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October 11th, 2013:

Conclusion of Irish Police Investigation into OSSL allegations

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Screen Shot 2013-08-28 at 00.03.05By John Donovan: Friday 11 Oct 2012

OSSL says that Garda Superintendent Thomas Murphy confirmed to them earlier today that he has completed his investigation of their allegations and that his findings are being referred to the Garda Síochána Ombudsman Commission.

There is some related speculation, based on claimed information from a Corrib gas project insider source, that Supt Murphy has found evidence that OSSL allegations are factually based and will be passing this on to the GSOC. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

PRICE MANIPULATION ARTICLES

Abengoa is the latest name to emerge in the probe that started in May with raids on the offices of energy news and price publisher Platts, Statoil ASA, BP Plc, Royal Dutch Shell Plc and Argos Energies to gather evidence of possible collusion in oil and biofuel pricing.

Abengoa Bioethanol Arm Raided in EU Manipulation Probe

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Abengoa SA (ABG), owner of continental Europe’s biggest bioethanol plant, said that it’s being investigated as part of the European Union’s antitrust probe into possible manipulation of oil and biofuel prices.

The company and its Rotterdam-based Abengoa Bioenergy Trading Europe unit were inspected over possible collusion to manipulate the Platts market-on-close process and exclude companies from the way prices are assessed, Abengoa said in a U.S. regulatory filing dated Oct. 4. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Tesoro oil spill: over 20,000 barrels seep into North Dakota wheat field

*At least they don’t blame oil thieves…if it can happen here, it can happen in Nigeria too…

Officials say the seven-acre spill, allegedly from a quarter-inch hole in the pipeline, has not contaminated any water sources

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  • theguardian.com,

More than 20,000 barrels of crude oil have spewed out of a Tesoro oil pipeline in a wheat field in northwestern North Dakota, the state health department said Thursday.

State environmental geologist Kris Roberts said the 20,600-barrel spill, among the largest recorded in the state, was discovered on 29 September by a farmer harvesting wheat about nine miles south of Tioga.

“The farmer was harvesting his wheat and started smelling oil,” Roberts said. “It went from there.” read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Grand theft delta hits Nigeria oil output

FINANCIAL TIMES

By Ajay Makan: October 10, 2013 10:46 pm

Nigeria’s oil resources may remain among the most attractive in the world but anyone interested in developing them must be prepared to lose a large portion to thieves and a chunk to the government, if parliament can ever agree on how much it is due.

FULL FT ARTICLE

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Free 20% state stake in South Africa oil and gas projects

*IRISH CITIZENS BEING RIPPED OFF BY SHELL, PLEASE NOTE!

All new oil and gas projects in South Africa will have to cede a 20 per cent free stake to the state under new legislation approved by government… In addition, the state can increase its shareholding in such exploitation projects up to 50 per cent…

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State can increase shareholding up to 50 per cent

Bill Corcoran: Fri, Oct 11, 2013, 01:00

All new oil and gas projects in South Africa will have to cede a 20 per cent free stake to the state under new legislation approved by government, mineral resources minister Susan Shabangu said yesterday.

In addition, the state can increase its shareholding in such exploitation projects up to 50 per cent, although the subsequent 30 per cent must be acquired at market-related prices, news agencies quoted Ms Shabangu as saying at a briefing in Pretoria following a cabinet meeting. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Will Chevron’s Third Quarter Disappoint The Market?

EXTRACTS

The past few months have been rough for the oil super-majors, including industry titans Chevron , ExxonMobil , and Royal Dutch Shell. A combination of factors, including weak refining results and restrained production growth, lead many analysts to believe the current quarter will be just as rough as the second quarter.

Despite their reputations as best-in-breed oil stocks, should investors now view the industry negatively and avoid the sector as a result?

Royal Dutch Shell’s second quarter results were adversely affected by a massive charge related to its shale oil fields in North America. These losses more than likely stem from the fact that Royal Dutch Shell arrived late to the U.S. shale party which is evident in its recent decision to shed its Eagle Ford assets. Furthermore, Shell also scrapped its long-term production targets, and all told, its second-quarter net profit fell 57%. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.