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February 12th, 2009:

Shell to stall hires, get “ruthless” on contractors

Reuters UK

Thu Feb 12, 2009 2:49pm GMT

By Tom Bergin

LONDON, Feb 12 (Reuters) – Royal Dutch Shell Plc (RDSa.L) may trim its workforce with a plan to leave vacancies unfilled and to “ruthlessly” review its use of contract staff, according to an internal email seen by Reuters.

The email, sent by a senior executive in Shell’s core exploration and production division, told managers “the world has changed” after crude prices collapsed from over $147/barrel in July to around $40/bbl now. read more

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COLD WIND RULES BLOW AT SHELL

LEAKED SHELL MANAGEMENT EMAIL: The chilling content will be of interest to Shell employees and in particular to contractors and suppliers, bearing in mind the vow to “ruthlessly review 3rd parties costs”. Shell has had the opportunity to deny the authenticity of the email or obtain an injunction to prevent publication. The email is authentic.

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 warns on Nigeria Bonny oil exports

LAGOS, Feb 12 (Reuters) - Royal Dutch Shell (RDSa.L) warned on Thursday that unrest in Nigeria's Niger Delta meant it may be unable to meet some oil export obligations from its Bonny terminal for the rest of this month and some of next.

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.

Iraq gas deal with Shell to include Mitsubishi

Iraq is moving closer towards finalising a multibillion dollar natural gas deal with a joint venture including Iraq's South Gas Company, Royal Dutch Shell (RDSa.L) and, now, Mitsubishi (8058.T), an official in the country's oil ministry said.

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.

Venezuela’s ‘Shell’ Game

Similarly, Shell will invest in a billion-dollar pipeline in Venezuela if it expects a billion-dollar payoff down the road. For Shell, this requires a leap of faith--a pipeline can't be taken apart and reassembled in Texas or Alaska if things don't work out under Chavez. It's in Venezuela for good, unlike a truck that can be driven across the border to deliver packages in Colombia or Peru instead. Once the expense has been incurred, or the investment has been made, what's to stop Chavez from sending in troops to nationalize Shell's assets, or jacking up the royalty fees that Shell pays to the government?

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.

Post-Shell Ogoni: What Lies Ahead

Since the Ogoni struggle started about nineteen years ago the Nigerian authority has not put anything on the table despite the non-violent and civilized manner it approached its demands. All that the Nigerian government has been doing is trying to silence the movement with the use of force and to force Shell on Ogoni. Such an approach has not only been unproductive but has also further exposed the intentions of the government/Shell and has led to increased in agitation in the Region.

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 Studies Site in Eastern Australia for LNG Plant

Feb. 12 (Bloomberg) -- Royal Dutch Shell Plc, Europe’s largest oil company, is studying a site in northeast Australia for a potential liquefied natural gas project, the fifth venture planning to tap reserves in the region for export to Asia.

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.

50,000 offshore workers’ jobs in jeopardy

Royal Dutch Shell said last month it was delaying development of the Pierce field. Other companies have been thinking about similar moves.

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.

Extract from guardian.co.uk feature: Vincent Cable responds to your comments

guardian.co.uk home

The Liberal Democrat shadow chancellor replies to comments left on his article about corporate tax avoidance

EXTRACT

In response to CJCJ:

Hey Vince – did you lecture the management of Shell on tax matters when you worked there? Are you lecturing the Guardian Media Group now?

I worked for Shell over 10 years ago, and have no continuing connections or investments with them. But if they or other companies are involved in systematic tax avoidance, it is right that they should be named and shamed along with other companies.

In practice, taxes are easier to impose on oil companies than on financial institutions and others, since there is a real product that can be taxed at the wellhead or at the pump. read more

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.

Oil industry needs tax breaks to avert slump

The UK oil industry has asked the Government for tax breaks to prevent a collapse in drilling activity in the North Sea that could lead to the loss of up to 50,000 jobs in Britain.

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.
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