News and information on Royal Dutch Shell Plc
Shell, Petrobras units probed for Brazil price-fixingRIO DE JANEIRO (Reuters) – Brazil’s three largest fuel distribution companies are under investigation for fixing prices at the pump, police said on Tuesday…
Shell to make final investment call on Nigeria oilfield in 2019: official
John Donovan in 1999
You would have thought that any visitor to the website would quickly realize that the site was not operated by Shell. There has always been a disclaimer pointing this out on every webpage. It should also be obvious from other content on the home page.
Nonetheless, it seems that some people still form the impression that it is the official Shell website. We receive all manner of email meant for Shell. It includes hundreds of job applications, business proposals, Shell pension enquiries, shareholder enquiries, complaints, invitations to speak at conferences, and correspondence from the Dutch Defence Ministry and the UK National Maritime Museum.
John Donovan (above) forced name change of worlds biggest ship hired by Shell in 2013
Allseas Shipping Billionaire Edward Heerema, the unlikely victim of scam artists, has admitted in any interview that the only time he has retreated in a battle, is when he agreed to change the name of the worlds biggest ship, originally named after his father Pieter Schelte Heerema.
As regular visitors here are aware, this website and its owner John Donovan played a major role in the campaign against the original Nazi tainted name.
It is to the credit of Edward Heerema that he reluctantly made the change despite his wish to honour a father for whom he had great admiration for his considerable engineering achievements after WW2.
Shell, which has its headquarters in the Netherlands, does business in more than 70 countries: TORU HANAI/REUTERSEmily Gosden, Energy Editor: 27 July 2018
Royal Dutch Shell launched a long-awaited $25 billion share buyback plan as it sought to shrug off disappointing second-quarter results.
The Anglo-Dutch energy group insisted it had had a “very good quarter” as profits excluding exceptional items rose to $4.7 billion, up from $3.6 billion a year earlier, aided by higher oil and gas prices.
The result was significantly below analysts’ expectations of almost $6 billion, however, because of factors including foreign exchange effects and rising operating costs.
You oil investors are one tough crowd. I mean, what do you want, really?
On Thursday morning in Europe, Royal Dutch Shell Plc finally came around and gave the masses what they had been shouting for: a $25 billion buyback program. The masses promptly dumped the stock. On Thursday morning in America, ConocoPhillips announced a slew of forecast-beating results, having recently boosted its own buyback program by $1 billion. But it also said it was raising its full-year investment budget by $500 million. Pearls were duly clutched and “sell” buttons pushed (the stock had moved into slightly positive territory as of writing this).
Oil giant Royal Dutch Shell posted a 30 percent increase in net profit in the second quarter of 2018 and announced a $25 billion share buyback program. Net income attributable to shareholders on a current cost of supplies (CCS) basis, used as a proxy for net profit, and excluding identified items, came in at $4.69 billion, up from $3.6 billion seen in the same quarter a year ago. The earnings fell short of an analyst consensus of $5.967 billion, however, Reuters reported. The company said the earnings “reflected increased contributions from Integrated Gas and Upstream, partly offset by lower earnings in Downstream.” FULL ARTICLE
By Kelly Gilblom: 26 July 2018, 07:21 BST. Updated on 26 July 2018, 08:40 BSTRoyal Dutch Shell Plc finally gave investors the share buybacks they’ve been demanding, even as profit fell short of expectations despite resurgent crude prices. The Anglo-Dutch energy producer said Thursday that it is starting a $25 billion share-repurchase program, initially buying up $2 billion of stock over three months. That should soothe investors who have grown increasingly anxious about when they’ll see the reward for sticking with Shell through the biggest oil-industry downturn in a generation. FULL ARTICLE
Royal Dutch Shell has triggered the start of a long-awaited £19bn ($25bn) share buyback scheme that will reward patient investors over the next two years.
The oil major will kick off the payday by distributing $2bn over the next three months for those shareholders who accepted shares rather than dividends during a downturn in the oil price two years ago.
As the crude market has recovered, Shell has prioritised paying down debt and selling off $30bn in assets over repurchasing the dividend scrips.
Don Marketing Director John Donovan, Shell Mastermind Game 1984
By John Donovan
I recently published an article entitled: Shell Wages Legal Fight Over Web Domain Name royaldutchshellplc.com (the headline of a Wall Street Journal article published in 2005).
The negative outcome for Shell – it lost the case – has had long-term humiliating consequences, which continue to this day.
On a daily basis, ever since, we receive emails meant for Shell. These include job applications, shareholder and pension enquiries, invitations to make speeches, and numerous business proposals, including offers to sell oil wells. We have even received terrorist threats.
SHELL SOLICITED THE INVOLVEMENT OF THE ARMED FORCES AND ENCOURAGED HUMAN RIGHTS ABUSES IN OGONILAND WITH PAYMENTS AND ASSISTANCE TO THE SECURITY FORCES (See Page 3 of the document cited immediately below)During the military raids on Ogoni villages in 1994 and in the detention centres of Bori Military Camp and Kpor, soldiers raped women and girls. Human Rights Watch recorded several accounts in its 1996 report.120 One woman told researchers that she watched as two soldiers raped her 13-year-old sister at gunpoint during a midnight raid on Bori around June 1994. A woman in her late thirties gave a harrowing account of her rape by five soldiers on the morning of 28 May 1994. A teenager said she had been raped by four soldiers whom she and her younger sister encountered one morning in June 1994, as they were returning from a well near their house:
Royal Dutch Shell is under pressure to repay its investors’ patience this week by beginning a bumper $25bn (£19bn) share buy-back plan. The oil giant issued shares to existing investors instead of paying out dividends when oil prices were low as it sought to hang on to cash. As the crude market has recovered, Royal Dutch Shell has so far prioritised debt reduction over repurchasing the dividend scrips. But expectations are high that its quarterly report on Thursday could signal the start of buy-backs. FULL ARTICLE
Speculation by retired Shell experts: Is all well with the Shell Prelude FLNG Project? There have been past dire warnings about potential safety issues relating to the Shell Prelude FLNG Project, including from a knowledgable insider source, who supplied information and photographic evidence to support various allegations.
The LNG tanker Gallina visited Prelude in Mid April, and again in June, with transfer of LNG for purpose of cooling tanks etc, nothing unusual there other than it seems to be taking an awful long time.
Also here is a Project falling over itself in the early days to tell the world how wonderful things were going, but now there appears no update news at all on how the commissioning is going?
By Zoltan Ban: 20 July 2018
By: Carl Surran, SA News Editor: 20 July 2018
By Bobby Magill: July 20, 2018
If Royal Dutch Shell Plc wins a federal lease to build an offshore wind farm in New England this fall, the company will be the first oil major with experience drilling in U.S. waters to enter the fledgling domestic offshore wind market. Shell’s interest in U.S. offshore wind development is seen within the industry as marking a shift toward the mainstream of the domestic energy sector, as offshore wind strengthens ties with the oil industry while harnessing one of the nation’s largest untapped sources of carbon-free electricity.
CAIN BURDEAU: July 19, 2018
CASTELBUONO, Sicily (CN) – Nigeria could learn Friday at a court in Milan whether it can pursue damages against oil giants Shell and Eni in a sprawling international corruption case.
The trial centers on a $1.3 billion bribery deal Royal Dutch Shell Plc. and Italy-based Eni S.p.A. executives allegedly entered into in 2011 with Nigerian officials, including then-President Goodluck Jonathan, to purchase a much-coveted oil field off the coast of Nigeria.
In December 2017, Italian judges in Milan ordered the companies and a number of individuals, including top executives at Shell and Eni, to stand trial. The trial has been slow to unfold and remains in preliminary hearings.
: Well “Theo” when you say that “I know for sure the following” followed by a former director said “Black Gold we are digging up” then I think perhaps you are making this up. Most directors of an oil company (even including Shell) would not use the word “digging”! “Drilling” or “producing” yes but certainly not “digging” - exception being the muppets in the HR departments perhaps. In addition your last two sentences are irrelevant to the usual attacks on Shell and are somewhat waffle and insulting to most readers here. You clearly have a problem. I await the onslaught!!
: There are normally two sides to every story, but Mike Curless’ version of his termination employment under the pretext of the takeover of BG reorganisation could hold some credence. However, if there was a fair and transparent succession strategy, Sarah Franklin’s self-promotion, see previous post and article, https://www.accdocket.com/articles/tips-and-insights-a-world-class-combination.cfm must have made her a good candidate for one of the “vacant” roles within the Shell legal team. Time will tell if the relevant due diligence was done on Ms Franklin, considering her escapades with a previous company.
: I know for sure the following. A former director of Royal Dutch Shell had said: it is a simple problem with the Black Gold that we are digging up and selling. All what the government has to do is fix the price of the Black Gold at a level nobody will notice. Maybe add something. But there you have the money to pay for the transition to a more sustainable energy. So actually what everybody wants in the agreements in Paris. Also I know for sure that beloved sister Rep. Ilham Omar was perfectly right in her conclusion that a few guilty criminals did something to create the chaos of nine eleven, so not the rest of the world. So that about 7 Billion simple descendants of the first human beings not being a monkey are supporting her for keep on being the one and only first president of all sovereign or not sovereign United Nations.
: Good day
We are pleased to bring to your notice that we have Tanks available for lease. Our Tank Farm have durable and reliable tanks storage facilities at head office {Russia} Rotterdam, and Houston Our tank farm is a Crude/Petroleum reservoir with high storage capacities located in all ports of the Netherlands (Rotterdam) Port.
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: Caution needed over false almost hysterical claims about current Brent Structures
It was a long time ago but as London Lad highlights in his blog post the onshore disposal of Brent Spar Greenpeace apologised formally to Shell for its claims during that period of intense scrutiny and public interest that the Spar could not be disposed of at sea because it held over 5000 tons of crude oil when in fact it was found to have contained 100 tons of oily sludge much of which was inert silt.
Bill
: The next round of Nigerian "engagements" are well and truly happening now. Bonga SW/A has been a great tool for regulators and others to return to the potential contractors for additional assistance to progress the project. It might just fly in 2020, and get on stream 20 years after the initial project. This will be a real money maker to everyone that can participate (staff, EPC contractors, fabricators, installers, regulators, etc.) just not the nation that continues to suffer.
: Hello LondonLad. Good to see that you still visit. Hope you are well. Glad you have felt sufficiently motivated to post a comment again, the first one since 2013 if I recall correctly. Under your former alias as MUsaint and your current alias LondonLad we have argued extensively about Shell's track record in Nigeria. Suffice it to say that Shell has already paid out over £15 million in compensation to some relatives of the Ogoni 9 and millions more in fines relating to Shell corruption in Nigeria.
I note your mention of Greenpeace, the unfortunate subject of undercover activity by Shell's cherished MI6 hires via Hakluyt & Company. No doubt that situation continues.
RELATED INFORMATION Extract
SHELL IN BRIBERY FINE: Daily Express 6 November 2010
Shell must pay a $30million “criminal penalty” over charges it paid $2million to a sub-contractor “with the knowledge that some or all of the money” would be used to bribe Nigerian officials to allow equipment into the country without paying duty. Shell, which has not admitted guilt, must pay a further $18million to repay profits and interests.
: Hi London Lad great to have you back! How was Mykonos? A bit chilly at this time of year? How much residual oil is left in the legs of Brent Bravo? See: https://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-50040803 https://phys.org/news/2019-10-germany-crisis-shell-north-sea.html
: Oh, and while I'm on my soapbox why don't those idiots at Greenpeace learn from their mistakes? Now claiming that various Shell North Sea production platforms contain this and that amount of crude should trigger someone in the German Government to question their numbers. Greenpeace were completely wrong with their figures quoted for Brent Spar.
: Jeeeez Mr.D you really are scraping the barrel. Articles from the "Tempo" dating from 1996 with still unproven (so one might assume false) claims about corruption in Ogoniland. Have to say that it's still clear that Nigerians remain convinced that the best way to extort money is by attacking Shell (SPDC/SNEPCO) rather than the real culprits which still remain as the State Government, DPR, NAPIMS etc. etc.
: https://www.accdocket.com/articles/tips-and-insights-a-world-class-combination.cfm Sarah Franklin, Shell’s Associate General Counsel for Safety & Environment and her new team still don’t appear to have a focus on “complex safety matters”. As noted in the article, she would still appear to be “getting her Shell sea legs” despite being in the role for nearly 3 years. Yesterday’s announcement that the HSE had issued Shell with an Improvement Notice for failing to ensure that the Temporary Refuge on the Gannet Alpha Installation was capable of remaining effective in an emergency, must question the validity of Shell’s focus on safety. TR compliance is not complex, it’s a fundamental prerequisite for the safety of the installation’s personnel in the event of an emergency, anything less is tantamount to dereliction. If they can’t get basic safety requirement’s right, what chance have they with something more complex. Word of advice to Shell, employ more technically competent people who disclose and address safety concerns and fewer lawyers who suppress them.
: National Theatre to end Shell funding https://www.bbc.co.uk/news/entertainment-arts-49936748
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EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
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