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Posts on ‘August 27th, 2006’

Moscow Times: Shell Rejects Environment Report: Monday, August 28, 2006.

Issue 3484. Page 5.
By Lucian Kim
Bloomberg

The Royal Dutch Shell-led Sakhalin Energy venture rejected a report that it had failed to respond to a list of environmental violations.

The company, which operates the Sakhalin-2 project, has provided the authorities with all the necessary information, Sakhalin Energy spokesman Ivan Chernyakhovsky said in a statement Friday. He was responding to an earlier report by Interfax that Sakhalin Energy had not responded in time to a 2005 violation of water pollution standards. 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: BP, Shell, Conoco pull Gulf workers due to storm

Sun Aug 27, 2006 2:59pm ET

HOUSTON, Aug 27 (Reuters) – Oil majors BP Plc. (BP.L: Quote, Profile, Research), Shell Oil Co. and ConocoPhillips (COP.N: Quote, Profile, Research) all said on Sunday they were pulling nonessential workers from U.S. Gulf of Mexico rigs and platforms in preparation for Hurricane Ernesto.

No company reported cuts in oil and natural gas production in the U.S. Gulf, which produces 25 percent of U.S. supply.

BP said 300 workers would be evacuated from deepwater drilling rigs and nonproducing platforms on Sunday. 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 Scotsman: Saudi Aramco to buy stake in Japan refiner

RIYADH (Reuters) – Saudi Aramco, the state-owned oil conglomerate, plans to buy up to 14.95 percent in Japan’s fifth-largest refiner Showa ShellSekiyu K.K. <5002.T>, the official Saudi Press Agency (SPA) reported on Saturday.

A spokesman for Saudi Aramco could not confirm the SPA report. Aramco already owns a 15 percent stake in Showa Shell.

SPA said the transfer of a 9.96 percent stake in Showa Shell, a Royal Dutch Shell affiliate , would be completed in August, subject to regulatory approval. 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.

Global Oil Scam: War, Disaster, Lower Living Standards Mean Mega Profits

July 2006

Bilderberg’s big oil boys come up trumps again while we pay through the nose.

This week has seen every major player in the oil industry announce record profits despite prices being at all time highs and production levels decreasing.

Surging oil prices helped drive quarterly profits for US energy giant ExxonMobil to 10.36 billion dollars, revenues have exceed $1bn a day, the first time in history for a US company. The second-quarter profit was up 36 percent from a year ago and approached the company’s all-time record profit of 10.71 billion dollars that was believed to be one of the biggest for any company. 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 Sunday Telegraph: Tillerson’s hand on Exxon’s tiller

EXTRACT: Unlike Royal Dutch Shell, which was hit three years ago by a scandal about its reserves accounting, Exxon has replaced more than it has produced for the past 12 years.

THE ARTICLE

(Filed: 27/08/2006)

Exxon’s Tillerson ‘disappointed’ by BP shutdown of Prudhoe field

The new head of the world’s largest quoted oil group is confident he can steer it to greater success, he tells Sylvia Pfeifer

advertisementIn the next few days, a station in the far east of Russia will begin pumping oil through a pipeline to an export terminal 140 miles away on the Tartar Strait. 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 Sunday Telegraph: Inexorable Exxon

EXTRACT: Meanwhile, Royal Dutch Shell, its London-quoted rival, has only just managed to emerge from a scandal over the accounting of its oil and gas reserves and BP is being probed over its own safety record in Alaska.

THE ARTICLE

The Sunday Telegraph: Inexorable Exxon

Tillerson’s hand on Exxon’s tiller

Its petrol stations are as familiar to most of us as branches of Starbucks or McDonald’s but the phenomenon that is ExxonMobil still remains a mystery.
 
Part of the reason is Exxon’s sheer scale. Last year the company surpassed General Electric to become the most valuable company in America by market capitalisation; it pumps almost twice as much oil and gas as Kuwait; it generated profits of $36.1bn (£19.2bn) last year – more than any US company in history – and has paid dividends continuously for more than 100 years. 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 Plain Dealer: Shell exec promotes new view of gas use

Saturday, August 26, 2006
John Funk
Plain Dealer Reporter

Shell Oil Co. wants you to become a conservationist.

The American division of the European-based oil giant Royal Dutch Shell is sending its president and top leadership team to 50 U.S. cities to help foster a “culture of conservation” – a change in your values about energy use at home, on the road and in the workplace.

But you don’t have to scrap your SUV – unless you don’t like paying so much to fill the tank. That would be the marketplace in action. 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.

Canadian Press: Oilpatch faces long list of multibillion-dollar decisions in next four months

12:45:42 EDT Aug 26, 2006
Canadian Press: JAMES STEVENSON

CALGARY (CP) – A wild pace to the final four months of 2006 is guaranteed in the Canadian oilpatch as an unprecedented list of multi-billion dollar projects from the Alberta oilsands to the North Sea face key milestones.

With the price of oil showing no signs of departing from near-record highs, nearly every major Canadian energy company is going flat out to complete expensive long-term new operations, acquisitions and strategic partnerships. 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 Observer: FTSE top 20 make £96k per worker

EXTRACT: Oil companies BP and Royal Dutch Shell, for example, both made around £200,000 per each member of staff. Shell employs 109,000 people and made pre-tax profits of £215,600 per individual.

THE ARTICLE

The Observer: FTSE top 20 make £96k per worker

But the average profit in each job conceals huge differences. British Gas heads the list with £445,200 a head. Tesco collects £7,000

James Robinson
Sunday August 27, 2006

The 20 largest quoted companies in the UK make an average of over £96,000 pre-tax profit per employee, according to research carried out by The Observer.
The figures, based on the latest available annual reports and publicly available data from Reuters, show a huge discrepancy in the amount each group makes per member of staff. 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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