Royal Dutch Shell Group .com Rotating Header Image

June 18th, 2014:

Making Shell more palatable as an acquisition target?

Screen Shot 2014-06-18 at 18.25.01

Screen Shot 2014-06-18 at 19.42.34From a regular contributor

I think the Ho Ho line may be one of the assets being sold as part of the IPO announced today.

http://royaldutchshellgroup.com/2014/03/08/shell-says-ho-ho-pipeline-shut-after-leak-in-texas/ 

Document filed with United States Securities and Exchange Commission 18 June 2014

On another subject completely….the Chinese have done a large scale LNG deal with BP and at the same time announced that their cooperation with Shell will continue. Shell promotes itself as the big LNG player, so why is this LNG deal going to BP? In spite of all the spin, Shell and CNOOC agreeing to continue cooperation is hardly an earth shattering event, so why does it justify so much coverage? 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.

Changes to Ireland’s licensing terms for oil and gas

Screen Shot 2014-06-18 at 18.07.08

News Release – Issued by Shell to Sea

June 18th , 2014 – For immediate release

CHANGES TO OIL/GAS LICENSING TERMS ‘COSMETIC’

State continues to rely primarily on corporation tax to extract revenue

The changes to Ireland’s licensing terms for oil and gas announced by Pat Rabbitte today (18th June 2014) are cosmetic and will do little to address the State’s mismanagement of its valuable resources, according to Shell to Sea.[1]

Shell to Sea spokesperson Maura Harrington said: “These changes are cosmetic, Ireland will continue to rely almost exclusively on a tax on profits as a means of extracting revenue from the oil and gas it has given to private companies. We have seen recently how creative accounting has resulted in corporations such as Apple paying almost no tax on profits in Ireland .” [2,3] 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 Midstream applies for U.S. IPO

Screen Shot 2014-02-10 at 16.29.29

(Reuters) – Royal Dutch Shell: Wednesday 18 June 2014

* Files to raise up to $750 million

* Company formed by Royal Dutch Shell as an MLP

(Reuters) – Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, filed with U.S. regulators on Wednesday to raise up to $750 million in an initial public offering of common units.

The master limited partnership (MLP) structure allows companies to raise money in the stock market while having income taxed only at the unit holder level, avoiding corporate income taxes.

Shell Midstream said in its IPO prospectus it plans to use proceeds from the offering to acquire stakes in some pipeline companies from Shell Pipeline Company LP, a U.S. unit of Royal Dutch Shell, in exchange for cash distribution. 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.