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Posts on ‘November 29th, 2015’

For Shell and BG, All Roads Lead to Lower Spending

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Screen Shot 2015-11-29 at 20.02.58By HELEN THOMAS: Nov. 29, 2015 2:00 p.m. ET

Royal Dutch Shell can’t forcibly renegotiate the deal it struck in April to buy oil and gas producer BG: The U.K. Takeover Panel wouldn’t allow it. And amid griping over the price, the oil major argues the $58 billion cash-and-shares transaction should help its cash flow regardless. That may be so. It doesn’t, however, lessen the need for Shell to do more in cutting costs and spending.

FULL ARTICLE

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

EU Directive: safety of offshore oil and gas operations

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DIRECTIVE 2013/30/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 12 June 2013 on safety of offshore oil and gas operations and amending Directive 2004/35/EC

The above EU Directive (available in many languages, including Dutch) may be of assistance to people around the world who are concerned about the operations of European oil companies. 

A link to the directive is provided at the foot of this article.

The EU directive requires European companies involved in the oil industry to comply with the contents of the directive itself, and their own internal policies and standards globally (SEMS). Oil companies do not publish their own internal policies and standards, which they consider to be confidential. However, most court cases are actually the result of Shell’s employees ignoring the SEMS standards, so this is most helpful if copies of the relevant standards can be obtained through discovery or other means. The SEMS standards are required to be in place for the companies to operate in Europe.  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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