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Posts on ‘December 5th, 2008’

Shell pensioner Poverty

A reliable source confirmed today that of the approximately 30,000 Shell pensioners in the UK some 5,000 (17%) worked for Shell for 20 years or more, but are in receipt of pensions of £10,000 per annum or less. (In addition they will mostly be in receipt of the State pension and some may get additional State benefits). It is likely that a substantial proportion of these Shell pensioners will have total incomes below the statutory UK minimum wage which is currently approximately £12,500 per annum. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell, Saudi Arabia, Arms-for-Oil, Corruption, & Radioactive Contamination

Assertion on 13 November 2008 by Richard Wiseman (Chief Ethics & Compliance Officer of Royal Dutch Shell Plc) to John Donovan:

"It is only because you know that I am utterly incapable of arranging the actions you ascribe to me, that you repeatedly accuse me of things of which you know I am completely innocent, safe in the believe that I would take no action."

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Oil price sets stage for mergers: “We expect a lot of mergers and acquisitions in the next 12 months,” says Fadel Gheit

It's getting to be cheaper to drill for oil in industry boardrooms than in the world's far-flung oil fields.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Oil’s Slide Set to Leave Dark Trail

Already in free fall, the price of oil could soon push much lower as the effects of a global recession take hold.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Mark Williams charting the stream for Shell

When Mark Williams takes over at Royal Dutch Shell as the new director of downstream in January, he has two important decisions to make.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Nippon Oil agrees merger with rival

Takashi Enomoto, analyst at Merrill Lynch, said the proposed merger could induce Japan's four other big refiners, which include arms of ExxonMobil and Royal Dutch Shell, to seek tie-ups of their own.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Gazprom or Royal Dutch Shell may bid for Sibir oil business

FT Home

By Neil Hume and Bryce Elder

Published: December 5 2008 02:00 | Last updated: December 5 2008 02:00

Sibir Energy , the London-listed Russian oil company, recovered some of its losses from the previous session. Traders said Gazprom or Royal Dutch Shell might be tempted to take advantage of the problems at Sibir and make an offer for its oil business.

Its shares, which halved on Wednesday on news of a deal to buy property assets from one of its largest shareholders, bounced 29.9 per cent to 52p. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Chevron May Sell Refineries as Demand, Margins Shrink

Chevron Corp., the world’s fourth- largest oil company, may sell some refineries as recessions in the world’s largest economies cut demand for gasoline and diesel, squeezing fuel-production margins.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Gunmen attack vessels in Nigeria’s restive delta

Gunmen attacked two oil services vessels in separate incidents in Nigeria's restive Niger Delta on Thursday, kidnapping a Russian, a Mexican and seven Nigerians, security sources working in the industry said.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

ExxonMobil says one killed in attack in Nigeria

Gunmen attacked a convoy belonging to the Nigerian unit of U.S. oil firm ExxonMobil in the southern Nigerian state of Akwa Ibom on Wednesday, killing one person, the company said on Thursday.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Last contango in oil optimism

The abrupt drop in oil prices is also making the process of raising finance more difficult. Traditionally, stored oil was pledged as a guarantee – collateral – for a loan. However, banks are nervous about taking oil as guarantee after witnessing crude prices collapsing to $45 a barrel from July’s record of $147.27.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell to Sea will not attend Corrib Gas Project Forum

The local community has been raising the issue of Shell polluting the local water supply for over 3 years, and yet State authorities are turning a blind eye to all Shell breaches of environmental law."

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Gulf Oil CEO says gas could hit $1 next year

RANDOLPH —Gulf Oil CEO Joe Petrowski said on Wednesday that the price of oil could sink to $20 per barrel, and there is a chance gasoline prices could drop as low as $1 per gallon by early next year

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Pernis Refinery Fire Contained, Plant Operating

The fire broke out at the refinery near Rotterdam at 1:20 p.m. local time today, said Wim van de Wiel, a spokesman for Europe’s biggest oil company, based in The Hague. Wendel Broere, also a company spokesman, said later the blaze was brought under control by 3:25 p.m. and the incident is now closed.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell fined 10.5 million euros after being caught in another price fixing cartel

“Compliance with antitrust rules remains a top priority for management,” said Wendel Broere, spokesman for The Hague- based Royal Dutch Shell, Europe’s largest oil company, which was fined 10.5 million euros. The company hasn’t decided whether to appeal.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Merrill Lynch predicts oil will hit $25 a barrel.

U.S. stocks fell for the first time in three days, pushed down by concern General Motors Corp. may file for bankruptcy and a plunge in energy shares following Merrill Lynch & Co.’s prediction that oil will hit $25 a barrel.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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