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Posts on ‘November 4th, 2011’

Shell was squeezed out of the Sakhalin-2 project precisely five years ago

By Motley Fool Staff Posted 9:58PM 11/03/11

EXTRACTS

Last week, my Foolish colleague Alex Planes wrote a superb article offering the conclusion that “Cheap Oil Isn’t Coming Back,” an assessment with which I completely agree. Beyond that, though, I’d add, “And Cheap Gas Has a Brief Future, Too.” With that in mind, it’s crucial to look back at the recent earnings season to garner what we can about which major oil companies appear to offer the biggest boosts for our portfolios.

Shell’s full of LNG
Royal Dutch Shell also doubled its earnings in the past quarter, chalking up a growth rate that one advertisement used to refer to as “a silly millimeter” beneath Chevron’s. The company is casting a major lot with LNG, where it leads the world in production and distribution. That’s a sufficient reason for placing the Anglo-Dutch giant next to Chevron as another member of Big Oil’s most promising trio.
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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.

Peter Voser warns of slower economy or even ‘slight’ recession

European CEOs Prepare for Recession Risk Amid Greek Flipflopping

November 04, 2011, 4:53 AM EDT

By Tara Patel and Matthew Campbell

Nov. 4 (Bloomberg) — The squabbling over Greece’s future in the euro zone may push Europe’s economy into recession and reduce companies’ ability to compete internationally, according to executives of some of the region’s biggest corporations.

“There are legitimate reasons to be worried,” Alexey Mordashov, CEO of Russia’s second-biggest steelmaker OAO Severstal, said yesterday in an interview in Cannes, France, where the Group of 20 leaders are meeting this week. “We expect it to undermine growth in Europe.” 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.

Warning issued by Garda watchdog over Corrib tapes

The Irish Times – Monday, October 31, 2011

LORNA SIGGINS, Western Correspondent

THE IRISH Federation of University Teachers has expressed serious concern about a warning of possible prosecution issued to an academic at NUI Maynooth by the Garda Síochána Ombudsman Commission.

The warning relates to alleged “obstruction” of the Garda Ombudsman’s continuing inquiry into taped comments made by gardaí after a Corrib gas protest on March 31st last.

The federation’s general secretary Mike Jennings says that the Garda Ombudsman’s approach “illustrates the lack of protection for both bona fide researchers and journalists” in protecting sources. 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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