Royal Dutch Shell has said it is close to resolving a dispute over funding the group's Nigerian joint venture, Shell Petroleum Development Company (SPDC). Nigeria has already reached agreement with two of its five other joint venture partners in the Niger Delta - Total of France and ExxonMobil of the US - to try to end a cash crisis that has cut production from the world's eighth-biggest oil exporter.
May 21st, 2008:
Shell says end to Nigerian rift is near
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.
It may be the mother of all doom and gloom gas price predictions: $12 for a gallon of gas is inevitable.
The prices that were paying at the pump today are, I think, going to be the good old days, because others who watch this very closely forecast that were going to be hitting $12 and $15 per gallon, Hirsch said. And then, after that, when oil world oil production goes into decline, were going to talk about rationing. In other words, not only are we going to be paying high prices and have considerable economic problems, but in addition to that, were not going to be able to get the fuel when we want it.
Stocks tumble on $134 oil
Wall Street pitched lower for the second straight session Wednesday as record-high oil prices and a bleak economic assessment from the Federal Reserve deepened investors' worry that Americans may face several more months of rising costs and a shaky employment picture.
Big companies rue loss of ‘easy oil’
Never have so many oil and gas companies spent so much to produce so little. That's the challenge facing Exxon Mobil, Royal Dutch Shell, BP, Chevron, Total SA and ConocoPhillips, which will spend a record US$98.7 billion ($127.41 billion) this year on exploration and production, Lehman Brothers Holdings estimates.
Oil companies ask Congress to allow more US exploration, reduce supply
John Hofmeister, president of Shell Oil, said his company and others are prohibited from exploring for more energy resources in the majority of US lands and offshore, and prohibited from even analyzing potential resources in several areas. 'The cumulative effect of these policies has been to discourage US investment and send US companies outside the United States to produce new supplies,' Hofmeister said. 'As a result, US production has declined so much that nearly 60 percent of daily consumption comes from foreign sources.'
Shell’s “Golden Handcuffs” plan: Former Shell Exec Paddy Briggs, calls for the resignation of Shell Director Sir Peter Job
The bonuses are designed to keep the three executives (Malcolm Brinded, Linda Cook and Peter Voser) in the company, but, Job assured us, they are all uber-loyal to Shell and have no intention of leaving. Hmmm! Work that one out!
Oil for 2016 Delivery Passes $141 on Supply Concern
Oil prices are heading to more than $141 a barrel in the next eight years, according to futures contracts on the New York Mercantile Exchange, on concern that growth in supply may fail to keep pace with rising demand.
Oil faces £970m grab by Nigeria
Nigeria's president has ordered its state oil company to claw back $1.9bn (£970.8m) in revenue and taxes it says it is owed by local units of Royal Dutch Shell and Exxon Mobil.
Shell revolt over ‘golden handcuff’ bonuses
Royal Dutch Shell has suffered a humiliating shareholder revolt at its annual meeting over a 'golden handcuffs' executive share award.
Shell ups Nigeria crude output; force majeure stays
LONDON, May 21 (Reuters) - Royal Dutch Shell has been restoring some of its shut-in output in Nigeria but a force majeure remains in place for Bonny Light exports, a company spokesman said on Wednesday.
Shell rocked by investor revolt
Royal Dutch Shell yesterday faced an investor revolt at its annual meeting when just under half of voting shareholders failed to back a plan to award three executives 1m (£795,000) bonuses to stay in their jobs.
Shell investors stage largest rebellion over retention pay
The rebellion at Shell, though the biggest so far, was not enough to stall the plan. The company also faced criticism and a smaller rebellion on its wider bonus policy, echoing a trend among shareholders in Dutch multinationals to criticise generous executive bonus schemes.
Shortage fears push oil futures near $140 up more than $9.50 on the day
Fears of a shortage within five years propelled long-term oil futures prices to almost $140 a barrel on Tuesday, further stoking inflationary pressures in the global economy. Veteran traders said they had never seen such a jump and said investors were increasingly betting that oil production would soon peak because of geopolitical and geological constraints.
Russian agents raid BP office in Moscow
Royal Dutch Shells plan to award three executives was yesterday rejected by investors at its annual meeting. One-third of Shell shareholders who voted opposed the bonus scheme. When added to those who withheld their votes, 49.5 per cent of voting shareholders did not support the bonuses.
Niger Delta: Shell loses $4.6 million per day to oil thieves
The Shell Petroleum Development Company of Nigeria has lost a whooping N69.959billion, approximately $595,286,960 to crude oil theft within the last 139 days in the Niger Delta.
Shell ‘selling suicide’ by preferring tar sands to wind
Shell was accused yesterday of "selling suicide on the forecourt" by pressing ahead with tar sands operations in Canada and continuing to flare off excess gas in Nigeria while pulling out of renewable schemes such as the London Array - the world's largest offshore wind scheme.
Sprint Past $129 even though market awash with Oil
...traders dealing with physical cargos of crude tell a different story. They see a spot market so awash with oil that some producers, such as Iran, are starting to horde it in hopes that greater demand will lift spot prices as well.
Nigeria Confronts Shell, Exxon
The Nigerian government is demanding $1.91 billion from Royal Dutch ShellPLC and Exxon Mobil Corp. as it reviews contracts governing growing offshore energy production, a spokesman for the country's president said Tuesday.
About 50% of Shell Shareholders Fail to Back Bonus, FT Says
May 20 (Bloomberg) -- Just less than half of Royal Dutch Shell Plc's voting shareholders failed to back a plan to award three executives bonuses of 1 million euros ($1.57 million) each to stay in their jobs, the Financial Times reported.
Shell: Will a new boss be content with a Dutch treat?
It is a tough choice for Shell's bosses. Jeroen van der Veer, the Shell chief, will no doubt suffer with good grace the requirement to share his retirement bonus and pension with his fellow Dutchmen.
Potential for BHP Billiton and Shell to finally resolve the Woodside question
...there is also a chance its the beginning of the end of a game that started several years ago when takeover moves by Shell for Woodside were knocked back on the grounds of Australian national interest. It was that government action in thwarting Shell which sparked earlier speculation that a big asset-swap could resolve the issue, with Shell selling its controlling 34% to BHP Billiton in exchange for other assets or cash.
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.
