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Posts on ‘July 1st, 2008’

Oil ends at new record near $141 on supply worries

ABC News quoted an unnamed senior Pentagon official as saying there is an "increasing likelihood" that Israel will strike Iran's nuclear facilities before the end of the year. Such an attack could prompt Iran to retaliate, potentially disrupting oil supplies in the strategically vital Persian Gulf.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Japan’s Showa Shell to build solar cell plant – report

Showa Shell Sekiyu KK plans to build one of the world's biggest solar panel plants at a cost of more than 100 billion yen ($940 million), Wednesday's online edition of Nihon Keizai Shimbun newspaper reported.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Iraq sues Chevron over kickbacks

The Iraqi government sued dozens of companies, including oil giant Chevron, for more than $10 billion (5 billion pounds) on Monday, saying they paid kickbacks to former Iraqi leader Saddam Hussein's government under the U.N. oil-for-food program.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Wanted: Rooms for rent, must float

ExxonMobil Canada has gone on a search for floating living accommodations to hitch up to its Thebaud production platform at the Sable natural gas project.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Appetite for Arctic oil rises in line with crude prices

The appetite for Arctic oil has surged in line with rocketing crude prices but environmental concerns and a diplomatic stalemate stand in the way of exploration, experts say.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell Sells Stake in South Africa’s Biggest Refinery

Royal Dutch Shell Plc, which owns half of South Africa's biggest refinery, sold 25 percent of its local refining unit to Thebe Investment Corp. to meet government requirements for ownership by black investors.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Militants kill 4 soldiers, 2 civilians in Bonny – claim one was beheaded (Shell has denied that any such attack occurred)

A civilian who said to be on a visit to a naval relative was also killed, while another civilian was beheaded by the gunmen at Oloma where the Dutch oil giant, Shell Petroleum Development Company has an oil flow station.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Iraq Oil Ministry Opens Door to Foreign Companies

Iraq has the fourth largest known reserves of oil -- after Saudi Arabia, Iran and Canada.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Oil gives up record as dollar rebounds

The data provided more proof that high oil prices are taking a toll on consumption in the world's largest market for crude.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Kuwait plans for Iranian oil blockade

Saad al-Shuwaib, chief executive of Kuwait Petroleum Corporation, the state oil company, told the Kuwait news agency that “precautionary plans” to export Kuwaiti crude if the Strait of Hormuz was closed were in place, but not yet finalised.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Turkish group looks south

A partnership with Shell to rebuild Iraq's gas sector assures a role for TPAO in Iraq. "Shell is working on a master plan for the entire Iraqi gas sector. When this is approved, we're ready to start work."

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Baghdad opens door to foreign developers

Jeroen van der Veer, chief executive of Royal Dutch Shell, said he hoped the agreements could be signed in "a matter of weeks".

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Energy chiefs absolve oil speculators

Jeroen van der Veer, chief executive of Royal Dutch Shell, Europe’s biggest international, integrated energy group, said on Monday: “We don’t think that the financial markets are leading the speculation. Probably they follow what other people fear as long-term fundamentals.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Moscow axes work visas for TNK-BP

BP’s grip on its Russian oil joint venture was slipping on Monday after authorities in Moscow refused work permits to many of the company’s foreign executives in a ruling that could see all of them forced out of the country by the end of the month.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Promise of Biofuel Clouded by Weather Risks

The floods have helped send the price of ethanol up 19 percent in a month. They appear to have had little effect on the price of gasoline at the pump, as ethanol represents only about 6 percent of the nation’s transport fuel today.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Saudi Oil Project Brings Skepticism to the Surface

...this remote patch of desert could hold the key to the soaring price of gasoline around the world.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Lorry drivers protest: New oil price record fuels hauliers’ anger

The BP chief, Tony Hayward, said it was a "myth" that financial investors buying oil futures were behind the four-year rally.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Barclays warns of a financial storm as Federal Reserve’s credibility crumbles

The world has changed all of a sudden.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

UK house prices in grip of slump that experts expect to deepen

Figures due on Tuesday from the Nationwide, the country’s biggest building society, are likely to confirm that the housing down turn has turned into a full-blown slump

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

The central bankers’ bank renews fear of second depression

The central bankers' bank renews fear of second depression, writes Ambrose Evans-Pritchard

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Supplies blamed for high oil prices

Shell's chief executive, Jeroen van der Veer, said: "We don't think that the financial markets are leading the speculation, Probably they follow what other people fear as long-term fundamentals."

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

BP staff thrown out by Moscow but Russia refined enough for Sibir Energy

Yesterday, Moscow refused work permits for about 75 staff. BP described the ruling as “utterly disgraceful”.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Iraq opens oilfields to international deals

But the long-awaited news was soured by the revelation that five big Western oil companies had refused to sign smaller, short-term service contracts to renovate the country’s dilapidated oil infrastructure unless they were guaranteed a slice of the massive oil-pumping deal.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Oiling Iraq’s Revival

...some Iraqi nationalists as well as anti-war activists will be strengthened in their delusion that the real reason for the 2003 invasion was the US wish to gain control of Iraqi oil.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Iraq fails to ink deals with global oil majors

"We did not finalise any agreement with them because they refused to offer consultancy based on fees as they wanted a share of the oil,"...

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

BP chief blames states, not speculators, for record oil prices

The likes of BP, Shell, and ExxonMobil are keen to point out the increasing difficulty they have in accessing new reserves, thanks to the hardening stance of state-owned oil companies which are unconvinced that they need the help of private groups to extract the resource.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.
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