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Posts on ‘December 19th, 2007’

Time Magazine Person of the Year 2007: Vladimir Putin

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.

Confidential Shell EP Reserves Review March 16, 2004 (37 pages)

Shell confidential reserves fraud court documents published 19 December 2007

Exhibit 385: Confidential Shell EP Reserves Review March 16, 2004 (37 pages): Shell Exploration & Production Reserves Presentation to GAC 10-13 March 2004: Every page marked “Confidential”: Review Team: 1) Independent Petroleum Consultants: (Ryder Scott: Tom Gardner and George Dames): 2) Group External Auditors: PWC (Edo Kienhuis and Michael Hurley) KPMG (Han van Delden): 3) Group Reserves Consultants (Rod Sidle and David Kluesner): 4) Group Internal Audit (Ken Marnoch): Observers (John Darley, Frank Coopman and John Bell) 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.

RIA Novosti: Regulator fines Sakhalin II operator $15.8 mln for deforestation

12:38 | 19/ 12/ 2007 

MOSCOW, December 19 (RIA Novosti) – Russia’s environmental regulator said on Wednesday it is fining the operator of the Sakhalin II oil and gas project in the Far East more than 390 million rubles ($15.8 million) for deforestation.

Oleg Mitvol, deputy head of Rosprirodnadzor, said Sakhalin Energy had the option of paying the damages voluntarily. Otherwise, “the damages will be obtained through a procedure prescribed by law,” he said.

The ambitious Sakhalin II project, formerly led by Anglo-Dutch oil major Shell, was subjected to months of intense pressure last year from Russian authorities, who accused it of inflicting major environmental damage on 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.

Houston Chronicle: Pemex CEO says tide is changing: Lazaro Cardenas remains a national hero for kicking out Standard Oil and Royal Dutch Shell

Bloomberg News

Pemex Chief Executive Officer Jesus Reyes Heroles said Monday that he’s hopeful Mexican lawmakers will adopt rule changes that would encourage investment in the company and promote its growth.

“Opinion in the Congress has been changing in the past few years,” Reyes Heroles said Monday in an interview with Mexico City-based Radio Formula. “I’m very hopeful.”

Pemex is a state monopoly for oil and natural gas production.

Mexican President Felipe Calderon, who served as energy minister for eight months under his predecessor, Vicente Fox, has made no direct calls to end the 1938 ban on private oil ownership. Since taking office in December, the president has instead pointed out the shortcomings of the state-run industry, he said. 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.

National Post (Canada): Mackenzie partners see Ottawa aid But No Financial Pledge

Jon Harding, Financial Post 
Published: Wednesday, December 19, 2007

CALGARY – Partners in the Mackenzie Gas Project have asked Ottawa to treat their stalled megaproject like Newfoundland’s Hibernia project or the Syncrude Canada Ltd. oilsands mine in Alberta, both of which got federal support.

But Hal Kvisle, CEO of TransCanada Corp., one of the Mackenzie project’s participants, said financial terms given to Jim Prentice, federal Industry Minister, on Friday do not overstep what Ottawa has said it would be willing to consider. 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 Age.com / AFP: Chevron to jointly develop Chinese gas field

December 19, 2007 – 5:42PM

US energy giant Chevron Corp has signed a 30-year product-sharing contract with China National Petroleum Corp (CNPC) to jointly develop a large gas field in southwestern China.

The gas block, occupying 1,969 square kilometres (757.3 square miles), marked China’s largest onshore exploration involving a foreign group, said a CNPC statement released Tuesday.

Under the terms, CNPC, the parent of China’s largest oil producer PetroChina, will hold a 51 percent stake in the Chuandongbei gas block in Sichuan province while Chevron has the remaining 49 percent, it said. 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.

Grand Canyon of the North (Telegraph Creek, b.c.): Why pollute a non-polluted area?

The Tyee.ca photograph Talhtan protest 

From a contributor: Name and email address supplied.

When I was 11 back in the early 90’s, I went to the Grand Canyon of the North (Telegraph Creek, b.c.) with some people were First Nation tribal people.  They were very hospitable people with big hearts.  We went hiking, fishing, hunting, camping.  One thing I found to be really neat and amazing is that you could walk over to any stream and drink from it and you wouldn’t get sick.  There is no air pollution, it actually smells sweet..  nothing around the whole klappan area to have ground pollution.  In Washington state, USA.  or pretty much anywhere else,  you would not be able to drink water from a stream or well and drink of it and know it to be 150% pure and safe.  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.

Jimma Times (Ethiopia): ETHIOPIAN Employees accuse Shell of raiding retirement fund

Published 12/17/2007 – 3:02 a.m. EST
 
A litigation was brought against Shell by a trade union representing 90% of its Ethiopian employees. 

www.royaldutchshellplc.com  published an article about the story.

The organization says its objective is to persuade Shell management to stand by the Shell Statement of General Business Principles pledging among other things, honesty, integrity and transparency in all of its dealings.

“If Shell senior management did operate on that basis, the reserves fraud and other scandals which have badly damaged the reputation of the oil giant in recent times could never have happened. The latest scandal stems from a decision by Shell management to unilaterally change the terms of an early retirement scheme for its Ethiopian employees.” 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.

Daily Telegraph: BP-Gazprom gas field talks hit the rocks

By Russell Hotten, Industry Editor
Last Updated: 12:55am GMT 19/12/2007

Talks between energy giants Gazprom and BP about future ownership of a huge Russian gas field have broken down for a third time after the two sides again failed to agree a price for the project.

A meeting in Moscow between BP chief executive Tony Hayward and his Gazprom counterpart Alexei Miller failed to secure a breakthrough. No date for further high-level talks has been set.

In June BP’s joint venture in Russia, TNK-BP, agreed to sell its 62.4pc stake in the Kovykta gas field to Gazprom for up to $900m (£450m), as part of a wider deal between the UK and Russian companies to establish strategic alliances in energy projects. 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: First new energy grants offered

By Ed Crooks
Published: December 18 2007 02:00 | Last updated: December 18 2007 02:00

The Energy Technologies Institute, the new public private partnership for backing research into new energy sources, has made its first offers of grants for projects in offshore wind, wave and tidal power. The ETI is collaborating with the Carbon Trust, the government-backed company that promotes low carbon technologies, to provide £40m to back ideas for cutting costs in offshore wind power.

Britain has the potential to develop a big offshore wind generation industry, that would avoid the problems of local resistance to onshore wind farms, but the business is hampered by its relatively high costs. 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: Gazprom Tells Tokyo Gas 2008 LNG Exports May Be Late (Update2)

By Shigeru Sato

Dec. 19 (Bloomberg) — Tokyo Gas Co., Japan’s largest distributor of the fuel, was notified Russia may miss a target to start exporting liquefied natural gas by the end of next year.

The Japanese gas utility has received notice from OAO Gazprom’s Sakhalin-2 LNG project operator that it aims to complete construction work on the plant by the end of calendar 2008, spokesman Naoyoshi Oogake said today in Tokyo by telephone. Shipments may start some time in early 2009, Oogake said. 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 Zealand Herald: Shell loses appeal against Todd in Maui field dispute

11:17AM Wednesday December 19, 2007

Shell has lost an appeal against a High Court decision over who should be the operator of the Maui gas field in Taranaki.

The effect of today’s Appeal Court decision is that the status quo will be maintained at the Maui field.

Shell had wanted to remove Shell Todd Oil Services (STOS) as the operator of Maui and replace it with a Shell subsidiary.

In 2005 Shell-appointed directors of STOS called a meeting of the STOS board to consider a draft set of resolutions under which, if passed STOS would resign as operator of Maui. 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: India’s Imports of LNG May Rise Amid Shift to Gas

By GURDEEP SINGH
December 19, 2007; Page B4D

NEW DELHI — India is likely to boost liquefied-natural-gas imports in mid-2008, even though its biggest gas discovery in recent years will come onstream at about the same time.

India, which imports more than 70% of the crude oil it uses, is also heavily dependent on imported gas, which accounts for about a quarter of the total gas available in the country.

National-gas usage in India is likely to grow. Many industrial users would be happy to make the switch from oil-based fuels like naphtha, whose prices have gone up about 50% this year. Strong economic growth is also fueling higher energy demand, and the country is trying to reduce urban pollution by encouraging motor vehicles to switch to compressed natural gas and by promoting city gas networks for domestic cooking and heating. 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: Sakhalin Delays Exports of LNG To Asia and U.S.

REUTERS NEWS SERVICE
December 17, 2007 11:58 p.m.; Page A16

Sakhalin Energy Investment Co., the group behind one of the world’s top liquefied-natural-gas projects, warned Monday that it will delay first exports to customers in Asia and the U.S. by at least a few months.

The group — which is led by Russian gas-export monopoly OAO Gazprom and involves Anglo-Dutch oil major Royal Dutch Shell PLC and Japanese companies Mitsui & Co. and Mitsubishi Corp. — said it was talking to customers but declined to comment on whether it would have to pay fines for delays and if it was seeking bridging supplies. 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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