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Shell News Archive Tuesday 9 November, 2004

From our Shell News Archive Tuesday 9 November, 2004

Financial Times: ‘Audit oil reserves’ investors tell Shell: “Two leading activist investors in Royal Dutch/Shell, the scandal-hit oil group, have called on the company to set an example to the industry by providing an annual reserves statement signed off by an external auditor.” (ShellNews.net) 9 Nov 04

THE WALL STREET JOURNAL: Calpers Pressures Oil Companies For Independent Reserves Audits: “Shell, in response to its energy-accounting scandal, now relies on outside contractors to help review its tally, though it hasn’t committed to a full-blown external reserves audit.” (ShellNews.net) 9 Nov 04

Vanguard (Nigeria): Gov Odili urges Shell to clean up 250 oil spills in Rivers: “The governor said the oil spills will do great harm to the environment…” (ShellNews.net) 9 Nov 04

rigzone.com: Shell Confirms E&P Investments of US$120mn in 2005: Anglo-Dutch oil company Shell will spend US$120mn on exploration and production in Brazil next year, part of US$200mn overall investment in the country, a company spokesperson told BNamericas, confirming local press reports. (ShellNews.net) 9 Nov 04

prnewswire.com: Shell Transport & Trading Company plc: Director Shareholding: Mr P R Voser, a Managing Director of the Company, has received a conditional award of 252,314 Ordinary shares of 25p each in The “Shell” Transport and Trading Company, p.l.c. under the shareholder approved Long-Term Incentive Plan of The Shell Petroleum Company Limited/Shell Petroleum N.V. (ShellNews.net) Posted 9 Nov 04

Asia Pulse: BRIEFING – ASIA ENERGY – NOV 9, 2004: SHELL’S FIRST ASPHALT FACILITY IN CHINA TO START PRODUCTION: “…the first production facility of Shell in China“ (ShellNews.net)

THE TIMES (UK): Nigeria tries to build new economy without oil, guns and corruption: “Nigerians are beginning to see that the solution to the crisis is not in the stuff Shell is pumping out of the ground.” (ShellNews.net) Posted 9 Nov 04

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