What Royal Dutch Shell Plc had to say about The Sunday Times article – “Two men and a website mount vendetta against an oil giant“ “You know the background to this one. The Donovans come across well in the story” The comment was contained in a Shell internal email sent on the day the article [...]
Posts under ‘The Times’
Shell is fined over accident at oil refinery
The Times January 5, 2010 Michael Herman Shell and two of its contractors were fined a combined £283,000 by the Health and Safety Executive (HSE) yesterday over an accident at an oil refinery that left a worker paralysed from the waist down. The HSE said the accident at the Stanlow Manufacturing Complex at Ellesmere Port, [...]
Sunday Times share tips for 2010, picks Royal Dutch Shell
Peter Voser, the chief executive who took over in July, has launched a huge restructuring, which includes substantial staff cuts. The companys shares have a 5.8% dividend yield that provides a good support for the price.
John Donovan Russian intervention cost billions – no denial by Shell
Documents released by Royal Dutch Shell Plc under the Data Protection Act to John Donovan, a prominent critic of the world’s largest oil company, show that Shell does not deny that his intervention in the Sakhalin2 project in Russia cost Shell billions – according to the Sunday Times – $22 billion. Shell internal correspondence from [...]
Chinese in £3bn battle to buy Shell assets in Nigeria
Two Chinese government-controlled companies are among front-runners in a £3 billion battle for control of oil assets in Nigeria that have been put up for sale by Royal Dutch Shell.
Shell plans £3bn sale in Nigeria
The Sunday Times December 20, 2009 Royal Dutch Shell, the oil giant, has launched a shake-up of its controversial operations in Nigeria by offering oilfields valued at up to $5 billion (£3.1 billion) for sale. The auction comes as Nigeria prepares to impose harsher terms on foreign operators next month and hand greater control to [...]
British groups vie for Iraq oil and gas contracts
Three British companies BP, Cairn Energy and BG Group are among the bidders, alongside companies such as Royal Dutch Shell, Total and Gazprom. Competition is expected to be fierce and the groups were reluctant to reveal which fields they wanted.
Donovan Shell Feud
The Times December 3, 2009 Martin Waller: City Diary Websites and blogs devoted to attacking specific companies have been around for some time remember NTHell? but now, it seems, the targets are fighting back. John Donovan, who runs a critical website of a well-known oil company, says the site is being targeted by [...]
Shell seeks stake in giant Russian gasfield
Royal Dutch Shell is hopeful that it will gain an equity stake in a giant Russian gas field that could supply all of the worlds needs for a decade. Peter Voser, Shells chief executive, said that talks with the Russian government about the Yamal project in the Siberian Arctic were progressing well.
Protests over pay at blue-chip companies such as Royal Dutch Shell and BP
Lord Myners, the City Minister, and other politicians have urged shareholders to engage with errant companies more actively, prompting a rash of protests over pay at blue-chip companies such as Royal Dutch Shell, BP and Royal Bank of Scotland.
Veterans to boycott Shell after ban on forecourt poppy sales
The Sunday Times November 8, 2009 SHELL MINDLESS AND MISGUIDED Marc Horne SHELL, the oil giant, is facing a boycott of its products by armed forces veterans after it banned poppy appeal collections at its petrol stations. Veterans will this week discuss organising an embargo in protest at the Anglo-Dutch companys refusal to allow poppies [...]
The FSA’s largest fines No1: £17 million Shell for market abuse regarding reserves
The Financial Services Authority (FSA) has fined UBS £8 million for weak controls that allowed staff in its private bank to make thousands of unauthorised trades with clients money and then hide the losses. It is the third-largest fine awarded by the FSA.
Copenhagen talks could leave oil industry with a sinking feeling
Vast amounts of oil lie in the bitumen-rich sands of Northern Canada, but whether oil companies choose to spend billions extracting them will hinge on decisions made 6,000 miles away in Denmark next month.
Saudi Aramco seeks solution to crude problem
Most of the worlds refineries were designed to take lighter, sweeter crudes, which are now in short supply. According to BP, as much as two thirds of the worlds crude oil supply is now sour. New refineries with expensive desulpherisation units and hydrocrackers are chasing the sour discount, hoping to make more profit margin buying cheaper, heavier crude oil. A refinery such as Shells Stanlow plant in Cheshire is designed to process expensive North Sea crude; it is no wonder that Shell wants to sell its last British fuel plant.
Shale gas blasts open world energy market
The reason is shale gas a new and abundant source of natural gas, trapped in rock formations. Oil companies have known about it for decades but always dismissed it because it was too expensive and difficult to extract. In the past few years new technologies that pump water underground to fracture the rock and free the gas have been perfected. The breakthrough has opened a new frontier for the energy industry and turned long-held assumptions about the worlds dwindling supplies on their head. Suddenly, America is awash with gas. Tony Hayward, chief executive of BP, said it had created a a revolution in the gas fields of North America.


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