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December 7th, 2014:

Oil price slump could trigger a wave of takeovers and mergers of desperation

Screen Shot 2014-10-28 at 12.29.57The author of The Sunday Times article, Danny Fortson, goes on to point out that the oil price slump could lead to a wave of big takeovers, failures and “mergers of desperation,” with BP a potential takeover target…

By John Donovan

Coverage of the problems facing BP are spread over a number of pages of The Sunday Times Business section today.

Screen Shot 2014-12-08 at 16.07.22BP is responding to the fall in oil prices by slashing middle management and freezing projects that were based on an assumption that oil prices would remain at around $100 a barrel. Shell is likely to do the same.

The most prominent article, by Danny Fortson, describes BP’s involvement with the Putin regime as playing Russian roulette. He goes on to point out that the oil price slump could lead to a wave of big takeovers, failures and “mergers of desperation,” with BP a potential takeover target (also as a consequence of the Gulf spill). 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 DEFAMATION CASE HAS PROFOUND IMPLICATIONS

Screen Shot 2014-10-30 at 09.22.43

In 2009, Shell Oil Co. was facing allegations of international bribery in Nigeria. It told federal prosecutors that one of its employees approved and facilitated the bribes and then lied about his role to company lawyers. In 2010, the case took an unexpected turn. The employee, senior petroleum engineer Robert Writt, sued for defamation. He claimed that the energy giant’s allegations were lies that slandered his good reputation.

By John Donovan

Shell has attracted a huge amount of unwelcome attention to its company culture of  corruption as a result of making defamatory comments about a former employee, Robert Writt. Basically it ruthlessly tried to make him a  scapegoat.

Mr Writt contacted my late father, Alfred Donovan, in August 2009. Many people, including former Shell employees mistreated by Shell, make contact with us.

Shell destroyed his reputation in an attempt to cover-up the truth and minimise financial consequences to Shell. A penalty imposed on Shell was cut by half, from $60 million to $30 million. 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.

Irish Police reopen and expand investigation into Shell corruption case?

Screen Shot 2014-12-04 at 23.00.33By John Donovan

According to an insider source, the Irish Police Garda Ombudsman Commission has reopened and expanded an investigation into evidence of corruption surrounding the Corrib Gas Project in Ireland.

I understand that this development was prompted by new evidence published on this website in relation to the whistleblower Irish company OSSL. Its directors have admitted distributing bribes on behalf of the Shell led project consortium.

This apparent development seems to be at odds with a statement issued by the Irish Justice Minister Frances Fitzgerald, in the Irish Parliament on 4 December 2014.

OSSL strenuously denies allegations that it has attempted to blackmail Shell and its project partners, Statoil and Vermilion. Shell has provided written proof that it has received hundreds of money demands from OSSL for the alcohol. 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.