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Posts on ‘May 7th, 2010’

Shell CEO Calls For Search For Cause Of Gulf Oil Spill

NASDAQ

Friday 7 May 2010

ST. GALLEN, Switzerland -(Dow Jones)- Royal Dutch Shell PLC (RSDA) Chief Executive Peter Voser Friday called for a thorough evaluation of the cause of an oil spill in the Gulf of Mexico, while indicating he is against a White House move to put new offshore drilling on hold.

“I think we need to look into what caused this accident–was it technical in nature, or human error,” Voser said on a sidelines of a business conference in St. Gallen.

BP PLC (BP) has been deemed the responsible party for a massive oil spill that has resulted from a leaking well in the Gulf of Mexico. The oil began spewing from the well after a Transocean Ltd. (RIG) rig caught fire April 20 and later sank. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Nigeria: Shell can’t meet oil production target

LAGOS, Nigeria — Royal Dutch Shell PLC announced Friday that it would not be able to fulfill some of its oil production contracts after a fire on one of its major pipelines in Nigeria that the company has blamed on thieves.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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