Royal Dutch Shell Plc .com Rotating Header Image

January, 2016:

Climate Deal’s First Big Hurdle: The Draw of Cheap Oil

Jan 26th, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-26 at 08.04.15

By CLIFFORD KRAUSS and DIANE CARDWELL: A version of this article appears in print on January 26, 2016, on page A1 of the New York edition

Barely a month after world leaders signed a sweeping agreement to reduce carbon emissions, the global commitment to renewable energy sources faces its first big test as the price of oil collapses.

Buoyed by low gas prices, Americans are largely eschewing electric cars in favor of lower-mileage trucks and sport utility vehicles. Yet the Obama administration has shown no signs of backing off its requirement that automakers nearly double the fuel economy of their vehicles by 2025. 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.

Does the Shell/BG Group Deal Make Sense With Oil at These Levels?

Jan 25th, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-25 at 21.08.04

On April 8, 2015, Royal Dutch Shell (NYSE:RDS-B) announced the terms of an agreement to buy BG Group for 383 pence in cash (or $5.51 per share) and 0.4454 Shell B Shares. If shareholders of both companies approve the deal when they vote on Jan. 28 and 29, the combined company will become the largest publicly traded LNG producers in the world, with more than double the reserves of ExxonMobil (NYSE:XOM). And it would catapult Shell into becoming the world’s second-largest non-state oil company in the world from a market cap perspective, ahead of Chevron (NYSE:CVX).  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 Far Will BP plc And Royal Dutch Shell plc Fall If The Oil Price Reaches $20 A Barrel?

Jan 25th, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-25 at 20.54.49

Screen Shot 2016-01-25 at 20.55.55

The share prices of these giants could halve… My investment advice for both companies is unequivocal. STEER. WELL. CLEAR.

By Prabhat Sakya – Monday, 25 January, 2016

Isn’t it interesting how, whenever there’s any news, we tend to jump on the negative side rather than the positive? As a commuter, I drive many thousands of miles every year. That’s why it’s great for me that the oil price is falling. And alongside the hundreds of pounds I’m saving on my daily commute, I’ll save a pretty penny on my heating bills over the next few years. Cheap fuel allows the global economy to run more cheaply, and that benefits consumers around the world. 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 prices in reverse amid Opec call

Jan 25th, 2016
by John Donovan.
No comments yet

Screen Shot 2015-12-11 at 22.40.14

Screen Shot 2016-01-25 at 20.47.43

Screen Shot 2015-12-28 at 09.10.45

Oil prices tumbled again on Monday, eroding last week’s gains, as Opec called for co-operation from oil-producing nations outside the cartel.

Brent crude fell 4.1% to $30.86 a barrel following a 10% rise on Friday, while US oil shed 4.7% to $30.68.

The slide came as the head of Opec called for all oil-producing nations to work together.

Abdullah al-Badri said both Opec and non-Opec oil producers needed to tackle oversupply to help prices rise.

“It is vital the market addresses the issue of the stock overhang. As you can see from previous cycles, once this overhang starts falling then prices start to rise,” he told a conference in London. 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 re-opens Nigeria’s Trans Niger Pipeline shut since Nov

Jan 25th, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-07 at 22.31.30

Screen Shot 2015-11-20 at 08.55.47Shell re-opens Nigeria’s Trans Niger Pipeline shut since Nov

LONDON Jan 25 (Reuters) – Royal Dutch Shell said on Monday that is had re-opened a key oil pipeline in Nigeria that had been shut since late November.

The Trans Niger Pipeline, or TNP, which carries Bonny Light crude oil to the export terminal had re-opened “in recent days,” a Shell spokeswoman said by email.

The pipeline remained closed while the company investigated an incident on Nov. 22 in which four contractors died during an operation to remove crude oil theft points.

The closure of the pipeline had led to loading delays of up to 10 days, according to traders. 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 BG Arbitrage Fades as Investors Look Set to Back Deal

Jan 25th, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-25 at 13.01.36

Screen Shot 2015-12-23 at 09.03.45By Rakteem Katakey and Ryan Chilcote: Bloomberg.com: 25 JAN 2016

Royal Dutch Shell Plc is on the brink of completing its biggest acquisition as shareholders look set to back its purchase of BG Group Plc.

Risks to the deal completing have almost disappeared. The discount of BG’s shares to the offer price narrowed to a record low of 2.2 percent on Monday after some of Shell’s top shareholders and advisory firms backed the transaction this month. It was at 12.5 percent on Dec. 21.

Screen Shot 2016-01-25 at 19.38.51

Shell’s acquisition, the industry’s biggest in at least a decade, came under scrutiny after oil prices fell by half from about $60 a barrel the day before it was announced in April. The slump, which Shell Chief Executive Officer Ben Van Beurden expects to be prolonged, previously kept BG’s discount to the offer from narrowing as some investors questioned whether Europe’s biggest oil company was paying too much. That’s changing as shareholders come round to Shell’s view on the long-term rationale of the purchase. 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.

Shareholder green light expected for Shell BG merger

Jan 25th, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-25 at 09.10.00

MARTIN FLANAGAN: Monday 25 January 2016

Major investors are expected to back Shell’s troubled £36 billion takeover of rival BG Group this week despite reservations that the plunging oil price has made the deal less attractive than when first unveiled last year.

David Cumming, head of equities at Edinburgh-based Standard Life Investments, has been one of the most high-profile opponents of the merger, calling it “value destructive for Shell shareholders”.

Some other institutional investors also have concerns about the terms of the deal in the current depressed climate for the oil industry, and it is thought the Shell shareholder vote on Wednesday and BG vote on Thursday could be close. 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, Eni in fresh trouble as Nigeria begins moves to withdraw OPL 245 from Malabu, Dan Etete

Jan 25th, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-25 at 08.23.11

By Idris Akinbajo and Joshua Olufemi: 25 JAN 2016

The Nigerian government is set to retrieve one of Africa’s richest oil blocs from oil giants, Shell and Eni, PREMIUM TIMES has learnt.

Not only will the two oil giants lose OPL 245, should President Muhammadu Buhari approve the recommendations, they will also be fined billions of dollars for illegal activities, including paying money to fraudulent public officials and private citizens in order to secure the bloc.

The retrieval of the controversial oil bloc, estimated to contain about 9 billion barrels of crude, as well as placing heavy fines on the oil giants, is contained in a far-reaching recommendation by the office of the Director of Public Prosecution, DPP, Mohammed Diri. 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.

20 years after gas discovery, Corrib opens in north Mayo

Jan 24th, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-24 at 20.38.25

Lorna Siggins: 24 JAN 2016

The €3.5 billion Corrib gas development is due to be opened by Minister of State for Natural Resources Joe McHugh on Monday, almost 20 years after the gas discovery was reported off the north Mayo coast.

Taoiseach Enda Kenny had been earmarked for the invitation-only event, but will be at Downing Street in London. Corrib shareholders Shell, Statoil and Vermillion are hosting a plaque unveiling and lunch in Belmullet, almost 15km from the gas refinery.

While much of the town’s focus is currently on sale of the €13.7 million winning Lotto ticket in Carey’s newsagent, the project opening represents a significant milestone. 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 white elephant?

Jan 24th, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-24 at 12.02.42

Sunday 24 January 2016 09.00 GMT

Oil workers in Aberdeen will be watching events in the Hague this coming Wednesday as closely as anyone.

They will be hoping that some miracle occurs so that Dutch and other international investors in Shell suddenly swing against the £35bn merger with rival BG that is coming up for a final vote.

Ben van Beurden, the Shell chief executive, will almost certainly win the day and that could result in many Scottish oil workers being sacrificed in a blitz of job cuts needed to justify the tie-up. 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 plan to take over BG is still in the pipeline

Jan 24th, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-20 at 08.25.27

Screen Shot 2016-01-24 at 11.47.11

Screen Shot 2015-12-23 at 09.03.45Sunday 24 January 2016 08.59 GMT

It’s nine months since Shell announced it was buying BG Group in an agreed £47bn deal and almost everything has changed. Back in April, the oil price appeared to be recovering from its fall below $50 a barrel but the price has since plunged below $30. The International Energy Agency warned last week it could fall further in a world “awash” with oil.

Shell and BG shareholders vote on the takeover this week but, despite the industry’s dire state, they will approve the deal, now worth £35bn to reflect Shell’s depressed share price. This is partly due to faith in the ability of Shell’s chief executive, Ben van Beurden, to make it work. It’s also because most big shareholders don’t want to rock the boat in public with a company as powerful as Shell. Only Standard Life has broken ranks by declaring it would vote against. 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.

Shareholders smile on Shell-BG tie-up

Jan 24th, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-11 at 14.40.44

Screen Shot 2016-01-24 at 11.40.25

Screen Shot 2016-01-20 at 08.29.05Dominic O’Connell Published: 24 January 2016

ROYAL DUTCH SHELL is expected to seal its takeover of rival oil and gas producer BG this week, with shareholders of both companies likely to vote in favour of the tie-up.

The deal, the largest in oil and gas for a decade, will create a British giant, bringing together companies with market values of £89bn (Shell) and £33.5bn (BG).

Some Shell investors have criticised the deal and vowed to vote against it, saying the tumbling oil price has made it unattractive. Shell’s boss Ben van Beurden has said oil needs to be above $60 a barrel over 20 to 30 years for the deal to pay off. Brent crude closed last week at $32.18 a 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.

Shell-BG deal set to get the green light this week

Jan 24th, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-24 at 08.37.13

By GEOFF HO: Sun, Jan 24, 2016

Since the Anglo-Dutch oil giant unveiled its recommended takeover offer for BG last April, the price of crude oil has continued its descent and is now 41 per cent lower than when the deal was announced.

Screen Shot 2016-01-24 at 08.40.14On Friday the price of Brent crude oil closed at $31.18 (£21.86).

The collapse in the price of oil has led a number of Shell’s key investors, such as Standard Life Investments, to question whether or not it should proceed.

Despite their concerns, a number of them also own shares in BG and are believed to be prepared to approve the deal, reasoning that the two firms would be stronger together. 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 £36bn bid for BG is set to get boost from Brazil

Jan 23rd, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-23 at 22.57.16

By Jon Rees For The Mail On Sunday: 24 JAN 2016

Shell’s bid to acquire BG Group has been given a boost by news from Brazil that a much feared tax hike will be avoided.

Fears of a larger tax bill on oil groups operating in Brazil had caused some investors to oppose the £36billion takeover of BG, which will create a group with major assets in the South American country.

Brazil’s National Energy Policy Council will this week announce that it will continue with the same way of calculating royalties due from oil and gas. 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.

BG investors should approve the Shell takeover even as the oil price languishes

Jan 23rd, 2016
by John Donovan.
No comments yet

Screen Shot 2016-01-23 at 22.46.29

By Joanne Hart for The Mail on Sunday: 24 JAN 2016

It is crunch time for investors in BG Group. Last April, it unveiled a recommended £47billion takeover by Royal Dutch Shell. This week, more than nine months later, both firms are asking shareholders to approve the deal.

It has been an eventful gestation period. The oil price has virtually halved and Shell shares have moved in tandem, sliding from 2208p to 1388p.

The slump is important because the Shell offer is a mix of cash and stock – 383p in cash and 0.4454 Shell B shares for every BG share. 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.

BG GROUP BEING TAKEN OVER BY A COMPANY WITH A TOXIC NAZI HISTORY: SHELL

Jan 23rd, 2016
by John Donovan.
No comments yet

Screen Shot 2016-04-18 at 18.08.56

PROOF IS PROVIDED IN THE BOOK THAT THE NAZIS ATTEMPTED TO SEIZE CONTROL OF ROYAL DUTCH SHELL. I HAVE THE PERMISSION OF THE UK NATIONAL ARCHIVE TO PUBLISH THE EVIDENCE.

By John Donovan

In a matter of days, I will be publishing an e-book entitled “Sir Henri Deterding and the Nazi History of Royal Dutch Shell.”

Publication is timed to coincide with another momentous episode in the history of Royal Dutch Shell –  the vote on the Shell BG Group merger.

SUMMARY OF MAIN CONTENT

In the years leading up to WW2, the Dutch founder of the Royal Dutch Shell Group, Sir Henri Deterding became an ardent Nazi. He financially backed the Third Reich and met directly with Hitler on behalf of Royal Dutch Shell. 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.
← Earlier Posts Newer Posts →
Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.