(Lord Browne: facing demands to testify in a Texas court) By Russell Hotten, Industry Editor Last Updated: 1:11am GMT 31/10/2006 An interim report into a fatal oil refinery explosion accuses BP of ignoring “catastrophic safety risks” and of knowing about “significant safety problems” at another 34 facilities around the world. The US Chemical Safety [...]
Posts from ‘October, 2006’
The Guardian (UK): ‘Final piece in the jigsaw’
Tuesday October 31, 2006 Scientists “This should be a turning point in a debate which has pitted short term economic interests against long-term costs to the environment, society and the economy”. Martin Rees, president, Royal Society “The review closes a chasm that has existed for 15 years between the precautionary concerns of scientists and the [...]
Lloyds List: BP turns Thunder Horse into positive learning experience
British oil major opts for positive spin as production delayed by subsea systems faults, writes Martyn Wingrove, Lloyds List: Published: Oct 31, 2006 BP WANTS to use the lessons it learns at the troubled Thunder Horse project in the Gulf of Mexico to help develop its next generation of projects, including the large Kaskida discovery. [...]
Lloyds List: Shell set to break water depth records with Perdido development
Published: Oct 31, 2006 SHELL will be breaking several water depth records with its Perdido development project in the US Gulf of Mexico including taking subsea completions to new depths, writes Martyn Wingrove. The Anglo-Dutch oil major will be working with California-based Chevron and British oil group BP to develop three fields in ultra deepwaters [...]
The Wall Street Journal: Cost Cuts’ Role In BP Refinery Blast
U.S. Cites Cost Cuts’ Role In BP Refinery Blast Safety Board Lays Blame With Top-Level Decisions, Raising Firm’s Legal Risks By CHIP CUMMINS October 31, 2006; Page A3 Cost-cutting efforts by senior management at BP PLC contributed to a deadly explosion at a refinery in Texas last year, federal investigators said, a finding that ratchets [...]
The Wall Street Journal: Oil News Roundup: October 30, 2006 5:32 p.m.
THE WALL STREET JOURNAL ONLINE October 30, 2006 5:32 p.m. Crude-oil futures tumbled nearly 4% to close at less than $59 a barrel on the New York Mercantile Exchange, as traders again expressed skepticism about OPEC’s ability to keep a floor under prices in a world flush — for the moment, at least — with [...]
AFX News Limited: Mitsubishi Corp H1 net profit hits record, hikes FY forecast
10.31.2006, 12:10 AM TOKYO (XFN-ASIA) – Mitsubishi Corp reported record net profit for the fiscal first half, thanks to higher commodity prices, prompting the company to upgrade its full-year forecasts. Japan’s largest trading house said net profit for the six months to September increased 32 pct from a year earlier to 234.83 bln yen. Operating [...]
andnetworkcom: Nigerian villagers extend protest at oil platforms
October 31, 2006 Villagers occupying four oil pumping stations in Nigeria extended their protest to a third day on Friday in the hope of extracting contracts from Western oil companies. The protesters had agreed on Wednesday to vacate the facilities on condition that they were given contracts to supply food and speed boats to [...]
Indymedia: Shell’s Rossport Pipeline
Monday, Oct. 30, 2006 at 9:32 PM Detailed description of the issues surrounding the pipeline Shell wish to build through Rossport, a small village in the north west of Mayo. Shell’s pipeline through Rossport is extraordinarily dangerous: As acknowledged by Minister Dempsey in a written Dail reply to Deputy Michael Ring, it is unparalleled not [...]
Reuters: Shell Canada Staffing Will Be Reviewed After Buyout
30 October 2006 Calgary (Reuters) – Shell Canada Limited looks headed for big staffing changes after its Anglo-Dutch parent buys out minority shares, but that may not mean across-the-board layoffs, industry watchers said Friday. Royal Dutch Shell Plc, one of the world’s biggest oil companies, is offering $40 a share, or $7.7 billion to buy [...]
allAfrica.com: Nigeria: FNDIC and Others Charge Shell to Stop Pollution and Gas Flaring
Vanguard (Lagos) October 30, 2006 Emma Amaize Warri FEDERATED Niger Delta Ijaw Communities (FNDIC) and other militant groups in the region, weekend, rolled out four conditions under which the Shell Petroleum Development Company (SPDC) will be allowed by the Ijaw to resume operations in the creeks of Delta State. Leader of the group, Chief Bello [...]
Itar-Tass: Russia Audit Chamber reveals violations in Sakhalin-2 project
30.10.2006, 16.20 MOSCOW, October 30 (Itar-Tass) – Checks of the Sakhalin-2 project carried out by the Russian Audit Chamber have revealed numerous violations, mostly on the part the operator of the project, the Chamber’s auditor Sergei Abramov said. He said that the “chamber as a top financial control authority also has checked bodies of [...]
thetidenews.com (Nigeria): We’re in Ogoni to put out fire – Shell
Monday, Oct 30, 2006 The Shell Petroleum Development Company of Nigeria (SPDC) has said that, its presence in Ogoniland at the moment is not for oil exploration but to put out the fire on Yorla well 13. The Emergency Response Team Commander of the Company, Mr. Ikechukwu Charles Okoro disclosed this Friday in a press [...]
Bytestart (UK): Shell Springboard offering £40,000 awards to UK SME’s tackling climate change
Posted October 30, 2006 To encourage smaller businesses who are leading the fight against climate change, Shell Springboard will make at least nine awards of up to £40,000 to UK small and medium sized businesses. The awards will be given to the companies that convince business and environmental experts that their ideas are both environmentally [...]
Reuters: Shell’s Deer Park, TX crude unit returns to service-company
Mon Oct 30, 2006 11:06am ET NEW YORK, Oct 30 (Reuters) – Shell said Monday it returned to service the smaller of two crude units at its joint-venture refinery in Deer Park, Texas, as scheduled. The unit, which can process 70,000 barrels per day of crude oil, was shut down on Oct. 9 for 21 [...]


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