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Posts on ‘July 4th, 2010’

FT: BP Braces For Management Shake-up

7/3/2010 9:32 PM ET

RTTNews) – Oil giant BP plc (BP: News ,BP.L: News ) may replace Chairman Carl-Henric Svanberg and Chief Executive officer Tony Hayward after the leaking oil well in the Gulf of Mexico is capped, the Financial Times reported Saturday, citing several leading shareholders and people close to the company. Shareholders are set to demand a boardroom shake-up at the company in the wake of the disaster, which has more than halved the value of BP’s shares since April. 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 admits failing to use industry risk test at any of its deepwater wells in the US

SUNDAY TELEGRAPH

BP was facing fresh criticism over its approach to safety on Saturday night after critics said it did not use an industry standard process to asses risk ahead of the Deepwater Horizon disaster.

The procedure, known as a safety case, was developed in Britain after the catastrophic Piper Alpha oil rig explosion of 1988 in which 167 people lost their lives.

Royal Dutch Shell confirmed that it always develops safety cases – a lengthy written document – on each of its thousands of wells in the world, even though they are only mandatory in some countries.

However, BP admitted to The Sunday Telegraph that it does not use safety cases on any of its US wells, including the high-pressure deep water Macondo well from which up to 60,000 barrels of oil per day are still leaking in the Gulf of Mexico. 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.

Royal Dutch Shell Intellectual Property Pirates


By John Donovan

Last week came news of the outcome of  an “unjust enrichment” case in the US courts against Royal Dutch Shell Plc relating to alleged misuse of information disclosed in confidence to the company by the veteran American oilman, Jack J. Grynberg.

Grynberg disclosed confidential information to Shell concerning an oil and gas fields opportunity in Kazakhstan. Shell then allegedly “went around Grynberg and directly to Kazakhstan officials, cutting Grynberg out of the deal.” The extract is from a Court Opinion and Order relating to the Pricaspian Development Corporation, the company which brought the action against Royal Dutch Shell plc. 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.

Habitual Intellectual Property Theft by Royal Dutch Shell

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.

Apocalypse Now … Niger Delta’s oil exploitation tragedy

This kind of spill happens all the time in the delta. The oil companies just ignore it. The lawmakers do not care and people must live with pollution daily

SUNDAYHERALD

From Fred Bridgland in Nigeria: 4 Jul 2010

The delta of the 2,600-mile-long Niger River is one of the richest sources of oil on the planet.

But it has also been dubbed the world capital of pollution with countless thousands of recorded oil leaks in recent decades amounting to at least 15 million barrels spilled, according to best estimates.

Occurring over some 50 years since oil production first began in the 270,000 square mile delta, Nigeria’s environmental tragedy has never received the international attention given to the BP/Transcontinental Deepwater Horizon oil-spill disaster off the coast of the United States in the Gulf of Mexico. 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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