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June, 2005:

Shell Accused of Hanging Shareholders ‘Out to Dry’

The Scotsman: Shell Accused of Hanging Shareholders ‘Out to Dry’

Tuesday 28 June 2005

By David Winning, PA City Staff

Shell shareholders today expressed anger at an £80 million tax bill that will follow the biggest overhaul in the oil giant’s 100 year history.

They accused the board of “hanging them out to dry” by devising a scheme to unify its UK and Dutch assets that leaves many facing large losses from capital gains tax.

Shell Transport, which has its headquarters in London, plans to merge with Netherlands-based Royal Dutch Petroleum next month as it strives to eliminate failings that led to its reserves crisis last year. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Bloomberg: Royal Dutch, Shell Shareholders Vote to Combine (Update3)

Bloomberg: Royal Dutch, Shell Shareholders Vote to Combine (Update3)

Tuesday 28 June 2005

June 28 (Bloomberg) — Royal Dutch/Shell Group shareholders voted to merge its holding companies in the Netherlands and Britain, ending a century-old separation that investors said damaged what was the world’s largest publicly traded oil company.

The votes at Royal Dutch Petroleum Co. near The Hague and Shell Transport & Trading Co. in London today will disband companies that since 1907 had operated as one with separate stock- market listings and boards of directors. Shell’s U.K. shares rose 3.2 percent, the biggest one-day gain since Feb. 1. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

THE NEW YORK TIMES: Shareholders Approve Shell Unification

THE NEW YORK TIMES: Shareholders Approve Shell Unification

28 June 2005

By THE ASSOCIATED PRESS

Published: June 28, 2005

THE HAGUE, Netherlands (AP) — Shareholders overwhelmingly approved the unification of the Royal Dutch/Shell Group of Cos. on Tuesday, an attempt by the world’s third-largest oil producer to recover after a scandal over restated reserves.

Some 97.4 percent of shareholders in the Netherlands and 96.38 percent in London voted in favor of ending a century-old dual corporate structure at the Anglo-Dutch company.

”The opportunities for simplification and quicker decision making and clearer accountability are tremendous, and I think it’s going to make a huge difference,” said Malcolm Brinded, Shell’s executive director for exploration and production. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Campaigners vent fury at Shell board: 28 June 2005

Financial Times: Campaigners vent fury at Shell board: 28 June 2005

Human rights campaigners on Tuesday urged Royal Dutch/Shell to improve its environmental policy, seizing the platform of the energy group’s Dutch annual meeting in Scheveningen to accuse it of “polluting communities and destroying lives”.

A string of campaigners expressed fury and frustration at what they claimed was the company’s failure to address the concerns of local communities.

“Our lives are being destroyed,” said one man, referring to oil spills and gas flaring in Africa’s Niger delta. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

CityWire: Shell merger moves market

CityWire: Shell merger moves market

Tuesday 28 June 2005

By: Douglas Bence, Companies Correspondent

The most antiquated corporate structure in the world was dead and buried today as shareholders in Royal Dutch Shell and Shell Transport and Trading voted to merge.

For 98 years, both companies had their own shareholders and boards of directors, but attempted to trade as one unit. The antiquated structure became increasingly burdensome, inefficient, expensive and eventually disastrously counterproductive.

Seven years ago Shell was the world’s largest quoted company in the sector, but in terms of revenue and production, it has since fallen behind BP and Exxon. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Minneapolis Star Tribune: Court to consider gasoline price-fixing case

Minneapolis Star Tribune: Court to consider gasoline price-fixing case

Associated Press

June 27, 2005

WASHINGTON — The Supreme Court said Monday it would consider whether to dismiss a lawsuit accusing ChevronTexaco Corp. and Shell Oil Co. of improperly inflating gas prices in the late 1990s.

Justices will review a lower court ruling that allowed the class-action lawsuit by 23,000 gas station owners to proceed. The lawsuit accuses Shell and Texaco of setting up two joint ventures in 1998 to illegally fix gas prices.

The San Francisco-based 9th U.S. Circuit of Appeals ruled the suit should go to trial because of evidence suggesting the venture unfairly restrained trade. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Washington Post: Court to decide Shell, Texaco gas case

Washington Post: Court to decide Shell, Texaco gas case

By James Vicini

Reuters

Monday, June 27, 2005

WASHINGTON (Reuters) – The U.S. Supreme Court said on Monday it would decide the antitrust liability of a joint venture that sets the same selling price for different brand products in a case involving a gasoline price-fixing lawsuit against Shell Oil Co. and Texaco Inc.

The justices agreed to hear appeals by the two oil companies of a U.S. appeals court ruling that the antitrust law’s automatic prohibition against price fixing applied to the economic arrangements under their two joint ventures. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Reuters AlertNet: Greenpeace protests against CSFB’s Sakhalin work

Reuters AlertNet: Greenpeace protests against CSFB’s Sakhalin work

Monday 27 Jun 2005

Source: Reuters

MOSCOW, June 27 (Reuters) – Greenpeace campaigners held a protest vigil outside Credit Suisse First Boston’s Moscow office on Monday against its involvement in a Shell-led energy project in the Russian Far East which they say threatens rare whales.

Around a dozen protesters in orange jumpsuits paraded outside CSFB’s Moscow office with signs that read “Stop financing Sakhalin oil” and “Nature is worth more than oil.” Other similar protests were planned in London and New York. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Borneo Post: Sarawak Shell to retrieve fallen Super Puma

Borneo Post: Sarawak Shell to retrieve fallen Super Puma

Monday 27 June 2005

By George Francis

MIRI – Sarawak Shell Bhd has commenced operation to salvage a Super Puma helicopter that plunged into Bintulu waters, 11 kilometres before reaching its destination – B-11 gas production platform – on June 18.

A series of technical-logistical and strategic discussions had taken place before mobilisation on the scheduled offshore salvage operation.

The company, an exploration and production arm of Shell Malaysia has less than two weeks time to retrieve the chopper 100 metres below the water surface before its beacon signal fades. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

BLOOMBERG: Shell Investors to Approve Merger, Making Purchases Easier

BLOOMBERG: Shell Investors to Approve Merger, Making Purchases Easier

Monday 27 June 2005

June 27 (Bloomberg) — Shareholders of Royal Dutch/Shell Group, the third-largest publicly traded oil producer, are set to back a merger of its Dutch and British parent companies, ending a century-old dual ownership structure that has hindered takeovers.

Investors including Craig Pennington, head energy analyst at Schroders Plc in London, which holds more than 2 percent of Shell’s U.K. shares, said they back the combination, to be voted on at meetings in London and The Hague tomorrow. Shareholders will receive stock in Royal Dutch Shell Plc in place of current holdings in Royal Dutch Petroleum Co., which owned 60 percent of the group, and Shell Transport & Trading Co., which held the rest. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Bid Puts New Focus on China’s Oils

BARRON’SOnline: Bid Puts New Focus on China’s Oils

Monday 27 June 2005

By LESLIE P. NORTON

Emerging Markets

EVER SINCE ITS INITIAL public offering in 2001, China National Offshore Oil Corp., or Cnooc (ticker: CEO), has traded at a premium to the better- known PetroChina (PTR), notwithstanding billionaire Warren Buffett’s stake in the latter.

Growth prospects for Cnooc, which explores offshore for oil and gas, were perceived as superior. PetroChina was saddled with mature fields and difficult-to-extract reserves, as well as thousands of gas stations subject to price controls. The other Chinese oil stock, downstream play Sinopec (SNP), historically has traded at a discount to both. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Cross-Border Deals Feed an M&A Boom

THE WALL STREET JOURNAL: Cross-Border Deals Feed an M&A Boom

By MICHAEL WANG

DOW JONES NEWSWIRES

June 27, 2005

European mergers and acquisitions have almost doubled in value during the second quarter from a year earlier, as corporations’ increasing appetite for takeovers raises hopes that 2005 could be the biggest year for deal-making since the boom of 1999-2000.

Bold, cross-border takeovers in the financial-services, telecommunications and real-estate sectors are driving much of the deal activity. Meanwhile, private-equity firms have intensified their influence over the M&A market, a reflection of the success of these loosely regulated investment pools at raising capital. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The boards of Royal Dutch Petroleum and Shell Transport and Trading will be merged

Daily Telegraph (UK): The week ahead: The boards of Royal Dutch Petroleum and Shell Transport and Trading will be merged into one with a single chairman and chief executive

Monday 27 June 2005

A guide to company results and meetings, and economic statistics (Filed: 27/06/2005)

Shareholders of oil giant Royal Dutch/Shell are expected to vote in favour of a restructuring programme at Tuesday’s annual meeting that will simplify the firm’s complex dual-board structure.

The boards of Royal Dutch Petroleum and Shell Transport and Trading will be merged into one with a single chairman and chief executive. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell’s head of the exploration and production division, Malcolm Brinded, under fire

Daily Telegraph (UK): City checklist: Shell’s head of the exploration and production division, Malcolm Brinded, is coming under fire from investors for the company’s lacklustre performance in securing major new production

Monday 27 June 2005

The Financial Services Authority is likely to impose a fine of between £15m and £25m on Citigroup next week, following a controversial bond trade last year.

• Archie Norman, rumoured to be interested in running Wm Morrison, has denied that he has received an approach from either the company or its advisers.

• Shell’s head of the exploration and production division, Malcolm Brinded, is coming under fire from investors for the company’s lacklustre performance in securing major new production. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell chiefs braced for storm: Investor anger brews over share tax and directors’ pay

The Guardian (UK): Shell chiefs braced for storm: Investor anger brews over share tax and directors’ pay

Monday June 27, 2005

Terry Macalister

Shell tomorrow faces the most important annual shareholders meeting in its 100-year history, as criticism mounts about tax on shareholders, reserves replacement performance and a host of other issues.

The Anglo-Dutch oil group is expected to win overwhelming support for its radical plan to dump its dual-company structure and adopt a unified board following the 2004 reserves fiasco when it admitted it had overstated its reserves by billions of barrels.

But there will be harsh criticism from British small investors in the Dutch Petroleum side of the business. Such shareholders stand to pay out up to £80m in capital gains tax as a result of the shake-up. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Final dual meetings for Royal Dutch Shell: If approved, the new company will be known as Royal Dutch Shell plc

Financial Times: Final dual meetings for Royal Dutch Shell: If approved, the new company will be known as Royal Dutch Shell plc

Monday 27 June 2005

Royal Dutch Shell, the Anglo-Dutch energy group, will hold simultaneous annual meetings in London and the Hague for the final time, if shareholders approve the belated union of the two parent companies.

Royal Dutch and Shell Transport and Trading will be joined under a single board for the first time since they combined forces in 1907, part of a sweeping re-organisation of the company after last year’s reserve downgrade scandal.

If approved, the new company will be known as Royal Dutch Shell plc, and will trade in London and will be added to the FTSE UK indices. However, the company will be headquartered in Holland. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Exploration & Production Chief, Malcolm Brinded under fire says The Observer

ShellNews.net: Shell Exploration & Production Chief, Malcolm Brinded OBE under fire says The Observer

Sunday 26 June 2005

By ShellNews.net Editor

John Donovan

In an article headed” Exploration chief under fire in new-look Shell”, the Observer reports that “One leading investor said: ‘One area where people are looking closely and thinking about change is that they are getting fed up with Brinded.’ According to the article his “concerns were echoed by some analysts”

In another Observer article headlined “Shell: still too sure of itself?”, an investor is quoted as saying: ‘There are management questions here. Malcolm Brinded [head of E&P] was seen as a steady hand last year, but Oman and the speed of development elsewhere has led to muttering about him.’ read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell to end going Dutch and unite

THE BUSINESS: Shell to end going Dutch and unite

Sunday 26 June 2005

By: Richard Orange June 26, 2005

THIS Tuesday, Royal Dutch/Shell’s management team go their separate ways. Chairman Jeroen van der Veer is off to The Hague, taking with him refining head Rob Routs and gas chief Linda Cook. Exploration head Malcolm Brinded stays in London, bringing along retiring chairman Lord Oxburgh.

Management might act as one when deciding on what terms to accept for one of the company’s multibillion dollar mega-projects, as the company has always claimed, but each director is subservient to the board of one half or other of the separate listed arms of Royal Dutch Petroleum and Shell Transport and Trading. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

FTSE dominance beckons for oil and gas

THE BUSINESS: FTSE dominance beckons for oil and gas

Sunday 26 June 2005

By: Richard Orange

THE oil and gas sector is set to depose the financial sector as the most valuable on London’s FTSE index within months of Royal Dutch Petroleum merging with Shell Transport and Trading on July 20.

Shareholders meet on Tuesday to vote on whether to merge the two companies, setting in motion a process that index analysts expect to lead to the first change in the top FTSE sector since banks jumped in front of telecoms as the technology bubble burst in 2000.

It will be the first time the oil and gas sector has been dominant, as measured by today’s FTSE classifications, since it held thrall in the 1980s. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Yahoo! News: Shell shareholders prepare to vote on historic merger

Yahoo! News: Shell shareholders prepare to vote on historic merger

Sunday 26 June 2005

LONDON (AFP) – Royal Dutch/Shell shareholders will vote Tuesday on historic plans to merge the oil giant’s two holding companies following an internal crisis caused by the overestimation of proved energy reserves.

At separate annual general meetings in The Hague and London, shareholders were expected to end nearly a century of tradition by backing an overhaul of the group’s corporate governance structures via unification of Royal Dutch Petroleum and the British arm Shell Transport and Trading. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Sunday Business Post (Ireland): Hot competition for Shell’s Irish business

Sunday Business Post (Ireland): Hot competition for Shell’s Irish business

Sunday 26 June 2005

By Neil Callanan

Maxol, Petrogas and Statoil are among the companies believed to have considered buying the Irish business of Shell, according to retail sources.

Shell said this weekend that it was in talks with a number of prospective buyers for its retail service station network, supply and distribution assets and facilities and its commercial fuels, lubricants and marine businesses.

Shell is keeping its Corrib natural gas project as well as its aviation, bitumen and chemicals businesses. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Independent on Sunday: Shell to sing a new tune

The Independent on Sunday: Shell to sing a new tune

Sunday 26 June 2005

Edited by Ben Schneiders

After last year’s reserves scandal, Shell shareholders will get the chance on Tuesday to approve a radical revamp of the company’s structure. They will vote on a proposal to merge the Dutch and British holding companies to form a single entity, to be called Royal Dutch Shell.

For nearly a century, Shell has operated under dual ownership, but this came under heavy fire in 2004 after the group slashed its proven oil and gas reserves by 20 per cent. The scandal claimed three top executives and severely dented investor confidence in the corporate structure and management. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Observer: Exploration chief under fire in new-look Shell

The Observer: Exploration chief under fire in new-look Shell

Sunday June 26, 2005

Oliver Morgan

Malcom Brinded, head of Shell’s exploration and production division, will come under growing pressure from investors as the dual-listed company prepares for an historic merger of its UK and Dutch arms.

Investors meeting in London and The Hague this week will point to Shell’s lacklustre performance in securing major new production, including the failure to secure the rights to develop oilfields in Oman and Abu Dhabi, and the absence of a clear plan to replace reserves that were downgraded last year. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Scotland on Sunday: Chaos looms as Shell’s halves unite at last

Scotland on Sunday: Chaos looms as Shell’s halves unite at last

Sunday 26 June 2005

IN THE CITY

IAIN DEY

SHELL runs the risk of spreading chaos through the market this week via its efforts to clean up its reputation.

The oil giant is to seek shareholder approval for the overhaul of its complicated corporate structure that was demanded in the wake of last year’s reserves reporting scandal.

At separate meetings in London and Amsterdam on Tuesday morning shareholders will vote on the plans to unify the company’s Dutch and British halves into one organisation – which are likely to be approved by an overwhelming majority of shareholders. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Nigeria: campaigners won’t let Saro-Wiwa die

The Observer: Nigeria: campaigners won’t let Saro-Wiwa die

Sunday June 26, 2005

People living in the shadow of Shell refineries and pipelines will be converging on the oil giant’s annual meetings in London and The Hague this week in order to draw attention to its record on pollution and human rights.

Community representatives and environmental campaigners from Siberia to Texas, and from Nigeria to the Philippines, will be among those seeking to put polite but embarrassing questions to Shell’s board this week.

Co-ordinated by Friends of the Earth, it’s an increasingly well-organised – and impatient – campaign, which this year marks the tenth anniversary of Ken Saro-Wiwa’s death. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell: still too sure of itself?

The Observer: Shell: still too sure of itself?

Sunday 26 June 2005

Worries linger, but the oil giant has at least listened to investors, writes Oliver Morgan

Sunday June 26, 2005

The Observer

On Tuesday, the directors of Royal Dutch Shell, the dual-listed oil group, head for annual meetings in London and the Hague, expecting a smoother ride than they got this time last year.

Then they faced their owners sure of only one thing: a tongue lashing. The company was in the midst of a crisis triggered by the downgrading of oil and gas reserves by 4.5 billion barrels, or 23 per cent (there have since been further cuts of 1.4 billion). Anger grew as details emerged about directors covering up the problems. There was outrage that Shell’s former senior executive, Sir Phil Watts, got a £1 million payoff. There was concern at the clumsy company structure, and irritation at the apparent resistance to change. Lord Oxburgh looked shell shocked as he was barracked from the floor. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

THE SUNDAY TELEGRAPH: Investors play the Shell game

THE SUNDAY TELEGRAPH: Investors play the Shell game

Sunday 26 June 2005

(Filed: 26/06/2005)

Shares in the oil giant have seen stronger rises than BP’s for a technical reason relating to its unification with Royal Dutch. Can the outperformance last? Sylvia Pfeifer reports

A deceptively simple new investment idea has been doing the rounds of the trading floors in the City in recent weeks: “Sell BP, buy Shell”. The idea has little to do with the fundamentals of the respective businesses of the two oil giants but a lot to do with the upcoming merger of Shell’s two operating companies, Shell Transport & Trading, its UK arm, and Royal Dutch Petroleum of the Netherlands. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The bad sport who rained on Shell’s unification parade

ShellNews.net: Who is the bad sport raining on Shell’s unification parade? Which veteran Shell shareholder has dampened the biggest Corporate Overhaul in Shell’s history? The answer: Alfred Donovan, the 88 year old Shell AGM party pooper. Why has he embarrassed the hell out of Shell for over decade?

Saturday 25 June 2005

In a recent Wall Street Journal article (“Shell wages legal fight over web domain name”) staff reporter, Chip Cummins, described as a “rare coup”, Alfred Donovan’s registration of the domain name “royaldutchshellplc.com”.

News of Shell’s huge embarrassment on the eve of its unification dual AGM’s in The Hague and London has spread in newspapers and websites around the globe, with coverage in The Wall Street Journal, The London Times, The Washington Post, The New York Times, The Gulf-Times in Qatar, plus Reuters, Yahoo! News, MSN Money, etc on the Internet. There has also been coverage in Russia, Germany, and countless news stories in the Netherlands, where the HQ of Royal Dutch Petroleum Company is located. The Reuters story (“Shell shareholders to back unification”) says that Mr Donovan “beat Shell to register the domain name”. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Deutsche Welle (Germany): Brent Spar Revisited, 10 Years On

Deutsche Welle (Germany): Brent Spar Revisited, 10 Years On

Saturday 25 June 2005

In 1995, Greenpeace stood up against Shell Oil, which wanted to sink an obsolete oil platform in the North Sea. The oil concern relented, but the standoff changed Greenpeace, Shell and the North Sea.

In the spring of 1995, the Shell oil exploration company and Greenpeace were in the midst of a standoff. Shell announced it would sink the Brent Spar oil platform in the North Sea, and Greenpeace activists occupied the platform for a full two weeks in protest.

The media and politicians were drawn to the issue. Helmut Kohl, Germany’s chancellor at the time, came out opposed to the company’s plan. A widespread call to boycott Shell gas stations in Germany overrode party lines. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

This Day Online (Nigeria): Ogoni: Shell Faces Infrastructure Crisis

This Day Online (Nigeria): Ogoni: Shell Faces Infrastructure Crisis

Saturday 25 June 2005

By Isichei Osamgbi, 06.25.2005

As the Reverend Father Mathew Hassan Kukah’s Panel on Ogoni-Shell reconciliation gets underway, the Shell Petroleum Development Company (SPDC) is set to face fresh crisis, though this time in the area of maintenance of its age long facilities which have moved fast into very bad states.

A report made available to THISDAY, in response to recent press reports on the Ogoni reconciliation, the company appraised the huge cost of getting its facilities back into shape, noting the full implications, which are set to double its material cost of being operationally absent in the Ogoniland for about a decade, running into millions of dollars. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Post (Ireland): Shell in talks to sell retail and commercial businesses

The Post (Ireland): Shell in talks to sell retail and commercial businesses

Posted Saturday 25 June 2005

Shell announced today it is in negotiations with a number of prospective buyers for its retail and commercial businesses in Ireland.

The businesses include its retail service station network, supply and distribution assets and facilities, commercial fuels, lubricants and marine businesses.

The Corrib Natural gas project, which is part of Shell’s Exploration and Production business in Ireland, will not be affected in any way by this announcement.

In addition, Shell’s aviation, bitumen and chemical businesses are unaffected. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

THE NEW YORK TIMES: Oil Prices Settle at Record Near $60

THE NEW YORK TIMES: Oil Prices Settle at Record Near $60

Saturday 25 June 2005

By THE ASSOCIATED PRESS

VIENNA, Austria (AP) — Crude oil futures settled at a record near $60 a barrel Friday as prices rose on speculative buying and fears of supply disruptions due to refinery glitches.

Analysts said the bullish momentum was supported mainly by talk of several minor refinery snags in California, including an outage at Shell’s Martinez plant, fueling fears of supply disruptions at the start of the high-demand summer driving season. OPEC suggestions that it was willing to hike output left markets unimpressed, they said. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Share of the month update

The Times: Share of the month update

Saturday June 25, 2005

WE ARE off to the races again in the stock markets, with signs of a resurgence of super growth in China dispelling earlier fears of global economic slowdown. Renewed investor confidence and massive liquidity are driving up prices of shares despite the surge in the price of oil to $60 a barrel.

The market has, for now, shrugged off concern at the high cost of energy and is focused on putting money to work in good shares. Oil shares are the hottest. Hitherto, they hardly felt the heat from the higher price of oil. Now they are bid up but could still go higher. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Private Investor: Slick returns are all thanks to the rising price of oil

The Independent (UK): Private Investor: Slick returns are all thanks to the rising price of oil

Sean O’Grady

Published: 25 June 2005

OK, so the Footsie is marking time at the moment, but things could be a lot, lot worse, and indeed they have been. At the mo, I’m happy to report that quite a few of my blue chips are continuing to make steady, unspectacular progress.

Rolls-Royce, in particular, has become a strong performer, and I’m in the money on all the various tranches of shares I’ve bought in the past 10 years or so. I reckon the average of these is about 200p while the shares are now heading for the 300p mark. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Stakeholders still win through Shell and back

Daily Telegraph (UK): Stakeholders still win through Shell and back

Saturday 25 June 2005

The Cheshire Building Society will lend you money at 4.99pc, fixed for 25 years. Although this is a fixed-rate mortgage aimed at house buyers who want the unprecedented certainty that such a loan provides, such a long-term fix presents an extraordinary opportunity for those who already have a house with little or no debt on it.

Few lenders now insist that the money they advance is actually used to buy your home; if the security is good enough, and they are happy about your ability to repay (or at least to service) the loan, then they are eager to lend, as early-bird buy-to-let investors can testify. Encouraged by the experience of owning their own home, they have done well. The market now betrays many of the signs of overheating, as rents stagnate and latecomers gamble by buying off developer’s plans. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

‘We didn’t ask to sell the shares, yet they expect us to pay up’

Daily Telegraph (UK): ‘We didn’t ask to sell the shares, yet they expect us to pay up’

Saturday 25 June 2005

(Filed: 25/06/2005)

Kent couple Peter and Sheila Jamieson are furious that they are having to pay a large capital gains bill because of Shell’s plans to merge its Dutch and British parts into one company.

Mrs Jamieson, 84, is facing a £33,000 tax bill on her 4,800 Royal Dutch Petroleum shares, worth £167,000, because of the restructuring which is being voted on by shareholders next week.

She said: “The American and Dutch shareholders are not having to pay because the law is different. We have not asked to sell the shares… and they expect us to pay capital gains tax. It’s disgusting.” read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell shareholders face £80m tax bill

Daily Telegraph (UK): Shell shareholders face £80m tax bill

Saturday 25 June 2005

By Christopher Hope, Business Correspondent (Filed: 25/06/2005)

Oil major accused of ‘unacceptable arrogance’ • Some investors ‘wait and see’ • Chief says fairness was the aim

British shareholders in Royal Dutch Petroleum will have to pay nearly £80m in capital gains tax as a result of next week’s restructuring of Shell into one company.

The Association of Private Client Investment Manager and Stockbrokers accused Shell of “real, unadulterated, unacceptable arrogance” for failing to ease the tax hit. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

THE NEW YORK TIMES: Shell Shareholders to Back Unification

THE NEW YORK TIMES: Shell Shareholders to Back Unification

Another dampener on Shell’s biggest corporate overhaul since the two holding firms tied up in 1907, is a spat over the rights to the web domain “royaldutchshellplc.com.” Disgruntled shareholder Alfred Donovan beat Shell to register the domain name. Shell has sued Donovan for the rights to the domain but while the matter plays out, Donovan uses the site to lambaste Shell management.

Posted Saturday 25 June 2005

By REUTERS

DUBLIN (Reuters) – Royal Dutch/Shell shareholders are expected to vote overwhelmingly in favor of scrapping the oil giant’s century-old dual-listed structure on Tuesday.

Skip to next paragraph Shell hopes the unification of its Dutch and British parent companies will improve management efficiency and accountability, areas on which the firm needs to reassure investors after a damaging reserves overbooking scandal last year.

“It’s what investors have been calling for. Hopefully it will sail through … we hope it’s going to augur a new era,” said Richard Lewis, who manages $8 billion, including Royal Dutch shares, for New Star Asset Management in London. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Independent: John Walsh: Tales of the city

The Independent: John Walsh: Tales of the city

“What is one to make of the behaviour of Sir Hugh Laddie, better known as Mr Justice Laddie…”

Posted Friday 24 June 2005

Where will it end? Ambition, ties and socks are all being left behind in the pursuit of fun

What is one to make of the behaviour of Sir Hugh Laddie, better known as Mr Justice Laddie, an awesomely distinguished, vertiginously eminent senior judge at the Chancery Division of the High Court of Justice? He has done a runner. He has legged it. Bored with judicial protocol, enervated by the daily wrestling-match with arcane questions of copyright and “intellectual property” (his special subject), he has chucked it all in, to join a firm of solicitors as a consultant. read more

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The Guardian: Boredom forces judge to quit

The Guardian: Boredom forces judge to quit

Clare Dyer, legal editor

A high court judge who is leaving the bench to join a firm of solicitors because he is bored with judging took fellow judges by surprise yesterday.

Mr Justice Laddie has risked the disapproval of the legal establishment by breaking the unwritten convention that the bench is a life sentence ended only by retirement or death.

Yesterday his resignation was the talk of the inns of court where judges meet for lunch. One appeal court judge said: “For some of the old school people at Lincoln’s Inn, saying he was going to join a firm of solicitors was a double insult.” read more

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Daily Telegraph: Boredom, comedy, high drama – what more could a judge ask for?

Daily Telegraph (UK): Boredom, comedy, high drama – what more could a judge ask for?

Friday 24 June 2005

By Tom Utley

(Filed: 24/06/2005)

Anybody who has sat through a long court case will have a great deal of sympathy with Mr Justice Laddie, who looks like a jolly sort of fellow from his photograph. He is the High Court judge who announced this week that he was resigning from the Bench because he no longer found the work “stimulating”. At the age of 59, he plans to join a firm of solicitors, because he thinks that working with a team will be more fun than sitting in lonely judgment in the Chancery Division, as he has done for the past 10 years. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Washington Post: Shell shareholders to back unification

Another dampener on Shell’s biggest corporate overhaul since the two holding firms tied up in 1907, is a spat over the rights to the web domain “royaldutchshellplc.com.” Disgruntled shareholder Alfred Donovan beat Shell to register the domain name. Shell has sued Donovan for the rights to the domain but while the matter plays out, Donovan uses the site to lambaste Shell management.

The Washington Post: Shell shareholders to back unification

Friday 24 June 2005

All Reuters News DUBLIN (Reuters) – Royal Dutch/Shell shareholders are expected to vote overwhelmingly in favor of scrapping the oil giant’s century-old dual-listed structure on Tuesday.

Shell hopes the unification of its Dutch and British parent companies will improve management efficiency and accountability, areas on which the firm needs to reassure investors after a damaging reserves overbooking scandal last year.

“It’s what investors have been calling for. Hopefully it will sail through … we hope it’s going to augur a new era,” said Richard Lewis, who manages $8 billion, including Royal Dutch shares, for New Star Asset Management in London. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Daily Express: Shell Chief’s scientific outlook

Daily Express: Shell Chief’s scientific outlook

Friday 24 June 2005

City & Business Editor: Stephen Kahn: email: [email protected]

Article by Andrew Johnson

CHIEF EXECUTIVE Jeroen van der Veer is to beef up Shell’s science and technology work as part of moves to show there is life after the oil giant’s disastrous recent past.

Outlining where he would like the company to be in 1o years, van der Veer said innovation would play a crucial role in giving it a competitive edge.

The move comes ahead of the company’s annual meeting on Tuesday, when shareholders are expected to rubber-stamp a revamp of Shell’s three-board, two company structure to a single board and company. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Nigerian Ogonis say Shell threatens peace move

Reuters: Nigerian Ogonis say Shell threatens peace move

Friday 24 June 2005

LAGOS, June 23 (Reuters) – An ethnic Ogoni group from Nigeria’s oil-producing Niger Delta accused Shell on Thursday of undermining a new government initiative to reconcile Ogoni communities with the oil multinational.

The local unit of Royal Dutch/Shellwas forced out of Ogoniland in 1993 by protests and attacks against installations over Ogoni demands for a bigger share of oil profits and anger at environmental damage.

Earlier this month President Olusegun Obasanjo appointed a Catholic priest as a mediator to try to bring about a reconciliation. Shell says it will only resume production in the Ogoni area if the communities agree. read more

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Globe & Mail (Canada): Shell grabs more B.C. land

Globe & Mail (Canada): Shell grabs more B.C. land

24 June 2005

By PATRICK BRETHOUR

Continuing to ramp up its exploration efforts, Shell Canada Ltd. has snapped up the biggest share of British Columbia’s annual sale of oil and gas rights.

The Calgary-based energy company said yesterday it spent $85-million for 23,379 hectares in northeastern British Columbia, which will double the size of its exploration area for non-conventional natural gas.

Shell has abandoned its previous aim of stabilizing its conventional production and reserves in Western Canada and is instead now actively and aggressively exploring, a message the head of the company repeated this week. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Reuters Canada: Shell Canada pays C$85 mln for B.C. acreage

Reuters Canada: Shell Canada pays C$85 mln for B.C. acreage

Friday 24 June 2005

NEW YORK (Reuters) – Shell Canada Ltd. has acquired a large tract of land in northeastern British Columbia for C$85 million ($69 million) as it looks to repeat recent gas drilling success, the company said on Thursday.

Shell Canada, the country’s No. 2 oil producer and refiner, said it picked up 58,000 acres in the Deep Basin area and it expects to start drilling next winter.

The company has been boosting exploration efforts in the foothills of the Rocky Mountains, and in 2004 made a large gas discovery after reexamining lands it has drilled for years. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Hague proves a stumbling block

Financial Times: The Hague proves a stumbling block

Friday 24 June 2005

By Clay Harris

Mary Jo Jacobi, Royal Dutch/Shell’s vice-president for external affairs since 2001, plans to leave in the autumn. She has taken on new UK commitments this year, including appointment as a civil service commissioner and marriage to Patrick Jephson, former private secretary to Diana, Princess of Wales.

Jacobi helped to design the new corporate affairs directorate in the unified group on which investors will vote next week. She has decided, however, not to stay, because that would mean moving to The Hague. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell unveils blueprint to boost output

Daily Mail (UK): Shell unveils blueprint to boost output

Brian O’Connor,

23 June 2005

SHELL plans to boost oil and gas output by a third in 10 years and to become a major trader in carbon-dioxide emissions.

But its ‘one board, one voice’ plan may need more work. It warned in London that global oil supplies are tight, implying that any setback could drive prices even higher. However, Shell Canada chief Clive Mather said in New York that a price fall was ‘almost inevitable’.

Group chief executive Jeroen van der Veer pointed out that stocks are at ‘pretty normal’ levels. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Borneo Post: Shell vs Dr John Huong trial adjourned to Nov 15

The Borneo Post: Shell vs Dr John Huong trial adjourned to Nov 15

Posted 23 June 2005

The trial of Shell vs Dr John Huong has been adjourned to Nov 14,15,16,17 and 18.

The two-day preliminary hearing of the case saw only one witness taking the stand – Max Prins, a witness for Shell.

Dr Huong, an ex-Shell employee, is suing the company, alleging that he was unfairly dismissed. After a domestic inquiry was conducted by the company, it allegedly found the claimant to have been absent from meetings with his superior and not performing his work as instructed by his superior. The meeting was fixed by the claimant’s superior, Max Prins, every Friday morning from 7.30am to 8am. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Mr Justice Laddie, High Court Judge, Resigns

Mr Justice Laddie, the High Court Judge who has been the subject of calls for an investigation into his handling on the Shell/Donovan “SMART trial (and has been cited by Shell in the royaldutchshellplc.com domain name battle) resigns from the Bench claiming he is “bored”.:

Thursday 23 June 2005

By Alfred Donovan

In what has been described in “The Scotsman” as “an unusual step”, Mr Justice Laddie, 59, has announced his voluntary resignation from the UK judiciary. He is joining Willoughby & Partners/Rouse Legal, a firm of UK solicitors, as a consultant. Sir Huge Laddie QC is reportedly the first Judge to leave the bench in such circumstances for 35 years.

A front page story published in the Daily Telegraph indicates that the Lord Chancellor, Lord Falconer, is likely to view Sir Hughes return to the legal profession “as a breach of the unwritten rule – almost an unspoken oath – that joining the Bench is a one way street.” The move is so extraordinary that speculation has naturally arisen about the reasons for his departure. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.