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January 23rd, 2012:

MOSOP may permit oil exploration in Ogoniland

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Shell, which until 1993 was the major oil producing company in Ogoni, was forced to leave the area following widespread protest spearheaded by MOSOP over alleged human and environmental rights abuses.

Wednesday, 18 January 2012 00:00 Kelvin Ebiri, Port Harcourt

HOPE for resumption of oil and gas exploration in Ogoni, has been rekindled by the new leadership of the Movement for the Survival of the Ogoni People (MOSOP).

MOSOP Interim Chairman and Secretary, Professor Ben Naanen and Meshach Karanwi, said the new leadership would promote the sustainable and equitable exploration of the natural resources of Ogoni for the benefit of Ogoni people. read more

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Can Big Oil Repeat Its Big Year?

JANUARY 23, 2012

By LIAM DENNING

Even today, $1.67 trillion is a lot of money. That is the amount wiped off the combined market capitalization of the top 50 energy companies between the end of 2007 and the end of 2011. Breaking it down offers big clues on Big Oil’s prospects for 2012.

Every year, PFC Energy, a Washington, D.C.-based consultancy, ranks the top 50 listed energy companies in the world by market value. The latest, due Monday, has a surprise. The biggest gainers in 2011 were the dinosaurs of oil and gas: the supermajors. Their collective value increased by 8%, compared with a 7% decline for the PFC Energy 50 overall. It is only the second time they have led the field in the ranking’s 13-year history. read more

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.

Shell puts extra €90m into Irish subsidiary

The Irish Times – Monday, January 23, 2012

GORDON DEEGAN

OIL AND GAS multinational Shell has injected €90 million into its Irish subsidiary to deal with the spiralling costs of the Corrib gas field project.

Documents filed with the Companies’ Registration Office show that the global group has pumped the extra money into Shell Ireland.

The Irish company confirmed yesterday that the 5km onshore gas pipeline to bring gas from the offshore Corrib field to the market will not be complete until the second half of 2014.

The Corrib gas partners, Shell, Statoil and Canadian-owned Vermillion are now nine years behind the initial target to start generating revenues from the field. read more

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.

Gazprom and Shell successfully developing cooperation


Royal Dutch Shell CEO Peter Voser (left) and Gazprom Chairman, Alexey Miller

Sunday, 22 Jan 2012

The Gazprom headquarters hosted a working meeting between Mr Alexey Miller Chairman of the Company Management Committee and Mr Peter Voser Chief Executive Officer of Royal Dutch Shell.

The parties discussed the issues of bilateral cooperation as part of the Sakhalin II project.

They also addressed the joint efforts of Gazprom and Shell within the Protocol on Strategic Global Cooperation and highlighted the companies’ success in the global energy market. read more

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.