Posts on ‘June 23rd, 2004’

Itar-Tass.com: Anglo-Dutch oil giant Shell considers inviting Gazprom into Sakhalin- 2 project 23.06.2004 MOSCOW, June 23 (Itar-Tass) – The Anglo-Dutch oil giant Shell considers inviting the Russian gas monopolist Gazprom into the Sakhalin-2 oil and gas development project, of which Shell is the operator, Shell Vice President Hans Van Lamoen said on Wednesday. Hans Van [...]

SantaMariaTimes.com: Keeping gas prices up there Wednesday, June 23, 2004 It was reported Monday that Shell Oil Co. has plans to reduce production at its Bakersfield refinery – just in time for California’s busiest summer vacation driving period. Shell officials deny that any cutbacks are planned, which did not prevent several elected officials and consumer [...]

TheAdvocate.com: Woman sues Shell Oil, refinery for damage caused by gasoline By PENNY BROWN ROBERTS proberts@theadvocate.com Advocate staff writer 23 June 04 A St. James Parish woman is suing Shell Oil and its Motiva Enterprises refinery in Baton Rouge federal court, claiming the high-sulfur gasoline she purchased at a Gonzales station damaged her car. The [...]

The Guardian: Friends of the Earth says Shell fails own green pledge Mark Tran Wednesday June 23, 2004 Friends of the Earth, the environmental group, today accused oil giant Shell of failing to live up to its promise of environmental and social responsibility. Already under scrutiny for overstating its oil reserves, Shell came under attack [...]

BBC News: Polluting Nigeria 23 June 04 Living on oil The production of oil, discovered in the Niger Delta 40 years ago, is having a devastating affect on Nigeria’s largest wetland region. Families live among the oil fields, breathing in methane gas and coping with frequent oil leaks in Africa’s largest oil exporter. Oil giant [...]

The Scotsman: Oil Giant Accused of Environmental ‘Abuse’ By Amanda Brown, Environment Correspondent, PA News 23 June 04 An international oil company was accused today of damaging wildlife habitats and polluting air quality and local communities by its activities. Friends of the Earth attacked the Shell at a news conference in the House of Commons, [...]

Friends of the Earth: Behind the Shine – the Real Impacts of Shell’s Work Around the World Jun 23 2004 The oil giant Shell, already under scrutiny for overstating its oil reserves, stands accused of polluting communities, damaging wildlife habitats and failing to live up to its promise of environmental and social responsibility in a [...]

Financial Times: SEC will not change rules on oil reserves Adrian Michaels in New York and Carola Hoyos in London Jun 23, 2004 US regulators have for now ruled out changing their controversial rules on oil industry reserves amid fall-out from the Shell scandal and would prefer companies voluntarily to reveal more details. The Securities [...]

The Wall Street Journal: THE YOUNG AND THE OLD 23 June 04 THE YOUNG AND THE OLD: This year, executives at Shell’s Beijing branch waded through more than 6,000 resumes, interviewed several hundred finalists and will eventually hire nine college graduates from the class of 2004, The Wall Street Journal’s Leslie Chang reports. Though China’s [...]

The Times: SWISS BROKER UBS MOVES SHELL TRANSPORT FROM “BUY” TO “NEUTRAL” By Nick Hasell Stock Markets June 23, 2004 Weakness in the oil majors also played a part in the index retreat, with Shell Transport off 4¼p at 407½p after UBS moved from “buy” to “neutral”. The Swiss broker has raised its capital expenditure [...]

Daily Telegraph: It’s a space issue Posted 23 June 04 Shell might have shifted Monday’s annual meeting from the QEII Conference Centre to the (much) larger Excel in Docklands, but the troubled oil and gas giant still appears to be worried about fitting everybody in. For the first time the company is limiting guest passes. [...]

The Independent: Cairn director buys £624,000 of company shares By Saeed Shah 23 June 2004 The deputy chairman of Cairn Energy splashed out nearly £624,000 on shares in the company yesterday, following large share purchases by other company directors recently. Analysts said the amount of personal wealth being put into Cairn shares by directors indicated [...]