ABUJA, Sept 18 (Reuters) – Nigerian militants said on Thursday they had attacked another Royal Dutch Shell-operated crude oil pipeline as part of their “oil war” against the oil sector and military.
Posts on ‘September 18th, 2008’
The most prominent militant group in southern Nigeria — the Movement for the Emancipation of the Niger Delta (MEND) — said Thursday it had destroyed a major oil pipeline belonging to Royal Dutch Shell.
The oil companies named in the report were Chevron, Shell Oil, Hess Corp and Gary Williams Energy Corp.
Shell to move ship for repairs RTÉ News: 18 September 2008 17:10 Shell Ireland has announced that the ship which was intended be used in laying the controversial Corrib gas offshore pipeline is to be moved from Killybegs in Donegal to a port in the UK for repair work. Equipment on board the Solitaire was accidently [...]
Shell ship to be moved from Irish waters Thursday, 18 September 2008 A ship that’s the focus of a hunger strike by a Shell to Sea campaigner is to be moved from Irish waters, it was confirmed this afternoon. Shell confirmed that the Solitaire would leave for the UK this evening. The vessel was brought [...]
Investors woke up to the systemic risk to property rights and the lack of any rule of law in Russia. They did so belatedly, we’d add, considering the attempted or successful expropriation of Yukos, BP and Shell assets and the blatant use of state resources to menace private business.
Crude Oil Drops as Credit Market Turmoil May Slow Fuel Demand By Christian Schmollinger Sept. 18 (Bloomberg) — Crude oil declined in New York, paring yesterday’s $6-a-barrel jump, on concern the fallout from the global credit crunch may lead to an economic slowdown, limiting fuel demand. U.S. fuel demand the past four weeks was down [...]
Nigerian militants threatened on Wednesday to attack deepwater oil vessels belonging to Royal Dutch Shell and Chevron, raising fears that this weeks upsurge in fighting in the Niger Delta could put multi-billion dollar investments at risk.
LAGOS, Nigeria Fighting between militant groups and the Nigerian military in the oil-rich Niger Delta on Wednesday entered a fifth day in the regions worst violence in two years, raising fears of an escalation in the unrest that has plagued the area.
NEW YORK, Sept 17 (Reuters) – Shell Oil said on Wednesday its 220,000 barrel per day joint-venture Motiva oil refinery in Norco, Louisiana, would reach normal rates by the end of the day.
Shell and BP have been warned by investors that their involvement in unconventional energy production such as Canada’s oil sands could turn out to be the industry’s equivalent of the sub-prime lending that poisoned the banking sector and triggered the current financial crisis.