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Shell
shareholders were hit in June
with an £80 million tax bill
that followed the biggest
overhaul in the oil group’s 100-
year history. Many faced large
losses from capital gains tax
after Shell Transport, which has
its headquarters in London, said
that it would merge with
Royal Dutch Petroleum,
its Netherlands-based partner.
In June BHP
Billiton paid £3.8
billion for WMC
Resources, the
Australian miner that owns the
massive Olympic Dam uranium
deposit.
Roman Abramovich, owner
of Chelsea Football Club, saw
his fortune rise in September
after selling
Sibneft, the Russian
oil group, for £7.36 billion to
Gazprom,
the world’s biggest natural gas
producer.
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