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Posts from ‘April, 2007’

The Times: Oil explorer may become Kremlin target after upgrading reserves

EXTRACT: Mr Mitvol is best known for forcing Shell to cede a majority stake in the Sakhalin II project to Gazprom. April 30, 2007 Steve Hawkes Urals Energy, the oil and gas explorer listed in London, will risk the wrath of Oleg Mitvol, the Russian environmental regulator, today by revealing a spectacular 400 per cent [...]

The Press Association: Shell set to show dip in profits

April 29, 2007 Anglo-Dutch company Royal Dutch Shell is expected to show the impact of falling energy prices when it publishes first-quarter results on Thursday. Consensus market forecasts for the first three months of the year are for 5.56 billion US dollars ( 2.78bn), nearly 5% lower than last year’s 6.09 billion US dollars ( [...]

Lanka Business Online – Sri Lanka: Indian and Dutch partners of Sri Lanka petroleum firms shrug off Tamil Tiger air raids

EXTRACT: Shell Gas Lanka Ltd, whose liquefied petroleum gas (LPG) unloading and storage terminal in Muturajawela, which was hit by bombs within minutes of the first attack, is part of Netherland’s Royal Dutch/Shell Group since 1995.   April 29, 2007 (LBO) – The Indian and Dutch partners of petroleum facilities targeted by Tamil Tigers, which [...]

neurope.eu: Minister hopes Sakhalin II problems will be resolved

EnergyRUSSIA Russian Natural Resource Minister Yury Trutnev hopes that a significant number of Sakhalin II energy problems will be resolved. “We will calculate the damages, submit them and we will hope that a significant number of the problems will be resolved. For the remainder compensation will be paid to the state. It is good that [...]

Scotland On Sunday / The Scotsman: Taverns figures expected to pack profits Punch

GUY DIXON   THE FTSE 100 briefly breached the 6,500 barrier last Thursday, taking its lead from Wall Street where the Dow Jones Industrial Average broke through the 13,000 mark. But news that the US economy grew more slowly than expected in the first three months then expected weighed heavily on the FTSE and helped [...]

AFX News Limited: Nigerian Oil Production Remains a Wild Card

Nigerian oil production appears to have weathered post election tensions so far, but the tinder box nature of politics in the country suggests that a deterioration, if it comes, will be sudden. Crude prices added a geopolitical premium in the weeks ahead of the presidential elections held last weekend, but prices have since eased after [...]

RIGZONE.com: Drilling Demand: Shell Exec Says Curbs Hurting U.S.

By  Jason Womack      Tulsa World, Okla.      The president of Shell Oil Co. called for fewer drilling restrictions along the continental shelf and on federally owned lands Wednesday as a means of reducing U.S. dependence on foreign oil. During a presentation in Tulsa, John Hofmeister told hundreds of energy and other business professionals that increased exploration [...]

BBC Monitoring Service: Sakhalin-2

The Supervisory Board has approved the estimate of the second phase of the Sakhalin-2 project, GTRK Sakhalin TV reported on 19 April. The Russian Ministry of Industry and Energy jointly with the shareholders of the Sakhalin-2 project approved all documents needed for the implementation of the project with the participation of a Russian investor. The [...]

The New York Times: Hydrogen’s Second Coming: On the Road, Hope for a Zero-Pollution Car

MEMORIAL Three hydrogen vehicles at the spot where the Hindenburg crashed on May 6, 1937.   By DON SHERMAN Published: April 29, 2007 LAKEHURST, N.J. WHEN the largest aircraft ever built — the pride of Nazi Germany — crashed in flames at the United States Navy’s airship base here, it took 36 lives and smeared [...]

Fairbanks Daily News-Miner: Anadarko, Shell back gas line plan

By Stefan Milkowski Staff Writer JUNEAU — Two oil companies with leases on the North Slope said Friday they were pleased with Gov. Sarah Palin’s natural gas pipeline legislation. Representatives from Anadarko Petroleum Corp. and Shell Exploration and Production both offered their support for the Alaska Gasline Inducement Act, or AGIA, which sets up a [...]

AME.Infor: Aramco, Shell refinery hitch

Saudi Arabia Sunday 29 April 2007 Saudi Aramco and Shell have scaled back crude runs at their 305,000 barrels per day refinery in Jubail due to technical glitches, reported Reuters. The refinery, which focuses on the export market, had just resumed production following a month long routine maintenance break. The refinery should be back to [...]

The Observer: Green groups act to halt Shell plans

Nick Mathiason Sunday April 29, 2007 Shell has become the dominant oil major in a controversial Alaskan project at the heart of legal challenges from environmentalists and indigenous peoples against George Bush. The energy giant has paid the US government millions of dollars for licences in the Beaufort Sea off the northern coast of Alaska, [...]

Associated Press: Shell to Sponsor Jazz Fest Through 2010

Sunday, April 29, 2007 1:08:44 AM NEW ORLEANS(AP) An energy development company said Saturday it would sponsor the New Orleans Jazz & Heritage Festival through at least 2010, a decision organizers said would guard against scaling back the popular event in a city slowly recovering from Hurricane Katrina. Terms of the deal with Shell Exploration [...]

AME Info: Shell focus on job creation and managing environmental challenges in the Middle East

Royal Dutch Shell Plc underlined its global commitment to sustainable development (SD) initiatives through using international best practice to achieve local solutions at the 2nd Corporate Social Responsibility (CSR) conference held today at the JW Marriot in Kuwait City, sponsored by Kuwait Shell Limited. Speaking on ‘Sustainable Development at the Heart of Shell’s Business – [...]

Indymedia.ie: Aggressive policing at blockade of Shell HQ in Dublin

Blocked main entrance to Shell HQ in Dublin, Ireland (“STOP THE GAS GIVEAWAY”) Friday April 27, 2007 12:40 by Joe – WSM – Lucy Parsons – personal capacity This morning at 7.30 Dublin Shell to Sea members brought a taste of Mayo to Corrib House. Over 50 people took part in an ongoing blockade of [...]