Word: se
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...Chekhov's hell become red-hot? The answer is oil, lots of it, along with enough natural gas to power Tokyo - which, actually, is where most of it will be going. Sakhalin Energy (SE), an international consortium led by Shell and the Russia's state-owned Gazprom, is spending $20 billion to mine the waters around Sakhalin; one executive says the island could eventually become as important to the industry as the Gulf of Mexico. SE is finishing a pair of underground 500-mile pipelines down the spine of the island that will deliver oil and natural...
...intense geologist who has emerged as the voice of Sakhalin's environmental community, also fears that the pipelines could rupture in the event of an earthquake - Sakhalin is seismically unstable -causing a catastrophic underground oil spill. "This project is too large for such a small island," he warns. (SE says that it has responded to environmental objections, including earthquake risks...
...March the Sheraton hotel chain Four Points named a chief beer officer to oversee its new lists of imported and regional craft beers. Meanwhile, waiters at the Michelin-starred Spotted Pig restaurant in New York City gently explain to patrons that cask-conditioned ales-- traditional British beers--are best se rved at a cellar temperature rather than ice cold...
...runs his business the same way he plays his hockey--sharp and concentrated in handling passes--and he scores, says the associate. Medvedev also hits as hard as the Kremlin wants. One such hit shook Sakhalin Energy (SE), operator of the Shell-led Sakhalin II consortium. At $20 billion, it is the world's largest integrated oil-and-gas-export project, with total reserves of some 4 billion bbl. of oil equivalent (BOE) and total project capacity of 395,000 BOE per day, including 9.6 million tons per year of liquefied-natural-gas production. It is also the largest single...
...says publicly that Gazprom is also targeting the $12.8 billion Sakhalin I project, operated by an Exxon-led consortium. It fits perfectly with Russia's strategy to get more control of its energy assets. Exxon hasn't capitulated by any means, but it still might learn what Belarus and SE did: Gazprom always wins...