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Posts on ‘February 11th, 2007’

New York Times: Darfur: Death by Dollars

By Nick Kristof

So is your Fidelity account underwriting genocide in Sudan? Is your pension fund helping finance the janjaweed militias that throw babies into bonfires in Darfur and Chad?

The answer to both questions is complicated but may be yes, and that’s one reason a divestment campaign is gaining strength around America and abroad. Six states (including California) have already begun divesting from companies active in Sudan, and legislation is pending in 23 more states, including New York.

More than 30 universities, beginning with Harvard in 2005, have sold certain Sudan-related investments. Five cities have divested, and New York is considering doing so. A bill before Congress would bar certain companies active in Sudan from receiving federal contracts. 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: Bolivia: nationalise this

Monday 12 February 2007

It seems that whenever things start going badly for Evo Morales, he nationalises something. So it was again last Friday when the Bolivian president announced the state was taking back control of Vinto, a tin smelter owned by Swiss company Glencore.

It was an extravagant way of covering up what had been a terrible week, marked by an extraordinary U-turn on a plan to raise mining taxes. After two days of protests in La Paz, Mr Morales agreed to freeze taxes paid by mining co-operatives. Those protests followed a weekend in which Mr Morales had used troops against demonstrators in southern Bolivia demanding a more radical nationalisation of the gas sector. 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 Moscow Times: TNK-BP Gets Deadline to Fix Kovykta Fields

Monday, February 12, 2007. Issue 3594. Page 7.

The Associated Press

The subsoil agency has given TNK-BP three months to fix licensing violations at its giant Kovykta natural gas development or risk losing the license to develop the field, environmental regulator Oleg Mitvol said Friday.

Observers say intense regulatory pressure on Shell’s Sakhalin-2 project led to the company selling a controlling stake to gas monopoly Gazprom, and suggest Kovykta could be next as the Kremlin seeks to expand its control over key energy projects.

Officials have threatened to revoke the license due to underproduction at the field. The joint venture, TNK-BP, has maintained that the local area needs only a fraction of the 9 billion cubic meters of gas it was obliged to produce last year under the original development license, which was drawn up in the 1990s. 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 Province (Canada): WESTERN OIL SANDS: Company sale eyed

CALGARY — Western Oil Sands shares rose more than three per cent Friday following news the company might be put up for sale.  

The oilsands producer, which has a 20-per-cent minority stake in the Shell Canada controlled Athabasca Oil Sands Project, has been searching for other “downstream integration” strategies since last summer. – CP

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: Rossport Support Demonstration, February 16th

Activists from Dublin will be among the people from many parts of the country who will join in the large scale Shell to Sea demonstration of support in Mayo on Friday morning next, February 16th.

A bus will be leaving from Dublin at 6PM on Thursday 15th. The bus will be returning to Dublin on Friday afternoon/evening. The price for the return trip is €30. To book a place please call 0876181620. Places on the bus are limited so please book as quickly as you can.

Independent travellers are of course welcome, but if you are not travelling as part of a group, please call the people in Mayo to let them know you are coming: 097 20944. 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.

Do you have grounds to sue Shell? Have you, your firm or family been cheated or injured by Shell?

If the answer to any of the above questions is yes, then you may find this article by John Donovan to be of interest…

The first difficulty faced by potential litigants considering suing Shell, is finding a law firm with the required resources which does not have a conflict of interest and is willing to confront an opponent quite literally prepared to stop at nothing. 

In this connection we may be able to assist by providing introductions at law firms with a track record of winning cases against Shell, who may in some cases, be willing to work on a contingency fee basis. 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.

Times of Oman: Survey finds solid evidence of Arabian leopards in Musandam

EXTRACT: Shell Oman Marketing adopts a sustainable development strategy that is based on three Ps — People, Planet and Profits. Under planet, Shell Oman focuses on various environmental aspects. 
 
Times News Service
Sunday, February 11, 2007
 
MUSCAT— The Shell Oman co-sponsored biosphere expeditions survey, looking for evidence of the endangered Arabian Leopard, has found conclusive evidence of the big cat in Oman’s Musandam region.

Biosphere expeditions, an award-winning, non-profit wildlife-conservation organisation is on the second leg of its survey of the Musandam region in collaboration with the office of the adviser for conservation of the environment, Diwan of Royal Court. 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.

Gulf Times: Qatar to meet chunk of global gas demand

Published: Sunday, 11 February, 2007, 10:02 AM Doha Time 
By Pratap John

EVEN as the global demand for liquefied natural gas is estimated to touch about 420mn tons by 2015, Qatar is boosting its LNG production to meet a large chunk of the need by investing about $50bn in new facilities under Qatargas and RasGas.

“Qatargas itself is now establishing four trains and these will be brought online by 2010. At that stage, Qatargas, the state’s first LNG producer, will clock an annual production capacity of 42mn tonnes and help Qatar’s production to be ramped up to 77mn tons,” Qatargas chairman and CEO Faisal M al-Suwaidi said in an interview with Gulf Times yesterday. 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 Today (India); Gas Gets Going

EXTRACT: …multinationals like BG and Shell have sought a monopoly regime in the marketing segment for a few initial years to ensure viability of their businesses.

Balaji Chandramouli, Business Today (India)
Published: Feb 11, 2007

Early this month, the government decided to rush through a gas pipeline policy, ahead of the soon-to-be-born regulator. Rushed, for the regulator is well empowered to do the same. But the urgency is understandable-domestic gas finds in the last five years, estimated at 20 trillion cubic feet, need to reach the market through pipelines that will criss-cross the country. Says petroleum secretary M.S. Srinivasan: “Exploration companies need to recover their investments by selling gas to consumers.” Consumers, too, are hungry for gas, with supply at a mere half of the prevailing demand. Pipelines, therefore, are a critical infrastructure to meet the energy demand. 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.

TradeArabia News Service: Shell award to focus on child obesity

Posted: Sunday, February 11, 2007  
Hussain Al Mahmoudi 
Dubai

Shell plans to leverage the Better Environment Award (BEA) 2007 platform to generate greater awareness about the problem of child obesity in the UAE.

The 12th edition of the BEA, the UAE’s foremost initiative aimed at addressing and raising awareness of environmental issues, also focuses on several other pertinent issues afflicting society, in addition to child obesity.

Recent statistics released by the UAE Ministry of Health reveal that 26 per cent of children in the country are obese. 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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