Posts on ‘April 13th, 2007’

Fri Apr 13, 2007 5:29 PM BST MOSCOW, April 13 (Reuters) – Russia’s $22 billion Sakhalin-2 oil and gas project, taken over last year by Gazprom , has dropped PricewaterhouseCoopers [PWC.UL] as its auditor, the energy ministry said in a report obtained by Reuters on Friday. Gazprom said earlier this week that it had kept [...]

13/04/2007  16:44 Protesters were today thwarted in attempts to chain themselves to lorries at the Shell gas refinery site in Co Mayo. Minor skirmishes involving gardai officers and demonstrators marked an otherwise relatively peaceful day at the Bellanaboy plant. Around 10 women managed to briefly gain access to the secured site. All were removed without [...]

13/04/2007 – 13:46:19 Scuffles have broken out between gardaí and protestors during a demonstration today outside the controversial plant being built by Shell in Co Mayo. Supporters of the Shell to Sea campaign group are accusing gardaí of heavy-handedness in dealing with demonstrators who tried to block a lorry from reaching the construction site. The [...]

MONTREAL (CP) — Canada must nationalize its oil and gas industry to help lower the cost at the pumps by one-third, says a Quebec university accounting professor. Leo-Paul Lauzon analyzed annual reports of major oil companies such as Exxon Mobil, Royal Dutch Shell, BP Amoco, Chevron Texaco and Conoco Philipps during a period of eight [...]

(PHOTO CAPTION: In 2001, shortly after taking office, Vice President lead a special and still secret task force whose purpose was to propose new U.S. energy policy. What was discussed remains a jealously guarded secret but Judicial Watch successfully sued the government under the Freedom of Information act and discovered that the task force made [...]

MOSCOW, April 13 (Reuters) – Russia is considering cutting payments to the operators of the Sakhalin-1 and Sakhalin-2 offshore oil and gas production sharing projects after independent auditors reviewed the costs of the work. Russia’s energy ministry said in a report on the projects’ results for 2006 that independent auditors recommended cutting reimbursable expenses to [...]

 The Hague and London Tuesday May 15, 2007    Attendance – The Hague and London The 2007 Annual General Meeting will be held on Tuesday May 15, 2007 in The Hague, The Netherlands, with an audio-visual link to a satellite meeting place in London, UK. The meeting will start at 11.00 am (Dutch time), 10.00 [...]

By Joe Campbell   The deaths of three crewmen on board a rig support vessel have once again highlighted the dangers of work in the offshore oil and gas industry. It is less than four months since seven men died when a helicopter ferrying workers between gas rigs in Morecambe Bay, Lancashire, crashed into the [...]

13 Apr 2007 07:47:22 GMT More  By Matthew Tostevin LONDON, April 13 (Reuters) – Nigerian elections due to start this weekend are rousing some optimism in the oil industry of a rare chance to cool unrest in the main producing region and eventually bring back lost output. While flare-ups during voting remain possible in the [...]

New gas extraction projects in the Norwegian Sea are set to come onstream over the next five years providing huge opportunities for suppliers of production systems and offshore contractors, writes Martyn Wingrove, Lloyds List Published: Apr 13, 2007 STATOIL believes there could be at least four more floating production systems deployed in the Norwegian Sea [...]

Friday, April 13, 2007. Issue 3636. Page 5. By Miriam Elder Staff Writer Shell and Gazprom are due to meet with officials from the Industry and Energy Ministry on Monday in an effort to close a deal on the state-controlled gas giant’s entry into Sakhalin-2. “It is premature to say it is set, but everything [...]

Current Publication Date: 13/04/2007 by Fiona McGarry Shell E&PI has refuted a number of objections to a controversial decision to award it an operating licence for the Corrib gas terminal. The company has, this week, lodged a submission with the Environmental Protection Agency in which it responds to claims made by a number of objectors [...]

Posted 4/12/2007 Energy: The theory that oil supplies have peaked and are on their way down has made more than a few Americans nervous. They should relax. A new study confirms that the market, if left alone, will provide for decades. The peak oil theory was popularized by M. King Hubbert, a Shell Oil geophysicist [...]

FRANK URQUHART  (furquhart@scotsman.com) Friday 13 April 2007 AT LEAST three people died and five were missing, feared drowned last night after an anchor-handling tug capsized suddenly in the North Sea off Shetland in relatively calm waters. Ten of the 15 on board the Bourbon Dolphin at the time were rescued, but the Coastguard later confirmed [...]

Shareen Han BANDAR SERI BEGAWAN 13-Apr-07 AN ECONOMIC wave is expected to sweep Brunei into the international arena and bring in new jobs, new technologies and more business opportunities, after yesterday’s signing of six historic agreements to develop Brunei’s first methanol production and export plant. The methanol plant project, which involves a total investment of [...]