Jan. 27 (Bloomberg) -- Royal Dutch Shell Plc sold a cargo of crude stored off the U.K. and a vessel hired by Citigroup Inc.s Phibro LLC left its anchorage in Scotland for the U.S. as the incentive to keep oil in tankers disappears.
January, 2009:
Shell Sells Oil Cargo, Phibro Tanker Leaves as Contango Shrinks
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.
Florida’s troubled state pension fund dumped $1 billion “prohibited” stocks, including Royal Dutch Shell
A law passed by the legislature in 2007 (Protecting Florida's Investment Act, PFIA) required the state pension fund to sell off any assets in companies that do business with countries on the US list of state sponsors of terrorism - principally Iran and Sudan. So far the state pension fund has sold more than $1.15 billion in probited companies. Among the divestments were several major oil and gas companies, including Brazil's Petrobras ($206 million), Total of France ($214 million) and Royal Dutch Shell ($215 million).
Hundreds of birds die in oil spill into Aniva Bay from the Sakhalin II plant
The oil spill is believed to have occurred on Sunday after a tanker left the liquefied natural gas plant which is still under construction. The plant is owned by Sakhalin Energy which is the operator and investor for the $20 billion Sakhalin II project.
Gloomy ConocoPhillips data set stage for severe cutbacks among rivals
Conoco scaled back $2.8bn in capital spending over last year, and reported a $34bn writedown. More details of its financial health will come on Wednesday when it reports earnings, the same day as Royal Dutch Shell. Some analysts warn Royal Dutch Shell will report its largest quarterly fall in profits for a decade because of the oil price fall.
National groups bear brunt of change in fortunes
Alexei Miller, chief executive of Gazprom, confidently asserted that within a decade the Kremlin-controlled gas monopoly he headed would be the world's largest energy company. What a difference a credit crisis makes.
More speculation over Exxon bid for all or part of Royal Dutch Shell
Recently, speculation has grown about whether ExxonMobil will make an acquisition. Among the rumored targets are Britain's BG Group (BG.U.K.) for its natural-gas assets. There has even been talk of a bid for all or part of Royal Dutch Shell, a deal that would face regulatory hurdles.
Shell profits to tank as oil price nears $40 a barrel
Shell declined to comment on the possibility that job cuts may be announced when the group reports its full-year results on Thursday.
Shell and BP profits could be hit by crude collapse
Analysts believe the big international oil companies will be forced to curb generous dividend rises, rein in soaring investment spending and may even cut back on jobs, after four years of complaining of difficulties in finding staff.
The partys over for Big Oil
Earnings will be dismal. Theyre all under pressure to cut costs. The sharp drop in oil and gas prices has tremendous far-reaching ramifications on the landscape, Gheit said.
Speculation on Exxon Acquisition of Royal Dutch Shell growing
Speculation has been growing as to whether Exxon will make an acquisition, possibly for BG Group or for all or part of Royal Dutch Shell.
Shell in worst profit slump for 10 years: profits have collapsed by 62% in the fourth quarter
Shell is still bruised by its experience in the late 1990s when the price of oil fell to a 25-year low. The company responded in 1999 by slicing $6.2bn off its $15.7bn capital expenditure programme, which included a $3bn reduction in its budget to explore for new sources of oil. This contributed to the reserves scandal of 2004, when the company had to downgrade a fifth of its reserves, resulting in the departure of chief executive Philip Watts.
Shell set to report a near 50% collapse in fourth quarter earnings
Outgoing chief executive Jeroen van der Veer, who will be replaced by Peter Voser in July, faces a difficult end to his time in office as analysts warn that the major oil companies will this year have to scale back investment programmes and even cut jobs.
Shell profits mark end of oil price boom: recent golden age of the oil industry has ended
Gordon Gray, analyst at Collins Stewart, warned, however, that at current prices Shell and BP were losing money once capital spending and dividends were taken into account.
Shell in U.S. Gov. Sex, Drugs and Corruption Scandal
In the hard commercial world, Shell is, as always, prepared to do whatever it takes to meet its objectives, whether in the USA (bribery and corruption), Nigeria (fuelling corruption and violence, with no end to the gas flaring), the North Sea (production and profit before offshore worker lives) or in Russia (bribery and corruption on the Sakhalin-2 project).
Oil giant to reveal results
Since reporting third quarter profits of 10.9 billion US dollars (£6.6 billion) in October, the outlook for Royal Dutch Shell and the rest of the sector has undergone significant change due to the collapse in oil prices, falling demand for oil products and the onset of a global recession
Britain on the brink of an economic depression, say experts
What I find amazing is that people arent really nailing Gordon Brown and [Bank of England Governor] Mervyn King for this, he said. At least in the US they had the excuse of the arrival of sub-prime a new sector of the market. We didnt really have anything similar but we ended up with a bigger national Ponzi scheme than the US.
One last chance to save mankind
With his 90th birthday in July, a trip into space scheduled for later in the year and a new book out next month, 2009 promises to be an exciting time for James Lovelock. But the originator of the Gaia theory, which describes Earth as a self-regulating planet, has a stark view of the future of humanity.
Concerns expressed over Shell water filing
Local and regional representatives expressed serious concerns in the past two weeks about the recent Yampa River water right filing by Shell Frontier Oil & Gas.
PREVIEW-Shell, BP Q4 profits seen hit by crude collapse
Shell's four-year slide in oil and gas production is expected to continue, with fourth-quarter output forecast to fall around 3 percent compared to the same period in 2007, to 3.3 million barrels of oil equivalent per day (boepd).
Nigeria revamps oil industry; Barkindo heads NNPC
Bureaucracy and mismanagement have delayed development of major projects with other majors such as Royal Dutch Shell PLC and ExxonMobil Corp. in Nigeria and has negatively impacted NNPC's growth.
Ethanol Lawsuit Proceeds against Oil Companies
The defendants include Chevron, Exxon, BP, Shell Oil, ConocoPhillips and Tower Energy Corp., a California-based independent petroleum wholesaler, the report stated.
Shelling out
Jeroen van der Veer, outgoing chief executive of Shell, was asked on CNBCs The Leaders programme last night about his unexpected appointment to the top job there. Did he want it?
Predictions of slump in demand hits oil companies
That is bad news for the oil companies, of course, and HSBC is predicting that cashflows at Shell, for one, will be negative for the next two years. As a result, its shares slid 44p to £16.11.
SFO investigators set to force BAE’s hand
SFO chief Richard Alderman has visited the US to meet Department of Justice investigators who are probing BAE's controversial multi-billion pound al-Yamamah arms deal with Saudi Arabia.
Analyst Sees Energy M&A Heating Up
JANUARY 22, 2009, 10:24 AM
Consolidation in the oil and gas industries is just around the corner, according to Fadel Gheit, an oil analyst at Oppenheimer.
Oil prices are down more than 70 percent from last summers record high. The longer oil prices stay weak, Mr. Gheit said in a note to investors Thursday, the greater the chances of a major merger party in the energy sector.
The last time energy prices collapsed so violently was in 1998, when a barrel of crude traded for as low as $10. The shift caused many oil companies to leap into the arms of rivals and gave rise to the super major oil companies: ExxonMobil, ChevronTexaco,BP Amoco Arco, TotalFinaElf and ConocoPhillips.
Exxon finds oil near massive Brazilian fields
SAO PAULO, Brazil: Exxon has told Brazilian officials it discovered oil in deep water off Rio de Janeiro, near massive fields that could hold as much as 80 billion barrels of oil.
Mergers, Acquisitions Loom Over Brazil Sugar, Ethanol Indus
Brazil's state-run energy giant Petroleo Brasileiro SA (PBR), or Petrobras, as well as Royal Dutch Shell PLC (RDSA) and BP PLC (BP) have also been reported as keen to grab assets in the ethanol segment.
Corrib policing cost 1m for month
19 Jan 2009
The high level garda security operation at Shell’s controversial Corrib gas project cost more than 1 million euro in October, according to new figures.
The startling bill for just one month was run up as the energy giant called in the world’s largest pipelaying vessel, The Solitaire, and protesters took to the sea. The total cost of policing Corrib since 2003 is at least 13.5 million euro.
The Department of Justice defended the costs. “We are a sovereign state and we have a duty to protect people’s safety. If there was a peaceful protest there, things would be fine,” a spokesman for Justice Minister Dermot Ahern said.
Hosted by
Ministers in talks with Corrib opponents
Mr John Monaghan, spokesman for Pobal Chill Chomáin, said the meeting had revealed a glimmer of hope and the potential for the beginning of a process. All sides are now more appreciative of the complexities involved and of the primacy of community consent. Weve also informed the ministers about the history of community distrust and why we could not participate in the forum, said Mr Monaghan.
Corrib gas delay ‘extraordinary’ – Martin
MINISTER FOR Foreign Affairs Micheál Martin has said it is extraordinary that gas from the Corrib field off Co Mayo has not yet been brought onshore.
Woodside Says Full-Year Profit to Be Cut by Charges
Jan. 22 (Bloomberg) -- Woodside Petroleum Ltd., Australias second-largest oil and gas producer, said full-year profit will be cut by about A$430 million ($283 million) of charges for foreign exchange losses, a suspended project and a tax provision.
Woodside Q4 output up 28 pct, sees higher profit
Woodside, 34 percent owned by Royal Dutch Shell (RDSa.L), said reported net profit in 2008 would be between A$1.75 billion ($1.1 billion) and A$1.8 billion, about 70-75 percent higher than the previous year.
Shell looks to expand retail footprint in India
Royal Dutch Shell has announced plans to expand its retail presence in India in 2009, as the Indian government plans to introduce a market-led pricing regime for petrol and diesel, according to PetrolWorld.
Exxon to acquire Shell?
Shell is down 35 % in the last 6 months while Chevron and BP are about 30% down. Shares in many other oil firms that rushed to expand over the last few years are down even more.
Lay-offs at Motiva project while construction continues
According to Verna Rutherford of Motiva, changes are being implemented to assure tighter control of costs on the $7 billion refinery expansion project that began December 2007. Demand for Motivas products is down, and with lower demand, margins are also down, making tight cost control essential.
Oil stocks dive on falling demand worries
Shell fell 3.4 per cent as HSBC analysts predicted it was in for a cash squeeze. It said that its operating cashflow would fall by about 16 per cent from last year of $7 billion while its capital expenditure would rise by $3 billion, giving it negative cash flow this year and next, although it said that its strong balance sheet should be able to take the strain and it maintained an "overweight" advice on the shares.
Tanker damaged in Nigeria attack
Militants from Nigeria's Niger Delta region have attacked a tanker carrying thousands of tonnes of diesel and kidnapped a Romanian crew member.
Shell Buys 10% Of Arrow’s Singapore Unit For US$66M
MELBOURNE (Dow Jones)--Arrow Energy Ltd. (AOE.AU) said Wednesday that Royal Dutch Shell PLC (RDSA) had bought a 10% stake in its Singapore unit, Arrow International Pte., for US$66 million as part of a previously announced deal.
As Gazprom stares into the abyss, oil companies get ready to do business
For much of the past decade, oil and gas-consuming nations have watched the National Oil Companies (NOCs) of Opec and Russia grow fat and confident as their incomes doubled and tripled. With such bounty they could pay their own bills and hire the best engineers. They could dispense with brash expat oilmen and their snooty wives and from Bolivia to Venezuela via Siberia, the Western multinationals were given the boot. There have been expropriations, bullying, harassment and the shredding of contracts.
Royal Dutch Shell consensus forecasts rumoured too high
Investors are shrugging off talk that Royal Dutch Shellhas been telling some analysts their figures are too bullish, saying the news has already been priced in.
ConocoPhillips Plans $34 Billion in Charges
EXTRACTS FROM WALL STREET JOURNAL ARTICLE: In a sign that global economic woes are hobbling even the once-mighty oil industry, ConocoPhillips on Friday said it would slash its capital budget and lay off 4% of its work force, or about 1,350 workers. The company also will take several one-time charges, totaling $34 billion, against fourth-quarter earnings. The move raises questions about whether other global energy producers, such as Chevron and Royal Dutch Shell PLC, might take similar steps in coming weeks.
Guns From Londonistan: the $350 million fine paid by Lloyds TSB Group
There may be no silver lining in a story that involves Iran being able to spend untold millions on its weapons procurement, but at least this UK institution's actions debunk the popular myth that it is only the U.S. that will conveniently ignore international norms of behavior for the sake of a reliable oil supply.
Abu Dhabi has second thoughts about London Array and wind power
The London Array project, a plan to build 341 turbines with the capacity to generate 1,000 megawatts of electricity more than that produced by most of the nuclear reactors in Britain has been in trouble since last May, when Shell pulled out of the project, citing spiralling costs.
Brazil landless peasants aim to extend fight to oil
President Luiz Inacio Lula da Silva is considering whether to create a new state-run oil company to manage oil production from new "subsalt" reserves, but foreign oil firms like Royal Dutch Shell Plc (RDSa.L) will still have a major role in production.
ConocoPhillips cuts 4% of its workforce
US supermajor ConocoPhillips, citing a steep decline in oil and gas prices, said today it will cut 4% of its workforce and sees big writedowns on some of its exploration and production assets. The cut will trim about about 1,300 jobs worldwide.
Royal Dutch Shell Plc and Vitol Group supplying 16.8 million barrels of oil to U.S. Strategic Petroleum Reserve
By Nadja Brandt
Jan. 19 (Bloomberg) — Royal Dutch Shell Plc (RDSA NA): Europes largest oil company and Vitol Group will supply 16.8 million barrels of oil to the U.S. Strategic Petroleum Reserve under a contact award announced by the Energy Department. The department is paying $553 million for 10.7 million barrels. It will also get 6.1 million barrels of oil in lieu of royalty payments for federal drilling leases from Shell and Glencore International AG. Shell shares advanced 42 cents, or 2.3 percent, to 19 euros.
Emissions leak from Royal Dutch Shell Deer Park Refinery
Jan. 19 (Bloomberg) -- Royal Dutch Shell Plc said there was an emissions leak from a crude distillation unit at its Deer Park, Texas, refinery.
Mergers in pipeline as oil industry’s fairytale era ends
A new wave of mergers is likely to sweep through the oil industry as cash-rich companies such as ExxonMobil eye up smaller rivals - possibly even Shell - after the collapse in the price of crude.
Nigerian militants abduct crew in attack on Shell
LAGOS (AFP) Nigerian militants early Sunday attacked a loading vessel, a tanker and a tug boat at a crude oil platform operated by Shell in Bonny and took eight crew members hostage, police and the military said
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: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
