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Posts on ‘July 28th, 2008’

Oil Trades Near 7-Week Low as OPEC, China Boost Crude Output

The main militant group in Nigeria's oil-rich Niger Delta region said it sabotaged two pipelines today in Rivers state. The Movement for the Emancipation of the Niger Delta said today in an e-mailed statement that the pipelines are located in Kula and Rumuekpe and that it believes they are operated by a unit of Royal Dutch Shell Plc.

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 Results: expect continued weakness in its refining and marketing business..

telegraph.co.uk

The week in business: July 28-Aug 1 

Last Updated: 7:33am BST 28/07/2008

A guide to company results and meetings, and economic statistics

Tuesday July 29

• Oil giant BP is expected to report bumper second-quarter profits buoyed by soaring oil prices. However, investors are getting worried over the future of its Russian TNK-BP joint venture where an escalating shareholder dispute led to the forced exit of chief executive Robert Dudley from Moscow last week. Analysts are forecasting clean net profits of between $7.0bn-$8.20bn, up from $5.3bn last time.

 

Thursday July 24 read more

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.

Reasons Not to Invest In Russia Are Growing

Russia's failure to cool the gloves-off battle for control over oil company TNK-BP, coupled with Prime Minister Vladimir Putin's outburst toward miner Mechel, slammed the Russian stock markets Friday.

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.

Russia’s Crony Statism

By now, the jilted investor in Russia is a bear-bites-man story. No one who puts serious cash in Vladimir Putin's realm, not least in its flush gas and oil fields, can be surprised to find himself fleeced, run out of town, jailed in a Siberian gulag or worse.

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.

Nigerian militants say 2 more pipelines sabotaged

The Movement for the Emancipation of the Niger Delta leader says Monday's attack on two pipelines owned by a unit of Royal Dutch Shell PLC took place in Nigeria's southern Rivers State.

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.