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Posts on ‘August 3rd, 2010’

Death and oil in Niger Delta’s illegal refineries

CNN

By Christian Purefoy, CNN// <![CDATA[ // // <![CDATA[ // -1) {document.write('August 3, 2010 -- Updated 1322 GMT (2122 HKT)');} else {document.write('August 3, 2010 9:22 a.m. EDT');} // ]]>August 3, 2010 — Updated 1322 GMT (2122 HKT) STORY HIGHLIGHTS

  • Illegal refineries distill diesel from crude oil by heating over naked flames
  • Worker: “I cannot count the number of people who have died in explosions”
  • Nigeria is major oil exporter, but most in Niger Delta live on less than $2 a day
  • Shell managing director estimates around 100,000 barrels stolen a day

Niger Delta, Nigeria (CNN) — The young man, his body glistening with black oil and sweat, poured more oil onto the fire. The flames roared, heating two barrels of oil to explosive temperatures. He escaped to a safer distance, a slight smile breaking his grim face ­– he had survived.

“This job is very dangerous,” he explains, asking to remain anonymous. “The smoke, the heat ­– I cannot count the number of people who have died in explosions because they cannot escape the flames.” 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.

Australia’s Nexus shares soar on Shell takeover talk

Reuters Africa

Tue Aug 3, 2010 7:06am GMT

* Biggest shareholders approached on possible takeover -report

* Nexus said no takeover approach received

* Shares trim gains after jumping 30 pct to 9-mth high

* Stock’s volume on Tuesday exceeds 90-day avg by 12 times

By Fayen Wong

PERTH, Aug 3 (Reuters) – Shares of Australian oil and gas company Nexus Energy (NXS.AX: Quote) surged as much as 30 percent on Tuesday on speculation Royal Dutch Shell (RDSa.L: Quote) was lining up an A$480 million ($438 million) takeover offer to secure gas supplies for its flagship floating LNG project. 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.
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