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Posts on ‘July 29th, 2010’

Shell chemical fallout

For obvious reasons, “SHELLTOX”, is not a brand name Shell would adopt these days. The “flykiller” was launched in the USA in the late 20’s. Aptly named, it contained a mixture of toxic chemicals deadly to flies and humans. An indiscriminate killer.


Shell Chemical also had to take its “No-Pest-Strip” off the market… the U.S. Environmental Protection Agency was finding hundreds of other cases of poisoning by DDVP–the cancer-causing stuff in Shell’s strip that kills pests . . . and some people. 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: New Perdido Field Shut By US Drilling Moratorium

THE WALL STREET JOURNAL

JULY 29, 2010

LONDON (Dow Jones)–Royal Dutch Shell PLC’s (RDSB) new Perdido field in the Gulf of Mexico was shut down in April by the U.S. drilling moratorium less than a month after starting up and won’t resume production until October, said the company’s Chief Financial Officer Simon Henry Thursday.

The six-month ban on deep water drilling in the Gulf of Mexico in response to the BP PLC (BP) blowout and oil spill prevented essential development drilling on the field, said Henry. When work resumes in October, the field will ramp up to its peak production of 100,000 barrels of oil equivalent a day more slowly than previously expected, he said. 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 profits almost double

Second-quarter profits at oil giant Royal Dutch Shell have almost doubled after the firm completed a year-long corporate restructuring programme.

The firm reported profits of $4.5bn (£2.9bn) on a current cost of supplies basis, up from $2.3bn a year ago.

But it marked a drop from the $4.9bn it made in the first three months of the year as it continued to see “mixed signals” in the world economy.

Earlier this week, rival BP reported a record $17bn loss.

That included a provision of $32bn to cover the costs of its oil spill in the Gulf of Mexico.

In contrast to BP, who suspended dividends for the rest of the year, Shell said it would pay a second quarter dividend of $0.42 per share. 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.

Problem loading up the royaldutchshellplc.com website

A number of people in Europe and the USA have reported a problem loading up this website.

They say that the right hand columns do not appear.

That problem has hopefully now been resolved.

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 Posts Higher Profit on Oil Prices, Production

Bloomberg

By Fred Pals – Jul 29, 2010 7:14 AM GMT+0100

Royal Dutch Shell Plc, Europe’s largest oil company, posted a 15 percent increase in second- quarter profit on higher oil prices and production.

Net income rose to $4.39 billion from $3.82 billion a year earlier, The Hague-based Shell said today in a statement. Excluding one-time items and inventory changes, earnings beat analyst estimates.

Peter Voser, in his second year as chief executive officer, has merged units, pledged as much as $8 billion of asset sales in 2010 to 2011. The U.S. ban on deepwater drilling following BP Plc’s oil spill will hold back development of Shell reserves in the Gulf of Mexico and Alaska. 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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