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Shell News Wednesday, 26 January 2005

Shell News Wednesday, 26 January 2005

FINANCIAL TIMES: Shaken up by heavyweight Shell (ShellNews.net) 26 Jan 05

The Scotsman: Windfall Tax Will Jeopardise Jobs, Warns Shell: “Shell’s UK chairman James Smith was today giving evidence to the House of Commons’ trade and industry select committee which is conducting an inquiry into high gas and electricity prices.”: “Committee chairman Martin O’Neill said rising oil prices had put Shell’s profits “beyond the dreams of avarice”. (ShellNews.net) 26 Jan 05

London Evening Standard: Gas prices fight goes to MPs: “A 20% LEAP in household energy prices is down to shady dealings in the gas market, a committee of MPs will be told today.”: “An official inquiry into ‘strange behaviour’ at some North Sea fields involving Centrica, BP and Shell, and whether gasflows to the UK were held back to engineer higher prices, continues.” (ShellNews.net) Posted 26 Jan 05

TurkishPress.com: Local protest blocks oil delivery in Nigeria: Shell: “Despite living on top of this multi-billion dollar resource, the vast majority of Nigeria’s 130-million-strong population lives in abject poverty, with three-quarters of the people struggling on less than one dollar per day.” (ShellNews.net) Posted 26 Jan 05

THE WALL STREET JOURNAL: LNG Quickly Joining Oil As Major US Energy Import: “Shell is involved in several LNG import facility projects.” (ShellNews.net) Posted 26 Jan 05

THE WALL STREET JOURNAL: Energy Sector Is Likely To See Season of Deals: “In the energy sector, 2005 could be a banner year for mergers and acquisitions.”: “…Total and Shell could be possible early movers to make acquisitions…” (ShellNews.net) Posted 26 Jan 05

THE WALL STREET JOURNAL: UK Lawmakers Turn Sights On Oil Cos’ Profits (ShellNews.net) Posted 26 Jan 05

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