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Posts on ‘April 19th, 2010’

Shell Confirms Worker’s Death At Motiva Port Arthur Refinery

THE WALL STREET JOURNAL

APRIL 19, 2010

NEW YORK (Dow Jones)–Royal Dutch Shell said Monday that a worker died at the Motiva Port Arthur refinery it operates in Texas.

The worker’s death “can be confirmed, and we are investigating what the cause was,” a Shell spokeswoman said. No further details were available, but the company said a statement will be issued soon.

The Motiva Port Arthur refinery, 50% joint venture between units of Royal Dutch Shell PLC (RDSA, RDSA.LN) and Saudi Aramco, has the capacity to process 275,000 barrels of crude oil a day. 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.

Real reason behind Shell spying operation on the Donovans?

“It would indeed be ironic if the resources of one investigative arm of the U.S. government has been used by Shell in an attempt to impede the Shell/Gale Norton corruption investigation being carried out by another investigative arm of the U.S. government.”

By John Donovan

In December 2009, following an analysis of Shell internal communications and documents supplied to us by Shell in response to a SAR application under the Data Protection Act, it became clear that Shell had once again resorted to cloak and dagger activity directed against us.

Reuters revealed that Royal Dutch Shell had asked an anti-fraud agency “NCFTA”, to target our website – royaldutchshellplc.com – on the basis  that “There will be no attempt to do anything visible to Donovan”.  The article said that NCFTA, the US National Cyber Forensics and Training Alliance in Pittsburgh, did not respond to emails or telephone calls from Reuters on the subject. 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.

Fitch Warns on Shell’s Credit Rating

THE WALL STREET JOURNAL

APRIL 19, 2010 By JAMES HERRON

LONDON—Fitch Ratings on Monday revised its outlook for energy giant Royal Dutch Shell PLC’s credit rating to negative from stable, citing doubts that the company’s medium-term cash flow will be strong enough to maintain its current double-A-plus rating.

The decision is a blow for Shell, which is nearing the end of a major restructuring and hopes that 2010 will mark a turnaround from its weakening performance in recent years.

“Despite Shell’s forecasted production increase of approximately 600,000 barrels of oil equivalent [a day] by 2014 in a $60 per barrel price environment, the company’s operating cash flow in the medium term may be insufficient to restore its financial profile,” Fitch said in a statement. 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.

EARNINGS PREVIEW: Momentum Shifts From BP To Shell In 1Q

THE WALL STREET JOURNAL

19 APRIL 2010 By James Herron of DOW JONES NEWSWIRES

TAKING THE PULSE: After many quarters of lagging its rival BP PLC (BP), Royal Dutch Shell PLC (RDSB.LN) is expected to regain some momentum in this year’s first quarter.

Improvements in many of Shell’s key markets and a long-awaited return to oil and gas output growth should paint a more positive picture for Shell after a bad set of fourth-quarter results, analysts say.

“[This] could be a more important quarter for Shell. Its above-average exposure to European gas seasonality given the cold weather, to crude-linked gas prices and refining should help start to restore the market’s confidence in its earnings power,” said Collins Stewart in a research note. 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.
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