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Posts on ‘March 29th, 2008’

The Aspen Times (Colorado): Experts say oil is slippery situation: Clock ticking on the world’s supply

John Colson
The Aspen Times
Aspen CO, Colorado
March 29, 2008

ASPEN — Experts might disagree about exactly when the world will run out of the oil that is easily found and extracted, but most agree that it will happen at some point and that humanity should be preparing for that day.

That was one of the messages to come out of the second full day of The Aspen Institute and National Geographic Magazine Aspen Environment Forum, at a panel discussion featuring energy-efficiency guru Amory Lovins, green technology specialist Randy Udall, and Marvin Odum, executive vice-president of Shell Oil. The forum concludes Saturday. 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

Argus Media: Analysis — TNK-BP left in limbo following FSB raid Link

Time:  28 Mar 2008 10:26 GMT

TNK-BP is facing fresh problems in the wake of last week’s raids by Russia’s Federal Security Service (FSB) on company offices in Moscow.

BP this week recalled 148 of its secondees to TNK-BP, citing visa problems. “The process of clarifying new visa regulations is taking a little longer than we expected. We took this step as a precaution until new work visas have been obtained under the new regulations,” a BP spokesman says, referring to recently introduced changes to Russian legislation on work permits for non-Russian residents. 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

THE WALL STREET JOURNAL: Democrats to Press Oil Executives On Tax Incentives — and Polar Bears

By STEPHEN POWER
March 29, 2008; Page A2

Big Oil will be making an appearance on Capitol Hill this coming week as congressional Democrats open hearings on two topics important to the industry.

Top executives from Exxon Mobil Corp., BP PLC, Royal Dutch Shell PLC, Chevron Corp. and ConocoPhillips are expected to testify Tuesday before the House Select Committee on Energy Independence and Global Warming, in an event designed by Democrats to tap voters’ frustration with high gasoline prices.

With Exxon Mobil and Chevron recently reporting record profits, House Democrats are pushing legislation that would repeal $18 billion of tax incentives for oil and gas producers and use the savings to finance tax credits and other incentives for wind-power projects, solar panels and more energy-efficient cars. Their measure isn’t likely to become law anytime soon, however. A similar proposal died in the Senate in December, and the White House has threatened a veto of the current legislation. 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

CNNMoney.com: Union: Shell Gabon Oil Strike To Spread Through Indus -AFP

March 28, 2008: 07:15 PM EST

LIBREVILLE (AFP)–An oil workers strike which has paralyzed production at a Royal Dutch Shell PLC (RDSA) subsidiary in Gabon is set to become an industry- wide dispute, union officials warned Friday.

Industrial action at Shell’s Gamba terminal has halted 60,000 barrels a day of crude production since the strike began on March 20, with another 30,000 barrels exported by France’s Total Gabon (EC.FR) and Perenco also on hold.

Now unions negotiating for staff at America’s Marathon Oil Corp. (MRO), who account for a further 20,000 barrels per day, have issued a strike warning, calling for parent company employment contracts for intermediary staff, a union official said. 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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