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Posts on ‘August 2nd, 2013’

Shell to pull out of Niger Delta

Anglo-Dutch oil giant Shell is to pull out of its oil activities in Niger Delta, its managing director in the country told the NRC in an interview on Friday.

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Friday 02 August 2013

Anglo-Dutch oil giant Shell is to pull out of its oil activities in Niger Delta, its managing director in the country told the NRC in an interview on Friday.

‘We are leaving,’ Mutiu Sunmonu told the paper. The ‘recklessness’ and size of oil thefts are forcing Shell to halve its activities in the country.

On Thursday, CEO Peter Voser talked of ‘divestment’ in Nigeria during the presentation of the company’s second quarter results. He gave the ‘challenges’ in Nigeria as one reason why Shell booked disappointing results. 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.

ALFRED DONOVAN AND ROYAL DUTCH SHELL

Screen Shot 2013-08-02 at 12.59.12AN OPEN LETTER TO MR MICHIEL BRANDJES, COMPANY SECRETARY & GENERAL COUNSEL CORPORATE, ROYAL DUTCH SHELL PLC.

SUBJECT: THE DEATH OF MY FATHER, ALFRED DONOVAN

From: John Donovan <[email protected]>
Subject: THE DEATH OF MY FATHER, ALFRED DONOVAN
Date: 2 August 2013 12:46:37 GMT+01:00
To: [email protected]

AN OPEN LETTER

Dear Mr. Brandjes

I am disappointed, but perhaps not surprised, that Shell management has not been gallant enough to make any comment about the death of my father, a 96 year old 2nd World War veteran who had a business relationship with Shell stretching back over 50 years, the majority of which was mutually beneficial and friendly. 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.

A Nigerian nightmare for Voser as Shell shares slide

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By Rob Davies: 2 August 2013 (Headline as per newspaper article)

Departing Shell boss Peter Voser lamented a ‘clearly disappointing’ quarter as the oil giant suffered a slump in profit and ditched production targets it set just two years ago.

Continuing problems with oil theft in Nigeria and a writedown on the value of its US shale operations proved the main drag on pre-tax profit, which tumbled 60 per cent to £1.6billion.

Even stripping out the US writedown in its ‘liquids-rich’ shale assets, the quarterly profit was 20 per cent below last year’s result at £3billion, sending shares down 105p to 2133p. 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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