Shell Laments Blockade To Ogoni Spill Sites
By Odudu Okpongete
Senior Correspondent,
Port Harcourt
Oil multinational, Shell, has lamented inability to access its facilities located in Ogoniland, Rivers State, to clean up the March 24, 2006 spill in its Bomu Well-2, claiming that its workers on inspection were attacked by community youths.
The company also denied allegations that it ordered the manhandling of two youths of Ban-Ogoi, who reportedly escorted foreign journalists and human rights activists to a controversial power plant site constructed by it as alleged by the Movement for the Survival of the Ogoni People (MOSOP). read more
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17.04.06 Japan Starts Building Gas Tanker for Sakhalin-2 |
VLADIVOSTOK, April 17. /FIS/. The ceremony dedicated to the startup of the construction of the first gas tanker by joint order of Sovkomflot and Japan's vessel owner NYK was held in Nagasaki. The ice-class tanker of the deadweight of 71.2 thousand tons will be named 'Grand Elena.'
The ship is intended for the transportation of liquefied natural gas (LNG) from the oil and gas terminal currently constructed in Aniva Bay (southern extremity of Sakhalin) under Sakhalin-2 project. Startup of Russian LNG transportation is to begin in 2008.
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Gazprom CEO Alexei Miller discussed current liquefied natural gas (LNG) supplies and new LNG projects with Yorihiko Kojima, the CEO of Mitsubishi Corp., last Tuesday, Gazprom said.
The two discussed Mitsubishi’s proposals on cooperation to implement oil and gas projects in Russia, including the Shtokman gas condensate field and the Baltic LNG project.
Mitsubishi is a party to the Sakhalin-2 LNG project, which calls for the construction of Russia’s first and the world’s biggest LNG plant. Gazprom is negotiating a role in the Sakhalin-2 project with Royal Dutch Shell. read more
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Oil Up Near $70 as Funds Flow in, Iran Rumbles On

By REUTERS
Published: April 17, 2006
Filed at 3:52 a.m. ET
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SINGAPORE (Reuters) – Oil leapt to $70 a barrel for the first time in seven and a half months on Monday, extending strong gains made last week as tension mounted between Iran and the West over Tehran's nuclear ambitions.
U.S. May crude (CLc1) oil futures traded 53 cents up at $69.85 a barrel by 0742 GMT, having hit $70 earlier, its highest since Hurricane Katrina battered the U.S. Gulf Coast in late August last year to send U.S. prices to a record-high of read more
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