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Posts on ‘February 21st, 2007’

RIA Novosti: Gazprom, Sakhalin Energy working to repair eco-damage on Sakhalin-II

21:39 | 21/ 02/ 2007 

MOSCOW, February 21 (RIA Novosti) — Gazprom [RTS: GAZP] and Sakhalin Energy, operator of the Sakhalin II oil and gas project off Russia’s Pacific Coast, are working to remedy environmental damage caused by the project, a Gazprom official said Wednesday.

The ambitious project, formerly led by Shell, was subjected to months of intense pressure last year from Russian authorities, who accused it of causing serious environmental damage to Sakhalin Island, including deforestation, toxic waste dumping and soil erosion. 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.

ZeeNews.com: Bangalore to become Shell`s 3rd technology hub

Bangalore, Feb 21: Shell, a chemicals major will have its third technology hub in Bangalore, focusing on cutting edge technology in energy by 2010, a top official said.

“We will have a research and development campus spread over 40 acres of land, hopefully by 2010. This will be Shell’s third technology centre besides the ones in the Netherlands and Houston,” Bob Firth, president Shell Technology India, said.

“Our application for land is already before the Karnataka Industrial Area Development Board (KIADB)”, he told reporters here today. 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: Shell gets US approval for offshore Arctic drilling

Wed Feb 21, 2007 12:39PM EST
By Robert Campbell

NEW YORK (Reuters) – U.S. regulators have approved Royal Dutch Shell Plc’s plan to drill up to four exploration wells in Arctic waters off the northern coast of Alaska this summer.

The Minerals Management Service, which manages federal offshore waters, approved the plans February 15 following an environmental impact study conducted by the MMS.

The exploration wells will test the multimillion-dollar bet Shell made on the area in 2005, when it snapped up the bulk of the offshore drilling rights offered by the MMS in its Beaufort Sea lease sale. 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 National Business Review: ComCom clears BOC’s Shell acquisition

NBR Staff

Gas supplier BOC Limited has been given the green light by the Commerce Commission to acquire Shell New Zealand’s LPG holdings – including its LPG business, and its shareholding in Liquigas Limited.

BOC is a wholly owned subsidiary of BOC New Zealand Holdings Limited.

BOC’s New Zealand business centres on delivering LPG cylinders and retailing LPG through its business division, Gas ‘n’ Gear, which operates a cylinder fill service.  

The acquisition does not include Shell’s LPG production and supply business or the service station arm of Shell’s current LPG activities. 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.

REGNUM: Russian energy ministry: Sakhalin natural liquefied gas will open way to Russia for Asian markets

Delivery of natural liquefied gas that will be produced in Sakhalin within frameworks of the Sakhalin 2 project are fully oriented towards exports and will help Russia strengthening its positions substantially in Asian-Pacific fuel markets, a source at the Russian Industry and Energy Ministry told a REGNUM correspondent commenting on preparatory works on produce of liquefied gas in Sakhalin.

The plant that will be producing liquefied gas has not been launched officially yet, but its construction is accomplished by more than 90%. Total amount of Sakhalin liquefied gas, supplies of which are to start in 2008, is contracted up to date. 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 ASAHI SHIMBUN (Japan): Despite the boom times, is Russia really ready to go it alone?

02/21/2007

BY IZURU YOKOMURA

ANGARSK, Russia–Oil has been good to this riverside city, nestled deep in the heart of southeast Siberia.

From humble beginnings just a little more than half a century ago, the city is now awash with oil rubles.

Construction is booming. A new glass-walled high-rise that houses Transneft, the state-run oil pipeline giant, glistens symbolically in the downtown area.

Within that building lies a force driving even further growth for the wider Irkutsk region: the Project Management Center (PMC) of the ambitious East Siberia-Pacific Ocean (ESPO) pipeline project. 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.

dnaIndia.com: BPCL to sell 49% stake in Bharat Shell

Wednesday, February 21, 2007  18:55 IST
 
NEW DELHI: Bharat Petroleum Corp Ltd (BPCL), India’s third biggest state-run refiner, on Wednesday said it will sell 49 per cent stake in Bharat Shell Ltd to partner Shell Overseas Investment BV, a unit of Royal Dutch Shell Plc.

“The Board of Directors of the company at its meeting on Wednesday has approved the proposal with regard to sale of 49 per cent of shareholdings held by BPCL in Bharat Shell to Shell Overseas BV,” BPCL said.

Shell in a statement said BPCL and Shell Overseas Investments BV have reached an agreement, subject to regulatory and government approvals for transfer of stake in
Bharat 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.

International Herald Tribune: EU cartel fines by company and industry

The Associated PressPublished: February 21, 2007
 
Under EU law, cartel practices can lead to fines of up to 10 percent of a participant’s global turnover — money goes into the EU budget and is deducted from national EU contributions. Cartel fines can be contested in the EU high court.

Some recipients of the largest EU cartel fines to date:

1) 2007: ThyssenKrupp AG – €479.7 million (about US$630.5 million)

2) 2001: Hoffmann-La Roche AG €462 million (US$607.3 million)

3) 2007: Siemens AG – €396.6 million (US$521.3 million) 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: Nigerian Militant Group Threatening to Wage `Full-Scale War’

By Julie Ziegler

Feb. 21 (Bloomberg) — The Movement for the Emancipation of the Niger Delta, or MEND, is preparing to widen its attack against the Nigerian government and oil companies, the group’s spokesman said.

“We understand we can never achieve a just peace without full-scale war against the Nigerian government and oil companies,” MEND spokesman Jomo Gbomo said in an e-mail statement. “We are in preparations for this eventuality and do not contemplate any dialogue based on the Nigerian government’s idea of justice.” 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 Times (Malaysia): Shell Global Solutions to boost local, regional talents

Kamarul Yunus,
Published: Feb 21, 2007

SHELL Global Solutions, a unit of oil giant Royal Dutch Shell Group, plans to boost its headcount in Malaysia to 500 by 2008 from 370 now, as it aims to nurture local and regional talents to lead its business teams in future.

Its regional operations manager for Asia Pacific (projects) Winfried Arens said over the long term, the company plans to implement business projects, with a majority of local and regional staff taking the lead.

“We have to find the right people with the right potential. Only then can they (local and regional staff) take on the next level of responsibility in the next three to five years,” he told Business Times in an interview. 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.

Asia Pulse: HOWARD SAYS HE WON’T GIVE GORGON ROYALTIES TO W. AUSTRALIA

EXTRACT: Gorgon partners – Chevron Corp, ExxonMobil and Shell – announced in 2003 they would build the project at a cost of $11 billion. They have not officially updated the figure but current speculation now puts the cost between $15 and $20 billion.

THE ARTICLE

PERTH, Feb 21 Asia Pulse – Prime Minister John Howard has ruled out giving royalties from the proposed multi-billion Gorgon gas project to Western Australia.

Federal Opposition Leader Kevin Rudd said today that if Labor were elected he would give WA $A100 million ($US78.47 million) a year in royalties from the planned project off the state’s northern coast. 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: Exxon cancels gas-to-liquids project in Qatar

By Ed Crooks in London
Published: February 21 2007 02:00 | Last updated: February 21 2007 02:00

ExxonMobil has scrapped plans for a multi-billion-dollar gas-to-liquids (GTL) project in Qatar that would have converted natural gas into fuel, lubricant and chemical feedstocks.

The cancellation is the biggest setback yet for GTL technology, which its backers hope will be an important source of road fuel and petrochemical products in the next decade. Exxon will instead join in a project developing gas for the domestic market in Qatar. 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.

People’s Daily Online: Shell Global to boost headcount in Malaysia (perhaps Shell whistleblower Dr John Huong may get his job back?)

Shell Global Solutions, a unit of oil giant Royal Dutch Shell Group, plans to boost its headcount in Malaysia in line with its efforts to nurture local and regional talents, local press reported Wednesday.

The company’s regional operations manager for Asia Pacific ( projects) Winfried Arens said the company aims to raise its staff in Malaysia to 500 persons by the year 2008 from the current 370.

The company hopes to enable local and regional staff to take the lead in business projects, Arens told the New Straits Times ( NST) in an interview. 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.

Rocky Mountain News: Shell wants camp for 600

By Gargi Chakrabarty
February 21, 2007

Energy behemoth Shell wants to build a temporary living quarters for 600 workers near its drilling site in Rio Blanco County as it dramatically ramps up oil shale operations on the Western Slope.

The company discussed its plans for the “man camp” at a community meeting on Tuesday in Meeker, attended by scores of residents. Shell will hold similar meetings in Rangely, Grand Junction and Rifle over the next couple of days.

The proposed camp, which needs county approval, would be next to the company’s existing temporary living quarters at its private Mahogany oil shale test site near Meeker, which currently has about 150 workers. 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.

PRNewsWire: Shell World’s Most Sustainable and Responsible Oil Company 2007 (*Absolute BS)

2007-02-21 09:06:37 –
MADRID, Spain, February 21 /PRNewswire/ —

– Total, Petrobras Big Winners; BP Drops After Baker Report

For the fourth consecutive year, Shell is the world’s best oil company in sustainability, social responsibility (CSR), corporate governance, ethics and transparency, according to the 4th annual oil/gas ranking by the sustainability research and rating firm Management & Excellence (M&E), Madrid.

The annual M&E ranking measures oil/gas companies’ compliance with 386 relevant international standards such as those of SEC, Sarbanes-Oxley, national laws, Dow Jones Sustainability Index, OECD, industry benchmarks, GRI, ILO, ISO, IUCN, reserves accounting, Global Compact, Millennium Goals, and others.
   
    Most Sustainable Oil Companies 2007 (compliance scores) 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.

AFX News Limited: Australia’s Woodside 2006 net profit up 29 pct at record 1.4 bln aud –

UPDATE
02.20.07, 9:51 PM ET

SYDNEY (XFN-ASIA) – Woodside Petroleum Ltd said its year to December 2006 net profit rose 29 pct year-on-year to a record 1.42 bln aud as it benefited from higher oil and gas prices and increased production.

Woodside, 34 pct-owned by the Royal Dutch Shell (nyse: RDSA – news – people ) Group, said net profit before one-off items rose 34.5 pct to 1.39 bln aud, beating analysts consensus estimate for 1.36 bln aud.

In afternoon trade, Woodside shares were up 0.59 aud or 1.59 pct at 37.76. 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 New York Times: Exxon to Abandon a Big Investment in Qatar

By CLIFFORD KRAUSS
Published: February 21, 2007

HOUSTON — Exxon Mobil announced on Tuesday that it would abandon one of its biggest investments ever, a project with Qatar’s state-run oil and gas company to produce clean-burning diesel from natural gas.

Instead, Exxon Mobil said that it could concentrate on a new gas drilling project in the emirate’s rich Barzan field, which is close to the site of the gas-to-liquid project. The Barzan project will initially produce 1.5 billion cubic feet of gas a day and eventually much more for the fast-growing Qatar domestic market in 2012. 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.

ThisDayOnline (Nigeria): UN, FG, Shell to Sign MoU on Ogoni Oil Fields

From Chika Amanze-Nwachuku in Lagos and Onyebuchi Ezigbo in Abuja, 02.21.2007
 
The Federal Government appears set to record a major break-through in its effort to broker a peace deal between the Ogoni people and the Anglo-Dutch oil production giant, Shell through a memorandum of understanding with the United Nations Environmental Programme (UNEP) to undertake the cleaning up of the environment damaged by oil exploration.

This is coming just as Shell Petroleum  stated that crude oil theft remains a key problem in the Niger Delta and raised concern over its effect on the economy and lives of people living in the area. The Royal Dutch company has however warned the perpetrators of the dastardly act to desist from it. 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: Rosneft and LUKoil in Running for Kharyaga

Wednesday, February 21, 2007. Issue 3601. Page 5.
By Anatoly Medetsky
Staff Writer

The government has begun looking for a Russian investor that would buy a total of 20 percent in the Arctic Kharyaga oil and gas field from France’s Total and Norway’s Hydro, a senior Cabinet official said.

Total operates the project under a production sharing agreement that stipulates an option for a Russian company to buy 10 percent from both of the foreign participants. The government approved LUKoil as a potential buyer in 2001, but the deal never happened. 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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