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Posts from ‘March, 2008’

The Guardian: Anger at HSBC plan to make bonuses easier to earn

Jill Treanor Monday March 31 2008 HSBC is preparing to publish a potentially controversial pay scheme that could allow its top executives to earn larger bonuses. Britain’s largest bank has consulted its biggest shareholders and is thought to have failed to reach a consensus of opinion among investors who will vote on the plan at [...]

The Guardian: Oil slides to $105 as Iraq tensions calm

Monday March 31 2008 By Fayen Wong PERTH, March 31 (Reuters) – Oil fell more than $1 to less than $105 a barrel on Monday, extending Friday’s decline, after the restart of a crude pipeline system in Iraq eased fears of an extended exports disruption from the country’s oil-rich south. U.S. light crude for May [...]

The Aspen Times: Does humanity’s future include a ‘very large extinction spasm’?: Expert suggests that might be the case if things don’t change

John Colson The Aspen Times Aspen, CO Colorado March 30, 2008 ASPEN — Some scientists say the Earth is headed for “a very large extinction spasm” if current trends continue, moderator Michael Totten told a panel of experts at the Aspen Environment Forum on Saturday. That prediction, he said, is based on estimates of how [...]

allAfrica.com: Nigeria: FG Slams Tougher Sanction On Gas-Flaring Firms

This Day (Lagos) 30 March 2008 Festus Akanbi With agency report Federal Government has threatened to increase fines on energy companies that continue to release natural gas into the air when producing oil, the Minister of State for Petroleum, Mr Odein Ajumogobia (SAN), has said. “We certainly will increase the penalty for gas flaring,” Ajumogobia, [...]

Daily Telegraph: Fears that ‘eco-towns’ will recycle bad planning

EXTRACT: It points to bids such as Carrington, in Trafford, Greater Manchester, as the way forward. There the oil company Shell has submitted a bid to build 5,000 homes on the 400-acre disused site of a petrochemical plant. THE ARTICLE By Patrick Sawer Last Updated: 12:01am BST 30/03/2008 Developers are threatening to concrete over acres [...]

The Aspen Times (Colorado): Experts say oil is slippery situation: Clock ticking on the world’s supply

John Colson The Aspen Times Aspen CO, Colorado March 29, 2008 ASPEN — Experts might disagree about exactly when the world will run out of the oil that is easily found and extracted, but most agree that it will happen at some point and that humanity should be preparing for that day. That was one [...]

Argus Media: Analysis — TNK-BP left in limbo following FSB raid Link

Time:  28 Mar 2008 10:26 GMT TNK-BP is facing fresh problems in the wake of last week’s raids by Russia’s Federal Security Service (FSB) on company offices in Moscow. BP this week recalled 148 of its secondees to TNK-BP, citing visa problems. “The process of clarifying new visa regulations is taking a little longer than [...]

THE WALL STREET JOURNAL: Democrats to Press Oil Executives On Tax Incentives — and Polar Bears

By STEPHEN POWER March 29, 2008; Page A2 Big Oil will be making an appearance on Capitol Hill this coming week as congressional Democrats open hearings on two topics important to the industry. Top executives from Exxon Mobil Corp., BP PLC, Royal Dutch Shell PLC, Chevron Corp. and ConocoPhillips are expected to testify Tuesday before [...]

CNNMoney.com: Union: Shell Gabon Oil Strike To Spread Through Indus -AFP

March 28, 2008: 07:15 PM EST LIBREVILLE (AFP)–An oil workers strike which has paralyzed production at a Royal Dutch Shell PLC (RDSA) subsidiary in Gabon is set to become an industry- wide dispute, union officials warned Friday. Industrial action at Shell’s Gamba terminal has halted 60,000 barrels a day of crude production since the strike [...]

The Times: Regal Petroleum boss David Greer has come in from the cold

March 29, 2008 Robin Pagnamenta Most people would shudder at the prospect of being sent to Siberia. Not David Greer. He spent four years on the bleak Russian plains as director of a vast oil and gas project for Shell and, although life was tough, it was not all about hardship. “Sometimes you’d get up [...]

LATEST EMAIL CORRESPONDENCE WITH ROYAL DUTCH SHELL COMPANY SECRETARY MICHIEL BRANDJES PUBLISHED 28 MARCH 2008

By John Donovan We have printed below our recent email correspondence with Mr Michiel Brandjes, Company Secretary and General Counsel Corporate of Royal Dutch Shell Plc. The subject is explained in the correspondence. John Donovan email to Mr Brandjes on 19 March 2008 From: John Donovan [mailto:john@shellnews.net] Sent: 19 March 2008 15:56 To: ‘michiel.brandjes@ Cc: [...]

Star-Telegram (Texas): GM plans to increase ethanol fleet

Posted on Fri, Mar. 28, 2008 By SCOTT STREATER Star-Telegram Staff Writer The fuel additive ethanol has been blamed lately for ills such as escalating food prices, global warming and the widening dead zone in the Gulf of Mexico. But don’t tell that to General Motors Corp., which is pushing forward with its plan for [...]

Shell licenses petrochemical technology to Petro China

Friday, March 28, 2008 (China)  Shell Global Solutions International announced the signing of a licensing contract with PetroChina International Company Ltd and PetroChina Sichuan Petrochemical Company Limited (PSP), which are subsidiaries of China National Petroleum Corporation (CNPC), for the application of Shell’s Ethylene Oxide/Ethylene Glycol (EO/EG) process in a new petrochemical plant near Chengdu, Sichuan [...]

RussiaToday.ru: Gazprom to jump on booming LNG market

Gazprom headquarters, Moscow March 28, 2008, 10:33 Gazprom is looking to cash in on booming global LNG demand with its liquefied natural gas production strategy covering up to 2030. LNG is set to be the future of gas transportation system.   Russia`s natural gas giant has announced it has ambitions to become one of the [...]

UpstreamOnline.com: Collection of articles relating to David Greer

Sakhalin’s governor confirms LNG delays Sakhalin Island Governor Aleksandr Khoroshavin has confirmed that the start-up of liquefied natural gas deliveries from the Gazprom-led Sakhalin 2 project could be delayed by at least six months, writes Vladimir Afanasiev. Khoroshavin said he expects Sakhalin 2 operator Sakhalin Energy to start first shipments of LNG from the project [...]