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Posts from ‘November, 2018’

Royal Dutch Shell News 2 November 2018

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Ogoni Clean-up Will be Nigeria’s Biggest Scam

Nsuke called for the removal of Shell from the governing council of HYPREP and the Board of trustees as the company (Shell) is still seen by the Ogoni people as a killer and an enemy.

Publicity Secretary of the Movement for the Survival of the Ogoni People (MOSOP), Fegalo Nsuke, has said the Ogoni cleanup would end up as Nigeria’s biggest scam if left the way it is presently structured.

Speaking yesterday in Bori, headquarter of Khana local government area, when he met with youth leaders of the National Youth Council of the Ogoni People (NYCOP), Nsuke said HYPREP was desperate to spend money and not bothered about the integrity of the cleanup process and the welfare of the Ogoni people. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

OPL 245: Eni did not make thorough checks in Nigeria deal – former board member

Emilio Parodi: OCTOBER 31, 2018 / 6:57 PM

MILAN (Reuters) – Eni made no thorough background checks on a middleman it hired to broker a $1.3 billion Nigerian acquisition, a former board member of the Italian oil group told a Milan court.

Milan prosecutors allege bribes totaling around $1.1 billion were paid, including to middleman Emeka Obi, in the 2011 purchase by Eni and Anglo-Dutch peer Royal Dutch Shell of Nigeria’s OPL 245 offshore oilfield.

The prosecutors allege the bribes were paid to win the license to explore the field which, because of disputes, has never entered into production. Shell expects the landmark corruption trial to last many months. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Announces the Second Tranche of the Share Buyback Programme

THE HAGUE, Netherlands, November 1, 2018 /PRNewswire/ —

Royal Dutch Shell plc (the ‘company’) (NYSE: RDS.A) (NYSE: RDS.B) today announces the commencement of trading in the second tranche of its share buyback programme previously announced on July 26, 2018. The company’s intention is to buy back at least $25 billion of its shares by the end of 2020, subject to further progress with debt reduction and oil price conditions.

On October 19, 2018 the company completed the first tranche of its share buyback programme (the ‘initial tranche’). In aggregate between July 26, 2018 and October 19, 2018, the company repurchased 60,844,806 A ordinary shares for an aggregate consideration of $2 billion. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell profits soar to four-year high but still miss forecasts

By Ron Bousso: 1 November 2018

LONDON (Reuters) – Royal Dutch Shell (RDSa.AS) reported on Thursday an almost 40 percent rise in third-quarter profit to $5.6 billion (£4.3 billion), as rising crude prices helped quarterly earnings to their highest in four years but still short of forecasts.

Net income attributable to shareholders in the quarter, based on a current cost of supplies (CCS) and excluding identified items rose 39 percent to $5.624 billion from a year ago. That compared with a company-provided analysts’ consensus of $5.766 billion. It was $4.691 billion in the second quarter. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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