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Woodside Chairman Defends $2.7 Billion Buyback Deal With Shell

Screen Shot 2014-02-10 at 16.29.29Extracts from a BloombergBusinessweek article by James Paton and Rebecca Keenan published 23 July 2014

Woodside Petroleum Ltd. (WPL), Australia’s second-largest oil and gas producer, defended a plan to buyback about $2.7 billion of stock from Royal Dutch Shell Plc (RDSA) amid concern investors may reject the deal.

Woodside’s buyback is part of last month’s $5 billion deal in which Shell, Europe’s largest oil company, will trim its 23 percent stake in the Australian company. It’s possible that Woodside investors voting on the transaction Aug. 1 will block the buyback, according to Macquarie Group Ltd. read more

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Will Israel Become an Oil Giant?

EXTRACTS FROM ARTICLE PUBLISHED 23 July 2013 BY THEWORLDPOST

Dr. Harold Vinegar

Dr. Harold Vinegar

A tectonic shift is taking place in the global energy market: The rise of alternative sources of petroleum known as “unconventionals.” These hydrocarbons are derived from sources that would once have been technologically impossible to reach or exploit in a cost-effective manner. But technology is starting to overcome these difficulties, and it increasingly looks like the future of energy will be unconventional. And Israel may hold the key to one crucial part of it. 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.

Israeli gas discoveries and shale gas potential

Article and associated links supplied by a regular contributor

Subject: Israeli gas discoveries and shale gas potential

The Israeli’s have made some very large oil and gas discoveries in the off-shore Mediterranean Sea, but the major western oil companies like Royal Dutch Shell are not interested in investing in this new frontier. Wonder why ? How about fear of retaliation by Islamic terrorist groups and boycotts by Arab countries?

We can guess why Royal Dutch Shell won’t go near Israel – the company’s historical antisemitism during its association with Hitler and the Nazis.

Israel has massive potential in its oil shale resources, almost as much as the US and China. Perhaps as much as Saudi Arabia. Israel could in fact, in the next 20 years, become a serious exporter of 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.

Oil ends at new record near $141 on supply worries

ABC News quoted an unnamed senior Pentagon official as saying there is an "increasing likelihood" that Israel will strike Iran's nuclear facilities before the end of the year. Such an attack could prompt Iran to retaliate, potentially disrupting oil supplies in the strategically vital Persian Gulf.

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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