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 Home > Shell Press Release > 1998  
Shell Press Releases
19th November, 1998
Shell launches Euro-dollar bond
Shell launches Euro-dollar bond 19 Nov 1998   Royal Dutch/Shell confirms that it has launched a 5 year, USD 500m Euro-dollar bond, to be lead-managed jointly by ABN AMRO and Morgan Stanley Dean Witter ...
12th November, 1998
Shell Europe Oil Products restructures to increase competitiveness
Shell Europe Oil Products restructures to increase competitiveness 12 Nov 1998   Some three thousand jobs are expected to be lost following the reorganisation of Shell's Oil Products activities in Europe ...
11th November, 1998
Three production licenses re-issued to Salym Petroleum Development N.V.
Three production licenses re-issued to Salym Petroleum Development N.V. 11/11/1998   On November 11, 1998 the Khanty Mansiysk Autonomous Okrug (KMAO) and the Ministry of Natural Resources of the Russian Federation handed over to Salym Petroleum Development N.V ...
9th November, 1998
Shell and Petrobras sign an agreement to develop a liquefied natural gas (LNG) terminal in north-eastern Brazil
Shell and Petrobras sign an agreement to develop a liquefied natural gas (LNG) terminal in north-eastern Brazil 09 Nov 1998   Petrobrás and Shell Brasil today signed an exclusive agreement for the joint development of a liquefied natural gas (LNG) regasification terminal in the State of Pernambuco in north-eastern Brazil ...
5th November, 1998
Shell seeks better returns
Shell seeks better returns 05/11/1998   Shell chairman Mark Moody-Stuart told analysts today that much more had to be done to improve the Group's financial performance in the light of results for the third quarter of this year which he described as "disappointing". Commenting in London following publication of the results he said:  "I am sure we are going in the right direction - but the environment we are working in, underlined by these results, clearly shows that we have to move further and faster than we have been doing."  Mr Moody-Stuart went on: "The really disappointing results are in Chemicals world-wide, onshore Exploration and Production in the USA, and Downstream Gas also in the USA."  On Chemicals he said: "The operational performance has some highspots ...
22nd October, 1998
Shell Chemicals announce development of new PTT process - Cross-Licensing Agreement With Lurgi Zimmer
Shell Chemicals announce development of new PTT process - Cross-Licensing Agreement With Lurgi Zimmer 22 Oct 1998   Shell Chemicals are announcing today the development of a new process to make polytrimethylene terephthalate (PTT) ...
16th October, 1998
Shell To Cut Emissions by 10 Percent
Shell To Cut Emissions by 10 Percent 16/10/1998   The Royal Dutch/Shell Group will cut the emissions of greenhouse gases from its global operations by more than 10 percent by 2002, compared with 1990 levels ...
16th October, 1998
ICI Polyurethanes & Shell Chemicals aim for strategic alliance
ICI Polyurethanes & Shell Chemicals aim for strategic alliance 16 Oct 1998   ICI Polyurethanes and Shell Chemicals Limited have signed a letter of intent regarding the formation of a strategic alliance in the global rigid polyurethane (PU) foam market. Within the alliance Shell chemicals companies would focus on the supply of rigid polyether polyols based on their technology positions in both propylene oxide and polyols ...
15th October, 1998
Shell and DEPA sign a Memorandum of Understanding
Shell and DEPA sign a Memorandum of Understanding 15 Oct 1998 Shell and DEPA sign a Memorandum of Understanding regarding supplies of Turkmen gas and other Central Asia gas to Greece and transit through Greece to other markets in the European region   In Paris today Mr Savvas Papafilippou, Managing Director of the Public Gas Corporation of Greece (DEPA) and Mr Wim Hein Grasso, Director of Shell International Gas Ltd signed a Memorandum of Understanding to study the feasibility of potential supply of Turkmen gas and other Central Asia gas to Greece and the potential transit of such gas across Greece to other countries in the European region. This proposed undertaking forms part of the overall project to bring natural gas from Turkmenistan to the markets of Turkey and Europe, for which Shell received an exclusive assignment by the Government of Turkmenistan earlier this year ...
8th October, 1998
Shell Chemicals Ltd signs Letter of Intent with Shin-Etsu Chemical Co. Ltd for the sale of its vinyl's business
Shell Chemicals Ltd signs Letter of Intent with Shin-Etsu Chemical Co. Ltd for the sale of its vinyl's business 08 Oct 1998   Shell Chemicals* Ltd. announced today that it has signed a Letter of Intent with Shin-Etsu for the sale of its PVC and VCM business interests ...
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