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Posts on ‘October 28th, 2013’

Wikipedia editing scandal

Wikipedia cannot say that it was not warned long ago about the corrupt practices going on behind the scenes by some members of its volunteer army of supposedly unpaid editors; an unhealthy culture of manipulation, secrecy, bullying and censorship, driven mostly by the root of all evil: money.

By John Donovan

Like many other people, I am a great admirer of Wikipedia and use it frequently.

The Wikipedia organization is laudably conducted on a non-profit making basis, has no subscription charges and does not allow advertising on Wikipedia articles.

It does however have a serious flaw in respect of Wikipedia articles about businesses.

I have rung alarm bells for several years that such articles are wide open to manipulation by anonymous parties with commercially driven motives.

I forecast that an editing scandal would inflict damage to the reputation of Wikipedia. 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 mega(lomanic) FLNG project

Screen Shot 2013-10-28 at 11.13.52Have you noticed it has gone a bit quiet around Andy Brown? Heralded as the saviour of the Upstream! He is not making a big impact apparently. And you should keep an eye open for this mega(lomanic) project of the FLNG. A floating LNG unit, described to be so long that it is equal to a par 5 golfhole… It will be the biggest vessel in the world ever, 600,000 tonnes. I would never work on something like this. Too dangerous. Initially perhaps OK, but then a like minded Brinded will come along and see costcutting possibilities. Such as the TFA. And you don’t screw around with gas.

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From an Old EP Hand 

John

Have you noticed it has gone a bit quiet around Andy Brown? Heralded as the saviour of the Upstream! He is not making a big impact apparently. And quite a few jobs in the upstream are filled by downstream guys but they lack any feel for the business. Shell is still suffering from the generation of American managers that have transformed it to use their and the analysts language. My language would be that they ruined it. And it will take many years to fix the damage of all the short-termism and deterioration of technical skills. But I doubt if Shell will ever really recover. Destroying something good is a lot easier than building something good. If only the past generation of American managers would be half as good as the top technical people they had in abundance in the 70s-90s, Shell would have been still the best company in the world. 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.

Oil giants BP and Shell set for slump in profits

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Rival Royal Dutch Shell puts out its third-quarter numbers on Thursday, with analysts at Deutsche Bank warning that they are viewing the update with ‘continuing trepidation’ after a disappointing second quarter. 

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PUBLISHED: 21:37, 27 October 2013 | UPDATED: 08:03, 28 October 2013

BP will this week raise its estimate of how much the 2010 Gulf of Mexico spill will cost it as the oil giant and rival Shell report a slump in profits.

Lower refining margins are expected to eat into profits at both firms, while BP will see earnings hit by asset sales and Shell is set to feel the effect of fresh outages in its Nigerian operation.

City analysts expect BP, which will report its third-quarter results tomorrow to deliver ‘clean’ profits – stripping out the effect of oil price movements – of £2bn, down 37pc on last year. 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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