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Archive for September 15th, 2006

Russia requests production sharing project data from Total, Exxon, Shell

Russian authorities have requested that foreign energy majors in production sharing agreements with the Russian government turn over their technical and financial data.
The request from the Russian natural resources ministry was addressed to the Russian offices of Total, Exxon and Royal Dutch Shell, which are all working on major energy projects in Siberia.
The requested data [...]

Friday, September 15th, 2006

Black future lies ahead for big oil

BP'S troubles with its leaky Alaskan pipes are small beer. For a real glimpse of big oil's coming travails, take a look at Royal Dutch Shell and its huge project on Sakhalin Island.

Costs at the north Pacific project have doubled to 10.6bn, as the consortium struggles in the harsh Arctic terrain, while state-owned monopoly Gazprom [...]

Friday, September 15th, 2006

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