Jan 12th, 2015
by John Donovan.
By John Donovan
Printed below is an article published today by The Jerusalem Post about my campaign to persuade Mr Edward Heerema to change the name of the latest edition to his Allseas fleet, The Pieter Schelte.
It has just arrived in Rotterdam for some final equipment installation and will be bound for the North Sea in four months to begin work decommissioning Shell oil rigs. Shell apparently has no problem with the Nazi name, which is perhaps unsurprising given its own past close association with Adolf Hitler and the Nazi party. read more
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Jan 12th, 2015
by John Donovan.

Article by Ron Bousso published 12 Jan 2015 by Reuters under the headline:
“Oil prices extend falls; Goldman Sachs slashes forecasts”
LONDON (Reuters) – Oil prices renewed their declines on Monday, dropping below $49 a barrel as Goldman Sachs slashed its short-term forecasts and Gulf producers showed no signs of cutting production.
Both Brent and U.S. crude are around their lowest since April 2009 and have fallen for seven straight weeks on a growing supply glut.
The February Brent contract (LCOc1) was down $1.29 at $48.82 a barrel at 0417 ET. U.S. crude oil for February (CLc1) was down $1.12 at $47.24 per barrel.
FULL ARTICLE read more
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royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by
John Donovan. There is also a
Wikipedia feature.
Jan 12th, 2015
by John Donovan.
From a Bloomberg article by Joe Carroll and Tara Patel published 12 Jan 2015 by Business Report under the headline:
“Analysis: Falling oil prices to trigger flood of write-downs”
Extracts
TUMBLING crude prices will trigger a flood of oilfield write-downs starting this month after industry returns slumped to a 16-year low, calling into question half a decade of exploration.
With crude prices down more than 50 percent from their 2014 peak, fields as far-flung as Kazakhstan and Australia are no longer worth pumping, says a team of Citigroup analysts led by Alastair Syme. Firms on the hook for risky, high-cost projects that do not make sense in a $50-a-barrel (R587) market include international titans such as Royal Dutch Shell and small wildcatters like Sanchez Energy. read more
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shellplc.website and its sister non-profit websites
royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by
John Donovan. There is also a
Wikipedia feature.