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Royal Dutch Shell News Monday, 25 April 2005

Royal Dutch Shell News Monday, 25 April 2005

THE NEW YORK TIMES: Natural Gas Makes Qatar Richest Country: “In 1971, when Shell’s prospectors found the gas bubble while drilling for oil offshore, gas was seen as a useless byproduct, flared off when recovering oil.”: “The world has changed since then. Demand for clean-burning gas for heating and power plants has soared. And gas resources in the industrialized world are drying up.” (ShellNews.net) Posted 25 April 05

The Guardian (UK): Crackdown on ‘failure payouts’: Directors of ailing firms handed huge bonuses must repay their unearned reward, says investor group:  “It is also believed that cash handouts to Shell executives, paid after last year’s reserves scandal, should be repaid.”: “Foreign & Colonial also singled out Sir Phil Watts at Shell, who was ousted in March with more than £1m to cover his monthly salary to June 2005. “His bonuses were paid on the basis of [oil] reserves that were not there,” (ShellNews.net) 25 April 05

Asia Pulse: ROYAL DUTCH/SHELL TO SELL GAS TO INDIA’S GSPC AT US$3.70 PER MBTU: “This is the first cargo that Shell has sold from the terminal. The gas has been sourced from Australia’s North West Shelf project, in which Shell has a 22 per cent stake.” (ShellNews.net) 25 April 05

THE WASHINGTON TIMES: Singh wins Shell Houston Open: “Vijay Singh parred the first playoff hole Sunday to defeat John Daly and become the first repeat winner of the Shell Houston Open.” (ShellNews.net) 25April 05

THE SCOTSMAN: BP and Shell set to cash in on oil surge: “Shell is preparing for a new phase when its Dutch and UK parent companies merge this year and Thursday will see it announce a quarterly dividend for the first time alongside its results for the three months to end-March.” (ShellNews.net) 25 April 05

FINANCIAL TIMES: UK market share gains to bolster Imperial growth: “Shell… is unlikely to provide positive news on production, and could suffer from its greater reliance on production-sharing deals with countries such as Nigeria, Malaysia and the UAE.” (ShellNews.net) 25 April 05

Monday, 25 April 2005

THE NEW YORK TIMES: Natural Gas Makes Qatar Richest Country: “In 1971, when Shell’s prospectors found the gas bubble while drilling for oil offshore, gas was seen as a useless byproduct, flared off when recovering oil.”: “The world has changed since then. Demand for clean-burning gas for heating and power plants has soared. And gas resources in the industrialized world are drying up.” (ShellNews.net) Posted 25 April 05

The Guardian (UK): Crackdown on ‘failure payouts’: Directors of ailing firms handed huge bonuses must repay their unearned reward, says investor group:  “It is also believed that cash handouts to Shell executives, paid after last year’s reserves scandal, should be repaid.”: “Foreign & Colonial also singled out Sir Phil Watts at Shell, who was ousted in March with more than £1m to cover his monthly salary to June 2005. “His bonuses were paid on the basis of [oil] reserves that were not there,” (ShellNews.net) 25 April 05

Asia Pulse: ROYAL DUTCH/SHELL TO SELL GAS TO INDIA’S GSPC AT US$3.70 PER MBTU: “This is the first cargo that Shell has sold from the terminal. The gas has been sourced from Australia’s North West Shelf project, in which Shell has a 22 per cent stake.” (ShellNews.net) 25 April 05

THE WASHINGTON TIMES: Singh wins Shell Houston Open: “Vijay Singh parred the first playoff hole Sunday to defeat John Daly and become the first repeat winner of the Shell Houston Open.” (ShellNews.net) 25April 05

THE SCOTSMAN: BP and Shell set to cash in on oil surge: “Shell is preparing for a new phase when its Dutch and UK parent companies merge this year and Thursday will see it announce a quarterly dividend for the first time alongside its results for the three months to end-March.” (ShellNews.net) 25 April 05

FINANCIAL TIMES: UK market share gains to bolster Imperial growth: “Shell… is unlikely to provide positive news on production, and could suffer from its greater reliance on production-sharing deals with countries such as Nigeria, Malaysia and the UAE.” (ShellNews.net) 25 April 05

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