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Posts from ‘March, 2005’

MARCH 2005 ROYAL DUTCH SHELL NEWS HEADLINES

Mar 31st, 2005
by John Donovan.
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MARCH 2005 ROYAL DUTCH SHELL NEWS HEADLINES

Tuesday, 1 March 2005

THE LONDON TIMES: Need to Know: “Shell signed its second agreement with Qatar’s government in two days…” (ShellNews.net) 1 March 05

FINANCIAL TIMES: Shell cements its position with LNG deal: “Royal Dutch/Shell’s signing of a $7bn (£3.65bn) liquefied natural gas deal with Qatar this week cements its position as global leader in liquefied natural gas – the boom area of energy investment – and will boost its flagging oil and gas reserves.”: “Despite Shell’s conservative assumption on oil prices, worries remain that companies are taking big risks when investing billions in LNG plants, ships and pipelines.” (ShellNews.net) 1 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Thursday, 31 March 2005

Mar 31st, 2005
by John Donovan.
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Royal Dutch Shell News Thursday, 31 March 2005

CNN: Shell pumps twice as much as it finds (ShellNews.net) 31 March 05

Friends of the Earth: Shell’s new Sakhalin II pipeline route still puts whales at risk (ShellNews.net) 31 March 05

THE SCOTSMAN: Inquiry call as Shell admits safety breach in which two died: “Shell admitted the amended charges at Stonehaven Sheriff Court yesterday.”: “A spokesman said the firm had pleaded guilty to three amended charges under the Health and Safety at Work Act in relation to the incident. He said the company could not give out any further details as legal proceedings were ongoing.” (ShellNews.net) 31 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Wednesday, 30 March 2005

Mar 30th, 2005
by John Donovan.
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Royal Dutch Shell News Wednesday, 30 March 2005

BBC NEWS: Shell guilty over gas leak deaths: “Oil giants Shell has admitted three charges over the deaths of two workers in the North Sea two years ago.” (ShellNews.net) 30 March 05

THE NEW YORK TIMES: Shell to Reroute Pipelines in Project: “Royal Dutch/Shell said Wednesday it would reroute planned pipelines at its oil and gas project off the Russian Pacific island of Sakhalin, bowing to environmentalists’ demands who said the pipelines passed too close to the feeding grounds of the endangered gray whale” (ShellNews.net) 30 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Tuesday, 29 March 2005

Mar 29th, 2005
by John Donovan.
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Royal Dutch Shell News Tuesday, 29 March 2005

allAfrica.com: Shell Decries New PSC Tax Hike: “A proposed hike in Nigerian oil taxes could halt new offshore oil projects just as the country is trying to attract new investors, Shell has declared.” (ShellNews.net) 29 March 05

FINANCIAL TIMES: Depleted talent reserves threaten oil companies: “Royal Dutch/Shell, hoping to recruit 1,000 engineers this year to help it escape its reserves crisis, has recently returned to the university careers circuit after abandoning it some years ago.” (ShellNews.net) 29 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Monday, 28 March 2005

Mar 28th, 2005
by John Donovan.
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Royal Dutch Shell News Monday, 28 March 2005

BBC Monitoring Service (UK): Libya to announce oil investment projects: “The study of the results and phases of negotiation aimed at reaching a gas development agreement with “Shell” also started” (ShellNews.net) 28 March 05

InstitutionalInvestor.com: Shell To Hire First External Managers (ShellNews.net) 28 March 05

The Indianapolis Star: To be candid, station has you on camera: Bobby Key’s Shell station is equipped with 48 cameras to deter gasoline theft and catch people who drive off without paying. Images are displayed on three computer screens. “I would not be in business without the system,” Key said.: “At his Cloverdale operation, there are 64 of them.” (ShellNews.net) 28 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Sunday, 27 March 2005

Mar 27th, 2005
by John Donovan.
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Royal Dutch Shell News Sunday, 27 March 2005

THE MIAMI HERALD: Shell grows oil venture: Alberta has two thirds as much oil as Saudi Arabia, and in an era of high prices, Shell Canada and its partners are ready to expand their operations in the region. (ShellNews.net) Posted 27 March 05

THE NEW YORK TIMES: What Happens Once the Oil Runs Out? “I used to work with Mr. Hubbert at Shell Oil, and my own independent research places the peak of world oil production late this year or early in 2006.” (ShellNews.net) Posted 27 March 05

THE SUNDAY TELEGRAPH (UK): Bidders balk at First Calgary price tag: “Ten of the world’s largest energy groups, including Shell and Total, are studying information about First Calgary ahead of a mid-April deadline to submit binding offers.” (ShellNews.net) 27 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Saturday, 26 March 2005

Mar 26th, 2005
by John Donovan.
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Royal Dutch Shell News Saturday, 26 March 2005

FINANCIAL TIMES: Oil in troubled waters: “The Shell report, by WAC Global Services, a group of conflict management specialists, says earnings from oil theft have made it possible for militias to buy thousands of weapons, including former Soviet-type small arms, rocket launchers and possibly short-range missiles. Unrest in the Delta could force the company out of onshore production by 2008 unless it was prepared to violate its business principles, the report concludes. “It is clear that [Shell] is part of Niger Delta conflict dynamics and that its social licence to operate is fast eroding,” the report says.” (ShellNews.net) 26 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News, 25 March 2005

Mar 25th, 2005
by John Donovan.
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Royal Dutch Shell News GOOD FRIDAY, 25 March 2005

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

THE GLOBE & MAIL (CANADA): Shell eyes $17-billion expansion: “Shell Canada Ltd. and its partners are in talks about spending $17-billion over the next decade to triple production at their oil sands project” (ShellNews.net) 25 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell Thursday, 24 March 2005

Mar 24th, 2005
by John Donovan.
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Royal Dutch Shell Thursday, 24 March 2005

AME Info (United Arab Emirates): Shell corporate brand launch: “Shell International is launching its corporate brand campaign in Dubai in collaboration with CNBC Europe and The Wall Street Journal…” (ShellNews.net) 24 March 05

Business Times (Malaysia): Shell to add high-value IT services: “THE Royal Dutch/Shell group plans to include several new high-value information technology (IT) services to Cyberjaya-based Shell Information Technology International Sdn Bhd (SITI) this year…” (ShellNews.net) 24 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Wednesday, 23 March 2005

Mar 23rd, 2005
by John Donovan.
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Royal Dutch Shell News Wednesday, 23 March 2005

TomDispatch.com: The Energy Crunch to Come, Soaring Oil Profits, Declining Discoveries, and Danger Signs: “Royal Dutch/Shell, already reeling from admissions last year that it had over-stated its oil and natural gas reserves by 20%, recently lowered its estimated holdings by another 10%, bringing its net loss to the equivalent of 5.3 billion barrels of oil. Even more worrisome, Shell announced in February that it had replaced only about 45-55% of the oil and gas it produced in 2004, an unexpectedly disappointing figure.” (ShellNews.net) 23 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Tuesday, 22 March 2005

Mar 23rd, 2005
by John Donovan.
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Royal Dutch Shell News Tuesday, 22 March 2005

allAfrica.com: Shell Makes New Oil Discovery in Bonga Field(ShellNews.net) 22 March 05

FINANCIAL TIMES: Nigerian oil unions prepare to strike: “Two main unions said they would give the state energy company, NNPC, and Royal Dutch/Shell, Nigeria’s biggest oil producer, two weeks after the initial strike to stop job cuts made without consulting the unions, or they could strike again.” (ShellNews.net) 22 March 05

adweek.com: Shell Revises Media Review Timetable: “NEW YORK Shell Group said it has revised the timetable for final presentations and a decision in the review for its $240 million global media account.” (ShellNews.net) Posted 22 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Monday, 21 March 2005

Mar 21st, 2005
by John Donovan.
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Royal Dutch Shell News Monday, 21 March 2005

Corporate Board Member Magazine (March/April 2005 issue): Shell Rebuilds Itself: “Investors are still divided about the culpability of Shell’s directors in the reserves debacle.”: “The stock price plummeted—losing some $22 billion in value at its nadir—and the bond-rating agencies stripped Shell of its triple-A rating. Class-action suits were springing up in the U.S. like poisonous toadstools.”: “…Lord Oxburgh conceded that Shell executives had been “economic with what they passed on to the board. Evidence of just how “economic” Watts & Co. had been soon began to mount…”: “The Shell board recognized that its top priority was restoring the company’s reputation…”: “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) 21 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Sunday, 20 March 2005

Mar 20th, 2005
by John Donovan.
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Royal Dutch Shell News Sunday, 20 March 2005

The Observer (UK): Britain honours hanged hero as legal war rages on: “In the US courts he is pursuing a legal action against Shell, accusing the oil giant of aiding and abetting the torture and murder of Saro-Wiwa and other members of the Ogoni tribe…” (ShellNews.net) 20 March 05

The Observer (UK): Trouble in the pipeline: Nick Mathiason on how Shell’s controversial Pacific island project has very shaky foundations: “It is the world’s most expensive oil and gas pipeline. Costing over $12 billion…”: “With its reserves dwindling, Shell, which controls 55 per cent of the project, is hoping to get lenders to back it this year. The project is already $2bn over budget and every delay risks escalating costs.” (ShellNews.net) 20 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Saturday, 19 March 2005

Mar 19th, 2005
by John Donovan.
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Royal Dutch Shell News Saturday, 19 March 2005

Salon.com: Running on empty: The leading energy analysts who foretold Enron’s demise have an alarming new claim: The world’s major oil companies are almost tapped out.: “A spokesman for Royal Dutch/Shell in London was similarly coy, saying in an e-mail that the company had “no comment” on Herold’s projection” (ShellNews.net) Posted 19 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 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Friday, 18 March 2005

Mar 18th, 2005
by John Donovan.
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Royal Dutch Shell News Friday, 18 March 2005

THE NEW YORK TIMES: Judge Fines Motiva $10M in Tank Explosion: “Motiva, a joint supply venture between Shell and Saudi Refining…”: “…pleaded no contest to state charges of criminally negligent homicide…”: “The company… has paid more than $60 million to settle lawsuits”: “It is still the subject of a federal lawsuit…” (ShellNews.net) Posted 18 March 05

expatica.com: Shell stock options for executives: “Shell… had an “annus horribilis” in 2004 as it was forced to downgrade its estimate of oil reserves on several occasions. The scandal cost chairman Sir Philip Watts and other executives their jobs.” (ShellNews.net) Posted 18 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Thursday, 17 March 2005

Mar 17th, 2005
by John Donovan.
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Royal Dutch Shell News Thursday, 17 March 2005

Houston Chronicle: Shell proposes dropping stock options for executives: “Shell has been under heavy scrutiny since it admitted last year it had overstated its proven oil reserves and reduced the figure several times”: “The oil reserves scandal cost the company almost $150 million in fines imposed by U.S. and British regulators and led to the sacking of three senior executives.” (ShellNews.net) 17 March 05

The Scotsman: Shell Directors Lose Stock-Option Grants: “overshadowed by the fifth downgrade to the company’s oil and gas reserves of 10%, or 1.4 billion barrels. In addition, Shell said it only replaced between 15% and 25% of oil used in 2004. The string of reserves downgrades sparked the biggest crisis in the company’s history, leading to the departure of three senior executives, regulatory fines and prompting moves to merge Shell’s UK and Dutch parent firms after nearly 100 years of separate operations.” (ShellNews.net) 17 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Wednesday, 16 March 2005

Mar 16th, 2005
by John Donovan.
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Royal Dutch Shell News Wednesday, 16 March 2005

THE INDEPENDENT (UK): Market Report: Concern over sliding sales hits Morrisons: “Meanwhile, punters piled into BG Group, which stood at the top of the blue-chip gainers’ list. Its shares rose8.25p to 422.25p, as rumours of a bid for the gas group once again did the rounds of City dealing rooms. According to yesterday’s speculation, an oil major, possibly Shell, is looking to buy the company. BG is, by industry standards, something of a minnow, but boasts expensive reserves.” (ShellNews.net) 16 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Tuesday, 15 March 2005

Mar 15th, 2005
by John Donovan.
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Royal Dutch Shell News Tuesday, 15 March 2005

The Guardian (UK): BG reserves targeted: “The broker reckoned BG could also be a tempting target for Shell…” (ShellNews.net) 15 March 05

THE LONDON TIMES: Need to Know: “Sales at Royal Dutch/Shell’s petrol stations in Argentina have reportedly fallen by 70 per cent since Thursday, when Argentina’s Government called for a boycott of its products because of the group’s decision to raise prices.” (ShellNews.net) 15 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 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Monday, 14 March 2005

Mar 14th, 2005
by John Donovan.
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Royal Dutch Shell News Monday, 14 March 2005

Belfast Telegraph (Northern Ireland): Shell shock as Fortune poll reports: “Fortune magazine’s latest annual poll to find the world’s most admired companies shows several high-profile companies have fallen from grace. The All-Star list no longer includes Royal Dutch/Shell, which significantly overstated its oil and gas reserves, or Merck, which recalled its US$$2.5bn blockbuster painkiller Vioxx. (ShellNews.net) 14 March 05

Reuters: Shell denies Sakhalin swap deal: “Shell has dismissed media reports that it has agreed to swap 7 percent of the Sakhalin-2 project in Russia’s Far East for the interests of Gazprom in the vast Shtokman Arctic gas field” (ShellNews.net) 14 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Sunday, 13 March 2005

Mar 13th, 2005
by John Donovan.
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Royal Dutch Shell News Sunday, 13 March 2005

The Observer: Shell caves in to Russian pressure on Sakhalin project: “Gazprom, the recently nationalised Russian gas giant, is about to muscle in on Shell’s $12 billion pipeline Sakhalin-2 oil and gas project.”: “; the deal would see Shell lose majority control of Sakhalin-2.” (ShellNews.net) 13 March 05

THE SUNDAY TIMES (UK): Labour rejects gift of £500,000: “THE Labour party has secretly rejected a £500,000 gift because of concerns about the donation from a lobbyist with a colourful client list.”: “Other clients named include… Shell, the oil firm investigated and fined for misstating its reserves; and BAE Systems, which is being probed over allegations that it bribed Saudi royals and politicians to win valuable defence contracts.” (ShellNews.net) 13 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Saturday, 12 March 2005

Mar 12th, 2005
by John Donovan.
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Royal Dutch Shell News Saturday, 12 March 2005

THE WALL STREET JOURNAL: Argentina Pres’s Shell Bashing Raises Eyebrows: A day after urging Argentina’s citizens to boycott the local unit of Royal Dutch/Shell Group (RD) for announcing plans to raise gasoline prices, President Nestor Kirchner called the company “one of the 10 worst” worldwide (ShellNews.net) Posted 12 March 05

MoneyPlans.net: INDONESIAN PARLIAMENT TO SUMMON PETRONAS AND SHELL OVER AMBALAT: “Petronas has awarded Shell the Ambalat and East Ambalat blocks which are within the Indonesian territory, legislator Ransom Siagian said here yesterday. Ransom said the granting of the concession by Petronas is an insult to the country…” (ShellNews.net) 12 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Friday, 11 March 2005

Mar 11th, 2005
by John Donovan.
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Royal Dutch Shell News Friday, 11 March 2005

Reuters: Shell sells Australian oil fields (ShellNews.net) 11 March 2005

Irish Times: Leave to seek orders against gas field given: “An environmentalist was given leave by the High Court yesterday to seek orders next week against Shell and another company, Lennon Quarries Ltd, requiring them to cease all works on the site of the proposed Corrib gas field…”: “He wants a declaration that all works carried out by Shell at Bellynagelly South are unauthorised, unlawful and in breach of planning permission.” (ShellNews.net) 11 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Thursday, 10 March 2005

Mar 10th, 2005
by John Donovan.
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Royal Dutch Shell News Thursday, 10 March 2005

London Evening Standard: Shell ready to return to India: “SHELL is eyeing a return to India just three years after deciding to quit and selling the field that transformed Cairn Energy for loose change.”: “Cairn paid it just $20m (£10.4m) to take control of a block in Rajasthan. Within two years it was announcing one of the biggest discoveries in the country! One billion barrels of oil. The find came just days after Shell’s devastating reserves crisis broke.” (ShellNews.net) Posted 10 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Tuesday, 8 March 2005

Mar 8th, 2005
by John Donovan.
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Royal Dutch Shell News Tuesday, 8 March 2005

THE WALL STREET JOURNAL: Thousands Flee Nigerian Violence Over Oil Revenues: “…the fighting was over who should receive benefits from Royal Dutch/Shell…” (ShellNews.net) 8 March 05

THE SCOTSMAN:Shell Plans Unmanned Petrol Stations(ShellNews.net) 8 March 05

THE WALL STREET JOURNAL: Shell’s Draugen May Be Shut Rest Of Wk-Norway Govt (ShellNews.net) 8 march 05

BLOOMBERG: Shell Final Audit Shows 2002 Reserves Overstated 41% (Update2): “Royal Dutch/Shell Group, Europe’s second-largest oil company, reported its oil and gas reserves as of 2002 had been overstated by 41 percent, the culmination of five cuts that led to investor lawsuits, the loss of three senior executives and more than $150 million of fines.”: “The U.S. Justice Department is conducting a criminal inquiry of the matter. Shell last year lost its AAA credit ratings because of the reserves restatements.” (ShellNews.net) Posted 8 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Monday 7 March 2005

Mar 7th, 2005
by John Donovan.
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Royal Dutch Shell News Monday 7 March 2005

Asia News: Yahoo: Shell buys 30 pct stake in Egypt W. Desert blocks (ShellNews.net) Posted 7 March 05

FINANCIAL TIMES: Chevron starts takeover talks with Unocal: “Chevron’s fresh position as a front-runner to buy Unocal could spur other suitors, such as CNOOC, Royal Dutch/Shell, BP, or others, to make last-ditch counter-offers.” (ShellNews.net) 7 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 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Sunday 6 March 2005

Mar 6th, 2005
by John Donovan.
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Royal Dutch Shell News Sunday, 6 March 2005

THE SUNDAY POST (IRELAND): Shell threat of court action over disputed Corrib pipeline: “Shell E&P Ireland has threatened High Court action against residents of Co Mayo if they continue to block access to private property near the route of the Corrib natural gas pipeline.” (ShellNews.net) 6 March 05

THE SUNDAY TIMES (UK): Fuel of the future is just past Woolies: Britain’s first filling station for hydrogen, the new ‘wonder alternative’ to petrol, is about to open, writes Emma Smith of The Sunday Times: “In Britain, Shell is going head to head with BP with its own plans for a chain of hydrogen filling stations. “We would hope to move quickly from isolated projects to building up the first network of hydrogen filling stations, to serve one large urban area, perhaps in London, Birmingham or Manchester by 2007,” says Jeremy Bentham, who runs Shell’s hydrogen division.” (ShellNews.net) 6 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Saturday, 5 March 2005

Mar 5th, 2005
by John Donovan.
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Royal Dutch Shell News Saturday, 5 March 2005

THE LONDON TIMES: Can Shell’s Canadian sands yield more oil than the Saudi deserts?: “Transforming black sand into oil is costly and dirty, but there is plenty of it about” (ShellNews.net) 5 March 05

THE LONDON TIMES: High crude price props up this costly process: “The Athabasca sands could restore Shell’s reserves, so it must be galling that not a single one of Shell’s six billion barrels in Northern Alberta features in Shell’s statement of reserves. The US Securities and Exchange Commission refuses to consider the deposits as oil reserves…” (ShellNews.net) 5 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Friday, 4 March 2005

Mar 4th, 2005
by John Donovan.
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Royal Dutch Shell News Friday, 4 March 2005

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 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Tuesday, 1 March 2005

Mar 3rd, 2005
by John Donovan.
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Royal Dutch Shell News Tuesday, 1 March 2005

THE LONDON TIMES: Need to Know: “Shell signed its second agreement with Qatar’s government in two days…” (ShellNews.net) 1 March 05

FINANCIAL TIMES: Shell cements its position with LNG deal: “Royal Dutch/Shell’s signing of a $7bn (£3.65bn) liquefied natural gas deal with Qatar this week cements its position as global leader in liquefied natural gas – the boom area of energy investment – and will boost its flagging oil and gas reserves.”: “Despite Shell’s conservative assumption on oil prices, worries remain that companies are taking big risks when investing billions in LNG plants, ships and pipelines.” (ShellNews.net) 1 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Wednesday, 2 March 2005

Mar 2nd, 2005
by John Donovan.
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Royal Dutch Shell News Wednesday, 2 March 2005

Reuters: Shell Canada Buys Offshore Newfoundland Rights: “Shell Canada Ltd. marked its exploration return to offshore Newfoundland on Wednesday by acquiring a 20 percent interest in eight exploration licenses in the Orphan Basin” (ShellNews.net) 2 March 05

THE WALL STREET JOURNAL: Shell Canada Acquires Expl Rights In Orphan Basin Offshore Newfoundland: “Shell Canada Ltd. (SHC.T) has acquired a 20% stake in eight exploration licenses in the Orphan Basin in the deepwater region offshore Newfoundland and Labrador.” (ShellNews.net) 2 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Radio Netherlands: Oil giant goes on drilling despite bad press

Mar 1st, 2005
by John Donovan.
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Radio Netherlands: Oil giant goes on drilling despite bad press

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. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Tuesday, 1 March 2005

Mar 1st, 2005
by John Donovan.
Comments are off for this post

Royal Dutch Shell News Tuesday, 1 March 2005

THE LONDON TIMES: Need to Know: “Shell signed its second agreement with Qatar’s government in two days…” (ShellNews.net) 1 March 05

FINANCIAL TIMES: Shell cements its position with LNG deal: “Royal Dutch/Shell’s signing of a $7bn (£3.65bn) liquefied natural gas deal with Qatar this week cements its position as global leader in liquefied natural gas – the boom area of energy investment – and will boost its flagging oil and gas reserves.”: “Despite Shell’s conservative assumption on oil prices, worries remain that companies are taking big risks when investing billions in LNG plants, ships and pipelines.” (ShellNews.net) 1 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.