May 14th, 2016
by John Donovan.

By Tara Cunningham, business reporter: 14 MAY 2016
Oil giant Royal Dutch Shell is eyeing a possible $40bn spin-off of non-core assets around the globe as it grapples with a $70bn debt pile following a takeover of BG Group earlier this year.
Chief financial officer Simon Henry told analysts last week that a float of Shell’s non-core assets is “very much on the agenda”.
The comments were made after the Anglo-Dutch multinational announced its intention to sell off assets totalling $30bn over the next three years in an attempt to protect its dividend, after the merger with BG left it with a stretched balance sheet. read more
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May 14th, 2016
by John Donovan.

AAP, World: Saturday, 14 May 2016
US environmental activists are preparing to march against offshore drilling as the clean-up of another Gulf of Mexico oil spill gets under way.
Five vessels are working on the spill off the coast of Louisiana after about 334-thousand litres of oil poured out of a Shell flow line.
Green groups say the disaster is another example of why offshore drilling should be banned, and will demand an end to the practice at a protest in Washington, DC, tomorrow.
SOURCE
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.
May 14th, 2016
by John Donovan.

Nicholas Ibekwe: Saturday 14 May 2016
After coming under intense questioning from its shareholders, the management of Italian oil giant, Eni has finally admitted to wrongdoing in the infamous Malabu Oil deal.
Eni, as well as Royal Dutch Shell, had previously insisted that it followed the law in the purchase of one of the most lucrative oil blocks in Nigeria, OPL-245, which belonged to Malabu Oil, a company owned by a convicted former minister, Dan Etete.
Mr. Etete was the petroleum minister under Sani Abacha. PREMIUM TIMES’ previous investigations had detailed how he fraudulently awarded the oil block to himself and friends, including Mohammed Abacha, Mr. Abacha’s son, in contravention of Nigerian laws. 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.