Royal Dutch Shell Plc  .com Rotating Header Image

Posts from ‘November, 2013’

Shell share price: Will Anglo-Dutch oil major rein in capital spending?

Screen Shot 2013-08-02 at 10.48.21

The underperformance of the share price reflects investors’ dissatisfaction with the fact that “Europe’s biggest oil company is burning through cash at an extraordinary rate.” The appointment of van Beurden, head of Shell’s refining division who started at the company 30 years ago, has left investors unimpressed as they see him as yet another chief executive steeped in a culture of spending big on mammoth engineering projects. 

Screen Shot 2013-11-25 at 14.39.11

by Branimir Kondov, : 11:12 GMT, Nov 25 2013

EXTRACTS

iNVEZZ.com, Monday, November 25: Investors are concerned that Ben van Beurden, the incoming boss at the helm of Royal Dutch Shell (LON:RDSA, LON:RDSB), will not attempt to rein in the company’s massive spending on new projects. According to an article published yesterday by the Sunday Times, there has been no indication so far that van Beurden, who will replace Peter Voser as chief executive on January 1, 2014, is going to to rethink Shell’s plan to spend $130 billion (£80.1 billion) on new developments between 2012 and 2015. 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

OSSL OFFERS A CASH REWARD IN SHELL SCANDAL

Screen Shot 2013-11-24 at 17.18.28

One of the recipients of the OSSL email is the outspoken Garda Commissioner Martin Callinan (shown right), who appears to be under considerable pressure at the moment. He has issued an astonishing warning of ‘mass assassinations’ if the Ombudsman gain access to classified files.

By John Donovan

Printed below is a self-explanatory email sent to the Irish police and Shell regarding the Garda corruption scandal currently being investigated by the Garda Siochána Ombudsman Commission.

One of the recipients of the OSSL email is the outspoken Garda Commissioner Martin Callinan (shown right), who appears to be under considerable pressure at the moment. He has issued an astonishing warning of ‘mass assassinations’ if the Ombudsman gain access to classified files. I have no idea if this warning relates to the Ombudsman investigation of OSSL allegations. 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

The Shell Corruption Scandal in Ireland

Screen Shot 2013-09-13 at 08.47.30

Posted by John Donovan

An unsolicited comment received from Ed Vulliamy on the article/email entitled Shell sponsored Corruption of the Garda 

“This far down the line, until Gilligan and the other police officers and Shell employees named are interviewed in depth, and make public, clearly worded and outright denials that NO alcohol was delivered at ANY time at Shell’s bequest – and accuse OSSL of total fabrication – we shall reasonably take OSSL’s account to be the truth. The police and Shell have had years to issue forthright denials, but have not, preferring instead convoluted constructions and the language of corporate public relations. We have meanwhile become aware of some compelling visual evidence. Their silence speaks for itself.” 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 Sponsored Corruption of the Garda

As previous agreed, I am sending two of my Investigators (Rody Butler and Sivan Govinder) to London on the 10th December 2013 to interview you at the Irish Embassy.  Further details will follow closer to the date. We are making the booking today for them to travel to London and cannot be changed.

Screen Shot 2013-09-12 at 14.02.48

EMAIL SENT ON 22 NOVEMBER 2013 TO EVERY TD MEMBER OF THE DAIL (THE IRISH PARLIAMENT) 

Shell Sponsored Corruption of the Garda

I last contacted you in May regarding serious allegations made by Shell’s “Mr Fixit” contractor in Ireland, OSSL.

At that time the Garda had already carried out an investigation of the allegations.

Since then, a second investigation has been carried out, this time a so-called “independent” investigation by a senior Garda officer, Supt. Thomas Murphy.

As a result of his investigation, a third investigation is currently under way, on this occasion by the Garda Siochána Ombudsman Commission. 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

Canada’s Tar Sands Oil Boom Yields Toxic Wastewater Lakes

Companies including Syncrude Canada, Royal Dutch Shell and ExxonMobil affiliate Imperial Oil are running out of room to store the contaminated water that is a byproduct of the process used to turn bitumen—a highly viscous form of petroleum—into diesel and other fuels. By 2022 they will be producing so much of the stuff that a month’s output of wastewater could turn New York’s Central Park into a toxic reservoir 11 feet deep…

Screen Shot 2013-03-05 at 14.17.28

Screen Shot 2013-11-22 at 09.01.23

 By  

Canada is blessed with 3 million lakes, more than any country on earth—and it may soon start manufacturing new ones. The oil sands industry is in the throes of a major expansion, powered by C$20 billion ($19 billion) a year in investments. Companies including Syncrude Canada, Royal Dutch Shell (RDS/A), and ExxonMobil (XOM) affiliate Imperial Oil are running out of room to store the contaminated water that is a byproduct of the process used to turn bitumen—a highly viscous form of petroleum—into diesel and other fuels. By 2022 they will be producing so much of the stuff that a month’s output of wastewater could turn New York’s Central Park into a toxic reservoir 11 feet deep, according to the Pembina Institute, a nonprofit in Calgary that promotes sustainable energy. 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

Arctic 30 images outside Shell HQ

Greenpeace has unveiled giant portraits of the activists arrested in Russia as part of the group’s continuing campaign against drilling in the Arctic. The images were placed outside the London offices of oil giant Shell.

Screen Shot 2013-11-22 at 08.46.18

Western Morning News: Friday, November 22, 2013

Greenpeace has unveiled giant portraits of the activists arrested in Russia as part of the group’s continuing campaign against drilling in the Arctic.

The images were placed outside the London offices of oil giant Shell. The so-called Arctic 30 are awaiting trial on piracy and hooliganism charges after being arrested in the Arctic two months ago.

Greenpeace said it was drawing attention to Shell and its Russian partner Gazprom’s planned joint venture to drill for oil in the Arctic. 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 Oil Self-Imposes Carbon Pollution Tax High Enough To Crash Coal, Erase Natural Gas’s Value-Add

Comment received on this article: Shell hypocrisy at its best… Shell claim to price carbon emissions at $40/ton, but then ignore the conclusions!

Screen Shot 2013-11-21 at 23.56.13

By Joe Romm on November 21, 2013 at 5:36 pm

Royal Dutch Shell includes a high price for carbon dioxide when evaluating new projects. The $40 a metric ton price that Shell uses would — if widely adopted — reshape domestic and international energy consumption and investment trends.

Shell discussed this policy in its 2012 Sustainability Report, but it hasn’t received much attention. CDP (aka the Carbon Disclosure Project) is putting out a report next month detailing the efforts of many companies to price carbon internally, which may help spur coverage of this important topic. 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

Slaughter and May Reservations over Royal Dutch Shell SEC filing

Screen Shot 2013-10-01 at 07.56.54I wonder how many ordinary stock holders in Royal Dutch Shell Plc are aware of the extensive reservations set out by Slaughter and May in Exhibit 5.1 attached to an SEC filing involving gazillions of dollars, in which Royal Dutch Shell Plc is the sole guarantor?; e.g. “undertakings, covenants and indemnities contained in the Indenture may not be enforceable before an English court…”; Is this a prudent move bearing in mind the flood of recent negative news about Shell, with the CEO about to jump ship?

By John Donovan

I have published below the reservations of Slaughter and May in relation to a filing by SHELL INTERNATIONAL FINANCE B.V. with the United States Securities and Exchange Commission on 13 November 2013 signed by Company Secretary, Michiel Brandjes. Royal Dutch Shell Plc is the guarantor.

Huge sums of money are involved.

US$1,000,000,000 0.900 per cent. Guaranteed Notes due 2016;

US$1,250,000,000 2.000 per cent. Guaranteed Notes due 2018;

US$750,000,000 Floating Rate Guaranteed Notes due 2015; and

US$1,000,000,000 Floating Rate Guaranteed Notes due 2016,  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

Greenpeace Arctic 30: A shift in focus for campaigners

Screen Shot 2012-12-07 at 16.17.08

Screen Shot 2013-11-21 at 09.57.18

Greenpeace set out to protest about oil companies drilling in the Arctic Ocean, but now finds itself fighting to free a group of 30 from a Russian jail. What effect is the case having on the group’s environmental aims?

“The primary focus is getting the Arctic 30 free and home with their loved ones. That’s what we are spending every hour working on.”

Ben Ayliffe used to be head of Greenpeace’s Save the Arctic campaign. But now even his job title is different. 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

Release of Interior’s Arctic standards for offshore oil development delayed

Screen Shot 2013-11-01 at 09.31.18Arctic-specific standards to guide offshore oil operations — rules crafted in response to Shell’s trouble-plagued 2012 drilling season — will be issued later than expected, the head of a key federal agency said on Wednesday.

Tick tock: Kulluk’s countdown to disaster unveiled

Screen Shot 2013-05-21 at 09.55.13

Yereth RosenNovember 20, 2013

Arctic-specific standards to guide offshore oil operations — rules crafted in response to Shell’s trouble-plagued 2012 drilling season — will be issued later than expected, the head of a key federal agency said on Wednesday.

A draft version of the new standards, initially expected by the end of the year, is now expected in early 2014, said Tommy Beaudreau, director of the Bureau of Ocean Energy Management and acting assistant Interior secretary for lands and minerals. 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

U.S. Oil Probe Disclosure Delayed as Court Mulls Speedy Appeal

Screen Shot 2013-11-21 at 00.15.41Oil traders including Morgan Stanley (MS:US) and Royal Dutch Shell Plc (RDSA) asked a Manhattan federal judge to block the release of millions of records to plaintiffs lawyers… The files include e-mails, depositions, trading records and audio files.

Screen Shot 2013-11-20 at 07.08.42

November 20, 2013

The court-ordered disclosure of internal oil company documents including e-mails and trading records from a 6-year U.S. probe will be delayed at least six days while a federal appeals court considers speeding up review of a challenge to the ruling.

Oil traders including Morgan Stanley (MS:US) and Royal Dutch Shell Plc (RDSA) asked a Manhattan federal judge to block the release of millions of records to plaintiffs lawyers — files that had been gathered by the Commodity Futures Trading Commission as part of its probe begun in December 2007. 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 and PetroChina Reveal Cheap Gas Costs at Changbei Field

Screen Shot 2013-02-01 at 15.08.50 By Aibing Guo – Nov 20, 2013 3:19 AM GMT

Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, and PetroChina Co. (857) are producing natural gas from the Changbei field in China at a 91 percent discount to PetroChina’s average lifting cost last year across all of its assets.

The cost of output from the field in the Shaanxi province is $1 per barrel of oil equivalent and that’s much lower than similar projects, Xu Li, Shell’s general manager of the asset told a group of reporters at the unit’s headquarters on the outskirts of Yulin yesterday. PetroChina’s lifting cost in 2012 was $11.74 per barrel of oil, according to its annual statement. 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

Kashagan field commercial production delayed until 2014

Kashagan field commercial production delayed until 2014

08 November 2013

Kashagan is a major oil and gas field in the Kazakh sector of the Caspian Sea with reserves estimated at 38 billion barrels (six billion tonnes) of which eleven billion barrels are recoverable. The field also has over one trillion cubic metres of gas.

The consortium is led by Italian company ENI and commercial production was originally due to start in 2008. In late May 2012, the government of Kazakhstan signed an updated agreement stipulating the start of commercial production before June 2013. 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

Vitol, Shell Ask Judge to Halt Release of CFTC Oil Probe Records

Screen Shot 2013-05-17 at 01.06.41Some of the world’s largest oil traders including Vitol Group, Morgan Stanley and Royal Dutch Shell Plc (RDSA) are asking a judge to stop the disclosure of millions of records gathered by the top U.S. commodity regulator during its nationwide investigation of the crude markets. The haul includes e-mails, depositions, trading records and audio files obtained by the U.S. Commodity Futures Trading Commission… Last month, four longtime traders on the New York Mercantile Exchange filed a lawsuit claiming they can prove that BP, Statoil and Shell conspired with other firms, including Morgan Stanley and Vitol, to manipulate Brent crude, a benchmark used to price more than half the world’s oil.

Screen Shot 2013-11-20 at 07.08.42

By Asjylyn Loder and Bradley Olson November 19, 2013

Some of the world’s largest oil traders including Vitol Group, Morgan Stanley and Royal Dutch Shell Plc (RDSA) are asking a judge to stop the disclosure of millions of records gathered by the top U.S. commodity regulator during its nationwide investigation of the crude markets.

The haul includes e-mails, depositions, trading records and audio files obtained by the U.S. Commodity Futures Trading Commission since its probe of the oil market began in December 2007. The companies are appealing an Oct. 25 order by U.S. District Judge William H. Pauley that would allow the handover of the trove to lawyers leading a civil case alleging market manipulation by firms controlled by Norwegian billionaire John Fredriksen. 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

Where angels fear to tread

It’s often said that the definition of insanity is doing the same thing over and over again but expecting different results. So what should we make of Royal Dutch Shell’s  decision to return to the Chukchi Sea? Is this pure folly, or is there method in Shell’s madness? A comedy of errors; Shell’s history in the Chukchi Sea reads like a rap sheet. Shell will have to make do without the albatross of its Kulluk rig, which the company has finally acknowledged is barely worth its value in scrap. That means another write-off in the fourth quarter of a few hundred million dollars, but, hey, who’s counting?

Screen Shot 2013-08-11 at 23.02.31

1 Way Shell Shouldn’t Emulate ExxonMobil

It’s often said that the definition of insanity is doing the same thing over and over again but expecting different results. So what should we make of Royal Dutch Shell‘s (NYSE: RDS-A  ) decision to return to the Chukchi Sea? Is this pure folly, or is there method in Shell’s madness?

A comedy of errors
Shell’s history in the Chukchi Sea reads like a rap sheet. Shell reached a settlement with the U.S. Environmental Protection Agency this September under which the company paid out $1.1 million for violations of the Clean Air Act. EPA cited “numerous violations” of Shell’s air permits. 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

Transocean’s Alaska rig contract with Shell starts July 2014

The Transocean rig effectively replaces Shell’s Kulluk, a drillship that ran aground in January while being towed south after a troubled 2012 drilling season for the company off Alaska.

Screen Shot 2013-01-29 at 14.38.10

Mon Nov 18, 2013 6:07pm EST

Nov 18 (Reuters) – Royal Dutch Shell Plc has a contract with Transocean Ltd for a drilling rig to start work off the coast of Alaska starting July of next year – in time for the state’s traditional Arctic offshore drilling season.

Confirmation on timing of the previously announced contract came in Transocean’s monthly fleet status report, released late on Monday.

Speculation about Shell’s intentions for Alaska next year has bubbled since an executive said at the end of October he expected to submit an Alaska exploration plan in a “few weeks,” with a focus on the Chukchi Sea. 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
%d bloggers like this: