MARCH 2005 ROYAL DUTCH SHELL NEWS HEADLINES
Tuesday, 1 March 2005
News and information on Royal Dutch Shell Group
MARCH 2005 ROYAL DUTCH SHELL NEWS HEADLINES
Tuesday, 1 March 2005
CNN: Shell pumps twice as much as it finds (ShellNews.net) 31 March 05
InstitutionalInvestor.com: Shell To Hire First External Managers (ShellNews.net) 28 March 05
Journal-News.com (Ohio): County signs off on $10M Shell settlement: “…the county’s claim contends the defendants knew the pipes were unsuitable for water service, misrepresented the quality of the piping, violated expressed and implied warranties, committed fraud, engaged in deceptive trade practices, and created a public nuisance” (ShellNews.net) 25 March 05
allAfrica.com: Shell Makes New Oil Discovery in Bonga Field(ShellNews.net) 22 March 05
DAILY TELEGRAPH (UK): Education: Lesson Plans: Business studies: QUESTION: 1. Memos are just one form of communication within a business. What other forms of communication are used by businesses, and what are the advantages and disadvantages of each? Featured Article: “Memos expose Shell’s years of lying (ShellNews.net) 19 March 05
Lloyds List: New Phoenix oil find set to be satellite of Nelson platform: Royal Dutch/Shell is already making plans for its recent discovery in the central sector, writes Martyn Wingrove: “ROYAL Dutch/Shell has discovered oil in the UK central North Sea…” (ShellNews.net) 15 March 05
Reuters: Shell sells Australian oil fields (ShellNews.net) 11 March 2005
THE SCOTSMAN:Shell Plans Unmanned Petrol Stations(ShellNews.net) 8 March 05
AFX Europe (Focus): Indonesia urges Unocal to proceed with Ambalat oil block exploration – report: “The government is asking Unocal Indonesia Ventures Ltd to proceed with exploration activities in the Ambalat oil and gas block although the area is under territorial dispute with Malaysia”: “Tension emerged between Indonesia and Malaysia after the latter’s state oil company Petronas granted energy giant Shell a concession in the Ambalat area on February 16.” (ShellNews.net) 7 March 05
FINANCIAL TIMES: Malaysia seeks end to dispute on oil with Indonesia: “Malaysia said yesterday it would seek talks to end a dispute with Indonesia over potentially oil-rich waters off Borneo after Jakarta took the unusual step of sending warships to the area.”: “Malaysia and Indonesia claim sovereignty over the waters in the Sulawesi Sea. The dispute has been stoked by a decision last month by Petronas, the Malaysian state oil group, to award exploration rights to Shell, the Anglo-Dutch oil group.” (ShellNews.net) 4 March 05
March 2005
by Pieternel Gruppen,
Despite massive attempts to change the way in which it is perceived, Anglo-Dutch oil giant Shell is facing familiar problems once again. Having pumped money and effort into trying to shake off a negative image, the company is again attracting bad press. Following a rise in petrol prices, Shell is now the subject of a boycott in Argentina, and is meanwhile entangled in a border conflict between Asian neighbours Malaysia and Indonesia.
It was back in 1995 when Shell announced a major change in corporate policy, promising to focus greater attention on areas such as the environment and human rights. Socially-responsible entrepreneurship and transparency were the new watchwords. One of the factors behind the changes was the well-publicised controversy surrounding the Brent Spar oil platform.