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View Article  The Independent: Russia says Shell facing $50bn Sakhalin bill

By Andrew Osborn in Moscow
Published: 29 September 2006

Shell is facing growing uncertainty over the future of its Russian ...   more »

View Article  The Independent on Sunday: Oil’s big beasts dive for cover

Business Analysis

By Abigail Townsend
Published: 24 September 2006

Not so long ago, it was the best of times to ...   more »

View Article  The Independent: lubricates Chinese operation

By Michael Harrison, Business Editor
Published: 23 September 2006

Shell increased its presence in China yesterday by buying a controlling ...   more »

View Article  The Independent: Major oil find could boost US reserves by half
One of the world's biggest oil companies held out the prospect that the US could increase its domestic oil reserves by up to a half after unveiling positive results from drilling in the Gulf of Mexico yesterday.   more »
View Article  The Independent: Market Report: Premier leads list of Shell takeover candidates

By Andrew Dewson
Published: 06 September 2006

It looks like traders are taking the scattergun approach in attempting to predict ...   more »

View Article  The Independent: SEC clears Watts over Shell reserves scandal

By Michael Harrison, Business Editor
Published: 31 August 2006

Sir Philip Watts’ two-year battle to clear his name ended in ...   more »

View Article  The Independent: Shareholder raps Shell’s ‘corroded’ gas pipes

Posted by Royal Dutch Shell Plc.com at August 29th, 2006

By Julia Kollewe
Published: 29 August 2006

Royal Dutch Shell ...   more »

View Article  The Independent: The pipes may leak but profits haven’t dried up in the oil sector

For some, soaring prices are a reason to pile in; for others, it’s time to look further afield

By Jenne ...   more »

View Article  The Independent: Is it possible to drill for oil without devastating the environment?
BP was shouting at the top of its voice yesterday about how it is prioritising the environment in this sensitive area inside the Arctic Circle. But environmentalists say the evidence of corrosion simply proves what they have been saying all along: that BP's Alaskan operations have an appalling environmental record that has only been exposed because of brave whistle-blowers inside the company.   more »
View Article  The Independent: Shell agrees to change route of gas pipeline in west Ireland

By David McKittrick, Ireland Correspondent
Published: 05 August 2006

The multinational company Shell has promised to change the route of ...   more »

View Article  The Independent: The whale's tale: Sakhalin: “extraction or extinction?”
In fact, the precedents set here could have much wider impacts. A report from the World Wildlife Fund, in November 2005, stated that the "significance [of Sakhalin] should not be underestimated... [Shell] has shown significant interest in the Arctic region", including the Barents, Beaufort and Bering seas where it "would face similar challenges to the Sakhalin project, in terms of ice conditions, marine mammals, indigenous peoples and important fisheries".   more »
View Article  The Independent: In this green contest, the environment loses
But the consortium planning to build 270 wind turbines in the sea off the North Kent coast, Shell WindEnergy submitted a proposal to build a large, ugly electrical substation on unspoilt Cleve Hill, overlooking Graveney Marshes.   more »
View Article  The Independent: BHP used Rifkind to lobby US for Iraqi oil
The minutes, which were taken by Australian government officials and labelled "Confidential", note: "Sir Malcolm emphasised that it was critical to register the BHP Billiton/British Dutch [Shell]/Tigris interest early with the US administration ...   more »
View Article  Royal Dutch Shell Plc .com: Russians try to round up BP's backing for Rosneft float
From The Independent: There have also been suggestions that Rosneft has also approached Shell.   more »
View Article  Royal Dutch Shell Plc .com: Watchdog orders curbs on LPG bills
From THE INDEPENDENT: BP is also under investigation in the US for allegedly fixing the price of propane used by millions of Americans for cooking and heating in trailers and rural homes. A former BP energy trader has already pleaded guilty to federal charges of conspiracy to manipulate prices.   more »
View Article  Royal Dutch Shell Plc .com: Good money, and no need to get wet
<From The Independent: "Fewer UK schoolchildren are going into engineering, so Shell and our competitors are fishing in a decreasing pond," says Paul Garnham, Shell's global recruitment coordinator for petroleum engineering. "That was OK two or three years ago when we were downsizing, but now things have really turned around. Now we're manning up again big time."   more »
View Article  Royal Dutch Shell Plc .com: Is ethanol the answer to the world's oil problems, or a green pipe dream?
From The Independent: Britain entered the biofuel age in November when the Government announced the Renewable Transport Fuels Obligation (or the biofuels obligation, for short). This will require UK oil companies such as Shell and BP to blend a fixed proportion of biofuels - 5 per cent by 2010 - with all the petrol and diesel they sell.   more »
View Article  Royal Dutch Shell Plc .com: Is ethanol the answer to the world's oil problems, or a green pipe dream?
From The Independent: Britain entered the biofuel age in November when the Government announced the Renewable Transport Fuels Obligation (or the biofuels obligation, for short). This will require UK oil companies such as Shell and BP to blend a fixed proportion of biofuels - 5 per cent by 2010 - with all the petrol and diesel they sell.   more »
View Article  Royal Dutch Shell Plc .com: More questions than answers are left hanging in the air by BA price-fixing affair
The Independent: “When Royal Dutch Shell went into melt-down two years ago after admitting that its oil reserves estimates had been concocted, the shock to the business, though traumatic at the time, ultimately proved therapeutic. Faced with its biggest corporate scandal in a century, Shell ditched its twin listing, its dual board, and, along with it, the bureaucratic management structure which had earned the company’s South Bank headquarters the title of the Kremlin.”   more »
View Article  The Independent: Johann Hari: Payback time for corporate villains? (Read this one Dr John Huong)
Not only has their environment been destroyed; the people of the Niger Delta have seen none of the profits. Although Shell has extracted more than £30bn from the area, the people who live on the land survive on less than 60 pence a day, with barely any roads, schools or hospitals. Many of the Ogoni people who have spoken out against this scandal have been killed by the Nigerian state. Shortly before he was seized on ludicrous trumped-up charges, Saro-Wiwa said: "This is it. They are going to arrest us all and execute us all for Shell." Although Shell vociferously denies responsibility, their close business partner swiftly hanged Saro-Wiwa, and a major critic of the corporation was conveniently silenced.   more »
View Article  The Independent: Anger at oil chief’s $400m retirement package
Lee Raymond, the chief executive of Exxon Mobil, has bowed out from the oil giant with a $400m pay and retirement deal that has caused outrage among environmentalists. In his 12 years at the top of the company, Exxon has pumped an estimated six billion tons of carbon into the atmosphere and has led the opposition to action on climate change.   more »
View Article  The Independent: Shell and Statoil seek partner for new 'clean energy' project
Shell and Norwegian oil company Statoil are seeking a partner for their revolutionary $1.5bn (£800m) project to take millions of tons of carbon dioxide (CO2) from a new power station and pump it under the sea.    more »
View Article  The Independent: Russia seeks to seize control of Sakhalin
Royal Dutch Shell's flagship investment in Russia was facing uncertainty last night after the Natural Resources Ministry threatened to scale back the company's stake in a huge liquefied natural gas project to allow the Kremlin greater control. Shell declined to comment but is known to have incurred the Kremlin's wrath due to massive cost overruns on Sakhalin-2, which have prompted the Anglo-Dutch firm to ask the government to allow it to double its investment to $20bn.   more »
View Article  The Independent: Shell's Technology Enterprise Programme: One big Step for studentkind
So why is a multinational like Shell making such efforts to promote innovation among the minnows of the business world? Louise Johnson, the company's head of social investment, says its motive is one of enlightened self-interest.   more »
View Article  The Independent: 'Oil companies mask corporate greed and environmental devastation with very slick PR'
Oil is a curse that fuels war, poverty and environmental destruction. Yet the companies most responsible are profiting handsomely...   more »
View Article  The Independent: Shell grows in Canada with £1.2bn oil sands deal
The BlackRock deal came as fresh uncertainty surrounded another large gas find in which Shell has a 25 per cent interest - the Gorgon field off the coast of Western Australia. Ironically, Gorgon was one of the fields which Shell was forced to unbook after the reserves reporting scandal of 2004 which cost the jobs of its top three executives. Shell had booked 500 million barrels of "proved" reserves from the field even though none of its other partners had booked their reserves.   more »
View Article  The Independent: Shell scraps target for replacing reserves
Royal Dutch Shell has abandoned its target of replacing at least 100 per cent of production with new reserves - one of the solemn commitments it made to placate the City after the reserves scandal two years ago, which led to three board members being sacked and the biggest shake-up of the company in a century.   more »
View Article  The Independent: Royal Dutch Shell banks £1.5m profit an hour
Mr van der Veer revealed that the company was attracted by the "great potential" of oil sands, which have previously been viewed by industry experts as too expensive to exploit but can offset the decline of conventional reserves.    more »
View Article  The Independent: Shell gas field protesters threaten to turn Ireland into a new Nigeria
The Rossport Five, who went to jail last year for their protests against a planned Shell gas pipeline in Ireland, have warned that the company will need army protection if it does not change its plans. "They will have to bring the guards and the army," he said. "The spectacle of our police and army protecting a private company will not look good. Lots of people are prepared to go to jail, including women and children. This is about the survival of the community."    more »
View Article  The Independent: The Big Question: Should we fear Kremlin control of Europe's energy supply?
Gazprom is also controlled by the Russian government. Although the company is traded on the Moscow stock exchange, where it is valued at R7,300bn (£149bn), the Kremlin owns 51 per cent of the shares and appoints the senior management. If any institution could be said to be the engine of the Russian economy, it is Gazprom.   more »
View Article  The Independent: Shell urged to abandon $20bn Siberian pipeline that could drive whale species to extinction
With the melting of the ice after eight months, the Anglo-Dutch oil giant is set to enter a crucial offshore construction phase in the development of its $20bn [£11.2bn] oil and gas programme. Wildlife campaigners say the price of the pipeline could be the extinction of a species of whale.   more »
View Article  The Independent: Shell pioneers solar-powered gas
The world's first gas platform powered solely by wind and solar energy has begun production, in a breakthrough for the offshore industry in low-cost exploitation of marginal fields. Royal Dutch Shell will announce today that it has begun pumping gas from its Cutter platform in the UK southern North Sea.   more »
View Article  The Independent: Nestlé looks set to swallow up McCartney range of frozen meals
Nestlé is among a top 10 of "unethical" multinational companies in an Ethical Index by the market research firm The Fraser Consultancy published today. The Swiss company is 10th on a list headed by McDonald's, with Nike and Shell in second and third place respectively.    more »
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