Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘October 1st, 2011’

ROYAL DUTCH SHELL HISTORY OF TAX AVOIDANCE

By John Donovan

The oil giant Royal Dutch Shell has a long history as a participant in what the Guardian has aptly described as “the murky world of corporate tax avoidance.”

In February 2009, the Guardian newspaper published an article under the headline: “Offshore – and out of reach to the Revenue

Extracts

The Anglo-Dutch oil giant Shell, although it is still a British plc operating under UK company law, has shifted its trademarks to Switzerland and its main tax residence to the Netherlands.

Shell, meanwhile, has shifted ownership rights of its iconic scallop-shell roadside sign out of London to a third low-tax regime in Switzerland. It was part of a carefully planned merger of its UK and Dutch arms, which enabled the oil giant to keep many operations from the grip of the British tax authorities. For tax purposes, Royal Dutch Shell plc is now resident in the Netherlands. The company told us that the brand shift to the tax haven canton of Zug was not for tax avoidance, but for “entirely commercial” reasons. “There has been no impact on the Shell brand in the UK,” the company said. It added that there would now be “more effective and consistent management of the Shell trademarks”. 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.

Alaska to BP to Conoco Count On Shell’s Bounty From Arctic Oil

By Katarzyna Klimasinska – Oct 1, 2011 3:48 PM GMT+0100

The parking lot at the Millennium Alaskan Hotel in Anchorage was as jammed at 6:30 a.m. on a Thursday as the float-plane marina at neighboring Lake Spenard. About 170 oil executives, tribal entrepreneurs and state employees entered through a lobby adorned with stuffed polar bears and mounted moose heads.

The predawn visitors were there to hear Pete Slaiby, 53, the head of Alaska operations for Royal Dutch Shell Plc (RDSA), outline the company’s plans to drill in icy Arctic seas. 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 hopes to break the ice on Arctic drilling

Energy giant has $200 million in new anchor-handling vessel

By SIMONE SEBASTIAN, HOUSTON CHRONICLE

LAROSE, La. — A ship taking shape along the balmy Gulf Coast will have to sail a long way to do what it does best.

The vessel has the power to break through thick sheets of ice. It can operate at temperatures as low as 58 degrees below zero.

Those conditions don’t come up much in the Gulf of Mexico, but the oil exploration support vessel nearing completion in Larose has a mission in waters thousands of miles north, as Shell hopes to ramp up a search for oil in the Arctic. 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 Customer Talks After Fire Shuts Its Biggest Refinery

October 01, 2011, 8:43 AM EDT

By Ann Koh and Yee Kai Pin

Oct. 1 (Bloomberg) — Royal Dutch Shell Plc is in talks with customers about the supply of products as it halts all units at its largest oil refinery after the worst fire at the Singapore plant in 23 years.

Shell is in discussions with customers “to minimize any potential impact to them,” it said today on its website. While the fire was fully extinguished on the evening of Sept. 29, the company is continuing a “progressive shutdown” of refinery units as an added precaution as it investigates the accident, Peing Tajang, a company spokeswoman, said in a separate e-mail. 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 execs get glimpse of new ship

Cara Bayles, Staff Writer: Published: Saturday, October 1, 2011 at 6:01 a.m.

LAROSE — Shell Oil executives got a glimpse Friday of the 360-foot icebreaker that Edison Chouest Offshore is building for the oil giant. The vessel is the biggest and one of the most advanced ever built by the south Lafourche company.

FULL ARTICLE

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.

Lawsuit Challenges Arctic Drilling Permit as Shameful

09/30/2011 12:43 PM

Royal Dutch Shell Oil may have gotten the Obama administration to approve the most aggressive Arctic drilling proposal in US history, but not without a challenge.

A coalition of native and conservation groups filed suit against the Bureau of Ocean Energy Management, Regulation, and Enforcement’s (BOEMRE) over its decision to allow offshore oil drilling in Arctic’s Beaufort Sea.

In granting the permit, BOEMRE said it “found no evidence that the proposed action would significantly affect the quality of the human environment.” 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.
%d bloggers like this: