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Posts on ‘June 24th, 2006’

Royal Dutch Shell Plc .com: That was the week

From The Times
June 24, 2006
 
Thursday

North Sea oil and gas unions call for a government investigation into Shell’s North Sea safety record after revelations that an internal audit found widespread violations of safety procedures and the alleged falsification of compliance documents.

The Bank of England is to review the future of its final salary pension arrangements for staff after the emergence of a £299 million shortfall in the fund, forcing it to increase its contributions to the scheme. Dresdner Kleinwort Wasserstein, the investment and corporate banking arm of Dresdner Bank, which is part of Allianz, will drop Wasserstein from its name from June 29. The move will allow Bruce Wasserstein to reclaim his name from Allianz, the German insurance giant that became the ultimate owner of the firm he founded with Joe Perella. 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.

Royal Dutch Shell Plc .com: Energy: PetroChina will work with Royal Dutch Shell…

From The Daily Telegraph
(Bloomberg)

• Yukos Oil is asking Britain’s Financial Services Authority to block the initial public offering of Russia’s state oil company, Rosneft, which acquired Yukos’s largest production unit 18 months ago.

• BP, Europe’s biggest oil company, said its natural-gas project in Algeria started production.

• PetroChina will work with Royal Dutch Shell, Europe’s second-biggest oil company, to double the capacity of a plant in the north-eastern coastal city of Dalian, making it China’s largest refinery.
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.

Royal Dutch Shell Plc .com: Andarko Spends $21B to Grow Gas Ops

From The New York Times
By THE ASSOCIATED PRESS
Published: June 23, 2006
Filed at 5:48 p.m. ET

HOUSTON (AP) — Anadarko Petroleum Corp. on Friday announced plans to acquire two smaller competitors in a $21.1 billion deal that will create the nation’s largest independent exploration and production company.

Anadarko’s plan to buy Kerr-McGee Corp. and Western Gas Resources Inc. in separate all-cash transactions is just the latest example of industrywide consolidation that reflects the large sums companies have at their disposal amid record profits, as well as the difficulty they face in getting bigger simply through more drilling. 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.

Royal Dutch Shell Plc .com: More questions than answers are left hanging in the air by BA price-fixing affair

From The Independent
By: MICHAEL HARRISON
Published: Jun 24, 2006

“When Royal Dutch Shell went into melt-down two years ago after admitting that its oil reserves estimates had been concocted, the shock to the business, though traumatic at the time, ultimately proved therapeutic. Faced with its biggest corporate scandal in a century, Shell ditched its twin listing, its dual board, and, along with it, the bureaucratic management structure which had earned the company’s South Bank headquarters the title of the Kremlin.” 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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