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August 16th, 2009:

Shell Offered $2.5 Billion for Arrow Energy, Telegraph Reports

BLOOMBERG

By Claudia Carpenter

Aug. 16 (Bloomberg) — Royal Dutch Shell Plc made an A$3 billion ($2.5 billion) bid for Arrow Energy Ltd., and the talks ended “in stalemate,” the Sunday Telegraph reported, without saying where it got the information.

Shell may return with a “revised approach,” according to the newspaper.

Shell spokeswoman Catherine Aitkin in The Hague declined to comment on the report to Bloomberg News. Calls made outside business hours to the office of Gareth Quinn, a Brisbane-based spokesman for Arrow, weren’t answered. E-mailed requests for comment weren’t responded to. read more

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Oil giants destroy rainforests to make palm oil diesel for motorists

Shell had the best record of the major companies for declaring the sources of its biofuel. It said that it did not use any palm oil last year because it could not find any from a sustainable source. Luis Scoffone, vice-president for biofuels, said that Shell could have met its biofuel obligation more cheaply if it had bought palm oil.

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.