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Posts under ‘New York Times’

Royal Dutch Shell Shareholders Beware

The news that BP may be fined up to $18bn for the oil spill in the Gulf-of-Mexico as a result of a ruling by a US federal court that BP acted with “conscious disregard of known risks” and that BP’s “conduct was reckless,” may have very serious implications for other oil companies. By John Donovan […]

Roundup of Royal Dutch Shell News 16 August 2014

SHELL’S USA FIRE SALE The New York Times reports that the Blackstone Group, a private equity company, is paying Royal Dutch Shell $1.2 billion for a stake comprising more than 107,000 net acres in Louisiana. MORE A related article by BusinessReport.com features a quote from Marvin Odum, president of Royal Dutch Shell’s U.S. division, Shell […]

Royal Dutch Shell Playing Politics with Human Lives?

What is even more appalling is the fact that the oil giant Royal Dutch Shell, is the one behind the scene steering the affairs of the Dutch Government and practically playing politics with ‘human lives.’ By Zik Gbemre RE: DESPITE ANGER OVER DOWNED JETLINER, EUROPE SHIES AWAY FROM SANCTIONS ON RUSSIA We find it rather […]

One of our sources: Joe McGinniss, the famed ‘journalist provocateur’

Extract from a Joe McGinniss email to a PR officer for one of the organizations supporting the plaintiffs in the Wiwa v Shell case, in which Joe (right) criticised the $15.5 million settlement:  But I can’t help sensing that after finally reaching the point where you were about to show the world the evidence of […]

‘Shell will try to prevent any sanctions against Russia’

Extracts from a New York Times article by Thomas Erdbrink published 23 July 2014 in the New York edition under the headline: “Despite Anger Over Downed Jetliner, Europe Shies Away From Sanctions on Russia” Shell, the Anglo-Dutch oil giant, which has its head office in The Hague, is one of the largest foreign investors in […]

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 […]

NAM Groningen: A Gas Cache, Now Under Shaky Ground

Extract from a New York Times article by Stanley Reed published in print on 5 June 2014 LOPPERSUM, the Netherlands — Deep below the cow pastures and farming villages in this picturesque northeastern corner of the Netherlands lies an extraordinary resource: Europe’s largest source of natural gas, known as the Groningen gas field. But as […]

In Taking Crimea, Putin Gains a Sea of Fuel Reserves

Extracts from a New York Times article by William J. Broad published in print on 18 May 2014 When Russia seized Crimea in March, it acquired not just the Crimean landmass but also a maritime zone more than three times its size with the rights to underwater resources potentially worth trillions of dollars. Russia portrayed […]

Crackdown on Russia Could Hurt Western Oil

Extracts from an article by CLIFFORD KRAUSS published in print on March 28, 2014, on page B1 of the New York edition of The New York Times with the headline: Crackdown on Russia Could Hurt Western Oil. As the United States seeks to strengthen sanctions on Moscow for its occupation of Crimea, energy experts say […]

Shell cracker plant fate still unknown

Extract from a Rachel Morgan article published Friday 21 March 2014 by The New York Times HOPEWELL TWP. — Shell Oil Co. is still staying mum — at least for a little while longer. Shell officials met with officials from the Pittsburgh Regional Alliance, local elected officials and two Beaver County commissioners Thursday at the […]

Shell/Exxon Mobil puts Ukraine gas prospect on hold

Extract from an article by Jim Landers published on 5 March 2014 by The Dallas Morning News Exxon Mobil and Royal Dutch Shell are heading a group selected in 2012 to explore for gas off Ukraine’s western Black Sea coast in an area called Skifska. Negotiations on a production-sharing agreement with the Ukrainian government were […]