News and information on Royal Dutch Shell Plc.
Relieved: John, I see that you are up to your old shenanigans again, i.e., embarrassing disclosures. Well done.
Tired of all lies: Outsider: Total probably is not mentioned because they already were severely cash-strapped before the oil price plunched and they are selling asets to fund their Yamal LNG project in Russia. Due to the sanctions that venture can't get exterenal funding anymore so the shareholders (Total 20% besides the Russians and Chinese) will have to largely cough up the 20+ billion USD for it. So I doubt they are in a position to take-over. Besides that, the corporate cultures between BP and Total are totally different, so integration would be hell...
Outsider: Strange that the Economist omits Total (market cap $130bn) from the list of potential buyers for BP
F-150: John, In response to your atricle... Word in the halls of Woodcreek is that Goodfellow was promoted a year ago when the Unconventional business was downsizing. By the way, that picture of him looks downsized by about 100 pounds.
There be dragons: I agree with the comments on Goodfellow. I too worked for him a few years ago. My concern is the fact that he has had fatalities on his watch and now gets a senior role. What sort of message does that send?
Crouching Tiger: Matula can't control disastrous IT costs and remains in charge. Outen spearheaded numerous NBD failures and terrible deal performance. Now heads up strategy? Ahem. Napier spent many years as head of real estate, and is now amazingly head of communications. A bit like tony blair being made UN mid east peace envoy. Golligher has achieved nothing in a very lacklustre career. Pickard always a bully and now heads up the calamitous Arctic campaign. Whatever next? Brinded brought back to take charge of HSE? Time for me to fill my 4x4 with some cheap gas. Over and out.
F-150: Crouching Tiger: We are on the same page! I like your list as well. I can't believe MEO and most (all?) of his LT is still on the payroll. With crude prices being so low, all the warts will begin to show in Deepwater. How much longer will van Beurden stand for the lack of performance in UA?
Crouching Tiger: I am very happy Goodfellow is on his way out. I have worked with him. He leaves a pile of destruction behind him. Golligher, Pickard, Outen, Napier, Culpepper, Conway, Matula, Henry, Odum etc should also get shown the door as they add little value. F150: I work in Houston and in Shell for a long time and know only to well that useless people come from all nationalities. I hope HR do what they are paid to do instead of plotting disgusting IPF revenge strategies.
F-150: So, Christmas has finally arrived in The States with the announcement that Goodfellow is finally leaving. After seeing the havoc he has inflicted in Deepwater and Unconventionals it will be good for folks like Crouching Tiger to see the damage non-Americans can do to shareholder value. Remember Walter, Phil and David Greer?
Outsider: Brent now at $45