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April 26th, 2015:

BG Deal to Test Shell’s Integration Skills

Screen Shot 2015-04-08 at 08.12.04Article by JUSTIN SCHECK And SARAH KENT published April 26, 2015 by The Wall Street Journal

BG Deal to Test Shell’s Integration Skills

LONDON—With its $70 billion deal to buy BG Group PLC, Royal Dutch Shell PLC will attempt something altogether new for the 108-year-old energy giant: absorbing a huge company.

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FULL ARTICLE

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.

UK government would oppose any takeover of BP says FT

Screen Shot 2015-04-09 at 00.19.50UK government would oppose any takeover of BP -FT

(Reuters) – Britain’s outgoing government has told BP Plc that it wants the company to remain a British industrial champion and it would oppose any takeover of the oil producer, the Financial Times reported.

The message follows the $70 billion deal to acquire rival producer BG by oil major Royal Dutch Shell, which has sparked speculation of a larger wave of consolidation similar to the one at the end of 1990s during another oil price decline.

British officials have said the government would be “sceptical” about any takeover – even if it involves Royal Dutch Shell – because it wants the country to have two big global oil companies, the FT reported. (on.ft.com/1bu3XqD) 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.

Earnings slide at BP and Royal Dutch Shell as oil giants slash spending

By LAURA CHESTERS FOR THE DAILY MAIL: 27 April 2015

Crude oil prices hit a 2015 high this month but it is not enough to prevent disastrous first quarter results from BP and Royal Dutch Shell this week.

The price of oil is still well below last summer’s highs of $115 a barrel at around $65 and BP and Shell will be forced into further cuts and sell-offs, experts have warned.

The two British oil giants have already cut spending for this year by up to 15 per cent.

BP is expected to reveal a 60 per cent drop in first quarter operating profit to £1.4billion, according to Société Générale. 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.

Campaign to blacklist fossil fuel investments

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According to an article published by The Financial Times on 26 April 2015:

“The Prince of Wales is the most prominent name to emerge from a Financial Times’ survey of British individuals and institutions that are shunning coal, oil and gas company holdings.”

The FT article – PRINCE CHARLES SHUNS FOSSIL FUEL INVESTMENTS – lists some of the internationally famous institutions, foundations, charitable trusts and eminent individuals, including Prince Charles, who, because of climate change, have turned against investing in fossil fuel companies such as Shell. 

The article suggests that the escalating movement against fossil fuel companies is comparable to the global campaigns against apartheid in South Africa (in which Shell was a prime target after propping up the apartheid regime) and the tobacco companies.  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.

FT: UK government warns BP over potential takeover

An article by George Parker and Christopher Screen Shot 2015-04-26 at 18.35.06Adams published 26 April 2015 by The Financial Times

UK government warns BP over potential takeover

Amid wider consolidation in the energy sector, triggered by the sharp fall in oil prices, Downing Street has informed BP and senior City figures that it wants the group to remain a British industrial champion with global reach.

SOURCE

Screen Shot 2015-04-09 at 00.19.50RELATED FT ARTICLE

UK ministers make Gallic gesture to keep the British in BP

Downing Street has discreetly let it be known in the City that it would oppose any takeover of BP, the British company that was weakened after the Gulf of Mexico oil disaster five years ago this week. BP declined to comment. 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 to suffer profits plunge on oil price collapse

Screen Shot 2015-04-26 at 16.23.08An article by Christopher Williams published 26 April 2015 by The Sunday Telegraph

Shell to suffer profits plunge on oil price collapse

Dutch earthquake fears also trim gas production

Shell is expected to reveal this week that the collapse in the price of oil has wiped off two thirds of its first quarter profits.

The giant has been hit hard by the economic and geopolitical forces set against the price of oil, which at $65 per barrel costs little more than half as much as it did last summer, in spite of recent gains.

Analysts at JP Morgan said Shell is expected to report profits of £1.6bn, adjusted for one-off charges, compared with £4.8bn for the first three months of last year, when Brent crude was comfortably above $100 per barrel. 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.

Predators circle with BP still stuck in deep water

Screen Shot 2015-04-15 at 15.59.22By Nick Fletcher published Sunday 26 April 2015 by The Observer/Guardian

Predators circle with BP still stuck in deep water

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Meanwhile, BP could also be put on the spot about its commitment to being more open about its impact on climate change, after 98% of shareholders at its recent annual meeting called for more transparency. The company agreed to publish more information, but stepped back from providing targets to curb its own greenhouse gas output.

SOURCE

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.