Militants from Nigeria's Niger Delta region have attacked a tanker carrying thousands of tonnes of diesel and kidnapped a Romanian crew member.
January 21st, 2009:
Tanker damaged in Nigeria attack
Shell Buys 10% Of Arrow’s Singapore Unit For US$66M
MELBOURNE (Dow Jones)--Arrow Energy Ltd. (AOE.AU) said Wednesday that Royal Dutch Shell PLC (RDSA) had bought a 10% stake in its Singapore unit, Arrow International Pte., for US$66 million as part of a previously announced deal.
As Gazprom stares into the abyss, oil companies get ready to do business
For much of the past decade, oil and gas-consuming nations have watched the National Oil Companies (NOCs) of Opec and Russia grow fat and confident as their incomes doubled and tripled. With such bounty they could pay their own bills and hire the best engineers. They could dispense with brash expat oilmen and their snooty wives and from Bolivia to Venezuela via Siberia, the Western multinationals were given the boot. There have been expropriations, bullying, harassment and the shredding of contracts.