News and information on Shell PLC
Written by Mark Lammey – 16/02/2016
Shell leapfrogged Total to become the UK’s biggest net oil and gas producer after completing its £47billion takeover of BG Group.
The “mega-merger” was approved by shareholders from both companies last month and went through yesterday.
It creates a firm with a net output of 200,000 barrels of oil equivalent (boe) per day in the UK alone.
A company’s net, or equity output is the amount it produces based on the size of its share in an oil or gas field.
SAO PAULO: Tue Feb 16, 2016
Brazilian oil and gas company Petro Rio SA PRIO3.SA said on Tuesday that Royal Dutch Shell (RDSa.L) had canceled an agreement to sell offshore assets in the Campos Basin for an undisclosed sum.
Europe’s largest oil company, which gained approval last month to take over BG Group BG.L, had agreed in January 2015 to sell its 80 percent stake in the Bijupirá and Salema fields, along with a drill ship, to Petro Rio, known then as HRT.
(Reporting by Gustavo Bonato and Brad Haynes; Editing by David Goodman)
The mega-deal – creating the biggest trader of liquefied natural gas – came into force after shareholders waved through the tie-up at the end of January.
Chief executive Ben van Beurden said it marked an “important moment for Shell”, which would bolster its cash flow and “significantly boost” its reserves and production.
The impact of the deal – coupled with the low oil price – will lead to 10,000 job losses, with Shell already cutting 7,500 staff, while a further 2,500 positions are expected to be lost now the deal is complete. Shell also looks set to offload $30bn of assets.
Matt Chambers: FEBRUARY 16, 2016
With the $90 billion takeover of BG Group finally complete, Royal Dutch Shell will restructure its Australian business, resulting in job losses, probably running into the hundreds, in Brisbane and Perth.
The oil major says no decisions have been made on numbers of job cuts that will be made locally, despite in December saying 2800 jobs would go worldwide as a result of the biggest oil takeover in more than a decade.
Shell Australia chairman Andrew Smith says there has been no change to the logic of the deal, which will see Shell take control of the $US20bn Queensland Curtis LNG project, the first of three big LNG projects to export from Gladstone.
Tuesday 16 February 2016
London-listed Royal Dutch Shell has overtaken California-based Chevron to become the world’s second biggest non-state owned oil company.
The move comes after Shell completed the acquisition of BG Group which nudges its value to £133bn – now in excess of Chevron £112bn market capitalisation.
The £36bn acquisition of BG group by the Anglo dutch company was completed on February 15 having first been mooted in April 2015.
The deal – the industry’s biggest this decade – comes against a backdrop of falling oil prices.
Robin Pagnamenta James Hider Energy Editor: February 16, 2016Writing exclusively for The Times on the first day after completing the merger, Ben van Beurden, Shell’s chief executive, promised to retain many of BG’s existing assets in the North Sea, where high costs and plunging oil prices have fuelled deep unease about job losses and future investment…
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell, said in Brazil on Feb. 15 that the government should allow for more foreign investment in the country’s lucrative off-shore oil fields without having to partner with beleaguered oil major Petrobras.
Brazil’s government-owned oil giant, Petrobras, should cede some of its drilling rights to foreign firms, Royal Dutch Shell Oil CEO Ben van Beurden was quoted saying in Estado de Sao Paulo newspaper on Monday.
The Shell Oil man is arguing for greater private investment in Brazil’s precious off-shore oil fields in the Atlantic Ocean, rather than current rules that require 50% ownership by Petrobras. In theory, such a move would entice private oil firms to explore for more oil and keep it for themselves, rather than having to share half of it with Petrobras. That wouldn’t eliminate government royalties, of course, but it would give foreign firms like Shell the incentive to explore and develop deep water oil fields on their own.
This is not a Shell website. That fact should be abundantly plain from the overall content of this home page and our sister Shell-focussed websites, including shellnazihistory.com. Click on the Disclaimer link at top of this page for more information. You Can Be Sure Shell does not endorse or approve of this website. There are no subscription charges nor do we solicit or accept donations. It is an entirely free to use website drawing attention to the negative side of Shell while also publishing positive news about the company. The Shell logo image with the white text used on this website, as per the above example, is in the public domain because its copyright has expired and its author is anonymous. It can be found on WIKIMEDIA COMMONS. Our shellenergy.website publishes Shell Energy customer complaints posted on Trustpilot where there is an ample supply. Use this link for Shell’s own website.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA – HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
MORE DETAILS: After a solicitor acting for Shell threatened to make the litigation "drawn out and difficult" with the intention of draining the resources of a financially weaker opponent, my late father (Alfred Donovan) and I decided to mount a wide-ranging campaign as a counter-measure. We jointly founded the Shell Corporate Conscience Pressure Group, which nearly 15% of Shell UK retailers joined. We regularly conducted ethical surveys involving up to 1500 Shell petrol stations. All responses were opened and authenticated by an independent solicitor who supplied Affidavits confirming the results. In whole page announcements in trade magazines (examples above) we challenged Shell to commission and publish the resuits of independent research asking the same questions and offering respondents GUARANTEED anonymity. Shell never took up the invitation. Instead it asked the UK Advertising Standards Authority to investigate our Shell surveys. No problems were found. The head-cut image of Alfred Donovan appears courtesy of The Wall Street Journal. 
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission website etc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our websites and/or our activities.
John Donovan, the website owner
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
