Hes not just an oilman any more. Renowned oil investor T. Boone Pickens has shifted his attention to a renewable energy resource – and is pumping a ton of money into it.
Posts on ‘September 8th, 2008’
Europe has nothing to fear from dependence on Russian gas even though at least a third of its gas will come from Russia by 2015, Gazprom (GAZP.MM: Quote, Profile, Research, Stock Buzz) Deputy CEO Alexander Medvedev told Reuters on Monday.
Iraq expects to sign a natural gas deal with Royal Dutch Shell within a month, the Oil Ministry said on Monday.
European frauds such as Vivendi, Royal Dutch Shell and Parmalat demonstrated that corporate scandals were not confined to the US.
Post-Enron, post-Shell, post-WorldCom, post-Parmalat, the collective knickers of the business world are in a twist about ethics, and rightly so.
This month, Florida will finish ridding its public pension fund of $1.3 billion in so-called terror stocks: shares of Royal Dutch Shell, Repsol, and other energy companies doing business in Sudan and Iran.
Arrow Energy Ltd., which plans a venture with Royal Dutch Shell Plc to produce liquefied natural gas from coal seams, rose as much as 11 percent to A$3.27, the highest in seven months.
Royal Dutch Shell PLC, operator of the Gulf’s biggest platform in terms of production, over the weekend said it wouldn’t redeploy all personnel evacuated from offshore facilities “because of the possibility that Hurricane Ike might enter the [Gulf of Mexico] next week and require another evacuation.”
Iraq’s Cabinet approved an initial gas agreement between the Oil Ministry and Royal Dutch Shell PLC to tap natural gas in southern Iraq.
NAM is the largest exploration and production company in the Netherlands and is owned by Royal Dutch Shell PLC and Exxon Mobil Corp.
The travails of BP and Shell in Russia today owe much to the fact that their joint-venture deals there were struck at a time of Russian desperation.
Others interested in Origins assets were thought to include Royal Dutch Shell and Chevron of the US.
Royal Dutch Shell The Iraqi Government said it had approved a preliminary natural gas deal between Royal Dutch Shell and the state-run South Oil Company.
She has kicked off with a populist yet idealistic campaign for cheaper fuel, funded by taxing the oil corporations: “Just three companies – BP, Centrica, and Shell – together made £1000 profit every second over the first 6 months of this year. These corporations are robbing from the poor to give to the rich and they know it. And it’s about time they learned that in a progressive democracy, there is no place for robber barons.”
Royal Dutch Shell evacuated workers from Gulf platforms or kept staff onshore who were moved from the path of Hurricane Gustav last month
Two major global energy companies are supporting and promoting Iran by sponsoring a conference being held in Tehran. Multi-National company Shell Oil, and Austrian based OMV, are sponsoring the event.