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Posts under ‘United States’

Crude Priced At $75

Bidness Etc discusses the various crude prices experts feel will allow the US companies to break even and highlights the impact of lower oil price on US oil companies next year Extracts from a Bidness Etc article Published: November 21, 2014 at 10:47 am EST By: Micheal Kaufman The hydraulic fracturing techniques used by the […]

Oil price slump: fire sale of Shell assets gathers pace

*Royal Dutch Shell Plc has sold a $600 million stake in a Nigerian oil lease as part of its plan to sell off $15bn worth of assets around the world. The fire sale no doubt has added momentum in view of the collapse in the price of oil. Shell has already disposed of under-performing assets […]

Sad faces at Shell?

Last month, the suits over at Shell put on their sad faces and went to the White House to ask for more time to burn through another billion or two. I tell ya, these guys are gluttons for punishment. After eight years and more than $6 billion, Shell has come up completely empty on its […]

Drilling in Alaskan Arctic relatively easy said Shell VP before being fired

By John Donovan According to a recent article published by Bloomberg – Shell Seeks to Drill in Arctic in 2015, Defying Green Activists – Shell CFO Simon Henry, calling on all his vast experience as an accountant, voiced the opinion that it is not difficult to drill in the Arctic. His assessment is surprisingly similar […]

US District Judge Adamant On Earlier Ruling Over BP’s Mexican Oil Spill

    US district judge Carl Barbier has refused to change his ruling over BP‘s Gulf of Mexico oil spill, claiming that BP got what it deserved Published: November 15, 2014 at 8:43 am EST By: Micheal Kaufman FULL ARTICLE RELATED ARTICLES – WHAT HAPPENED TO BP IN THE US COURTS COULD HAPPEN TO SHELL […]

California Joins Natural Gas Lawsuit Against BP

California joins BP‘s former employee over a lawsuit accusing the oil giant of supplying overpriced natural gas to the state and violating the natural gas contract between the state and BP Published: November 14, 2014 at 8:52 am EST By: Micheal Kaufman BP plc (ADR) (NYSE:BP) along with its trading partners was accused of charging […]

Shell also had a bad day in the US courts

By John Donovan Today’s headlines about Shell’s PR debacle arising from a case in UK courts about Shell’s lying, cheating, and related environmental crimes in Nigeria, have an echo in Shell’s failed machinations in the USA courts. Shell lawsuit against environmental groups ruled unconstitutional: LA Times On Wednesday, a federal appeals court called Shell’s legal strategy […]

Shell Defamation Suit

In 2007, the Department of Justice confronted Shell about its work in Nigeria, and at the time, investigators suspected that there may have been bribery of foreign officials that would allow Shell to get better access to various goods and services. From a JD Supra Press Release The Texas Supreme Court recently agreed to hear […]

Sunday Times Article: Shell Prelude a potential white elephant

By John Donovan According to an article by Dominic O’Connell published in a whole page article in The Sunday Times on 9 November 2014, Prelude is in danger of becoming a white elephant. (See page 5 of the Business Section) The article correctly describes Prelude as the brainchild of Royal Dutch Shell (unless it turns […]

Declining coal production in the U.S.

From a Regular Contributor The following link is about the approaching end of cheap and easy coal from the surface mines in the Western part of the US, specifically Wyoming. These reserves are approaching depletion. That is good for the planet but not necessarily good for electricity consumers in the US, China, and Europe. The […]

Shell hypocrisy on climate issues

“I didn’t know Shell was sponsoring this conference when I agreed to do it, but I’m glad for the chance to say in public that Shell is among the most irresponsible companies on earth. When they write the history of our time, the fact that Shell executives watched the Arctic melt and then led the […]