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February, 2010:

Shell Africa chief attacks Nigeria levies

Financial Times

By Tom Burgis in Abuja

Published: February 23 2010 12:52

Royal Dutch Shell’s outgoing Africa chief on Tuesday delivered a blistering attack on Nigeria’s management of its vast oil and gas reserves but scotched rumours that the Anglo-Dutch group was looking to leave the country.

Echoing industry claims that planned legislation could deal a killer blow to investment in the fast-expanding deepwater sector, Ann Pickard, whose four-and-a-half-year tenure as Shell’s Africa boss ends in March, warned the continent’s biggest energy producer that it risked being eclipsed by its sub-Saharan African rivals. 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.

Shell to Seek 800 Million-Euro Offers for LPG Unit

BusinessWeek Logo

By Anne-Sylvaine Chassany and Fred Pals

Feb. 23 (Bloomberg) — Royal Dutch Shell Plc, which is seeking to focus on exploration and production, may sell its liquefied petroleum gas distribution unit, four people with knowledge of the plan said.

Shell hired Credit Suisse Group AG to manage a sale of the division, which is valued at more than 800 million euros ($1.1 billion), said three of the people, who declined to be identified because the talks are private. The company sent information last week to potential bidders including private equity firms, they said. Rainer Winzenried, a spokesman for The Hague-based Shell, declined to comment. 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.

Angola offshore oil to be double Nigeria’s by 2020 -Shell

Reuters UK

Tue Feb 23, 2010 9:55am GMT

ABUJA, Feb 23 (Reuters) – Angola’s offshore oil production is likely to be double that of Nigeria by 2020, Royal Dutch Shell (RDSa.L) said on Tuesday.

The two countries rival each other as Africa’s biggest oil producer, but oil majors say Nigeria risks losing out if changes to its terms make it less profitable to develop deep water reserves.

“By 2020, Angola’s offshore production is likely to be double that of Nigeria,” Shell’s Executive Vice President for sub-Saharan Africa, Ann Pickard, told an industry conference in Abuja. 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.

As Schlumberger buys Smith, the price of oil services is set to rise

Financial Times

February 22, 2010 7:56pm

by Ed Crooks

Schlumberger’s $12bn deal to buy fellow oil services company Smith International, announced on Sunday night and discussed by Andrew Gould, Schlumberger’s CEO, on Monday, looks like a turning point. From now on, the cost of oil services seems more likely to rise than fall.

One possible reason for that is that the deal will restrict competition. Anti-trust authorities will undoubtedly take an interest, especially in the US, where the two companies paid a $14.6m fine a decade ago for anti-trust violations. The deal will further extend Schlumberger’s dominance of the global oil services business, creating a group with more employees than ExxonMobil, BP or Royal Dutch Shell. 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.

Indian Energy Firms Pursue Assets Abroad

Following on its international acquisitions in steel and outsourcing in recent years, Essar is in talks with Shell to pay as much as $1 billion for three oil refineries in the U.K. and Germany, people close to the situation say. Last year, the company bought out the 50% stake that Shell, BP PLC and Chevron Corp. owned in a major refinery in Kenya.

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 Internet Censorship

“One of the principles underlying all of our work on the Web has been that we should be true to the spirit of New Shell. This means that we are seen to be open, listening, interested in the views of others…”: SHELL CENSOR – MARCH 1999

Shell Internet Censorship

By John Donovan

Printed below is a Shell internal email sent in March 1999. Shell was obliged to supply it to us in accordance with an application we made under the UK Data Protection Act. The “X’s” denote sections redacted (censored) by Shell, which includes the name of its author and apparently an extensive circulation list – 4 lines deep.
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.

Charities to lobby BP and Shell on environmental practices

CIVILSOCIETY.CO.UK

Vibeka Mair | 22 Feb 2010

Campaigning charities FairPensions and WWF have joined a coalition which is lobbying oil giants BP and Royal Dutch Shell over their investments in environmentally controversial oil sands developments.

The coalition, which also includes Unison, Greenpeace and the Co-operative banking group, is asking pension scheme members to email their fund managers to push them to support shareholder resolutions against oil sand projects that are due to be voted on at BP and Shell’s annual general meetings this spring. 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.

A smaller Big Oil fights for a revival

When the recession hit, the major companies streamlined, cut costs and became more efficient, giving them a shot at a profit comeback

By BRETT CLANTON
HOUSTON CHRONICLE

Feb. 21, 2010, 4:32PM

Big Oil has had a little less swagger in its step of late, humbled by a global recession that halted a multi-year run of soaring profits and exposed weaknesses that had been less acute when times were good.

International giants like Exxon Mobil and BP have suffered the effects of the economic downturn, which brought the first significant decrease in global energy demand in nearly three decades, created wild gyrations in oil and natural gas prices and wreaked particular havoc on the oil refining business. 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.

Shell suffering from organizational dementia

Printed below is an article by Tony Allwright, a retired Irish Shell EP manager. It is published on his blog. It was brought to our attention by a Shell insider who shares the views expressed and believes the article deserves wider publication.

Organizational Dementia

By Tony Allwright

We are all familiar with elderly people sometimes being a bit forgetful.  This is no surprise, for just as the body gets weak over time, so can the brain.

What is surprising, however, is that organizations can likewise become forgetful and this can be very costly.  The memory of an organization is held in two ways: in its paper and electronic records and in the minds of its employees, however the latter are also relied upon to access the former. 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.

BP, Shell Cost Cuts May Falter as Drilling Stirs Oil Inflation

BusinessWeek Logo

February 21, 2010, 07:10 PM EST

By Eduard Gismatullin and Marianne Stigset

Feb. 22 (Bloomberg) — BP Plc and Royal Dutch Shell Plc may falter in their campaigns to save billions in oil and gas project costs as a resurgence in drilling and demand for engineers threaten to revive inflation in the industry.

Crude prices doubled in the past year, prompting producers to resume projects put on hold during the recession. Oil and gas industry spending will rise 11 percent this year to $439 billion, according to Barclays Capital. 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.

Beyond Business

Financial Times

Review by Ed Crooks

Published: February 22 2010 05:00 | Last updated: February 22 2010 05:00

Book cover of 'Beyond Business: An Inspirational Memoir from a Visionary Leader' by John BrowneBeyond Business: An Inspirational Memoir from a Visionary Leader
By John Browne
Weidenfeld & Nicolson £20, 336 pages
FT Bookshop price: £16 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.

Two-tier market in executive pay

Financial Times

By Brian Groom, Business and Employment Editor

Published: February 21 2010 23:03

A two-tier market is emerging in executive pay in the UK’s largest listed companies, with those that have come strongly through the recession able to offer better remuneration than their rivals, according to new research.

Royal Dutch Shell, ranked ninth in 2007-08 with £11.4m, rose to third last year with £15.3m. But the company is now freezing executive directors’ salaries for a year as part of a new pay structure after an investors’ revolt. 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.

Shell talks about cutting offshore incidents to zero

“Risk Awareness has gone up; risk tolerance has gone down,” said Jon Unwin, vice president of safety, environment and sustainable development for Shell Upstream Americas' deep-water unit. Today, Shell, Chevron and others talk about cutting offshore incidents to zero.

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.

No more Iraqi oilfields for foreign companies: prime minister

REUTERS

Aref Mohammed
BASRA, Iraq

Sat Feb 20, 2010 7:56am EST

BASRA, Iraq (Reuters) – Iraq has no further plans to use foreign firms to develop its oilfields beyond ones auctioned off last year, the country’s prime minister said on Saturday, ahead of a national election next month.

Analysts say that foreign companies may have accepted the tough terms in oilfield development contracts awarded in two rounds last year partly to secure an initial foothold in Iraq, with a view to possible access to other untapped reserves later. 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.

Redlands doing legal battle with Shell Oil

SAN BERNARDINO SUN

Jesse B. Gill, Staff Writer Posted: 02/19/2010 04:18:29 PM PST

REDLANDS – City attorneys entered into a jury trial in early February in an attempt to get Shell Oil Company to clean up a mess the city says Shell made. The city launched a lawsuit against Shell in 2004 over contaminated ground water. The lawsuit began a jury trial Feb. 4.

“The city brought the lawsuit to be proactive,” said Chris Diggs, the city’s water resources manager. “We want to ensure the sufficient supply of safe drinking water.”

Shell manufactured the chemical product D-D that farmers injected into the soil to kill nematodes – tiny worms that can attack root systems and kill crops. The use of D-D is common by farmers, but Diggs said Shell included an uncommon – and unnecessary – chemical. 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.

News generated by royaldutchshellplc.com Shell leaks in 2009

News articles generated by royaldutchshellplc.com and its Shell insider sources in 2009

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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