Sep 15th, 2008
by John Donovan.

Shell evacuates some oil staff after Nigeria attack
Mon Sep 15, 2008 8:11am EDT

PORT HARCOURT, Nigeria, Sept 15 (Reuters) – Royal Dutch Shell (RDSa.L:Quote, Profile, Research, Stock Buzz) has evacuated nearly 100 employees from a Nigerian oil flow station in the Niger Delta after it was attacked by militants on Monday, an industry source said.
“As a result of the attack on the Alakiri flow station operated by Shell, the company has evacuated all of its employees from the facility. There are close to 100 staff,” the source, who wished not to be named, told Reuters. read more
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Sep 15th, 2008
by John Donovan.
PORT HARCOURT, Nigeria, Sept 15 (Reuters) - Nigerian militants attacked a Royal Dutch Shell operated oil installation on Monday in a third day of heavy fighting with security forces in the Niger Delta region.
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Sep 15th, 2008
by John Donovan.
Sept. 15 (Bloomberg) -- The Movement for the Emancipation of the Niger Delta, the main militant group in Nigeria's oil region, said its fighters destroyed a Royal Dutch Shell Plc flow station in a third day of attacks on oil installations.
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Sep 15th, 2008
by John Donovan.
The bruising battle for control of the TNK-BP joint venture, Russia's invasion of Georgia and a growing fear of government interference in business have left western investors wondering whether debt payment could be used as a political lever, bankers and analysts said.
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Sep 15th, 2008
by John Donovan.
The US regulator has been reviewing the regulations on the way reserves are calculated since 2004, when Shell fell foul of its rules and was forced to "lose" a quarter of its assets. The move led to fines, a plunging share price and the exit of its chairman, Sir Philip Watts. In June the SEC issued new proposals that would allow previously excluded resources such as oil sands to be "classified" as oil and gas reserves. They would also allow companies to disclose their "probable" and "possible" reserves as well as "proved" reserves, as at present.
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Sep 15th, 2008
by John Donovan.
One of Britain's biggest investors will launch a campaign this week to persuade Shell and BP to drop their plans for heavy investment in oil sands and shale projects in North America.
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Sep 15th, 2008
by John Donovan.
We shouldnt occupy ourselves too much with the whys or wheretofores of Shells pipeline project. At this stage one is required to believe that the pipeline is either quite safe or the product of a mass conspiracy by every authority in the country
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Sep 15th, 2008
by John Donovan.
In May, Royal Dutch Shell PLC, the Anglo-Dutch energy giant, announced it was pulling out of the London Array, a massive offshore-wind project, because rising costs raised doubts about the farm's profitability. Shell CEO Jeroen van der Veer said the economics of investing in onshore wind power in the U.S. are "significantly better."
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Sep 15th, 2008
by John Donovan.
Sep 15th, 2008
by John Donovan.
"Both Shell and Arrow will now work together to deliver the value from our vast Australian coal seam gas interests as well as move forward with our international opportunities," Arrow Chief Executive, Nick Davies said in a statement.
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Sep 15th, 2008
by John Donovan.
Capline, run by Shell, but owned by a group of companies, carries most of the imported cargoes delivered by ships to LOOP and U.S.-produced oil from the Gulf of Mexico to refineries in the Midwest.
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Sep 15th, 2008
by John Donovan.
Army helicopters, jet fighters and gunboats have pounded rebel positions since Saturday, prompting the main militant group to launch its own full-scale offensive against oil facilities.
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Sep 15th, 2008
by John Donovan.
The main militant group in Nigeria's southern oil region declared a state of war yesterday after two days of clashes with the armed forces, raising the spectre of a stepped-up conflict in Africa's oil giant.
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Sep 15th, 2008
by John Donovan.
"Militants in about 10 speedboats attacked a Shell location at Alakiri," said Musa. "The attack lasted over an hour. Dynamite and bombs were massively detonated by the miscreants."
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Sep 15th, 2008
by John Donovan.
PORT HARCOURT, Nigeria (Reuters) - Nigerian militants attacked a Royal Dutch Shell oil flow station on Monday in a third day of heavy fighting with security forces in the Niger Delta region, the military said.
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Sep 15th, 2008
by John Donovan.
Rockefeller's business model has permeated throughout the world as well as his hunger for more. When Standard Oil was broken up in 1911, two splintered companies were present day ExxonMobil and Royal Dutch Shell. Today, ExxonMobil and Royal Dutch Shell are two of the largest companies in the world, in fact rated numbers two and three in 2008 by Fortune 500 magazine.
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