Royal Dutch Shell Group .com Rotating Header Image

Posts from ‘August, 2018’

Shell sponsorship deal with Amsterdam’s Van Gogh Museum ends

MARTIN BAILEY: 

Two of the major Dutch museums have just ended their collaboration with Shell, at a time of mounting protests over sponsorship by fossil fuel companies. Amsterdam’s Van Gogh Museum and the Mauritshuis in The Hague both terminated arrangements with the country’s largest oil and gas firm this summer.

A Mauritshuis spokesman says that it had a six-year partnership contract with Shell, which was due to end in July and was not renewed. Surprisingly, however, the latest annual report of the Mauritshuis states that support from Shell Nederland and two other partners is “crucial for the long-term future of the museum”. Shell has also been supporting technical research on paintings by Jan Steen, but this work is almost complete and is due to be published by the end of the year. 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

Firm doesn’t expect tax bill over €362m Corrib revenues

Public protests in Ireland about Shell led Corrib Gas Project

Gordon Deegan: 

The Corrib Gas partners have reported a 25pc jump in revenues to €362m in the first half of this year in spite of external electricity supply issues hitting production at its gas terminal in the second quarter.

That is according to new quarterly figures provided by Canadian firm Vermilion.

It said production between April and the end of June decreased 7pc quarter-over-quarter and 11pc year-over-year for the first six months.

However, sales for the first six months were up by 25pc to €362m (Can$549m) on the same period last year. 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

Why World Worries About Russia’s Natural Gas Pipeline

Russia’s Gazprom PJSC owns the project, with Royal Dutch Shell Plc and four other investors including Germany’s Uniper SE and Wintershall AG providing half of the 9.5 billion-euro ($11 billion) in cost.

By Elena Mazneva and Anna Shiryaevskaya | Bloomberg
August 27 at 12:00 AM

A planned new natural-gas pipeline into Europe from Russia is shaking up geopolitics. Nord Stream 2, as it’s called, worries leaders in Eastern Europe, has stirred the ire of U.S. President Donald Trump and has put German Chancellor Angela Merkel on the hot seat.

1. What is Nord Stream 2?

It’s a planned new 1,230-kilometer (764-mile) undersea pipeline that will carry natural gas from fields in Russia to the EU network at Germany’s Baltic coast. It will double the capacity of an existing undersea route — the original Nord Stream — that opened in 2011. Russia’s Gazprom PJSC owns the project, with Royal Dutch Shell Plc and four other investors including Germany’s Uniper SE and Wintershall AG providing half of the 9.5 billion-euro ($11 billion) in cost. 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 denies coercing Nigerian Bayelsa community to endorse disputed oil spill report

..reacting to the allegation of intimidation, Mr Bamidele Odugbesan, Media Relations Manager of Shell, denied use of force to compel the company’s host communities to sign the JIV report.

27 August 2018

The Joint Task Force (JTF) in the Niger Delta and oil major, Shell on Monday denied allegations of coercing the leadership of Aghoro 1 community in Bayelsa to sign a disputed report on oil spillage.

A disagreement in the areas impacted by an oil leak on the Trans Ramos Pipeline within Shell’s oilfield at Aghoro communities in Bayelsa has stalled the release of a Joint Investigation Visit (JIV) report of the oil spill.

Community leaders, who participated in the JIV to determine the cause of the spill reportedly refused to sign the report. 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

Solar vs Coal: Can green energy replace fossil fuels?

By August 10, 2018 Green Energy

The world as we know it is not in great condition. Polar ice caps are melting and thus causing higher sea levels, temperatures are increasing, drought is on the rise, weather conditions have become very unstable and unpredictable, and there are many more changes taking place that we will get into as we go through this article.

Most people would argue that this is due to humanity’s major dependence on fossil fuels to produce energy; those being coal, oil, natural gas, and so on. But is there really a viable solution to this? Is there a clear winner in the solar vs coal debate? We think there is but it doesn’t come without its costs.  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 roll out hydrogen filling stations in the Netherlands

Shell aims to establish a network of hydrogen filling stations in the Netherlands and expects to roll out four stations by 2020—two in Amsterdam, one in The Hague, and one in Pesse.

Last update:
Author: PetrolPlaza Correspondent Daniel Infante Tuaño

The oil giant wants to play an active role in the Dutch energy transition and is also working on establishing a network of fast charging stations for electric vehicles, reports Gasworld.

To roll out the hydrogen stations, Shell is availing of a government scheme called the Demonstration Regulation for Climate Technologies and Innovations in Transport (DKTI Transport) of the Netherlands Enterprise Agency, which offers subsidies to low emission transport solutions.

In addition, Shell’s hydrogen stations are part of the extensive hydrogen project H2Benelux, a project co-financed by the ‘Connecting Europe Facility’ of the European Union. 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

Will Royal Dutch Shell Follow Its Peers And Raise Its Dividend?

Aristofanis Papadatos: 25 August 2018

Summary

  • Royal Dutch Shell has not cut its dividend since World War II and is currently offering a 5.6% dividend yield.
  • The oil major has frozen its dividend for 18 consecutive quarters.
  • The big question is whether it will raise its dividend amid excessive free cash flows and a brightening outlook of the oil sector.

Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B) is an oil giant that has benefited from the rally of the oil price in the last 12 months, just like its peers. However, the oil major has paid the same dividend for 18 consecutive quarters, as it froze its dividend at the onset of the downturn of the oil market that began in 2014. Therefore, the big question is whether the company will raise its dividend in the upcoming quarters.

Dividend record

Despite the downturn that began in 2014, Exxon Mobil (XOM), Chevron (CVX) and Total (TOT) have continued to raise their dividends, albeit at a low single-digit rate. BP (BP) followed the same path as Shell and froze its dividend for 15 consecutive quarters, but eventually raised it in the running quarter, thanks to the strength of the oil price and the brightening outlook of the oil market. Therefore, Shell is the only oil major that has kept its dividend flat for such a long period. 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 expand nationwide gas station network in China

By Zheng Xin | China Daily | Updated: 2018-08-23 09:12

Global energy giant Royal Dutch Shell Plc has announced plans to triple the number of gas stations it has in China to 3,500 by 2025, in response to the recent lifting of restrictions on foreign investment in the sector.

“Shell is already the leading international oil retailer in China, running 1,300 sites via strategic joint ventures and two wholly owned companies, and we aspire to triple the size of our network by 2025,” said John Abbott, downstream director, 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 Brazil evaluating potential purchase of Eletrobras assets

REUTERS STAFF: AUGUST 22, 2018

RIO DE JANEIRO (Reuters) – Royal Dutch Shell’s (RDSa.AS) Brazil chief said on Wednesday that the company is evaluating the assets of Centrais Eletricas Brasileiras SA’s (ELET6.SA) that are being put up for sale as part of the state-owned utility’s debt reduction and privatization plans. Andre Araujo also told reporters that the company was considering participating in an upcoming Brazilian government auction for projects in the wind energy sector. 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

UPDATE 3-Fire breaks out at Shell chemical plant in UK, nearby Essar refinery unaffected

By Amanda Cooper, Shadia Nasralla: AUGUST 22, 2018

* All staff evacuated – fire services

* Shell-owned chemical plant operated by Essar

* Scale of fire unclear – fire services

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

Nigerian oil pipeline shut because of spill

A Shell subsidiary said it would begin remediation efforts as soon as site assessments in the Niger Delta communities impacted by the spill are completed.

A subsidiary of Royal Dutch Shell closed an oil pipeline in the Niger Delta region while investigations into a Sunday crude oil release takes place. File Photo by Tife Owolabi/EPA

Aug. 20 (UPI) — An export pipeline in the Niger Delta remained closed after a subsidiary of Royal Dutch Shell said it was responding to a release of crude oil.

The subsidiary, Shell Petroleum Development Co. of Nigeria Ltd., said a multilateral investigation unit was reviewing what led to the Sunday releasefrom its Trans Ramos oil pipeline in the Niger Delta. Though no estimated spill volume was released, by the company, 95 percent of it was already recovered from two impacted communities in the region. 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 says it recovers 95% spilled oil in Bayelsa, Delta communities

Shell says it recovers 95% spilled oil in Bayelsa, Delta communities

Shell Petroleum Development Company of Nigeria Limited (SPDC) says it has recovered more than 95 per cent of spilled oil from the recent incidents in Bayelsa and Delta states.

SPDC Media Relations Manager, Bamidele Odugbesan, made this known in a statement he issued on Sunday in Port Harcourt.

Mr Odugbesan said that recoveries were made on sections of the Trans Ramos Pipeline (TRP) in Aghoro community, Bayelsa and Odimodi community, Delta.

He said that the pipeline, which remained shut-in since the incidents, supplied crude to the SPDC Joint Venture-owned Forcados Oil Terminal in western Niger Delta for export. 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

Russia presses ahead with Nord Stream 2

|By: , SA News Editor

  • “Together with German partners we are working on the new natural gas pipeline Nord Stream 2, which will complete the European gas transport system,” Vladimir Putin declared as he met with Chancellor Angela Merkel near Berlin on Saturday.
  • While the U.S. wasn’t present at the meeting, it could have a big say in the outcome amid concerns that it would increase Europe’s already-high dependence on Russian natural gas and give the Kremlin political leverage and substantial revenues.
  • The project is being developed by Gazprom (OTCPK:OGZPY), along with Royal Dutch Shell (RDS.A, RDS.B), Wintershall, Uniper (OTC:UNPPY), OMV (OTCPK:OMVZY) and Engie (EMGIY).
  • 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 oil traders trade one Caribbean paradise for another

    Shell oil traders trade one Caribbean paradise for another

    Julia Payne: AUGUST 17, 2018

    LONDON (Reuters) – Royal Dutch Shell’s (RDSa.L) oil traders in the Caribbean island of Barbados are getting ready for a tough gig – they’re being moved to the Bahamas next month.

    The relocation of the oil and gas company’s trading hub for Latin America will make travel to customers in the key region easier for its employees, a company spokeswoman said.

    Graphic: reut.rs/2BjNlUz

    “Shell Western Supply and Trading can confirm it is relocating from Barbados to the Bahamas, effective September 2018,” the spokeswoman said. 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 Major and Miner Ethics Scrutinized by Methodist Investors

    By Elizabeth Burden and Thomas Biesheuvel
    15 August 2018, 08:54 BST

    *Methodist fund developing system analyzing company ethics
    *Top mining and oil companies will be graded by end of 2018

    Divestment may be too blunt an instrument to encourage the world’s biggest oil and mining companies to behave ethically: the Methodist Church is prepared to back those committed to mending their ways.

    While the precise workings of its new “traffic light system” are still being debated, the Central Finance Board of the Methodist Church plans to determine by the end of the year whether BP Plc, Royal Dutch Shell Plc, Total SA and Equinor ASA have the ethical credentials to merit continued investor support. Those preferences will be denoted by red, amber and green categories, which will reflect a firm’s efforts and commitment to reducing greenhouse gas emissions, its asset mix, capital expenditure, climate strategy and governance. 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 on 50 years in the ABZ project

    In spite of everything hurled by the North Sea and global market conditions across half a century, and despite predictions to the contrary, Shell remains a big player on the UK Continental Shelf.

    Energy Voice interviewed Shell UK upstream vice president Steve Phimister aboard the Shearwater platform.

    Written by

    A characteristic throughout has been a quest to lead.

    Driving Shell forward is VP Upstream President Steve Phimister who, by coincidence, was born the same year as Shell’s UKCS odyssey began 50 years ago.

    The super-major has lived through boom times followed by harsh periods when commodity prices were in the basement and, from the late 1990s, speculation grew as to whether such companies had a future in the North 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

    Shell, Pemex extend Deer Park JV with 10-year deal

    By: , SA News Editor

  • Royal Dutch Shell (RDS.A, RDS.B) and Mexico’s Pemex extend their Deer Park refining joint venture in Texas with a 10-year agreement to 2033.
  • The deal reduces the joint venture supply of Maya to 70K bbl/day while shifting the crude to a fixed $59.35/bbl for 10 years beginning in 2023, which allows for more crude options at the 340K bbl/day refinery and some stability for a formula-priced feedstock rocked by wild swings in West Texas Sour prices, Argus reports.
  • Pipeline bottlenecks connecting Permian light sweet production to larger markets have helped to depress prices for the sour crude; a fixed Maya price of $59.35/bbl would mark a nearly 3% discount from prices so far this year.
  • 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 hails bounceback towards deepwater drilling

    Shell hails bounceback towards deepwater drilling

    Head of exploration says break-even prices are now $30 a barrel

    Anjli Raval, Senior Energy Correspondent AUGUST 12, 2018

    Royal Dutch Shell is doubling down on drilling for oil far beneath the oceans, as the energy group eyes a cash bonanza from traditional deepwater projects despite a growing focus on new US shale investments. Andy Brown, Shell’s head of exploration and production, said the industry was seeing a “bounceback” towards deepwater… FULL FT ARTICLE 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 Convent refinery heavy oil hydrocracker shut by fire – sources

    REUTERS STAFF: AUGUST 12, 2018 / 11:12 PM

    HOUSTON (Reuters) – The heavy oil hydrocracking unit (HCU) at Royal Dutch Shell Plc’s (RDSa.AS) 209,787 barrel per day (bpd) Convent, Louisiana, refinery was shut after a fire early on Sunday, sources familiar with plant operations said.

    The fire broke out on the 45,000 bpd HCU, call the H-Oil Unit, at about 1:30 a.m. (0630 GMT) on Sunday, the sources said.

    A Shell spokesman was not immediately available to comment.

    No injuries were reported due to the blaze, the sources said. 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 says deepwater drilling bouncing back, with breakeven now $30/bbl

    |By: , SA News Editor

  • While the energy industry likes the flexibility of U.S. shale, sentiment has “flipped” back in favor of deepwater drilling after a dramatic fall in investment during the oil market downturn, Royal Dutch Shell’s (RDS.A, RDS.B) head of exploration and production Andy Brown tells Financial Times.
  • The economics of some projects, which once required high crude oil prices to be profitable, has seen a “transformation,” Brown believes, with cash generation surpassing that of U.S. shale “because of fundamental cost reduction… Breakeven prices in deepwater – we are now talking $30/bbl.”
  • “It’s great to have both in the portfolio and we are growing our shales business… but in terms of sheer cash flow delivery, our deepwater has significantly more cash flow potential,” Brown says.
  • The cost of drilling a well in the Appomattox, a deepwater oil and gas development that is Shell’s largest floating platform in the U.S. Gulf of Mexico, had fallen two-thirds in the past four years, Brown also says.
  • Separately, the head of Shell’s global refining operations, Lori Ryerkerk, reportedly will step down at the end of August after five years in a job, to be succeeded by Robin Mooldijk, who currently serves as VP of its Manufacturing Americas segment.
  • 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

    EXCLUSIVE-Shell global refining boss Ryerkerk to step down – memo

    * Lori Ryerkerk to leave company at end of Aug

    * To be succeeded by Robin Mooldijk, head of Americas refining

    * Ryerkerk oversaw major refining overhaul

    LONDON, Aug 13 (Reuters) – The head of Royal Dutch Shell’s global refining operations Lori Ryerkerk will step down at the end of the month after five years in a job where she oversaw a vast overhaul of the business, according to an internal memo seen by Reuters.

    Ryerkerk will be succeeded by Robin Mooldijk, who currently serves as Vice President Manufacturing Americas, responsible for the Anglo-Dutch company’s refining and chemical plants in the United States, Canada and Argentina. 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

    Farewell Shell

    Austrian oil company given permission by watchdog to takeover Shell’s NZ business

    New Zealand’s competition watchdog has given approval for an Austrian oil and gas company to buy Royal Dutch Shell’s New Zealand assets.

    The acquisition will result in OMV taking ownership of Shell’s entire New Zealand portfolio, including its stake in the Maui and Pohokura gas field joint ventures with Todd Energy and the associated production, pipeline and tank assets.

    The sale, worth $794 million, marks the end of Shell’s association in New Zealand after more than 100 years. 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

    Insight into shocking Ogoniland events stemming from Nigerian crude oil discovery decades ago

    Bomu-Lewe Incessant Crises: What Authorities Should Know

    By: Nii Poi Vikem

    After the discovery of crude oil in Oloibiri, Bomu was the next place crude oil was discovered in commercial quantity in Nigeria and it was the entry port for a multinational oil giant like Shell Petroleum Development Company, SPDC into the belly of Ogoniland and Nigeria.

    This strategic economic significance has made Bomu the pride of Nigeria’s economic growth, though completely denied the appurtenances derivable from the major role it played and still plays in Nigeria’s economic indices. 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

    No luck for Shell in pioneer effort offshore Norway

    Daniel J. Graeber: AUG. 8, 2018

    Aug. 8 (UPI) — A division of Shell came up empty-handed when drilling into a frontier prospect in the Norwegian Sea, a national petroleum regulator announced Wednesday.

    The Norwegian Petroleum Directorate, the nation’s energy regulator, reported that the regional subsidiary of the Dutch supermajor drilled a dry hole in its first effort in a wildcat area near the Ormen Lange field in the Norwegian Sea.

    A wildcat well is one drilled into an area not previously known to contain hydrocarbons. The NPD said the drilling facility used in the effort will now move to another license area in the Norwegian Sea where a regional division of French supermajor Total will try its hand with a wildcat well. 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 Sees Gas as Answer in Nigeria After Decades of Oil Strife

    By Kelly Gilblom: 7 August 2018, 10:49 BST

    Company plans to use gas to attract foreign-owned factories

    Nigeria still lacks robust natural gas distribution network

    After decades of difficulties in Nigeria over crude theft, pollution and oil-related corruption, Royal Dutch Shell Plc still feels optimistic a fossil fuel can improve life in the country.

    The Anglo-Dutch oil major is seeking to develop Nigeria’s domestic energy market around natural gas. It’s plentiful, harder to steal, better for the environment and can underpin a robust industrial sector that could potentially employ thousands, according to Ed Ubong, the managing director of Shell Nigeria Gas. 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

    INSIGHT: Royal Dutch Shell plc “Shell-shocked” over Tax Structure Criticism

    By Miles Dean

    Before considering whether the claims have any merit it is necessary to turn back the clock to 2005 when the two operating limbs of the Shell group were brought under one central holding company. The U.K. limb being The Shell Transport and Trading Company plc (“STTC”), the Dutch arm being Royal Dutch Petroleum Company NV (“RDPC”). By way of corporate reorganization, these two companies were brought under the common ownership of a new U.K. incorporated but Dutch tax resident company, namely Royal Dutch Shell plc (“RDS”) on July 20, 2005. 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 A Shell-Acking After Earnings, Was It Justified?

    Aug. 5, 2018 8:37 AM ET

    Summary

    • Shell daily production dipped slightly in Q-2, causing a miss of EPS by 0.15 share.
    • Investors were not impressed and discarded the stock in droves.
    • In late May it reached an all time high stock price. It has since back-tracked about 10% and we are dipping our toes in at present levels.
    • Shell has been transforming it’s business model in recent years, and may now deserve a higher multiple.
    • Further, the 25 billion dollar stock buy back will tend to put upward pressure on the share prices.

    Introduction

    We were a little shocked at Shell’s, (RDS.A,RDS.B) decline on it’s Q-2 earnings release. Any serious review of operations could have foretold it. When you sell off $30 bn worth of assets that produce oil, you’re going to see a decline of this type. I mean seriously, we’re talking about 40K BOPD essentially on a company that produces over 3.5mm BOPD.

    Perhaps large investors were wondering if the company is allocating capital in sufficient amounts to maintain and grow production. When we look we see that the company has been investing at a consistent rate to maintain production longer term. 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 fined £60,000 after worker severely injured on Brent Delta

    Written by

    The incident in November 2014 took place on the Brent Delta installation when a gas cylinder unexpectedly discharged, causing projectiles to strike a worker.

    Aberdeen Sheriff Court heard today that technicians were required to replace a gas cylinder within a system used to extinguish fires on November 9, 2014.

    One technician rolled what he thought was an empty cylinder and took off a protective cap, however the cylinder was in fact fully charged which caused an uncontrolled release of gas and a loud bang –  resulting in the technician dropping the cylinder which caused the valve to shear, with projectiles severely injuring a second technician. 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

    Refinery failures led to gas emergency

    Seán McCárthaigh: August 2, 2018

    The release of odourless gas into the national network last September, meaning 10,000 homes had to go without gas for days, was due to poor operating procedures at the Corrib gas refinery in Co Mayo.

    A report by the Commission for Regulation of Utilities (CRU) concluded that the emergency on September 21, 2017, was due to a technical failure at the Shell E&P Ireland terminal at Bellanaboy. The CRU said it had followed up its findings with enforcement actions against both Shell and Gas Networks Ireland (GNI), which operates the national gas network. 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

    Investigation finds IT upgrade responsible for Corrib gas release

    Shell announced last year that it was disposing of its 45 per cent stake in the Corrib gas field to a unit of Canada Pension Plan Investment Board in an €830 million deal, resulting in about €1 billion of losses. The decision was announced just over 18 months after first gas finally flowed from the field 83km off the Mayo coast, after over a decade of opposition…

    Lorna Siggins 

    An investigation by the State’s energy regulator into the release of non-odourised gas from the Corrib gas refinery in north Mayo last year says it was caused by the upgrading of an information technology (IT) system.

    “Deficiencies” in Shell E&P Ireland’s (SEPIL) operating procedures led to the incident last September, but there were no safety consequences for staff at the Corrib gas refinery or members of the public “in the immediate vicinity”, the Commission for Regulation of Utilities (CRU) has found. 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 downgraded after below par results

    02 Aug 2018

    “Recent quarterly results have come in below our expectations,” Morgan Stanley analysts said in a note

    Morgan Stanley reckons portfolios could do with fewer Royal Dutch Shell PLC (LON:RDSB) shares, reducing its rating for the oiler to ‘equal weight’ from ‘overweight’.

    The downgrade follows Shell’s quarterly results, which were out last week.

    “Recent quarterly results have come in below our expectations,” Morgan Stanley analysts said in a note.

    “FCF and gearing are still set to improve but no longer in a differentiated manner. Dividend growth is now lagging peers, and the buyback has started but at a lower-than-expected pace. 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 Will Soon Decide On Bonga Field Expansion

    By Irina Slav – Aug 01, 2018, 9:30 AM CDT

    Shell is close to making the final investment decision on the expansion of its deepwater Bonga field in Nigeria, S&P Platts reports, citing a statement from Shell Nigeria Exploration and Production Co.

    The expansion, which will add some 1 billion barrels of crude to Nigeria’s oil reserves, has been slowed down by a legal dispute between Shell Nigeria and its partner, the Nigerian National Petroleum Corporation, regarding the production sharing contract for the Bonga field. 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
    %d bloggers like this: