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Posts on ‘February 11th, 2009’

Live Chat Posting by former Shell Exec Paddy Briggs: “the greedy b******s at the top of Shell…”

PADDY BRIGGS REPLY TO LIVE CHAT POSTING BY “GUEST ABC”:

Quite why small shareholders, including the many of us who got our shares through staff schemes, should not qualify for the compensation payment is quite unclear. I filled in the forms properly and they were initally rejected. I replied pointing out that I had given all the information required my next letter from Shell’s lawyers told me that I didn’t qualify anyway. So why did they write to me in the first place? 

In response to the post by “Guest ABC” it would certainly be impossible for Shell to rob the UK pension fund in the way that he suggests (a la Maxwell!). Whatever else the greedy b******s at the top of Shell might do I think that even for them that would be a step too far! I hope that I am right! read more

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Australia’s Arrow trumps BG’s Pure bid, Shell eyed

SYDNEY/LONDON, Feb 11 (Reuters) - Australia's Arrow Energy Ltd raised its offer for Pure Energy Resources Ltd to A$796 million ($520.3 million), trumping a bid from Britain's BG Group Plc, but analysts say Royal Dutch Shell could also bid.

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NAM to restart drilling at Dutch onshore oilfield

The Dutch NAM oil joint venture, owned by Royal Dutch Shell (RDSa.L) and Exxon Mobil (XOM.N), said on Wednesday it would start drilling at an onshore Dutch oilfield this week with production set to restart in 2010.

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Oil Executives Push Expanded U.S. Drilling

Jeroen Van Der Veer, the chief executive of Royal Dutch Shell, was equally forceful. “Take the continental shelf, take the north of Alaska,” Mr. Van Der Veer said. ” I am personally convinced that companies can work very responsibly in these environments and work with local communities. It will be an easy win-win to get access to all those areas, and I think it will be good news for the United States.”

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More on Shell diddling shareholders already defrauded by Shell

You recently posted something on ‘Shell still diddling shareholders’. I have a similar experience.

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Credit crunch ‘hits oil industry’

The banking crisis is going to hit exploration and development in the oil industry over the next 12 to 18 months, a report has warned. Webb said it needed urgent government help and should concentrate in the short-term on mitigating the effects of the downturn.

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Shell CEO: Projects Profitable At Current Energy Prices

"Nearly all of our projects will be profitable at present energy prices," Chief Executive Jeroen van der Veer told an audience at the Cambridge Energy Research Associates' annual energy conference.

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Shell ‘key’ to BG gas bid

Analysts yesterday said BG's cash bid of $6.40 for Pure, made on Monday, was a spoiling tactic to hamper a joint-venture between Shell and Arrow Energy.

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Shell Chief Bets Big Despite Downturn

"To invest or not to invest. We are convinced that it is better to keep on investing. You have to replace easier oil with more difficult oil. You can do that best with long-life projects that you can do for years," said van der Veer, singling out as an example Shell's $20 billion investment in Russia's Sakhalin 2 project.

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CERA-Shell CEO urges industry to spend through slump

Jeroen van der Veer said oil and natural gas projects still needed serious investment even though weak demand and commodity prices, coupled with exchange rate fluctuations, would "hit bottom lines quite seriously."

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Ray Fox email correspondence with Richard Wiseman, Chief Ethics & Compliance Officer, Royal Dutch Shell Plc

Under all of these circumstances, Shell can rightfully be described as evil, in fact a toxic neighbour from hell.

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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