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Posts from ‘October, 2014’

Total CEO’s Larger-Than-Life Character Respected Across Energy Industry: Shell CEO

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Royal Dutch Shell’s CEO Ben Van Beurden speaks during a press conference.

MOSCOW, October 21 (RIA Novosti) – French oil and gas company Total CEO Christophe de Margerie was a larger-than-life character that was respected across the energy industry, energy group Shell CEO Ben van Beurden told RIA Novosti on Tuesday.

“I’m extremely sad to hear about the tragic loss of Christophe de Margerie. Christophe was a larger than life character, a leader respected across the energy industry and a friend,” Beurden said.

“My thoughts are with his wife and family, and his many thousands of colleagues at Total,” he added. 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 Midstream Partners files for $750M IPO

Screen Shot 2014-02-10 at 16.29.29NEW YORK — Shell Midstream Partners LP filed for an initial public offering that could be worth about $750 million before expenses and discounts. Shell Midstream was formed by Royal Dutch Shell, and it will focus on acquiring pipelines and other midstream assets. Shell Midstream’s assets include stakes in Zydeco Pipeline Co., Mars Oil Pipeline Co., and Bengal Pipeline Co., which all operate in Louisiana, Texas, and Mississippi.

Read more here

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

Mixed Reaction to Shell’s Carousel Cleanup Proposal

Screen Shot 2014-10-20 at 22.21.25Extracts from an article in  the Daily Breeze.

Shell Oil Co.’s new $146 million proposal to remove contaminated soil beneath Carson’s Carousel Tract neighborhood has earned a thumbs-up from city officials, who until now have vigorously fought the oil giant’s cleanup plans.

Carson officials praise the plan because it includes an offer to temporarily relocate residents in hotels while 161,700 cubic yards of petroleum-soaked dirt are dug up from yards and trucked out. It also contains a guarantee that residents will get fair-market value if they sell their homes, despite the contamination history. 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

Mixed Reaction to Shell’s €750,000 investment in Irish Broadband

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By John Donovan

The Irish Examiner reports that Shell has announced that it will provide high quality broadband for Mayo and Galway in Ireland. The 132 kilometres of high capacity fibre optic cable will run alongside the Corrib Gas pipeline. The Irish Prime Minister Enda Kenny was present and gushing at the launch.

However, by a sheer fluke, “some people in the towns of Rossport and Pullathomas, north of the terminal, who have battled the pipeline for almost a decade, won’t see any of the benefit.” Betty Schult of the Kilcommon Lodge in Pullathomas told TheJournal.ie that the move is “propaganda”. “It’s a pittance in comparison to the damage they have done to the environment. It’s beside the point. (Extracts from a news report in the journal.ie) 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 Arts Sponsorship Protest at the National Gallery

By John Donovan

Royal Dutch Shell has suffered a string of PR debacles. 

In October 2013, Shell Out Sounds, a group of singers, musicians and activists who opposed Shell’s sponsorship of Southbank Centre, staged an unsanctioned performance from the Royal Festival Hall’s choir seats in protest of a Shell Classic International concert. 

The campaigners condemned the so-called ‘oil-branded concerts’ and condemned Shell for its record of environmental damage.

The venue dropped Shell: “Campaigners celebrate end of Shell’s Southbank sponsorship”Screen Shot 2014-10-19 at 17.18.29 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 15 page confidential statement about OSSL allegations

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By John Donovan

I have provided a link to a 15 page document dated 3 October 2014, which Shell supplied to OSSL, the Irish company that has made serious allegations against Shell.

The information in the document may be of interest to some readers who have followed the long running saga and likewise newspapers and TV and radio stations who have covered the story.

As will be seen, Shell repeatedly states that OSSL has demanded money from them when all claims by OSSL against Shell have, according to Shell, already been settled.  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

Michiel Brandjes a key executive at Royal Dutch Shell

Screen Shot 2014-02-10 at 16.29.29By John Donovan

On 12 October 2014, The Sunday Times Business Section published a front page article about the departure of Jonathan Lloyd, the company secretary of Tesco:

See Tesco turmoil grows as key executive quits

His position at Tesco seems to have been identical to MIchiel Brandjes, the Company Secretary and General Counsel Corporate of Royal Dutch Shell Plc.

“…Lloyd was listed as part of the board on Tesco’s website…” He advised the board on legal and governance issues. 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

Oil Price Slump

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By John Donovan

I have already highlighted the recent wishful prediction by Shell CEO Ben van Beurden that oil will return to “very robust” pricing in the long-term.

We have all witnessed the subsequent slump in oil prices.

Some extracts from a current Bloomberg article:

The global crash in crude prices is reverberating through the oil and gas industry, pressuring producers to curtail investment to protect profits and avoid cuts to dividend payments.

Exxon Mobil Corp., Royal Dutch Shell Plc and Total SA are already paring back as new investment fails to yield positive returns. 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

Royal Dutch Shell News 15 Oct 2014

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By John Donovan

WHISTLEBLOWER ALLEGES ROYAL DUTCH SHELL TAX EVASION IN NIGERIA 

A former manager of Shell Production Development Company in Nigeria has accused Shell of massive tax evasion. He also alleges that the Nigeria Economic and Financial Crimes Commission demanded a bribe from him as part of a related cover-up plan for Shell. The whistleblower also claims that his safety is in jeopardy. All strangely reminiscent of allegations surrounding the Corrib gas project in Ireland. MORE INFORMATION HERE.

SHELL FIRE SALE OF NIGERIAN ASSETS

A consortium led by Aiteo Group has won the auction for Shell oil block OML 29 in Nigeria, with a bid of N434b. The total cost of the acquisition is said to be $2.7 billion, allowing for working capital. MORE INFORMATION 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 legal machinations over Nigeria in the London High Court

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On 8 October, the High Court in London blocked an agreement between the oil giant Shell and the UK law firm CW Law in relation to thousands of Nigerians, which the Marble Arch based law firm claimed it represented, in a dispute over oil spills in Nigeria.

CW Law was accused, by law firm Leigh Day, of unlawfully entering into settlement talks with Shell Petroleum Development Company (SPDC) on behalf of many villagers of Bodo, in the Niger Delta, who they didn’t represent and who were not clients of the firm. 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

Will Shell try to crush Greenpeace again?

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By John Donovan

James Delingpole of Breitbart fame,”the world’s best political blogger”, says in an outspoken article about the Greenpeace Lego victory over Shell, that the oil giant should “crush” Greenpeace, who he describes as bastards.

Obviously not a man to mince his words. 

It is an article well worth reading. He is a brilliant writer.

SHELL OIL, LEGO, GREENPEACE AND THE ENVIRONMENTAL MOVEMENT’S WAR ON CAPITALISM

Some extracts

For too long, big businesses like Shell have sought to escape the attentions of leftist attack dogs like Greenpeace (much as shopkeepers in Little Italy used to pay protection money to the Mob) by paying lip service to all the green orthodoxies and sponsoring worthy green causes. But it just doesn’t work because however much greenwashing it attempts, Shell will always be an oil company. And Greenpeace will always hate it – and try to destroy it – because Greenpeace hates oil companies. So the first step towards escaping this cycle of humiliation is to recognise who your enemy is and, instead of appeasing him, to face up to him and crush him. Trust me, Shell. It’s the only language these bastards understand. 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 Drilling: a spectacular failure of good judgment by Shell

Screen Shot 2014-08-06 at 09.25.26Kim Elton accuses Shell’s management of “a spectacular failure of good judgment” and points out that “Company managers ordered the Kulluk towed south through the winter-storm-lashed Gulf of Alaska before the 2013 new year — partly to avoid Alaska taxes.”

By John Donovan

Kim Elton, a former senior adviser to the U.S. Department of the Interior, who was involved in oversight of Shell’s 2012 Arctic drilling plans, has made some very blunt comments about the debacle. 

Kim admits that she “fell for Shell’s promise that their drill fleet was ready to tackle the Arctic.”

She says Shell’s “dive into the Arctic Ocean was a spectacular belly flop”and lists the disastrous chain of events, reminding us that “Shell incurred more than $1 million in fines for air quality violations.” 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

EU investigates price fixing in energy markets

Screen Shot 2014-06-22 at 18.53.03The latest development follows the Libor rigging scandal and the raids carried out in May 2014 on the oil majors BP, Shell and Statoil, seeking evidence of manipulation of oil prices.

By John Donovan

On Tuesday, investigators for the EU Commission raided several companies producing and trading in biofuels.

According to the commission, the surprise inspections resulted from possible collusion when submitting price information to a price reporting agency.

The latest development follows the Libor rigging scandal and the raids carried out in May 2014 on BP, Shell and Statoil, in an investigation seeking evidence of oil price manipulation.

More information can be found in a Financial Times article by Alex Barker: 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 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 John Donovan

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. 

According to Catherine Boyle of CNBC, Ben van Beurden, Shell’s current CEO is confident that oil will return to “very robust” pricing in the long-term.

This is despite the fact that as a result of increased production by Saudi Arabia and the USA, Brent crude dropped to less than $93 a barrel last week, the lowest price for two years.  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

Lego surrender in Greenpeace anti-Shell Arctic drilling campaign 

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By John Donovan

The Greenpeace campaign demanding that Lego should end its 50 year partnership with Shell has resulted in a surrender by Lego.

According to a Guardian article published today, the toymaker will not renew the current multimillion pounds deal for Shell branded Lego to be sold at Shell petrol stations in 26 countries. 

Lego had previously resisted the relentless Greenpeace campaign protesting about Shell’s plans to drill in Arctic waters.

The campaign targeting the world’s biggest toy maker, included a popular YouTube video – “Everything is not awesome” – which has attracted nearly 6m views.  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

Earthquakes shake NAM, the Shell/Exxon joint venture 

Screen Shot 2014-10-01 at 20.37.24Earthquakes linked to extraction in the area have led to a public backlash and a new production plan for the field will be presented by July 1, 2016. The venture has set aside 100 million euros for claims and has paid out about 50 million euros so far.

Extracts from a BloombergBusinessweek article

The Slochteren field is operated by the Nederlandse Aardolie Maatschappij BV, or NAM, the Dutch gas-production venture of Royal Dutch Shell Plc and ExxonMobil Corp.

Earthquakes linked to extraction in the area have led to a public backlash and a new production plan for the field will be presented by July 1, 2016.

The venture has set aside 100 million euros for claims and has paid out about 50 million euros so far.

The government will also need to spend about 1.2 billion euros to compensate for houses and buildings damaged by temblors in the area of the field. 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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