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Posts on ‘November 8th, 2010’

Shell sells stake in Woodside for around $3.3B

AMSTERDAM (AP) 8 November 2010 — Royal Dutch Shell PLC said Monday it plans to sell a 10 percent stake in Woodside Petroleum Ltd., Australia’s largest independent gas and oil company, for around $3.33 billion.

Shell said Swiss bank UBS had agreed to underwrite the sale of 78.34 million Woodside shares at A$42.23 — a 7.9 percent discount to the company’s closing price Monday of A$45.86 per share. Shell will continue to hold an additional 24.27 percent of Perth-based Woodside, which it also plans eventually to sell. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell to Sell Part of Woodside Stake

8 NOVEMBER 2010

SYDNEY—Royal Dutch Shell PLC said Monday that it has agreed to sell just under a third of its holding in Woodside Petroleum Ltd. to equity investors for 3.31 billion Australian dollars (US$3.36 billion).

Shell currently owns 34% of Australia’s biggest oil and gas company and said it will reduce its holding through the sale to 24.27%.

The sale by Shell of 78.34 million Woodside shares comprises 10% of the company’s issued capital. Shell has entered into an underwriting agreement with UBS to sell the shares at A$42.23 each. Woodside last traded at A$45.86. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Actually Implements a Blog!

Interesting article which assumes that RoyalDutchShellplc.com and the “Shell Blog” have been set up by Shell. The author praises the oil giant saying: “Shell is definitely making headway past BP, Exxon, and Chevron with implementing the blog…”

THE ARTICLE

Shell Actually Implements a Blog!

Posted on November 8, 2010 by Allie Romeo

My research is continuing in the area of corporations communicating with shareholders through social media. My next major oil and gas company that deals with shareholders and corporations using social media is Shell. I have hit on most of the major areas of corporations using social media with shareholders, but Shell adds a different element. Shell has a non-commercial blog that is aimed at making officials stand in compliance with Shell’s mission statement. Of course, the one major part of this is that Shell blogs a good amount about the financial end of the company. Shell also has a live news feed, and a webcast that can be accessed. This is a huge step, and a step above many of the other companies. From IR Web Report, using webcasts can allow for all types of shareholders to understand the financial information they are receiving. Blogging allows for feedback and two-way communication, which is what builds the relationships between the shareholders and the corporations. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell to sell part stake in Australia’s Woodside

SYDNEY Nov 8 (Reuters) – Oil company Royal Dutch Shell Plc plans to sell down about a third of its stake in Australia’s largest oil and gas company, Woodside Petroleum, the UK-listed company said on Monday.

Shell said it was selling 10 percent of Woodside at A$42.23 per share in a sale underwritten by UBS, leaving it with a 24.27 percent stake which it would keep for at least a year.

The sale is part of a global effort to improve capital efficiency, Shell said.

(Reporting by James Regan, editing by Mark Bendeich) read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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