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Posts from ‘November, 2004’

NOVEMBER 2004 ROYAL DUTCH SHELL NEWS

NOVEMBER 2004 ROYAL DUTCH SHELL NEWS (Click on a headline to access that story) Monday 1 November, 2004 Compliance Reporter: Royal Dutch/Shell Merger Plan Called ‘Inadequate': ““It is a timid, inadequate step forward,” said attorney William Lerach, who in June sued executives and board members of the firms, demanding that they be held accountable for […]

Shell News Archive Tuesday 30 November, 2004

Shell News Archive Tuesday 30 November, 2004 THE NEW YORK TIMES: Under All That Ice, Maybe Oil: “The ice-cloaked Arctic Ocean was once apparently a warm, biologically brewing basin so rich in sinking organic material that some scientists examining fresh evidence pulled from a submerged ridge near the North Pole say the seabed may now […]

Shell News Archive Monday 29 November, 2004

Shell News Archive Monday 29 November, 2004 TimesOnline (UK): The wages of greed: Robert Winnett and Stephen Grey reveal how the UN betrayed the poor of Iraq in what is being called the greatest financial scandal ever: “…throughout the oil trade, at the top of international corporations and foreign ministries, everybody knew.”: “His Swiss company […]

Shell News Archive Sunday 28 November, 2004

Shell News Archive Sunday 28 November, 2004 AFX Europe (Focus): Russia’s Gazprom likely to join Sakhalin 2 gas/oil project – report: “Sakhalin Energy, a company based in Yzhno-Sakhalinsk, is promoting the project and is owned 55 pct by Royal Dutch/Shell Group, 25 pct by Mitsui & Co and 20 pct by Mitsubishi Corp.“ (ShellNews.net) 28 […]

Shell News Archive Saturday 27 November, 2004

Shell News Archive Saturday 27 November, 2004 Daily Telegraph: Barrel count delays Shell’s annual report: “Shell, the energy giant struggling to restore its credibility after its reserves debacle, has been forced to delay the publication of its 2004 annual reports because of lingering uncertainty over how much “proven” barrels of oil and gas it has […]

Shell News Archive Friday 26 November, 2004

Shell News Archive Friday 26 November, 2004 Business Day (Nigeria): Shell in Nigeria denies Ogoniland claims: “Anglo-Dutch oil giant Shell on Friday denied charges by a minority rights group that it was attempting to “forcefully” return to oil-rich Ogoniland to resume operations, more than 11 years after bloody unrest forced it to suspend work there.” […]

Shell News Archive Thursday 25 November, 2004

Shell News Archive Thursday 25 November, 2004 London Evening Standard: BP sells stake in ‘scandal’ gas field: “OIL giant BP has sold its share in a controversial Norwegian gas field, thrown into the spotlight by the reserves scandal at rival Shell, for $1.2bn (£645m.” (ShellNews.net) Posted 25 Nov 04 Yahoo! News: Shell hands over 12 […]

Shell News Archive Wednesday 24 November, 2004

Shell News Archive Wednesday 24 November, 2004 THE WALL STREET JOURNAL: Nigerian Police Tear Gas Shell Office Demonstrators: “Nigerian police fired tear gas at a crowd of several hundred people protesting outside the offices of Royal Dutch/Shell Group (RD, SC) in Nigeria’s oil-rich southern delta, activists said Wednesday.”: “Shell has denied any immediate plans to […]

Shell News Archive Tuesday 23 November, 2004

Shell News Archive Tuesday 23 November, 2004 Tuesday 23 November, 2004 Asia Times: Shell plans to source LNG for sale in India: “Royal Dutch/Shell is planning to source liquefied natural gas (LNG) from Oman, Qatar, Malaysia and Australia for sale in India from the first quarter of 2005. (ShellNews.net) 23 Nov 04 Financial Times: New […]

Shell News Archive Monday 22 November, 2004

Shell News Archive Monday 22 November, 2004 THE LAWYER: Shell fills up on international law firms: “Allen & Overy, Baker & McKenzie, Clifford Chance, Denton Wilde Sapte and Simmons & Simmons have all won places on the oil giant’s selection of international firms. Shell’s UK general counsel Richard Wiseman told The Lawyer: “Others have not […]

From our Shell News Archive Sunday 21 November, 2004

From our Shell News Archive Sunday 21 November, 2004 THE BUSINESS (EU): Shell’s sale plans hit resistance: “ROYAL Dutch/Shell’s plan to sell $12bn (£6.5bn, €9.4bn) of assets to fund its recovery is stumbling in the face of opposition from local managers, according to a consultant working with the company.”: The source said: “There are big […]

Shell News Archive Saturday 20 November, 2004

From our Shell News Archive Saturday 20 November, 2004 Yahoo! News: Shell Canada not ruling out accessing Alaskan gas through Mackenzie line: “Shell Canada still believes that a $7-billion plan to build a natural gas pipeline down the Mackenzie Delta in the Northwest Territories could eventually be used to access much larger deposits of gas […]

Shell News Archive Friday 19 November, 2004

Shell News Archive Friday 19 November, 2004 Yahoo!: Shell says considering developing gas field in north China with PetroChina (ShellNews.net) 19 Nov 04 Canadian Press: Shell Canada boosts capital spending by 60%, spreads cash across country: “CALGARY – Shell Canada plans to raise its capital spending next year by more than 60 per cent to […]

Shell News Archive Thursday 18 November, 2004

From our Shell News Archive Thursday 18 November, 2004 Daily Telegraph (UK): Fifty lessons: when a good decision goes bad: “David Varney chairman of HM Revenue and Customs”: “I was a managing director of Shell UK and was part of the board that made the decision to dump the oil platform Brent Spar in the […]

Shell News Archive Wednesday 17 November, 2004

From our Shell News Archive Wednesday 17 November, 2004 BLOOMBERG: Enbridge to Buy Shell’s Gulf Pipelines for $613 Mln (Update1): “Canada’s second- largest pipeline company, agreed to buy Shell Gas Transmission LLC for $613 million to gain pipelines in the Gulf of Mexico for the first time.”: “Royal Dutch/Shell, based in London and The Hague, […]

Shell News Archive Tuesday 16 November, 2004

From our Shell News Archive Tuesday 16 November, 2004 BBC2 TV “Newsnight”: Can Shell placate environmental critics? “Hilton Kelley claims Port Arthur has been “devastated by pollution”. “We had a great community one time,” says Hilton Kelley “Sandwich shops, taxi stands, nightclubs – we had all these things. Now it’s devastated by pollution. “Many of […]

From our Shell News Archive Monday 15 November, 2004

From our Shell News Archive Monday 15 November, 2004 BLOOMBERG: Shell Shifts Europe Oil Exploration to Northern, Deeper Waters: “Royal Dutch/Shell Group, the world’s third-largest oil company, said it’s looking to the North Atlantic Margin for its next big European oil and gas finds as it seeks to replace older, flagging North Sea reserves.” (ShellNews.net) […]

Shell News Archive Sunday 14 November 2004

From our Shell News Archive Sunday 14 November 2004 THE WALL STREET JOURNAL: Loony Training Fads Are New Form of Snake Oil: “Your page-one article “Changing Drill: How Shell ‘s Move to Revamp Culture Ended in Scandal” (Nov. 2) is indicative of the loony and devastating training fads and cultural initiatives I’ve seen in Fortune […]

From our Shell News Archive for Saturday 13 November, 2004

From our Shell News Archive for  Saturday 13 November, 2004 Daily Telegraph (UK): Shell will reward its investors: “Shell’s shareholders will be rewarded with a dividend bonanza next year if they vote through the Anglo-Dutch company’s restructuring plans in the spring.” (ShellNews.net) 13 Nov 04 THE TIMES (UK): Oil major commits to staying in UK […]

Shell News Archive Friday 12 November 2004

From our Shell News Archive Friday 12 November 2004 Daily Telegraph: Sterling work on Shell’s divi: “Lord Oxburgh has written a valedictory letter dated 2 Nov 04 to the shareholders of Shell.”: “Sounds like an Ernie Wise composition… (One half of the late great British comedy duo, Morecambe & Wise, famous for the “plays what […]

Shell News Archive Thursday 11 November, 2004

 From our Shell News Archive Thursday 11 November, 2004 THE NEW YORK TIMES: Marathon Oil Reviews Oil, Gas Reserves: “Investors have been more focused on oil reserves in the wake of large writedowns this year by Royal Dutch/Shell and a number of smaller companies. The disclosure sent shares of Shell’s two parent companies plunging and […]

Shell News Archive Wednesday 10 November, 2004

From our Shell News Archive Wednesday 10 November, 2004 Washington Post: Priming the Public For Hydrogen Fuel: Benning Road Station Is First of Its Kind in U.S.: “Shell spent more than $2 million on the special Benning Road NE pump, which it will use to demonstrate hydrogen technology to lawmakers and staffers on Capitol Hill […]

Shell News Archive Tuesday 9 November, 2004

From our Shell News Archive Tuesday 9 November, 2004 Financial Times: ‘Audit oil reserves’ investors tell Shell: “Two leading activist investors in Royal Dutch/Shell, the scandal-hit oil group, have called on the company to set an example to the industry by providing an annual reserves statement signed off by an external auditor.” (ShellNews.net) 9 Nov […]

Shell News Archive Monday 8 November, 2004

From Our Shell News Archive Monday 8 November, 2004 THE WALL STREET JOURNAL: THE JOURNAL REPORT: WOMEN TO WATCH: In Line to Lead: “9. Linda Cook: Executive Director, Gas and Power, Royal Dutch/Shell Group”: In May, the twin boards of Royal Dutch/Shell Group tapped Linda Cook to fill out the company’s top management team — […]

Shell News Archive Sunday 7 November, 2004

From our Shell News Archive for Sunday 7 November, 2004 San Francisco Chronicle: Foreign oil firms step up to train workers in Iraq: There’s no immediate payoff, but they’re thinking long term: “We are interested in building long-term relationships with Iraqis and establishing a material and enduring presence in Iraq,” Shell spokesman Simon Buerk said. (ShellNews.net) […]

Royal Dutch Shell News Saturday 6 November, 2004

Royal Dutch Shell News Saturday 6 November, 2004 Yahoo News: Shell-led Sakhalin signs Tokyo Electric LNG deal: “TOKYO, (Reuters) – Tokyo Electric Power Co, Japan’s biggest utility, has signed a deal to buy 1.5 million tonnes a year of liquefied natural gas from a Shell-led project in Russia’s Far East…” (ShellNews.net) Posted 6 Nov 04 […]

Royal Dutch Shell News Friday 5 November, 2004

 Royal Dutch Shell News Friday 5 November, 2004 Planet Ark: Gas remains centrepiece in Shell China strategy: BEIJING –“Royal Dutch/Shell Group aims to become a major supplier of liquefied natural gas to China and gain a foothold in the country’s booming oil refinery sector, a senior company official says.” (ShellNews.net) 5 Nov 04 CSNews: Shell […]

Shell News Archive Thursday 4 November, 2004

From our Shell News Archive Thursday 4 November, 2004 Newstatesmen 4 Nov 04: The business – Patrick Hosking on Shell’s move to the Netherlands: The London head office of the UK half of the business, Shell Transport & Trading, is being disbanded.”: “…London will become a mere branch. The company’s centre of gravity will shift […]

Shell News Archive Wednesday 3 November, 2004

Shell News Archive Wednesday 3 November, 2004 The Guardian: Companies’ ethical reports branded ineffective: “Jeroem van der Veer, Shell’s new chief executive, has no qualms about the current failings of most CSR reporting: “I still see too little willingness to talk about failures and too little input from credible, and sometimes critical, third parties”. It’s […]

From our Shell News Archive 2 November 2004

Tuesday 2 November, 2004 THE NEW YORK TIMES: Crude Futures Hover Near $50 a Barrel: “In Nigeria, Oil giant Royal Dutch/Shell Group opened a court action Monday to try to block a strike targeting oil exports. It failed in a first-round bid to block wildcat strikes or other union action in the meantime. The case […]

From our Shell News Archive Monday 1 November 2004

Monday 1 November, 2004 Compliance Reporter: Royal Dutch/Shell Merger Plan Called ‘Inadequate': ““It is a timid, inadequate step forward,” said attorney William Lerach, who in June sued executives and board members of the firms, demanding that they be held accountable for the huge fines and excessive bonuses resulting from repeated fraudulent claims of the companies’ […]