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Posts on ‘February 4th, 2011’

US court upholds key Shell ruling in Nigeria case

In a divided vote that prompted a bitter debate among some of its judges, the court left intact what some legal experts call a landmark ruling in September that companies cannot be liable in U.S. courts for violations of international human rights law.

The plaintiffs, families of seven Nigerians who were executed by a former military government for protesting Shell's exploration and development, had sought to recover from the oil giant under a 1789 U.S. law known as the Alien Tort Statute.

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: No Beaufort Sea drilling in Arctic for 2011

Shell Alaska Vice President Pete Slaiby (right) speaks at a news conference on Thursday, Feb. 3, 2011, at Shell offices in in Anchorage, Alaska. Shell Alaska has dropped plans to drill exploratory wells in the Arctic waters of the Beaufort Sea this year and will concentrate on obtaining permits for the 2012 season, Slaiby said Thursday, Feb. 3, 2011. (AP Photo/Dan Joling)


Dan Joling, Associated Press, On Thursday February 3, 2011, 8:10 pm EST

ANCHORAGE, Alaska (AP) — Shell Alaska has dropped plans to drill in the Arctic waters of the Beaufort Sea this year and will concentrate on obtaining permits for the 2012 season, company Vice President Pete Slaiby said Thursday.

The recent remand of air permits issued by the Environmental Protection Agency was the final driver behind the decision, Slaiby said at a news conference.

Alaska receives upward of 90 percent of its general fund revenue from the petroleum industry, and top state officials reacted strongly to the decision. U.S. Sen. Mark Begich, D-Alaska, blamed the Obama administration and the EPA. 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 horror story in Nigeria

By an outspoken former employee of Shell Oil USA

When I was in my teens I can remember watching what is now a cult sci-fi flick called ‘Invasion of the Body Snatchers’. It is story about aliens who come to earth as plants and the seed pods turn into replicas of humans, but they aren’t, they are alien predatory ‘pod-people’ out to take over the world.

The story of RD Shell’s seconding of the Nigerian government reminded me of this movie.

Is the Nigerian government run by Nigerians or is it really run by alien predatory ‘Shell-people’ masquerading as Nigerians whose objective is to loot the country and suck it dry of its oil wealth. Beware, they are not only coming, these alien ‘Shell-people’, they are here. Run for you lives! RUN! RUN!! AHHHH!!! 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 profit doubles but shares fall on production problems

The Telegraph

Friday 04 February 2011

Despite higher oil prices helping double profits at Royal Dutch Shell this year, the energy giant’s share price has sunk 3pc on production problems and delays to its US Arctic drilling.

Shell has seen a number of major projects from Qatar to Brazil start producing oil and gas this year, lifting output and revenue Photo: Andrew Crowley Rowena Mason By Rowena Mason 7:00AM GMT 04 Feb 2011

The Anglo-Dutch company made profits of $18.6bn (£11.5bn) on a cost of supply basis, which strips out the effects of inventory changes.

For the fourth quarter, its profits were $5.7bn – up from $1.2bn a year ago – but below analysts’ expectations. This sent its share price down 75½, or 3pc, to £21.75½.

Shell has seen a number of major projects from Qatar to Brazil start producing oil and gas this year, lifting output and revenue. Production for the year rose 6pc to 3.3m barrels per day, up from 3.1m a year earlier. 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.

Citing Delays, Shell Ends Plans for Arctic in 2011

By CLIFFORD KRAUSS

A version of this article appeared in print on February 4, 2011, on page B6 of the New York edition.

A Shell tanker refueling a jet at Manchester Airport in England. The company has invested $3.5 billion to drill in Alaska. Photo Credit: Phil Noble/Reuters

HOUSTON — Faced with continued regulatory delays, Royal Dutch Shell announced on Thursday that it was abandoning plans to drill for oil in Alaskan Arctic waters this year but that it remained committed to exploring in the area in the future.

Shell has already invested $3.5 billion to drill in Alaska’s Beaufort and Chukchi Seas, but the company has been snarled in regulatory delays and lawsuits since it entered into 10-year exploration leases five years ago. 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 boss claims the firm is ‘suffering like motorists’ despite making £440 a second

DAILY MIRROR

THE boss of oil giant Shell has sparked fury by claiming his firm is “suffering like motorists” from sky-high prices, while revealing profits of £440 a second.

Peter Voser tried to defend record high pump prices by claiming the soaring cost of oil hammered its refineries, which convert crude into fuel and other products.

Voser, who raked in £2.8million in 2009, blamed the pain on VAT and fuel duty, arguing 70% of the pump price went to the Treasury.

He said: “I suggest the motorist talks to the government.” 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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