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Shell News Archive Wednesday 10 November, 2004

From our Shell News Archive Wednesday 10 November, 2004

Washington Post: Priming the Public For Hydrogen Fuel: Benning Road Station Is First of Its Kind in U.S.: “Shell spent more than $2 million on the special Benning Road NE pump, which it will use to demonstrate hydrogen technology to lawmakers and staffers on Capitol Hill through a partnership with GM. (ShellNews.net) 10 Nov 04

THE WALL STREET JOURNAL: First US Hydrogen Refueling Station Opens Amid Protests (ShellNews.net) 10 Nov 04

AccountancyAge.com: Calls grow for external auditing of oil reserves (ShellNews.net) Posted 10 Nov 04
(Plus related AccountancyAge.com article: Shell fiasco haunts KPMG)

The Independent (UK): Shell urged to back external audits: “The call from California Public Employees’ Retirement System (Calpers) yesterday follows Shell’s disclosure that it may have to downgrade another 900 million barrels of proved reserves.” (ShellNews.net) 10 Nov 04

AP Worldstream: Report: Oil giant Shell to start retailing petrol, diesel in India by the year end: “After India deregulated its oil sector in April 2002, Shell obtained the government’s license to build 2,000 oil gasoline stations in the country. All those wanting to enter the country’s US$15 billion-a-year oil retail market have to meet government requirements, including a minimum 20-billion-rupee (US$435 million) investment in the country’s petroleum sector.” (ShellNews.net) 10 Nov 04

THE NEW YORK TIMES: Floating Natural Gas Plant Is Proposed for L.I. Sound: “If approved and built, the $700 million gas transfer project would be one of the world’s first such offshore operations, industry experts say.”: “The sponsor, Broadwater Energy, filed a letter with the Federal Energy Regulatory Commission yesterday to start the application. Broadwater is a partnership formed for the project by TransCanada Corporation of Calgary and Shell U.S. Gas and Power of Houston, an affiliate of Royal Dutch Shell.” (ShellNews.net) 10 Nov 04

Hindustan Times (India): Shell to begin LNG imports in India by early 2005: “Royal Dutch/Shell will start importing liquefied natural gas (LNG) in India in the first quarter of 2005, the head of the company’s Indian operations, Vikram Mehta said on Wednesday.” (ShellNews.net) 10 Nov 04

The Guardian (UK): Shell urged to bring in auditors: “One of the largest US pension funds has called on Shell to commit to annual external audits of its oil and gas reserves.” (ShellNews.net) 10 Nov 04

CBC News (Canada): TransCanada and Shell plan US$700M LNG terminal in NY Long Island Sound: “Catherine Tanna, Shell Gas & Power’s director for the Americas and Africa, said energy demand in North America is expected to increase substantially “and Shell believes LNG is an efficient, reliable and clean way to meet this demand.” (ShellNews.net) Posted 10 Nov 04

allAfrica.com: Omiyi Explains Shell’s Relocation to Port Harcourt: “Responding, Odili pleaded with Omiyi to properly clean up the over 250 oil spill cases most of which were attributed to the operations of Shell but applauded the company for its decision to relocate its headquarters to Port Harcourt.” (ShellNews.net) Posted 10 Nov 04

IndiaTimes: Tariffs to be reduced to Asean levels in Budget: “Prime Minister Manmohan Singh has assured multinational corporations that an independent Petroleum Regulatory Authority would be set up to provide a level playing field to them in the oil sector”: “…van der Veer had specifically suggested creation of a level playing field for multinational corporations in the oil sector.” (ShellNews.net) 10 Nov 04

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