Royal Dutch Shell Plc  .com Rotating Header Image

Shell News Archive Tuesday 13 December 2005

Shell News Archive Tuesday 13 December 2005

REUTERS: Shell, hedge fund reach deal in merger court case: “Trafalgar Catalyst Fund and Trafalgar Volatility Fund agreed to withdraw their claims, in return for Shell agreeing that an independent adviser would review the cash prices it had decided to pay minority shareholders owning the remaining 1.5 percent of Royal Dutch.”: Tuesday December 13, 2005 9:23 AM ET: READ
 
Financial Times: Shell plans Sakhalin expansion: Posted Tuesday 13 December 2005: READ
 
BLOOMBERG: Shell, Mitsubishi Heavy to Study Raising Crude Oil Production: Tuesday 13 December 2005: READ
 
REUTERS: UPDATE 1-Shell ups 2006 capex plan to $19 bln as costs soar: Royal Dutch Shell Plc will have to invest $4 billion more than previously planned in the coming year, as costs soar and the firm tries to turn around its industry-lagging record on finding oil. Tuesday 13 December 2005, 3:03am EST: READ
 
BLOOMBERG: Shell’s Spending on Drilling, Equipment to Rise to $19 Billion: “Rising prices for labor and raw materials such as steel have sent costs soaring at projects including Shell’s Sakhalin-2 venture. Its Bonga offshore oil field in Nigeria started late and over budget.”: “Surging prices caused costs for Shell’s Sakhalin joint venture, which includes a liquefied natural gas export terminal, to balloon to about $20 billion from an original budget of $10 billion, Shell has said. The overruns have prompted Russian state- run gas company OAO Gazprom, which plans to buy a stake in the venture by swapping other assets with Shell, to reevaluate the terms of the transaction.”: Tuesday 13 December 2005: READ
 
The Guardian: ConocoPhillips in talks to buy Burlington for $30bn The possibility of a new wave of massive mergers by cash-rich oil groups was signalled yesterday…”: “Today Shell will show its intention to spend more of its cash mountain when it unveils plans to increase its annual capital expenditure from $15bn to $20bn.”: “Shell’s Sakhalin gas project in eastern Siberia has run wildly over-budget, as did its Bonga field in Nigeria, which has just begun operating, one year late…” Tuesday 13 December 2005: READ
 
THE WALL STREET JOURNAL: Conoco Purchase May Start Spree Of Energy Deals: “As for buyers, European energy giants Royal Dutch Shell PLC, Total SA and BG Group PLC all could be hankering for an extra serving of North American gas this holiday season, say energy-industry observers.”: “…though Shell executives have all but ruled out a $10 billion or larger acquisition, saying it would be hard to find an attractive big target at today’s valuations.”: Tuesday 13 December 2005: READ
 
Daily Telegraph: Conoco in $30bn merger talks: “Energy companies are turning to deals because exploration possibilities are becoming increasingly limited.”: “Shell has been reported to be running the slide rule over EnCana, the largest producer of natural gas in the US and Canada.”: Tuesday 13 December 2005: READ
 
The Guardian: Oil industry defends its safety record: “Workers have been evacuated from a series of platforms such as Marathon’s Brae field one and Shell’s Cormorant and Dunlin platforms after gas leaks over the last 18 months.”: Tuesday 13 December 2005: READ
 
AFX Europe (Focus): Total, Shell plan 200 mln eur wind power station off French coast – report Posted 13 December, 2005: READ
 
The New York Times: Nigerians Try to ID Kin Killed in Crash: “The other survivors have burns over as much as 40 percent of their bodies and are being treated in a clinic run by the Shell oil company.”: Posted Tuesday 13 December 2005: READ

Houston Chronicle: Breaux to Shell Employees: Time for Industry Unity: “Shell’s commitment to return to its New Orleans offices early next year is a significant step in support of the city’s recovery. I applaud Shell for its commitment to come home.”: Posted Tuesday 13 December 2005: READ

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

0 Comments on “Shell News Archive Tuesday 13 December 2005”

Leave a Comment

%d bloggers like this: