CNNMoney.com: Shell-ExxonMobil JV To Restart Large Dutch Oil Project In 2010December 21, 2007: 05:21 AM EST LONDON -(Dow Jones)- Nederlandse Aardolie Maatschappij BV, or NAM, a joint- venture between Royal Dutch Shell PLC (RDSB.LN) and ExxonMobil Corp. (XOM), said oil production will resume at the Dutch Schoonebeck field in 2010. The decision to restart the oil field comes as rising oil prices and new technologies improve the economics of previously unprofitable oil and gas projects. In a press statement on its Dutch Web site, Shell, which owns 50% of NAM, said the venture will partner with Dutch-state-owned natural gas company Energie Beheer Nederland BV. EBN will contribute 40% of the costs of the project. TMCnet: Shell denies wrongdoing at Dominican refinery(EFE News Service Via Thomson Dialog NewsEdge) Royal Dutch Shell PLC said Thursday it is not responsible for alleged irregularities in the management of this Caribbean nation’s only fuel refinery, which is jointly owned by the Dominican government and the multinational but administered by Shell. Dominican government auditors found that the Shell managers running the Refidomsa facility have been shortchanging consumers and the state, Listin Diario newspaper reported Wednesday. The auditor-general’s office, which reviewed operations at the refinery for the 3 1/2 years ending May 31 of this year, said in a posting on its Web site that Shell managers engaged in at least a dozen questionable transactions during the period. Grand Junction Daily Sentinel (Colorado): Officials’ opinions on oil shale mixedThursday, December 20, 2007 Rio Blanco and Garfield County officials sounded positive — and skeptical — notes after a federal document identified some potential effects of oil shale development on public lands in Colorado, Wyoming and Utah. Rio Blanco County Commissioner Forrest Nelson said the Bureau of Land Management took the proper go-slow approach toward oil shale. “We just don’t want any train wrecks,“ Nelson said. “Shell has run into a few problems at their test site up here, but I’m still optimistic something will happen, if oil prices stay where they’re at.” The Wall Street Journal: Bridging China’s Oil Gap CNPC Aims to Boost Domestic Recovery With Foreign PartnersBy DAVID WINNING BEIJING — China National Petroleum Corp. aims to let more foreign companies develop domestic oil fields, building on the success of major onshore gas deals, as it grapples with stagnant production, a senior executive said. The oil company, parent of PetroChina Co. and China’s largest by assets, hopes foreign firms can bridge its knowledge-gap in enhanced recovery, especially the injection of carbon dioxide into reservoirs to boost well pressure. China has used polymer-and-steam injection at fields in the northeast to boost recovery, but industry insiders say carbon-dioxide injection leads to higher recovery rates. Financial Times: Kazakhstan pushes for more after settling for 2% in original oil dealBy Ed Crooks in London and Isabel Gorst in Baku Kazakhstan agreed surprisingly generous terms in its 1997 contract with international oil companies for developing the vast Kashagan oilfield, prompting its much-criticised efforts to renegotiate the deal. The country’s expected income from the first phase of Kashagan was only $120m (€84m) a year for the first 10 years after the start of production, just 2 per cent of the project’s revenues. Reuters: Showa Shell, Sumitomo to merge LPG businessesFri Dec 21, 2007 3:22am EST TOKYO, Dec 21 (Reuters) – Japanese refiner Showa Shell Sekiyu KK (5002.T: Quote, Profile, Research) and trading company Sumitomo Corp (8053.T: Quote, Profile, Research) said on Friday they would merge liquefied petroleum gas (LPG) businesses in April to remain competitive in the declining market. The two firms will consolidate domestic retail and some wholesale businesses under a new holding company, which will be owned 51 percent by Showa Shell and the rest by Sumitomo. allAfrica.com: Nigeria: Shell Donates N2.5m Llibrary to SchoolVanguard (Lagos) Shell Nigeria Exploration and Production Company (SNEPCo) will flag off the construction of a N2.5 billion ultra-modern library for the Niger Delta University (NDU) in Wilberforce Island, Bayelsa State today, Friday, December 21. SNEPCo’s Managing Director, Chima Ibeneche noted that the groundbreaking event sets the stage for the full-scale commencement of physical development of the historic library project being financed from start to finish by Shell. Bloomberg: Gazprom Pitches $99 Billion Gas Development Plan (Update1)By Michio Nakayama and Megumi Yamanaka Dec. 21 (Bloomberg) — OAO Gazprom, the world’s largest natural gas exporter, pitched a 2.44 trillion ruble ($99 billion) plan to develop new supplies of the fuel to potential investors in Tokyo. The Russian gas monopoly aims to build 9,000 kilometers (5,600 miles) of pipelines and drill 1,294 wells in eastern Siberia by 2030, according to a presentation to a group of about 300 businessmen and reporters today. Russia, the largest fuel supplier, wants to tap eastern fields to boost flagging output at older gas fields. The country is planning pipelines across Siberia to take advantage of demand in Asian markets such as China and Japan, two of the world’s three biggest energy users. The Moscow Times: A Little Oil Firm Playing a Big GameFriday, December 21, 2007. Issue 3812. Page 1. TOMSK — In a time of fast-encroaching state control over the oil sector, Imperial Energy is a rare bird. Founded in 2004 by a flamboyant English lawyer, the London-listed firm has seen a lot in its short history. From murky startup negotiations with regional authorities in Tomsk through tussles with federal environmental officials that sent its share price fluctuating wildly, the experience of this small firm exemplifies what it means to navigate the mazes of corruption that permeate President Vladimir Putin’s Russia. The Guardian: Putin, the Kremlin power struggle and the $40bn fortuneLuke Harding in Moscow An unprecedented battle is taking place inside the Kremlin in advance of Vladimir Putin’s departure from office, the Guardian has learned, with claims that the president presides over a secret multibillion-dollar fortune. Rival clans inside the Kremlin are embroiled in a struggle for the control of assets as Putin prepares to transfer power to his hand-picked successor, Dmitry Medvedev, in May, well-placed political observers and other sources have revealed. The Times: Culture WarsDecember 21, 2007 Russia’s decision to halt an art exhibition has more sinister overtones Russia’s announcement yesterday that it had cancelled an important exhibition of French and Russian masterpieces is a heavy blow not only to the Royal Academy but to those who had hoped that the poor state of political relations between London and Moscow would not affect other areas of common interest. After weeks of increasingly polemical accusations, Russia’s state cultural agency said that the artworks would not be sent to London because Britain had failed to provide the necessary guarantees that they would not be impounded. This came despite the Government’s repeated assurances that the works would be protected against any lawsuit brought by descendants of those who owned the paintings before they were nationalised by the Bolsheviks. The Times: Oil giants abandon plans for ‘uneconomic’ green power plantDecember 21, 2007 Shell and StatoilHydro have scrapped plans to build a green power plant that would capture and store carbon dioxide because the project was found to be uneconomic. The decision to shelve the gas-fired power project, which was to be built at Tjeldbergodden in Norway, casts further doubt on the financial viability of power schemes that capture and safely store greenhouse gases. In the UK, BP was forced to scrap plans to build a carbon-capture and storage scheme at Peterhead in Aberdeenshire, citing inadequate assurances of financial support from the British Government. Reuters: Dutch NAM to reopen 1 bln bbls Schoonebeek oilfieldThu Dec 20, 2007 12:51pm EST AMSTERDAM, Dec 20 (Reuters) – Nederlandse Aardolie Maatschappij (NAM), jointly owned by Anglo-Dutch oil giant Royal Dutch Shell Plc. (RDSa.L: Quote, Profile, Research)(RDSb.L: Quote, Profile, Research) and Exxon Mobil (XOM.N: Quote, Profile, Research) said on Thursday it will reopen a 1 billion-barrel Dutch oilfield. NAM and its 40 percent partner in the project Dutch state owned Energie Beheer Nederland, have made a final investment decision on the reopening of the field near the Dutch eastern town of Schoonebeek, the companies said in a statement. Reuters: StatoilHydro and Shell to drop Norway power plantBy Aasa Christine Stoltz OSLO: Energy groups StatoilHydro and Shell said on Thursday they would scrap plans to build an environmentally friendly gas-fired power plant in Norway, but the Oslo government is now seeking alternatives. The Norwegian unit of Royal Dutch Shell said the 860 megawatt (MW) plant that was planned at Tjeldbergodden in Norway and which had been intended to capture and store polluting gases, turned out to be too expensive. Norway’s Oil and Energy Minister, Aaslaug Haga, said she will now ask Shell to consider the possibility of building a gas-fired power plant at Aukra, also with capture and storage of carbon. EnergyCurrent.com: Shell to begin water injection at Ursa/Princess in 2008Filed from Houston The waterflood topsides injection system will inject filtered and treated water via two separate flowlines to three subsea sites. One will go to an existing well site northwest of Ursa, one to an existing well site southeast of Ursa and one to a new well site northeast of Ursa. Producing wells will include three Princess subsea wells and as many as six Ursa tension leg platform (TLP) wells. Comment by former Shell Exec Paddy Briggs on the recent Guardian article: Big Oil lets sun set on renewables
Former Shell brand Executive, Paddy Briggs December 20th, 2007 Big Oil lets sun set on renewables http://www.guardian.co.uk/business/2007/dec/11/oil.bp Paddy Briggs says… This report should not come as a surprise to anyone who knows Shell well. Over the past thirty years or so Shell has tried a variety of diversifications but failed to make any of them work: Minerals: Billiton …………..……SOLD The New York Times: Central Asia on Front Line in Energy Battle
Sergei Karpukhin/Reuters By ANDREW E. KRAMER BUKHARA, Uzbekistan — In the scrub brush desert south of this ancient Silk Road town, the natural gas wellheads are built on modest concrete platforms about the size of basketball courts. Because the gas is naturally pressurized, pumps are not needed to bring it to the surface. Pipes simply kiss the ground and gas pours through them. Executives from Lukoil and Russian and Uzbek officials inaugurated the latest Central Asia gas field on Nov. 29. The field is estimated to hold 400 billion cubic meters of natural gas. Indymedia.org: Shell to Sea occupy Natural Resources Minister’s office in Dublin19 December 2007 Shell to Sea protesters occupied the department of Natural Resources in Dublin today. Teh new Minister for Natural resources, Eamon Ryan, has done nothing to help the campaign of which he was once a leading member. Leafy, affluent Adelaide Road in Dublin 2 is the site of the Department of Communications, Natural resources, and The Marine (fishing to you or me). Since the summer the office of Minister for Natural Resources has been occupied by Eamon Ryan TD, a member of the Green Party, and, when he was in opposition, a strong supporter of the Shell to Sea campaign. The Wall Street Journal: Hunting Resources in PeruBy BOB DAVIS A Hunt Oil Co.-led gas project could start Peru’s long-overdue exploitation of its natural resources, and boost its battered economy. But environmentalists and indigenous groups have inquired: At what cost? When oil was discovered in the northwest of Peru in the 1970s, the country expected more to be found and applied for membership in the Organization of the Petroleum Exporting Countries. “Luckily, they said no,” said former mining minister Jaime Quijandría. “They’d have probably thrown us out by now.” Peru produces 100,000 barrels of oil a day and consumes 180,000. The Wall Street Journal: Oil Rigger Abbot Agrees to Buyout By ManagementA WSJ NEWS ROUNDUP LONDON — Oil-rig operator Abbot Group PLC agreed to a £906 million ($1.82 billion) management buyout backed by U.S.-based private-equity firm First Reserve Corp. Shares of Abbot, which announced Oct. 4 that it was in takeover talks, rose 14% to 379.50 pence ($7.64) in London trading, below the offer price of 390 pence a share. Abbot’s executive chairman, Alasdair Locke, said First Reserve’s “combination of capital and industry knowledge will aid considerably the long-term development of Abbot and its employees, as well as the investment and growth plans that management have for the business.” The Wall Street Journal: Hunt Family Rushes In Where Big Oil Fears to Tread
Lacking Prime Projects, PAMPA MELCHORITA, Peru — Seven decades ago, Texas wildcatter H.L. Hunt used poker winnings to build an oil company. Juggling three wives and 15 children, he headed a legendary family whose soap-opera quality rivaled the one on TV’s “Dallas.” Now Dallas-based Hunt Oil Co., the family-run company he founded, is playing another high-stakes hand — betting it can make money on projects in Iraq and other spots that big oil companies won’t touch. Bloomberg: PetroChina Parent, Shell Sign Cooperation Agreement (Update2)By Winnie Zhu Dec. 20 (Bloomberg) — China National Petroleum Corp., the nation’s largest oil company, signed an agreement to expand cooperation with Royal Dutch Shell Plc. The companies will “deepen” the work they do in oil and gas, Beijing-based China National, parent of PetroChina Co., said in a statement on its Web site today, without giving details of their accord. The pact with Europe’s biggest oil company follows alliances China National has forged this year with Chevron Corp. and StatoilHydro ASA as it seeks to unlock less accessible reserves. PetroChina and Shell started joint gas output from the Changbei field in northern China in March. Financial News-us.com: Staff the winners as banks race for talent in RussiaJason Corcoran Competition between bulge brackets and domestic banks to sign Russia’s leading rainmakers resulted in remuneration packages comparable with those of footballers. Ed Kaufman is reputed to have been lured from UBS, where he was head of Russia, to become chief executive of investment banking at Alfa Bank by a guarantee of $20m (€13.6m) over two years while managing directors can net an average $3m pay packet, according to research by US publisher Forbes. Time Magazine Person of the Year 2007: Vladimir Putin
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.
Confidential Shell EP Reserves Review March 16, 2004 (37 pages)Shell confidential reserves fraud court documents published 19 December 2007 Exhibit 385: Confidential Shell EP Reserves Review March 16, 2004 (37 pages): Shell Exploration & Production Reserves Presentation to GAC 10-13 March 2004: Every page marked “Confidential”: Review Team: 1) Independent Petroleum Consultants: (Ryder Scott: Tom Gardner and George Dames): 2) Group External Auditors: PWC (Edo Kienhuis and Michael Hurley) KPMG (Han van Delden): 3) Group Reserves Consultants (Rod Sidle and David Kluesner): 4) Group Internal Audit (Ken Marnoch): Observers (John Darley, Frank Coopman and John Bell) RIA Novosti: Regulator fines Sakhalin II operator $15.8 mln for deforestation12:38 | 19/ 12/ 2007 MOSCOW, December 19 (RIA Novosti) – Russia’s environmental regulator said on Wednesday it is fining the operator of the Sakhalin II oil and gas project in the Far East more than 390 million rubles ($15.8 million) for deforestation. Oleg Mitvol, deputy head of Rosprirodnadzor, said Sakhalin Energy had the option of paying the damages voluntarily. Otherwise, “the damages will be obtained through a procedure prescribed by law,” he said. The ambitious Sakhalin II project, formerly led by Anglo-Dutch oil major Shell, was subjected to months of intense pressure last year from Russian authorities, who accused it of inflicting major environmental damage on Sakhalin Island, including deforestation, toxic waste dumping and soil erosion. Houston Chronicle: Pemex CEO says tide is changing: Lazaro Cardenas remains a national hero for kicking out Standard Oil and Royal Dutch ShellBloomberg News Pemex Chief Executive Officer Jesus Reyes Heroles said Monday that he’s hopeful Mexican lawmakers will adopt rule changes that would encourage investment in the company and promote its growth. “Opinion in the Congress has been changing in the past few years,” Reyes Heroles said Monday in an interview with Mexico City-based Radio Formula. “I’m very hopeful.” Pemex is a state monopoly for oil and natural gas production. Mexican President Felipe Calderon, who served as energy minister for eight months under his predecessor, Vicente Fox, has made no direct calls to end the 1938 ban on private oil ownership. Since taking office in December, the president has instead pointed out the shortcomings of the state-run industry, he said. National Post (Canada): Mackenzie partners see Ottawa aid But No Financial PledgeJon Harding, Financial Post CALGARY – Partners in the Mackenzie Gas Project have asked Ottawa to treat their stalled megaproject like Newfoundland’s Hibernia project or the Syncrude Canada Ltd. oilsands mine in Alberta, both of which got federal support. But Hal Kvisle, CEO of TransCanada Corp., one of the Mackenzie project’s participants, said financial terms given to Jim Prentice, federal Industry Minister, on Friday do not overstep what Ottawa has said it would be willing to consider. The Age.com / AFP: Chevron to jointly develop Chinese gas fieldDecember 19, 2007 – 5:42PM US energy giant Chevron Corp has signed a 30-year product-sharing contract with China National Petroleum Corp (CNPC) to jointly develop a large gas field in southwestern China. The gas block, occupying 1,969 square kilometres (757.3 square miles), marked China’s largest onshore exploration involving a foreign group, said a CNPC statement released Tuesday. Under the terms, CNPC, the parent of China’s largest oil producer PetroChina, will hold a 51 percent stake in the Chuandongbei gas block in Sichuan province while Chevron has the remaining 49 percent, it said. Grand Canyon of the North (Telegraph Creek, b.c.): Why pollute a non-polluted area?
From a contributor: Name and email address supplied. When I was 11 back in the early 90’s, I went to the Grand Canyon of the North (Telegraph Creek, b.c.) with some people were First Nation tribal people. They were very hospitable people with big hearts. We went hiking, fishing, hunting, camping. One thing I found to be really neat and amazing is that you could walk over to any stream and drink from it and you wouldn’t get sick. There is no air pollution, it actually smells sweet.. nothing around the whole klappan area to have ground pollution. In Washington state, USA. or pretty much anywhere else, you would not be able to drink water from a stream or well and drink of it and know it to be 150% pure and safe. Jimma Times (Ethiopia): ETHIOPIAN Employees accuse Shell of raiding retirement fundPublished 12/17/2007 – 3:02 a.m. EST www.royaldutchshellplc.com published an article about the story. The organization says its objective is to persuade Shell management to stand by the Shell Statement of General Business Principles pledging among other things, honesty, integrity and transparency in all of its dealings. “If Shell senior management did operate on that basis, the reserves fraud and other scandals which have badly damaged the reputation of the oil giant in recent times could never have happened. The latest scandal stems from a decision by Shell management to unilaterally change the terms of an early retirement scheme for its Ethiopian employees.” Daily Telegraph: BP-Gazprom gas field talks hit the rocksBy Russell Hotten, Industry Editor Talks between energy giants Gazprom and BP about future ownership of a huge Russian gas field have broken down for a third time after the two sides again failed to agree a price for the project. A meeting in Moscow between BP chief executive Tony Hayward and his Gazprom counterpart Alexei Miller failed to secure a breakthrough. No date for further high-level talks has been set. In June BP’s joint venture in Russia, TNK-BP, agreed to sell its 62.4pc stake in the Kovykta gas field to Gazprom for up to $900m (£450m), as part of a wider deal between the UK and Russian companies to establish strategic alliances in energy projects. Financial Times: First new energy grants offeredBy Ed Crooks The Energy Technologies Institute, the new public private partnership for backing research into new energy sources, has made its first offers of grants for projects in offshore wind, wave and tidal power. The ETI is collaborating with the Carbon Trust, the government-backed company that promotes low carbon technologies, to provide £40m to back ideas for cutting costs in offshore wind power. Britain has the potential to develop a big offshore wind generation industry, that would avoid the problems of local resistance to onshore wind farms, but the business is hampered by its relatively high costs. Bloomberg: Gazprom Tells Tokyo Gas 2008 LNG Exports May Be Late (Update2)By Shigeru Sato Dec. 19 (Bloomberg) — Tokyo Gas Co., Japan’s largest distributor of the fuel, was notified Russia may miss a target to start exporting liquefied natural gas by the end of next year. The Japanese gas utility has received notice from OAO Gazprom’s Sakhalin-2 LNG project operator that it aims to complete construction work on the plant by the end of calendar 2008, spokesman Naoyoshi Oogake said today in Tokyo by telephone. Shipments may start some time in early 2009, Oogake said. The New Zealand Herald: Shell loses appeal against Todd in Maui field dispute11:17AM Wednesday December 19, 2007 Shell has lost an appeal against a High Court decision over who should be the operator of the Maui gas field in Taranaki. The effect of today’s Appeal Court decision is that the status quo will be maintained at the Maui field. Shell had wanted to remove Shell Todd Oil Services (STOS) as the operator of Maui and replace it with a Shell subsidiary. In 2005 Shell-appointed directors of STOS called a meeting of the STOS board to consider a draft set of resolutions under which, if passed STOS would resign as operator of Maui. The Wall Street Journal: India’s Imports of LNG May Rise Amid Shift to GasBy GURDEEP SINGH NEW DELHI — India is likely to boost liquefied-natural-gas imports in mid-2008, even though its biggest gas discovery in recent years will come onstream at about the same time. India, which imports more than 70% of the crude oil it uses, is also heavily dependent on imported gas, which accounts for about a quarter of the total gas available in the country. National-gas usage in India is likely to grow. Many industrial users would be happy to make the switch from oil-based fuels like naphtha, whose prices have gone up about 50% this year. Strong economic growth is also fueling higher energy demand, and the country is trying to reduce urban pollution by encouraging motor vehicles to switch to compressed natural gas and by promoting city gas networks for domestic cooking and heating. The Wall Street Journal: Sakhalin Delays Exports of LNG To Asia and U.S.REUTERS NEWS SERVICE Sakhalin Energy Investment Co., the group behind one of the world’s top liquefied-natural-gas projects, warned Monday that it will delay first exports to customers in Asia and the U.S. by at least a few months. The group — which is led by Russian gas-export monopoly OAO Gazprom and involves Anglo-Dutch oil major Royal Dutch Shell PLC and Japanese companies Mitsui & Co. and Mitsubishi Corp. — said it was talking to customers but declined to comment on whether it would have to pay fines for delays and if it was seeking bridging supplies. Allseas Founder Edward Heerema Beaten Up In DubaiGOOGLE TRANSLATION OF A DUTCH ARTICLE PUBLISHED BY QUOTE MAGAZINE 18 December 2007 HEEREMA MISTREATED IN DUBAIOil millionaire Edward Heerema has recently been severely beaten on his vacation in Dubai by a Russian, please note the eyes of the police. A single blow delivered double jaw fracture, three broken and choose a concussion. Edward Heerema sat in the lounge of the luxurious Jumeirah Beach Hotel , when his attention was drawn by four Russian children who misbehaved. He spoke to them several times on their behavior, and when that did not help, Edward Heerema complained to the manager. Eventually he retired but back in his hotel room. AfricaNews.com: MTV and Shell promotes African musicPosted on Tuesday 18 December 2007 – 12:55 The world’s first music television channel MTV and petroleum giants Shell have come together to showcase young African talents to the world through the MTV Making the Video with Shell series. According to Mr Jandre Louw, Marketing Manager of MTV Networks Africa, the MTV Making the Video with Shell initiative has been created to boost Africa’s contemporary music industry by providing creative and technical assistance for young music video directors and movie makers. Ethiopian employees accuse Shell of raiding retirement fundBy John Donovan We recently published news of litigation brought against Shell by a trade union representing 90% of its Ethiopian employees. The article was authored by my father Alfred Donovan. We jointly operate a website described by the Financial Times as being “anti-Shell”: www.royaldutchshellplc.com In fact our objective is to persuade Shell management to stand by the Shell Statement of General Business Principles pledging among other things, honesty, integrity and transparency in all of its dealings. If Shell senior management did operate on that basis, the reserves fraud and other scandals which have badly damaged the reputation of the oil giant in recent times could never have happened. wsws.org: Corporate oil giants scramble to plunder Iraq’s energy reservesBy James Cogan When Iraqi Prime Minister Nouri al-Maliki finally sent the so-called “oil law” to be passed by the parliament in July, George Bush phoned to congratulate him personally. Maliki’s failure to push the legislation through had been a source of growing frustration and anger in Washington for more than a year. The law was needed to legitimise one of the main aims of the illegal US invasion of Iraq—to allow foreign corporations to assume control over the country’s state-owned energy resources on the most lucrative of terms. Bloomberg: Australia to Name Gasoline Competition Commissioner (Update1)By Angela Macdonald-Smith Dec. 18 (Bloomberg) — The Australian government will appoint a commissioner to oversee competition in gasoline retailing after a report by the antitrust regulator found the nation’s four refiners operate in “a comfortable oligopoly.” The search for a Petrol Commissioner has started and the government intends to make an announcement “in the near future,” Chris Bowen, minister for competition policy and consumer affairs, said today in an e-mailed statement. The government will also give the national competition regulator formal monitoring powers over retail gasoline prices, he said. Bloomberg: Essar to Raise $4 Billion to Triple Refining Output (Update2)By Archana Chaudhary Dec. 18 (Bloomberg) — Essar Oil Ltd., operator of India’s newest refinery, plans to raise $4 billion, half of it overseas, to more than triple capacity at the facility. The funding plan will be completed next month, Naresh Nayyar, managing director, said in an interview in Mumbai. Shareholders will vote today to sell $2 billion of shares to the group, controlled by billionaires Shashi and Ravi Ruia, to fund the remainder of the Gujarat, western India-based plant. Essar, whose shares have risen about five-fold this year, needs the funds to compete with Reliance Industries Ltd., which is using record profits to build the world’s biggest refinery complex. The Indian refiners are reliant on exports because state-set retail prices make it impossible to profit from selling gasoline, diesel and heating oil at home. Transcript of Videotaped Deposition of John Pay, Royal Dutch Shell Group Hydrocarbon Resource CoordinatorShell confidential reserves fraud court documents published 18 December 2007 Transcript of Videotaped Deposition of John Pay, Royal Dutch Shell Group Hydrocarbon Resource Coordinator, also known as Group Reserves Coordinator (“GRC”) for Shell Exploration and Production: taken in Washington D.C. on January 22, 2007 Exhibit 230: John Pay Deposition plus Shell letter dated 31 October 2002 to U.S. Securities & Exchange Commission from Tim Morrison, Group Controller, plus other confidential documents (338 pages) The New York Times: Of Humans, Oil, and Whales
An artist’s rendering of a bowhead whale diving. (Richard Ellis) December 17, 2007, 11:04 am Our endless quest for that wondrous liquid fossil fuel, oil, is expanding toward the ends of the Earth as higher prices justify more extreme extraction efforts. Jad Mouawad, my friend and colleague covering the global oil industry, ventured to frigid Barrow, Alaska, recently to write about the Royal Dutch Shell’s planned exploration push offshore into the Arctic Ocean, and the implications for the whale-hunting Inupiat natives of Barrow. International Herald Tribune: Oil prices rise as winter storm pounds US and boosts expectations for heating fuel demandThe Associated Press SINGAPORE: Oil prices rose Monday as another winter storm pummeled the U.S. with snow, sleet and freezing rain — weather conditions that were expected to boost fuel demand. Around a foot (30 centimeters) of snow had fallen on parts of the Chicago area, with 10 inches (25 centimeters) in Vermont. The U.S. National Weather Service on Sunday posted winter storm warnings from Michigan and Indiana all the way to Maine. Meteorologists said 18 inches (46 centimeters) was possible in northern New England; more snow was still expected in parts of Michigan. Bloomberg: ‘At Shell, based in The Hague, earnings are predicted to decline 8 percent’Bloomberg Headline: Oil Returns Most on Sale of Exxon, Shell, Buying Cameron, FMC By Jim Kennett and Amy Strahan Dec. 17 (Bloomberg) — Oil prices above $90 a barrel are doing more for shareholders of Cameron International Corp. and Baker Hughes Inc. than Exxon Mobil Corp. and Chevron Corp. A lot more. Exxon, the world’s largest oil company, Chevron, the second-biggest in the U.S., and the rest of the industry are struggling to increase production and profits because the most promising new fields are miles beneath the ocean. Their difficulties are making Houston-based Cameron and Baker Hughes richer, since they provide the valves, pumps and fluids needed to extract crude from the waters off Brazil to the Arctic Ocean. CNNMoney: Gazprom’s Sakhalin Energy To Further Delay LNG ExportsDecember 17, 2007: 04:34 AM EST LONDON -(Dow Jones)- OAO Gazprom-run (GAZP.RS) Sakhalin Energy Investment Co. Ltd. is to further delay exports of liquefied natural gas, or LNG, to clients in Asia and the U.S. A Sakhalin Energy spokesman said the Russian Far Eastern project would start delivering cargoes “shortly after” it starts producing at the end of 2008. He said the company is “in contact” with customers but declined to say if it would be fined for the delay. Sakhalin Energy had already postponed first LNG cargo deliveries from mid-2007 to the third quarter of 2008 as costs ballooned to $20 billion. The Irish Independent: New plan for Corrib gas to avoid more homesBy Treacy Hogan Environment Correspondent NEW routes unveiled yesterday for the controversial Corrib gas pipeline in north Co Mayo will avoid more houses than under the original plan. Shell said the new routes are variations on the two previously shortlisted options for bringing gas ashore in Co Mayo. One would limit the distance the pipeline crosses unspoiled bogland in Rossport, while the other would mean a shorter route through Sruwaddacon Bay. Both are further away from housing than the original proposal.
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News and information on Shell PLC
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
