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Shell News Archive Tuesday, 4 January 2005

Shell News Archive Tuesday, 4 January 2005

newkerala.com (India): Shell chips in with funds for Tsunami relief: Two million dollars will be donated locally and distributed through the local companies in Indonesia, Sri Lanka, India, Thailand and Malaysia to Tsunami relief funds.”: “An additional one million dollar is being raised through local Shell schemes.” (ShellNews.net) 4 Jan 05

THE WALL STREET JOURNAL: Iraq Oil Ministry Tenders Northern Gas Field Development: “Royal Dutch/Shell (RD, SC) is formulating a master gas plan, aimed at allowing Iraq to use gas more efficiently.” (ShellNews.net) Posted 4 Jan 05

Canadian Press: Enbridge completes $US613M acquisition of Shell Gulf of Mexico offshore pipelines: “Enbridge Inc. said Monday it has completed the purchase of a major pipeline system in the Gulf of Mexico from a unit of global energy giant Royal Dutch-Shell. The Calgary energy services company (TSX:ENB) announced that its wholly owned U.S. subsidiary had finalized the purchase of Shell Gas Transmission LLC for $613 million US plus working capital.” (ShellNews.net) 4 Jan 05

FINANCIAL TIMES: Observer: A wagging Dutch finger on Shell: “Royal Dutch/Shell’s move to merge its twin Dutch and British holding companies seemed to have satisfied critics of the cumbersome, century-old governance structure when the oil giant unveiled the plan in October. Yet one prominent former employee sees mischief afoot.” (ShellNews.net) 4 Jan 05

THE LONDON TIMES: Need to Know: Global Business Briefing: NATURAL RESOURCES: “Even a small dip in the oil price will prompt takeover activity in the energy sector.”: “In Europe, Shell is the most in need of a deal and interest in BG Group is likely to resurface.” (ShellNews.net) 4 Jan 05

THE LONDON TIMES: L&G awaits decision on appeal over £1.1m fine: “The FSA is already facing another high-profile tribunal challenge from Sir Philip Watts, the former Shell chairman.” (ShellNews.net) 4 Jan 05

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