Were in remission right now, said Marvin E. Odum, the vice president for exploration and production for Royal Dutch Shell in the Americas. But once the economy picks up, he said, the energy challenge will come back with a vengeance.
Gazpom
Big Oil Projects Put in Jeopardy by Fall in Prices
Credit Crisis May Delay Shtokman Project
The credit crisis could delay the launch of Russia's giant Shtokman gas field, the head of the project's operator said Monday.
Sibir’s bail-out of investor stuns market
The development of the Salym field in western Siberia, a joint venture with Royal Dutch Shell, has been a huge success, taking Sibir's production to 76,700 barrels of oil per day last month, a very respectable amount for an independent. It has proved and tested reserves, under Russian definition, of 491m barrels of oil. An often-rumoured deal with Shell has so far come to nothing. But the reserves remain a valuable asset and the best hope for shareholders is that some way can be found to realise that value.
Gazprom: Exxon, Conoco could join Yamal LNG
In the summer Gazprom said it saw Royal Dutch Shell as one of its potential partners in LNG projects in the gas-rich Arctic Yamal peninsula.
LNG Price May Gain 80% as Plant Delays, Export Cuts Curb Supply
The BP Plc-led Tangguh venture in Indonesia, the OAO Gazprom-led Sakhalin-2 project in eastern Russia and a Total SA- led development in Yemen may start in 2009 instead of this year, said Frank Harris, global head of LNG at Wood Mackenzie.