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From our Shell News Archive Friday 11 November 2005

From our Shell News Archive Friday 11 November 2005

Daily Mail: FSA halts probe into ex-Shell boss Watts: An internal FSA committee overruled the watchdog’s enforcement arm and dropped the case.”: Posted Friday 11 November 2005: READ

Reuters: NIGERIA: Problems persist in oil-rich delta 10 years after activist’s death: On 10 November 1995, and to international outcry, Saro-Wiwa and eight other members of the Ogoni people who live in the Delta, were hanged for murder by special order of then military ruler, General Sani Abacha after a trial widely condemned as flawed and before an appeal could be made. At the heart of the scandal was oil giant Royal Dutch Shell, which pumps nearly half of Nigeria’s 2.5 million barrels of crude oil exported each year.”: Friday 11 November 2005: READ

Daily Telegraph: World Bulletin: Marchers mark Saro-Wiwa death: “Saro-Wiwa was hanged by Nigeria’s then military regime after a trial in which he was accused of ordering the murder of four prominent Ogonis. Most Ogonis believe he was framed because he opposed the government and the oil firm Royal Dutch Shell.”: Friday 11 November 2005: READ

San Jose Mercury News: Claims hotline set up for Martinez refinery leak: ”A claims hotline has been established for individuals to report damage caused by a Shell refinery leak that blanketed parts of Martinez in oil droplets.”: Posted Friday 11 November 2005: READ

AFX UK (Focus):  Kuwait Petroleum in talks with Sinopec, BP, Shell for China refinery – report: Friday November 11, 2005: READ

Bangkok Post (Thailand): Shell scores with sales of gasohol 95: “Three months after Shell Thailand launched a campaign to guarantee engines using gasohol 95, sales of its fuel have risen sharply.”: Friday November 11, 2005: READ

The Independent: Cairn is not for widows or orphans but a hold for those with patience: “Cairn has had an extraordinary few years, buying a block of land in north- western India from Shell and then discovering it was sitting on 2.5 billion barrels.”: Friday 11 November 2005: READ

The Times: Watchdog’s bark far worse than its bite: “In the Shell case, the FSA had plenty of evidence of a conspiracy at the highest level against the interests of shareholders. The company’s own investigation unearthed compelling e-mail evidence, not least former exploration director Walter van de Vijver’s infamous complaint that he was “becoming sick and tired about lying about the extent of our reserves issues”.: “…it looks downright embarrassing that the FSA official who fought Sir Philip, former acting enforcement head David Mayhew, will later this month wave goodbye to the FSA and walk straight into a highly paid job at Herbert Smith — the firm advising Sir Philip.”: Posted Friday 11 Nov 2005: READ

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