So with Shell agreeing to pay a hefty 42 per cent premium for Duvernay, the debate is now on: Does that signal that the buyers have come around to the sellers' way of thinking? And if so are we just before the peak or just after?
July 16th, 2008:
Peak oil at the boardroom table
This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website,
johndonovan.website, and shellnews.net,
are owned by John Donovan. There is also a Wikipedia segment.
Sunoco Names Shell’s Elsenhans as Chief Executive (Update2)
July 16 (Bloomberg) -- Sunoco Inc., the largest refiner in the U.S. Northeast, named Royal Dutch Shell Plc's Lynn Laverty Elsenhans as chief executive officer, succeeding John Drosdick, who is retiring.
Sunoco names Lynn Elsenhans 1st female CEO, president
Elsenhans joins the company from Shell's Shell Downstream Inc., where she has been executive vice president of global manufacturing since 2005. From 2003 to 2005, she was president of Shell Oil Co. and CEO of Shell Oil Products US.
Shell seeks guarantee over costs in Don case
"Shell is doing all it can to stop these cases coming to court and using its financial weight against a small firm," says Don managing director John Donovan.
Offshore oil drilling: An early jump in Florida
In March, four companies - Australia-based BHP Billiton Petroleum Deepwater Inc., Houston-based Anadarko E&P Co., Shell Offshore Inc. and Italian oil and natural gas company Eni SpA - purchased leases on 36 Gulf of Mexico tracts under the 2006 compromise.
Shell faces libel threat from Don
A spokesman for Shell says the company has no plans to retract the press statement.
Shell: ‘claims will fail’
Despite Shell making the agency an out-of-court settlement of £60,000 over the use-without-consent issue, Alfred Donovan has recently set up a 'Shell Corporate Conscience Pressure Group' to bring attention to what he believes is Shell's misconduct in relation to several promotions the company has run.
UBS Bank plans $3.5 billion buy back arising from securities fraud lawsuit filed by Massachusetts Secretary of State William Galvin (Shell CFO Peter Voser is a director of UBS)
July 16 (Bloomberg) -- UBS AG, Switzerland's largest bank, plans to buy back as much as $3.5 billion of auction-rate preferred shares after being sued in the U.S. for fraudulently selling the securities as low-risk alternatives to cash.
Oil Is Steady After Biggest Drop in 18 Years on Slowing Demand
July 16 (Bloomberg) -- Crude oil was little changed in New York after its biggest one-day decline yesterday in more than 18 years as slowing economic growth reduces demand.
U.S. economy headed for stomach-churning rest of the year
With producer prices rising at the fastest pace in 27 years and Federal Reserve Chairman Ben Bernanke giving one of his gloomiest reports on growth, the U.S. economy is headed for a stomach-churning rest of the year.
Oil Falls $6.44
Separately, Royal Dutch Shell PLC has lifted a force majeure on its Nigerian Bonny oil production invoked in late May following an attack on a pipeline.
Economy: Fears of recession drive shares and oil prices down
The famous investor George Soros reiterated his view that the world was seeing "the most serious financial crisis of our lifetime".
US faces global funding crisis: US Treasury may have just days to act
...far more vulnerable to a collapse of confidence than Japan in the early 1990s after the Nikkei bubble burst.
Oil price is driven up by politics, not speculators says ICE chief
Sir Bob Reid, head of the Brent Oil trading market in London, says the increase in oil prices is being driven by global political problems not speculators, and warned that the boom is set to continue.
Shell increases stake in logen
Royal Dutch Shell, the Anglo-Dutch oil group, and Iogen, the Canadian biotech company, have agreed to extend their commercial alliance...
New levels of hysteria in US banking crisis
More than £30 billion was wiped off the value of Britains biggest companies yesterday as new levels of hysteria in the US banking crisis fuelled fears about the economic and financial fallout on both sides of the Atlantic.
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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.
