Stanford Law School: Royal Dutch Petroleum Company (Shell): According to a press release dated September 2, 2005, Shell is to pay out $9.2 million and has agreed to make changes to its corporate governance in order to settle four lawsuits brought against it by disgruntled shareholders. However, the agreement is likely to be just the start of a new round of reserve scandal induced headaches for the company.”: September 2005: READ
Institutional Shareowner: Shell Doubles Cost Projections of Sakhalin II, Project Critics Redouble Opposition: "Shell is doing a very poor job on both internal governance and managing their own affairs, and communicating to their stakeholders and shareholders...": Posted Friday 30 September 2005: READ
The Wall Street Journal: Storms to Hurt Chevron's Profit: "Related Video: Shell Oil President John Hofmeister discusses efforts to bring hurricane-affected plants back online.": Posted Friday 30 September 2005: READ
AFX Europe (Focus): Venezuela tax office threatens to halt Shell ops over 130 mln usd tax – report: “Venezuela's Seniat tax office has threatened to halt production at Royal Dutch Shell…”: “The Seniat previously ordered the temporary suspension of Royal Dutch Shell's administrative activities in the country over VAT irregularities and requested from a local court an injunction to impound Shell's "assets and rights"…: Friday September 30, 2005: READ
Irish Times: Dempsey calls for end to Corrib dispute: “It is understood that legal teams for Shell and the five men were in contact last night with a view to a court hearing today which may result in the injunction being dropped.”: Friday September 30, 2005: READ
The New York Times: Exec: Oil Prices Linked to Capacity Boost: Higher oil prices and increased profits will give oil companies the incentive and leverage to make billions of dollars in new investments to expand refining and production, Royal Dutch Shell's chief executive said Thursday.": Posted Friday 30 September 2005: READ
Financial Times: Déjà VNU : “Having backed down to the demands of disgruntled shareholders at Royal Dutch Shell, Aad Jacobs, the oil company's non-executive chairman, is expending energy on smoothing problems at another of his charges: VNU.”: “Among those questioning the timing and rationale of one of the largest acquisitions attempted by a Dutch company is Eric Knight. It was his fund management company, Knight Vinke, that led calls for change at Shell.”: Published: September 30 2005 : READ
Red Nova: Cooperation Between Shell and Aramco to Develop Refinery in Texas: “…Saudi Arabia and the Shell Oil Company intend to increase to 600,000 barrels the daily oil refining capacity of their Port Arthur Refinery in the American state of Texas at a cost of $3.2 billion.”: Posted Friday 30 September 2005: READ
Gulf Times Newspaper: Sasol, Shell may license first coal-to-diesel project in US: “NEW YORK: Sasol Ltd, the world’s biggest maker of motor fuel from coal, and Royal Dutch Shell Plc are in talks to provide technology for the first US plant that will produce diesel from waste coal.”: Posted 30 September 2005: READ
Dow Jones Newswires: Shell, Todd To Battle In Court Over Gas Field: “WELLINGTON (Dow Jones)--Energy heavyweight Royal Dutch Shell Group's (RD) New Zealand unit, and privately owned Todd Petroleum Mining are set to square off in court next week over who operates the Pohokura gas field…”: Friday September 30, 2005: READ
New Straights Times (Malaysia): Shell upset over lack of warning before detonation of bomb: “Shell Malaysia chairman Datuk Jon Chadwick, in a circular to its staff, said he was obliged to take up the matter with the police.”: “I ask for your understanding on this matter. It needs a comprehensive, non-defensive investigation — and I undertake that this will be done," he said.: Posted Friday 30 September 2005: READ
PRNewswire: Houston Shell Stations Open, Conservation Still Important: “Shell Oil Products US and Motiva Enterprises LLC are pleased to report that all 400 Shell stations in Houston and the surrounding areas are open and have been refueled in record time thanks to valiant efforts by the companies' tanker drivers, retailers, wholesalers and employees.”: Posted Friday 30 Sept 2005: READ
The Age (Australia): Oil spill, plume cost Shell $10,000: “SHELL Australia has been fined $10,000 after an Environment Protection Authority investigation of two incidents at the oil giant's Geelong refinery. The EPA said yesterday two $5000 penalty notices had been issued against Shell for breaches of its licence.”: Friday :September 30, 2005: READ
Reuters: Shell says considering "new realities" of refining: “Chief Executive Jeroen van der Veer told Reuters in an interview that new refineries needed to be built. De-bottlenecking and brownfields will not be enough," he said…”: "If you start to tax away all the upside in the oil price, then we have less money to invest.”: Thursday Sep 29, 2005: Read
MarketWatch: Shell CEO says no Gazprom asset swap delay, seen finalized 2006: “In July, Shell announced a preliminary swap deal with Gazprom that would give the Russian gas giant up to 25% in the Sakhalin II project in exchange for a 50% interest in its massive Zapolyarnoye-Neocomian gas field in northern Russia. But one week later, Shell, that operates the Sakhalin oil and gas project in Russia's Far East, said it expected costs to double to $20 billion.”: Thursday 29 Sept 2005: READ
Financial Times: ENERGY: “Aramco, the Saudi kingdom's national oil company, is considering a plan to boost the output of its Motiva refinery in Houston by 45 per cent, along with its joint venture partner, Shell.”: “This summer, Jeroen Van der Veer, Shell's chief executive, commented that he did not see any tankers of crude sitting idle for want of refining capacity.”: Thursday 29 September 2005: READ
The New York Times: Chevron Oil Platform Is Adrift in the Gulf: "Offshore platforms, especially those that operate in deep water, are designed to withstand the most severe storms. Typhoon's accident came a few weeks after Royal Dutch Shell, the largest operator in the gulf, said that its Mars platform, which accounted for 15 percent of the gulf's oil production, had been damaged by Hurricane Katrina.": Thursday 29 September 2005: READ
Daily Independent (Nigeria): Shell donates children’s ward to Warri Central Hospital: Thursday 29 September 2005: READ
Irish Times; Shell set to dismantle pipeline section next week, says Dempsey: “The Minister for the Marine and Natural Resources, Noel Dempsey, has said that Shell E&P is expected to begin work next week on dismantling part of the controversial Corrib gas pipeline that was welded together without proper consent.”: “All development work has ceased on the onshore pipeline due to the ongoing controversy, which has seen five men spend more than 90 days in jail for refusing to purge their contempt of court over a refusal to comply with a High Court injunction obtained by Shell.”: Posted Thursday 29 September 2005: READ
AFX Asia (Focus): Shell, Turcas in retail venture in Turkey: “In a statement, Shell said it will own a 70 pct stake in the joint venture, while Turcas will hold the remaining 30 pct.”: Posted Thursday 29 September 2005: READ
Layover.com, PA: Shell, Motiva Back Online: “Shell Oil Company and Motiva Enterprises LLC, Houston TX, are reporting that both the North Houston and Pasadena Texas distribution terminals are fully operational after hurricane Rita.”: Posted Thursday 29 Sept 2005: READ
BARRON'S ONLINE: LNG Isn't Just Hot Air: Thursday 29 September 2005: READ
Kuwait Times: Major changes in offing as Kuwait revenues soar: “Three consortiums of IOCs are keen to lead the project that should produce five billion barrels of crude oil over a 20-year period. The group leaders are BP, heading Occidental Petroleum (US), ONGC Videsh and Indian Oil Corp.; ExxonMobil - Royal Dutch/Shell, ConocoPhillips (US) and Maersk Oil & Gas (Denmark); and ChevronTexaco - France's Total, Russia's Sibneft, Petrol- Canada and China's Sinopec.”: 29 September 2005: READ
Philippine Daily Inquirer: DOE orders Shell, Chevron to decide on Malampaya: “THE DEPARTMENT OF ENERGY HAS GIVEN members of the Malampaya Deep Water Gas-to-Power Project consortium until Sept. 30 to decide whether they will extract and develop oil from the natural gas find off northwest Palawan.”: 29 September 2005: READ
Financial Times: Set for Shell sell: "Royal Dutch Shell is set to name Burson-Marsteller as its corporate PR adviser.": Thursday 29 September 2005: READ
Financial Times: Exploration on song for Dana: “It has also agreed to buy a 40 per cent stake in the Babbage gas field in the southern North Sea from Shell.”: Thursday 29 September 2005: READ
Galway Independent (Ireland): "Shell to Sea march to the Dáil: "The Shell to Sea campaign will hold a national demonstration in Dublin on Saturday 1 October.": Wednesday 28 September 2005: READ
chinaview.cn: Solar industry needs stable markets: business leader: The solar-power industry needed stability to become competitive, the Vice President of Royal Dutch Shell's Hydrogen Business Jeremy Bentham said here on Wednesday.”: 28 September 2005: READ
Financial Times: “Iran threatens economic backlash over IAEA vote: “…European pressure over Iran's nuclear programme was putting at risk multi-billion dollar energy deals with oil majors, including Total and Royal Dutch Shell.”: Wednesday 28 Sept 2005: READ
The Independent: Oil reserves are double previous estimates, says Saudi 4: “The comments did have a soothing impact on the market. Despite early reports that Rita has sunk several rigs and left at least nine others adrift in the Gulf of Mexico, crude oil slipped 75 cents to end at $65.07 in New York yesterday.”: Wednesday 28 September 2005: READ
Lloyds List: Spending on ports keeps rising: “Royal Dutch Shell, along with its partners, TotalFinaElf and Mitsui, is developing a $370m LNG import facility in Altamira.”: Wednesday Sept 28, 2005: READ
ShellNews.net: Royal Dutch Shell farcical No. 2 ranking in the 2005 “Accountability Rating” published in FORTUNE magazine: Tuesday 27 September 2005 08.15am ET: READ
Ireland Online: Govt rules out mediator in Shell dispute: “Natural Resources Minister Noel Dempsey today faced a three-hour grilling on the issue…”: “Mr Dempsey also rejected claims that former ministers with responsibility for natural resources had any improper influence on awarding exploration contracts to oil giants like Shell.”: Tuesday 27/09/2005: READ
The Wall Street Journal: Storm News Tracker: Tuesday September 27, 2005 5:53 p.m.: READ
The New York Times: Gas Stations Violated Pricing Law, New Jersey Says: "Complaints were filed against stations selling Citgo, Hess, Shell and Sunoco brands, as well as their suppliers. In some cases, Mr. Harvey said, stations were said to have raised prices four or five times in one day...": "Companies that prey on hard-working families through fraudulent practices should feel the full force of the law.": Tuesday 27 September 2005: READ
Financial Times: Project delays 'drive up prices': “Royal Dutch Shell, Europe's second largest energy group by market capitalisation, this year made headlines with delays at its Sakhalin oil and natural gas project off Russia's east coast and its Bonga oilfield in Nigeria.”: Tuesday 27 September 2005: READ
Irish Times: Energy industry in US hit by Hurricane Rita: “…the most damage occurred at the three refineries in Port Arthur, Texas - Valero, Shell and Total - and the ExxonMobil refinery in Beaumont, Texas.”: Tuesday 27 September 2005: READ
The New York Times: Bush Urges Congress to Help US Refineries Expand: Tuesday 27 September 2005: READ
Reuters: Nigerian Bonga oilfield to start late Oct – Shell: “…Bonga… is over two years behind its original target start date and far above budget”: Mon Sep 26, 2005: READ
Daily Telegraph: 10,000 to march in support of jailed pipeline protesters: “Anger is mounting over the jailing of five landowners who have been in prison for nearly 100 days for objecting to Shell building a pipeline through one of the last European -wildernesses.”: “The case of the Rossport Five, a group of small-time farmers from Co Mayo, has become an international cause célèbre and resulted in widespread criticism of the oil company and the Irish government.”: Monday 26 September 2005: READ
Irish Emigrant Online (Ireland): No resolution to Shell dispute: “Earlier in the week it was reported that Shell has yet to comply with July's ministerial order to dismantle a section of the Corrib Gas pipeline which had been welded together without the proper Government consent.”: Monday 26 September 2005: READ
The Wall Street Journal: Storm's Damage To Energy Plants Appears Limited: "British energy giants BP PLC and Royal Dutch Shell PLC, two of the largest offshore operators, plan to deploy tankers to shuttle oil from their facilities ashore, after they concluded repairs would take months. Shell said it could take well into 2006 before it resumes normal operations.": Monday 26 September 2005: READ
The Wall Street Journal: Insurance Buyers Seek To Sidestep Rate Boost: "Since the early 1970s, the oil and energy industry has pooled many of its large risks in an insurance vehicle called Oil Insurance Ltd., or OIL, domiciled in Bermuda. It has more than 80 corporate members today, including industry giants Royal Dutch Shell PLC and ChevronTexaco Corp.": Monday 26 September 2005: READ
THE NEW YORK TIMES: Voices From the Storm: Staying Behind, to Help a City That Needed Him: Monday 26 September 2005: READ
The New York Times: Slowly Starting to Return, Evacuees Find a Road Less Traveled: Monday 26 September 2005: READ
AP Worldstream: Crude prices extend slide as oil industry dodges Rita bullet: “The price of crude oil extended its slide in Asian trade Monday, after Hurricane Rita narrowly missed crucial oil processing zones with relatively light damage reported. But with at least seven refineries without power in Texas and Lousiana, analysts caution such outages could lead to petroleum product shortages _ and higher prices _ with the Northern Hemisphere winter fast approaching.”: Monday Sept 26, 2005: READ
Asia Pulse: NORDIC COUNTRIES EYE ENERGY OPPORTUNITIES IN THE PHILIPPINES: “Shell Solar Philippines, Inc., one of the companies under the Royal Dutch Shell Group, is now implementing a solar home system project with the PNOC. It entails the installation of 15,000 solar home systems in off-grid locations.”: Monday Sept 26, 2005: READ
The New York Times: Oil Price Falls Almost $1 After Rita: Posted Monday 26 September 2005: READ
Daily Herald (Utah): Irish farmers' arrest instigates protesting: Sunday 25 September 2005: READ
The Wall Street Journal: Storm News Tracker: "Valero Energy's 255,000-barrel-a-day refinery in Port Arthur is standing in floodwater, as is Motiva Enterprises's 285,000-barrel-a-day refinery. Royal Dutch/Shell affiliate Shell Oil Co. owns 50% of Motiva.: Sunday September 25, 2005 2:34 a.m.: READ
The New York Times: Petrochemical Center Largely Spared, Initial Survey Indicates: "Royal Dutch Shell and Valero Energy said their Houston-area plants would be restarted as workers returned and power was fully restored.": Sunday 25 September 2005: READ
The Wall Street Journal: Key Refineries Appear To Weather Rita's Blast: "Shell said in a statement that there was wind damage to power lines and a cooling water-tower at its Port Arthur refinery, but no flooding. The company said it had no restart date yet for the plant.": Posted Sunday 25 Sept 2005: READ
AP Worldstream: Rita damages some refineries, but industry appears to dodge bullet: “In Port Arthur, refineries are owned by Valero, Total S.A. and Motiva, a joint venture between Royal Dutch Shell PLC and Saudi Refining Inc.”: Sunday Sept 25, 2005: READ
AME Info (Middle East): Shell promotes road safety to minimise risk of accidents: Sunday 25 September 2005: READ
Financial Times: TNT launches tax probe: "The Netherlands has seen its share of accounting scandals, notably the reserves crisis at Royal Dutch Shell and a near-€1bn fraud at Ahold, the grocery group, which led to criminal charges against senior management.": Saturday 24 Sept 2005: READ
PR Newswire: Hurricane Rita Update: Shell Restarts Facilities, Focuses on Re-Supplying Stations on Evacuation Routes: Saturday 24 September 2005: READ
The Wall Street Journal: Qatar to Fund Development Spree With $110 Billion in Financing: "Qatar has already fostered a booming liquefied-natural-gas industry, benefiting from soaring global demand to draw in well-heeled investment partners like Royal Dutch Shell PLC": Saturday 24 September 2005: READ
The Wall Street Journal: Water Pours Into New Orleans As Hurricane Rita Approaches: "Ships were barred from entering the Port of Lake Charles, the nation's 12th largest seaport. ConocoPhillips, Exxon Mobil, Citgo, Shell and Valero shut down operations and evacuated workers in the area.": Saturday 24 September 2005: READ
Daily Telegraph: Shell finally does the decent thing: "Shell performed an embarrassing U-turn this week and offered new tax-free merger terms to British investors in Royal Dutch Petroleum who were refusing to agree to the unification with Shell Transport & Trading. However, Shell is risking the wrath of British shareholders in Royal Dutch who accepted the terms of the deal": (Filed: Saturday 24/09/2005): Read
Daily Telegraph: Fidelity shows Shell how giants can care for small investors: “Any complacency about rising standards in the City would, however, be misplaced. Shell's half-hearted climbdown this week demonstrates that many boardroom fat cats continue to regard individual shareholders with disdain.” (Filed: Saturday 24/09/2005): READ
The Guardian (UK): Militants threaten Nigerian oil stations after leader's arrest: "We will unleash upon the government and its cohorts violence and mayhem never before reported in the history of the Nigerian state...": Saturday September 24, 2005: READ
The Guardian (UK): Energy firms prepare for storm damage: “More than a quarter of US oil-refining capacity is situated along the Texas and Louisiana coast. At least 15 refineries have closed, including plants owned by BP, Shell and ConocoPhillips, raising the prospect of a squeeze on petrol supply. This is on top of four refineries not back in operation after Katrina.”: Saturday September 24, 2005: READ
PRNewswire: Shell Provides Fuel Supply Update for Hurricane Rita Evacuees: Posted Saturday 24 Sept 2005: READ
Reuters: Rita Shift Means Less Damage: “The entire city of Port Arthur, Texas, was expected to be flooded with a storm surge of up to 22 feet. Port Arthur is home to several refineries including Motiva's 285,000 barrel per day plant…”: Posted Saturday 24 Sept 2005: READ
The Guardian (UK): Your money in their hands: “BP is a reasonably good quality business, but I don't think Shell is at all.”: Saturday September 24, 2005: READ
KHON2 (Hawaii) : Shell filing gas cap lawsuit: “The law puts a price cap on wholesale gas, and ties Hawaii's prices to mainland markets. Shell says it will comply with the law, as it pursues legal action to have it repealed.”: Saturday 24 Sept 2005: READ
AFX News Limited: ExxonMobil, Chevron, Shell among companies sued over Katrina devastation: Friday 23 Sept 2005: READ
The Wall Street Journal: Chevron Closes Facilities, Shell Evacuates Staff Amid Nigeria Unrest: "Chevron Corp. has shut down two oil flow stations and Royal Dutch Shell PLC has evacuated workers amid unrest in Nigeria's oil-rich delta, the companies said Friday.": Friday 23 Sept 2005: READ
Reuters: Shell says Houston pumps run dry as folks flee Rita: “Oil giant Royal Dutch Shell Plc said its stations in the Houston area of Texas had run out of fuel, as thousands of people swarmed highways to escape the approach of Hurricane Rita.”: Friday 23 Sep 2005: Read
Lloyds List: Texas refineries batten down for Rita: “Shell Oil closed its Houston-area refinery.”: Friday Sept 23, 2005: READ
Business Wire: FORTUNE Announces Results of Corporate Responsibility Survey; Companies in FORTUNE Global 100 Are Rated; European Companies Outrank Those in America and Asia: “Topping the survey is BP, followed by Royal Dutch Shell Group (No. 2)…”: "It's a business, not a moral, rating.": Posted Friday September 23, 2005: READ
The Guardian (UK): Albertan oil flows reversed as windfall goes to its citizens: “Each Albertan is to receive a so-called "prosperity bonus"…: Friday September 23, 2005: READ
BARRON'S ONLINE: Cheaper Oil May Not Sink Energy Stocks: "Of course, peak oil theorists and some Wall Street firms like Goldman Sachs expect oil prices to top $100 a barrel. And heavy demand from rapidly industrializing countries like China and India could keep prices high.": Posted Friday 23 Sept 2005: READ
THE NEW YORK TIMES: Nigerian Separatist Faces Treason Charge: “…protesting militants had taken over at least four oil flow stations run by Shell, the main producer in a country that is the world's eighth largest oil exporter and the fifth main supplier to the United States. Shell would neither confirm nor deny facilities had been seized.”: "In 1995, writer Ken Saro-Wiwa and eight other activists from his Ogoni tribe were executed under the brutal regime of then dictator Gen. Sani Abacha. They were hanged for the murder of four political rivals, but Saro-Wiwa's supporters say he was really targeted because he led protests against environmental damage by Shell.": Posted Friday 23 Sept 2005: READ
MetroNews (Canada): Shell Canada warns on oil products earnings: Thursday, September 22, 2005: READ
The Guardian (UK): Rita fears raise oil prices: “The Anglo-Dutch company Shell evacuated staff from its offices in the oil city of Port Harcourt in the Niger Delta, a region that accounts for most of Nigeria's 2.4 million barrels a day output.”: Thursday September 22, 2005: READ
AFX News Limited: Shell Nederland president sees five-fold rise in oil production costs: Thursday 22 Sept 2005: READ
ABC Money.co.uk: Royal Dutch Shell look to complete unification of UK and Dutch arms: "Following the reserves overbooking scandal last year, Royal Dutch Shell had opted to unify its UK and Dutch arms in a bid to restore confidence in the company.": Thursday 22 Sept 2005: READ
Galway Independent (IRELAND): Hundreds attend Rossport Five meeting: Thursday 22 Sept 2005: READ
Financial Times: ENERGY CONTRACTS 'UNDER THREAT': “European pressure over Iran's nuclear programme is putting at risk multi-billion dollar energy deals with oil majors, including Total and Royal Dutch Shell, Iranian officials have warned…”: Thursday 22 September 2005: READ
Lloyds List: Hundreds of LNG ships must be built says Cook: “Linda Cook, Royal Dutch Shell's executive director of gas and power, forecast demand for LNG cargoes will increase five-fold by 2030”: 'From a fleet of 179 ships we will need more than 600 while there are 69 under construction or on order.': Thursday Sept 22, 2005: READ
The New York Times: Refineries and Rigs Shut Down for Storm: Thursday 22 Sept 2005: READ
Reuters: HPCL to buy 26% in Shell's LNG terminal: “Hindustan Petroleum Corp. Ltd, plans to buy about a one quarter stake in Royal Dutch/Shell's 2.5 million tonnes LNG import terminal in Gujarat”: Thursday, 22 September, 2005: READ
The Wall Street Journal: Total May Use Atomic Power At Oil-Sand Project: "Shell Canada Ltd. said it isn't considering nuclear power as part of its oil-sands plans. Rather, the company said it is looking into the possibility of turning asphaltene, very heavy oil, into gas to save on its natural-gas bill.": Thursday 22 September 2005: READ
The Wall Street Journal: Hurricane Rita Strengthens Into a Category 5 Storm: Posted Thursday 22 September 2005: READ
The Wall Street Journal: Oil Price Settles 60 Cents Higher: "The forecast path, which has changed little in the past 36 hours, would take the storm about 100 miles southwest of Houston, putting some 13% of U.S. refining capacity potentially at risk of the storm's most dangerous winds.": Thursday 22 Sept 2005 READ
The Wall Street Journal: Status of Oil, Gas Production in Gulf: Posted Thursday 22 September 2005: READ
The Guardian (UK): Efforts to boost crude output hit by soaring costs: “The situation is particularly acute for Shell, whose 2004 annus horribilis of reserve downgrades has left it under extra pressure to rebuild its asset base quickly.”: Thursday September 22, 2005: READ
ShellNews.net: Is Royal Dutch Shell Plc adopting racist policies against its Malaysian employees?: Thursday 22 September 2005 00.10 am EDT NY: READ
Mayo News Online: Shell disappointed at mediation rejection: “SHELL E&P Ireland have promised to continue to seek means of opening dialogue with the Rossport Five in light of the refusal by the five men to accept an offer of mediation from the company”: Posted Thursday 22 Sept 2005: READ
Hindustan Times (India): Shell plans synthetic fuel production in Germany: Posted Thursday September 22, 2005: READ
The Times: Shelling out at last: “SHELL'S
chief executive, Jeroen van der Veer, should be after the head of whoever was
responsible for making him look mean and insensitive when, it now
transpires, this could have been avoided.”: Wednesday 21 September 2005:
READ
Daily Telegraph: Shell bows to UK investor
pressure: "Shell yesterday performed an
embarrassing U-turn and offered new tax-free merger terms to British
investors in Royal Dutch Petroleum:": "However, Shell is risking the wrath of
British shareholders in Royal Dutch who accepted the terms of the deal and have
been left with a multi-million pound tax bill. Shell said that it believed it
was not "appropriate" to compensate them.":
"I think they realised that they had
made a big mistake. I don't think they thought people would protest.":
Wednesday 21 Sept 2005:
READ
Daily Telegraph: At last Shell oil - but only for the squeaky wheels: “…the treatment of the British Royal Dutch holders is one of Shell's more disappointing episodes and an unwelcome throwback to its old reputation for corporate arrogance.”: Wednesday 21 Sept 2005: READ
THE NEW YORK TIMES: Nigeria Militants Set Deadline, Threaten Violence: 21 Sept 2005: READ
AFX News Limited: BP, Shell evacuate Gulf of Mexico staff as Hurricane Rita nears: Wednesday 21 Sept 2005: READ
Daily Telegraph: Cairn storms on after Indian field breaches forecasts: “Cairn has now found 2.5billion barrels of oil - 1.7billion of which have already been verified by independent consultant DeGolyer & MacNaughton - since January last year.”: “The company has drilled 100 wells - 12 of which have struck black gold - on a field the same size as 12 North Sea blocks. Cairn bought the prospect from Shell for just $7.25m (£4m) in 2002.”: Wednesday 21 Sept 2005: READ
Daily Mail: Shell's pain is Cairn Energy's gain: "Canny Scottish operator Cairn bought the Indian fields three years ago for just £4m - from Shell.": Wednesday 21 Sept 2005: READ
Reuters: Shell may need to pay cash for Sakhalin swap-Gazprom: “Russian gas giant Gazprom said on Wednesday that Shell might have to pay it cash as part of an asset swap after the oil major doubled the project's cost estimates in July to $20 billion.”: Wednesday 21 Sept 2005: READ
The Times: Royal Dutch Shell offers way out of £77m tax bill: “ROYAL DUTCH SHELL, the newly unified oil and gas group, has moved to appease a small group of disgruntled British shareholders by proposing a way to avoid a £77 million tax bill.”: Wednesday 21 Sept 2005: READ
Financial Times: Shell offers way out of tax glitch: “Royal Dutch Shell has belatedly found a solution to a problem that had created an immediate capital gains tax liability for some of its UK private shareholders.”: “There would be no compensation for shareholders who had already tendered their shares, Shell said.”: Wednesday 21 Sept 2005: READ
The Independent: Shell offers investors deal to avert tax threat: “The oil giant, Royal Dutch Shell, backed down yesterday in the face of protests…”: “However, the company was still criticised for coming up with the scheme too late to help hundreds of Royal Dutch shareholders who have already agreed to swap their old shares for ones in the new unified company, thereby triggering tax demands averaging £27,000.”: Wednesday 21 Sept 2005: READ
Lloyds List: US Coast Guard joins huge post-Katrina operation to scoop up oil spills: Biggest operation at Cox Bay on Mississippi River recovers 1m gallons, writes Michael Grey: "More than 1m gallons of oil had also been discharged from Shell's facility at Pilot Town in the Mississippi Delta, although some 718,000 gallons had been recovered and 105,000 evaporated or naturally dispersed.": Wednesday Sept 21, 2005: READ
Stuff.co.nz (New Zealand): Royal Dutch Shell moves to round off unification: “Royal Dutch Shell unified its British and Dutch arms in July in a bid to restore confidence after a damaging reserves overbooking scandal last year…”: Wednesday 21 September 2005: READ
THE NEW YORK TIMES: OPEC's Plans Will Bind the West Closer: “OPEC says it is stepping in where big oil firms are reluctant to tread. The likes of Royal Dutch Shell, BP and Exxon Mobil need convincing that returns will be adequate before they spend the billions of dollars needed to build a refinery.”: Posted Wednesday 21 Sept 2005: READ
Financial Times: Mudlark: Knight shows when it pays to say No: “In the case of Shell, with a reputation to look after, it was inevitable that a face-saving solution would be found. It’s odd that Shell’s advisers, who were paid $115m (£64m), didn’t think of it earlier.”: Tuesday 20 Sept 2005: READ
Financial Times: Japan accuses China in oilfield dispute: “Chinese oil producers CNOOC and Sinopec claim to own Tianwaitian jointly, with the former especially active in exploring the area. The two companies signed an agreement with Shell and Unocal in 2003 to invest in the East China fields together, but the western groups pulled out in 2004, citing failure to agree on the development plan.”: Tuesday 20 Sept 2005: READ
BARRON'S ONLINE: Don't Monkey With Energy Stocks: "You could have employed a monkey, and he wouldn't have done too badly,'' says Guinness, referring to the big gains made in the oil and gas patch during the past few years.": Tuesday 20 September 2005: READ
The Independent: Twilight of the oil age: "We are currently sleepwalking into two crises that will have to be confronted simultaneously and soon: runaway global warming, and the running out of the world's oil supply.": Posted 20 September 2005 : READ
The Independent: Opec ministers prepare to lift quotas to stabilise prices: Tuesday 20 September 2005: READ
The Tide Online (Nigeria): Shell pays $3.1bn as royalties, taxes: “…the federal government is said to have received over 3.125 billion dollars from Shell Petroleum Development Company of Nigeria Limited as royalties, taxes and other levies in 2004”: Tuesday, September 20, 2005: READ
Puls Biznesu (Poland): Shell considers launching BPO in Poland: Tuesday 20 Sept 2005: READ
Kazinform (Kazakhstan): Shell company is of interest to Kazakhstan: PM: “Kazakhstan Prime Minister Daniyal Akhmetov has received Shell's executive director for exploration and production Malcolm Brinded today…”: Tuesday 20 Sept 2005: READ
BBC News: Shell buys out Dutch shareholders: Tuesday 20 Sept 2005: READ
The Wall Street Journal: Oil Price Surges on a New Hurricane Threat: "The storm is also seen as a significant threat to offshore production, particularly of gas. Oil companies like Chevron Corp., BP and Shell began pulling workers out of the Gulf of Mexico yesterday.": Tuesday 20 September 2005: READ
The Wall Street Journal: For Eni, Joining Big Leagues Will Mean Bold Acquisition: "Eni's new CEO, Paolo Scaroni, who took the helm in June, has an arguably more difficult task: bringing Eni into the same league as bigger oil majors such as Royal Dutch Shell PLC of the Netherlands and Total SA of France. ": Tuesday 20 Sept 2005: READ
The New York Times: EC Set to Open Oil Taps Full Blast: Royal Dutch Shell, Chevron and other oil companies said they were evacuating some employees from offshore oil platforms in anticipation of Tropical Storm Rita. The National Hurricane Center said Monday that the storm was making its way toward the Gulf of Mexico from the Bahamas and could become a hurricane overnight.": Tuesday 20 Sept 2005: READ
AFX News Limited: Royal Dutch Shell to clear up Dutch holding company minorities: Tuesday 20 Sept 2005: READ
Reuters: Royal Dutch says to restructure subsidiaries: “The firm said the restructuring would require an extraordinary general meeting of shareholders and should be completed by the end of the year.”: Tuesday 20 Sept 2005: READ
Financial Times: Oil prices rise over warnings of fresh hurricane: “ChevronTexaco and Royal Dutch Shell, along with Trans-Ocean, the largest offshore oil and natural gas drilling company, all said they were evacuating rigs and platforms.”: Tuesday 20 Sept 2005: READ
The Independent (UK): Oil price soars on fresh hurricane fears: “The oil giants Shell, BP and Chevron began evacuating workers from the Gulf as Tropical Storm Rita tore through the Bahamas on its way to Florida.”: Tuesday 20 Sept 2005: READ
Daily Telegraph: Oil surges as Rita puts gulf under threat: “Shell was evacuating 550 non-essential workers. Shell's Mars platform, which cost $1billion (£550m) to develop, may not return to production until well into next year. In the two weeks since Katrina, Shell has only managed to bring back a third of its 450,000 barrels a day of oil.”: Tuesday 20 Sept 2005: READ
The Guardian (UK): It would seem that I was wrong about big business: Corporations are ready to act on global warming but are thwarted by ministers who resist regulation in the name of the market: “In January the chairman of Shell, Lord Oxburgh, insisted that "governments in developed countries need to introduce taxes, regulations or plans ... to increase the cost of emitting carbon dioxide".: Tuesday September 20, 2005: READ
Lloyds List: Strengthen government links, says Kopernicki: “Jan Kopernicki, vice president of Shell International Trading and Shipping, launched his appeal on the opening day of IUMI after a year which has seen the European Union continue to set its own parameters for tightening measures against rogue shipowners and criminalisation of seafarers.”: Tuesday Sept 20, 2005:READ
Seattle Post Intelligencer: Chevron, Shell Oil evacuating Gulf rigs: “Chevron Corp. and Shell Oil began evacuating employees from offshore oil and gas platforms and drilling rigs as Tropical Storm Rita churned Monday toward the Gulf of Mexico and threatened to compound the damage left by Hurricane Katrina.”: Posted Tuesday 20 Sept 2005: READ
The Lawyer.com: Ex-Shell chairman's tribunal defence falls foul of Grabiner: “The tribunal decision was the latest twist in the high-profile scandal relating to Shell's overstatement of its oil and gas reserves.”: “But one source comments: "[Watts] hasn't done himself any favours by pursuing this claim. Now everyone's been reminded about it once again. It's like hanging your dirty laundry out in public.": Posted Tuesday 20 Sept 2005: READ
Hindu Business Line (India): Shell, ConocoPhillips offer Australian LNG to India: Posted Tuesday 20 Sept 2005: READ
The Wall Street Journal: For Oil Firms, Prices May Ease Storm's Blow: "Shell's Mars field -- which cost $1 billion in initial development costs -- along with other fields that account for some 40% of its production in the Gulf, may be out of commission well into next year. Nearly two weeks after the storm, the company had restored a little more than a third of its 450,000 barrels of oil equivalent to a day of production, according to a Shell update last week.": Monday 19 September 2005: READ
BARRON'S ONLINE: A Place in the Sun: "SUNSHINE IS FREE. That simple fact is what gives the solar-power business so much allure. You don't have to extract it from the ground, it's not subject to embargos, it's nonpolluting and if the supply ever ran out, we'd have a bigger problem than high gasoline prices. On the surface, at least, it certainly seems like an obvious way to address some of the economy's ongoing energy problems.": MONDAY, SEPTEMBER 19, 2005: READ
Business Week: Open Season On Big Oil: An angry public wants quick relief from high prices. Here's why none is in sight: “Even promising projects are becoming harder to pull off -- a reality underlined this summer when Royal Dutch/Shell estimated that its Sakhalin II gas project in Russia would wind up costing $20 billion, double earlier forecasts.”: Monday 19 Sept 2005: READ
Daily Telegraph: Personal view: Going Dutch? For some shareholders it is a far from equitable split: “There have been a number of less-than-ideal constructions and reconstructions recently where the smaller shareholder feels hard-done by. Take the case of Shell, or Royal Dutch Shell as it is now known, as a particularly harsh example. Following on from its failure to state its oil and gas reserves correctly, it has instigated many changes, of which one is the "reunification" of the company.”: Monday 19 Sept 2005: READ
Irish Times: Corrib campaigners leave for Norway: “Supporters of the five Mayo men still imprisoned because of their opposition to the Corrib gas onshore pipeline leave for Norway today to visit members of the new Labour government and representatives of Statoil.”: “The men, nearing their 12th week in prison, agreed to a mediation offer by Shell last week.”: Monday Sept 19, 2005: READ
Irish Times: Greens call for carbon fuel taxes: "We have a government which is not a government. It is an agent for fossil fuel companies, such as Shell…": Monday Sept 19, 2005: READ
The Guardian (UK): Unilever brings in advisers to consider dropping dual listing: “London is considered the most likely winner of the primary market listing, as it was with Shell. The Anglo-Dutch oil company is now registered in Britain but has its headquarters in The Hague.”: Monday September 19, 2005: READ
Philippine Daily Inquirer: Dutch firms said to be fearful of RP taxation: “THE PHILIPPINE GOVERNMENT WILL HAVE to resolve existing taxation issues involving the Shell Group of Companies here if it expects to see more Dutch companies investing in the country.”: “Shell Group country chair Edgar Chua said the oil refiner was still reviewing whether it should retain or eventually close down its refinery here.”: Monday Sept 19, 2005: READ
ThisDay Online (Nigeria): Security Beefed Up Around Shell, LNG Pipelines: “Following threats by some militant youth groups to blow up pipelines and other oil installations in the Niger Delta as a result of last Thursday's arrest of Bayelsa State Governor, Chief Diepreye Alamieyeseigha in London for money laundering, government has increased security around oil facilities belonging to British Oil Company, Shell and LNG Nigeria Limited.”: Monday 19 Sept 2005: READ
The Independent on Sunday: Focus: Oil: "The end of the oil era is upon us.": Sunday 18 September 2005: READ
The Independent on Sunday: Energy firms told to say what they pay to foreign regimes: “Some of the UK's biggest charities will tomorrow demand that oil, gas and mining companies be forced to reveal details of payments they make to regimes in developing countries.”: “A spokesman for Shell added that the oil giant also supported a voluntary regime. He cited the work of the Shell subsidiary which voluntarily disclosed payments of $3.3bn (£1.8bn) to the Nigerian government in 2004.”: "Corruption is known as the curse of the extraction industry.”: Sunday 18 Sept 2005: READ
Irish Times: Shell denies fears over loss of consents: “It is 80 days since five sincere men of principle were jailed by Shell. Talks, not imprisonments, will resolve this impasse that has exposed the unhealthy state of our democracy.”: Posted Sunday 18 Sept 2005: READ
The Wall Street Journal: Dropping Everything: When the tsunami hit, Bruce French rushed to pitch in. His five-month journey was an unexpected crash course in charity, big corporations and the price of trying to help.: "Mr. French scored a free laptop from Royal Dutch Shell PLC.": "The aid meant a lot to Mr. French, who had held oil companies in low regard.": "Mr. French said. "Even the big guys you despise can do some good stuff.": Posted Sunday 18 Sept 2005: READ
The Scotsman: Shell enters petrol war with 4p cut: “SHELL yesterday became the latest major oil company to cut its fuel prices, falling in line with supermarkets Asda and Tesco as well as its biggest rival petrol retailers.”: Sunday 18 Sept 2005: READ
Sunday Telegraph: Fuel prices fall as protest jams motorway: Sunday 18 September 2005: READ
THE SUNDAY TIMES: Unilever set to scrap historic dual listing: “The move would mimic the corporate revamp at Royal Dutch Shell, which was forced to abandon its dual listing last year after a scandal over its oil reserves triggered a shareholder revolt. Shell listed in London, but has its corporate headquarters in The Hague.”: Sunday 18 Sept 2005: READ
The Financial Express (Bangladesh): 'It is back to being good entrepreneurs': “Jeroen van der Veer, Royal Dutch Shell's first chief executive, is used to skating on thin ice.”: “Shell suffered a severe setback recently when it revealed that its flagship Russian gas project, Sakhalin-2, would be at least eight months late and $10bn over budget.”: “another recent setback in Oman… the government transferred operation of one of its prize oil fields to a rival consortium…”: Sunday 18 September 20: READ
The Independent on Sunday: The Week Ahead: “…Oil Quest Resources… won a crucial new licence earlier this month to explore for oil in the North Sea…”: “…ExxonMobil, BP and Shell… also won licences.”: Sunday 18 Sept 2005: READ
The Independent on Sunday: Brown plans fuel tax review as olive branch to petrol lobby: “The Treasury has agreed to set up a working group which, together with government officials, will include representatives of the UK Petroleum Industry Association, whose members include BP, Shell and other leading oil companies.: Sunday 18 Sept 2005: READ
Financial Times: Man bites back at the dog in cross-Channel deals: Mergers and acquisitions: “That is likely to lead to bigger and bigger bids: some fund managers are muttering, for example, that even giants such as Royal Dutch Shell could come into play before the current cycle is out.”: Saturday 17 Sept 2005: READ
Geelong Advertiser (Australia): Shell shocked by pier critics: “SHELL'S Geelong refinery has described recent criticism of its environmental record as ``scaremongering''.: Saturday 17 Sept 2005: READ
The Times (UK): Gazprom excludes Shell from list of field developers: “Shell’s exclusion will be a keen disappointment to the multinational. The Dutch company had originally hoped that an asset swap agreement with Gazprom earlier this year in which Shell gave Gazprom a 25 per cent share of Sakhalin, an LNG project in Eastern Siberia, would open the door to a stake in Shtokman. Only days later, Shell was forced to announce that costs had doubled at Sakhalin, forcing the company into new negotiations with Gazprom. “Shell has blotted its copybook with Gazprom…”: Saturday 17 Sept 2005: READ
Financial Times: Gazprom names candidates for Shtokman: “Gazprom would not say why it excluded Shell, with whom it has had a strategic alliance for almost a decade, but industry observers suggested tensions over Sakhalin 2, Shell's LNG project off Russia's east coast, may have contributed.”: “This summer Gazprom agreed to swap 50 per cent of its Siberian gas field, Zapolyarnoye, for a 25 per cent stake in Sakhalin 2. But less than a week later, Shell raised the cost of Sakhalin 2 from $12bn to $20bn.”: “Shell, looking to replenish oil and gas stocks after last year's reserves overbooking scandal, was "disappointed not to have been selected.”: Saturday 17 Sept 2005: READ
THE NEW YORK TIMES: Total Pledges Lower Prices to Avoid Tax: “In Britain, Esso and the supermarkets Asda and Tesco said Friday they will cut the cost of gasoline by up to 4 pence a liter (26.5 U.S. cents a gallon) following a drop in the wholesale price of oil. BP and Shell also announced price cuts.”: Posted Saturday 17 Sept 2005: READ
THE NEW YORK TIMES: Much of Gulf Output Back by End – Oct: “Among those damaged was Shell Oil's giant Mars platform, in deepwater off the coast of Louisiana. Shell, one of the largest producers in the Gulf of Mexico, last week warned that oil and gas output from its vast Mars field might not resume flowing until 2006.”: Posted Saturday 17 Sept 2005: READ
UPI: Shortlist unveiled for giant Gazprom field: “Industry experts told United Press International Gazprom's decision not to include Shell might have been attributed to the difficulties Shell encountered in implementing the Sakhalin-2 project, where cost overruns nearly doubled to some $20 billion while delays are expected to push back production.”: Posted Saturday 17 Sept 2005: READ
euronews.net: Gazprom names possible partners for Shtokman field gas project: “Royal Dutch Shell, Exxon Mobil and Japan's Sumitomo and Mitsui have been shut out of developing the liquefied natural gas project.”: Posted Saturday 17 Sept 2005: READ
Reuters: UPDATE 4-Gazprom names 5 foreign firms for Arctic gas project: “The short list is a setback for supermajors Royal Dutch/Shell and Exxon Mobil, both of which are already involved in big projects off Russia's Pacific coast.”: Posted Saturday 17 Sept 2005: READ
The Wall Street Journal: Katrina May Have Spared Gulf's Offshore Pipelines: "Shell Exploration & Production, a unit of Royal Dutch Shell, said its underwater structures in the Gulf were intact. "Underwater damage assessments at Mars, Ursa, Cognac and West Delta 143 have been completed and there is no damage to underwater facilities," the statement said. "Damage appears to be limited to topsides equipment.": Friday 16 Sept 2005: READ
Novye Izvestia: JAPANESE TO BOOST INVESTMENTS IN SAKHALIN-2 PROJECT: “Concern deputy head Alexander Medvedev stated that greater expenditure on Sakhalin-2 would lower the cost of the asset contributed by Royal Dutch/Shell. Nevertheless, Gazprom is likely to take part in Sakhalin-2. "The agreement with Royal Dutch/Shell contains a clause which provides for compensation in such a case," a source in Gazprom said yesterday. This may be both financial resources and additional assets, he claims.” Friday 16 Sept 2005: READ
The Wall Street Journal: Giant Tugs Rescue The Gulf Oil Rigs Battered by Katrina: "In the 10 years since Royal Dutch Shell PLC first proved it was possible to drill deep-water wells economically, there has been a rush to use floating rigs to explore for the Gulf's huge pockets of oil and gas. Those rigs have helped boost oil and gas production in the Gulf sharply, but that output was severely curtailed by Katrina.": Friday 16 September 2005: READ
REUTERS: Displaced workers settle in at Shell oil terminal: Sewer and water lines are being laid to be connected to trailers provided by Federal Emergency Management Agency (FEMA) for workers at the Shell Sugarland facility in St. James, Louisiana, September 15, 2005. FEMA is providing 165 trailers for workers and their families displaced by Hurricane Katrina at a community they've named Sugarville.: Friday 16 Sep 2005: READ
Yahoo! Asia News: Japan's Showa Shell to take 6.58 pct stake in AOC: Friday September 16, 2005 4: READ
theautochannel.com: Longer Life, Higher Performance: The New Industrial Gear Oil Range From Shell: Posted Friday 16 Sept 2005: READ
BizNewOrleans.com: Class-action suit filed against oil companies: “Two area lawyers have filed a class-action lawsuit against major oil and gas companies on behalf of victims of Hurricane Katrina. The suit blames drilling activities throughout Southeast Louisiana for destroying hundreds of acres of wetlands that served as natural barriers for New Orleans.”: “The lawsuit names 10 oil and gas companies, including ExxonnMobil Corp., Chevron Corp., BP Corp., Shell Oil Co., Transcontinental Gas Pipeline Corp. Tennessee Gas Pipeline Co., Shell Pipeline Co.,”: Thursday 15 Sept 2005: READ
MarketWatch: Sakhalin-Shell JV submits new budget to Russian government: “In July, Anglo-Dutch oil giant Royal Dutch Shell PLC (RDSB.LN) announced that the Sakhalin joint venture, in which it owns 55%, would see its costs double to $20 billion and would delay the delivery of liquefied gas by half a year.”: Thursday 15 Sept 2005: READ
Pacific Business News: Shell goes to court against cap: “Shell filed court papers this week seeking independent review of Hawaii's gas cap formula…”: Thursday 15 Sept 2005: Read
Legal Week: New Square’s Kitchin to replace Laddie: “In 2002, an appeal was brought against a Laddie judgment accusing the judge of having an "appearance of bias".: Thursday 15 Sept 2005: READ
The New York Times: At Time of Epic Storms, Oil Industry Thinks Anew: "Shell said its output - which usually amounts to 450,000 barrels a day, or nearly a third of the gulf's oil production - would be down 40 percent until next year.": Thursday 15 September 2005: READ
The Wall Street Journal: Black-Gold Rush in Alberta: "Shell Canada Ltd., a unit of Royal Dutch Shell PLC, disclosed last month that it has boosted its cost projection for a proposed 100,000 barrel-a-day expansion of its Athabasca oil-sands mine by 80%, to 7.3 billion Canadian dollars (US$6.18 billion).": Thursday 15 Sept 2005: READ
BBC Newsnight: Oil giants set sights on Sakhalin: The big oil giants are all hunting for new reserves, but none more so than Shell after it was forced to downgrade its reserves in a financial scandal last year.: " Posted Thursday 15 Sept 2005: READ
Reuters: Saudi, Shell mull Texas refinery expansion: “With gasoline prices surging and refineries straining to meet demand, Saudi Arabia and oil giant Shell are mulling a plan to expand their joint venture refinery in Port Arthur, Texas…”: Posted Thursday 15 Sept 2005: READ
AFX Europe (Focus): Shell to decide next year on another petrochem project in Singapore – report: Royal Dutch Shell PLC chief executive Jeroen van der Veer said the company will decide next year whether to build another multi-billion dollar ethylene cracker in Singapore…”: "Shell has invested many billions of dollars in Singapore, and we are still not at the end of it," he said.”: Thursday 15 Sept 2005: READ
Western People (Ireland): Shell executive apologises to Dr Jerry Cowley: Posted Thursday 15 Sept 2005: READ
Western People: Erris water in danger due to Corrib gas project 4: Posted 15 Sept 2005: READ
The Mayo News Online: Murray walks out in Rossport protest: “ A proposal by the Charlestown-based councillor that Mayo County Council call on Shell to lift its injunction on the five Rossport men currently incarcerated at Cloverhill was deemed out of order as it was not on the agenda.”: Posted Thursday 15 Sept 2005: READ
Ireland On-Line: 'Rossport Five' supporters call for national rally: “Supporters of the so-called Rossport Five, who were jailed 11 weeks ago over their protests against a controversial gas pipeline, are today calling for public support for a national rally demanding their release.”: Thursday 15 Sept 2005: READ
ASIA PULSE: Brunei Shell Petroleum Purchases Three Aircraft: Thursday September 15 2005: READ
Yahoo Business News: Shell and Motiva Account for All Employees Impacted By Hurricane Katrina; Operations Restoration and Relief Efforts Move Forward: Posted Thursday 15 Sept 2005: READ
Chicago Tribune: Kane settles suit with Shell over tainted soil: “Kane County has agreed to accept $350,000 from Shell Pipeline Co. LP, of Houston, in exchange for dropping the firm from a million-dollar lawsuit filed a year ago by the county in the firm's disposal of contaminated soil…”: Wednesday 14 Sept 2005: READ
Globe & Mail (Canada): Shell prepared to spend billions on oil sands in Peace River: “Shell Canada Ltd. is looking at a "multibillion" dollar project to develop a comparatively obscure deposit of oil sands in the Peace River area of northwestern Alberta that could produce 100,000 barrels of bitumen a day for 30 years.”: Wednesday, September 14, 2005: READ
IPE.com: Shell pension chief sees three sources of return: “Shell made headlines last week with news it plans to consolidate €50bn of worldwide pension assets in Holland.”: Wednesday 14 Sept 2005: READ
ShellNews.net: CENSORSHIP OF DR JOHN HUONG BY ROYAL DUTCH SHELL: Wednesday 14 September 2005 10:30 AM EDT: READ
Channel News Asia: Shell believes current high oil prices unsustainable in long run: “Mr van der Veer says Shell is also on track to build a new multi-billion dollar chemical cracker in Singapore. Shell has over US$6 billion worth of oil refining and petrochemical plants in Singapore. Its first oil refinery here is also the group's largest in the world.”: Wednesday 14 September 2005: READ
Boston Herald: Station owner gives 'em Shell: “Independent lease operators have battled Shell for years, arguing the company is trying to take over their franchises. Last year, a federal jury in Boston ruled in favor of eight independent dealers who claimed Shell was trying to put small-time operators out of business.”: Wednesday, September 14, 2005: READ
THE NEW YORK TIMES: UK Refineries Open Despite Fuel Price Protests: “Drivers fearing shortages had bought up a week's worth of fuel in a single day after the call by lobby groups for protests against high prices raised fears of a repeat of demonstrations that all but shut the country down five years ago.”: Wednesday 14 Sept 2005: READ
Financial Times: Business must wake up to reality of managing e-data: “Royal Dutch Shell and Morgan Stanley provide sound examples of the importance of locating and submitting electronic evidence.”: Wednesday 14 Sept 2005: READ
Lloyds List: Shell plans major LNG investment: “IT'S good to be back in Libya, says Malcolm Brinded, executive director for exploration and production at oil major Shell, as he announces the start of a huge new liquefied natural gas project centred at Marsa Al-Brega.”: Wednesday Sept 14, 2005: READ
Irish Times: GardaI 'rescue' four Shell terminal staff: “Extra gardaI were called to the Shell/Corrib Bellanaboy terminal site in Co Mayo yesterday when protesters refused to allow Shell company representatives to leave the compound.”: "The Norwegian Labour Party has made it clear that it wants no involvement by a Norwegian state company in such a scandal.": Wednesday 14 Sept 2005: READ
Energy Business Review: Shell wins auction of Turkish refinery: A consortium including Anglo/Dutch oil company Shell has won a hotly contested privatization auction of Turkish refiner Tupras with a bid reported to be just over $4 billion.: Wednesday 14 Sept 2005: READ
Oil & Gas Journal (Houston): Shell Evaluating Brazil Block: “Shell is investing $200 million in Brazil this year.”: Wednesday 14 Sept 2005: READ
Financial Times: FSA's legal victory leaves questions unanswered Verdict in Shell case has wider ramifications.: “In avoiding being derailed by a legal challenge from Sir Philip Watts, former chairman of Royal Dutch Shell, the Financial Services Authority yesterday scored a notable victory.”: “The FSA said it was still pursuing further enquiries relating to him.: Wednesday 14 Sept 2005: READ
Daily Telegraph: Former Shell chief loses appeal over reserves: "We have further inquiries which we are pursuing in relation to Sir Philip. These have not yet been concluded.": Wednesday 14 Sept 2005: READ
BBC NEWS: Tribunal upholds
Shell criticism: Wednesday 14 September 2005:
READ
The Guardian (UK): The buck stops on the boss's desk: “Let us ignore the damage
done to his reputation a) by the very fact that Shell had about a quarter less
oil in the ground than it had been claiming and b) by that email in which
Shell's exploration chief told Sir Phil he was "sick and tired" of the lying
over the reserves.”: “Frankly, the extraordinarily arrogant Sir Phil should
consider himself lucky still to have his knighthood.”: Wednesday September 14,
2005: READ
The Guardian (UK): Former chairman of Shell loses appeal against regulator over reserves debacle: Wednesday September 14, 2005: READ
The Independent: Ex-Shell chairman loses case against watchdog: “Sir Philip, who was sacked in disgrace last year after the scandal broke…”: “Shell has agreed to foot the legal costs of former directors dismissed over the scandal and last year provided $12m in expenses.” Wednesday 14 Sept 2005: READ
The Times (UK): Former Shell boss loses case against FSA: The FSA, which is continuing to investigate Sir Philip’s personal conduct during the affair, welcomed the ruling… In August last year the FSA found Shell guilty of “unprecedented misconduct” in repeatedly mis-stating its oil and gas reserves levels from 1998 to 2003.: Wednesday September 14, 2005: READ
London Evening Standard: Tribunal setback for Shell ex-chief: FORMER Shell chairman Sir Philip Watts has suffered a major setback in a bid to restore his battered reputation. Tuesday 13 September 2005: READ
Reuters: x-Shell boss loses appeal against UK regulator: “Philip Watts had argued that his reputation was unfairly impinged by the Financial Service Authority (FSA) ruling that the company, now called Royal Dutch Shell Plc, had engaged in "unprecedented misconduct" that resulted in market abuse, for which it was fined 17 million pounds ($31.06 million).”: Tuesday Sep 13, 2005: READ
ShellNews.net: Saving and Serving Lives in the aftermath of Hurricane Katrina: "In view of recent publicly made allegations against Shell management that it has displayed racist policies towards its former employees in Malaysia...": Tuesday 13 Sept 2005 16.48 PM EDT: READ
Ireland On-Line: Ex-Shell boss loses showdown with London market watchdog: “In addition to the FSA action, the fiasco brought Shell a $120m (€97.8m) fine from the Securities and Exchange Commission in the United States for violating record-keeping, reporting and anti-trust rules.”: Tuesday 13 Sept 2005: READ
AFX News Limited: UK tribunal rejects complaint from ex-Shell chief Watts: Tuesday 13 Sept 2005: READ
Financial Times: Former Shell boss Watts loses case against FSA: "The judgement by the Financial Services and Markets Tribunal, which concerned an FSA penalty notice against the company itself, came as Sir Philip faces a separate investigation into his own conduct and vowed to keep fighting to clear his name.": Tuesday 13 September 2005: READ
Reuters: Shell's China cracker on track for end-yr start: “Royal Dutch/Shell Group's $4.3 billion joint-venture naphtha cracker in southern China is on track to start up by late this year…”: Tuesday 13 Sept 2005: READ
Oil & Gas Journal (Houston): Shell sells its oil products business: "Royal Dutch Shell has signed a sale and purchase agreement and trademark license agreement with Rubis Group relating to the divestment of Shell's oil products businesses in the French Antilles and French Guyana.": Tuesday 13 September 2005: READ
The Wall Street Journal: Shell Group Bids 4.4 Billion for Refinery: Tupras to Remain In Turkish Hands, As Koc Bid Wins: "A consortium led by Koc Holding AS of Turkey and including Royal Dutch Shell PLC fended off eight other bidders in a hotly contested privatization auction for control of Tupras, Turkey's 500,000-barrel-a-day refiner. The winning bid of $4.14 billion (€3.34 billion) defied even the most optimistic expectations": Tuesday 13 September 2005: READ
Lloyds List: Receding waters reveal nightmare of 'streets covered in inches of muck': “Other incidents included the loss of 10,000 barrels from Shell's storage tank to the surrounding tank farm, and a 250 barrel leak from a Shell pipeline in Nairn. The tank farm leak was being contained with absorbent booms and the pipeline had been repaired, the coast guard said.”: Tuesday 13 Sept 2005: READ
Stuff.co.nz (New Zealand): Oil firms say powerless to cool soaring prices: A spokeswoman for Royal Dutch Shell said its failure to pass on the full brunt of record oil prices meant its UK retail operation was now losing money.": "Tuesday 13 September 2005 4: READ
HK PRESS (HONG KONG): CNOOC, Gorgon Gas Talks Stall: Tuesday September 13, 12:24 AM: READ
Financial Times: Mudlark: ABB man to show and tell for Shell: “Royal Dutch Shell has gone Nordic again, this time to fill its top communications job. Björn Edlund from the Swiss-Swedish engineering group ABB will become vice-president for media and communications on October 1.”: Posted 13 Sept 2005: READ
Lloyds List: More than half US Gulf oil output still shut down: Hurricane recovery slow, writes Rajesh Joshi in New York: Tuesday Sep 13, 2005: READ
NineMSN (Australia): Shell's Norco refinery at 95% capacity: "Shell, which ranks as one of the largest producers in the Gulf of Mexico, last week warned that oil and gas output from its vast Mars field might not resume flowing until 2006.": Tuesday 13 Sept 2005: READ
Lloyds List: Technology Champion for Brunei Shell : BRUNEI Shell Petroleum has installed one of the world's most technologically advanced production platforms on the Champion West field to extract oil from one of the country's largest undeveloped fields.”: Tuesday Sep 13, 2005: READ
The Financial Express (India): Shell beats IOC to bag Tupras: “Indian Oil Corporation (IOC) on Monday lost the race to acquire 51% in Tupras (Turkish Petroleum Refineries Corp) to a consortium of Shell and Turkish company Koch Holdings. The Shell-Koch Holdings consortium won the auction for $4.14 billion.” :Tuesday, September 13, 2005: READ
ShellNews.net: ROYAL DUTCH SHELL ROBBERS AND RASCALS: Monday 12 Sept 2005 04:15 EDT: READ
The Wall Street Journal: Shell Ties Woes Of Russia Project To Lack of Data: "Executives at the Royal Dutch Shell PLC-led Sakhalin II project, a Russian oil and natural-gas project that Shell said in July could cost $20 billion, or roughly €16 billion, twice as much as expected, partly attribute the overruns and delays to going ahead with insufficient information.": Monday 12 September 2005: READ
BARRON'S ONLINE: A Sampling of Advisory Opinion: "While damage assessments are unknown at this time, companies we believe to be most operationally exposed to Hurricane Katrina are Murphy Oil, Royal Dutch Shell, Kerr-McGee, Marathon Oil and Chevron": Monday 12 September 2005: READ
Irish Independent: Pipeline pressure: “It says a lot about the way Ireland is being run when people's safety is disregarded in favour of a multinational corporation's interests and people are jailed by the State for voicing those concerns.”: Monday Sep 12, 2005: READ
Irish Times: Call for Corrib gas hearing to end impasse: “The north Mayo men opposed to the pipeline are now spending their 11th week in prison and are due back in court on October 4th. Shell has rejected recent appeals…to lift its injunction secured against the objecting landowners.”: Monday 12 Sept 2005: READ
Daily Telegraph: Motorists face three days of fuel demo misery: “The protests have been prompted by a 20 per cent rise in petrol prices over the past few months, with some filling stations charging more than £1 a litre for unleaded. The rise has been compounded by Hurricane Katrina's disruption of the US oil industry.”: "The petrol industry is taking no chances, however. Shell said it had made contingency plans.": Monday 12 Sept 2005: READ
Daily Independent (Nigeria): Oil communities seek gas flares end by 2006: “One of the oil majors, Shell Petroleum Development Company (SPDC), recently shifted its date to end the problematic gas flaring to 2009 ending from the earlier proposed 2008 date.”: Posted Monday 12 Sept 2005: READ
News.com.au (Australia): Shell faces fresh prosecution: “SHELL Australia is facing fresh prosecution over licence breaches at its Geelong refinery.”: Monday 12 Sept 2005: READ
Asia Pulse: SHELL AUSTRALIA FACING PROSECUTION OVER LICENCE BREACHES: “Shell is facing court action by the EPA over an oil spill into the bay in April. The EPA revealed it is finalising an investigation into a separate incident in May, with Shell facing a fine or further legal action.”: Monday Sep 12, 2005: READ
Financial Times: Indexed poker playing: “Unlike Shell, though, PartyGaming is classically the kind of stock that pension fund trustees ought to avoid.”: Monday 12 Sept 2005: READ
THE NEW YORK TIMES: Suddenly, Those Solar Panels Don't Look So 1970's: “Giants like BP and Royal Dutch Shell in the energy industry, or Sharp and Kyocera in electronics, make most solar gear.”: Sunday 11 Sept 2005: READ
THE NEW YORK TIMES: Storm Stretches Refiners Past a Perilous Point: “For the nation's oil refiners, Hurricane Katrina was a disaster long in the making.”: “The most damage offshore was sustained by Royal Dutch Shell, which said Friday that its production, usually about 450,000 barrels a day, would be down by 40 percent through the end of the year.”: Sunday 11 Sept 2005: READ
The Business (EU): Shell shifts emissions load to India's SRF: “ROYAL Dutch Shell has taken a stake in one of the world's largest greenhouse gas reduction projects to help counteract its soaring emissions as it shifts production towards more polluting oil sands.”: Sunday September 11, 2005
The Sunday Times (UK): Shell move robs UK investors: “When the oil giant merged, British investors in the Dutch arm of the firm lost up to 25% of their holdings…”: “Many are elderly investors who have held the shares for decades and face tax bills of tens of thousands of pounds after their stock was converted into shares of the unified company, Royal Dutch Shell. 4”: Sunday 11 Sept 2005: READ
The Observer (UK): Setback for Shell as whale expert quits over Sakhalin: 'There is much that Shell could do to make this project safer. They know it, we all know it and the world will know it if we, as scientists, take a stand.': "Steiner's comments will be a severe blow to Shell which, with Russian energy giant Gazprom, holds a majority stake in this important but very problematic project. This summer Shell said costs on Sakhalin-2 may be double original estimates, ballooning to $20bn.": Sunday 11 Sept 2005: READ
THE INDEPENDENT ON SUNDAY: 'Clever rascals': blast for Shell on project near whale grounds: “In his resignation letter to the chief executive of Shell, Jeroen van der Veer, Professor Richard Steiner of the University of Alaska marine advisory programme urged other members of the scientific panel to "opt out of this project", describing Shell as "clever, stubborn rascals".: Sunday 11 September 2005: READ
THE INDEPENDENT ON SUNDAY: Russia 'vital to Europe's energy security': “It comes as Shell prepares to bid for a slice of a $30bn (£16bn) liquefied natural gas (LNG) project in the Barents Sea.”: Sunday 11 Sept 2005: READ
Houston Chronicle: Oil spill adds to woes of a Louisiana town. Crude leaks in Chalmette, other sites along river: “Millions of gallons of crude oil burst forth from ruptured storage terminals and pipelines in Louisiana… The leaking facilities are owned by Royal Dutch Shell, Chevron, Murphy Oil and Bass Enterprises Production…”: Posted Sunday 11 Sept 2005: READ
Daily Telegraph: 'So we were all sacrificial lambs?': “Shell's directors were aware that the company's controversial restructuring would leave some of its British investors nursing a multi-million-pound tax bill months before the deal went through, according to a leaked telephone conversation with a senior Shell executive.”: “Peter Buckley, chairman of Caledonia Investments and one of the rebels, said: "It is pretty sad that Shell is spending a lot of money to rebuild their image and then goes on to score such an own goal. I think it is shabby of Shell.": Saturday 10 September 2005: READ
THE NEW YORK TIMES: On Oil Supply, Opinions Aren't Scarce: “He pointed to those Canadian oil sands - where, he said, Shell Canada recently announced it was going to raise its investment to $7.3 billion from $4 billion to produce an additional 100,000 barrels a day. "Just think about that; $3.3 billion for just 100,000 barrels," he said. "Doesn't that tell you something?": Saturday 10 Sept 2005: READ
THE NEW YORK TIMES: The New Prize: Alternative Fuels: “In July, Corn Cob Bob, an ethanol industry mascot, was banished from Canada Day celebrations in Ottawa. Shell, a sponsor of the festivities, had expressed discomfort at the mascot's participation.”: Saturday 10 Sept 2005: READ
THE TIMES (UK): Shell reassures over Hurricane Katrina: "Shell, the international oil giant, has tried to reassure markets and its investors about the impact on its operations of Hurricane Katrina, which forced it to shut down oil and chemical refineries in the United States and Gulf of Mexico.": Posted Saturday September 10, 2005: READ
Irish Independent: Symbolic oil blockade in support of Rossport prisoners: “The five Co Mayo men have been imprisoned for over 70 days due to their objection to work being carried out by Shell, without the necessary ministerial consent, in the village of Rossport in the north of the county.”: Saturday Sept 10, 2005: READ
Irish Times: FF chair of committee denies he is avoiding Shell issue: “Meanwhile, a senior Shell executive has apologised for describing the proposed trip to Norway by Dr Jerry Cowley (Ind) as "a junket". Corrib gas project manager Mark Carrigy said he regretted using the term in an interview on Mid West Radio.”: Saturday 10 Sept 2005 4: READ
Sify.com (India): ONGC mulls using Shell tech for SCG facility: “Shell is a leading surface coal gasification technology provider in the world.”: Saturday, 10 September 2005 : READ
Saturday Independent (Nigeria): Claims to environmental degradation, highly exaggerated – Shell Manager: “The drilling manager, however, noted that people of the South-south who still create Nigeria’s wealth, had every cause to feel aggrieved that they were not befitting enough from the oil resources under their feet.”: Saturday 10 Sep 2005: READ
Financial Times: All prices soaring from winter heating to plastic cups: "Analysts say up to 10 per cent of US refining capacity remains off-line. Six refineries are closed, four of which could be out of action for several weeks or months.": Friday 9 Sept 2005: READ
ShellNews.net: Forbidden Words of a Shell Whistleblower Dr John Huong – A Shell Geologist for almost 30 years: Friday 9 Sept 2005: 10:00am EDT READ
BLOOMBERG: Shell's Mars Field, Nearby Rigs May Be Shut Till 2006 (Update3): FRIDAY 9 SEPT 2005 4: READ
Oil & Gas Journal: Shell provides update on operational impact of Hurricane Katrina: Friday 9 Sept 05: READ
ShellNews.net: Question mark over legal status of Royal Dutch Shell Statement of General Business Principles: "The development may also be of interest to the Rossport Five jailed in Ireland at Shell's behest after making a stand on environmental grounds.": Friday 9 September 2005: 10.00am ET: READ
Financial Times: Shell warns of production setback after Katrina: “Royal Dutch Shell dealt a further blow to the world’s oil markets on Friday…”: 9 Sept 2005: READ
Financial Times: France threatens oil majors with windfall tax: “…French finance minister, has threatened oil majors with a windfall tax on “exceptional” profits unless they cut the price of fuel at the petrol pump and increase investments in renewable energy.”: Friday 9 Sept 2005: READ
Daily Telegraph: Tax bill rebels furious over Shell '£2bn saving': "Shell's controversial merger to create a single corporate entity called Royal Dutch Shell is understood to have saved the oil giant as much as £2billion while leaving some of its British investors with a £77m tax headache.": Friday 9 September 2005: READ
CommTech Newsletter (e-update): Shell complaints sites keep their domain names: “The WIPO panel found unanimously that although the domain names were identical or similar to Shell's various trade names, Mr Donovan had a prima facie right to the free expression of his criticism, and a legitimate interest in using the domain names for his non-commercial forum”: Friday 9 Sept 2005: READ
tld-resource.com: Shell loses domain .com dispute: Someone asked me: How could they loose this? The first two should obviously belong to Shell. Why did they loose the case?: 9 Sept 2005: READ
Lloyds List: Shell force majeure on lubricants: “The move follows the worsening of a shortage of lubricants which began at the port of Singapore last month. Hurricane Katrina has worsened the problem, putting the Chevron Oronite plant in Louisiana out of action.”: Friday Sept 09, 2005: READ
Lloyds List: Licensing round is North Sea's 'most successful': “ExxonMobil and Shell gained the largest ever licence awarded in the UK North Sea, gaining 20 blocks in a 1.2m acre area of the Mid-North Sea High area 90 miles east of Newcastle.”: Friday Sept 09, 2005: READ
Financial Times: Oil executives warn against tax rises: “Tom Botts, Shell's executive vice-president for Europe, told the Financial Times: "We're all concerned, especially after seeing the impact of the 2002 corporate tax change. It has taken us a few years to rebuild confidence. But that confidence will be shattered if it looks like we can't have line of sight on a stable fiscal environment.": Friday 9 Sept 2005: READ
NEW YORK DAILY NEWS: Shell Game at Gas Stations Pays Big: "On Sept. 1, just three days after Hurricane Katrina struck the Gulf Coast, top executives at Shell Oil's Texas headquarters took a public stand against gasoline price gouging.”: “That same day, Motiva Enterprises LLC, Shell's oil refining subsidiary, hiked the wholesale price of gasoline for Shell dealers throughout the Bronx by a whopping 20 cents a gallon, according to company records obtained by the Daily News. Those records show that since the hurricane disaster, Shell has increased its wholesale gasoline price on six separate occasions”: Thursday, September 8, 2005: READ
ShellNews.net: Royal Dutch Shell attempt to thwart Ogoni US Class Action Lawsuit fails: Thursday 8 September 2005: 12.45 pm ET: READ
Daily Mail (UK): Cheques are banned at all Shell garages: Thursday 8th September 2005: READ
The Wall Street Journal: BHP Postpones Restart of Wells In Gulf of Mexico: "...others, including BP PLC and Royal Dutch Shell Group, have managed to restart production at some oil platforms.": Thursday 8 September 2005: Read
The Wall Street Journal: Oil-Rig Insurers Expect Price Jumps: "Shell Oil Co., the U.S. unit of Royal Dutch Shell PLC, which saw damage to two oil- and gas-producing platforms in the Gulf of Mexico, declined to comment on what price increases it would accept for insurance policies.": Thursday 8 Sept 2005: READ
The Independent: Market Report: Cairn energised by rumours of Italian swoop: “The UK group is without doubt an attractive proposition for an oil sector heavyweight such as Eni. Its site in Rajasthan, India, bought from Shell for next to nothing, has turned into a significant oil find.”: Thursday 8 Sept 2005: READ
Irish Independent: Rossport Five's family reunion in court: “THE five Co Mayo men, who have been in prison for 71 days for contempt of court relating to the Shell Corrib gas pipeline, made a brief appearance in the High Court yesterday.”: Thursday Sept 08, 2005: READ
Irish Times: High Court appearance for Rossport Five: “The five Co Mayo men, who have been in prison for 71 days for contempt of court relating to the Shell Corrib gas pipeline…”: Thursday Sept 08, 2005: READ
FINANCIAL TIMES: THE 'SMOKING GUN' E-MAIL AND INBOX INDISCRETIONS PUT COMPANIES IN THE LINE OF FIRE: “*A top executive at Royal Dutch Shell was found to have written an e-mail saying he was "sick and tired about lying" over its inflated oil and gas reserves. That revelation, uncovered by the company's own internal report, knocked billions of dollars off its stock market value, and led to fines for Royal Dutch Shell on both sides of the Atlantic.”: Thursday 8 Sept 2005: READ
Western People: Distraught Ballinaboy residents issue heartfelt appeal to Shell: "We are upset and dismayed that there are five Erris men in Clover Hill prison because of the Corrib gas project.": Posted Thursday 8 Sept 2005: READ
The Independent (UK): Ballad of the Rossport five: “The campaign received a boost in recent months when it was revealed that consultants brought in by the government were not independent, as had been claimed, and in fact had connections with Shell.”: Wednesday 7 Sept 2005: READ
Reuters: SRF signs carbon credit deal with Shell unit: Wednesday 7 Sept 2005: READ
OilVoice.com: Shell Opens World Class Facility For Technical Learning: Wednesday, September 07, 2005: READ
RedNova.com: Shell and E.ON to Build 1,000 MW Wind Power Plant in UK: Wednesday 7 Sept 2005: READ
RedNova.com: Shell Group Had 6% Share on World Solar Power Engineering Market in 2004: Wednesday 7 Sept 2005: READ
AFX Europe (Focus): Storm-hit Gulf energy industry struggles back - UPDATE 2: The 226,000 bpd Motiva/Shell refinery at Norco, La., was still reported down but suffered limited storm damage and may be able to restart as soon as mid-week, the Energy Department said.”: Wednesday Sept 07, 2005: READ
Reuters: FEATURE-Beaufort Sea oil plans raise hopes, fears: "...Shell's decision to aggressively pursue Beaufort Sea oil prospects, largely off the coast of the Arctic National Wildlife Refuge, worries some North Slope Inupiat Eskimos who have long opposed any oil development in the waters used by migrating whales and other marine mammals.": Posted Wednesday 7 September 2005: READ
Financial Times: Record licensing round revives interest in hunt for North Sea oil: "This award allows us to extend our long history of exploring the UK continental shelf," said Robert Olsen, chairman of ExxonMobil International's UK arm. "While the area carries significant risk and high uncertainty, it also has a significant upside potential that ExxonMobil and Shell want to further evaluate and explore.": Wednesday 7 Sept 2005: READ
THE NEW YORK TIMES: Lines for Gas Are Harbinger of Shattered Coast's Recovery: Wednesday 7 Sept 2005: READ
The Wall Street Journal: Oil Industry Embarks on Recovery: Tuesday 6 Sept 2005: READ
The Wall Street Journal: Assessing Damage to Oil Platforms In Gulf of Mexico Proving Difficult: Posted Tuesday 6 Sept 2005: READ
Aftenposten (Norway): Shell shuts its propane pumps: “The gas explosion at Shell's station at Strand, west of Oslo, closed the heavily trafficked E18 motorway in and out of the city.”: Tuesday 6 Sept 2005: READ
MarketWatch: Shell's western Gulf of Mexico facilities resume production: Tuesday 6 Sept 2005: READ
The Independent (UK): Oil price falls after stockpiles are released by governments: Tuesday 6 September 2005: READ
Financial Times: Total signs Africa oil distribution deal: “Total is set to overtake Shell as the biggest oil distribution company in Africa after yesterday announcing plans to buy Exxon-Mobil's downstream assets in 14 African countries.”: Tuesday 6 Sept 2005: READ
Irish Times: TD accuses Taoiseach over Shell gas dispute: “Mayo TD Dr Jerry Cowley (Ind) has accused Taoiseach Bertie Ahern of "missing the point" over the continued imprisonment of the five Mayo men opposed to the Corrib gas onshore pipeline.”: Tuesday 6 Sept 2005: READ
The Tide (Nigeria): Pension commission grants approval to Shell Trustees: Tuesday, September 6, 2005: READ
Daily Independent (Nigeria): MOSOP, ERA dispute Shell’s remediation claims: “Two key advocacy groups in the country’s oil producing region - Environmental Rights Action (ERA) and Movement for Survival of the Ogoni People (MOSOP) - have picked holes in remediation claims by Shell Petroleum Development Company (SPDC), saying the Anglo-Dutch oil giants is yet to fully clean-up polluted sites in the region.”: Tuesday 6 Sept 2005: READ
Daily Telegraph: 152 licences awarded for North Sea: “Shell has found two new fields…”: Tuesday 6 September 2005: READ
Geelong Advertiser (Australia); Terminals rejects Shell similarities: “On Friday a former CSIRO scientist told the Victorian Civil and Administrative Tribunal that emissions of chemicals from Shell Corio may have contributed to the deaths of four former Geelong Grammar teachers.”: Tuesday 6 September 2005: READ
Mobile Register, ALABAMA: Shell Oil gears up alternate sources: “Shell Oil is ramping up production from natural gas wells around Mobile Bay and along the south Texas coast in an effort to offset major losses from the rich fields off Louisiana, according to company officials.”: Monday, September 05, 2005: READ
Yahoo News: Shell and Motiva Urge Americans to Practice Fuel Conservation Following Hurricane Katrina: Monday September 5, 2005: READ
Irish Times: Jailed protesters made their point, says Taoiseach: “…Bertie Ahern has said the five Mayo men imprisoned for contempt of court in connection with their opposition to the proposed Corrib gas pipeline have made their point and it is beyond him why they wish to remain in jail.”: Monday 5 Sept 2005: READ
THE NEW YORK TIMES: Crude Oil Prices Fall to $64.85 a Barrel: Monday 5 September 2005: READ
The Wall Street Journal: Hurricane Raises Potential For a Global Energy Crisis: Monday 5 Sept 2005: READ
The Wall Street Journal: Shell Creates China Oil Venture: Monday 5 September 2005: READ
Daily Telegraph: Pumps can't cope with £1 litre petrol: “More than two thirds of Britain's pumps are unable to show a petrol price above 99.99p a litre.”: Monday 5 Sept 2005: READ
MSN Money: Grim Outlook for 4 Gulf Coast Refineries: “Motiva Enterprises has begun to restart its 235,000 barrel a day Convent, La., refinery. Motiva is a joint venture of Royal Dutch Shell PLC and state-owned Saudi Arabian Oil Co.: Monday 5 Sept 2005: READ
Financial Express.bd, (Bangladesh): Contradiction between rhetoric and reality: "Christian Aid, then, wants to give companies' ethical commitments 'teeth' by underpinning them with binding regulation.": Monday 5 September 2005: READ
ShellNews.net: ROYAL DUTCH SHELL PLC DOTCOM, THE ULTIMATE INTERNET GRIPE SITE: Sunday Sept 4, 2005 18:15 PM ET: READ
The Sunday Times: Big oil groups prime pumps for £1 a litre: “THE oil giants Royal Dutch Shell and BP are to spend millions upgrading their petrol pumps and station forecourts to allow them to charge higher prices. The companies, which last year reported combined pre-tax profits of £30 billion, are set to raise their prices…”: Sunday September 04, 2005 : READ
The Sunday Times: £1 litre looms as US oil firms target European fuel supplies: “Aerial photographs of Shell’s Mars platform, which produces 220,000 barrels of crude per day, showed collapsed equipment on its deck.”: Sunday 4 September 2005: Read
The Sunday Times: Well of despair: Hurricane Katrina has devastated US oil production, bringing fuel shortages, soaring prices and raising the spectre of a global energy crisis: Sunday 4 September 2005: READ
The Observer: Britain on course for lasting pain at the petrol pumps: The effect the disaster has had on prices at American filling stations will take time to hit the UK, but the storm is coming: Sunday September 4, 2005: READ
The Observer: All washed up: Oliver Morgan looks at the economic consequences of Katrina's fury leaving the US offshore oil industry in ruins: “There is a lot of damage. Shell's Mars platform, for example, had one leg badly damaged in the storm. 'It's trashed,' says one analyst.”: Sunday September 4, 2005: READ
The Observer: Oil at $70 a barrel? It's no big deal – yet: “…it has long been rumoured Shell could fall prey to a bid from its French rival, Total. But what if the boot was on the other foot and Shell took a pop at Total? Would an Anglo-Dutch oil giant be allowed to swallow Total, viewed as a family jewel by the French government? I think not.”: Sunday September 4, 2005: READ
The Observer: Insurers face $40bn claims after Katrina: “Last week Shell increased prices for unleaded petrol from 90.6p a litre to 93.2p, while diesel prices went from 94.5p to 96.1p. A spokeswoman said that the Anglo-Dutch company, which has made record profits from the soaring crude price this year, has made losses in every quarter on petrol sales.”: Sunday September 4, 2005: READ
Daily Telegraph: Royal Dutch rebels in the spotlight: “The Association of Private Client Investment Managers and Stockbrokers yesterday shed light on the number of rebel British investors in Royal Dutch Petroleum who are refusing to accept the terms of the merger with Shell Transport and Trading.”: Saturday 3 September 2005: READ
Daily Telegraph: A week is a long time in politics of the pump: “The culprit is Hurricane Katrina, which has spread a petrol shock from the Gulf of Mexico right across the world. Pump prices are soaring from Australia to Zambia, triggering dismay, and even threats of strike action.”: Saturday 3 Sept 2005: READ
Irish Independent: Shell rejects bid to free gas protesters: A spokesperson for the jailed men, Mark Garavan, said that Shell's response to the initiative was unsurprising. "They [Shell] are in a mess of their own making now. By seeking the injunction in the first place they have precipitated this crisis and Shell are unable to get out of it because they are so legally exposed.": Saturday Sep 03, 2005: READ
The Guardian (UK): New supplies cut oil price: “The pressure was also eased by the reopening of some of the pipelines and ports along the Louisiana coastline. Royal Dutch Shell said repairs were under way at its 225,000-barrel refinery, and the plant might reopen next week.”: Saturday September 3, 2005: READ
Reuters: Shell says Cougar, Enchilada unit producing again: “WASHINGTON (Reuters) - Shell Oil said on Friday it began producing crude oil and natural gas from its Cougar and Enchilada units in the Gulf of Mexico.”: Saturday 3 September 2005: READ
The Age (Australia): Shell starts Gulf of Mexico production: September 3, 2005: READ
PR Newswire: Shell Partners With Houston Food Bank and American Red Cross to Help Victims of Hurricane Katrina: Posted Saturday 3 Sept 2005: READ
International Herald Tribune: The real looters: “In the midst of this charity, big oil looted America. The pumps instantly shot past $3 a gallon, with $4 a gallon well in sight. In a thinly disguised attempt to act as if it cared about the people wading in the water, Chevron has pledged $5 million to relief efforts. ExxonMobil and Shell have pledged $2 million apiece. British Petroleum and Citgo have pledged $1 million each.”: “This is nothing next to their wealth.”: “It is not pleasant to see anyone loot a store. But big oil is looting America, and no one is declaring martial law on them.”: Saturday 3 September 2005: READ
Financial Times: On London: FTSE 100 spivvs itself up as oil and gas values rise: Saturday 3 September 2005: READ
edubourse.com: Shell buys Gazprom's first LNG to the US: Friday 2 September 2005: READ
Ireland On-Line: Shell refuses to waive Rossport Five injunction: “The company said it had already made a number of concessions to the Rossport men and could not consider asking for the injunction to be lifted.”: Friday 2 September 2005: READ
The Wall Street Journal: Status of Key Energy Facilities: Royal Dutch Shell reports "significant damage" at Mars oil, gas platform and posts photo showing collapse of topside structures; platform produces the Gulf Coast's benchmark high-sulfur crude -- the kind most used by refineries but most easily replaced by imports; also produces gas. Company also reports damage to WD-143 offshore pipeline hub, which could delay restoration of production at connecting platforms. Friday 2 September 2005: READ
The Wall Street Journal: Damage to Oil and Gas Facilities Pushes U.S. Closer to Energy Crisis: "Royal Dutch Shell PLC reported damage to three key facilities: offshore producing platforms Mars and Cognac and a hub facility that gathers oil and gas from large deep-water platforms.": Friday 2 September 2005: READ
THE NEW YORK TIMES: Offshore Rigs, Platforms Damaged in Storm: “Hurricane Katrina damaged or displaced an estimated 58 Gulf of Mexico oil platforms and drilling rigs, according to the American Petroleum Institute.”: Friday 2 Sept 2005: READ
Financial Times: Producers count cost of direct hit on hub: "Royal Dutch Shell said its Mars and Cognac platforms were damaged, as well as a large pumping station in the central Gulf of Mexico area.": "Nine Gulf Coast refineries are closed, three under significant amounts of water.": Friday 2 September 2005: READ
AFX Asia (Focus): China's Jilin Guangzhen, Shell establish JV to explore, develop oil shale: “China has the fourth-largest oil shale deposits in the world after the US, Brazil and Russia, while Jilin province, with 17 bln tons, accounts for about 56 pct of the country's total.”: Friday Sept 02, 2005: READ
Lloyds List: Shell in $9.2m US shareholder pay-off: “But it still has one other class action pending in the US by shareholders angered by the devaluation of their shareholdings immediately after the reserves recategorisation was announced.”: Friday Sept 02, 2005: READ
The Guardian (UK): Shell pays $9m to settle investor lawsuit: “Shell still faces a much larger and potentially damaging class action from a wider group of shareholders as well as investigations by the operator of the Dutch stock market, Euronext, and a state regulator in California.”: Friday Sept 02, 2005: READ
Globe & Mail (Canada): EnCana stock heats up: “Calgary - Royal Dutch Shell PLC is looking to bid for EnCana Corp., market speculators say…”: “"It would establish Shell clearly and squarely as the No. 1 natural gas producer in North America…”: Posted Friday 2 Sept 2005 READ
Reuters: Capline crude pipeline at 75 pct capacity –Shell: “Shell also said that "selected western and central corridor pipeline systems" connected to Gulf of Mexico offshore production have resumed operation”: Friday 2 September 2005: READ
AFX UK (Focus); Shell appoints new heads for Africa, Nigeria ops: “A company statement sent to AFP here said Ann Pickard had been appointed as executive vice president for Africa. Pickard will be based in Lagos and she will succeed Chris Finlayson, who is moving to Russia as executive vice president of Shell's exploration and production business, it said.”: Thursday Sept 01, 2005: READ
AFX Europe (Focus); Japan's Showa Shell president to resign as of Sept 30: Thursday 1 September 2005: READ
Betten Beursmedia News: The Shell Group (Shell) today announced that a settlement has been reached with the plaintiffs in shareholder derivative actions arising out of Shells 2004 reserves recategorisation.: Thursday 1 September 2005: READ
THE WALL STREET JOURNAL: Status of Key Energy Facilities: September 1, 2005: READ
THE WALL STREET JOURNAL: Among the biggest casualties: Royal Dutch Shell PLC's Mars platform, which produces 220,000 barrels of oil and 220 million cubic feet of natural gas each day: READ
The Wall Street Journal: The Relentless Rise in Oil Prices: Royal Dutch Shell PLC cautioned that their customers also could suffer supply disruptions.: Thursday 1 September 2005: READ
THE NEW YORK TIMES: Gas Prices Surge as Supply Drops: “The Mars platform of Royal Dutch Shell - which alone accounts for 15 percent of the gulf's oil production - is "severely damaged," the Coast Guard said in a release.”: 1 September 2005: READ
The Times (UK): Shell and Lend Lease end plan to redevelop South Bank HQ: “The company denied that the termination of the joint venture meant the Shell Centre would be sold after the consolidation of the group’s headquarters in The Hague.”: Thursday 1 September 2005: READ
Reuters: Shell to pay $9.2 million to settle shareholder suits: “Shell… has been battling lawsuits and criminal and regulatory probes since it announced in January 2004 that it had overstated its oil and gas reserves by around 20 percent.”: Thursday 1 September 2005: READ
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