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Posts from ‘July, 2005’

The Independent on Sunday: The week that was: Investors get the jitters as lenders are hit by bad debts

The Independent on Sunday: The week that was: Investors get the jitters as lenders are hit by bad debts “Meanwhile, Royal Dutch Shell unveiled half-year profits of £5.8bn, or £1.3m an hour. But it doesn’t plan to stop there. Shell plans to increase the money spent on exploring for oilfields to £1bn both this year […]

The Observer: The marketing of Blairism

The Observer: The marketing of Blairism “You could be forgiven for thinking that think-tanks exert more influence on the Prime Minister than business and unions combined.”: “There is lingering suspicion that think-tanks are skewed by the financial backing of big business. The SMF has a business group that companies like pharmaceuticals giant GlaxoSmithKline and oil […]

The Observer: And they call this the silly season?

The Observer: And they call this the silly season? “Corporate giants like Vodafone, Rolls-Royce, BP, Shell, and AstraZeneca all came out with results that were – with the exception of beleaguered Shell – rather better than the market had a right to expect.” Sunday July 31, 2005 Frank Kane Whoever called it the silly season? […]

End of an Auto Sale

THE WALL STREET JOURNAL: End of an Auto Sale Exxon Mobil and Shell said earnings climbed more than 30% amid soaring oil prices, but both saw production decline Sunday July 31, 2005 THIS WEEK GM Discount Ends: General Motors plans to end its successful “employee discounts for everyone” promotion this week. The company also signaled […]

Yuppies mark Rossport card

The Sunday Times: Yuppies mark Rossport card “A city-centre rally in support of the Rossport Five, the jailed Shell pipeline protesters, was heckled by a counter-demonstration staged by four young crusaders styling themselves as “pro-capitalists”. “…the impertinent interlopers really seemed to annoy the various Green, Labour, Sinn Fein and independent TDs who have leapt aboard […]

The Sunday Times: And Finally … If Shell is driven away who else will invest in Mayo?

The Sunday Times: And Finally … If Shell is driven away who else will invest in Mayo? “THE people of Mayo know all about boycotts, having coined the word in 1880…”: “In all the fuss surrounding the jailing of the so-called Rossport Five it is easy to lose sight of the fact that Shell is […]

Mayo council ‘to get Shell windfall’

The Sunday Times (UK): Mayo council ‘to get Shell windfall’ “Supporters of the Rossport Five — the local landowners who have spent the past month in jail — want Shell to move its operations offshore, but it has emerged that the council, which granted planning permission for an inland terminal, has a strong vested interest […]

Gulf Times: Shell loses appeal to restore LNG jetty approval

Gulf Times: Shell loses appeal to restore LNG jetty approval “The Royal Dutch Shell Plc-led venture on Russia’s Sakhalin Island may face delays on plans to sell liquefied natural gas to Asia after losing an appeal to reinstate an environmental approval”: “Talks with the European Bank of Reconstruction and Development about funding for the project […]

ROYAL DUTCH SHELL NEWS HEADLINES JULY 2005

ROYAL DUTCH SHELL NEWS HEADLINES JULY 2005 Gulf Times: Shell loses appeal to restore LNG jetty approval: “The Royal Dutch Shell Plc-led venture on Russia’s Sakhalin Island may face delays on plans to sell liquefied natural gas to Asia after losing an appeal to reinstate an environmental approval”: “Talks with the European Bank of Reconstruction […]

Further delays and soaring expenditure in big energy projects emerge at Royal Dutch Shell

The Times (UK): That was the week: “Further delays and soaring expenditure in big energy projects emerge at Royal Dutch Shell after the oil group admits that the start-up of Bonga, a giant offshore Nigerian oilfield, has been pushed back until late this year.” Saturday 30 July 2005 Further delays and soaring expenditure in big […]

Daily Telegraph: Not bad results this half but UK plc could do better

Daily Telegraph: Not bad results this half but UK plc could do better “… Jeroen van der Veer, chief executive of Shell, whose sums have given so much trouble recently, admitted: “It is clear we must improve our project management.” Saturday 30 July 2005 (Filed: 30/07/2005) Although company figures are encouraging, economists know the truth, […]

Daily Telegraph: A summary of this week’s main business stories

Daily Telegraph: A summary of this week’s main business stories “Shell declared a 27pc increase in first-half profits to $10.17billion (£5.8billion) but admitted that its oil and gas production had fallen by 129,000 barrels a day over the period.” Saturday 30 July 2005 • Sir Tom McKillop, chief executive of Astrazeneca, said he would step […]

RTE (Ireland): Shell announces 56 more Corrib lay-offs

RTE (Ireland): Shell announces 56 more Corrib lay-offs Posted Saturday 30 July 2005 Shell Ireland says 56 more workers have been laid off at its Corrib gas project in County Mayo. The company, which blamed continuing protests at its sites in Mayo, said the decision followed talks with a major contractor, SICIM-Roadbridge. The workers are […]

Irish Examiner: Shell axes 56 jobs as a result of pipe protests

Irish Examiner: Shell axes 56 jobs as a result of pipe protests “Mark Carrigy, operations manager for Shell EP Ireland, claimed protesters had been obstructing non-pipeline work and as a result the sub-contractors were forced to cut employee numbers.”: “The job losses come as five men jailed over their protests against the pipeline brothers Philip […]