August 5, 2012 By ALEXIS FLYNN Downbeat quarterly earnings from Europe’s major energy companies are a reminder that the bumper returns of two years ago are a long way from returning, as the sector expends time and money trying to secure new oil and gas fields. While the market was braced for a drop in [...]
Posts on ‘August 5th, 2012’
Shell’s wells yield $162 million profit
6 August 2012 Oil and gas giant Shell made a profit of $162 million from its fields in Taranaki last year, including the huge but ageing Maui and Kapuni gas fields. Shell sold its retail petrol stations in New Zealand in 2010, but it maintains its large and profitable oil and gas production fields in [...]
Insight: A year on, Nigeria’s oil still poisons Ogoniland
(Reuters) – A bright yellow sign above the well in this sleepy Nigerian village says ‘caution: not fit for use’, and the sulphurous stink off the water that children still pump into buckets sharply reinforces that warning. “Can you smell it? Don’t get any in your mouth or you’ll be sick,” said Victoria Jiji, 55, [...]
More than 1 billion barrels worth of oil discovered off Irish coast
FROM A REGULAR CONTRIBUTOR John, I ran across these articles about a large oil discovery off the coast of Ireland. ‘More than 1 billion barrels worth of oil’ discovered off coast of Cork Barryroe oil discovery four times what was expected It is too early to guess whether the discovery is large [...]
African Cultural and Fundamental Rights Council Task Government and Shell on Ogoni Cleanup
In short, the devastating content of this report $hell and the government had covered was the reason Ken Saro-Wiwa was murdered when he revealed the genocidal design against Ogoni to the world and refused to call off the campaign as was demanded by Shell and government.
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