Royal Dutch Shell Plc  .com Rotating Header Image

MAY 2004 ROYAL DUTCH SHELL NEWS

MAY 2004 ROYAL DUTCH SHELL NEWS

Saturday 1 May, 2004

TheBakersfieldChannel.com: Shell Worker Claims Company ‘Lied To Community’

Financial Times: In real world Shell is not shrinking

London Evening Standard: Huge profits at battered Shell

Sunday 2 May, 2004

The Independent: Watchdog shakes up oil audits in the wake of Shell scandal

The Times: Cox joins the ‘top table’ as BP prepares for life after Browne

The Times: Profit from the rising price of oil

The Observer: Shell halts crucial Sakhalin pipeline project

UK Bank Holiday Monday 3 May, 2004

Financial Times: Shell reschedules work to help whales

Tuesday 4 May, 2004

The Guardian: Shell hopes Iraq can help to plug oil leak

The Guardian: El Paso staff accused of reserves ploy

ComputerWeekly.com: Shell IT staff will be well placed to find new jobs

allAfrica.com: Land Owners Issue Shell 10-Day Ultimatum

SACOBSERVER.COM: Protestors Force Shell To Close Plant In Nigeria

Wednesday 5 May, 2004

Financial Times: Shell puts Iraq project on hold

Financial Times: Shell prepares for IT jobs in India

Financial Times: Oil giants face uncertain future as tribal clashes over land grow more violent in Niger Delta

TheRegister.co.uk: Shell signs ‘Mother of all outsourcing deals’

allAfrica.com: Warri Crisis: We’re Losing $20m Monthly – Shell

Thursday 6 May, 2004

smh.com.au: Shell reputation reserves close to empty

Sunday 9 May, 2004

The Sunday Telegraph: US pension fund giants lead Shell onslaught

Monday 10 May, 2004

Time Magazine: Spring Cleaning: Europe’s CEOs are biting the dust as a more American-style shareholder activism reaches the boardroom

International Herald Tribune: Shell Concealed Extent of Its Problems to Protect Nigeria Partnership.

CLASS ACTION BY US LAW FIRM COHEN, MILSTEIN, HAUSFIELD & TOLL P.L.L.C: Slave Labor at Royal/Dutch Shell Group

Tuesday 11 May, 2004

Financial Times: Score of Shell

TimesOnline: Shell dividends are still flowing

The Independent: Shell paid little attention to its in-house legal team. But as the recent scandal showed, no modern business can afford to keep its briefs unbriefed

The Independent: Intelligent Energy plans flotation to develop fuel cells

London Evening Standard: Hewitt set to sign China trade deals

CityWire.co.uk: Lowland backs Shell’s recovery

Wall Street Journal: Aggressive Oil Reserves Due To Mediocre Output – Study

Wall Street Journal: Shell’s Brent Delta North Sea Oil, Gas Platform Restarted Sat

TimesOnline: Chinese deals worth £1.5bn announced

Wednesday 12 May, 2004

Financial Times: Shell executives to gather for summit

Financial Times: Added energy for trade links

Newark Star-Ledger: Judge to choose lead plaintiffs in Shell oil reserve fraud case.
(“This is a fraud that was orchestrated apparently at the highest levels of the company, extending over many, many years, and executed knowing that this is defrauding the public.”)

TheBakersfieldChannel.com: Shell Has No Plans To Cover Refinery’s Loss

The Times: BP, Shell and Kingfisher lead the British rush for contracts in China

Saturday 15 May, 2004

The Guardian: Shell in row over executive bonuses

The Guardian: The end-of-the-pier show

The Guardian: Unilever united

Financial Times: Royal Dutch’s options prompt argument

Financial Times: Reserving a seat at Woodlands Resort conference circus

Financial Times: Shell names new head of SEI project

Financial Times: MMO2 chief to head merged Revenue (former Shell UK MD David Varney)

Financial Times: Chemistry graduate charged with devising right formula (Varney Again)

Daily Telegraph: Dutch eye Shell move

Daily Telegraph: City doyen takes Revenue hot seat

The Independent: Pumped up: the winners and losers from dearer oil

The Independent: Varney takes big pay cut for challenge of top Revenue job

The Independent: BP and Shell invest $1.2bn in Chinese petrol station expansion

London Evening Standard: Brown shows bosses the way

The Wall Street Journal: Royal Dutch In Dispute With Regulator Over Bonus

The Wall Street Journal: Sakhalin Energy CEO Steve McVeigh To Return To Shell

Sunday 16 May, 2004

Fortune Magazine: Now If Only Shell Could Find Some Oil …
(Forget the reserve drama: At the current rate, Shell will run out of oil in a decade).
 
The Sunday Telegraph: Why are gas prices so high?
(Royal/Dutch Shell… declined to comment specifically on whether there was any deliberate manipulation going on)

The Sunday Telegraph: Cut-price chairmen are best avoided

The Sunday Times: Chemical reaction reflects shift to capitalism

The Sunday Times: Shell coy over £1bn refinery in China

Monday 17 May, 2004

Financial Times: OBSERVER: Road to Damascus

Financial Times: Dutch regulator exempts Shell pay packages

The Times: Need to Know: Global Business Briefing

The Times: Job file: If you have been overpaid, be very, very scared

The Wall Street Journal: U.K Regulator Weighs Becoming More Public

Tuesday 18 May, 2004

The Wall Street Journal: State Lawmakers To Probe Reason For High Californian Gas Prices 

The Wall Street Journal: Despite Oil’s Heady Climb, Finding Winning Energy Stocks Isn’t So Easy

Daily Telegraph: India fall eclipses Cairn’s oil boost

The Independent: India success makes Cairn a worthy hold

National Post: Shell Canada CEO Linda Cook leaves after a year to head Royal Dutch Petroleum

YahooNews.com: Royal Dutch Petroleum Company: Directorate Change

Reuters.co.uk: Shell insider to join top board

Wednesday 19 May, 2004

Reuters.com: At least three die in Shell Nigeria oil well fire

The Scotsman: Cook joins Shell’s MD team to free Brinded for E&P role

Daily Telegraph: Shell shift

The Wall Street Journal: Shell to Name Cook A Managing Director

The Wall Street Journal: Business, Agencies To Standardize Their Benchmarks

The Independent: Shell moves to plug holes in management board

The Wall Street Journal: Street Sleuth: Oil-Price Forecasts Seem to Miss Upward Trend

The Times: Need to Know: Global Business Briefing

Houston Business Journal: Cook being considered for high-profile Shell job

Financial Times: Canada candidate for top Shell job

AllAfrica.com: Task Force Stalls Closure of Shell Operations

Sacramento Bee: Shell denies greed spurs the closure

Thursday 20 May, 2004

The Guardian: Responsible attitudes

The Times: A global threat buried

The Wall Street Journal: New Californian Senate Panel To Examine Gasoline, Diesel Pricing

Oakland Tribune: Boxer pointing finger at Shell

Los Angeles Times: Shell’s Refinery Shutdown: Standard Business Practice

Letter from Alfred Donovan to Lord Falconer, Lord Chancellor & Secretary of State

Friday 21 May, 2004

TheGlobe&Mail.com: Cook’s tenure at Shell Canada far too brief

The Times: Drug company finds the right remedy for fat-cat headlines

The Wall Street Journal: Shell NZ Sells Pohokura Gas To Contact,Genesis, Multi Gas

The Wall Street Journal: Argentina Fuel Price Deal Leaves Refiners In Tight Spot

Daily Mail: American woman for Shell board

AllAfrica.com: Shell Confirms 3 Dead in Oil Well Fire

Saturday 22 May, 2004

Financial Times: Shell investors near governance pact

Financial Times: Governments are considering ways to shelter accounting firms from ruinous lawsuits but lawyers specialising in class-action suit

Financial Times: A diplomatic antidote to Dutch helm disease

The Wall Street Journal: Shell Nigeria Reports Second Pipeline Fire In Week

Sunday 23 May, 2004

The Sunday Times: The only way is up for oil prices

The Sunday Times: Business Letters

The Observer: Amec and Koreans in $1bn Iraq deal

The Sunday Telegraph: Shell gives Watts a £1m golden farewell

The Sunday Telegraph: Corporate governance? Buy British

ThisisLondon.com: Shell gives Watts a £1m farewell

Oil & Gas Journal: Shell, JV partners start oil, gas production from Llano field in Gulf of Mexico

Monday 24 May, 2004

Financial Times: Royal Dutch/Shell severance deals not agreed yet

The Wall Street Journal: Shell NZ Sells Pohokura Gas To Contact, Genesis, Multi Gas

The Herald: Watts walks off with £1m at Shell

The Guardian: Calm after the storm in the pay wars

Yahoo.com Shell NZ Says Sells Pohokura Gas To NGC Holdings -2-

London Evening Standard: Shell slashes reserves again

CBC News: Shell reduces reserve estimates for fourth time this year

THE WALL STREET JOURNAL: Shell Makes Fourth Downgrade Of Oil Reserves This Year

THE WALL STREET JOURNAL: Royal Dutch/Shell Says Will Publish 03 Report May 28

YAHOO.com: Press Release from The “Shell” Transport and Trading Company, p.l.c.

Tuesday 25 May, 2004

Australian Financial Review: Shell makes more reserve revisions

BBC News: Shell trims back reserves again -Can Shell draw a line under the scandal?

ChannelNewsAsia.com: Shell cuts oil reserves for fourth time

Financial Times: Call to UK companies on risk controls

Financial Times: Shell accounts get signed off at last  

Financial Times: Shell restates 2002 reserves for the fourth time

Daily Telegraph: Shell slices still more off proven reserves

The Guardian: Shell forced to make fourth downgrade

Toronto Star: Oil giant Shell downgrades reserves again

The Independent: Shell seeks to draw a line after fourth cut in reserves

The Times: Shell shock will be hard to dispel

The Times: Shell Legal Director “kept in the dark”

The Times: Crude prices surge near to 21-year high

The Times: Shell cuts reserves for fourth time

Ananova.com: Reserves Crisis Flares At Shell

Daily Mail: Vanishing reserves  

Wednesday 26 May, 2004

Houston Oil & Gas Journal: Royal Dutch/Shell trims its 2002 reserves again

The Scotsman: Shell wipes 120m more barrels from reserves

The Wall Street Journal: Shell Says Bought Back 1.2 Mln Own Shares

Thursday 27 May, 2004

Newsday.com: Kansas, other states’ pension funds involved in Shell litigation

HeraldTribune.com: Shell temporarily shuts down 106 stations

http://www.guardian.co.uk/business/story/0,3604,1225548,00.html

Friday 28 May, 2004

Financial Times: Shell executives paid no bonuses in 2003

Financial Times: Shell aims to Shed arrogant reputation  

The Observer: Oiling the machinery of war

The Wall Street Journal: Shell Annual Report: Co Vows To Regain Trust Of Shareholders

The Wall Street Journal: Tiny SEC Staff Monitors Data on Oil Reserves

The New York Times: Raised Sulfur Levels in Gas Reported

London Evening Standard: Shell boss missed £2m payout

Bloomberg.com: Shell Says It’s Reviewing Timing of Canada Reserves Revision

Saturday 29 May, 2004

BBC News: Disgraced Shell bosses lose bonus

Financial Times: Shell goes for the ultimate in transparency

San Jose Mercury News:Shell Reduces Earnings by $203 Million

Forbes.com: TEXT-S&P may still cut Shell Group entities

The Guardian: Apologetic Shell promises culture change

The Independent: Sacked Shell chief keeps 1m options

The Independent: Where to invest and still have a clear conscience

The Telegraph: Shell’s Sir Philip still connected to the pipeline

Daily Telegraph: Watts’ pension pot tops £10m

The Wall Street Journal: Ousted Shell Executives Won’t Get 2003 Bonuses

The Wall Street Journal: More Oil Co Reserves Shocks Unless Rules Tighten -Banker

The New York Times: Shell Discloses a Large Pay Package for Its Former Chairman

The Times: Oil price bubble will burst, but fear of shortage remains 

The Times: Shell withholds bonuses from ousted directors

The Scotsman: Troubled Shell’s board bonuses axed

Arizona Republic: Shell reduces earnings for ’03 by $203 million

The Sun Herald: Shell shuts pumps in parts of South

Sunday 30 May, 2004

Houston Chronicle: Former SEC leader Levitt notes irony in Shell’s troubles

The Scotsman: Shell

news-press.com: Shell Oil replaces sulfur-tainted gasoline

The Observer: Saudi horror sparks fears of oil crisis

The Observer: Shell’s ground zero

The Observer: Don’t vote before you read this

The Times: The Andrew Davidson Interview: Life’s a gas for BG supreme

The Independent: Shell chief faces investors’ wrath over reform at annual meeting

The Wall Street Journal: Hostages Are Released After Saudi Crisis Ends

The Business: Shell UK bosses join push for single board

The Business: Benchmark Column: Shell

Monday 31 May, 2004 UK Bank Holiday: USA Memorial Day Holiday

News.com.au: Shell cuts earnings $285m

BARRON’SOnline.com: Winds of Fortune

Mail on Sunday: £150m bonanza for Shell auditors

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.