Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘November 17th, 2011’

How Suing Shell Could Backfire on Human Rights Activists

Nov 17 2011, 9:00 AM ET

International groups have long been using a 1789 tort to sue corporations for acts on foreign soil. An upcoming Supreme Court case might put an end to that.

REUTERS

This past October, a 15-year legal battle between Royal Dutch Petroleum and a Nigerian political movement finally went before the Supreme Court — of the United States, that is. On October 17, the Court decided to hear a lawsuit filed by Esther Kiobel, whose husband, Dr. Barinem Kiobel, was one of nine activists from the Movement for the Survival of the Ogoni People hanged by Sana Abacha’s military government on November 10, 1995. Kiobel alleges Shell was partly responsible for her husband’s death, and for other human rights violations committed in the oil-rich Ogoniland region. 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, BP Gain From U.S. Seaway Oil Pipeline Reversal, RBC Says

By Eduard Gismatullin – Nov 17, 2011 9:15 AM GMT

Royal Dutch Shell Plc (RDSA) and BP Plc (BP/) will benefit from a plan to reverse the direction of the Seaway pipeline in the U.S. and pump crude to the Gulf of Mexico coast, RBC Capital Markets said.

Shell and BP will each pump about 13 percent of their total oil output in North America through the pipeline, said Peter Hutton, a London-based analyst at RBC. The reversal will ease the glut of West Texas Intermediate oil at the U.S. benchmark’s delivery hub at Cushing, Oklahoma, and narrow the spread with Brent oil. That will boost adjusted earnings for Shell and BP by 3.2 percent and 3 percent respectively, Hutton said. 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 Ready to Move on Alaska Wells — If Alphabet Soup of Challenges Would End

By FoxNews.com: Published November 16, 2011

An estimated 27 billion barrels of oil are sitting just off the northern coast of Alaska in waters controlled by the United States, but despite spending more than five years and $4 billion, Shell Oil Company still can’t get to it.

The company was planning to announce this week plans to move ahead with drilling three test wells in the Beaufort and Chukchi Seas next summer, but it’s still lacking several permits and a roadmap of how to get them. 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’s China Moves: Can Shell keep riding this tiger?

The Anglo-Dutch energy giant and state-owned PetroChina have teamed up to get gas out of the ground in China—and to tap new sources of energy worldwide

November 16, 2011, 11:10 PM EST

By and

The hilltop city of Yulin, about 500 miles southwest of Beijing, was once a strong point in the defensive wall that protected the Chinese heartland from the tribes to the north. An ancient fortress survives in the old part of the city, the Chinese characters for “Suppress the Barbarians” carved over its gate. Today, Yulin’s a boomtown in the oil- and gas-rich Ordos Basin. In the streets not far from the fortress walls, where men sell roasted goat heads from carts, young boys hand out brochures for apartment towers built for newly wealthy oil workers and coal miners. If fresh characters were carved into the old fortress gates now, they might say “Resource Barbarians Welcome!” Or they might simply be a pair of corporate logos: one for PetroChina (PTR), the publicly traded wing of CNPC, China’s largest oil company, and a second for its foreign partner, Royal Dutch Shell, the second-largest Western oil company. 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 pulls out of Kurdistan oil talks – FT

LONDON | Wed Nov 16, 2011 7:39pm EST

Nov 17 (Reuters) – Royal Dutch Shell Plc has pulled out of oil-development talks with the Kurdistan regional government in an effort to protect lucrative investments in southern Iraq, the Financial Times reported on Thursday.

The newspaper cited people familiar with the discussions as saying Baghdad is seeking to impose a de facto ban on companies operating in Kurdistan, a semi-autonomous region in northern Iraq.

Over recent days Iraqi government officials have threatened to cancel an existing oil field contract with Exxon Mobil Corp and on that basis, Shell’s move is precautionary to protect a potential $17 billion natural gas deal, according to the FT’s 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.

Biggest Oil Find in Decades Becomes $39 Billion Cautionary Tale

After 11 years and $39 billion of investment, Exxon Mobil Corp., Royal Dutch Shell Plc (RDSA) and their partners have yet to sell a drop of oil from what was touted as the world’s biggest discovery in four decades.

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: