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Posts from ‘September, 2005’

The Age (Australia): Oil spill, plume cost Shell $10,000

The Age (Australia): Oil spill, plume cost Shell $10,000 “SHELL Australia has been fined $10,000 after an Environment Protection Authority investigation of two incidents at the oil giant’s Geelong refinery. The EPA said yesterday two $5000 penalty notices had been issued against Shell for breaches of its licence.” Friday September 30, 2005 By Ewin Hannan […]

Shell, Todd To Battle In Court Over Gas Field

Dow Jones Newswires: Shell, Todd To Battle In Court Over Gas Field “WELLINGTON (Dow Jones)–Energy heavyweight Royal Dutch Shell Group’s (RD) New Zealand unit, and privately owned Todd Petroleum Mining are set to square off in court next week over who operates the Pohokura gas field…”: Friday September 30, 2005 WELLINGTON (Dow Jones)–Energy heavyweight Royal […]

Houston Shell Stations Open, Conservation Still Important

RNewswire: Houston Shell Stations Open, Conservation Still Important “Shell Oil Products US and Motiva Enterprises LLC are pleased to report that all 400 Shell stations in Houston and the surrounding areas are open and have been refueled in record time thanks to valiant efforts by the companies’ tanker drivers, retailers, wholesalers and employees.” Posted Friday […]

Cooperation Between Shell and Aramco to Develop Refinery in Texas

Red Nova: Cooperation Between Shell and Aramco to Develop Refinery in Texas “…Saudi Arabia and the Shell Oil Company intend to increase to 600,000 barrels the daily oil refining capacity of their Port Arthur Refinery in the American state of Texas at a cost of $3.2 billion.” Posted Friday 30 September 2005 A-Sharq Al-Awsat newspaper […]

Shell upset over lack of warning before detonation of bomb

New Straights Times (Malaysia): Shell upset over lack of warning before detonation of bomb “Shell Malaysia chairman Datuk Jon Chadwick, in a circular to its staff, said he was obliged to take up the matter with the police.”: “I ask for your understanding on this matter. It needs a comprehensive, non-defensive investigation — and I […]

Déjà VNU

Financial Times: Déjà VNU “Having backed down to the demands of disgruntled shareholders at Royal Dutch Shell, Aad Jacobs, the oil company’s non-executive chairman, is expending energy on smoothing problems at another of his charges: VNU.”: “Among those questioning the timing and rationale of one of the largest acquisitions attempted by a Dutch company is […]

Irish Times: Dempsey calls for end to Corrib dispute

Irish Times: Dempsey calls for end to Corrib dispute “It is understood that legal teams for Shell and the five men were in contact last night with a view to a court hearing today which may result in the injunction being dropped.” Friday September 30, 2005 Lorna Siggins, Marine Correspondent Minister for the Marine Noel […]

Venezuela tax office threatens to halt Shell ops over 130 mln usd tax – report

AFX Europe (Focus): Venezuela tax office threatens to halt Shell ops over 130 mln usd tax – report “Venezuela’s Seniat tax office has threatened to halt production at Royal Dutch Shell…”: “The Seniat previously ordered the temporary suspension of Royal Dutch Shell’s administrative activities in the country over VAT irregularities and requested from a local […]

Stanford Law School: Royal Dutch Petroleum Company (Shell)

Stanford Law School: Royal Dutch Petroleum Company (Shell) According to a press release dated September 2, 2005, Shell is to pay out $9.2 million and has agreed to make changes to its corporate governance in order to settle four lawsuits brought against it by disgruntled shareholders. However, the agreement is likely to be just the […]

ROYAL DUTCH SHELL NEWS HEADLINES SEPTEMBER 2005

ROYAL DUTCH SHELL NEWS HEADLINES SEPTEMBER 2005 Stanford Law School: Royal Dutch Petroleum Company (Shell): According to a press release dated September 2, 2005, Shell is to pay out $9.2 million and has agreed to make changes to its corporate governance in order to settle four lawsuits brought against it by disgruntled shareholders. However, the […]

Shell CEO says no Gazprom asset swap delay, seen finalized 2006

FROM OUR SHELL NEWS ARCHIVE SEPT 2005 MarketWatch: Shell CEO says no Gazprom asset swap delay, seen finalized 2006 “In July, Shell announced a preliminary swap deal with Gazprom that would give the Russian gas giant up to 25% in the Sakhalin II project in exchange for a 50% interest in its massive Zapolyarnoye-Neocomian gas […]

Shell says considering ‘new realities’ of refining

Reuters: Shell says considering ‘new realities’ of refining “Chief Executive Jeroen van der Veer told Reuters in an interview that new refineries needed to be built. De-bottlenecking and brownfields will not be enough,” he said…”: “If you start to tax away all the upside in the oil price, then we have less money to invest.” […]

Shell Exec: Oil Prices Linked to Capacity Boost

The New York Times: Exec: Oil Prices Linked to Capacity Boost   Higher oil prices and increased profits will give oil companies the incentive and leverage to make billions of dollars in new investments to expand refining and production, Royal Dutch Shell’s chief executive said Thursday.” By THE ASSOCIATED PRESS Published: September 29, 2005 Filed […]

Royal Dutch Shell is set to name Burson-Marsteller as its corporate PR adviser

Financial Times: Set for Shell sell: “Royal Dutch Shell is set to name Burson-Marsteller as its corporate PR adviser.” By Clay Harris Published: September 29 2005 Royal Dutch Shell is set to name Burson-Marsteller as its corporate PR adviser. Global product PR will be handled by Edelman. Like this:Like Loading…

Philippine Daily Inquirer: DOE orders Shell, Chevron to decide on Malampaya

Philippine Daily Inquirer: DOE orders Shell, Chevron to decide on Malampaya “THE DEPARTMENT OF ENERGY HAS GIVEN members of the Malampaya Deep Water Gas-to-Power Project consortium until Sept. 30 to decide whether they will extract and develop oil from the natural gas find off northwest Palawan.” 29 September 2005 Abigail L. Ho Sep 29, 2005 […]

Major changes in offing as Kuwait revenues soar

Kuwait Times: Major changes in offing as Kuwait revenues soar “Three consortiums of IOCs are keen to lead the project that should produce five billion barrels of crude oil over a 20-year period. The group leaders are BP, heading Occidental Petroleum (US), ONGC Videsh and Indian Oil Corp.; ExxonMobil – Royal Dutch/Shell, ConocoPhillips (US) and […]

Shell, Turcas in retail venture in Turkey

AFX Asia (Focus): Shell, Turcas in retail venture in Turkey “In a statement, Shell said it will own a 70 pct stake in the joint venture, while Turcas will hold the remaining 30 pct.” Posted Thursday 29 September 2005 LONDON (AFX) – Royal Dutch Shell PLC and Turkish oil group Turcas Petrol AS have signed […]

Shell set to dismantle pipeline section next week, says Dempsey

Irish Times: Shell set to dismantle pipeline section next week, says Dempsey “The Minister for the Marine and Natural Resources, Noel Dempsey, has said that Shell E&P is expected to begin work next week on dismantling part of the controversial Corrib gas pipeline that was welded together without proper consent.”: “All development work has ceased […]

Shell donates children’s ward to Warri Central Hospital

Daily Independent (Nigeria): Shell donates children’s ward to Warri Central Hospital Thursday 29 September 2005 By Francis Onoiribholo Correspondent, Warri Shell Petroleum Development Company (SPDC), on Monday, boosted Delta State government’s effort towards providing adequate healthcare services with the donation of a Neo-Natal Ward for children at the Warri Central Hospital. The multinational oil firm […]

Aramco Shell jv consider plan to boost output of Motiva refinery

Financial Times: ENERGY: “Aramco, the Saudi kingdom’s national oil company, is considering a plan to boost the output of its Motiva refinery in Houston by 45 per cent, along with its joint venture partner, Shell.”: “This summer, Jeroen Van der Veer, Shell’s chief executive, commented that he did not see any tankers of crude sitting […]

Spending on ports keeps rising

Lloyds List: Spending on ports keeps rising “Royal Dutch Shell, along with its partners, TotalFinaElf and Mitsui, is developing a $370m LNG import facility in Altamira.” Wednesday Sept 28, 2005 Foreign cash in Lazaro Cardenas, Progreso and Altamira terminals Private and public investment in Mexico’s port system is set to reach Ps$7.4bn (US$657m) this year, […]

Iran threatens economic backlash over IAEA vote

Financial Times: Iran threatens economic backlash over IAEA vote “…European pressure over Iran’s nuclear programme was putting at risk multi-billion dollar energy deals with oil majors, including Total and Royal Dutch Shell.” Wednesday 28 Sept 2005 By FT reporters Published: September 27 2005 Iran said on Tuesday it would reconsider economic ties with countries that […]

Solar industry needs stable markets: business leader

chinaview.cn: Solar industry needs stable markets: business leader The solar-power industry needed stability to become competitive, the Vice President of Royal Dutch Shell’s Hydrogen Business Jeremy Bentham said here on Wednesday.” 28 September 2005 www.chinaview.cn 2005-09-28 23:16:14 JOHANNESBURG, Sept. 28 (Xinhuanet) — The solar-power industry needed stability to become competitive, the Vice President of Royal […]

Shell to Sea campaign to hold a national demonstration in Dublin

Galway Independent (Ireland): “Shell to Sea march to the Dáil “The Shell to Sea campaign will hold a national demonstration in Dublin on Saturday 1 October.” Wednesday 28 September 2005 The Shell to Sea campaign will hold a national demonstration in Dublin on Saturday 1 October. The demonstration will start in the Garden of Remembrance […]

Project delays ‘drive up prices’

Financial Times: Project delays ‘drive up prices': “Royal Dutch Shell, Europe’s second largest energy group by market capitalisation, this year made headlines with delays at its Sakhalin oil and natural gas project off Russia’s east coast and its Bonga oilfield in Nigeria.” Tuesday 27 September 2005 By Carola Hoyos in London Delays of big oil […]

Govt rules out mediator in Shell dispute

Ireland Online: Govt rules out mediator in Shell dispute “Natural Resources Minister Noel Dempsey today faced a three-hour grilling on the issue…”: “Mr Dempsey also rejected claims that former ministers with responsibility for natural resources had any improper influence on awarding exploration contracts to oil giants like Shell.” Tuesday 27/09/2005 The Government tonight ruled out […]

Shell farcical No. 2 ranking in 2005 Accountability Rating in FORTUNE magazine

Royal Dutch Shell farcical No. 2 ranking in the 2005 “Accountability Rating” published in FORTUNE magazine Tuesday 27 September 2005 08.15am ET By Alfred and John Donovan 27 Sept 2005 How much faith can investors/stakeholders have in a rating methodology capable of conjuring up a ranking which has no relationship to reality? Royal Dutch/Shell Group […]

No resolution to Shell dispute

Irish Emigrant Online (Ireland): No resolution to Shell dispute “Earlier in the week it was reported that Shell has yet to comply with July’s ministerial order to dismantle a section of the Corrib Gas pipeline which had been welded together without the proper Government consent.” Monday 26 September 2005 The Rossport Five remain in Cloverhill […]

10,000 to march in support of jailed pipeline protesters

FROM OUR SHELL NEWS ARCHIVE SEPT 2005 Daily Telegraph: 10,000 to march in support of jailed pipeline protesters “Anger is mounting over the jailing of five landowners who have been in prison for nearly 100 days for objecting to Shell building a pipeline through one of the last European -wildernesses.”: “The case of the Rossport […]

Nigerian Bonga oilfield to start late Oct – Shell

FROM OUR SHELL NEWS ARCHIVE SEPT 2005 Reuters: Nigerian Bonga oilfield to start late Oct – Shell “…Bonga, which is over two years behind its original target start date and far above budget…” Mon Sept 26, 2005 JOHANNESBURG (Reuters) – The long-delayed Bonga oilfield in Nigeria is now expected to start production in late October, […]

Irish farmers’ arrest instigates protesting

Daily Herald (Utah): Irish farmers’ arrest instigates protesting Sunday 25 September 2005 ROSSPORT, Ireland — Five farmers from these wind-swept coastal boglands have been locked up in a Dublin prison for nearly three months for blocking construction of a $1.1 billion natural gas pipeline and refinery by the Shell oil group, a standoff that has […]

Militants threaten Nigerian oil stations after leader’s arrest

The Guardian (UK): Militants threaten Nigerian oil stations after leader’s arrest “We will unleash upon the government and its cohorts violence and mayhem never before reported in the history of the Nigerian state…” Saturday September 24, 2005 Jeevan Vasagar in Nairobi A separatist militia threatening to spread “violence and mayhem” throughout Nigeria’s oil-producing delta has […]

Fidelity shows Shell how giants can care for small investors

Daily Telegraph: Fidelity shows Shell how giants can care for small investors “Any complacency about rising standards in the City would, however, be misplaced. Shell’s half-hearted climbdown this week demonstrates that many boardroom fat cats continue to regard individual shareholders with disdain.” (Filed: 24/09/2005) By Ian Cowie, Personal Finance Editor Small investors are often treated […]

Shell finally does the decent thing

Daily Telegraph: Shell finally does the decent thing “Shell performed an embarrassing U-turn this week and offered new tax-free merger terms to British investors in Royal Dutch Petroleum who were refusing to agree to the unification with Shell Transport & Trading. However, Shell is risking the wrath of British shareholders in Royal Dutch who accepted […]

Qatar to Fund Development Spree With $110 Billion in Financing

The Wall Street Journal: Qatar to Fund Development Spree With $110 Billion in Financing “Qatar has already fostered a booming liquefied-natural-gas industry, benefiting from soaring global demand to draw in well-heeled investment partners like Royal Dutch Shell PLC” Saturday 24 September 2005 By CHIP CUMMINS Staff Reporter of THE WALL STREET JOURNAL September 24, 2005 […]

TNT launches tax probe

Financial Times: TNT launches tax probe “The Netherlands has seen its share of accounting scandals, notably the reserves crisis at Royal Dutch Shell and a near-€1bn fraud at Ahold, the grocery group, which led to criminal charges against senior management.” Saturday 24 Sept 2005 By Ian Bickerton in Amsterdam Published: September 24 2005 TNT has […]

Nigerian Separatist Faces Treason Charge

THE NEW YORK TIMES: Nigerian Separatist Faces Treason Charge “…protesting militants had taken over at least four oil flow stations run by Shell, the main producer in a country that is the world’s eighth largest oil exporter and the fifth main supplier to the United States. Shell would neither confirm nor deny facilities had been […]

Shell Evacuates Staff Amid Nigeria Unrest

The Wall Street Journal: Chevron Closes Facilities, Shell Evacuates Staff Amid Nigeria Unrest “Chevron Corp. has shut down two oil flow stations and Royal Dutch Shell PLC has evacuated workers amid unrest in Nigeria’s oil-rich delta, the companies said Friday.” Friday 23 Sept 2005 Associated Press September 23, 2005 7:41 a.m. LAGOS, Nigeria — Chevron […]

Shell plans synthetic fuel production in Germany

Hindustan Times (India): Shell plans synthetic fuel production in Germany Posted Thursday September 22, 2005 Energy major Shell has announced plans for large-scale production of synthetic diesel fuel in Germany. Shell said it would invest several hundred million euros over the next few years in the production of synthetic diesel fuel in cooperation with the […]

Shell disappointed at mediation rejection

Mayo News Online: Shell disappointed at mediation rejection “SHELL E&P Ireland have promised to continue to seek means of opening dialogue with the Rossport Five in light of the refusal by the five men to accept an offer of mediation from the company” Posted Thursday 22 Sept 2005 Report by Padraic Burns SHELL E&P Ireland […]