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Posts on ‘April 4th, 2016’

Shell investigated over $1 billion corrupt oil deal

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Screen Shot 2016-03-30 at 13.04.33Shell investigated over $1 billion corrupt oil deal

Vanessa Amaral-Rogers: 4th April 2016

Italian prosecutors have raided Shell’s offices to investigate the suspicious acquisition of a huge offshore oil field in Nigeria, writes Vanessa Amaral-Rogers. The oil block, sold by the Government for $20 million to a shell company owned by the oil minister, was later acquired for $1.1 billion by Shell and Eni.

Royal Dutch Shell, the world’s second largest oil company, and Italy’s Eni have been put under formal investigation by the Milan Public Prosecutor’s office for ‘international corruption’ offences. 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

Crude oil prices start Monday on a down note

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By Daniel J. Graeber: April 4, 2016

NEW YORK, April 4 (UPI) — Crude oil prices drifted marginally lower in early Monday trading after Iran said it was preparing to put more of its petroleum products on the global market.

Crude oil prices suffered one of the worst days of the year Friday after Saudi officials said they’d agree to trim production provided other major market players followed suit. Russia has said it would back a freeze on production alongside members of the Organization of Petroleum Exporting Countries, though Iran said it would participate only after it gained a stronger market position.

Oil prices are lower in part because the market remains tilted toward the supply side. Adding to the pressure, the National Iranian Oil Co. said Monday it authorized sales of crude oil to Royal Dutch Shell now that the company has settled its debt obligations. 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 pulls out of Arctic-focused exploration oil licensing round in Norway

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Business | Mon Apr 4, 2016 3:01pm BST

Oil major Royal Dutch Shell (RDSa.L) has pulled its application from Norway’s Arctic-focused oil licensing round, the firm said on Monday, in a blow to the Nordic country’s ambitions to explore for oil and gas in its northern offshore areas.

“The decision is part of an optimisation of Shell’s global portfolio following the acquisition of BG and a persistently low oil price,” the company’s Norwegian unit said in a statement. “Norway remains one of our core areas.” 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

Enter Shell’s Bright Ideas Challenge – Win up to £5,000 in just 2.5 hours!

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Screen Shot 2016-04-04 at 18.18.08Written by Energy Reporter – 04/04/2016 6:00 am

What will cities look like in 2050? How will they be powered to be vibrant, healthy and clean places to live? That’s the question Shell is posing to secondary students, aged 11-14, through The Bright Ideas Challenge, their new cross-curricular schools competition.

Shell has supported science, technology, engineering and maths (STEM) education in the UK for over 60 years. As part of their on-going work, they’re inviting students across Great Britain to participate in a brand new schools competition that will tap into the curiosity and ingenuity of the scientists and engineers of the future. 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

Maersk Oil considers abandoning Tyra East and Tyra West fields in the Danish North Sea

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Screen Shot 2016-03-15 at 10.34.57Monday, Apr 04, 2016

Maersk Oil has today issued a notification to the Danish gas market. The notification announces that production from Tyra East and Tyra West in the Danish North Sea will cease on 1 October 2018, if an economically viable solution for continued operations is not identified during 2016. Under EU regulatory requirements, a decision to end production must be notified to the market in a timely manner.

The Tyra facilities are approaching the end of their operational life due to a combination of more than 30 years of production and subsidence of the underground chalk reservoir, reducing the gap between the facilities and the sea. 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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