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SHELL NEWS ARCHIVE SATURDAY 10 DECEMBER 2005

SHELL NEWS ARCHIVE SATURDAY 10 DECEMBER 2005

ShellNews.net: ALMOST 2 YRS AFTER THE RESERVES FRAUD, SHELL’S REPUTATION IS STILL RANKED IN THE CORPORATE GUTTER ALONGSIDE ENRON: “Sir Philip must qualify as the worlds greatest conman having pulled off a multi-billion dollar scam while retaining an $18 million dollar payoff/pension pot”: (revised Sat 10 Dec 05): READ
 
Petroleum News: Platts: Big oil dominates global energy: “Royal Dutch/Shell, which ranked first in last year’s survey, “has had a tough time of it since,” Platts said, explaining that “a huge reserves overbooking scandal, the firing of very senior officers, regulatory authority investigations in three countries, criminal proceedings, and substantial fines combined to spur a previously unthinkable radical organizational shake-up.”: Saturday 10 December 2005: READ
Financial Times: Sibir shares hit record high: “Sibir said the cash would help fund the development of its main Siberian oil field, Salym, which is operated by Shell.”: Saturday 10 December 2005: READ
 
THE WALL STREET JOURNAL: China and India Team Up To Try to Buy Stake in Oil Field: “It is unclear whether the joint China-India bid for a stake in the Syrian oil company will succeed. Al Furat Petroleum Co. is a joint venture between Petro-Canada Royal Dutch Shell’s Syrian subsidiary and the state-owned Syrian Petroleum Company.”: Posted Saturday 10 December 2005: READ
 
BBC Monitoring Service: Nigeria, US sign security deal in oil rich region: “Shell, Chevron and Total are the companies that suffered the production losses following the forced closure of their facilities in the region”.: Saturday December 10, 2005: READ
 
Petroleum News: Timor-Australia cut deal on Sunrise gas: “Chevron has 50 percent of Gorgon, while Shell and ExxonMobil own a quarter each. Shell has said its share of the production will go to Sempra’s Baja California terminal.”: Saturday 10 Dec 2005: READ
 
Petroleum News: Cash flow bolsters Canadian cap-ex: “One-fifth of Shell Canada’s capital budget, C$465 million, will be spent on the first-stage expansion of the Athabasca oil sands facility, operated 60 percent by Shell, with 20 percent held by both Chevron Canada and Western Oil Sands.”: Saturday 10 December 2005: READ
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