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Posts on ‘April 26th, 2010’

1,000 barrels of oil a day spilling in the Gulf of Mexico

NASDAQ

26 April 2010

BP plc ( BP ) is now leading the charge in containing the oil spill in the Gulf of Mexico following the explosion of one of its contracted offshore rigs. The company, together with Swiss drilling contractor Transocean Ltd. ( RIG ), is currently drilling a well to activate a blowout valve in order to stop oil spilling at a rate of 1,000 barrels a day. If that effort fails, the company will have to drill a second well and inject heavy fluid to stop oil from leaking out. BP said that the operation could take as long as three months 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.

BP, ROYAL DUTCH SHELL, EXXON MOBIL AND CHEVRON PAY FIXING INVESTIGATION BY FTC

NASDAQ 26 April 2010

BP as well as Royal Dutch Shell plc, Exxon Mobil Corp. and Chevron Corp. are being investigated by the U.S. Federal Trade Commission regarding compensation of their employees, according to the Wall Street Journal over the weekend. The probe is over whether the human resources departments of the various companies have shared salary information to fix pay.

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.

FTC Investigates Oil Firms Over Hiring, Wages

THE WALL STREET JOURNAL

By THOMAS CATAN

26 APRIL 2010

WASHINGTON—The Federal Trade Commission is investigating whether the world’s biggest oil companies colluded to suppress managerial, professional and technical employees’ wages in ways that violated U.S. antitrust laws, according to people familiar with the matter.

The previously undisclosed probe has been open for several years and involves as many as a dozen oil companies, including Exxon Mobil Corp., Royal Dutch Shell PLC, BP PLC and Chevron Corp, these people said. The probe remains active, they added, but the five FTC commissioners have yet to vote on the matter, and it is possible a suit will never be brought. 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.

Iran issues ultimatum to Royal Dutch Shell

Reuters India

Iran gives Shell, Repsol a week to decide on Pars

TEHRAN, April 26 (Reuters) – Iran has given Royal Dutch Shell (RDSa.L: Quote, Profile, Research) and Repsol (REP.MC: Quote, Profile, Research) one week to decide on their involvement in the offshore South Pars natural gas field, the semi-official Mehr news agency reported on Monday.

Iran says both Anglo-Dutch Shell and Spain’s Repsol have procrastinated on finalising their involvement in the field, the world’s largest reservoir of gas. It has set similar deadlines in the past as a way of pressuring foreign investors. 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.

Oklahoma Appeals Court Rules Shell Guilty of Royalties Fraud

“In the present case, the reprehensibility of Shell’s conduct is heightened by its intentional deceit of the interest owners whose oil proceeds it held for their benefit…”

NANCY FULLER HEBBLE AND OTHERS vs SHELL OIL CO.

In May 2008,  an Oklahoma jury ordered Shell Oil Co. to pay a whopping $66 million to five royalty owners  for their share of the proceeds from a highly lucrative oil well dug in the early-1970s. The payments were awarded to two families who owned the land where Shell drilled for oil, but were never informed when Shell struck a huge reserve and built a well on the land in 1973.

Shell had threatened to drag the case out and in line with this policy, appealed against the jury verdict on various grounds. As Richard Wiseman, the Chief Ethics & Compliance Officer of Royal Dutch Shell plc is aware, the same threat to make litigation “drawn out and difficult” was once made to us in writing by Nigel Rowley of Mackrell Turner Garrett, the London law firm representing Shell, where Mr Wiseman begun his career as a lawyer. Shell had not realised that we too can also be difficult.
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 says Middle East needs to solve “gas puzzle”

Reuters) - The Middle East needs to solve the conundrum which sees it sitting on 40 percent of the world's gas reserves and yet suffering from a supply shortage, a senior executive from Royal Dutch Shell (RDSa.L) said on Monday.

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, Total Step Up Reliance on Gas as Access to Oil Declines

April 26 (Bloomberg) -- Royal Dutch Shell Plc and Total SA are among energy producers shifting the balance of their production toward natural gas as oil-rich countries clamp down on access and deposits become easier to tap.

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: A tale of two cartels

Tony Hayward, group chief executive of British Petroleum, made heads turn at the World Economic Forum in Davos, forecasting a “supply challenge” for the energy industry, which would have to increase output to 100mbd — a new peak for oil from the current capacities of 83-84 mbd. He was strongly backed by Mr Peter Voser, CEO of Royal Dutch Shell, who added to the scare stating that the industry would have to find up to $27 trillion to fund the investment in oil over the next 20 years.

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 groups turn focus back to traditional fields

Europe's largest oil company by market value, Royal Dutch Shell Plc (RDSa.L) has said it plans to direct 60-70 percent of its investments into the industrialised countries of the Organisation for Economic Co-operation and Development (OECD).

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 rig spill off Louisiana could threaten coastline

The slick has now grown to about 1,500 sq km

BBC NEWS

There are fears of an environmental disaster in the Gulf of Mexico, as efforts to clear up an oil spill have been suspended because of bad weather.

A drilling rig leased by the oil company BP exploded and sank off the Louisiana coast last week.

Some 1,000 barrels of oil a day are leaking into the sea from the damaged well, officials say.

They say the oil leak has the potential to damage beaches, barrier islands and wetlands across the coastline.

Eleven workers are still missing and presumed to have been killed in the accident. The search for them has been called off. 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 saved Hitler and the Nazi Party

How Royal Dutch Shell saved Hitler and the Nazi Party. Same motive then, as for Shell dealing with the terrorist Gaddafi, the corrupt Saudi regime and the fanatical Iranian mullahs now: access to oil. We have gathered much more evidence of Shell’s evil relationship with the Nazi.

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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