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May 27th, 2008:

Nigeria: The Risk Premium

He had to be careful when he spoke to the press. According to the list, he wasn’t supposed to mention the client, Shell (“They are very sensitive about the situation and want to have absolute control over any mention of the company on this deal”).

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Dudley ‘to walk away from TNK-BP’

Robert Dudley, the chief executive of BP's Russian venture, TNK-BP, may soon leave his post due to disagreements between the company's Russian and British shareholders, according to reports.

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Shell raises Saudi gas project stake to 50 pct

RIYADH, May 27 (Reuters) - Royal Dutch Shell (RDSa.L: Quote, Profile, Research) has raised to 50 from 40 percent its stake in a project to explore for gas in Saudi Arabia's vast Empty Quarter after French Total (TOTF.PA: Quote, Profile, Research) pulled out of the joint-venture.

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Shell repairs damage to cars from gasoline mixed with water

SEATTLE -- Shell Oil Co. says it's paying to repair cars damaged by gasoline contaminated with water in the Seattle area.

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Shell sees end of ‘easy oil’ era

"The challenges are huge. We've now got 30,000 technologists in Shell alone trying to find new ways to get oil and gas," Mr Smith revealed.

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Is Invading Venezuela a Good Way Out of an Oil Crisis?

.....The obvious place to invade is Venezuela. Since the 1.8 trillion barrels of Venezuelan oil deposits consist largely of the Orinoco tar sands, a Venezuelan oil-related invasion would impose an additional requirement: to keep the environmentalists away, in order that reserves could be exploited with maximum efficiency.........

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Supply concern holds oil above $133 a barrel

VIENNA, Austria—Oil held steady above $133 a barrel Tuesday on worries about global petroleum supplies and the outlook for the U.S. dollar. Reports of an attack by militants on an oil pipeline in Nigeria...

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Nigeria: MEND Attacks Shell Facility

THE Movement for the Emancipation of the Niger Delta (MEND) yesterday attacked a major trunk pipeline belonging to Shell at Awoba flow station in Degema Local Government Area of Rivers State.

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Shell Says Nigerian Changes May Deter Investment (Update1)

Governments are seeking more money from oil companies as crude prices have surged to a record and exploration for resources has heated up. Shell ceded a stake in the $22 billion Sakhalin-2 offshore oil and gas project in Russia to Gazprom last year after Russian regulators threatened to shut it down for environmental violations.

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Rosneft, Gazprom agree on splitting offshore

Gazprom is developing the huge Shtokman gas field in the Barents Sea and controls the Sakhalin-2 project offshore the Pacific island of the same name.

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Rockefellers Seek Change at Exxon

The resolutions ask Exxon to take the threat of global warming more seriously and look for alternatives to spewing greenhouse gases into the air.

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We Shareholders Want Good Value

Companies failing to address environmental concerns will damage their profitability in the long term.

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For All the Ecological Concern, Economy Drives Energy Use

The U.S. is at a "tipping point," with people beginning to factor energy use into everyday decisions, says Lee Schipper, who has studied energy consumption for decades, earlier for Royal Dutch Shell PLc...

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Nigerian rebels sabotage Shell oil pipeline

Nigerian militants yesterday said they had sabotaged an oil pipeline belonging to Royal Dutch Shell, the latest in a string of attacks that have helped drive oil prices to record highs.

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EU backs mandate for talks

Russia should loosen its grip on its oil and gas pipelines and give European Union investors more protection ...

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Exxon investors propose ban on green activism

It could be the nuclear option to silence rebellious investors. A libertarian activist has hit back at ExxonMobil's environmental critics by tabling a resolution that would outlaw shareholder social activism. Exxon has stopped short of endorsing the action fund's ban on shareholder activism, but the oil company wants the rules tightened to make it harder for investors to speak up at its meetings.

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Crisis talks on global food prices

World leaders are to meet next week for urgent talks aimed at preventing tens of millions of the world's poor dying of hunger as a result of soaring food prices. The world's urban poor have been hit hardest, sending a wave of unrest and instability around the world.

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Oil crisis triggers fevered scramble for the world’s seabed

A fevered scramble for control of the world's seabed is going on - mostly in secret - at a little known office of the United Nations in New York.

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Cheap oil is history. But why?

The stampede in the oil market is making billions of dollars for a lucky few and leading others to wonder whether the world is finally starting to run dry. Until recently, the notion that international production was about to reach its limits – the so-called “peak oil” theory – was the preserve of cranks and crackpots.

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George Soros: rocketing oil price is a bubble

Speculators are largely responsible for driving crude prices to their peaks in recent weeks and the record oil price now looks like a bubble, George Soros has warned.

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Sulphur price soars on fertiliser demand

“Shell is one of the most-efficient producers of sulphur,” Barry Clarke, a sulphur market analyst for Pentasul, said. Shell produces about 3.5 million tonnes of sulphur, much of it from its Canadian oil sands business, and its cost, Mr Clarke reckons, is merely the rail freight cost of getting the sulphur to a port, about $25 a tonne.

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UBS meltdown continues: Shell CFO Peter Voser is a director of the crisis hit Swiss bank

UBS is expecting more losses from its property exposure as the bank’s troubles widen beyond the United States to mortgage business in other countries.

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Brown under fire on fuel as Nigeria attack lifts oil price

Although there was a dip from the record high of $135 a barrel at the start of last week, yesterday's sabotage of a Royal Dutch Shell pipeline in the Niger Delta by an anti-government group pushed prices back up beyond $133.

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Shell Says Nigerian Oil Charges May Erode Investor Confidence

May 27 (Bloomberg) -- Royal Dutch Shell Plc's Nigeria venture said proposed changes by the government to retroactively amend production agreements may deter investment in the nation.

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Crude Oil Rises Above $133 on Nigeria Attacks, Asian Subsidies

May 27 (Bloomberg) -- Crude oil rose above $133 a barrel in New York as a militant attack in Nigeria disrupted supplies and on speculation fuel subsidies in Asian countries will continue to spur demand.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.