LAGOS (Dow Jones)–Production at Royal Dutch Shell PLC’s (RDSB.LN) EA oil field in Nigeria has resumed after more than three years offline, an industry source told Dow Jones Newswires Tuesday.
Posts on ‘July 21st, 2009’
A few minutes ago The Wall Street Journal published a corrected article originally published on July 17 under the headline: “Shell Email Leak Says US Convent Refinery Income Dismal -Blog”. The Royal Dutch Shell Plc company website was identified as Royaldutchshellplc.com – the precise dotcom domain name for the unified company. Since Shell was unsuccessful [...]
BLOOMBERG.COM: Armed attacks targeting oil infrastructure in the delta, home to Nigerias oil industry, have shut plants operated by Royal Dutch Shell Plc, Chevron Corp. and Eni SpA, curbing production of the light, sweet variety of oil favored by U.S. refiners. Nigeria vies with Angola as Africas biggest oil producer and is the fifth-biggest source of U.S. oil imports.
For its part, the EFCC said it was probing payments made by the oil companies Chevron and Royal Dutch Shell to MER Engineering, a company owned by Mr Ibori, purportedly for hiring houseboats to oil industry workers. Chevron said it believed it had complied with anti-corruption laws, while Shell said MER was on its list of contractors but declined to say what work the company had done.
Tar sands are a mixture of sand or clay and bitumen, which are either pumped from underground using steam or dug out in strip mines and which need pre-processing or “upgrading” before they can be refined. Shell is among the companies developing tar sands in Alberta, despite its extraction project losing $42m (£25.4m) in the first three months.