Royal Dutch Shell plc .com Rotating Header Image

Posts from ‘October, 2005’

ROYAL DUTCH SHELL NEWS HEADLINES OCTOBER 2005

ROYAL DUTCH SHELL NEWS HEADLINES OCTOBER 2005 AFX Europe (Focus): Royal Dutch Shell proposes to pay minority shareholders 52.21 eur/shr: “Royal Dutch Shell also said eligible UK resident shareholders can receive loan notes exchangeable into Royal Dutch Shell ‘A’ shares.”: Tuesday October 31, 2005: READ Grampian TV (Scotland): Shell admits failures led to the deaths […]

From our Shell News Archive for Tuesday 31 October 2005

From our Shell News Archive for Tuesday 31 October 2005 AFX Europe (Focus): Royal Dutch Shell proposes to pay minority shareholders 52.21 eur/shr: “Royal Dutch Shell also said eligible UK resident shareholders can receive loan notes exchangeable into Royal Dutch Shell ‘A’ shares.”: Tuesday October 31, 2005: READ Grampian TV (Scotland): Shell admits failures led […]

From our Shell News Archive 30 October 2005

From our Shell News Archive 30 October 2005 Irish Times: Cassells to be mediator in Corrib gas dispute: “Shell is still pursuing a permanent injunction against opponents of the onshore pipeline.”: Monday October 31, 2005 Gulf Times: Irish villagers risking prison to protest Shell gas pipeline: “The Corrib gas reservoir, discovered in 1996, contains an […]

Shell news 29 October 2005

THE WALL STREET JOURNAL: Backlash Spreads As Profits Surge At Oil Companies: “Exxon, Shell Net $19 Billion, Fueling Calls for Profit Tax, Efforts to Boost Stockpiles”: “If there are those who abuse the free enterprise system to advantage themselves and their businesses at the expense of all Americans, they ought to be exposed, and they […]

Shell’s performance beats expectations

Financial Times: Shell’s performance beats expectations “Shell has been reviewing its leading projects since the cost of its Sakhalin 2 project in Russia doubled to $20bn earlier this year. The enthusiasm of some analysts was tempered by their expectation that its capital expenditure budget would have to rise when it is announced in December.” Friday […]

Green groups call for windfall tax as Shell reports record earnings

The Independent: Green groups call for windfall tax as Shell reports record earnings “Shell’s fortunes this year, on the back of soaring oil prices, are in marked contrast to last year when it was embroiled in a reserves reporting scandal that plunged into one of the worst periods in its long history. The scandal cost […]

Shell rakes in £1.5m per hour

Channel 4 News: Shell rakes in £1.5m per hour Thurs 27 October 2005 Last Modified: 27 Oct 2005 Source: ITN Oil giant Shell is making profits of around £1.5 million an hour, results have revealed. The company has nearly bettered its record 2004 haul in the space of just nine months. Surging oil prices helped […]

Shell’s Dutch workers threaten to strike over pensions

Forbes/AFX News Limited: Shell’s Dutch workers threaten to strike over pensions “Workers of the Royal Dutch Shell PLC in the Netherlands have threatened to strike over planned changes in the group’s pension scheme.”: “Industry followers are worried that the strike, should it proceed, will shut Shell’s major facilities, including the 416,000-barrel-per-day Pernis refinery, the Groningen […]

Shell’s Dutch pension talks reach impasse

Investment & Pensions Europe: Shell’s Dutch pension talks reach impasse “The main sticking point is the fact that Shell has changed the pension age from 60 to 65, while all employees will have to start paying part of the pension premiums.” Wednesday 26 October 2005 IPE.com 26/Oct/05: NETHERLANDS – The year long negotiations between Shell […]

Irish Independent: Rossport 5 must wait to learn fate

Irish Independent: Rossport 5 must wait to learn fate “The Mayo men have already served 94 days in jail for refusing to obey a High Court order not to interfere with construction of the Corrib gas pipeline.” Wednesday Oct 26, 2005 THE Rossport Five must wait another two weeks to see if the High Court […]

Shanghai Daily news: Efforts made to reduce pollution

Shanghai Daily news: Efforts made to reduce pollution “The city of Shanghai and Shell International Gas International Ltd will cooperate to develop clean energy and reduce air pollution by 2010 for the World Expo.” Wednesday 26 October 2005 www.chinaview.cn 2005-10-26 09:36:34 BEIJING, Oct. 26 — The city of Shanghai and Shell International Gas International Ltd […]

Irish Villagers Say Shell Pipeline Is Health Hazard, Risk Jail

Bloomberg: Irish Villagers Say Shell Pipeline Is Health Hazard, Risk Jail “Shell, which said in 2002 it expected to bring gas onshore within two years, now can’t say when it expects to begin tapping the field.” Tuesday 25 October 2005 Oct. 25 (Bloomberg) — Willie Corduff, a farmer from Rossport in western Ireland, spent 94 […]

Irish Times: Dempsey accused of Corrib ‘ploy’

Irish Times: Dempsey accused of Corrib ‘ploy’ “Three weeks after their release from jail, the men told a press conference in Castlebar, Co Mayo, yesterday that neither Noel Dempsey nor his officials had made any contact with them in relation to proposed mediation.”: “Shell is still seeking a permanent injunction against opposing landowners.” Tuesday October […]

Honesty, integrity, and respect for people are core values in Shell

From our October 2005 Shell News Archive The Way Ahead: Interview: Jeroen van der Veer: CEO, Royal Dutch Shell: “Honesty, integrity, and respect for people are core values in Shell.” Posted Monday 24 October 2005 Jeroen van der Veer is Chief Executive Officer (CEO) of Royal Dutch Shell, which operates in more than 140 countries […]

Shell to step up upstream investment in Middle East

Khaleej Times (United Arab Emirates): Shell to step up upstream investment in Middle East “Global oil giant Royal Dutch Shell said it would significantly boost investments in the Middle East’s upstream sector following the recent signing of landmark business agreements in Abu Dhabi, Qatar, Oman and Libya” 23 October 2005 BY ISAAC JOHN DUBAI — […]

Shell cost over-runs in Russia, Nigeria, Qatar, Canada and Kazakhstan

From our October 2005 Shell News Archive Times Online: Capital expenditure will be a key number in Shell’s results. Citigroup expects capex to rise by $5 billion to $20 billion a year because of cost over-runs at facilities in Russia, Nigeria, Qatar, Canada and Kazakhstan. Such spending will not help earnings.” Posted Saturday October 22, […]

Irish Times: Corrib gas project talks under threat

Irish Times: Corrib gas project talks under threat “The future of mediation talks over the 900 million Corrib gas project for north Mayo hung in the balance last night, as the five recently released opponents of the onshore pipeline expressed serious concern about the Government’s latest action.” Friday October 21, 2005 Lorna Siggins, Marine Correspondent […]

WIPO refuses to order transfer of domain names critical of Shell

Legalupload.co.uk: WIPO refuses to order transfer of domain names such as tellshell.org that were critical of Shell “The WIPO panel found that Shell clearly had rights in the Shell brand in 190 countries and the domain names were confusingly similar to Shell’s brand. However, Donovan had a legitimate interest in the names and had not […]

Irish Times: Judge rejects pipeline claim against Shell

Irish Times: Judge rejects pipeline claim against Shell “Yesterday, Mr Justice Finnegan rejected claims by the Rossport Five Campaign that Shell had breached an undertaking to the court that it would not carry out works on lands owned by three of the five and other parties which were linked to the pipeline development.” Thursday Oct […]

Olomoro community alleges dumping of toxic waste by Shell

From our October 2005 Shell News Archive Olomoro community alleges dumping of toxic waste by Shell “Olomoro Community in Delta State led by renowned Environmentalist, Dr George Idodo-Umeh, yesterday raised an alarm over the spread of strange diseases in the area due to the illegal dumping of toxic waste in the River Areba by the […]

Rossport Five ‘constrained’ by pending High Court case

Western People (Ireland): Rossport Five ‘constrained’ by pending High Court case Wednesday 19 October 2005 Mr Micheal Ó Seighin, one of the Rossport Five, made a brief appearance at the public consultation where Dr Mark Garavan, Spokesperson for Shell to Sea made a statement on behalf of the men. Dr Garavan explained that the statement […]

Shell’s Sakhalin-2 financing package seen delayed

Reuters: Shell’s Sakhalin-2 financing package seen delayed “LONDON: Royal Dutch Shell Plc looks set to miss a target to agree a $5bn financing package for its Sakhalin-2 gas project by the end of the year…” Wednesday 19 October 2005 LONDON: Royal Dutch Shell Plc looks set to miss a target to agree a $5bn financing […]

Shell considers third train at Sakhalin-2

UPI Energy Watch: Shell considers third train at Sakhalin-2 “A huge and diverse array of technical and environmental challenges have surrounded the project, including the need to reroute offshore pipelines to bypass feeding grounds for an endangered species of whale. In July, the Sakhalin Energy partners announced a massive revision to the project budget — […]

Ousted dictators

From our October 2005 Shell News Archive The Seoul Times: NOC of Libya, Shell Agree on Major Gas Deal “Shell’s Executive Director for Exploration and Production, Mr Malcolm Brinded, said: We are delighted to be back in Libya and honoured to work together with NOC…”: “I am excited about concluding this major agreement.” Tuesday, October […]

Ex-Shell employees suit within time frame

New Straits Times (Malaysia): ‘Ex-Shell employees’ suit within time frame’ “On Sept 20, 2004, the High Court in Miri ruled in favour of the ex-employees and said the retirement benefit under the Retirement Benefit Fund was ultra vires the Act. Sarawak Shell Berhad and Sabah Shell Petroleum Company Ltd filed an appeal.” Tuesday 18 October […]

Irish Times: Minister will consider deferral of order

Irish Times: Minister will consider deferral of order “The Mayo-based Shell to Sea campaign described the proposal yesterday as “incredible”. It has been calling on the company for weeks to follow the ministerial order and dismantle the illegally welded section – which was reported by The Irish Times last July.” Tuesday October 18, 2005 Lorna […]

Merer says Shell will make billions-dollar investment in Iran oil sector

Tehran Times (Iran): Merer says Shell will make billions-dollar investment in Iran oil sector “Chairman of the Shell companies in Iran, Yves Merer, said here Sunday the Anglo-Dutch oil giant would make an investment worth billions of dollars in the Islamic Republic’s industry.” Monday 17 October 2005 Tehran Times Economic Desk TEHRAN (MNA) – Chairman […]

Shell’s pipeline costs overflow to $22bn

From our October 2005 Shell news archive The Observer: Shell’s pipeline costs overflow to $22bn “The financial crisis has prompted Gazprom, the state-owned Russian energy giant, to delay rubber-stamping a deal that would see it take a 25 per cent stake in Sakhalin-2.”: “Shell is desperately trying to secure bank loans to help finance Sakhalin-2, […]

Shell vows commitment to Corrib gas field

RTE NEWS (IRELAND): Shell vows commitment to Corrib gas field It has also announced that work will begin next week on dismantling a section of the pipeline which was welded without the consent of the Department of the Environment. Posted Saturday 15 October 2005 Shell Ireland said today it remains fully committed to developing the […]

Shell ‘committed’ to solving Corrib issues

Irish Times: Shell ‘committed’ to solving Corrib issues Saturday Oct 15, 2005 Lorna Siggins, Marine Correspondent Shell E&P Ireland says it is “fully committed” to completing the 900 million Corrib gas project in Mayo and to finding a solution relating to all the issues raised by some local landowners on the onshore pipeline route. The […]

Shell Says It’s `Committed’ to Controversial Irish Gas Pipeline

BLOOMBERG: Shell Says It’s `Committed’ to Controversial Irish Gas Pipeline “Five Irishmen spent 94 days in jail for refusing to obey a court order not to interfere with the pipeline to an onshore processing plant. They and their supporters say it’s being built on “unstable bog land” close to homes, and that the proposed refinery […]

BP has greater ambitions for China than any oil major has ever dared to consider possible

Financial Times: BP has greater ambitions for China than any oil major has ever dared to consider possible “Shell and CNOOC are setting up a $4.3bn refinery and chemicals plant in southern China, which makes the Anglo-Dutch company one of the largest foreign investors in the country.” Friday 14 October 2005 By Enid Tsui in […]

Irish Times: Corrib hearing aims for ‘post hoc justification’

Irish Times: Corrib hearing aims for ‘post hoc justification’ “Minister for the Marine Noel Dempsey is trying to provide a “post hoc” justification for Government decisions on the Corrib gas project, according to the five Mayo men who spent 94 days in prison for their opposition to the onshore pipeline.”:”What is crucially important to understand […]

Irish Times: Controversy over Mayo pipeline

Irish Times: Controversy over Mayo pipeline “I should make it clear that during the course of their imprisonment, my concern was to make constructive proposals to the Government, Shell and the men themselves that might lead to their release.” Thursday Oct 13, 2005 Madam, – In a letter in your edition of October 11th, five […]

Shell to pay $10.75 million settlement for gas station violations

From our October 2005 Shell news archive San Diego Union Tribune: Shell to pay $10.75 million settlement for gas station violations “County and city officials announced Wednesday they had reached a $10.75 million settlement with Shell Oil Co. over environmental-health violations at its local gas stations dating back to 1999.” Wednesday 12 October 2005 By […]

Irish Times: Controversy over Mayo pipeline

Irish Times: Controversy over Mayo pipeline “…the whole saga, has created a dichotomy between the so-called Rossport Five (“good”) and Shell (“bad”) that could well result in there being no way through the impasse, and in thousands of people (the silent majority, perhaps?) being denied access to natural gas as a source of power” Tuesday […]

Geelong Advertiser (Australia): Panel to help Shell do `a better job’

Geelong Advertiser (Australia): Panel to help Shell do `a better job’ “SHELL Geelong will set up a new “expertise-based” community advisory panel, after acknowledging the refinery had failed to meet public expectations.” Tuesday, October 11, 2005 Geelong Advertiser SHELL Geelong will set up a new “expertise-based” community advisory panel, after acknowledging the refinery had failed […]

Responsibility for the disadvantaged lies with all of us

Financial Times: Responsibility for the disadvantaged lies with all of us “Mr McCredie described the increasing manifestations of insecurity that Shell and other oil companies face around the world. Threats include attacks on oil facilities, corrupt officials, industrial espionage, kidnapping, piracy and the potential for large-scale political instability.” 10 October 2005 By Gordon Thompson Published: […]

O’Malley concerned by Shell’s Sakhalin-2 project

Sunday Business Post (Ireland): O’Malley concerned by Shell’s Sakhalin-2 project “Pitted against Shell is an array of international non-government organisations (NGOs), battling on environmental and social issues on the bleak island nine time zones away from Moscow.”: “Does he think the board is likely to reject the Sakhalin-2 project? “I would hope so, if the […]

Royal Dutch Shell Reserves Scandal

The Independent: Jeremy Warner’s Outlook: As it struggles to find its raison d’être, should Cable & Wireless really be buying Energis? “A year ago, the FSA imposed a £17m fine on Shell in full and final settlement of the scandal of mis-stated reserves. To most people this would seem a much more heinous case of […]