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Sakhalin II

August Off To A Shaky Start For Oil Markets

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Screen Shot 2015-01-12 at 08.45.23By Evan Kelly: Tue, 04 August 2015

August started off on a dour note for crude oil, with prices tanking by around 5 percent on August 3. A slew of negative news from around the world weighed on prices. The Greek stock market plummeted on the first day of trading after being closed for five weeks. The Athens Index dropped by 16 percent on August 3 and continued its descent as of midday trading on August 4. Concerns over the Chinese economy once again reared their head as the government moved to put restrictions on short selling to stop the collapse of the stock markets. WTI fell below $46 per barrel and Brent briefly dipped below $50 per barrel before rebounding a bit on August 4. read more

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Shell to Strengthen Russian Hand Through Gazprom Asset Swap

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Screen Shot 2015-06-18 at 22.09.48by Rakteem Katakey: August 3, 2015: BLOOMBERG.COM

Royal Dutch Shell Plc will swap a stake in one of its international energy assets for part of Gazprom PJSC’s Sakhalin-3 project as Europe’s biggest oil company extends ties with Russia.

The companies are discussing which asset would be offered to Gazprom, Shell Chief Executive Officer Ben Van Beurden said last week in London. For Shell, the prize is greater involvement in the world’s biggest gas reserves.

“Russia sits on 25 percent of the world’s gas reserves and is very, very close to markets that we are very familiar with,” Van Beurden said July 30, on the sidelines of the company’s earnings presentation. Shell is also pushing “to see how we can work with Gazprom internationally.” read more

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Shell’s Positioning For Better Russia And Iran Relations Is Part Of Its Global Gas Strategy

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Screen Shot 2015-06-18 at 22.09.48Zoltan Ban: 23 July 2015

Summary

  • Shell has been showing long-term interest in moving more towards natural gas for a while, with natural gas production surpassing its oil production in 2013.
  • Aside from its major acquisition of BG group, it is forming an alliance with Gazprom and is looking to be among the first in Iran.
  • The overall big picture suggests that Shell is giving up on North American shale gas and focusing on being a major player in conventional gas and LNG.

Before Royal Dutch Shell (RDS.A, RDS.B) acquired BG Group, it was already a major player in the gas industry. Its upstream production has been more than half natural gas since 2013 already. It is constantly looking to expand its downstream presence, with plans such as the ethylene plant it wants to build in Pennsylvania, in order to take advantage of the cheap gas in the North-Eastern part of the United States. It also has a gas to liquids plant in Qatar, which is the world’s biggest. It should be no surprise then to see Shell actively involved in setting up a tighter partnership with both Russia and Iran. read more

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Investors Are Underestimating Royal Dutch Shell Plc’s Deal To Buy BG Group plc

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By Rupert Hargreaves – Monday, 20 July, 2015

Large-cap FTSE 100 blue chips like Royal Dutch Shell (LSE: RDSB) are considered to be relatively safe investments.

Unfortunately, Shell has been trying to go against this belief over the past year. During the past 12 months Shell has taken on three high-risk projects, all of which could cripple the company if they don’t go to plan. 

As a result, investors have turned their backs on the oil giant and Shell’s shares have underperformed the FTSE 100 by a staggering 25% over the past year.  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.

Putin to blame for MH17 shootdown, but Dutch oil interests (SHELL) will thwart any prosecution

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Screen Shot 2015-06-18 at 22.09.48“The Dutch have a company that everybody knows, called Royal Dutch Shell, and Russia has some projects that Shell could make lots of money from,” Koshiw says. Royal Dutch Shell is teaming up with Russian Gazprom on several projects despite Western sanction on Russia, and at the beginning of 2015 they signed a memorandum to build two new Nord Stream gas pipelines under the Baltic Sea. “Shell is the Netherlands’ number one company, so they will be very careful in attacking Putin,” Koshiw explained. “They have an important relationship with Gazprom, and that’s key.” 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.

Gazprom lays bare West’s vulnerability

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Royal-Dutch Shell is teaming up with Gazprom on several projects despite Western sanctions on Russia.

Screen Shot 2015-06-18 at 22.09.48The expanded partnerships fly in the face of European and American sanctions which ban joint ventures with Russian energy companies.

23 June 2015

Europe’s efforts to reduce dependence on the Russian energy have been dealt a new blow after reports that the Anglo-Dutch energy behemoth Shell was teaming up with Gazprom on several projects. 

Shell as well as Germany’s E.ON and Austria’s OMV Group signed a memorandum with Gazprom last week to build two new Nord Stream gas pipelines under the Baltic Sea to Germany. They hope to ship 55 billion cubic meters of gas to Europe each year. read more

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Gazprom-Shell Partnership Flies In The Face Of Sanctions

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Charles KennedyMon, 22 June 2015

Russian energy giant Gazprom is building up a global portfolio with a western oil major.

Gazprom and Royal Dutch Shell are teaming up on several energy projects that will benefit both. The two energy companies have agreed to build an expansion of the Nord Stream Pipeline, a major natural gas pipeline that travels beneath the Baltic Sea. The pipeline is a priority for Russia, which will allow it to expand its natural gas exports to Europe while also cutting out Ukraine from the mix.

Gazprom, Shell, along with E.ON and OMV – two gas importers in Western Europe – have agreed to build the $11 billion expansion of Nord Stream. read more

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Are European Companies Ignoring E.U. Sanctions On Russia?

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Screen Shot 2015-06-18 at 22.09.48Are European Companies Ignoring E.U. Sanctions On Russia?

Kenneth Rapoza: 22 June 2015

…some very powerful entities in the E.U. have had it with sanctions. For example, Gazprom, Shell, E.ON and Austria’s OMV Group signed a memorandum last Thursday…

It’s been nearly a year since sectoral sanctions were slapped on Russia for its involvement in helping create a frozen conflict in Eastern Ukraine. European and American companies banned financing of Russian energy firms, and banks. They banned any joint venture deals with Russian oil and gas companies that involved exploration and production, or the selling of technologies used in E&P. But if a string of memorandum of understandings signed during last week’s St. Petersburg International Forum puts anything in the spotlight this week it is this: some very powerful entities in the E.U. have had it with sanctions. 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.

Gazprom set to build global strategic alliance with Shell

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Screen Shot 2015-06-18 at 22.09.48A Gazprom logo is displayed above its headquarters in Moscow. Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets.

The deal with Shell is a coup for Gazprom at a time when many Western companies are reducing their exposure to Russia because of Western sanctions over Moscow’s actions in Ukraine.

Reuters/St Petersburg, Russia

Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets, its chief executive told Reuters.

Gazprom, the world’s top gas producer, said on Thursday that Shell and its long-time gas buyers in Europe – Germany’s E.ON and Austria’s OMV – had agreed to build two new Nord Stream gas pipelines under the Baltic sea to Germany. 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.

Exclusive – Gazprom building global alliance with expanded Shell

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Exclusive – Gazprom building global alliance with expanded Shell

The deal with Shell is a coup for Gazprom at a time when many Western companies are reducing their exposure to Russia because of Western sanctions over Moscow’s actions in Ukraine. Gazprom, which is under U.S. but not EU sanctions…

Fri Jun 19, 2015

Gazprom (GAZP.MM) is building a global strategic alliance with energy major Royal Dutch Shell (RDSa.L) that will include asset swaps and allow the Russian gas giant to penetrate new markets, its chief executive told Reuters.

Gazprom, the world’s top gas producer, said on Thursday that Shell and its long-time gas buyers in Europe – Germany’s E.ON (EONGn.DE) and Austria’s OMV (OMVV.VI) – had agreed to build two new Nord Stream gas pipelines under the Baltic sea to Germany. 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.

Gazprom, Shell agree to expand Sakhalin-2 project

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Screen Shot 2015-06-18 at 22.09.48Gazprom, Shell agree to expand Sakhalin-2 project

Thu Jun 18, 2015

(Reuters) – Russian gas producer Gazprom and Royal Dutch Shell have signed an agreement to expand the Sakhalin-2 LNG project, Gazprom said in a statement on Thursday.

The Sakhalin-2 project, Russia’s sole LNG plant, has a current annual capacity of around 10 million tonnes. The third line would add another 5 million tonnes of liquefied natural gas a year.

Officials from both companies signed the agreement at an economic forum in Russia’s second city of St Petersburg on Thursday, but gave no specific timing. read more

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Shell Expects Russia’s Sakhalin-2 Project to be Expanded — CEO

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Shell Expects Russia’s Sakhalin-2 Project to be Expanded — CEO

June 3, 2015

Shell expects that the Sakhalin-2 project will be expanded, its CEO Ben van Beurden said Wednesday, writes TASS.

“This is what we will be working at, we’re very interested in developing business in Russia,” he said, adding that he will be discussing the issues related to the company’s cooperation with Russia at a meeting with Energy Minister Alexander Novak.

We’re committed to cooperation with Russia in the long-term and it’s important for us to continue dialogue with the Russian Government, he said. read more

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SAKHALIN2: How many billions of dollars did Shell lose in Russian annexation?

Chris Finlayson representing Shell and Alexander Medvedev, Gazprom’s Vice Chairman

By John Donovan

Royal Dutch Shell executive Chris Finlayson held a leadership position in Shell’s Sakhalin II project in Russia from September 2005 to September 2009.

The venture was described as “the Mother of all Projects” by the Financial Times.

When Finlayson joined the Sakhalin II project, Shell was the controlling stakeholder in the venture.

By the time he departed, Shell had lost its controlling stake and had become a junior partner in humiliating circumstances.

The Putin government found out that Shell had hidden information from them in a high level cover-up. As a Russian government minister, Oleg Mitvol, confirmed to the news media at the time, and more recently in a GERMAN TV documentary segment broadcast across Europe, I supplied that crucial insider information to him. I did so before the real nature of Putin had become apparent.   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.

News suppression allegations made by Peter Oborne

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By John Donovan

The Sunday Times has today published a whole page news story under the headline:

“READ ALL ABOUT IT”

The article is focused on sensational allegations by Peter Oborne, who has just resigned as the Chief Political Commentator of The Daily Telegraph.

The Sunday Times is understandably delighted to have a poke at one of its rivals, but is it being hypocritical?

Peter Oborne departed on the claimed grounds that the Telegraph has deliberately suppressed news coverage about the HSBC scandal because of concern that it might lose HSBC advertising revenue. The Swiss subsidiary of HSBC has admitted assisting wealthy clients to evade taxes and hide assets. 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 backs out of Russian oil projects

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In April 2014, following the Russian Annexation of Crimea, Shell COE, Ben van Beurden, was still bowing to Putin and full of ambition for Russian oil and gas projects. 

By John Donovan

In April 2014, Royal Dutch Shell Chief Executive Ben Van Beurden claimed that the company had no plans to change its work with its Russian partners, despite the conflict in Ukraine.

His resolve seems to have crumbled following the imposition of further sanctions by the USA and Europe against the Putin regime.

A number of news articles are reporting that Shell has followed Exxon in suspending tight oil projects in Russia.

According to Reuters, “Oil major Shell has suspended development of hard-to-recover oil in Russia’s Bazhenov formation with Gazprom Neft, Interfax cited Gazprom Neft’s head as saying on Friday, after the West imposed sanctions on Russia over Ukraine.” 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 Prelude Project ‘A Step Too Far’

Screen Shot 2014-09-25 at 17.11.37By John Donovan

I have received a comment about the most recent Bill Campbell Prelude article from another expert, a former Shell executive. 

I refer to Hans Bouman, the retired Groningen Gas Field Asset Manager for NAM, a joint Royal Dutch Shell/ExxonMobil operation.

Mr Bouman is the expert who in 2002 warned Shell/Sakhalin Energy internally of his concerns over the Sakhalin2 project, including an unforgiving schedule, a theme he returned to a number of times. 

Extract from a May 2002 internal email from Hans Bouman to Engel van Spronsen, Technical Director, Sakhalin Energy: read more

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Potential serious impact on Shell from new Sanctions on Russia

Screen Shot 2014-03-10 at 23.56.16American and European explorers such as Exxon and Royal Dutch Shell Plc , which is drilling in Siberian shale rock formations, will have to act fast to avoid violating the bans. “Those new sanctions imposed on Russia by the U.S. and Europe on Friday will, among other things, force Exxon Mobil, Royal Dutch Shell… and other big oil companies to wind up their joint ventures with Kremlin-controlled Rosneft and Gazprom

By John Donovan

The territorial ambitions of the aggressive and dangerous Putin regime in Russia looks likely to undermine the fortunes of Royal Dutch Shell and ExxonMobil in Russia and the Ukraine. This is dispute the grovelling attitude towards Putin by Exxon’s Rex Tillerson and Shell CEO Ben van Beurden, who actually bowed to Putin in their last meeting

Energy Law360 reports that “The U.S. and European Union moved in conjunction to dramatically escalate new sanctions against Russia on Friday, ratcheting up pressure on Moscow’s financial, energy and defense sectors and further severing the nation’s corporate titans from lucrative capital markets in response to the persistent unrest in Ukraine. 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.

Potential Bad News for Royal Dutch Shell and BP

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Screen Shot 2014-02-10 at 16.29.29By John Donovan

An article by Matthew Smith published by Seeking Alpha warns about the potential adverse impact on the share value of companies with “exposure” in Russia, such as BP and Royal Dutch Shell.

The CEO of Shell, Ben van Beurden, is well aware of the risk to Shell’s Russian assets and future prospects, which explains his humiliating bowing to President Putin when they met just weeks after the Russian invasion and annexation of Crimea. Obviously a believer in appeasement.  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 News Roundup 25 August 2014

RUSSIA

Jeroen van der Veer, the former Royal Dutch Shell CEO who evaded responsibility for his role in the cover-up of the Shell reserves fraud, claims that the sanctions against Russia are not working and are counter-productive. This analysis comes from the man who badly misjudged the Putin regime in 2006 and as a result, ended up meekly surrendering Shell’s majority stake in the Sakhalin 2 project. 

UK

The British government has just introduced a rule requiring oil, gas and mining companies registered in the UK to disclose all payments made to the governments of countries in which they operate. The new rule, which comes into force in 2015, is designed to result in greater transparency, something alien to oil companies such as Shell. Problems may arise in relation to Nigeria where Shell has a decades long history of corruption involving a succession of odious regimes. 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 News Roundup Monday 11 Aug 2014

Screen Shot 2014-02-10 at 16.29.29Rejection in Australia, Oil Spill Fire in Nigeria, Fire sale in the USA, Asbestos lawsuit in the UK

By John Donovan

AUSTRALIA

The Australian reports that a fortnight after Woodside Petroleum shareholders scuttled a $2.7 billion plan to remove Royal Dutch Shell from the company’s share register, Woodside has bought a 40% stake in a joint venture deep water exploration project off west Africa.

NORTH AMERICA

According to the FT, Shell is preparing to dispose of its 50 per cent stake in a Louisiana gasfield to Blackstone for $1.2bn, as the oil and gas group retreats from one of its souring investments in North America. Private equity group, Blackstone, is named as the likely purchaser.  The article contains reference to the “fix or divest” policy of Royal Dutch Shell CEO, Ben van Beurden in relation to Shell’s under performing North American upstream business. 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.

Russia Sanctions Failing to Stanch Energy Deals With Japan

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By John Donovan

Nato says that Russia has amassed 20,000 combat-ready troops on the border of eastern Ukraine.

The US and the EU have stepped up sanction measures on Russia moving from targeted to sector sanctions. 

Unfortunately for Royal Dutch Shell its current business and future prospects depend on maintaining good relations with Putin.

Hence the bootlicking by Shell CEO Ben van Beurden when he met with Putin following the Russian invasion and annexation of Crimea. 

The Sakhalin II project in which Shell used to be the majority stakeholder still remains an important asset to the oil and gas giant. Sanctions may yet impact on Sakhalin II. 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: 12 Shell staff and family members killed on flight MH17

Screen Shot 2014-02-10 at 16.29.29Extract from FT “Week in review” published 2 August 2014

Majors brace as sanctions against Russia tighten read more

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Shell has declared force majeure on gas exploration in eastern Ukraine: CEO

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Extracts from a PLATTS article published 31 July 2014

Shell CEO Ben van Beurden said Thursday, July 31 that the recent events around the Ukraine crisis, including the crash of flight MH17 and the subsequent US and EU sanctions against Moscow, were a “game-changer” from an international political, economic and trade point of view. Shell, which has assets in both Russia and Ukraine, has also declared force majeure on its unconventional gas exploration operations in eastern Ukraine, van Beurden said on a Q2 earnings conference call. Van Beurden said it was too early to know exactly what the impact of the latest international sanctions against Russia would be for Shell. read more

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The grief of Ben van Beurden

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Screen Shot 2014-02-10 at 16.29.29Extracts from a Daily Mail/This is MONEY” article by Rob Davies published 31 July 2014 under the headline: “Energy lift boosts shares in Royal Dutch Shell and BG Group after both post strong second quarter results”

Boss Ben van Beurden has vowed to sell underperforming assets and be more selective about spending, after beginning his tenure in January with the firm’s first profit warning in a decade. Van Beurden said Shell was ‘less exposed than some of our rivals’ to the impact of sanctions on Russia after the downing of Malaysian Airlines flight MH17 over Ukraine. But he focused on the emotional impact on Shell, which lost four staff and eight members of their families. ‘As a Dutchman, of course, I grieve for the many compatriots who lost their lives in this crash,’ he said. ‘Then, as CEO of Shell, I grieve together with the other 92,000 Shell staff for the colleagues we lost, together with so many of their family members.’ 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 PLC AND RUSSIA: BUSINESS AS USUAL

By John Donovan

Shell CEO Ben van Beurden was straightforward in what he publicly stated at the 2014 AGM of Royal Dutch Shell Plc. He said that Shell puts the interests of its shareholders first, above any geopolitical considerations. That is his excuse for Shell’s dealings with evil regimes in Iran and Russia, irrespective of sanctions. You can tell all you need to know about Ben’s priorities from his failure to sign the document “SHELL BUSINESS PRINCIPLES” – it is still signed by his predecessor Peter Voser, who abandoned ship long ago.  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 Leaves Business Strategy for Russia Unchanged Despite Sanctions

Screen Shot 2014-02-10 at 16.29.29British oil giant is determined to continue its work in Russia and will not change its business strategy in the country, despite the sanctions imposed against Moscow by the United States and European Union, representative of Shell’s press service told RIA Novosti on Friday.

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MOSCOW, July 25 (RIA Novosti) – British oil giant is determined to continue its work in Russia and will not change its business strategy in the country, despite the sanctions imposed against Moscow by the United States and European Union, representative of Shell’s press service told RIA Novosti on Friday.

“Shell continues to run business in Russia both in the upstream and downstream without any changes. We monitor the situation regarding the sanctions. But so far there have been no changes in either the business itself or in the business strategy,” the source said. read more

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The world is being held hostage

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Screen Shot 2014-02-10 at 16.29.29Extract from a NewsDay article by MARTIN SCHRAM published 23 July 2014 by McClatchy-Tribune News Service under the headline: “Schram: The world is being held hostage” 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.

Europe fails to impose tough sanctions on Russia

Screen Shot 2014-02-10 at 16.29.29Extract from a Seeking Alpha article published 23 July 2014

EU foreign ministers failed to impose any tough sanctions against Russia during a meeting of the bloc’s foreign ministers yesterday, NYT reports.

Dependent on Russia’s energy and wary of confrontation, Europe’s leaders have largely decided they will have to live with a newly assertive Russia.

The Netherlands lost at least 193 victims in the Malaysian Airlines crash over Ukraine, but Royal Dutch Shell  is one of the largest foreign investors in Russian gas fields in Siberia; if Shell loses money, the pensions of Dutch teachers, civil servants and many others suffer. read more

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‘Shell will try to prevent any sanctions against Russia’

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Screen Shot 2014-02-10 at 16.29.29Extracts from a New York Times article by Thomas Erdbrink published 23 July 2014 in the New York edition under the headline: “Despite Anger Over Downed Jetliner, Europe Shies Away From Sanctions on Russia”

Shell, the Anglo-Dutch oil giant, which has its head office in The Hague, is one of the largest foreign investors in Russian gas fields in Siberia. Shell is the largest corporation in the Netherlands, and its stock is widely held in the nation’s pension funds. If Shell loses money, the pensions of Dutch teachers, civil servants and many others suffer.

As a result, the ties between Shell and the government are extremely close, and the company’s welfare inevitably influences policy, analysts said. 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.

Death of 193 Dutch Strains Russian Relations for Shell, Heineken

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At one point the largest foreign investor in Russia, Shell declined to comment on whether its business would be affected after the downing of the plane. The company lost four employees in the incident, it said yesterday.

BloombergBusinessweek article by Celeste Perri, Maud van Gaal and Fred Pals published 22 July 2014

For centuries, the fortunes of the Netherlands, the wind-swept country carved out of North Sea wetlands, have relied on preserving the peace with its global trading partners. Last week’s downing of an airliner carrying 193 Dutch nationals is testing one of its most important relationships, involving companies from Royal Dutch Shell Plc (RDSA) to Heineken NV. (HEIA)

The Netherlands was Russia’s third-biggest trading partner last year, data compiled by Bloomberg show. The Dutch, home to the busiest container port in Europe and the region’s biggest energy company, send dairy products, meat and machinery to Russia, which the U.S. says is complicit in the attack. 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.

A Horrified Netherlands May Rethink Its Economic Ties With Russia

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Screen Shot 2014-02-10 at 16.29.29Extract from a BloombergBusinessweek article by Carol Matlack published 21 July 2014

The Netherlands, a nation of traders, generally doesn’t like to let politics interfere with business. The death of 193 Dutch nationals in the Malaysia Airlines  jet crash could change that.

Major Dutch companies with business interests in Russia also are drawing fire for their relations with President Vladimir Putin. “In April of this year, when the crisis over Crimea was at its height, [Royal Dutch Shell Chief Executive Officer] Ben van Beurden made a point of visiting Putin and saying that no matter the political situation, Shell and Russia had great plans for the future…” 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.

Will Royal Dutch Shell Be Forced to Skedaddle From Russia?

Screen Shot 2013-10-01 at 07.59.11Extract from a Motley Fool article by David Smith published 21 July 2014 under the headline: “Will ExxonMobil, BP, and Royal Dutch Shell Be Forced to Skedaddle From Russia?”

Amid a crescendo of calls in Washington for the imposition of severely tightened sanctions on Moscow, following last week’s tragic shoot-down of a Malaysian airliner over Ukraine, I’m wondering whether in, say, six months, the likes of ExxonMobil, BP, and Royal Dutch Shell, will retain permission to work side-by-side with Rosneft and other Russian state-controlled energy companies.

Shell has a 27.5% interest with Gazprom in Sakhalin-2 on a desolate, eponymously named island in the Sea of Okhotsk, to Russia’s east. Until 2006 Shell operated the project, but late that year it was forced to sell much of its then majority interest to Gazprom, for what was generally agreed to be a pittance, relative to the $20 billion the company had already invested in the project. read more

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Royal Dutch Shell and U.S. Sanctions on Russia

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Shell CEO Ben van Beurden bows to President Putin during a meeting held on 18 April 2014

Screen Shot 2014-04-26 at 10.44.49By John Donovan

Royal Dutch Shell directors must be feeling anxious again.

For some years Shell continued to trade with Iran despite U.S. sanctions and engaged in machinations in an attempt to disguise what was going on. 

Today, President Obama escalated sanctions against Russia, targeting in particular Russian energy giant Rosneft and Gazprombank, the financial arm of Gazprom.

Rosneft and Gazprom are controlled by the Putin regime and both have important business dealings with Shell. 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.

China gets into bed with Putin

Screen Shot 2014-04-28 at 15.30.36Extract from an Investors Chronicle article published 29 May 2014

In the week in which Prince Charles demonstrated that he had inherited his father’s gift for diplomacy, Russia and China finally signed a $400bn (£238bn) gas supply deal that had been a decade in the making. The timing couldn’t have been better, at least from a Russian perspective. With all the talk centred on the political impasse in Ukraine, and the necessity for Europe to diversify its gas supplies away from Russia, Gazprom promptly turned around and secured a huge new export market at a single stroke. What does the Gazprom deal mean for the likes of BG Group (BG.) and Royal Dutch Shell (RDSB), both of which have expanded their LNG capacity to tap into Chinese industrial growth? read more

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Shell to expand investment in Russia

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By John Donovan

Russian energy minister Alexander Novak boasted earlier today that Shell (and ExxonMobil) are expanding operations in Russia and the Russian Foreign Ministry has said energy cooperation should not be damaged by political tensions. See extracts below from a RIA Novosti article.

What the Putin regime is claiming is in absolute accordance with what the Royal Dutch Shell CEO Ben van Beurden was saying on Tuesday at the Shell AGM. He bluntly made it clear that Shell’s priority is what is in the economic interests of Shell shareholders, not geopolitical concerns i.e. the invasion of Crimea. That explains why he happily bowed to Putin on Good Friday after the annexation. Ethics and moral issues are put to one side.  read more

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Shell’s exposure to Russia is a meaningful risk

Screen Shot 2014-04-26 at 11.34.57Extracts from a Motley Fool article by Arjun Sreekumar published 19 May 2014 under the headline: Which Oil Majors Have the Greatest Exposure to Russia?

BP, Exxon, and Shell all have significant exposure to Russia. If the U.S. and its allies were to impose a ban on the export of Western oil and gas technology to new projects being undertaken by Kremlin-controlled companies, it would probably dash Exxon and Shell’s ambitions to explore areas like western Siberia and the Arctic seas. All told, BP, Exxon, and Shell’s exposure to Russia is a meaningful risk — albeit one that may already be priced in — and one that investors should carefully consider before investing in these companies. read more

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Royal Dutch Shell shameful record of appeasement

By John Donovan

For nearly a hundred years the Royal Dutch Shell Group has appeased and collaborated with evil regimes including Nazi Germany, Nigeria, Brunei, Saudi Arabia, Libya, Iran, Iraq under Saddam Hussein, Apartheid South Africa and with Putin of Russia, despite his annexation of Sakhalin2 and Crimea. Anything to earn a buck irrespective of ethics, human rights abuses and massive corruption. Astonishingly, Shell claims to operate with a set of business principles. Shell’s latest CEO, Ben van Beurden, is shown bowing to Putin on 18 April 2014,  soon after Russia had used force to annexe Crimea. No shame. No morals. Its just business. It is what Ben van Beurden describes as Shell’s “economic interests.”  Following in the foot steps of the founder of the Royal Dutch Shell Group, the ardent Nazi, Sir Henri Deterding.  read more

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Is Russia’s Hostility Exposing Royal Dutch Shell?

Screen Shot 2014-04-28 at 15.30.36Extracts from a Motley Fool article by Arjun Sreekumar published 17 May 2014

Shell clearly has significant exposure to Russia. The worst-case scenario for the company, as well as for BP and other companies operating in the nation, would be if the U.S. and European Union sanctioned Russia’s energy sector. Such economic penalties would make it problematic for Shell to maintain relations with Gazprom… As I understand it, such a sanction, if imposed, would not impact Shell’s existing projects. However, it would affect new projects and expansion plans, including perhaps the proposed expansion of Sakhalin-2. It could also hamper Shell’s 50/50 joint venture with Gazprom in western Siberia’s Salym fields…  I remain cautious about Shell’s exposure to Russia. read more

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Shell: not entering new Russia investments

Shell's Ben van Beurden bows to Putin on Good Friday, 18 April 2014

Shell’s Ben van Beurden bows to Putin on Good Friday, 18 April 2014

Extracts from an article by AP Business Writer TOBY STERLING published 30 April 2014

AMSTERDAM (AP) – Royal Dutch Shell PLC says it will not be entering new investments in Russia anytime soon as tensions rise over the country’s confrontation with Ukraine. Chief Financial Officer Simon Henry said the company, Europe’s largest oil company, will continue to oversee its existing operations and will cooperate with any sanctions placed upon Russia by Western powers. Amid the uncertainty, however, it will hold back on starting new projects. Meanwhile, Henry defended a meeting this month between Shell CEO Ben van Beurden and Russian President Vladimir Putin, saying it should not be interpreted as the company taking sides in the Ukrainian crisis. read more

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Bowing to Putin

Shell's Ben van Beurden bows to Putin on Good Friday, 18 April 2014

Shell’s Ben van Beurden bows to Putin on Good Friday, 18 April 2014

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By John Donovan

I have checked and thus far have been unable to find any photographs of Rex Tillerson (ExxonMobil) or Robert Dudley (BP) bowing in the slightest to Putin. It seems that only Royal Dutch Shell executives, Jeroen van der Veer, Peter Voser, and Ben van Beurden, have been prepared to stoop that low.

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BP and Shell to be exposed as G7 plans for sectoral sanctions against Russia

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Screen Shot 2014-04-26 at 10.44.49Extract from Forex Live article by Mike Paterson published 28 April 2014

…part of the US plans looks likely to have a serious impact on UK energy giants BP and Shell The US Treasury is also eyeing some form of sanction against Gazprombank, the financial arm of the gas monopoly Gazprom. This would greatly complicate Shell’s joint operations with Gazprom…

FULL ARTICLE

RELATED: U.S. Sanctions Target Putin’s Inner Circle 

Extract

The Obama administration imposed sanctions on seven Russian officials and 17 companies linked to Russian President Vladimir Putin’s inner circle involved in banking, energy and infrastructure. The list includes Igor Sechin, OAO Rosneft chief executive officer… read more

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We warned BG Group about Chris Finlayson

Screen Shot 2014-04-28 at 14.28.09“BG Group chief executive Chris Finlayson has been ousted by the oil and gas explorer’s board following a disastrous 16 months in the job….” No one can say that we did not repeatedly warn BG Group about the competence and ethics of Chris Finlayson…

By John Donovan

The news media is reporting that former Royal Dutch Shell executive Chris Finlayson has quit as CEO of BG Group.

Actually, he was unceremoniously fired.

Extract from article published by The Independent: “BG Group chief Chris Finlayson resigns after 16 months at the helm

BG Group chief executive Chris Finlayson has been ousted by the oil and gas explorer’s board following a disastrous 16 months in the job.  He is understood not to have another job to go to… In an unusually blunt statement Gould said: “The board felt that it was in the best interests of the group to accept Chris’ resignation and seek fresh leadership.” Since taking over Finlayson has presided over a succession of profit warnings and a 37% slump in annual profits… read more

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BP and Shell exposed as US prepares first warning shot against Russia’s oil and gas industry

Firms may be forced to curtail operations as G7 Screen Shot 2014-01-30 at 00.47.49powers prepare to launch new sanctions   

Extract from an article by  published1:28PM BST 27 Apr 2014 by The Telegraph

Britain’s top energy companies face an extremely delicate situation as the world’s G7 powers prepare to launch the next wave of sanctions against Russia, and may be forced to curtail operations or freeze certain commercial ties with the country. The US, Japan, Germany, Britain, France, Italy and Canada have agreed to “intensify targeted sanctions to increase the costs of Russia’s actions” – possibly as soon as Monday… The G7 is for now holding back Iranian-style “stage 3” sanctions against the whole Russian banking system, mining industry, or the oil and gas nexus. This nuclear option… Both BP and Shell said they remain committed to their long-term investments in Russia but are monitoring the situation closely.   read more

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Sanctions not enough to deter hydrocarbon-hungry firms

Shell's Ben van Beurden bows to Putin on Good Friday, 18 April 2014

Shell’s Ben van Beurden bows to Putin on Good Friday, 18 April 2014

Extract from a BusinessDay article published 26 April 2014

Shell also expressed commitment to its expansion projects in Russia. Ben van Beurden, chief executive of Royal Dutch Shell told Russian President, Vladimir Putin at a meeting recently. Shell plans to expand Russia’s only liquefied natural gas (LNG) plant with Russian partner Gazprom. Van Beurden said that Shell “are very keen to grow our position in the Russian Federation and we look forward with anticipation and confidence on a very long-term future here in Russia.” He confirmed that Shell had agreed with Gazprom to expand the Sakhalin-2 LNG plant which produces 10 million tonnes of LNG per year. The expansion plan is in line with Putin’s demand to boost production of LNG and double Russia’s global market share to around 10 percent by 2020. Putin said in his response said; “We, of course, will pledge all the necessary administrative guidance and support.” read more

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Leveraging Big Oil to resolve the Ukrainian crisis

Shell's Ben van Beurden bows to Putin on Good Friday, 18 April 2014

Shell’s Ben van Beurden bows to Putin on Good Friday, 18 April 2014

Extract from an article published 25 April 2014 by allvoices.com

Bloomberg’s Business Week reports that even while Western governments and Russia squared off over Ukraine, relations between the major energy companies — such as ExxonMobil, Royal Dutch Shell and BP — and Russia grew even cozier as they pursued the half a trillion dollar oil and gas joint venture deal in the Arctic and Siberia concluded in 2011. The implications are clear: Any comprehensive sanctions against Russia will have adverse effects on major Western energy companies. The strenuous efforts by Big Oil CEOs to reassure Putin that Obama’s sanction threats are empty threats have been noted by close watchers of the energy sector. While Obama and US Ambassador to the UN Susan Rice were threatening sanctions on Russia’s “very significant sectors,” Royal Dutch Shell’s CEO Ben Van Beurden met with Putin at his residence in the outskirts of Moscow and assured him, confidently, that his company’s business interests in Russia would not be sacrificed to international politics. 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 sucked in to Russian gas pipeline politics

Screen Shot 2014-03-10 at 23.56.16Extract from a Reuters article published Friday 25 April 2014 under the headline: “Russia’s Rosneft says Gazprom hinders its LNG project”

Last week, Putin approved expansion plans for an LNG plant, operated by Royal Dutch Shell and majority-owned by Gazprom, on the Pacific island of Sakhalin. Analysts have said that would hinder implementation of Rosneft and Exxon’s LNG project. Sechin told the meeting, presided over by Prime Minister Dmitry Medvedev, that both Gazprom, a monopoly owner of trunk pipelines, and Shell were denying his company access to a pipeline from Sakhalin to the mainland for the LNG project. 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 CEO Ben van Beurden Bows to Putin

Shell's Ben van Beurden bows to Putin on Good Friday, 18 April 2014

Shell’s Ben van Beurden bows to Putin: Good Friday, 18 April 2014

Screen Shot 2014-02-10 at 16.29.29For over a 100 years, Shell has been driven by unscrupulous greed as its sole motivator. Shell funded Hitler and the Nazis party and has subsequently done business with a string of evil regimes, including General Sani Abacha, Gaddafi, Saddam Hussein and the Mad Mullahs of Iran. Putin is but the latest  power mad egomaniac to be treated like royalty by Shell. Bowed to and fawned over on Good Friday by the overpaid bootlicker, Ben van Beurden. 

Sunday, 20 April 2014

By John Donovan

The New York Times newspaper published an article today under the headline: In Cold War Echo, Obama Strategy Writes Off Putin

Extract:

Just as the United States resolved in the aftermath of World War II to counter the Soviet Union and its global ambitions, Mr. Obama is focused on isolating President Vladimir V. Putin’s Russia by cutting off its economic and political ties to the outside world, limiting its expansionist ambitions in its own neighborhood and effectively making it a pariah state. 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.

Putin, Ukraine and Royal Dutch Shell

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Sir Henri was fanatically anti-Soviet as a result of the confiscation of Shell oil fields in Russia. Might be best if Ben does not mention this past history to his new chum, Vlad the Bad, who is rather keen to restore the Soviet empire. “Had Putin asked ‘and now you kiss my ass’, I am sure van Beurden would have complied.”

18 April 2014

By John Donovan

There are a number of news reports about a meeting earlier today between President Putin and Royal Dutch Shell CEO Ben van Beurden, in which the sensitive subject of Ukraine was discussed.

Interesting to note that the same subject was also discussed at a high level by Shell in the 1930’s, on that occasion with Hitler, who like Putin, also had territorial ambitions. 

Printed below are extracts from a book, “Hitler As Frankenstein” by Johannes Steel (born Herbert Stahl,1908-1988), the son of a German-Dutch landowner. When the Nazis took power in Germany he fled to the USA working as a journalist for the New York Post. Because of his prescience, which included predicting World War 2, he became widely followed as a popular radio commentator in the U.S. during the war. (Information taken from Wikipedia) 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 committed to Russia expansion despite sanctions

Ben van Beurden, Chief Executive Officer. Royal Dutch Shell Plc

Ben van Beurden, Chief Executive Officer. Royal Dutch Shell Plc

Extract from an article by Alexei Anishchuk published by Reuters on Friday 18 April 2014

(Reuters) – Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions imposed on the country after its annexation of Ukraine’s Crimea region. Shell plans to expand Russia’s only liquefied natural gas (LNG) plant with Russian partner Gazprom, he said at a meeting at Putin’s residence.

FULL ARTICLE

RELATED ARTICLES

WALL STREET JOURNAL ARTICLE

Shell Pledges to Continue Projects in Russia

Extract

Ben van Beurden praised the oil giant’s cooperation with Russia state-controlled natural gas monopoly Gazprom (GAZP.RS) at the Sakhalin II project and with its oil arm Gazprom Neft (SIBN.RS). read more

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Controversial Corrib field to pump gas by next year

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Extracts from an article by Sarah McCabe published 10 April 2014 by the Irish Independent

The development of the field off the north-west coast has been plagued by setbacks, which have delayed it for more than 13 years. Construction of a 4.9km tunnel under Sruwaddacon Bay, a special conversation area, is also progressing, new company documents show. Development of the tunnel was suspended last year after 26-year-old German hydraulics specialist Lars Wagner was tragically killed, following fatal head injuries sustained while working on it. Mayo natural gas find Corrib was first discovered in 1996. It was originally expected that gas would start flowing from it by 2003, meaning the project is now some 13 years behind the original schedule. Reports suggest the cost of developing it has come in around four times as much as original estimates, reaching €3bn. read more

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