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Posts under ‘Shell’

Scandal hit bosses of HSBC and Shell are both ordained priests!

By John Donovan I wonder if Paddy was thinking of Shell when he published this on this Facebook page? The grotesquely high “compensation packages” of the Directors of the likes of HSBC as well as being morally repugnant are also bad for business. The rewards for making it to the top are so obscene that […]

Oil companies Arctic projects in deep freeze

Information and graphic sourced from an FT article by Richard Milne in Oslo, Christopher Adams in London and Ed Crooks in New York, published 6 February 2015. The first of two drilling rigs contracted by Shell will soon leave Singapore and once sea ice has sufficiently receded, will embark on a summer drilling project in U.S. […]

Unconfirmed reports that Allseas is abandoning Nazi ship name: The Pieter Schelte

In the last few minutes Dutch investigative journalist Ton Biesemaat has advised me that he has heard from two sources that Allseas is dropping the Nazi name of its giant new ship, which has generated so much offence on an international basis. We await confirmation from Allseas or Shell as to whether this information is correct.  […]

Nazi named ship a bloodstain on the name of Shell

UPDATE 6 Feb 2015 According to a Dutch magazine article published today, Shell had a long connection with Pieter Schelte Heerema, who, on May 17, 1942, was promoted by Heinrich Himmler no less, to SS- Untersturmführeris. Shell is currently scheduled to be the largest user of the Nazi named ship. Consequently, Shell has the clout […]

SEC continuing to scrutinise Shell’s claimed oil reserves

By John Donovan A letter emailed to Royal Dutch Shell Plc Chief Executive Officer, Ben van Beurden, on 23 Oct 2014, from the U.S. Securities & Exchange Commission, asked why Shell had omitted to supply in a Form 20-F filing, figures for Shell’s share of Kashagan proved undeveloped reserves. Shell’s partners in the much troubled Kashagan oil […]

GET THE WORLD’S BIGGEST SHIP, NAMED AFTER A NAZI SS OFFICER, OUT OF OUR WATERS

An article by Steve Turner published on the EqualTimes.org website 4 Feb 2015 under the headline: “We survivors do not want our past to be our children’s future,” said Roman Kent last week. He spoke at the site of the Auschwitz death camp, seventy years on from the liberation of those imprisoned in this hell. […]

Allseas Group’s Nazi-honouring vessel ‘must be banned’

“For Allseas to name its vessel after a convicted Nazi war criminal is utterly shameful…: ”To even countenance honouring a Waffen-SS officer just shows how twisted, arrogant and out-of-touch Allseas management is. The Pieter Schelte should not be permitted to operate until it changes its name.” Article published by Scoop.co.nz (New Zealand) Wednesday, 4 February 2015, […]

UK Unions intent on sinking Shell’s Nazi ship, The Pieter Schelte

By John Donovan Scottish TV news is reporting that the UK National Union of Rail, Maritime and Transport Workers, and its sister unions, are outraged by the fact that Shell has awarded the Brent oilfield decommissioning contract to a ship with a Nazi name, The Pieter Schelte. The unions intend to take coordinated action to […]

Arctic Standards Won’t Be Ready For Shell’s Return

From an article by Liz Ruskin, Alaska Public Media: February 2, 2015 “Arctic Standards Won’t Be Ready For Shell’s Return” After Shell’s troubled 2012 drilling season in the far north, the Interior Department began working on Arctic-specific standards for offshore drilling. But those new standards aren’t done yet. Interior Secretary Sally Jewell says they won’t […]

SPECULATION: Announcement of a Shell BP merger later today?

By John Donovan On 29 Jan I published the comments from a former Shell employee who advised, based on Shell insider information, that Ben van Beurden and Marvin Odum would be ringing the bell at the New York Stock Exchange to day, celebrating the launch of SHLX (Shell Midstream Partners LP) on the NYSE. That seemed […]

KIERON McFADYEN: Bad boy made good

By John Donovan A number of people have contacted me about an article by Andrew Kellock published by the Aberdeen Press & Journal a few days ago under the headline: Oil boss buys luxury mansion for bargain £1.85million (£1.65m LESS than the asking price!) The “oil boss” is Kieron McFadyen, Royal Dutch Shell Plc executive vice-president of […]

Arctic Oil On Life Support

From an OilPrice.com article by Nick Cunningham published 1 Feb 2015 under the headline: “Arctic Oil On LifeSupport” Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost […]

Shell’s Draugen field at risk of being scrapped

Bloomberg article by Dinesh Nair and Jillian Ward published 2 Feb 2015 under the headline: “North Sea Oil Turns Buyer’s Market as Apache, BG Group Want Out” (Bloomberg) — Want to buy an oil well in U.K.’s North Sea? There are plenty available as some of the industry’s largest names try to sell aging, costly wells […]

BIG OIL: Who will blink first to set the M&A scramble in motion

With more than $110 billion of oil and gas assets on the block as companies big and small count the cost of the collapse in oil prices, it is now a question of who will blink first to set the M&A scramble in motion. Article published by Reuters 30 Jan 2015 under the headline: Buyers […]

BP Shell merger on the horizon

Potentially, a prolonged period of low oil prices might finally see BP and Shell, like two drunken sailors, holding each other up through the merger that has so long been on the horizon. AN ARTICLE BY ALEX BRUMMER FOR THE DAILY MAIL PUBLISHED 30 Jan 2015  “ALEX BRUMMER: Big oil players confront the slump by slashing capital […]

Shell resumes Arctic drilling but cuts $15bn from global investment

Royal Dutch Shell is reviving plans to drill for oil in Arctic in a move likely to intensify its battle with environmentalists. The Anglo-Dutch giant’s chief executive Ben van Beurden accepted that Arctic drilling “divides society”, but said the world needs new sources of oil. Greenpeace said Shell was taking a “massive risk” in a […]

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