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Posts on ‘August 10th, 2005’

The Guardian: Fears of £1 a litre for petrol as world prices reach high

The Guardian (UK): Fears of £1 a litre for petrol as world prices reach high

Increased demand and repercussions from Saudi Arabia and Iran hit markets: “Vince Cable, the Liberal Democrat Treasury spokesman and a former economist at Shell, believes that all the talk of the $100 barrel of oil is alarmist.”

Wednesday Aug 10, 2005

ASHLEY SEAGER

Petrol prices at the pump set yet another record yesterday after world oil prices touched an all-time high for the second day running. Analysts said pounds 1 a litre for petrol and even more for diesel was now a possibility but added that it was likely oil prices would fall back again in the autumn.

US light crude futures set a fresh record of $64.37 yesterday while Brent futures hit an all-time high of $63.70. Both were pushed higher by threats of attacks in Saudi Arabia, the world’s biggest oil exporter, and by jitters about the resumption by Iran, Opec’s second largest oil producer, of its nuclear programme. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Lloyds List: Gazprom takes further strides on road to realising global LNG goals

Lloyds List: Gazprom takes further strides on road to realising global LNG goals

“Under an agreement with Shell Western LNG BV, the LNG will be delivered in early September to the Cove Point terminal, Maryland, where Shell holds regasification capacity.”

Wednesday Aug 10, 2005

First cargo bought by trading arm and Shtokman shortlist is made, writes Tony Gray

Russian gas giant Gazprom has taken three more steps towards its ambition of becoming a force in the global liquefied natural gas industry.

Gazprom Marketing ‘ Trading, the group’s UK-based marketing and trading arm, has purchased its first LNG cargo, which will be delivered to the fast-growing US market.

The subsidiary has also appointed a director of LNG.

Meanwhile, the parent company has disclosed a list of nine foreign companies from which it will compile a shortlist for participation in development of the giant Shtokman gas field in the Barents Sea and an associated liquefaction plant. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Lloyds List: Shell in North Sea response deal

Lloyds List: Shell in North Sea response deal

“SHELL Exploration & Production has negotiated an umbrella contract to cover its entire North Sea stand-by and emergency response service needs, writes Hugh O’Mahony.”

Wednesday Aug 10, 2005

SHELL Exploration & Production has negotiated an umbrella contract to cover its entire North Sea stand-by and emergency response service needs, writes Hugh O’Mahony.

The simplified arrangement, worth GBP180m ($321m) over five years to the newly formed European Rescue Alliance, covers support for all North Sea offshore installations, including those of North Sea partners, where Shell operates on behalf of Esso Exploration and Production UK, Norske Shell and Nederlandse Aardolie Maatschappij. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BLOOMBERG: Shell Canada Oil-Sands Cost Target Jumps to C$7.3 Bln

BLOOMBERG: Shell Canada Oil-Sands Cost Target Jumps to C$7.3 Bln

“Shell Canada Ltd., the fourth-largest Canadian oil company, said the cost to expand its Alberta oil- sands development will almost double to C$7.3 billion ($6 billion)…”

Posted Wednesday 10 August 2005

(Bloomberg) — Shell Canada Ltd., the fourth-largest Canadian oil company, said the cost to expand its Alberta oil- sands development will almost double to C$7.3 billion ($6 billion) as prices of steel, cement and equipment rise.

Design changes that will make additional expansions easier also are inflating the cost, spokeswoman Janet Annesley said today in a telephone interview. Calgary-based Shell Canada and its project partners, Chevron Corp. and Western Oil Sands Inc., in April said the expansion would add 100,000 barrels a day of mining and refining capacity at a cost of at least C$4 billion. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Daily Telegraph: Shell forced to talk to its angry investors

Daily Telegraph: Shell forced to talk to its angry investors

“Shell have treated the private investor very badly indeed.”

By Christopher Hope, Business Correspondent (Filed: 10/08/2005)

Shell tax experts have agreed to meet British shareholders in Royal Dutch Petroleum this week to try to find a way of helping them to deal with a £77m tax bill arising from Shell’s multi-billion pound restructuring.

Shell is expected to announce today how many investors in Royal Dutch have accepted the terms of the merger by yesterday’s deadline of 3pm. The figure was 95pc during an update last week.

Shell has always maintained that it has “nothing in its toolbox” to help British holders in Royal Dutch who have been left with a large capital gains tax bill as a result of the merger of Royal Dutch with Shell Transport and Trading, to create Royal Dutch Shell. It maintains that the offer was fair to all shareholders on a pre-tax basis. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Irish Times: Dempsey to involve three bodies in Shell audit

Irish Times: Dempsey to involve three bodies in Shell audit

“Shell’s threat to withdraw from the 900 million project if the Minister’s review produced a “negative” finding that obliged it to build an offshore refinery, and the Minister’s own contention that he is bound by the project’s plan of development, suggested the review was already compromised before it started, the campaigners said.”: “The company insists it will not lift the injunction on the five men, who are now in their sixth week in jail over their opposition to the onshore pipeline.”

Wednesday August 10, 2005

Lorna Siggins Marine Correspondent

Minister for the Marine Noel Dempsey promised to involve the Health and Safety Authority, An Bord Pleanala and the Environmental Protection Agency in reviewing Shell’s safety audit of the Corrib gas field project before issuing final consent.

“All aspects of the project from a safety point of view will be finally and fully dealt with through the project’s plan of development and through the phase seven consent,” Mr Dempsey said. It would not be solely up to Mayo County Council to approve it, he said, although it would be mandatory for him to take its position into account. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Edmonton Sun (Canada): Shell bulks up!

FROM OUR AUGUST 2004 SHELL NEWS ARCHIVE…

Edmonton Sun (Canada): Shell bulks up!

Shell Canada Ltd now expects the next phase of expansion at its Athabasca oilsands project in northern Alberta to cost about $7.3 billion. That is nearly twice the estimated price released last fall.”

Wednesday 10 August 2005

By CP

CALGARY — Shell Canada Ltd. now expects the next phase of expansion at its Athabasca oilsands project in northern Alberta to cost about $7.3 billion.

That is nearly twice the estimated price released last fall.

Shell said yesterday its first major expansion at the Athabasca project, still targeting a 100,000-barrel-daily production boost, would now include “over-building” of common infrastructure to make further expansions cheaper and easier.

“The scope and scale of the expansion has been modified to include pre-building of infrastructure and utilities to support our longer-term goal of 500,000 barrels per day,” Shell spokesman Janet Annesley said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Globe & Mail (Canada): Shell sees soaring costs

The Globe & Mail (Canada): Shell sees soaring costs

“Shell Canada Ltd. now expects the next phase of expansion at its Athabasca oil sands project in northern Alberta to cost about $7.3-billion, nearly twice as much as estimates released last fall.”

Posted Wednesday 10 August 2005

Canadian Press

CALGARY — Shell Canada Ltd. now expects the next phase of expansion at its Athabasca oil sands project in northern Alberta to cost about $7.3-billion, nearly twice as much as estimates released last fall.

Calgary-based Shell said Tuesday its first major expansion at the Athabasca project, still targeting a 100,000 barrel daily production boost, would now include “over-building” of common infrastructure to make further expansions cheaper and easier. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Mayo News Online: Council recalled for Rossport meeting

The Mayo News Online: Council recalled for Rossport meeting

“Meanwhile, Shell E&P Ireland Ltd announced on Monday last that they have laid off 128 staff working on the pipeline, attributing the need for the move to ongoing protests. The controversy is no nearer resolution, with the five men refusing to purge their contempt…”

Wednesday 10 August 2005

Report by Shane McGrath

THE Corrib gas controversy is to enter the chamber of Mayo Count Council again this week, with a special meeting of the authority to meet on Friday next.

The July meeting of the Council ended in confusion, when Cathaoirleach Henry Kenny ruled that a motion proposed by Cllr Tim Quinn, calling on Shell E&P Ireland Ltd to move their gas processing operations offshore, had not been adopted.

In a statement issued on Monday last, Cllr Kenny announced that a meeting will be held at 9am on Friday. “I have agreed to accept a petition signed by five members of the county council for a special meeting of the council to consider how the council might contribute to the solution … Mindful of the fact that it is unique to hold a council meeting in August and of the fact that members may be on holidays, I am calling for the fullest possible turn out of councillors.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Mayo News Online: Shell work deferral a ‘cynical’ ploy

The Mayo News Online: Shell work deferral a ‘cynical’ ploy

“This is just another publicity stunt by Shell, hoping to garner support and de-escalate the protest. This move is effectively about Shell attempting to try a new chess move. That’s all.”

SHELL is ‘simply prolonging the agony’ and in no way ‘contributing to the solution’ by deciding to defer the offshore pipe-laying for the Corrib gas field, according to the families of the Rossport Five.

The company’s decision earlier this week to suspend the 70-kilometre offshore work until next year, to allow for ‘a period of public discussion and dialogue’ is a cynical public relations ploy and falls far short of addressing the real health and safety issues, they say.

Last weekend, Rossport Five wife, Mrs Mary Corduff, told The Mayo News the five men, Willie Corduff, brothers Philip and Vincent Mc Grath, Brendan Philbin and Micheál O_Seighin had no choice but to continue their contempt of court. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Donovan Royal Dutch Shell domain name battle

ShellNews.net: ROYAL DUTCH SHELL PLC DOMAIN NAMES DISPUTE: Designated an “exceptional case” by panel appointed under WIPO auspices

Wednesday 10 August 2005

By John Donovan

A decision is imminent in regards to the proceedings brought by Shell International Petroleum Company Limited against 88 year old ShellNews.net owner, Alfred Donovan, in respect of Shell related domain names:-

www.royaldutchshellplc.com

www.royaldutchshellgroup.com

www.tellshell.org

A three person panel was appointed via the Geneva based World Intellectual Property Organisation (WIPO) with a remit to decide the case by 28th July 2005. In accordance with the WIPO rules, the parties were then to be notified within 3 calendar days of 28 July. When this did not happen, it was evidence that something unusual was afoot. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

US Class Action Lawsuit Against Shell Given go-ahead by U.S. District Chief Judge John Bissell

ShellNews.net: US Class Action Lawsuit Against Shell Given go-ahead by U.S. District Chief Judge John Bissell

Wednesday 10 August 2005

A securities fraud case against the world’s third-largest oil company, Royal Dutch/Shell Group, has been given permission to proceed by U.S. District Chief Judge John Bissell.

The case stems from a sharp drop in Shell’s stock in 2004, after Shell announced it had overstated its oil reserves, a key measure of an oil company’s wealth and future strength. The securities case was filed in New Jersey because the company has several gasoline distribution terminals in the state. Attorneys for investors who lost millions called the hearing a “monster” in terms of its potential effect. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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