Posts on ‘August 28th, 2006’

Monday August 28, 9:38 am ET  Shell PLC Halts Section of Pipeline Construction at Russian LNG Project MOSCOW (AP) — A consortium led by Royal Dutch Shell PLC has suspended pipe-laying work at a section of its giant liquefied natural gas project on Russia’s far eastern island of Sakhalin because of substandard construction work, a [...]

By Katherine Houreld Port Harcourt – Foreign workers in Nigeria’s oil hub carpool with rifle-toting police officers on their morning commute. A night on the town can turn into a run from gunfire. And placemats at a popular bar advise:”Eat a lot. Fat people are harder to kidnap.” Amid a rash of hostage-takings in the [...]

Sakhalin Energy that is the subsidiary of British-Dutch Shell and the Sakhalin-2 operator has suspended construction of some of the ground-surface pipelines. The official reason is that the company itself revealed violation of technical provisions. But more likely than not, it is the response to Federal Service for Natural Resources Supervision that harbors doubts about [...]

Reuters UK: August 28, 2006 LONDON – Biofuels can both bring down high pump prices and help halt climate change, their supporters hope.  But the result of the global boom in the green fuel additive may just have precisely the opposite effects in the near-term, according to both oil company executives and green campaigners. The [...]

EXTRACT: Oil giants that operate in the Niger Delta, including Royal Dutch Shell, are reconsidering staffing levels. An oil workers’ union is threatening to pull members out after a botched attempt on August 20th to rescue a Nigerian Shell employee who had been seized. THE ARTICLE Insuring against kidnap and extortion is a growth industry [...]

Monday, August 28, 2006 Royal Dutch Shell plc said that it welcomes Shell Canada’s formal proposal to expand the Athabasca Oil Sands Project. Shell Canada Limited announced that it has issued a formal proposal to proceed with Expansion 1 to the other Athabasca Oil Sands Project (AOSP) joint venture owners. They have 90 days to [...]

ENERGY:An industry group says the cost to change pumps is an “undue burden” not worth the “negligible” benefit to customers. BY STEVE EVERLY MCCLATCHY NEWSPAPERS OAHU, Hawaii – Idyllic weather, pounding surf and a warm, welcoming culture help make Hawaii unique in this nation. So does its gallon of gas. The Hawaiian gallon contains nearly [...]

By Tom Cahill and Gavin Evans Aug. 28 (Bloomberg) — Crude oil snapped a two-day advance on signs a Caribbean tropical storm won’t pack the same punch as Hurricane Katrina, which ripped into Gulf of Mexico platforms and refineries a year ago today. Tropical storm Ernesto weakened as it swept over Haiti yesterday, the National [...]

By MATT CHAMBERS August 28, 2006; Page C3 Driven by a growing desire to lower dependence on foreign oil, the U.S. is set to help two of the world’s biggest energy companies seeking to extract oil from stone in the Rocky Mountains — a venture that previously has been polluting and prohibitively expensive. The prize [...]

Brutal Honesty By Jeff Purcell Aug 27 2006 Some argue that the Estados Unidos and the U.K. overthrew Saddam Hussein because his regime sat on top of one of the world’s largest reserves of petroleum. Looking at Nigeria’s experience with guns and gas can help us understand the idea of going to war for oil. [...]

Published: Aug 28, 2006 3. Denis Rebrov article saying that Sakhalin Energy, the Shell subsidiary implementing the Sakhalin-2 offshore oil and gas project, has suspended construction of part of the project’s onshore pipelines. This is likely a response to the Russian environmental regulator, Rosprirodnadzor, claims concerning the environmental safety of the project. The regulator’s claims [...]

By Sheila McNulty in Houston A Texas judge is to decide on Monday whether to compel Lord Browne, BP’s chief executive, to be formally questioned before a court to decide claims against the UK oil giant arising from last year’s fatal refinery explosion. BP has refused a request by the plaintiff’s attorney, Brent Coon, to [...]

Web posted at: 8/28/2006 2:6:3 Source ::: Agencies RIYADH • Saudi Aramco said yesterday it had no plan to raise its holdings in Showa ShellSekiyu KK, Japan’s fifth-largest refiner, after Saudi state media reported that Aramco would buy a strategic stake. “There are no new developments in the Showa Shell joint venture,” a spokesman at [...]

By Alfean Hardy Shell Malaysia sees the Malaysian government’s stance on biofuels as a move in the right direction but does not see the use of crude palm oil as a viable feedstock for biodiesel in the long term, its chairman Saw Choo Boon said. “We support biodiesel and the government’s move on biodiesel and [...]

Mon Aug 28, 2006 1:03am ET MOSCOW, Aug 28 (Reuters) – The Shell-led (RDSa.L: Quote, Profile, Research) Sakhalin Energy project on the Russian island of Sakhalin has stopped work on building two onshore pipelines after criticism in an environmental report, Kommersant newspaper said on Monday. Kommersant said the $20 billion project had stopped building a [...]