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Posts on ‘June 10th, 2014’

Shell GameChanger – Scam, or genuine Game Changer?

Naive students around the world are being targeted with all manner of hype and enticement, including $1,000 prizes in the USA, to submit their ideas to Shell, presumably in the belief that Shell can be trusted. Big mistake. 

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By John Donovan

I recently published an article about an inventor who has a concern that ideas he submitted in good faith to Shell GameChanger has been taken up and exploited without him receiving due credit and payment. He has supplied evidence that he did disclose ideas to Shell GameChanger over the last 15 years.

Shell GameChanger and Royal Dutch Shell Plc ignore all correspondence sent to them on the matter. Having enticed him into disclosing his ideas they are not prepared to explain whether they were adopted and used. Instead, total silence. 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.

Jorma Ollila, tainted departing chairman of Royal Dutch Shell Plc

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“During Ollila’s time at the helm, Shell has spent hundreds of billions on new projects and lavished generous pay deals on its executives, leading to several protest votes by big investors.”

By John Donovan

The Sunday Times reported on the front page of its business section on 8 June 2014 the news that Shell has started a search for a new chairman to replace the tainted Finn, Jorma Ollila. 

Extract

“During Ollila’s time at the helm, Shell has spent hundreds of billions on new projects and lavished generous pay deals on its executives, leading to several protest votes by big investors.”

Mr Ollila was recently fined by market regulators for failing to disclose his ownership and control of a company in Luxembourg worth 8.2 million euros. He has admitted breaking the law. He prefers to call it “neglecting the law.” 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.

Only a fraction of big gas export projects will be built, Shell exec says

Screen Shot 2014-02-10 at 16.29.29Extracts from a Seeking Alpha article published 9 June 2014

Only a fraction of the big natural gas export projects being developed around the world will become reality, as high costs and low profit margins in the gas sector sink those that once had promised huge returns on investment, Royal Dutch Shell (RDS.A, RDS.B) director of projects and technology Matthias Bichsel tells Reuters. He knows from experience: Estimated development costs for the Gorgon LNG project in Australia (Shell owns 25%) have soared from $37B initially to nearly $55B thanks to high labor expenses and complex technology, Shell quit the Wheatstone LNG project in the country, and it also has abandoned a proposed gas-to-liquids project in Louisiana. 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.

For Western Oil Companies, Expanding in Russia Is a Dance Around Sanctions

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Royal Dutch Shell Plc Chief Executive bows to President Putin during a meeting in Moscow April 2014: Maxim Shipenkov/European Pressphoto Agency

Extracts from a New York Times article by ANDREW E. KRAMER and STANLEY REED published in print 10 June 2014

Despite the push by Western governments to isolate Moscow for its aggression in Ukraine, energy giants are deepening their relationships with companies here by striking deals and plowing more money into the country. Royal Dutch Shell’s chief executive, Ben van Beurden, met with Mr. Putin in April and told him, “Now is the time to expand,” referring to a liquefied natural gas plant project. The companies are taking a calculated risk, given the threat of further sanctions. The risk for energy companies is that the next stage of sanctions, called the third phase, will be broader, cutting off dealings with major sectors of the economy like finance, metals and energy. The United States and its allies proposed such sanctions at a Group of 7 summit meeting in Brussels last week, to be carried out if the violence in Ukraine did not subside within a month. 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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