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Posts Tagged ‘John Donovan’

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 […]

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 […]

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 […]

Royal Dutch Shell Prelude Project ‘A Step Too Far’

By John Donovan I have received a comment about the most recent Bill Campbell Prelude article from another expert, a former Shell executive.  I refer to Hans Bouman, the retired Groningen Gas Field Asset Manager for NAM, a joint Royal Dutch Shell/ExxonMobil operation. Mr Bouman is the expert who in 2002 warned Shell/Sakhalin Energy internally of his concerns […]

Royal Dutch Shell spent $1.32bn on R&D last year

By John Donovan Ed Crooks of the Financial Times has written a wide-ranging and informative article about oil company spending on R&D. Oil majors’ R&D into conventional and renewable energy at risk Royal Dutch Shell spent $1.32bn on R&D last year. The FT article quotes Gerald Schotman, Shell’s executive VP of R&D, as saying its […]

Royal Dutch Shell News 23 Sept 2014

By John Donovan Nigeria FROM THE DAILY MAIL Shell has overhauled its security procedures in Nigeria to prevent oil theft that is costing it hundreds of millions of pounds. The Anglo-Dutch oil giant said it had stopped paying private security contractors to monitor its pipelines and oil facilities.  Carbon Pricing Forbes.com has published an article […]

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 […]

Shell paid the Irish Police €158,746

By John Donovan We now have official confirmation that the Garda cops accused of brutality towards Corrib Gas Project protestors were working for Shell. According to an article published today by The Irish Times, Shell has paid the Garda €158,746 for policing in Ireland, mainly arising from the force’s operation guarding the controversial Corrib gas pipeline in Co Mayo. […]