Posts on ‘March 22nd, 2007’

A Nigerian Senate committee has indicted the president and his deputy for corruption over an oil fund. The committee recommends both President Olusegun Obasanjo and Vice-President Atiku Abubakar be prosecuted. The committee resigned after pressure to block the report. The Senate will now consider the report but not until after general elections next month. Mr [...]

2007-03-22 13:30:56 – ZAGREB, Croatia, March 22 /PRNewswire/ — CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce the recent commencement of drilling services for Gulfsands Petroleum PLC in Syria. Drilling services are being provided with CROSCO’s 2000 HP drilling rig EMSCO 602 (Emsco C-2 II). Currently CROSCO is drilling the Khurbet [...]

Michael Meacher March 22, 2007 1:30 PM The recent cabinet agreement in Baghdad on the new draft oil law was hailed as a landmark deal bringing together the warring factions in the allocation of the country’s oil wealth. What was concealed was that this is being forced through by relentless pressure from the US and [...]

By David R. Sands March 22, 2007 Iranian leaders yesterday vowed to defy a U.S.-led drive to halt the country’s nuclear program, warning that proposed United Nations sanctions will not work and promising to “strike the enemies” trying to pressure the country. As the U.N. Security Council debated a new round of sanctions in New [...]

Published: Mar 22, 2007 FRENCH unions and the port authority remained locked in negotiations yesterday as a strike continued at the Fos-Lavera oil and gas terminal at Marseille, writes Sandra Speares. French union the Confederation Generale du Travail has put a draft proposal to its membership to end the dispute, which has been going on [...]

The U.S. is enlisting foreign companies to help cut off petro revenues to its nuclear adversary Published: Mar 22, 2007 WASHINGTON – For all its efforts to apply economic and political pressure on Iran over its nuclear program, the United States has never used a potentially potent tool in its arsenal — penalties on foreign [...]

Thu Mar 22, 2007 9:29AM GMT OSLO (Reuters) – BP (BP.L: Quote, Profile, Research) has filed a plan for further development of the Valhall oilfield off Norway, including planned investments of 14 billion Norwegian crowns (1.15 billion pounds), Norwegian energy officials said on Friday. The Valhall field in the Norwegian sector of the North Sea [...]

By Vibeke Laroi March 22 (Bloomberg) — BP Plc, Europe’s second-largest oil company, and partners plan to spend about 14 billion kroner ($2.3 billion) on a new platform in the North Sea Valhall oil field to extend the field’s production life to 2049. Norway’s Ministry of Petroleum and Energy received a plan for developing the [...]

By Fred Pals March 21 (Bloomberg) — Royal Dutch Shell Plc., Europe’s biggest oil company by market value, said that its Berre oil refinery in Berre l’Etang, France, has been shut for maintenance. The maintenance works started March 14 and will last about five weeks, Shell said on the Web site of the Berre petrochemical [...]

Thu Mar 22, 2007 10:21 AM BST LAGOS, March 22 (Reuters) – Royal Dutch Shell (RDSa.L: Quote, Profile , Research) has completed repairs to a big Nigerian oil pipeline that broke open on March 4, forcing the company to reduce output by 187,000 barrels per day, a spokesman said on Thursday. The company is now [...]

(Reuters) – Dutch bank ABN AMRO , which is in exclusive talks to merge with Barclays , would not be the first major company to be jointly managed or listed in the Netherlands and Britain. The following is a list of major Anglo-Dutch corporate alliances: For the day’s news on ABN, click on [ID:nL21397388]. ROYAL [...]

Contact:  Carla Vigue, Office of the Governor, 608-261-2162 Company’s Complaints of “Discrimination” Hard to Swallow, Morgan Says MADISON – The Doyle administration today responded to complaints by Shell Oil that it is unfair to ask oil companies to give relief to taxpayers and help pay for transportation needs. Instead of raising taxes on consumers or [...]

EXTRACT: “Why can a company like Shell have a gas station on every corner in the US while simultaneously investing in Iran?” By Guy Dinmore Published: March 22 2007 02:00 | Last updated: March 22 2007 02:00 With a stroke of the pen and a tick of the box, the US public is being urged [...]

Posting in response to our article… Do you have grounds for a lawsuit against Shell? Have you, your firm or family been cheated or injured by Shell? March 21st, 2007 23:45 For 13 years now Southern Farmers a group of Black farmers in the great island of Barbados in the West Indies have been fighting [...]

By THE ASSOCIATED PRESS Published: March 21, 2007 Filed at 5:10 p.m. ET SAN FRANCISCO (AP) — Biotechnology was first applied in medicine, then farming. Today, dozens of lifesaving drugs are on the market, while many crops are genetically engineered to withstand weed killers. Now, a 2-year-old push to develop alternative fuels is driving biotechnology’s [...]