• The World’s Leading Companies

    Updated: 2010-04-30 08:18:28
    [caption id="" align="alignleft" width="180" caption="(CC) Diorama Sky/Flickr"][/caption] The U.S. banking giant JPMorgan Chase has topped 'The Forbes Global 2000” list of the biggest and most powerful companies worldwide. Their main contenders, in 2nd, 3rd and 4th place respectively, were General Electric, Bank of America and ExxonMobil. The ranking, spanning a total of ...

  • Russian Human Development Report 2009

    Updated: 2010-04-30 08:18:28
    [caption id="" align="alignleft" width="189" caption="(CC) neiljs/Flickr"][/caption] The UN Development Program (UNDP) has published the Human Development Report 2009 for the Russian Federation, “Energy Sector and Sustainable Development”. The study shows how Russia needs to shift its focus towards achieving the goal of energy efficiency. The current economic recession provides new opportunities for ...

  • Higher oil prices lift Royal Dutch Shell’s profits by 60 per cent

    Updated: 2010-04-30 08:16:47
    Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Higher oil prices lift Royal Dutch Shell’s profits by 60 per cent Apr 28th , 2010 by John Donovan April 28, 2010 Robin Pagnamenta , Energy Editor Royal Dutch Shell announced a 60 per cent increase in profits this morning , propelled by higher oil and gas prices and growth in . production Shell , Europe’s biggest oil company , said that the current cost of supply profits , a key industry measure which strips out fluctuations in the price of energy , reached 4.8 billion in the three months to March 31, up from 3 billion a year . ago The performance was boosted by a 6 per cent increase in the Anglo-Dutch company’s oil and gas production ,

  • Shell, PetroChina Bid for Arrow Energy Wins Approval

    Updated: 2010-04-30 08:16:47
    April 30 (Bloomberg) -- Royal Dutch Shell Plc and PetroChina Co. received approval from Australia’s Foreign Investment Review Board to acquire gas producer Arrow Energy Ltd. in a A$3.5 billion ($3.3 billion) transaction.

  • SHELL JOINS CLEAN-UP EFFORT FOR BP SPILL

    Updated: 2010-04-30 08:16:47
    Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library SHELL JOINS CLEAN-UP EFFORT FOR BP SPILL Apr 29th , 2010 by John Donovan Financial Times Multinational petroleum company Royal Dutch Shell RDSa.L has dispatched six boats to assist in cleaning up the oil spill caused by last week’s fatal accident aboard the Deepwater Horizon oil rig . The rig had been drilling a well for BP BP.L in the Gulf of Mexico an area Shell deems very important” , with three new exploration wells identifying reserves that could amount to 350 million barrels . News of Shell’s assistance came as the group reported a 60 percent rise in underlying post-tax profits , with earnings per share up 48 percent at 80 . cents

  • Royal Dutch Shell Delays Oil Sands Expansion, Globe Reports

    Updated: 2010-04-30 08:16:47
    , Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Royal Dutch Shell Delays Oil Sands Expansion , Globe Reports Apr 29th , 2010 by John Donovan April 29 Bloomberg Royal Dutch Shell Plc has put plans to expand operations in Alberta’s oil sands on hold for at least five years , the Globe and Mail reported , citing Marvin Odum the company’s Americas . head Costs to build in the oil sands have increased , prompting the company to delay any decisions to expand its Athabasca Oil Sands project until at least the second half of the decade , the newspaper . said Royal Dutch will instead focus on increasing production at existing facilities , planning to produce a further 30,000 to 80,000 barrels a

  • FIRE AND ICE: Shell and BP’s hunt for offshore oil in Alaska

    Updated: 2010-04-30 08:16:47
    : Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library FIRE AND ICE : Shell and BP’s hunt for offshore oil in Alaska Apr 29th , 2010 by John Donovan An ugly and growing oil leak associated with the explosion and sinking of the Deepwater Horizon oil drilling rig in the Gulf of Mexico last week has raised questions providing new leverage to environmentalists and North Slope residents Alaska Dispatch Craig Medred and Jill Burke Apr 28, 2010 Since the Arctic whaling days of the 1850s , profits on oil from Alaska’s north have fattened the wallets of the global merchant class . The source of the oil changed with the times , but it has continued to flow to the benefit of both commerce and .

  • Big banks, Shell blast CFTC position limit plan

    Updated: 2010-04-30 08:16:47
    , Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Big banks , Shell blast CFTC position limit plan Apr 29th , 2010 by John Donovan Royal Dutch Shell is the only major oil company objecting to the plan by the U.S . Commodity Futures Trading Commission to limit speculative positions in U.S . oil and gas futures . In view of its track record of market manipulation , including false reporting , fictitious sales , fictitious trades and manipulation of natural gas prices the attempt to block regulation is predicable by the predatory oil giant which has no shame . 8221 REUTERS Roberta Rampton and Ayesha Rascoe WASHINGTON Wed Apr 28, 2010 3:43pm ED Reuters The biggest Wall Street energy traders

  • Obama’s Foolish Move

    Updated: 2010-04-30 08:15:21
    Less than a month ago, Barack Obama told us he wants to open 167 million acres of America’s continental shelf to oil drilling. At the time, he promised the nation that we have the technology to do this in a safe, clean and environmentally sound manner. Now, before the ...

  • BP spill: “Burn Baby Burn” is all they have

    Updated: 2010-04-30 08:15:21
    The latest estimates from BP’s oil spill in the Gulf of Mexico are that the amount of oil escaping from the sunken rig is much worse than previously thought. Yesterday the estimates were 1,000 barrels a day. Today that has been revised to 5,000 after a new leak was discovered. The discovery of ...

  • BP’s “Silent Running” Slips Up Over Slick

    Updated: 2010-04-30 08:15:21
    In BP’s magazine last year a senior company executive bragged that the company was focussed on "operational excellence" and “silent running”. “Silent Running” was a new concept within the global oil giant.  The final years of Lord Browne’s reign were plagued by the Texas fire in 2005 when 15 people died ...

  • Chevron in the Dock Again

    Updated: 2010-04-30 08:15:21
    Big Oil company Chevron may have hoped that its legal troubles as far as Nigeria were over. However, in a great victory for human rights campaigners, the 9th Circuit Court of Appeals in San Francisco has fixed June 14, 2010 to open appeal hearings in the case. The case is called ...

  • Avatar director: Tar sands Are “Black Eye” to Canada

    Updated: 2010-04-30 08:15:21
    When faced with a PR battle, one of the fossil fuel industry’s tactics is to set up a supposed grass-roots organisation or “Astroturf” organisation. So Citizens for the Environment had no citizens in it – it was just a front for big oil and other polluting industries. The Global Climate Coalition ...

  • If one volcano can do this, what will peak oil do?

    Updated: 2010-04-30 08:15:21
    To anyone in North America, the Icelandic volcano fiasco must seem something of a distant story, unless you are trying to fly to Europe right now, when it will be a living hell. It is a hell being experienced by hundreds of thousands of people stuck abroad who are unable to ...

  • Ecuador accuses oil firms of “abusing” country

    Updated: 2010-04-30 08:15:21
    It is the latest twist in the on-going soap opera of Ecuadorian oil. You have the Indigenous Indians fighting in the courts in a multi-billion battle against Texaco’s lethal toxic legacy – a battle that has been going on for decades. But now the tiny Latin American country is threatening to follow ...

  • When two worlds collide – the chardonnay wins

    Updated: 2010-04-30 08:15:21
    If you have never been to an oil company AGM it is worth going to watch two parallel words colliding for a few hours. On the one side are the protestors arguing passionately for the company to listen to how their activities are destroying someone’s homeland or are polluting the earth. Up ...

  • Tar Sands Dominates BP’s AGM

    Updated: 2010-04-30 08:15:21
    Oil Giant BP faces a barrage of criticism from investors at today's AGM at the Excel Centre in London Docklands over the environmental cost of its controversial tar sands project in Canada. BP’s showcase presentation to investors and shareholders is being overshadowed by a resolution tabled by over 140 shareholders asking ...

  • Crunch time for the EITI

    Updated: 2010-04-30 08:15:21
    Tomorrow the International Board of the Extractive Industries Transparency Initiative is holding its Annual meeting in Berlin. The EITI was set up by ex-British Prime Minister, Tony Blair to try and improve improved governance in resource-rich countries through the verification and full publication of company payments and government revenues from oil, ...

  • French oil company Total reports 14 percent rise in 1st quarter net profit

    Updated: 2010-04-30 07:54:57
    Total 1st quarter net profit up 14 percent PARIS — French oil company Total SA said Friday its quarterly profit jumped 14 percent thanks to higher crude prices and a return to production growth during the period. Total’s net profit grew to euro2.61 billion ($3.46 billion) in the first quarter, up from euro2.29 billion a year earlier. France’s .... Source article   French oil company Total reports 14 percent rise in 1st quarter net profit.

  • ConocoPhillips, Exxon Mobil profit from higher oil prices while refining business struggles

    Updated: 2010-04-30 00:08:48
    High crude prices driving profit for oil companies Pulling oil from the ground is proving to be easier and more profitable than getting drivers to fill up their cars and trucks with gasoline and diesel fuel. Exxon Mobil and ConocoPhillips, the No. 1 and No. 3 oil companies in the U.S., said Thursday that first-quarter profit jumped .... Read the original article   here.

  • Two More Cases of Prison-Born Extremism

    Updated: 2010-04-29 22:44:53
    Click here for my latest FPM article. This is about two recent incidents that you almost certainly haven’t heard about. In one, a prison convert murders his family in a mass honor killing. In another, a prison convert that has traveled to the Afghan-Pakistani border areas is found with a stockpile of weapons. In the [...]

  • Democratic Movement in Egypt Grows

    Updated: 2010-04-29 22:42:35
    The New York Times describes how the democracy movement is growing in Egypt. Mohamed El-Baradei, the former head of the IAEA, suspected of planning to challenge Mubarak’s son for the presidency. Americans usually don’t like that because he is anti-American and has been communicating with the Muslim Brotherhood opposition movement. The West must truly fear [...]

  • Weapons Hold

    Updated: 2010-04-29 21:59:45
    Debka is reporting that American commanders in the Persian Gulf Area (Fifth Fleet) may not fire upon Iranian forces without permission from the Commander-in-Chief. The US Fifth Fleet and US aircraft carrier USS Eisenhower in the Gulf of Oman were not allowed to shoot at an Iranian Fokker F27 aircraft which on April 21 hovered [...]

  • Iran Labor Update 29 Apr 10

    Updated: 2010-04-29 21:41:30
    These from our friends in Iran. April 27, 2010 - In solidarity with the deprived laborers of Iran, the people of Tehran in the regions of Imam Hossein, Tehran No, Sarcheshmeh, Yusef Abad and Javadieh chanted ‘Allah O Akbar’ (God is Great) and ‘Death to Khamenei’ (the regime’s Supreme Leader) at night from their rooftops and [...]

  • Oil spill worsens, offshore drilling plans in dire straits?

    Updated: 2010-04-29 21:01:00
    , Follow us on About Contact Popular today Reader blogs Science shop Register Login RSS Home content Oil spill worsens , offshore drilling plans in dire straits The Deepwater Horizon explosion and oil spill keeps getting worse--now gushing more than 200,000 gallons per day according to NOAA estimates--five times more than original estimates and more than BP's absolute worst case scenario in disaster plans filed with the government . That may not change any time soon . The last big blowout , at Ixtoc off Mexico in 1979, took almost a year to stop and spilled some 140 million gallons of oil before it was through , making it still the second largest oil spill ever Saddam Hussein's intentional opening of the Kuwaiti and Iraqi wells during the first Gulf War remains , by far , the largest oil

  • Gulf of Mexico Oil Spill: BP's $6 Million-a-Day Crisis

    Updated: 2010-04-28 19:39:38
    BP is spending more than $6 million a day to secure a well in the Gulf of Mexico that is leaking an estimated 1,000 barrels a day.

  • Trucker Missile Updated

    Updated: 2010-04-28 05:31:02
    This is a link to a YouTube video that is produced by the makers of the Club-M showing how it might be used. The colors depict the United States in blue and our enemy in orange. This is standard. The background music is from the sound track to Pirates of the Caribbean. Note the three [...]

  • Iran’s Secret Uranium Deal with Zimbabwe

    Updated: 2010-04-27 14:19:45
    Click here for my latest Pajamas Media article. This is about the reports that Zimbabwe is going to allow Iran to mine uranium in its country in return for oil. This is a sign that the reports are true that Iran is running very low on uranium ore. Their centrifuges, many of which are not [...]

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