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Oil market spiral threatens to prick global debt bubble, warns BIS

By Ambrose Evans-Pritchard: 6:33PM GMT 05 Feb 2016 The global oil industry is caught in a self-feeding downward spiral as falling prices cause producers to boost output even further in a scramble to service $3 trillion of dollar debt, the world’s top watchdog has warned. The Bank for International Settlements fears that a perverse dynamic is […]

Oilmageddon

Katy Barnato: 5 FEB 2016 The global economy seems trapped in a “death spiral” that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi strategists have warned. Some analysts — including those at Citi — have turned bearish on the world economy this year, following an equity rout […]

Why Royal Dutch Shell Plc Shares Could Easily Topple Another 15%!

By Royston Wild | Fool.co.uk: Friday 29 JAN 2016 Shares in fossil fuel giant Shell (LSE: RDSB) have enjoyed a solid bump higher in recent days following a meaty bounce in the oil price. Crude values have shot skywards following chatter that an accord could be struck between OPEC and Russia to curtail production. The […]

Corrib Gas: Was it worth it? Yes.

Corrib Gas: Was it worth it? Yes. Brendan Cafferty: 27 JAN 2016 As the gas starts to flow a member of the pro gas lobby reflects on the controversy Who is to blame for the delay? The gas was due ashore in 2002 at a cost of €800 million. It finally arrives at the start […]

Russians’ Anxiety Swells as Oil Prices Collapse

By NEIL MacFARQUHAR: A version of this article appears in print on January 23, 2016, on page A1 of the New York edition The global collapse in oil prices is reordering economic relations around the world, but the change is particularly daunting for Russia, which relies on energy exports for 50 percent of its federal budget. […]

Stock Prices Sink in a Rising Ocean of Oil

It could get worse. The nuclear deal with Iran should allow the country to start exporting far more oil, once sanctions are lifted, potentially in a matter of days. Iran could add as much as 500,000 barrels a day to the global markets. Tentative progress in negotiations between warring factions in Libya, battling for control of oil […]

Oil Prices Slide Again, and the Bottom Is Not Yet in Sight

By JAD MOUAWAD: A version of this article appears in print on January 12, 2016, on page B1 of the New York edition The continuing collapse in commodity prices pushed oil futures still lower Monday, and analysts predicted that the slide was far from over. Oil prices fell to their lowest level in 12 years, […]

Major shareholder sheds BG stake as merger vote looms

The fund management company cut its holding from 2.2 percent to 0.9 percent and continued offloading shares even after Shell published the deal prospectus, in which the Anglo-Dutch oil major revealed further capex and opex cuts that would boost the merger’s appeal. Although the mega-merger was announced at a time when oil was pushing multi-year lows, […]

Oil Prices Could Collapse To $20

By Tyler Durden Extracts from extracts… Could oil prices collapse to $20?  The short answer is ‘yes.’ We believe that crude oil prices could fall further unless global oil production is reduced. As shown in Table 2, we estimate that the global oil market could be oversupplied by roughly 920,000 bpd in 2016. The key […]

Royal Dutch Shell makes deeper cuts

By Daniel J. Graeber: Dec. 23, 2015 THE HAGUE, Netherlands, Dec. 23 (UPI) — With the company expecting improved efficiency after merging with BG Group, Royal Dutch Shell said it plans to cut spending for next year more than expected. Shell published a prospectus and circular related to its $7 billion tie-up with BG Group, […]

Shell, Gazprom’s Russian LNG Venture Readying Export Boost Plans

By Stephen Stapczynski and Ichiro Suzuki: Bloomberg.com: Dec 18, 2015 Sakhalin Energy Investment Co., the only liquefied natural gas exporter in Russia, has agreed to begin design work on an expansion, the joint venture said Friday. The partners — Gazprom PJSC, Royal Dutch Shell Plc, Mitsui & Co. and Mitsubishi Corp. — will add a third production unit at […]

How Much Further Do BP plc And Royal Dutch Shell Plc Have To Fall?

By Royston Wild – Thursday, 26 November, 2015 To say that 2015 has represented another ‘annus horribilis’ for the oil industry would be something of a colossal understatement. Of course the year has yet to run its course, and the fossil fuel sector will be pinning their hopes on a ‘Santa Rally’ to put down […]

Royal Dutch Shell, Exxon Mobil and Glencore: Energy companies risk wasting trillions on uneconomic projects

By Jessica Morris: 25 November 2015 Energy companies risk wasting $2.2 trillion (£1.46 trillion) on uneconomic projects over the next 10 years, according to a new report. Think tank the Carbon Tracker Initiative’s (CTI) report how fossil fuel firms risk destroying investor returns says energy companies’ focus on fossil fuels at the expense of emerging clean technologies […]

An Oil-Soaked Globe as Production Keeps Climbing and Demand Falls

A version of this article appears in print on November 14, 2015, on page B1 of the New York edition HOUSTON — Such is the state of the oil industry these days that there is sometimes nowhere to put the oil. Off the coast of Texas, a line of roughly 40 tankers has formed, waiting […]

Shell seeks permission for Russian JV

Shell has asked regulators for permission to work with Gazprom Neft on a joint venture, Khanty-Mansi Oil and Gas Union, despite the continuing EU and United States sanctions against Russia. ACCESS TO FULL ARTICLE SUBJECT TO SUBSCRIPTION

Saudi Arabia’s Oil War With Russia

By Leonid Bershidsky: Oct 16, 2015 As President Vladimir Putin tries to restore Russia as a major player in the Middle East, Saudi Arabia is starting to attack on Russia’s traditional stomping ground by supplying lower-priced crude oil to Poland. At a recent investment forum, Igor Sechin, chief executive of Rosneft, Russia’s biggest oil company, […]

Russia abandons hope of oil price recovery and turns to the plough

Russia has abandoned hopes for a lasting recovery in oil prices, bracing for a new era of abundant crude as US shale production transforms the global energy market. President Vladimir Putin answers questions during an interview for Russian television Ambrose Evans-Pritchard: 14 Oct 2015 The Kremlin has launched a radical shift in strategy, rationing funds […]

Merger of Royal Dutch Shell and BG Group

Published by Joshua Noonan: September 27, 2015 With the declared April 2015 merger of Royal Dutch Shell and BG Group, formerly British Gas, a combination of assets spanning continents is occurring. The completion date of the merger in early 2016 has had some roadblocks. In Kazakhstan’s Karachaganak Field project, the combined group could lead to Shell […]

Russian intelligence ship spotted near American oil vessel

The ship was part of a Shell-contracted ship that is exploring for oil in the Chukchi Sea, which is north of the Bering Strait and lies between Alaska and Russia. By Jake Tapper and Jeremy Diamond, CNN: Sept 7. 2015 Washington (CNN)A Russian intelligence vessel was spotted near a ship contracted by the American Shell […]

Move Over Exxon, Russian Drillers Are Oil World’s Top Performers

By Stephen Bierman and Rakteem Katakey: Sept 8, 2015 At a time when the collapse in crude prices pushes Russia’s economy into a recession, the nation’s oil producers are managing to beat their western counterparts. On measures including cash flow, profit margins and share prices, OAO Rosneft, Lukoil PJSC — Russia’s two largest oil producers — and OAO […]

Russia’s Gazprom, Shell start talks on Baltic LNG project – Interfax

Moscow| Mon Sep 7, 2015 Russia’s Gazprom (GAZP.MM) and Royal Dutch Shell (RDSa.L) have started commercial talks on Baltic LNG project, Interfax news agency quoted Gazprom Chief Executive Alexei Miller as saying on Monday. The Russian gas producer plans to build a liquefied natural gas plant in the Baltic Sea port of Ust-Luga with an […]

Outspoken articles about Shell

Outspoken articles about Shell 2015 HERE FIRST TEN DAYS AGO: Lorraine Mitchelmore Fired: 17 November 2015 Shell/Exxon NAM JV cuts 2000 jobs due to low oil price and liability for Dutch earthquakes: 19 Sept 2015 I WARNED WIKIPEDIA YEARS AGO THAT ALIAS EDITING WOULD RESULT IN SCANDAL: 7 Sept 2015 OSSL Whistleblower Email Sent to […]

Melting Ice Isn’t Opening Arctic to Oil Bonanza

By STEVEN LEE MYERS and CLIFFORD KRAUSS: SEPT. 7, 2015 TERIBERKA, Russia — The warming Arctic should already have transformed this impoverished fishing village on the coast of the Barents Sea. The Kremlin spent billions in the last decade in hopes of turning it into a northern hub of its global energy powerhouse, Gazprom. It was […]

Gazprom and Shell Sign Shareholders’ Agreement on the Nord Stream 2 Project

NewswireToday – /newswire/ – Moscow, Russia, 2015/09/04 The Nord Stream 2 project envisages the construction of two offshore pipelines with the aggregate annual capacity of 55 billion cubic meters of gas to be constructed from Russia to Germany through the Baltic Sea. Today at the Eastern Economic Forum in Vladivostok, Alexey Miller, Chairman of the […]

Gazprom Seals Two Big European Deals

Russia’s Gazprom has bolstered its industrial presence in the heart of Europe with two major gas deals that were announced on Friday despite ongoing tensions with Moscow over the conflict in eastern Ukraine. The first of the deals, an asset swap with German chemicals group BASF that gives Russia greater access to gas trading and […]

Mr. Obama’s Urgent Arctic Message

By THE EDITORIAL BOARD SEPT. 1, 2015 A version of this editorial appears in print on September 2, 2015, on page A24 of the New York edition A presidential trip has enormous power to focus attention on a place and an issue, and President Obama’s trip to Alaska has been minutely choreographed with visits to glaciers, […]

Obama on Climate Change: Act Now or Condemn World to a Nightmare

by HALIMAH ABDULLAH and M. ALEX JOHNSON: NEWS SEP 1 2015 In a forceful address, Obama opened the “GLACIER” conference in Anchorage, Alaska, by declaring: “We are not moving fast enough. None of the nations represented here are moving fast enough.” Just weeks ago, Obama gave final approval to Shell Oil’s drilling in the Alaskan Arctic […]

Obama’s Alaska Visit Puts Climate, Not Energy, in Forefront

By JULIE HIRSCHFELD DAVIS: AUG. 31, 2015 WASHINGTON — President Obama will travel to Alaska on Monday to call for urgent and aggressive action to tackle climate change, capitalizing on a poignant tableau of melting glaciers, crumbling permafrost and rising sea levels to illustrate the immediacy of an issue he hopes to make a central element […]

U.S. Is Seen as Laggard as Russia Asserts Itself in Warming Arctic

Sources: American Association of Petroleum Geologists, Bureau of Ocean Energy Management, IBRU at Durham University, Bordermap Consulting, KlimaCampus Integrated Climate Data Center, U.S. Geological Survey: By The New York Times By STEVEN LEE MYERSAUG. 29, 2015 ABOARD COAST GUARD CUTTER ALEX HALEY, in the Chukchi Sea — With warming seas creating new opportunities at the top […]

Opec powerless to halt oil price slide, warns former group president

Opec veteran says that current oil prices slump has exceeded the worst expectations of the group By Andrew Critchlow, Commodities editor: 24 Aug 2015 Opec is powerless to arrest the slide in oil prices unless producers outside the group such as Russia match any cuts in output, according to a former president of the group. ‘Black […]

Shell begins ‘high-risk’ drilling for Arctic oil

Robin Pagnamenta Energy Editor: August 22, 2015 Shell has begun the final stage of its $7 billion attempt to drill for oil in Alaska’s remote Chukchi Sea. Despite tumbling oil prices and opposition from Hillary Clinton and conservationists, this weekend a steel drill bit was grinding its way through rocks deep beneath the icy waves. […]

SHELL und DEUTSCHLAND (SHELL AND GERMANY)

English translation below of the text shown on the centre section of the above German road map published by Shell in Nazi Germany after Hitler came to power in January 1933. Shell boasted about its contribution to the German economy stretching back to 1924. We assume the map provided directions to the Polish border. In […]

The New Cold War: The Arctic

It could set major oil companies against each other but also superpower against superpower as they scramble to exploit the last untapped giant reserves in a part of the world where territorial boundaries remain unclear. No wonder some fear a new cold war. FULL ARTICLE WELL WORTH READING

Can Shell afford Arctic oil?

Karl Mathiesen: Wednesday 12 August 2015 This is the first time the Anglo-Dutch giant’s star-crossed Arctic programme will drill deep enough to hit oil. The company has reportedly spent $7bn (£4.5bn) on getting to this point, including replacing its prize Kulluk rig after it ran aground off Alaska in 2012. For them to gain any […]

BVB Personal Journey? Was it to a bank or a casino?

By John Donovan Royal Dutch Shell CEO Ben van Beurden claims that he has been on a personal journey in relation to authorising Shell’s latest Arctic gamble. All due credit for the courage needed to take such a huge risk. The same applies to Shell’s takeover of the BG Group and the alliance with the corrupt […]

U.S. sanctions put Gazprom-Shell alliance plans in jeopardy

MOSCOW | BY DENIS PINCHUK AND KATYA GOLUBKOVA: Mon 10 August 2015 Royal Dutch Shell’s (RDSa.L) plans to build a strategic alliance with Russia’s Gazprom (GAZP.MM) could be in jeopardy after the United States added one of Gazprom’s biggest gas fields to its list of Russian sanctions on Friday. Shell and Gazprom signed an agreement […]

U.S. Puts Russian Gas Field Off Limits as Sanctions Tighten

The U.S. declared one of Russia’s largest offshore oil and natural gas fields off limits to American tools and expertise, potentially disrupting Royal Dutch Shell Plc’s plans… Stephen Bierman, Elena Mazneva and Joe CarrollL BLOOMBERG.COM: 7 AUGUST 2015 The U.S. declared one of Russia’s largest offshore oil and natural gas fields off limits to American tools […]

Despite Western Sanctions Shell Agrees Asset Swop With Putin Regime

Shell Game: Anglo-Dutch Firm Deals Asset Swap, Shell Assets for Sakhalin III Piece By Kostis Geropoulos: 7 August 2015 Despite Western sanctions against the Russian government and businesses, Europe’s biggest oil company Anglo-Dutch Shell has agreed to swap a stake in one of its international energy assets in exchange for a piece of Gazprom’s Sakhalin […]

Russia Stakes New Claim to Expanse in the Arctic

By ANDREW E. KRAMER AUG. 4, 2015 MOSCOW — Russia formally staked a claim on Tuesday to a vast area of the Arctic Ocean, including the North Pole. If the United Nations committee that arbitrates sea boundaries accepts Russia’s claim, the waters will be subject to Moscow’s oversight on economic matters, including fishing and oil and […]

August Off To A Shaky Start For Oil Markets

By Evan Kelly: Tue, 04 August 2015 August started off on a dour note for crude oil, with prices tanking by around 5 percent on August 3. A slew of negative news from around the world weighed on prices. The Greek stock market plummeted on the first day of trading after being closed for five weeks. […]

Shell to Strengthen Russian Hand Through Gazprom Asset Swap

by Rakteem Katakey: August 3, 2015: BLOOMBERG.COM Royal Dutch Shell Plc will swap a stake in one of its international energy assets for part of Gazprom PJSC’s Sakhalin-3 project as Europe’s biggest oil company extends ties with Russia. The companies are discussing which asset would be offered to Gazprom, Shell Chief Executive Officer Ben Van Beurden […]

Dedicated to exposing Shell’s dark side

GRAPHIC KINDLY SUPPLIED BY SHELL IRISH POLICE CORRUPTION WHISTLEBLOWER, OSSL (COPS WERE GIVEN OVER €30,000 WORTH OF FREE ALCOHOL ON SHELL’S ORDERS – AS WAS RECENTLY TESTIFIED UNDER OATH BY TWO OSSL DIRECTORS IN OPEN COURT) Corporate Social Responsibility in the Digital Age: v.7 (Developments in Corporate Governance and Responsibility) By Ana Adi, Georgiana Grigore, […]

Shell’s Positioning For Better Russia And Iran Relations Is Part Of Its Global Gas Strategy

Zoltan Ban: 23 July 2015 Summary Shell has been showing long-term interest in moving more towards natural gas for a while, with natural gas production surpassing its oil production in 2013. Aside from its major acquisition of BG group, it is forming an alliance with Gazprom and is looking to be among the first in […]

Investors Are Underestimating Royal Dutch Shell Plc’s Deal To Buy BG Group plc

By Rupert Hargreaves – Monday, 20 July, 2015 Large-cap FTSE 100 blue chips like Royal Dutch Shell (LSE: RDSB) are considered to be relatively safe investments. Unfortunately, Shell has been trying to go against this belief over the past year. During the past 12 months Shell has taken on three high-risk projects, all of which could cripple the company if […]

Royal Dutch Shell plc Confirms Deal With Morgan Stanley: Shares Up 2%

By: MICHEAL KAUFMAN: Jul 11, 2015 Royal Dutch Shell plc (NYSE:RDS.A) plans to establish a strong footing in the natural gas sector. In April 2015, the company finalized its $70-billion deal with BG Group plc (OTCMKTS:BRGYY). If approved by the regulatory authorities, the merger will give Shell access to BG Group’s valuable assets in Brazil and […]

Putin to blame for MH17 shootdown, but Dutch oil interests (SHELL) will thwart any prosecution

“The Dutch have a company that everybody knows, called Royal Dutch Shell, and Russia has some projects that Shell could make lots of money from,” Koshiw says. Royal Dutch Shell is teaming up with Russian Gazprom on several projects despite Western sanction on Russia, and at the beginning of 2015 they signed a memorandum to build […]

In the Race to Control the Arctic, the U.S. Lags Behind

BY BOB REISS 7/6/15 It was just after Christmas 2012, and the Kulluk, a 250-foot-high, floating oil-drill rig, swung like a metronome in gale-force winds blowing through the Gulf of Alaska. The tug that had been towing the rig bobbed helplessly in 50-foot waves, her four diesel engines flooded with seawater as the rig’s skeleton […]

Gazprom lays bare West’s vulnerability

Royal-Dutch Shell is teaming up with Gazprom on several projects despite Western sanctions on Russia. The expanded partnerships fly in the face of European and American sanctions which ban joint ventures with Russian energy companies. 23 June 2015 Europe’s efforts to reduce dependence on the Russian energy have been dealt a new blow after reports […]

Gazprom-Shell Partnership Flies In The Face Of Sanctions

Charles Kennedy: Mon, 22 June 2015 Russian energy giant Gazprom is building up a global portfolio with a western oil major. Gazprom and Royal Dutch Shell are teaming up on several energy projects that will benefit both. The two energy companies have agreed to build an expansion of the Nord Stream Pipeline, a major natural gas […]

Are European Companies Ignoring E.U. Sanctions On Russia?

Are European Companies Ignoring E.U. Sanctions On Russia? Kenneth Rapoza: 22 June 2015 …some very powerful entities in the E.U. have had it with sanctions. For example, Gazprom, Shell, E.ON and Austria’s OMV Group signed a memorandum last Thursday… It’s been nearly a year since sectoral sanctions were slapped on Russia for its involvement in helping […]

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