Royal Dutch Shell plc .com Rotating Header Image

Posts on ‘August 31st, 2004’

Shell waives Czech refinery share option

Reuters: Shell waives Czech refinery share option Mon 30 August, 2004 Posted 31 August 04 PRAGUE (Reuters) – Royal Dutch/Shell says it will not exercise its option to buy extra shares in top Czech oil refinery Ceska Rafinerska, held by state-controlled group Unipetrol. Shell is the first of three Unipetrol partners in Rafinerska — the […]

Shell, Sinopec Launch Gas Station Venture

Forbes: Shell, Sinopec Launch Gas Station Venture “Royal Dutch/Shell and China Petroleum and Chemical Corp., have launched a joint venture to operate a network of about 500 service stations in eastern China’s Jiangsu province…” Associated Press 08.31.2004 Royal Dutch/Shell and China Petroleum and Chemical Corp., have launched a joint venture to operate a network of […]

Shell Abandons ‘Self First’ Bonus Culture

The Scotsman.com: Shell Abandons ‘Self First’ Bonus Culture “Shell was found by the Financial Services Authority in the UK and the Securities and Exchange Commission in the US to have committed market abuse and breached listing rules by misleading the market over the extent of its reserves.” By Nicky Burridge, Personal Finance Correspondent, PA News […]

Shell Sheds Refineries, Gas Stations

THE WALL STREET JOURNAL: Shell Sheds Refineries, Gas Stations “Even after this year’s headline-grabbing scandal over its oil reserves, most people still best know Anglo-Dutch oil company Royal Dutch/Shell Group by the scallop-shell logo”: “a lot fewer people will be seeing this iconic emblem in the future” Broad Plan Is Under Way To Help Boost […]

Shell EP Africa leadership to comprise 30% Nigerians…

Vanguard: Shell EP Africa leadership to comprise 30% Nigerians…New SPDC DMD appointed “challenging security situation in the Niger Delta as well as the rising incidence of crude oil theft, currently put at 50,000 per day.” By Hector Igbikiowubo Tuesday, August 31, 2004 SHELL Exploration and Production (EP) Africa leadership is to be made up of […]

Sinopec denies quitting project

Financial Times: Sinopec denies quitting project “The company also announced a $187m joint venture with Royal Dutch/Shell to operate 500 petrol stations in eastern China.” By Enid Tsui in Hong Kong Published: August 31 2004 Chen Tonghai, chairman of Sinopec, one of China’s big three oil companies, yesterday denied that his company had withdrawn from […]

Boards beware: the road to Shell was paved with ‘good’ intentions

Daily Telegraph: Boards beware: the road to Shell was paved with ‘good’ intentions “This being Shell, everything was systematic, and was approved at the highest level, and had been going on for years.”: “On top of all this comes the loss to Shell’s reputation – its ultimate hidden reserve.”: “It will have to be rebuilt […]

AUGUST 2004 ROYAL DUTCH SHELL NEWS

AUGUST 2004 ROYAL DUTCH SHELL NEWS Sunday 1 August, 2004 The Sunday Times: Special Report: In the dock: City watchdog accused of incompetence; “When it adopted an American-style settlement formula last week and allowed Shell to pay its fine without admitting guilt, the regulator set a precedent.” The Sunday Times: Business Digest: “THE sale of […]