Oil and gas exploration by energy giants Exxon, BP and Rosneft is seriously threatening one of the worlds most critically endangered whales, according to a panel of top scientists in a new report. The Western Gray Whale Advisory Panel (WGWAP), composed of 11 scientists and representatives from Shell and Sakahlin Energy...
Exxon
Shell/Sakhalin Energy blame Exxon/BP/Rosneft for threat to endangered whales
BP CEO: Mega oil merger not compelling
The logic for a possible mega merger between international oil companies isn't a terribly compelling, BP Plc's Chief Executive Officer Tony Hayward said.
Big Oil Can’t Resist the Chavez Charm
You'd think BP or Royal Dutch Shell, for instance, would be especially hesitant about cozying up to the strongman again. After all, BP saw one of its executives flee Russia to escape trumped up charges while having a power-sharing agreement forced on it. Shell was forced to sell its Sakhalin Island interests to Russian gas giant Gazprom. Such are the dangers of signing over your soul to the devil.
Caltex Australia Says Carbon Costs Threaten Refining Industry
Oct. 23 (Bloomberg) -- Australia's oil-refining industry would be threatened by ``high'' costs for carbon emissions permits under the government's proposed trading system, said Caltex Australia Ltd., the nation's biggest refiner.
Big Oil’s Last Stand
The American public is fed up with Big Oil. In 2006 Gallup published its annual rating of public perceptions of U.S. industry. The oil industry is always a poor performer, but this time it came in dead last earning the lowest rating for any industry in the history of the poll.
U.S. Refineries Are Shut, Offshore Wells Closed, for Hurricane
Motiva Enterprises LLC, a Houston-based joint venture of Royal Dutch Shell Plc and Saudi Arabia's state oil company, said it shut its Norco, Louisiana, plant, which can process 236,400 barrels a day.
Gustav: Shell, BP and Exxon ready to close Gulf of Mexico rigs
Shell and BP evacuated staff from rigs, while ExxonMobil and other operators activated contingency plans to cease operations on offshore facilities that account for a quarter of US crude oil production and 15% of natural gas output.
Shell’s ex-president presses on
During an appearance on CNBC early in the summer, John Hofmeister made a startling statement: "Oil isn't a free market." Soon after he said it, the show cut to a commercial and someone handed Hofmeister, who was about to retire as president of Shell Oil Co., a piece of paper. It was a message from Shell's headquarters in the Netherlands telling him he could not say that.
Have we reached the end of the road for oil?
This means that the huge profits being made by multi-nationals such as Shell or ExxonMobil may turn out to be their last hurrah. "The days of the international oil companies are coming to a glorious end," said Fatih Birol, chief economist of the International Energy Agency, last month. "Their reserves are declining and they will have difficulty accessing new ones."
Oil Dependency is Africas Undoing
Shell Petroleum Development Corporation (SPDC) has been mining oil in Nigerias Niger Delta in conjunction with NNPC, Agip and Elf. But all the while, Nigerian citizens have not benefited from these mines; their environment is destroyed.
LEARNING THE RIGHT RULES OF THE GAME
Many games have had spectacular results - for instance the Shell Make Money game in 1984, which is claimed to have lifted sales by more than 25 per cent...
Canadians ponder cost of rush for dirty oil
Shell, Chevron, Exxon, Total, Occidental, Imperial and most other oil majors have so far invested nearly $100bn Canadian dollars (£50bn) in the 1,160 square mile (3,000 square kilometre) "bitumen belt", which is being called the "new Kuwait".
Inpex Says Kashagan Oil Field Delayed by Two Years to 2013
Eni, Kashagan's operator, and its partners including Exxon Mobil Corp., Royal Dutch Shell Plc and Total SA signed a memorandum with the government on June 28 delaying production at the project for the fourth time until Oct. 1, 2013, according to a statement on the government's Web site.
Taqa to buy Shell and Exxon oilfields
The company this week announced that it was buying six North Sea oil fields from Shell and Exxon, giving it 40,000 barrels of oil equivalent per day of production, and an estimated 160m boe of reserves.
American Energy Policy, Asleep at the Spigot
Consumers overseas might not like higher taxes on gasoline, but theyve adapted, says Jeroen van der Veer, chief executive of Royal Dutch Shell, the European energy giant. A society can work, can function and can grow even at higher fuel prices, he says. Its a way of life you get used to it. In Mr. van der Veers native Holland, for example, gasoline sells for more than $10 a gallon, with $5.57 of that going to taxes.
Big Oil’s Iraq deals are the greatest stick-up in history
"We" are already heisting Iraq's oil, or at least are on the brink of doing so. It started with no-bid service contracts announced for Exxon Mobil, Chevron, Shell, BP and Total... Iraq is being forced to sell 75% of its national patrimony to pay the bills for its own illegal invasion and occupation.