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Posts on ‘July 19th, 2015’

Royal Dutch Shell expects to save “billions” through BG Group deal

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Royal Dutch Shell has told investors that the massive £55bn takeover of BG Group will produce “billions” in savings.

Projected savings from cost reductions verifiable under takeover rules, such as merging headquarters, come to about £1bn, but the company has said that savings are actually likely to be a “multiple” of this, because of “value synergies” that are difficult to quantify, the Financial Times reports.

Read more: Four things you need to know about the takeover deal

The merger, which makes history as the 14th biggest takeover ever, is likely to be just the beginning of takeovers in the industry, as oil producers have been hit hard by falling oil prices. 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 Shell had the worst week ever

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By Tony Dokoupil19 July 2015

This should have been one of Shell’s best weeks ever. Instead, it shaped up like the corporate equivalent of “The Hangover Part III.” And a happy ending is nowhere in sight. 

This was supposed to be seven-day stretch of toothy smiles, hearty back-slaps and healthy runs on the company’s stock because Shell’s window for drilling in the Arctic Ocean officially opened on July 15. Under the terms of the plan, approved in May by the Obama administration, the company has until September 28 to work on the largest untapped oil reserve on Earth.  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.

Barrow, a town divided over Shell’s drilling

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Krista Langlois | High Country News: July 19, 2015

BARROW — As Royal Dutch Shell’s massive drill rig, the Polar Pioneer, chugs its way up the Alaska coast, the 4,700 residents of America’s northernmost town was focused on a different event: the annual Nalukataq festival, in which the entire community shares in the bounty of a successful whaling season, with 16 crews landing whales. Nalukataq is a time for celebration, but the national controversy that’s unfolded in recent months surrounding Shell’s plans to drill exploratory wells this summer in the Arctic Ocean loomed over the festival.  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.

Bayelsa community accuses Shell of abandoning oil spill

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The residents of OrumaYibama, Ogbia Local Government Area, Bayelsa, have alleged that Shell Petroleum Development Company (SPDC) is yet to clean up an oil spill that occurred in the area on June 2.

The Chairman of Oruma-Yibama Community Development Committee, Eliot Igbigikeme, stated this in an interview with the News Agency of Nigeria in Oruma-Yibana on Sunday.

He said that the spill flowed from Odau into the community through the natural water channels in the area. He said the community was concerned about the negative impact of continued exposure to crude oil. 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.

Activists Gather At Goleta Beach To Protest Arctic Drilling

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Alys Martinez, KEYT – KCOY – KKFX Reporter, [email protected]: 18 July 2015

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GOLETA, Calif. – Activists gathered at Goleta Beach Saturday to protest Shell’s plans to drill for oil in the Arctic Ocean.

We’re here because Shell is threatening to drill in the Arctic and we need to say “Shell no!” said Becca Classen of Food Water Watch.

The gathering is part of a nationwide movement to stop Shell’s oil and gas exploration leases in the Chukchi Sea off the coast of 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.

Kayactavists Prepare For Shell Icebreaker To Arrive In Portland

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Screen Shot 2015-05-17 at 09.07.55by Amelia Templeton OPB | July 18, 2015

Climate change activists in Portland are planning to take to the water in kayaks to engage in civil disobedience when an ice-breaking vessel working for the Royal Dutch Shell oil company arrives at a local dry dock for repairs.

The ship, the MSV Fennica, is part of the fleet Shell plans to use to explore for oil and gas this summer in Alaska’s Chukchi Sea.  It gashed its hull in shallow waters off the coast of Northwest Alaska on July 3, and will be repaired at the Vigor Industrial shipyard in Portland. 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.

Bozeman’s Arctic Ocean Day of Action protests drilling in Arctic

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Screen Shot 2015-05-19 at 18.39.24BY LEWIS KENDALL Chronicle Staff Writer

Paddling protesters took to local waters Saturday in an effort to protect the remote seas of the Arctic.

A handful of activists floated in kayaks on Hyalite Reservoir holding signs that read “Shell No” — a reference to oil and gas company Royal Dutch Shell, which, after receiving the federal green light in May, is expected to begin exploratory drilling in the Arctic this year.

“There are a lot of reasons to oppose drilling in the Arctic Ocean,” said Zack Strong, Arctic and Northern Rockies wildlife advocate for the National Resources Defense Council. “There’s a good chance of a spill, and if there is a spill there will be catastrophic impact on local systems. And it’s going to contribute to climate change. This is a no brainer place to not drill.” 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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