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Posts on ‘August 31st, 2011’

Rosneft Deal Shows Exxon To Be The Only Supermajor With Heft In Russia

In Sakhalin… Exxon has fared much better than rival Royal Dutch Shell, which has led the development of Sakhalin-2. In 2005 Shell disclosed $10 billion in cost overruns on the $20 billion project, and in 2007 it was forced by the Kremlin to sell half of its Sakhalin stake to Gazprom. Though Shell and Rosneft signed a “strategic alliance” in 2007, it has proven to be all show, no go. In May, Rosneft and Shell were reportedly in talks over a deal to explore the Arctic. The Exxon announcement indicates that those talks have ended.

Christopher Helman, Forbes Staff

From Houston 8/31/2011 @ 12:46PM

More than a black eye for BP, the Rosneft deal is a gold star for ExxonMobil, one that illustrates that the company is not only the world’s biggest international supermajor, but the only one that can claim any lasting success in Russia.

Contrary to the conventional wisdom that Exxon is stepping into dance shoes that had been knocked off BP’s feet — the Exxon/Rosneft venture has been a long time in coming. What’s more, the lovey-dovey deal increases the likelihood that Exxon and the Kremlin might soon be able to come to terms on the development of massive untapped natural gas reserves held by Exxon’s Sakhalin Island development. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Another Denial of Service Attack on Royal Dutch Shell Plc .com website?

“Distributed Denial of Service attack, is when a server is bombarded with so many requests that it can’t respond to legitimate traffic.”

By John Donovan

Apologies for this website being down earlier today. Our dedicated server may have been the target of a denial-of-service high load attack by an unknown party. This information comes from our hosting company in Dallas. DoS attacks generally involve organised efforts by a third party with malicious intent, to prevent an Internet site or service from functioning efficiently or at all. Should this website disappear from the Internet as a result of legal or illegal action by a third party, please visit shellnews.net where we will post information. DoS attacks are unlawful.

The site was down for several hours in the last 24 hours due to what was described  by the hosting company as being “under severely heavy load.”

We cannot be certain if it a problem caused by the popularity of the site, or deliberate coordinated denial of service attacks by an unknown party.

By coincidence or otherwise,  it often seems to happen when we publish the most negative information about Royal Dutch Shell, for example about Shell’s highly sensitive activity in Syria. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

U.K. Shell Deal Spotlights Value of Common Law Model for Human Rights Litigation

Michael D. Goldhaber:  The American Lawyer August 31, 2011

Royal Dutch Shell has been sued so many times over its conduct in Nigeria that its cases offer a laboratory experiment for human rights litigation. After thirteen years of arduous U.S. alien tort litigation, Wiwa v. Shell resulted in a piddling $15.5 million settlement in 2009. Kiobel v. Shell has done even worse. Nearly a decade after the case was filed, it has succeeded only in abolishing the corporate alien tort within the Second Circuit, and if the U.S. Supreme Court accepts cert, it may do the same nationwide.

Now comes the “Bodo” case, which emerged from obscurity three weeks ago. On Aug. 3, four months after farmers and fishermen from the village of Bodo filed a common law complaint in London high court, Shell’s Nigerian subsidiary admitted liability for a pair of oil spills in return for the parent company’s dismissal from the suit. The Financial Times trumpeted the potential for a payout of over $400 million, although the Shell Petroleum Development Company called this number “massively in excess of the true position.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Exxon Reaches Arctic Oil Deal With Russians

By

A version of this article appeared in print on August 31, 2011, on page A1 of the New York edition

MOSCOW — Exxon Mobil won a coveted prize in the global petroleum industry Tuesday with an agreement to explore for oil in a Russian portion of the Arctic Ocean that is being opened for drilling even as Alaskan waters remain mostly off limits.

The agreement seemed to supersede a similar but failed deal that Russia’s state oil company, Rosneft, reached with the British oil giant BP this year — with a few striking differences.

Where BP had planned to swap stock, Exxon, which is based in Texas, agreed to give Rosneft assets elsewhere in the world, including some that Exxon owns in the deepwater zones of the Gulf of Mexico and on land in Texas. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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