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Posts on ‘June 2nd, 2004’

Chevron, Shell to Face Antitrust Trial

Los Angeles Times: Chevron, Shell to Face Antitrust Trial

 

By Lisa Girion, Times Staff Writer

June 2, 2004    

 

A federal appeals court reverses the dismissal of a lawsuit brought by L.A.-area gas station owners over the firms’ joint ventures.

 

A federal appellate court, pointing to a pact between Shell Oil Co. and Texaco Inc. to sell gasoline at the same price, ruled Tuesday that the companies must face trial for alleged antitrust violations.

 

The U.S. 9th Circuit Court of Appeals, sitting in Pasadena, reversed an earlier decision by U.S. District Judge George H. King dismissing a lawsuit brought by the operators of 39 Los Angeles-area gas stations. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shaken expatriates rethink Saudi future

The Guardian: Shaken expatriates rethink Saudi future

 

Ewen MacAskill and Brian Whitaker

Wednesday June 2, 2004

 

Foreign companies in Saudi Arabia are offering to repatriate the families of their staff in the wake of the bloody weekend rampage by militants that left 22 dead, most of them foreigners.

 

As new clashes between suspected militants and security forces were reported in the west of the country, several Japanese companies joined Shell, the Anglo-Dutch oil giant, in offering to pull relatives out of the kingdom.

 

One Japanese firm said it may also evacuate its workers, though it was too early to tell whether there would be an exodus. Saudi Arabia relies on 6 million expatriates to operate its oil and other industries. The vast majority are Asian, with British and American workers numbering around 25,000. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Australia

The Wall Street Journal: Shell Australia

 

DOW JONES NEWSWIRES

June 1, 2004

Posted 2 June 04

 

MELBOURNE — Royal Dutch/Shell (RD) has committed to operating both of its Australian oil refineries beyond 2006, putting to rest speculation it could shut at least one facility in the lead-up to the introduction of tough new fuel standards.

 

Shell Australia Chairman Tim Warren issued the commitment to both Australian refineries, but said the company has no intention of boosting its combined capacity of 205,000 barrels a day.

 

His comments came as Shell Australia reported a 5.9% fall in 2003 earnings before interest and tax of A$815 million. This compares to a profit of A$866 million for the year ended December 2002. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Rival Nigerian Militants Pledge Peace In Niger Delta

The Wall Street Journal: Rival Nigerian Militants Pledge Peace In Niger Delta

 

DOW JONES NEWSWIRES

June 1, 2004 7:11 p.m.

Posted 2 June 04

 

WARRI, Nigeria (AP)–Rival ethnic militants in Nigeria’s troubled oil delta clasped hands and pledged peace Tuesday after the killings of two U.S. oil workers prompted a government crackdown on a yearlong spree of bloodletting that killed hundreds and razed villages.

 

“The only solution to our problems is at a round table,” said Dan Reyenieju, leader of an ethnic Itsekiri delegation. He was flanked by archrival Ijaws in a dingy social club in the Niger Delta oil city of Warri. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Florida Drivers Sue Shell Over High-sulfur Gasoline

The Wall Street Journal: Florida Drivers Sue Shell Over High-sulfur Gasoline

DOW JONES NEWSWIRES
June 1, 2004 11:08 p.m.

Posted 2 June 02

FORT LAUDERDALE, Fla. (AP)–Amid thousands of similar complaints, two drivers who say fuel gauges on their cars were damaged by high-sulfur gasoline sued Shell Oil Co. and its refiner Tuesday in federal court.

Cynthia Chowdhury and Marilyn Fisher accused Shell and Motiva Enterprises LLC. of violating Florida law by engaging in unfair and deceptive trade practices.

The suit says the companies knew, or should have known, that gasoline with high levels of sulfur would damage vehicles, the South Florida Sun-Sentinel reported. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

US Court Reinstates Shell, ChevronTexaco Price Fixing Suit

The Wall Street Journal: US Court Reinstates Shell, ChevronTexaco Price Fixing Suit

 

DOW JONES NEWSWIRES

June 1, 2004 11:52 p.m.

Posted 2 June 04

 

SAN FRANCISCO (AP)–A federal appeals court on Tuesday reinstated a lawsuit accusing ChevronTexaco Corp. (CVX) and Shell Oil Co. of operating a price-fixing conspiracy.

 

The suit accuses the companies’ joint ventures – Motiva Enterprises and Equilon Enterprises – as being part of a plan by the oil giants to inflate fuel prices beginning in 1998 and ending as early as 2001, when Texaco sold its stake to win approval of its purchase of Chevron. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Expects New Sakhalin LNG Sales To Japan By Year End

The Wall Street Journal: Shell Expects New Sakhalin LNG Sales To Japan By Year End

 

DOW JONES NEWSWIRES

June 2, 2004 2:43 a.m.

 

SINGAPORE — The Royal Dutch/Shell Group (RD) expects to finalize new long-term deals for liquefied natural gas sales to Japan from the Sakhalin II project in Russia this year, a company official said Wednesday.

 

Andrew Faulkner, vice president, North Asia, for Shell Gas & Power, said talks underway with four to five Japanese utility companies he didn’t wish to identify are expected to be finalized before the year ends.

 

Osaka Gas Co. (9532.TO), Japan’s second largest city-gas supplier, last year said it was interested in buying LNG from Sakhalin. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

ChevronTexaco, Shell face price fixing case

DallasNews.com: ChevronTexaco, Shell face price fixing case

 

03:10 PM CDT on Tuesday, June 1, 2004

Bloomberg News

Posted 2 June 04

 

Royal Dutch/Shell Group and ChevronTexaco Corp. must face an antitrust lawsuit brought by Los Angeles-area gasoline dealers who claim the companies conspired to fix gas prices, an appeals court ruled.

 

The 9th U.S. Circuit Court of Appeals in San Francisco revived the suit brought on behalf of 23,000 Los Angeles-area service station owners. The station owners claim the oil companies created joint ventures Equilon Enterprises and Motiva Enterprises as a guise to overcharge dealers. Texaco Inc. sold its stake in the ventures to gain approval of its 2001 acquisition by Chevron Corp. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com