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Posts on ‘July 8th, 2015’

Brazil clears Shell’s $70 bln purchase of BG

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Brazil clears Shell’s $70 bln purchase of BG

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By Ron Bousso and Stephen Eisenhammer

(Reuters) – Brazil gave the green light to oil major Royal Dutch Shell to buy smaller rival BG, advancing the $70 billion merger — the largest of the past decade — closer to completion in early 2016.

Shell is set to become the largest foreign operator offshore Brazil after it buys BG, so the clearance from the country was a crucial step to complete the merger on time.

Brazil’s competition authority CADE said on Wednesday it had given preliminary approval to the transaction “without restrictions.” BG said that if no appeals were lodged or referrals made in the next 15 days, CADE’s clearance would become final. A spokesman for Shell confirmed the approval and the 15-day appeals period. 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.

Icebreaker key to Shell’s Arctic drilling program damaged, returns to port

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Screen Shot 2015-06-06 at 13.24.59Alex DeMarbanAlaska Dispatch News: July 7, 2015

In another hurdle for Royal Dutch Shell’s Arctic drilling program, an ice-handling vessel playing a key role in the operation has returned to Dutch Harbor after a gash was discovered in its hull.

The Fennica, a 380-foot Finnish vessel, was damaged Friday as it headed for the drilling grounds in the Chukchi Sea off the northwest Alaska coast, with a state-certified marine harbor pilot on board handling it. The vessel is one of 29 Shell plans to send to the area this summer.  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 Arctic Screw Part 2: Fennica Mishap, Negligence or Torpedoed by Greenpeace?

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Shell Arctic Screw Part 2: Fennica Mishap, Negligence, or Torpedoed by Greenpeace?

FROM A REGULAR CONTRIBUTOR

The significance of the damage to the Fennica is made clear in the article below. It is carrying the “Capping Stack” which is required in order for drilling to proceed. A capping stack is an auxiliary blow out preventer (BOP) system which can be installed if a blow out occurs and the drilling blow out preventer is disabled for any reason. A capping stack was used to finally shut in BP’s Macondo blow out. 

See http://www.peninsuladailynews.com/article/20150707/NEWS/307079968/updated-8212-icebreaker-with-drilling-equipment-returns-to-alaska 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.

IRISH SHELL CORRUPTION COVER-UP CONTINUES

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As can be seen from the Irish Times article printed below, an Irish Shell manager was cross-examined under oath yesterday in court, about the free Shell alcohol used to reward Irish cops for their services (brutalising protesters) 

By John Donovan

The Irish Police (the Garda) are currently investigating allegations of harassment by recipients of bribes made on behalf of Shell by its then “Mr Fixit” company, OSSL.

The directors of OSSL are the subjects of the investigation, which the Garda warns may result in criminal charges.

I note that the recipients of the bribes are not suing for defamation on the grounds that the bribery allegations are untrue, but instead are complaining bitterly about being constantly reminded by OSSL that they caved in to Shell corruption. They accepted valuable gifts to smooth the path of the troubled Corrib project.  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.
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