• Prime Minister Tony Blair, aiming to spur construction of nuclear and wind power plants, must raise the cost of pollution permits to discourage natural gas and coal-fired generators, advisers said.
• Paul Morgan, chief executive officer of Regal Petroleum, has resigned with immediate effect, citing personal reasons.
• Aurelian Oil & Gas, which expects to begin production in Romania this quarter, is planning an initial public offering in July or August that will raise as much as £16.7m.
• BP’s Russian venture received $2.18bn in back tax claims at the end of last year and the beginning of 2006.
• Invensys, whose controls run oil refineries and Whirlpool washing machines, raised £341m in a rights offering to cut debt.
• Loadings of North Sea Brent crude, which forms part of the price benchmark for two-thirds of the world’s oil, will fall by about 9pc next month, according to operator Royal Dutch Shell.
This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
