Shell presses on with injunction against Rossport Five
Aine Ryan
SHELL is still seeking a permanent injunction to stop the Rossport Five and two other landowners in north Mayo from closing off their land.
Despite offering an olive branch and apology to locals last week, the company wants a court order allowing its personnel to enter the objectors’ land. The High Court case is due for mention on Tuesday before Justice Mary Laffoy.
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“We do not anticipate a situation where people would go back to jail and we are determined to find a negotiated solution to this issue,” said Susan Shannon of Shell.
“However, like any other large infrastructural project, we do need to have legal protection.”
Shell says the continued court action does not contradict the spirit of last week’s concessions by the company. But Maura Harrington, of protest group Shell-to-Sea, insists the company is speaking with a “forked tongue” by pursuing the injunction. read more
Comment: Matt Cooper: Rossport Five bury their heads in the sand and the tide turns
The organisers of the Shell to Sea protest must be pretty pleased with themselves. Formed with the aim of preventing the construction of a pipeline bringing gas from the Corrib field in the Atlantic onshore to Mayo, the group has had an unexpected degree of success. But the tide of public opinion is about to turn.
Locals in Rossport, a rural area of Mayo under whose land the pipe is supposed to run, have won much public sympathy for their opposition to the pipeline. This was helped by a largely understanding media and blundering tactics by Shell, the operator of the gas field.
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The protest group’s finest hour — or 94 days, to be precise — came when five local men went to jail rather than give the High Court an undertaking not to obstruct construction of the pipeline. Beatified by their supporters for standing up to a “rapacious” oil giant, the men were seen as selfless in sacrificing their personal liberty to secure the safety and freedoms of others.
After that, how could the movement fail? It seemed as if the trump cards they possessed, most of them dealt by Shell, gave them an unbeatable hand. It was surely only a matter of time before Shell, despite claiming it was not feasible, was forced to construct a more expensive off-shore gas refinery. read more
Those of a timorous disposition may want to avoid Enron: The Smartest Guys in the Room. Most Hollywood horror is ultimately comforting, since you can tell yourself it never happened. Not so the events recounted in this blood-curdling, neatly constructed documentary on the rise and fall of the notorious Houston energy giant, culminating in the world's biggest bankruptcy.
As the film progressively reveals, principally through the mouths of the protagonists, they really were as bad as they seemed. We see the hubris (one of the shell companies set up to shelter the firm's mounting losses was called M. Yass – OK, move the full stop to the right), the self-serving and the rampaging greed. In retrospect, though, what should send shivers up every spine is that if Enron and Arthur Andersen were business's Twin Towers (40,000 jobs and $100bn of capital were lost between them), the fundamentalism that brought them crashing down was not some external malevolence: the enemy was, and is, within. read more
Equity view Edited by Sylvia Pfeifer (Filed: 07/05/2006)
Buy Shell for the long term
More than two years after it was forced to downgrade its proven oil and gas reserves by about a third, Royal Dutch Shell (£18.73) is still dogged by the same problem.
Last week it announced record first-quarter profits of $6bn (£3.2bn), a rise of 12 per cent, but the gloss was taken off the results by the admission that it might miss its target of replacing its reserves over the coming years.
Oil companies need continually to replace the oil they pump out of the ground and Shell had previously promised to raise its reserve replacement ratio to 100 per cent between 2004 and 2008, compared with a 72 per cent average over the past five years.
Shell's chief executive, Jeroen van der Veer, blamed the drop on the US Securities & Exchange Commission's strict rules for defining proved reserves. The rules do not allow the inclusion of “unconventional” reserves such as oil sands and gas-to-liquids, which are likely to feature increasingly in Shell's explor-ation.
On the face of it, the news doesn't look good. Nevertheless, Shell is not the only oil company to have fallen foul of the SEC's strict guidelines in recent years. On the plus side, Shell remains committed to opening up some 20bn barrels of resources by the end of this decade and is increasing capital investment from $19bn this year to $21bn next year. It also still plans to lift production from 3.8m to 4m barrels equivalent a day by 2009.
Relative to its peers, Shell's shares are undervalued. Critics argue that the discount is warranted given the chance of few medium-term catalysts to boost the shares. Nevertheless, we believe investors should be comforted by the company's progressive dividend policy.
The shares, which are yielding 3.5 per cent, are likely to be supported by a continuation of the strong macro envir-onment.
Although securing reserves from unconventional resources is more expensive, it is a bet that could pay off handsomely if oil prices remain high. Buy for income.
Royal Dutch Shell will come under pressure from shareholders at its annual meeting in The Hague and London on 16 May to clean up its environmental act.
A strongly worded shareholder resolution calls for 'a major improvement in Shell's performance in terms of community and stakeholder consultation, risk analysis, and social and environmental impact analysis'.
And the oil and gas company is facing a double whammy over its performance: an EU-funded project, Advance, has assessed the environmental performance of 65 European manufacturers for 'sustainable value', or non-financial corporate performance in monetary terms. The highest ranked company at present, getting a sustainable value of more than €26.1bn, is DaimlerChrysler. Shell ranks lowest on the list, with a negative value of €180bn. read more
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.
JOHN DONOVAN TV DOCUMENTARY INTERVIEW
SHELL EXECUTIVES AT THE CENTER OF A SCHEME TO STEAL $1.3 BILLION FROM NIGERIA’S PEOPLE
SHELL ADMITS DEALING WITH NIGERIAN MONEY LAUNDERER – BBC NEWS
SHELL, ENI AND NIGERIAN OFFICIALS IN OPL 245 CORRUPTION SCANDAL
INVESTIGATION OF OPL 245 NIGERIAN OIL CORRUPTION SCANDAL
DUTCH EARTHQUAKES CAUSED BY SHELL/EXXON
SHELL KILLS FOR OIL IN NIGERIA
SHELL LIED ABOUT CLEANING UP OIL IN NIGER DELTA
SHELL SPIES INFILTRATED NIGERIAN GOVERNMENT
LEGO DROPS SHELL OVER GREENPEACE OIL SPILL VIDEO
SHELL ARCTIC DRILLING ACCIDENTS
SHELL KNEW ABOUT CLIMATE CHANGE DECADES AGO
ROYAL DUTCH SHELL FOUNDER SIR HENRI DETERDING, NAZI FINANCIER
JOHN DONOVAN PROMOTIONAL GAMES FOR SHELL AND OTHER CLIENTS
Listen and read proof in audio and transcript form of Shell CEO Ben van Beurden’s cover-up tactics in the OPL 245 Nigerian corruption scandal. The instruction given by him in the covertly recorded call to CFO Simon Henry was at odds with Shell’s claimed core business principles. Cover-up and obstruction, instead of transparency and integrity, says Shell critic John Donovan
I used shell broadband. It was by far the worst broadband provider ever! The internet did not work most days. I had their super fast broadband and it dropped out constantly. Watching a movie was awful with the constant buffering. Customer support was super slow. Now their going to charge me for the useless router which I have sent back.
Date of experience: 21 November 2023
By far the worst broadband provider ever!
The worst ever
I used shell broadband. It was by far the worst broadband provider ever! The internet did not work most days. I had their super fast broadband and it dropped out constantly. Watching a movie was awful with the constant buffering. Customer support was super slow. Now their going to charge me for the useless router which I have sent back.
Date of experience: 21 November 2023
By far the worst broadband provider ever!
30 November 2023: Posted by John Donovan
The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.
Extremely slow broadband for 10 months, not fixed.I have had slow broadband well below the guaranteed speed for 10 months and Shell Energy have not been able to fix it.They have tried sending about 4 or 5 engineers but have not fixed the problem.Gurps, who I have been dealing with most recently, has been friendly and polite, alth… Read more
I ordered shell energy broadband on nov 2. I was promised connection the following week. They initiated the direct debit. I called the following week and was told router would arrive on 13 and service would go live on 17. No further email or communication until 20 when I was told service would start on 30th. Spent 10 minutes waiting on phone line and spoke to a polite assistant who was absolutely useless in solving my problem. Avoid this unprofessional and chaotic… Read more
Shell Energy Broadband Service is Appalling
OVER 500 EXTERNAL PUBLICATIONS CITING OUR SHELL WEBSITES
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 websiteetc. 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
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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.
