Jun 18th, 2015
by John Donovan.

Gazprom, Shell agree to expand Sakhalin-2 project
Thu Jun 18, 2015
(Reuters) – Russian gas producer Gazprom and Royal Dutch Shell have signed an agreement to expand the Sakhalin-2 LNG project, Gazprom said in a statement on Thursday.
The Sakhalin-2 project, Russia’s sole LNG plant, has a current annual capacity of around 10 million tonnes. The third line would add another 5 million tonnes of liquefied natural gas a year.
Officials from both companies signed the agreement at an economic forum in Russia’s second city of St Petersburg on Thursday, but gave no specific timing. read more
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Jun 18th, 2015
by John Donovan.



Making glib comments about the flaws of tracker funds – or even more so the foolishness of those who invest in them – is a mug’s game.
The evidence shows that over the long term, tracker funds beat most actively managed ones, not least because of the far higher costs of keeping a fund manager in Ferraris, versus plugging an old PC into the mains and dusting it now and then.
Okay, I exaggerate… but only a little.
However strange it may seem, warts-and-all tracker funds holding a seemingly sub-optimal mix of shares tend to beat the majority of carefully chosen portfolios – even though a fund manager is free to avoid the basket cases and double-down on the good companies that seem cheap. read more
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.
Jun 18th, 2015
by John Donovan.

Greenpeace protesters confront Shell Arctic drilling rig off B.C. coast
Royal Dutch Shell drilling rig left Seattle Monday en route to offshore oil drilling in Alaska

Protests against Royal Dutch Shell’s Arctic drilling program continued Wednesday, with Greenpeace activists confronting the drilling rig off the coast of B.C. on its trip north from Seattle, Wash.
First Nations activist Audrey Siegl, who lives in Vancouver, wore traditional Musqueam regalia while drumming in front of the 90-metre tall rig, according to photos and video provided by Greenpeace.
The Greenpeace video also showed swimmers in wetsuits, holding a protest sign that said “People vs. Oil,” appearing close to the massive rig as it kept plowing through water about 40 nautical miles west of Vancouver Island. read more
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.
Jun 18th, 2015
by John Donovan.

Shell-led Canadian LNG deal gets environmental approvals
Thursday Jun 18, 2015
By Julie Gordon
(Reuters) – Canada’s environment ministry said on Wednesday it approved a Royal Dutch Shell Plc-led liquefied natural gas export terminal on British Columbia’s coast, contingent on the project meeting 50 environmental, social and operational conditions.
In her decision, federal Environment Minister Leona Aglukkaq concluded that the effects of the proposed LNG Canada project “are justified in the circumstances.”
She said the project would create thousands of jobs and contribute billions of dollars to the economy. read more
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.