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September 23rd, 2016:

Many Irish names feature in Bahamas registry

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Extracts from an article by Colm Keena published by The Irish Times on 22 Sept 2016

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screen-shot-2016-09-23-at-21-22-23Shell E&P Ireland Offshore Inc associated with Corrib gas project

Two companies registered in the Bahamas and used by Dublin property investor Paul Fenelon for investments in the UK are among companies of Irish interest on the Corporate Registry of the Bahamas.

The registry, normally difficult to access, is being made publicly available by the International Consortium of Investigative Journalists (ICIJ), of which The Irish Times is a media partner.

Shell E & P Ireland Offshore Inc, a company with an address in Nassau, has had a number of Irish directors over the years, starting in 2000.  The company is associated with the Corrib gas project in Co Mayo. 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 Oil to pay California $20 million over false claims

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BY DALE KASLER: [email protected]: 23 Sept 2016

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Shell and its Equilon Enterpises LLC affiliate were essentially caught double-billing the state fund

Shell Oil Co. and an affiliate have agreed to pay $20 million to California officials over false claims the companies submitted to a state-run underground storage tank cleanup fund, California officials said Friday.

As part of the settlement, state officials permanently rejected cleanup claims from Shell and the affiliate totaling as much as $150 million.

Andrew DiLuccia, a spokesman for the State Water Resources Control Board, said Shell and its Equilon Enterpises LLC affiliate were essentially caught double-billing the state fund. “They were getting reimbursement for cleanup costs from an insurer,” he said. 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.

Dutch government confirms cut in Groningen gas output

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Screen Shot 2016-09-01 at 08.40.08By REUTERSPUBLISHED: 23 September 2016

AMSTERDAM, Sept 23 (Reuters) – Gas extraction from the northern Groningen gas field will be held at 24 billion cubic metres per year for the coming five years, Dutch Prime Minister Mark Rutte said on Friday.

The decision made on Friday by Rutte’s government cemented a preliminary plan to cut output to minimise the risk of earthquakes resulting from production at Groningen, which once supplied 10 percent of the gas used in the European Union. 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.

Do what I say

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By Ed Crooks: September 23, 2016

One of the most reliable features of negotiations over oil production is a divergence between what countries say and what they do.

Three weeks ago, Russia and Saudi Arabia were discussing co-operation to stabilise the oil market. This week there was talk of a year-long agreement between Russia and Opec to cap production. At the same time, however, Russia has been stepping up its drilling in the mature fields of western Siberia, taking its oil output to new record highs. Its production is forecast by Goldman Sachs to grow a further 590,000 barrels per day over the next three years. 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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