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Posts on ‘July 16th, 2014’

Royal Dutch Shell and U.S. Sanctions on Russia

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Shell CEO Ben van Beurden bows to President Putin during a meeting held on 18 April 2014

Screen Shot 2014-04-26 at 10.44.49By John Donovan

Royal Dutch Shell directors must be feeling anxious again.

For some years Shell continued to trade with Iran despite U.S. sanctions and engaged in machinations in an attempt to disguise what was going on. 

Today, President Obama escalated sanctions against Russia, targeting in particular Russian energy giant Rosneft and Gazprombank, the financial arm of Gazprom.

Rosneft and Gazprom are controlled by the Putin regime and both have important business dealings with Shell. 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 says makes 3rd major discovery in Norphlet play in Gulf

Screen Shot 2014-02-10 at 16.29.29Reuters article published Tuesday 15 July 2014

(Reuters) – Royal Dutch Shell Plc said on Tuesday it had found roughly 100 million barrels of oil equivalent (boed) in the Gulf of Mexico’s Norphlet formation, its third discovery there.

The company, the gulf’s largest operator, found the oil near its Rydberg well, roughly 75 miles off the Louisiana coast.

The company drilled the well about 26,300 feet, including about 7,400 feet of water, and found oil reserves about 400 feet deep.

Shell is the project’s primary operator, and partners with Ecopetrol SA and CNOOC Ltd’s Nexen. 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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