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Posts on ‘January 20th, 2009’

Royal Dutch Shell consensus forecasts rumoured too high

Investors are shrugging off talk that Royal Dutch Shellhas been telling some analysts their figures are too bullish, saying the news has already been priced in.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

ConocoPhillips Plans $34 Billion in Charges

EXTRACTS FROM WALL STREET JOURNAL ARTICLE: In a sign that global economic woes are hobbling even the once-mighty oil industry, ConocoPhillips on Friday said it would slash its capital budget and lay off 4% of its work force, or about 1,350 workers. The company also will take several one-time charges, totaling $34 billion, against fourth-quarter earnings. The move raises questions about whether other global energy producers, such as Chevron and Royal Dutch Shell PLC, might take similar steps in coming weeks.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Guns From Londonistan: the $350 million fine paid by Lloyds TSB Group

There may be no silver lining in a story that involves Iran being able to spend untold millions on its weapons procurement, but at least this UK institution's actions debunk the popular myth that it is only the U.S. that will conveniently ignore international norms of behavior for the sake of a reliable oil supply.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Abu Dhabi has second thoughts about London Array and wind power

The London Array project, a plan to build 341 turbines with the capacity to generate 1,000 megawatts of electricity – more than that produced by most of the nuclear reactors in Britain – has been in trouble since last May, when Shell pulled out of the project, citing spiralling costs.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Brazil landless peasants aim to extend fight to oil

President Luiz Inacio Lula da Silva is considering whether to create a new state-run oil company to manage oil production from new "subsalt" reserves, but foreign oil firms like Royal Dutch Shell Plc (RDSa.L) will still have a major role in production.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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