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Production of Nigeria’s Bonga oil ramping up after shutdown -Shell Nigeria

Reuters Staff: LONDON, Feb 5 (Reuters) –

* Production of Nigeria’s Bonga crude oil is “being ramped up gradually” after brief shutdown, a spokesman for Shell Nigeria Exploration and Production company (SNEPCo) said on Monday

* The company performed a “brief shutdown” from Jan. 16-28 for repairs on a piping system. It added that “further checks and ancillary repairs” mean that oil and gas production were gradually ramping up

* Traders told Reuters the maintenance had impacted oil loadings, and a list of vessel loadings showed the last cargo to load was the suezmax Sea Garnet on Jan. 17. The Narmada Spirit is expected to load early this week, according to loading plans seen by Reuters read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell’s team of undercover officers in Nigeria

Shell managed a large force of police officers, which provided security for the company’s personnel and property. The records show that this force included a team of undercover officers, which received training from the security services. 

Extract from pages 9, 10 & 11 of an Amnesty International document headed: “A CRIMINAL ENTERPRISE? SHELL’S INVOLVEMENT IN HUMAN RIGHTS VIOLATIONS IN NIGERIA IN THE 1990s”

Under Executive Summary.

BEGINS

SHELL LENT MATERIAL SUPPORT AND ASSISTANCE TO THE ARMED FORCES

Shell provided the security forces with logistical support and payments as a matter of routine during the 1990s. Former Shell Nigeria chairperson, Brian Anderson explained that this was standard practice in relation to the military:

“In reality, any operational contact with the government requires financial and logistical support from Shell. For example to get representatives of the Department of Petroleum Resources to view an oil spill we often have to provide transport and other amenities. The same applies to military protection.” (emphasis added) read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell corporate espionage

Extract from the ebook “John Donovan, Shell’s Nightmare” (now available on Amazon websites globally)

(BACKGROUND INFORMATION ABOUT SHELL’S EPIC 25 YEAR FEUD WITH JOHN DONOVAN – which puts the extracts below in overall context.)

Our case against Shell, including witnesses and evidence, was the subject of undercover activity. Witnesses were interviewed by an undercover agent posing as a journalist. The same person also gained access to our evidence under false pretences. Evidence was scrutinized and tampered with during a series of what the police unofficially concluded were targeted burglaries.

Extract below from pages 95, 96 & 97

Shell corporate espionage in the run-up to the Smart trial

Titled Shell directors, the late Sir Peter Holmes, and Sir William Purves were also directors, major shareholders and the spymasters of Hakluyt & Company, a UK corporate espionage firm founded by former senior MI6 officers. Shell used Hakluyt to engage in cloak and dagger operations against its perceived enemies, including Greenpeace, as exposed in a Sunday Times front page lead article.

When Shell first instigated a cloak and dagger operation against us, we had no knowledge of the oil giants long time involvement in the dark arts.

I first mentioned the subject of investigative activity in a letter dated 15 June 1998 that I sent to Dr Chris Fay, the then Chairman & Chief Executive of Shell UK Limited. It was also copied to Shell lawyers.

From paragraph 4 of page 3:

“Shell did retain an investigative specialist in connection with the previous litigation. They made investigations about me going back over a decade.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell can still grow in ‘rejuvenated’ North Sea, CEO says

Shell’s boss said yesterday that the North Sea is showing signs of “rejuvenation” and can provide the oil major with more room to grow.

Written by  – 

Doubts about Shell’s commitment to the UK were raised last year when it agreed to sell a package of assets to Chrysaor. But last month the Anglo-Dutch energy giant announced its decision to invest in redeveloping the Penguins area, 150miles north-east of Shetland. The project will involve the construction of Shell’s first new manned installation in the northern North Sea in almost 30 years. Chief executive Ben van Beurden said yesterday that the Penguins decision was “important” for Shell. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell pledges share buyback despite worry over cashflow

Royal Dutch Shell has sought to reassure investors that it will soon be able to press ahead with a promised $25 billion share buyback, after doubts over its cashflow overshadowed a surge in full-year profits. Ben van Beurden, chief executive of the Anglo-Dutch oil group, said that he was “obsessed” with starting share buybacks as soon as possible and was confident that it could afford them, despite reporting weaker-than-expected cash generation that sent its shares down 2.5 per cent yesterday. MORE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell LNG glut ‘conspicuously absent’: Shell CEO Ben van Beurden

by Angela Macdonald-Smith: Feb 2 2018 at 12:03 PM: Updated Feb 2 2018 at 3:19 PM

Royal Dutch Shell chief executive Ben van Beurden has declared that the energy giant’s confidence in the LNG market has been justified with no sign of the oversupply that others had warned of. “The LNG glut is conspicuously absent isn’t it, much to the surprise of those that thought this was inevitable,” Mr van Beurden told reporters at Shell’s fourth-quarter results briefing in London. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

A BLUNT INSIDER JUDGEMENT OF ROYAL DUTCH SHELL

Extract from the ebook “John Donovan, Shell’s Nightmare” (now available on Amazon websites globally)

(BACKGROUND INFORMATION ABOUT SHELL’S EPIC 25 YEAR FEUD WITH JOHN DONOVAN – which puts the extracts below in overall context.)

Extract below from pages 55, 56, 57 & 58 consisting of an informed damning judgement (in June 2004) on Shell management by Dr. John Huong a Shell Production Geologist. He blew the whistle internally on the reserves fraud that resulted in the forced merger of Shell Transport and Trading and Royal Dutch Petroleum, into Royal Dutch Shell Plc in 2005. He was fired for being a person man of high integrity. Eight companies in the Shell group jointly sued him for defamation, but eventually, six years later, settled that action along with his claim against Shell for wrongful dismissal.

Extract Begins

CONTENT OF A LEAFLET PUBLISHED ON OUR WEBSITE AND CIRCULATED IN JUNE 2004 AT THE SHELL CENTRE, LONDON. ALL EXTRACTS FROM COMMENTS MADE BY DR. JOHN HUONG

“I will supply for publication further informed comment and revelations in the run up to Shell’s AGM on 28 June. It will include examples of the toxic combination of arrogance, greed, dishonesty, and blatant disregard for all ethical norms by Shell Management, that has culminated in the current shame heaped upon the once proud Shell name.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell Profit Triples but Cash Flow Disappoints

LONDON—Royal Dutch Shell PLC more than tripled its profit in 2017 on a rebound in oil prices, but its closely watched cash-flow figures fell short of expectations, alarming investors. The British-Dutch oil giant said Thursday its 2017 profit on a current cost-of-supplies basis… was $12.1 billion, up from $3.5 billion in 2016. Its earnings for the fourth quarter jumped to $3.1 billion from $1 billion a year earlier. FULL ARTICLE  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell profits double despite $2bn US tax charge

Profits at Royal Dutch Shell more than doubled in the fourth quarter of last year, despite the group taking a $2bn charge related to President Donald Trump’s US tax reforms. The recovery in oil prices coupled with steep cost cuts after a three-year downturn are fuelling a resurgence in cash flow and profitability at Shell and the world’s other largest oil and gas groups. FULL FT ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell annual profits up 242% to £8.5bn as oil prices rise

Royal Dutch Shell has reported a surge in annual profits to £8.5bn – a leap of 242% on the previous year. The Anglo-Dutch oil major credited the performance on a recovery in oil and gas prices during a “year of transformation” within the business. Underlying earnings – which reflect day-to-day operations and strip out one-off costs – more than doubled to £11.2bn and were aided by a £3bn contribution during the final three months of the year. The company said: “Full-year earnings benefited mainly from higher realised oil, gas and liquefied natural gas (LNG) prices, improved refining performance and higher production from new fields, which offset the impact of field declines and divestments.” FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell ‘transformation’ doubles profits as oil recovery takes hold

Jillian Ambrose

Royal Dutch Shell has doubled its profits following the oil major’s worst financial year in over a decade as the oil market recovery takes hold. The Anglo-Dutch oil giant said the “transformation” following its 2016 mega-merger with BG Group and $30bn portfolio overhaul has reopened flows of cash back into the business as oil prices soared to over $65 a barrel last year, from under $30 a barrel at its lowest point in early 2016. Shell’s earnings on a ‘current cost of supply’ (CCS) basis, which is a standard oil industry measure, more than doubled from the previous year to reach $15.8bn (£11bn) for 2017. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell poised to dethrone Exxon in oil titans’ cash clash

Ron Bousso: 1 FEB 2018 LONDON (Reuters) – Royal Dutch Shell could usurp its largest rival Exxon Mobil as the energy sector’s biggest cash generator after higher oil and gas prices combined with an improved performance lifted its 2017 revenue.Chief Executive Ben van Beurden has made no secret of his desire to challenge the dominance of the world’s largest listed oil company after its $54 billion purchase of BG Group in 2016 catapulted Shell into second place in terms of production. The Anglo-Dutch company on Thursday reported a more than doubling of profit in 2017 to $16 billion, the highest since the start of the 2014 downturn as the effect of years of costs cuts and the integration of BG Group filtered through. “We enter 2018 with continued discipline and confidence, committed to the delivery of strong returns and cash,” van Beurden said in a statement. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell Makes as Much Money at $60 a Barrel as When It Was $100

The oil-price rally worked both ways for Royal Dutch Shell Plc as improved exploration and production lifted profit to a three-year high while refining and trading fell short of expectations as margins shrank. Crude’s surge raised adjusted profit at Europe’s largest energy company to $4.3 billion last quarter, the highest since 2014. While the bottom line was better than expected — and Shell is making as much money with oil at $60 a barrel as when it was $100 — cash flow was the weakest since 2016. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell Makes Mexico Comeback to Rule Deep Gulf Waters

In the span of a few hours, Royal Dutch Shell Plc became the new king of Mexico’s deep waters.

The super major — which once dominated the country’s oil industry and operates the deepest prospects in the U.S. side of the Gulf — made a comeback by winning about a third of the offerings in Mexico’s biggest-yet bidding round.

The auction of exploration and production permits on Wednesday was the strongest sign so far that Mexican President Enrique Pena Nieto’s energy reform is bearing fruit by luring investment plans that will help get Mexico’s oil production back on track. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell ahead in Mexico oil auction, wins five blocks

Adriana BarreraMarianna Parraga JANUARY 31, 2018 / 3:31 PM

MEXICO CITY (Reuters) – Royal Dutch Shell (RDSa.L) won five of the first eight oil and gas blocks awarded in Mexico’s prized deep waters in the Gulf of Mexico, making the early running in the country’s biggest auction since the energy sector was opened to international oil firms. The stakes are high for Mexican President Enrique Pena Nieto and his ruling party, which is keen to showcase the results of the liberalization ahead of a presidential election in July. Shell, in a consortium with Qatar Petroleum, won four of the first nine blocks on offer in the Perdido basin, which is close to U.S. waters where oil firms already operate and have infrastructure. READ FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

AMNESTY INTERNATIONAL SAYS SHELL SOLICITED AND ENCOURAGED INTERVENTION BY THE NIGERIAN SECURITY AND MILITARY FORCES

…Brian Anderson had another meeting with General Abacha. Despite being aware that Ken Saro-Wiwa and scores of others were now in detention and that many Ogonis had been killed in raids by the ISTF, Anderson’s own notes of the meeting do not refer to these issues at all.

Extract from pages 9, 10 & 11 of an Amnesty International document headed: “A CRIMINAL ENTERPRISE? SHELL’S INVOLVEMENT IN HUMAN RIGHTS VIOLATIONS IN NIGERIA IN THE 1990s”

Under Executive Summary.

BEGINS

SHELL SOLICITED AND ENCOURAGED INTERVENTION BY THE NIGERIAN SECURITY FORCES AND MILITARY AUTHORITIES

Despite knowing that serious human rights violations were almost inevitable, Shell encouraged and solicited the intervention of the Nigerian security forces and the military authorities. In 1993, Shell repeatedly asked the Nigerian government to deploy the army to Ogoniland to prevent protests from disrupting the laying of the pipeline. This resulted in the shooting and injuring of eleven people at Biara on 30 April and the shooting to death of a man at Nonwa on 4 May. According to an internal Shell document, Shell executives even advised the Nigerian military not to release protestors it had detained unless the military received commitments from their community to stop protests, thereby directly soliciting a violation of the human rights of the detainees. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan
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