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Posts on ‘September 25th, 2004’

Asia Pulse: SHELL PAKISTAN POSTS US$25.5 MLN PROFIT IN 2003-04

Asia Pulse: SHELL PAKISTAN POSTS US$25.5 MLN PROFIT IN 2003-04

Posted Sept 25, 2004

KARACHI, Sept 24 Asia Pulse – Shell Pakistan Limited has posted Rs 1.5 billion (US$25.5 million) profit after tax with an increase in previous year’s earnings of 20 per cent during 2003-04, on the back of improved margins arising from a better product mix and by bringing cost efficiencies in its operations in the country’s oil products market.

“Operating in an intensely competitive market, Shell has delivered a robust performance this year. The company has announced a dividend payout of Rs 35 per share, a testament to shareholders commitment,” 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

Sainsbury and Tesco undercut by Shell

The Independent: Sainsbury and Tesco undercut by Shell

“THE SUPERMARKETS’ reputation as the cheapest petrol retailers was undermined yesterday by research showing Tesco and Sainsbury have both been undercut by Shell.”

By Philip Thornton

Sep 25, 2004

THE SUPERMARKETS’ reputation as the cheapest petrol retailers was undermined yesterday by research showing Tesco and Sainsbury have both been undercut by Shell.

Shell was cheaper than its sector rivals BP, Esso, Texaco and Total and was only undercut by Asda, according to research by Taylor Nelson Sofres (TNS). However, Shell emerged as the anomaly in the survey, with the supermarkets holding three of the four cheapest places in a league table of average prices in the year to August. 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

Hopes pump up for Shell refinery (Bakersfield)

MSNBC: Hopes pump up for Shell refinery (Bakersfield)

“Shell is not including its pipelines in the sale, which could limit buyer interest and may violate the company’s agreement with the attorney general to make a good-faith effort to find a buyer.”

By Katy Lieber

East Bay Business Times

Updated: 8:00 p.m. ET Sept. 25, 2004

More than 20 companies are interested in buying the Shell Oil Products US refinery in Bakersfield and some have even gone so far as to bid on the property, Shell announced this week.

Interest in the 70,000 barrel-per-day refinery appears to be running high, despite limitations Shell has placed on the potential sale. Shell is not including its pipelines in the sale, which could limit buyer interest and may violate the company’s agreement with the attorney general to make a good-faith effort to find a buyer. 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 evacuates platforms

News24.com: Shell evacuates platforms

“Clashes between troops and militia fighters forced oil giant Royal Dutch/Shell to evacuate two oil facilities in Nigeria’s southern oil region, the company said on Friday.”

Posted 25 Sept 04 (SA)

Lagos – Clashes between troops and militia fighters forced oil giant Royal Dutch/Shell to evacuate two oil facilities in Nigeria’s southern oil region, the company said on Friday.

“The evacuation was just a precautionary safety measure” prompted by clashes near the Soku gas platform and the Ekulama oil pumping station, a company spokesman in Lagos said on condition of anonymity.

Despite fighting in the area, Shell said there has been no disruption to its production and exports. Shell accounts for roughly half of Nigeria’s daily exports of 2.5 million barrels. 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

BBC News: Shell pulls staff from oil region

BBC News: Shell pulls staff from oil region

“The human rights organisation, Amnesty International… …said that 500 civilians may have been killed and thousands of others displaced in the ongoing security crackdown.”

By Anna Borzello

BBC correspondent in Ilorin, western Nigeria

Posted 25 Sept 04

The Anglo-Dutch oil giant, Shell, has withdrawn staff from oil facilities in Nigeria’s troubled Niger Delta.

The evacuation of 254 non-essential staff follows a new wave of increased violence in the region.

It comes as the military and police increased their operations against armed groups who operate in the swamps and creeks of the Delta.

Nigeria is the sixth largest producer of oil within Opec, but close to 70% of the population live in poverty. 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 : 2 S Nigeria Oil Facilities Evacuated Over Clashes

THE WALL STREET JOURNAL/DOW JONES NEWSWIRES: Shell : 2 S Nigeria Oil Facilities Evacuated Over Clashes

“The Niger Delta People’s Volunteer Force claims to be fighting for self-determination for an estimated 8 million ethnic Ijaws, the largest tribe in the impoverished oil region where locals accuse joint ventures run by the government and oil companies of cheating them out of wealth produced in their land.”

DOW JONES NEWSWIRES

Posted 25 September 2004

LAGOS, Nigeria (AP)–Clashes between troops and militia fighters forced oil giant Royal Dutch/Shell (RD, SC) to evacuate two oil facilities in Nigeria’s southern oil region, the company said Friday.

“The evacuation was just a precautionary safety measure” prompted by clashes near the Soku gas platform and the Ekulama oil pumping station, a company spokesman in Lagos said on condition of anonymity.

Despite fighting in the area, Shell said there has been no disruption to its production and exports. Shell accounts for roughly half of Nigeria’s daily exports of 2.5 million barrels. 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

Government agrees with Shell, Placid Refining for oil from reserve

San Mateo Daily Journal: Government agrees with Shell, Placid Refining for oil from reserve

WASHINGTON — An agreement has been reached to lend 1.7 million barrels of oil from the government’s Strategic Petroleum Reserve…”

By H. Josef Hebert, AP

25 Sept 04

WASHINGTON — An agreement has been reached to lend 1.7 million barrels of oil from the government’s Strategic Petroleum Reserve to two companies whose refineries were running short of crude because of Hurricane Ivan, the Energy Department said Friday.

The department said 1.4 million barrels of crude would begin flowing Saturday to two Shell Oil refineries, in Texas and Louisiana; and another 300,000 barrels to the Placid Refining Co. in Louisiana.

A number of additional oil swaps stemming from hurricane-related supply disruptions are under negotiation, but department officials would not identify the companies nor the amounts of oil involved. 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

Is BP, Exxon or Shell a model company

Daily Telegraph: City Diary: Shell shocked: “Is BP, Exxon or, er, Shell a “model company setting standards and behaviour and operating practices for a global company”? …which of them “demonstrates honesty, integrity and strong ethical thinking in the conduct of the business”? By this point I can contain myself no more. Shell hardly needs such a silly and expensive exercise to know the answers.”

Edited by Tessa Thorniley

25 Sept 04

My phone rings. A consultancy is carrying out a “corporate reputation study for a global oil business”. Is BP, Exxon or, er, Shell a “model company setting standards and behaviour and operating practices for a global company”?

Then, which of them “demonstrates honesty, integrity and strong ethical thinking in the conduct of the business”? Twenty minutes later comes the killer question. Which descriptions apply to BP, Exxon or Shell: “dynamic, faceless, honest, insensitive, irresponsible, old-fashioned, successful”. 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 clears Nigeria bases

The Scotsman: Shell clears Nigeria bases

OIL giant Royal Dutch/Shell has evacuated two platforms in Nigeria’s southern region, following clashes between troops and militia fighters.

The evacuation was a precautionary safety measure prompted by clashes near the Soku gas platform and the Ekulama oil pumping station, a company spokesman in Lagos said.

Despite fighting in the area, Shell said there has been no disruption to its production and exports.

Shell accounts for roughly half of Nigeria’s daily exports of 2.5 million barrels.

http://news.scotsman.com/international.cfm?id=1124142004 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
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