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Shell’s profits surge 175 per cent to $27.3 billion

Sunday Express


Sunday 29 Jan 2012

By Tracey Boles

ROYAL Dutch Shell is set to gush full-year profits of $27.3 billion (£17.4 billion) for 2011, a 175 per cent increase in a year.

The expected surge in earnings comes despite fourth-quarter profits hurt by lower demand because of the warm winter weather.

The results, buoyed by the high cost of crude oil last year, represent a spectacular return to form for the oil giant which reported disappointing full-year profits for 2010 of $9.8 billion (£6.3 billion).
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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.

SCOTTISH OIL RIGS IN DIRE STRAITS

Mr Campbell insisted it is only a matter of time before there is another major tragedy in the North Sea. He said: “According to public domain data there were 85 gas releases and 443 dangerous occurrences last year. If you are getting 85 gas leaks that’s one and a half, or two, leaks a week. The probability of an undesirable event is very high.”


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By John Donovan

The Sunday Express has today published an article under the headline: “Rusting rigs spark fears of oil tragedy” (above newspaper article) and “SCOTTISH OIL RIGS IN DIRE STRAITS” (online version).

The newspaper approached us for assistance and we were happy to supply extensive information, including the revealing letter we obtained from the Health & Safety Executive that is mentioned in the article.

We also put the Sunday Express journalist Paula Murray into contact with Bill Campbell, the retired HSE Group Auditor of Shell International to led the safety audit team on Shell North Sea platforms in 1999 which exposed a “Touch F*** All” maintenance culture with bodged repairs and falsified safety records. A more recent report (in 2008) by upstreamonline revealed that even the oil rig lifeboats were not seaworthy.
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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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