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Posts on ‘May 30th, 2015’

Opec under siege as Isil threatens world’s oil lifeline

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Opec under siege as Isil threatens world’s oil lifeline

By Andrew Critchlow: 30 May 2015

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Screen Shot 2015-05-30 at 23.22.28Thick black smoke rising from the Baiji oil refinery could be seen as a dirty smudge on the horizon as far away as Baghdad after fighters from the Islamic State of Iraq and the Levant (Isil) set fire to the enormous processing plant just over 100 miles north of the capital last week.

The decision to torch the refinery, which once produced around a third of Iraq’s domestic fuel supplies, was made as the insurgents prepared to pull out of Baiji, which they captured last June in a victory that sent shock waves across world oil markets. 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-BG Group Deal Faces Hurdle From Chinese ‘Black Box’ Regulator

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By: MICHEAL KAUFMANPublished: May 29, 2015

Royal Dutch Shell Plc’s (ADR) (NYSE:RDS.A) deal to acquire the UK-based BG Group (OTCMKTS:BRGYY) that is already at a risk of facing numerous obstacles, including volatility in the crude oil prices and a risk of a competitor outbidding Shell’s bid.

Meanwhile, when the deal is already hovering around such sensitive issues, the Financial Times (FT) has reported the latest hurdle that might hinder the course of the deal. This one is considered to be the biggest of all hurdles, the entry of China’s Ministry of Commerce (MOFCOM), termed as ‘black box’ by one of the competition lawyer, to conduct a regulatory scrutiny of the deal. 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 Has Got Its Climate Policy Wrong: Economist Nick Stern

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By: MICHEAL KAUFMANPublished: May 29, 2015 

At the Guardian Business debate on divestment in Kings Place, London, prominent Economist Nick Stern said that Royal Dutch Shell plc (ADR) (NYSE:RDS.A) wants investors to bet against the world taking action on climate change. He said that the oil giant and other hydrocarbon companies were pulling in the wrong direction, on the progress that will be made in renewable technology in the coming two-three decades.

He was of the view that despite hydrocarbon companies like Shell saying that the policies that will keep global warming to 2C will not be adhered to, they had to tell those energy companies that their forecasts were wrong. He said that they had to try to get the people to make sure that those policies will be implemented. 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

Seattle says NO to Shell Oil

Extracts from an article by Megan Wallin published 29 May 2015 by TheBaltimore Post-Examiner under the headline:

Seattle says NO to Shell Oil

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The barge, given the name “The People’s Platform” is docked in protest of Shell’s oilrig.

Along the water, within view of famous seafood restaurants and expensive condos on Alki Beach in West Seattle, a large solar-powered barge waits with a message.

“Shell No,” one sign reads, with another parodying the drill’s name (Polar Pioneer) with its own dandy logo “Solar Pioneer.” Additionally, a short environmental film is projected on the screen at twilight.

The barge, given the name “The People’s Platform” is docked in protest of Shell’s oilrig. 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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