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Posts on ‘July 14th, 2010’

What is going on in Brinded’s inner circle?

Posted on Shell Blog by “Seeberger” on Jul 14th, 2010 at 11:32 pm

What is going on in Brinded’s inner circle?

First, Brinded’s big ex-buddy Roly Poly Finlayson quits to go to BG; then ex Brinded Boy, Mark Carne gets sacked at BG by Chapman only to be taken back on at Shell by Brinded (no doubt with a promotion) and he in turn gets the Italian ex-stallion Restucci demoted to go to Oman!

Clearly all cannot be well between Brinded and his friends but the re-hiring of Carne in particular is a gross insult to all those who have recently been displaced as result of Voserification!

Posting on Shell Blog by “guest1” on Jul 15th, 2010 at 9:35 pm

Like a true dictator hanging on to power, Brinded is once more surrounding himself with yesmen and removing those that may be or become a threat. Everyone knows: disagreeing with Brinded means removal. Mafia dons and dictators like Stalin work in a similar fashion. I wonder if there are other similarities? Power corrupts. And we all know Brinded has power. The Board of Shell is failing once more. Failing to step in now means that corrupt people once more get their way. And all this is bad for business. 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.

Financial Times: Shell restates net income upwards

Financial Times: Shell restates net income upwards

“Royal Dutch/Shell showed yesterday that the debacle this year over proved reserves was having minimal impact on its financial performance, at least in the short term.”

By James Boxell

Jul 14, 2004

Royal Dutch/Shell showed yesterday that the debacle this year over proved reserves was having minimal impact on its financial performance, at least in the short term.

It restated net income for the first quarter of 2004 upwards by $226m (£121m) to $4.7bn. It had previously restated net income for 2003 downwards by $203m to $12.5bn. Most of the adjustments were related to technical issues of how it reports inventories. 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.

Senator Lautenberg should also investigate Shell’s Libyan links

By John Donovan

The Financial Times reports today that “Democratic senators in the US are calling for an investigation into BP’s business interests in Libya, accusing the British oil company of being part of a deal to free a convicted terrorist in return for oil licences.”

The FT goes on to say: “The Senate foreign relations committee is set to consider a request from Frank Lautenberg, a Democratic senator from New Jersey, for an investigation into whether BP helped secure the early release of Abdel Basset al-Megrahi, the Lockerbie bomber freed by Scottish authorities last year.” 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 Sakhalin LNG Project With Gazprom Turns Profit

Bloomberg

By Ilya Khrennikov – Jul 14, 2010

Shell Says Sakhalin LNG Project With Gazprom Turns Profit, Vedomosti Says

Royal Dutch Shell Plc said its liquiefied natural gas venture with OAO Gazprom on Russia’s Sakhalin Island reached operational profitability, Vedomosti reported, citing Chief Executive Officer Peter Voser.

Shell is seeking licenses to produce oil in Russia, both by itself and with domestic companies, Voser was cited as saying in an interview published in the Moscow-based newspaper today.

Voser also reiterated Shell’s interest in joining Russia’s second LNG project, run by OAO Novatek on the Yamal Peninsula in the Arctic, Vedomosti reported. 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.

Arrow approves takeover by Shell-PetroChina

REUTERS

SYDNEY | Wed Jul 14, 2010 5:59am BST

SYDNEY (Reuters) – Arrow Energy (AOE.AX) shareholders approved a $3.05 billion takeover by Royal Dutch Shell (RDSa.L) and PetroChina’s (0857.HK) on Wednesday, clearing the way for a final legal go-ahead due later this week.

Shareholders voted to demerge Arrow’s international assets into Dart Energy, a newly listed entity, and to sell the bulk of the company, including the coveted coal-seam gas assets to a consortium of Shell and PetroChina in an agreed deal. 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.

Takeover Rumors: Why Would Anyone Want to Buy BP?

From left, ExxonMobil chairman and CEO Rex Tillerson, Chevron chairman and CEO John Watson, ConocoPhillips CEO James Mulva, Shell Oil president Marvin Odum and BP America chairman and president Lamar McKay testify on Capitol Hill in Washington on Tuesday, June 15, 2010: Haraz N. Ghanbari / AP

By Vivienne Walt Tuesday, Jul. 13, 2010 Who would want BP? Perhaps one of the least-loved companies in the world right now, the energy giant is spending more than $30 million a day trying to clean up its catastrophic oil spill in the Gulf of Mexico. And that figure could pale in comparison with its legal liabilities for the Deepwater Horizon rig explosion if judges rule against the company in the dozens of lawsuits that have been filed in U.S. courts.

Despite all that, there have been rumors in recent days that BP’s biggest rivals are circling the company for a possible takeover or merger, even as its public image is surely at one of the lowest points in its 102-year history. The speculation began on July 11, when Britain’s Sunday Times newspaper published an article saying that both Chevron and ExxonMobil had sought clearance from U.S. officials to explore a possible deal with BP, valuing the company at about $100 billion. The paper quoted an unnamed source in the oil industry as saying, “There have been talks at a high level.” (See pictures of people protesting BP.) 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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