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Posts on ‘March 26th, 2009’

Jorma Ollila tribute

Mr. Ollila demonstrates his pragmatism defending Shell’s recent decision to stop investing in wind and solar energy and focus generally on biofuels as its approach to climate change measures.

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.

Obama Administration Revives Tax Battle With Oil Industry

A report by the Congressional Research Service last year said the top five major integrated companies -- Exxon Mobil Corp., Royal Dutch Shell PLC, BP PLC, Chevron and ConocoPhillips-- generated more than $100 billion in profits on nearly $1.5 trillion of revenue in 2007.

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.

Clampdown on greenwash

David Norman, director of campaigns at WWF UK, whose complaint against an advertisement by Royal Dutch Shell last year was upheld by the ASA, gave the change in rules a cautious welcome.

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.

State intervention vital if Britain is to meet its green energy targets, says former BP boss

Britain must revert to greater state control of energy markets to hit ambitious targets on renewable energy and climate change, according to the former head of BP.

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.

Green energy is not such a breeze

One by one, the energy giants that hoisted green flags and trumpeted their conversion to renewables are ducking and diving and hiding behind the curtains. Iberdrola, a big investor in wind farms in Spain and the owner of ScottishPower, is slashing its spending on renewables by 40 per cent. Shell said recently it would no longer invest in wind turbines, preferring to focus its efforts on new biofuel technology, while BP has opted out of the UK renewables market, deeming it to be a poor bet.

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.

Fears for ‘green energy’ after investment is slashed

Shell and BP have shelved or pulled out of renewable energy projects, including a £3 billion project for 341 turbines in the Thames Estuary, and questions have been raised over the future of npower’s £2.2 billion Gwint y Mor farm off the Welsh coast.

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.

Gasbags talk up Santos takeover

SANTOS shares jumped 80c, or 5 per cent, to $16.93 yesterday on revived speculation of a bid from an international oil giant.

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.

With Suncor and Petrocan merging, analysts look at who’s next

"I think it's possible that they could be acquired, but I think the likelihood with their scale becomes less so, because then it becomes a major transaction, even for a supermajor," he said, naming ExxonMobil, Royal Dutch Shell and BP as possibilities.

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.