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Shell News Archive Saturday, 1 January 2005

Shell News Archive Saturday, 1 January 2005

The Guardian (UK): Letters: Humanity wins out: “It’s a wonderful testament to the human spirit to see the millions that the public are donating. It’s also good to see that governments are doing their bit. But how much are corporations donating? Companies such as Shell, Microsoft, General Motors and Wal-Mart are richer than many nations and much of their profits are made by the cheap labour of the people in the affected countries.” (ShellNews.net) 1 Jan 05

THE LONDON TIMES: City Diary: Friends reunited: “LORD OXBURGH, the newish chairman of Shell, is giving the fourth Greenpeace business lecture later this month, speaking about the giant oil companies and climate change. You might think his position a difficult one. Do you tell your customers to use less of the stuff?” (ShellNews.net) 1 Jan 05

THE LONDON TIMES: SHARE OF THE MONTH UPDATE: No need to mind the Gap: “Despite falling oil prices, I am also tightening my grip on shares in Shell, ENI, Premier Oil and Schlumberger. Continued chaos and violence in Iraq, the threat of supply disruption and strong demand for energy from China and India, make the shares must-haves.” (ShellNews.net) 1 Jan 05

The Independent (UK): Shares and market report: Gallaher and SSL are tipped for takeover in 2005: “BG, up 2.75p to 354p, was again rumoured to be a likely target for Shell or France’s Total. This story did the rounds of dealing rooms in February and sent BG stock soaring. Although the bid failed to materialise, shares in the oil group held on to their gains and went on to touch a high of 380p in October. Whether BG’s valuation is now too rich for a predator only time will tell.” (ShellNews.net) 1 Jan 05

Newswire.ca (Canada): Shell Canada pledges $100,000 for Asian tsunami relief: “The Royal Dutch/Shell Group of Companies has pledged $3 million US to tsunami disaster relief, and various local and regional fundraising projects are being established by Shell people around the world.” (ShellNews.net) Posted 1 Jan 05

Yahoo! Business News: Shell says staff safe in Asian countries affected by tsunami: “The Royal Dutch/Shell Group said the hundreds of employees working at its various offices in the Asian countries affected by by tsunami disaster have been accounted for and are safe.” (ShellNews.net) Posted 1 Jan 05

THE WALL STREET JOURNAL: Nigeria Asks Oil Companies To Refine 50% Of Crude Locally: “State-run Nigerian National Petroleum Corp. (NNP.YY) has asked its joint venture partners to start plans to ensure half the crude oil they pump is refined locally by 2006, The Guardian newspaper reported Friday.” (ShellNews.net) Posted 1 Jan 05

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