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Posts on ‘February 2nd, 2015’

SPECULATION: Announcement of a Shell BP merger later today?

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By John Donovan

On 29 Jan I published the comments from a former Shell employee who advised, based on Shell insider information, that Ben van Beurden and Marvin Odum would be ringing the bell at the New York Stock Exchange to day, celebrating the launch of SHLX (Shell Midstream Partners LP) on the NYSE.

That seemed unlikely since Shell Midstream Partners rang the closing bell at the NYSE on Friday 16 Jan 2015 for that same purpose.

The source speculated that there is something bigger going on – perhaps the announcement of a Royal Dutch Shell BP merger? 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

KIERON McFADYEN: Bad boy made good

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By John Donovan

A number of people have contacted me about an article by Andrew Kellock published by the Aberdeen Press & Journal a few days ago under the headline:

Oil boss buys luxury mansion for bargain £1.85million (£1.65m LESS than the asking price!)

The “oil boss” is Kieron McFadyen, Royal Dutch Shell Plc executive vice-president of health, safety and the environment.

The “bad boy made good” phrase comes from an article published about him in September 2006, when Mr McFadyen admitted that at the time he left school, he was a complete waster.

From the comments I have received in the last few days, it is fair to say that he has his fans and his detractors. (For comments about Mr McFadyen see foot of article) 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

Arctic Oil On Life Support

Screen Shot 2014-08-06 at 09.25.26From an OilPrice.com article by Nick Cunningham published 1 Feb 2015 under the headline:

“Arctic Oil On LifeSupport”

Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost entirely unexplored.

As drilling technology advances, conventional oil reserves become harder to find, and climate change contributes to melting sea ice, the Arctic has moved up on the list of priorities in oil company board rooms.

That had companies moving north – Royal Dutch Shell off the coast of Alaska, Statoil in the Norwegian Arctic, and ExxonMobil in conjunction with Russia’s Rosneft in the Russian far north. 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

Shell’s Draugen field at risk of being scrapped

Screen Shot 2015-01-12 at 08.45.23Bloomberg article by Dinesh Nair and Jillian Ward published 2 Feb 2015 under the headline:

“North Sea Oil Turns Buyer’s Market as Apache, BG Group Want Out”

(Bloomberg) — Want to buy an oil well in U.K.’s North Sea? There are plenty available as some of the industry’s largest names try to sell aging, costly wells that have become even less profitable with the plunge in crude prices.

BG Group Plc, Apache Corp. and Marathon Oil Corp. are among companies that have explored a sale of their North Sea assets, according to people familiar with the processes. In all, assets worth as much as 20 billion pounds ($30 billion) are currently for sale in the North Sea, said Dave Blackwood, senior adviser to investment bank Evercore Partners Inc. 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

Shell Pays $90M To Escape Calif. Contamination Suit

Shell Pays $90M To Escape Calif. Contamination Suit

By Brandon Lowrey

Law360, Los Angeles (January 30, 2015, 8:50 PM ET) — A California judge on Friday tentatively approved Shell Oil Co.’s $90 million good-faith settlement of personal injury claims brought by nearly 1,500 Los Angeles-area residents allegedly harmed by buried waste oil, leaving intact claims against the developer of their neighborhood, Barclay Hollander Corp., and its current owner, Dole Food Co.

The settlement lets Shell out of the lawsuit brought over the highly publicized contamination of the Carousel housing tract in Carson, about 13 miles south of downtown LA. Shell’s $90 million deal will offset any judgments… 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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