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May 12th, 2005:

Shell Forms $91M JV To Build Gas Pipeline In East China

THE WALL STREET JOURNAL: Shell Forms $91M JV To Build Gas Pipeline In East China

Posted 12 May 2005

DOW JONES NEWSWIRES

BEIJING — Royal Dutch/Shell Group (RD) said Wednesday it has agreed to form a joint venture with Hangzhou Gas (Group) Co. to build a gas pipeline in Hangzhou, in coastal Zhejiang province, marking Shell ‘s first move into China’s gas-distribution market.

The joint venture will have a total investment of US$91 million and will build, operate and manage a 117-kilometer pipeline and two city gate stations, Shell said.

Hangzhou Gas will hold 51% of the joint venture, Shell 39% and Hong Kong & China Gas Co. (0003.HK) the remaining 10%. read more

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.

Daily Telegraph: The poorly travelled need not apply

Daily Telegraph (UK): The poorly travelled need not apply

(Filed: 12/05/2005)

Globetrotting has become the norm as more firms seek managers with international experience, writes Lucie Carrington

If you want to get on, you need to get out, according to a report from The Daily Telegraph/Cranfield School of Management Recruitment Confidence Index.

The survey suggests that cross-cultural experience is becoming the norm for ambitious managers as a growing number of UK firms seek out senior people with international business experience.

Nearly half the organisations responding (42 per cent) say they have increased their international recruitment over the past five years. And nearly one in five (18 per cent) say the number of staff leaving to work abroad has also increased in that time. In addition, 20 per cent expect their senior managers to have spent time overseas. read more

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.

The Guardian: Pass the butty

The Guardian (UK): Pass the butty

12 May 2005

Unilever shareholders attending the food group’s annual meeting were yesterday treated to an interminable presentation about its marketing strategy and how its health and food products help “vitality”.

The fact that investors were then offered a white bread fish finger butty as part of their free lunch nicely summed up the gap between Unilever’s rhetoric and reality.

New chief executive Patrick Cescau gave an astonishingly stodgy performance that part-emptied the hall and made one long for the return of his self-regarding but entertaining predecessor, Niall FitzGerald. read more

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.

New Straits Times (Malaysia): Shell Refining seeks new loan to repay debt

New Straits Times (Malaysia): Shell Refining seeks new loan to repay debt

By SHAHRIMAN JOHARI

May 12 2005

SHELL Refining Co (Federation of Malaya) Bhd is raising some RM532 million from a new loan to mainly repay older debt as it seeks to lower finance costs, sources said.

The firm, 52 per cent controlled by Dutch oil giant Shell, will borrow from Japan’s Bank of Tokyo-Mitsubishi Bhd. The parties are set to sign the five-year loan agreement today, according to an advisory sent by Shell Refining.

“The pricing is quite low and the mandate was given to the Bank of Tokyo,” a source familiar with the deal told Business Times. read more

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.

Yahoo Biz: MALAYSIA PRESS: Shell Refining To Sign MYR532M Loan Pact

Yahoo Biz: MALAYSIA PRESS: Shell Refining To Sign MYR532M Loan Pact

12 May 2005

KUALA LUMPUR (Dow Jones)–Shell Refining Co. (Federation of Malaya) Bhd. (4324.KU) will sign later Thursday a MYR532 million, five-year loan agreement with Bank of Tokyo-Mitsubishi Bhd., the Business Times daily reports.

“The pricing is quite low and the mandate was given to the Bank of Tokyo-Mitsubishi,” the paper quotes an unnamed source as saying.

Shell Refining, which operates an oil refinery south of Kuala Lumpur, has MYR577.6 million in outstanding unsecured term loans, the report says. read more

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.

Shell Forms $91M JV To Build Gas Pipeline In East China

THE WALL STREET JOURNAL: Shell Forms $91M JV To Build Gas Pipeline In East China

Posted 12 May 2005

DOW JONES NEWSWIRES

BEIJING — Royal Dutch/Shell Group (RD) said Wednesday it has agreed to form a joint venture with Hangzhou Gas (Group) Co. to build a gas pipeline in Hangzhou, in coastal Zhejiang province, marking Shell ‘s first move into China’s gas-distribution market.

The joint venture will have a total investment of US$91 million and will build, operate and manage a 117-kilometer pipeline and two city gate stations, Shell said.

Hangzhou Gas will hold 51% of the joint venture, Shell 39% and Hong Kong & China Gas Co. (0003.HK) the remaining 10%. read more

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.
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