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View Article  SAN FRANCISCO CHRONICLE: Chavez putting up a fight to get even bigger stake in oil Venezuela’s rich reserves give it bargaining power

By ROBERT COLLIER
Tuesday, September 26, 2006

El Tigre, Venezuela — On the hot, shrub-covered plains around this dusty, dingy ...   more »

View Article  San Francisco Chronicle: Coaxing oil from huge U.S. shale deposits

Robert Collier, Chronicle Staff Writer

Monday, September 4, 2006

(09-04) 04:00 PDT Meeker, Colo. — Underneath the high, scrub-covered rangeland ...   more »

View Article  The Wall Street Journal: Oil News Roundup: September 1, 2006 4:59 p.m.

THE WALL STREET JOURNAL ONLINE
September 1, 2006 4:59 p.m.

Crude oil prices tumbled to nearly $69 a barrel on ...   more »

View Article  Moscow Times: Shell Rejects Environment Report: Monday, August 28, 2006.
The Royal Dutch Shell-led Sakhalin Energy venture rejected a report that it had failed to respond to a list of environmental violations.   more »
View Article  ST. LOUIS POST-DISPATCH: Steelman is a terror with state fund

EXTRACT: Two already have been tossed out: Royal Dutch Shell, for drilling for oil in Iran, and Deutsche Bank, for ...   more »

View Article  FloridaToday.com: Shell president wants oil exploration

BY SCOTT BLAKE
FLORIDA TODAY

Shell Oil Co. President John Hofmeister on Tuesday delivered Big Oil’s message to the masses. ...   more »

View Article  The Wall Street Journal: Putin Signs Law That Confirms Gazprom’s Export Monopoly
President Vladimir Putin signed a law that enshrines the monopoly over Russia’s gas exports of OAO Gazprom, the world’s largest gas company, his office said.   more »
View Article  Dow Jones Newswires: Shell Aims To Complete Sakhalin Swap By End '06
MOSCOW -(Dow Jones)- Royal Dutch Shell PLC (RDSA) aims complete the swap of a stake in its Sakhalin-2 project for assets belonging to Russian natural gas giant OAO Gazprom (GSPBEX.RS) by the end of the year, Shell chief executive Jeroen Van der Veer said in an interview with Russian newspaper Vedomosti published Tuesday.    more »
View Article  Forbes.com: Energy Tsar
Vladimir Putin is using publicly traded Gazprom, and its monster reserves, to remake Russia. Should you own a piece of it?   more »
View Article  THE WALL STREET JOURNAL: Rosneft IPO Seen Near Range's Top
Royal Dutch Shell PLC, which had been talking to Rosneft about an investment of around $1 billion, may not end up on the order books...   more »
View Article  THE WALL STREET JOURNAL: Oil News Roundup
SHENHUA AND SHELL: Royal Dutch Shell PLC and Shenhua Ningxia Coal Industry Co. -- a unit of Shenhua Group, China's top coal producer -- agreed to pursue a three-year study of a coal-to-liquids plant in the remote western Ningxia region, taking another step closer to a project that could involve an investment of $5 billion to $6 billion.more »
View Article  THE WALL STREET JOURNAL: Rosneft Halts IPO Orders A Day Ahead of Schedule
Royal Dutch Shell PLC also is considering investing, although at the low end of the price range, meaning it might not participate, these people said.   more »
View Article  The Houston Chronicle: Ultra, Shell get clearance to put wells closer together
Ultra Petroleum Corp. and Royal Dutch Shell have received approval from Wyoming to tighten well spacing in the Pinedale natural gas field to lift output, Ultra said Tuesday.   more »
View Article  CentreDaily.com: The political tide is favoring Big Oil
After hurricanes Katrina and Rita hammered the Gulf Coast last summer, authorities responded to at least 595 oil, gas and chemical spills in the region, according to a study by The Houston Chronicle.   more »
View Article  THE NEW YORK TIMES: Volcanic Leaks Point to Climate Gas Storage Risks
Many companies are researching carbon storage, including Schlumberger, Alstom and oil companies such as Shell and Statoil.   more »
View Article  The Boston Globe: State pension fund has ties to firms operating in Sudan
The pension fund's investments in Sudan and Iran are dominated by foreign oil firms. The fund has $119.8 million in Royal Dutch Shell and $33.3 million in PetroChina, which both operate in Sudan and Iran.   more »
View Article  THE HOUSTON CHRONICLE: Royal Dutch Sells Assets to Gilligan
Dutch energy company Royal Dutch Shell PLC said Wednesday its Shell Oil Products U.S. division has sold stakes in 31 sites and 10 fuel supply contracts to Gilligan Oil Co., an Ohio wholesaler, for an undisclosed sum.   more »
View Article  Bangor Daily News: Negotiating Royalties
Many large companies, which own the vast majority of leases, such as Shell Oil and Chevron Corp., say they are ready to discuss changes in the lease agreements to resolve the issue.   more »
View Article  The Houston Chronicle: Japan has a request of Exxon Mobil
Combining Exxon Mobil-led Sakhalin-1 and Shell-led Sakhalin-2 would reduce costs and prices. Shell last July doubled its estimate for the cost of developing Sakhalin-2 to $20 billion, and Russia's Gazprom is reviewing cost overruns.   more »
View Article  Royal Dutch Shell Plc .com: Rosneft Courts Share Buyers
From THE WALL STREET JOURNAL: By BENOÎT FAUCON: BP PLC of the U.K., Anglo-Dutch major Royal Dutch Shell PLC; India’s Oil & Natural Gas Corp., or ONGC; China Petrochemical Corp., or Sinopec; and China National Petroleum Corp. are among the companies that have been offered a large share of Rosneft’s IPO, said people involved in both sides of the talks.   more »
View Article  Royal Dutch Shell Plc .com: Iraq Offers to Sell Kirkuk Oil Through Term Contracts
FROM THE WALL STREET JOURNAL: It announced Friday that it awarded some 3.6 million barrels in a second tender to Repsol, Royal Dutch Shell and Vitol's North Atlantic.    more »
View Article  Royal Dutch Shell Plc .com: The False Hope of Biofuels
It's difficult to understand how advocates of biofuels can believe they are a real solution to kicking our oil addiction.   more »
View Article  Royal Dutch Shell Plc .com: Chevron Gets Sole Rights to Texaco Brand
From The Houston Chronicle/The Associated Press: Oil giant Chevron Corp. said Friday it is now the sole owner of U.S. rights to the Texaco brand of gas after a licensing agreement with Royal Dutch Shell PL expired.   more »
View Article  Royal Dutch Shell Plc .com: Methvin to head Shell Chemical
From Houston Business Journal: Stacy Methvin has been appointed president and CEO of Shell Chemical LP, effective July 1.    more »
View Article  Royal Dutch Shell Plc .com: Judge sides with gas station owner fighting Shell Oil
From San Jose Mercury News: At issue is whether Shahbazi defamed Shell and thus broke his franchise agreement last fall when he passed out fliers and erected two large signs outside his station attacking Big Oil.   more »
View Article  Royal Dutch Shell Plc .com: Lessons from Katrina
From Macon.com: One of the biggest hits was to the Mars platform, a giant offshore facility operated by Shell that accounts for about 5 percent of all Gulf Coast production.   more »
View Article  Royal Dutch Shell Plc .com: Saudi says crude is flowing freely
From The Houston Chronicle: John Hofmeister, president of Shell Oil, said U.S. interdependence with Middle Eastern oil producers is fundamental to sustained economic growth for countries throughout the world.   more »
View Article  Royal Dutch Shell Plc .com: Shell Touts Fuel Quality This Summer Through Multi-Million Dollar Marketing Campaign
Forbes: Shell Oil Products US, the marketer of the No. 1-selling gasoline brand in America, launched a $30 million marketing campaign on June 19 to communicate that all gasolines are not the same.   more »
View Article  HuffingtonPost.com: Raymond J. Learsy: Oil Executives Morph Into Talking Heads On NBC's "Meet The Press"
Mr. John Hofmeister, president of Shell Oil informed us that "If we didn't have this level of profitability, I don't think we could get supplies to where they need to get to." The clucking noise of acknowledged contentment you heard in the background, was that of Lee Raymond, erstwhile chairman of Exxon-Mobil, counting his $400 million retirement package for having personally pumped gas into your car.   more »
View Article  THE NEW YORK TIMES: Chevron Says It Still Expects Gorgon Gas Approval
ExxonMobil (XOM.N) and Royal Dutch Shell (RDSa.L) each have a 25 percent stake in the project.   more »
View Article  THE WALL STREET JOURNAL: Gazprom, Shell Mull Siberia Plant
Gazprom and Royal Dutch Shell PLC are thinking about building a gas-to-liquids plant in Western Siberia in a project potentially valued at $8 billion, Gazprom 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  St. Petersburg Times, FL: Shell Oil eyes drilling west of Clearwater
Shell Oil Co. probably will apply within a month for a federal permit to drill an exploratory well 53 miles west of Clearwater, an operation that will take up to three months and go down 18,000 feet into the floor of the Gulf of Mexico.   more »
View Article  BLOOMBERG: Chevron, Conoco, Shell Defend Oil Profits, Citing High Demand
Exxon Mobil, BP, Shell, Chevron and Total, the five largest publicly traded oil companies, earned about $29 billion in the first quarter of this year, or $4.46 for every person on Earth.    more »
View Article  The Dallas Morning News: Shell strategy leaves room for alternative fuels
John Hofmeister, president of Shell Oil Co., kicked off a 50-city public relations tour Friday in Dallas, the latest attempt by a big oil executive to explain that consumers aren't getting ripped off.    more »
View Article  THE NEW YORK TIMES: U.S.-Style Pay Packages Are All the Rage in Europe
For example, Lord Browne of BP, Britain's largest company by stock market value, was awarded $18.5 million in compensation, including $2.6 million in salary and $7.16 million in long-term compensation, and Jeroen van der Veer, the head of Royal Dutch Shell, last year was awarded $12.7 million...   more »
View Article  Houston Business Journal: Shell stations to distribute multilingual disaster preparedness pamphlets
The American Red Cross is teaming up with Shell Oil Co. and Motiva Enterprises LLC to make multilingual disaster preparedness pamphlets available to Gulf Coast area residents in Shell stations throughout Texas, Louisiana, Mississippi, Alabama, Georgia and Florida.    more »
View Article  THE WALL STREET JOURNAL: Exxon May Find Pipeline Self-Competing
With costs rising, the Mackenzie consortium -- whose partners also include Royal Dutch Shell PLC unit Shell Canada Ltd., ConocoPhillips and others -- last year raised projected capital costs by 50% to C$7.5 billion (US$6.8 billion) from about C$5 billion forecast in 2002.   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  Bangor Daily News: The LNG Question: Does Liquefied Natural Gas Have a Viable Future in Maine?
The Sakhalin II project has been beset by construction complications and underestimated costs, which now have ballooned to approximately $20 billion. The project, which has Royal Dutch Shell as its majority owner, also has raised environmental concerns about dredging and the effect of its ocean operations on whale migration routes.   more »
View Article  The WALL STREET JOURNAL: Oil News Roundup: June 10, 2006
Tony Chukwueke, director of Nigeria's Department of Petroleum Resources, sent ripples through global oil markets when he said militants had shut down about 800,000 barrels a day of his country's oil production.   more »
View Article  BREITBART.COM: World's who's who hold secret talks in Ottawa
Other attendees seen arriving in Ottawa on Thursday included former Canadian ambassador to Washington Frank McKenna, Royal Dutch Shell chairman Jorma Ollila, former World Bank president James Wolfenson and Scandinavian Airlines chairman Egil Myklebust, according to reports. Conspiracy theorists who follow the group accuse it of plotting world domination at its informal annual gatherings.    more »
View Article  Seattle Post-Intelligencer: UW board approves 7% tuition increase (UW intends to divest Shell shares)
The university invests in at least one company that does business with the Sudan government -- the oil company Royal Dutch Shell. The UW, which has less than a $1 million stake in that company, intends to divest its shares.   more »
View Article  The Washington Post: Stilling the Qualms Before the Storms
Shell Oil Co.'s "Mars" platform in the Gulf of Mexico had been through hurricanes, but nothing had prepared it for Hurricane Katrina last year. For four hours, the platform was lashed by 175 mile-per-hour winds and slapped by 80-foot waves. The platform's tall drilling rig, which looks like a bad copy of the Eiffel Tower, toppled over, and the rig's 1,000-ton substructure was ripped free, lifted into the air and dropped onto the platform.   more »
View Article  The WALL STREET JOURNAL: Oil News Roundup: Friday June 9, 2006: ZARQAWI'S EFFECT ON OIL:
Many traders realized soon enough that the welcome end of one menace in Iraq didn't mean crude oil was suddenly free to gush from Iraq's pipes. Sectarian and insurgent violence won't end tomorrow. Iraq's oil infrastructure, meanwhile, was in awful shape after decades of neglect ...   more »
View Article  Free Market News Network: NIGERIA’S STRUGGLE WITH CORRUPTION
EXTRACTS: "Between 1970 and the early 2004, more than $450 billion in oil money flowed into Nigerian government coffers, which simply vanished into private pockets. Nigerians are now asking what happened to the "oil money." The situation deteriorated so rapidly that Nigeria often ranks as the most corrupt nation and the scam capital of the world. ": "Ken Saro-Wiwa started the Movement for the Survival of the Ogoni People (MOSOP), demanded $10 billion for environmental damage and royalties from the federal government and Royal Dutch/Shell, and threatened to secede the area from Nigeria.": " In May 1995 Saro-Wiwa was arrested; he and eight others were hanged on November 10, 1995 despite a chorus of international pleas for clemency.": "In the 35 years that Shell operated the Batan field, oil spills have spoiled the village's traditional livelihood of fishing. Further, villagers must paddle for three hours to find clean water."   more »
View Article  THE WALL STREET JOURNAL: Five Korean Gas Workers Taken Hostage in Nigeria
MEND, the main militant group in Nigeria, has been responsible for a wave of attacks and hostage takings this year in the country's oil-rich southern delta. The militants say impoverished southern Nigerians aren't getting enough benefit from the oil revenue flowing from their land.   more »
View Article  The WALL STREET JOURNAL ONLINE: Oil News Roundup: Thursday June 8, 2006
GREENSPAN ON OIL: MORE TROUBLE IN NIGERIA: UNEASE OVER IRAN:   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 »
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