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Posts on ‘August 21st, 2006’

Reuters: Oil rises as Iran vows to pursue atomic work

EXTRACT: Royal Dutch Shell, Nigeria’s largest foreign oil producer, is losing a total of 495 000 barrels of oil equivalent per day of output it operates in Nigeria, largely due to militant attacks on installations.

THE ARTICLE

August 21, 2006, 21:15

Oil rose to almost $72 a barrel as Iran vowed to pursue its nuclear programme, inviting possible sanctions against the world’s fourth largest oil exporter.

Iran had said it would respond formally by tomorrow to Western incentives to halt nuclear enrichment. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Business Day (Johannesburg): Shell to Site ‘Super’ Centre in Cape Town

August 21, 2006
Posted to the web August 21, 2006

Stephen Gunnion
Johannesburg

ROYAL Dutch Shell plans to locate one of its global super customer service centres (super-CSCs) in Cape Town, in a vote of confidence in the local economy, the group said at the weekend.

The centre will be one of a handful globally and will provide customer services and credit management support to business customers of its oil products in France and the Netherlands.

Shell is one of several companies looking at locating their call centres in SA due to its central time zone, low costs and stable labour force. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

fool.com: Royal Dutch Shell Goes to School in Search of Profits

By Jack Uldrich
August 21, 2006

Royal Dutch Shell (NYSE: RDS-A) is now working with researchers from the Stochastic Systems Group at MIT’s Laboratory for Information and Decision Systems to learn better ways to discover oil.

Now, if you think words like “stochastic” seem complex, you need to understand that the work the group is doing in designing new mathematical procedures is even more difficult to comprehend. But these procedures (actually, they’re algorithms) are important, because they can be used to quickly analyze complex images. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Reuters: Ten Nigeria militants die in botched hostage release

21 Aug 2006 18:42:18 GMT
By Segun Owen

YENAGOA, Nigeria, Aug 21 (Reuters) – Up to 10 Nigerian militants involved in the release of a hostage were killed in a shootout with troops when they ran into a military convoy in the oil-producing Niger Delta, authorities said on Monday.

The gunfight broke out on Sunday night when the militants, having taken possession of the captive employee of Royal Dutch Shell, ran into a heavily armed convoy escorting supplies to an oilfield in the Brass Creek area of Bayelsa state. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Financial Times: Oil delta operations spur escalation fears in Nigeria

EXTRACT: On Sunday, a military patrol intercepted a militant boat in the southern delta as it prepared to release a Nigerian hostage – a Royal Dutch Shell employee who is now missing. The Movement for the Emancipation of the Niger Delta (Mend), which has claimed responsibility for this year’s attacks on facilities, said 10 militants were killed in the ensuing gun battle. Security sources said at least one soldier was also killed.

THE ARTICLE

By Dino Mahtani in Lagos

Published: August 21 2006 19:36 | Last updated: August 21 2006 19:36 read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

News24.com: 10 militants killed in gunfight

21/08/2006 16:35  – (SA)   

Lagos – A Nigerian militant group said 10 of its fighters were killed in an attempt to release a hostage employed by Royal Dutch Shell in the southern state of Bayelsa.

The movement for the emancipation of the Niger Delta said in an email that a gunfight between militants and soldiers erupted on Sunday night after militants went to help release the Shell worker, a Nigerian, who was abducted on August 8.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

businessworld.ie: Shell seeks E5m Bellanaboy tenders

Monday, August 21 10:44:47

(BizWorld)

Shell is seeking tenders from local businesses for E5m worth of services and work at its Bellanaboy terminal site.

The firm said today that advertisements seeking expressions of interest for site services and sub-contractor work at the terminal will be published in local newspapers over the next few weeks.

It also said that other “significant” work opportunities for local businesses will be announced over the coming weeks.
  
Terry Nolan, Deputy Managing Director of Shell Ireland said: “One of the main concerns expressed by the people of Erris was that the project was not delivering enough tangible local benefits. We listened to what the community was telling us and worked in conjunction with the primary site contractor Roadbridge Ltd. to identify services and work that could be made open to tender to local businesses.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Irish Examiner: Shell seeks tenders for Corrib project

21/08/2006 – 11:15:20

Shell E&P Ireland, on behalf of the Corrib Gas Partners, today announced that they are seeking “expressions of interest” from local businesses to tender for services and work worth €5m required at the Bellanaboy Bridge terminal.

Advertisements seeking expressions of interest for site services and sub-contractor work at the Bellanaboy Bridge terminal will be published in local newspapers over the next few weeks.

Shell is still facing fierce opposition in the Mayo area over its plans to construct a gas pipeline there.
read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Power & Interest News Reports: ”The Arctic and Future Energy Resources”

EXTRACT:  With 45 billion barrels of offshore oil, Sakhalin Island is another key to Russia’s future wealth. In conjunction with Gazprom, Russia has contracted Royal Dutch Shell, BP and ExxonMobil to manage the Sakhalin II project that requires building a complete production facility in an area with extreme conditions and little or no preexisting energy infrastructure. Costs for this program, considered “a vanguard project for all of Russia” and maybe the most ambitious energy recovery plan to date, have already exceeded $20 billion. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Aspen Times: Colorado Attorney General discusses drug busts, Tasers

EXTRACT: He said he is securing monetary damages from the U.S. Army and Shell Oil regarding activities at the Rocky Mountain Arsenal.

THE ARTICLE

By Joel Stonington
Aspen Times Staff Writer
August 21, 2006

Colorado Attorney General John W. Suthers took a break from campaigning recently to address issues close to Aspenites’ hearts: drug busts and Taser use.

“We need to make sure officers are properly trained,” Suthers said while in Aspen last week. “If there is no danger to the officer, then you don’t need to use a Taser.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Financial Express (India): How global demand adjusted to oil prices

EXTRACT: Some hundred years ago, Sir Marcus Samuel, founder of the Shell Transport & Trading Company, British half of the later Royal Dutch Shell, quizzed by a statutory committee investigating allegations of price gouging, responded, “price of oil, gentlemen, is what the market can bear.”

THE ARTICLE

Growth in demand for oil has been contained in those non-OECD countries which have raised administered prices of petroleum products

By Saumitra Chaudhuri

It is just two years and some months back that crude prices crossed the $40 per barrel (/bbl) mark. A perceptive industry analyst (Purvin Barrow, July 2004) had focused on the two ‘engines’ of demand growth—the US and Chinese transportation sectors—and the severe supply side squeeze with spare Opec capacity dropping sharply and inadequate new asset creation by oil companies in the environment of low oil prices characterising the second half of the previous decade. The conclusion was that if everything came out wrong—the ‘train wreck’ scenario, crude prices would rise to nearly $90/bbl in 2006 and gradually fall over the next few years. The moderate picture of ‘controlled’ shortfalls would see prices rise steadily to $55/bbl by 2006, with the up trend continuing to $60/bbl in 2007. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Bloomberg: Shipowners face ‘spiralling’ crew costs as LNG trade booms

August 21 2006

LONDON: Owners of ships carrying liquefied natural gas (LNG) will have to accept “spiralling” salaries because their fleets are expanding faster than available crews, according to the Oslo-based shipbroker Lorentzen & Stemoco AS.

The global fleet will reach 354 ships by 2010, from 207 now, requiring another 4,000 crew members, according to the report.

“As shipowners attempt to lure officers away from their present employers, spiralling wages are definitely on the LNG shipping agenda,” said the recent report. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

ShellNews.net: Shell General Counsel Richard Wiseman: Practising what you preach

EXTRACT: Our interpretation was that far from being “unmoved” by our activities, as Mr Wiseman claimed in one of his amusing emails to us, in fact certain members of Shell management collectively suffer from diarrhoea in reaction to our initiatives, to put it tactfully.

THE ARTICLE 

By John Donovan

I was interested to read on the Internet a recent article in Legal Week magazine (published below) headlined “Practising what you preach”. The author is Richard Wiseman, the General Counsel of Shell International Petroleum Company Limited. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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