Royal Dutch Shell News Wednesday, 2 March 2005

by John Donovan.

Royal Dutch Shell News Wednesday, 2 March 2005

Reuters: Shell Canada Buys Offshore Newfoundland Rights: “Shell Canada Ltd. marked its exploration return to offshore Newfoundland on Wednesday by acquiring a 20 percent interest in eight exploration licenses in the Orphan Basin” (ShellNews.net) 2 March 05

THE WALL STREET JOURNAL: Shell Canada Acquires Expl Rights In Orphan Basin Offshore Newfoundland: “Shell Canada Ltd. (SHC.T) has acquired a 20% stake in eight exploration licenses in the Orphan Basin in the deepwater region offshore Newfoundland and Labrador.” (ShellNews.net) 2 March 05

The Globe & Mail: Diversity efforts paying off: Shell CFO By VIRGINIA GALT: “There has never been a better time for Canadian women in business, says Shell Canada chief financial officer Cathy Williams, who early in her career actually received coaching on how to deal with “male chauvinist pigs.” (ShellNews.net) Posted 2 March 05

FINANCIAL TIMES: Drought ends for Africa’s ‘unbankable’: “…for a few, help is now available in the form of a $5m Uganda “energy fund” set up by the Shell Foundation, the charitable arm of Royal Dutch/Shell. The fund was launched in 2003 as a pilot scheme to assist small and medium-sized enterprises in the east African nation, part of Shell’s plan to move away from traditional corporate philanthropy.” (ShellNews.net) 2 March 05

THE LONDON TIMES: Going Dutch: “Shell may be envious of the smooth transition at Reed as it hunts for a new chairman. In that case, given the determination for a fresh approach and the fact that the chief executive is Dutch, it may be that any other nationality, apart from Dutch or British, is required” (ShellNews.net) 2 March 05

THE WALL STREET JOURNAL: Traders Predict Large Market In Trading Carbon Credits: “…more companies have begun regularly trading in the last few weeks, mostly big power companies, said Garth Edward of Shell Trading, a division of Royal/Dutch Shell (RD). “Now we have a real market,” he said” (ShellNews.net) 2 March 05

Daily Times (Pakistan): Shell Pakistan to introduce new petrol blend: “This new Shell Petrol helps provide better fuel economy, engine cleanliness and reduced friction in the engine,” (ShellNews.net) 2 March 05

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Posted in: Canada, Oil, Royal Dutch Shell Plc.

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