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Posts on ‘January 23rd, 2012’

MOSOP may permit oil exploration in Ogoniland

TO VIEW THE COMPLETE DRAMATIC GRAPHICS FROM THE UK GUARDIAN ARTICLE ‘UNLOVEABLE SHELL – GODDESS OF OIL’ – CLICK HERE – TAKES SHORT TIME TO LOAD Shell, which until 1993 was the major oil producing company in Ogoni, was forced to leave the area following widespread protest spearheaded by MOSOP over alleged human and environmental [...]

Can Big Oil Repeat Its Big Year?

JANUARY 23, 2012 By LIAM DENNING Even today, $1.67 trillion is a lot of money. That is the amount wiped off the combined market capitalization of the top 50 energy companies between the end of 2007 and the end of 2011. Breaking it down offers big clues on Big Oil’s prospects for 2012. Every year, [...]

Shell puts extra €90m into Irish subsidiary

The Irish Times – Monday, January 23, 2012 GORDON DEEGAN OIL AND GAS multinational Shell has injected €90 million into its Irish subsidiary to deal with the spiralling costs of the Corrib gas field project. Documents filed with the Companies’ Registration Office show that the global group has pumped the extra money into Shell Ireland. [...]

Gazprom and Shell successfully developing cooperation

Royal Dutch Shell CEO Peter Voser (left) and Gazprom Chairman, Alexey Miller Sunday, 22 Jan 2012 The Gazprom headquarters hosted a working meeting between Mr Alexey Miller Chairman of the Company Management Committee and Mr Peter Voser Chief Executive Officer of Royal Dutch Shell. The parties discussed the issues of bilateral cooperation as part of [...]