Joe McWilliams Lakeside Leader Slave Lake, Alberta, Canada What’s known in coffee shops as ‘the Shell project’ is still a long way from fruition, but things are happening. Sure Northern Energy – which Royal Dutch Shell owns – is planning a series of community open houses in affected communities early next month to talk about [...]
Posts on ‘March 20th, 2007’
Reuters: Barclays and ABN to split top jobs
LONDON (Reuters) – Barclays (LSE: BARC.L – news) and Dutch rival ABN AMRO (Amsterdam: AABA.AS – news) said a merger of their companies would be listed in London, have headquarters in Amsterdam, and would split the top two jobs. Barclays Chief Executive John Varley is set to take the same job in a combined bank, [...]
International Herald Tribune: U.S. tightens financial squeeze on Iran
But sanctions aimed at energy projects could anger Europe By Steven R. Weisman Published: March 20, 2007 WASHINGTON: For all of the U.S. efforts to apply economic and political pressure on Iran over its nuclear program, Washington has never used a potentially potent tool in its arsenal — penalties on foreign companies that assist Iran [...]
RIA Novosti: Project operator offers environmental plan to fix Sakhalin II
18:19 | 20/ 03/ 2007 MOSCOW, March 20 (RIA Novosti) – Sakhalin Energy that operates the Sakhalin II oil and gas project off Russia’s Pacific Coast has submitted a plan of measures to remedy environmental damage caused by the project, the natural resources ministry said Tuesday. The ambitious project, formerly led by Anglo-Dutch oil major [...]
Bloomberg: Russia Receives Sakhalin Environmental Plan From Shell, Gazprom
By Lucian Kim March 20 (Bloomberg) — Russia’s Natural Resources Ministry received a plan from Royal Dutch Shell Plc and OAO Gazprom to remedy environmental violations at their Sakhalin-2 venture. Most of the measures to fix the problems will be realized by the end of next year, the ministry said in an e-mailed statement today. [...]
Bloomberg: Senate May Extend Botched Drilling Leases in Return for Fees
By Jim Efstathiou Jr. March 20 (Bloomberg) — Energy companies with Gulf of Mexico drilling leases that omit royalties should get incentives in exchange for starting to make payments, U.S. Senator Dianne Feinstein said. The leases, issued in 1998 and 1998 by the U.S. Minerals Management Service, lack terms included other years that require royalty [...]
Bloomberg: Shell Canada Investor Jarislowsky to Accept Royal Dutch Offer
By Sonja Franklin March 20 (Bloomberg) — Jarislowsky Fraser Ltd., the investment adviser that controls about 29.5 million Shell Canada Ltd. shares, said it will tender its stock in a takeover by Royal Dutch Shell Plc rather than fight the deal in court. The Montreal money manager will tender its shares of Calgary-based Shell Canada [...]
Decision day looms for 399 former Shell employees suing Shell Malaysia for unlawful deduction from retirement fund
399 REASONS FOR SHELL MANAGEMENT TO HANG THEIR HEADS IN SHAME For better quality photograph and related news links go to… http://www.shellnews.net/Week%20One%2006/shellnewsnet-399-reasons-why-jon-chadwick-8-january-2006.htm The above photograph was taken in 2004 immediately after a Malaysian High Court ruled in favour of 399 former Shell employees known as “Team A” in a class action lawsuit. The Judge ruled Shell [...]
The Calgary Herald: Oilpatch CEOs’ salaries rising but increases losing some energy
EXTRACT: Shell Canada Ltd., chief executive Clive Mather’s salary rose about nine per cent to $978,750 and his bonus increased about six per cent to $800,000. He also received 330,000 options. THE ARTICLE Bonuses, options trimmed as companies show mixed results Lisa Schmidt, The Calgary Herald Published: Tuesday, March 20, 2007 CALGARY – CEO salaries [...]
NIEUWS/FINANCIEEL/ARTIKEL: Herkströter and Breukink
HFD – 20 maart 2007 11:30 Persbericht ING – voordrachten RvC AMSTERDAM (FD.nl/Betten) – Hier volgt een persbericht uitgegeven door ING: Henk Breukink, Peter Elverding and Piet Hoogendoorn nominated as members of the Supervisory Board of ING Group ING Group will propose to the 2007 Annual General Meeting of Shareholders (AGM) the appointment of three [...]
The Calgary Herald: Royal Dutch to take reins in the oilsands: Changes likely after takeover of Shell Canada
(Royal Dutch Shell CEO Jeroen van der Veer says the buyout of Shell Canada will further strengthen his company’s position in Canada — as well as its presence in the oilsands. Pierre Verdy, Getty Images) Lisa Schmidt, Calgary Herald; with files from Reuters Published: Tuesday, March 20, 2007 After winning over a majority of minority [...]
Lloyds List: Chevron to plough $50bn into oil and gas projects
US group eyes over 30 medium and long term sites, writes Martyn Wingrove, Published: Mar 20, 2007 CHEVRON is planning to develop more than 30 new oil and gas projects over the next five years to increase production and add new proven reserves. The California-based group could be investing at least $30bn and some estimates [...]
AFX CNF: Polski Koncern Nft. – Orlen Deutschland Shell Agreement
Published: Mar 20, 2007 RNS Number:2639T Polski Koncern Naftowy Orlen S.A. 19 March 2007 Regulatory announcement no 17/2007 dated 19 March 2007 ORLEN Deutschland signs wholesale agreement with Shell Deutschland Oil Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”), Central Europe’s largest downstream oil company, announces that on 19 March 2007 ORLEN Deutschland AG signed a [...]
Financial Times: Safety record is put in spotlight: ’37 died while working for Royal Dutch Shell’
By Ed Crooks Published: March 20 2007 02:00 | Last updated: March 20 2007 02:00 Any doubts about how safety-conscious the oil and gas industry is are quickly dispelled by a visit to any BG Group office. There, a five-point stair safety code urges people to hold the handrail, avoid using a mobile phone or [...]
Financial Times: Observer: Hardened vets
Published: March 20 2007 02:00 | Last updated: March 20 2007 02:00 If Rijkman Groenink, ABN Amro’s embattled chief executive, is seeking tactical advice on how to handle activist investors, he does not have far to look. Rob van den Bergh, who was ousted as chief executive of business information group VNU in a shareholder [...]


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