Oil shot past $70 a barrel last week, meaning the cost per barrel has doubled since hitting a low in mid-February. And the swiftness of that move has plenty of observers wondering if we're headed toward another period of even more dramatic price gains. Among the oil insiders worried about such a scenario is Royal Dutch Shell CEO Jeroen van der Veer, a 38-year veteran of the energy giant, who is scheduled to retire June 30...
June 16th, 2009:
Why oil is on the rise again
Fishermen seek ‘vigorous’ inquiry into sinking
In its first public response since the sinking of the 12-metre Iona Isle off Erris Head in the early hours of last Thursday, the association representing the north Mayo inshore fleet has described it as a sinister turn of events in the ongoing saga that is the Corrib gas project.
Only faith can solve the energy crisis
Scandinavia is one of the most secularised corners of the world and by reputation one of the most rational. So I was astonished last week to hear the Finnish chairman of Royal Dutch Shell (and of Nokia) Jorma Ollila, say that the world's energy crisis would not be solved unless everyone turned off the lights when they left an empty room.
Gas Station Lease Dispute Will Get U.S. Supreme Court Scrutiny
June 15 (Bloomberg) -- The U.S. Supreme Court will use a case involving Shell Oil Co. to determine how much leverage oil companies have to change their leases with tens of thousands of independent service station owners.