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Posts under ‘Shell Project Overruns’

Shell’s own goals in the Arctic: Over to you, Ann

US authorities say a desire to avoid taxes lead Shell to move an oil rig in rough seas in 2012, which lead to its grounding. Extract from an article published in The Sydney Morning Herald, 3 November 2014 When Ann Pickard says how sorry she is to be leaving the Westpac board after its shareholder […]

OSSL Blackmail Plot Against Shell?

By John Donovan Since 22 October 2014 I have been updating an article posing the question: “Shell being blackmailed?” Top people at Royal Dutch Shell  have all spoken directly to a director of a former Shell “Mr Fixit” company in Ireland, OSSL, which has bombarded Shell with money demands to settle a dispute that Shell […]

Oil Price Slump

By John Donovan I have already highlighted the recent wishful prediction by Shell CEO Ben van Beurden that oil will return to “very robust” pricing in the long-term. We have all witnessed the subsequent slump in oil prices. Some extracts from a current Bloomberg article: The global crash in crude prices is reverberating through the oil […]

Shell Corrib Gas Project Ireland: The Good News and the Bad News

By Nick Gill The Irish Independent has published an article providing an update on the delayed progress of the Shell led Corrib Gas Project in Ireland, which has been surrounded by controversy, including alleged corruption and persistent environmental protests from the outset.  Basically, the good news is that the volume of gas at peak production […]

Shell shareholders can only wish that they had never heard of Alaska

By John Donovan Christopher Helman of Forbes has neatly summarised the misadventures of Royal Dutch Shell in Alaska… “Consider for a second the $5 billion misadventure that Royal Dutch Shell has had in Alaska. Here’s a quick recap: In 2008 Shell acquired the rights to exploration blocks in the Beaufort Sea north of the North […]

The truth about OSSL allegations

 By John Donovan OSSL, the former Mr Fixit company for Shell EP Ireland, distributed sweeteners (bribes) on behalf of Shell to various parties to ease the tortuously slow progress of the controversial Corrib Gas Project. The lucky recipients included a senior Irish Police Officer, Detective Chief Superintendent John Gilligan ([email protected]) OSSL has now supplied me with […]

Royal Dutch Shell Files Arctic Drilling Plans

A Shell spokesperson claims that the company’s latest Arctic exploration plan takes into account lessons learned from the 2012 operation (which turned into a dangerous farce after Shell engaged in reckless machinations in an effort to evade tax). By John Donovan Royal Dutch Shell has filed a plan with US federal regulators that could result […]

Big Oil Could Be In Big Trouble

By John Donovan A number of current articles warn of falling oil prices. A zacks.com article says that oil prices have fallen below $100 to the lowest level this year and that natural gas has fared even worse. Nas.daq.com reports that the price of oil has plummeted, and that the fall is accelerating. It also points […]

OSSL whistleblower allegations against Shell and the Irish Police

By John Donovan The OSSL email campaign against Royal Dutch Shell and various parties including the Garda, who accepted ‘sweeteners’ from Shell dispensed by OSSL, continues unabated, 7 days a week. OSSL acted as a “Mr Fixit” on behalf of Shell in relation to the controversial long delayed and miles over budget Corrib Gas Project […]

Shell whistleblower OSSL challenges Irish police officers to take lie-detector test

By John Donovan OSSL, the company that admits supplying free alcohol to Irish police on behalf of Shell EP Ireland is challenging senior Irish police officers, who apparently deny receiving the goods said to be worth tens of thousands of Euros, to take lie detector tests.  The challenge is contained in an email sent earlier […]

Are Asset Sales the Answer for Royal Dutch Shell plc?

Extracts from a Motley Fool article by Arjun Sreekumar published 23 June 2014 On Monday, Shell announced the sale of a 19% stake in Woodside Petroleum, a deal that is expected to raise $5 billion. On Wednesday, the company announced that it had filed a registration statement with the U.S. Securities and Exchange Commission related […]