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April, 2015:

Campaign to blacklist fossil fuel investments

Apr 26th, 2015
by John Donovan.
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Screen Shot 2015-04-26 at 18.47.58

According to an article published by The Financial Times on 26 April 2015:

“The Prince of Wales is the most prominent name to emerge from a Financial Times’ survey of British individuals and institutions that are shunning coal, oil and gas company holdings.”

The FT article – PRINCE CHARLES SHUNS FOSSIL FUEL INVESTMENTS – lists some of the internationally famous institutions, foundations, charitable trusts and eminent individuals, including Prince Charles, who, because of climate change, have turned against investing in fossil fuel companies such as Shell. 

The article suggests that the escalating movement against fossil fuel companies is comparable to the global campaigns against apartheid in South Africa (in which Shell was a prime target after propping up the apartheid regime) and the tobacco companies.  read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

FT: UK government warns BP over potential takeover

Apr 26th, 2015
by John Donovan.
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An article by George Parker and Christopher Screen Shot 2015-04-26 at 18.35.06Adams published 26 April 2015 by The Financial Times

UK government warns BP over potential takeover

Amid wider consolidation in the energy sector, triggered by the sharp fall in oil prices, Downing Street has informed BP and senior City figures that it wants the group to remain a British industrial champion with global reach.

SOURCE

Screen Shot 2015-04-09 at 00.19.50RELATED FT ARTICLE

UK ministers make Gallic gesture to keep the British in BP

Downing Street has discreetly let it be known in the City that it would oppose any takeover of BP, the British company that was weakened after the Gulf of Mexico oil disaster five years ago this week. BP declined to comment. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell to suffer profits plunge on oil price collapse

Apr 26th, 2015
by John Donovan.
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Screen Shot 2015-04-26 at 16.23.08An article by Christopher Williams published 26 April 2015 by The Sunday Telegraph

Shell to suffer profits plunge on oil price collapse

Dutch earthquake fears also trim gas production

Shell is expected to reveal this week that the collapse in the price of oil has wiped off two thirds of its first quarter profits.

The giant has been hit hard by the economic and geopolitical forces set against the price of oil, which at $65 per barrel costs little more than half as much as it did last summer, in spite of recent gains.

Analysts at JP Morgan said Shell is expected to report profits of £1.6bn, adjusted for one-off charges, compared with £4.8bn for the first three months of last year, when Brent crude was comfortably above $100 per barrel. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Predators circle with BP still stuck in deep water

Apr 26th, 2015
by John Donovan.
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Screen Shot 2015-04-15 at 15.59.22By Nick Fletcher published Sunday 26 April 2015 by The Observer/Guardian

Predators circle with BP still stuck in deep water

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Meanwhile, BP could also be put on the spot about its commitment to being more open about its impact on climate change, after 98% of shareholders at its recent annual meeting called for more transparency. The company agreed to publish more information, but stepped back from providing targets to curb its own greenhouse gas output.

SOURCE

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell takes hit of £3.2bn amid weak oil price as UK companies’ profit warnings go up

Apr 25th, 2015
by John Donovan.
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Screen Shot 2015-03-26 at 16.47.59

By JON REES, FINANCIAL MAIL ON SUNDAY: 26 April 2015

Screen Shot 2015-01-12 at 08.45.23Shell is expected to report this week that the weak oil price wiped two-thirds off its earnings in the first three months of the year.

The Anglo-Dutch oil giant, which has tabled a £46billion cash-and-shares deal to buy British gas explorer BG Group, is poised to report profits falling to £1.6billion from £4.8billion for the same period last year.

The price of a barrel of Brent crude oil, the benchmark for the oil industry which is denominated in dollars, has fallen from $115 (£76.60) a barrel last summer to $64 on Friday. Other oil indices have fallen too. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil firms face further cuts as low prices linger

Apr 24th, 2015
by John Donovan.
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Screen Shot 2015-01-29 at 13.58.27

Oil firms face further cuts as low prices linger

Commodities | Fri Apr 24, 2015 12:23pm BST

* Big oil using spending cuts to increase efficiency

* Q1 earnings set to drop by more than 50 pct, tracking oil price

* Strong refining margins set to continue

By Ron Bousso

LONDON, April 24 (Reuters) – Oil majors may need deeper cuts to oil and gas exploration and production spending as they grapple with an extended period of low crude prices.

The industry is expected to reveal another set of grim earnings for the first quarter when benchmark Brent prices averaged $55 a barrel, almost half the level of a year ago. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

SHELL’S COPS

Apr 24th, 2015
by John Donovan.
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Screen Shot 2015-02-17 at 13.58.15

EMAIL SENT TODAY BY FORMER SHELL E&P IRELAND SUPPLIER OSSL, TO THE IRISH POLICE ( THE GARDA) AND SENIOR SHELL EXECUTIVES, INCLUDING BEN VAN BEURDEN.

OSSL HAS BLOWN THE WHISTLE ON SHELL CORRUPTION OF SENIOR IRISH COPS NAMED BELOW AND IS NOW BEING INVESTIGATED BY THE SAME POLICE FORCE ON BEHALF OF THE IRISH DIRECTOR OF PUBLIC PROSECUTIONS FOR ALLEGED HARASSMENT. 

From: THE OSSL COMPANY <[email protected]>

Date: 24 April 2015 07:29:29 BST

To: “Belmullet.DistrictOffice” <[email protected]>, “<[email protected]>” <[email protected]>, [email protected], Commissioner <[email protected]>

Subject: police alcohol DPP has Belmullet Policewoman investigating Belmullet delivery with a …view to prosecuting the Shell vendor who delivered the Shell / Garda joint venture alcohol . read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

U.S. Maps Pinpoint Earthquakes Linked to Quest for Oil and Gas

Apr 24th, 2015
by John Donovan.
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Screen Shot 2015-04-24 at 07.40.31

Screen Shot 2015-04-24 at 07.46.46“Predicting risk is also hard, the report noted, because there is no scientific consensus on just how powerful such quakes can be. The report estimated the effects of shocks up to magnitudes 6 and 7, while noting that some scientists have speculated that the catastrophic 7.9-magnitude earthquake in China in 2008 was caused by human activity.”

Article bBy RICHARD PÉREZ-PEÑA PUBLISHED APRIL 23, 2015 BY THE NEW YORK TIMES

The United States Geological Survey on Thursday released its first comprehensive assessment of the link between thousands of earthquakes and oil and gas operations, identifying and mapping 17 regions where quakes have occurred.

The report was the agency’s broadest statement yet on a danger that has grown along with the nation’s energy production.

By far the hardest-hit state, the report said, is Oklahoma, where earthquakes are hundreds of times more common than they were until a few years ago because of the disposal of wastewater left over from extracting fuels and from drilling wells by injecting water into the earth. But the report also mapped parts of eight other states, from Lake Erie to the Rocky Mountains, where that practice has caused quakes, and said most of them were at risk for more significant shaking in the future. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Royal Dutch Shell Oil Platform ‘Polar Pioneer’

Apr 24th, 2015
by John Donovan.
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Screen Shot 2015-04-24 at 07.23.36

My name is Michael McNerney and I am retired Coast Guard having worked in Marine Safety. I’ve worked in the Puget Sound AOR and enjoyed working around the Maritime Environment and the ships that pass through.

I also take photo’s and this is just amazing to me to have this engineering marvel stop off in Port Angeles, WA awaiting its berth in Seattle’s Elliot Bay.

I thought that I would share a photo of your Platform in Port Angeles.

Michael McNerney

CWO4 (USCG-Ret)

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This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Sees Petrobras Emerging Stronger From Corruption Scandal

Apr 23rd, 2015
by John Donovan.
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Screen Shot 2015-04-08 at 08.12.04By Mario Sergio Lima and Rachel Gamarski published by Bloomberg.com 23 April 2015

Royal Dutch Shell Plc, poised to become Brazil’s biggest oil producer after Petroleo Brasileiro SA, said the state-run driller will emerge strengthened from a corruption scandal and the industry’s biggest debt load.

Speaking to reporters in Brasilia after meeting with President Dilma Rousseff, Chief Executive Officer Ben Van Beurden said Brazil probably will account for 20 percent of Shell’s output by the end of the decade after its planned $70 billion purchase of BG Group Plc. The Hague-based company would consider further growth opportunities in the country if they arise, he said. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell’s Brazil strategy factors in Petrobras scandal -CEO

Apr 23rd, 2015
by John Donovan.
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Screen Shot 2015-01-29 at 13.58.27

Screen Shot 2015-04-08 at 08.12.04Shell’s Brazil strategy factors in Petrobras scandal -CEO

Thu Apr 23, 2015 7:04pm BST

(Reuters) – Royal Dutch Shell Plc has taken into account the risks presented by the Petrobras graft scandal to its expanding operations in Brazil and is confident the Brazilian state-run oil company will emerge stronger, Shell’s CEO said on Thursday.

Chief Executive Ben van Beurden said oil production from Brazil’s offshore subsalt region will remain profitable, and predicted that oil prices will rise from the low levels of the past six months.

Van Beurden briefed Brazilian President Dilma Rousseff for 1-1/2 hours on Thursday on his company’s operations in Brazil, where Shell is set to become the second-largest oil producer following its April 8 agreement to purchase rival BG Group. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell to lay off staff, contractors in Norway

Apr 23rd, 2015
by John Donovan.
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Screen Shot 2015-01-29 at 13.58.27

Screen Shot 2015-03-13 at 08.12.19
Shell to lay off staff, contractors in Norway

Thu Apr 23, 2015 3:29pm GMT

OSLO, April 23 (Reuters) – Oil producer Royal Dutch Shell will lay off 120 of its 900 workers in Norway and reduce its contractor force by 140 from 350, as low oil prices force it to cut costs, it said on Thursday.

Shell said 100 of the staff cuts would be at its headquarters in Stavanger on Norway’s west coast while 20 jobs would be eliminated at its operations department in Kristiansand.

Oil firms in Norway are expected to cut investments by around 15 percent this year, the industry’s lobby group predicted earlier. Spending could fall further in 2016 as energy firms hold back future developments after crude prices halved. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

How The Majors Are Playing The Oil Price Slump

Apr 23rd, 2015
by John Donovan.
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Screen Shot 2015-04-13 at 09.05.09

Screen Shot 2015-02-01 at 14.48.37Article by Nick Cunningham published 22 April 2015 by OilPrice.com

How The Majors Are Playing The Oil Price Slump

The largest oil and gas companies are employing different strategies to weather the downturn and plan for the future. Each strategy has its risks, and not all may work out. Which companies will emerge stronger after an oil price rebound and which will fall further behind because of bad decisions?

There are different ways to play a down cycle. With oil prices half of what they were in 2014, revenues are significantly lower for everyone across the board. As a result, the oil industry has collectively implemented an estimated $114 billion in spending cuts. But oil executives are also trying to figure out how to grow over the next five or ten years. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Oil sued for allegedly firing woman on maternity leave

Apr 23rd, 2015
by John Donovan.
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Screen Shot 2014-10-30 at 09.22.43By Annie Cosby: Published 31 March 2014 by The South East Texas Record

A Harris County woman is suing over claims her employment was unfairly terminated.

Nicole L. Ryder filed a lawsuit March 21 in the U.S. Court for the Southern District of Texas (Houston Division) against Shell Oil Co. and Shell Exploration & Production Co., citing violation of the Family and Medical Leave Act.

According to the complaint, Ryder began employment with Shell in June 2008.  In August 2011, Ryder entered a Restricted Cash Agreement to Serve with Shell.

“Under that Agreement, in exchange for a retention payment of $60,300 to be paid at the conclusion of the retention period, Ms. Ryder agreed to remain employed at Shell through July 31, 2013,” the suit states. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell, Exxon set the scene for future oil-price shock after $US114 billion cuts

Apr 22nd, 2015
by John Donovan.
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Screen Shot 2015-01-02 at 23.58.26Article by Bradley Olson published 22 April 2015 by The Sydney Morning Herald

Shell, Exxon set the scene for future oil-price shock after $US114 billion cuts

As the oil patch grows accustomed to a new world of $US50 to $US60 crude, it’s now looking ahead to a different but equally daunting sort of cliff.

Oil companies are warning there will be a price to pay – a much higher price – for all the cost cutting being done today to cope with the collapse in the crude market. Big projects intended to start pumping oil and natural gas 5 to 10 years from now are being canceled or put on hold as the price crash forced $US114 billion in spending cuts on the industry. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

ABRUPT EXIT OF SHELL TREASURER ANDY LONGDEN

Apr 22nd, 2015
by John Donovan.
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Screen Shot 2015-04-13 at 16.04.38POSTING ON OUR SHELL BLOG BY “ANONYMOUS SOURCE”

ABRUPT EXIT OF SHELL TREASURER ANDY LONGDEN

I believe that high profile gaps in Andy’s broad scope of his roles & responsibilities (R&R), 12 years in the same role, (too long for a senior executive), loss of key sponsor(s), and the perceived need for a game changer that delivers on Ben’s strategy, new operational approach, and heavier (Treasury, M&A, Pensions, and governance) Finance footprint, might have been key in his departure.

Also, remember that Andy and Ben Van Burden come from very different backgrounds. Ben is a Shell homegrown senior leader (with 30+ years), while Andy is an experienced hire. Common knowledge is that the retention history for experienced hires senior leaders is poor at Shell. Why? My understanding is that because Shell is a relationship company, many experienced hires are unable to adequately fit in and build the mentor/sponsor /other relationships that are critical for success in the company. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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