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Royal Dutch Shell News Sunday, 10 April 2005

Royal Dutch Shell News Sunday, 10 April 2005

THE BUSINESS: State oil firm loses out on US bid: “CHINESE state oil firm Cnooc’s sudden departure from the bidding war over US oil firm Unocal in favour of ChevronTexaco’s $18.4bn (£9.8bn, €14.4bn) offer suggests that, however high they raise the stakes, buying a US company is still, sometimes, a step too far.”: “Chevron now takes third place among the western major oil companies in terms of oil and gas reserves, jumping ahead of Royal Dutch/Shell and Total.” (ShellNews.net) 10 April 05

The Observer (UK): Oil giants go on the prowl: “And if Shell thought it was safe, it ought to remind itself that TotalFinaElf, the French colossus, might dust off its takeover plans … and so on.” (ShellNews.net) 10 April 05

NEW SCIENTIST: Oil vs whales: “THE oil giant Shell has agreed to re-route a controversial oil pipeline off Russia’s east coast, apparently bowing to pressure from environmentalists. But campaigners say it is not the pipeline that is the problem, but the oil platforms.” (ShellNews.net) Posted 10 April 05

THE LONDON TIMES: Diversity can make all the difference: “The policy has proved good value for Shell…” (ShellNews.net) 10 April 05

THE WALL STREET JOURNAL: Shell, BP Win Oil Concessions Deals In Algeria (ShellNews.net) Posted 10 April 05

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