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Shell News Archive Tuesday 29 November, 2005

Shell News Archive Tuesday 29 November, 2005

Ferret.com.au: Emerson awarded major Sakhalin II contracts (with added commentary by a Shell Insider): 29 November 2005: READ
 
ShellNews.net: European Bank for Reconstruction and Development defers Sakhalin2 decision for one month?: Tuesday 29 November 2005: 07.00am EST: READ
 
ThisDayOnline (Nigeria): At Last, Bonga Oil Field Begins Production: Project costs $3.6bn, says Shell: (With added commentary by a Shell Insider): Tuesday 29 November 2005: READ
 
BankWatch.com: No public financing for Shell’s Sakhalin II project!: Posted 29 November 2005: READ
 
Ireland On-Line: New call for scrapping of Corrib gas project: Posted 29 November 2005: READ
Financial Times: Shell’s Bonga starts production: “Royal Dutch Shell yesterday announced the start of oil production from its Bonga field in offshore Nigeria, two years behind schedule and about $1bn (£581m) over budget.”: “…the project’s troubled history has harmed the company’s reputation when it comes to executing large and technically-challenging projects.Costs at Shell’s flagship Sakhalin-2 project in Russia have already doubled to $20bn and the company has also faced rising costs at its oil sands project in Canada.”: Tuesday 29 November 2005: READ
 
The New York Times: Protests Hit Nigerian Oil State Under Army Watch: “Right now, we don’t think we are threatened. Our normal operations and routine continue,” said a spokesman of Royal Dutch Shell, which accounts for almost half of Nigeria’s output.”: Posted Tuesday 29 November 2005: READ
 
LexPress.mu: POLITICS: Civil Society, where art thou?: “In a case that is still ongoing in Ireland, there has been the clearest example of a corporate and political conspiracy against the people. But it also refreshingly demonstrates the great potential within society to resist forces against its interests. The multinational in question is Royal Dutch – Shell, a company that we are all too familiar with in Africa.”: Tuesday 29 November 2005: READ

:ShellNews.net: Dynamite Email from Shell insider: “I am a Shell employee but of late we not allowed anymore to freely ventilate our concerns to management by fear which reigns inside the company. Therefore I take the unusual step to send this email to you from my home address and trust you will keep me anonymous.”: “The last few weeks there has been a great number of articles on Sakhalin and other disasters on your site. The one that made me write this email was the interview with Linda Cook.”: “…the ‘poodle’ of Phil Watts…”: November 2005: READ

THE WALL STREET JOURNAL: Big Oil Firms Join Hunt For Natural Gas in U.S.: “The world’s three largest energy companies — Exxon Mobil Corp., BP PLC and Royal Dutch Shell PLC — are stepping up their hunt for natural gas in a place they have largely ignored in recent years: the continental U.S.”: Tuesday 29 Nov 2005: READ
The Times: BP to spend $8bn on green energy: “The new commitment of $1.8 billion will raise a political challenge to Shell, its rival, which has also promoted green energy and invested $1.5 billion in renewables, including a big push into wind power in Britain.”: Tuesday 29 November 2005: READ
 
Daily Telegraph: BP pledges $8bn for solar power: “Shell yesterday said production was beginning on its Bonga deep water platform off Nigeria, following repeated delays and overruns.”: Tuesday 29 November 2005: READ
 
Business Times (Malaysia): Shell Refining posts lower Q3 net profit: Tuesday November 29, 2005: READ
 
The Independent: BP looks ‘beyond petroleum’ with $8bn renewables spend: “Shell, the other UK energy giant, has not laid out its long-term investment plans for renewables, although a spokeswoman said it had the broadest mix of activities in this area, including geothermal and biofuels projects.”: Tuesday 29 November 2005: READ
 
AFX Europe (Focus): China’s CNOOC still sees possibility of cooperation with Gorgon – Xinhua: “Gorgon is off Australia’s western coast and is the country’s largest discovered reserve to date, estimated at over 9.6 trln cubic feet.”: “Currently, Chevron has a 50 pct stake in the Gorgon project with ExxonMobil and Shell each holding a 25 pct share.”: Tuesday November 29, 2005: READ

Financial Times: China and India put rivalry aside in Syria bid: “State-owned CNPC and ONGC are believed to be working on a joint offer to buy Petro-Canada’s 38 per cent stake in Al Furat Production Company, Syria’s largest oil producer, which is operated and majority-owned by Royal Dutch Shell.”: Tuesday 29 November 2005: READ

Financial Times: Lifer is still doing time at the top: “Among more recent chief executive appointments, Jeroen van der Veer, head of Royal Dutch Shell, joined the oil group in 1971 after military service.”: Tuesday 29 November 2005: READ

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