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Posts on ‘July 22nd, 2013’

UK Investigates Money Laundering Allegations Relating to Nigerian Oil Block

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LONDON–U.K. authorities are investigating allegations of money laundering linked to a Nigerian oil block currently owned by subsidiaries of Royal Dutch Shell PLC and Eni SpA, a spokeswoman for London’s Metropolitan Police said Thursday.

FULL ARTICLE

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.

Can you profit from the rising oil price?

Royal Dutch Shell shares have been volatile since it admitted it had problems replacing its oil reserves last year.

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Petrol prices roar away, but oil stocks are stuck in the slow lane. Emma Wall looks at the investment case.

Emma Wall

By 21 Jul 2013

Feeling the effects of inflation at the pump? That’s because the oil price has risen steeply. Since early June, Brent crude has risen from a little more than $100 to reach $108.60 a barrel. Overall inflation rose to 2.9pc last week from 2.7pc the previous month – largely because the increase in the price of oil.

But despite the climbing price of oil, the value of oil stocks – and funds that invest in them – has so far failed to enjoy similar gains. But that could change. 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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