Posted 9/24/2012 11:37 AM by Zacks Equity Research from Zacks.com
Global energy company, Royal Dutch Shell plc ( RDS.A ) has received the necessary approval from federal officials to perform limited site work in the Beaufort Sea, in order to set up its second drill site off Alaska’s northern coast.
Earlier, The Bureau of Safety and Environmental Enforcement had given its nod for similar activities in the neighboring Chukchi Sea to Shell.
However, Shell cannot move ahead with its drilling plans in the petroleum zones till the spill response barge is in place. Earlier this month, the company had postponed its Arctic drilling plans for a year after a spill containment dome sustained damage during the course of a testing session.
This year, Shell will drill pilot holes and look into other well preparation work.
As per federal reports, the U.S. Arctic waters contain an estimated 26 billion barrels of oil and 130 trillion cubic feet of natural gas. Shell expects to tap this huge resource.
Royal Dutch Shell plc owns one of the largest integrated oil and gas businesses in the world. The group has operations all over the world and is involved in various activities related to oil and natural gas, chemicals, power generation, renewable energy resources, and other energy related businesses. Royal Dutch Shell divides its operations into three major segments: Upstream, Downstream, and Corporate.
We believe that Shell’s strong and diversified portfolio of development projects offer lucrative long-term opportunities to the company and will continue to boost revenue and earnings growth over the next few quarters.
However, the company is particularly susceptible to its high exposure to the downstream business, its major natural gas focus, as well as lofty capital spending, which may result in reduced returns going forward.
Royal Dutch Shell – Europe’s most valued oil company, ahead of BP plc ( BP ) and Total SA ( TOT ) currently retains a Zacks #3 Rank that translates into a short-term Hold rating. We are also maintaining our long-term Neutral recommendation on the stock.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
