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American as Chairman Good Politics for Shell

Screen Shot 2014-10-30 at 11.28.57From a Regular Contributor

I see Shell got an American as its new chairman.

(Chad Holliday right).

Not certain that is good news for the shareholders, although it is clearly good politics.

Shell needs extensions to its leases in the Arctic and with an American arguing the issue they might succeed.

If he saves Shell’s $6 billion investment he will have earned his salary.

Shell also knows there is a bunch of oil and gas in those structures they want to drill. And so the rumors of a Shell/BP merger are not to be dismissed. A merger would give Shell BP’s interest in Alaska, unless the USG objected.

The new chairman can help smooth those hurdles as well.

1 Comment on “American as Chairman Good Politics for Shell”

  1. #1 Riccardo di Guevara Fabbri
    on Oct 30th, 2014 at 18:07

    Excuse me but how can Shell sell to Pan Ocean Oil Company if Pan Ocean is in the middle of dispute over ownership!?! Festus Aleni Fadeyi is a big thief and has taken Pan Ocean from me and my family when my late father Vittorio di Guevara Fabbri passed away in 1998! Pan Ocean Oil Company belongs to me and my brother as heirs to my late fathers estate! We have the only and real shares in our lawyers offices in Geneva Switzerland and the fraudulent shares which Festus Aleni Fadeyi issued in Abuja must be nuled and VOID! He must be put in jail for the rest of his life! He not only stole our company from us but also causes us internal damages to my family and my self for 17 years and for all that there must be justice!
    Shell nor anyone else has the right to be doing business with Festus Fadeyi or anything to do wit Pan Ocean Oil Company Nigeria!

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