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Silly summer season speculation

Financial Times: European Comment: Not all that far-fetched: “Total’s cautious boss Thierry Desmarest has shown he can pull off big takeovers, with Elf and Petrofina. He has plenty of cash and more to come”

By Paul Betts

17 August 04

It may be silly summer season speculation. At least this is how the markets on Monday took revived talk of French oil champion Total bidding for Royal Dutch/Shell. But is it really so far-fetched?

The odds of Air France merging with KLM always looked slim. How could the French succeed where British Airways failed?

If anyone was to take over the Dutch airline, the British seemed best placed considering the once much-admired Anglo-Dutch business model long established by the likes of Unilever and Shell. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Total Resumes Nigeria Production

The Wall Street Journal: Total Resumes Nigeria Production

“5 Top Jobs To Nigerians: “Similar disputes were simmering Thursday in Shell”

DOW JONES NEWSWIRES

July 8, 2004 3:57 p.m.

LAGOS, Nigeria (AP)–Energy giant Total S.A.’s (TOT) subsidiary said it was pumping oil and gas again Thursday, ending a six-day shutdown over fears that a threatened oil union strike could bring violence.

Elf Nigeria, Total’s subsidiary in Africa’s leading oil-producing nation, agreed to give five top oil-field jobs to Nigerians, unions said, answering their immediate complaint that supervisor positions were going to expatriates.

Production resumed by midday and was expected to return to full capacity within 12 to 24 hours, an Elf Nigeria spokesman said. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Don and Shell end Smart row

Speculation in the industry suggests that the sudden capitulation points to the possibility of a merger between Shell and another major petrol brand.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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