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Posts on ‘May 15th, 2014’

Centrica JV Buys Canadian Assets From Shell for C$50M

Screen Shot 2013-12-22 at 19.09.52Extract from a Wall Street Journal article by Ian Walker published 15 May 2014

LONDON–Natural gas firm Centrica PLC (CNA.LN) said Thursday that its joint venture with Qatar Petroleum International is buying a package of natural gas assets in the Foothills region of Alberta from Shell Canada Energy for 50 million Canadian Dollars ($45.85 million).

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.

Shell to Sea calls for whistleblowers to ‘expose malpractice and corruption’ at gas project

Screen Shot 2013-09-13 at 08.47.30

Screen Shot 2013-09-12 at 13.51.56Extracts from an article published 15 May 2014 by the journal.ie

THE SHELL TO Sea campaign has made fresh calls this morning for whistleblowers in to come forward to “expose malpractice and corruption” in the Shell gas project in Corrib, Co Mayo.

Shell to Sea’s Terence Conway said the group is asking whistleblowers from within the ranks of An Garda Síochána, Shell, Shell contractors and any State agency involved in facilitation the project to come forward.

One former Shell subcontractor alleged last year that it was tasked with providing local residents with items like tennis courts and television sets on behalf of Shell to keep them on side. The company also claimed it had delivered €35,000 worth of alcohol to Belmullet Garda Station in December 2007. The Garda Ombudsman is now investigating these allegations. 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 And Gas Giants Continue To Shrink In 2014

Screen Shot 2014-04-04 at 09.49.25Extract from an article by Zoltan Ban published 14 May 2014 by Seeking Alpha

Last year was not a good one for global oil and gas giants. Royal Dutch Shell reported a year-on-year decline of 10% in liquids production and an 8% decline in gas production (link). There are many reasons why these oil and gas giants are now shrinking. One of the main reasons being that they have many old depleted and declining fields in their portfolio, while there are also fewer and fewer opportunities to tap new fields. Shell abandoned its attempts to produce oil out of kerogen in the Powder River Basin. It also abandoned Arctic exploration in Alaska. It announced a massive $2 billion loss on its Eagle Ford operations as part of its recent divestment program. 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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