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For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Iraq Sun.com http://www.iraqsun.com/index.php/cat/bef2bf598e76a3e6/ en-us Wed, 22 May 2013 11:09:16 -0400 Wed, 22 May 2013 11:09:16 -0400 30 Plans to redevelop the Shell Centre on London's South Bank have been approved, developers said.The 1.45 million sq ft scheme will transform the 1960s office site, providing new offices for Shell and other businesses as well as hundreds of new homes and shops.Under the plan by Braeburn Estates, a joint venture of Canary Wharf Group and Qatari Diar, there will be open and attractive public ... http://www.iraqsun.com/index.php/sid/214683621/scat/bef2bf598e76a3e6 Wed, 22 May 2013 04:29:56 -0400 http://www.iraqsun.com/index.php/sid/214683621/scat/bef2bf598e76a3e6 The hunt for Shell’s next chief executive was under way, its chairman Jorma Ollila said yesterday, after current boss Peter Voser made what could be his last appearance at the oil group’s annual shareholder meeting. Voser announced his surprise decision three weeks ago to step down in the first half of 2014, before his 56th birthday, and less than five years into the role. Inside ... http://www.iraqsun.com/index.php/sid/214681719/scat/bef2bf598e76a3e6 Wed, 22 May 2013 02:21:35 -0400 http://www.iraqsun.com/index.php/sid/214681719/scat/bef2bf598e76a3e6 Qatar's sovereign wealth fund has secured local government approval to build almost 900 homes and eight office blocks at the site of Royal Dutch Shell's London ... http://www.iraqsun.com/index.php/sid/214681728/scat/bef2bf598e76a3e6 Wed, 22 May 2013 02:14:57 -0400 http://www.iraqsun.com/index.php/sid/214681728/scat/bef2bf598e76a3e6 The second signing is for a turnkey project to build the Al-Kharj 2 380 kV substation. Under the contract, Siemens will supply all key components and will also build the ... http://www.iraqsun.com/index.php/sid/214681800/scat/bef2bf598e76a3e6 Wed, 22 May 2013 01:55:44 -0400 http://www.iraqsun.com/index.php/sid/214681800/scat/bef2bf598e76a3e6 U.S. crude futures prices fell below $96 a barrel on Wednesday after an unexpected increase in U.S. gasoline stockpiles ahead of the summer driving season in the world's largest oil ... http://www.iraqsun.com/index.php/sid/214678736/scat/bef2bf598e76a3e6 Tue, 21 May 2013 22:50:00 -0400 http://www.iraqsun.com/index.php/sid/214678736/scat/bef2bf598e76a3e6 May 21, 2013 /CNW/ - Irving Oil today announced that Acadia University will begin receiving compressed natural gas (CNG) at its location in Wolfville, Nova Scotia this year. The University will be the first facility in the Annapolis Valley to receive compressed natural gas via truck transport. "We're very pleased to have partnered with Acadia University and are pleased they ... http://www.iraqsun.com/index.php/sid/214677763/scat/bef2bf598e76a3e6 Tue, 21 May 2013 21:33:56 -0400 http://www.iraqsun.com/index.php/sid/214677763/scat/bef2bf598e76a3e6 Tue May 21, 2013 8:03pm EDT May 21 (Reuters) - Kinder Morgan Energy Partners LP said on Tuesday that shippers on its routinely overbooked Trans Mountain oil pipeline system between Alberta and the Pacific Coast will be limited to only 37 percent of their hoped-for volumes in June. Kinder Morgan said capacity on the system, which carries Canadian crude to Vancouver area and Washington state ... http://www.iraqsun.com/index.php/sid/214676679/scat/bef2bf598e76a3e6 Tue, 21 May 2013 20:03:35 -0400 http://www.iraqsun.com/index.php/sid/214676679/scat/bef2bf598e76a3e6 Saudi Aramco has awarded Larsen & Toubro (L&T) a contract to build facilities including a gas processing plant for its Midyan gas field, Reuters has reported. Under the contract, L&T is to build a plant with a processing capacity of 75 million standard cubic feet per day (scfd) of non-associated gas and 4,500 barrels of condensate per day, said the executive director of project ... http://www.iraqsun.com/index.php/sid/214675483/scat/bef2bf598e76a3e6 Tue, 21 May 2013 19:20:02 -0400 http://www.iraqsun.com/index.php/sid/214675483/scat/bef2bf598e76a3e6 Italian oil and gas industry contractor Saipem has awarded Oceaneering International the contract to supply umbilicals for the Burullus West Delta Deep Marine Phase IXa development located offshore Egypt. The order includes 10 subsea production control umbilicals totalling approximately 84km in length and two electrical power cables totalling around 55km in length. The project is set to be ... http://www.iraqsun.com/index.php/sid/214675482/scat/bef2bf598e76a3e6 Tue, 21 May 2013 19:20:02 -0400 http://www.iraqsun.com/index.php/sid/214675482/scat/bef2bf598e76a3e6 Saudi Aramco is seeking bids for the construction of a 2,400 megawatt (MW) power plant in Jazan, near a 400,000 barrel-per-day oil refinery which it is currently building, Reuters has reported, citing two industry sources. The plant will use integrated gasification combined cycle (IGCC) technology to convert vacuum residue fuel from the refinery into a synthetic gas, the oil company said in a ... http://www.iraqsun.com/index.php/sid/214675485/scat/bef2bf598e76a3e6 Tue, 21 May 2013 19:20:01 -0400 http://www.iraqsun.com/index.php/sid/214675485/scat/bef2bf598e76a3e6 Chevron Corp is in advanced talks to sell its downstream assets in Egypt and Pakistan, with the planned disposals seen raising around $300m for the US energy firm, Reuters has reported. The energy firm has received at least three non-binding bids for the assets from interested parties, which include regional and international energy companies, one of the sources said, declining to provide details ... http://www.iraqsun.com/index.php/sid/214675484/scat/bef2bf598e76a3e6 Tue, 21 May 2013 19:20:01 -0400 http://www.iraqsun.com/index.php/sid/214675484/scat/bef2bf598e76a3e6 These crude oil hedges will reduce cash flow volatility and help protect funds from operations which enhances our ability to make dividend payments and fund our capital expenditure program. Longview's business strategy is to provide shareholders with attractive long term returns that combine both income and moderate growth by exploiting its assets in a financially disciplined manner and ... http://www.iraqsun.com/index.php/sid/214675487/scat/bef2bf598e76a3e6 Tue, 21 May 2013 19:16:55 -0400 http://www.iraqsun.com/index.php/sid/214675487/scat/bef2bf598e76a3e6 Toscana Energy Income Corporation is a conventional oil and gas producer with the mandate to acquire high quality, long life oil and gas assets including royalties, non-operated working interests and unitized production for yield and capital appreciation. Toscana Energy Income Corporation is managed by Sprott Toscana through Toscana Energy Corporation. Sprott Toscana is a member of the ... http://www.iraqsun.com/index.php/sid/214675486/scat/bef2bf598e76a3e6 Tue, 21 May 2013 19:16:54 -0400 http://www.iraqsun.com/index.php/sid/214675486/scat/bef2bf598e76a3e6 Federal Reserve presidents and sent the Dow Jones industrial average to its 22nd high of the year Tuesday. Regional Fed Presidents James Bullard ... http://www.iraqsun.com/index.php/sid/214676307/scat/bef2bf598e76a3e6 Tue, 21 May 2013 18:57:14 -0400 http://www.iraqsun.com/index.php/sid/214676307/scat/bef2bf598e76a3e6 WASHINGTON -; The White House says President Barack Obama opposes a House bill that would speed approval of the proposed Keystone XL oil pipeline from Canada to ... http://www.iraqsun.com/index.php/sid/214671222/scat/bef2bf598e76a3e6 Tue, 21 May 2013 17:09:21 -0400 http://www.iraqsun.com/index.php/sid/214671222/scat/bef2bf598e76a3e6 May 21, 2013 /CNW/ - Pacific NorthWest LNG Ltd. has awarded Front-End Engineering and Design ("FEED") contracts for its proposed liquefied natural gas ("LNG") facility in British Columbia to three international engineering contractors - Bechtel, KBR/JGC joint venture, and Technip/Samsung Engineering/China Huanqiu joint ... http://www.iraqsun.com/index.php/sid/214671223/scat/bef2bf598e76a3e6 Tue, 21 May 2013 16:52:17 -0400 http://www.iraqsun.com/index.php/sid/214671223/scat/bef2bf598e76a3e6 May 21, 2013 /CNW/ - High Arctic Energy Services Inc. (TSX: HWO) ("High Arctic" or the "Corporation") is pleased to announce that its Board of Directors has approved a monthly dividend payment of $0.0125 per share to holders of common shares. The dividend is payable ... http://www.iraqsun.com/index.php/sid/214671224/scat/bef2bf598e76a3e6 Tue, 21 May 2013 16:52:17 -0400 http://www.iraqsun.com/index.php/sid/214671224/scat/bef2bf598e76a3e6 A forklift driver in an East Rutherford, N.J., food warehouse escaped injury when a 40-foot-wide hole opened in the warehouse floor, witnesses said. Driver Danny Rodriguez was moving pallets with his forklift Monday afternoon when the hole, 30 to 40 feet wide, 6 to 10 feet deep, opened suddenly, The (Hackensack, N.J.) Record reported Tuesday. Rodriguez and the forklift fell into the hole and ... http://www.iraqsun.com/index.php/sid/214672106/scat/bef2bf598e76a3e6 Tue, 21 May 2013 16:32:23 -0400 http://www.iraqsun.com/index.php/sid/214672106/scat/bef2bf598e76a3e6 A Perth schoolteacher "storm chasing" with her meteorologist husband in the US described how debris hit their car and they saw buildings levelled as the killer tornado crossed a highway in front of them in Oklahoma.Melissa Marshall let friends know via Facebook that she, husband Brayden and two other friends were safe as she described being about a kilometre from the storm."The ... http://www.iraqsun.com/index.php/sid/214669276/scat/bef2bf598e76a3e6 Tue, 21 May 2013 16:00:38 -0400 http://www.iraqsun.com/index.php/sid/214669276/scat/bef2bf598e76a3e6 The hunt for Shell's next chief executive is under way, its chairman said on Tuesday, after CEO Peter Voser made what could be his last appearance at ... http://www.iraqsun.com/index.php/sid/214669300/scat/bef2bf598e76a3e6 Tue, 21 May 2013 15:29:22 -0400 http://www.iraqsun.com/index.php/sid/214669300/scat/bef2bf598e76a3e6 Peter Voser, chief executive of Shell, was awarded a 2.8m bonus after a year in which the company lost 1.05bn. Photograph: Ben Stansall/AFP/Getty ... http://www.iraqsun.com/index.php/sid/214667624/scat/bef2bf598e76a3e6 Tue, 21 May 2013 14:34:50 -0400 http://www.iraqsun.com/index.php/sid/214667624/scat/bef2bf598e76a3e6 Petroleum Development Oman (PDO) and US GlassPoint Solar have commissioned the Middle East's first solar enhanced oil recovery (EOR) project, the project partners said on ... http://www.iraqsun.com/index.php/sid/214667911/scat/bef2bf598e76a3e6 Tue, 21 May 2013 14:29:02 -0400 http://www.iraqsun.com/index.php/sid/214667911/scat/bef2bf598e76a3e6 The Abu Dhabi Crude Oil Pipeline allows the transportation of onshore crude from Habshan in Abu Dhabi to a terminal and export facilities in Fujairah. Courtesy ... http://www.iraqsun.com/index.php/sid/214665269/scat/bef2bf598e76a3e6 Tue, 21 May 2013 13:28:24 -0400 http://www.iraqsun.com/index.php/sid/214665269/scat/bef2bf598e76a3e6 The Hague - The hunt for Royal Dutch Shell's next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last appearance at the oil group's annual shareholder ... http://www.iraqsun.com/index.php/sid/214665086/scat/bef2bf598e76a3e6 Tue, 21 May 2013 13:18:20 -0400 http://www.iraqsun.com/index.php/sid/214665086/scat/bef2bf598e76a3e6 THE HAGUE, The Netherlands - The European Union probe into potential energy-price manipulation has made no adverse findings against Royal Dutch Shell PLC, the company's chief executive Peter Voser said Tuesday. European antitrust regulators raided the offices of Shell last week, as well as those of BP PLC, Statoil ASA and price-index firm Platts, a division of McGraw Hill Financial Inc. ... http://www.iraqsun.com/index.php/sid/214663419/scat/bef2bf598e76a3e6 Tue, 21 May 2013 12:12:10 -0400 http://www.iraqsun.com/index.php/sid/214663419/scat/bef2bf598e76a3e6 Miscellaneous views of the new Exxon Mobil campus under construction in Spring, Texas. Friday, April 12, 2013. (Photo by Michael Stravato) Irving-based Exxon Mobil Corp. is building a 20-building campus on 385 acres in north Houston, and according to the Houston Business Journal, it's one of the largest construction projects under way in the United States. The HBJ got a sneak peek at the ... http://www.iraqsun.com/index.php/sid/214665065/scat/bef2bf598e76a3e6 Tue, 21 May 2013 11:11:19 -0400 http://www.iraqsun.com/index.php/sid/214665065/scat/bef2bf598e76a3e6 Peter Voser, chief executive officer of Royal Dutch Shell Plc, Its too early to predict how the European oil-price fixing probe will be resolved, said Peter Voser, CEO of Royal Dutch Shell Plc (NYSE: RDS-A), Bloomberg is reporting. The Netherlands-based company, along with Londons BP Plc (NYSE: BP) and Norwegian Statoil ASA (NYSE: STO), have been targeted as part of a European Commission ... http://www.iraqsun.com/index.php/sid/214665115/scat/bef2bf598e76a3e6 Tue, 21 May 2013 11:01:40 -0400 http://www.iraqsun.com/index.php/sid/214665115/scat/bef2bf598e76a3e6 European anti-trust authorities have launched investigations into at least three oil companies on suspicion of price-fixing. Britain's BP, Royal Dutch Shell and Norway's Statoil confirmed they are subject to the inquiry announced Tuesday by the European Union's executive arm, the Commission. Statoil said a raid at its headquarters in Stavanger, Norway, was carried out with the ... http://www.iraqsun.com/index.php/sid/214663442/scat/bef2bf598e76a3e6 Tue, 21 May 2013 10:36:16 -0400 http://www.iraqsun.com/index.php/sid/214663442/scat/bef2bf598e76a3e6 Royal Dutch Shell is pushing ahead with plans for the world's deepest offshore oil and gas production facility. It will be nearly two miles beneath the surface of the Gulf of Mexico, off the coast of Louisiana. It is testing the bounds of the oil and gas industry's capability to drill ever ... http://www.iraqsun.com/index.php/sid/214663443/scat/bef2bf598e76a3e6 Tue, 21 May 2013 10:36:09 -0400 http://www.iraqsun.com/index.php/sid/214663443/scat/bef2bf598e76a3e6 Anglo-Dutch oil company Royal Dutch Shell PLC has awarded Wood Group PSN and Consolidated Contractors Company, or CCC, a commissioning services contract, Wood Group said in a statement Tuesday. The contract is to commission the first phase of the super giant Majnoon oil field in southern Iraq, it said without giving the value of the contract. Wood Group-CCC, or WGCCC, will be responsible for ... http://www.iraqsun.com/index.php/sid/214663445/scat/bef2bf598e76a3e6 Tue, 21 May 2013 10:36:06 -0400 http://www.iraqsun.com/index.php/sid/214663445/scat/bef2bf598e76a3e6 1st quarter 2013 unaudited results (excerpt) • Royal Dutch Shell’s first quarter 2013 earnings, on a current cost of supplies (CCS) basis (see Note 1), were $8.0 billion compared with $7.7 billion for the first quarter 2012. • First quarter 2013 CCS earnings excluding identified items (see page 6) were $7.5 billion compared with $7.3 billion for the first quarter 2012, an ... http://www.iraqsun.com/index.php/sid/214663446/scat/bef2bf598e76a3e6 Tue, 21 May 2013 10:36:04 -0400 http://www.iraqsun.com/index.php/sid/214663446/scat/bef2bf598e76a3e6 The Board of Royal Dutch Shell plc ("Shell") today announced that Peter Voser, as Chief Executive Officer, has elected to retire from the Company in the first half of 2014. Peter Voser was appointed CEO with effect from July 2009 and has been an Executive Director since 2004. Shell’s Chairman Jorma Ollila said "Peter’s leadership of Shell over the last 4 years has ... http://www.iraqsun.com/index.php/sid/214663447/scat/bef2bf598e76a3e6 Tue, 21 May 2013 10:36:02 -0400 http://www.iraqsun.com/index.php/sid/214663447/scat/bef2bf598e76a3e6 By Andrew CallusTHE HAGUE (Reuters) - The hunt for Royal Dutch Shell's next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last appearance at the oil group's annual shareholder meeting.Voser announced his surprise decision three weeks ago to step down in the first half of 2014, before his 56th birthday, and less than five years ... http://www.iraqsun.com/index.php/sid/214661988/scat/bef2bf598e76a3e6 Tue, 21 May 2013 10:04:13 -0400 http://www.iraqsun.com/index.php/sid/214661988/scat/bef2bf598e76a3e6 A view of the new Exxon Mobil campus under construction south of the Woodlands. Construction is underway on nearly 20 buildings at Exxon Mobil Corp.s (NYSE: XOM) 385-acre campus in north Houston, one of the largest construction projects in the U.S. The buildings are in various phases of construction, and every day more than 3,000 workers are on the site, which is on land Exxon owns, the company ... http://www.iraqsun.com/index.php/sid/214663408/scat/bef2bf598e76a3e6 Tue, 21 May 2013 09:58:21 -0400 http://www.iraqsun.com/index.php/sid/214663408/scat/bef2bf598e76a3e6 May 21, 2013 /CNW/ - ArPetrol Ltd. ("ArPetrol" or the "Company") (TSXV: RPT) announces its financial and operating results for the three months ... http://www.iraqsun.com/index.php/sid/214662157/scat/bef2bf598e76a3e6 Tue, 21 May 2013 09:42:18 -0400 http://www.iraqsun.com/index.php/sid/214662157/scat/bef2bf598e76a3e6 May 21, 2013 /CNW/ - American Eagle Energy Corporation (OTCQX:AMZG; "American Eagle" or the "Company") files Form 10-Q and provides results of operations for the first quarter of 2013. ... http://www.iraqsun.com/index.php/sid/214662158/scat/bef2bf598e76a3e6 Tue, 21 May 2013 09:42:17 -0400 http://www.iraqsun.com/index.php/sid/214662158/scat/bef2bf598e76a3e6 Three reasons to go Premium! 1. Unlock details of over 3,000 companies 2. Have access to 11,000 oil industry people profiles 3. Full address details of over 5000 ... http://www.iraqsun.com/index.php/sid/214662159/scat/bef2bf598e76a3e6 Tue, 21 May 2013 09:32:56 -0400 http://www.iraqsun.com/index.php/sid/214662159/scat/bef2bf598e76a3e6 Around 80 percent of workers at Kuwait's main, state-run oil services company are on strike calling for better pay, a union official said on Tuesday, the latest sign of wage pressures in the Gulf Arab ... http://www.iraqsun.com/index.php/sid/214662160/scat/bef2bf598e76a3e6 Tue, 21 May 2013 09:24:33 -0400 http://www.iraqsun.com/index.php/sid/214662160/scat/bef2bf598e76a3e6 (TSX: AAV, NYSE: AAV) (All reserve and resource volumes are "working interest" and "sales" except where otherwise ... http://www.iraqsun.com/index.php/sid/214660817/scat/bef2bf598e76a3e6 Tue, 21 May 2013 08:31:02 -0400 http://www.iraqsun.com/index.php/sid/214660817/scat/bef2bf598e76a3e6 May 21, 2013 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") announces that our updated Corporate Presentation has been posted on our ... http://www.iraqsun.com/index.php/sid/214660816/scat/bef2bf598e76a3e6 Tue, 21 May 2013 08:31:02 -0400 http://www.iraqsun.com/index.php/sid/214660816/scat/bef2bf598e76a3e6 The Ikarama Community in Yenagoa Local Government Area of Bayelsa State has disagreed with Shell Petroleum Development Company over the cause of the reported oil spills from nearby oil wells. The spill has contaminated the Taylor Creek in Yenagoa; and residents of Biseni/JK4 Road told the News Agency of Nigeria that they disagreed that the spills were caused by oil theft. Officials of ... http://www.iraqsun.com/index.php/sid/214660667/scat/bef2bf598e76a3e6 Tue, 21 May 2013 08:13:10 -0400 http://www.iraqsun.com/index.php/sid/214660667/scat/bef2bf598e76a3e6 A 95-mile pipeline extension from western Oklahoma and the Texas panhandle will carry as much as 75,000 barrels of oil per day, a pipeline company said. Plains All American Pipeline announced it was building a 95-mile extension for an Oklahoma crude oil pipeline system to accommodate expansions in production from the region. "The new Western Oklahoma pipeline will provide up to 75,000 ... http://www.iraqsun.com/index.php/sid/214659566/scat/bef2bf598e76a3e6 Tue, 21 May 2013 07:02:08 -0400 http://www.iraqsun.com/index.php/sid/214659566/scat/bef2bf598e76a3e6 State-owned Kuwait Petroleum Corp (KPC) has sacked the heads of all of its eight subsidiaries in the company's largest ever shakeup, following a controversial $2.2bn compensation payment to US firm Dow Chemical, according to local ... http://www.iraqsun.com/index.php/sid/214658518/scat/bef2bf598e76a3e6 Tue, 21 May 2013 05:58:53 -0400 http://www.iraqsun.com/index.php/sid/214658518/scat/bef2bf598e76a3e6