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Shell News Tuesday, 15 February 2005

Shell News Tuesday, 15 February 2005

USNewsWire.com: World Wildlife Fund:Shell Must Heed Scientific Findings: Whale Survival and Sakhalin Project in the Balance: “Shell, Mitsui, and Mitsubishi and those financial agencies considering funding the project must pay attention to these scientific findings, or the whales and people of Sakhalin will suffer irreversible consequences”. (ShellNews.net) 15 Feb 05

biz.yahoo!: Press Release Source: Shell Oil Products US: Shell Doubles Gift Card Sales in 2004: Plans Expanded Program for 2005 (ShellNews.net) Posted 15 Feb 05

BoardMember.com: Shell Rebuilds Itself: “How a crisis over oil reserves led the board to do what it should have done long ago—create an entirely new company.”: “The Shell board recognized that its top priority was restoring the company’s reputation.”: “Not everybody is happy with the… reforms. William S. Lerach—the California corporate scourge whose law firm brought a consolidated U.S. class-action suit on behalf of shareholders against Shell, its executives, and its directors for mismanagement and fraud—judges the reforms timid and inadequate.” (ShellNews.net) 15 Feb 05

MENAFN, Middle East: Shell to set up research facility at Science Park: “Shell plans to spend up to $100m over a period of 10 years for its future facility at the Science and Technology Park which has been named Qatar Shell Research and Training Centre.” (ShellNews.net) 15 Feb 05

Yahoo!: Shell and Motiva Employees and Retirees Raise More Than $5 Million for the United Way of the Texas Gulf Coast: Shell and Motiva United Way Giving Exceeds $7 Million Nationwide – Source Shell Press Release: (ShellNews.net) 15 Feb 05

The WALL STREET JOURNAL: In Qatar, Oil Firms Make Huge Bet On Alternative Fuel: “Here in the Persian Gulf, hundreds of workers are piecing together a coiled labyrinth of pipes that they hope will turn natural gas into an ultraclean automotive fuel…”: “Some of the world’s biggest energy companies, including… Royal Dutch/Shell Group… have committed $20 billion to build GTL facilities in an industrial park here that’s twice the size of Manhattan” (ShellNews.net) 15 Feb 05

THE WALL STREET JOURNAL: Venezuela, Brazil Sign Energy, Economic Accords: “… the Mariscal Sucre project is on hold while Venezuelan President Hugo Chávez negotiates with Mitsubishi and Shell over the natural-gas venture. Mr. Chávez insists that Venezuela have majority control of the project, among other things, and Shell executives were said to be unwilling to concede a number of points in the negotiations.” (ShellNews.net) 15 Feb 05

THE WALL STREET JOURNAL: Nigerian Oil Conference To Focus On Deepwater Activities: “Most of the planned increase in production is expected to come from deepwater operations, where new fields are scheduled to commence production from this year. These include Bonga Field, operated by Shell Petroleum Development Company of Nigeria, a unit of Royal Dutch Shell” (ShellNews.net) Posted 15 Feb 05

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