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October, 2009:

BP CEO Tony Hayward rules out mega merger with Shell

The Sunday Times

November 1, 2009

The era of the oil industry mega merger is over, according to the chief executive of BP.

Tony Hayward said that there is “no industrial logic at all” to the type of big-ticket takeovers that transformed the industry a decade ago. The industry will be defined instead by partnerships between the big companies and the new generation of state-owned rivals and governments of resource-rich countries.

“We need access to new resources and we need access to new customers. Combining with another oil giant gives us neither,” he said in an interview with The Sunday Times. 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.

News on Shell Ormen Lange reserves undoubtedly negative

LONDON (Dow Jones)--The Norwegian Petroleum Directorate Friday said a new well drilled at Ormen Lange indicates the gas field's resources could be lower than previously hoped.

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BP fined record $87m for safety lapses at Texas refinery

BP was dealt a bitter blow last night when American regulators fined the oil group a record $87 million (£53 million) for more than 700 safety violations at the Texas refinery where an explosion killed 15 people and injured 170 in 2005.

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Motiva sees Port Arthur expansion done Q1 2012

Reuters UK

HOUSTON, Oct 30 (Reuters) – Motiva Enterprises (RDSa.L) expects to finish the 325,000 barrel per day expansion of its 285,000 bpd refinery in Port Arthur, Texas, in the first quarter of 2012, CEO Robert Pease said Friday.

“We are seeing this through to completion,” Pease told a refining conference. “If you haven’t planned on a 325,000-barrel expansion in refining capacity, then pencil this in for the first quarter of 2012.”

(Reporting by Erwin Seba; Editing by Walter Bagley) read more

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Shell CFO Simon Henry says he cannot rule out further staff cuts

"A broader reorganization is now underway, and we expect a 10% headcount reduction in the redesigned divisions and functions, mostly in management and non-operational positions," Simon Henry, Shell's chief financial officer, said during a conference call yesterday. Henry said he cannot rule out further staff cuts in other divisions of the company.

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Shell culls 5,000 jobs

Daily Mirror

By Clinton Manning 30/10/2009

Oil giant Shell is slashing 5,000 jobs after profits plunged 73%.

Uk staff are among those facing the chop as new boss Peter Voser imposes savage cuts.

Voser, just 121 days into the job, has already sacked 150 managers.

Now 15,000 staff in oil fields and head offices are being forced to reapply for their jobs, with rejects getting the boot by the end of the year.

Profits fell to £1.83-billion between July and September as it suffered from falling oil prices and the world recession. read more

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Leaked Shell Email from Frank Willsdon, General Manager, Stanlow Refinery

From a Shell Insider

Email sent today to all Shell Stanlow Refinery employees from Frank Willsdon (right), General Manager: Stanlow, UK

Subject: Stanlow Strategic Review Announcement

Dear colleagues,

Further to the townhall meeting and team briefings held earlier today, I can confirm that we are in negotiations with Essar for the potential sale of Stanlow, Heide and Harburg refineries. For the time being Shell will not be holding discussions with any third party other than Essar, although this does not guarantee a sale and it is too early for Shell to confirm a deal or comment on timescales.

Given this latest development in the strategic review, we are now going to establish a UK staff consultation forum in readiness for consultation.    The Consultation Forum is being established for employees who may be affected by the potential sale of the Stanlow refinery and associated local marketing businesses – this includes some employees who are only partially impacted and may not be included in any transfer.  Electoral Reform Services (ERS) will be administering the process of nomination and election of the forum representatives on our behalf and will be contacting you in the coming days.  Those employees covered by the Collective Bargaining agreement in Stanlow will not be required to elect representatives as they will be nominated from within the current Shop Stewards committee and will not therefore receive the email from ERS. read more

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Watchdog recommends disciplining senior Irish Police officer over handling of Corrib Gas Protest

About 20 civilians and two gardaí were hurt in the incident. The GSOC decision was referred to the Garda Commissioner last July. An ombudsman spokesman said yesterday it had not had notification on the outcome.

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SEC Issues Accounting Guidance for Oil Firms

WASHINGTON -- Staff at the Securities and Exchange Commission Friday issued new guidance on how the agency interprets oil and natural gas companies' reserves accounting rules. The guidance, sought by industry for years, allows companies such as Royal Dutch Shell, ConocoPhillips and Chesapeake Energy Corp. to officially book major reserves that previously haven't been permitted by the SEC.

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Shell reports lower profit, plans job cuts worldwide

As part of the plan, 15,000 Shell employees have to re-apply for a smaller pool of jobs, leaving many in limbo until selections are made.

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Shell may be forced to downgrade reserves again

OSLO, Oct 30 (Reuters) - Royal Dutch Shell (RDSa.L) and its partners may be forced to cut their reserve estimates for Norway's giant Ormen Lange gas field, the Norwegian Oil Directorate said on Friday.

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Shell not the only sleazy oil company

HOUSTON — An American whose secret recordings have placed him at the center of a $27 billion lawsuit against Chevron in Ecuador is a convicted drug trafficker, records show, throwing another complication into a case already tainted by accusations of bribery and espionage.

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RPT-Norway questions potential of Shell’s Ormen Lange

Reuters

Fri Oct 30, 2009 4:12am EDT

OSLO, Oct 30 (Reuters) – Royal Dutch Shell (RDSa.L) has made a gas discovery at Norway’s Ormen Lange field, but there is renewed uncertainty about the field’s overall potential, the Norwegian Petroleum Directorate said on Friday.

“The result of this appraisal well will be incorporated into a major interpretation task aimed at providing a better resource estimate for the Ormen Lange field. It is uncertain whether the original upside potential can be realised,” the directorate said in a statement. Shell is the operator of production licence 209 with a 15 percent interest, with Norway’s StatoilHydro (STL.OL) holding a 40 percent interest, state-owned Petoro 35 percent and ExxonMobil (XOM.N) 10 percent. read more

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Shell ‘defers downstream IT investment’ – report

Screen Shot 2015-01-06 at 21.26.38Reuters syndicated article: “Shell ‘defers downstream IT investment’ – report

Fri Oct 30, 2009 5:15am EDT

LONDON, Oct 30 (Reuters) – Royal Dutch Shell Plc (RDSa.L) (RDSb.L) is to delay investments in information technology systems at its downstream oil refining and fuel marketing unit to cut costs, a Shell protestors’ website said on Friday, citing a leaked internal email.

The Royaldutchshellplc.com website said U.S., Brazil, Argentina and Chile units would be affected.

No one at Shell was immediately available for comment.

(Reporting by Tom Bergin; Editing by Greg Mahlich) read more

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Shell ‘defers downstream IT investment’ – report

Reuters

Fri Oct 30, 2009 5:15am EDT

LONDON, Oct 30 (Reuters) – Royal Dutch Shell Plc (RDSa.L) (RDSb.L) is to delay investments in information technology systems at its downstream oil refining and fuel marketing unit to cut costs, a Shell protestors’ website said on Friday, citing a leaked internal email.

The Royaldutchshellplc.com website said U.S., Brazil, Argentina and Chile units would be affected.

No one at Shell was immediately available for comment.

(Reporting by Tom Bergin; Editing by Greg Mahlich) read more

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Royal Dutch Shell to axe 250 jobs in Aberdeen amid worldwide cull

The Herald

  • 6953501
  • Shell says that demand for oil will not recover quickly

Mark Williamson

Published on 30 Oct 2009

Royal Dutch Shell is set to shed up to 250 jobs in Aberdeen as part of a global cull of 5000 posts which it unveiled after announcing a big drop in third quarter profits on the back of falling oil prices.

Warning that global demand for oil would not recover quickly, the oil and gas giant said it would make the job cuts as the next stage of a drive initiated by new chief executive Peter Voser to boost profitability by simplifying the giant business.

This has already resulted in 150 out of 750 senior managers losing their jobs. read more

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Morale at all time low, managers and supervisors more focused on fear of job stability – Shell insider

Morale is at an all time low, managers and supervisors are more focused on the fear of job stability than effective leadership. Many who have not been affected by the current staff reduction exercises are scared, and some are looking for a way out of Shell.

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Leaked Andrew Manley email reveals Voser impact on Shell Downstream-One plans

CURRENT SHELL INTERNAL EMAIL FROM ANDREW MANLEY, DOWNSTREAM-ONE PROGRAMME DIRECTOR

Re-phasing the Downstream-One Programme

This email has been sent to the Downstream Leadership Team, Programme Management Team, Programme staff including country Programme teams, Downstream-One IT, Implementation Council, Process Owners, Process Design Council, Operational Excellence teams, lead Process Focal Points, and Local Senior Downstream Representatives in countries live or to go live.

Dear Colleagues,

In the current environment it has been made clear to all of us that we have to manage our cash-flow very carefully and make tough decisions about allocation of resources. Indeed, Peter Voser has asked all the businesses to deliver tough top-down stretch targets on cost. read more

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Motiva Sells Another 52 Sites

FAIRFAX, Va. -- As part of the ongoing transition of Shell and Motiva gas stations from direct- to wholesaler-supplied operations, Shell subsidiary Motiva Enterprises LLC sold 52 Shell-branded sites to PMG Northern Virginia LLC, a newly formed entity created by Fairfax, Va.-based Petroleum Marketing Group Inc.

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Over 400 hundred British Shell managers being axed

From The Times
October 30, 2009

Hundreds of British managers to go as Shell steps up restructuring drive

Robin Pagnamenta Carl Mortished

More than 400 British managers in Royal Dutch Shell are facing the axe this Christmas as the oil giant intensifies a drastic restructuring drive.

Peter Voser, the new chief executive of the Anglo-Dutch group, announced yesterday that 5,000 jobs worldwide would be cut by the end of this year as the company reported a 73 per cent collapse in third-quarter profits from $10.9 billion (£6.6 billion) last year to $3 billion.

Shell, whose weak results contrasted with robust earnings reported by BP, its rival, on Tuesday, said that more than half the cuts in its Transition 2009 programme would fall in the UK, the US and the Netherlands. read more

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Shell says would fight Chinese grab in Nigeria

LONDON, Oct 29 (Reuters) - Royal Dutch Shell Plc (RDSa.L) will fight any possible efforts by the Nigerian government to hand control of its Nigerian fields to Chinese oil companies, the Anglo-Dutch oil major's chief financial officer said on Thursday.

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Shell to comply with Iran gasolene sanctions

Royal Dutch Shell Plc said it will comply with international rulings on gasoline supplies to Iran as part of United Nations sanctions against the country over its nuclear program.

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 slashes jobs as shares slide on poor quarterly results

DAILY MAIL

By Daily Mail Reporter
Last updated at 10:12 AM on 29th October 2009

Oil giant Royal Dutch Shell today announced it was cutting 5,000 jobs as weaker oil prices and the ailing global economy saw profits plunge.

The Anglo-Dutch company reported a decrease in profits of 73 per cent to $2.99billion (£1.83billion) between July and September.

Chief executive Peter Voser said that despite some positive signs the outlook for the industry remained tenuous.

‘We see some indications that energy demand and pricing are improving, but the outlook remains very uncertain, and we are not expecting a quick recovery,’ he said. 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.

Changing mood of Shell Staff arising from restructuring

AN EMAIL SENT TO SHELL CEO PETER VOSER FROM JOHN DONOVAN: 29 OCTOBER 2009 11.49 GMT

Dear Mr Voser

As well as being the operator of a well known Shell related website (royaldutchshellplc.com) I am also a long term Shell shareholder.

I received yesterday an email from a person closely associated with Shell providing a perspective on the changing mood of Shell staff arising from the restructuring. His comments struck me as being timely, genuine and well-informed. If correct, they are likely to be a cause for concern to you, your colleagues and Shell shareholders. read more

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Around $5 billion to be injected into Shell Pension Fund hit by slump

LONDON (Dow Jones)--Royal Dutch Shell PLC (RDSB.LN) will only have to top up its pension fund by around $5 billion, compared with previous expectations of $6-8 billion, because of the recovery in global equity markets, said Chief Financial Officer Simon Henry Thursday.

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Shell Results a ‘Disappointment’

By WSJ Staff

  • October 29, 2009, 4:49 AM ET

Royal Dutch Shell’s third quarter earnings, out this morning, are a “disappointment,” says Peter Hutton at NCB. “After BP’s slam dunk results, this is only a bit up….5% is a bit anemic,” referring to how much the company’s clean current cost of supplies beat consensus by. Shell’s third-quarter clean current cost of supplies was $2.62 billion, ahead of consensus forecasts of $2.5 billion. Hutton had expected $2.89 billion. BP beat consensus forecasts by 50%, he says.

“Our third-quarter results were affected by the weak global economy. Upstream and downstream profitability has been sharply reduced compared to year-ago levels,” said Shell Chief Executive Peter Voser. “We see some indications that energy demand and pricing are improving, but the outlook remains very uncertain, and we are not expecting a quick recovery.” read more

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Shell Shares Drop As 3Q Profit Fails To Impress

LONDON (Dow Jones)--Royal Dutch Shell PLC (RDSB.LN) shares fell 3.4% Thursday after the company posted a 67.6% fall in adjusted third-quarter profit on lower oil and gas prices, disappointing analysts by failing to beat modest expectations.

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Fall In Oil Price Hits Profits At Shell

Adam Arnold, Sky News Online

Oil giant Royal Dutch Shell made profits of £1.8bn in the third quarter – down 73% on the same period last year.

Shell Oil Company

Profits fall sharply compared with same period in 2008

The company has been hit by falling oil and gas prices.

Shell’s share price fell around 3% in early trading following the results.

Chief executive Peter Voser said there were indications that energy demand and prices were “improving”.

But he also said the “outlook remains very uncertain” and the company was not expecting a “quick recovery”.

He went on to say his restructuring programme was yielding results with operating costs lowered by £608m in the first nine months of 2009 and around 5,000 jobs cut. 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 sees no ‘quick recovery’ as energy company cuts 5,000 jobs

Daily Telegraph

Royal Dutch Shell is “not expecting a quick recovery” after shedding 5,000 jobs in a global restructuring and seeing profits drop 73pc on lower oil and gas prices.

By Rowena Mason
Published: 7:59AM GMT 29 Oct 2009

Royal Dutch Shell B

Europe’s biggest energy company made $2.99bn in profits on a cost of supplies basis – a measure that strips out the effect of changing inventories – slightly beating analyst expectations. Revenue fell 43pc to $76bn.

Peter Voser, the chief executive who took over in July, said 10pc of the oil giant’s staff would be leaving, after profitability in both upstream and downstream divisions was sharply affected by the recession. read more

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Shell: Restructuring Leads To 5,000 Job Cuts

THE WALL STREET JOURNAL

OCTOBER 29, 2009

By Alex MacDonald

Of DOW JONES NEWSWIRES

LONDON (Dow Jones)–Anglo-Dutch oil major Royal Dutch Shell PLC’s (RDSB.LN) chief executive Thursday said 5,000 employees will leave due to a company-wide corporate restructuring program.

Peter Voser said: “The Transition 2009 program, which I announced earlier this year, is progressing well, and will be completed by the end of 2009.”

Some 5,000 employees are leaving Shell as a result of these changes. This represents around a 10% reduction in employees in the redesigned divisions and corporate functions. read more

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Shell employee numbers cut by 5,000, or around 10% of workforce in restructured divisions

"We continue to focus on improving our competitive cost position, simplifying Shell," which has reduced operating costs by $1 billion in the first nine months of the year and will cut employee numbers by 5,000, or around 10% of the workforce in the restructured divisions, Voser said.

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LEAKED EMAILS LOST SHELL BILLIONS ON SAKHALIN-2

John Donovan Royal Dutch Shell Plc.com

John Donovan: Royal Dutch Shell Plc.com

LEAFLET GIVEN TO SHELL EMPLOYEES AT SHELL CENTRE, LONDON FROM MONDAY 2nd NOVEMBER 2009

LEAKED EMAILS LOST SHELL BILLIONS ON SAKHALIN-2 

By John Donovan of royaldutchshellplc.com: Nov 2009

At first glance the headline appears to be a ridiculous claim. However, it happens to be supported with independent verifiable evidence from reputable sources and has been published, unchallenged by Shell, in magazine and newspaper articles, including half-page features in The Sunday Times and The Guardian. 

The claim was also mentioned in a newsletter published in July 2007 by the One World Trust, an independent think tank and research organisation affiliated with the UK Houses of Parliament and the United Nations.  read more

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Royal Dutch Shell Chair Backs Carbon-Trading System

He declined to say whether Shell is cooperating with a Justice Department investigation of allegations of corruption involving former U.S. Interior Secretary Gale Norton, saying that's a matter for Shell's management team.

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BP’s Hayward Revives Explorer by Cutting Costs, Boosting Output

“Under Tony Hayward, the company is on the right track, they are doing everything right,” said Fadel Gheit, director of oil and gas research at Oppenheimer & Co. in New York. “He is cutting costs faster than any other CEO,” at the same time as raising production.

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 oilman who went back to nuts and bolts

Outsourcing more activities to China and India is the next stage, and BP appears to be embracing it wholeheartedly — with the recession adding to the opportunity to strike new, long-term contracts. Other oil companies appear to be following BP’s lead, with Royal Dutch Shell — whose results are out tomorrow — heading down a similar path.

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Court ruling against Shell and other defendants relating to $770 million fine for operating a rubber cartel

Shell, Eni and Dow are challenging the antitrust fines at the European Court of First Instance, the European Union’s main antitrust appeals court.

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.

Royal Dutch Shell to report Q3 earnings Thursday

Analysts polled by Shell itself expect the company to post a 69 percent fall in earnings, stripping out the effects of price changes on inventory, to 40 cents per share.

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BP Q3 profit halves, beats forecasts on cost cuts

Rivals, including Shell, which reports on Thursday, have also put cost-cutting at the center of their strategy.

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Investors May Be In for a Crude Correction

Part of the problem for some of these companies is sheer scale, which makes it difficult to significantly add to reserves or production.

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Royal Dutch Shell expected to report a 70 per cent fall in profits to $2.5 billion

On Thursday, Royal Dutch Shell, BP’s Anglo-Dutch rival, is expected to report a 70 per cent fall in profits to $2.5 billion.

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.

92-year-old’s website leaves oil giant Shell-shocked

Screen Shot 2015-01-06 at 21.26.38The Guardian: 92-year-old’s website leaves oil giant Shell-shocked: Monday 26 October 2009

How online protesters are using ‘gripe site’ as the focus for their complaints about big business

Comments (9)

Russell Hotten
The Guardian, Monday 26 October 2009

At 92 years old, Alfred Donovan is an unlikely online campaigner. But he and his son John, 62, have been a painful thorn in the side of Royal Dutch Shell for more than a decade. The pair run one of the oldest and most effective “gripe sites”, and the oil giant’s army of well-paid lawyers do not know how to neutralise them.

The number of so-called “gripe sites”, which exist to criticise, mock, and generally annoy companies, people, and institutions, has exploded in recent years, and the trend is set to continue. read more

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Royal Dutch Shell Rumors Monday 26 Oct 2009

We hear from our sources…

The Shell reserves situation is currently far worse than in 2003-4. It seems that nothing was learned from the fines, courts cases and public approbrium

Shell has large quantities of assets on its books at far above their true value ($70bn book value assets are currently worth less than $10bn)

In the current round of staff re-applying for their jobs, there are 20-25% fewer positions than applicants

Shell Expro (ie the E&P operation in the UK) is expected to LOSE about $200 million this year… 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.

92-year-old’s website leaves oil giant Shell-shocked

guardian.co.uk home

How online protesters are using ‘gripe site’ as the focus for their complaints about big business

Russell Hotten
The Guardian, Monday 26 October 2009

At 92 years old, Alfred Donovan is an unlikely online campaigner. But he and his son John, 62, have been a painful thorn in the side of Royal Dutch Shell for more than a decade. The pair run one of the oldest and most effective “gripe sites”, and the oil giant’s army of well-paid lawyers do not know how to neutralise them.

The number of so-called “gripe sites”, which exist to criticise, mock, and generally annoy companies, people, and institutions, has exploded in recent years, and the trend is set to continue. 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.

Polluted by oil

In the Niger Delta, a region of Nigeria the size of England where much of the country's oil reserves lie, Maass is paddled through a network of rivers to impoverished towns that lie alongside big Royal Dutch Shell installations. The flaring of natural gas lights the sky and spreads noxious fumes. The towns share virtually none of the wealth springing from the ground - though that may be due to corrupt officials.

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.

Nigerian rebels reinstate ceasefire in Niger Delta

Royal Dutch Shell resumed operations at its Soku gas plant last week, nearly a year after it was forced to shut down because of attacks on its pipelines.

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.

Domain name battle for Royal Dutch Shell Plc .com (guess who lost)

Screen Shot 2013-09-26 at 00.02.56

(Unanimous decision by World Intellectual Property Organisation expert panel)

LEAFLET BEING DISTRIBUTED AT SHELL CENTRE, LONDON, WEEK COMMENCING 26 OCTOBER 2009

Domain name battle for Royal Dutch Shell Plc .com (guess who lost)

By John Donovan of royaldutchshellplc.com: Oct 2009

Only Shell could end up in the humiliating position of its arch critics owning the dotcom domain name for the unified parent company Royal Dutch Shell Plc.

Richard Wiseman, currently RDS Chief Ethics & Compliance Officer, has publicly boasted that he was the conductor of the legal orchestra responsible for creating the unified company from the ashes of the Shell Transport/Royal Dutch structure destroyed by the reserves fraud.

Unfortunately, he forgot to ensure that the top-level domain name for the new company was secured before the name of Royal Dutch Shell Plc was publicly revealed. Imagine the shock and horror when Shell executive directors discovered the identity of the party who had beaten them to the precise dotcom domain name for the company: my father, Alfred Donovan (now 92 yrs old). 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.

White House protects polar bears with Alaska ‘critical habitat’ designation

Earlier this week, another branch of the interior department gave Shell the go-ahead to begin exploratory drilling in the Beaufort Seat, which is home to large numbers of endangered bowhead whales, walruses and seals as well as polar bear.

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 Offers to Educate, Fund Ex – Rebels In Nigeria

President Umaru Yar'Adua met Shell's Chief Executive Officer Peter Voser in Nigeria's capital Abuja to discuss the situation in the oil-producing Niger Delta, which has seen a lull in violence in the last few months.

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.

Government aims to impose rules on armed guards

It is hoped that big corporate clients, such as BP and Shell, which often use private security in countries such as Nigeria, will also use only companies that are code-compliant.

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.

CBI urges pay restraint to curb public hostility

FINANCIAL TIMES

By Jean Eaglesham, Chief Political Correspondent

Published: October 23 2009 03:00 | Last updated: October 23 2009 03:00

EXTRACTS

The CBI yesterday issued a stark warning about the escalating level of executive pay, which it cited as a key factor in the “severe knock” business had suffered to its reputation in the recession. 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.