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Posts from ‘April, 2012’

Shell bullish on China shale gas

Thu Apr 26, 2012 7:40am EDT

* Shale gas seen economic in China

* Govt policy, not geology more likely to determine pace

By Tom Bergin

LONDON, April 26 (Reuters) – Royal Dutch Shell gave a bullish outlook for the development of shale gas in China on Thursday, saying the Anglo-Dutch oil major’s drilling there suggested vast resources could be unlocked at a relatively low cost.

Chief Financial Officer Simon Henry said Shell had not yet determined the cost of producing shale gas in China but that it would probably be within the $2 to $6 per million British thermal units (Btu) seen in North America, a level that would be competitive with alternative gas sources. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Australia LNG Boom Threatened by U.S. Shale Exporters

By Eduard Gismatullin – Apr 26, 2012 1:10 PM GMT+0100

Royal Dutch Shell Plc (RDSA) and PetroChina Co. are designing a liquefied natural gas plant in Australia with capacity of about 9 million metric tons a year that Deutsche Bank AG says will cost more than $20 billion.

Arrow Energy Ltd., the partners’ Brisbane-based venture, plans to decide on whether to invest in the project by the end of next year, Shell Chief Financial Officer Simon Henry said.

“There have been and are ongoing discussions between partners as to whether gas can potentially be taken from one producer through other peoples’ facilities,” Henry said today on a conference call. “If there’s a deal there to be done, we’ll do the deal, if not then we move on” with building the joint venture’s own LNG plant in Queensland, he said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Net Little Changed, Projects Offset Lower Output

By Eduard Gismatullin – Apr 26, 2012 7:48 AM GMT+0100

Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, reported first-quarter earnings that beat estimates and raised a target for asset sales this year.

Excluding one-time items and inventory changes, Shell posted profit of $7.28 billion, compared with the $6.7 billion average estimate of eight analysts surveyed by Bloomberg.

Chief Executive Officer Peter Voser said asset sales this year are likely to be in excess of $4 billion, compared with earlier expectations of $2 billion to $3 billion. The company generated additional cash in the quarter from new projects in Canada’s Athabasca oil sands and Qatar as Brent crude traded 12 percent higher than a year earlier. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

TRUSTING SHELL TO DRILL IN THE ARCTIC OCEAN

Copy of an email sent by John Donovan to every UK MP: 25 APRIL 2012

ROYAL DUTCH SHELL SENIOR MANAGEMENT HAS HAD ADVANCE SIGHT OF THIS EMAIL AND THEREFORE THE OPPORTUNITY TO SEEK AN INJUNCTION IF ANYTHING STATED IS UNTRUE

This issue transcends all geographical (and constituency) boundaries.

In September 2011, The Independent published an article under the headline: “Oil exploration under Arctic ice could cause ‘uncontrollable’ natural disaster.  One of the world’s leading polar scientists has warned: “If there is serious oil spill under ice in the Arctic it will be very hard, if not impossible to stop it becoming an environmental catastrophe…”

What should be given the greatest weight in deciding if Shell can be trusted to drill in the Arctic Ocean – Shell’s promises about being able to react quickly and effectively to any incident/disaster arising from its pioneer Arctic drilling commencing in July, or its horrendous track record of environmental pollution on an epic scale and deceiving host governments? read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Delta Rights Group plans protest

Hi John,

Greetings from Delta Rights Group. I hope this meets you well.

I have broached the idea of a peaceful protest in front of Shell Offices to the NECONDE 114, then, we can take the pics, they promised to call a meeting of NECONDE 114 within the week, deliberate on it and revert.

Also, Delta Rights would want to drag SHELL & NECONDE to the International Court of Justice, Hague to defend themselves. Could you elucidate me on how to go about it?

The story is generating so much local interest and is constantly in the Dailies. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell’s revised Cove bid wins board approval

April 24, 2012, 10:32 p.m. EDT

By Alexis Flynn

— Shell’s recommended cash offer values Cove at GBP1.12 billion

— Cove is junior partner in a potentially huge natural gas field off Mozambique

— Rival bidder, Thailand’s PTT E&P, says it is considering its options

LONDON (MarketWatch) — Royal Dutch Shell PLC RDS.A +1.05% said Tuesday it had agreed a GBP1.12 billion all-cash deal to buy Cove Energy, a junior partner in a potentially huge natural-gas field off the Mozambique coast, leaving rival bidder PTT Exploration & Production PCL to consider its options. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell’s toxic legacy in Brazil

The plant was built in 1977 by Shell… Dozens of former employees of the plant have been diagnosed with prostate, thyroid and other types of cancer, circulatory, liver and intestinal illnesses, as well as infertility and sexual impotence, the statement added.

By John Donovan

We have received emails seeking our help and advice from ATESQ (*Exposed Chemical Substances Workers Association), all former workers at Shell/Basf Chemicals in Paulinia, Brasil, who won a court case against against both multinationals.

In August 2010 the two companies were ordered to pay a total of 490 million euros in fines and damages for the workers exposure to toxic substances at a Sao Paulo factory.

Extracts from the emails:

We have gained a lawsuit that says Shell and Basf must pay for our medical treatments and pay for the damages they caused to us, but so far nothing has been done. Shell/Basf appealed to a second degree court. They lost at the second degree court and appealed to the upper-federal court, which they lost and right now they have appealed to request a reduction on their monetary penalty. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Justice Dept. makes 1st arrest in BP oil spill; ex-engineer accused of obstruction of justice

By Associated Press, Updated: Tuesday, April 24, 7:03 PM

NEW ORLEANS — The Justice Department said on Tuesday it filed the first criminal charges in the Deepwater Horizon disaster in the Gulf of Mexico, accusing a former BP engineer of destroying evidence.Kurt Mix, of Katy, Texas, was arrested on two counts of obstruction of justice.

The Justice Department says the 50-year-old Mix is accused of deleting a string of 200 text messages with a BP supervisor in October 2010 that involved internal BP information about how efforts to cap the well were failing.

BP officials did not immediately respond to emails seeking comment.

Justice Department officials said Mix would make an initial appearance in federal court in Houston on Tuesday afternoon.

On Wednesday, a federal judge in New Orleans is expected to consider a motion to approve a $7.8 billion civil settlement between BP and a committee of plaintiffs in a civil case. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell to buy Cove Energy for $1.8 billion

A Shell logo is seen at a petrol station in London April 28, 2010. Credit: Reuters/Toby Melville

LONDON | Tue Apr 24, 2012 2:45am EDT

(Reuters) – Royal Dutch Shell Plc (RDSa.L) said it agreed to buy Mozambique-focused explorer Cove Energy (COVE.L) in a 1.12 billion pound ($1.8 billion) recommended cash deal, after the major raised its previous offer to match a rival bid from Thailand’s PTT PTTE.BK.

Shell said it would pay 220 pence for each Cove share and that the deal was conditional upon approval from the government of Mozambique amongst other things. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Pres Jonathan, Nigerian Politicians Blocking Ogoni Clean-Up

Of course, $hell has over the years refuted allegations of environmental degradation in Ogoni. The company has nowhere to hide from this environmental catastrophe that is killing Ogonis faster than not. Although my source says $hell is willing to deposit the take-off money, it is also common with the company taking undue advantage of the envy and division, greed and corruption in Nigeria.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Great Britain: A lone fighter against Shell

John Donovan at the Shell Centre, 4 April 2012

Professional translation (by OneHourTranslation) of the German narration in the ARD TV Europa Magazine documentary feature: Great Britain: A lone fighter against Shell. Broadcast Saturday 21 April 2012.

Great Britain: A lone fighter against Shell

Next to the London Eye, the Shell Centre stands tall. Its enemy stands at the door.

“You might find that interesting,” says John Donovan. He distributes flyers to inform people about the oil company’s drilling projects.

“Shell destroys communities,” is what the banner says. An older gentleman and a handful of like-minded people are aggravating one of the world’s largest oil giants. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell’s wildly inaccurate reporting of Niger Delta oil spill exposed

23 April 2012

A major oil spill in the Niger Delta was far worse than Shell previously admitted, according to an independent assessment obtained by Amnesty International and the Centre for Environment, Human Rights and Development (CEHRD), which exposes how the oil giant dramatically under-estimated the quantities involved.

The spill in 2008, caused by a fault in a Shell pipeline, resulted in tens of thousands of barrels of oil polluting the land and creek surrounding Bodo, a Niger Delta town of some 69,000 people.  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell results should reverse share decline

Questor share tip: Shell results should reverse share decline

Investors in Royal Dutch Shell must have been very relieved that the recent oil spill in the Gulf of Mexico was nothing to do with them. The oil came from “natural seepage” from the sea floor.

By 7:00AM BST 22 Apr 2012

Shell
£22.02½
Questor says BUY

However, the news hit the shares hard. Indeed, the shares have been on the slide all year, despite the price of Brent crude being above $120 for much of the year on concerns over supply from the Middle East and North Africa. They hit a high of £24.89 on January 10.

Credit Suisse recently increased its 2012 Brent crude forecast to $125 a barrel, with $132.5 in 2013 and $135 in 2014, citing a lack of supply and continued growth in demand.

Questor expects that next week’s first quarter numbers, released on Thursday, will put a stop to the share price slide. Indeed, Shell’s results could be the strongest of all the integrated oil companies posting next week. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

United Kingdom: a lone fighter against Shell

ARD TV in Germany – the German equivalent of BBC TV – on Saturday, 21 April, broadcast a feature about me and this website (royaldutchshellplc.com) as part of the EUROPA MAGAZINE programme.

By John Donovan

ARD TV in Germany – the German equivalent of BBC TV – on Saturday, 21 April, broadcast a feature about me and this website (royaldutchshellplc.com) as part of the EUROPA MAGAZINE programme.

LINK TO VIEW FILM SEGMENT

Click here to read a translation of the narration.

During the film, *Oleg Mitvol, the Russian Environmental Minister in 2006, confirmed what he has said before on the subject  of Sakhalin II i.e. that he got the evidence from me (Donovan) that cost Shell its majority stake in the project (and many billions of dollars). read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell investigates alleged IP theft at Geelong Refinery

Photograph of Shell’s Geelong refinery in Australia

By John Donovan

Printed below is email correspondence involving a whistleblower employee from Shell’s Geelong refinery in Australia and Mr Michiel Brandjes, Company Secretary and General Counsel Corporate of Royal Dutch Shell.

Although Mr Brandjes claimed that it was not a matter for correspondence with this website, he has in fact corresponded, replying within a deadline, and has agreed to intervene.

Shell has had a reasonable time to investigate, but apparently the matter has not been resolved. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Corporate Scandals: Post-Enron, post-Shell, post-WorldCom, post-Parmalat

Post-Enron, post-Shell, post-WorldCom, post-Parmalat, the collective knickers of the business world are in a twist about ethics, and rightly so. Deals are the building blocks of business. Enormous sums are at stake and the money belongs mostly to strangers, not neighbours. Without ethics to define deals and fair dealing, business will not get done.

Introduction by John Donovan:

Dr John Huong (right), the renowned former Shell Production Geologist who blew the whistle internally at Shell in respect of the oil and gas reserves fraud is the author of this article. It was written at a time when he was being sued for defamation by EIGHT Royal Dutch Shell companies in respect of postings made on this website under his name. Shell eventually withdrew the claim and settled a counterclaim brought by Dr Huong for wrongful dismissal.

Reflections on the Essay By Mr Thomas Stewart on Corporate Governance and the morals at workplace environment

By Dr John Huong read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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