• Shares of Exxon Mobil, the world’s biggest corporation, had their largest annual increase since 1980 as the company boosted oil production and crude prices rose to an all- time high.
• Royal Dutch Shell will cut its proven oil and gas reserves by more than 4pc when it gives up half its stake in Russia’s Sakhalin-2 venture, analysts said.
• Gazprom, Russia’s natural-gas export monopoly, is continuing talks with Belarus to avoid a Jan. 1 cutoff that could curb deliveries to Europe.
• Empyrean Energy, a UK-based oil and gas explorer with projects in the US and Germany, said it made a net loss in the six months through Sept. 30 on rising administrative costs.
• Rosneft is in talks with Royal Dutch Shell, ConocoPhillips and three other non-Russian companies on developing a field in the Black Sea, Interfax said, citing an unidentified person familiar with the talks.
• Centurion Energy International, the Canadian oil company that’s being acquired by a United Emirates-based energy company, announced the termination of plans by Royal Dutch Shell to help it explore for natural gas in Egypt’s Nile Delta.
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/12/30/cxbloom30.xml
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
Comments RSS Feed
0 Comments on “Daily Telegraph: Database: Energy: Saturday 30 December 2006”
Leave a Comment