“As you surmise, we will not be commenting. As always, you cannot take our silence to mean that we agree with any of your conclusions.”: Richard Wiseman, Chief Ethics & Compliance Officer, Royal Dutch Shell Plc 29 April 2010 NANCY FULLER HEBBLE AND OTHERS vs SHELL OIL CO. On 13 April 2010, Shell filed an [...]
Posts on ‘April 29th, 2010’
Royal Dutch Shell Delays Oil Sands Expansion, Globe Reports
April 29 (Bloomberg) — Royal Dutch Shell Plc has put plans to expand operations in Albertas oil sands on hold for at least five years, the Globe and Mail reported, citing Marvin Odum, the companys Americas head. Costs to build in the oil sands have increased, prompting the company to delay any decisions to expand [...]
Shells profit gusher not as productive as it looks
ft.com By Andrwe Hill Published: April 28 2010 22:54 Profits are like oil: great resources to have, but greater still when converted into hard cash. Royal Dutch Shell pumped out more oil and gas and made a decent fist of improving profits in the first quarter. Its cash conversion rate, however, was horrid. The Anglo-Dutch [...]
Big banks, Shell blast CFTC position limit plan
“Royal Dutch Shell is the only major oil company objecting to the plan by the U.S. Commodity Futures Trading Commission to limit speculative positions in U.S. oil and gas futures. In view of its track record of market manipulation, including false reporting, fictitious sales, fictitious trades and manipulation of natural gas prices, the attempt to [...]
SHELL JOINS CLEAN-UP EFFORT FOR BP SPILL
Financial Times Multinational petroleum company Royal Dutch Shell (RDSa.L) has dispatched six boats to assist in cleaning up the oil spill caused by last week’s fatal accident aboard the Deepwater Horizon oil rig. The rig had been drilling a well for BP (BP.L) in the Gulf of Mexico — an area Shell deems “very important”, [...]
FIRE AND ICE: Shell and BP’s hunt for offshore oil in Alaska
“An ugly and growing oil leak associated with the explosion and sinking of the Deepwater Horizon oil drilling rig in the Gulf of Mexico last week has raised questions… providing new leverage to environmentalists and North Slope residents…” Alaska Dispatch Craig Medred and Jill Burke Apr 28, 2010 Since the Arctic whaling days of the [...]


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