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April 13th, 2015:

Shell financial support for the scandal ridden Brunei Royal Family

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By John Donovan

A regular contributor, a retired Shell executive, having spotted the latest side bar feature on this website (focused on Shell’s relationship with the depraved Sultan of Brunei), drew my attention to the latest spectacular Brunei Royal Wedding.

It took place in the monarch’s lavish 1,788-room residential palace.”

Prince Abdul Malik, the Sultan’s son and second in line to inherit the throne, celebrated his wedding (picture immediately below) in what has been described as mind-boggling splendour read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Bold Bens Big Bet

Screen Shot 2015-04-13 at 19.54.26By John Donovan

On Friday afternoon, a contributor posted a comment on our Shell Blog under the headline:

“Bold Bens Big Bet”

Very bold of Ben van Beurden. Most courageous Shell leader for many a year. Still many pitfalls, as can be seen in some of the most recent articles about the BG takeover. Not least the fluctuating oil price. Good luck to him.

On Sunday, The Sunday Times published a number of articles on the same subject with similar comments and a near identical teaser headline on the front page of the Business Section read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell wins restraining order against Greenpeace

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Article by Jennifer A. Dlouhy published 13 April 2015 by fuelfix.com

Shell wins restraining order against Greenpeace

WASHINGTON — Hours after stormy weather forced Greenpeace activists to climb off an Arctic drilling rig in the middle of the Pacific Ocean, Shell won a temporary restraining order blocking the group from similar protests.

The ruling, by U.S. District Judge Sharon Gleason, bars Greenpeace and its activists from boarding, barricading or interfering with the movement of the drillship Noble Discoverer, the drilling rig Polar Pioneer or the heavy-lift vessel Blue Marlin.

Gleason stopped short of granting Shell Oil Co.’s request for a broader temporary restraining order that also would bar Greenpeace from encroaching on other support vessels that make up the company’s large Arctic drilling fleet, though the judge will consider the issue — and whether a permanent injunction is warranted — during an April 28 hearing in Anchorage. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell sells 185 UK petrol stations as retail divestments continue

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Screen Shot 2015-04-13 at 16.04.38Mon Apr 13, 2015 

(Reuters) – Shell (RDSa.L) has agreed to sell 185 service stations across Britain to two independent dealers, it announced on Monday, further reducing its presence in the European retail energy market.

Shell announced downstream and retail divestments last year in countries including Italy, Norway and Germany as part of cost cuts prompted by weak oil prices.

Shell has agreed to sell 90 of 185 stations to Motor Fuel Group, which already manages BP-branded service stations, while the sale of 68 others has been agreed with Euro Garages, the company said, without disclosing financial details. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell standing above its peers

Screen Shot 2015-04-13 at 16.04.38Article by Daniel J. Graeber published 13 April 2015 by UPI

Shell standing above its peers

LONDON, April 13 (UPI) — Shell’s grab of energy giant BG Group and a legal victory for frontier work offshore Alaska leaves rivals in the dust, though environmentalist are unimpressed.

The board of directors at Shell and BG group issued a joint statement last week saying they’ve reached an agreement for the Dutch acquisition of its British rival.

A weekend editorial from The Telegraph newspaper in London said the grab is an “audacious” move in a “new wave of oil industry consolidation” that’s greeted a slump in oil prices that’s lasted nearly a year. The deal, valued at around $70 billion, is among the largest acquisitions since the Exxon Mobil merger was completed in 1999. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Sells 185 Service Stations for Undisclosed Sum

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Screen Shot 2015-04-03 at 09.56.31Shell Sells 185 Service Stations for Undisclosed Sum

Published April 13, 2015 Dow Jones Newswires

Royal Dutch Shell PLC (RDSB.LN) said Monday it has accepted offers for the sale of 185 owned service stations to selected independent dealers for undisclosed sums, and exchanged contracts for 158 of them.

The oil major, which last week announced plans to by natural gas firm BG Group PLC (BG.LN), said the 185 service stations are spread across Great Britain and will retain the Shell brand. Dealers will continue to sell Shell’s fuels for at least the first five years following the sale, it added. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Makes A Huge Bet On LNG and Pre-Salt

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Screen Shot 2015-04-08 at 08.12.04Shell Makes A Huge Bet On LNG and Pre-Salt

Anglo-Dutch oil major, Royal Dutch Shell Plc., recently announced plans for a mammoth – $70 billion – acquisition of BG Group Plc. to further extend its leadership position in the global LNG (liquefied natural gas) market and increase its exposure towards the exploration and development of deepwater hydrocarbon reserves, primarily the pre-salt reserves offshore Brazil.

The company plans to acquire BG Group in a cash and stock deal valued at 1,350 pence per BG share. The company will pay BG shareholders 383 pence in cash and 0.4454 class B shares in itself for each share of BG held. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Betting Its Future On LNG

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Screen Shot 2015-04-08 at 08.12.04Article By Nick Cunningham published Sun, 12 April 2015 by OilPrice.com

Shell Betting Its Future On LNG

Could the largest energy deal in over a decade begin a new wave of mergers and acquisitions? Is LNG really the future? How Will ExxonMobil Respond? And perhaps more importantly, does the mega-deal between Royal Dutch Shell (RDS.A) and BG Group (LON: BG) portend the end of the bear market for oil?

Shell announced on April 8 that it agreed to buy BG Group for an eye-popping $70 billion.

The move was surprising, in the sense that a lot of companies in recent years have reined in their spending on high-cost projects outside of North America. Shell, in the midst of its own two-year $15 billion divestment campaign to shed unwanted assets, was thought to be trying to make itself leaner and meaner. Having passed on the U.S. shale revolution, it is interesting that Shell’s big splash once again avoided North America. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell And BG Group: Strong Strategic Fit, But Additional Financial Risks Ahead

Article by Pim Keulen published 12 April 2015 by Seeking Alpha 

Shell And BG Group: Strong Strategic Fit, But Additional Financial Risks Ahead

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Source: total.com

Summary

  • Shell announced the acquisition of BG Group for the amount of $69 billion.
  • From a strategic point of view, the deal seems to make perfect sense.
  • From a financial point of view, the deal has a long-term horizon with accompanying risks.
  • It will come down to management’s capabilities to deliver the outlined financial metrics in order to make this deal work for shareholders.

Last week, Royal Dutch Shell (RDS.A, RDS.B) announced the acquisition BG Group (OTCPK:BRGXF) for a total sum of $69 billion. Despite heavy M&A activity, this deal is the largest M&A deal announced this year. Both analysts and contributors on Seeking Alpha have discussed the metrics of Shell’s acquisition. However, the reactions are somewhat mixed. As I cover Shell on a regular basis, I would like to share my point of view regarding the BG Group acquisition. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Kashagan to Start Production in 2017, Says Royal Dutch Shell Report

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BY MICHELLE WITTE in BUSINESS on 13 APRIL

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ASTANA – Production at Kazakhstan’s giant Kashagan offshore oil field is expected to restart in 2017, Royal Dutch Shell stated in its 2014 annual report.

“After the start of production from the Kashagan field in September 2013, operations had to be stopped in October 2013 due to gas leaks from the sour gas pipeline. Following investigations, it has been decided that both the oil and the gas pipeline will be replaced. Replacement activities are ongoing, with production expected to restart in 2017,” page 27 of the annual report, released on March 12, said.

After sour gas leaks forced production to halt soon after it began in late 2013 – already years behind the original schedule – predictions as to when the project would actually produce have been repeatedly made and then pushed back, and even in late January of this year, Energy Minister Vladimir Shkolnik was announcing that Kashagain would come online in late 2016. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

RTE failed to truthfully inform the public on Corrib Gas Project

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Screen Shot 2015-04-13 at 08.21.21— Shell to Sea send submission on RTE’s Public Service Statement —

12 April 2015

RTÉ – Ireland’s National Television and Radio Broadcaster

Shell to Sea have today sent in a submission to RTE as part of RTE’s public consultation on the updating of their Public Service Statement [1]. In the submission, Shell to Sea claimed that RTE had failed to inform the public in an honest and balanced manner on the Corrib Gas project.

In the submission nine examples of RTE bias over the course of the more than decade long community campaign against the Corrib Gas project were highlighted.

One of the examples given related to the so-called “Garda Rape tape” over which RTE were forced by the Broadcasting Authority of Ireland (BAI) to issue an apology, after a news item broadcast on July 28th 2011 was deemed by the BAI to be “inaccurate”, “unfair” and “harmful” to a Corrib campaigner. This related to Gardaí being inadvertently recorded joking about threatening to rape the two women who were in their custody. At the time of the incident the Garda Commissioner acknowleged the incident had happened and apologised for the incident occurring. Despite this RTE subsequently attempted to create the impression that the recording of the incident had been “altered” or “tampered with”. [2] read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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