Internships… via Shell
THE Shell Technology Enterprise Programme (Step) gives 1,000 ambitious students a chance to boost their CV with business skills earned on eight-week placements at selected small and medium sized enterprises (SMEs). This is not about working for Shell, the oil company.Interns collaborate on projects in R&D, business processes and systems, marketing and manufacturing. Completed projects are outlined in a 1,000-word report and entered into a competition to find the Step “most enterprising student” of the year. Previous winners of the title and £1,000 prize include a University of Warwick student who patented a cellophane bag that automatically cleans water for the firm with which he was placed.
Students must be in the second or penultimate year of a full-time degree in any discipline at a UK university. Interns are placed regionally and earn £185 a week (tax exempt). There is no travel allowance.
Apply by June 16 at www.step.org.uk.
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The Independent: Shell's Technology Enterprise Programme: One big Step for studentkind
Shell's Technology Enterprise Programme offers the best-paid holiday jobs ever.
By James Morrison
Published: 25 May 2006
For many undergraduates, holiday jobs are spent surgically attached to headsets in sweaty call-centres, or stifling yawns through night shifts at service stations. The idea of being paid £185 a week, tax free, to enhance your career prospects by putting your degree subject to practical use in the workplace simply doesn't compute. read more shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Oil News Roundup
The WALL STREET JOURNAL ONLINE
May 25, 2006Volatile crude-oil futures plunged by nearly $2 to settle at less than $70 a barrel on the New York Mercantile Exchange, battered by speculators and a U.S. government report of rising inventories of gasoline and other distillates. Here is today’s roundup of news about oil and energy.
* * *
UNREST IN INDIA: Protests by hundreds of contract workers for Oil India Limited, India’s state-owned oil company, disrupted production in oil-rich Assam State. The workers, agitating for higher pay and benefits, set three oil pits ablaze after battling with police earlier in the week. Assam accounts for about 5 million tons of India’s 30-million-ton annual crude-oil production.
AIMING HIGHER: Morgan Stanley analyst Douglas Terreson raised his forecast for the average price of WTI crude oil in 2006 to $65 a barrel from $57.50. He raised his projected 2007 price to $60 a barrel from $55. He also boosted his estimate of U.S. refining margins, lifting profit forecasts for major oil companies in the quarters to come. “We are buyers of the integrated oil stocks,” he wrote. read more shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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are owned by John Donovan. There is also a Wikipedia feature.
Oil News Roundup
The WALL STREET JOURNAL ONLINE
May 25, 2006Volatile crude-oil futures plunged by nearly $2 to settle at less than $70 a barrel on the New York Mercantile Exchange, battered by speculators and a U.S. government report of rising inventories of gasoline and other distillates. Here is today’s roundup of news about oil and energy.
* * *
UNREST IN INDIA: Protests by hundreds of contract workers for Oil India Limited, India’s state-owned oil company, disrupted production in oil-rich Assam State. The workers, agitating for higher pay and benefits, set three oil pits ablaze after battling with police earlier in the week. Assam accounts for about 5 million tons of India’s 30-million-ton annual crude-oil production.
AIMING HIGHER: Morgan Stanley analyst Douglas Terreson raised his forecast for the average price of WTI crude oil in 2006 to $65 a barrel from $57.50. He raised his projected 2007 price to $60 a barrel from $55. He also boosted his estimate of U.S. refining margins, lifting profit forecasts for major oil companies in the quarters to come. “We are buyers of the integrated oil stocks,” he wrote. read more shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Fortune: The Oil Market: SLICK OPERATORS How hedge funds, traders, and Big Oil are really driving gas prices.
NELSON D. SCHWARTZ; JON BIRGERREPORTER ASSOCIATE Doris Burke
3921 words
29 May 2006
U.S. Edition
72
English
© 2006 Time Incorporated. Provided by ProQuest Information and Learning. All Rights Reserved.
On a sunny May day in an office park in the Surrey countryside outside London, a Ferrari-driving hedge fund manager named Aref Karim is scooping up contracts to buy oil in July for $75 a barrel, $3 more than it's currently selling for. His company, QCM, has garnered more than $125 million in fresh cash since the beginning of the year, and he's itching to keep it at work. A few hundred miles to the south in Paris, on the trading floor of Societe Generale Asset Management, Arnaud Chretien's team of Ph.D.s and engineers operates in near silence, with powerful computers buying and selling commodities according to preset algorithms, taking advantage of swift movements in everything from heating oil and gasoline to zinc and copper. “It's quiet because we try to think,” says Chretien, a dapper 41-year-old who sports an Hermes watch and resembles a younger, Gallic Kurt Russell. read more shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Oil News Roundup
The WALL STREET JOURNAL ONLINE
May 24, 2006Crude-oil futures surged by more than $1 to settle north of $71 a barrel on the New York Mercantile Exchange, driven partly by worries about another robust hurricane season in the Gulf of Mexico. Here is today’s roundup of news about oil and energy.
* * *
BIG OIL UNDER ATTACK: Even longtime supporters of the oil industry are turning more critical of giant firms’ record profits. Amid these attacks, Big Oil is launching its most vigorous political offensive since the 1970s, but its current political woes go deeper than the recent surge in pump prices.
CHINA LETS GAS PRICES RISE: Just as it is starting to let its yuan trade with the slightest bit of extra freedom against the dollar, China is also loosening up its price controls on gasoline and diesel fuel. Beijing’s second price increase in two months will allow a 10% gain in the price of gas and an 11% gain in diesel, effective tomorrow. But those won’t likely be enough to quell demand or inspire the adoption of conservation measures, experts say, meaning China will probably keep putting upward pressure on global fuel prices for some time to come. On the bright side, China’s refiners will get a little more money for their efforts. read more shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Creaky Machinery
Under Attack, Big Oil Finds
Reserves of Clout Running Low
Giants Cut Back U.S. Lobbying
As Action Shifted Abroad;
New Bid to Play Catch-Up
How Rep. Barton Turned Critic
By BRODY MULLINS and RUSSELL GOLD
May 24, 2006; Page A1Rep. Joe Barton should be Big Oil’s biggest friend in Congress. The Republican chairman of the House Energy and Commerce Committee hails from a booming corner of the Texas energy patch. An engineer by training, he spent years working for a large integrated oil company, Atlantic Richfield Co. Since 2000, no House lawmaker has received more campaign contributions from oil and gas companies than Mr. Barton.
But in recent months, Mr. Barton has become a vocal industry critic. He struck from last summer’s energy bill a measure that would have relieved the companies of liability for pollution caused by a gasoline additive. He started an investigation into record profits. Earlier this month, he sent a letter to the top U.S.-based executive of BP PLC, which now owns the company that once employed him, demanding that the company spend more of its profits to expand refining capacity in the U.S. The same day he sent another letter to Exxon Mobil Corp. blasting the compensation and pension package for recently departed CEO Lee Raymond. Mr. Raymond received a lump-sum pension payment of nearly $100 million. read more shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Shell Declines to Pay Nigeria Damages Pending Appeal |
By Gilbert da Costa
Abuja |
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An oil installation belonging to Shell Petroleum Development Company in Odidi, Niger Delta area of Nigeria, Feb. 2006 |
Multinational oil company Shell, is set to defy a Nigerian court-ordered deadline to pay $1.5 billion in compensation damages to local communities in the Niger Delta. Shell’s decision not to pay the damages pending an appeal is likely to incense militants who have attacked oil-and-gas facilities in the past six months.
Shell says it will wait for a decision on its appeal before considering a court order to pay $1.5 billion in compensation damages to ethnic-Ijaw communities in the Niger Delta. read more shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Shell seeks to invest in $2.4bn China refinery
Published: Wednesday, 24 May, 2006, 10:23 AM Doha Time
BEIJING: Royal Dutch Shell Plc, Europe’s second-largest oil company, said it’s in talks about investing in a 19.3bn-yuan ($2.4bn) oil refinery being built by China National Offshore Oil Corp in southern China.
Shell wants to invest in the refinery to integrate the facility with an adjacent $4.3bn chemical joint venture with China National Offshore, Lim Haw Kuang, chairman of Shell’s companies in China, said at Daya Bay in Nanhai, an area in the southern province of Guangdong. read more shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Shell appointed technological partner for Extremadura refinery (La refineria de Extremadura 'ficha' a Shell como aliado tecnologico del proyecto) |
Expansion; May 23, 2006 |
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In Spain, shareholders in an oil refinery in the Spanish autonomous region of Extremadura approve a rights issue and formed the board of directors of the company responsible for the project, Refineria Balboa. Spanish entrepreneur Alfonso Gallardo has a 47 per cent stake in the firm, while Sociedad de Fomento Industrial de Extremadura has a 20 per cent stake. The remaining 33 per cent is owned by leading Spanish electricity group Iberdrola and leading Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) and savings bank Caja Madrid (10 per cent each) and Corporacion Empresarial de Caja Extremadura (3 per cent). read more shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Shell to Sea says poll findings support its campaign |
Lorna Siggins, Marine Correspondent
Irish Times; May 23, 200 |
Political and business interests advocating progress on the current plans for Corrib Shell gas project are in the “minority” as a result of yesterday’s Irish Times /tns mrbi opinion poll findings, the Shell to Sea campaign has said.
The poll’s findings on the Corrib gas onshore pipeline give “the lie” to the claim that opponents of the high pressure onshore pipeline are in the minority, Dr Mark Garavan, Shell to Sea campaign spokesman, said yesterday. Shell E&P Ireland said it was “pleased that the majority of those surveyed want the Corrib project to go ahead”.
The poll conducted by The Irish Times / tns mrbi nationally early last week focused on the pipeline, rather than the entire project. It asked if the pipeline should go ahead on its current planned route, should be re-routed or should be scrapped. Only 20 per cent felt it should proceed on its planned route through Rossport to the onshore terminal at Bellanaboy in north Mayo; 44 per cent said it should take a different route, while 17 per cent said it should be scrapped. Dr Garavan said that in Connacht, “63 per cent support a reconfiguring of the project”.
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Shell pledges to cooperate with Nigeria efforts to end row with Ogoniland |
AFX Europe (Focus); May 23, 2006 |
LAGOS (AFX) – Royal Dutch Shell has pledged to cooperate with a government’s peace initiative to resolve its age-long row with Nigeria’s troubled Ogoniland.
Community unrest forced Shell to quit Ogoniland, where it had many oil wells, in 1993. Shell is Nigeria’s major operator, accounting for around half of the west African country’s daily output of 2.6 mln barrels.
President Olusegun Obasanjo last year set up a panel to reconcile Shell and the community.
“As a party to the reconciliation process, we commit to play our part to ensure the success of the peace initiative and as Mr President put it, ‘lay the foundation for genuine reconciliation in Ogoniland’,” Shell said in a statement here.
The Ogoni people, through the Movement for the Survival of Ogoni People (MOSOP), have been seeking local control of Nigeria’s oil wealth as well as compensation for exploration activities in their region.
Ogoniland is at the heart of the Niger Delta, home to Nigeria’s multi-billion-dollar oil and gas industry. The region is also the centre of ethnic and militant unrest as a result of environmental neglect and degradation.
[email protected]
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COPYRIGHT Copyright AFX News Limited 2005.
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