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Shell insider trading case closes

Lawyers arguing claims brought by former Southern Petroleum investors against oil giant Shell in New Zealand's longest-running insider trading case say it could be Christmas before a decision is reached.

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Long and costly battle for the shareholder

Thus the plaintiffs in the just-completed case were Rosemary Haylock, a Southern Petroleum shareholder, Stuart Cairns and Hugh Green and the defendants Jim Patek and Shell Exploration. Shell is responsible for all the plaintiffs' and defendants' costs.

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

Shell flagship closes for remedial work

Shell Oil's flagship $1.5 million Hawera fuel station is being ripped apart and rebuilt, less than five months after the official opening in January.

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

Shell to produce more gas from three Pohokura wells

NEW PLYMOUTH, NEW ZEALAND: Shell expects to bring three more subsea wells on stream over the next few weeks at the Pohokura gas field off the Taranaki coast.

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

Oil crisis triggers fevered scramble for the world’s seabed

A fevered scramble for control of the world's seabed is going on - mostly in secret - at a little known office of the United Nations in New York.

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

Claims of insider trading ‘ill-advised’

About 700 former Southern Petroleum shareholders are seeking tens of millions of dollars from oil giant Shell in New Zealand's longest running insider trading case.

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

Multimillion dollar lawsuit against Shell longest running insider trading case in New Zealand: trial resumes today, 19 May 2008

Former Southern Petroleum investors, who are seeking tens of millions of dollars from oil giant Shell in New Zealand's longest running insider trading case, have been told the price paid for their shares could have been up to 14 times greater.

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

Trial underway against Shell Exploration New Zealand

Five weeks have been put aside for the court hearing of the action by 700 former Southern shareholders who are suing Shell Exploration New Zealand...

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

The Age (Australia): Shell-Todd `Pohokura’ row goes to trial

The Age (Australia): Shell-Todd `Pohokura’ row goes to trial

“Energy heavyweights Shell New Zealand and Todd Petroleum will take a row over who develops and operates the gas field Pohokura to a full trial – a fresh sign their 50-year relationship is falling apart.”

Tuesday 26 July 2005

Energy heavyweights Shell New Zealand and Todd Petroleum will take a row over who develops and operates the gas field Pohokura to a full trial – a fresh sign their 50-year relationship is falling apart.

The High Court rejected Todd’s application for an interim injunction to stop Shell and Austrian oil company OMV voting to stop Shell Todd Oil Services acting as operator of the gas field, sited off the Taranaki coast.

Todd said that it intended to appeal against the decision. read more

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

Shell faces down Todd Petroleum over Pohokura gas field

Stuff.co.nz (New Zealand): Shell faces down Todd Petroleum over Pohokura gas field

“A legal battle between owners of the Pohokura gas field is back in the High Court today, as global energy giant Shell faces down our home-grown big shot, Todd Petroleum.”

Tuesday 12 July 2005

A legal battle between owners of the Pohokura gas field is back in the High Court today, as global energy giant Shell faces down our home-grown big shot, Todd Petroleum.

The two companies are fighting over who will operate the offshore natural gas field, which is due to start producing next year.

It is currently operated by Shell Todd Oil Services, a 50-50 joint venture that has been running oil and gas enterprises for the past 50 years.

The gas field, sited off the Taranaki coast, is owned by Shell, which has 48 per cent, and Todd and the European energy company OMV, each of whom own 26 per cent. read more

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

NZ Watchdog Says May Revoke Pohokura Gas Marketing Deal-2

Yahoo/Dow Jones Newswires: NZ Watchdog Says May Revoke Pohokura Gas Marketing Deal-2

“Commission Chair Paula Rebstock said that Shell Exploration New Zealand and OMV New Zealand have informed the commission in April this year that the parties have decided to market gas from the field separately.”

Thursday September 30

WELLINGTON (Dow Jones)–New Zealand’s Commerce Commission Thursday said it is considering revoking its decision to approve a joint marketing deal between four companies to sell gas produced from the North Island’s Pohokura gas field.

The Commission said that a material change in circumstances may have occurred since the approval was granted in September last year.

Commission Chair Paula Rebstock said that Shell Exploration New Zealand and OMV New Zealand have informed the commission in April this year that the parties have decided to market gas from the field separately. read more

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

New Zealand City: Fuel price hike expected says Shell

New Zealand City: Fuel price hike expected says Shell

Oil company not surprised production problems in Russia can drive up world fuel prices-expected to happen here too

31 July 2004

It is no surprise to one major oil company that production problems in Russia can drive up world fuel prices.

US light crude has hit a new all-time high, closing at $US43.80 a barrel. The price is tipped to hit $US45 soon.

Shell spokesman Simon King says a range of international events can affect world prices.

He says events in the Middle East can affect it as well as disruption to supplies in Russia. read more

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

CityWire.co.uk: Shell draws a blank after drilling several unsuccessful wells

CityWire.co.uk: Shell draws a blank: “after drilling several unsuccessful wells”

By Dylan Lobo, Market Reporter

Posted 3 July 04

Shell faces a charge of £182 million in the second quarter after drilling several unsuccessful wells and completing extensive geological studies.

The failed wells were joint ventures with Enterprise Oil and include wells drilled in the North Sea and offshore Ireland. Shell (SHEL) said that reserves would be unaffected by the charge.

Shell offset the charge with news of the $530 million (£293 million) sale of Midwest refined product pipeline system and storage assets in the US to Buckeye Partners. The group also plans to sell its Peruvian service station network and industrial and marine fuels businesses. read more

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

sg.biz.yahoo.com: Shell New Zealand Approves Pohokura Gas Field

sg.biz.yahoo.com: Shell New Zealand Approves Pohokura Gas Field

Edited Press Release

Wednesday June 30, 5:56 PM

LONDON (Dow Jones)–Shell New Zealand said Wednesday that it has formally given the green light to the development of the Pohokura gas field, when it signed off the Final Investment Decision (FID).

Shell New Zealand Exploration and Production Commercial Manager Ajit Bansal said Shell was still anticipating first gas to flow from Pohokura in mid 2006.

“We are confident that the project is on track to deliver first gas in mid 2006. Given New Zealand’s critical need for more gas, Shell is very aware that Pohokura needs to be up and running in a timely manner”, he said. read more

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

Shell NZ Says Sells Pohokura Gas To NGC Holdings -2-

Yahoo.com Shell NZ Says Sells Pohokura Gas To NGC Holdings -2-

 

Monday May 24 2004

 

WELLINGTON (Dow Jones)–Shell New Zealand Ltd., a unit of Royal Dutch/Shell (RD), Monday said it has signed a long-term contract to supply NGC Holdings Ltd. (NGC.NZ) with gas from the offshore Pohokura field.

 

The agreement with NGC Holdings follows Shell’s statement Friday that it had sold Pohokura gas to Contact Energy Ltd. (CEN.NZ), Genesis Power Ltd. (GPW.YY), and Multi Gas NZ Ltd.

 

The contract with NGC couldn’t be revealed Friday because legal issues were still being sorted out. read more

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
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