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Posts on ‘February 2nd, 2013’

Shell India In Talks With Tax Men Over Alleged Tax Evasion

Published February 02, 2013 by Dow Jones Newswires

The Indian unit of Royal Dutch Shell PLC (RDSA) Saturday said it is in talks with tax authorities in India over alleged tax evasion.

Earlier in the day, Mint newspaper, citing a person familiar with the matter, said that the Indian income tax department charged Shell India of under pricing a share transfer within the group by 150 billion rupees ($2.8 billion) and consequently evading taxes.

Citing television channel ET Now, the report also said that the income-tax order relates to the issue of 870 million shares by Shell India to an overseas company Shell Gas BV in March 2009. 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 to Sea protesters block trucks en route to compound

Protesters waving signs saying “Shell Destroys Communities and Environment” and “Harmful to Local Community” blocked trucks drawing material to a Shell tunnelling compound at Aughoose. Partners Shell, Statoil and Canadian-owned Vermilion are now 10 years behind the initial target to start generating revenues from the field.

Saturday, February 02, 2013

A group of environmental activists have staged a protest against oil and gas giant Shell today.

The organisation Shell to Sea, which has overseen a long-running campaign against the global energy firm over its plans for a major gas project in Co Mayo, described its latest profit announcement as “obscene”.

Shell revealed it made €19.6bn in profits during 2012. Campaign spokesman Terence Conway said it was clear communities were being exploited for corporate interests. 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 vows to tame Arctic

Shell’s chief executive has vowed that a string of embarrassing mishaps will not derail its controversial $5 billion Arctic drilling campaign. He said: “We will not be distracted by being in the crossfire.

THE TIMES

FRIDAY FEBRUARY 1 2013: Page 45

Tim Webb. Katherine Griffiths

Shell’s chief executive has vowed that a string of embarrassing mishaps will not derail its controversial $5 billion Arctic drilling campaign.

Dismissing the grounding of its Kulluk drilling rig in Alaska on New Year’s Eve as a “marine incident”, Peter Voser said that he was convinced that Shell would eventually exploit the Arctic region’s vast deposits.

He said: “We will not be distracted by being in the crossfire. We are quite used to that I’m convinced that Alaska in general will be developed and by companies who have the tech- nology and operating procedures like we have. I see Shell operating in Alaska in the future.” 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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