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ROYAL DUTCH SHELL NEWS HEADLINES DECEMBER 2005

ROYAL DUTCH SHELL NEWS HEADLINES DECEMBER 2005

Toronto Star: Royal Dutch Shell eyes Canadian minority buyout: Offer could be worth $7 billion: Saturday 31 December 2005: READ
 
Business Times Malaysia: Joint venture field delivers first gas: “SHELL Malaysia and Petronas Carigali Sdn Bhd have achieved a major milestone with the delivery of first gas from their jointly-operated new Shallow Clastics satellite field.: December 31 2005: READ
 
Rediff (India): Shell suspends Hazira operations: Saturday 31 December 2005: READ
 
The Times: ‘The year has not panned out as well as it might at several of my little jobs’: “FEBRUARY: My old friend Philip Watts is still being blamed for some trifling errors at Shell. A few oilfields are misplaced and the stock market overreacts in its usual, tiresome way. It is only the fifth such warning, after all.” : “NOVEMBER: My good friend Philip Watts has been cleared of all wrongdoing by the Financial Services Authority, and one must rejoice. The outcome was predictable from the start. When has the FSA ever successfully taken on anyone so senior? Their job is to go after minor fraudsters and insider traders, not to interfere in the boardroom.”: Saturday December 31, 2005: READ
 
(IN OTHER WORDS SIR PHILIP WATTS IS A MAJOR FRAUDSTER)
 
The Times: Knighthood for oilman who took a gamble: “BILL GAMMELL, the Scottish entrepreneur who turned Cairn Energy into a FTSE 100 giant after a gamble on an Indian oilfield, is knighted in the New Year’s Honours List.”: “His decision to stick with an exploration prospect in northwestern India that had been discarded by Shell paid off with a string of oil discoveries.”: Saturday 31 December 2005: READ
 
THE WALL STREET JOURNAL: PAGE ONE: Jeroen van der Veer, chief executive of Royal Dutch Shell PLC, says natural gas now accounts for 40% of Shell’s hydrocarbon output and is rising. “In a decade, we will be close to being 50-50,” he says. “One day, the question will be whether we should be [called] an oil-and-gas company or a gas-and-oil company.”: Saturday 31 December 2005: READ
Financial Times: How Ukraine will fare without Russia’s gas: “Q Why is Russia threatening to turn off gas supplies to Ukraine?”: Saturday 31 December 2005: READ
 
The New York Times: Venezuela Reaches Deal With Spain’s Repsol: Posted Saturday 31 December 2005: READ

AFX Europe (Focus); Shell, CNOOC complete 4.3 bln usd China petrochem project: Posted 31 December 2005: READ

Business Wire: Shell Deer Park Considers $200 Million Expansion to Produce Additional Gasoline, an Industrialinfo.com News Alert: Posted 31 December 2005: READ

Globe and Mail (Canada): Shell gains on buyout speculation: Posted Saturday, 31 December 2005: READ

Daily Mail: Shell mulls a move on Texan giant: “ROYAL Dutch Shell is one of several companies mulling a bid for a Texas gas group that could cost $1bn ($600m) according to US reports.”: Friday 30 December 2005: READ
 
Financial Times: FSA fines grow in size but decline in numbers: “Royal Dutch Shell suffered the largest fine of 2004 – £17m – in the wake of scandal over its oil and gas reserves misstatement.”: “This year the regulator has faced questions, caused by the Royal Dutch Shell case, about its ability to pin the blame on high-profile individuals. The FSA said in November that it would not take any action against Sir Philip Watts, former chairman of the oil group, or any other executives, but that it stood by the fine imposed on the company itself.”: Friday 30 December 2005: READ
 
THE WALL STREET JOURNAL: Demand for natural gas ignites shares of Woodside Petroleum: “High oil prices mean that Shell has plenty of cash to do a deal. But a new Woodside takeover costing around A$30 billion is considered unlikely.”: Friday 30 December 2005: READ
 
THE WALL STREET JOURNAL: From Nikkei: Japan Oil Firms Getting Into Gas-to-Liquid Fuels: “Showa Shell has procured 2,000kl of the kerosene alternative from a Malaysian GTL plant of Royal Dutch/Shell Group.”: Friday 30 December 2005: READ
 
Daily Telegraph: City sandwich: “Royal Dutch Shell: Jorma Ollia, chairman and chief executive of Nokia, takes over from Aad Jacobs as chairman.”: Friday 30 December 2005: READ
 
TheEdgeDaily.com: Shell M’sia Petronas Carigali field delivers first gas: “Shell Malaysia and Petronas Carigali Sdn Bhd’s jointly operated new Shallow Clastics satellite field off Sarawak, has delivered the first gas ahead of schedule.”: “Shell Malaysia chairman Datuk Jon Chadwick said this milestone was an important contribution to delivering Shell Malaysia’s objective of more integrated gas.”:  Friday 30 December 2005: READ
Daily Telegraph: Petrol retailers call for shortages ‘tsar’: Friday 30 December 2005: READ
 
AFX Asia (Focus): Vandals set fire to oil pipeline in Nigeria: “The news comes barely a week after a pipeline belonging to the Anglo-Dutch oil giant Shell exploded near the southern oil city of Port Harcourt.”: Thursday December 29, 2005: READ
 
The Times: Surge in demand leaves fire-hit fuel stations running on empty: “A spokesman for Shell said: “There are some shortages at stations in south-east England and into the Midlands. It is connected to Buncefield.”: Thursday 29 December 2005: READ
 
The Times: Rumour of the day: “Northern Petroleum…”: Thursday 29 December 2005: READ
 
Lloyds List: A whale of a year for offshore energy: “In Nigeria, Shell finally got its Bonga FPSO project under way with first oil in late November from a technically challenging project.”: Dec 29, 2005: READ
 
The New York Times: Oil Rises Ahead of Supply Data, OPEC: “Crude supply concerns eased this week after Royal Dutch Shell said it had managed to restore most of its production in Nigeria after pipeline attacks a week ago.”: Posted Thursday 29 December 2005: READ
 
Lloyds List: Optimistic hopes tempered by politics and bureaucracy: “…Venezuela is still looking to unlock its energy reserves after PDVSA ended an agreement with Shell to develop a $2.7bn project in Mariscal Sucre.”: Thursday December 29, 2005: READ
 
AFX UK (Focus): Northern Petroleum unit to develop 3 more wells in Netherlands: “…NP Netherlands BV, is to exercise its exploration rights over three oil and gas wells in the Netherlands under an agreement it has with Nederlandse Aardolie Maatschappij BV (NAM). NAM is a company jointly owned by Royal Dutch Shell and ExxonMobil Corp.”: Thursday Dec 29, 2005: READ
 
Forbes/AFX News Limited: Shell still losing 15,000 barrels/day after Nigeria pipeline explosion: Posted Thursday 29 December 2005: READ
 
Lloyds List: Petronet prepares to tie up Gorgan deal: “The Australian company would arrange for the supply of LNG through a consortium, in which the stakeholders are Chevron, ExxonMobil and Shell.”: Wednesday December 28, 2005: READ
 
Kyodo News Service: (Kyodo) – Brazil’s state-run oil monopoly Petroleo Brasileiro S.A. (Petrobras) has taken a major step toward its strategic goal of achieving leadership in the energy sector in Latin America.”: “The oil corporation has signed three share purchase agreements for the acquisition of Shell’s businesses in Colombia, Paraguay and Uruguay.”: Wednesday Dec 28, 2005: READ
 
Financial Times: Giant orange gas flares mean lost opportunities for Nigeria: “The giant orange flares that burn across the delta region, where most of Nigeria’s oil is produced, cause respiratory diseases and premature deaths, and pollute croplands close to village homes in the delta’s vast network of swamps and creeks.”: “Citing funding problems, Shell has pushed back its flaring elimination date to 2009. But last month, a Nigerian judge ruled in favour of a local delta community that challenged the company’s right to flare gas nearby.”: “Meanwhile, Shell has challenged the judgment and continues to flare.”: Wed 28 Dec 2005: READ
 
Irish Times: Major escalation in opposition to gas pipeline threatened: “Shell to Sea campaigners claim that activists from all over Ireland will flock to their Solidarity Camp at Rossport, Co Mayo in early spring to help local people resist attempts by Shell E&P Ireland contractors to force the controversial pipeline through the area.”: Posted Wednesday 28 December 2005: READ
 
Irish Times: Shell rejects sections of review of Corrib safety as unlikely: “Shell E&P Ireland has rejected some of the findings of the Government’s safety review of the Corrib gas onshore pipeline…”: “…it takes issue with a number of points made by the consultants, including the possible emergence of the contaminant hydrogen sulphide (H2S) or “sour” gas in the Corrib system.”: “…which can have similar impacts on cellular respiration to carbon monoxide or hydrogen cyanide.”: “…the Erris Inshore Fishermen’s Association… says the study confirms its suspicion that Shell “cannot or will not implement the project in an open and transparent way”: Posted Wednesday 28 December 2005: READ
 
The Independent: Warmer US weather leads to fall in oil prices: “Oil prices were also undermined as Royal Dutch Shell said it had restored most of its production in Nigeria after attacks on two pipelines last week triggered a huge blaze and oil slick. Shell said it was losing only 15,000 barrels per day of output on Monday, down from 180,000 bpd earlier.”: READ
Published: Wednesday 28 December 2005
 
Daily Telegraph: Pumps run dry as blast takes its toll: “Shell was one of the worst hit yesterday, with some garages in the midlands and south-east running out.”:  READ
Wednesday 28 December 2005
 
News 24.com (South Africa): Shell cleans up crude oil spill: READ
Posted 28/12/2005
 
CNN NEWS: Oil company battles fires on Nigerian pipeline: READ
Posted Wednesday 28 December 2005
 
Financial Times: Oil falls as mild weather tempers US demand:
“Crude prices fell on Tuesday as mild weather continued to dominate in the US, while Shell announced it had secured much of the 180,000 barrels-a-day production lost following last week’s attack on a Nigerian pipeline.”: READ
Tuesday 27 December 2005:
 
THE NORWAY POST: Shell to increase activity on Norwegian Shelf: READ
Tuesday 27 December 2005:
Vanguard (Nigeria): NNPC, JV partners plot improved security in Niger Delta: READ
Tuesday 27 December 2005:
 
Houston Chronicle: Shell Says Brazil Oil Sites Are Viable: READ
27 December 2005:
 
BARRON’S ONLINE: Hot as Ever: READ
Monday 26 December 2005:
 
BARRON’S ONLINE: Bullish and Fully Fueled: READ
Monday 26 December 2005:
 
Reuters: Outage from Nigeria pipeline blast now at 35,000 bpd: “The outage had previously amounted to 180,000 bpd after unknown gunmen attacked two pipelines on Dec. 20, killing 11 people and setting off a huge blaze and oil slick.”: “Most of the delta’s estimated 20 million inhabitants live in extreme poverty alongside an industry that has generated billions of petrodollars for foreign oil firms and the faraway Nigerian government, seen as corrupt and oppressive.”: Monday 26 December 2005: READ
 
AME Info, United Arab Emirates: Shell applies technology to reduce environmental impact of oil industry: Monday 26 December 2005: READ
 
Borneo Bulletin: Search Op ongoing: “The operation is being carried out by Brunei Shell Company rescue teams, navy, police marine and the public…”: Monday 26 December 2005: READ
 
Daily Telegraph: Shell’s LPG auction fails to generate much heat: “Shell declined to comment that interest for the LPG business had been below the levels the firm was looking for.”: READ
Monday 26 December 2005
 
Mail & Guardian Online (Nigeria): Shell resumes limited operations in Nigeria: “Shell said on Saturday it has resumed limited operations in southern Nigeria after the explosion of a pipeline but warned it is still not in a position to honour its commitments to clients.”: READ
Christmas Day, 25 December 2005
 
BBC News: Contempt case for Shell over gas: “The oil multinational Shell is facing contempt of court proceedings in Nigeria over gas flaring.”: READ
Sat 24 Dec 2005
 
Reuters: Shell Nigeria reopens one of two attacked pipelines: READ
Sat Dec 24, 2005 2:56 PM GMT
Irish Times: An Taisce wants review of pipeline location “An Taisce has called on Minister for Marine Noel Dempsey to conduct a review of the proposed location for Shell’s onshore gas terminal in north Mayo in the light of a recent Government consultancy study of the controversial onshore pipeline.”: Saturday Dec 24, 2005: READ
 
THE WALL STREET JOURNAL/BARRON’S ONLINE: Looking to Angola for Deep Returns: “Given both the technical challenges of West African development (primarily deepwater) and the inherent geopolitical instability (ask any of Shell’s or Chevron’s employees in the Nigeria Delta region), is West Africa worth the risk?”: Posted Saturday 24 December 2005: READ
 
AP Worldstream: Next Iraqi government must tackle question of who controls Iraqi oil to draw investment: “…security fears could make it tough for the government to draw in companies such as BP PLC, Exxon Mobil Corp. and Royal Dutch Shell PLC…”: “The nation’s proven oil reserves, estimated at about 110 billion barrels, are the world’s third largest after Saudi Arabia and Canada.”: Saturday Dec 24, 2005: READ
 
Irish Times: The year my life changed: “The five Co Mayo men were jailed in June for contempt of court over their opposition to the construction by Shell of the underground Corrib gas pipeline.”: Saturday December 24, 2005: READ
 
The Times: BP doubles corporate ad budget in $150m bid for greener image: “While Shell and Chevron have been keen to promote their images in the UK, their advertising and sponsorship spend in the UK has been far less than that of BP, according to the research. This year, Shell spent an estimated £2.7 million…”: Saturday December 24, 2005: READ
 
Petroleum News: EnCana on full spin cycle: “And, in the thick of all this, rumors persist that it remains in the crosshairs of such global giants as Chevron and Royal Dutch Shell.”: Saturday 24 December 2005: READ
 
The Tide (Nigeria): Shell loses 540,000 barrels in three days: Posted Saturday 24 December 2005: READ
 
Petroleum News: California beckons for Enbridge: That deal came on the heels of BP acquiring sole ownership of the Olympic system by taking over the 40 percent holding of Royal Dutch Shell.: READ
 
PakTribune.com (Pakistan): Petroleum exploration licence for Offshore to Shell joint venture grants: Saturday December 24, 2005: READ
 
Petroleum News: Mackenzie hearings ready to hit the road: “The Mackenzie proponents — Imperial Oil, Shell Canada, ConocoPhillips Canada, ExxonMobil Canada and the Aboriginal Pipeline Group — will also come under intense scrutiny over the fiscal terms they are able to negotiate with the Canadian government.”: Sat 24 Dec 2005: Read
 
Petroleum News: LNG terminal gets FERC go-ahead: “Besides Woodside, the partners are subsidiaries of BHP Billiton, BP, Chevron and Shell, plus Japan Australia LNG (Mitsui and Mitsubishi).”: Saturday 24 December 2005: READ
 
Los Angeles Times: Shell project puts focus on oil shale: Friday, December 23, 2005: READ
 
The Scotsman: Shell seen clinching loan for Sakhalin: Friday 23 December 2005: READ
 
BBC Monitoring Service: Shell joint venture upbeat on Siberian oil field results: 23 December 2005: READ
 
People’s Daily Online (China): Shell forced to halt oil exports in Nigeria after attack: Friday 23 December 2005: READ
 
THIS DAY ONLINE (Nigeria): Shell: Federal Government Under-Funds Gas Flare-Out Projects: Friday 23 December 2005: READ
 
BLOOMBERG: Shell Sells Fuels Units to Petrobras and Chile’s Enap (Update2): Friday 23 December 2005: READ
 
PR Web.com: El Paso Settlement Payment Two Years Late, Shell-Chevron Cause Delay: Friday 23 December 2005: READ
 
Times Online: “Royal Dutch Shell, the Anglo-Dutch oil group, agreed to sell its service stations and other businesses in Uruguay, Paraguay and Colombia to Petrobras…”: December 23, 2005: READ
 
AFX Europe (Focus): Repsol YPF presents solo bid for Shell’s LPG ops valued at 2.5 bln eur – report: Friday Dec 23, 2005: READ
 
Financial Times: Replacing replacement: Posted 23 December 2005: READ
 
Forbes/AFX News Limited: Shell declares force majeure in Nigeria as pipeline fire continues: “The fire, which followed an explosion early this week, cut the Anglo-Dutch group’s production in Nigeria by 180,000 barrels per day.”: Thursday 22 December 2005: READ
 
The New York Times: Qatar Finds a Currency of Its Own: Natural Gas: “Andrew Brown, Shell’s country manager in Qatar, said that greater natural gas and oil production should result in overall daily energy production equivalent to about 5 million barrels of oil a day by early in the next decade, nearly half the daily oil output of Saudi Arabia.”: Thursday 22 December 2005: READ
 
THE WALL STREET JOURNAL: Qatar awards LNG contract: “The other will be managed by QatarGas IV, which is owned by Qatar and Royal Dutch Shell PLC. The QatarGas project so far has five such LNG trains.”: Thursday 22 December 2005: READ
 
The New York Times: Oil Prices Settle at $58.56 Per Barrel: Oil prices also were lifted by uncertainty about whether Royal Dutch Shell PLC will declare a force majeure on its light, sweet crude exports from Nigeria after attackers set off dynamite at a pipeline Tuesday. Nigeria is Africa’s largest oil exporter. ”We have to look at the extent of the damage and if it’s significant enough to affect the quantity that can be exported, then we will consider the options,” Shell spokesman Donald Boham said Wednesday.: Posted Thursday 22 December 2005: READ
 
The Guardian: BP sells Russian assets for $1bn: “There is controversy over drilling near Sakhalin, an island off Russia’s east coast, since Shell started developing an offshore field there close to where whales feed.”: Thursday 22 Dec 2005: READ
 
Daily Independent (Nigeria): Shell shuts Bonny flow station: “Three more bodies were on Wednesday recovered from the site of an exploded oil pipeline in Port Harcourt, bringing the number of casualties to 11 in the fire incident ravaging up to 21 villages. The pipeline belongs to Shell”: Thursday 22 December 2005: READ
 
Malaysia Star: Chip card payment at Shell stations in force next year: “SHELL Malaysia expects the rollout of credit card payment system using the chip card at its stations to be completed by next year, said chairman Datuk Jon Chadwick.”: “Asked if the company would be doing any exploration in the coming year, he said: “We’ve had a very successful year. Yes, we will be doing exploration next year. We need reserves.”: Thursday 22 December 2005: READ
 
Lloyds List: Shell gas project will need $3bn fleet of mammoth LNG carriers: “SHELL has unveiled a major liquefied natural gas project in Qatar which could require a $3bn fleet of the largest vessels ever built in this sector.”: Thursday December 22, 2005: READ
 
The New York Times: Shell Signs Gas Field Development Deal: Posted Thursday 22 December 2005: READ
 
Reuters: Shell Nigeria pipeline still blazing, output down: “Oil workers in boats and a helicopter circled a huge pipeline blaze in remote southern Nigeria on Wednesday, surveying the damage caused by a suspected dynamite attack that killed at least eight people.”: “The fire is still blazing. It’s as high as a 10-storey building. There is thick black smoke billowing,” a Reuters witness said.”: 21 Dec 2005: READ
 
AP Worldstream: Crude prices flat ahead of key market data from U.S.: “Overnight, crude prices were slightly buoyed after news that unknown assailants had blown up a Royal Dutch Shell pipeline in Nigeria on Tuesday, killing at least eight people and knocking 170,000 barrels of crude offline.”: Wednesday December 21, 2005: READ
 
Daily Telegraph: Wanted: western top guns to tame the Russian oil frontier: “Since Vladimir Putin seems keen to recruit well-connected Westerners such as Gerhard Schroder and Donald Evans to run his oil companies, here are some suggestions: Top of the list is Sir Philip Watts. This former Shell chairman could doubtless boost the size of Russian reserves…”: Wednesday 21 December 2005: READ
 
Financial Times: CNPC, ONGC link in Syria: “The 38 per cent stake in the Royal Dutch Shell-controlled Al Furat Production Company was sold by Petro-Canada, one of Canada’s largest energy groups, for C$676m (US$576m)…”: Wednesday 21 December 2005: READ
 
THE WALL STREET JOURNAL: India, China Win On Venture’s Bid For Syria Oil Stake: “…about half of Syria’s total oil output, are operated by Syria’s state-owned Syria Petroleum Co., with Royal Dutch Shell PLC also holding interests.”: Wednesday 21 December 2005: READ
 
San Jose Mercury News: Shell refinery still dealing with cleanup: “The Shell Martinez Refinery continues to grapple with the fallout from a November oil leak that sprayed hundreds of cars and homes, with cleanup costs likely to run into the millions and investigations by several other agencies under way.”: “More than 2,300 cars and 400 homes have been cleaned, said Steve Lesher, Shell’s public affairs manager.”: Wednesday 21 December 2005: READ
 
The Scotsman: Oil giants review North Sea investment: “Oil & gas industry workers union Amicus has already written to energy minister Malcolm Wicks to request action against Shell…”: Wednesday 21 December 2005: READ
 
The Independent: Oil giants accused over Alaskan gas: “The soaring price of oil this summer provoked outrage among consumers and led to hearings on Capitol Hill over whether energy companies including Exxon, BP and Shell were profiteering.”: Wednesday 21 December 2005: READ
 
The Guardian: Climate of fear: “Shell was taken to the courts for continuing gas-flaring on the Niger delta.”: Wednesday December 21, 2005: READ
Kommersant: Western banks join environmental protection campaigns: “Shell failed to fulfill even its own environmental standards…”: Wednesday 21 December 2005: READ
 
The New York Times: Oil Pipeline Blast in Nigeria Kills Eight: Posted Wednesday 21 December 2005: READ
 
ShareCast.com: Shell closes Nigerian oilfields: “Royal Dutch Shell has closed two oilfields in Nigeria following an attack by gunmen on an oil pipeline it operates, it said today.”: Tuesday 20 December 2005: READ
Forbes/AFX News Limited: Blast at Royal Dutch Shell oil pipeline in Nigeria kills 8 – report: “The blast occurred after an attack on the pipeline by an unidentified group of armed men in Port Harcourt, in the Niger river delta, the report said. Royal Dutch Shell has shut down production at two oil fields, the news agency said. Tuesday 20 December 2005: READ
 
Daily Telegraph: With oil prices and output fuelling the share price, BG Group is worth exploring: “…given the company’s relatively small size, the shares are often boosted by the possibility of a takeover by the likes of BP or Shell.”: Tuesday 20 December 2005: READ
 
Reuters: Shell Canada adds to Alberta, B.C. land position: “Shell Canada Ltd paid more than C$185 million ($158 million) for acreage at recent government land sales to bolster its natural gas drilling and oil sands prospects, the company said on Monday.”: Posted Tuesday 20 December 2005: READ
 
Friends of the Earth: Court Orders Companies to Stop Gas Flaring in Nigeria : Posted 20 December 2005: READ
 
Denver Post: Oil shale may be fool’s gold: “… if it turns out that Shell needs more energy to produce a barrel of oil than a barrel contains, bets are off. That’s the equivalent of burning the furniture to keep the house warm”: Tuesday 20 December 2005: READ
 
Ireland On-Line: Pipeline protesters seek alternative presents: “They are some of items needed by the Rossport Solidarity Camp which last summer saw protesters from around the world gather to support locals in the fight against the oil giant’s construction of the pipeline.”: “Supporters can buy a greetings card that depicts the pipeline on eBay, after campaigners put the illegally installed section of pipe up for internet auction.”: Tuesday 20 December 2005: READ
San Antonio Express: Still in recovery: Gulf oil production off 28%, and gas off 20% as huge repair job continues: “Shell expects production from the platform to resume in the second half of next year, according to a release on its Web site.”: Tuesday 20 December 2005: READ
Daily Telegraph: Only thing changing at Unilever is its shares: Unilever to keep dual structure: “Oh dear. Rather like Royal Dutch Shell 18 months ago, Unilever’s self-satisfied management team just do not get it.”: Tuesday 20 December 2005: READ
 
The Times: Compare like with like and BG offers investors good value: “Takeover speculation, much discussed but scantly evidenced, partly explains the BG share-price premium.”: Tuesday 20 December 2005: READ
 
The Times: Unilever to keep dual listings: “Unilever, the consumer goods giant, will not follow the example set by Royal Dutch Shell, its Anglo-Dutch cousin, after it said that it would keep its dual listings.”: “Mr Burgmans chaired the review team, which included Jeroen van der Veer, the Shell chief executive, who is on Unilever’s board.”: Tuesday 20 December 2005: READ
Reuters: Shell strikes oil again in Brunei’s Seria field: “Search for deepwater oil has been halted since 2003 after a territorial dispute with Malaysia.”: Posted 20 December 2005: READ
 
This Day Online (Nigeria): Shell Faces Contempt Charge on Gas Flaring: “So soon after its fraud over Nigerian reserves, it’s astonishing that Shell has not complied with this court order preventing it from continuing gross violations of human rights. Its behaviour seriously undermines respect for the rule of law that its operations depend on,”: Posted Monday 19 December 2005: READ
 
Forbes/AFX News Limited: Shell says will continue to invest heavily in North Sea despite tax hike: Monday 19 December 2005: READ
 
THE WALL STREET JOURNAL/BARRON’S ONLINE: Conoco Scorned Could Be a Steal: “It’s possible Conoco itself could attract interest from one of the globe’s super-major oil companies, including BP, Royal Dutch Shell or Total. Conoco’s market value is $81 billion, but BP and Royal Dutch are valued at over $200 billion. “The cheapest energy assets in the world are located in Houston [Conoco's home base],” Marcin says. “Investment bankers around the globe all realize that.”: Monday 19 December 2005: READ
 
The Scotsman: Shell seeks more gas from deepwater Egypt area: “Royal Dutch Shell said on Sunday it had found up to 1 trillion cubic feet (tcf) of gas so far in a deepwater concession in Egypt, but a rig shortage had delayed further exploration drilling to mid-2006.”: Posted Monday 19 December 2005: READ
The Sunday Times: Hopes of Western Isles bonanza as Shell starts searching for oil: “IT IS one of Britain’s most depressed and hostile environments, but the Western Isles could be on the brink of an economic boom after one of the world’s biggest energy firms signalled plans to begin test drilling for oil off the coast of Lewis.”: December 18, 2005: READ
 
The Sunday Times: Skill shortages hit quest for extra energy supplies: “Drilling rigs are in short supply, as are trained oilfield workers. This is why fully one-quarter of the $4 billion increase in Shell’s outlays will go to cover the higher prices of the labour and supplies it needs to punch holes in the deserts and ocean beds that contain the new reserves it so badly needs.”: Sunday December 18, 2005: READ
 
The Business Online: Shell blames Brown for its new North Sea cuts: “Shell has interests in about 50 oil and gas platforms in the North Sea and owns 21 outright. It has not ruled out more cuts.”: Sunday December 18, 2005: READ
 
The Scotsman: Shell ‘should be forced to give up drilling rights’: “ENERGY minister Malcolm Wicks is facing demands to force Shell to give up North Sea acreage, following revelations that the oil giant will slash its UK drilling programme on the back of the Chancellor’s latest tax raid on oil company profits. “: Sunday 18 December 2005: READ
 
Times of Oman: Shell celebrates completion of social investment projects: “During the event, Shell also launched its gift to the nation to mark the Sultanate’s 35th National Day, pledging $10 million for the establishment of a new fund to support the development of small and medium-sized enterprises (SMEs) in Oman.”: Sunday 18 December 2005: READ
 
Hindu Business Line (India): Coal gasification projects — ONGC may rope in Shell as joint venture partner: “ONGC sources told Business Line on Saturday that the company was trying to get Shell as a joint venture partner to prevent the possibilities of use of the coveted Shell technology by any other company in India.”: Posted Sunday 18 December 2005: READ
 
BBC NEWS: Shell cuts North Sea exploration: Oil giant Shell has cut its plans for North Sea exploration, blaming Chancellor Gordon Brown’s tax hikes for the move. Posted Sunday 18 December 05: READ
The Scotsman: Shell in North Sea cuts after tax hike: “ENERGY giant Shell has slashed investment in its future North Sea drilling programmes by a third – less than two weeks after Chancellor Gordon Brown levied his controversial tax hike on fuel production.”: Saturday 17 December 2005: READ
 
Gulf Times: Shell will settle rest of buyout: The proposed buyout price of 52.21 euros a share, which Royal Dutch Petroleum shareholders approved at an extraordinary shareholders meeting in The Hague yesterday, is still subject to arbitration by the Court of Appeals in Amsterdam sometime next year, Shell said in a statement.”: “The court is expected to rule on the case later in 2006.”: Published: Saturday, 17 December, 2005, 09:18 AM Doha Time: READ
 
THE WALL STREET JOURNAL: The Week in Review: “Big Oil Goes Hunting”: “Possible bidders include Royal Dutch Shell, Total and industry leader Exxon Mobil.”: Saturday 17 December 2005: READ
 
Business News Americas: Shell faces US$590,000 fine for pipeline leak – Chile: “The SEC based its decision to enforce the fine on the discovery that the pipeline was not properly maintained or inspected, and also lacked proper protection against external corrosion, the paper reported.”: Posted Saturday 17 2005: READ
 
NewRatings: BG Early Trinidad Start Contrasts With Shell: “BG’s (BRG) early start in new Trinidad plant contrasts with project delays faced by Royal Dutch Shell (RDSB.LN), says Numis.”: Posted Saturday 17 December 2005: READ
 
Business News Americas: Shell eyes Orinoco belt crude upgrader, natgas E&P licenses – Venezuela: “Anglo-Dutch oil major Shell is discussing with the Venezuelan government the possibility of developing a project to upgrade extra-heavy crude from the Orinoco oil belt, Shell Venezuela president Sean Rooney told BNamericas.”: Posted Saturday 17 December 2005: READ
 
Oil & Gas Journal: Sakhalin II Phase 2 clears EDRB hurdle: “EDRB’s fit-for-purpose declaration allows the start of a 120-day period of public disclosure of and consultation on the project’s environmental, social, health, and safety issues and mitigation documentation.”: Posted Saturday 17 December 2005: READ
 
The New York Times: India Blocks ONGC in Nigeria, Clears Brazil Effort: “Exxon’s partners in BC-10 are Royal Dutch Shell and Brazilian state company Petrobras. Block operator Shell aimed to declare it commercially viable this year.”: Posted Sat 17 Dec 2005: READ
 
Friends of the Earth: Shell accused of contempt of court over continued illegal gas flaring: “The ruling recognizes that gas flaring is a serious human rights violation”; Friday December 16, 2005: READ
 
Green Consumer Guide: Rare whales face oil project threat: “It is a scandal that UK taxpayers’ money is being earmarked for a scheme that will lead to a massive increase in climate changing gases and which could push the Western Gray Whale into extinction. The EBRD should completely review its funding policies. Public money should be spent on projects that will protect the environment – not ones that destroy it.”: Friday 16 December 2005: READ
 
World Wildlife Fund: Too little too late for Shell’s Sakhalin project: Posted Friday 16 December 2005: READ
 
Daily Telegraph: Face of the day: “Van der Veer, the chief executive of Royal Dutch Petroleum, faces an egm in Amsterdam today where he hopes to clinch the £130billion merger of Royal Dutch Petroleum with Shell Transport and Trading.”: Friday 16 December 2005: READ
Business News Americas: Shell to maintain Urdaneta production at 50kb/d under new JV – Venezuela: “Shell sees a smooth transition from its status as operator to one of minority partner…”: Friday December 16, 2005: READ
 
New Zealand Herald: Court dismisses Todd challenge over Pohokura: “Todd and Shell are currently joint operators of the field through a 50:50 venture, Shell Todd Oil Services (STOS) — a partnership dating back to 1955.”: Posted Friday 16 December 2005: READ
 
Financial Times: Oil majors to accept Venezuela’s new terms: “Rafael Ramirez, Venezuela’s energy minister, said in an interview with the FT that companies, including the Anglo-Dutch Royal Dutch Shell, BP of the UK, France’s Total, and ExxonMobil and Chevron of the US, had agreed to give Pdvsa, Venezuela’s state-owned oil company, majority ownership of their concessions and sign new contracts that will subject them to higher taxes.”: Posted Friday 16 December 2005: READ
 
ShellNews.net: Shell insider view on Sakhalin II loan news from the European Bank for Reconstruction and Development: “In spite of Shell’s attempts to spin this announcement, this does not mean that the project has been given a clean bill of health.”: Thursday 15 December 2005: 12.15 EST: READ
 
Accountancy Age: Shell loses UK investor court battle: “Royal Dutch Shell could be landed with as much as a £500m payout to minority shareholders, after a court ruled that it offered to buy back shares at too low a price.”: 15 Dec 2005: READ
 
Daily Telegraph: Shell’s merger offer ruled unfair: “Shell’s attempt to squeeze out minority holders in Royal Dutch Petroleum (RDP) will cost the oil and gas giant as much as €675m (£458m), after it lost a court case brought by a British hedge fund in the Netherlands.”: “On Tuesday, a judge ruled Shell’s offer was too low, throwing the terms of the deal into turmoil.”: “This is David versus King Kong. It’s a great result for minority share-holders.”: “This decision puts the issues of those who accepted Shell’s offer firmly back on the table. We are going back to the lawyers on behalf of the investors and we have been in contact with Shell.”: Thursday 15 December 2005: READ
 
The Moscow Times: EBRD to Consult Public on Sakhalin: “The European Bank for Reconstruction and Development will put off its decision on whether to support the $20 billion Russian natural gas venture led by Royal Dutch Shell for another four months, the bank’s chairman said Wednesday. “We are going to launch public consultation … this process will take 120 days,”: “Today the EBRD has risked putting its reputation beyond repair by pronouncing that Sakhalin II is fit for purpose even though key aspects of the project are beyond repair. …120 days of consultations will make little difference to the huge fundamental violations that Shell has committed already.”: Thursday 15 December 2005: READ
 
The Guardian: Shell gas and hot air: This project appears to have unstoppable momentum, despite the bank’s president, Jean Lemierre, insisting yesterday that the 120-day consultation process is robust and genuine.”: “…Shell is frantic to bump up its reserves, having “lost” 25% last year.:”: “Oil companies might become extinct when the oil and gas runs out mid-century, but Western Pacific whales could be gone a lot sooner.”: Thursday 15 December 2005: READ
 
AFX Europe (Focus): EBRD to consult public over investment in Sakhalin energy project: “The EBRD, headquartered in London, said that consultations would focus on the environmental, social, health and safety aspects of the Sakhalin II project…”: Thursday December 15, 2005: READ
 
Financial Times: EBRD clears way for Shell’s Sakhalin-2: “Jean Lemierre, EBRD president, stressed that the bank had not made a decision to finance the project. However, environment lobby groups were incensed about the move, accusing the bank of “caving in to Shell pressure”: Thursday 15 December 2005: READ
 
Financial Times: BANK PRESIDENT COUNTS COST OF REMARKS IN CONFERENCE CALL: “Jean Lemierre, president of the EBRD, yesterday stoked controversy over the cost of Sakhalin-2…”: “On a conference call to journalists, Mr Lemierre said: “The total cost of the project is estimated, not by me but by the company, to be more than $20bn [£11.3bn] – $20bn to $22bn, according to the figures given by the consortium.”: Thursday 15 December 2005: READ
 
Financial Times: Back to basics: “Of course, Shell has particular problems of its own after the scandal over its inflated oil reserves and it is under heavy pressure to replenish and expand its proved reserves.”: Thursday 15 December 2005: READ
 
ShellNews.net: Email from former Shell Malaysia employee group: Thursday 15 Dec 2005: 00.05am: READ
 
The Times: Oil rivals team up to bid for Syria stake: “Oil and Natural Gas Corporation (ONGC) is teaming up with China National Petroleum Corporation (CNPC) to buy PetroCanada’s 38 per cent interest in Al Furat, which is controlled by Royal Dutch Shell and the state-owned Syrian Petroleum Company.”: Thursday 15 December 2005: READ
 
The New York Times: Senate Democrats Again Want Oil Execs: ” Investigated: “The lawmakers accused the heads of Exxon Mobil Corp., BP Plc’s U.S. unit, ConocoPhillips, Chevron Corp and Shell Oil of lying during a Senate hearing in November when they said their companies did not participate in the energy task force headed by Vice President Dick Cheney.”: Posted Thursday 15 December 2005: READ

Business Wire: Black & Veatch and Shell Puget Sound Refinery Win Prestigious 2005 Best Project Award for Sulfur Recovery Unit Expansion: “The project doubled the refinery’s capacity to remove sulfur and supports a process that results in sulfur being used in the creation of fertilizer and sulfuric acid rather than being released in the atmosphere.”: Posted Wednesday 15 December 2005: READ

Virgin.net: Oil project ‘threatens Gray Whales’: “The European Bank for Reconstruction and Development (EBRD) has announced that the environmental impact assessment for Shell’s mammoth oil and gas project at Sakhalin Island in the Russian Far East has been approved.”: Posted Thursday 15 December 2005: READ
 
Forbes/AFX News Limited: Shell says Sakhalin project wins favourable review from EBRD: “In a statement, Shell said EBRD found the project’s approach to environmental and social issues management ‘fit for purpose’ following a three-year assessment.”: Wednesday 14 December 2005: READ
 
The Kansas City Star: Shell Oil official clarifies remarks to Senate panel: “Boxer said Hofmeister’s letter left her “more convinced” that there was a conscious effort on Shell’s part to purposely reduce the supply of gasoline and increase gasoline prices in California. “Enough is enough,” Boxer wrote. “We need to get at the truth, and the only way to do that is to bring the oil company executives before the committee under oath.” Shell said in a statement that it would evaluate any request to call Hofmeister back to testify under oath.”: Wed 14 December 2005: READ
 
THE WALL STREET JOURNAL: BREAKING VIEWS: Shell is sprinting to stand still.: Wednesday 14 December 2005: READ
 
THE WALL STREET JOURNAL: Shell to Raise Spending, Due Partly to Inflation: “The Bonga deepwater oil project off Nigeria, which started producing last month and is 55%-owned by Shell, has seen costs spiral in less than two years to nearly $4 billion from an initial $2.9 billion estimate.”: Wednesday 14 December 2005: READ
 
The Independent: Shell ups the ante on capital spending: “There is a big black cloud hanging over Shell’s headquarters on London’s South Bank and it does not come from the Bunceford oil depot.”: Wednesday 14 December 2005: READ
 
The Independent: ‘Elephant’ hunting to cost Shell $19bn next year: “The company is only now recovering from the reserves reporting scandal last year which devastated its reputation, forced the resignation of its three top executives and sparked regulatory investigations on both sides of the Atlantic. It has also been hit recently by huge cost increases on high-profile projects such as the Sakhalin-2 gas field off Russia’s east coast, where costs have doubled to $20bn; and the Bonga field off the coast of Nigeria, which could cost more than $5bn.”: Wednesday 14 December 2005: READ
 
Daily Telegraph: Shell pledges $19bn capital investment to boost reserves: “Peter Hitchens, analyst at Teather & Greenwood, said the statement contained “nothing to suggest the group will be able to increase its growth prospects”.: Wednesday 14 December 2005: READ
 
The Times: Shell lifts spending by $4bn as its infrastructure ages: “ROYAL DUTCH SHELL has been forced to raise its spending by $4 billion (£2.25 billion) next year to cope with soaring oil industry inflation, cost overruns on difficult projects and a legacy of ageing infrastructure.”: December 14, 2005: READ
 
ShellNews.net: The “GREAT CORRIB GAS CONTROVERSY” may turn into a full blown scandal: “The CPI report contained findings on health, safety and environmental implications damaging to Shell’s case and with potentially equally damning political implications for the Irish coalition government.”: Wednesday 14 December 2005: 04.22am EST: READ
 
The Guardian: Protests increase over Shell pipeline: “Earlier this year the EBRD, which has been asked to provide public money, deemed the scheme “unfit for purpose” because safeguards had not been put in place covering various issues. But a board meeting today will decide whether to finally ditch the project or proceed with a 120-day consultation of local people before making a final decision. “: Wednesday 14 December 2005: READ
 
World Wildlife Fund: Shell oil platform in Russia’s Far East driving whales towards extinction: “Earlier this year, Shell ignored the findings of an independent panel of distinguished scientists that recommended against constructing a platform near the whale’s feeding area.”: Wednesday 14 December 2005: READ
 
REUTERS: Environmentalists say Shell hits whale feeding: “Shell has failed to meet even its own environmental standards on its projects,”: “We urge the bank to decline financing until Shell properly faces up to its responsibilities,” Wed 14 Dec 2005: READ
 
DeHavilland Information Services: Shell platform disrupting rare whale habitat: “The WWF is now seeking to exert pressure on the EBRD over the environmental impact of its loan. Mr Steele said: “We urge the bank to decline financing until Shell properly faces up to its responsibilities.”: 14/12/2005: READ
 
Financial Times: Shell cites costs as it increases spending to $19bn: “The revised budget reflects a number of cost overruns at Shell’s largest projects. Its Bonga field in Nigeria cost about $1bn more than expected to develop, while the cost of the Sakhalin-2 project has doubled to $20bn.”: Wednesday 14 December 2005: READ
 
Lloyds List: Shell attempts to reorganise its reserves as year of massive investment looms: Oil major announces strategy to cope with rising costs after troubles of recent years, writes Tony Gray: Wednesday December 14, 2005: READ
 
The New York Times: Shell to Boost Capital Investment in 2006: “Rabo Securities analyst Richard Brakenhoff called the increase ”spectacular,” though he noted some of it is due to rising costs at the Sakhalin project.”: Posted Wednesday 14 Dec 2005: READ
 
Asia Pulse: SHELL TO BUILD JOINT FILLING STATIONS IN CHINA’S CHONGQING”: This is part of Shell’s ambitious plan of bringing the number of its filling stations to 1,000 in China in next five years.”: Posted 14 December 2005: READ
 
Financial Times: Chinese link with Indians to bid for oil field stake: “They said the deal for the holding in the company, which is majority-owned by Royal Dutch Shell, could be signed this week.”: Wednesday 14 December 2005: READ
 
Asia Pulse: MITSUBISHI HEAVY SETS SIGHTS ON MIDEAST OIL EXPLORATION: “Forming a technological tie-up with Royal Dutch/Shell Group in boosting the efficiency of aging oil fields in the Middle East will open the way for Japan’s Mitsubishi Heavy Industries Ltd to make a foray into the oil exploration business.”: “Royal Dutch/Shell will soon begin research on the application of the technology to its oil fields in such Persian Gulf nations as Qatar and Saudi Arabia.”: Wednesday December 14, 2005: READ
 
Irish Independent: McDowell and CPI: “The Centre for Public Inquiry has produced two excellent reports on Trim Castle and the Shell gas pipe in Rossport.”: “When is Bertie Ahern going to pluck up his courage and sack Michael McDowell? Wednesday December 14, 2005: READ
 
REUTERS: Shell, hedge fund reach deal in merger court case: “Trafalgar Catalyst Fund and Trafalgar Volatility Fund agreed to withdraw their claims, in return for Shell agreeing that an independent adviser would review the cash prices it had decided to pay minority shareholders owning the remaining 1.5 percent of Royal Dutch.”: Tuesday December 13, 2005 9:23 AM ET: READ
 
Financial Times: Shell plans Sakhalin expansion: Posted Tuesday 13 December 2005: READ
 
BLOOMBERG: Shell, Mitsubishi Heavy to Study Raising Crude Oil Production: Tuesday 13 December 2005: READ
 
REUTERS: UPDATE 1-Shell ups 2006 capex plan to $19 bln as costs soar: Royal Dutch Shell Plc will have to invest $4 billion more than previously planned in the coming year, as costs soar and the firm tries to turn around its industry-lagging record on finding oil. Tuesday 13 December 2005, 3:03am EST: READ
 
BLOOMBERG: Shell’s Spending on Drilling, Equipment to Rise to $19 Billion: “Rising prices for labor and raw materials such as steel have sent costs soaring at projects including Shell’s Sakhalin-2 venture. Its Bonga offshore oil field in Nigeria started late and over budget.”: “Surging prices caused costs for Shell’s Sakhalin joint venture, which includes a liquefied natural gas export terminal, to balloon to about $20 billion from an original budget of $10 billion, Shell has said. The overruns have prompted Russian state- run gas company OAO Gazprom, which plans to buy a stake in the venture by swapping other assets with Shell, to reevaluate the terms of the transaction.”: Tuesday 13 December 2005: READ
 
The Guardian: ConocoPhillips in talks to buy Burlington for $30bn The possibility of a new wave of massive mergers by cash-rich oil groups was signalled yesterday…”: “Today Shell will show its intention to spend more of its cash mountain when it unveils plans to increase its annual capital expenditure from $15bn to $20bn.”: “Shell’s Sakhalin gas project in eastern Siberia has run wildly over-budget, as did its Bonga field in Nigeria, which has just begun operating, one year late…” Tuesday 13 December 2005: READ
 
THE WALL STREET JOURNAL: Conoco Purchase May Start Spree Of Energy Deals: “As for buyers, European energy giants Royal Dutch Shell PLC, Total SA and BG Group PLC all could be hankering for an extra serving of North American gas this holiday season, say energy-industry observers.”: “…though Shell executives have all but ruled out a $10 billion or larger acquisition, saying it would be hard to find an attractive big target at today’s valuations.”: Tuesday 13 December 2005: READ
 
Daily Telegraph: Conoco in $30bn merger talks: “Energy companies are turning to deals because exploration possibilities are becoming increasingly limited.”: “Shell has been reported to be running the slide rule over EnCana, the largest producer of natural gas in the US and Canada.”: Tuesday 13 December 2005: READ
 
The Guardian: Oil industry defends its safety record: “Workers have been evacuated from a series of platforms such as Marathon’s Brae field one and Shell’s Cormorant and Dunlin platforms after gas leaks over the last 18 months.”: Tuesday 13 December 2005: READ
 
AFX Europe (Focus): Total, Shell plan 200 mln eur wind power station off French coast – report Posted 13 December, 2005: READ
 
The New York Times: Nigerians Try to ID Kin Killed in Crash: “The other survivors have burns over as much as 40 percent of their bodies and are being treated in a clinic run by the Shell oil company.”: Posted Tuesday 13 December 2005: READ
 
Houston Chronicle: Breaux to Shell Employees: Time for Industry Unity: “Shell’s commitment to return to its New Orleans offices early next year is a significant step in support of the city’s recovery. I applaud Shell for its commitment to come home.”: Posted Tuesday 13 December 2005: READ
REUTERS: Hedge fund challenges Royal Dutch Shell in court: “The merger was aimed at restoring confidence in Shell after a damaging reserve-overbooking scandal last year which was partly blamed on the group’s complicated dual management and ownership.”: “Dutch corporate law experts said if the court ruled in favour of Trafalgar, Shell might be forced to abandon the planned internal merger and go for a Dutch statutory squeeze out to obtain the remaining minority shares in Royal Dutch.”: Mon Dec 12, 2005: READ
 
Accountancy Age: Shell in court over improper behaviour claims: “Royal Dutch Shell’s plans to complete its corporate restructuring have been thrown into jeopardy…”: Monday 12 December 2005: READ
 
Daily Telegraph: Tough merger ahead for Shell: “Shell is facing a court battle tomorrow in the Netherlands before completing the controversial merger of Shell Transport & Trading with Royal Dutch Petroleum.”: “Yesterday Shell confirmed that Trafalgar, a leading London-based hedge fund, is trying to scupper the merger, which should be approved at an extraordinary meeting this week.”: Monday 12 December 2005: READ
 
The New York Times: ConocoPhillips May Buy Rival for $31 Billion: “The acquisition would give ConocoPhillips, the nation’s third-largest oil company, control of important natural-gas exploration areas in the United States…”: “Other major oil companies, including ExxonMobil and Royal Dutch Shell, have been moving aggressively in recent months to increase their own natural-gas production in this country.”: Monday 12 December 2005: READ

THE WALL STREET JOURNAL: Conoco Nears $30 Billion Deal For Gas Producer: “In recent months, Exxon Mobil, BP PLC and Royal Dutch Shell PLC have increased their exploration for natural gas in North America — and particularly the continental U.S.”: Monday 12 December 2005: READ

The New York Times: Iran Approves Its President’s 4th Pick for Oil Post: “Iran has been at odds with Royal Dutch Shell over the offshore Soroush and Nowruz oil fields, which Shell developed with JJI of Japan and the Oil Industries Engineering Company of Iran and has since handed back to Iran. When technical problems forced the fields’ temporary closure earlier this year, Iran blamed Shell. It said some work was of poor quality and subcontractors were not properly supervised.”: Monday 12 December 2005: READ
 
THE WALL STREET JOURNAL: China, India Team Up In Bid for Syrian Oil: “China and India are putting aside their differences to secure energy resources and are going after an oil field together.”: “Al Furat Petroleum is a joint venture between Petro-Canada, Royal Dutch Shell’s Syrian subsidiary and the state-owned Syrian Petroleum Co.”: Monday 12 December 2005: READ
 
MehrNews.com (Iran): Shell pays Iran $130m compensation for its delays: “The Shell Oil Company has so far paid Iran 130 million dollars as compensation for its delays and repair costs in Sorush and Noruz oil fields.”: “The oil official had earlier said that, the company’s recurrent delays during the project implementation had in addition to reducing its 15 percent capital return share, tarnished its reputation.”: Monday 12 December 2005: READ
 
Financial Times: UK warns on panic buying after oil blast: Posted Monday 12 December 2005: READ
 
AFX Asia (Focus): Malaysia’s Dialog expects more contracts in oil, gas construction – report: “The newspaper cited the company’s chairman and managing director, Ngau Boon Keat, as saying he expects Shell, ExxonMobil and Petroliam Nasional Bhd to step up construction of petrochemical plants and refineries in the near term to capitalize on rising oil prices.”: Monday December 12, 2005: READ
 
The Sunday Times – Business: Trafalgar battles in court for Shell’s minority shareholders: “A LEADING London-based hedge fund is planning to scupper Royal Dutch Shell’s plans to complete its corporate restructuring this week.”: “Trafalgar claims Shell has behaved improperly in its conduct of the merger…”: “Trafalgar claims Shell acted “in violation of the system of law … with the aim or consequence of squeezing out all minority shareholders”.: Sunday December 11, 2005: READ
 
BLOOMBERG: Shell Lacks Oil Sources, Merrill Says, Telegraaf Reports: “Royal Dutch Shell Plc isn’t succeeding in finding enough new sources of oil, according to Robin Batchelor, a fund manager at Merrill Lynch & Co., De Telegraaf newspaper reported.”: “Batchelor, who heads the $3.7 billion World Energy Fund, sold all of his shares in Shell last year after the company overstated its oil reserves, the newspaper said.”: “Batchelor said he isn’t planning on buying Shell stock “anytime soon,” the paper reported.”: Posted Sunday 11 December 2005: READ
 
Gulf Times (Qatar): China may drill field that Shell rejected: “Shell and Chevron each have a 45% stake in a $4.5bn project to tap natural gas from 3,000 meters below sea level in the same field off the Philippine island of Palawan.”: Published: Sunday, 11 December, 2005: READ
 
The Asian Age India: As Shell picks China, India Inc. stands united: “Dr Albert Bressand, vice-president, global business environment, Royal Dutch Shell plc, was in Mumbai on Friday, delivering Shell’s “Global Scenarios to 2025”: Sunday 11 December 2005: READ
 
Expressindia.com (India): India moving closer to China: “Moreover, India’s growth rate is close to that of China despite having a high disparity in savings. These were some of the comparisons tossed up at a panel discussion at the Global Scenario 2025 organised here by Shell on Friday.”: Posted Sunday 11 December 2005: READ
 
The Guardian: Major fuel depot supplied two airports: “The depot itself first came into use in 1968 but for the last 15 years has been run as a joint venture by oil giants Total and Texaco. It is also used by the other leading petrol firms BP and Shell.”: Sunday December 11, 2005: READ
 
ShellNews.net: ALMOST 2 YRS AFTER THE RESERVES FRAUD, SHELL’S REPUTATION IS STILL RANKED IN THE CORPORATE GUTTER ALONGSIDE ENRON: “Sir Philip must qualify as the worlds greatest conman having pulled off a multi-billion dollar scam while retaining an $18 million dollar payoff/pension pot”: (revised Sat 10 Dec 05): READ
 
Petroleum News: Platts: Big oil dominates global energy: “Royal Dutch/Shell, which ranked first in last year’s survey, “has had a tough time of it since,” Platts said, explaining that “a huge reserves overbooking scandal, the firing of very senior officers, regulatory authority investigations in three countries, criminal proceedings, and substantial fines combined to spur a previously unthinkable radical organizational shake-up.”: Saturday 10 December 2005: READ
Financial Times: Sibir shares hit record high: “Sibir said the cash would help fund the development of its main Siberian oil field, Salym, which is operated by Shell.”: Saturday 10 December 2005: READ
 
THE WALL STREET JOURNAL: China and India Team Up To Try to Buy Stake in Oil Field: “It is unclear whether the joint China-India bid for a stake in the Syrian oil company will succeed. Al Furat Petroleum Co. is a joint venture between Petro-Canada Royal Dutch Shell’s Syrian subsidiary and the state-owned Syrian Petroleum Company.”: Posted Saturday 10 December 2005: READ
 
BBC Monitoring Service: Nigeria, US sign security deal in oil rich region: “Shell, Chevron and Total are the companies that suffered the production losses following the forced closure of their facilities in the region”.: Saturday December 10, 2005: READ
 
Petroleum News: Timor-Australia cut deal on Sunrise gas: “Chevron has 50 percent of Gorgon, while Shell and ExxonMobil own a quarter each. Shell has said its share of the production will go to Sempra’s Baja California terminal.”: Saturday 10 Dec 2005: READ
 
Petroleum News: Cash flow bolsters Canadian cap-ex: “One-fifth of Shell Canada’s capital budget, C$465 million, will be spent on the first-stage expansion of the Athabasca oil sands facility, operated 60 percent by Shell, with 20 percent held by both Chevron Canada and Western Oil Sands.”: Saturday 10 December 2005: READ
 
The New York Times: New Surveys Show That Big Business Has a P.R. Problem: “This is a challenging time for big corporations,” said John D. Hofmeister, who runs the United States operations of Shell Oil Company. The modern feeling, he said, is “big is bad.”: “But why the rampant distrust?”: Friday 9 December 2005: READ
 
Irish Times: Sides in gas dispute differ in their views of findings: “Shell E&P Ireland has described as “detailed and thorough” the new safety review of the Corrib gas onshore pipeline, while the Shell To Sea campaign has said consultants failed to address the central issue of the high-pressure pipeline’s proximity to people’s homes.”: Friday December 09, 2005: READ
Irish Independent: New report expresses concern over safety of pipeline: “A GOVERNMENT-backed report has raised serious concerns about the safety of the controversial Corrib gasline.”: Friday December 09, 2005: READ
 
Irish Times: Minister praises pipeline review as thorough: “The Minister said the Shell to Sea campaign’s contention that the report did not address the issue of proximity of the high-pressure pipe to homes was a “nonsense”…”: Friday Dec 09, 2005: READ
 
Asia Pulse: CHEVRON AUSTRALIA SELLS REMAINING SHARE OF GORGON GAS: “Shell has also sold its share of the gas, signing a $US10 billion ($A13.40 billion) deal to market its gas through its Baja California terminal, currently under construction.”: Friday December 09, 2005: READ
 
The New York Times: Strangers in the Dazzling Night: A Mix of Oil and Misery: ” The World Bank is helping build a gas pipeline that will connect Nigeria to several of its coastal neighbors, creating a wider market in a power-hungry region. But the effort is behind schedule. Shell, Nigeria’s biggest oil producer, has said it will not meet the 2008 deadline.”: Friday 9 December 2005: READ
 
The New York Times: Tougher Year Lies Ahead for OPEC: “…some major projects… have experienced delays this year – among them… a 225,000-barrel-a-day project managed by Royal Dutch Shell in Nigeria’s offshore region that started production last month.”: Friday 9 December 2005: READ
 
Financial Times: Soaring revenues push Middle Eastern producers to invest in energy sectors: “International oil companies, such as Anglo-Dutch Royal Dutch Shell and Total of France, will remain restricted to the less profitable areas of refining and marketing and natural gas, especially while high oil prices mean Saudi Arabia has little need of their deep pockets, analysts say.”: Friday 9 December 2005: READ
 
The Daily Sentinel (Colorado): Shell’s dirty legacy leaves enviros leery: “There were a lot of practices back then that were commonly used, including those at the arsenal, that were not environmentally sound,” said Mike Gaughan, spokesman for Shell Oil Company. “We know that today … We know we created problems out there, but we’re taking care of them.”: Posted Friday 9 December 2005: READ
 
Ireland On-Line: Experts want gas pressure reduced on Corrib pipeline: “Consultants assessing the risks of the controversial Corrib gas project in Mayo have called for pressure in the onshore section of the pipe to be restricted, it emerged today.”: Posted 9 December 2005: READ
 
The Independent: Half Gone: Oil, Gas, Hot Air And The Global Energy Crisis, by Jeremy Leggett: A chilling reminder of the energy catastrophe that we are facing: “This book by Jeremy Leggett, a former geologist for Shell, chronicles how and why we have become so desperately dependent on “dirty” energy…”: “Leggett switched sides in 1989 to become Greenpeace chief scientist, and is now CEO of Solarcentury”: Posted Friday 9 December 2005: READ
 
Lloyds List: Woodside’s shares rocket as firm agrees north Asia LNG supply deal: Tim Warren, chairman of the Shell Companies in Australia, said the project still hinged on resolving regulatory and fiscal issues but remained a priority amid strong demand for liquefied natural gas.”: Friday December 09, 2005: READ
 
AllAfrica.com: Shell Fenceline Communities: Shell CEO Must Deliver On His Promises: “Shell will be expected to deliver on its promises, particularly in projects under development where crucial construction decisions will be made, such as those in County Mayo, Ireland and Sakhalin Island. “Shell talks about its philosophies, but philosophy doesn’t fix pipelines and it doesn’t cure pollution-related illness”: Posted Friday 9 December 2005: READ
 
The Times: Shell’s sale faith: “Royal Dutch Shell expressed confidence in the €2.5 billion (£1.7 billion) sales process for its liquefied petroleum gas (LPG) unit, despite an exodus of bidders…”: Thursday December 08, 2005: READ
 
Malaysia Star: Shell Aussie unit boosts exploration: “Royal Dutch Shell Plc’s Australian unit is boosting exploration as it seeks more large gas finds that may yield new liquefied natural gas projects, said chairman Tim Warren.”: Thursday 8 December 2005: READ
 
RIGZONE: Shell Australia: China LNG Demand Slips on High Prices: “China has been caught by surprise by rising liquefied natural gas prices, Royal Dutch Shell PLC.’s Australian division chairman said Wednesday.”: Posted Thursday 8 December 2005: READ
 
Lloyds List: Broadwater Project the facts: TransCanada and Shell are sponsors of the Broadwater Project, which visualises a floating liquefied natural gas terminal in Long Island Sound.”: Thursday December 08, 2005: READ
Lloyds List: Save the Sound worried about ‘USS Cole-type incident’ at site: “The website also declares its opposition to Broadwater in terms of the ‘non-US’ LNG supplies that would come in via ships, and declares that ‘reliance on foreign energy sources is not a better idea than developing a regional comprehensive energy plan’.: Thursday Dec 08, 2005: READ
 
Lloyds List: New York LNG project faces uphill task to win hearts and minds: A third of Long Island homes and half of those in New York City are heated with natural gas. But opposition is building in the region to a liquefied natural gas project that could fulfil a quarter of its supply. Rajesh Joshi delves into ‘not in my backyard’: “HILARY Rodham Clinton, the Democratic Senator for New York and a touted presidential hopeful, declared in August that ‘she has already learned enough to determine that Broadwater doesn’t make sense for Long Island’.”: Thursday December 08, 2005: READ
 
Lloyds List: Opportunity knocks as Chinese energy demand soars: An LNG deal has shown how the wider insurance market can contribute to improved risk management in China, writes Thomas Cheung: “The contract to transport the gas was awarded to a joint venture company whose shareholders include China Ocean Shipping, Shell, China Merchant Group and the China National Offshore Oil Corp.”: Thursday December 08, 2005: READ
 
The Australian: Shell goes solo in NW Shelf sales pitch: Thursday 8 December 2005: READ
 
Shell Canada Press Release: Shell announces $250,000 for new Fort McMurray recreational facility: Wednesday December 7, 2005: READ
 
Western People: Shell to Sea re-affirms absolute commitment to protecting environment: “In a statement issued last week, the group said that pickets maintained by local concerned citizens at Shell’s Bellanaboy site have been directed to ensuring that Shell did not engage in any construction work which would facilitate the imposing of the highly dangerous production pipeline through Rossport.”: Wednesday 7 December 2005: READ
The Mayo News (Ireland): The Interview – Maura Harrington: In the eye of a storm: One of the strongest and most doggedly unrelenting voices in the Shell campaign has been Maura Harrington’s: Wednesday 7 December 2005: READ
 
Western People: Shell’s opponents say they have been vindicated: “Opponents of Shell’s proposed onshore Corrib gas pipeline say a report by the World Wildlife Fund has vindicated their stance.”: Wednesday, December 07, 2005: READ
 
Financial Times: Chancellor’s tax rise on oil profits has instant impact on groups: “The big integrated companies, such as Royal Dutch Shell and BP, which rely on the North Sea for less of their revenue stream, will see earnings per share fall between 1 per cent and 3 per cent next year, Deutsche Bank analysts estimated.”: Wednesday 7 December 2005: READ
Reuters: Shell says heartened by Australia, E.Timor gas deal: “An agreement between Australia and East Timor on sharing revenues from the Greater Sunrise gas field was encouraging for the project’s development, Royal Dutch/Shell’s Australian chairman said on Wednesday.”: “Shell’s Australian unit posted a 28 percent decline in annual profit before interest and tax to A$587 million ($440 million) in calendar 2004…”: Wednesday December 7 2005: READ
 
CNW Group Press Release: Shell Global Solutions: Shell Global Solutions Strengthens Presence in North America: Posted Wednesday 7 December 2005: READ
 
Lloyds List: Tax rises will hit investment, oil bosses warn chancellor: “The UK’s largest companies, BP and Shell, plus a host of listed oil firms including BG Group and Venture Production, will be hit hardest by the tax rises from next year.”: Wednesday December 07, 2005: READ
 
Financial Express (India): Investment in energy must be secured, says Shell report: Wednesday, December 07, 2005: READ
 
Royal Gazette (Bermuda): Shell may sell local operations: “Shell is in exploratory talks with potential partners or buyers of the oil giant’s marketing and distribution operations in Bermuda.”: “At this stage some decisions have already been taken, for example Shell is remaining in Chile, Argentina, Brazil and Central America and divesting its fuels businesses in Venezuela, Peru and some of the Caribbean Islands.”: Posted Wednesday 7 December 2005: READ
 
THE EAST AFRICAN: Kenol takes over Shell operations in Rwanda market: “Kenyan oil company, Kenol, has acquired Shell’s operations in Rwanda in a deal estimated to have cost Ksh850 million ($11.3 million).“: Posted Wednesday 7 December 2005: READ
 
Gulf Times: Shell sees drop in Oman production for a 5th year: Posted 7 December 2005: READ
 
THE WALL STREET JOURNAL: Corporate Reputation Survey: “Companies with the best and worst reputations”
PUBLIC PERCEPTIONS: Royal Dutch Shell – No 54 out of 60
SINCERITY OF CORPORATE COMMUNICATIONS: Lowest Percentage of Positive Ratings for Sincerity: Royal Dutch Shell – Grouped with Tyco, Halliburton, Enron etc
CORPORATE WEB SITE RECALL: Under “Lowest Recall”: Royal Dutch Shell grouped with MCl-WorldCom, Enron etc
Tuesday 6 December 2005: READ
 
THE WALL STREET JOURNAL: Word-of-Mouth Is Cheap, But Valuable, Survey Finds: “Word-of-mouth had similar impact on companies with the lowest reputations in the ranking. It accounted for about a third of the future purchase decision in the case of Royal Dutch Shell…: Posted 6 December 2005: READ
 
THE WALL STREET JOURNAL: Ranking Corporate Reputations: Bottom 10 (Worst Reputations): At 54. Royal Dutch Shell: 55: Tyco International: 57: Halliburton: 60: Enron: Tuesday 6 December 2005: READ
 
THE WALL STREET JOURNAL: North Sea oil producers face tax increase in U.K.: Many major oil companies, including BP PLC and Royal Dutch Shell PLC, may have some insulation from the effect of the tax increase, since their overall production is spread out over many regions in the world.”: Tuesday 6 December 2005: READ
 
THE WALL STREET JOURNAL ONLINE: Corporate Social Concerns: Are They Good Citizenship, Or a Rip-Off for Investors?: “It is time to smash the myth that fossil-fuel extraction benefits local populations. MNCs, like Shell, Chevron, Exxon have been operating in resource rich (oil, timber, minerals) countries for decades, yet large scale extraction projects are strongly linked to higher poverty rates and increasing national debt that robs key resources better used for education, health care, and building local economies. Even the World Bank’s Extractive Industry Review recommended no more funding for fossil-fuel projects because it runs directly counter to the goals of poverty alleviation. Look at Ecuador, look at Nigeria, look at the Congo.”: Tuesday 6 December 2005: READ
 
ShellNews.net: “Geriatric” Jacobs: A Shell insider comments on an FT article about Aad Jacobs, the Chairman of Royal Dutch Shell plc.: “I find it incredible that big companies hang on to these geriatrics.”: “…the salmon was getting cold so he could not spend more time on this minor issue of bad reserves reporting. He had done what a chairman of the supervisory board had to do and continued with his lunch.”: December: READ
 
New Europe (Greece): Shell interested in Kyoto protocol projects in Russia: Tuesday 6 December 2005: READ
 
MehrNews.com (Iran): Shell, Repsol to develop SP phases 13, 13A: “Akbar Torkan, the managing director of Pars Oil and Gas Company said on Tuesday that Iran signed the contract with the Royal Dutch Shell Company and Italian Repsol on developing the downstream section of phases 13 and 13A of the South Pars (SP) gas field.”: Tuesday 6 December 2005: READ
 
Western People (Ireland): Shell hopes to gain access to Corrib site today: Tuesday 6 December 2005: READ
The Mayo News Online (Ireland): Shell to Sea re-affirms absolute commitment to protecting environment: “The breakdown in communication and confidence which has resulted has added to local anxieties regarding Shell’s activities,” the statement read.”: Tuesday 6 December 2005: READ
Lloyds List: Early oil flows from Russia’s largest upstream projects in Sakhalin: Ian Craig, chief executive of Sakhalin Energy Investment, explained why the budget increased to $20bn.: Tuesday December 06, 2005: READ
 
Irish Times: Opponents say gas report altered: “Micheal O Seighin, one of the five Rossport residents imprisoned for three months due to their opposition to the high pressure pipeline, told The Irish Times that the terms of reference for the Advantica study were too narrow and he expected that it would give the project a clean bill of health, with perhaps minor modifications.”: Tuesday December 06, 2005: READ
 
Daily Telegraph: Not much point in detail if you can shift boundaries: “With petrol prices still 20p a litre above the price two years ago, the oil companies are the easiest hit. Still, a doubling in the tax on North Sea oil production is a £6.5 billion raid over three years and a swingeing blow only three years after the last grab in 2002. Brown is banking on no one shedding a tear for a sector where the two biggest companies, Shell and BP, made almost as much in just three months.”: Tuesday 6 December 2005: READ
 
Asia Pulse: WOODSIDE SAYS NORTH ASIAN CUSTOMERS KEEN ON W. AUSTRALIAN GAS: “Woodside also announced today that Tim Warren would retire as the Shell nominated director on its board, to be replaced by Russell Caplan. Mr Caplan is currently a senior vice president on Shell’s global downstream leadership team based in London. Shell holds a 34.27 per cent stake in Woodside.”: Tuesday December 06, 2005: READ
 
Financial Times: Brown in raid on oil industry: “Gordon Brown on Monday imposed a £3bn-a-year tax increase on oil company profits from North Sea oil fields…”: Tuesday 6 December 2005: READ
 
Daily Telegraph: Ofgem turns up heat on suppliers: “Ofgem has effectively cleared BP, Shell and other North Sea operators of profiteering by witholding gas supplies.”: Tuesday 6 December 2005: READ
 
Lloyds List: World Bank agrees loan to help Gabon manage its oil: Country struggling to make the most of its natural resources set to receive $15m boost, writes Bruce McMichael: “Of the oil majors, Shell and Total have the greatest presence in the country, with Shell operating the largest field at Rabi-Kounga.”: Tuesday December 06, 2005: READ
 
Lloyds List: Oil majors look to generic FPSO vessels for deepwater fields: “ExxonMobil, Shell and Brazilian state oil firm Petrobras are thought to be in the hunt for generic-designed production ships and are likely to award multi-ship contracts early next year.”: Tuesday December 06, 2005: READ
 
Oil & Gas Journal: Shell aims to expand activity in Malaysia: “Shell Malaysia’s Chairman, Datuk Jon Chadwick, says the company is looking for more upstream E&P, reported the Malaysia Star.” Posted Tuesday 6 December 2005: READ
 
THE WALL STREET JOURNAL: Angola Possesses A Prize as Exxon, Rivals Stalk Oil: Monday 5 December 2005: READ
 
THE WALL STREET JOURNAL: Osaka Gas Nears Deal to Buy Chevron Venture’s Natural Gas: MONDAY 5 DECEMBER 2005: READ
 
AFX Europe (Focus): Shell Malaysia expects active investment in exploration/production – report: “Shell Malaysia is seeking more exploration and production (E&P) projects as well as profitable downstream opportunities, the Star newspaper reported, quoting the company’s chairman Jon Chadwick.”: Monday December 2005: READ
 
New York Times: With Oil Prices Off Their Peak, Are Supplies Assured?: “John Hofmeister, head of the Shell Oil Company in the United States, said in an interview, “This high price cycle is artificially inflated.”: Monday 5 December 2005: READ
 
Financial Times: Investor confrontation ‘shocks’ VNU chief: “Aad Jacobs, the 69-year-old VNU chairman whose illustrious career spans posts at Royal Dutch Shell and ING, was reportedly “shocked” to be confronted by investors barely half his age calling the shots over company strategy, recalls one Dutch chief executive: “It is not how he is used to being treated.”: Monday 5 December 2005: READ
 
Financial Times: Oil industry braced for new tax in pre-Budget report: “The likelihood of Mr Brown taking such action intensified in the autumn after Shell reported a 68 per cent increase in third-quarter profits and BP a 27 per cent rise on the back of surging oil prices. Together, the companies reported third-quarter returns of close to £6bn.”: Monday 5 December 2005: READ
 
ShellNews.net: An Open Letter to Jean Lemierre, President, European Bank for Reconstruction and Development, regarding Shell’s Sakhalin II loan application: “Perhaps if more time had been spent on project management rather than ego and status driven pursuits and personal enrichment by Shell senior management, Shell would not be in the almost perpetual state of crisis which its stakeholders have witnessed in recent years.”: Sunday 4 December 2005: 00.15am EST READ
 
Financial Mail on Sunday: “…RIDING ROUGHSHOD OVER SMALL INVESTORS”: “The issue first came to prominence this year when Shell merged its Dutch and British arms, leaving thousands of individuals with capital gains tax bills often as high as a third of the value of their shares. Shell was persuaded to rethink, but not before 3,000 had sold out and handed much of their windfall to the Exchequer. Such thoughtlessness is…”: 4 December 2005: READ
 
The Sunday Business Post (Ireland): Unsuccessful Shell bidder demands re-run of bid process: “Mandraki wants Shell to either re-run the bid process, or to pay it €1.5 million for wasted bid costs, as well as a ‘further significant sum’ in compensation. It said it would take legal action if Shell did not agree to re-run the process or pay the compensation.”: Sunday 04 December 2005: READ
 
The Times: Need to Know: “Royal Dutch Shell and BP have signed agreements with Venezuela that govern the transition from existing operating deals to new joint ventures with the state-owned Petróleos de Venezuela.”: Saturday 3 December 2005: READ
 
THE WALL STREET JOURNAL: Australia, East Timor reach gas agreement: “The future of the Sunrise gas project remains dependent on several factors, including the fiscal regime under which it would operate, the cost and location of any development, and the successful marketing of the resource,” Woodside said.: Posted Saturday 3 December 2005: READ
 
Oil & Gas Journal: Shell to explore deep targets in Ukraine: “Ukraine’s national oil company Naftogaz Ukrainy and Shell Exploration & Production Co. signed a cooperation agreement covering deep exploration in the Dniepr-Donets basin.”: Posted Saturday 3 December 2005: READ
 
The Bakersfield Californian: Shell Oil of Bakersfield, Calif., Faces $16,500 in Fines: “When reached Thursday afternoon, Shell spokesman Stan Mays said he was unaware of the violation or fine.”: Saturday 3 December 2005: READ
CBS5 (San Francisco): MARTINEZ REACHES SETTLEMENT IN 1997 OIL SPILL LAWSUIT: “Representatives for Texaco and Shell were not immediately available for comment”: Posted Saturday 3 December 2005: READ
 
Dow Jones Newswires: Sakhalin Shows Environment Grps’ Influence Up In Russia: “With his staff leaving en masse to work for a Royal Dutch Shell PLC led oil and gas project, the head of Sakhalin’s environmental regulator, Serguei Kotelnikov, hardly seems to pose a threat to the world’s third-largest listed company by market value.”: Posted Saturday 3 December 2005: READ
 
Environmental Data Interactive, UK: Bank urged to reject Shell plan for Sakhalin (2 December 2005): “The management of the EBRD, which met this week, is thought to have postponed any decision on the project until the end of the year, with the board and staff of the bank reportedly divided on the matter.”: WWF say the project “makes a mockery” of the Equator Principles. “: Friday 2 December 2005: READ
 
Daily Telegraph: Big tax bill looms for BPB investors: “The news comes after thousands of British holders in Royal Dutch Petroleum were left with a similarly large tax bill after Shell restructured into one company this summer.”: “Angela Knight, Apcims’ chief executive, said: “The private investor is continually on the wrong side of these deals.”: Friday 2 December 2005: READ
 
Daily Telegraph: What BPB shareholders should do to earn respect: “You couldn’t make it up. For months concerns have been raised here about British shareholders in Royal Dutch Petroleum being saddled with a multi-million pound tax bill because of Shell’s corporate restructuring. Now another company is at it.”: Friday 2 December 2005: READ
 
Forbes/AFX News Limited: Shell, BP deepen links with Venezuela’s PDVSA: “In mid-August, the authorities briefly shut down Shell’s offices for 48 hours as tensions over the law mounted.”: “Under the accords signed yesterday, relating to the 2001 law, PDVSA will now have a controling stake of at least 51 pct in any ventures between the state-owned group and Shell and BP.”: Friday 2 December 2005: READ
 
Financial Times: Canberra settles E Timor oil row: “…companies involved in the project include Royal Dutch Shell and Japan’s Osaka Gas.”: Friday 2 December 2005: READ
 
The Times: Need to Know: “Royal Dutch Shell, the Anglo-Dutch oil giant, is to spend $100 million (£58 million) as part of an exploration joint venture in Ukraine with Naftogaz Ukrainy, the state-run group.”: Friday 2 December 2005: READ
 
Financial Times: Probe urged into oil meetings: “The top ranking Democrat in the US Senate yesterday called for an investigation into whether senior oil executives lied in testimony before Congress about meetings they held with Dick Cheney, vice-president, to discuss energy policy.”: Friday 2 December 2005: READ
 
The New York Times: Senate Democrats Demand Investigation of Oil Execs: “I find it deeply disturbing that energy company CEOs may have made false statements before Congress about their involvement in the secretive Cheney energy task force,” Reid said in a statement.”: “Shell Oil Co. President John Hofmeister said in a written response the company did not participate in the task force. ”However, Shell representatives did meet with the administration — including the Vice President and his staff — on a broad range of energy policy issues,” the executive said.”: Posted Friday 2 December 2005: READ
 
India Inforline News: Shell brings Scenarios to India: “The new Global Scenarios to 2025 bring clarity and simplicity on matters of high complexity” he added, quoting Shell CEO, Jeroen van der Veer.”: Posted Friday 2 December 2005: READ
 
Lloyds List: Audit demanded on Sakhalin costs: Rising expense of Shell project alarms Russian authorities, writes Martyn Wingrove: RUSSIAN authorities worried about delays to tax revenues have ordered an audit on the rising costs of Shell’s Sakhalin II project.”: ‘The Russian President Vladimir Putin is quite opposed to plans on the part of the Sakhalin II operator to make a substantial increase in the costs of the project.”: Friday Dec 02, 2005: READ
 
International Herald Tribune: Shell’s Sakhalin oil project should be reined in: “It also shows that Shell has clearly chosen profits over its own proclaimed principles…”: THURSDAY, DECEMBER 1, 2005: READ
 
BLOOMBERG: BP to Expand at Russian Sakhalin to Revive Oil Growth (Update2): “Sakhalin island has an estimated 45 billion barrels of oil and gas reserves, according to Ian Craig, chief executive at Sakhalin Energy Investment Co., operator of the Shell-led Sakhalin-2 project.”: Posted Friday 2 December 2005: READ
 
Kenya Broadcasting Corporation: KENOL acquires Shell Rwanda: “Kenya Oil Company (KENOL) will assume control of Shell Rwanda following the signing of an agreement to acquire 100% stake in the company.”: Friday 2 December 2005: READ
 
Forbes/AFX News Limited: Shell, Naftogaz sign gas exploration pact in Ukraine: “This marks Shell’s first upstream business in Ukraine.”: Thursday 1 December 2005: READ
 
Seattle Post-Intelligencer: BP, Shell to form joint ventures with co.: BP PLC and Royal Dutch Shell PLC have agreed to form joint ventures with Venezuela’s state oil company, replacing old contracts under which they pumped crude independently, Venezuela’s oil minister said Thursday.: December 1, 2005: READ
The New York Times: Oil Executives Deny Misleading Congress: “John Hofmeister, chairman of Shell Oil Co., said Shell representatives did not meet with the task force but added, ”Shell representatives did meet with the administration — including the vice president and his staff — on a broad range of energy policy issues.”: Posted Thursday 1 Dec 05: READ
 
Dow Jones Newswires: Russia Concerned By Shell Sakhalin Cost-Local Official -3 Close: “The Russian government is seriously concerned by rising costs at the Sakhalin 2 energy project, managed by Royal Dutch Shell PLC…”: “The project is facing estimated costs of $20 billion, double the original $10 billion projection. The Russian government has a say in any budget revision as part of the production-sharing agreement it signed with the project’s partners.”: Posted Thursday 1 December 2005: READ
 
The Times: Need to Know: “Royal Dutch Shell, the Anglo-Dutch oil giant, said that it did not expect the Russian Government to decide before June next year whether to allow the partners in the giant Sakhalin-2 gas and oil project to reclaim an extra $10 billion (£5.8 billion) in costs from project revenues.”: Thursday 1 December 2005: READ
 
Financial Times: Shell puts in a dismal performance after downgrade on European oils: Thursday 1 December 2005: READ
 
Lloyds List: Sakhalin II seeks six ships to cover exports: “The Shell-led consortium needs two more LNG carriers to transport the hydrocarbon product from its $20bn Sakhalin project to US regasification facilities from 2008.”: Thursday Dec 01, 2005: READ
 
Western People: Shell dismisses pipeline report: “The Managing Director of Shell E & P, Mr Andy Pyle has dismissed the report launched last week on the Corrib project by the Centre for Public Inquiry as “speculative and emotive and based on a limited amount of technical information”.: Posted Thursday 1 December 2005: READ
 
Forbes/AFX News Limited: Royal Dutch Shell sells Cameroon downstream ops to Chevron for undisclosed sum: Posted 1 December 2005: READ 

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