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View Article  Associated Press: Oil falls below US$67 on weak demand

AP , NEW YORK
Sunday, Sep 10, 2006

Oil prices fell by more than US$1 a barrel on Friday, dipping ...   more »

View Article  Petroleum News: Alaska raids seen as second step in FBI crackdown on suspected public corruption

EXTRACTS: More fallout from the scandal is expected in the November elections when some congressmen implicated in the scandal will ...   more »

View Article  International Herald Tribune: Shell Oil chief: U.S. needs policy on greenhouse gas emissions

The Associated Press
Published: September 7, 2006
 
ST. LOUIS Touting the importance of a "culture of conservation" and investment ...   more »

View Article  Associated Press: Shell Halts Pipeline Project in Russia

Monday August 28, 9:38 am ET 

Shell PLC Halts Section of Pipeline Construction at Russian LNG Project

MOSCOW (AP) — ...   more »

View Article  Associated Press: Oil companies raise nearly $30 million to fight severance tax
EXTRACT: Opponents had raised $29.8 million through Friday, including $12.8 million from Chevron and $12.6 million from Aera Energy, a joint venture of Exxon and Shell oil companies.   more »
View Article  The Associated Press: Terrorism causes slide in oil prices

By MADLEN READ, The Associated Press
Published: Friday, Aug. 11, 2006

NEW YORK – Crude oil prices fell more than ...   more »

View Article  Asociated Press: Shell Exceeds BP in Market Cap
After suffering in recent years from one mishap after another, Anglo-Dutch oil major Royal Dutch Shell has overtaken its cross-London rival BP PLC as Europe's biggest oil company.   more »
View Article  Associated Press: Questions Raised Over Aging Oil Fields

By MARY PEMBERTON
Associated Press Writer
Aug 9, 2:20 AM EDT
 
ANCHORAGE, Alaska (AP) — BP’s problem of corroding ...   more »

View Article  Associated Press: More oil workers snatched in Nigeria

Wednesday 09 August 2006, 19:37 Makka Time, 16:37 GMT  

Four more foreign oil workers have been kidnapped from a supply ...   more »

View Article  Associated Press: Major Alaskan Oil Field Shutting Down

Aug 6, 10:40 PM (ET)

By MARY PEMBERTON
 
ANCHORAGE, Alaska (AP) - In a sudden blow to the nation's ...   more »

View Article  The Associated Press/MOSCOW: Russian wants (Sakhalin-2) pipe-laying project halted

By ALEX NICHOLSON
AP Business Writer
 
AUG. 3 6:34 A.M. ET Russia’s natural resources ministry on Thursday called for ...   more »

View Article  Associated Press: Carnahan pushes windfall tax on oil companies

EXTRACT: Last week, five of the world’s largest oil companies - BP PLC, Chevron Corp., ConocoPhillips, Exxon Mobil Corp. and ...   more »

View Article  Associated Press: Who’s to blame for gas prices? You know who

Motorists tend to blame Big Oil and research somewhat bears that out

While U.S. oil companies blame the global oil ...   more »

View Article  Associated Press: Report: Accounts of Caspian Company Frozen

 

© 2006 The Associated Press

MOSCOW — The accounts of a pipeline company in which Chevron is one of ...   more »

View Article  The New York Times: Fire Engulfs Tanker at Port of Providence
PROVIDENCE, R.I. (AP) — Fire engulfed a tanker ship at the Port of Providence on Tuesday night, sending large plumes of smoke and fireballs into the air. It was not yet known if anyone was injured, and it was not immediately clear    more »
View Article  The Associated Press: Venezuela, Royal Dutch Shell Sign New Oil Pumping Pact
EXTRACT: “…Shell CEO Jeroen van der Veer discussed opportunities for further joint projects during a meeting Friday. Shell has expressed interest in investing in Venezuela’s oil-rich Orinoco River basin.”   more »
View Article  The Associated Press: Royal Dutch Shell Seeks More Investments In Venezuela
Shell CEO Jeroen van der Veer, who was in the Venezuelan capital this week seeking to expand opportunities for the Anglo-Dutch company, met with Foreign Minister Ali Rodriguez on Wednesday.    more »
View Article  The Chronicle Herald (Halifax, Nova Scotia): Alaska governor pushes pipeline deal
That project would stretch 1,200 kilometres from the Far North to Alberta and is led by Imperial Oil, Exxon’s Canadian subsidiary, and Shell Canada Ltd., a unit of global giant Royal Dutch Shell. Other partners include ConocoPhillips and Exxon as well as an aboriginal group.   more »
View Article  Royal Dutch Shell Plc .com: True North Buys 29 Shell Stations
From The Associated Press: True North is a joint venture between Shell Oil Co. and The Lyden Co., a family run company that began as a bulk fuel delivery business. True North is Shell's largest fuel wholesaler, and it will supply 335 million gallons annually to 230 Shell-branded stations in Ohio and Michigan after the deal.   more »
View Article  Royal Dutch Shell Plc .com: ...energy independence is "naive": Shell President John Hofmeister
From The Associated Press: "Energy isolation is naive; energy dependence is uncomfortable; energy interdependence makes sense," said Shell President John Hofmeister. "We are trying to bring the message to help people understand that we are the world of users and world of producers."   more »
View Article  Royal Dutch Shell Plc .com: Proposal to end offshore drilling ban advances
From MSNBC/ASSOCIATED PRESS: "It's time to resolve this issue," John Hofmeister, president of Shell Oil Co., told the House Government Reform subcommittee on energy and resources.   more »
View Article  Royal Dutch Shell Plc. com: A safer Iraq needed for U.S. investment, analysts say
: From The Associated Press: ''It's too soon to make a judgment on how close we are. ... I suspect we could be a few years away,'' Shell Oil Co. President John Hofmeister recently told The Associated Press.   more »
View Article  Royal Dutch Shell Plc .com: Andarko Spends $21B to Grow Gas Ops
THE NEW YORK TIMES: "Nevertheless, Gheit said major integrated energy companies such as Chevron Corp. and Royal Dutch Shell PLC may also think seriously about using their own massive cash reserves to buy North American assets that just a few years ago seemed less tempting as they focused on international growth."   more »
View Article  Royal Dutch Shell Plc .com: Offshore Drilling Bill Advances in House
THE NEW YORK TIMES/THE ASSOCIATED PRESS: ''It's time to resolve this issue,'' John Hofmeister, president of Shell Oil Co., told the House Government Reform subcommittee on energy and resources.   more »
View Article  Royal Dutch Shell Plc .com: Congress seeks $10B in oil royalties
The oil companies are steadfastly against renegotiating any of the lease contracts, which involve 56 companies. Last month, the House passed a provision that would bar companies from 2007 offshore leases unless they agree to renegotiate the 1998-99 contracts.   more »
View Article  Associated Press: Shell head says oil industry should tap more domestic resources
Lawmakers and consumers can help make energy more affordable and plentiful by tapping into additional resources, Shell Oil Co. President John Hofmeister said.   more »
View Article  THE NEW YORK TIMES: Oil Company Execs: Fuel Relatively Cheap
''If we didn't have this level of profitability, I don't think we could get the supplies to where they need to get to,'' said the president of Shell Oil Co., John Hofmeister.   more »
View Article  THE NEW YORK TIMES: Nigerian President Says 2 Terms Enough
Instability in the oil-producing southern Niger Delta, however, is a serious concern, both for Nigeria and for the foreign giants like Royal Dutch Shell PLC and Exxon Mobil Corp. that have operations there. Militants have attacked oil facilities and kidnapped oil workers in unrest that Obasanjo blamed on ''many years of accumulation of neglect'' by oil companies and government officials.    more »
View Article  Associated Press: Tough Choice for Big Oil in Nigeria
Attacks claimed by the militant Movement for the Emancipation of the Niger Delta or MEND have already shut down half of all onshore oil operations in the region, forcing the closure of Forcados export terminal, one of the three biggest oil-loading points in Nigeria. Now the group has turned its attention to the eastern delta, where a gas plant run by Royal Dutch Shell's Nigerian subsidiary was attacked last week and five South Koreans working for contractors Daewoo Engineering and Korea Gas Corp. were taken hostage.   more »
View Article  THE NEW YORK TIMES: Business Profs Rethinking Ethics Classes: "The four picked through the cases of Enron, WorldCom, Tyco and Shell".
-Last fall, Bentley College management professor Tony Buono taught a class on corporate scandals with colleagues pitching in from finance, accounting and even the philosophy department. The four picked through the cases of Enron, WorldCom, Tyco and Shell.   more »
View Article  Petroleum News: BP confirms receiving subpoena in Alaska
British oil company BP PLC confirmed June 8 it had received a subpoena from a U.S. grand jury investigating a massive oil leak in Alaska.    more »
View Article  Associated Press: New Orleans court OKs Shell's offshore LNG terminal
A federal appellate court in New Orleans has ruled against a coalition of environmental and fishermen groups that sought to stop the Shell Oil Company from building a liquefied natural gas terminal off Louisiana's coast.   more »
View Article  THE WALL STREET JOURNAL: Nigerian Militants Free Hostages
The hostages were contract workers at the Shell plant near Nigeria's oil hub of Port Harcourt, the Nigerian arm of Royal Dutch Shell PLC said. Shell said it has shut down the plant, which has capacity of 150 million cubic feet of gas a day.   more »
View Article  THE NEW YORK TIMES: Militants in Nigeria Release 6 Hostages
Militants freed one Nigerian and five South Korean oil field workers Thursday, letting the hostages go at the request of a jailed rebel leader.   more »
View Article  The Washington Times: 5 kidnapped, 7 killed in Shell plant attack
MEND, the main militant group in Nigeria, has been responsible for a wave of attacks and abductions this year in the country's oil-rich southern delta. The militants contend that impoverished southern Nigerians aren't getting enough of the oil revenue.   more »
View Article  THE NEW YORK TIMES: Oil Prices Fall on Response From Iran
The mood in energy markets has seesawed from day to day recently with each diplomatic development between Iran, the United Nations and the United States over Tehran's nuclear ambitions. The main fear is that Iran could disrupt oil supplies if provoked by sanctions or some other punishment.   more »
View Article  THE NEW YORK TIMES: Militants: 5 S. Koreans Abducted in Nigeria
Several Nigerian soldiers and one of the assailants were killed in a firefight during the raid, according to the Movement for the Emancipation for the Niger Delta, which claimed responsibility.   more »
View Article  THE WALL STREET TIMES: Nigerian Kidnappers Release Eight Foreign Oil Workers
Earlier this year, the Movement for the Emancipation of the Niger Delta attacked a Royal Dutch Shell PLC field about nine miles offshore, kidnapping four foreign workers. The workers were eventually released unharmed, but Shell shut down production at the field.   more »
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