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Posts from ‘October, 2011’

Shell’s Q3 profits soar on higher oil price

(Reuters) – Royal Dutch Shell Plc (RDSa.L) reported a doubling in profits on Thursday thanks to higher oil prices, robust demand for gas and stronger refining margins, and said it would continue to sell off non-core assets.

Europe’s largest oil company by market value said it’s current cost of supply (CCS) net income was $7.2 billion, a 100 percent rise on the same period last year when non-cash accounting charges weighed on the result.

The underlying result was broadly in line with analysts forecasts. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell’s Profit Soars

OCTOBER 27, 2011

By ALEXIS FLYNN

LONDON—Royal Dutch Shell PLC Thursday said its net profit in the third quarter more than doubled, driven by strong oil and rising natural-gas prices as major projects have started to raise production.

Net profit for the quarter totaled $6.98 billion, compared with $3.46 billion a year earlier. Revenue was $123.41 billion, compared with $90.71 billion.

The results reveal that the company is reaping rewards for its heavy investment in new infrastructure, some of which enables it to turn less valuable hydrocarbons like natural gas and oil sands into high quality transport fuels and lubricants. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

‘The Pipe’ Norwegian premiere

The project is currently 10 years behind schedule, projected costs have risen from $800 million to $2.5billion, Statoil has had to sell off its retail outlets in Ireland because of the damage to its reputation and internationally the reputation of Statoil has suffered due to its partnership in the Corrib field.

CORRIB GAS PROJECT

The award winning documentary film about the controversial Corrib Gas pipeline – ‘The Pipe’ – will have its Norwegian premiere this Monday in Oslo at the Cinemateket presented by the Neptune Network:
http://www.neptunenetwork.org/.

Attendees will include people from industry, politics, media and academia, who will participate in a post screening discussion with director of the film Risteard Ó Domhnaill and County Mayo fisherman Patrick O’Donnell

(see photo right, courtesy of John Monaghan).

http://www.neptunenetwork.org/profiles/blogs/cinemateket-statoils-overgrep-mot-irsk-befolkning-vises-frem-i-pr
read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Nigerians seek $1 bln from Shell over oil spills

Tue Oct 25, 2011 5:47am GMT

ABUJA (Reuters) – A Nigerian community from the oil-rich Niger Delta has filed a lawsuit in the United States seeking $1 billion in compensation from Anglo-Dutch oil major Shell for decades of pollution caused by oil spills.

Last week the U.S. Supreme Court agreed to decide if companies can be held liable in the United States for international human rights law violations.

The decision was related to a case involving allegations that Shell helped Nigeria violently suppress oil exploration protests in the 1990s. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Economic benefits will likely win Keystone XL approval: Shell

Oct 24, 2011 – 5:41 PM ET

TORONTO — The U.S. government is likely to approve the Keystone XL pipeline in part because of the economic benefits that would come along with the controversial US$7-billion project, the head of Royal Dutch Shell’s North American operations, predicted Monday.

In fact, the economic benefits attendant on the energy industries in North America in general are even more important than energy independence, Marvin Odum, president of Shell Oil Co. and upstream director of Royal Dutch Shell’s subsidiary company in the Americas, said at a Toronto conference. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Enviro Groups Challenge Permits For Shell’s Arctic Oil Drilling

Oct 24, 2011

By Tennille Tracy, Of DOW JONES NEWSWIRES

WASHINGTON -(Dow Jones)- Environmental groups have filed a formal challenge to air-quality permits that Royal Dutch Shell needs to drill for oil in the Arctic.

The challenges, filed Monday, represent the latest effort to block Shell ( RDSA, RDSB, RDSA.LN, RDSB.LN) from drilling off the coast of Alaska and could derail the company’s plans to begin exploring the region in 2012. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Free access to US court documents filed against Royal Dutch Shell claiming $1B in damages

Due to the Defendants’ oil exploration in the Plaintiffs land and failure by Shell and others to meet minimum Nigerian or own standards, the Plaintiffs community is now characterized by heavy contamination of land and underground water courses, sometimes more than 40 years after oil was spilled.

By John Donovan

We have purchased from the United States District Court Eastern District of Michigan and now publish on the Internet, court documents issued in the court on 18 October 2011 against Royal Dutch Shell Plc and Shell Petroleum Development Company (NIG) Ltd.

The case is as stated in the related Washington Post article:

Nigeria village cited by UN for chronic oil-spill damage sues Royal Dutch Shell for $1B in US

Case No. 11-14572

HRH EMERE GODWIN BEBE OKPABI;
EMERE FORTUNE OLAKA OBE;
EMERE AKE OLUKA;
HONOURABLE PRINCEWILL AKE IGWE; HONOURABLE DANDYSON NGAWALA;
CHIEF LAWRENCE OSARO OYOR, for themselves and on behalf of the People of Ogale in Eleme Local Government, Rivers state,
read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Taliban threatens to attack Shell Pakistan, Pakistan State Oil

Oct 23, 2011, 03.46PM IST

ISLAMABAD: The Pakistani Taliban have threatened to attack installations of Shell Pakistan and the state-run Pakistan State Oil if the two firms do not pay a total of Rs 400 million within 20 days as extortion money, a media report said on Sunday.

“I had personally spoken to the managing directors of the Pakistan State Oil and Shell Pakistan and demanded that they arrange to pay us Rs 200 million each. Otherwise, I had warned them that we would start attacking their installations anywhere in the country,” a senior Tehrik-e-Taliban Pakistan commander told The News on phone. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Wins U.S. Air Permit for Oil Exploration Off Alaska

By Katarzyna Klimasinska – Oct 21, 2011 10:46 PM GMT+0100

Royal Dutch Shell Plc (RDSA) won a final U.S. air-pollution permit to operate an oil-exploration rig in Alaska’s Beaufort Sea beginning in 2012.

Shell is authorized to use its Kulluk rig and supporting icebreakers and oil-spill response vessels for 120 days each year in the Arctic waters, the Environmental Protection Agency said today in an e-mailed statement.

“This air permit is one of several federal authorizations Shell needs to explore for oil and gas” off Alaska “starting in July 2012,” the agency said. “EPA’s final permit significantly reduces the potential air pollution from Shell’s drilling operations.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Nigeria Village Files $1B Suit Against Shell in U.S.

A village in Nigeria’s oil-rich southern delta where observers found a drinking-water well polluted with benzene 900 times the international limit has sued Royal Dutch Shell PLC for $1 billion in a U.S. federal court.

Published October 21, 2011 | FoxNews.com

LAGOS, Nigeria— A village in Nigeria’s oil-rich southern delta where observers found a drinking-water well polluted with benzene 900 times the international limit has sued Royal Dutch Shell PLC for $1 billion in a U.S. federal court.

The lawsuit alleges that Shell, long the dominant oil company over Nigeria’s more than 50 years of production, acted willfully negligent in pursuing profits over protecting the nation’s Niger Delta. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

New research reveals Shell paid militants who destroyed Nigerian towns

PLATFORMLondon.org

Monday 3 October 2011

Shell fuelled human rights abuses in Nigeria by paying huge contracts to armed militants, according to a new report published today by Platform and a coalition of NGOs and featured in The Guardian. [1]

Counting the Cost implicates Shell in cases of serious violence in Nigeria’s oil-rich Niger Delta region from 2000 to 2010.[2] The report uncovers how Shell’s routine payments to armed militants exacerbated conflicts, in one case leading to the destruction of Rumuekpe town where it is estimated that at least 60 people were killed.[3]
read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell false claims over FuelSave featured on BBC TV Watchdog programme

By John Donovan

For getting on to a hundred years, Shell has claimed that its petrol is better quality and delivers more miles per gallon than rival brands, as per the example of one such advert from October 1925.

Fortunately for Shell, there was no UK Advertising Standards Authority in existence to rule on whether such claims were justified.

Now Shell’s false advertising claims are regularly exposed by Advertising Standards Authorities in the UK and overseas.

Printed below is a transcript of a feature on the BBC TV flagship consumer programme “Watchdog” broadcast last night – at 8pm on 20 October 2011.
read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Lawsuit against Shell should be a no-brainer to decide

Published: October 20

The Supreme Court has agreed to hear a case pitting a group of Nigerians against Royal Dutch Shell, which has been accused of complicity in torture and executions in Nigeria. According to an Oct. 18 news story, “The lower [U.S.] courts are divided about whether only an individual may be sued under the [alien tort] statute or whether it extends to cover corporations.”

Since the Supreme Court has already decided that, when it comes to contributions to political campaigns, corporations are just like individuals, the decision on whether a corporation can be sued should be a no-brainer. Or will the Supreme Court let corporations have their cake and eat it, too? read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Nigerians seek $1 billion from Shell for oil spills

CHICAGO — A Nigerian tribal king filed a lawsuit in a US court seeking $1 billion from Royal Dutch Shell to compensate for decades of pollution that sickened his people and damaged their lands, his lawyer said Thursday.

The suit was filed a day after the US Supreme Court said it will consider a lawsuit accusing Shell of human rights abuses in Nigeria in a landmark case that could make companies liable for torture or genocide committed overseas.

That case will assess the potential liability of corporations — including multinationals with a US presence — under the Alien Tort Statute, a US law dating back to 1789 that scholars say was meant to assure foreign governments that the United States would help prevent breaches of international law. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Arctic and the Lessons of the Gulf

A version of this editorial appeared in print on October 21, 2011, on page A34 of the New York edition

The Interior Department has been inching closer to approving Royal Dutch Shell’s ambitious plans to drill for what are believed to be huge deposits of oil in the Arctic Ocean off Alaska. In August, it approved an exploratory drilling plan for the Beaufort Sea, and two weeks ago it upheld the validity of leases in the neighboring Chukchi Sea that had been challenged by environmental groups.

The Interior Department and Shell both insist that they have learned the lessons of the disastrous BP spill in the Gulf of Mexico. They must prove it. The Interior Department has written tough new regulations governing drilling, including requirements for subsea containment systems to plug a runaway well. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Dutch officials wade into Niger Delta crisis

Tuesday, 18 October 2011 00:00 From Kelvin Ebiri, Rotterdam

TOP officials of the Dutch government at the weekend kept on the front burner efforts to bring lasting stability to the Niger Delta.

The position of the government was articulated by Dutch parliamentarians and a representative of the country’s Foreign Affairs Ministry in charge of the Horn of Africa, East and West Africa.

A Dutch parliamentarian, Sharon Gesthuizen, specifically tasked Shell Petroleum Development Company (SPDC) to clean up oil spill in all contaminated sites in the Niger Delta. Shell admitted that oil spill in the Niger Delta was wrong and it would do its best to remediate areas affected. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.