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Shell News Archive Saturday 11 December, 2004

Shell News Archive Saturday 11 December, 2004

Financial Times: Chinese oil: “China’s three oil majors have a mandate from Beijing to go forth and spend. They also have the cash. The three – CNOOC, PetroChina and Sinopec – have a combined market capitalisation of about $150bn”: “Potential targets include Royal Dutch/Shell’s 34 per cent stake in Australia’s Woodside Petroleum (ShellNews.net) 11 Dec 04

The Guardian (UK): Is all well with Shell?: Interview Lord Oxburgh, chairman of Shell Transport and Trading: “He accepts that Shell has been through some nasty self-imposed scrapes but also feels that it has been misrepresented by the media and others in the outside world. So much so, he says, that he also began to believe some of the more negative images of the company.” (ShellNews.net) 11 Dec 04

THE TIMES (UK): STOP PRESS: Shell sale pledge (ShellNews.net) 11 Dec 04

THE WALL STREET JOURNAL: Shell Hopes Nigerian Conflict Will Be Resolved By Weekend: “Shell Petroleum Development Company of Nigeria, a unit of Royal Dutch Group (RD,SC), said Friday it was hopeful the dispute between it and one of its host communities that led to the closure of its flow stations would be resolved this week” (ShellNews.net) Posted 11 Dec 04

THE WALL STREET JOURNAL: Shell To Sell Portuguese Unit To Repsol YPF: “Royal Dutch/Shell Group of Companies and Repsol YPF announce Friday the signing of a sale and purchase agreement relating to the divestment of Shell Gas (LPG) business in Portugal” (ShellNews.net) Posted 11 Dec 04

Oil & Gas Journal: Shell Canada discovers natural gas in central Alberta (ShellNews.net) Posted 11 Dec 04

strategiy.com (Middle East): Shell launches next-generation advanced hydraulic oil (ShellNews.net) 11 Dec 04

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