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April 16th, 2008:

Uganda: Shell Oil Sued Over Makerere Land

The Monitor (Kampala) Uganda: Shell Oil Sued Over Makerere Land

17 April 2008
Angelo Izama
Kampala

An estates administrator has accused Shell of fraudulently acquiring land on which its petrol station on Makerere hill stands.

Ms Lydia Kizito claims the oil giant illegally bought the land from Mr Dennis Kasule.
 
Mr Kasule, a Shell-dealer- turned-land owner, entered a transaction with the oil company in respect the land which was allegedly never his.

Ms Kizito says her father and grandfather owned the contested piece of land. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The End of the World as You Know It … and the Rise of the New Energy World Order

The Intelligence Daily, 16 Apr 2008 | Michael T. Klare

Posted on 16 April 2008 18:47:49 by E. Pluribus Unum

(TomDispatch) — Oil at $110 a barrel. Gasoline at $3.35 (or more) per gallon. Diesel fuel at $4 per gallon. Independent truckers forced off the road. Home heating oil rising to unconscionable price levels. Jet fuel so expensive that three low-cost airlines stopped flying in the past few weeks. This is just a taste of the latest energy news, signaling a profound change in how all of us, in this country and around the world, are going to live — trends that, so far as anyone can predict, will only become more pronounced as energy supplies dwindle and the global struggle over their allocation intensifies. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Corrib Pipeline Controversy: Opinion Polls

By John Donovan

Reference the current discussion on this website in relation to the Shell Corrib pipeline, the following article published in October 2006 provides information about a related opinion poll…

Corrib Project To Become An Election Issue in Mayo?

Writes Bucky of BuckFast For Breakfast on October 20th, 2006

As reported in today’s Irish Independent, an opinion poll by conducted by Public Opinion Ltd. for The Mayo Advertiser has found that 45% of voters in Mayo support the Shell To Sea campaign to have the terminal moved offshore, with 15% supporting Shell and 40% having no opinion. The opinion poll reflects the recent TNS/MRBI poll carried out for Nuacht RTÉ which showed just 23% support for Shell’s onshore option for the gas refinery. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Shell Corrib Gas Project Controversy

By John Donovan

We draw attention to the following selection of comments received in relation to the recent article:

Email from Ireland concerning Shell Corrib Gas Project

FOR THE CORRIB PROJECT

From Goblok

Most of this letter is bollocks: there are plenty of gas plants sprinkled across Europe with minimal Environmental foot print. If you want County Mayo to remain backward then go for it but rest assured this person is in the minority of the minority and a NIMBY and BANANA rolled into one at best!

From Guest 3001 on Live Chat: read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil hits new high above $114, dollar supports

Reuters: Oil hits new high above $114, dollar supports

Wed Apr 16, 2008 5:59am EDT

LONDON (Reuters) – Oil struck a new record high above $114 a barrel on Wednesday, buoyed by the weak U.S. dollar, inflows of speculative money and long-term constraints on supply.

U.S. crude was 53 cents higher at $114.32 a barrel by 5:43 a.m. EDT, just below a fresh peak of $114.41. Today’s price is more than three times the average price of 2002, when oil’s rally began.

London Brent crude for the new front-month of June was up 54 cents at $112.12. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Mobil, Shell accused of price fixing, hoarding

Daily Marianas Variety: Torres accuses Mobil, Shell of price fixing, hoarding

By Gemma Q. Casas
Variety News Staff

Thursday April 17, 2008

THE former chairman of the House Public Utilities, Transportation and Communications committee is asking Gov. Benigno R. Fitial to order an investigation into the business practices of the two fuel suppliers in the Northern Marianas.

Press Secretary Charles Reyes Jr., in an interview, said the administration will not impose price controls as Mobil and Shell’s price increases were a response to market forces. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Total, Shell face ‘last chance’ for deals – Iran

Reuters: Total, Shell face “last chance” for deals – Iran

Wed Apr 16, 2008 11:14am BST

TEHRAN, April 16 (Reuters) – Iran said on Wednesday a June deadline would be the last chance for France’s Total (TOTF.PA: Quote, Profile, Research) and Royal Dutch Shell (RDSa.L: Quote, Profile, Research) to finalise deals on developing two major oil and gas assets in the Gulf.

After protracted talks, Iran urged Total and Shell in October to finalise their deals on the giant South Pars gas project by mid-2008 or lose the contracts, after the two oil firms had delayed investment due to soaring costs. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell ‘seeking 30% D6 stake’

Upstreamonline: Shell ‘seeking 30% D6 stake’

By Upstream staff

Anglo-Dutch supermajor Shell is reported to be considering a bid for a 30% stake in Reliance Industries’ interest in the D6 deep-water gas discovery in the Krishna-Godavari basin off India’s east coast.

India’s Economic Times newspaper reported today that the bid for the stake could be worth $6.7 million, valuing the field at about $22 billion.

However, a spokesman for Reliance denied that any deal was in the pipeline.

Reuters reported last week that a Shell source had told it the company was in talks to take a stake in the field. The agency also quoted unnamed Reliance sources as saying the company was considering selling a 10% stake of its holding. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil’s Inverse Proportion

Wall Street Journal Graphic

THE WALL STREET JOURNAL: Oil’s Inverse Proportion

COMMENT FROM breakingviews 
April 16, 2008; Page C18

Russian oil production declined in the first quarter of 2008 after several years of rapid growth. That isn’t surprising; an oil industry characterized by capitalism, foreign partners and technology has given way to autarky and state control. Globally, countries closing resources to foreign participation are the principal threat to oil supplies.
 
After 2000, Russia was the principal source of new oil outside the Middle East. But since 2003, the most efficient Russian oil company, Yukos, has been dismembered, contracts with efficient foreign operators such as Royal Dutch Shell have been forcibly renegotiated, and Russia has imposed an 80% tax on revenue after the first $27-a-barrel price. Unsurprisingly, exploration activity has slackened and production may have peaked. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Private equity bidders vie for Infineum

Financial Times: Private equity bidders vie for Infineum

By Martin Arnold and Lina Saigol
Published: April 16 2008 04:17 | Last updated: April 16 2008 04:17

Private equity bidders were this week queuing up to submit £1.5bn bids for Infineum, an oil additives venture between Exxon Mobil and Royal Dutch Shell, in what would be one of the biggest buy-outs in the UK this year.

TPG Capital, Cinven, the Carlyle Group and Kohlberg Kravis Roberts are among the firms that have submitted bids for Infineum this week or are expected to do so shortly. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Taxing times as companies quit UK

Financial Times: Taxing times as companies quit UK

By Vanessa Houlder
Published: April 16 2008 03:00 | Last updated: April 16 2008 03:00

* 2005

Royal Dutch Shell opted for a parent company with Dutch headquarters and tax residency when it overhauled its dual-listed structure

* 2006

Hiscox, a Lloyd’s specialist insurer, moved its head office to Bermuda

Omega Underwriting, an Aim-listed insurer, moved its domicile to Bermuda

Colt Telecom created a new Luxembourg-based holding company at the same time as a big financial restructuring read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell CFO Peter Voser director of two corporate giants whose reputations left in tatters after financial scandals: Shell and UBS

Financial Times: UBS faces three-year fight for reputation

By Chris Hughes and Peter Thal Larsen in London and Haig Simonian in Zurich
Published: April 16 2008 00:02 | Last updated: April 16 2008 06:06

UBS faces years of struggle to restore its reputation in the wake of the damage wrought by its troubled investment banking unit, the Swiss bank’s newly appointed chairman warned ­yesterday.

“We shouldn’t fool ourselves,” said Peter Kurer. “We can’t pretend that there has been no reputational damage. Experience says it goes away after two or three years.” read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shire moves offshore to escape tax burden

Daily Telegraph: Shire moves offshore to escape tax burden

By Jonathan Russell
Last Updated: 2:49am BST 16/04/2008

Shire, the UK’s third largest pharmaceutical group, is to move offshore to escape the country’s increasingly heavy tax burden.

In what tax and business experts called a dangerous precedent, Shire announced on Tuesday it was to create a new holding company based in Ireland.

CBI director-general Richard Lambert said: “We are particularly worried that an uncompetitive corporate tax system is spoiling the UK’s attractiveness as a place to do business, and that other internationally mobile firms will follow Shire’s path.” read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The enemy of my enemy is my friend

Daily Telegraph: The enemy of my enemy is my friend

Edited by Simon Goodley
Last Updated: 12:33am BST 16/04/2008

A feeling of déjà vu comes over me on reading of the Nigerian government’s latest plan for the steel plant it confiscated from a branch of the Mittal family two weeks ago.

The case is being watched closely by Shell, ExxonMobil, Chevron and the other multinationals because the government – which came to power last year – now says it distrusts deals made by its predecessors, and is threatening to cancel them all. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Brazil oil find puts British Gas group in spotlight

The Times: Brazil oil find puts British Gas group in spotlight

April 16, 2008
David Wighton: Business Commentary

It’s all a bit embarrassin’. Haroldo Lima, a director of Brazil’s National Petroleum Agency, gossiped about a stupendous oil find offshore of Rio de Janeiro. He suggested it was some five times the size of Tupi, an eight billion barrel monster that was confirmed in November as the discovery of the decade. His indiscretion ignited the share price of Petrobras, the partially privatised state oil company, and BG Group, its lucky British partner. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Pearls of Shell

The Times: ‘The Pearls of Shell’

April 16, 2008
Dominic Walsh: City Diary

— A colleague visiting Shell’s group head office in The Hague the other day picked up a booklet in the foyer entitled Shell Group Headquarters House Rules. On the inside front page is a section called “The Pearls of Shell”, which says: “The people employed at Shell are the pearls of our company. They impart lustre to our business and deliver first-class performance, day in day out. That is why it is vital to cherish their wellbeing, health and safety.” There is more guff about “treating one another with respect” but by now you have doubtless already reached for the sick bucket. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Step seeks hosts for students

Liverpool Daily Post: Shell Step seeks hosts for students

Apr 16 2008 by Tony McDonough
Liverpool Daily Post

SHELL Step has launched its 22nd annual summer placement programme and is seeking small firms in Merseyside to take on enterprising undergraduates.

Every year, Shell Step places hundreds of students with small and medium-sized firms throughout the UK to undertake business projects on their summer breaks.Š

The programme provides businesses with the opportunity to add significant value to their bottom line. In 2007, a quarter of students added more than £15,000 worth of value to their host company’s business. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell to invest USD8 million within three years to water supplying in Mangistau oblast

Kazakhstan Today: Shell to invest USD8 million within three years to water supplying in Mangistau oblast

[11:34] 16.04.2008,  Kazakhstan Today

Aktau. April 16. “Kazakhstan Today” Royal Dutch Shell Plc. company (Shell) will invest USD8 million for the period of three years in the project on improvement of water supply of drinking water to 10 populated points in Mangistau oblast. It was informed yesterday by akim of Mangistau oblast Krymbek Kusherbayev in Aktau during signing of the memorandum about cooperation, agency reports. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.