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Posts on ‘September 26th, 2011’

From our archives: Plaintiffs win $66 million from Shell Oil

Royal Dutch Shell evasion of royalties: Plaintiffs win $66 million from Shell Oil after making the mistake of relying on Shell’s “honesty and integrity”:

“Shell told us [in 1995] that if we didn’t want to accept a nuisance value settlement, they would drag the case out and my clients would be dead before they ever got the money,” said Calvert. “They ended up being partly right.”

Sat May 17, 2008

NEWSOK.COM: Shell weighs appeal in royalty case

By Jack Money

Shell Oil Co. is weighing an appeal of a $66 million verdict this month by a Stephens County jury in a royalties payment case, company officials said Friday.

The verdict stems from a case where five women claimed they were owed royalties that had not been paid since the early 1970s.

Background to case

The royalties involved a well on a 20-acre lease in a 640-acre unit between Ardmore and Duncan. The area is one of old production, in which more than 100 wells have been drilled. 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.

Arctic Needs More Oil-Drilling Protection, Pew Report Finds

By Katarzyna Klimasinska – Sep 26, 2011 7:58 PM GMT+0100

President Barack Obama’s administration should add to protection for Arctic wildlife as the U.S. moves to allow oil-drilling off the Alaska coast next year, a study commissioned by environmental groups said.

The government should make special efforts to avoid harm in the most sensitive habitats and gather comprehensive data about seals, walruses and bowhead whales of the Beaufort and Chukchi seas, where Royal Dutch Shell Plc (RDSA) has bought leases, and the research should be publicly accessible, according to a report released today by the Pew Environment Group and the Washington- based Ocean Conservancy. 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.

From our archives: SHELL SETTLES ROYALTIES CASE FOR $33.5 MILLION

Royal Dutch Shell evasion of royalties

Published: March 21, 2002

The Royal Dutch/Shell Group paid $33.5 million to settle a lawsuit filed by the State of Alabama claiming more royalties from natural gas Shell produced in state waters, a lawyer representing Alabama said.

Shell Oil, the United States unit of Royal Dutch/Shell, was sued in June 1999 for underpaying royalties as far back as 1991 for gas from Mobile Bay, said Richard Dorman of Cunningham, Bounds, Yance, Crowder & Brown.

Alabama got $27.1 million in the settlement. The remaining $6.4 million went for lawyers’ fees and expenses. 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 in Nigeria shuts in 25,000 bpd of oil


26 September 2011

LAGOS — Anglo-Dutch oil group Shell said Monday it has shut in 25,000 barrels per day of crude in a southern Nigerian oil field due to spills caused by sabotage and theft.

“The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has shut in production from Imo River Field due to a recent upsurge of illegal bunkering and refining activities which have impacted the environment,” the company said in a statement.

“Some 25,000 barrels of oil per day is affected,” Shell said, adding it took the action on August 28 “to starve the illegal bunkerers of crude oil in order to prevent further environmental pollution.” 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.

Arrow Wins Bow Energy After Boosting Offer to A$535 Million

By James Paton

Sept. 26 (Bloomberg) — Arrow Energy Ltd., owned by Royal Dutch Shell Plc and PetroChina Co., agreed to buy Bow Energy Ltd. after sweetening its offer to A$535 million ($516 million), gaining resources for a natural gas project in Australia.

The coal-seam gas explorer and producer in Queensland state increased its cash offer to A$1.52 a share from A$1.48, Brisbane-based Bow said in a statement today. That’s 72 percent more than the stock’s price of 88.5 cents in Sydney trading before Arrow made its initial offer on Aug. 22. 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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