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Shell News Archive Sunday 28 November, 2004

Shell News Archive Sunday 28 November, 2004

AFX Europe (Focus): Russia’s Gazprom likely to join Sakhalin 2 gas/oil project – report: “Sakhalin Energy, a company based in Yzhno-Sakhalinsk, is promoting the project and is owned 55 pct by Royal Dutch/Shell Group, 25 pct by Mitsui & Co and 20 pct by Mitsubishi Corp.“ (ShellNews.net) 28 Nov 04

Daily Express (UK): Fresh oil reserves fears as Shell puts off Agm: “SCANDAL-STRUCK Shell sparked fears of yet further reserves downgrades by announcing it had been forced to put back the annual meeting which will determine the oil giant’s future.”: “The latest announcement inevitably fuelled speculation a further significant reserves downgrade was in the offing.”: “A criminal investigation and class actions are continuing in the United States.” (ShellNews.net) Posted 28 Nov 04

Daily Mail (UK): Uncertainty lingers on over Shell’s oil reserves: “SHELL jangled investors nerves by warning it will need two more months before its reserves controversy is settled – and before its historic move to unify its structure is put to shareholders. The 2005 annual meeting, due in April, is being put back to June 28.” (ShellNews.net) 28 Nov 04

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