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Posts on ‘July 6th, 2009’

Shell turns the thumbscrews on contractors and ALL contractor labour suppliers

By John Donovan The alarm bells signaling Shell’s intent to act ruthlessly towards contractors have been ringing for several months. It seems that the thumbscrews are also being applied to ALL contractor labour suppliers. News of Shell’s plans to intensify cost-cutting in reaction to the ressession and falling oil prices was contained in a leaked Shell internal email [...]

Crude Oil Falls on Dollar Advance, Speculation of Supply Gains

MEND said yesterday it attacked an oil facility run by Royal Dutch Shell Plc in the country’s southern region.