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Posts on ‘May 18th, 2004’

Shell insider to join top board

Reuters.co.uk: Shell insider to join top board

Tue 18 May, 2004 17:44

AMSTERDAM (Reuters) – Royal Dutch/Shell Group says it will make Linda Cook, head of Shell Canada, a new managing director from August 1 to bolster a board depleted by recent sackings.

Cook, a veteran of more than 20 years with the firm, will take on executive responsibility for gas and power from the incumbent Malcolm Brinded, taking the number of top executives on the Committee of Managing Directors (CMD), the top executive grouping in Shell’s twin-holding hierarchy, to four from three.
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royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Royal Dutch Petroleum Company: Directorate Change

YahooNews.com: Royal Dutch Petroleum Company: Directorate Change

Press Release Source: Royal Dutch Petroleum Company

Tuesday May 18, 11:35 am ET

THE HAGUE, The Netherlands, May 18 /PRNewswire-FirstCall/

The Supervisory Board and the Board of Management of N.V. Koninklijke Nederlandsche Petroleum Maatschappij (Royal Dutch Petroleum Company) announce that at the General Meeting of Shareholders of the Company to be held on 28th June 2004, it will be proposed that Ms L.Z. Cook be appointed a Managing Director of the Company with effect from 1st August 2004.

It is the intention that after her appointment as a Managing Director of the Company, Ms Cook be appointed a member of the Presidium of the Board of Directors of Shell Petroleum N.V., and a Managing Director of The Shell Petroleum Company Limited with effect from 1st August 2004, thereby becoming a Group Managing Director of the Royal Dutch/Shell Group of Companies.
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royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Canada CEO Linda Cook leaves after a year to head Royal Dutch Petroleum

National Post: Shell Canada CEO Linda Cook leaves after a year to head Royal Dutch Petroleum 

James Stevenson

Canadian Press

Tuesday, May 18, 2004

CALGARY (CP) – Shell Canada’s top leadership will change for the second time in a year after the company announced Tuesday that president and chief executive Linda Cook is leaving to return to its scandal-plagued European parent.

Shell said Cook will depart from the Calgary-based company in July, just a year after taking over, and assume a new role in August as a managing director with Royal Dutch Petroleum.

Clive Mather, now chairman of Shell UK Ltd., will succeed Cook as Shell Canada’s president and CEO.
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royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

India fall eclipses Cairn’s oil boost

The find has been a source of continued embarrassment to Shell, which sold its share in the field to Cairn for $7.25m (£4m) 18 months ago.

Daily Telegraph: India fall eclipses Cairn’s oil boost

By Christopher Hope, Business Correspondent (Filed: 18/05/2004)

Investors’ concerns about the new left of centre government in India overshadowed news from Cairn Energy that its new find in Rajasthan will yield more oil than expected.

Cairn’s shares have jumped by more than 170pc since January when it unveiled the discovery of an enormous oil field in northern India, transforming the Scottish company into Britain’s biggest independent oil and gas business.
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royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Despite Oil’s Heady Climb, Finding Winning Energy Stocks Isn’t So Easy

The Wall Street Journal: Despite Oil’s Heady Climb, Finding Winning Energy Stocks Isn’t So Easy

May 18, 2004

Charles Ober’s oil-market savvy makes him a popular guy at the office these days. For the past 24 years, Mr. Ober has either co-managed or managed T. Rowe Price’s $1.5 billion New Era Fund, the nation’s oldest natural-resources mutual fund by the firm’s estimate, started in 1969.

And having your finger on the pulse of energy markets isn’t a bad thing, given worries over instability in Iraq and tight crude-oil and gasoline inventories. The price of crude oil for June delivery reached $41.55 a barrel Monday on the New York Mercantile Exchange, its highest close since trading began in 1983.
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royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

State Lawmakers To Probe Reason For High Californian Gas Prices

The Wall Street Journal: State Lawmakers To Probe Reason For High Californian Gas Prices

DOW JONES NEWSWIRES

May 18, 2004 7:48 a.m.

LOS ANGELES (AP)–State lawmakers will probe what’s behind California’s high gas prices following an increase in the average price of self-serve regular to a new high of $2.269 per gallon.

The new Senate Select Committee on Gasoline and Diesel Pricing announced Monday it will launch an investigation patterned after the inquiry into manipulation of California’s energy market in 2000 and 2001, said Senate President Pro Tem John Burton, D-San Francisco.
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royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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