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Posts on ‘November 23rd, 2008’

Consolidation in oil industry likely in 2009

Major oil companies are sitting on enormous piles of cash after posting record profits in recent quarters, while crumbling stock and crude prices have made many smaller oil and gas companies potential targets.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Pay at top truly out of whack

We have an old saying in this business: When dog bites man, it’s not news. When man bites dog, it is. So the latest study finding that top executives for companies at the center of the financial crisis walked away with billions in compensation in the years leading up to the current calamity seems like just another dog nipping at the heels of the beleaguered American stockholder.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Oil giants talk tax to kill environment

Evidence is mounting of a coordinated global oil industry effort to seize upon the international economic crisis as an opportunity to “rebel” against ecological controls and bludgeon concessions out of governments.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Sakhalin-II project to start LNG supplies to Japan in early 2009

LIMA, November 23 (RIA Novosti) - Liquefied natural gas supplies to Japan under the Sakhalin-II oil and gas project off Russia's Pacific Coast will start in February next year, a Gazprom senior official said on Sunday

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Groundwater contamination lawsuit settlement costs Shell $46 million

"There is $26 million sitting in J.P. Morgan bank, gathering dust," he said. "All of it is earmarked for the Limestone residents." That amount is separate from another $20 million from Shell for construction of water lines to provide Aqua Illinois service to residents where underground water has been contaminated by chemicals from the gasoline spill in 1988.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.
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