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Posts on ‘January 4th, 2011’

Panel Deals Shell Setback in the Arctic

January 4, 2011

By GUY CHAZAN

Royal Dutch Shell was dealt a new setback in its plans to drill offshore in the arctic, after environmentalists successfully challenged a decision to grant the company air-quality permits.

Shell has invested $3.5 billion in an exploration program in Alaska’s Beaufort and Chukchi seas, but has yet to drill. The company’s plans have been dogged by legal challenges and regulatory obstacles.

Shell had finally overcome all hurdles last spring, until BP PLC’s Gulf of Mexico oil well exploded, triggering the worst offshore oil spill in U.S. history. The Obama administration responded by suspending most new offshore drilling, including in the arctic, throwing Shell’s exploration program into disarray. 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 Oil Co.’s Legal Department Honored

January 4, 2011

MOUNTAINSIDE, N.J. — The legal department of Shell Oil Co. was recently presented with the third annual Magna Stella Pro Bono Award from The Texas Access to Justice Commission in conjunction with the Texas General Counsel Forum, Metrocorpcounsel.com reported.

The award recognizes Shell’s legal department for its efforts to promote pro bono legal services within the organization and within the corporate structure at large. Thomas J. Brandt, associate general counsel, accepted the award on behalf of the Shell’s legal department during the awards dinner held in San Antonio. 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 Advances in London After Daily Mail Says Shell Considered Takeover Bid

By Brian Swint – Jan 4, 2011 9:05 AM GMT+0000

BP Plc, the company fighting legal claims after the biggest oil spill in U.S. history, rose the most in six months after the Daily Mail newspaper said Royal Dutch Shell Plc considered a takeover bid during the crisis.

Shares advanced as much as 5 percent, the most since July 16, and traded at 485 pence as of 8:26 a.m. in London. Shell considered a bid for BP last year when shares were at their nadir after the spill and is still interested in a merger, the Daily Mail reported today, citing unidentified people close to Shell. 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.

Words of warning from a Shell whistleblower

By John Donovan

EXTRACTS FROM THE WISE WORDS OF SHELL WHISTLEBLOWER DR JOHN HUONG PROHIBITED BY THE MALAYSIAN COURTS FROM PUBLICATION ON THIS WEBSITE

Correspondence between Sir Mark Moody Stuart and Mr Richard Wiseman… shows the actual mentality of Shell Management in high places. This behaviour was inevitably imitated by executives in operating companies who followed and adopted the example of a ruthless and deceitful corporate culture practiced by those at the very top of the Royal Dutch Shell Group. 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 to Face Nigeria Grilling

JANUARY 4, 2011

Dutch Parliament Hearing Expected to Touch on Corruption in Oil-Rich Delta, as Spills Spur Concerns

Agence France-Presse/Getty Images

November protests marked the 15th anniversary of Nigeria’s then-military regime’s execution of activists who challenged degradation of Ogoni land in the Niger Delta.

By GUY CHAZAN

Royal Dutch Shell PLC will this month be grilled by Dutch lawmakers for the first time over its operations in the Niger Delta, reflecting growing concern in the West about oil spills in west Africa.

Critics of Shell’s record, both in parliament and among non-governmental organizations, are expected to use parliamentary hearings, scheduled for Jan. 26, to quiz the company over its activities in Nigeria. The country’s oil sector has long been plagued by militant violence, corruption, organized crime and, by extension, environmental damage. 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 eyed a move for BP after oil spill

Oil spill: BP still faces the possibility of huge fines from the US government   Royal Dutch Shell weighed an opportunistic takeover bid for crisis-torn BP during the Gulf of Mexico oil spill, according to sources close to the Anglo-Dutch giant.   The Shell board pulled back from making a rescue offer for its longstanding rival on fears that the uncapped legal liabilities could blow a huge hole in BP’s future prospects. But it is understood Shell remains interested in a merger with BP.

At their lowest point in early June, BP shares were trading at just 296p, valuing the group at £55.6billion.

That was less than half the peak value of £123.6billion before the disaster. The group currently has a market capitalisation of £89billion.

BP was able to cap the private-claims from businesses around the Gulf of Mexico region at $20billion after negotiations with the White House.

But it still faces the possibility of huge fines from the US government.

The possibility of a merger between Shell and BP has been discussed before. 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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