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Posts on ‘March 22nd, 2008’

International Herald Tribune: Iraq’s oil ministry invites companies to bid on seismic surveys for two key fields

The Associated Press
Published: March 22, 2008

BAGHDAD: Iraq’s Oil Ministry has invited local and international oil companies to bid for contracts providing technical support for two major oil fields in southern and northern Iraq.

Companies interested in providing 3D seismic surveys for the Kirkuk field in the north and Rumaila oil field in the south must meet the ministry’s deadline of April 30, said the ministry’s Oil Exploration Company in two tenders issued on the ministry Web Site. read more

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THE WALL STREET JOURNAL: OPINION: We Need a New Bargain With Big Oil

By JOSEPH P. KENNEDY II
March 22, 2008; Page A25

During the OPEC oil embargo over 30 years ago, the price of crude rocketed to historic highs in the world market while the controlled domestic price hovered below $4 a barrel. A few years later, the oil industry and the U.S. government reached a bipartisan deal: Domestic oil prices would be allowed to float in exchange for a windfall-profits tax, with 25% of the bounty earmarked to help the poorest Americans who depended on hydrocarbons to keep warm. At the heart of the pact was the recognition that no one had a right to charge whatever they wanted for a commodity that America couldn’t live without. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Financial Times: Moscow ups ante against TNK-BP

By Catherine Belton and Isabel Gorst in Moscow
Published: March 22 2008 02:00 | Last updated: March 22 2008 02:00

Russia’s environment watchdog said yesterday it would investigate TNK-BP’s biggest oil unit days after police raided its Moscow offices as part of an alleged industrial espionage case.

BP’s Russian oil venture said the inquiry was expected and routine. But the news added to fears the UK’s biggest investment in Russia – TNK-BP is half owned by BP and half by a trio of Russian billionaires – could be caught in a diplomatic row between Moscow and London. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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