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Posts on ‘January 13th, 2015’

Shell, Total Lead Energy Shares Lower – $45 a barrel

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From an article by Alan Soughley published by BloombergBusinessweek 13 Jan 2015 under the headline: 

“European Stocks Decline; Shell, Total Lead Energy Shares Lower”

Extracts

Royal Dutch Shell Plc and Total SA led energy-related companies lower…

A gauge of energy stocks slid 1 percent today, for the worst performance of the 19 industry groups on the Stoxx 600. Oil extended losses to trade below $45 a barrel amid speculation that U.S. crude stockpiles will increase, exacerbating a global supply glut that’s driven prices to the lowest in more than 5 1/2 years.

FULL ARTICLE

Screen Shot 2015-01-13 at 09.23.28From an article by Clifford Krauss published by The New York Times (NY edition) 13 Jan 2015 under the headline:

“Oil Prices Fall to Lowest Since 2009”

Extracts

HOUSTON — Oil prices took another sharp turn downward on Monday to levels not seen since the depths of the 2009 recession. Several international banks predicted even lower prices later this year because of an oversupplied global crude market. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

What Shell’s Settlement of Environmental Pollution in Ogoni Means

Screen Shot 2015-01-12 at 23.44.14An article by guest contributor Ben Ikari

The recent settlement by $hell Petroleum Development Company of $83.5 million to the Ogoni community of Bodo, as out-of-court compensation in the United Kingdom, for two oil spills caused by company’s negligence in 2008, is a sign of hope. It is a welcome development in the Ogoni struggle for environmental and economic justice.

Although the money may be small compared to what the company and its likes pay in European countries and United States of America for lost sources of livelihood and development, it opens the stage for accountability, better remediation measures and possible positive community relations. This settlement has a clean-up package. That is, $hell will clean up its usual mess of pollution. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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