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Posts from ‘March, 2005’

MARCH 2005 ROYAL DUTCH SHELL NEWS HEADLINES

Mar 31st, 2005
by John Donovan.
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MARCH 2005 ROYAL DUTCH SHELL NEWS HEADLINES

Tuesday, 1 March 2005

THE LONDON TIMES: Need to Know: “Shell signed its second agreement with Qatar’s government in two days…” (ShellNews.net) 1 March 05

FINANCIAL TIMES: Shell cements its position with LNG deal: “Royal Dutch/Shell’s signing of a $7bn (£3.65bn) liquefied natural gas deal with Qatar this week cements its position as global leader in liquefied natural gas – the boom area of energy investment – and will boost its flagging oil and gas reserves.”: “Despite Shell’s conservative assumption on oil prices, worries remain that companies are taking big risks when investing billions in LNG plants, ships and pipelines.” (ShellNews.net) 1 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Thursday, 31 March 2005

Mar 31st, 2005
by John Donovan.
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Royal Dutch Shell News Thursday, 31 March 2005

CNN: Shell pumps twice as much as it finds (ShellNews.net) 31 March 05

Friends of the Earth: Shell’s new Sakhalin II pipeline route still puts whales at risk (ShellNews.net) 31 March 05

THE SCOTSMAN: Inquiry call as Shell admits safety breach in which two died: “Shell admitted the amended charges at Stonehaven Sheriff Court yesterday.”: “A spokesman said the firm had pleaded guilty to three amended charges under the Health and Safety at Work Act in relation to the incident. He said the company could not give out any further details as legal proceedings were ongoing.” (ShellNews.net) 31 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Wednesday, 30 March 2005

Mar 30th, 2005
by John Donovan.
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Royal Dutch Shell News Wednesday, 30 March 2005

BBC NEWS: Shell guilty over gas leak deaths: “Oil giants Shell has admitted three charges over the deaths of two workers in the North Sea two years ago.” (ShellNews.net) 30 March 05

THE NEW YORK TIMES: Shell to Reroute Pipelines in Project: “Royal Dutch/Shell said Wednesday it would reroute planned pipelines at its oil and gas project off the Russian Pacific island of Sakhalin, bowing to environmentalists’ demands who said the pipelines passed too close to the feeding grounds of the endangered gray whale” (ShellNews.net) 30 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Tuesday, 29 March 2005

Mar 29th, 2005
by John Donovan.
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Royal Dutch Shell News Tuesday, 29 March 2005

allAfrica.com: Shell Decries New PSC Tax Hike: “A proposed hike in Nigerian oil taxes could halt new offshore oil projects just as the country is trying to attract new investors, Shell has declared.” (ShellNews.net) 29 March 05

FINANCIAL TIMES: Depleted talent reserves threaten oil companies: “Royal Dutch/Shell, hoping to recruit 1,000 engineers this year to help it escape its reserves crisis, has recently returned to the university careers circuit after abandoning it some years ago.” (ShellNews.net) 29 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Monday, 28 March 2005

Mar 28th, 2005
by John Donovan.
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Royal Dutch Shell News Monday, 28 March 2005

BBC Monitoring Service (UK): Libya to announce oil investment projects: “The study of the results and phases of negotiation aimed at reaching a gas development agreement with “Shell” also started” (ShellNews.net) 28 March 05

InstitutionalInvestor.com: Shell To Hire First External Managers (ShellNews.net) 28 March 05

The Indianapolis Star: To be candid, station has you on camera: Bobby Key’s Shell station is equipped with 48 cameras to deter gasoline theft and catch people who drive off without paying. Images are displayed on three computer screens. “I would not be in business without the system,” Key said.: “At his Cloverdale operation, there are 64 of them.” (ShellNews.net) 28 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Sunday, 27 March 2005

Mar 27th, 2005
by John Donovan.
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Royal Dutch Shell News Sunday, 27 March 2005

THE MIAMI HERALD: Shell grows oil venture: Alberta has two thirds as much oil as Saudi Arabia, and in an era of high prices, Shell Canada and its partners are ready to expand their operations in the region. (ShellNews.net) Posted 27 March 05

THE NEW YORK TIMES: What Happens Once the Oil Runs Out? “I used to work with Mr. Hubbert at Shell Oil, and my own independent research places the peak of world oil production late this year or early in 2006.” (ShellNews.net) Posted 27 March 05

THE SUNDAY TELEGRAPH (UK): Bidders balk at First Calgary price tag: “Ten of the world’s largest energy groups, including Shell and Total, are studying information about First Calgary ahead of a mid-April deadline to submit binding offers.” (ShellNews.net) 27 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Saturday, 26 March 2005

Mar 26th, 2005
by John Donovan.
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Royal Dutch Shell News Saturday, 26 March 2005

FINANCIAL TIMES: Oil in troubled waters: “The Shell report, by WAC Global Services, a group of conflict management specialists, says earnings from oil theft have made it possible for militias to buy thousands of weapons, including former Soviet-type small arms, rocket launchers and possibly short-range missiles. Unrest in the Delta could force the company out of onshore production by 2008 unless it was prepared to violate its business principles, the report concludes. “It is clear that [Shell] is part of Niger Delta conflict dynamics and that its social licence to operate is fast eroding,” the report says.” (ShellNews.net) 26 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News, 25 March 2005

Mar 25th, 2005
by John Donovan.
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Royal Dutch Shell News GOOD FRIDAY, 25 March 2005

Journal-News.com (Ohio): County signs off on $10M Shell settlement: “…the county’s claim contends the defendants knew the pipes were unsuitable for water service, misrepresented the quality of the piping, violated expressed and implied warranties, committed fraud, engaged in deceptive trade practices, and created a public nuisance” (ShellNews.net) 25 March 05

THE GLOBE & MAIL (CANADA): Shell eyes $17-billion expansion: “Shell Canada Ltd. and its partners are in talks about spending $17-billion over the next decade to triple production at their oil sands project” (ShellNews.net) 25 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell Thursday, 24 March 2005

Mar 24th, 2005
by John Donovan.
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Royal Dutch Shell Thursday, 24 March 2005

AME Info (United Arab Emirates): Shell corporate brand launch: “Shell International is launching its corporate brand campaign in Dubai in collaboration with CNBC Europe and The Wall Street Journal…” (ShellNews.net) 24 March 05

Business Times (Malaysia): Shell to add high-value IT services: “THE Royal Dutch/Shell group plans to include several new high-value information technology (IT) services to Cyberjaya-based Shell Information Technology International Sdn Bhd (SITI) this year…” (ShellNews.net) 24 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Wednesday, 23 March 2005

Mar 23rd, 2005
by John Donovan.
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Royal Dutch Shell News Wednesday, 23 March 2005

TomDispatch.com: The Energy Crunch to Come, Soaring Oil Profits, Declining Discoveries, and Danger Signs: “Royal Dutch/Shell, already reeling from admissions last year that it had over-stated its oil and natural gas reserves by 20%, recently lowered its estimated holdings by another 10%, bringing its net loss to the equivalent of 5.3 billion barrels of oil. Even more worrisome, Shell announced in February that it had replaced only about 45-55% of the oil and gas it produced in 2004, an unexpectedly disappointing figure.” (ShellNews.net) 23 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Tuesday, 22 March 2005

Mar 23rd, 2005
by John Donovan.
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Royal Dutch Shell News Tuesday, 22 March 2005

allAfrica.com: Shell Makes New Oil Discovery in Bonga Field(ShellNews.net) 22 March 05

FINANCIAL TIMES: Nigerian oil unions prepare to strike: “Two main unions said they would give the state energy company, NNPC, and Royal Dutch/Shell, Nigeria’s biggest oil producer, two weeks after the initial strike to stop job cuts made without consulting the unions, or they could strike again.” (ShellNews.net) 22 March 05

adweek.com: Shell Revises Media Review Timetable: “NEW YORK Shell Group said it has revised the timetable for final presentations and a decision in the review for its $240 million global media account.” (ShellNews.net) Posted 22 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Monday, 21 March 2005

Mar 21st, 2005
by John Donovan.
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Royal Dutch Shell News Monday, 21 March 2005

Corporate Board Member Magazine (March/April 2005 issue): Shell Rebuilds Itself: “Investors are still divided about the culpability of Shell’s directors in the reserves debacle.”: “The stock price plummeted—losing some $22 billion in value at its nadir—and the bond-rating agencies stripped Shell of its triple-A rating. Class-action suits were springing up in the U.S. like poisonous toadstools.”: “…Lord Oxburgh conceded that Shell executives had been “economic with what they passed on to the board. Evidence of just how “economic” Watts & Co. had been soon began to mount…”: “The Shell board recognized that its top priority was restoring the company’s reputation…”: “William S. Lerach—the California corporate scourge whose law firm brought a consolidated U.S. class-action suit on behalf of shareholders against Shell, its executives, and its directors for mismanagement and fraud—judges the reforms timid and inadequate” (ShellNews.net) 21 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Sunday, 20 March 2005

Mar 20th, 2005
by John Donovan.
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Royal Dutch Shell News Sunday, 20 March 2005

The Observer (UK): Britain honours hanged hero as legal war rages on: “In the US courts he is pursuing a legal action against Shell, accusing the oil giant of aiding and abetting the torture and murder of Saro-Wiwa and other members of the Ogoni tribe…” (ShellNews.net) 20 March 05

The Observer (UK): Trouble in the pipeline: Nick Mathiason on how Shell’s controversial Pacific island project has very shaky foundations: “It is the world’s most expensive oil and gas pipeline. Costing over $12 billion…”: “With its reserves dwindling, Shell, which controls 55 per cent of the project, is hoping to get lenders to back it this year. The project is already $2bn over budget and every delay risks escalating costs.” (ShellNews.net) 20 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Saturday, 19 March 2005

Mar 19th, 2005
by John Donovan.
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Royal Dutch Shell News Saturday, 19 March 2005

Salon.com: Running on empty: The leading energy analysts who foretold Enron’s demise have an alarming new claim: The world’s major oil companies are almost tapped out.: “A spokesman for Royal Dutch/Shell in London was similarly coy, saying in an e-mail that the company had “no comment” on Herold’s projection” (ShellNews.net) Posted 19 march 05

DAILY TELEGRAPH (UK): Education: Lesson Plans: Business studies: QUESTION: 1. Memos are just one form of communication within a business. What other forms of communication are used by businesses, and what are the advantages and disadvantages of each? Featured Article: “Memos expose Shell’s years of lying (ShellNews.net) 19 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Friday, 18 March 2005

Mar 18th, 2005
by John Donovan.
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Royal Dutch Shell News Friday, 18 March 2005

THE NEW YORK TIMES: Judge Fines Motiva $10M in Tank Explosion: “Motiva, a joint supply venture between Shell and Saudi Refining…”: “…pleaded no contest to state charges of criminally negligent homicide…”: “The company… has paid more than $60 million to settle lawsuits”: “It is still the subject of a federal lawsuit…” (ShellNews.net) Posted 18 March 05

expatica.com: Shell stock options for executives: “Shell… had an “annus horribilis” in 2004 as it was forced to downgrade its estimate of oil reserves on several occasions. The scandal cost chairman Sir Philip Watts and other executives their jobs.” (ShellNews.net) Posted 18 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell News Thursday, 17 March 2005

Mar 17th, 2005
by John Donovan.
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Royal Dutch Shell News Thursday, 17 March 2005

Houston Chronicle: Shell proposes dropping stock options for executives: “Shell has been under heavy scrutiny since it admitted last year it had overstated its proven oil reserves and reduced the figure several times”: “The oil reserves scandal cost the company almost $150 million in fines imposed by U.S. and British regulators and led to the sacking of three senior executives.” (ShellNews.net) 17 March 05

The Scotsman: Shell Directors Lose Stock-Option Grants: “overshadowed by the fifth downgrade to the company’s oil and gas reserves of 10%, or 1.4 billion barrels. In addition, Shell said it only replaced between 15% and 25% of oil used in 2004. The string of reserves downgrades sparked the biggest crisis in the company’s history, leading to the departure of three senior executives, regulatory fines and prompting moves to merge Shell’s UK and Dutch parent firms after nearly 100 years of separate operations.” (ShellNews.net) 17 March 05 read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.
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