Royal Dutch Shell News Thursday, 28 April 2005
THE WALL STREET JOURNAL: Shell Net Profit +42% On High Oil, US Margins (ShellNews.net) 28 April 05
Manchester Evening News (UK): Shell’s £1.6m an hour: “OIL giant Shell today announced it is making profits of £1.6 million every hour – as soaring petrol prices raise the threat of more fuel protests.” (ShellNews.net) 28 April 05
FINANCIAL TIMES: Royal/Dutch Shell beats forecasts as profits rise 28%: “Shell is looking to recover from the scandal that led to it cutting its proved reserves by a third. It also replaced only one in five of the barrels of oil and gas it extracted last year.” (ShellNews.net) 28 April 05
FINANCIAL TIMES: Shell fined after oil workers’ deaths: “Speaking outside court, Greg Hill, production director for Shell Exploration and Production in Europe, said: “It is clear that we had failures in our systems and we feel 100 per cent responsible for the deaths of these men.” (ShellNews.net) 28 April 05
THE NEW YORK TIMES: Court Fines Shell Over Workers’ Deaths: “A Scottish court on Wednesday fined oil giant Shell $1.7 million for the deaths of two workers on an offshore platform in the North Sea. Shell U.K. Limited, part of the Royal Dutch/Shell Group of Companies, had earlier pleaded guilty to three counts of breaching health and safety legislation in relation to the deaths of workers Sean McCue and Keith Moncrieff.”: “Shell’s European production director Greg Hill said the company accepted 100 percent responsibility for the men’s deaths.” (ShellNews.net) 28 April 05
The Guardian (UK): Regulators: Business roundup: FSA names successor to Procter: “Mr Procter had been the FSA’s director of enforcement for four years. His tenure will be best remembered for a run of controversial cases. They included… the pounds 17m market abuse fine against Shell – the largest fine ever imposed by a British financial regulator, but still less than 0.2% of the oil group’s profits.” (ShellNews.net) 28 April 05
This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.