Posted by WSJ.com Staff
Here’s a quick roundup of energy news from some other publications:
Russia will invest billions of dollars of its oil wealth in international companies for the first time, the Financial Times reports. The paper also profiles Alexei Kudrin, the man who has shepherded Russia’s flooding coffers.
Russia’s state-controlled Gazprom, already rich from selling gas to Europeans, plans to get even richer by selling carbon emissions credits to help them offset the CO2 they create by burning Gazprom gas, the New York Times reports.
Global warming has “troubling medical implications,” the Financial Times reports, increasing the risks of “greater malnutrition; deaths, disease and injury linked to heatwaves, floods, storms, fires and droughts; increased diarrhoeal disease;cardio-respiratory problems triggered by rising ozone levels; and shifts in the spread of infectious diseases.”
Deaths from bad weather due to global warming will double in the next 25 years, according to a World Health Organization report due for release soon, the busy FT reports.
Less than a week before a Washington summit designed to show U.S.-European Union unity, both sides are clashing over a statement about global warming, the FT reports.
Royal Dutch Shell is likely to appoint an insider to be its next CEO, the FT reports.
In USA Today, Evan Schwartz writes that the solution to global warming could be, paradoxically, the sun.
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Comments
Shell really is in a bad way if, as the FT report concludes, Malcolm Brinded is one of the two most likely internal candidates to take over as Royal Dutch Shell CEO when Jeroen van der Veer retires in 2009.
Brinded has a disastrous track record. He was implicated in the preventable deaths of two Shell offshore employees in an accident on the Brent Bravo platform in the North Sea in 2003.
To my certain knowledge he turned a blind eye to corrupt practices in relation to a tender process for a major contract.
He was subsequently asked to deal with the repercussions of the reserves fraud and assured the financial markets that there would be no more bad news i.e. no more downgrades. Brinded said that the company had carried out a “painstaking and thorough” review which would “draw a line” under Shell’s difficulties. He was wrong. In all Shell had to announce five downgrades wiping nearly a third from its claimed proved hydrocarbon reserves.
As Executive Director of Shell Exploration and Production and an Executive Director of Royal Dutch Shell Plc, Brinded has also been closely involved in the Sakhalin2 debacle, including the doubling of the project budget and the subsequent surrender to Gazprom/Putin which led to a further downgrading of reserves, this time by 400,000 barrels at a cost of over $26 billion if calculated at $65 per barrel.
Brinded is the last person who should be appointed as the next Shell CEO.
Posted by John Donovan
Co-owner of the website www.royaldutchshellplc.com
Comment by John Donovan – April 25, 2007 at 6:22 pm
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 conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
