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SHELL NEWS HEADLINES Tuesday, 1 February 2005

SHELL NEWS HEADLINES Tuesday, 1 February 2005

FINANCIAL TIMES: Libyan PM wooing US oil companies: “Several big international companies including ExxonMobil, BP, Royal Dutch/Shell and Total, which had been operating in Libya during the 18 years of US economic sanctions against the North African country, did not win any licences under the latest auction.” (ShellNews.net) 1 Feb 05

Lloyds List: Shell joins Apache in Forties and Nelson: “SHELL and US oil firm Apache have signed up to jointly explore the offshore blocks between the Forties and Nelson platforms in the UK central North Sea.” (ShellNews.net) 1 Feb 05

FINANCIAL TIMES: Market Insight: Liquefied Natural Gas (ShellNews.net) 1 Feb 05

THE GUARDIAN (UK): ExxonMobil reports annual profits of $25bn: “Royal Dutch Shell is also expected to report record profits for 2004 this week, despite being hit by a reserves scandal.” (ShellNews.net) 1 February 2005

Business2.com: At Shell, Everyone’s the Answer Man: The oil giant saves hundreds of millions by fielding technical questions on a global Web bulletin board.: “…Shell has managed to parlay its $1 million investment into cost savings of more than $200 million a year.” (ShellNews.net) Posted 1 February 05

THE WALL STREET JOURNAL: Argentina, Venezuela To Talk Energy During Chavez Visit: “…talk has periodically surfaced that PdVSA has its eye on refining operations and some 900 service stations here run by Royal/Dutch Shell Group. Both companies have denied the buyout talk, which resurfaced this week” (ShellNews.net) Posted 1 Feb 05

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