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September 27th, 2005:

Project delays ‘drive up prices’

Financial Times: Project delays ‘drive up prices’: “Royal Dutch Shell, Europe’s second largest energy group by market capitalisation, this year made headlines with delays at its Sakhalin oil and natural gas project off Russia’s east coast and its Bonga oilfield in Nigeria.”

Tuesday 27 September 2005

By Carola Hoyos in London

Delays of big oil projects are helping to drive oil prices higher as energy companies become increasingly unreliable at delivering production from new oilfields on time, a recent analysts’ report has warned.

Oil production in 2007 will be 2m barrels a day less than expected because companies are increasingly having to delay the date at which their projects deliver their first barrels of oil, according to Sanford Bernstein, an international research group. 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.

Govt rules out mediator in Shell dispute

Ireland Online: Govt rules out mediator in Shell dispute

“Natural Resources Minister Noel Dempsey today faced a three-hour grilling on the issue…”: “Mr Dempsey also rejected claims that former ministers with responsibility for natural resources had any improper influence on awarding exploration contracts to oil giants like Shell.”

Tuesday 27/09/2005

The Government tonight ruled out hiring a mediator to break the deadlock in the Rossport Five dispute with Shell over an inshore gas pipeline.

The Co Mayo landowners were jailed in Cloverhill Prison in late June for ignoring a High Court order to stop blocking construction on the Corrib Gas Development Project.

Natural Resources Minister Noel Dempsey today faced a three-hour grilling on the issue before an often angry all-party Oireachtas Committee.

But Mr Dempsey ruled out a suggestion by Fine Gael TD Bernard Durkan to appoint a mediator to broker agreement between the Rossport Five and Shell executives. 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 farcical No. 2 ranking in 2005 Accountability Rating in FORTUNE magazine

Royal Dutch Shell farcical No. 2 ranking in the 2005 “Accountability Rating” published in FORTUNE magazine

Tuesday 27 September 2005 08.15am ET

By Alfred and John Donovan

27 Sept 2005

How much faith can investors/stakeholders have in a rating methodology capable of conjuring up a ranking which has no relationship to reality?

Royal Dutch/Shell Group is No. 2 in the rankings of the 2005 “Accountability Rating” announced on 22nd September in Fortune magazine. This is a rating on corporate responsibility of the prestigious FORTUNE Global 100 companies. The Accountability Rating is apparently not a measure of how good or bad a company is, but supposedly how smart. It follows that by removing or diminishing the ethical dimension in a corporate rating assessment, a bad company can be made to look good. 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.