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April 17th, 2006:

Daily Independent (Nigeria): Shell Laments Blockade To Ogoni Spill Sites

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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Financial Information Service (Novosibirsk Russia): Japan Starts Building Gas Tanker for Sakhalin-2

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.

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.

New Europe: Gazprom holds LNG talks with Mitsubishi

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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THE NEW YORK TIMES: Oil Up Near $70 as Funds Flow in, Iran Rumbles On

Oil Up Near $70 as Funds Flow in, Iran Rumbles On

By REUTERS Published: April 17, 2006

Filed at 3:52 a.m. ET

Skip to next paragraph Reuters

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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BBC Monitoring Service: Nigeria: Ogoni rights group accuses oil giant Shell of breaching peace talks

Nigeria: Ogoni rights group accuses oil giant Shell of breaching peace talks
BBC Monitoring Service – United Kingdom; Apr 17, 2006


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Text of report by Kelvin Ebiri entitled “Mosop warns Shell” published by Nigerian newspaper The Guardian website on 16 April read more

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The Times: An energy industry sapped of manpower

The Times April 17, 2006

An energy industry sapped of manpower

By Carl Mortished

A staffing crisis is crippling the oil and gas sector

AN ACUTE shortage of skills in the oil and gas industry has become a crisis, a problem as serious as the shortage of rigs and equipment and one that is forcing companies to absorb huge salary increases to keep projects running.

The dearth of qualified professionals — reservoir engineers, geophysicists and project designers — is so acute that oil and gas projects are being delayed, putting at risk expectations of future production and delivery of fuel.

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Alarm bells are ringing in the United States, where contractors working on major liquefied natural gas (LNG) projects are complaining of labour and equipment shortages. According to Wood Mackenzie, a six-month delay to all the LNG projects under construction would leave the US with a potential gas shortfall of two billion cubic feet per day in the winter of 2008-09.

“The industry is in a people crisis,” said Dennis Proctor, chief executive of Hunting, a British oil services company that sells drilling and well technology to leading oil companies. “I have seen salaries double in a year.” read more

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THe Times: BP set to pay record price for drillship

BP set to pay record price for drillship

By Carl Mortished

BP HAS agreed to pay more than $500,000 a day to secure the continued use of a drillship in the Gulf of Mexico. The price, a record rate for an oceangoing rig, shows how rapidly oil exploration costs are rising as the search for new fields hots up.

From December next year, BP will pay a day rate of $520,000 (£297,000) to charter the Discoverer Enterprise, almost three times more than it pays at present for the use of the ship.

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The surge in price reflects a desperation among oil explorers to retain control of scarce resources, essential if the companies are to meet their own oil production targets. A shortage of drilling rigs is delaying exploration programmes in the North Sea while a surge in drilling activity in the Middle East is driving up the costs offshore of Texas and Louisiana as the newly rich state-owned oil companies of the Gulf compete with US multinationals for the latest technology.

Shortages in labour and equipment are causing concern that the scheduling of major projects will be affected and badly needed additions to global hydrocarbon output will be delayed, further increasing the upward pressure on oil and gas prices. 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.