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Shell News Archive Sunday 4 December 2005

Shell News Archive Sunday 4 December 2005

ShellNews.net: An Open Letter to Jean Lemierre, President, European Bank for Reconstruction and Development, regarding Shell’s Sakhalin II loan application: “Perhaps if more time had been spent on project management rather than ego and status driven pursuits and personal enrichment by Shell senior management, Shell would not be in the almost perpetual state of crisis which its stakeholders have witnessed in recent years.”: Sunday 4 December 2005: 00.15am EST READ

Financial Mail on Sunday: “…RIDING ROUGHSHOD OVER SMALL INVESTORS”: “The issue first came to prominence this year when Shell merged its Dutch and British arms, leaving thousands of individuals with capital gains tax bills often as high as a third of the value of their shares. Shell was persuaded to rethink, but not before 3,000 had sold out and handed much of their windfall to the Exchequer. Such thoughtlessness is…”: 4 December 2005: READ

The Sunday Business Post (Ireland): Unsuccessful Shell bidder demands re-run of bid process: “Mandraki wants Shell to either re-run the bid process, or to pay it €1.5 million for wasted bid costs, as well as a ‘further significant sum’ in compensation. It said it would take legal action if Shell did not agree to re-run the process or pay the compensation.”: Sunday 04 December 2005: READ

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