October 31st, 2013:
Shell’s Limited Wiggle Room
It may be Halloween but Royal Dutch Shell didn’t have treats to offer investors Thursday… the Anglo-Dutch energy company’s third-quarter results—with earnings excluding the impact of inventories down 31%—showed a business under multiple strains… Its U.S. upstream business continues to lose money. And downstream, with refining margins under severe pressure, earnings dropped by half.
Why no profits warning from Shell?
Good Morning Shell shareholders. Or rather bad morning. Shell’s results are out and it’s deja vu. Earnings are down from $6.2bn to $4.2bn. The shares opened 4% down. At the time of writing this article they are down 5%. Shell once again appears to be in breach of DTR 2 (Disclosure and control of insider information).
By John Donovan
Good Morning Shell shareholders.
Or rather bad morning. Shell’s results are out and it’s deja vu. Earnings are down from $6.2bn to $4.2bn. The shares opened 4% down. At the time of writing this article they are down 5%.
Shell once again appears to be in breach of DTR 2 (Disclosure and control of insider information). There can be no doubt that this fall in profit has been insider information for several weeks now, if only with Simon Henry and Peter Voser, and 5% is a significant fall in share price. So the market disagrees with Shell’s apparent opinion that a Profit Warning under DTR 2 was not required.
Royal Dutch Shell profit hit by Nigeria unrest
Royal Dutch Shell’s net profit slid 35 percent in the third quarter on lower refining margins and disruption to production in Nigeria, the Anglo-Dutch energy giant said on Thursday. “We are facing headwinds from weak industry refining margins, and the security situation in Nigeria, which continue to erode the near term outlook,” Royal Dutch Shell chief executive Peter Voser said in the release.
London – Royal Dutch Shell’s net profit slid 35 percent in the third quarter on lower refining margins and disruption to production in Nigeria, the Anglo-Dutch energy giant said on Thursday.
Profit after tax fell by a third to $4.677 billion (3.42 billion euros) in the three months to September 30 compared with the equivalent period in 2012, the company said in an earnings statement.
“We are facing headwinds from weak industry refining margins, and the security situation in Nigeria, which continue to erode the near term outlook,” Royal Dutch Shell chief executive Peter Voser said in the release.
Did BP, Shell, Statoil, And Others Fix Oil Prices?
Did BP, Shell, Statoil, And Others Fix Oil Prices And Behave Anti-Competitively?
By Werner Kranenburg: Oct 30 2013, 13:46
In legal proceedings, which may prove critical for both physical oil traders and traders in oil-related financial instruments, who should take note for their own possible action, the focus of attention has of last week firmly shifted to a federal trial court in Manhattan for now. The European Commission stating that “[e]ven small distortions of assessed prices may have a huge impact on the prices of crude oil…” concerns all involved and, besides governmental authorities, market participants have their role to play as well in ensuring the integrity of benchmarks and fairness of competition such as through the courts.





















Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.














IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:


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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































