Smiths evaluates online reports on 21 criteria, some of which reflect Investor Relations Society best practice. Top of the league table is Royal Dutch Shell.
Click to continue reading “Investors let down by online reports”
News and information on Royal Dutch Shell Plc.
Smiths evaluates online reports on 21 criteria, some of which reflect Investor Relations Society best practice. Top of the league table is Royal Dutch Shell.
Click to continue reading “Investors let down by online reports”
A Shell petrol station in Kenya. Nigeria’s government decision to replace Shell’s operations in Ogoni was first celebrated, but not any more.
Written by Zachary Ochieng’
September 29, 2008: The peace process in Ogoni land —a major test for efforts to bring stability to the oil-rich Niger Delta — is likely to fail if the Nigerian government refuses to consult local communities about new oil operations, a new report by the International Crisis Group (ICG) think tank warns.
The report—Nigeria: Ogoni Land after Shell— examines the political and economic implications of the Shell Petroleum Development Company (SPDC) departure from Ogoni land and gives recommendations on resuming peaceful oil operations in the economically strategic and politically volatile region.
“If handled carefully, this transition could persuade some of the Delta’s armed groups that non-violence can produce progress on their demands”, says François Grignon, Crisis Group’s Africa Programme Director. “If handled poorly, it will not only intensify the Delta armed insurgency but also set the stage for a new crisis between the Ogoni tribe and SPDC’s successor oil company”.
The Nigerian government’s 4 June 2008 decision to replace Shell’s operation in Ogoni land was at first celebrated by the Ogoni as a victory for non-violent struggle and local communities over a multinational oil company.
But the government soon announced the concession would be taken over by the Nigerian Petroleum Development Company. The Ogoni consider the government’s unilateral engagement of a new operator a further attempt to deny their stakeholder rights.
http://www.bdafrica.com/index.php?option=com_content&task=view&id=10316&Itemid=5812
The national oil companies of Russia, China and India are all running the slide rule over a 5 billion euro stake that has been put up for auction in Repsol, the Spanish oil giant. European majors also known to be taking a look include Royal Dutch Shell, Total of France and Italy’s Eni.
Click to continue reading “Russia, China and India consider stake in Spanish oil”
Some suggest that oil sands require double the energy usually needed for production. Shell disputes that, putting the figure at just 15 per cent more. Whatever the truth, the oil giants need to capture their emissions via CCS to offset the higher energy use required for oil-sands exploitation.
Natalie Davies, 26, joined Shell in March last year and now works as a project services engineer based in Assen, northeast Holland. She is part of an extensive project to renovate and update the facilities and equipment used in processing gas from the huge Groningen field to make them more efficient and environmentally friendly.
Click to continue reading “Radical new vision of a cooler life on earth”
Flexitricity works to match up small electricity suppliers and the national grid; its parent company, Martin Energy, won a £40,000 award from Shell Springboard, which promotes low-carbon business ideas.
VANCOUVER – British Columbians ratcheted up their opposition to a proposed Shell Canada Ltd. coal-bed methane project yesterday as a group of mayors unanimously approved a resolution demanding Premier Gordon Campbell halt the company’s drilling.
Click to continue reading “Stop drilling, B. C. mayors urge Shell”
Shell and Motiva announced a $1 million donation to the Red Cross to support the organization’s large and lengthy hurricane relief efforts in Texas and Louisiana.
Republican vice presidential nominee Alaska Gov. Sarah Palin staunchly opposed listing the polar bear as an endangered species, arguing that the federal designation could hurt drilling such as Shell’s plans to extract oil from the Chukchi Sea, where polar bears have lived for millennia.
Click to continue reading “Palin, polar bears, Shell Oil and The Nature Conservancy”
Oil and gas companies are notoriously unpredictable investments.
Click to continue reading “Political uncertainties compound losses”