By Andrew Walker
BBC News, Abuja
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Oil company employees are suspected of selling their skills to oil bunkerers
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Under cover of night dozens of barges queue up to dock at a jetty in a creek somewhere in Nigeria’s oil-rich Niger Delta.Their holds are filled with stolen oil running from valves illegally installed into a pipeline.
Full, they chug downstream to meet around 10 larger ships near the oil export terminal in Bonny, Rivers State, where they disgorge their cargo.
By 0500, in the darkness before dawn, the ships uncouple from the barges and move out in a convoy to sea to rendezvous with a tanker which will spirit away the stolen oil, making it disappear into another cargo, bound for sale on the world market. 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
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Jul 29th, 2008
by John Donovan.
This is not the first time the company has been involved in a conflict with its employees. The two had a disagreement which took them to court a couple of months ago, in connection with the amendment of a retirement policy. According to the Labor Union, the revision was made without the consent of the employees and the litigation is still pending. 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
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Jul 29th, 2008
by John Donovan.
Royal Dutch Shell declared force majeure on Tuesday on its Nigerian Bonny Light crude oil exports for July to September following an attack by militants on an oil trunk pipeline in the Niger Delta on Monday. shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Jul 29th, 2008
by John Donovan.
Nigeria's main militant group said it bombed two Royal Dutch Shell PLC-operated oil pipelines early Monday and warned more attacks were planned over the next month, helping push up oil prices by more than $1 a barrel. shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Jul 29th, 2008
by John Donovan.
Shell has yet to clarify the extent of the damage to Nembe Creek, but oil traders see Nigerian production problems as the key element keeping prices buoyant. shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Jul 29th, 2008
by John Donovan.
Jul 29th, 2008
by John Donovan.
Royal Dutch Shell, already the top spender in 2006, raised its budget the fastest with a 36 per cent increase to $1.2bn for 2007. Last year, it spent more than twice as much as BP on R&D. 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
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Jul 29th, 2008
by John Donovan.
Royal Dutch Shell, which has the biggest commitment of any oil company, came a mere 104th in a global ranking of companies by R&D spending in 2006-07 compiled by Britains Department for Business and Enterprise. shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Jul 29th, 2008
by John Donovan.
Exxon Mobil and Royal Dutch Shell have abandoned the planned £1.5bn-£2bn sale of Infineum, their oil additives joint venture, after private equity bids came in below their target price. shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Jul 29th, 2008
by John Donovan.
"A helicopter overfly confirmed that parts of SPDC's Nembe Creek trunk line were damaged in attacks," Shell spokeswoman in Nigeria Caroline Wittgen said. shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Jul 29th, 2008
by John Donovan.
Crude oil rose for a second day after Royal Dutch Shell Plc reduced Nigerian production because of an attack on a pipeline by militants. shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Jul 29th, 2008
by John Donovan.
BP said this morning that it would continue to try and resolve a dispute with the billionaire shareholders of the company's Russian oil joint venture, as it reported an almost 30pc rise in second-quarter profits. shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Jul 29th, 2008
by John Donovan.
Shell and ExxonMobil have pulled the proposed $3bn (£1.5bn) sale of Infineum, one of the world's largest manufacturers and marketers of lubricant additives that are used in automotive, heavy-duty diesel and marine engines. shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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Jul 29th, 2008
by John Donovan.
Times Online
July 29, 2008
BP profits hit record $13.4bn on soaring oil price
Robin Pagnamenta
BP, the British oil giant, unveiled a 23 per cent rise in profits this morning, boosted by record global crude prices.
Replacement cost profit, which strips out exceptional items, hit a record $13.44 billion during the first half of the year, up from $10.93 billion a year ago. During the second quarter to June 30, profits rose from $6.48 billion to $6.85 billion this year. 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
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Jul 29th, 2008
by John Donovan.
Shell said: "The global demand for energy is growing. This will mean greater demand for oil and gas, too. Supplies of accessible, conventional oil and gas cannot keep up with the demand growth. As a result, society has little choice but to add other sources of energy including 'unconventional' fuels like oil sands." 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
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Jul 29th, 2008
by John Donovan.
Royal Dutch Shell Plc, Europe's biggest oil company, is ``keen'' to acquire a stake and purchase the output from a coal-seam gas based fuel export project in Australia's northeast, said Arrow Energy Ltd., a venture partner. shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
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