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March 4th, 2010:

Shell Oil to be grilled by Amnesty on human rights record

Amnesty International Logo

Posted: 04 March 2010

PANEL DISCUSSION ON: SHELL OIL AND HUMAN RIGHTS IN NIGERIA

The Niger Delta is one of the world’s 10 most important wetland and coastal marine ecosystems and is home to about 31 million people. Its huge oil deposits have been extracted for years by the Nigerian govenment and multinational oil companies such as Royal Dutch Shell. It is estimated that  oil has generated an estimated $600 billion since the 1960s.

However,  the majority of the Niger Delta population lives in extreme  poverty without clean water or adequate health care [1]. Widespread pollution in the Niger Delta through oil spills, waste dumping, and gas flaring – an illegal and harmful practice of burning natural gas that is released when oil is extracted from the ground – is damaging people’s health, destroying livelihoods and contributing to violent conflict [2]. 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.

Electric cars will get more popular -Shell CEO

REUTERS

By Poornima Gupta

SANTA BARBARA, Calif., March 4 (Reuters) – Royal Dutch Shell Plc (RDSa.L) expects electricity-powered vehicles to account for as much as 40 percent of the worldwide car market by 2050, Chief Executive Peter Voser said on Thursday.

Voser, speaking at The Wall Street Journal’s ECO:nomics conference in Santa Barbara, said technological improvements and increases in the cost of producing gasoline will give a boost to vehicles that run on alternative power.

“We think between now and 2050, we will go from 1 billion cars to 2 billion cars worldwide,” he said. “We think by 2050, roughly 40 percent of those 2 billion cars will be electric.” 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.

Peter Voser, CEO of Royal Dutch Shell

Eric Wesoff 03 04 10

“It’s fun to be an oil and gas CEO.”

Santa Barbara, CA — Peter Voser, CEO of Royal Dutch Shell, traveled a long way to speak at the Wall Street Journal ECO:nomics show this morning.  To give you an idea of the mindset of this particular audience, when polled on their expectations of future fuels, the winning response was nuclear, followed by natural gas.  Which is probably accurate but not the response you’d get from a bunch of enviros.

Shell expects global demand for energy to double by 2050.

Take note: Shell has transformed into a natural gas company.  Since 2004, the oil giant has invested more than $15 billion in natural gas in the United States.  By 2012, they will have more gas production than other fuels, in what he referred to as a twenty- to thirty-year journey.  This is a telling trend.  Wind and solar are nice, but natural gas is what is going to keep the world powered. 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 reports attack on Nigeria oil flow station

Associated Press, 03.03.10, 07:47 AM EST

LAGOS, Nigeria — Royal Dutch Shell PLC says unknown gunmen have attacked an oil flow station in the restive Niger Delta.

Tony Okonedo, a spokesman for the company said Wednesday that explosives planted at the Kokori flow station in the western half of the Delta detonated, damaging the unused station. Okonedo said no employees were in the area at the time of the detonation on Tuesday.

A previously unknown group later issued a statement to Nigerian newspapers claiming responsibility for the attack. 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.

Big Oil Should Rediscover Adventurous Youth

THE WALL STREET JOURNAL

The Source

March 3, 2010, 4:39 PM GMT

Getty Images: A Shell refinery in California.

By James Herron

It is a reflection of just how far big oil companies have moved from the wildcat frontier operations of yore that nowadays, when they want to impress the market, they bang on about cost cutting and rationalization.

BP’s strategy update Tuesday was the latest example. It sought to wow analysts by promising to boost annual profits by $3 billion within three years through sexy measures such as, “better planning and execution, improved contractor management,” and so on. BP certainly didn’t knock anyone’s socks off with its promise of annual output growth of 1% to 2% and the announcement of a modest deal giving it access to Texas shale-gas reserves discovered by someone else. [See our coverage here.] 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 Aims for ‘New Nigeria’ as $19 Billion Qatar Plant Starts

BusinessWeek Logo

By Stanley Reed and Robert Tuttle

March 4 (Bloomberg) — Royal Dutch Shell Plc spent $19 billion, triple the original estimate, to build the world’s largest gas-to-liquids plant. Now, it’s pay-off time and the company says the project may generate $6 billion a year.

Shell needs the plant, known as Pearl, to bolster output, which fell for a seventh year in 2009 in part because rebel violence hampered oil ventures in Nigeria. Qatar, the arid Gulf state that’s become the world’s biggest exporter of gas on ships, may account for 10 percent of the company’s production after Pearl and a liquefied natural gas project start deliveries next year. 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.
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