Arai also had specific comments regarding the future roles of his firm's leading shareholdersRoyal Dutch Shell PLC and Saudi Aramco.
December 6th, 2008:
Showa Shell Seikyu looks to solar power
BAE accused of £100m secret payments to seal South Africa arms deal (*BAE and the MoD were Shell’s partners in the Saudi Arabian Al Yamamah oil-for-arms scandal)
This follows the closedown of the SFO's own inquiry in London into BAE's multimillion pound payments to members of the Saudi royal family. Tony Blair, as prime minister, forced the SFO to call off the inquiry on alleged grounds of "national security".
Shell Said to Plan 10-Day Repair of Pernis Refinery Fire Damage
We never comment on operational issues, Wim van de Wiel, a Shell spokesman, said by phone today from The Hague, where the company is based.
Japan refiners to be stirred, not shaken, by merger
"Cosmo and Showa Shell's main shareholders are different, so a merger is unlikely now," said UBS' Ito. Saudi Aramco increased its stake in Showa Shell to 15 percent stake in 2005, while IPIC, the investment arm of the Abu Dhabi government of the United Arab Emirates bought 20 percent in Cosmo last year to become the top shareholder.
B.C. government awards tenure to BP Canada for coalbed methane project
Shell Canada abandoned that project in the face of growing dissent from local First Nations and locals. On Friday, Neufeld announced that Shell Canada and the Tahltan First Nation have reached a two-year moratorium on coalbed methane drilling in the Klappan area.
Shell faces coal-bed moratorium in northern B.C.
Shell had indicated earlier this year that it was suspending its attempts to conduct exploration drilling of the Klappan - although a two-year series road blockades by some Tahltan members had rendered Shell's decision moot.
Shell opposition groups boycott Mayo forum
Shell to Sea would wholeheartedly welcome any open forum if it was willing to deal with Corrib gas project in its totality. Shell to Sea also object to the pressure various community and development groups in the area have been put under to take part in the Government sponsored event.