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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (4079)	5/4/2006 6:22:25 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 24242

Shell backs away from oil reserves target Helen Thomas? Thomas Catan?, Financial Times Rising costs could force Royal Dutch Shell to delay some exploration projects meaning it may not replace all of the oil that it pumps from 2004 to 2008, as previously targeted. The oil major said on Thursday that its 100 per cent reserve replacement target could come under threat as the company would “probably” hold back some longer-term projects because of tight supplies of materials and rising rates for contractors. (4 May 2006) Viewing the entire article requires registration. energybulletin.net