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April, 2016:

Shell eyes $700 million exit from Gabon – sources

Apr 21st, 2016
by John Donovan.
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By Freya Berry and Ron Bousso

LONDON (Reuters) – Royal Dutch Shell <RDSa.L> is working on selling out of its onshore assets in Gabon, according to two sources familiar with the matter, seeking to refocus its African presence.

Bids are due in June for the fields, which one source estimated could be worth around $700 million (488.55 million pound). However the second person said that price indications were currently below Shell’s expectations and that no sale may occur.

“Shell continuously evaluates opportunities for our global portfolio in line with our business strategy,” a company spokesman said on Thursday. 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 Plc: Notice of 2016 Annual General Meeting

Apr 21st, 2016
by John Donovan.
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LONDON, April 21, 2016 /PRNewswire/ —

Royal Dutch Shell plc (the “Company”)(NYSE: RDS.A) (NYSE: RDS.B) announces that its 2016 Annual General Meeting (the “AGM”) will be held at the Circustheater, Circusstraat 4, 2586 CW The Hague, The Netherlands at 10:00 (Dutch time) on Tuesday May 24, 2016. The Notice of Annual General Meeting (the “Notice”) can be viewed and downloaded from http://www.shell.com/agm.

The AGM will be webcast on the day so shareholders unable to attend in person can still follow proceedings. More information about the webcast arrangements can be found in the Notice and via the website referred to above. 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 defies order to halt production at Nigeria facility – officials

Apr 20th, 2016
by John Donovan.
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YENAGOA, NIGERIA | BY TIFE OWOLABI: Wed Apr 20, 2016

Royal Dutch Shell has failed to halt production at the Gbaran Ubie oil and gas facility in southern Nigeria, contravening a court order for the site to be sealed and raising the prospect of legal action, state government officials said on Wednesday.

A Reuters reporter spoke to workers at the plant who also said production had continued.

A Shell (RDSa.L) spokesman declined to comment.

The facility, in the oil-rich southern Niger Delta region, supplies the Bonny liquefied natural gas (LNG) export terminal and also helps generate electricity, which is scarce in Africa’s top oil producer and most populous nation. 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 starts voluntary redundancy process for Dutch staff

Apr 20th, 2016
by John Donovan.
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Wed Apr 20, 2016

Shell said it had started a voluntary severance process in the Netherlands as part of a plan to cut around 10,300 jobs worldwide.

The oil company is under pressure to rein in costs as a slump in oil prices has hit its profits.

“Shell can confirm it has introduced a selective voluntary severance programme in The Netherlands,” a spokesman said.

The programme could be rolled out elsewhere and staff would be notified before external announcements are made, he said.

Shell has around 11,000 directly employed staff in the Netherlands. 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 offers well-paid office staff redundancy, hundreds of jobs to go

Apr 20th, 2016
by John Donovan.
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20 April 2016

Shell is offering office personnel earning more than €75,000 a voluntary package to leave the company, the AD says on Wednesday, quoting union and company sources.

The company hopes this will enable it to cut the workforce by hundreds of jobs without launching an official reorganisation, the paper says.

The offer has been made to staff at Shell’s training and R&D centres in Rijswijk and Amsterdam as well as at the Shell HQ in The Hague and at NAM, Shell’s natural gas joint venture with ExxonMobil. 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 SLASH 2,000 NETHERLANDS JOBS

Apr 20th, 2016
by John Donovan.
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by Janene Pieters: 20 April 2016

Shell is cutting some 2 thousand jobs in the Netherlands. The oil company aims to get rid of 15 to 20 percent of the abut 10 thousand employees working in Amsterdam and Rijswijk as part of a cost-cutting plan to cope with the low oil prices, AD reports.

The company launched a voluntary departure scheme. Office staff with a salary of 75 thousand euros per year or higher can resign voluntarily for compensation. Employees can register for voluntary departure until July 1st.

According to union FNV, Shell is hoping to avoid an official reorganization with the voluntary departure scheme. “Shell first wants to see whether enough employees volunteer”, director Egbert Schellenberg said to the newspaper.

Employees working at the Pernis refinery and the petrochemical complex in Moerdijk do not qualify for the voluntary departure scheme as those two branches already face staff shortages. 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.

Malabu Oil deal: EFCC quizzes SNEPCO boss over $1.092b settlement cash

Apr 20th, 2016
by John Donovan.
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20 April 2016

The Economic and Financial Crimes Commission( EFCC) has quizzed the Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCO), Mr. Bayo Bashir Ojulari over the controversial  Malabu oil block (OPL 245) deal.

The anti-graft agency is specifically seeking the whereabouts of $1,092 billion paid by SNEPCO and Nigeria Agip Exploration Limited (NAE) into an escrow account.

It was learnt that investigators were trying to determine last night whether the cash had been used  for the settlement of the dispute on the oil block or diverted elsewhere. 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.

Update from NAM on Shell/Exxon induced Dutch Earthquakes

Apr 19th, 2016
by John Donovan.
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Screen Shot 2016-04-19 at 20.31.49Update from NAM on Shell/Exxon induced Dutch Earthquakes

By John Donovan: 19 April 2016

Printed below in italics is a Google translation of information published in Dutch today by NAM, the Shell/Exxon Joint Venture company.

It is about the earthquakes inadvertently generated by NAM gas production activity in and around the Groningen Gas field in the Netherlands.

The damage arising from the earthquakes, which are expected to increase in intensity, will cost untold billions to deal with.

Maintaining current production level of 27 billion m3

On April 19th NAM published its proposal for future gas production from the Groningen gas field. It is the first step in a stepwise decision-making process that should lead before October 1, 2016 to a final government decision on gas production from the Groningen gas field. Given the complexity and societal concern about the earthquake record, the Minister of Economic Affairs has decided on extensive consultation with authorities, experts and residents for gas production decision. 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.

The caustic views of Sir Henri Deterding about lawyers

Apr 19th, 2016
by John Donovan.
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Screen Shot 2016-03-15 at 10.34.57By John Donovan

Today came news that Shell is slashing its panel of international law firms by 97%.

It therefore seems appropriate to reflect on the views about lawyers expressed by the extraordinary Dutchman most responsible for building Royal Dutch Shell into a global business: Sir Henri Deterding.

For some reason, although he was the undisputed head of the Royal Dutch Shell Group for almost 40 years, and said to be The Most Powerful Man in the World, his name now seems verboten at 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.

Exclusive: How ChemChina tried to gatecrash Shell’s BG mega-deal

Apr 19th, 2016
by John Donovan.
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Screen Shot 2016-03-15 at 10.28.52LONDON | BY DMITRY ZHDANNIKOV, FREYA BERRY AND RON BOUSSO: Business | Tue Apr 19, 2016

Chemical giant ChemChina approached BG Group with a possible bid late last year, just as Royal Dutch Shell was preparing to close a $52 billion deal to buy the British energy company, seven banking and industry sources with knowledge of the matter said.

Working with investment bank HSBC (HSBA.L), China’s most acquisitive company of the past year flew a delegation to Britain in December and approached BG Chairman Andrew Gould with plans for a full cash bid, two sources close to ChemChina said.

Shell and HSBC declined to comment. ChemChina did not immediately respond to requests for comment. Reuters could not reach Gould for comment.

That trip was eight months after Shell announced the energy sector’s largest deal in a decade and just weeks before the BG purchase received final anti-trust and shareholder clearances. 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.

Nick Goodway: Why do we pay Shell to extract our oil assets?

Apr 19th, 2016
by John Donovan.
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By Nick Goodway: 19 April 2016

My eye was caught yesterday by a document from Royal Dutch Shell snappily entitled Report on Payments to Governments for 2015. (I know, I don’t lead a very exciting life.) This is one of the myriad new reports that corporates are forced to release each year in the interests of greater transparency and good governance.

But for once, alongside the hundreds of such reports I have binned, there was some interesting stuff here. In short, the report details how much Shell paid to each government in the countries in which it operates in terms of their share of production, royalties, taxes and fees. 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 slashes external lawyers

Apr 19th, 2016
by John Donovan.
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Shell slashes global panel from 11 to six post-BG merger

Shell scraps 97 per cent of global panel

On the final letter received from Simmons & Simmons before they retreated from the melee, we ended up with someone too timid to even disclose their name. Weren’t they supposed to frighten us?

19 April 2016

Simmons & Simmons is one of the law firms given the boot by Shell.

I have no idea if this is anything to do with my correspondence with Simmons & Simmons a while back.

They were brought in by Shell, no doubt at great cost, to fend off our applications to Shell under the Data Protection Action 1998.

The information we were obtaining was causing immense damage to Shell. For example, we found out from Shell internal communications about the cloak and dagger activity directed towards us by Shell Corporate Affairs Security.    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.

Britain paid Shell to keep its North Sea oil fields running

Apr 19th, 2016
by John Donovan.
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Shell and Iberdrola have been found guilty of fraud and market manipulation in California’s energy market: MAURIZIO RELLINI/CORBIS

Screen Shot 2016-03-15 at 10.34.57Marcus Leroux: 19 April 2016

Britain was the only country where Royal Dutch Shell enjoyed a negative effective tax rate last year, according to a report released by the company.

While the second-largest oil group in the world paid billions to governments from Nigeria to Norway, the payments it received from the British government indicate the toll taken on Treasury coffers by the collapse in the price of oil.

Shell received a net $123 million (£86 million) from the UK government last year, largely because of changes to the tax system that entitled it to a rebate relating to its historic Brent oilfield. 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 moving some jobs from New Orleans to Houston

Apr 18th, 2016
by John Donovan.
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By Jennifer Larino, NOLA.com | The Times-Picayune: 18 APRIL 2016

Shell will relocate some jobs from New Orleans to Houston as it moves forward with plans to cut its global workforce by 10,000 employees and contractors. The company started cutting jobs last year in response to low oil prices.

Details are sparse on how the global cuts affect the roughly 1,900 workers based in One Shell Square in downtown New Orleans. Shell says it does not provide layoff counts by region. Workers close to the situation have reported that jobs may be moving to Houston in addition to cuts. They asked not to be named to protect their jobs. 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.

Botched Doha deal undermines OPEC credibility, oil prices tumble

Apr 18th, 2016
by John Donovan.
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By REUTERS: PUBLISHED: 18 April 2016

By Henning Gloystein

SINGAPORE, April 18 (Reuters) – Oil prices tumbled on Monday after a meeting by major exporters in Qatar collapsed without an agreement to freeze output, leaving the credibility of the OPEC producer cartel in tatters and the world awash with unwanted fuel.

Tensions between Saudi Arabia and Iran were blamed for the failure, which revived industry fears that major government-controlled producers will increase their battle for market share by offering ever-steeper discounts. 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.

Nigeria seals Shell’s Gbaran Ubie oil and gas facility on court order -statement

Apr 18th, 2016
by John Donovan.
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Mon Apr 18, 2016 8:15pm GMT

YENAGOA, Nigeria, April 18 (Reuters) – A Nigerian state government has sealed the Gbaran Ubie oil and gas production facility owned by Royal Dutch Shell on court orders, it said in a statement on Monday.

“The Gbaran Ubie facility was developed by Shell… in Bayelsa State without a development permit,” the government, based in the Niger Delta, said.

(Reporting by Tife Owolabi; Writing by Ulf Laessing; editing by John Stonestreet)

© Thomson Reuters 2016 All rights reserved 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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