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Posts on ‘December 20th, 2016’

BP buys, while Shell sells: a recap of recent deal making by the majors

Written by Mark Lammey – 20/12/2016 6:00 am

While Shell has been selling assets to make good on its $30billion divestment plan for 2016-18, BP has flashed the cash with a number of big investments.

Shell said yesterday that it had raised $1.65billion (£1.33billion) in asset sales, while rival oil major BP has revealed plans to invest heavily on African licences.

Shell will make $1.4billion from the sale of a 31.2% stake in refiner Showa Shell Sekiyu to Japan’s Idemitsu Kosan, the firm said yesterday. 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

Obama Said to Use 1953 Law to Permanently Block New Drilling Leases in Arctic, Atlantic

The Shell-contracted rigs Kulluk (left) and Noble Discoverer (right) set sail from Seattle in July 2012 for Royal Dutch Shell’s ultimately unsuccessful drilling campaign offshore Alaska in Summer 2012. Photo credit: Vigor Industrial

December 19, 2016 by Bloomberg

By Jennifer A. Dlouhy

(Bloomberg) — President Barack Obama is preparing to block the sale of new offshore drilling rights in much of the U.S. Arctic and parts of the Atlantic, a move that could indefinitely restrict oil production there, according to two people familiar with the decision. 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

FLARING AT SHELL REFINERY PROMPTS HEALTH ALERT FROM CONTRA COSTA COUNTY HEALTH OFFICIALS

19 Dec 2016

MARTINEZ, CA. —Contra Costa Health Services is advising people to avoid the area around the Shell Refinery in Martinez this afternoon due to “excessive flaring and black smoke.”

The Health Services website issued the alert at 2:20 p.m. for the refinery at 3485 Pacheco Blvd.

People with respiratory conditions are being advised to take precautions and avoid the area.

The flaring is the result of a power outage, according to Health Services officials.

SOURCE

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 donates $150,000 to CCBC

By Jared Stonesifer [email protected]: 19 Dec 2016

CENTER TWP. — Shell Chemicals Co. has donated $150,000 to the Community College of Beaver County to fund scholarships and help the college buy new equipment.

The money will go directly to CCBC’s process technology program, a curriculum created several years ago with Shell in mind. The associate degree program trains students for careers in manufacturing and industry, like the $6 billion ethane cracker plant Shell is planning to build in Potter Township. 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 to Divest its 37.5% Stake in German Refinery

By Zacks Equity Research   

Published on December 19, 2016

Integrated energy major Royal Dutch Shell plc (RDS.AFree Report) and leading refining firm VARO Energy recently reported that they are in advanced discussions regarding the divestment of Shell’s 37.5% interest in the PCK Refinery in Schwedt, Germany. The PCK Refinery has the capacity to refine 220,000 barrels of oil per day.

The value of the deal has not been disclosed as yet. However, Shell expects the deal to help it focus its downstream activity on areas where it can be most competitive. 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

Royal Dutch Shell close to selling North Sea and Gabon assets

by: Andrew Ward, Energy Editor

Royal Dutch Shell is closing in on asset sales in the North Sea and Gabon that will increase confidence that its $30bn asset disposal programme is gaining momentum.

The Anglo-Dutch energy group announced on Monday that it had completed the $1.4bn exit from its Japanese refining joint venture, Showa Shell, locking in an important part of the $5bn of divestments agreed so far.

However, the potential deals in the North Sea and Gabon pose a bigger test for Shell… 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

Japan’s Idemitsu buys 31.3 percent of Showa Shell from Royal Dutch Shell

Japanese refiner Idemitsu Kosan Co Ltd (5019.T) said on Monday it has completed its planned acquisition of 31.3 percent of rival Showa Shell Sekiyu KK (5002.T) from Royal Dutch Shell PLC (RDSa.L).

Earlier in the day, Japan’s anti-monopoly regulator approved Idemitsu’s plan to acquire the stake.

In a filing at the stock exchange, Idemitsu said it paid 1,350 yen a share, or a total of 159 billion yen (1.08 billion pounds).

The refiner had originally planned to buy 33.3 percent from Royal Dutch Shell. 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 Norco chemical plant malfunction triggers flaring

HOUSTON, Dec 18 2016 (Reuters) – A malfunction on Saturday triggered flaring at Royal Dutch Shell Plc’s Norco, Louisiana, chemical plant, said a Shell spokesman.

Shell’s Ray Fisher on Sunday declined to say which unit sustained the malfunction.

A source familiar with plant operations said the malfunction was in an olefins unit at the chemical plant.

The Shell chemical plant in Norco shares the safety flare system with the adjoining Motiva Enterprises refinery. Flaring from the chemical plant is sometimes thought to come from the refinery. 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 to sell Australian aviation fuels unit to Viva Energy

Shell to sell Australian aviation fuels unit to Viva Energy

by Angela Macdonald-Smith: 19 December 2016

Royal Dutch Shell has struck a $US250 million ($343 million) deal to sell its local aviation fuels division to Viva Energy in a further slimming down of its downstream operations in Australia.

The sale follows the oil giant’s $2.9 billion divestment of its other refining and fuels activities to Viva in 2014 and comes amid heightened speculation that Shell is getting set to offload its remaining stake in Woodside Petroleum.

The deal, expected to formally close by md-2017, will see the Shell brand still used for the aviation refuelling business under a licensing deal similar to the arrangement Viva has to use the logo for its petrol retailing business. Regulatory approvals still need to be secured. 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 develops new premium fuel for the engines of old cars

December 18, 2016 By: William Hall

Modern gasolines have become a recurring headache for classic car owners. Low octane and unleaded fuel have presented challenges for years, but federally-mandated 10 percent ethanol content has caused new problems with compatibility in vintage fuel-system components.

Recently, Shell Oil Company invited me down to STCH (Shell Technology Center Houston) in Texas to demonstrate what they’re doing to address the needs of the classic car owner with their Shell V-Power Nitro+ premium gasoline. 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 boss Simon Henry cashed in £1m days before he suddenly resigned

Shell boss Simon Henry 

IMAGES FROM DAILY MAIL ARTICLES PUBLISHED FRIDAY 16 DECEMBER 2016.

ALSO PUBLISHED BY THE DAILY MAIL ON THE SAME DATE

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

UK police spied on us, protesters tell inquiry

Shell to Sea, an environmental protest group, claims it was infiltrated by a British officer between 2004 and 2006: MARK STEDMAN/PHOTOCALL IRELAND

By:  Ellen Coyne – The Times

A Mayo protest group that claims it was spied on by a British police officer has asked to be included in a UK inquiry into undercover practices.

Shell to Sea, an environmental activist group that protested against the Corrib gas pipeline, believes it was infiltrated by Mark Kennedy when he was in the Republic. 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 to offload Dragon gas port

Danny Fortson: December 18 2016: The Sunday Times

Shell has begun quietly sounding out potential buyers for its share of a giant gas- import complex in west Wales.

The FTSE 100 company owns half of Dragon LNG, a terminal at Milford Haven that reheats super-chilled liquid natural gas after it is delivered by tankers. The site has the capacity to provide 10% of Britain’s gas needs.

Petronas, Malaysia’s state oil producer, owns the other half and is likely to have first right of refusal. Dragon is yet another asset that has been put up for sale by Shell, which has pledged to raise $30bn (£24bn) through a global disposal programme to offset the cost of its takeover of rival BG. 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 Donates $100,000 to Capital Area United Way’s Flood Relief Fund

12/15/2016

Capital Area United Way was recently the recipient of a $100,000 donation from Shell-Geismar to go towards their Flood Relief Fund.   Shell and Motiva announced back in August that they would be contributing $500,000 to local organizations to assist with response and rebuilding efforts in the community.  Both companies also announced that they would match employee contributions made through their internal giving program.

“Shell is pleased to make this contribution in support of United Way’s effective response to the recent flooding in our region,” said Rhoman Hardy, General Manager at Shell Chemical Geismar. “We know that the agency’s efforts made a significant difference for many in the Greater Baton Rouge area whose lives were turned upside down as a result of this unprecedented disaster.” 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 Canada asks regulator to leave huge pipe on sea floor off Nova Scotia

By Susan Bradley, CBC News Posted: Dec 16, 2016 3:20 PM

Shell Canada has officially applied to abandon two kilometres of pipe it accidentally dropped on the ocean floor off the coast of Nova Scotia.

The pipe, known in the industry as a riser, broke free from a surface ship March 5 during a winter storm.

“Because of the unacceptable risk associated with the health and safety exposure and potential impact to human health of offshore workers, Shell does not perceive recovery of the riser … as a viable response option,” Shell Canada’s exploration manager said Friday in a letter to Canada-Nova Scotia Offshore Petroleum Board. 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

Japan’s Idemitsu to buy 33 percent of Showa Shell by year-end: Nikkei

Japanese refiner Idemitsu Kosan Co (5019.T) will acquire one-third of Showa Shell (5002.T) by the end of the year, and the anti-monopoly watchdog is expected to approve their merger proposal as early as next week, the Nikkei business daily said on Saturday.

Idemitsu will go ahead with an agreement to acquire the 33.24 percent stake in Showa Shell for about 170 billion yen ($1.44 billion) from Royal Dutch Shell (RDSa.L) after getting the approval, the report said, without citing sources.

The planned merger has been a drawn-out process, with fierce opposition coming from Idemitsu’s founding family. The management of Idemitsu, Japan’s second-biggest refiner by sales, in October put a full takeover on hold indefinitely. 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

Trump stance could complicate Saudi/Shell deal

By RUSSELL GOLD: Dec. 16, 2016 2:45 p.m. ET

The election of Donald Trump threatens to complicate efforts by Saudi Arabia’s national oil company to purchase refineries and expand its petrochemical footprint in the U.S.

Speaking in Louisiana earlier this month, he said: “We use refineries from other countries. The whole thing is just crazy. It’s crazy.”

That stance could complicate a continuing deal: Saudi Aramco and Royal Dutch Shell PLC are in talks to end a joint venture called Motiva Enterprises. The Saudi company, which is state owned and state controlled, has said it expects after negotiations are concluded to own the 603,000-barrel-a-day refinery in Port Arthur, Texas. Shell is expected to get two smaller refineries in Louisiana. 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

Corruption of Police by Shell

Corruption of Police by Shell

Printed below is an extract from a current submission to The Pitchford Inquiry by the Shell to Sea organisation in Ireland. As can be seen, it very much involves Shell.

The Pitchford Inquiry is investigating undercover policing activities in England and Wales. Pressure is mounting to also cover the activities of undercover British police in Ireland.

EXTRACT FROM THE SUBMISSION

Corruption of Police by Shell

In March 2013 Shell to Sea  contacted a reporter in the London-based Observer newspaper regarding a series of allegations which had appeared consistently since September 2012 on a website co-founded by John Donovan and his late father Alfred, available at www.royaldutchshellplc.com. It took from March until publication on 11 August to research and legal-proof the article written by award-winning journalist Ed Vuillamy                            (http://www.theguardian.com/books/2013/may/18/ed-vulliamy-ryszard-kapuscinski-award) under the heading ‘Strange tale of Shell’s pipeline battle, the Gardaí and £30,000 of booze’. http://www.theguardian.com/world/2013/aug/10/shell-pipeline-protests-county-mayo  While the reportage of alcohol provision to the police came as no surprise, we find the claim made by Mr Neil Rooney of OSSL as quoted below to be, indeed, sinister: 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

Fitzgerald should seek answers on undercover British police in Ireland

By:  Shell to Sea

Open Letter to the Irish Minister of Justice, Francis Fitzgerald

Shell to Sea are calling for the Minister of Justice, Francis Fitzgerald to seek that the inquiry into the behaviour of undercover British police (entitled the Pitchford Inquiry) be extended to include the activities of undercover police in Ireland.

The Pitchford Inquiry is so far only investigating undercover policing activities in England and Wales, however the German Government, the Scottish Government and Northern Ireland’s Justice Minister, Claire Sugden have all called for the remit of the inquiry to be widen to include the activities of the undercover British police in their jurisdictions. 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

Suspicion over Simon Henry departure, a cover-up by Shell?

“Shell finance boss Simon Henry sold stock worth £1m just days before he suddenly left the firm. Shell would not say why the £3.2 million-a-year boss was leaving…” (From a Daily Mail article by Rachel Millard) 

Posted on our Shell Blog Friday 16 December 2016

SMELLS: Interesting comment published in the Daily Mail today Friday, by City Editor Alex Brummer under the heading: “Shell game”:

“EXTRAVAGANT praise by Shell chairman Charles Holliday for departing finance director Simon Henry only fuels suspicion the Anglo-Dutch oil major is not revealing all.” 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

Jessica Uhl, tainted by Enron, a huge risk IMHO


from an old EP hand:
 

Another american woman. I do not know her, she must be very clever. But Shell has not had a lot of luck with senior american women. Do I need to mention the Cook woman? Or the Boynton woman?

And as a total outsider, I must observe that this Uhl woman is a bit tainted. She worked for Enron in the top years of all the scandals and in a very senior position.

We now know that the people working in Enron in that period might be the cleverest in the business, but not the most ethical ones. And for a finance director only the highest ethical standards should apply. A huge risk IMHO. 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 finance boss tipped to take over the top job cashed in stock worth £1m days before he suddenly quit

By Rachel Millard For The Daily Mail: 21:58, 15 December 2016 

A finance boss at Royal Dutch Shell who was tipped to take over the top job has suddenly left – just days after he sold stock worth £1million.

Credited with leading the firm’s £41billion takeover of oil and gas group BG last year, Simon Henry was a key lieutenant of chief executive Ben van Beurden.

But the 55-year-old’s departure was announced yesterday to the shock of the markets. Relatively unknown internal finance executive Jessica Uhl has been appointed in his place.

It emerged Henry sold more than £1million of shares on December 1, within 24 hours of the historic Opec deal to cut production that then sent the price of oil soaring. 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’s CFO Pick Leaves Most Analysts Asking Simply ‘Who?’

by Rakteem Katakey: 15 December 2016, 16:47 GMT

Royal Dutch Shell Plc’s appointment of Jessica Uhl as finance chief on Thursday posed one simple question for many of the analysts who follow Europe’s largest oil company: “Who?”

The 48-year-old U.S. citizen, currently head of finance for Shell’s Integrated Gas unit — a key cash cow since this year’s acquisition of BG Group Plc — will take over from Simon Henry in March. Having been at the oil major for 12 years, exclusively in finance, she has “in-depth knowledge” to execute its cash-generation plans, according to Shell. 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

Debt Reduction, Cost Discipline Core Challenges for new Shell CFO

By SARAH KENT: Dec 15, 2016 8:33 am ET

Royal Dutch Shell PLC’s new finance chief has two big challenges: a mountain of debt and the pressure to keep down costs.

The British-Dutch oil giant on Thursday said its new chief financial officer will be Jessica Uhl, who is currently the top finance official for one of Shell’s most important units: Integrated Gas.

The BG merger bolstered Shell’s leading position in global natural-gas markets and led to the creation of the gas unit where Ms. Uhl worked. It also caused Shell’s net debt to balloon to $86.63 billion at the end of the third quarter… 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 finance chief to leave company in March

By Karolin Schaps | LONDON

Royal Dutch Shell (RDSa.L) Chief Financial Officer Simon Henry will step down in March after seven years in the post and be replaced by Jessica Uhl, a finance executive in Shell’s gas business.

Henry, a 55-year-old Shell veteran, was one of the executives who oversaw the $54 billion (43.27 billion pound) acquisition of BG Group, which completed in February, and the integration of the gas company which turned Shell into the world’s largest liquefied natural gas (LNG) trader. 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 picks American former Enron exec for CFO

Royal Dutch Shell executive Jessica Uhl has been elevated to chief financial officer for global operations.

Uhl, the current executive vice president of finance for integrated gas, begins her new post in March and will continue to work at The Hague.  She will replace CFO Simon Henry, who will assist with the transition through June.

Before joining Shell in 2004, Uhl was a director of project development and later a vice president of corporate development for Enron in Houston and Panama.

Uhl also will serve as an executive director of Shell and sit on the executive committee. Shell CEO Ben van Beurden praised Uhl’s promotion. 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 finance chief Simon Henry to leave after 30 years with the oil major

Caitlin Morrison deputy digital editor at City A.M: Thursday 15 December 2016 8:47am

Royal Dutch Shell announced today that finance chief Simon Henry will step down in March 2017, to be replaced by Jessica Uhl.

Henry – who was appointed to the Lloyds Bank board in 2014 – has been with Shell for over 30 years, and has been chief financial officer for seven.

“I have been privileged to spend the past 34 years working with great colleagues, in a great company,” said Henry.

“Together we have made a difference in an industry that really matters to so many people around the world. I wish Jessica every success in the role, and am confident that she and Shell will deliver a world class investment, in the most responsible and sustainable way.” 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 to replace CFO Simon Henry in March

Royal Dutch Shell (RDSa.L) will replace Simon Henry as chief financial officer on March 9, 2017 with Jessica Uhl, a financial executive in Shell’s gas business, the company said on Thursday.

Henry will remain available to the company until June 30, 2017, Shell said. It gave no reason for his departure.

“Jessica combines an external perspective with broad Shell experience and is a highly regarded executive,” Shell Chief Executive Ben van Beurden said.

Uhl joined Shell in 2004 and was previously employed at Enron and Citibank in the U.S. and Panama. 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

Royal Dutch Shell CFO Simon Henry steps down

By MarketWatch

Published: Dec 15, 2016 2:21 a.m. ET

LONDON–Royal Dutch Shell PLC’s RDSA Chief Financial Officer Simon Henry is stepping down next year and will be replaced by Jessica Uhl, who is currently executive vice president finance for the integrated gas business.

Mr. Henry will remain on the board until March 9 and remain available to assist with the transition until June, Shell said Thursday.

Write to Rory Gallivan at [email protected]; Twitter: @RoryGallivan

SOURCE

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Royal Dutch Shell – Income Investors Should Look Elsewhere

Casey Hoerth: Dec. 14, 2016 11:09 AM ET

Summary

Shell plans on between $25 billion and $30 billion in capex next year, with flexibility to the downside.

I do not expect Shell to achieve cash flow balance in 2016, even with asset sales.

I continue to recommend other energy companies over Royal Dutch Shell, until either oil prices recover more or until Shell does something else to achieve balance.

Over the course of 2016 I haven’t recommended much when it comes buying to upstream or integrated oil companies. The reason was that I felt many still weren’t doing enough to balance their money coming in versus money going out. The CEO of one of my favorite companies, in their latest analyst day, recently quipped that energy companies couldn’t afford to wait to be ‘bailed out’ by higher oil prices. 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

Nigeria opens inquiry into disputed oil field

by Mary MorleyWednesday, 14 Dec 2016, 15:08 GMT

Nigeria has opened an investigation into an offshore oil field owned by Royal Dutch Shell (LON:RDSA) and Italy’s Eni, Reuters has reported. The move comes after Dutch and Italian investigators launched their own inquiries into the oil block.

Shell’s share price has been steady in today’s session, having inched 0.26 percent higher to 2,138.50p as of 14:28 GMT. The stock is outperforming the broader London market, with the benchmark FTSE 100 index having slipped marginally into the red and currently standing 0.14 percent worse off at 6,958.93 points. The group’s shares have gained more than 40 percent over the past year, as compared with about an 11.5-percent rise in the Footsie. 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

SPONSORED Q&A with Ben van Beurden, CEO, Royal Dutch Shell

By ENERGY VISIONS12/14/16, 9:49 AM CET

A lot has changed in the year since a global agreement to limit carbon emissions was reached in Paris last December. Political earthquakes have taken place in the UK, US and Italy – and Germany and France could be next. But despite the political upheavals, many business leaders say the commitment to fight climate change remains unaltered.

So how can leaders in the public and private sector make sure the goals of the Paris Accord stay on track? Energy Visions spoke with Ben van Beurden, CEO of Royal Dutch Shell, to get his take on these thorny issues. 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 makes deepwater breakthrough in Malaysia

THE HAGUE, Netherlands, Dec. 14 (UPI) — Tapping the deep-water oil prospects off the coast of Malaysia is indicative of the confidence of growth from those basins, Royal Dutch Shell said.

Shell said it started oil production from the Malikai facility about 60 miles off the coast of Malaysia. It’s the company’s second such project in Malaysia and the first of its kind for Shell outside the U.S. waters of the Gulf of Mexico.

Andy Brown, a director for exploration and production for Shell, said in a statement the start of operations in deep Malaysian waters marks a milestone for the company. 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

Nigerian parliament opens inquiry into long-disputed Shell, Eni oil field

Nigeria’s lower house opened an investigation on Tuesday into an offshore oil field owned by Royal Dutch Shell and Eni, the latest inquiry into their acquisition of the OPL 245 license block which could hold up to 9.23 billion barrels of oil, according to industry figures.

Earlier this year the Dutch and Italian authorities launched their own investigations.

The acquisition in 2011 was a “breach of due process that resulted in monumental revenue loss to the country,” said Yakubu Dogara, speaker of Nigeria’s House of Representatives. 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

After Alaska flop, Shell’s search for oil moves closer to home

By Ron Bousso | LONDON

In the waters off Malaysia, Royal Dutch Shell (RDSa.L) is finding gas quickly and cheaply to replenish depleting fields where only a few years ago geologists had lost hope of discovering any new reserves.

The Anglo-Dutch group is combining the latest technology with the wisdom of industry veterans to unlock new oil and gas deposits where it already operates, usually within 20 km (12 miles) of existing platforms.

The result has been a string of finds which, while modest in size, can generate cash rapidly to suit an era of drastically reduced exploration budgets across the energy industry. 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 takes aim at British and German offshore wind deals

By Karolin Schaps | LONDON

Royal Dutch Shell (RDSa.L) wants to buy into the British and German offshore wind markets as it attempts to shift its business away from fossil fuels.

Immediate opportunities in the world’s biggest offshore wind markets will be through buying stakes in leases, rather than building new projects, Dorine Bosman, business operations manager for Shell’s wind business, told Reuters on Tuesday.

The world’s second-biggest oil major on Monday won a contract to build 700 megawatts (MW) in offshore wind capacity off the Dutch coast together with consortium partners Eneco, Van Oord and Mitsubishi/DGE. 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 scraps pensioner liaison reps after e-comms push

By Sophia ImesonDecember 13, 2016

Shell is removing its network of pensioner liaison representatives with a view to changing to a more cost-effective approach to supporting retired members of the Shell Contributory Pension Fund.

While some trustee boards communicate with pensioner members only very occasionally, others engage with retired employees on a regular basis through newsletters, online and via specially made committees or networks of representatives. 

The main objective of Shell’s Pensioner Liaison Scheme is to maintain a link between pensioners and the company, and the representatives help with various problems and questions that can face retired employees and their dependants. read more

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Start Your Career Now – By Developing One Smart Idea With The Power To Transform Society

NEWS PROVIDED BY Shell Oil Company oUTPUT: shell-oil-company Shell Oil Company

Dec 12, 2016, 11:54 ET

– Shell Ideas360 challenges students to create innovations that will tackle some of the planet’s biggest challenges: global access to energy, food and water

– Entrants could win a National Geographic exploration adventure

– Studies show employers want to recruit graduates with experience in big thinking

– Enter now – students have until 20 January to register their concept 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

WWF Respond To Submission Of Shell’s Brent Decommissioning Plans

By Blue & Green Tomorrow – December 12, 2016

Shell confirmed on Friday that it has now submitted decommissioning documentation of its three North Sea Brent field platforms to the UK Department for Business, Energy and Industrial Strategy.

The company also said it now expected the 60-day public consultation to “commence early in the New Year”.

Earlier this year, Shell announced it hopes to leave the giant legs of some of its platforms in the North Sea when it completes decommissioning work. Each leg is made of concrete and steel and weighs about 300,000 tonnes. 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

Oil stocks surge, BP and Shell both climb on back of OPEC pact

Written by Reporter – 12/12/2016 1:20 pm

Oil stocks topped the FTSE 100 on Monday after non-Opec producers agreed to curb production to help buoy floundering crude prices.

The UK’s blue chip index was down 0.1% at around 6946.53 points, but Royal Dutch Shell’s ’B’ shares rose 3% and BP jumped 2.4%.

Away from the top tier, Tullow Oil soared 9.6% and Premier Oil surged 9.9%.

Sterling was flat against the dollar at 1.256, but down 0.3% against the euro at 1.187.

Brent crude prices climbed more than 5% to around 57.03 US dollars per barrel (£45.33) in early trading, marking its highest level since July 2015. 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

Noble Corp. sinks as Shell idles two drillships

Dec. 12, 2016 11:56 AM ET|By: Carl Surran, SA News Editor

Royal Dutch Shell (RDS.A +1.3%) says it is idling two Noble Corp. (NE -3.7%) ultra-deepwater drillships, citing the current, challenging environment for offshore exploration and production projects.

Shell says it will idle the Noble Globetrotter II for up to two years, starting in January, during which it will pay a negotiated dayrate of $185K, and idle the Noble Bully II for up to a year at a negotiated dayrate of $200K.

The primary term for the Noble Bully II, Noble Globetrotter I and Noble Globetrotter II are unchanged, with contracts expected to conclude in April 2022, July 2022 and September 2023, respectively. 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-led consortium wins 700 MW Dutch offshore wind contract

A consortium led by Royal Dutch Shell beat 26 other bids for a contract to build 700 megawatts of offshore wind capacity, the Dutch government said as it announced plans for a further seven wind farms to be build in the next decade.

Contractors Eneco, Van Oord and Mitsubishi/DGE are Shell’s partners in the consortium to build in the Borssele III and IV wind areas, which promised the Netherlands’ lowest-ever strike price of 54.50 euro cents per megawatt hours.

Speaking to reporters in Rotterdam, economic affairs minister Henk Kamp said intense competition, low interest rates and high existing capacity had helped keep prices low – a state of affairs he expected continue. 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

Royal Dutch Shell invests in green power kite

by: Andrew Ward, Energy Editor

Royal Dutch Shell has teamed up with Eon and Schlumberger to invest in a new form of wind power that uses high-altitude kites to harness energy.

The Anglo-Dutch oil group and its partners will each take a stake in Kite Power Systems as the UK start-up races for leadership of a technology that has also attracted interest from Google.

SOURCE

RELATED HERALD SCOTLAND ARTICLE: Energy giants get behind kite power with £5m deal

THREE of the biggest names in the energy industry, led by Royal Dutch Shell, have backed a business that generates electricity from flying kites. 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 Brings Christmas Magic To Fort McMurray Family

Shell Brings Christmas Magic To Fort McMurray Family

Sarah Rieger: Posted: 12/12/2016 6:15 pm EST

Shell Canada helped evacuate over 8,000 people from Fort McMurray’s wildfires in May. When the company heard about one family that still wasn’t back home, they decided to bring them some holiday cheer.

Mitzi Brydges and Adam Larocque were celebrating their youngest son’s second birthday when the wildfires hit their city and they were forced to flee. The family lost their home, and has been renting one in Beaumont, Alta. until they can rebuild. 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 calls for students to enter a global contest

Posted by OilVoice Press13-Dec-2016

Shell Ideas360 challenges students to create innovations that will tackle some of the planet’s biggest challenges: global access to energy, food and water

  • Entrants could win a National Geographic exploration adventure
  • Studies show employers want to recruit graduates with experience in big thinking
  • Enter now – students have until 20 January to register their concep

Shell is calling for students to enter a global contest that gives them the opportunity to develop ideas to help tackle some of the world’s biggest challenges.

The Shell Ideas360 initiative aims to develop an innovation to address the issue of providing global access to three of the most basic human needs: food, water and energy. 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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