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ROYAL Dutch Shell is seeking tenders for up to 70 boats, hovercraft, landing craft and small ships to strengthen crew transport operations in its oil fields in Nigeria as it also seeks to boost security in the region. read more
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Oil News Roundup
The WALL STREET JOURNAL ONLINEMay 17, 2006
Crude-oil prices recovered on Tuesday from a steep decline, approaching $70 a barrel on the New York Mercantile Exchange. Here is today's well of news about oil and energy.
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ECUADOR DENIES NATIONALIZATION URGE: A day after kicking California's Occidental Petroleum out of the country, Ecuador's government said it had no interest in following in the footsteps of Venezuela and Bolivia and nationalizing its energy industry. Latin America's No. 5 oil producer Monday seized Occidental's assets, raising market fears that a regional nationalization trend begun by Venezuela's Hugo Chavez was continuing. Energy Minister Ivan Rodriguez denied any such desire on the government's part. But the Occidental dispute has been encouraged by leftists in the country, who Tuesday cheered the company's ouster and said nationalization was the next logical step. Occidental shares fell more than 2% today. 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.
AGM protests
Shell's critics come back with a vengeance
Campaigners queue up to attack oil group's 'hypocrisy'
Terry Macalister Wednesday May 17, 2006 The Guardian
The young man in the checked yellow shirt, khaki shorts and climbing boots stood out from the army of grey-haired and smartly dressed pensioners who made up the bulk of the Shell investors. But his message to the oil company at its annual meeting yesterday – that it was “astonishingly hypocritical” – was far from unique.
A procession of speakers took the podium in The Hague and via video link in London to berate the chief executive, Jeroen van der Veer, for what they saw as his failure to live up to his promises.
“You said, Mr van der Veer, that you take care of biodiversity. Perhaps that is in the way tat the mafia 'takes care' of its enemies: gets rid of them,” said the yellow-shirted Mark Brown, from the campaign group Rising Tide.
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
shell2004.com
are owned by John Donovan. There is also a Wikipedia feature.
Royal Dutch Shell, the Anglo-Dutch oil and gas giant, assured shareholders at its annual meeting in The Hague that its Sakhalin-2 gas project in Russia’s Far East remains on course with its revised schedule and budget.
Xstrata, the mining group, boosted its copper division after agreeing to buy the Tintaya mine in Peru from BHP Billiton, its Anglo-Australian rival, in a deal worth up to $860 million (£456 million).
Peter Hambro and Pavel Maslovsky, executive directors and controlling shareholders of Peter Hambro Mining, waived their right to a share of a $15 million one-off bonus relating to the Pioneer gold project.
Northern Petroleum, which is listed on the AIM, has raised £20 million through a placement to fund further exploration work in the Netherlands.
Shares in Sibir Energy fell after the London-based company admitted that its attempt to regain a half-share of a Russian oilfield from Gazprom through court action in the British Virgin Islands had failed.
shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by John Donovan. There is also a Wikipedia feature.
Energy
• Royal Dutch Shell hired 1,800 mid-career professionals last year and plans to complete 50 major energy projects by 2009, the company's chief executive officer said.
shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by John Donovan. There is also a Wikipedia feature.
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