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Posts Tagged ‘Sakhalin Energy’


Extracts from the ebook “John Donovan, Shell’s Nightmare” (now available on Amazon websites globally) 

From pages 8 & 9 covering an energy news media interview with my Russian government minister contact Oleg Mitvol, memorably described by the Guardian newspaper as a “Kremlin Attack Dog” (“On one side was Oleg Mitvol, 6ft 2in and dressed in a black coat, the Kremlin’s attack dog leading the charge against the vast Sakhalin-2 oil and gas development off Russia’s far east coast.”)

Extract from the ebook:

An English language version of the German TV documentary segment was then broadcast across Europe by the European Journal under the title: “Shell’s Enemy No. 1” Greenpeace might take issue with the No. 1 ranking bearing in mind that its activities have achieved greater visibility.

However, in terms of financial impact, the confidential Shell internal information that I supplied to the Russian government concerning the Sakhalin2 gas project in Russia, did, in fact, cost Shell billions of dollars, as has been widely reported. read more

How Chris Finlayson bungled the Mother of all Projects: Sakhalin II

Chris Finlayson representing Shell and Alexander Medvedev, Gazprom’s Vice Chairman

By John Donovan

Chris Finlayson, the newly appointed Chief Executive of BG Group, held a leadership position in Shell’s Sakhalin II project in Russia from September 2005 to September 2009. The venture was described as “the Mother of all Projects” by the Financial Times.

We have already published an article about his involvement in the Royal Dutch Shell reserves scandal, providing evidence – in the form of authentic Shell internal documents – supporting my conclusion that he was either part of the cover-up, or negligent in his fiduciary duties as a senior Shell executive to protect the interests of investors. read more

Donovans mud throwing campaign against Shell

“It looks like the Donovans, the Royal Dutch Shell humiliators and mud throwing campaign initiators, the donors of cheat and steal approach are indemnified, otherwise they could have been sued for their below the belt statements derogating human dignity and respect. And the methods they use are outrageous examples of brainwashing of the people not involved in the petroleum industry, mixing true and false facts making it almost impossible to separate the wheat from the chaff. I am writing this because I have worked on the Sakhalin 1 and 2 Project…”

By John Donovan

Printed below is an extraordinary email circulated overnight by a disgruntled former employee of Sakhalin Energy to various recipients, including senior people at Sakhalin Energy, Gazprom, Royal Dutch Shell, the Financial Times, Dow Jones Newswires, Bloomberg, the Russian government and the UK Police. It was originally sent to Thomas Zengerly, a director of Sakhalin Energy.

As can be seen, the sender does not seem to be particularly fond of us or our involvement in the Sakhalin 2 project as a conduit for whistleblowers.
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Shell’s pipeline costs overflow to $22bn

From our October 2005 Shell news archive

The Observer: Shell’s pipeline costs overflow to $22bn

“The financial crisis has prompted Gazprom, the state-owned Russian energy giant, to delay rubber-stamping a deal that would see it take a 25 per cent stake in Sakhalin-2.”: “Shell is desperately trying to secure bank loans to help finance Sakhalin-2, which it says will generate $45bn worth of oil and liquefied natural gas.”

Sunday 16 October 2005

Nick Mathiason

Sunday October 16, 2005

The escalating financial crisis at one of Shell’s most crucial energy projects, already massively over budget, has taken a turn for the worse.

It is understood that the Sakhalin-2 gas and oil pipeline project, which originally had a budget of $10 billion, could now cost $22bn. The scheme will transport oil and gas from an island off the east coast of Russia.

Last month the Anglo-Dutch energy giant admitted the project would cost around $20bn, but sources close to the Sakhalin Energy Investment Company, which Shell currently controls, suggest the final bill could be even higher. read more

John Donovan and Sakhalin Energy

By John Donovan

23 August 2012

Interesting to note that within hours of the Shell’s Enemy No. 1 feature being published on YouTube and this website earlier today, comment about the development was widely circulated by an enigmatic third party to senior people at Sakhalin Energy, Gazprom, the Russian Federal Government and other  major Sakhalin/Russia players apparently deemed to be interested in such matters.

My activities are self-evidently still being closely monitored by this spooky third party (until recently connected with Sakhalin Energy) whose motives for an apparent obsession with my online activities is unknown.
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Shell Still in Talks Over Russia’s Shtokman Project, CEO Says

By Ben Farey – Jul 26, 2012 9:11 AM GMT+0100

Royal Dutch Shell Plc is still in talks with OAO Gazprom about joining the Shtokman liquefied natural gas project in the Russian Arctic, one of the world’s biggest gas deposits.

“We now have interest in doing more LNG projects in Russia,” Shell Chief Executive Officer Peter Voser told Bloomberg Television today. “Discussions are ongoing. I can’t comment on any more details.”

Shell and Gazprom are already partners in the 9.6 million metric-ton-a-year Sakhalin-2 LNG plant on Sakhalin Island, off Russia’s far eastern coast. read more

Rudderless Shell still worth backing


The Independent: Rudderless Shell still worth backing

“The company has also created a single board, after blaming its double-headed, dual-nationality structure for the disasters of recent years. Shell had been overstating its reserves of oil, and had to fess up last year, cutting the number by one-third. But only last week the company revealed the development of its Sakhalin natural gas field in Russia was 100 per cent over budget, a whopping extra cost of $10bn (£5.8bn) that had not even been hinted when Shell sold part of the field earlier this month.”

The Investment Column: Edited by Stephen Foley

Published: Thursday 21 July 2005

Shell, the Anglo-Dutch oil giant, has merged its Anglo half, Shell Transport & Trading, with its Dutch half, Royal Dutch. If you owned 100 Shell shares on Tuesday, you now own 29 Royal Dutch Shell shares. They fell in value a little on their stock market debut yesterday, but hang on to them.

Strictly speaking, you own Royal Dutch Shell ‘B’ shares, while Netherlands investors own ‘A’ shares. The difference is that ‘A’ shares attract a Dutch tax, but that will usually be reflected in the lower price of the ‘A’ shares. It is all a little confusing and UK investors might as well stick to the ‘B’ shares, but the important thing is that the company you own still has the same assets and prospects as it had at the start of the week. read more

Bad Publicity plus British Humour puts Shell on the defensive

Translation of an article published in an April 2012 edition of the German magazine: ECOreporter


Text in Nigeria Oil Spill Photo: The oil industry in Nigeria is the cause of ecological environmental problems

Article by Juergen Roettger.

April Fool

Bad Publicity plus British Humour –  puts Shell on the defensive

An early retired pensioner takes on the Shell Group : an unequal duel, one might think? Very likely. Because, the Shell Group has no chance against him. 

John Donovan is rapping the fingers of the Shell International Oil Multinational. For about ten years now, the early retired pensioner from the East English town of Colchester has been running a website: The Shell Group spends millions on image-polishing publicity, and Donovan only 150 Dollars for his internet website.  Donovan has published around 30,000 articles highlighting shortcomings of the British-Dutch Group. New reports are being added daily. Donovan gains support from a network of insiders who provide him with internal information and secret documentation, so that these can be made public. read more

French Employee at Shell’s Russian Venture Is Killed


BLOOMBERG: French Employee at Shell’s Russian Venture Is Killed

“A French expatriate working at a Royal Dutch Shell Plc-led oil and gas venture off Russia’s Pacific coast was killed at his apartment in Yuzhno-Sakhalinsk, on the southern end of Sakhalin Island.”: “Sakhalin Energy and Starstroi are investigating the murder, in part “to learn how to improve safety and security” for other employees…”

Wednesday 20 July 2005

July 20 (Bloomberg) — A French expatriate working at a Royal Dutch Shell Plc-led oil and gas venture off Russia’s Pacific coast was killed at his apartment in Yuzhno-Sakhalinsk, on the southern end of Sakhalin Island.

The employee of OOO Starstroi, a pipeline contractor for the Sakhalin-2 project, “died following a criminal incident at his apartment,” Ivan Chernyakhovsky, a spokesman for the project operator, Sakhalin Energy Investment Co., said in a telephone interview from Moscow today. read more

Moscow Times: Gazprom Rethinks Value of Sakhalin-2


Moscow Times: Gazprom Rethinks Value of Sakhalin-2

Tuesday 19 July 2005

Gas giant Gazprom said on Friday it considered Royal Dutch/Shell’s assets on Sakhalin to be worth less after the oil major doubled the project’s cost estimates last week to $20 billion.

Earlier this month, Gazprom agreed to swap a 50 percent stake in its Siberian Zapolyarnoye gas field for a 25 percent stake in the Shell-led Sakhalin-2 liquefied natural gas project in the Far East.

On Thursday, Shell raised the cost estimate for Sakhalin-2 and postponed the first LNG shipment from the end of 2007 to summer 2008. read more

Shell Sakhalin Project Cost Soars, Deliveries Late


BLOOMBERG: Shell Sakhalin Project Cost Soars, Deliveries Late

“Royal Dutch/Shell Group’s oil and gas project in Russia’s Far East may cost $20 billion, 67 percent more than originally planned…”

Thursday 14 July 2005

July 14 (Bloomberg) — Royal Dutch/Shell Group’s oil and gas project in Russia’s Far East may cost $20 billion, 67 percent more than originally planned, because of soaring metal prices and contractor fees and a declining U.S. dollar.

Deliveries of liquefied natural gas are now expected to start in the summer of 2008, the company said in a statement today, some eight months behind schedule. The project at Sakhalin island is the largest foreign direct investment anywhere in Russia. Shell shares pared gains in London after the statement. read more

Sakhalin Energy Leaked Emails Intrigue


The name of the source of the current emails has been deleted, but will be disclosed tomorrow.

It is an understatement to say that the source is not fond of “the Donovans” or their website.

From: John Donovan <[email protected]>
Date: 2 July 2012 15:29:42 GMT+01:00
To: [email protected]
Cc: [email protected],

Dear Mr Chernyakhovskiy

Please be advised that it is my intention for reasons of transparency to publish in full the emails sent by XXXXX XXXXXXXX earlier today. read more

Mysterious email to Sakhalin Energy

By John Donovan

I have printed below extracts from a mysterious email, partly in English and partly in Russian, circulated to a number of people at Sakhalin Energy earlier today, with a copy supplied to us. it seems to have been sent by a disgruntled employee (an interpreter/translator?) and has a sinister aspect with a reference to the Mafia (the Russian Mafia?).

It also makes a reference to plagiarism and contains a threat to “sell my story to and become the Donovans’ friend…” read more

Recent seismic (earthquake) activity in the area of the Beaufort Sea where Shell’s concession lies

FROM A SHELL RELATED EXPERT SOURCE (Alarming information supplied to John Donovan)


The attach file highlights a number of known hazards which Shell will need to address in their Arctic drilling and development work. One such hazard is highlighted on a map showing recent seismic (earthquake) activity in the area of the Beaufort Sea where Shell’s concession lies.

You make recall that this is the same issue that led to the takeover of Sakhalin 2 by Gazprom!

Chapter Three: Description of the Beaufort Sea Lease Sale Area ( Patience is required as document takes some time to load) read more

Gazprom and Shell highlight Sakhalin II project success

06/04/2012 | 12:19pm

Kuala Lumpur (Malaysia) hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell within the 25th World Gas Conference.

The parties discussed bilateral cooperation in the energy sector.

Alexey Miller and Peter Voser highlighted that the Sakhalin II project was progressing successfully as well as examined the issues of bilateral cooperation deepening.

Background Shell is a British-Dutch petroleum company focused on hydrocarbons production, processing and marketing in over 90 countries of the world.

On April 18, 2007 Gazprom and the shareholders of Sakhalin Energy (Royal Dutch Shell, Mitsui & Co., and Mitsubishi Corporation), the Sakhalin II project operator, signed the Purchase and Sale Agreement providing for Gazprom to acquire a stake of 50 per cent plus one share in Sakhalin Energy. read more

Sueddeutsche Zeitung article on Royal Dutch Shell Plc .com

I am described as having a stately stomach and accurately combed hair over a bald head. So we know that the journalist in question is unbiased, fearless, and truthful.

By John Donovan

On Saturday 17 March 2012 the largest broadsheet German daily national newspaper, Sueddeutsche Zeitung, published a whole page article by the journalist Christoph Giesen about this website, which it correctly says has cost Shell billions of dollars.

SEE: Royal Dutch Shell’s No1 Enemy

The article is displayed below divided into two images, each of which can be enlarged by clicking on the image. PDF and English translation versions will be published.

I am described as having a stately stomach and accurately combed hair over a bald head. So we know that the journalist in question is unbiased, fearless, and truthful.
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