By Paddy Briggs
This is important news. These two major companies would not have made this investment if they did not think that the project was viable. So Shells withdrawal has nothing to do with the inherent merits of the project but with their continued aversion to activities away form their core hydrocarbon business. As a shareholder I have no problem with this. As Tom Peters wisely said – STICK TO YOUR KNITTING !
What I object to, however, is the continued claims by Shell and other Oil Majors that they are genuinely interested in Renewables. The reality is that they have neither the time nor the skills nor the imagination to be heavily involved in Wind Energy (etc.). The number of staff, the capital investment and the revenue expenditure on Renewables is minuscule compared with the core hydrocarbon business. But the rhetoric in the corporate advertising of Shell and the rest is quite disproportionate to this reality. It really is utterly hypocritical. read more
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shellwikipedia.com, are owned by
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here. There is also a
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Shell Leaks files, the
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Kindle eBooks.
Timeline of the Donovan Shell Feud.
Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years.
*All conjured up by internet wizz,
Nick Gill.
Article by Joshua Warner published Monday 27April 2015 by Alliance News
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