News and information on Shell Plc
Sunday, 1 May 2005
ExpressIndia.com: Iran says expects to win bid to buy Basell: “Iran said it was better-placed to buy polymer joint venture Basell than its Indian rivals and expects to be the final winner in the sale process…”(ShellNews.net) 1 May 05
Monday, 2 May 2005
Lloyds List: Liquid gold Qatar leads the way with huge export projects
31 May 2005
‘THERE is Qatar and there is everyone else,’ is now a common statement in the LNG industry.
And no wonder. Qatar and its oil major partners are raising the industry benchmark with their huge projects to export gas to the UK and US, notably through the largest ships and liquefaction trains ever built.
Within the next three years, this tiny nation will become the world’s largest exporter of LNG, thanks to the series of RasGas and Qatargas projects. Not long after that, Qatar Gas Transport (Nakilat) will take over the mantle as the world’s leading LNG shipping company.
31 May 2005
Shell India announced on Monday that it has been declared a winner of the prestigious ‘Golden Peacock Eco-Innovation Award 2005’ by the World Environment Foundation (WEF). The award recognizes the innovative environmental features and technologies deployed at Shell fuel retail stations, including double-walled fibre-glass storage tanks, leak-proof piping, impervious forecourts and oil-water interceptors.
Vikram Singh Mehta, Chairman, Shell Group of Companies, India, said, “We are honoured by the Award and gratified that the eco-friendly technology and practices deployed in our retail business are welcomed by society. This award is a recognition of sustainable development, which is at the heart of ‘the way we do business’ in Shell.”
CALGARY, May 30 /CNW/ – Flying J Inc, a privately held U.S. corporation
based in Ogden, Utah, and Shell Canada Limited, an integrated oil and gas
company based in Calgary, Alberta announced today that they are opening their
first co-branded travel plaza in western Canada on Tuesday, June 7, 2005. The
travel plaza site, the first Flying J site in Canada offering Shell branded
gasoline, is located on 20 acres just east of Edmonton, Alberta in Sherwood
Park on the Yellowhead Highway, a major trans-Canada transportation route for
31 May 2005
LOS ANGELES — Select Shell Oil stations in the Los Angeles area will debut the VST Media Network, offering news, sports and entertainment to drivers while they fill their tanks. VST partnered with two independent Los Angeles-based Shell dealers: Pacific Fuels and C.A.R. Enterprises Inc.
The system from VST Media Inc. runs paid advertising in addition to reporting news, sports and entertainment, plus movie trailers, public service announcements and emergency alerts. It runs over a high-speed, centrally managed network that provides regular updates to the programming at the pumps. When the pumps are not in use, screens cycle through a series of on-site promotional offerings. Lifting the fuel nozzle from the dispenser triggers the start of a two- to three-minute programming loop, matched to the average consumer fueling time. The loop features a maximum of six 15-second ads.
31 May 2005
WITH so much excitement surrounding the LNG industry, it is easy to overlook the fact that the two nations with the world’s largest gas reserves, Russia and Iran, have yet to export a cargo by ship between them.
Indeed, during the next 10 to 15 years, experts expect 10 or 11 new exporting countries to join the dozen that are already in the industry.
In addition, many of the countries that are already exporting LNG are planning to expand their production dramatically.
May 31, 2005
By Gary Duncan
SHELL yesterday faced accusations of unfairly inflicting heavy bills for capital gains tax on some British investors who hold shares in the Dutch arm of the oil giant.
Under Shell’s impending restructuring, shareholders in the British and Dutch arms of the group are to be issued with new shares in Royal Dutch Shell, an entity formed from the combination of the two.
However, Angela Knight, chief executive of the Association of Private Client Investment Managers, says several thousand mainly small UK investors in Royal Dutch will lose out. She says the Shell scheme is tax-neutral for shareholders in Shell Transport and Trading, and for Dutch and American investors in Royal Dutch Shell, but she had found that UK shareholders in the Dutch part of the group face an unavoidable capital gains charge.
31 May 2005
By Clay Harris
Royal Dutch/Shell should modify its unification proposals to minimise the potential tax burden on a relatively small group of individual shareholders in the UK, an investment industry leader said yesterday.
Under the scheme due to be considered by shareholders next month, UK holders of Royal Dutch who accept shares in the new unified Royal Dutch Shell will be treated as if they had disposed of their old shares, giving rise to a potential capital gains tax (CGT) liability.
THE WALL STREET JOURNAL: Shell to Start Talks With Nigeria, Ogoni Activists
By SHAI OSTER
DOW JONES NEWSWIRES
May 31, 2005; Page A7
LONDON — Royal Dutch/Shell Group will start reconciliation talks with the Nigerian government and representatives from Ogoniland that could lead to its return to Nigeria’s oil-rich region and could help resolve one of the worst chapters of Shell’s history in that nation.
Shell left the region in 1993, following violent protests there. The ensuing government crackdown led to the execution of Ogoni activist Ken Saro-Wiwa.
Daily Telegraph: Huge tax bills for Royal Dutch investors from Shell merger
By Paul Farrow (Filed: 31/05/2005)
Hundreds of British shareholders in Royal Dutch Petroleum face huge capital gains tax bills when it merges with Shell Transport & Trading.
Last week, the oil giant announced the timetable for this deal. If, as expected, the proposals are accepted, investors will exchange existing shares for shares in the new company on July 20.
The vast majority of shareholders will not have to pay any tax when the shares are exchanged. British Shell Transport & Trading shareholders qualify for rollover relief and will only be liable for CGT as and when they dispose of their shares in future.
Posted 30 May 2005
By James F. Peltz
Los Angeles Times
Michael Lemmons / michael.lemmons@amarillo.com
SAN RAMON, Calif. – Odd as it sounds, the U.S. arm of Chevron is getting back into the business of Texaco.
The Texaco brand of gasoline had withered in the U.S. market since 2001, when Chevron Corp. bought Texaco Inc. for $39 billion. The combined company went by the name ChevronTexaco until shortening its official moniker to Chevron Corp. earlier this month.
To get their merger cleared by antitrust authorities, ChevronTexaco sold exclusive rights to the Texaco brand for three years to a group led by the Shell division of Royal Dutch/Shell Group.
30 May 2005
Petroleum giant may be ready to expand its N.S. holdings
By JUDY MYRDEN / Business Reporter
There is speculation that one of Nova Scotia’s oldest players in the offshore has its eyes on the Deep Panuke natural gas discovery.
Shell Canada Ltd., which owns a third of the Sable gas project, is interested in EnCana Corp.’s nearby Panuke discovery, a Calgary newspaper reported.
Jan Rowley, a Shell Canada spokeswoman, confirmed that the company, as a partner in the Sable project, is in discussions with EnCana.
30 May 2005
Lorna Siggins, Marine Correspondent
Two Mayo TDs have called on the Government to insist that Shell E&P Ireland build a shallow water offshore terminal for the €900 million Corrib gas field on safety grounds.
Fine Gael TD Michael Ring and Independent TD Dr Jerry Cowley were responding to an Irish Times report that a British consultancy firm, hired by Minister for the Marine Noel Dempsey to conduct an independent safety review of the onshore pipeline, is part-owned by the project’s major shareholder, Shell.
Posted 29 May 2005
OTUEGILA, Nigeria: Local leaders from 13 communities in southern Nigeria’s oil-rich but restive Niger Delta accused the Anglo-Dutch energy giant Shell of reneging on a promise to build them a road yesterday and demanded that the firm halt its operations in their area.
The protest was set to overshadow yesterday’s publication of Shell Nigeria’s annual People and the Environment report, which recounts the work the firm has carried out in order to relieve the crippling poverty which blights life in the villages around its multibillion-dollar facilities.
29 May 2005
LESS charitable views on Royal Dutch/Shell in the darkest days of last year had a lot in common with those of the North Sea. Like the company, the North Sea smacked of terminal decline, its glory days left behind some time in the 1980s, its talent moving on to new pastures.
So it must be gratifying for Shell’s North Sea explorers to strike a blow against both preconceptions. Last week it revealed that it had stumbled upon what looks like Norway’s biggest gas find in five years with its Onyx West well.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission website etc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our non-profit websites and/or our activities.
John Donovan, the website owner
This is not a Shell website. The nature of this platform should be evident from the content presented here and on our related Shell-focused websites, including shellnazihistory.com. For more details, please refer to the Disclaimer link at the top of this page. Shell does not endorse or approve of this website.
Our platform operates as a non-commercial, advert-free, and subscription-free space. We do not solicit or accept donations and aim to provide information to our readers free of charge. The Shell logo image with white text used on this website is in the public domain due to expired copyright and anonymous authorship. It can be found on WIKIMEDIA COMMONS. Use this link for Shell’s own website.
Our content, including images and features like the Sheldon chatbot, incorporates information generated by Artificial Intelligence (AI) and various other technological means. We may also draw from sources such as Wikipedia and other published materials. Please note that some content may include satirical adaptations or elements of gossip, rumors, or exaggeration to engage and entertain our audience.
We strive to maintain factual accuracy and encourage readers to notify us promptly if any factual inaccuracies are found, so we can address and rectify them swiftly. Readers are advised to verify all information independently for accuracy and completeness. Any actions taken based on the content provided on our platform are at your own risk.
