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January 13th, 2010:

Not much time for Shell to lick BP inflicted wounds

Times Online

The Times

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Business big shot: Simon Henry, of Royal Dutch Shell

Emma Keens

After being knocked off the top spot as Europe’s largest oil and gas producer by market capitalisation this week, Shell executives did not get much time to lick their wounds.

The Anglo-Dutch company’s shares continued their slide yesterday amid talk that it had been guiding analysts to reduce their fourth-quarter earnings forecasts by about 20 per cent. A handful of downgrades served only to fuel that fire.

One man feeling the pain more than most will be Simon Henry (right), Royal Dutch Shell group’s chief financial officer, whose first year in the role has been anything but smooth, with falling demand continuing to pummel the oil industry. 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.

Analysts Cut Shell Earnings Forecast On Grim Refining

THE WALL STREET JOURNAL

JANUARY 13, 2010, 12:58 P.M. ET

By James Herron

Of DOW JONES NEWSWIRES

LONDON (Dow Jones)–Several analysts cut their earnings forecasts for Royal Dutch Shell PLC (RDSB.LN) Wednesday as an increasingly grim picture of the company’s refining and marketing operations emerged.

Brokerage Evolution Securities reduced its full year clean earnings per share estimate for Shell by 12% to $1.91. Royal Bank of Scotland cut its fourth quarter earnings estimate for the company 19% to $2.9 billion, citing “extremely weak refining margins.” 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.

Email from Alfred Donovan to Gavin White, Shell International Limited

I note from the Shell internal documents supplied to my son that Shell has engaged in some wishful thinking regarding my age (I am now almost 93). Unfortunately for Shell, I am still very much alive and kicking.

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 Shares Fall on Talk Of Weak Q4

THE NEW YORK TIMES

By REUTERS Published: January 13, 2010

Filed at 6:25 a.m. ET

LONDON (Reuters) – Shares in Royal Dutch Shell Plc <RDSa.L> fell over 2 percent on Wednesday on market talk that the company was guiding analysts to reduce their forecasts for the oil major’s fourth-quarter earnings.

“Consensus for Shell’s Q4 appears to be falling sharply. Lower gas realisations and losses downstream suggest earnings of around $2.6 billion (1.6 billion pounds) in the fourth quarter versus expectations previously closer to $3.3 billion,” one dealer said. 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.

Three British workers kidnapped in Nigeria

The men were working at the Shell-operated Afam gas and power plant east of Port Harcourt. They work for Netco Dietsmann, a venture between Nigeria’s state-owned National Engineering and Technical Company and the Dutch company Dietsmann.

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.

Four Shell workers grabbed by gunmen in Nigeria

Lagos - Gunmen on Tuesday seized three Britons and a Colombian, shooting dead their police escort in the first major kidnapping for six months in southern Nigeria's Niger Delta. The four - contract workers for the Anglo-Dutch oil giant Shell - were abducted as they travelled to work from the southern oil city of Port Harcourt to the Shell-operated Afam power plant, police 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.
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