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January 23rd, 2010:

Essar Oil hit by a steep fall in crude-oil prices

Essar, which plans to have a refining capacity of one million barrels a day, is in talks to buy three European refineries from Royal Dutch Shell PLC. In July, Essar acquired a 50% stake in 80,000-barrel-a-day Mombasa- based Kenya Petroleum Refineries Ltd. from Shell, Chevron Corp. and BP PLC.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Nigeria’s oil industry in peril

LAGOS, Nigeria, Jan. 22 (UPI) — The power vacuum in Nigeria, one of Africa’s leading oil producers, caused by the two-month absence of ailing President Umaru Yar’Adua is putting the all-important oil industry in jeopardy by delaying reforms and threatening to re-ignite an insurgency in the oil-rich south.

Yar’Adua, who has a history of poor health, was flown to Saudi Arabia for hospitalization with a heart condition on Nov. 23, leaving no designated successor and plunging Africa’s most populous nation into constitutional confusion. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.