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Posts on ‘May 20th, 2010’

Shell trims exposure to Iran crude – sources

A view of a Shell oil both at the 11th international oil, gas and petrochemical exhibition in Tehran April 20, 2006. Credit: Reuters/Raheb Homavandi

(Reuters) – Royal Dutch Shell and other oil companies are taking less Iranian crude because of poor economics and the difficulty of making financial transactions with Tehran, industry sources said on Thursday.

The lower sales coincide with a build-up of Iranian crude in storage and a draft U.N. resolution to expand sanctions against the Islamic Republic — the world’s fifth largest oil exporter — over its nuclear work. 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.

Arctic Drilling Proposal Advanced Amid Concern

Damon Winter/The New York Times

BP’s Endicott oil and gas facility at the edge of the Beaufort Sea. Shell Oil wants to drill dozens of miles offshore in federal waters.

THE NEW YORK TIMES

A version of this article appeared in print on May 20, 2010, on page A18 of the New York edition

By WILLIAM YARDLEY

A proposal to drill for oil in the Arctic Ocean as early as this summer received initial permits from the Minerals Management Service office in Alaska at the same time federal auditors were questioning the office about its environmental review process. 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’s treachery in Iran

AN EMAIL TO BILL O’REILLY AT FOX NEWS

Hello Bill

In March 2007, I sent you an email on the subject of Shell’s treachery in Iran.

Two years later, as a result of Shell internal documents obtained from the oil giant under UK freedom of information laws, I discovered that my email to you had sent Shell media and its lawyers into a frenzy.

HOW SHELL PLANNED TO DECEIVE BILL O’REILLY OF FOX NEWS

Today, The Wall Street Journal published an article – “Oil Trade With Iran Thrives, Discreetly“. 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.

Oil Trade With Iran Thrives, Discreetly

“One tanker industry executive speculated that Shell might want to disguise its Iranian purchases so as not to suggest that the gasoline it sells in the U.S. is refined from Iranian oil, which would violate U.S. law.”

THE WALL STREET JOURNAL

By STEVE STECKLOWSPENCER SWARTZ and MARGARET COKER

FUJAIRAH, United Arab Emirates—An oil tanker named Front Page, chartered by Royal Dutch Shell PLC, left this port on March 17 and reported it was going to another U.A.E. port, then on to Saudi Arabia, ship-tracking data show.

But the tracking information reveals that Front Page also made an unreported stop—to the coast of Iran. There it loaded Iranian oil, according to records obtained by oil traders and shipping sources.

The incident, some oil-industry experts say, is an example of how some companies these days are hiding their business dealings with Iran, even when they are perfectly legal because they aren’t subject to any sanctions. 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 Hoax Puts Spotlight on Big Oil’s Mess in Nigeria

George Osodi, File / AP People evacuate their homes by boat, as they pass smoke and flames billowing from a burning oil pipeline belonging to the Shell Petroleum Development Company, across the Opobo Channel in Asagba Okwan Asarama, about 31 miles southwest of Port Harcourt, Nigeria, in 2005.
(May 19) — If it seemed too good to be true when Shell Oil proclaimed this week that it was putting an end to its offshore drilling operations in Nigeria, that’s because it was.

Monday’s announcement turns out to have been an elaborate hoax, put on by an ad hoc activist group calling itself the Nigerian Justice League.

Established solely for the sake of this con, the group put out a lengthy press release including details of the faux “Comprehensive Shell Remediation Plan for the Niger Delta,” along with phone numbers supposedly for the company’s media relations department — all under the oil giant’s iconic red-and-yellow logo.

The text of the release can be found on the group’s fake Shell website.

Shell is the largest oil producer in Nigeria, a country that holds one of the worst oil safety records on the planet. According to reports, last year alone the West African nation had 2,000 active spills. 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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