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Royal Dutch Shell News Monday, 14 March 2005

Royal Dutch Shell News Monday, 14 March 2005

Belfast Telegraph (Northern Ireland): Shell shock as Fortune poll reports: “Fortune magazine’s latest annual poll to find the world’s most admired companies shows several high-profile companies have fallen from grace. The All-Star list no longer includes Royal Dutch/Shell, which significantly overstated its oil and gas reserves, or Merck, which recalled its US$$2.5bn blockbuster painkiller Vioxx. (ShellNews.net) 14 March 05

Reuters: Shell denies Sakhalin swap deal: “Shell has dismissed media reports that it has agreed to swap 7 percent of the Sakhalin-2 project in Russia’s Far East for the interests of Gazprom in the vast Shtokman Arctic gas field” (ShellNews.net) 14 March 05

MOSNEWS: Shell Dismisses Report of Swapping Sakhalin-2 Shares with Gazprom (ShellNews.net) 14 March 05

Tempo Interactive (Indonesia): Shell to Clarify Ambalat Case This Week (ShellNews.net) 14 March 05

AFX NEWS: Shell fuel sales in Argentina down 50-60 pct due to boycott: “Sales at Royal Dutch/Shell Group petrol stations have fallen by 50-60 pct since Thursday, when the Argentine government called for the boycott of its products…” (ShellNews.net) 14 March 05

Financial Times: Kirchner’s folly: “Mr Kirchner’s decision to order a boycott of Shell has sent out exactly the wrong signal to the private sector” (ShellNews.net) 14 March 05

THE LONDON TIMES: Argentina declares war on oil giants: “…called on Argentines not to buy anything from Shell, “not even a can of oil”: “Militant groups of the unemployed, piqueteros or pickets, responded to Señor Kirchner’s call by setting up protest lines outside Shell service stations in an attempt to enforce the ban. Shell has more than 900 stations in Argentina” (ShellNews.net) 14 March 05

THE WALL STREET JOURNAL: Argentine Leader Turns Inflation Ire Toward Shell: “A day after urging citizens to boycott the local unit of Royal Dutch/Shell Group for announcing plans to raise gasoline prices, Argentine President Néstor Kirchner called the company “one of the 10 worst” world-wide” (ShellNews.net) 14 March 05

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