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Posts on ‘February 9th, 2013’

Shell tax dodging in Alaska

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OPINION: From the Editor: Shell’s denial of tax issue shameful

February 8th 3:44 pm | Carey Restino

EXTRACT

This week, Shell CEO Peter Voser denounced the Bristol Bay Times-Dutch Harbor Fisherman’s story in a London press conference, saying $6 million was nothing to Shell, and therefore didn’t factor into the company’s decision to move its rigs when they did. Remember, Shell’s plan was not only to move the Kulluk, but also the Noble Discoverer, which ran into trouble, too, luckily while it was docked in Seward and bobbing around in a horrific storm at not a risk to Alaska like the Kulluk. 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 shock move jumpstarts oil benchmark reform debate

Royal Dutch Shell upended the oil world on Friday, unilaterally rewriting the rules of the market that sets the basis of billions of dollars of oil worldwide, risking a liquidity-sapping confrontation with other actors.

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Fri Feb 8, 2013 6:59pm EST

* Shell’s rules start Monday for May and beyond cargoes

* Rules would improve liquidity in North Sea market -Shell

* Platts says will ignore Shell’s terms for now

By Alex Lawler and David Sheppard

LONDON/NEW YORK, Feb 8 (Reuters) – Royal Dutch Shell upended the oil world on Friday, unilaterally rewriting the rules of the market that sets the basis of billions of dollars of oil worldwide, risking a liquidity-sapping confrontation with other actors.

In a notice published on its website, Shell said it would alter its SUKO 90 terms in the so-called Dated Brent market starting on Monday for cargoes loading in May and thereafter in a move the oil major said would bolster liquidity in the key North Sea market. 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 Shell related articles 8 February 2013

Selection of Shell related article links kindly supplied by a regular contributor

Stranded Shell drill vessel won’t face state tax: FuelFix (blog)-State oil and gas attorney Martin Schultz said the policy covers the Kulluk. “It’s a pretty straightforward interpretation as it applies to the Shell …

G8 and Nigeria’s Oil Wealth: Corruption and Wealth of a Nation: GroundReport-The discovery of oil in 1950s by Shell BP has complicated Nigerian project and the realization of a true nationhood. The ruling class was not …

Letter: You should be outraged at how this oil giant pollutes our …: River Falls Journal-Feb 7, 2013: The Royal Dutch Shell Oil Company, the most carbon-intensive oil company in the world, will contribute more to global warming than any other … 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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