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Posts on ‘April 7th, 2012’

Iran halts Greek oil sales, may cut Shell supply

Iran has stopped shipping oil to Greece and may halt supplies to Royal Dutch Shell PLC over unpaid bills…

April 6, 2012, 8:30 a.m. EDT

By Benoit Faucon

LONDON -(MarketWatch)- Iran has stopped shipping oil to Greece and may halt supplies to Royal Dutch Shell PLC over unpaid bills, Iran media said Friday, as the impact of sanctions widens.

The news suggests a decline in Iranian oil exports last month may accelerate as banking sanctions add to an upcoming European ban on Tehran oil. That could lead to upward pressure on oil prices, which have recently surged to a four-year high.

The Mehr news agency said that, due to unpaid bills, Iran stopped deliveries to Greek refiners Hellenic Petroleum and Motor Oil. Greece has long been the European Union country relying the most on Iranian oil–sometimes for as much as a third of its supplies. 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.

Shell wins injunction, Greenpeace looks at options

When an oil company with billions of dollars employs an army of lawyers to undermine your right to peaceful protest and free speech, then you know you’re doing something right.

April 6th 2:56 pm | Jim Paulin

Shell has won an injunction requiring Greenpeace to keep its distance, 1,000 meters from oil rigs and 500 meters from support boats nationwide, and now the Coast Guard is making a more modest proposal for a 25-yard “safety zone” restricting movements around the oil vessels in Dutch Harbor.

A Greenpeace spokesman would not rule anything out.

“Greenpeace does not discuss what we might or might not do in the future. What we can say is that we’ll continue to oppose Shell’s plans to drill in the Arctic peacefully and passionately because we believe that this project could spark an Arctic oil rush which will damage both the climate and the pristine environment,” said spokesman James Turner. 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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