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Posts on ‘January 30th, 2017’

Nigeria: Ijaw Youths Warn Shell Over Planned Relocation of Headquarters to Lagos

By Julius Osahon: 30 Jan 2017

Yenagoa — The Ijaw Youth Council (IYC) has condemned and described as insensitive and provocative the plan by Anglo-Dutch multinational oil company, Shell to move its corporate headquarters from Port Harcourt, in the Niger Delta region to Lagos, south west Nigeria.

The body warned the oil giant to halt what they described as its evil and anti-Niger Delta plan or be ready to completely move out of its offshore oil platforms located in EIA and Bonga.

A statement by IYC spokesman, Barrister Eric Omare, said it was disheartening that while critical stakeholders are making frantic efforts to restore peace to the volatile region, the company was making plans to worsen the security situation. 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.

Shell, BP results preview: Look past top line figures to find positive story, analyst says

Written by Mark Lammey – 30/01/2017 7:48 am

Investors monitoring the fourth quarter results of Shell and BP must look beyond the top line figures to get a good reading of the firms’ vital signs.

Iain Armstrong, divisional director at Brewin Dolphin, said the fourth quarter was notoriously hard to predict as oil and gas deliveries tended to be down.

Mr Armstrong said the two majors’ headline figures could be disappointing, unless strong demand from China gives them a boost.

He also said Shell should be in a position to sell more of its North Sea assets, thanks to improved oil prices and the BG Group acquisition showing signs of fruition. 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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