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Posts on ‘October 24th, 2012’

Chevron, BP Price-Fixing Case Referred to South Africa Tribunal

By Paul Burkhardt on October 24, 2012

South Africa’s Competition Commission has recommended the maximum penalty in a price-fixing case spanning decades that involves six companies including Chevron Corp. (CVX), Royal Dutch Shell Plc (RDSA) and Total SA. (FP)

The regulator, which has referred the matter to the Competition Tribunal for adjudication, wants the companies to be fined 10 percent of their revenues in the preceding financial year, it said in a statement today.

The investigation “revealed collusive conduct through extensive exchanges of commercially sensitive information by the respondent oil companies,” which also include Engen (ENGN) Ltd., Sasol Ltd. (SOL), BP SA and the South African Petroleum Industry Association, or Sapia, the Pretoria-based commission 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.

Nigeria oil output down 20 pct-officials

Wed Oct 24, 2012 6:58am EDT

* Flooding cuts Nigeria production by 500,000 bpd

* Shell declared force majeure on Bonny, Forcados

* NNPC says oil output around 2.1-2.2 mln bpd

By Joe Brock

ABUJA, Oct 24 (Reuters) – Nigeria has lost at least a fifth of its oil output in recent weeks due to severe flooding and oil theft, government oil officials said on Wednesday, in comments that helped push oil prices higher.

Nigeria’s oil is exported to the United States, Asia and Europe and the current disruptions estimated at 500,000 barrels per day could amount to as much as 0.5 percent of global supply.

Nigeria lost around 500,000 barrels per day (bpd) of oil production due to severe flooding in recent weeks, an industry regulator told Reuters. 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.

Selection of Article Links: 24 October 2012

Selection of article links supplied by a regular contributor

Study for Shell’s Jackpine Oil Sands Mine Predicts ‘Unprecedented …

Inside Climate News-Oct 22, 2012
Study for Shell’s Jackpine Oil Sands Mine Predicts ‘Unprecedented’ Losses in Animal Habitat (Edmonton Journal) · Methane Found in Drinking …

Shell’s Tar Sands Expansion Could Be Illegal

SustainableBusiness.com-Oct 22, 2012
Shell’s Tar Sands Expansion Could Be Illegal … emits triple the carbon emissions of conventional oil, while decimating its Boreal Forest. 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.

Mark Carne leaving Shell (or booted out?)

THIS DEVELOPMENT HAS NOT BEEN ANNOUNCED PUBLICLY BY SHELL

“There must have been a power-struggle of epic dimensions for him to leave Shell the second time. I am not aware of similar career moves in the past and certainly not at his level!! Sweeping the stairs from top to bottom?”

FROM A SHELL SOURCE

John

See “restricted” internal communication today from Andy Brown concerning the pending departure of a competitor for the top job which Andy Brown now has.

You reported on your website some time ago some details about Mark Carne (photo above right):

Warning about Mark Carne of Royal Dutch Shell Plc

There must have been a power-struggle of epic dimensions for him to leave Shell the second time. I am not aware of similar career moves in the past and certainly not at his level!! Sweeping the stairs from top to bottom? 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.

Leaked Shell Internal message from Upstream International Director Andrew Brown

“More drivel on focus, leadership, business and all politically correct words.”

FROM A SHELL SOURCE, A LEAKED SHELL INTERNAL MESSAGE SENT MINUTES AGO BY “ANDY” BROWN, UPSTREAM INTERNATIONAL DIRECTOR. FOLLOWS UP ON A LEAKED MOTIVATIONAL MESSAGE FROM PETER SUPERBUCKET VOSER

John

More drivel on focus, leadership, business and all politically correct words. Even 2 females in the 7 jobs mentioned! Soothing words that for most people there will be little change. He forgot to mention Health and Environment.

He is still called Andy, I wonder when he will transform to Andrew and then Sir Andrew….
 
And there is talk about reinforcing the partnership with P&T. Presumably the technical people will be asked a bit upfront their opinion? I always thought that the oil and gas business was a highly technical business. I appear to be wrong. It is about focus, leadership and relation management. The hard and mundane work will be done by the contractor as Herkstroter already foresaw in 1994. A man with vision!
 
In the next few weeks I fear the staff will see a lot of this: 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.

Nigeria: Total, Shell Halt 517,000 Barrels Crude Production

By Juliet Alohan With Agency Report, 24 October 2012

A total of 517,000 barrels of oil equivalent per day has been halted following the force majeure declared by oil giants Total and Shell.

Total has declared force majeure on gas supplies to Nigeria LNG’s liquefication plant, the company said yesterday.

The company said it had stopped oil and gas production from its onshore Oil Mining Lease (OML) 58 block, losing the equivalent of 90,000 barrels per day of oil equivalent.

The oil and gas major said it declared the force majeure 10 days ago at its OML 58 natural gas field in Nigeria due to flooding, which forced the company to halt its natural gas production there, and that it had stopped oil and gas production from its onshore OML 58 block. 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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