Login
User name:
Password:
Remember me 
 Photos
 China
 Forbes
 NGO's
 Canada
 BLOG
 MSN
 SHELL
 Iran
 UPI
 Africa
 WWF
 Mitsui
 BP
 Texaco
 Ethics
 AFX
 Total
 ONGC
 Alaska
 LNG
 VW
 Toyota
 Qatar
 Audi
 Brazil
 Tullow
 India
 Norway
 OPEC
 Iraq
 Repsol
 CO2
 PLC
 CNN
 Ogoni
 gas
 Libya
 AGM
 LPG
 S
 EU
 bribes
 Stuff
 SEC
 ransom
 AGIP
 ENRON
 oil
 Sudan
 Gorgon
 Russia
 Tax
 Japan
 Cnooc
 FSA
 Whales
 Dutch
 MEND
 FT
 Moscow
 UK
 Eni
 Europe
 U.S.
 Sleaze
 Poland
 Spain
 LIBEL
 MOSOP
 France
 MSNBC
 ECCR
 EBRD
 Police
 Mars
 Chile
 KIlled
 Syria
 Kuwait
 JURIST
 Tehran
 Coal
 Killed
 NAM
 BG
 Platts
View Article  AP Worldstream: Nigerian police say foreign oil worker kidnapped from Shell gas plant
Kidnappings in the restive and impoverished Niger Delta have been common in recent months, with militants using the hostages to bargain for a greater share of the wealth from Africa's largest crude producer.   more »
View Article  Royal Dutch Shell Plc .com: Lingle, Shell Oil announce plans for $200 million Hawaii wind farm
FROM AP WORLDSTREAM: Energy giant Shell Oil Co. USA plan to build a $200-million (A157.3-million) wind farm on the slopes of a 20,000-acre (8,000-hectare) ranch on the island of Maui.   more »
View Article  AP Worldstream: Wresting control from foreign interests, Bolivian government names directors to energy companies
The new Bolivian directors were named for Bolivia Refinacion SA, a subsidiary of Brazil's Petroleo Brasileiro SA, or Petrobras; Andina SA, part of Spanish-Argentine Repsol YPF; Chaco SA, a unit of Britain's BG Group PLC and BP PLC; Transredes SA, of British-Dutch owned Shell Corp., and Compania Logistica de Hidrocarburos de Bolivia, which has various foreign shareholders.   more »
View Article  AP Worldstream: Militants say exploded car bomb at military base in Nigerian oil hub
President Olusegun Obasanjo has rejected the group's demands for the release of a jailed militia leader accused of treason and a former oil state governor held on corruption charges. The movement also wants Shell to pay US$1.5 billion (A1.2 billion) to a group of Ijaw communities for environmental pollution as ordered by parliament. Shell is challenging the order in the courts.   more »
View Article  AP Worldstream: Shell Group to set up A7 million accounting, management center in Poland
Poland and Royal Dutch Shell PLC on Thursday signed a deal for the oil giant to open a A7 million (US$8.5 million) center for accounting and management near the southern city of Krakow, Shell said.   more »
View Article  AP Worldstream: New oil fund deemed too risky for average investors
"If Royal Dutch Shell can't correctly predict the direction of the price of oil, and Exxon can't do it, how am I going to do it?" Sorenson said.   more »
View Article  AP Worldstream: Venezuela signs agreements with foreign oil companies to create joint ventures
Spanish-Argentine Repsol YPF, Royal Dutch Shell PLC and China National Petroleum were among the 17 Venezuelan and foreign oil companies that agreed to the new legal framework.   more »
View Article  AP Worldstream: Dutch economics minister to visit Libya for oil and gas talks
Shell announced last year it had concluded a deal to explore and develop areas in Libya's Sirte Basin and expected to start drilling in 2007. Shell was active in Libya from the 1950s until 1974, and it conducted explorations there in the late 1980s.   more »
View Article  AP Worldstream: Crude futures fall below US$67 a barrel on slight profit-taking
Nigerian oil output also remains a concern. Royal Dutch Shell PLC, the largest foreign oil company operating in the country, has shut in nearly half of its Nigerian production and says it won't resume operations until the country is safe enough for its workers. Some 550,000 barrels per day of Nigerian production has been shut in, analysts said.    more »
View Article  AP Worldstream: Venezuela takes on Exxon Mobil as it squeezes oil industry
Among the terms faced by companies like Royal Dutch Shell PLC and France's Total SA: a minimum 60 percent stake for the state oil company Petroleos de Venezuela SA (PDVSA) in each field, PDVSA controlling the boards of the new joint ventures and a jump in income tax rates from 34 percent to 50 percent and royalties from 16.6 percent to 33.3 percent. They will also see their potential drilling acreage slashed by almost two-thirds.   more »
View Article  AP Worldstream: Oil prices pull back after surging on U.S. data showing decrease in gasoline supply
The outlook on Nigerian oil output remained uncertain. Royal Dutch Shell PLC, the largest foreign oil company operating in the country, has shut in nearly half of its Nigerian production   more »
View Article  AP Worldstream: Oil prices rise further above US$64 amid strong demand and geopolitical uncertainty
That said, the U.S. Energy Department predicted last week that gasoline prices may not run up much higher for the time being. Still, concern about supplies from Nigeria and Iran, and growing anxiety about the next hurricane season in the Gulf of Mexico, were expected to limit any price decline. Some analysts believe gasoline prices could climb as high as US$3 a gallon this summer, though that assumes some significant disruptions at refineries, or difficulty in getting fuel to markets.   more »
View Article  AP Worldstream: Militants in Nigeria's oil region claim fresh clashes killed three soldiers
Militants behind a spate of attacks in Nigeria's southern oil-rich delta said Saturday they killed three soldiers in fresh clashes near a key natural gas plant run by Royal Dutch Shell.   more »
View Article  AP Worldstream: Venezuela warns Total: pay taxes this week or offices could be shut
The tax agency temporarily closed the commercial offices of Royal Dutch Shell Plc. last year for not paying its tax bill on time. Shell managed to negotiate a reduction in its retroactive tax bill after months of talks. It was fined US$130 million (A108 million) in early 2005, buy wound up paying only 10 percent of the original bill.   more »
View Article  AP Worldstream: American oil worker abducted by Nigerian militants fears for life
A militant spokesman who initiated the telephone call reiterated their demands for the release of jailed ethnic Ijaw leaders and the payment by Royal Dutch Shell of a US$1.5 billion (A1.26 billion) compensation to Ijaw communities for oil pollution, also demanded by Nigerian lawmakers, in exchange for the hostages.   more »
View Article  AP Worldstream: Nigeria militants report firefight with army troops
The militants said in an e-mailed statement that one of their vessels was attacked Wednesday on the Escravos River by four Nigerian navy patrol boats, sparking a 45-minute gunbattle they claimed left seven government soldiers dead.   more »
View Article  AP Worldstream: Brazilian judge convicts handyman in killing of US couple
Jossiel Conceicao dos Santos was found guilty of killing Shell oil executive Todd Staheli, 39, and his wife Michelle, 36, in a ruling late Friday night, said Luis Carlos Puglialli, a spokesman with Rio's justice department.   more »
View Article  AP Worldstream: Nigerian militants release six foreign oil-worker hostages; three still in captivity
Militants have released six foreign oil workers they deemed "low value," but held on to two Americans and one Briton and threatened crippling new attacks aimed at cutting off all oil production in Nigeria.   more »
View Article  AP Worldstream: Oil prices rise to just under US$61 a barrel on persistent Nigeria, Iran worries
Crude oil futures gained Friday as persistent concerns over supply disruptions in Nigeria and Iran's nuclear program overshadowed U.S. government data showing gains in domestic crude supplies.   more »
View Article  AP Worldstream: Nigeria militants release photos of kidnapped oil workers

In the latest unrest over the past week, militants have blown up pipelines and sabotaged a Shell oil loading platform, forcing the company to shut off the flow of several hundred thousand barrels of oil.
   more »
View Article  AP Worldstream: Oil prices dip on expectations of higher U.S. stocks, but Nigeria, Iran concerns linger
Oil prices spiked earlier this week on news that militants in Nigeria attacked a Royal Dutch Shell PLC-operated pipeline switching station on Monday and a boat they claimed housed Nigerian military personnel. That, and an earlier attack, has forced Shell to halt the flow of about 455,000 barrels a day.   more »
View Article  AP Worldstream: Oil prices flat after rising earlier in week on militant violence in Nigeria
Militants attacked a Royal Dutch Shell Plc-operated pipeline switching station on Monday and a boat they claimed housed Nigerian military personnel, vowing to spread their campaign across the south _ the area from which most of the country's crude is pumped. That, and an earlier attack, has forced Shell to halt the flow of about 455,000 barrels a day _ about one-fifth of the country's daily output, or less than 1 percent of total global demand.   more »
View Article  AP Worldstream: Nigeria militants threaten to target international oil tankers

Militants who kidnapped nine foreign oil workers and forced a 20 percent cut in Nigerian crude exports have vowed to escalate the violence, threatening for the first time to fire rockets at international oil tankers. The military said tankers in Nigerian waters were safe.
   more »