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Posts on ‘August 19th, 2005’

Out of the shell

Financial Times: Out of the shell

“…a recent spate of defections to a far smaller rival, BG Group, has raised eyebrows among some Shell-watchers”: “Shell has been hit hard in recent times by a reserves downgrade scandal and news that some of its newest projects are behind schedule and badly over budget. Uncharitable souls are saying that the departure of future Shell leaders could be a sign of worse things to come.”

Friday 19 August 2005

By Clay Harris

Published: August 19 2005

A job at Royal Dutch Shell once meant a job for life. So a recent spate of defections to a far smaller rival, BG Group, has raised eyebrows among some Shell-watchers.

The latest Shell person to quit for BG is Iman Hill, who had been appointed Shell’s country chairwoman in Egypt only 15 months ago. Hill, who is Saudi-born but went to school in Scotland, has been asked to stay on until a suitable replacement can be found – a somewhat surprising choice given that BG is a rival for Egyptian gas. 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.

Business Times (Malaysia): Shell earnings fall on shutdown

Business Times (Malaysia): Shell earnings fall on shutdown

Friday August 19, 2005

A ONE-MONTH statutory plant shutdown caused a 53 per cent drop in Shell Refining Co (Federation of Malaya) Bhd’s net earnings for the second quarter ended June 30.

The firm, which is 52 per cent-controlled by Dutch oil giant Shell, recorded a net profit of RM82.4 million compared with RM175 million in the same quarter last year.

In a statement, Shell Refining said the shutdown, which occurred in June, was at the Long residue catalytic cracker unit and the complex 2 unit, comprising a crude distiller and a platformer. 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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