Gordon Gray, analyst at Collins Stewart, warned, however, that at current prices Shell and BP were losing money once capital spending and dividends were taken into account.
January 24th, 2009:
Shell profits mark end of oil price boom: recent golden age of the oil industry has ended
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.
Shell in U.S. Gov. Sex, Drugs and Corruption Scandal
In the hard commercial world, Shell is, as always, prepared to do whatever it takes to meet its objectives, whether in the USA (bribery and corruption), Nigeria (fuelling corruption and violence, with no end to the gas flaring), the North Sea (production and profit before offshore worker lives) or in Russia (bribery and corruption on the Sakhalin-2 project).
Oil giant to reveal results
Since reporting third quarter profits of 10.9 billion US dollars (£6.6 billion) in October, the outlook for Royal Dutch Shell and the rest of the sector has undergone significant change due to the collapse in oil prices, falling demand for oil products and the onset of a global recession
Britain on the brink of an economic depression, say experts
What I find amazing is that people arent really nailing Gordon Brown and [Bank of England Governor] Mervyn King for this, he said. At least in the US they had the excuse of the arrival of sub-prime a new sector of the market. We didnt really have anything similar but we ended up with a bigger national Ponzi scheme than the US.
One last chance to save mankind
With his 90th birthday in July, a trip into space scheduled for later in the year and a new book out next month, 2009 promises to be an exciting time for James Lovelock. But the originator of the Gaia theory, which describes Earth as a self-regulating planet, has a stark view of the future of humanity.
Concerns expressed over Shell water filing
Local and regional representatives expressed serious concerns in the past two weeks about the recent Yampa River water right filing by Shell Frontier Oil & Gas.
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