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Shell News Archive Saturday 18 December, 2004

Shell News Archive Saturday 18 December, 2004

PRNewswire: STARZ Buying Club Celebrates First Anniversary; Shell-Branded Retail Outlets Enjoy Savings and Efficiencies From Program ( Posted 18 Dec 04 ESRI Reaches Groundbreaking Agreement with Shell ( Posted 18 Dec 04

The Independent (UK): Cairn shares crash after setback in Rajasthan: “Cairn has enjoyed a meteoric rise since it acquired the Rajasthan exploration rights from Shell for just pounds 7.5m two years ago.” ( 18 Dec 04

The Guardian (UK): Cairn shares plummet on Indian drilling disappointments and tax disputes: “Even after the fall, Cairn has still trebled in value since January, when it announced the discovery of up to 1bn barrels of oil on acreage bought from Shell for just £7m.” ( 18 Dec 04

Daily Telegraph (UK): Lucky Cairn finally has a bit of a slip: Cairn alarms investors with poor drilling report ( 18 Dec 04

THE TIMES (UK): Cairn shares slide on oil tax shock and well warning: “Cairn has made five oil discoveries and one gas find on the Rajasthan block in western India, which it had bought from Shell two years ago for £4 million.” ( 18 Dec 04

THE TIMES: Italian oil inquiry: “It is understood that the country’s antitrust agency is investigating possible cartel behaviour in the market for aircraft fuel.”: “ENI and the Italian units of Esso and Shell are reportedly under investigation.” ( 18 Dec 04

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