Companies including ConocoPhillips, Chevron Corp., BP PLC's BP America Inc., Royal Dutch Shell PLC's Shell Oil Co., Valero Energy Corp. and Marathon Oil Corp. agreed to pay $422 million (275 million) to settle lawsuits claiming wells were contaminated by MTBE, a chemical that was once a key gasoline ingredient.
May 9th, 2008:
Oil companies could face payments in addition to $422M in gasoline additive lawsuit settlement
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.
‘Peak oil’ is here. Now what?
What does it mean that crude oil is peaking? Essentially it means that the world has used half the oil available to extract and will enter a permanent decline, even as world energy demand is rising, with new economic powerhouses China and India growing at an alarming rate. Peak oil does not mean we are on the verge of running out of oil; the overriding implication is that we are entering a period of relentlessly rising prices and ultimate shortfalls.
Oil over $126, new peak for 5th straight day
LONDON (Reuters) - Oil prices leapt to a new peak of more than $126 a barrel on Friday, hitting a record for the fifth straight session, in a market given an additional spur by tight supplies of diesel.
Oil smashes through $126 all time record
NEW YORK (AP) -- Oil rose above $126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could cut exports from the OPEC member. Gas prices, meanwhile, rose above an average $3.67 a gallon at the pump, following oil's recent path higher.
Thaw in relations between BP and Russia?
Finally Moscow announced it was sending its environmental chief to probe the biggest field operated by BP in Russia. No-one at BP was unaware that Oleg Mitvol's steely handling of international oil giant Royal Dutch Shell on Sakhalin Island two years ago had effectively forced them to sell up to Russian firm Gazprom
Paddy Briggs: ‘The Tragedy of Corrib’
Paddy Briggs's remarkable report on the ill-starred Corrib Natural Gas project "The Tragedy of Corrib" has now been published and is available from the publishers at a cost of £4.30 (plus p&p).
Oil Rises to Record Above $125 as Nigeria Cuts Curb U.S. Supply
Nigeria production, which fell to the lowest level in a decade in April, has been cut a further this month by rebel assaults on Royal Dutch Shell Plc pipelines. OPEC said yesterday it doesn't need to increase supplies, even as its president warned prices may reach $200 a barrel.
Nigeria: Gas Flaring – 2008 Deadline Not Achievable – Shell
Oil giant Royal Dutch Shell has said that as long as militants continue to attack its facilities and the situation goes unresolved, gas flaring will continue in the country.
Rockefellers Receive Boost in Exxon Fight
The RiskMetrics report... concludes that most of Exxon's competitors -- including Chevron Corp., Royal Dutch Shell PLC and British Petroleum PLC -- have made greater commitments to renewable energy. "The company's current policy on renewables ... has led to substantial reputational damage for Exxon Mobil relative to its peers," the report stated.
The global surge in food and energy prices…
The global surge in food and energy prices is being driven primarily by fundamental market conditions, rather than an investment bubble, say the majority of economists in the latest Wall Street Journal forecasting survey.
Oil Prices
When crude prices collapsed in the late 1980s, so did interest in oil as an investment and a career - even Dallas , TV's celebration of big oil and big hair, bowed out in 1991.
Call options bet on oil hitting $200
The number of financial bets on crude oil prices hitting $200 before the end of this year have spiked almost 40 per cent since the start of May, a further sign of growing concern that oil prices will continue to rise sharply in the near term.
Crude Oil Rises to Record Above $124 a Barrel on Supply Concern
Royal Dutch Shell Plc's Nigerian crude output has been cut by militant attacks and may return within two weeks, a government official said yesterday.
Nigerian official sees jobs as key to taming violence
The delta rebel group, Movement for the Emancipation of the Niger Delta, has pledged to continue the attacks unless the government increases sharing of oil wealth, government budget transparency and local control of oil property.
Shell to shut Singapore CDU, 2 more units in June
SINGAPORE, May 9 (Reuters) - Royal Dutch Shell (RDSa.L: Quote, Profile, Research) will shut its second-largest crude distillation unit (CDU) and two secondary units at its Singapore refinery in June for routine maintenance lasting up to 30 days, refining sources said on Friday.
Shell seeks consent for new pipeline route
The Corrib Gas project will provide up to 60 per cent of Irelands gas needs at peak supply period and will add 3 billion to Irelands GDP over the life of the projec
Shell E&P Ireland Limited (SEPIL) has announced the retirement of Mr Andy Pyle, who has been Managing Director of SEPIL and Country Chairman of all Shell Companies in Ireland since June 2002.
Oil Giants to Settle Water Suit
Some of the nations largest oil companies have agreed to pay about $423 million in cash to settle a lawsuit brought by more than a hundred public water providers, claiming water contamination from a popular gasoline additive.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
