Royal Dutch Shell Plc  .com Rotating Header Image

Shell News Archive Tuesday, 11 January 2005

Shell News Archive Tuesday, 11 January 2005

THE WALL STREET JOURNAL: Energy-Price Volatility Returns Due to Output Outages, Weather: “strong winds last week damaged a structure used by Royal Dutch/Shell Group to load tankers at the Draugen field in the Norwegian Sea. Shell shut down the field’s 140,000-barrel-a-day output Friday after bad weather kept it from repairing the structure”: “…the company still had 72,000 barrels a day off line in Nigeria, despite an agreement last week between government officials and local protesters to lift an effective ban on production in one area of the Niger Delta. A separate, unrelated protest has recently shut down another 7,000 barrels a day of Shell oil from Nigeria…” ( 11 Jan 05

THE LONDON TIMES: Need to Know: Global Business Briefing: “Shell, the UK oil giant, has halted 140,000 barrels of daily production at its Draugen field in the North Sea because stormy weather is hampering platform repair work.” ( 11 Jan 05

THE LONDON TIMES: Stop Press: “Shell disposal: Royal Dutch/Shell continued its disposal of non-core assets with the sale of a 70,000 barrels-per-day refinery in California. The oil giant, which is disposing of assets no longer deemed strategic, has agreed a deal to sell the refinery to a private company.” ( 11 Jan 05

The Guardian (UK): Northern Foods keeps to form by issuing profit alert: “Pat O’Driscoll, the new chief executive of Northern Foods, kept up an old habit when she issued a profit warning with her first major trading statement.”: “Asked whether bad luck had followed her from her previous employer, which has just been through its worst period in 100 years, she said: “I hope I have not brought the curse of Shell with me.” ( 11 Jan 05

The Guardian: Davies finds a Seoul mate: “Shell has long been a master of the public relations gaffe, but few compare with the one aired on Saturday evening television, following a candid interview on climate change with likable company chairman Lord Oxburgh. Channel 4 presenter Marcel Theroux told millions of viewers that after his interview he had asked Shell’s PR staff when Lord O would retire: “Not soon enough” was the reported answer.” ( 11 Jan 05

DAILY TELEGRAPH (UK): City diary: Keep a close eye on the minder: “A Channel 4 programme last Saturday, The End of the World as We Know It, featured an interview with the outgoing Shell chairman Lord Oxburgh.”: “…interviewer Marcel Theroux… asked Oxburgh’s minder when he was due to retire. “Not soon enough” came the reply…” ( 11 Jan 05

THE WALL STREET JOURNAL: Could a Major Acquisition Rev Up Shell?: “The oil patch is abuzz over the possibility of deep-pocketed Chinese energy companies striking big takeover deals in the sector. But some industry watchers are keeping an eye on another possible suitor: Royal Dutch/Shell Group.”: “One possible fit: Unocal.”: “Shell faces obstacles, most notably its lack of credibility in the wake of the reserves scandal and other recent missteps.” ( Posted 11 Jan 05 Shell’s Bakersfield refinery sold to Flying- Oil ( 11 Jan 05 Royal Dutch/Shell Review Media Buying to Consolidate Global Account: “Shell’s media budget is estimated at $300 million.” ( 11 Jan 05

Vanguard (Nigeria): Shell, ChevTex hand over oil fields to NPDC: “Shell Petroleum Development Company (SPDC) and ChevronTexaco Company have handed over the operation of some of the Joint Venture (JV) oil fields to the Nigerian Petroleum Development Company” ( 11 Jan 05

THE WALL STREET JOURNAL: Shell: Shut-In Nigeria Oil Ops Running At 36% Capacity ( Posted 11 Jan 05 and its also non-profit sister websites,,,,, and are all owned by John Donovan. There is also a Wikipedia article.

0 Comments on “Shell News Archive Tuesday, 11 January 2005”

Leave a Comment

%d bloggers like this: