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Royal Dutch Shell News Sunday, 20 March 2005

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

emptywells.com: US: In the grip of oil – Coming to terms with the new realities of supply, pricing: “Extremists have warned for years of an impending economic disaster due to the end of oil; the movement is dubbed “Peak Oil.” It posits that one day all the oil in the world will be depleted, prices will soar and disaster will ensue. And many are saying that day has come.” (ShellNews.net) Posted 20 March 05

newsday.com: Number of N.J. gas stations has tumbled 24 percent: “After the 2001 Chevron-Texaco merger, the new company was forced by the federal government to divest itself of thousands of Texaco stations owned by a joint venture between Texaco and Shell. They now operate as Shell stations, although some have been closed down and boarded up.” (ShellNews.net) Posted 20 March 05

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