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Posts under ‘Shell’

Donovan Verdict on Shell/Noble Arctic Crimes

By John Donovan People who are as familiar with Shell as I am, will know that Noble Drilling has stepped forward on commercial grounds to take the blame for the reckless screw-up that was actually directed by Shell, partly to evade tax. This was why Lawrence of Alaska (David Lawrence, the Shell VP supposedly responsible […]

Greenpeace Verdict On Shell/Noble Arctic Crimes

Greenpeace Arctic campaigner, Ian Duff, has issued the following statement: “Shell has proven time and again it can’t be trusted to manage its contractors safely. That Shell engaged Noble Drilling, a company now guilty of eight felonies, is the clearest indicator yet. Letting Shell back into such a precious and risky environment as the Arctic […]

U.S. Justice Department Chilling Verdict on Shell Arctic Drilling Company

Department of Justice Office of Public Affairs Monday, December 8, 2014 Drilling Company Charged with Environmental and Maritime Crimes in Alaska Noble Drilling (U.S.) LLC was charged with environmental and maritime crimes for operating the drill ship Noble Discoverer and the drilling unit Kulluk in violation of federal law in Alaska in 2012, the Department […]

Shell contractor faces $12.2M in environmental crime fines

The drilling operator of Shell’s ill-fated drill rig that ran aground south of Kodiak Island will plead guilty to eight felony offenses and has agreed to pay $12.2 million in fines and community service payments stemming from environmental and safety violations aboard its vessels, the U.S. Department of Justice said Monday. Alaska Dispatch News article […]

Royal Dutch Shell BP Plc

What’s next for Royal Dutch Shell? Is a multi-billion merger with BP just around the corner? Article by Alessandro Pasetti published by The Motley Fool 8 Dec 2014 What’s next for Royal Dutch Shell? Is a multi-billion merger with BP just around the corner? Takeover rumours in the oil industry often emerge when oil prices weaken, […]

Shell’s Return to Iran?

Iranian officials have said that Royal Dutch Shell, British Petroleum, France’s Total and Russia’s Lukoil had expressed interest in investing in Iran when the sanctions imposed on Tehran over its nuclear program are eased. MOSCOW, December 8 (Sputnik) — Iran will offer foreign investors new oil contracts amounting to $40 billion at an international conference […]

What’s New: Shell Blames Thieves for Recent Oil Spills in Nigeria

In November, Amnesty International released court documents that it said showed Shell knew its pipeline at Bodo was shoddy. Shell denies the claim. Article by Chris Stein published by The Voice of America: 08 December 2014 ACCRA, GHANA—A recent oil spill in Nigeria sent about 3,800 barrels gushing out of a pipeline and into the […]

False Advertising Class Action Against Shell Oil

The United States District Court for the District of Oregon recently denied a motion to dismiss a putative nationwide class action brought against Shell Oil for alleged breach of contract, false advertising and an array of state consumer protection allegations. Article by David O. Klein of Klein Moynihan Turco LLP  published by mondaq: 8 December 2014 False […]

Shell, Eni, and the $533 million paid out in Nigerian bribes

In October 2014 the media reported that Italian prosecutors were alleging that half of the $1.1 billion paid for an oil producing lease (OPL) by Eni and Royal Dutch Shell had gone on bribes to Nigerian politicians, intermediaries and others. Extracts from an article by Babajide Oladipo Ogundipe: 8 December 2014 In October 2014 the […]

Oil from old Shell tanks polluting environment

Some of the tanks at Shell’s Fredericia location are nearly a century old (Photo: Wikipedia) From the Copenhagen Post, an article by Ray Weaver: 8 Dec 2014 Decade-old oil spills from tanks at the Shell Oil facility in Fredericia are still polluting the environment. According to a report on the DR current affairs TV program […]

Oil price slump could trigger a wave of takeovers and mergers of desperation

The author of The Sunday Times article, Danny Fortson, goes on to point out that the oil price slump could lead to a wave of big takeovers, failures and “mergers of desperation,” with BP a potential takeover target… By John Donovan Coverage of the problems facing BP are spread over a number of pages of […]