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July 18th, 2004:

Sunday Telegraph: Varney turns gamekeeper

Sunday Telegraph: Varney turns gamekeeper: “made his reputation at Shell”

(Filed: 18/07/2004)

David Varney, who will run the Government’s new Revenue and Customs agency, tells Robert Watts how he plans to axe 12,500 taxmen

‘It’s not the money, it’s the challenge.” How often have you heard that from a business grandee paid cash by the truckload? But it’s slightly harder to dispute this claim when made by David Varney, the outgoing chairman of MMO2, the mobile phone operator, who made his reputation at Shell and then at British Gas.

In a little over six weeks, Varney will take a £200,000 pay cut, leave the private sector and begin life as one of Britain’s most pressurised civil servants. read more

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New York Times: U.S. Addiction to Foreign Oil Deepens

New York Times: U.S. Addiction to Foreign Oil Deepens

By REUTERS
Published: July 17, 2004
Posted 18 July 04

NEW YORK (Reuters) – U.S. domestic oil production has dropped five percent since this year’s peak in February and near-record oil prices are unlikely to inspire drillers to slow the country’s deepening dependence on foreign oil, experts say.

“Why on earth would you drill here when we’ve been drilling here for 120 years and when there’s vast untapped regions across the globe?” said Kyle Cooper, analyst at Citigroup Global Markets in Houston. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Sunday Times: Market Mover: Richard Dunn

The Sunday Times: Market Mover: Richard Dunn

“As the Shell scandal proves, there are reserve issues with some of the major oil companies”

July 18, 2004

RICHARD DUNN is head of equity strategy at Montgomery Oppenheim, the IFSC-based fund manager. The New Yorker came to Ireland to take a master’s in business administration at Trinity College Dublin in the late 1980s. He moved to London for six years and returned to Ireland in 1995.

A certified accountant, Dunn was head of international equities at Irish Life Investment Managers for five years. He joined Montgomery Oppenheim last October. The company has €1.6 billion in total assets under management, of which €140m is invested in its managed funds. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Kansas City Star: After secret talks fail refinery settles on prior agreement

Kansas City Star: After secret talks fail refinery settles on prior agreement

“secret deal making between petroleum refineries and the government”

BY SETH BORENSTEIN

Knight Ridder Newspapers

Posted 18 July 04

DELAWARE CITY, Del. – (KRT) – The public got a rare glimpse into the often-secret deal making between petroleum refineries and the government when the industry lost a key battle here.

In August 2001, Motiva Enterprises, a division of Shell, finalized a court agreement with the state and federal governments to install new high-tech, low-emission pollution scrubbers at its 47-year-old refinery. The next spring, the company quietly persuaded the U.S. Environmental Protection Agency and Delaware to allow it to substitute much cheaper technology. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.