April 5, 2007, 11:23 am
In Other Papers: Back to Africa
Posted by WSJ.com Staff
Here’s a quick roundup of energy news from some other newspapers:
A year after Royal Dutch Shell was forced to shut more than half of its oil operations in Nigeria because of militant violence, the New York Times reports that the company has reached an agreement allowing it to return safely and resume full production within six months.
House Democrats passed a measure earlier this year designed to fix a $10 billion mistake that gave huge royalty breaks to oil companies that drill on federal land. Now, according to USA Today, two key Democrats with political ties to the oil and gas industry are contemplating a gentler approach.
Indonesia is forging ahead with plans to build its first nuclear power plant in the shadow of a dormant volcano, the Guardian reports, despite mounting opposition from environmental groups.
A chain of garden centers in the U.K. will stop selling some of its most popular products, including patio heaters and peat, over concerns about their impact on the environment, according to the Guardian.
“Eco-friendly houses used to be clumsy, idiosyncratic and all about the message,” says the Los Angeles Times, “but architects are discovering stylish approaches to sustainable designs.”
Comments
The New York Times story about Shell returning to full production in Nigeria seems optimistic to say the least.
Militant attacks and hostage taking is on the increase. A car bomb recently exploded in Shell’s car park compound in Port Harcourt.
I would also point out that previous peace settlement deals between Shell and Nigerian activist groups have all come to nought.
That is the reality.
Posted by John Donovan, co-owner of the website www.royaldutchshellplc.com
Comment by John Donovan – April 6, 2007 at 3:36 am
http://blogs.wsj.com/energy/2007/04/05/in-other-papers-back-to-africa/
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