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Posts on ‘February 27th, 2014’

Royal Dutch Shell Shuts Nigeria Nembe Creek Oil Pipeline

Extract from a Wall Street Journal article by Obafemi Oredein published 27 Feb 2014

Screen Shot 2013-09-29 at 23.38.41BADAN, Nigeria–Royal Dutch Shell PLC’s (RDSA) Nigerian unit said Thursday that the Nembe Creek Trunk oil pipeline was shut down to stop leakage caused by oil theft. Shell said the pipeline was replaced in December 2010 at a cost of $1.1 billion but has been repeatedly targeted by crude thieves since it was commissioned.

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.

Report: ‘Perfect storm’ of oil risks in U.S. arctic waters

Extract from UPI article published 27 Feb 2014

Screen Shot 2013-01-11 at 20.09.51WASHINGTON, Feb. 27 (UPI) — With Shell uncertain about its future in U.S. arctic waters, a consortium of environmental advocacy groups said the region presents a “perfect storm of risks.” Shell Chief Executive Officer Ben van Beurden said in January a series of mishaps in its drilling campaign off the Alaskan coast meant his company lacked a “clear path forward” in the arctic.

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.

Oil Giants Chevron and Shell Sell Pipelines

Extract from an article by Matthew Monks published by Bloomberg News on 27 Feb 2014

Screen Shot 2013-12-22 at 19.09.52Chevron Corp. (CVX) and Royal Dutch Shell Plc (RDSA) are seizing on a surge in demand for pipelines and storage facilities to raise cash for oil and gas exploration. Shell wants to sell part of its Houston-to-Houma crude oil pipeline and use some of the proceeds to invest in drilling projects, people said last month. If it and Chevron are successful, other large oil companies may also enter the market. 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.

Nigeria: Warning over sale of Shell assets

Extract from article by Samuel Oyadongha published by VANGUARD and circulated online by AllAfrica.com on 26 Feb 2014

Screen Shot 2013-12-22 at 19.09.52The people of Nembe in Bayelsa East senatorial district, Bayelsa State, have warned prospective investors and buyers of oil wells and facilities owned by Shell Petroleum Development Company to investigate the non-payment of over $1bllion demanded from the company for damages inflicted on their communities by its over 50 years oil exploration activities. The chairman, Nembe Kingdom Oil and Gas Committee, Chief Nengi James, gave the warning in Yenagoa following alleged planned sale of oil fields and other assets owned by Shell in Nembe. 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 bunch of nonsense from David Bunch, Chairman of Shell Brands International

Screen Shot 2014-02-27 at 00.47.28The article is about the global VP of Marketing for Shell Retail and chairman of Shell Brands International, David Bunch (right), and his claim that Shell’s key principles are “trust, innovation and quality.” Trust? He must be joking. Shell defrauded its own shareholders in the reserves scandal and more recently issued a profits warning only when pressed into doing so by lawyers. With all due respect to Mr. Bunch, it is actual deeds over the years, not empty words, on which Shell will be judged.

By John Donovan

Houston Business Journal has published an article under the headline: Shell branding chief touts company’s “trust” and social media engagement

The article is about the global VP of Marketing for Shell Retail and chairman of Shell Brands International, David Bunch, and his claim that Shell’s key principles are “trust, innovation and quality.”

Trust? He must be joking. Shell defrauded its own shareholders in the reserves scandal and more recently issued a profits warning only when pressed into doing so by lawyers. Peter Voser knew what was coming and decided to jump ship before he was pushed overboard. Ordinary shareholders were kept in the dark as per normal. From my experience, that is routine practice and I have irrefutable evidence to prove Shell senior management deliberately hides information from its own shareholders. 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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