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Posts on ‘February 19th, 2011’

Essar agrees break fee on Shell’s Stanlow

FT.com

By David Blair in London and Tom Burgis in Mumbai: Published: February 19 2011 01:30

Essar Energy has taken a significant step towards buying Shell’s refinery at Stanlow, on the south bank of the Manchester Ship Canal near Ellesmere Port in Cheshire.

Essar has until March 31 to confirm that it wants to buy Stanlow. If it decides not to proceed, it will be liable for a break fee of $50m. If Essar decides to go ahead, Shell will have three days to decide whether to accept – and it will be liable for a $10m fee if it turns down the offer. 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 sells Africa businesses to Vitol, Helios

Feb 19, 2011 2:07 PM GMT+0000

AMSTERDAM (AP) — Royal Dutch Shell PLC has entered into a $1 billion agreement to sell a majority share of most of its downstream businesses in 14 African countries to the Vitol trading company and Helios, an African investment company.

The announcement by the three companies says two joint new ventures will be created. One, to be 80 percent owned by Helios and the Netherlands-based Vitol, will continue supplying the Shell brand of fuels and lubricants in the 14 countries, with five more nations possibly joining later. 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.

Donovans v. Royal Dutch Shell

By John Donovan

Printed below is our most recent correspondence with Royal Dutch Shell Plc.

It is self-explanatory.

From: John Donovan <[email protected]>
Date: 2 February 2011 14:47:14 GMT
To: [email protected]
Cc: [email protected]
Subject: Section 7 (1) of the Data Protection Act

To:

Mr. Gavin White
Company Secretarial Department
Shell International Limited

Dear Mr. White

Section 7 (1) of the Data Protection Act

As you may be aware, my father Alfred Donovan and I reached an agreement with Royal Dutch Shell Plc Chief Ethics & Compliance Officer, Mr Richard Wiseman, that in future our Subject Access Request applications to Shell would be made on a joint basis i.e. in the names of Alfred and John Donovan. 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.

Kiobel v. Royal Dutch Petroleum Co

“Second Circuit Leaves Intact Ruling Limiting Jurisdiction of Alien Tort Statute Over Corporations”
Fulbright Briefing
Judith A. Archer and Sarah E. O’Connell
February 16, 2011

On February 4, 2011, the United States Court of Appeals for the Second Circuit denied en banc reconsideration of a September ruling in Kiobel v. Royal Dutch Petroleum Co., holding that the jurisdiction granted by the Alien Tort Statute (“ATS”) does not extend to civil actions brought against corporations. The vote of the full 10-judge panel of the Second Circuit was split 5-5, leaving intact the original ruling from September. The initial panel voted separately not to rehear the case. Kiobel v. Royal Dutch Petroleum Co., No. 06-4800-cv, 06-4876-cv, 2011 U.S. App. LEXIS 2200 (2d Cir. Feb. 4, 2011) 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.

Essar may pump Indian fuel into UK

Petrol from India is likely to find its way into the UK market for the first time, after Essar Energy bought Royal Dutch Shell’s Cheshire oil refinery for $350m (£216m).

Essar may pump Indian fuel into UK Photo: ALAMY Rowena Mason By Rowena Mason 7:15AM GMT 19 Feb 2011

It is the latest deal in the struggling UK refining industry, which has found it difficult to stay profitable in recent years and is expected to face increasing global competition.

The $350m price tag is about half what Shell was initially expected to get for the Stanlow refinery, following 18 months of negotiations with Essar.

The Indian company, which listed on the FTSE 100 last year, has promised that jobs will be safe and the refinery will remain open.

A spokesman for Essar said the company had already identified a number of investments it wanted to make to increase output from 75pc to nearer 100pc capacity. 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.

US House Votes To Help Clear Path For Shell Drilling In Arctic

By Tennille Tracy, Of DOW JONES NEWSWIRES

Feb 18, 2011

WASHINGTON -(Dow Jones)- The U.S. House of Representatives has approved a measure that helps clear a path for Royal Dutch Shell (RDSA, RDSA.LN) to drill an exploratory well in the Arctic Ocean.

With most of the favorable votes coming from Republicans, the measure blocks the Environmental Protection Agency’s appeals board from revoking any permits for projects along Alaska’s Arctic Coast.

The goal of the measure, introduced by Alaska Republican Rep. Don Young, is to prevent this appeals board from revoking a clean-air permit Shell is seeking in its effort to drill an exploratory well in the Beaufort Sea. 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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