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October 12th, 2008:

The London market is in cardiac arrest

Take BP and Shell for example. BP offers a prospective dividend yield in 2009 over 9 per cent, while Shell offers close to 7 per cent. And these payments look unlikely to be cut given they are based on the assumption of $60 a barrel oil.

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.

Oil on troubled waters

guardian.co.uk logo

The Observer logo

  • The Observer, 
  • Sunday October 12 2008

Oil prices fell on Friday to below $80 per barrel, a one-year low. But analysts expect Opec to cut production at its next meeting in December, if not before. Oil majors like Shell have also sunk billions of dollars into expensive projects like oil sands and giant deep-water platforms. If oil prices keep falling, such costly investment will be scaled back. Together with Opec’s cuts, this makes it unlikely prices will fall much further. Over the longer term, global supplies remain extremely tight. Time to fill up with oil shares? 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.

Navy to tackle Gulf pirates

The increasingly treacherous waters off the Horn of Africa are regularly used by Shell Oil, as well as by aid agencies shipping food.

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.