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Posts on ‘April 10th, 2013’

Russia and the Netherlands cement special relationship with Shell drilling deal

City Diary: Russia and the Netherlands cement special relationship with Shell drilling deal

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By , City Diary Editor 8:30AM BST 10 Apr 2013

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Good to see Vladimir Putin looking for leadership guidance on his trade tour of the Netherlands.

Not from Shell chairman Jorma Ollila – although the pair’s date to sign off the Arctic drilling agreement between Shell and Russia’s state-owned Gazprom Neft was the focus of the Russian president’s Dutch detour.

Instead, Putin made a beeline for the Hermitage museum in Amsterdam, where he soaked up the opening of an exhibition on his political predecessor, Peter the Great. Peter de Grote, as he is in known in the Low Countries, used the Netherlands as the template for his mission to modernise 17th century Russia. 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.

ConocoPhillips delays 2014 Arctic marine drilling

ANCHORAGE, Alaska (AP) — ConocoPhillips Alaska announced Wednesday it will not drill in Arctic waters off Alaska’s northwest shore in 2014.

Environmental groups hailed the decision and said the experience of Royal Dutch Shell PLC in 2012 demonstrated that oil companies are not prepared to drill in the fragile Arctic environment.

ConocoPhillips said uncertainties of evolving federal regulatory requirements are the reason for backing off.

“While we are confident in our own expertise and ability to safely conduct offshore Arctic operations, we believe that more time is needed to ensure that all regulatory stakeholders are aligned,” said ConocoPhillips Alaska President Trond-Erik Johansen in the prepared statement. 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 Pension Fund – Should You Consider Your Transfer Options?

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Hi John,

This short video may be of interest, specifically to Shell Employees.

http://www.aesadviser.com/services/qrops/

I have personally spoken with guys who have already started to take their Shell pension, and they have been most dismayed to learn about what they could have had, in the way of a cash equivalent transfer (into their own retirement trust) and the massive improvement that such a move heralds in relation to passing their fund to their wife and kids, in addition to the possibility for higher growth between now and retirement and higher levels of income at retirement, than if they were to stay in the Shell scheme. 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.

Peter Voser, Petroleum Executive Screw-up of the Year Award

By John Donovan

Peter R. Voser, the man ultimately responsible for Shell’s screw-up in the Arctic – a farce befitting a low budget Monty Python production, the man on whose watch Shell’s market capitalization has sunk below Chevron, making Shell the third largest of the Western oil majors, not number 2, and also the man responsible for robbing UK Shell shareholders of a UK forum for this years AGM, has been named Petroleum Executive of the Year 2013 Under the circumstances – his transformation of Royal Dutch Shell into a humiliated third rate oil company – the credibility of this annual award has been severely dented. 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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