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Royal Dutch Shell News Saturday, 5 March 2005

Royal Dutch Shell News Saturday, 5 March 2005

THE LONDON TIMES: Can Shell’s Canadian sands yield more oil than the Saudi deserts?: “Transforming black sand into oil is costly and dirty, but there is plenty of it about” (ShellNews.net) 5 March 05

THE LONDON TIMES: High crude price props up this costly process: “The Athabasca sands could restore Shell’s reserves, so it must be galling that not a single one of Shell’s six billion barrels in Northern Alberta features in Shell’s statement of reserves. The US Securities and Exchange Commission refuses to consider the deposits as oil reserves…” (ShellNews.net) 5 March 05

THE LONDON TIMES: China woos chief sitting on black goldmine: “He has a standing invitation to Beijing where a Chinese oil company is anxious to talk to him about a parcel of land in the middle of the world’s largest petroleum resource: the Athabasca oil sands.”: “…Neil Camarta, head of Shell’s Athabasca Oil Sands Project, is looking slightly nervous.” (ShellNews.net) 5 March 05

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