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Bad news for fossil fuels

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By Ed Crooks: June 10. 2016

Two of the most widely respected energy analysts – BP’s economics team and the International Energy Agency – published reports this week, and both brought bad news for fossil fuel producers. They differed, however, in the focus of their gloomy perspectives. For BP, publishing its 65th annual Statistical Review of World Energy, it was coal that came off worst. As Spencer Dale, BP’s chief economist, put it in his presentation, “2015 was undoubtedly an annus horribilis for coal”. The shift to natural gas for power generation in the US gathered pace, and there was a second consecutive year of declining consumption in China.

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New ebook available globally, including:;;;;;;;;;

About: John Donovan, Shell’s nightmare

His ebook tells the truly extraordinary story of a series of battles in an epic feud between him and the oil giant Royal Dutch Shell. It all stemmed from the repeated theft of intellectual property by Shell.

Donovan was chairman of a sales promotion agency, Don Marketing, that devised spectacularly successful forecourt promotions for Shell on an international basis. Many involved budgets of several million dollars. A mutually beneficial relationship lasted for over a decade.

This was followed by two decades of acrimony involving six High Court actions, a County Court case and proceedings via the World Intellectual Property Organisation (WIPO).

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Royal Dutch Shell: Here’s Why S&P Downgraded Credit Rating

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By Muhammad Ali Khawar on Feb 2, 2016 at 6:49 am EST

Standard & Poor’s (S&P) recently downgraded Royal Dutch Shell’s (ADR) (NYSE:RDS.A) credit rating from “AA-” to “A+,” as a result of the depressed crude environment. Since June 2014, crude oil prices have fallen more than 70%.

The downgrade came just weeks after the S&P lowered Brent crude expectations for the year. Initially, it expected the global crude oil benchmark to trade at around $55 per barrel. However, only last month the firm cut its price forecast to $40 per barrel, when the market conditions failed to recover.

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Six British multinationals ‘did not pay any UK corporation tax in 2014’

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Lloyds, brewer SABMiller and drugs company AstraZeneca were also among the six multinationals not to have paid any corporation tax in 2014, reports the Sunday Times

The same year, the six British companies made a combined global profit of £30bn. 

Shell used a complex corporate structure, a company branch in Switzerland, with hardly any tax rates, and tax havens such as Bermuda to reduced its tax payments. 

In 2014, it paid no UK corporation tax but made a global profit of £19.87bn writes the Sunday paper. 

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Did Shell Shareholders Just Seal Their Fate?

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Alex Dumortier: (TMFAleph1): Jan 29, 2016 at 1:08PM

U.S. stocks are higher in early afternoon trading on Friday, with the Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) up 1.76% and 1.72%, respectively, at 1 p.m. EST. Royal Dutch Shell plc’s ADRs (NYSE: RDS-A), up 0.58%, are underperforming the broad market, but are roughly in line with the sector, with the FTSE Global Energy Index up 0.34% at 12:04 p.m. EST.

On Wednesday, shareholders of Royal Dutch Shell overwhelmingly approved the acquisition of BG Group plc, with 83% of votes cast in favor of the mammoth deal. If you ask this columnist, the uncertainty regarding whether it will ultimately produce an acceptable return for shareholders does not warrant that level of support.

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Final approval for Shell mega-merger as BG Group shareholders vote in favour of the £36bn deal

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One of the largest takeovers in history finally got the go-ahead yesterday after BG Group shareholders followed those at Royal Dutch Shell in approving the £36billion deal.

At a meeting in London, 99.53 per cent of BG shareholders voted in favour, a day after 83 per cent of Shell investors approved the deal that was first announced last April.

Shell chief executive Ben van Beurden said: ‘BG adds attractive deep water and integrated gas positions and will act as a catalyst for accelerating the reshaping of our business. 

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Final green light for Shell-BG takeover

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By Jillian Ambrose: 2:19PM GMT 28 Jan 2016

BG Group shareholders have voted through Shell’s £40bn takeover bid by an overwhelming majority.

The widely expected final nod for the landmark energy merger was voted through with 99.55pc of BG investors in favour, ending a controversial nine month campaign by Shell to cement its new strategic direction.

The tie-up received an 83pc approval vote from Shell shareholders on Wednesday, despite early fears that the deal was overpriced due to the collapse of oil prices since the bid was made last April.

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Shell/BG vote is a bet on oil prices bouncing back

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Screen Shot 2016-01-13 at 08.05.25By Andy Critchlow January 27, 2016

Shell Chief Executive Ben van Beurden can breathe easier after shareholders backed his big gamble on oil prices rebounding. Only 17 percent of investors voted against his $50 billion takeover of BG Group on Jan. 27. Cost savings estimated at $3.5 billion will help assuage some worries, and paying partly in shares insulates some of the market effect, but the $60 oil Van Buerden says is needed for the deal to create economic value still looks far away.

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Will 2016 Be Royal Dutch Shell’s Worst Year Yet?

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There is a lot of pessimism regarding shares of Royal Dutch Shell (NYSE:RDS-A) (NYSE:RDS-B). Despite strong cash flow results behind its less-than-stellar earnings results, shares of Shell have been sinking faster than its Arctic drilling rigs (too soon?).

Over the past 18 months, the company has lost more than half of its market capitalization while its largest peers, ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX), have seen more modest declines.

Unlike ExxonMobil and Chevron, which are continuing with business as usual with their development plans and slowing capital budgets, Shell is also in the middle of a transformative acquisition that could shape the company’s future for decades. With that added uncertainty of what Shell will look like post BG Group merger, and oil prices in the $30 per barrel range, some investors may be wondering if 2016 will be a rough one to be a shareholder.

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Does the Shell/BG Group Deal Make Sense With Oil at These Levels?

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On April 8, 2015, Royal Dutch Shell (NYSE:RDS-B) announced the terms of an agreement to buy BG Group for 383 pence in cash (or $5.51 per share) and 0.4454 Shell B Shares. If shareholders of both companies approve the deal when they vote on Jan. 28 and 29, the combined company will become the largest publicly traded LNG producers in the world, with more than double the reserves of ExxonMobil (NYSE:XOM). And it would catapult Shell into becoming the world’s second-largest non-state oil company in the world from a market cap perspective, ahead of Chevron (NYSE:CVX). 

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Shareholder green light expected for Shell BG merger

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MARTIN FLANAGAN: Monday 25 January 2016

Major investors are expected to back Shell’s troubled £36 billion takeover of rival BG Group this week despite reservations that the plunging oil price has made the deal less attractive than when first unveiled last year.

David Cumming, head of equities at Edinburgh-based Standard Life Investments, has been one of the most high-profile opponents of the merger, calling it “value destructive for Shell shareholders”.

Some other institutional investors also have concerns about the terms of the deal in the current depressed climate for the oil industry, and it is thought the Shell shareholder vote on Wednesday and BG vote on Thursday could be close.

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Shell’s white elephant?

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Sunday 24 January 2016 09.00 GMT

Oil workers in Aberdeen will be watching events in the Hague this coming Wednesday as closely as anyone.

They will be hoping that some miracle occurs so that Dutch and other international investors in Shell suddenly swing against the £35bn merger with rival BG that is coming up for a final vote.

Ben van Beurden, the Shell chief executive, will almost certainly win the day and that could result in many Scottish oil workers being sacrificed in a blitz of job cuts needed to justify the tie-up.

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Shareholders smile on Shell-BG tie-up

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Screen Shot 2016-01-20 at 08.29.05Dominic O’Connell Published: 24 January 2016

ROYAL DUTCH SHELL is expected to seal its takeover of rival oil and gas producer BG this week, with shareholders of both companies likely to vote in favour of the tie-up.

The deal, the largest in oil and gas for a decade, will create a British giant, bringing together companies with market values of £89bn (Shell) and £33.5bn (BG).

Some Shell investors have criticised the deal and vowed to vote against it, saying the tumbling oil price has made it unattractive. Shell’s boss Ben van Beurden has said oil needs to be above $60 a barrel over 20 to 30 years for the deal to pay off. Brent crude closed last week at $32.18 a barrel.

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By John Donovan

In a matter of days, I will be publishing an e-book entitled “Sir Henri Deterding and the Nazi History of Royal Dutch Shell.”

Publication is timed to coincide with another momentous episode in the history of Royal Dutch Shell –  the vote on the Shell BG Group merger.


In the years leading up to WW2, the Dutch founder of the Royal Dutch Shell Group, Sir Henri Deterding became an ardent Nazi. He financially backed the Third Reich and met directly with Hitler on behalf of Royal Dutch Shell.

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Shell’s profits dive ahead of BG deal shareholder vote

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20 JAN 2016

Royal Dutch Shell has reported a sharp drop in profits just a week before shareholders vote on its planned takeover of smaller rival BG Group.

For the fourth quarter it expects profits of $1.6bn to $1.9bn, less than half the $4.2bn it made a year ago.

It expects full year profits of $10.4bn to $10.7bn, below its $10.8bn guidance.

The oil firm has issued the preliminary results to enable investors to have up-to-date information on its performance ahead of the vote on 27 January.

Its shares fell 3.7% in early trading.

But chief executive Ben van Beurden said he was “pleased” with the results.

“The completion of the BG transaction, which we are expecting in a matter of weeks, will mark the start of a new chapter in Shell, to rejuvenate the company, and improve shareholder returns,” he added.

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Royal Dutch Shell / BG: A Marriage That Will Need Work

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Screen Shot 2016-01-13 at 08.05.25By HELEN THOMAS: Jan 20, 2016

As a reminder of why Royal Dutch Shell wants to buy BG Group , an ugly set of figures certainly does the job.

Amid criticism of the now-$47 billion deal ahead of shareholders votes later this month, both companies released early full-year results Wednesday.

Shell’s report card was enough to send its stock down 5% in early trading.


Shell attacked for its part in ‘extraordinary’ £2.3bn Nigerian tax break

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Mark Leftly: 20 JAN 2016

Royal Dutch Shell has come under fire for being part of a consortium that accepted an “extraordinary” $3.3bn (£2.3bn) tax break in Nigeria – twice the poverty-stricken country’s annual health budget.  

In a new report ActionAid estimated the consortium, which also includes France’s Total and Italy’s Eni, received this benefit between 2004 and 2012 on top of Nigeria’s standard five-year tax holiday to encourage investment. The charity says the cost of the tax breaks could have been better spent on improving health and education systems at the same pace that oil revenue pours in.

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Shell ditches major Abu Dhabi gas field project

Screen Shot 2016-01-18 at 14.07.39By Ron Bousso: Commodities | Mon Jan 18, 2016 12:07pm GMT

Royal Dutch Shell said on Monday it had decided to exit the multi-billion dollar plan to jointly develop the Bab sour gas field in Abu Dhabi, citing the downturn in the oil market.

The Anglo-Dutch company said that “following a careful and thorough evaluation of technical challenges and costs” it will stop further joint work on the project with the Abu Dhabi National Oil Co. (ADNOC).

Shell won in 2013 a tender that was valued at the time at $10 billion to develop over a 30-year venture the complex sour gas field that involves treating potentially deadly gasses.

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Shell CEO says oil giant would be hit by Brexit

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Stocks | Sun Jan 17, 2016 12:09pm GMT

London: The chief executive of one of the world’s biggest firms Royal Dutch Shell (RDSa.L) warned on Sunday that the oil and gas company would be negatively impacted were Britons to back leaving the European Union in a referendum.

Prime Minister David Cameron is renegotiating his country’s membership of the 28-member trading bloc and could reach a deal with EU partners at a summit next month, paving the way for a public vote as soon as June.

Chief Executive Ben van Beurden told the Sunday Times newspaper that the Anglo-Dutch firm, which is currently seeking shareholder approval for its bid to acquire Britain’s BG Group (BG.L), could suffer were Britain to leave the bloc.

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Why Buying BP plc & Royal Dutch Shell Plc Is Utter Madness!

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By Royston Wild – Friday, 15 January 2016

Another day, another chance for further harrowing weakness across stock markets and commodity classes. And so it has come to pass.

Brent values fell even further below the $30 per barrel marker during Friday trade, marking fresh nadirs not seen since 2004. The benchmark has dropped more than 10% since the start of the week, and levels of $60 per barrel seen just six months ago seem a very, very long way away.

While fossil fuel plays (LSE: BP) and Shell (LSE: RDSB) have suffered fresh weakness as a result — the operators’ share prices are down 5% and 12% respectively since 2016 kicked off — I believe investors should resist attempting to pick up a bargain.

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Shell dividend could be under threat over audacious takeover of gas specialist BG Group

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The last time Royal Dutch Shell cut its dividend was in 1945 when the Netherlands had just endured the ‘Hunger winter’ under Nazi occupation before the end of the Second World War.

Now investors are worrying their treasured dividend could be under threat again.

Shell is embarking on an audacious takeover of gas specialist BG Group. The £36bn deal will go to a shareholder vote at the end of the month. However, with the oil price at a 12-year low, many are warning the deal does not make sense.

And worse still, some are fearful that if it does go ahead it will mean Shell won’t be able to afford to keep paying its healthy dividend.

Shell pays the best dividend in the FTSE 100 and yields around 7.2 per cent on the current promised $1.88-a-share dividend. As Steve Clayton, head of equities research at broker Hargreaves Lansdown, explains: ‘Half of Holland would keel over in apoplectic horror if Shell ever cut the payout.’

A handful of institutional investors have already pronounced their views on the deal.

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A £36bn deal of a lifetime: Shell boss vows to protect dividends as he defends merger with BG Group 

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Screen Shot 2016-01-14 at 23.40.15By ALEX BRUMMER FOR THE DAILY MAIL: 15 JAN 2016

The stone-faced Shell building overlooking the Thames at dawn is the grand dame of the London skyline predating the towers of Canary Wharf and the London Eye.

It is from here, in a relatively modest, plainly decorated 24th floor office, with almost no personal touches, that Ben van Beurden, a Shell man for 33 years, is engaged in the boldest move of his career.

‘I’ll be very honest with you,’ he confesses to the Mail in his first major interview since the transforming bid for BG International, formerly the exploration arm of British Gas, was unveiled last April. 

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Will Royal Dutch Shell Eliminate Its Dividend This Year?

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Screen Shot 2015-11-20 at 08.55.47Extracts from an article by Lior Cohen: JAN 14, 2016

Shell’s stock shed 10% off its value over the last month, as the price of oil dwindled.

Following this fall, the dividend yield is currently at 9.4% – a historic level.

Some investors think that because the company paid and raised its dividend since WW2, it means it won’t deviate at this stage. But let’s not forget that times are changing. And if Shell were to face say a Gulf of Mexico oil spill as BP (NYSE:BP) encountered back in 2010, you can bet the dividend will be eliminated in a heartbeat – especially in times of low oil prices. But even without a major oil spill, the current oil price environment stresses Shell’s cash reserves.

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Short-term LNG supply: Shell to lose $1b contract as Qatar offers lower price

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By Zafar BhuttaPublished: January 15, 2016

ISLAMABAD: Energy giant Royal Dutch Shell is going to lose a five-year liquefied natural gas (LNG) supply contract worth over $1 billion as a Qatari company has agreed to provide the commodity at a lower price to Pakistan.

Gunvor and Royal Dutch Shell had won supply contracts in response to the two tenders floated by Pakistan State Oil (PSO) a few weeks ago for bringing 120 LNG cargoes over a period of five years.

Gunvor offered to bring 60 cargoes at 13.37% of Brent crude price whereas Shell quoted 13.8% of Brent crude price for another 60 cargoes.

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Shell-BG deal wins more support, but concerns persist

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By Ron Bousso and Karolin Schaps

LONDON, Jan 14 Two weeks before shareholders are due to vote on Royal Dutch Shell $48 billion bid for BG Group, more investors have come out in support of the deal, despite lingering concerns about the effect of falling oil prices on the sector.

The bid has already won the backing of several major shareholders and advisory groups, with only a handful of investors publicly arguing against its merits even as oil prices have dropped below $30 a barrel for the first time in 12 years.

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Is Royal Dutch Shell Plc Dead Money?

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By Rupert Hargreaves – Thursday, 14 January, 2016

There’s nothing worse than analysts labelling a company ‘dead money’, the slang term given to an investment that’s unlikely to produce a positive return for the foreseeable future.

If the investment truly is dead money, the likelihood of a turnaround is low and investors should consider selling the shares before incurring additional losses.

Unfortunately, the market seems to think that Royal Dutch Shell (LSE: RDSB) is dead money. But is this really the case? 

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Amid oil price plunge, price-setting Brent supported by Shell sales to Asia

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LONDON | BY ALEX LAWLERWed Jan 13, 2016: 12:51pm EST

As oil prices fall to new multi-year lows on a global glut, the structure of the niche but crucial benchmark Brent market has shown counter-intuitive signs of tighter supplies and strengthening.

The reason, according to some in the market, was an unusual accumulation of British Forties crude oil cargoes by Royal Dutch Shell, and the expected shipment of many of these out of Europe to South Korea and China.

Shell may have bought more than half of the Forties cargoes loading in January, according to estimates from North Sea crude traders. Price differentials for Forties, which is the largest of the four North Sea crudes that underpins the dated Brent physical benchmark, rose.

“I think it has to do with Shell’s position,” said a North Sea trader with another company, referring to the strengthening in Forties differentials seen during late December. “Lack of Forties availability.”

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Standard Life to vote for and against Shell & BG merger

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Calling the deal “value destructive for Shell shareholders”, Standard Life announced on Friday that it will vote against, and revealed that it had tried to persuade the Shell board to renegotiate the deal.

by Veselin ValchevTuesday, 12 Jan 2016

Standard Life, a top shareholder in both Royal Dutch Shell Plc (LON:RDSA) and BG Group, will support the deal via its holding in BG, sources close to the company revealed yesterday, after last week the UK fund said it would vote against the deal with its Shell shares.

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Shell and BG investor who attacked £40bn tie-up will also back deal

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By Andrew Trotman: 12 Jan 2016

Standard Life Investments is to use its stake in BG Group to back the oil company’s £40bn merger with Royal Dutch Shell, just days after calling the deal “value destructive”.

The investment firm, which owns 2.1pc of Shell and 1.3pc of BG, plans to support the proposal at the latter’s annual general meeting on January 28,

It comes less than a week after David Cumming, head of equities at Standard Life Investments, vowed to vote against the deal using the Shell stake because the low oil price would not make it worthwhile.

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Top Investor Votes Both Ways On Shell Deal

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By Mark Kleinman, City Editor: 11 JAN 2016

A leading City investor is to vote some of its shares in favour of Shell’s £36bn takeover of BG Group, despite its public opposition to one of the oil industry’s biggest-ever deals.

Sky News has learnt that Standard Life Investments will vote its roughly 1.3% stake in BG in support of the tie-up at an extraordinary shareholder meeting later this month.

The decision will follow a vocal effort by Standard Life Investments’ top fund manager, David Cumming, to encourage Shell to renegotiate the terms of the deal.

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Shell’s key shareholder advisory group gives support for BG Group bid as oil giant predicts oil price will double

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Shell’s mega bid for rival BG Group has received crucial backing in the US as the oil giant’s boss predicts the price of oil could double.

Glass Lewis, which gives guidance to US investors, has said it supports the £36billion offer that Royal Dutch Shell made in April last year.

Shell chief executive Ben van Beurden has shunned suggestions the deal is unwise due to sinking oil prices, currently around $33 per barrel, and has predicted prices will double.

He said: ‘The oil prices we are seeing today are not sustainable and are going to settle at higher levels over the next few decades than the low $60s that we require to make this deal a good deal.’

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SHELL BOSS: The oil slump won’t last

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Will Martin: 11 JAN 2016

The CEO of Shell has made a pretty bullish call on the price of oil just weeks before the company tries to complete its merger with BG Group in one of the biggest oil deals in history.

Speaking with the Sunday Times ahead of a vote by shareholders on the proposed $51 billion (£35 billion) deal, Ben van Beurden said that he couldn’t see today’s oil prices lasting and that he reckoned things would pick up in the coming years (emphasis ours):

“The oil prices we are seeing today are not sustainable and are going to settle at higher levels,” he said, “and higher, in my mind, over the next few decades than the low $60s that we require to make this deal a good deal.”

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Shell boss bets oil price will double

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Van Beurden told The Sunday Times this weekend he was “very, very confident” it would bounce back.

“The oil prices we are seeing today are not sustainable and are going to settle at higher levels,” he said, “and higher, in my mind, over the next…


Deal or No Deal? The Numbers That Matter for Shell’s BG Takeover

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Screen Shot 2015-12-23 at 09.03.45…investors have questioned whether Shell is paying too much after oil prices slumped to the lowest in almost 12 years.

By Rakteem Katakey: JAN 11, 2016

Royal Dutch Shell Plc is a month away from completing its biggest acquisition, which would vault it over Chevron Corp. to become the world’s second-biggest non-state oil company.

The takeover of BG Group Plc would raise Shell’s market value close to $175 billion, boost flagging reserves and production, add to cash flow and bolster its ability to pay dividends, the company says. Yet investors have questioned whether Shell is paying too much after oil prices slumped to the lowest in almost 12 years.

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The UK finance ministry stands to make close to $300 million and banks, law firms and other advisers will receive as much again, if the Shell-BG takeover gets the go- ahead later this month.

There are less than three weeks to go until the Anglo-Dutch major’s general meeting on January 27th when shareholders vote on the takeover. BG’s own shareholders will vote a day later.

The deal is now worth about $53 billion, down from the initial $70 billion, thanks ultimately to low oil prices. Of that roughly 1% goes in payments, including the UK government’s 0.5% in Stamp Duty.

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Can Royal Dutch Shell Plc Withstand Another Year Of Cheap Oil?

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By Harvey Jones | 7 JAN 2016

It’s been a shocking start to the year for global stock markets in general and the oil price in particular. A barrel of Brent crude has fallen to a 12-year low of $34 and there’s no sign of it bottoming out. That’s astonishing as you might have expected the opposite to happen, given soaring tensions between Saudi Arabia and Iran, the world’s largest and fourth-biggest oil producers, respectively.

Glut of black gold

Geopolitical troubles could easily trigger an oil shock that could send the price spiralling upwards as fast as it has fallen. Yet markets can’t bring themselves to think about that prospect with the world swimming in an absolute glut of the black stuff.

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Shell promises more cuts to win investors over on BG deal

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Michael Bow: 15 Dec 2015

Royal Dutch Shell moved to shore up support for its £35bn BG Group takeover yesterday, by promising to slash more jobs amid concerns shareholders could rebel against the deal. 

The Anglo-Dutch oil giant will axe a further 2,800 jobs around the world on top of 7,500 roles it had previously announced were for the chop.

The losses – equivalent to 3 per cent of the combined group’s workforce – coincide with the final furlong of the long-running takeover saga, which has been put under pressure due to this year’s oil price rout. 

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Commemorating the 20th Anniversary of the Extra Judicial Death of Ken Saro-Wiwa & all the Ogoni 9

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Screen Shot 2015-11-11 at 13.47.0710 Nov 2015, Dublin Ireland

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Shell to Sea Activists and AFRI commemorated the 20th Anniversary of the deaths of Ken Saro-Wiwa and the Ogoni Nine outside “Corrib House:” Shell’s Irish Headquarters in Dublin. The activists carried crosses bearing the names of each of the men executed by the corrupt Nigerian Government on 10 November 1995. Many sources believe that these executions were done at the behest of Shell. Ken Saro-Wiwa and the Ogoni people, had been actively leading successful civil society actions and demonstrations thwarting Shell’s development of oil on the land of these indigenous farmers and fishermen. Even though it hasn’t been explicitly proven that Shell ordered the killing… they did benefit from the outcome and later paid reparations to the families. (In 2009 Shell settled out of court to the tune of 15.5 million dollars to the families of the victims to avoid going to court in the USA.)

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Shell’s Loss: Oil Prices Aren’t the Only Problem

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There is blood in the water at Royal Dutch Shell

By HELEN THOMAS: Oct. 29, 2015 

There is blood in the water at Royal Dutch Shell. The wound will take some time to heal. The U.K. oil and gas company Thursday posted a huge third-quarter loss, dragged down by impairments of $8.2 billion in its upstream business. Just less than half the charges owed to Shell reducing its view of longer-term oil and gas prices by an unspecified amount. The remainder was write-offs resulting from its decision to cease drilling in the Arctic and call a halt to a Canadian oil sands project.

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Oil Spill: Ilaje Coastal Communities Demand Compensation from Shell

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22 October 2015

The Ilaje coastal communities in Ondo state have alleged that oil giant, Shell Petroleum Development Company (SPDC) allegedly excluded them from the ongoing discussions and compensation agreement it reached with the communities that were affected in the oil spill from the Bonga oil field in 2011.

They have therefore appealed to President, Muhammadu Buhari to intervene in the matter to ensure their inclusion in all discussions with regards to payment of compensation.

The communities, have however, threatened   a legal action against Shell Nigeria Exploration and Production Company, (SNEPCO),a subsidiary of SPDC, should the oil firm continues to exclude them from the compensation agreement reached between it and the communities and over the Bonga oil Spill of 2011.

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Shell pledges to keep dividend despite slump in oil prices

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If the oil price stays low, Shell’s van Beurden may have to eat his words Photo: AFP

By Andrew Critchlow, Commodities editor: 06 Oct 2015

Royal Dutch Shell has reassured investors that it will maintain its dividends regardless of a prolonged slump in oil prices below $50 per barrel.

Chief executive Ben van Beurden, speaking at the Oil and Money conference in London, said: “Shell is pulling out all the stops to safeguard our dividends and buy-back programme, and to keep our investment programme steady for the future.”

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Discussing the costs of disaster for offshore US oil : Regulation and Environment

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Screen Shot 2015-08-28 at 08.10.57In this week’s Oilgram News column, Regulation and Environment, Gary Gentile asks if the risks associated with ultra-deepwater oil production endeavors are properly disclosed to shareholders.

By Gary Gentile | August 31, 2015

Opponents of offshore drilling in frontier environments, such as the Arctic, have opened up a new front in their effort to curtail such efforts — asking US financial regulators to require more robust disclosure of the risks involved.

A group of Democrats in the US Congress have asked the Securities and Exchange Commission to force companies to tell investors the cost of a catastrophic accident resulting from drilling in ultra-deepwaters or in the harsh and remote waters off the coast of Alaska.

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Shell pressing ahead in Chukchi after setbacks

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Screen Shot 2015-06-06 at 13.24.59Explorers 2015: Shell pressing ahead in Chukchi after setbacks

Company is mobilizing fleet after three-year hiatus, still waiting for final approval of exploration plan

Eric Lidji For Petroleum News: 7 June 2015

After a tiny step forward and many large leaps backward, Royal Dutch Shell plc is once again planning to explore its Burger prospect in the Chukchi Sea this summer.

“We have retained a very significant capability to be ready this year to go ahead,” CEO Ben van Beurden said during a January earnings call. “And we’ve kept all our capability in place, tuned it, upgraded it just to be ready to drill this coming summer season.”

By “capability,” van Beurden was referring to the fleet required for conducting drilling operations in the remote Chukchi Sea off the northwest coast of the Alaska.

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Shell and the London Science Museum

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Screen Shot 2015-04-13 at 16.04.38Museum exhibit funded by Shell raises questions about influence. 

Oil giant Shell, one of the London Science Museum’s sponsors, attempted to influence an exhibit on climate, newly uncovered documents show. 

By Jeff NesbitJune 1, 2015

If you’d like to see how oil giant Royal Dutch Shell (one of the largest multi-national corporations in the world’s history) uses its corporate philanthropy to subtly change the core direction of potentially adversarial content at a renowned science museum educating millions, here’s your chance. 

How Shell came to sponsor the London Science Museum’s “Atmosphere” program that, according to its director, emphasizes as much about what we don’t know about climate science as what we do know, is a story pulled straight from the well-established corporate public relations playbook. 

read more one of the most valuable domain names in the world?

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Aramco Shell .com

By John Donovan

I own and operate many Shell related domain names including, for example, and, both of which Shell International unsuccessfully attempted to seize 10 years ago in proceedings via The World Intellectual Property Organisation.

Depending on reaction to this article, I may put one of my domain names – up for sale, probably by auction.

It is potentially one of the most valuable domain names in the world.

Here is my logic for such an assertion: 

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10th Anniversary of Domain Name Win Over Shell

10th Anniversary of Spectacular Domain Name Win Over Shell

By John Donovan

Ten years ago, in May 2005, Shell International Petroleum Company Limited served proceedings in New York against my late father Alfred Donovan, via The World Intellectual Property Organisation (WIPO) in an attempt to seize the top level (.com) domain name for its newly merged company, Royal Dutch Shell Plc.

The new company had arisen from the ashes of the hydrocarbon reserves scandal, which in January 2004, had engulfed The Shell Transport and Trading Company and Royal Dutch Petroleum Company.

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Shell Denies Abandoning New Bonga Project

Screen Shot 2015-01-12 at 08.45.23From an article published 16 February 2015 by The Tide under the headline:

Shell Denies Abandoning New Bonga Project


The Shell Nigeria Exploration and Production Company Limited (SNEPCo) has denied recent reports that it has stopped the development of the strategic Bonga South West/Aparo (BSWA) project due to the slump in international oil price.

In a statement signed by Shell’s Corporate Media Relations Manager, Precious Okolobo, and made available to The Tide, SNEPCo restated its commitment to the implementation of the BSWA project, designed to boost oil and gas production to increase national revenue generation capacity.

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Observer Newspaper: World’s biggest ship, the Pieter Schelte, sparks Nazi outrage on arrival in Rotterdam

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World’s biggest ship, the Pieter Schelte, sparks Nazi outrage on arrival in Rotterdam


Leaders of Jewish communities and Holocaust memorial groups in Britain and the Netherlands have reacted with rage and despair at the arrival in Rotterdam of the world’s biggest ship, the Pieter Schelte, named after a Dutch officer in the Waffen-SS.

The vice-president of the Board of Deputies of British Jews, Jonathan Arkush, said: “Naming such a ship after an SS officer who was convicted of war crimes is an insult to the millions who suffered and died at the hands of the Nazis. We urge the ship’s owners to reconsider and rename the ship after someone more appropriate.”

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Jewish Groups Outraged At Launching Of World’s Largest Crane Ship Named After SS Officer

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Article by Tibi Singer published Saturday 24 Jan 2015

The Swiss-based Allseas Group’s new ship, Pieter Schelte, is 1,146 feet long and 372 feet wide. Built by Daewoo Heavy Industries in South Korea, at a reported cost of $2.85 billion, it is capable of lifting loads of 48,000 tons. It is the world’s largest offshore pipelay and platform installation vessel, equipped with a Sonardyne Ranger 2 USBL acoustic positioning system. It’s also named after a Nazi.

Allseas is owned by Edward Heerema, a Dutchman, who is the son of Pieter Schelte Heerema, an officer in the Waffen-SS. And Edward insisted on naming his prized ship after his dad.

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TV, Radio, Newspaper and Magazine Coverage, relating to the Website

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First, a 30-minute video compilation from the 1980’s: “Shell Promotional Games: Introduced by John Donovan” (Video clips from Michael Aspel show, The Money Programme on BBC TV, Channel 4 News, and various TV commercials. Features many celebrities)

Links to a selection of published independent verifiable information relating to this website or its founders. Includes a TV documentary feature, newspaper and magazine articles, radio interview transcripts, newsletters etc, all also relating to Shell. All in date order. Includes a Newsletter from The One World Trust, an NGO with Special Consultative Status to the UN and a close relationship with the UK Parliament. Some links are to pdf files that may take a little time to download. 

WALL STREET JOURNAL ARTICLE: Shell Wages Legal Fight Over Web Domain Name: 2 June 2005


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