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Royal Dutch Shell News Monday 7 March 2005

Royal Dutch Shell News Monday 7 March 2005

Asia News: Yahoo: Shell buys 30 pct stake in Egypt W. Desert blocks (ShellNews.net) Posted 7 March 05

FINANCIAL TIMES: Chevron starts takeover talks with Unocal: “Chevron’s fresh position as a front-runner to buy Unocal could spur other suitors, such as CNOOC, Royal Dutch/Shell, BP, or others, to make last-ditch counter-offers.” (ShellNews.net) 7 March 05

AFX Europe (Focus): Indonesia urges Unocal to proceed with Ambalat oil block exploration – report: “The government is asking Unocal Indonesia Ventures Ltd to proceed with exploration activities in the Ambalat oil and gas block although the area is under territorial dispute with Malaysia”: “Tension emerged between Indonesia and Malaysia after the latter’s state oil company Petronas granted energy giant Shell a concession in the Ambalat area on February 16.” (ShellNews.net) 7 March 05

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