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June 22nd, 2005:

THE BORNEO POST: Dr John Huong, former employee suing Shell

THE BORNEO POST: Former employee suing Shell

22 June 2005

MIRI: Dr John Huong, an ex-Shell employee, is suing Shell in the Industrial Court here, alleging that he had been unfairly dismissed by the company.

According to the case papers filed by his lawyer, William Ding, the claimant is requesting reinstatement to his former position in the company as a geologist. He had been working with the company for almost 30 years in various capacities.

“He was dismissed on March 28, 2003 after the company conducted a domestic inquiry, alleging that the claimant had absented himself from work and meetings on numerous occasions,” said Ding. 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.

insurancejournal.com: S&P Rates Shell Captive ‘AA’

insurancejournal.com: S&P Rates Shell Captive ‘AA’

Wednesday 22 June 2005

June 22, 2005

Standard & Poor’s Ratings Services announced that it has assigned its “AA” long-term counterparty credit and insurer financial strength ratings to Swiss-based Solen Versicherungen AG (SVAG), a wholly owned captive insurer of the Royal Dutch/Shell Group of Companies, which are rated “AA/Stable/A-1+”. The outlook is stable. “SVAG qualifies as a captive insurer under Standard & Poor’s rating criteria and, as such, is rated at the same level as Shell,” stated S&P credit analyst Jelena Bjelanovic. 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 to Raise Output Of Oil, Natural Gas By 30% in 10 Years

THE WALL STREET JOURNAL: Shell to Raise Output Of Oil, Natural Gas By 30% in 10 Years

Wednesday, 22 June 2005:

By CHIP CUMMINS

Staff Reporter of THE WALL STREET JOURNAL

June 22, 2005 12:32 p.m.

LONDON — Royal Dutch/Shell Group’s chief executive said the company is on track to boost oil and natural-gas production by some 30% over the next decade, as a number of big projects already in the works come on line and as Shell bolsters its exploration and production business with new finds.

Jeroen van der Veer reiterated the company’s earlier projection that Shell expects flat production in the next few years, a problem shared by some other major oil companies. But at a news conference here Wednesday, he said Shell expects to identify and develop as many as 10 super-large “elephant” projects that will boost output by 2015. 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.

Negotiation key to Shell boosting production

Financial Times: Negotiation key to Shell boosting production

Wednesday 22 June 2005

By Thomas Catan and Ian Bickerton in London

Royal Dutch/Shell, the Anglo-Dutch energy group, on Wednesday announced a package of measures designed to boost its flagging oil and gas production and gain access to new resources.

Jeroen van der Veer, Shell’s chief executive, said the company would set up a new “commercial academy” to train staff to negotiate more effectively with governments that control oil and gas resources.

The initiative was also designed to counter the growing threat from energy-hungry countries such as China and India, whose aggressive state oil companies were becoming direct competitors, he said. 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.

Reuters: Shell Canada sees oil prices falling

Reuters: Shell Canada sees oil prices falling

Wed Jun 22, 2005

NEW YORK (Reuters) – The chief executive of Shell Canada Ltd. on Wednesday predicted the price of oil would almost certainly fall, though he did not say how far or how fast it would come off of current record highs.

“The fundamentals will tell you that the price should come down,” Clive Mather said at the Reuters Energy Summit. “Personally I think it’s almost inevitable that they will come down.”

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.

OMAN SIGNS OIL AGREEMENTS WITH GROUP OF INT’L COMPANIES

Asia Pulse: OMAN SIGNS OIL AGREEMENTS WITH GROUP OF INT’L COMPANIES

MUSCAT, June 22 Asia Pulse – The government of the Sultanate Tuesday signed a production sharing agreement (and a joint operating agreement) for the development of the Mukhaizna field with occidental Mukhaizna LLC, Liwa Energy Ltd, a subsidiary of Mubadala Development Company, Shell Oman Trading Company Limited, Total E&P Oman, Oman Oil Company and Partex (Oman) Corporation.

Dr. Mohammed bin Hamad al-Rumhi, Minister of Oil and Gas signed the production sharing agreement (and joint operating agreement) on behalf of the Government of the Sultanate and with the companies participating in the new venture at the Grand Hyatt Hotel. 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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