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Posts under ‘Shell’

Tesco overstatement debacle reminiscent of Royal Dutch Shell reserves scandal

By John Donovan Tesco admits a £250m mistake in half-year profit calculations Tesco share value has plummeted after the supermarket giant announced this morning that it had overstated its half-year profit guidance by £250m. Four senior Tesco executives, including a managing director, have been suspended. In view of what happened to Shell when it overstated its hydrocarbon […]

VICTIMIZATION OF EMPLOYEES RAMPANT AT SHELL-MOTIVA NORCO SITE

The article printed below was supplied to the Company Secretary & General Counsel Corporate of Royal Dutch Shell Plc., Mr Michiel Brandjes, on Monday 15 Sept 2014. I asked Mr Brandjes to also bring the article to the attention of Royal Dutch Shell CEO Ben van Beurden and the Shell-Motiva Security Supervisor named in the […]

Shale Fracking is a ‘Ponzi Scheme’

“Shale Fracking is a “Ponzi Scheme” … “This Decade’s Version of the Dotcom Bubble” By John Donovan A regular contributor has very kindly drawn my attention to an article published by GlobalResearch under the headline: “Shale Fracking is a “Ponzi Scheme” … “This Decade’s Version of the Dotcom Bubble” In making the case to support […]

ROYAL DUTCH SHELL PLC NEWS FRIDAY 19 SEPT 2014

By John Donovan Shell’s Arctic Drilling Plans  fuelfix.com has published an article about Shell’s latest plans for exploratory oil drilling in the Chukchi Sea, north of Alaska. The detailed article contains links to a document Shell has filed with the U.S. Bureau of Ocean Energy Management, a related federal court document and an exploration plan.  A lawyer […]

SHELL MOTIVA NORCO: PENDING ARTICLE ABOUT VICTIMISATION IN A HOSTILE, SINISTER WORK ENVIRONMENT

By John Donovan We plan to publish an article on Saturday relating to the Shell-Motiva Norco site.  It contains serious allegations from a highly credible source about a hostile working environment, employee victimisation and related sinister activity. The draft article was supplied to Shell on Monday so that Shell-Motiva and a senior named employee have […]

Shell-Motiva to pay $4.5 million after violations of federal labor law

Shell-Motiva is to pay $4.5 million to over 2,500 former and current employees arising from violations of the U.S. Fair Labor Standards Act. By John Donovan Shell-Motiva is to pay $4.5 million to over 2,500 former and current employees arising from violations of the U.S. Fair Labor Standards Act. The U.S. Labor Department said that […]

Royal Dutch Shell Fire Sale Continues

According to a Financial Times article, “Royal Dutch Shell has revived plans to dispose of its European liquefied petroleum gas business four years after a second failed attempt to sell the assets.”  Shell has already disposed of under-performing assets around the globe, including Australia,  the USA and in the North Sea. The latest move is part of […]

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 […]

Potential serious impact on Shell from new Sanctions on Russia

American and European explorers such as Exxon and Royal Dutch Shell Plc , which is drilling in Siberian shale rock formations, will have to act fast to avoid violating the bans. “Those new sanctions imposed on Russia by the U.S. and Europe on Friday will, among other things, force Exxon Mobil, Royal Dutch Shell… and […]

Royal Dutch Shell News Thursday 11 Sept 2014

By John Donovan The US and EU are ready to impose new sanctions on Russia arising from events in Ukraine. See extract from a fuelfix.com article published under the headline: “Sanctions threaten Putin’s oil deals with Exxon Mobil, Shell” Other vulnerable international operators include Royal Dutch Shell, the world’s second-largest energy company by market value. Multiple investments […]

OSSL/SHELL: AN ANONYMOUS LETTER WITH A DUBLIN POSTMARK

You and your late father seem to have started out trying to hold Shell accountable for its actions. I hope you agree that accountability goes both ways, and it is fair that you should be held accountable for your own actions as well. The energy that fuels your website seems to be a deep resentment, […]