All affected employees in Shell Ethiopia highly recognize the role your web site played in promoting our cause. We strongly believe that this settlement would not have been possible had it not been for the intervention of your web site. For this, we would like to express our deepest gratitude on behalf of all Shell Ethiopia staff.
November 14th, 2008:
Shell Ethiopia employees express thanks for help in settlement of dispute
East to crack the west’s grip on refining
While refineries in Europe and the US in particular suffer from a collapse in fuel demand, and big integrated oil companies such as BP and Royal Dutch Shell sell one facility after another, Asia and the Middle East are emerging as the new centres of the industry.
Bad publicity can be trigger for change
Headline disasters, from Shell and its plans to dispose of the Brent Spar oil storage facility, to the outbreak of bird flu at a Bernard Matthews turkey farm in 2007, have forced companies to look at the social and environmental implications of their actions and to develop an approach to reduce their impact.
Oil quicksands
Suncor, the biggest oil sands producer, has pruned its budget by a third even as investors have slashed its value by almost two-thirds. Others, such as Royal Dutch/Shell, Nexen and EnCana are also re-evaluating the future. The frenzied rate of investment that had turned a small Canadian town such as Fort McMurray into a sub-Arctic El Dorado with rapid inflation and scarce housing is unlikely to continue without more certainty on crude prices.
Collapse in demand may halt refinery construction as margins fall
More than four out of five refinery construction projects face cancellation as the worldwide collapse in fuel demand wipes out all but those developments with strong government backing.
Shell chief says oil exploration worth it at $50 a barrel
Investment in oil sands projects is at risk because of the falling price of crude, Mr van der Veer said. The projects are the most expensive way of producing oil at the moment, he said, and Shell delayed a decision on expanding its Canadian oil sands business in October.
Shell $5 million USD birthday bribe for the Sultan of Brunei
Royal Dutch Shell has contributed US$5 million towards the establishment of the Health Promotion Centre, which is Brunei's first ever healthcare resource centre offering a range of innovative and interactive public health education tools and facilities.