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January 6th, 2007:

Gulf Times (Qatar): Investors remain divided on morality of global oil majors

Published: Saturday, 6 January, 2007, 09:57 AM Doha Time
 
LONDON: Oil majors are courting multitrillion-dollar socially responsible investment (SRI) funds but they face continuing scepticism from investors.

SRI funds have grown to $3.6tn, according to industry body Eurosif, prompting firms including BP Plc to hire SRI advisers to woo ethical funds.

Those efforts have helped oil majors win inclusion in ethical share indexes, but analysts say that means investors may be buying into companies of which they do not approve. “Members of the public purchasing these things should be aware of what the criteria (funds use to screen companies) are and take a proper judgement,” said Stephen Hine, head of international marketing at EIRIS, an organisation founded by charities to investigate companies’ environmental and social policies. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Edmonton Journal: Is it time for the wise investor to cut and run?

EXTRACT: Moscow’s recent mugging of Royal Dutch Shell and ExxonMobil will trigger an investment chill by Big Oil…

THE ARTICLE

Dismal start to 2007 may not be the template for tomorrow 
Gary Lamphier
Saturday, January 06, 2007
 
Is the party over? I doubt it. But after sustaining hefty losses this week, investors have every reason to wonder whether the commodity-driven, four-year-old TSX bull market cycle is history.

With energy, gold and metal prices in retreat for much of the first week of 2007, Toronto’s S&P/TSX Composite Index shed 430 points or 3.3 per cent, including 75 points Friday. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Itar-Tass: Sakhalin taimen salmon on brink of extinction, scientists warn

06.01.2007, 12.23
 
TOKYO, January 6 (Itar-Tass) – Sakhalin taimen salmon, a fish inhabiting in the Russian Far East and on Japan’s northernmost Hokkaido island has proved on the brink of extinction, study results published in Tokyo on Saturday suggest.

An international team of scientists, including from Russia and the Oregon salmon research centre conducted the study that shows that the population of this already rare fish in its main habitats in Russia had deceased by 98 percent over the past three-four decades. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Los Angeles Times: A TIMES INVESTIGATION: Dark cloud over good works of Gates Foundation

The world’s largest philanthropy pours money into investments that are hurting many of the people its grants aim to help.

(*A further indictment of Royal Dutch Shell *comment added by ShellNews.net)

By Charles Piller, Edmund Sanders and Robyn Dixon
Times Staff Writers
Published January 7, 2007

First of two parts

Ebocha, Nigeria – Justice Eta, 14 months old, held out his tiny thumb.

An ink spot certified that he had been immunized against polio and measles, thanks to a vaccination drive supported by the Bill & Melinda Gates Foundation. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

ShellNews.net: The Sakhalin II controversy continues

By John Donovan

The following postings have been made on our “Live Chat Forum” in response to our article: – ShellNews.net: The inside story of Shell’s Sakhalin II debacle

Guest 1622: Shame on you Donovans! You really should check out your facts and sources before you publish such diatribe as your article that you foolishly purport to be label the insider story on Sakhalin. You have no clue what you are talking about which only serves to further worsen the already sad stature of this very pathetic and misguided website read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Petroleum News: BP, Conoco, Chevron join Exxon in Point Thomson lawsuit against State of Alaska

Week of January 07, 2007

Three other Point Thomson working interest owners have joined unit operator ExxonMobil in filing lawsuits appealing the State of Alaska’s decision to terminate the eastern North Slope oil and gas unit.

BP, Chevron and ConocoPhillips on Dec. 22, 26 and 28, respectively, filed separate but similar lawsuits to Exxon’s in Alaska Superior Court.

Exxon filed its suit on Dec. 22 (see the Dec. 31 issue of Petroleum News), asking the court for a complete reversal of a Nov. 27 decision by the commissioner of the Alaska Department of Natural Resources to terminate the Point Thomson unit and its leases. As an alternative to a reversal Exxon asked the court to “remand the matter to the commissioner with instructions to make a new and different decision.” read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Houston Chronicle: Shell units to close for maintenance

Royal Dutch Shell is shutting down 20 units at a Deer Park refinery for scheduled maintenance.

It will take three weeks to finish idling all of the units, according to a filing with Texas environmental regulators. The plant is owned by Shell and Mexico’s state oil company, Pemex. The refinery, which can process 340,000 barrels of crude a day, will operate at about 20 percent of capacity during the maintenance work, Shell spokesman David McKinney said. The work will be completed in mid-February. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil & Gas Journal: Shell Brazil declares BS-4 commercial

Peter Howard Wertheim
OGJ Correspondent

RIO DE JANEIRO, Jan. 4 — Royal Dutch Shell PLC issued a declaration of commerciality with Brazil’s National Petroleum and Biofuels Agency for its BS-4 exploration area in the northern sector of the Santos basin off Sao Paulo. The area is a remnant of the Zero round in 1998.

Shell Brazil SA is operator of the block with a 40% stake, while Brazil’s state-run Petroleo Brasileiro SA (Petrobras) and Chevron Corp. hold the remaining interests.

Exploration activity at BS-4 confirmed discovery of two distinct areas. The results indicate a reservoir containing 1.6 billion boe in place in 1,800 m of water (OGJ Online, Aug. 22, 2002). read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Times: Energy groups suffer amid fears of crackdown by EU

January 06, 2007
Joe Bolger
Large caps 
 
Fears of a European Union-sponsored crackdown on sprawling energy conglomerates dragged utility and energy groups lower, as weaker oil prices weighed on large-cap stocks.

Neelie Kroes, the European Competition Commissioner, is set to report next week on the Commission’s inquiry into the energy industry. It is thought that the Commission has unearthed examples of collusion and market failure, raising concerns that big energy groups could be forced to divest assets to appease regulators. 
 
The report is expected to call for a break-up of integrated energy companies, where the supply of energy and the distribution networks are managed by the same company. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

THE WALL STREET JOURNAL ONLINE: Oil News Roundup: January 5, 2007 5:22 p.m.

Crude-oil futures mounted a late rally and ended above $56 a barrel Friday after dipping below $55, partially reversing the worst two-day selloff since December 2004.

Here is Friday’s roundup of oil and energy news:

* * *
PUSH FOR PERMANENT DRILLING BAN: Opponents of oil drilling in an Alaskan wildlife refuge are going on offense after playing defense for a quarter of a century. They want the new Democratic Congress to make an oft-challenged drilling ban permanent. Legislation introduced in the House would make the oil-rich 1.2 million-acre coastal strip of the Arctic National Wildlife Refuge a permanently protected wilderness and end repeated efforts to open the area east of the Prudhoe oil field to energy companies. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.