January 21, 2007 It was always questionable whether the EBRD was going to fund the Sakhalin II project. The environmental groups launched a systematic and persistent campaign against the project but as long as the Russian Government gave the project its blessings, the chances of the loan looked brighter. Oleg Mitvol and Rosprirodnadzor virtually killed [...]
Posts on ‘January 20th, 2007’
GulfNews (UAE): Bid for Shell Canada leaves investors cold
Published: 21/01/2007 12:00 AM (UAE) Reuters Calgary: A 15-20 per cent boost to Royal Dutch Shell’s C$7.7 billion ($6.6 billion) bid for the minority shares of Shell Canada may still be not enough to win support from investors, one institutional shareholder said on Friday. Royal Dutch has been working behind the scenes to sell investors [...]
The Observer: Why our love for M&S will make other stores green
Simon Caulkin Sunday January 21, 2007 Marks & Spencers return from the corporate valley of the shadow of death – even ultra-cautious chief executive Stuart Rose has said the ‘r’ word, conceding that the company has moved from the emergency to the recovery ward – is cheering and instructive in several ways. First, the story [...]
The Observer: The challenges facing BP
Richard Wachman Sunday January 21, 2007 Lord Browne is leaving BP 18 months earlier than planned, handing over to internal candidate Tony Hayward, in August. Analysts say his successor will have a demanding task: boosting capital spending to ensure that safety standards are tightened across the group’s global operations. In a recent address to BP [...]
National Post (Canada): Hiked Shell bid may not be enough
Bissett wants $50 a share Reuters, with files from Financial Post Saturday, January 20, 2007 CALGARY – A boost of 15% to 20% to Royal Dutch Shell PLC’s $7.7-billion bid for the minority shares of Shell Canada Ltd. may still be not enough to win support from investors, several institutional shareholders said. Reports yesterday [...]
Shell to investigate fraud, contract corruption, bribery, money-laundering and organised crime inside the Shell Group
By Alfred Donovan Shell International is currently seeking applicants for two Investigation Case Managers. Each will be in control of a team of up to six individuals who will tackle 100 plus investigations every year inside the Royal Dutch Shell Group. The fact that up to a dozen investigators are needed indicates the considerable volume [...]
Irish Independent: Protesters injured in clash with gardai
Published: Jan 20, 2007 SOME of the worst physical confrontations so far between gardai and protesters in the Corrib Gas dispute took place yesterday. The clashes happened when protesters fought with gardai near the entrance to the site of the processing terminal at Bellanaboy, Co Mayo. A number of protesters were injured and had to [...]
Irish Times: Three go to hospital after Corrib scuffles
Liamy Mac Nally, Published: Jan 20, 2007 Three people sought hospital treatment following scuffles between gardaI and protesters outside Shell’s Corrib gas site in north Mayo yesterday. Between 50 and 60 protesters from the Shell to Sea campaign gathered at Bellanaboy bridge when workers at the Shell site were being driven past to the refinery [...]
Financial Times: Browne’s just deserts
EXTRACT: It should come in well north of the £1m lump sum received by Sir Philip Watts, who left Royal Dutch Shell under a much larger cloud than that dogging Lord Browne… By ANDREW HILL Published: January 20 2007 02:00 | Last updated: January 20 2007 02:00 For campaigners against excessive executive pay, there is [...]
The Times: Come in No1, your time is up
EXTRACT: BP shares have outperformed the FTSE 100 index. since 1995 but so equally have those of Royal Dutch Shell, which has not been much admired. January 20, 2007 GRAHAM SEARJEANT, PERSONAL INVESTOR All political careers are said to end in failure. This is a warning to the arrogant not to prolong their tenure [...]


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