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Posts on ‘November 25th, 2006’

MercuryNews.com: Amid crimped supply, oil industry denies price manipulation

Posted on Sat, Nov. 25, 2006
JEFF DONN
Associated Press

BAKERSFIELD, Calif. – You’d think it was Texas. Dusty roads course the scrubland toward oil tanks and warehouses. Beefy men talk oil over burritos at lunch. Like grazing herds, oil wells dip nonstop amid the tumbleweed – or even into the asphalt of a parking lot.

That’s why the rumor sounded so wrong here in California’s lower San Joaquin Valley, where petroleum has gushed up more riches than the whole gold rush. Why would Shell Oil Co. simply close its Bakersfield refinery? Why scrap a profit maker? 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.

Shell to Sea: RTE breach their opinion poll guidelines and fail to publish a key poll finding

Shell to Sea Statement

Shell to Sea deplores the selective and biased account in yesterday’s Irish Independent of the RedC opinion poll. Irish Independent: Pipeline: the people’s verdict

There is an inaccurate and disgraceful manipulation of the opinion poll findings. This represents a new low in media misrepresentation of the issues. It appears that RTE has breached its own guidelines on conducting opinion polls.

Particular care must be taken when joint polls with other organisations are planned. If for example the costs of a poll are shared with a newspaper, programme makers must be aware that the same constraints of impartiality do not apply to newspapers as apply to RTE and that the high-lighting of particular data in the newspapers may reflect on the impartiality of RTE … Programme-makers must be wary of the possibility of data from polling and its interpretation being used in a partisan or propagandist way (RTE Guidelines) 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 Times: Moving testament to a lost fighter: Ken Saro-Wiwa

November 25, 2006

A battlebus will take the memory of Ken Saro-Wiwa, the environmental campaigner, on the road, says Luke Richards 
 
Forging memorials to the great and the dead has probably never been harder. Few figures are without controversy and, as the debacle over Trafalgar Square’s fourth plinth has suggested, figurative art is not as popular as it once was, and most people would rather duck the problem of choosing candidates anyway. Even when a candidate can be found, a celebration in abstract sculpture isn’t always satisfactory, as the Princess of Wales Memorial Foundation has shown. 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 Guardian: The good, the bad … and the secretive

EXTRACTS: The Royal Mail scheme’s top 30 shareholdings include a number of companies that have been criticised by environmental and human rights groups. They include… BP and Shell… criticised by environmentalists for looking for more oil and gas while boasting of their commitment to renewable energy.

The BBC’s pension scheme, with almost 60,000 members, did not fare brilliantly on transparency either …the scheme’s biggest shareholdings include much-criticised companies such as BP and Shell… 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 Independent: Indians spark bid battle for Premier Oil

EXTRACT: Dana Petroleum has also been seen as a potential predator, while Shell was also previously rumoured to be running the slide rule over Premier. A bidding war may also ignite interest in other independent oil companies, such as Cairn Energy and Soco International.

THE ARTICLE

By: James Daley
Published: Nov 25, 2006

The prospects of a bidding war for Premier Oil increased yesterday, as it emerged that India’s state-run petroleum exploration company, Oil & Natural Gas Corp (ONGC), is considering tabling an offer for the London-listed 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.

Financial Times: Unfashionable megacaps await change in fortunes

EXTRACT: THE ARTICLE: BP and Royal Dutch Shell have been hit by lower oil prices, concerns over the future of their Russian operations and (in BP’s case) a series of problems in the US.

By Christopher Brown-Humes: Published: November 25 2006 02:00 | Last updated: November 25 2006 02:00

When it comes to investing in the UK stock market, big is definitely not beautiful. Mid-cap stocks have been outperforming the large-cap stocks for a long time. But even within the large caps there is a discrepancy; the real underperformers have been companies at the very top of the FTSE 100, megacaps such as BP, GlaxoSmithKline and HSBC. 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: Shell faces fresh Venezuelan tax bill

By Mark Odell

Published: November 25 2006 02:00 | Last updated: November 25 2006 02:00: Venezuelan tax authorities have hit Royal Dutch Shell with a $17.7m (£9.3m) tax bill.

The claim is thought to cover 2005 after the company settled a $13m tax bill for the 2001 to 2004 period earlier this year but Shell was unable to confirm the exact nature of the latest charge.

“The tax department is currently studying the claim but it is to early to comment,” Shell said last night.

The tax bill comesagainst a backdrop of increasing pressure on international oil companies by the left-wing nationalist government of president Hugo Chávez. 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 Wall Street Journal: Oil News Roundup: November 24, 2006 1:33 p.m.

THE WALL STREET JOURNAL ONLINE
November 24, 2006 1:33 p.m.

Crude-oil futures rose Friday, joining a broader rally in commodities markets as a major rout of the dollar and deadly car bomb attacks in Iraq combined to create a safe-haven bid. Crude for January delivery was up 54 cents to $59.78 a barrel in electronic trading. The New York Mercantile Exchange was closed Friday for an extended Thanksgiving holiday, so the contract could only trade electronically. Here is Friday’s roundup of oil and energy news: 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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