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Shell CEO Jeroen van der Veer doesn’t expect oil supplies to run short

Bloomberg

 

 

EXTRACTS FROM BLOOMBERG ARTICLES PUBLISHED 7 JULY 2008

Royal Dutch Shell Plc (RDSA NA): Chief Executive Officer Jeroen van der Veer doesn’t expect oil supplies to run short, even in the long-term, Swiss newspaper Finanz und Wirtschaft reported, citing an interview.

Separately, Europe’s largest oil company and BP Plc can explore for oil in Alaska’s Arctic waters, according to a ruling by a federal judge in Anchorage, who dismissed a lawsuit that sought to block the companies’ exploration plans. Shell fell 23.5 cents, or 0.9 percent, to 24.88 euros. read more

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