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December 21st, 2015:

Shell shareholders move to back £35bn takeover of BG

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David HellierTuesday 22 December 2015 

Some of the largest shareholders in Royal Dutch Shell, the giant petroleum and energy group, are expected to publicly back the company’s $53bn (£35bn) takeover of BG amid concern the deal could be sabotaged by those who want it scrapped. 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.

Oil Prices Slump to 11-Year Lows in Asia and Europe

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By STANLEY REEDDEC. 21, 2015

LONDON — Oil prices hit 11-year lows in Asia and Europe on Monday, as a glut of crude on world markets and the recent global climate accord continue to depress fossil-fuel prices.

Brent crude oil, the international benchmark, settled at $36.51 a barrel on Monday in Europe.

Analysts say there is little to restrain continued price declines in the near term. Prices are down about 15 percent so far in December, after an OPEC meeting failed to produce measures to restrain record-high production. That meeting was quickly followed by the United Nations climate accord in Paris, which aims to reduce the world’s reliance on oil and other carbon-emitting fuels. 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-BG Deal Not Yet in the Bag Amid Fears of Further Oil Slump

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“..if there’s another sharp spike down in oil prices — crack through $30 towards $25 — there has to be a pain threshold beyond which the board would have to turn around.”

By Rakteem Katakey: Bloomberg.com: December 21, 2015 -2.42PM GMT

Royal Dutch Shell Plc is on the brink of pulling off its biggest acquisition. Yet the widening discount of target BG Group Plc to the offer price shows that a further steep drop in oil prices could still put the deal in doubt.

BG traded 12.5 percent below Shell’s bid price on Dec. 18, the biggest discount since early September, compared with a 6.4 percent gap on Dec. 4. While BG shares soared when news of the deal broke eight months ago, they’ve since tumbled more than 20 percent as oil prices slumped.

If benchmark Brent crude sinks to the mid-$20s a barrel, the transaction may fall through, said Philip Lawlor, a strategist at Smith & Williamson Investment Management LLP in London, which owns shares in both Shell and BG. Trz Trading BV’s Niels Lammerts Van Bueren said it “all depends on the oil price.” 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 and BG Shareholders to Vote on Deal at End of January

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The takeover, valued at about $70 billion when it was announced in April, has come under scrutiny as crude prices slumped below $40 a barrel amid a global oversupply.

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By Amanda Jordan: December 21, 2015

Shareholders of Royal Dutch Shell Plc and BG Group Plc are expected to vote on Jan. 27 and Jan. 28 on the companies’ planned combination announced eight months ago.

Shell and BG plan to publish shareholder documents as soon as Tuesday, the companies said Monday in a regulatory statement. In BG’s case, votes in favor must represent at least 75 percent of the total value of BG shares. Shell requires 50 percent backing.

Shell, Europe’s biggest oil company, won Chinese antitrust approval for its purchase of Reading, England-based BG this month, clearing the last regulatory hurdle for the deal. 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.

YOUR COMPANY IS EVIL

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London Rising Tide protesters outside the Royal Courts of Justice to highlight Shell’s devastating pollution in Nigeria 

To whom this may concern, 

I am writing an e-mail to you to let you know how disgusting and disgraceful company is, I am referring to the oil spills in Nigeria where your carelessness has affected the lives of the local people there…….I know that it is of little concern for your company who care nothing but making profit. It is also annoying to know individuals are powerless to make a difference and your continuation of lying of cleaning the oil spills or even repairing the pipes which are leaking this hazardous poison (oil) into mother earth. 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 Sea JR Legal Fund

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Four local residents have initiated a legal challenge to the Environmental Protection Agency’s decision granting Shell E&P Ireland an INDUSTRIAL EMISSIONS LICENCE P0738-03 for the Corrib gas refinery in Co Mayo.

THIS IS THE FINAL DECISION TO PUMP THE GAS

In proceedings before the High Court, four residents argue THAT the decision to grant the license is flawed and should be set aside.

The action, against the EPA and the State, has been brought by Martin and Maura Harrington, and Monica Muller and Peter Sweetman.  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.

Royal Dutch Shell presses ahead with BG tie-up despite oil price fears

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 shareholders expected to vote on BG deal on January 27-28

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Royal Dutch Shell (RDSa.L) said shareholder meetings to approve its acquisition of BG Group Plc (BG.L) are expected to take place on Jan. 27 and Jan. 28.

BG will on Monday seek the High Court’s nod to hold shareholder meetings for the deal, which was announced on April 8 and is the biggest in the sector in a decade.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Sunil Nair)

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.

Shell, BG close in on merger, set to publish scheme document

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Written by Rita Brown – 21/12/2015

Industry giants Shell and BG are zeroing in on their mega-merger.

Following unanimous approval from both boards, BG today confirmed it was seeking approval from the High Court to publish its scheme document and convene the related shareholder meeting.

The document is expected to be published tomorrow.

A Shell spokesperson added:”Subject to approval of the UK Listing Authority, the Shell shareholder circular and prospectus are expected to be published at the same time as the scheme document. 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.