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Posts on ‘March 12th, 2011’

Shell money laundering of Al-Yamamah proceeds

By John Donovan

In September 2009, we published an article headlined: BAE Systems whistleblower accuses Shell & BP of money laundering Al-Yamamah proceeds

Al-Yamamah was the Saudi/UK corruption scandal investigated by the UK Serious Fraud Office until the investigation was stopped in its tracks by the then PM, Tony Blair, a man not known for being incorruptible or honest. Blair gave in to threats from the repressive Saudi regime. In my lifetime, this was a low point in the UK’s international reputation, along with the Suez fiasco.
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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’s cash flow conundrum in focus

Reuters Africa

Fri Mar 11, 2011 1:11pm GMT

* Shell strategy update due on March 15

* Oil price spike not seen affecting Shell’s plans

* Eyes on cash flows generated from projects

* Shell expected to add to investment pipeline

By Greg Roumeliotis and Alex Lawler

AMSTERDAM/LONDON, March 11 (Reuters) – Royal Dutch Shell (RDSa.L: Quote) will need to convince investors it can put growing cash flow to good use when the Anglo-Dutch oil company updates them on its strategy plans next week.

Shell is generating more cash after investing more than $100 billion in exploration and production over the last five years. 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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