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September 13th, 2005:

The Financial Express (India): Shell beats IOC to bag Tupras

Sep 13th, 2005
by John Donovan.
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The Financial Express (India): Shell beats IOC to bag Tupras

“Indian Oil Corporation (IOC) on Monday lost the race to acquire 51% in Tupras (Turkish Petroleum Refineries Corp) to a consortium of Shell and Turkish company Koch Holdings. The Shell-Koch Holdings consortium won the auction for $4.14 billion.”

Tuesday, September 13, 2005

ENERGY BUREAU
Posted online: Tuesday, September 13, 2005 at 0033 hours IST

NEW DELHI, SEPT 12: Indian Oil Corporation (IOC) on Monday lost the race to acquire 51% in Tupras (Turkish Petroleum Refineries Corp) to a consortium of Shell and Turkish company Koch Holdings. The Shell-Koch Holdings consortium won the auction for $4.14 billion.

This is India’s second major failure to acquire a global oil and gas property in less than a month. The ONGC-Mittal combine had recently lost in the bid to acquire Canada-based Petro-Kazakhstan to China’s CNPC. 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.

Technology Champion for Brunei Shell

Sep 13th, 2005
by John Donovan.
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Lloyds List: Technology Champion for Brunei Shell

BRUNEI Shell Petroleum has installed one of the world’s most technologically advanced production platforms on the Champion West field to extract oil from one of the country’s largest undeveloped fields.”

Tuesday Sep 13, 2005

BRUNEI Shell Petroleum has installed one of the world’s most technologically advanced production platforms on the Champion West field to extract oil from one of the country’s largest undeveloped fields.

Shell will use smart field technology to exploit the oil reserves from Champion West and installed the platform last month. It is set to begin drilling complex production wells into the reservoir, including long horizontal wells that Shell is calling ‘snake wells’, in October. 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’s Norco refinery at 95% capacity

Sep 13th, 2005
by John Donovan.
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NineMSN (Australia): Shell’s Norco refinery at 95% capacity

“Shell, which ranks as one of the largest producers in the Gulf of Mexico, last week warned that oil and gas output from its vast Mars field might not resume flowing until 2006.”

Tuesday 13 Sept 2005

09:39 AEST Tue Sep 13 2005 AAP

Shell Oil’s hurricane-hit Norco refinery is at 95 per cent capacity and will soon be at full operation, the company says.

Hurricane Katrina slammed into Louisiana and Mississippi on August 29 with deadly winds and flooding that affected Shell’s crude oil and natural gas production in the Gulf of Mexico as well as its local refineries and petrol marketing operations.

“The Motiva Norco Refinery is back in operation and anticipates running at about 95 per cent of crude throughput capacity today. The remainder is anticipated to come online over the next few days,” Shell said in a statement. 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.

ABB man to show and tell for Shell

Sep 13th, 2005
by John Donovan.
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Financial Times: Mudlark: ABB man to show and tell for Shell

“Royal Dutch Shell has gone Nordic again, this time to fill its top communications job. Björn Edlund from the Swiss-Swedish engineering group ABB will become vice-president for media and communications on October 1.”

Posted 13 Sept 2005

By Clay Harris
Published: September 12 2005

(EXTRACT RELATING TO SHELL)

Royal Dutch Shell has gone Nordic again, this time to fill its top communications job. Björn Edlund from the Swiss-Swedish engineering group ABB will become vice-president for media and communications on October 1. The Swede’s appointment, filling a plum vacancy in European corpcomms, follows Shell’s choice of a Finn, Nokia chief executive Jorma Ollila, as chairman from June next year.

Edlund will be reunited with chief financial officer Peter Voser, another ABB alumnus who came back to Shell in 2004. In charge of external and internal communications, he will report to Roxanne Decyk, head of a new corporate affairs directorate. 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.

Receding waters reveal nightmare of ‘streets covered in inches of muck’

Sep 13th, 2005
by John Donovan.
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Lloyds List: Receding waters reveal nightmare of ‘streets covered in inches of muck’

“Other incidents included the loss of 10,000 barrels from Shell’s storage tank to the surrounding tank farm, and a 250 barrel leak from a Shell pipeline in Nairn. The tank farm leak was being contained with absorbent booms and the pipeline had been repaired, the coast guard said.”

Tuesday 13 Sept 2005

THE receding water of Hurricane Katrina is revealing a new nightmare leaked oil, some of which appears to be in the streets of populated neighbourhoods, writes Rajesh Joshi in New York.

The US Coast Guard, the US Environmental Protection Agency and Louisiana state officials are recovering spilt oil. At least eight incidents have so far been identified, including several where the leaks were said to have ended up in ‘secondary containment’.

An unquantified portion of the leak of 16,000 barrels from a storage tank at Murphy Oil’s refinery in Chalmette was said to have seeped into residential neighbourhoods on the southeastern outskirts of New Orleans. 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 Group Bids $4.14 Billion for Refinery

Sep 13th, 2005
by John Donovan.
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The Wall Street Journal: Shell Group Bids $4.14 Billion for Refinery

Tupras to Remain In Turkish Hands, As Koc Bid Wins: “A consortium led by Koc Holding AS of Turkey and including Royal Dutch Shell PLC fended off eight other bidders in a hotly contested privatization auction for control of Tupras, Turkey’s 500,000-barrel-a-day refiner. The winning bid of $4.14 billion (€3.34 billion) defied even the most optimistic expectations”

Tuesday 13 September 2005

By MICHAEL WANG
DOW JONES NEWSWIRES
September 13, 2005; Page C5

A consortium led by Koc Holding AS of Turkey and including Royal Dutch Shell PLC fended off eight other bidders in a hotly contested privatization auction for control of Tupras, Turkey’s 500,000-barrel-a-day refiner.

The winning bid of $4.14 billion (€3.34 billion) defied even the most optimistic expectations which, ahead of the auction, had reckoned with a final price tag closer to $3 billion.

The Koc-Shell group faced its strongest competition from a joint venture comprising state-owned Indian Oil Corp. and Turkey’s Calik Enerji Sanayii, as well as OYAK, an industrial conglomerate representing a Turkish Army officers’ pension fund. 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 sells its oil products business in the French Antilles and French Guyana

Sep 13th, 2005
by John Donovan.
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Oil & Gas Journal (Houston): Shell sells its oil products business

“Royal Dutch Shell has signed a sale and purchase agreement and trademark license agreement with Rubis Group relating to the divestment of Shell’s oil products businesses in the French Antilles and French Guyana.”

Tuesday 13 September 2005

Offshore staff

(Guadeloupe, Martinique)-Royal Dutch Shell has signed a sale and purchase agreement and trademark license agreement with Rubis Group relating to the divestment of Shell’s oil products businesses in the French Antilles and French Guyana.

The agreements relate to Shell’s 24% interest in the SARA refinery in Martinique, a wholly-owned network of 54 retail service stations, distribution assets and facilities, commercial fuels, bitumen, aviation, lubricants, liquefied petroleum gas, and marine businesses geographically spread across the region. 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’s China cracker on track for end-yr start

Sep 13th, 2005
by John Donovan.
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Reuters: Shell’s China cracker on track for end-yr start

“Royal Dutch/Shell Group’s $4.3 billion joint-venture naphtha cracker in southern China is on track to start up by late this year…”

Tuesday 13 Sept 2005

Tue Sep 13, 2005

By Lucy Hornby

SHANGHAI (Reuters) – Royal Dutch/Shell Group’s $4.3 billion joint-venture naphtha cracker in southern China is on track to start up by late this year, helping to meet booming demand for the chemical used in products ranging from fertiliser to diapers.

Downstream units to process the venture’s 800,000 tons per year of ethylene output are slated to come online in early 2006, the project’s manager told Reuters in an interview on Tuesday. 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.

Former Shell boss Watts loses case against FSA

Sep 13th, 2005
by John Donovan.
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Financial Times: Former Shell boss Watts loses case against FSA

“The judgement by the Financial Services and Markets Tribunal, which concerned an FSA penalty notice against the company itself, came as Sir Philip faces a separate investigation into his own conduct and vowed to keep fighting to clear his name.”

Tuesday 13 September 2005

By Barney Jopson
Published: September 13 2005

The Financial Services Authority was on Tuesday celebrating a legal victory over Sir Philip Watts, former chairman of Royal Dutch Shell, after a tribunal ruled the regulator had not prejudiced him during the oil company’s reserves scandal.

The judgement by the Financial Services and Markets Tribunal, which concerned an FSA penalty notice against the company itself, came as Sir Philip faces a separate investigation into his own conduct and vowed to keep fighting to clear his name. 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.

UK tribunal rejects complaint from ex-Shell chief Watts

Sep 13th, 2005
by John Donovan.
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AFX News Limited: UK tribunal rejects complaint from ex-Shell chief Watts

Tuesday 13 Sept 2005

LONDON (AFX) – A UK tribunal has thrown out a complaint made by ex-Royal Dutch Shell chairman Philip Watts over how the Financial Services Authority managed its probe into the energy giant’s reserves crisis.

The Financial Services and Markets Tribunal this morning ruled that Watts had not been ‘identified and prejudiced’ by the FSA when it described Shell’s numerous mis-statements of its reserves as ‘unprecedented misconduct’.

The investigation also led to a 17 mln stg fine for the oil giant. 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.

Ex-Shell boss loses showdown with London market watchdog

Sep 13th, 2005
by John Donovan.
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Ireland On-Line: Ex-Shell boss loses showdown with London market watchdog

“In addition to the FSA action, the fiasco brought Shell a $120m (€97.8m) fine from the Securities and Exchange Commission in the United States for violating record-keeping, reporting and anti-trust rules.”

Tuesday 13 Sept 2005

Former Shell chairman Philip Watts today lost a showdown with the London market watchdog into how it handled the investigation into the oil giant’s reserves crisis.

Watts had accused the Financial Services Authority (FSA) of violating his statutory rights by fining Shell a record £17m (€25.2m) without giving him a chance to respond.

His case – presented to an independent tribunal – was based on the claim that he was identified and prejudiced by the FSA when it issued a public notice penalising Shell. 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.

Saving and Serving Lives in the aftermath of Hurricane Katrina

Sep 13th, 2005
by John Donovan.
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Saving and Serving Lives in the aftermath of Hurricane Katrina

“In view of recent publicly made allegations against Shell management that it has displayed racist policies towards its former employees in Malaysia…”

Tuesday 13 Sept 2005 16.48 PM EDT

By Dr John Huong (Also published on “Tell Shell”)

I would like to convey through the medium of the Tell Shell forum my condolences in respect of the poor souls in the Gulf States of the USA who tragically lost their lives as a result of Hurricane Katrina. I pray for relatives and friends of the deceased and for the huge number of people who have lost everything and now find themselves living as refugees a long way from their homes.

There has been some criticism of the oil companies for giving alleged derisory donations to assist in the response to this unprecedented natural disaster in North America. I understand (correct me if I am wrong) that my former employer Shell has given $1 million USD. In view of recent publicly made allegations against Shell management that it has displayed racist policies towards its former employees in Malaysia (which I am sure must be unfounded), I would respectfully suggest that Shell could dispel any such notion by making a much more significant donation to the charities supporting the refugees, many of whom are impoverished. 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: ex-Shell boss loses appeal against UK regulator

Sep 13th, 2005
by John Donovan.
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Reuters: x-Shell boss loses appeal against UK regulator

“Philip Watts had argued that his reputation was unfairly impinged by the Financial Service Authority (FSA) ruling that the company, now called Royal Dutch Shell Plc, had engaged in “unprecedented misconduct” that resulted in market abuse, for which it was fined 17 million pounds ($31.06 million).”: Tuesday Sept 13, 2005

LONDON, Sept 13 (Reuters) – A UK tribunal has dismissed an appeal from the former chairman of the Shell oil group (RDSa.L: Quote, Profile, Research)

(RDSb.L: Quote, Profile, Research) against the UK financial regulator’s censure of the Anglo-Dutch company over the overstating of its oil reserves. 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.

Tribunal setback for Shell ex-chief Sir Philip Watts

Sep 13th, 2005
by John Donovan.
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London Evening Standard: Tribunal setback for Shell ex-chief: FORMER Shell chairman Sir Philip Watts has suffered a major setback in a bid to restore his battered reputation

Tuesday 13 September 2005

Nick Goodway,

FORMER Shell chairman Sir Philip Watts has suffered a major setback in a bid to restore his battered reputation.

He had claimed the Financial Services Authority blackened his name by association in its report on how the oil giant had massively overstated its reserves.

Watts, who was not named in the report but was clearly referred to, claimed the watchdog should have given him the right to defend himself against the allegations.

But the Financial Services and Markets Tribunal today dismissed his case, saying it agreed with the FSA that, while Watts was identifiable in the ‘matter’ of the Shell case, he was not actually identified in the notice issued by the FSA. 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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