Royal Dutch Shell plc .com Rotating Header Image

Posts from ‘June, 2014’

Rich hypocrite Jorma Ollila joins U.S. investment bank

By John Donovan Jorma Ollila, the departing Chairman of Royal Dutch Shell Plc., has joined a New York based investment bank, Perella Weinberg Partners. I can only assume that they are not concerned by the scandal of his failure to disclose ownership of a Luxembourg company worth €8.2 million. He admitted breaking the law,  but prefers to […]

Marvin Odum speaks out

Article by M. Nadeem published 27 June 2014 by insider monkey.com under the headline: “Royal Dutch Shell plc’s Subsidiary Shell Oil Company President Marvin Odum Discusses Energy Industry State” In a Fox News’ Opening Bell program on June 27, Shell Oil Company’s, a subsidiary of Royal Dutch Shell plc), President, Marvin Odum, talked about the […]

Shale’s junk debt could get shaky if Fed raises rates

Extracts from a Houston Chronicle article by Collin Eaton published 27 June 2014 (Good article. Not Shell specific, but a generic problem to which Shell is heavily exposed) Two years after natural gas prices collapsed, Chesapeake Energy’s $12 billion in corporate debt last month nearly made it out of junk territory. The natural gas producer […]

Spot the Rooney in your portfolio

Extracts from a Motley Fool article by Harvey Jones published by The Yorkshire Post on 28 June 2014 under the headline: “Motley Fool: Spot the Rooney in your portfolio Tesco isn’t the only stock displaying Rooney-esque tendencies. Anglo-Dutch oil major Royal Dutch Shell has also been off the pace. First quarter earnings of $4.5bn were sharply down from […]

BP and Shell keep a watchful eye on events in Iraq

Extracts from a This Is Money/Daily Mail article by Rob Reed published 27 June 2014 under the headline: “BP and Shell keep a watchful eye on events in Iraq as violence continues to escalate in the region” The upward pressure on oil prices since terror group ISIS began its horrific offensive has been echoed by […]

Greenpeace scales EU buildings to protest energy reliance on Russia

Extract from EuropeOnline-Magazine article published 27 June 2014 Brussels (dpa) – Greenpeace activists climbed buildings and cranes near an EU summit Friday in a protest denouncing big energy companies for boosting the bloc‘s reliance on Russian gas and oil imports. Greenpeace said 35 activists unfurled banners from their perches despite tight security measures in place […]

LNG as a fuel carries with it many risks

Extracts from a MarineLink.com article by Joseph Keefe published 26 June 2014 under the headline: “Maritime Fuel of the Future: Training to an Uncertain Standard” First extract Despite its unquestionable allure, LNG as a fuel carries with it as many risks as it does answers to the problems it promises to solve. Second extract Separately, […]

High level of corporate secrecy in Myanmar oil & gas sector-Global Witness survey

Extract from a Thomson Reuters Foundation article by Thin Lei Win published 26 June 2014 YANGON (Thomson Reuters Foundation) – As resource-rich Myanmar gears up to join the global anti-corruption scheme for the oil, gas and mining sector, a survey by a London-based advocacy group found widespread corporate secrecy in the sector, which has long […]

One Reason Why I Wouldn’t Buy Royal Dutch Shell plc Today

Extracts from a Motley Fool article by Royston Wild published 26 June 2014  Shell has spun off a multitude of upstream and downstream assets in recent years in order to build its dividend and share repurchase-supporting cash pile and reduce its exposure to non-core assets. The oil giant also offloaded its Australian Geelong refinery and […]

Ukraine Discomfort for Shell and Chevron

Shell entered into the deal in 2013 with then Putin puppet President Viktor Yanukovych, before he was ousted. As can be seen in the FT article, Shell and Chevron are now both trying to hide behind claimed business principles. Its a bit late for that. By John Donovan The Financial Times has published an article […]

Are Asset Sales the Answer for Royal Dutch Shell plc?

Extracts from a Motley Fool article by Arjun Sreekumar published 23 June 2014 On Monday, Shell announced the sale of a 19% stake in Woodside Petroleum, a deal that is expected to raise $5 billion. On Wednesday, the company announced that it had filed a registration statement with the U.S. Securities and Exchange Commission related […]

Chevron Cancels Bulgaria Fracking, Shell Postpones Ukraine Plans

Extracts from a CorpWatch article by Richard Smallteacher publish 12 June 2014 Fracking for oil and gas across Europe has suffered a series of setbacks with Chevron closing its offices in Sofia, Bulgaria, and Shell postponing fracking plans in the Ukraine by at least two years. Meanwhile the French government is standing firm in its […]

Film of Royal Dutch Shell founder Sir Henri Deterding giving a Nazi salute

Video clip from a PBS TV Documentary adapted from Daniel Yergin’s book “The PRIZE: Epic Quest for Oil, Money and Power. Published in 1992 by FREE PRESS ISBN 0-671-79932-0 The Prize (Part 2 of 8) – “Empires of Oil” Covers the story of Royal Dutch Shell. Includes, at just over 49 mins, film of Royal […]

Shell Sells Eagle Ford Assets as Part of Global Repositioning

Extract from an Industrial Info Resources article by John Egan published 23 June 2014 Royal Dutch Shell plc is selling its acreage in the Eagle Ford Shale to Sanchez Energy Corporation for about $639 million, continuing the super-major’s asset sales and portfolio repositioning. Shell bought that acreage a few years back for an estimated $1 […]

Shell logo fourth oldest in the world

Extract from an article by Thomas C. Frohlich and Alexander Kent, 24/Wall St. published 21 June 2014 under the headline: “The 10 oldest company logos in the world” read moreLike this:Like Loading…

Shell offers $51 million to settle Nigerian oil spills claim, but will pay much more

By John Donovan The London law firm Leigh Day has rightly rejected a £30 million pounds ($51 million) offer from Shell to settle a compensation claim from 15,000 residents of the Bodo community in Gokana Local Government Area of Rivers State, Nigeria.  The offer emerged from a London court hearing on Friday 20 June 2014. The […]

Royal Dutch Shell $750,000,000.00 Project Cardamom Fraud?

Shell is developing its major Cardamom oil and gas field in the deep waters of the Gulf of Mexico.  By John Donovan A Shell employee, Danny Hanna discovered accounting irregularities while working at Shell Exploration and Production as Cost Management Lead on the Cardamom project.  His supervisor was moving funds and deleting numbers to falsify reports to senior […]

Shell Says Wins U.K. Court Ruling in Nigerian Oil Spills Case

BloombergBusinessweek article by Jeremy Hodge published Friday 20 June 2014 A Royal Dutch Shell Plc (RDSA) subsidiary said it won a preliminary ruling in a U.K. court against thousands of Nigerians who say their land, rivers and wetlands were spoiled by two oil spills in the Niger River delta in 2008. Judge Robert Akenhead ruled […]

Shell in the US courts again for alleged theft of trade secrets

 John  Donovan A notice is prominently displayed on my website royaldutchshellplc.com warning against disclosing ideas to Royal Dutch Shell without taking every possible precaution. The websites creation a decade ago was prompted by Shell stealing ideas from me during the 1990’s. Shell subsequently set up schemes – GameChanger and Ideas360 – to vacuum up ingenious ideas […]

Joint call for inquiry into Corrib policing

Extracts from an Irish Times article by Lorna Siggins published 20 June 2014 Social justice campaigner Fr Peter McVerry, Lord Mayor of Dublin Christy Burke, four TDs, one Senator and seven academics are signatories to a petition for an independent inquiry into policing of the north Mayo Shell/Corrib gas dispute. Transparency International chief executive John […]

The Real Reason Shell Halted Its Ukrainian Shale Operations

Extract from an OilPrice.com article by Igor Alexeev published 19 June 2014 Royal Dutch Shell has blamed air strikes by the government in Kiev against its own citizens in southern Ukraine as the reason it decided to declare a halt to its shale oil projects in the troubled region. In reality, the truth may be […]

Shell signs surveillance deal with Ogoni, denies plot to resume oil production

Extracts from TheGuardian (Nigeria) article by Kelvin Ebiri published 19 June 2014 SHELL Petroleum Development Company has said its signing of multimillion dollar pipeline surveillance contract with some Ogoni communities in Rivers State, is not a plot to resume oil production there. The company which was forced to shut its operational activities in Ogoni in […]

Shatter raises concerns about GSOC leadership

Extracts from an RTE News report published Thursday 19 June 2014 under the headline: “Former Minister for Justice Alan Shatter slams ‘fundamentally flawed’ Guerin Report” Former Minister for Justice Alan Shatter (right) has accused Judge Sean Guerin of a “fundamentally flawed preliminary inquiry and report and an unprecedented rush to judgement”. Mr Shatter was speaking […]

Bonaparte Surrender

By John Donovan It seems that the alarming articles we have published about the Royal Dutch Shell Prelude FLNG project, highlighting risks based on insider information and expert opinion, may have had an unintended impact.  According to a Dow Jones news report published today, GDF Suez SA and Santos Ltd have both withdrawn from their plans […]

UK COURT TO DELIVER PRELIMINARY JUDGMENT ON SUIT AGAINST SHELL

Article by Ejiofor Alike published 19 June 2014 by Codewit World News A United Kingdom Court will on June 20 deliver judgment on preliminary issues raised in the legal action brought by about 15,000 members of Bodo community in Gokana Local Government Area of Rivers State against Shell. The 15,000 fishermen are seeking compensation for […]

THE SHELL THAT HIT GERMANY HARDEST

Without toluol and without petrol and oil fuel supplied by the SHELL organisation, the Allies could not have beaten the Germans.”-Financial News. By John Donovan Searching for historic information about Royal Dutch Shell, I stumbled across a book entitled “THE SHELL THAT HIT GERMANY HARDEST.” I believe it was published by “SHELL” MARKETING Co, LTD […]

Making Shell more palatable as an acquisition target?

From a regular contributor I think the Ho Ho line may be one of the assets being sold as part of the IPO announced today. http://royaldutchshellplc.com/2014/03/08/shell-says-ho-ho-pipeline-shut-after-leak-in-texas/  Document filed with United States Securities and Exchange Commission 18 June 2014 On another subject completely….the Chinese have done a large scale LNG deal with BP and at the […]

Changes to Ireland’s licensing terms for oil and gas

News Release – Issued by Shell to Sea June 18th , 2014 – For immediate release CHANGES TO OIL/GAS LICENSING TERMS ‘COSMETIC’ State continues to rely primarily on corporation tax to extract revenue The changes to Ireland’s licensing terms for oil and gas announced by Pat Rabbitte today (18th June 2014) are cosmetic and will […]

Shell Midstream applies for U.S. IPO

(Reuters) – Royal Dutch Shell: Wednesday 18 June 2014 * Files to raise up to $750 million * Company formed by Royal Dutch Shell as an MLP (Reuters) – Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, filed with U.S. regulators on Wednesday to raise up to $750 million […]

Clare Daly says gardaí at Corrib gas site are the ‘hired hands’ of Shell

Extract from an article by thejournal.ie published 17 June 2014 INDEPENDENT TD CLARE DALY has backed the calls of Shell to Sea campaigners for an independent inquiry into the policing of the Corrib gas project in Co Mayo. Speaking in the Dáil this afternoon, Daly said that the “continued intimidation and harassment of the local community” […]

Shell signs global strategic alliance agreement with CNOOC

(Reuters) – Royal Dutch Shell: Tuesday, 17 June 2014 * Shell and CNOOC sign global strategic alliance agreement * Shell and China National Offshore Oil Corporation (cnooc) announced today that they have signed a global strategic alliance agreement * Under agreement, companies also commit to exploring potential cooperation opportunities in upstream, midstream and downstream * […]

Shell to sell most of stake in Australia’s Woodside for $5.7 billion

Extracts from a Reuters article by Sonali Paul published Tuesday 17 June 2014 (Reuters) – Royal Dutch Shell launched a long-anticipated sale of most of its stake in Australia’s Woodside Petroleum Ltd on Tuesday, looking to reap about $5.7 billion as it moves to focus on developing its own gas assets in Australia. The selldown, […]

Call for a Public Inquiry into the Policing of the Shell/Corrib Gas Project

Call for a Public Inquiry into the Policing of the Shell/Corrib Gas Project by the named eminent individuals and parties listed below We support the recent demands for an inquiry into allegations of systemic Garda corruption and violence. We believe any such inquiry should include the Shell/Corrib pipeline police operation in North West Mayo. This […]

BP And Shell Land China Deals

Extracts from an article by Sky News City Editor Mark Kleinman published 16 June 2014 under the headline: “BP And Shell Land China Deals As Premier Visits” read moreLike this:Like Loading…

€1.5bn to be spent on Irish oil and gas finds in next three years

Extract from an Irish Times article by Ciaran Hancock published Mon 16 June 2014 About €1.5 billion will be spent on oil and gas exploration around Ireland over the next three years, according to a study by accounting group PwC. Eighty per cent of those surveyed said they were optimistic about the chances of discovering […]

Shell senses huge profit potential in China

From the China Daily website Ecns.cn published Friday 13 June 2014 Multinational oil company Royal Dutch Shell Plc will continue to invest in China and considers the country to be its most important market in which to grow its retail business, a senior official said on Thursday. Istvan Kapitany, executive vice-president of Shell Retail, said […]

Essar to sell UK’s second-biggest refinery

Extract from a Financial Times article James Crabtree in Mumbai published 12 June 2014 India’s Essar Group plans to sell the British oil refinery it bought from Royal Dutch Shell for $350m in 2011, as the struggling conglomerate attempts to reduce debts and refocus on its core Indian business. “The truth is they should never […]

Where is the queue to issue libel writs against John Donovan?

Will the findings prompt some of the named cops to issue libel writs against me? No, not a chance, because they know the truth and have got no intention of taking any action that ends up with them having to give evidence under oath. Consequently there is not a single soul who has or will […]

Extract from Reuters EU Mergers & Takeovers Report published 12 June 2014 — Kuwaiti state oil group Kuwait Petroleum Corp to acquire Italian petroleum product companies Shell Italia SpA and Shell Italia Aviazione Srl from energy company Royal Dutch Shell (approved June 12) FULL ARTICLE Like this:Like Loading…

Weighing the Risks of Investing in Energy Companies

Extracts from an article by Stanley Reed published 11 June 2014 by The New York Times …fund managers beginning to think skeptically about fossil fuel companies — not so much because they or their clients disapprove of their activities, but because they think the securities issued by these companies may prove poor long-term investments. The […]