Royal Dutch Shell plc .com Rotating Header Image

Posts from ‘November, 2010’

Dutch scrap carbon plan

2010-11-05 07:41

The Hague – Plans for storing carbon dioxide underneath a small town, a strategy that reduces harmful emissions to combat global warming, were scrapped on Thursday by the Dutch government.

The government had planned to pump 11 million tons of carbon dioxide (CO2) in 2011 from a Royal Dutch Shell oil refinery into two depleted gas fields 2km under Barendrecht, a town of 43 000 people.

But Economic Affairs Minister Maxime Verhagen said the plan “is no longer possible in the short term” because it has already been delayed for three years and the town’s residents do not support it.

Homeowners have fiercely objected to the proposal and worry that housing prices will plummet because potential buyers will fear CO2 leaks. The storage technology of the gas is still in its experimental stages.

Verhagen said in a letter to parliament that storing CO2 would remain part of the Dutch government’s strategy to combat climate change.

“Stopping in Barendrecht does not mean the end of carbon dioxide storage in the Netherlands,” he said.

The Netherlands already stores CO2 under the North Sea. Verhagen said he would also begin talks with the North Holland province about the possibility of building another underground storage facility.

Protesters who had fought the Barendrecht scheme could not immediately be reached for comment.

- AP

SOURCE

Royal Dutch Shell Exec Malcolm Brinded appointed UK business ambassador

Reuters Africa

Tue Nov 9, 2010 12:01am GMT

LONDON Nov 9 (Reuters) – Some of Britain’s top private sector leaders have been appointed business ambassadors to promote overseas trade, the government said on Tuesday.

Prime Minister David Cameron, who is visiting China this week, said the ambassadors will help British businesses to recognise and exploit opportunities abroad.

“Their knowledge, skill and dedication to British business will play a key role in opening markets, increasing trade and encouraging investment,” Cameron said of the 30 new business envoys.

Britain is trying to rebuild its economy after a recession that has devastated businesses in many parts of the world.

Cameron’s coalition is focused on building trade links, especially with big emerging market economies.

The business ambassadors include: Royal Dutch Shell (RDSa.L: Quote) director Malcolm Brinded; Richard Lambert, head of the Confederation of British Industry; Anthony Bamford of the JCB business group; John Browne of the Royal Academy of Engineering; the former Lord Mayor of London David Brewer; Sarah Hogg of the Financial Reporting Council; David Reid, chairman of Tesco (TSCO.L: Quote).

They will not be paid for their new roles.

More specifically they will lobby for UK businesses abroad and contribute to government-to-government dialogues with China, India, Brazil, Russia and other key overseas markets.

Cameron’s entourage in China includes 50 business leaders and four of his senior ministers, the biggest such delegation Britain has ever sent to China.

(Reporting by James Jukwey; Editing by Greg Mahlich)

REUTERS ARTICLE

ROYAL DUTCH SHELL NAZI SECRETS EXPOSED

Royal Dutch Shell Nazi Secrets. Irrefutable evidence that Shell conspired directly with Hitler, heavily financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis

MORE ABOUT SHELL: THE MOST EVIL COMPANY ON THE PLANET?

DISCLAIMER: This is not a Shell website nor is it endorsed by or affiliated with Shell. It is recommended internally by Shell “far above what our own group internal comms puts out”

Shell sells stake in Woodside for around $3.3B

AMSTERDAM (AP) 8 November 2010 — Royal Dutch Shell PLC said Monday it plans to sell a 10 percent stake in Woodside Petroleum Ltd., Australia’s largest independent gas and oil company, for around $3.33 billion.

Shell said Swiss bank UBS had agreed to underwrite the sale of 78.34 million Woodside shares at A$42.23 — a 7.9 percent discount to the company’s closing price Monday of A$45.86 per share. Shell will continue to hold an additional 24.27 percent of Perth-based Woodside, which it also plans eventually to sell.

Shell CEO Peter Voser said the oil giant was selling its holdings in Woodside because it prefers “direct interest in assets and joint ventures, rather than indirect stakes.”

Woodside is the operator of Australia’s North West Shelf project, which makes up about 40 percent of the country’s total gas and oil production, with indirect stakes held by Shell, BP PLC, BHP Billiton, Chevron, Mitsubishi, and Mitsui.

Shell attempted to buy Woodside in 2001, but was rebuffed by the government of then-Prime Minister John Howard on national interest grounds.

In its statement Monday, Shell cited two other recent deals to expand in Australia.

In September 2009, Shell, Exxon and Chevron agreed to build the A$43 billion Liquefied Natural Gas “Gorgon” project, also off Australia’s Northwest coast.

Shell said its 25 percent share in that project would more than double its “directly owned” LNG production in Australia.

This year Shell and PetroChina jointly purchased Australia’s Arrow Energy, a maker of coal bed methane, for $3.05 billion.

SOURCE

Shell to Sell Part of Woodside Stake

8 NOVEMBER 2010

SYDNEY—Royal Dutch Shell PLC said Monday that it has agreed to sell just under a third of its holding in Woodside Petroleum Ltd. to equity investors for 3.31 billion Australian dollars (US$3.36 billion).

Shell currently owns 34% of Australia’s biggest oil and gas company and said it will reduce its holding through the sale to 24.27%.

The sale by Shell of 78.34 million Woodside shares comprises 10% of the company’s issued capital. Shell has entered into an underwriting agreement with UBS to sell the shares at A$42.23 each. Woodside last traded at A$45.86.

Shell Chief Executive Peter Voser said the company is looking forward to working with Woodside on growth projects where the two are partners.

“However, with Shell’s recent portfolio progress in Australia, our world-wide push to simplify the company and to improve our capital efficiency, we will increasingly focus our investment in Australia through direct interests in assets and joint ventures, rather than indirect stakes,” Mr. Voser said in a statement.

“We will manage our remaining position in Woodside over time in the context of our global portfolio.”

Write to Ross Kelly at ross.kelly@dowjones.com

SOURCE

Shell Actually Implements a Blog!

Interesting article which assumes that RoyalDutchShellplc.com and the “Shell Blog” have been set up by Shell. The author praises the oil giant saying: “Shell is definitely making headway past BP, Exxon, and Chevron with implementing the blog…”

THE ARTICLE

Shell Actually Implements a Blog!

My research is continuing in the area of corporations communicating with shareholders through social media. My next major oil and gas company that deals with shareholders and corporations using social media is Shell. I have hit on most of the major areas of corporations using social media with shareholders, but Shell adds a different element. Shell has a non-commercial blog that is aimed at making officials stand in compliance with Shell’s mission statement. Of course, the one major part of this is that Shell blogs a good amount about the financial end of the company. Shell also has a live news feed, and a webcast that can be accessed. This is a huge step, and a step above many of the other companies. From IR Web Report, using webcasts can allow for all types of shareholders to understand the financial information they are receiving. Blogging allows for feedback and two-way communication, which is what builds the relationships between the shareholders and the corporations.

It is very hard for companies to want to use social media as a means of communicating and disclosing information to its shareholders. From the case study Communicating Corporate Responsibility to Investors: The Changing Role of Investor Relations Function, the study helps to reiterate that companies need time to adjust to this new concept of releasing all financial information through the internet using social media. The financial problems that can occur by using social media place the companies in possible jeopardy. Shell has definitely taken a bigger leap into using social media with investors, and overtime the corporation will see the benefits of their actions.

Not only does Shell have a blog, Shell also has an investor section on their website that breaks down the online annual reports and all financial information. The down fall to this, like most corporate websites, is the lack of feedback as a function from the investors. Shell also has a Twitter and a Facebook. The Facebook page is a nice feature because it allows for multimedia to be used and for feedback, but many of the posts are not directed toward shareholders, and most the of language used on Shell’s Facebook page is not in English. Twitter is a big social media tool used by Shell to communicate with its shareholders. IR Web Report provides a chart that shows Twitter is the top used social media site by shareholders and corporations with Facebook, LinkedIn, and YouTube following. Twitter is a great tool for social media, but Shell does not link to their Twitter or Facebook page from their website which is a problem. There should not only be a link on the homepage of the website, but also in the investors’ page, considering financial information is posted on there.

Shell is definitely making headway past BP, Exxon, and Chevron with implementing the blog, but some work still needs to be done in connecting social media to their main site. If shareholders cannot find the social media, what is the point in using it to try to communicate with them?

About Allie Romeo

I am currently a senior at James Madison University. I will be completing my degree with a double major in Communication Studies, with a concentration in organizational communication, as well as, Media Arts and Design with a concentration in corporate communication.SOURCE ARTICLE

Shell to sell part stake in Australia’s Woodside

SYDNEY Nov 8 (Reuters) – Oil company Royal Dutch Shell Plc plans to sell down about a third of its stake in Australia’s largest oil and gas company, Woodside Petroleum, the UK-listed company said on Monday.

Shell said it was selling 10 percent of Woodside at A$42.23 per share in a sale underwritten by UBS, leaving it with a 24.27 percent stake which it would keep for at least a year.

The sale is part of a global effort to improve capital efficiency, Shell said.

(Reporting by James Regan, editing by Mark Bendeich)

REUTERS ARTICLE

Shell should have a small swastika on its logo

Comment from a former employee of Shell Oil USA

John,

You have Shell’s dirty laundry hanging on line again.

I am certain Shell is very unhappy about the publication of that ‘Cease and Desist’ order, etc., for all Shell employees and loyalists to read.

U.S. SECURITIES AND EXCHANGE COMMISSION CEASE AND DESIST ORDER: ROYAL DUTCH SHELL BRIBERY AND CORRUPTION

I have also read much of your nine parts on Shell and the Nazis. This was a revisit to my history classes when I was in college. I am very familiar with much of what you published.

Nicely done.

I was not aware of the HUGE financial support that Deterding gave the Nazis. I have always wondered how they supported themselves in the early years of their rise to power. When I was studying this stuff none of the historians that wrote the text books really figured it out either. Now I know where they got much of their money and influence to keep functioning and to keep the legal authorities off their back. The Nazi’s were given an amazing amount of ‘freedom’ in the way they operated in the early years, considering their tactics, and that ‘freedom’ clearly came from influence in high places.

Deterding’s very substantial support was clearly crucial to the survival and rise of the Nazi Party. This gave Hitler a source of funding, and respectability within the European industrial establishment his ‘competition’ did not have. That connected ‘respectability’ was as important as the money, because Deterding’s support obviously led other major leaders of German industry to likewise give Hitler support, even if they had to hold their noses while doing so. It just wasn’t the money, it was the ‘connection’ with the very powerful and influential ‘Sir Henri’ that was important. I am certain Deterding’s influence led to a host of useful connections. This in turn gave Hitler, et al, the resources they needed to buy the ‘muscle’ and ‘protection’ they needed to intimidate the opposition. Deterding has got a lot of blood on his hands.

Shell should have a small swastika on its so very famous logo.

The article relating to Shell’s relationship with Germany’s IG Farben and slave labor has a familiar ring to it today. Shell’s new ethanol joint venture in Brazil with the Cosan group, which has been accused of using enforced slave labor, would be a modern day analog of Shell’s corporate amoral ethical culture similar in nature to that which pervaded the company in the days of Deterding and the Nazi’s. Obviously, Shell did not and still doesn’t care who they get into bed with as long as the venture makes money. This will be an interesting enterprise that the human rights watch groups should keep a close eve on.

I found your reference to Deterding being mentioned in Mein Kampf to be very interesting. Hitler was imprisoned in 1924 for his involvement in the 1923 Munich ‘Beer Hall Putcsh’, and it was there he wrote Mein Kampf. So, it appears that Deterding was involved with Hitler and the Nazi’s long before they came to power.

It is my guess that Deterding was very fearful of a communist take-over from a very weak Weimer German government and chose to throw in his lot with Herr Hitler and his mob in an effort to stop such action, and perhaps to launch some sort of effort to topple the Bolsheviks in Moscow. The Communist revolution was far from solidified in 1923. In fact, the country was going through a civil war.

In my rummaging around I found this:

On the morning of January 5, 1926, the London Morning Post published an extraordinary letter signed by Sir Henri Deterding. In this letter, Deterding proclaimed that plans were afoot to start a new war of intervention against Soviet Russia. Deterding declared:

. . . before many months, Russia will come back to civilization, but under a better government than the Czarist one. . . . Bolshevism in Russia will be over before this year is; and, as soon as it is, Russia can draw on all the world’s credit and open her frontiers to all willing to work. Money and credit will then flow into Russia, and, what is better still, labor.

A well-known French journalist of the Right, Jacques Bainville, commented in Paris: “If the President of the Royal Dutch has given a date for the end of the Soviet regime, it is because he has reason for doing so. . . .”

I have not looked it up but this quote makes it clear that Deterding wanted the Bolshevik’s heads, probably so he could get his hands back on the former Baku oil fields that RD Shell once controlled.

I bet Exxon is delighted they don’t have the equivalent of your website haunting them as well. They have some rancid skeletons in their closet too.

Staff meeting of the Shell oil factory in Hamburg Curio-Haus, 8 April 1935

ROYAL DUTCH SHELL NAZI SECRETS

Evidence that Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis

Royal Dutch Shell Nazi Secrets: Introduction

Royal Dutch Shell Nazi Secrets Part 1: The Funeral

Royal Dutch Shell Nazi Secrets Part 2: Financier of the Third Reich

Royal Dutch Shell Nazi Secrets Part 3: Relationship continued after Deterding retirement

Royal Dutch Shell and the Nazis Part 4: Royal Dutch Shell Anti-Semitism

Royal Dutch Shell and the Nazis Part 5: Evidence of Shell/Deterding financial support for the Nazis

Royal Dutch Shell and the Nazi Part 6: I.G. Farben, Royal Dutch Shell and Nazi slave labor

Royal Dutch Shell Nazis Secrets Part 7: Why does it still matter?

Royal Dutch Shell Nazi Secrets Part 8: Nazi connections

Royal Dutch Shell Nazi Secrets Part 9: Further evidence

Royal Dutch Shell Nazi Secrets: Authors relationship with Shell (Alfred Donovan and John Donovan)

RELATED ARTICLES

Shell boasted about the money it pumped into Nazi Germany

ROYAL DUTCH SHELL NAZI SECRETS: FUNDING HITLER

Royal Dutch Shell Iranian treachery

Royal Dutch Shell and the lampshades made from HUMAN SKIN

Email to Peter Voser concerning Royal Dutch Shell Nazi Secrets

Evidence of Shell’s Nazi past from Shell’s paid historians: 25 February 2011

Royal Dutch Shell and the Nazis: Shell threatens legal proceedings: 2 March 2011

Will Shell block Internet publication of its Nazi past?: 5 March 2011

Royal Dutch Shell four day meeting directly with Hitler: 7 March 2011

Is Royal Dutch Shell STILL anti-Semitic?: 8 March 2011

‘YOU CAN BE SURE OF SHELL’: The biggest con trick in history

Adolf Hitler thanks Sir Henri Deterding for donation of a million reichs-marks

Royal Dutch Shell founder Deterding backed Nazi Stormtroopers

Sir Henri Deterding of Shell donated millions of dollars in food to Nazi Germany

Evidence that Royal Dutch Shell financed fascist death squads

Tainted history of the iconic Shell scallop logo

Royal Dutch Shell Nazi Secrets: Introduction

Royal Dutch Shell Nazi Secrets: Introduction

Click to continue reading “Royal Dutch Shell Nazi Secrets: Introduction”