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Posts under ‘Shell’

Arctic Drilling: a spectacular failure of good judgment by Shell

Kim Elton accuses Shell’s management of “a spectacular failure of good judgment” and points out that “Company managers ordered the Kulluk towed south through the winter-storm-lashed Gulf of Alaska before the 2013 new year — partly to avoid Alaska taxes.” By John Donovan Kim Elton, a former senior adviser to the U.S. Department of the […]

EU investigates price fixing in energy markets

The latest development follows the Libor rigging scandal and the raids carried out in May 2014 on the oil majors BP, Shell and Statoil, seeking evidence of manipulation of oil prices. By John Donovan On Tuesday, investigators for the EU Commission raided several companies producing and trading in biofuels. According to the commission, the surprise inspections […]

Shell CEO dubious prediction on oil prices

Today we have another forecast from a Chief Executive of Royal Dutch Shell Plc, no doubt based on an assessment by the crystal ball gazers at Shell, the famed Scenarios team. Is it a case of wishful thinking on the part of Shell? Can we have faith in the prediction made by the current CEO? By […]

Lego surrender in Greenpeace anti-Shell Arctic drilling campaign 

By John Donovan The Greenpeace campaign demanding that Lego should end its 50 year partnership with Shell has resulted in a surrender by Lego. According to a Guardian article published today, the toymaker will not renew the current multimillion pounds deal for Shell branded Lego to be sold at Shell petrol stations in 26 countries.  […]

Shell running out of steam

By John Donovan Styrene prices have shot up following a steam leak at Shell’s steam crackers at Moerdijk in the Netherlands.  Shell has declared force majeure on ethylene and propylene at the unit.  A Shell spokesman admitted that the steam leak resulted in flaring activity.  News of the incident was posted on our Shell Blog early on 7 […]

Shell, Eni and Nigerian Corruption

Malabu Oil Deal: prosecutors say that a senior official of Shell had a face-to-face meeting with Etete over expensive “lunch and lots of iced champagne”: Italian prosecutors said some of the $533 million slush money was used to buy private jets… By John Donovan The litigation involving former Nigerian oil minister, Dan Etete, who has […]

Shell backs out of Russian oil projects

In April 2014, following the Russian Annexation of Crimea, Shell COE, Ben van Beurden, was still bowing to Putin and full of ambition for Russian oil and gas projects.  By John Donovan In April 2014, Royal Dutch Shell Chief Executive Ben Van Beurden claimed that the company had no plans to change its work with its […]

Shell Ideas360 Global Search for Game Changing Ideas

The question arises of whether Ideas360 is a devious predatory operation by Shell, trawling for brain waves from bright but naive students unlikely to have the funds or wherewithal to sue if ideas are misappropriated. By John Donovan The Shell Ideas360 contest has been launched in Qatar, directed at university students.  This is first time […]

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 […]

Royal Dutch Shell News Monday 29 Sept 2014

By John Donovan A selection of current news articles about Royal Dutch Shell from around the globe: Oil price fixing According to a Bloomberg article published by energyvoice.com, the UK is considering whether to criminalize manipulation of the world’s most-traded crude-futures market. Extract The UK is toughening the rules after the rigging of Libor and […]

Shell evacuates workers from Brent Alpha and Bravo

By John Donovan  After all the Royal Dutch Shell senior management promises to improve safety on Shell North Sea platforms, serious incidents continue to occur.  EnergyVoice.com is reporting that Shell workers have today been evacuated from the Brent Alpha and Bravo platforms after a crane dropped a large container into the North Sea.  Extracts The […]