I can confirm that a massive hydrotest failure did occur last week causing massive environmental damage and another project delay. Nobody is allowed to talk about it and Craig is out to kill anybody to leaks this news, so I will keep my head down.
May 2nd, 2008:
SAKHALIN II: Allegation Craig out to kill anybody who leaks news of massive environmental damage
Iran says it did not give Total and Shell an ultimatum regarding South Pars gas field
Iranian Oil Minister Gholam Hossein Nozari said Iran did not give Total and Shell an ultimatum regarding the South Pars gas field.
Chevron 1Q profit rises 10 percent on higher oil prices
SAN RAMON, Calif. (AP) Coming off four straight years of record earnings, Chevron Corp. cashed in on soaring oil prices to begin 2008 with the most profitable first quarter in its history.
Nigeria: Court Stops Shell From Terminating Company’s Contract
The order was sequel to an ex-parte motion filed for the firm by one Mr. Seni Adio of the law firm of Copley and Partners, accusing Shell of some underhand dealing...
Article by former Royal Dutch Shell executive Paddy Briggs: Shell pulls out of Wind Farm project
"...as a commentator on brand and reputation management I find Shells mismatch between rhetoric and reality a continuing and monstrous disgrace."
Its not the most elegant phrase to use but it seems appropriate come on Shell Cut the crap.
Brief fuel price protest at Shell UK refinery
LONDON, May 2 (Reuters) - About 50 people briefly blocked access to Royal Dutch Shell's 245,000 barrel per day Stanlow refinery in Wales on Thursday night in protest against high fuel prices, the company said.
Woodside Says High Oil Prices Helping Fund Pluto LNG
Woodside still expects to borrow some funds to finance the A$12 billion ($11.3 billion) project, either through banks or the bond market, Chief Financial OfficerMark Chatterji said in an interview. He declined to say when the company, 34 percent owned by Royal Dutch Shell Plc, may sell bonds.
Shell Says in Talks to Export Iraqi Gas Via Turkey
Shell and Turkiye Petrolleri are working on a memorandum of understanding on the project, to be run by the Turkish Energy Ministry, said Canan Ediboglu, Shell's country chairwoman in Turkey. She said the agreement may be completed ``very soon.''
Shell completes transfer of Dunlin cluster to Fairfield
OIL giant Shell yesterday announced the completion of the transfer of ownership of the Dunlin cluster of fields in the northern North Sea, only a week after revealing plans to axe up to 300 jobs at its Aberdeen offices.
Shell Quits Wind Venture
Neither Shell nor any of the partners would comment on possible buyers for Shell's stake.
Oil Giant Pulls out of U.K. Wind Farm
Royal Dutch Shell said it is pulling out of the London Array, whichif it ever gets builtwill be one of the worlds largest wind farms. Shell says it will put its one-third stake in the $4 billion project up for sale, part of its regular review of investments. Shells departure leaves the other two partners, Germanys E.On and Denmarks DONG, holding the bag on an increasingly expensive and complex project.
Exxon’s $10.89 Billion Net Disappoints Investors, Fuels Gathering Political Storm
Exxon Mobil Corp.'s $10.89 billion first-quarter profit report Thursday ranks as one of the biggest hauls in U.S. corporate history. But the results disappointed Wall Street and added to concerns about the future of the industry.
Utilities, Plug-In Cars: Near Collision?
The plug-ins are a new generation of hybrid cars that can run 10 to 40 miles on electric batteries before they have to tap their gasoline engines. This gives them, on a tank of gas, a driving range of as much as 600 miles without recharges to potentially thousands of miles with recharges.
Shell pulls out of UK offshore wind farm
The UK government said the London Array was likely to go ahead without Shell's participation.
Wind farm ambitions dealt a blow
Shell's surprise decision to pull out of the world's biggest planned offshore wind farm, the 341-turbine London Array in the Thames Estuary, has thrown into doubt Britain's attractiveness as a site for offshore wind farms.
Who’s who in the UK alternative fuel sector
BP The biggest company to plan investment in ethanol production in Britain, BP surprised many last year with its joint venture to build a large wheat ethanol plant. Royal Dutch Shell, its leading rival, has largely steered clear of "first generation" biofuels such as wheat and corn-based ethanol.
Crude tumbles towards $112 in broad retreat
Shell is still repairing a pipeline after attacks by militants that have forced the company to shut 164,000b/d of crude production.
Exxon oil production struggles for growth
ExxonMobil , long regarded by its peers and investors as the most successful interational oil company, is beginning to show signs of weakness, revealing on Thursday that it is struggling to increase oil production and to squeeze profit out of its refining business.
Obama May Levy $15 Billion Tax on Oil Company Profit
Democratic presidential candidate Barack Obama's proposal for a windfall profits tax on oil companies could cost $15 billion a year at last year's profit levels, a campaign adviser said. The plan would target profit from the biggest oil companies by taxing each barrel of oil costing more than $80, according to a fact sheet on the proposal.
‘Dishonest, irresponsible’: Shell lambasted for pulling out of world’s biggest wind farm
"Mere days after reporting first-quarter profits of £4bn, Shell has shown its true colours in what can only be described as a PR disaster for the company, and further proof that its media-friendly 'greenspeak' is both dishonest and irresponsible."
Shell accused of leaving renewable project ‘high and dry’
The announcement was made days after Shell revealed it had earned $7.7bn profit in the first quarter of 2008. In its annual $27bn investment programme, renewable energy is barely visible. The Environment Secretary Hilary Benn called the decision "very disappointing. A lot of people would want to understand why this was the case... in a week in which the company announced record profits".
Shell disappoints with wind farm withdrawal
Royal Dutch Shell's shock decision to withdraw from the London Array wind farm may have wasted plenty of time and money, but it has certainly dealt a significant blow to the UK's ambitions to meet emissions reduction targets. To have united the diverse interests of the Government, energy firms and the green lobby, is no small feat. But Shell achieved that yesterday.
Reciprocity and Russias Integration into the World Economy
Our retail operations continue to be an excellent investment for us, and when I recently met with President Vladimir Putin, he told me that our retail sites in Moscow pay more tax than all their competitors combined. In fact, the president clearly knew as much about BPs business in Russia as I did; I stopped being surprised by his attention to detail some time ago.
ExxonMobil disappoints with $11.7bn profit
Exxon's year-on-year first-quarter profit increase of 17 per cent was less than that reported by key rivals Royal Dutch Shell and BP, which recorded gains of 25 per cent and 63 per cent respectively this week.
Analysis: Blowing in the wind
In typical elephantine fashion, Shell poked its head through the window of the Government's green tuck-shop, sniffed at the range of renewable goods on offer and is now trying clumsily to back out, pulling the window off its hinges in the process.