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Posts on ‘April 5th, 2007’

Herald Sun (Australia): Shell too stingy to aid Sophie

By Kate Sikora
Friday April 06, 2007

PETROL giant Shell has snubbed Sydney in favour of Wollongong because it was too stingy to donate $50,000 to Sophie Delezio’s charity in return for having the Harbour Bridge shut to make a commercial.

It is one of the most expensive ads ever shot and features world famous cities – except Sydney.

Instead Wollongong gets world exposure along with Rome, Monaco and Rio De Janeiro in the new Shell-Ferrari television ad.

While Shell gouges motorists at the bowser and reaped in $25.4 billion last year, it refused to pay a $50,000 fee in return for having the Harbour Bridge closed. 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.

Examiner.com: Oregon woman alleges that oil companies sell warm gasoline

Apr 5, 2007

EUGENE, Ore. – A Eugene woman has filed a federal lawsuit alleging that major oil companies are chiseling motorists by selling overly warm fuel that delivers less energy than it should.

The premise of the lawsuit and those filed in several other states is that as gasoline and diesel fuel warm, they take up more room in tanks and deliver less energy per gallon.

The suit filed by Shonna Butler, a university fiscal analyst, says that a gallon of gasoline at 60 degrees Fahrenheit, the government standard, has a volume of 231 cubic inches, but at 90 degrees, the same quantity of gasoline is nearly five cubic inches larger. 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.

allAfrica.com: EU Watches, Then Watches Some More

EXTRACT: “Some European countries host big companies that have invested in the Sudanese oil sector or otherwise have commercial ties that limit the appetite to take stronger measures against the regime,” said the ICG’s John Prendergast. Among the European companies that have done business in Sudan are Austria’s OMV Aktiengesellschaft, the Franco-Belgian consortium TotalFinaElf and the Royal Dutch/Shell group.

THE ARTICLE

Inter Press Service (Johannesburg)
April 5, 2007
By David Cronin, Brussels 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.

ShellNews.net: Warning to the new partner in Shell Technology Ventures Fund 1 BV

An OPEN LETTER to Jeremy Coller, CEO, Coller Capital, Shell’s new partner in Shell Technology Ventures Fund 1 BV

By Email

Dear Mr Coller

RE: Your purchase of a 45% holding in Shell Technology Ventures Fund 1 BV

We have published a number of news reports about your purchase of a 45% holding in the new company, Shell Technology Ventures Fund 1 BV: –

e.g.
My guess is that this Easter Holiday finds you in a celebratory mood having become a partner in a company jointly owned by one of the world’s great companies – Royal Dutch Shell Plc. But is everything as it seems? 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 Mail: Shell to go ahead with Iran gas field project

City & Finance
www.thisismoney.co.uk
Thursday 5 April 2007

ROYAL Dutch Shell is ploughing ahead with plans to develop a huge gas field in Iran, despite the damaging fallout from the hostage crisis.

The oil giant is still understood to be on track for a decision on the South Pars gas-field project by early 2008.

Its determination to continue drawing up proposals comes despite tensions between the London and Tehran over the capture of 15 British naval personnel.

Iran’s pledge yesterday to release the captives will be a boost to Shell, which has admitted that political considerations will play a role in its decision on the scheme. 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 Scotsman: Union slates rig operators over lax safety

ALASTAIR DALTON
 ([email protected])

UNION leaders have claimed offshore safety concerns were “falling on deaf ears”, after a report found concerns over an increasing number of accidents involving lifting equipment.

Oil-platform operators have been ordered to tighten up safety following the investigation by the Health and Safety Executive (HSE), which found a “general failure” to carry out certain audits on North Sea installations.

The report said incidents involving cranes had “contributed significantly” to the accident toll. After an inspection of more than 70 platforms, the agency issued nine enforcement notices and made 173 written requests for action. The investigation also found the rise in the number of accidents mirrored a drop in experienced staff. 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.

Financial Times: Shell to raise Nigeria oil production

By Dino Mahtani in Abuja
Published: April 5 2007 13:38 | Last updated: April 5 2007 13:38

Royal Dutch Shell, Nigeria’s largest oil producer, has said it is expecting in the next five or six months to bring back around 500,000bpd of production lost following militant attacks in the Niger Delta last year.

The total represents roughly half of Shell’s oil production from Nigeria.

Basil Omiyi, Shell’s top executive in Nigeria, said in an interview with the Financial Times and New York Times this week that the company had started repair works about two weeks ago on oil facilities in volatile parts of the delta that had been off-limits for security reasons up until now. 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.

AltAssets: Coller Capital acquires 45 per cent stake in Shell Technology Ventures Fund I

05/04/2007

Royal Dutch Shell has sold 45 per cent of the newly created Shell Technology Ventures Fund I, an independent energy technology fund, to secondaries specialist Coller Capital. Shell will remain the majority shareholder in the fund.

The new fund will consist of Shell Technology Ventures’ existing portfolio of 34 technology investments. Shell Technology Ventures invests in companies developing technologies for the oil and gas industry.

Jeremy Coller, CEO of Coller Capital, said, ‘Many investors consciously avoid venture capital, but we have always been enthusiasts and have created fruitful partnerships with many of the world’s leading technology players. Shell has an outstanding, globally recognised, R&D capability and we believe that, through this joint venture, we will be able to help them strengthen their lead in technologies for the energy sector.’ 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.

MarketWatch: Shell CEO calls Iran’s release of U.K. sailors politically positive

By Sally Jones
Last Update: 6:50 AM ET Apr 5, 2007

Chief Executive Jeroen van der Veer said Thursday the release by Iran of 15 captured U.K. sailors and marines was a politically positive signal, adding that the company’s future investment in gas projects would be shaped in part by the political environment.

The decision is “good news both for the families and politically,” he said. Shell and Spain’s Repsol YPF (REP) in January signed a preliminary $10- billion agreement with the Iranian government to develop two phases of the huge South Pars natural gas field. 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.

Seeking Alpha: Shell: Full Output Expected from Nigeria

Posted on Apr 5th, 2007

A year after shutting down over half its Nigerian operations amid militant violence, Royal Dutch Shell has reached an agreement with local communities in the Niger Delta and expects to resume full production in the area within six months.

A rebel group called Movement for the Emancipation of the Niger Delta [MEND] attacked several Shell facilities in the western delta in early 2006, forcing shutdowns that resulted in the loss of 500,000 barrels a day in production.

The group, which demands a chunk of the country’s oil revenue for the region, has targeted foreign oil companies and kidnapped their workers, holding them for ransom. The violence has pushed up oil prices and curtailed Nigeria’s plans to bolster its oil production. 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: No Big Profits From `Easy Oil,’ Shell’s Van Der Veer Says

By Steve Voss

April 5 (Bloomberg) — Major international oil companies have enough opportunities to invest in large and complex oil and gas projects that involve new technology, Royal Dutch Shell Plc’s Chief Executive Officer said.

“We can’t expect profits in easy oil,” Jeroen van der Veer said at an oil conference in Paris today. “There is enough opportunity to invest. If there is easy onshore oil, people don’t need Shell.”

Shell secured drilling rigs last year at 30 percent below market rates, saving $300 million on rig hires, he 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.
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