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€8.5 million Shell slush fund mishandled in Ireland

By John Donovan

The Irish edition of The Sunday Times has published an article reporting that an official audit by a local government auditor has criticised the basis on which a €8.5 million fund, provided by the benevolent energy giant Shell, was handled by Mayo County Council.

What is the appropriate description for such a huge sum lavished on a relatively tiny community in County Mayo? A bribe? A spectacularly generous gift? Hush money? Or compensation for being diddled out of their birthright?

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Royal Dutch Shell Breaking News 31 Jan 2017

Links below are to some of the current news stories posted on our sister website royaldutchshellgroup.com covering, among other developments, an article published today by The Wall Street Journal under the headline: Corruption Currents: Nigeria to Charge Shell, Eni in Oil-Graft Scandal.

There is also news that Shell has sold a stake in a Thailand gas field and is selling more North Sea assets, all part of the fire sale necessary for funding the takeover of the BG Group. Also, some previews of Shell’s imminent fourth quarter results.

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Discrepancy in Shell’s Corrib Gas Project financial filings?

By John Donovan

I have received information from Maura Harrington, spokesperson for the Shell to Sea campaign in Ireland concerning questions arising from the filed Shell financial accounts (2015) relating to the controversial construction of the Corrib natural gas pipeline in Ireland.

Maura would like the information to be brought to the attention of Shell shareholders so that if others examine the information she has already downloaded from the Irish Companies Registration Office (CRO) and share her concern, questions can be raised at the forthcoming Royal Dutch Shell Plc AGM.

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Financial tremors for Shell and Exxon from Groningen earthquakes

By John Donovan

A Dutch court has just upheld a government decision to cap production at the Groningen gas field, a giant natural gas field located in Groningen province in the northeastern part of the Netherlands. The largest natural gas field in Europe.

It is operated by the Nederlandse Aardolie Maatschappij BV (NAM), a joint venture between Royal Dutch Shell and ExxonMobil, with each company owning a 50% share. 

For decades, the venture has been a money spinner for the oil giants and the Dutch government.

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Royal Dutch Shell PLC saddled with a mountain of debt


By John Donovan

The Wall Street Journal does not mince its words.

In an article published today, it says that Shell has saddled itself with a mountain of debt as a result of its takeover of the BG Group.

Article author Sarah Kent points out Shell’s  debt-to-equity ratio is far higher than its major rivals.

The same concern is expressed in a related Wall Street Journal article: Shell’s New Year Promise: Slimming Down

Although Shell promised to offload $30 billion of assets, it has thus far sold only $5 billion worth.

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Alarm Bells – Shell Pearl GTL gasifiers crippled?

“Pearl’s gasifiers are crippled because of water-side corrosion on the syngas effluent cooler (SEC) tubes. The shells of all of Pearl’s SECs will have to be cut apart so the tubes can be replaced. Somebody made a massive design error.” 

JOHN DONOVAN EMAILS TO SHELL 28 DECEMBER 2016

From: John Donovan <john@shellnews.net>

Subject: Fwd: Pearl GTL gasifiers are crippled?

Date: 28 December 2016 at 18:25:12 GMT

To: Michiel Brandjes <michiel.brandjes@shell.com>

Cc: linda.szymanski@shell.com

Dear Mr Brandjes

I am contacting you as my designated contact point with Shell at least until this weekend when you retire. 

Please see my email correspondence with Neil Gilmour, Shell VP CP Integrated Gas & Projects.

Mr. Gilmour is on leave, hence my approach to you. 

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BP buys, while Shell sells: a recap of recent deal making by the majors

Written by Mark Lammey – 20/12/2016 6:00 am

While Shell has been selling assets to make good on its $30billion divestment plan for 2016-18, BP has flashed the cash with a number of big investments.

Shell said yesterday that it had raised $1.65billion (£1.33billion) in asset sales, while rival oil major BP has revealed plans to invest heavily on African licences.

Shell will make $1.4billion from the sale of a 31.2% stake in refiner Showa Shell Sekiyu to Japan’s Idemitsu Kosan, the firm said yesterday.

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Shell to sell Australian aviation fuels unit to Viva Energy

Shell to sell Australian aviation fuels unit to Viva Energy

by Angela Macdonald-Smith: 19 December 2016

Royal Dutch Shell has struck a $US250 million ($343 million) deal to sell its local aviation fuels division to Viva Energy in a further slimming down of its downstream operations in Australia.

The sale follows the oil giant’s $2.9 billion divestment of its other refining and fuels activities to Viva in 2014 and comes amid heightened speculation that Shell is getting set to offload its remaining stake in Woodside Petroleum.

The deal, expected to formally close by md-2017, will see the Shell brand still used for the aviation refuelling business under a licensing deal similar to the arrangement Viva has to use the logo for its petrol retailing business. Regulatory approvals still need to be secured.

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UK police spied on us, protesters tell inquiry

Shell to Sea, an environmental protest group, claims it was infiltrated by a British officer between 2004 and 2006: MARK STEDMAN/PHOTOCALL IRELAND

By:  Ellen Coyne – The Times

A Mayo protest group that claims it was spied on by a British police officer has asked to be included in a UK inquiry into undercover practices.

Shell to Sea, an environmental activist group that protested against the Corrib gas pipeline, believes it was infiltrated by Mark Kennedy when he was in the Republic.

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Shell to offload Dragon gas port

Danny Fortson: December 18 2016: The Sunday Times

Shell has begun quietly sounding out potential buyers for its share of a giant gas- import complex in west Wales.

The FTSE 100 company owns half of Dragon LNG, a terminal at Milford Haven that reheats super-chilled liquid natural gas after it is delivered by tankers. The site has the capacity to provide 10% of Britain’s gas needs.

Petronas, Malaysia’s state oil producer, owns the other half and is likely to have first right of refusal. Dragon is yet another asset that has been put up for sale by Shell, which has pledged to raise $30bn (£24bn) through a global disposal programme to offset the cost of its takeover of rival BG.

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Corruption of Police by Shell

Corruption of Police by Shell

Printed below is an extract from a current submission to The Pitchford Inquiry by the Shell to Sea organisation in Ireland. As can be seen, it very much involves Shell.

The Pitchford Inquiry is investigating undercover policing activities in England and Wales. Pressure is mounting to also cover the activities of undercover British police in Ireland.

EXTRACT FROM THE SUBMISSION

Corruption of Police by Shell

In March 2013 Shell to Sea  contacted a reporter in the London-based Observer newspaper regarding a series of allegations which had appeared consistently since September 2012 on a website co-founded by John Donovan and his late father Alfred, available at www.royaldutchshellplc.com. It took from March until publication on 11 August to research and legal-proof the article written by award-winning journalist Ed Vuillamy                            (http://www.theguardian.com/books/2013/may/18/ed-vulliamy-ryszard-kapuscinski-award) under the heading ‘Strange tale of Shell’s pipeline battle, the Gardaí and £30,000 of booze’. http://www.theguardian.com/world/2013/aug/10/shell-pipeline-protests-county-mayo  While the reportage of alcohol provision to the police came as no surprise, we find the claim made by Mr Neil Rooney of OSSL as quoted below to be, indeed, sinister:

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Fitzgerald should seek answers on undercover British police in Ireland

By:  Shell to Sea

Open Letter to the Irish Minister of Justice, Francis Fitzgerald

Shell to Sea are calling for the Minister of Justice, Francis Fitzgerald to seek that the inquiry into the behaviour of undercover British police (entitled the Pitchford Inquiry) be extended to include the activities of undercover police in Ireland.

The Pitchford Inquiry is so far only investigating undercover policing activities in England and Wales, however the German Government, the Scottish Government and Northern Ireland’s Justice Minister, Claire Sugden have all called for the remit of the inquiry to be widen to include the activities of the undercover British police in their jurisdictions.

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