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Shell News Archive Thursday 1 December 2005

Shell News Archive Thursday 1 December 2005

Forbes/AFX News Limited: Shell, Naftogaz sign gas exploration pact in Ukraine: “This marks Shell’s first upstream business in Ukraine.”: Thursday 1 December 2005: READ
Seattle Post-Intelligencer: BP, Shell to form joint ventures with co.: BP PLC and Royal Dutch Shell PLC have agreed to form joint ventures with Venezuela’s state oil company, replacing old contracts under which they pumped crude independently, Venezuela’s oil minister said Thursday.: December 1, 2005: READ
The New York Times: Oil Executives Deny Misleading Congress: “John Hofmeister, chairman of Shell Oil Co., said Shell representatives did not meet with the task force but added, ”Shell representatives did meet with the administration — including the vice president and his staff — on a broad range of energy policy issues.”: Posted Thursday 1 Dec 05: READ
Dow Jones Newswires: Russia Concerned By Shell Sakhalin Cost-Local Official -3 Close: “The Russian government is seriously concerned by rising costs at the Sakhalin 2 energy project, managed by Royal Dutch Shell PLC…”: “The project is facing estimated costs of $20 billion, double the original $10 billion projection. The Russian government has a say in any budget revision as part of the production-sharing agreement it signed with the project’s partners.”: Posted Thursday 1 December 2005: READ
The Times: Need to Know: “Royal Dutch Shell, the Anglo-Dutch oil giant, said that it did not expect the Russian Government to decide before June next year whether to allow the partners in the giant Sakhalin-2 gas and oil project to reclaim an extra $10 billion (£5.8 billion) in costs from project revenues.”: Thursday 1 December 2005: READ
Financial Times: Shell puts in a dismal performance after downgrade on European oils: Thursday 1 December 2005: READ
Lloyds List: Sakhalin II seeks six ships to cover exports: “The Shell-led consortium needs two more LNG carriers to transport the hydrocarbon product from its $20bn Sakhalin project to US regasification facilities from 2008.”: Thursday Dec 01, 2005: READ
Western People: Shell dismisses pipeline report: “The Managing Director of Shell E & P, Mr Andy Pyle has dismissed the report launched last week on the Corrib project by the Centre for Public Inquiry as “speculative and emotive and based on a limited amount of technical information”.: Posted Thursday 1 December 2005: READ
Forbes/AFX News Limited: Royal Dutch Shell sells Cameroon downstream ops to Chevron for undisclosed sum: Posted 1 December 2005: READ and its sister websites,,,,, and are all owned by John Donovan. There is also a Wikipedia article.

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