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September 27th, 2007:

Bloomberg: Shell India LNG Terminal to Receive September, October Cargoes

By Dinakar Sethuraman

Sept. 27 (Bloomberg) — Royal Dutch Shell Plc’s liquefied natural gas import terminal in India may receive at least three cargoes of the fuel this month and next, according to transmissions from ships captured by AISLive on Bloomberg.

Simaisma, owned by Greece’s Anangel Shipping Enterprises SA, reached the Hazira terminal on India’s west coast yesterday and Seri Angkasa, owned by Malaysia’s MISC Bhd., will reach the terminal on Oct. 21. Nigeria LNG Ltd.’s Bayelsa tanker reached the 2.5 million metric tons-a-year import terminal on Sept. 19, according to the data. 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.

STATEMENT BY ROYAL DUTCH SHELL PLC: Tatneft and Shell to develop strategic partnership

27 Sep 2007 

On September 27, 2007 JSC Tatneft (Tatneft) and Shell Exploration Company (RF) B.V. (Shell) concluded Agreement on Principles of Strategic Partnership. The agreement was signed by General Director of Tatneft Shafagat F. Takhautdinov and Shell Country Chairman in Russia Chris Finlayson in the presence of R.N. Minnikhanov, Prime Minister of Tatarstan and Chairman of the Board of Directors of Tatneft. 

Under the terms of the agreement, the two companies will devise a program for heavy oil development in Tatarstan. They will conduct a feasibility study and assess technologies for extraction and processing (upgrading) of heavy oil, which is part of existing exploration and production licenses held by Tatneft. 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.

Derek Brower: Crude realities

A new film, “A Crude Awakening”, leaves out too many inconvenient truths

By Derek Brower, journalist

OIL IS a finite resource, so the more of it the world’s energy companies extract, the less will remain. On that, everyone agrees. One day, we will reach the mathematical peak of the world’s reserves. When that day will be – or if it has already passed – is a question that continues to divide opinion.

“A Crude Awakening” claims to be a documentary about Peak Oil, as the theory is known, and follows the success of Al Gore’s “An Inconvenient Truth” (2006), another movie for the green generation. In “A Crude Awakening” investigation and exposition of the facts are both casualties of the rhetoric, which seeks to tell us one big thing: the world has reached peak oil and civilization as we know it is about to end. The remaining 83 minutes want to scare viewers into accepting the dark prophecy. 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.

Reuters: Shell signs heavy oil deal with Russia’s Tatneft

Thu Sep 27, 2007 2:26 PM BST

MOSCOW, Sept 27 (Reuters) – Royal Dutch Shell and Tatneft signed on Thursday a deal which can strengthen the oil major’s position in Russia’s energy sector and help Tatneft tap hard-to-extract oil.

Under the agreement, the two companies will jointly develop vast heavy bitumen oil deposits in the Volga region of Tatarstan, the home-base of Tatneft.

“(The companies) will conduct a feasibility study and assess technologies for extraction and processing (upgrading) of heavy oil, which is part of existing exploration and production licenses held by Tatneft,” the companies said in a statement. 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.

fool.com: Shelling Out for More Refinement

By David Lee Smith September 26, 2007

It appears that Netherlands-based Royal Dutch Shell (NYSE: RDS-A) (NYSE: RDS-B) is about to become more refined. And it has to venture to Port Arthur, Texas, to do so.

Shell and its Saudi Aramco partner, the principals in Motiva Enterprises, which owns a Port Arthur refinery with a current 275,000 barrels-per-day capacity, will spend about $7 billion and three years to expand the facility to a capacity near 600,000 bpd. This will make the facility the U.S.’s largest, besting ExxonMobil’s (NYSE: XOM) 557,000 bpd Baytown, Texas, unit. 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.

MarketWatch: Shell signs deal with Tatneft on Russian tar sands project

By Benoit Faucon
Last Update: 8:19 AM ET Sep 27, 2007

LONDON (MarketWatch) — Royal Dutch Shell PLC (RDSB.LN) Thursday signed a deal with OAO Tatneft, Russia’s sixth-largest oil producer by volume, to develop a major tar sands project in Tatarstan, its home region, and paved the way for other potential projects.

The deal follows an alliance signed by Shell in July with Russian state-controlled oil company OAO Rosneft for oil and gas production and refining in Russia and abroad.

Under the agreement setting the principles of a strategic partnership, the two companies will devise a program for heavy oil development in Tatarstan, Shell said. 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.

Malaysia: Judiciary and corruption (For obvious reasons the legal jurisdiction of choice for Shell)

Introduction by Alfred & John Donovan

We recently published an article about the corruption crisis in the Malaysian judiciary.

CORRUPTION CRISIS IN MALAYSIAN JUDICIARY IMPACTS ON SHELL LITIGATION

We pointed out why EIGHT Royal Shell companies preferred to prosecute its defamation action against Dr Huong in Malaysia even though the alleged libellous comments posted on our website were posted by us, not by him.

The plain fact is that in Malaysia justice is available to the highest bidder and since Shell has considerably deeper pockets than Dr Huong, it will win the case even though Shell submitted false facts and has known this since July 2004 and that Dr Huong is completely innocent. 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.

Asia Pulse: WOODSIDE PETROLEUM’S AFRICAN PORTFOLIO FACING CHOP

MELBOURNE, Sept 27 Asia Pulse – Woodside Petroleum Ltd’s (ASX:WPL) existing African portfolio is facing the chop after the oil and gas producer decided to sell its troubled Mauritania assets to Malaysian-government owned group Petroliam Nasional Berhad.

The oil and gas producer said the $US418 million ($A477.52 million) sale would include all of Woodside’s onshore and offshore producing, development and exploration interests in the African country.

Woodside’s $1 billion Chinguetti project in Mauritania has been a constant thorn in the side for the company since it began production early last year. 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.

Lloyds List: Construction problems set to postpone Sakhalin oil

Martyn Wingrove, Lloyds List
Published: Sep 27, 2007

OIL and gas exports from the new terminals on Sakhalin Island will not begin until well into the first half of next year due to construction and commissioning delays on Russia’s largest offshore project.

The Gazprom-led Sakhalin Energy Investment company continues to build and commission the oil and gas pipelines that run along the length of the east Russian island, but construction has been more complex than anticipated.

The consortium, which includes Shell, Mitsui and Mitsubishi, has installed two new platforms and built two export terminals and offshore pipelines as part of the Sakhalin II project. 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.

Financial Times: Kazakh legislators push new oilfield contract

By Isabel Gorst and Ed Crooks in London
Published: September 27 2007 03:00 | Last updated: September 27 2007 03:00

Lawmakers in Kazakhstan have approved a bill to empower the state to annul natural resource contracts, strengthening the oil-rich Central Asian republic’s hand in its dispute with foreign oil groups led by Eni of Italy at the Kashagan field in the Caspian Sea.

The Majilis, Kazakhstan’s parliament, yesterday voted unanimously for an amendment to the natural resource law to allow the government to cancel or introduce retrospective changes to contracts perceived to harm the national economic interest. 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.

Financial Times: Chevron moves to spend $15bn on its own shares

By Ed Crooks in London
Published: September 27 2007 03:00 | Last updated: September 27 2007 03:00

Chevron, the second-largest US oil company, is to spend $15bn on its own shares within the next three years, extending a $5bn-a-year programme that began in 2005.

The move reflects big oil companies’ difficulties in finding uses for their large cash flows, boosted by high oil prices.

Some of Chevron’s rivals among the “big five” international oil companies have been returning even larger sums to shareholders. 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 New York Times: Kazakhstan Moves to Alter Oil Company Contracts

By DAVID L. STERN
Published: September 27, 2007

ALMATY, Kazakhstan, Sept. 26 — The Kazakhstan Parliament took steps on Wednesday to grant the government the right to alter or cancel international energy contracts unilaterally should they run counter to the country’s interests.

The lower house of Parliament — in which all elected seats belong to the Nur Otan Party of President Nursultan A. Nazarbayev — voted unanimously to amend an existing law on subsoil use, spelling out the steps the government could take if a contract failed to live up to its economic promise. The upper house is also dominated by the president’s party and is expected to follow suit. 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.

Daily Telegraph: ‘Half of Zimbabwe will soon need food aid’

Daily Telegraph photograph 

Zimbabweans line up to receive food aid 

By Sophie Arie
Last Updated: 2:28am BST 27/09/2007

Half of Zimbabwe’s people will be dependent on emergency food aid next year, a senior British diplomatic source has said, in a damning indictment of President Robert Mugabe’s regime.

Of an estimated eight million Zimbabweans still in the country, “we know we’ll be feeding four million people by January or February, possibly more”, the official said.  

He estimated that since Mr Mugabe began seizing white-owned farms in 2000, the population has fallen from 12 million to eight million. 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.

cnbc.com: PetroChina starts building LNG project in Dalian – report|

27 Sep 2007 | 01:13 AM ET

BEIJING (XFN-ASIA) – PetroChina Co Ltd (HK 0857), the country’s largest oil and gas producer, has started building a liquefied natural gas (LNG) project in Dalian, in northeastern China’s Liaoning province, the Dalian Daily reported.

The project includes an LNG terminal, a wharf and a gas pipeline, and will involve a total investment of over 10 bln yuan, the paper said.

Of the total, the LNG terminal will require investment of 6.86 bln yuan. It has initial receiving capacity of 3 mln tons per year. 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.

Business Week: Big Oil’s Big Stall On Ethanol

OCTOBER 1, 2007 
NEWS & INSIGHTS
By David Kiley

Even as it pockets billions in subsidies, it’s trying to keep E85 out of drivers’ tanks

For some industries, the prospect of $3.5 billion in federal subsidies now, and double that in three years, might be a powerful incentive. But not, apparently, for the oil industry, which is seeing crude oil prices soar to record highs. Despite collecting billions for blending small amounts of ethanol with gas, oil companies seem determined to fight the spread of E85, a fuel that is 85% ethanol and 15% gas. Congress has set a target of displacing 15% of projected annual gasoline use with alternative fuels by 2017. Right now, wider availability of E85 is the likeliest way to get there. 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.