[Lieberman]

Just realised that Shell do not actually have any operations in Iraq!

[numusic]

zviboy said:

Just realised that Shell do not actually have any operations in Iraq!

LOL, whaddaya mean, just realised ?

BTW; they do

www.googlesyndicatedsearch.com/u/corpwatch?q=shell&hl=en&ie=UTF-8&start=10&sa=N

[mose]

zviboy said:

Just realised that Shell do not actually have any operations in Iraq!

kidding?

Shell has positioned themselves to be one of the biggest players in Iraq, especially in the wake of their overstating of reserves.

news.independent.co.uk/world/middle_east/article2132569.ece


"The US government has been involved in drawing up the law, a draft of which has been seen by The Independent on Sunday. It would give big oil companies such as BP, Shell and Exxon 30-year contracts to extract Iraqi crude and allow the first large-scale operation of foreign oil interests in the country since the industry was nationalised in 1972."

www.wsws.org/articles/2003/mar2003/oil-m18.shtml

"In 2004, Shell recruited an Iraqi external affairs officer to help the company gain access to Iraqi government decision-makers, specifying in their advertisement:

“A person of Iraqi extraction with strong family connections and an insight into the network of families of significance within Iraq”.(26)

Through these means, the companies aim to be well-positioned when it comes to the signing of contracts."

www.globalpolicy.org/security/oil/2005/crudedesigns.htm

Oil companies covet Iraq's oil wealth, and are pushing for access to it through production sharing agreements

1. A right to oil reserves. Companies want a deal that guarantees their right to extract the reserves for many years, thus ensuring their future growth and profits. Furthermore, they want a contract that allows them to ‘book’ these reserves – including them in their accounts – which increases their company value. Production sharing agreements, like concession contracts, permit companies to book reserves in their accounts. The importance of this should not be underestimated for the oil majors. In 2004, when British/Dutch oil company Shell was found to have overstated the size of its ‘booked’ reserves by over 20%, it lost the faith of the financial markets: this impacted heavily on its share price and credit rating. Shell is now desperate to acquire new reserves – which is a key reason why Shell has made more effort than most to make friends in Iraq.

[Lieberman]

apologies for any oversight! glad to know you are so well informed.

anyway i've got an ap available!

[romanywg]

From Art Not Oil. A true portrait of an Oil Company. Some good images there.
www.artnotoil.org.uk/gallery/v/artnotoil2005/Copy+of+Start+wars.jpg.html

[stuey09]

zviboy said:

apologies for any oversight! glad to know you are so well informed.

anyway i've got an ap available!

Its precisely because companies such as Shell are up to their necks in Iraq that the friggin' A/P your trying to sell is called SBFO. Glad you're up to speed on your products.

[Lieberman]

i have hundreds of products - please don't lynch me