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Posts on ‘May 1st, 2015’

Shell destroys analytics firm Arria NLG?

Screen Shot 2015-04-13 at 16.04.38From an article by Ben Martin published 30 April 2015 by The Telegraph

Oil major deals blow to Aim minnow

What was a good day for Royal Dutch Shell investors was a disaster for shareholders in an Aim-listed minnow that depended on the oil major for most of its revenues.

While B shares in Shell gained 25½p to £20.94½ on better than expected quarterly profits, Arria NLG cratered 22½p, or 72.6pc, to 8½p after the software business shocked investors with the announcement that the oil company, its biggest customer, had scrapped its contract.

Last May, Arria unveiled a three-year deal with Shell in which the FTSE 100 business had agreed to pay as much as $10m to use its artificial intelligence-driven technology, software that analyses vast amounts of data and within seconds produces written reports. On Thursday, Arria revealed that its services were now longer required by 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 defends BG takeover as oil trading helps it overcome slump in crude price

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Screen Shot 2015-04-13 at 19.54.26BY MARCUS LEROUX: FRIDAY 1 MAY 2015

Royal Dutch Shell’s main investors have questioned the oil company’s £45 billion takeover of BG Group, the company conceded yesterday.

As it announced first-quarter results that beat even the most optimistic of City forecasts, Shell said that it had visited most of its main shareholders to explain the deal’s rationale.

Simon Henry, chief financial officer, said that some institutional shareholders had expressed concerns over the scale of the deal and its valuation but added that there was unanimous support for its underlying logic.  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 signs $15.3 billion bridge loan

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(Reuters) – Royal Dutch Shell (RDSa.L) has agreed a 10.07 billion pound ($15.28 billion) bridge loan from a group of relationship banks backing its 47 billion pound takeover of smaller rival BG Group (BG.L), the company announced on Friday.

The two-year loan replaces a 3.025 billion pound interim bridge loan that was provided in early April by Bank of America Merrill Lynch.

The bridge loan will be used, along with existing cash, to cover the 13.2 billion pound cash portion of the cash and share deal. 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 Prepares Armada to Begin Arctic Exploration

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Royal Dutch Shell is pushing ahead with plans to explore for oil in the Arctic Ocean near Alaska this summer despite opposition from environmental groups.

The Anglo-Dutch oil major is preparing “an armada of 25 vessels” to begin a two-year program to explore two to three wells in the Chukchi Sea off the coast of Alaska, Chief Financial Officer Simon Henry said on Thursday.

“We are currently on track. Some of the permits are issued at the last moment,” he told reporters. 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.

Why you can’t be sure of SHELL: Udated

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Dear John,

Thank you very much for publishing my letter on your site.

Shell scam against its employees in the Philippines?

Please also see my blog on “shell tabangao refinery life” posted 27 April 2015:

FROM HIRING TO DEPARTURE

EXTRACT

This rigged ranking exercise was an expression of personal wrath of Shell against my person. This personal ire led Shell to embarrass me in front of my co-employees, friends and family when Shell rank me with poorest work performer through the action of Shell supervisors who made the rating.  Shell knew that being an employee like me with high regard for my honor, dignity and integrity would excessively be pained by linking to my person, a rating as poorest work performer.  They did not just say that I am a poor work performer, they even vainly announced it to my extreme distress and embarrassment. The company made the rating written and be known publicly as a reasonable proof to show cause why I should be terminated from employment. These acts Shell gave me so much pain and suffering  even  up to these times.  Shell did not just took me out employment but even deprived me good chances of being employed again due to the blight Shell cast upon my person. 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.

Energy earnings run dry in Americas

Screen Shot 2015-04-26 at 18.35.06FT: Energy earnings run dry in Americas

By Ed Crooks, Christopher Adams and David Crouch

ExxonMobil and ConocoPhillips of the US on Thursday reported that they lost money on oil and gas production in their home country in the first quarter.

Meanwhile, Royal Dutch Shell disclosed a $1.1bn loss at its upstream exploration and production business in the Americas, and suggested that came mostly from its shale oil and gas operations.

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FULL FT ARTICLE

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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