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June 14th, 2005:

Shell Malaysia: Refining Margin To Stay Strong Near Term

Yahoo Business News: Shell Malaysia: Refining Margin To Stay Strong Near Term

14 June 2005

KUALA LUMPUR (Dow Jones)–Shell Malaysia Chairman Jon Chadwick said Tuesday that he expects refining margins at Shell’s refinery unit to remain strong in the near term.

“First quarter was excellent and this bodes well for the rest of the year,” Chadwick told Dow Jones Newswires on the sidelines of the Asia Oil and Gas Conference being held here.

According to Chadwick, Shell Refining Co. (4324.KU) recorded a complex refining margin of $5.69 a barrel in the first quarter, up from $4.55/bbl in the same period last year. 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.

Digging In Exxon Chief Makes A Cold Calculation On Global Warming

THE WALL STREET JOURNAL: Digging In Exxon Chief Makes A Cold Calculation On Global Warming

BP and Shell Concede Ground

As Raymond Funds Skeptics

And Fights Emission Caps

A ‘Reality Check’ on Kyoto

By JEFFREY BALL

Staff Reporter of THE WALL STREET JOURNAL

June 14, 2005; Page A1

ANNANDALE, N.J. — At Exxon Mobil Corp.’s laboratories here, there isn’t a solar panel or windmill in sight. About the closest Exxon’s scientists get to “renewable” energy is perfecting an oil that Exxon could sell to companies operating wind turbines.

Oil giants such as BP PLC and Royal Dutch/Shell Group are trumpeting a better-safe-than-sorry approach to global warming. They accept a growing scientific consensus that fossil fuels are a main contributor to the problem and endorse the 1997 Kyoto Protocol, which caps emissions from developed nations that have ratified it. BP and Shell also have begun to invest in alternatives to fossil fuels. 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.

Shell takes three-year extension on Maersk Curlew contract

Lloyds List: Shell takes three-year extension on Maersk Curlew contract

Tuesday 14 June 2005

Anglo-Dutch group set to develop further satellites as FPSO gets new lease of life that will see it through to 2008, writes Martyn Wingrove

SHELL is making a commercial commitment to develop more of the fields surrounding the Maersk Curlew production ship after extending its lease for another three years.

The Anglo-Dutch oil major had its eye on developing satellites to the floating production storage offloading vessel for the past five years and seems to be willing to make further progress after extending its lease with Maersk Contractors. 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 Jakarta Post: Shell hopes Brunei, Malaysia, Indonesia resolve maritime disputes soon

The Jakarta Post: Shell hopes Brunei, Malaysia, Indonesia resolve maritime disputes soon

14 June 2005

KUALA LUMPUR (AFP): Royal Dutch/Shell said on Tuesday it hopes territorial disputes over oil-rich maritime areas involving three Southeast Asian countries will be resolved quickly to enable exploration to go ahead.

“Our resources are there. The earlier the better but we do not want to interfere,” Dominique Gardy, Singapore-based chief executive officer with Shell exploration and production said on the sidelines of the Asia Oil and Gas conference.

“If and when the solution is in place, then we can develop there sources,” he told AFP. “We are just on standby waiting for a government-to-government decision.” 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 Guardian: LETTER FROM Dr Antony Wyatt

The Guardian: LETTER FROM Dr Antony Wyatt

14 June 2005

Naomi Klein (A noose, not a bracelet, June 10) asks “how about if Africa’s oil wealth was used to save Africa?”. The article repeats the commonly held view that Shell pumps out the oil and exports the profits and Nigeria gets a poor deal. Readers of the Guardian deserve a more honest picture.

Like companies working in the North Sea, Shell works under agreements with the Nigerian government. The bulk of the profits goes to the Nigerian National Petroleum Corporation, effectively a branch of the Nigerian government, which also receives tax revenue on the profits of foreign companies. So the truth is that the majority of the profit from oil already goes into Nigerian hands. The problem is the priorities of the people who control that money. 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.

STRONG DEMAND LIMITS OPECS LEEWAY

THE NEW YORK TIMES: STRONG DEMAND LIMITS OPECS LEEWAY

By SIMON ROMERO

Published: June 14, 2005

VIENNA, June 13 – OPEC representatives arriving for a meeting here this week said that they were prepared to lift their oil production ceiling in an effort to bring down high crude oil prices, but emphasized that strong global demand for oil limited their ability to influence markets.

“OPEC members are already pumping at full capacity and can do nothing about prices,” Bijan Zanganeh, the oil minister of Iran, OPEC’s second-largest producer behind Saudi Arabia, said in Tehran before traveling to Vienna. 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.

Shell Announces Scholarship Winners

allAfrica.com: Shell Announces Scholarship Winners

Posted Tuesday 14 June 2005

Daily Trust (Abuja)

Hamisu Muhammad

About one thousand students from Nigerian universities and host communities will be awarded the Shell Petroleum Development Company of Nigeria scholarships for the entire duration of their courses.

The Shell university scholarship scheme is part of the company’s contribution towards the educational development of the nation. Every year more than 3000 Nigerian undergraduates write aptitude tests to join the ever- growing list of students which Shell supports in Nigerian universities. 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.