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Posts on ‘August 9th, 2008’

Gazprom reacts to Sakhalin-2 postponement of LNG production

Interfax reported that Gazprom, faced with the need to postpone its own production of liquefied natural gas within the framework of the Sakhalin-2 project for half a year, will buy gas in the United Arab Emirates.

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.

Feud between BP and its Russian partners in TNK-BP

 

The Wall Street Journal Home Page

A Russian CEO Fined on Labor

August 9, 2008; Page B3

Anglo-Russian oil joint-venture TNK-BP on Friday said a Moscow court fined its Chief Executive Robert Dudley 500 rubles ($21) for violations of Russia’s labor law. The Federal Labor and Employment Service asked the court to look into a number of violations relating to labor protection and the use of a foreign work force. The ruling is the latest episode in the battle for control of the company between TNK-BP’s 50:50 shareholders, U.K. oil major BP PLC and a group of Russian tycoons. 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.

£1m contract for enterprise agency

LiveWIRE, the only global youth enterprise programme, encourages and supports 16 to 30-year-olds worldwide to start up and develop their own businesses. It now operates in 23 countries ranging from Brazil to Nigeria, Libya, Pakistan, Singapore and the Netherlands.

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: TNK-BP’s credit rating may be cut over feud, warns Fitch

TNK-BP's debt rating could be cut, the credit-rating agency Fitch warned yesterday, citing the ongoing feud between the oil company and its Russian partners.

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.

TNK-BP boss fined £10 as row rumbles on

In recent months, TNK-BP's offices have been raided by police and foreign staff have had visas denied. The company has been hit by back-tax claims and an obscure investment company started legal action against the joint venture.

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.

Have we reached the end of the road for oil?

This means that the huge profits being made by multi-nationals such as Shell or ExxonMobil may turn out to be their last hurrah. "The days of the international oil companies are coming to a glorious end," said Fatih Birol, chief economist of the International Energy Agency, last month. "Their reserves are declining and they will have difficulty accessing new ones."

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.

TNK-BP’s Robert Dudley escapes three-year Russia ban and fined £10

Robert Dudley, chief executive of TNK-BP, BP’s troubled Russian 50-50 joint venture, escaped a possible three-year ban from doing his job today despite a Moscow court ruling he had broken the Russian labour code.

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 production hit after attacks in the Caucasus

Russian shares plunged by more than 6 per cent last night to their lowest level in 14 months as investors reacted to an outbreak of fierce fighting in South Ossetia.

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.

Bolivia, Shell reach agreement in nationalization

Bolivia has reached an agreement in principle to purchase the local operations of energy company Royal Dutch Shell PLC as part of President Evo Morales' nationalization push.

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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