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Shell, Total representatives arrive in Tehran

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Shell, Total representatives arrive in Tehran

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TEHRAN, Jan. 16 (MNA) – Representatives of several world’s oil giants have traveled to Iran on the verge of the removal of international sanctions.

A few days before the cancellation of international sanctions against Iran, a number of the largest oil companies including the Anglo-Dutch Royal Dutch Shell company and France’s Total Corporation have sent representatives to Iran in order to negotiation with Iranian oil authorities.

Accordingly, the visiting representatives are scheduled to hold talks with the officials of National Iranian Oil Company (NIOC) as well as National Iranian Tanker Company (NITC) on Sunday discussing venues for boosting bilateral ties. read more

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Oil prices will get worse before they get better: Analysts

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By Tom DiChristopher: 13 Jan 2016

After U.S. crude prices broke below $30 per barrel for the first time in 15 years, the market is asking how low oil futures can go? Most analyses see it rebounding in the back half of 2016, but crude faces significant headwinds in the coming months, experts told CNBC.

On Monday, Morgan Stanley joined Goldman Sachs in saying oil prices could dip to $20, and a number of major banks cut their crude cost outlook this week. Standard Chartered even raised the specter of $10 oil.

Oil as low as $20 — and perhaps even lower — is indeed possible, said Matt Smith, ClipperData’s director of commodity research. read more

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NIOC, Shell reach final agreement on debt settlement

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TEHRAN, Jan. 04 (MNA) – Iran’s NIOC and Anglo-Dutch Shell have reached the final agreement on how to settle the outstanding 2.3-billion-dollar debt.

Upon conducting several negotiations between officials of the National Iranian Oil Company (NIOC) and the Anglo–Dutch Royal Dutch Shell, the two sides eventually reached a consensus of how to pay off the unpaid debt worth 2.3 billion dollars.

Seyed Mohsen Ghamsari, Executive Director for International Affairs at National Iranian Oil Company, confirmed the reaching of an accord with the Shell oil company adding “the resumption of Iran’s crude oil sales to the company remains subject to the payment of previous debts.” read more

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Oil Prices Could Collapse To $20

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By Tyler Durden

Extracts from extracts…

Could oil prices collapse to $20? 

The short answer is ‘yes.’

We believe that crude oil prices could fall further unless global oil production is reduced. As shown in Table 2, we estimate that the global oil market could be oversupplied by roughly 920,000 bpd in 2016. The key assumptions are year-over-year growth in global demand of 1.2 million bpd, Saudi Arabia, Iraq and Libya hold production at current levels, Iran ramps up production at moderate pace over the course of the year and the U.S. rig count remains at current levels. read more

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Oil Majors Queue in Iran as $30 Billion of Projects in Play

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by Golnar MotevalliAnthony Dipaola and Hashem Kalantari: November 28, 2015: Bloomberg.com

  • Shell, Total, Lukoil interested in specific Iranian fields

  • Iran seeks to sign first oil development deal in March, April

Total SA, Royal Dutch Shell Plc and Lukoil PJSC are among international companies that have selected oil and natural gas deposits to develop in Iran as the holder of the world’s fourth-largest crude reserves presents $30 billion worth of projects to investors.

Total is one of the companies that have been in the forefront of discussions and Eni SpA is also looking to invest, Oil Minister Bijan Namdar Zanganeh said. Shell, Total and Lukoil all specified fields they would be interested in developing in Iran, Ali Kardor, deputy director of investment and financing at National Iranian Oil Co. said in an interview in Tehran. read more

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Shell joins queue of investors waiting on Iran oil contracts

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Robin Pagnamenta read more

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Shell and BP make new inroads in Iran

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Saeed Kamali Dehghan and Terry Macalister

Friday 2 October 2015 20.30 BST

The possibility of a major British oil company regaining access to one of the world’s great hydrocarbon markets rose on Friday with officials in Tehran saying Shell would be allowed to build 100 petrol stations in Iran.

FULL ARTICLE

RELATED

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TEHRAN, Oct. 3 (MNA) – A number of senior executives of the Anglo-Dutch Shell Oil Company have travelled to Iran to meet and talk with the officials at the National Iranian Oil Company (NIOC).

Accordingly, the senior managers of Royal Dutch Shell Company, commonly known as Shell, are scheduled to stay in Tehran for four days to meet and talk with authorities of NIOC, Oil Ministry’s officials as well as some investors in the private sector. 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.

Iran to allow construction of 100 Total and Shell gas stations

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18 Sept 2015

Total and Shell have been given the green light to build 100 gas stations across Iran in the near future, after approval by government officials. This will be the first time foreign branded gas stations will operate in the country.

The 100 gas stations, which also received the approval from Bijan Haj Mohammad Reza, the chairman of the trade union of Iran’s filling station, will spread across different Iranian regions, according to Iranian news website Oilnews.

“For the first time Iran’s Petroleum Ministry will give permission for the construction of gasoline stations under any brand in the country,” he said. read more

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Iraq Asks Oil Companies to Cut Spending After Drop in Prices

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By Khalid Al Ansary: September 15, 2015

Iraq asked oil companies to reduce their 2016 spending plans in the country by Sept. 30, citing lower oil prices and government revenue.

The reduced budgets shouldn’t affect 2015 production, Abdul Mahdy Al-Ameedi, director of licensing at Iraq’s oil ministry, said by phone Tuesday, citing a letter that the ministry sent to companies. Iraq is now producing more than 3 million barrels a day, he said.

“We’ve asked them in a letter we sent them to take into consideration the drop in oil prices and the low revenues of the government that may not cover their investments,” al-Ameedi said. “There was a stipulation that this investment reduction must not affect oil output from the fields that was in the 2015 schedule.” read more

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Shell CEO: The World Will Need More Oil

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By Julia LimitonePublished September 08, 2015

During an interview with FOX Business Network’s Maria Bartiromo, Royal Dutch Shell’s (RDS.A) CEO Ben van Beurden said the company is responding with “vigor and determination” to cope with lower oil prices.

“We started off the slide in oil prices with a low gearing 12.4%. Since then, we have been cutting our operating costs, our capital spent quit considerably — $4 billion OPEX, $7 billion capital costs — that’s about a year of dividends that we have saved in a year’s time,” he said. read more

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BG Group share price: Gap between market valuation and Shell offer widens

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…the growing gap between the offer value and the market value indicates increasing investor anxiety over the merger, thus markets are beginning to question the deal’s prospects of success…

by Veselin Valchev: 26 Aug 2015

BG Group Plc’s (LON:BG) share price is sliding further away from the proposed offer by larger London-listed energy peer Royal Dutch Shell, signalling fading investor confidence that the deal will complete as planned, the Financial Times reported earlier this week.

BG’s share price had slipped 1.38 percent to 947.30p as of 14:01 BST today, underperforming the FTSE 100 which was flat. This compares with Shell’s proposed price of about 1,106p (383p in cash plus 0.4454 Shell B shares per BG share), equating to a discount of about 14.4 percent. At one point on ‘Black Monday’, traders cited by FT said that the spread widened to as much as 17 percent. read more

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Opec powerless to halt oil price slide, warns former group president

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Opec veteran says that current oil prices slump has exceeded the worst expectations of the group

By Andrew Critchlow, Commodities editor: 24 Aug 2015

Opec is powerless to arrest the slide in oil prices unless producers outside the group such as Russia match any cuts in output, according to a former president of the group.

‘Black Monday’: £91bn wiped off FTSE 100 as China fears spark global markets crash

With oil prices plummeting due to global oversupply, the Organisation of the Petroleum Exporting Countries (Opec) would be unable to stabilise the market on its own, Abdullah bin Hamad Al-Attiyah told The Telegraph on Monday. The group – which is mainly comprised of Middle Eastern and South American oil producers – would need agreement from other oil-producing nations. read more

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Iran to Raise Oil Output ‘at Any Cost’ to Defend Market Share

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Screen Shot 2015-08-04 at 22.49.59U.S. benchmark West Texas Intermediate crude fell to less than $40 a barrel for the first time in more than six years in New York trading on Friday.

Anthony Dipaola and Hashem Kalantari: BLOOMBERG.COM: 23 AUGUST 2015

Iran plans to raise oil production “at any cost” to defend the country’s market share and joins calls for an emergency OPEC meeting to help shore up crude prices.

“We will be raising our oil production at any cost and we have no other alternative,” said Oil Minister Bijan Namdar Zanganeh, according to his ministry’s news website Shana. “If Iran’s oil production hike is not done promptly, we will be losing our market share permanently.”

Iran had the second-biggest output in the Organization of Petroleum Exporting Countries before U.S.-led sanctions banning the purchase, transport, finance and insuring of its crude began July 2012. Oil producers such as BP Plc and Royal Dutch Shell Plc have expressed interest in developing its reserves, the world’s fourth-biggest, once sanctions are removed. read more

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People will remember Shell Oil as a symbol of planet-destroying greed

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Bill McKibben: Thursday, August 6, 2015 

Shell Oil’s icebreaker Fennica is apparently on its way to the Arctic, ending a dramatic week-long siege that saw activists dangle from bridges and blockade the Portland harbor with kayaks, and a federal court threaten environmentalists with heavy fines.

Amid the drama of the action, and the drama of the courtroom, and the outpouring of thanks for activists from Greenpeace, Rising Tide, 350PDX and others, one more thing is worth remembering: There is no more contemptible company on earth than Shell Oil. 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, Eni say look to return to Iran

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Fri Jul 31, 2015

Royal Dutch Shell and Italy’s largest oil producer Eni say they are looking to return to projects in Iran’s upstream oil and gas sectors. 

“For us, (Iran) is a huge gas province so it would be good to be there — in conventional gas — at the right terms,” Shell’s financial chief Simon Henry said in London.

The company has a history of activities in Iran’s upstream projects, including in South Pars, but the firm pulled out of the world’s largest gas field’s Phase 13 development in 2008.    read more

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Iran releases list of oil money debtors

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The oil major Royal Dutch Shell owes Tehran $2.8 billion while it made a net loss of $6 million trading Iranian oil in 2012.

TEHRAN, Jul. 26 (MNA) – Iran’s Central Bank and National Oil Company released the list of companies and refineries owing oil dues to Iran.

During the period US and European sanctions prevented international banks from transferring money to the Islamic Republic, billions of Iran’s oil revenues were frozen in banks overseas.

In a joint statement released by the Central Bank of Iran (CBI) and the National Iranian Oil Company (NIOC) the oil giants and refineries owing to Iran were listed, in which some Greek refineries, British-Dutch-owned Shell refineries, BP, South Korean Petrochemical and Polymer Company, along with Indian refineries top the list of Iran’s oil debtors. 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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We are engaged, Shell says after Iranian deal

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“Shell continues to comply with all relevant international sanctions”

By Daniel J. Graeber

DUBAI, United Arab Emirates, July 14 (UPI) — With a nuclear deal in hand, Royal Dutch Shell said Tuesday it’s exploring the “immediate and long-term” implication of an opening Iranian oil door.

Representatives from the five permanent members of the U.N. Security Council, Germany and Iran announced the signing of a breakthrough agreement that pulls Iran back from the brink of developing a nuclear weapons program in exchange for sweeping and staged relief from economic sanctions. read more

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Curious coincidence involving Shell, Iran, Noble Corp and $2.16 billion

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FROM A REGULAR CONTRIBUTOR

The former owners of the Frontier drilling company sold their rigs to Noble for $2.16 billion in 2010. Given that their fleet of five vessels consisted of ancient rust buckets which were fit only for the scrapyard, this has always seemed like an inordinately large sum. The five vessels had been acquired by Frontier for about $100 million. The only client of Frontier was Shell. See http://www.reuters.com/article/2010/06/28/us-noblecorp-idUSTRE65R2C520100628 . (See below)

Noble operated two rigs for Shell in Alaska (Discoverer and Kulluk) during the disastrous 2012 drilling campaign. In spite of their performance in 2012, Noble will once again be operating the Discoverer (now over 50 years old) during the upcoming drilling campaign. Discoverer is one of the rust buckets that Noble acquired from Frontier.   read more

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Shell Executives Visit Tehran for Projects If Sanctions End

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by Javier Blas 24 June 2015

Royal Dutch Shell Plc executives have visited Tehran to discuss possible partnerships, the latest sign that the largest oil companies are serious about returning to Iran once a deal on the country’s nuclear program is done.

The meeting with Iranian officials covered its outstanding debt to National Iranian Oil Co. and possible areas of business cooperation, the company said in an e-mailed statement Wednesday. Shell owed $2.16 billion as of the end of 2014 for oil it wasn’t able to pay Iran for because of sanctions, according to its annual report. read more

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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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Iran Welcomes Shell, BP, Total and American Oil Companies

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Screen Shot 2015-06-11 at 19.31.15Iran Welcomes Shell, BP, Total and American Oil Companies

Dr. Majid Rafizadeh Become a fanPresident of the International American Council: 14 June 2015

“Royal Dutch Shell PLC, which owes the Islamic Republic an outstanding debt of more than $2 billion, has been talking about repaying Iran after the nuclear deal is signed, and consequently the related sanctions are lifted.”

In an unprecedented move, Iranian leaders have welcomed American oil companies to enter Iran, upon the condition that sanctions are lifted. This move suggests that the Islamic Republic is putting its economic interests ahead of its revolutionary ideological interests. In return, the economic profits will definitely help Iran spread its revolutionary ideologies and principles in the region.

Recently, Iranian Oil Minister Bijan Zanganeh stated to Iran’s media “We welcome the presence of American oil companies in Iran,” adding, “we will definitely prepare the grounds for the presence of American oil companies in Iran.” read more

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Shell CEO Discusses $2 Billion Debt Payment With Iran Oil Minister

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Shell CEO Discusses $2 Billion Debt Payment With Iran Oil Minister

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Royal Dutch Shell Plc CEO Ben van Beurden. PHOTO: BLOOMBERG NEWS

By BENOÎT FAUCON: June 3, 2015 

VIENNA— Royal Dutch Shell PLC said Wednesday it was discussing the repayment of an outstanding debt of over $2 billion with Iran when international sanctions are lifted.

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Write to Benoît Faucon at [email protected]

SOURCE

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Shell, BP Openly Admit Iran Interest on Possible Atomic Deal

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Article by Javier Blas and Angelina Rascouet published 3 June 2015  by Bloomberg.com

European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program.

Leaders of Royal Dutch Shell Plc, BP Plc and Total SA all said Wednesday they were ready to return to the nation with the world’s second-largest natural-gas reserves and fourth-biggest oil cache, after similar comments by Italy’s Eni SpA last month.

U.S. oil companies, constrained by the history of American sanctions against Iran dating from the 1979 Islamic revolution, are more cautious in their statements on a return. The current curbs have prevented investment in Iran for a decade. read more

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Shell in talks with Iran oil company

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Shell in talks with Iran oil company

Managing Director of Iran’s Pars Oil Company says oil giant Shell has voiced interest to resume activities in the country’s energy sector.

Hossein Vafaee said indirect talks have already started with Shell. The Iranian official also forecast “tough conditions” for Iran once after sanctions against the country are removed.

“If sanctions are removed, many rivals will enter the Iranian market and this will make tough conditions for us,” Forsat Emrooz Newspaper quoted Vafaee as saying.

He reiterated that Iran is after regaining its share of regional and global energy markets when sanctions imposed against the country over its nuclear program are lifted. read more

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Royal Dutch Shell And Others Interested In Iran Following Nuclear Deal Agreement

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By: MICHEAL KAUFMAN

Published: Apr 7, 2015 at 8:20 am EST

Iran’s oil exports are set for a boost after a framework nuclear agreement was reached between the country and world powers in Lausanne, Switzerland. The deal also paves the way for international energy groups to make a comeback to the country after a five year pause.

Western sanctions against Iran have badly hurt its oil and gas industry. The Iranian government now wants foreign investment to return and it’s expected that Tehran will start preparations for new contracts with western companies. read more

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Can Iran Attract Foreign Investments By Oil Majors Such As BP And Shell plc?

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By: MICHEAL KAUFMANPublished: Apr 1, 2015 at 8:34 am EST

Recently, Iran has been exposed to numerous sanctions by the West over concerns that the country was developing a nuclear project. However, talks between the US and Iran have started over a new nuclear deal. If the deal is successful, then sanctions are expected to ease off and Western energy companies are expected to return to the country.

According to Bloomberg, the discovery of oil in 1908 in the country laid the foundations for the development of the British oil major, BP plc (ADR) (NYSE:BP). An oil consultant in Iran, Nader Sultan said: “You look at the history of the oil companies, and that history is Iran.” read more

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Iran riches coveted by big oil after decades of conflict

Extracts from a Bloomberg article published 31 March 2015

Iran riches coveted by big oil after decades of conflict

Now, as Iran and the US enter 11th hour negotiations to reach a nuclear deal and ease sanctions, the West Asian country is emerging again as a potential prize for western oil companies such as BP, Royal Dutch Shell Plc, Eni SpA and Total SA.

The restoration of Western oil investment appears to be a priority for Iran in its nuclear talks with the U.S., U.K, France, Germany, Russia and China. A year ago, the new Iranian President Hassan Rouhani used a speech during the World Economic Forum in Davos to court the European oil majors. read more

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Who Will Rule the Oil Market?

Screen Shot 2015-01-13 at 09.23.28OPINION ARTICLE BY DANIEL YERGIN PUBLISHED IN PRINT BY THE NEW YORK TIMES ON SATURDAY 25 JAN 2015

WASHINGTON — A HISTORIC change of roles is at the heart of the clamor and turmoil over the collapse of oil prices, which have plummeted by 50 percent since September. For decades, Saudi Arabia, backed by the Persian Gulf emirates, was described as the “swing producer.” With its immense production capacity, it could raise or lower its output to help the global market adjust to shortages or surpluses.

But on Nov. 27, at the OPEC meeting in Vienna, Saudi Arabia effectively resigned from that role and OPEC handed over all responsibility for oil prices to the market, which the Saudi oil minister, Ali Al-Naimi, predicted would “stabilize itself eventually.” OPEC’s decision was hardly unanimous. Venezuela and Iran, their economies in deep trouble, lobbied hard for production cutbacks, to no avail. Afterward, Iran accused Saudi Arabia of waging an “oil war” and being part of a “plot” against it. read more

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BP sees $50 oil for three years

Screen Shot 2014-12-04 at 20.54.03BP can’t be immune to the upheaval. Today its job announcement is focused on the UK. But it won’t be long till it announces staff reductions in Houston, another of its important centres.

Robert Peston article published by BBC News 15 Jan 2015

BP sees $50 oil for three years

BP’s job announcement later today, including a few hundred job losses in Aberdeen, is being made because it does not expect the oil price to bounce any time soon.

The oil price has dropped around 60% since June, to $48 a barrel, and I understand that BP expects that it will stay in the range of $50 to $60 for two to three years.

Although no oil company has a crystal ball, this matters – especially since it has a big impact on its investment and staffing ambitions.

So plans that it had already initiated to reduce costs have taken on a new element, namely postponement of investments in new capacity that have not been started, and shelving of plans to extend the life of older fields where residual oil is more expensive to extract. read more

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Shell still buying Iranian crude

Screen Shot 2015-01-06 at 10.42.47Reuters: Tuesday, Jan 06, 2015

TOKYO – Two of Japan’s biggest buyers of Iranian crude, JX Nippon Oil & Energy Corp and Showa Shell Sekiyu KK, are set to keep their purchases from Tehran largely steady in 2015, their top officials said on Tuesday.

Japanese refiners have been making decisions about how much Iranian crude to buy after consulting with the government on how much they are allowed under Western sanctions on Iran.

Iran and Western world powers failed in November to meet a self-imposed deadline to resolve the standoff over Tehran’s nuclear ambitions, extending talks for seven more months and allowing the Islamic republic to keep exports at about 1 million bpd, down by more than half from 2012 levels. 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’s Return to Iran?

Screen Shot 2014-10-30 at 09.22.43Iranian officials have said that Royal Dutch Shell, British Petroleum, France’s Total and Russia’s Lukoil had expressed interest in investing in Iran when the sanctions imposed on Tehran over its nuclear program are eased. 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 CEO on global turmoil’s impact

Screen Shot 2014-09-07 at 21.14.49Screenshots from a Fox Business video of an interview with Royal Dutch Shell CEO Ben van Beurden on 4 Sept 2014 shows the uncertainty that surrounds Shell. Mr van Beurden bluntly made it clear at the May 2014 Shell AGM 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 days after the annexation. Whatever the spin, ethics and moral issues are ruthlessly put to one side. The lack of scruples by companies such as Shell, has encouraged the Putin regime. Driven by the same motive, access to hydrocarbon reserves, Shell also connived with Hitler in his territorial ambitions. More recently, Shell traded with Iran despite US sanctions and Shell spin to the contrary. Like in relation to Shell’s claimed business principles, it is Shell’s deeds, not the mixed messages, which count. read more

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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.

Royal Dutch Shell and U.S. Sanctions on Russia

Screen Shot 2014-06-10 at 08.08.45

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.

Shell, Iran and 9/11

Basically Shell is holding on to over $2 billion of  funds belonging to an ‘adjudicated terrorist’ – Iran – and is denying those funds to the victims of the 9/11 terrorist attack on the World Trade Center.

By John Donovan

I have already reported how Shell management attempted to exploit the 9/11 attacks for their own benefit.

I have also reported on how Shell disguised oil shipping movements in an attempt to evade US sanctions on Iran and how Shell panicked when I contacted Bill O’Reilly of Fox News calling for a related boycott of Shell in the USA. 

SHELL/IRAN – MORE RECENT DEVELOPMENTS

In December 2011, a US judge signed a judgement finding Iran one of the parties liable for the September 11, 2001 attacks. read more

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Total oil debts to Iran exceeds $ 4 bln

Extracts from a Trend article by Umid Niayesh published 20 May 2014

Royal Dutch Shell also has not settled its debts without unveiling further details. Previously Iranian media outlets reported that the country’s oil minister Bijan Namdar Zanganeh has tasked a working group with collecting $2.3 billion debt from Royal Dutch Shell. Shell lost money trading Iranian crude in 2012 shortly before a European Union embargo and still owes $2.3 billion to Tehran for oil purchases.

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.

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

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.

Iran courts western oil majors at Davos

FINANCIAL TIMES

In a closed-door meeting on Thursday, including BP, Eni, Royal Dutch Shell and Total, on the sidelines of the World Economic Forum in Davos, Mr Rouhani and his oil minister Bijan Namdar Zanganeh told executives to submit contracts they would like to see Iran adopt.

FULL FT ARTICLE

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European oil giants to talk terms with Iran

Oil ministry officials from Tehran to meet executives from European oil companies and industry experts in London early next year to present the terms upon which they will be invited back

Screen Shot 2013-11-01 at 00.15.55

By Andrew Critchlow: 8:00PM GMT 01 Dec 2013

Iran is stepping up its engagement with European oil companies ahead of inviting them back to the country amid signs that a recent deal over its nuclear programme could see economic sanctions lifted next year.

It is understood that oil ministry officials from Tehran will meet executives from European oil companies and industry experts in London early next year to present the terms upon which they will be invited back. European majors such as Royal Dutch Shell, Total and ENI were all involved in Iran before tighter sanctions targeting oil production were introduced a few years ago, and all are thought to be monitoring the situation closely. 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 Iran on Dutch TV

Screen Shot 2012-11-30 at 18.13.21John

Perhaps you can give a little ‘heads up’ to your followers in the Netherlands.

On TV station Nederland 2 there is the programme ‘Tegenlicht’.

Shell apparently refused to cooperate so they did the research on big data available on the internet.

In a preview yesterday evening it was claimed that all will be revealed on the Shell connection with Iran. The actual programme is being aired tonight, Monday 21 October.

It promises to be an interesting event!

Your site is getting too small to capture all the stuff from Shell in Ireland, shalegas disaster, Alaska disaster, looming tarsands disaster, very poor American management, earthquakes in Groningen etc etc. 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.

Tapping Irans oil and gas vital for world demand, say Shell and Total

Lifting sanctions and opening up Iran’s vast oil and gas resources to global companies will be vital to meeting the world’s future energy needs, according to the chief executives of two of Europe’s top oil companies. Before the tightening of sanctions against Iran a few years ago, Shell and Total were two of the most active companies doing business with the Islamic republic.

Screen Shot 2013-02-01 at 22.25.42

By , Business News Editor: 8:20PM BST 01 Oct 2013

Peter Voser, chief executive of Royal Dutch Shell, and Christophe de Margerie, his counterpart at France’s Total, used the Oil & Money conference in London on Tuesday to highlight the potential energy windfall if sanctions preventing international oil companies from dealing with Tehran were lifted.

“Longer term, Iran’s oil and gas resources will have to be developed to meet demand,” Mr Voser said.

He was echoed by Mr de Margerie, who said that he hoped doing business with Iran would again be permitted “as soon as possible, not just for Total but for the world and for Iran. Any country cannot stay out of the system.” 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.

UK blocks Shell paying Iran oil debt in food, medicine

Screen Shot 2012-11-30 at 18.13.21“Trying to avoid the odium of its association with the mad mullahs, Shell has in the past resorted to subterfuge to disguise its shipments of Iranian crude. The relationship between Shell and Iran has in fact continued unabated for many years, while the fanatical Iranian regime has been busy using the funds generated to supply roadside bombs to kill and maim Nato soldiers in Iraq and Afghanistan and fund its Nuclear Bomb program. Oil revenue is crucial to Iran.” (Extract from our article “Skirting sanctions on Iranian crude“)

Screen Shot 2013-01-29 at 14.38.10

LONDON, April 22 | Mon Apr 22, 2013 8:44am EDT

(Reuters) – Britain has blocked efforts by oil major Royal Dutch Shell to settle a $2.3 billion debt it owes Iran by paying in kind with grains or pharmaceuticals, industry sources said.

Shell has been trying for months to find a way to work around international sanctions that prevent it paying in currency for crude it bought from the National Iranian Oil Company before a European Union embargo on Iran that started last July. 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.

City Diary: Shell chief reins in horseplay … for now

Under-fire Shell chief Peter Voser — grappling with the US government’s frosty feedback on Shell’s Arctic plans and the $2.3bn (£1.5bn) IOU to Iran..

Screen Shot 2013-03-23 at 09.15.15

By , City Diary Editor: 7:00AM GMT 22 Mar 2013

Business before pleasure for Royal Dutch Shell’s horseracing-mad executive Steve Harman.

Such is Harman’s dedication to leading the oil giant’s downstream joint ventures that he has told the British Horseracing Authority — which wants him to replace NewSmith founder Paul Roy as chairman — that it will have to wait until July.

Explains Harman: “Existing commitments over the coming months will preclude me from being able to devote sufficient time and energy to the role.”

Under-fire Shell chief Peter Voser — grappling with the US government’s frosty feedback on Shell’s Arctic plans and the $2.3bn (£1.5bn) IOU to Iran — will be delighted he has Harman’s full attention. 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 owes Iran $2.3 billion

Screen Shot 2013-01-25 at 23.34.48

Published: March. 21, 2013 at 8:17 AM

THE HAGUE, Netherlands, March 21 (UPI) — The estimated $2.3 billion payable to the National Iranian Oil Co. can’t be settled because of sanctions imposed on Iran, Royal Dutch Shell said.

Shell published its annual Form 20-F for 2012, which provides a comprehensive detail of financial activity for the year ending Dec. 31, 2012.

The company said it ended upstream commercial operations and new business developments in Iran in 2010 as a result of sanctions. Western governments have used economic sanctions as a way to limit Iran’s nuclear program, which the Iranian government says is peaceful. 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 reveals Iranian oil trade loss, $2.3 bln Iran debt

By John Donovan: Despite giving the impression to the contrary, as this Reuters article confirms, Royal Dutch Shell has continued funding a fanatical regime intent on the extermination of the Jewish people. Iran is bent on developing nuclear weapons to destroy Israel, finishing the job that Shell’s former Nazi partners embarked upon, killing millions of Jews in the Holocaust. Shell is now caught in a difficult situation caused by its own machinations and greed. 

Screen Shot 2013-01-29 at 14.38.10

Wed Mar 20, 2013 10:11am EDT

* Made loss on Iranian oil trading shortly before embargo

* Cannot pay $2.3 bln to Tehran due to sanctions

* Previous attempts to settle debt failed to get approval

By Dmitry Zhdannikov

LONDON, March 20 (Reuters) – Oil major Royal Dutch Shell lost money trading Iranian crude in 2012 shortly before a European Union embargo and still owes $2.3 billion to Tehran for oil purchases.

The details, revealed in Shell regulatory filings, is the first disclosure of its dealings with Iran in 2012, when it kept buying Tehran’s oil right up to the mid-year EU embargo deadline. 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.

Susan Rice, Royal Dutch Shell and Iran

In what might turn out to be the final set of nails in the coffin of her Secretary of State ambitions, it turns out that U.N. Ambassador Susan Rice has huge foreign investments, including several companies that are doing business with Iran.  She has ties to one company, Royal Dutch Shell, that stands to make a billion dollars if the sanctions against Iran are lifted.

SOURCE

BY: :

The portfolio of embattled United Nations Ambassador Susan Rice includes investments of hundreds of thousands of dollars in several energy companies known for doing business with Iran, according to financial disclosure forms.

Rice, a possible nominee to replace Secretary of State Hillary Clinton when she steps down, has come under criticism for promulgating erroneous information about the September 11, 2012, attacks in Benghazi, Libya, that killed four Americans. 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 Struggles to Repay Iran Oil Debt

Dow Jones Newswires: Published October 28, 2012

Royal Dutch Shell PLC (RDSA) is struggling to settle the over $1 billion it owes Iran for oil purchases after options such as financing a gas pipeline or paying for food shipments were rejected, people familiar with the matter said over the weekend.

“There have been several options examined. None has been successful,” one person said.

Anglo-Dutch oil giant Shell’s $1 billion plus debt to Iran is due to a European Union embargo that started July 1, which prevents the transfer of payments to the Islamic Republic. 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 seeking to circumvent sanctions on Iran

UANI Calls on U.S., EU to Reject Royal Dutch Shell Scheme to Repatriate Iranian Oil Money Through Grain Deal

Published: October 26, 2012 

NEW YORK — United Against Nuclear Iran (UANI) CEO, Ambassador Mark D. Wallace, issued the following statement Friday in response to reports that Royal Dutch Shell is seeking to circumvent international sanctions and repay its $1.4 billion oil debt to Iran by having the U.S. agribusiness conglomerate Cargill ship Iran the equivalent amount of grain:

The U.S. and EU must not approve Royal Dutch Shell’s scheme to repay its oil debt to Iran by way of a grain shipment from Cargill. Although we support humanitarian shipments to Iran, Shell is simply trying to repatriate oil wealth to the regime and circumvent sanctions. Such a transaction is not humanitarian, and is incompatible with the current international sanctions against Iran. 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 Seeks Approval To Work Around Iran Sanctions Via Barter

The proposed offset agreement creates a tricky dilemma for Britain and the United States, two of the six countries that are in negotiations with Iran to persuade it to step back from a nuclear programme they suspect is developing atomic weapons.

(Reuters) – Oil major Royal Dutch/Shell is seeking to work around international sanctions by repaying a $1.4 billion oil debt to Iran with a grain barter deal via U.S. agribusiness giant Cargill, industry sources said.

Shell wants to repay a debt that is growing larger because of unpaid interest, having failed to settle its accounts with the National Iranian Oil Company (NIOC) ahead of a European Union embargo on oil imports that started on July 1.

It is hoping to get clearance from U.S., UK and Dutch authorities – who will be under pressure to agree on humanitarian grounds – for an “offset agreement” that would permit it to fund Cargill to deliver enough grain to Tehran to clear the debt. 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.