Financial Times
Shell: banishing delta blues
Shell’s Mr Fixit hammers home a message of capital discipline
Extract from a highly informative article by Guy Chazan published on 1 April 2014 by The Financial Times
Late last year, for example, Shell decided not to proceed with a multibillion-dollar plant on the US Gulf Coast that would have converted gas into synthetic diesel. Unusually, it canned the project before it had even carried out the basic design work. Mr van Beurden says that is the shape of things to come.
Shell warns on US natural gas bounce
Financial Times
By Guy Chazan
Royal Dutch Shell expects US natural gas prices to double by 2015, rebounding strongly from the 10-year lows they have hit as a result of the shale gas boom as US domestic demand for the fuel grows.
In an interview, Shell chief executive …
Shell pulls out of Kurdistan oil talks
FINANCIAL TIMES
November 16, 2011 10:05 pm
By Sylvia Pfeifer and Javier Blas in Erbil, northern Iraq
Royal Dutch Shell has pulled out of oil-development talks with the Kurdistan regional government in an effort to protect lucrative investments in southern Iraq, including a potential $17bn natural gas deal.
FINANCIAL TIMES ARTICLES CITING THE WEBSITE: Royaldutchshellplc.com
FINANCIAL TIMES ARTICLES CITING THE WEBSITE: Royaldutchshellplc.com
ENERGYSOURCE BLOG December 3, 2009
Spot news
…French companies dismiss claims of political fix (FT) Shell critic says oil major targeting his website Royaldutchshellplc.com operator cites released emails (Reuters) Nigerians urge Yar’Adua to step down Warnings of power vacuum… Kate Mackenzie
ENERGY SOURCE BLOG February 12, 2010
Shell’s directory leak shouldn’t be taken lightly
…corporations (in western countries) to campaign for change in corporate practices. Meanwhile John Donovan at royaldutchshellplc.com is irked , because he says Shell asked him not to make the directory public for security and personal reasons… Kate Mackenzie
Shell accused over Syrian oil exports
FT.Com
By David Blair, Energy Correspondent
Published: May 29 2011 20:02
Royal Dutch Shell has been accused of working hand in glove with Syrias regime after the energy company chartered a tanker to export almost 600,000 barrels of the countrys oil. A spokesperson for Shell declined to confirm or deny the vessels arrival in Syria, saying only that the company does not comment on commercial information.Hundreds of people have been killed since popular protests against the regime began in March. The army has responded to the unrest by opening fire on unarmed demonstrators in the countrys largest cities.
By continuing its commercial relationship with Syria despite the bloodshed, critics say that Shell is complicit in Mr Assads repression. Shell continues to work hand in glove with the regime. The people of Syria rise up for freedom, but this company has placed itself firmly on the side of corrupt dictators, said Lorenzo Paluello, a researcher for Platform.
Shell tried to lean on Time Magazine
By John Donovan
Our applications compelling Shell to supply us with Shell internal documents in which we are mentioned, has generated some very revealing information, especially in regards to Shell bullying and manipulating the news media.
We have previously published articles revealing Shell’s intent to “kill” a half-page story about this website that The Sunday Times was on the brink of publishing.
The story was killed.
In 2007 Shell lawyers and media specialists in the USA and Europe were frantic about thwarting our contact with Fox News. As is evident from repetitive fragmented Shell internal correspondence, Shell was panicked about the prospect of Bill O’Reilly taking up our suggestion of Americans boycotting Shell, because of its continued links with the fanatical Iranian regime.
Shell’s intent to lean on the Financial Times
By John Donovan
This is the first story arising from the 2010 crop of Shell internal communications Shell was legally obliged to supply to us following a further application under the Data Protection Act.
It provides evidence of Shell’s intent to lean on a major newspaper publisher in connection with an article published on this website: royaldutchshellplc.com.
Previous Shell internal emails provided proof of Shell’s intent to pressurize The Sunday Times to “kill” a story about us and our website. The half-page article which revealed how our intervention in the Sakhalin2 project had cost Shell £11 billion was read to me over the telephone by the Sunday Times journalist, but the story was killed hours before publication It contained an interview with the so-called Kremlin Attack dog, Oleg Mitvol, who confirmed our pivotal role and made a most unflattering comment about Shell management.
US oil industry split as leaked memo reveals lobbying plan
The American Petroleum Institute, which represents the US oil industry, has written to member companies asking them to "move aggressively" to stage up to 22 public meetings, similar to the recent protests against President Barack Obama's healthcare plans.
Gamble on gigantic LNG project is set to come good
Royal Dutch Shell is building the 140,000b/d Pearl GTL complex at a cost of more than $18bn.
Will the hoped-for green jobs materialise?
Although BP and Shell have pulled out of the UK offshore market, others such as Masdar, the Abu Dhabi government's investment vehicle for sustainable energy, moved to fill the gap. Masdar acquired a 20 per cent stake in in the £2bn London Array offshore wind project after Shell walked away.
Sibir’s bail-out of investor stuns market
The development of the Salym field in western Siberia, a joint venture with Royal Dutch Shell, has been a huge success, taking Sibir's production to 76,700 barrels of oil per day last month, a very respectable amount for an independent. It has proved and tested reserves, under Russian definition, of 491m barrels of oil. An often-rumoured deal with Shell has so far come to nothing. But the reserves remain a valuable asset and the best hope for shareholders is that some way can be found to realise that value.
Shell, ExxonMobil and Chevron in the race to exploit frozen assets
Meanwhile, Denmark has attracted the likes of ExxonMobil and Chevron, the two biggest US energy groups, along with several smaller players, to explore off the western coast of Greenland, its semi-autonomous territory. And earlier this year Royal Dutch Shell, Europes biggest energy group, won the right to explore the remote part of Alaskas Arctic North Slope.
Shell death toll ‘higher than peers’
Last week Shell and service player Amec were each fined £150,000 ($230,000) after an Amec worker died during operations at Clipper. An inspector with the UK's Health & Safety Executive said in a report accident had been caused by the two companies failing to manage well-known and readily foreseeable hazards, and said that, had adequate risk assessments been carried out, the accident could have been avoided.
Workforce deaths at Shell higher than for other western oil groups
Shell said: "We are deeply saddened by these losses. Of these fatalities, 17 happened in our upstream business, mainly on the roads, or at high-risk locations like Nigeria, where two lives were lost due to assaults and a third died as a result of a fire caused by criminals stealing oil from a pipeline."
A deal for Nexen could spark a wave of mergers and acquisitions by companies such as Royal Dutch Shell
A deal for Nexen could spark a wave of mergers and acquisitions, analysts said, pointing out that several US companies, such as Anadarko, Marathon and the UK's BG were being eyed by companies such as Royal Dutch Shell, Eni and other larger rivals.
Renewed push by Royal Dutch Shell into India’s fuel market
The plunge in crude oil prices has prompted a renewed push by Shell and private-sector Indian groups into the country's retail fuel market.
Oil groups expect $40 barrel
When most of the oil companies budgeted their projects, they were using $70, $80, even $100 a barrel for their cash flow calculations, he said. For those projects that have started, certainly they will try to complete them, but for those projects that have not started yet they will delay or cancel.
Shell loses Alaskan battle as court supports whales
Royal Dutch Shell has lost yet another battle to drill the deepest offshore Alaskan well after a federal appeals court ruled government approval of the plan violated environmental laws, writes Sheila McNulty.
Oil groups expect $40 barrel
The worlds national oil companies expect oil prices to fall further and will cancel most planned investment projects even at current levels, according to the head of a Chinese state-owned group.
Punting oil
Oil majors rarely hedge, rightly believing investors prefer unhedged exposure. Still, any company that forward-sold oil two months ago would have locked in prices twice today's.
Jorma Ollila speaks out
Jorma Ollila, the head of the European Round Table of Industrialists and chairman of Nokia and Royal Dutch Shell, told the Financial Times that large, healthy companies were deeply concerned about whether their suppliers could get credit.
Opec wants oil at $70-$90 a barrel
By Carola Hoyos
Published: November 17 2008 02:00 | Last updated: November 17 2008 02:00
The Opec cartel wants oil prices of $70-$90 a barrel, Chakib Khelil, Algeria’s energy minister and the group’s president, said yesterday as he suggested the group would try to defend this level with further production cuts.
The group, which control’s 40 per cent of world supplies, will next meet this month in Egypt and in Algeria in December. It is already cutting production to adhere to its decision to cut output by 1.8m barrels a day from November 1.
Asians fail to join class action claims
According to Goal, almost $12bn in settlements, to which shareholders were entitled, was not reclaimed through class actions from 2000 to 2007. The list includes settlements against Enron, Worldcom, Parmalat and Royal Dutch Shell.
East to crack the west’s grip on refining
While refineries in Europe and the US in particular suffer from a collapse in fuel demand, and big integrated oil companies such as BP and Royal Dutch Shell sell one facility after another, Asia and the Middle East are emerging as the new centres of the industry.
Bad publicity can be trigger for change
Headline disasters, from Shell and its plans to dispose of the Brent Spar oil storage facility, to the outbreak of bird flu at a Bernard Matthews turkey farm in 2007, have forced companies to look at the social and environmental implications of their actions and to develop an approach to reduce their impact.
Oil quicksands
Suncor, the biggest oil sands producer, has pruned its budget by a third even as investors have slashed its value by almost two-thirds. Others, such as Royal Dutch/Shell, Nexen and EnCana are also re-evaluating the future. The frenzied rate of investment that had turned a small Canadian town such as Fort McMurray into a sub-Arctic El Dorado with rapid inflation and scarce housing is unlikely to continue without more certainty on crude prices.
Collapse in demand may halt refinery construction as margins fall
More than four out of five refinery construction projects face cancellation as the worldwide collapse in fuel demand wipes out all but those developments with strong government backing.
Crash in oil exploration puts world ‘on bad path’
Fatih Birol, chief economist at the IEA, said: "We hear almost every day about a project being postponed. This is a major problem."
Oil hits 20-month low at $56 a barrel
Crude oil sank to a fresh 20-month low even as the International Energy Agency warned of a potential global supply crisis due to delays in investment arising from price weakness and the credit squeeze.
What lower oil prices mean for the world
The last time demand dropped this much was in 1981, on the eve of the recession that was until now known as the worst recession since the Great Depression.
Total says oil price fall will not halt big energy projects
Royal Dutch Shell last week said it would defer a decision on expansion of an oil sands project, while investments have also been put on hold by Britain's BG and Norway's StatoilHydro.
Statoil chief says mergers likely as industry faces turbulence
The oil industry faces several years of turbulence that could trigger a new wave of consolidation, according to Helge Lund, chief executive of Norway's national oil company StatoilHydro.
SSE in £308m wind farm deal with RWE
Yesterday's deal was a fillip for the offshore market, which took a blow this year when Shell pulled out of the biggest planned offshore wind farm, the London Array, amid spiralling costs. Dong Energy and Eon, the other partners in the London Array, found a new partner in Abu Dhabi's Masdar initiative last month.
The dawn of a disturbing new reality
Royal Dutch Shell has dropped its proposed investment in plans to build the world's biggest offshore wind farm, the London Array, to concentrate on less risky US onshore wind power.
Investors sign up to a better world
The United Nations Principles of Responsible Investment were continuing to gather signatories, said James Gifford, UNPRI's executive director. "You might expect this agenda to have less salience at the moment," he said, "but just 20 minutes ago, the Shell pension fund signed up."
Royal Dutch Shell
Now, under Jeroen van der Veer, the stickler for asset efficiency installed in 2004, Royal Dutch Shell has become a metronomic earnings machine, beating consensus forecasts for nine straight quarters.
Shell to hold back on oil sands project
Royal Dutch Shell has delayed a planned investment in Canada's oil sands, in the latest sign of companies adjusting their plans to reflect the global economic downturn and the fall in the price of oil.
From boom to glut
If sustained, the lower price level will have further repercussions. Big producers such as Russia and Venezuela will struggle to exert political influence through energy policy. Resource nationalism, where oil-rich governments impose tougher terms on independent companies and notably in the case of Shell in Russia force them to cede control of assets, may soon be a spent force.
BAE chief quizzed in suspected bribery probe *(Shell has been described as playing a money-laundering role in BAE/Saudi oil-for-arms scandal)
The BAE deal is one of a number being probed by the SFO since it caused an international outcry in 2006 by scrapping a probe into the groups supply of tens of billions of pounds of arms to Saudi Arabia.
Size is critical issue at Marathon
But at the same time, while Devon Energy and Anadarko Petroleum, two similar businesses, have been long rumoured as potential takeover targets forExxonMobil and Royal Dutch Shell, those deals have not yet occurred.
Big groups draw back from grand gestures
The stalling of credit and the drop in share prices may at last provide companies such as BP, ExxonMobil and Royal Dutch Shell with a way to boost their shrinking production by snapping up assets of overleveraged explorers.
Crisis could hit Gazprom refinancing plans
...Gazproms net debt balance of Rbs1,103bn ($41.7bn) was still very high the result of borrowing a record amount last year to fuel an acquisition spree in Russia, including control of Royal Dutch Shells Sakahlin-2 project.
Oil groups fear Nigeria reforms could cost them billions in profit
...executives from Nigeria's biggest producers - which include ExxonMobil, Royal Dutch Shell, Total and Chevron - said the proposed new terms were so stringent that they risked deterring investment rather than encouraging it.
Shell outpaces BP as energy rebounds
Royal Dutch Shell led the way, outpacing BP after Goldman Sachs recommended switching into the former from the latter. While BP requires major investment or an acquisition to grow over the next decade, Shell's project pipeline should drive cashflow generation, Goldman said.
Gazprom threatens to quit TNK-BP gas deal
Gazprom, the state-controlled Russian gas group, is threatening to pull out of a deal to buy a stake in a vast east Siberian gas field from TNK-BP, BPs Russian joint venture, saying the stake is likely to be worthless.
Royal Dutch Shell came under fire for offering executives retention bonuses
Royal Dutch Shell came under fire for offering executives retention bonuses, sometimes known as "pay for respiration", and HBOS drew criticism for increasing a short-term incentive scheme while reducing the hurdle rates for a long-term incentive scheme.
European equities collapse as banks surrender: Royal Dutch Shell was 6.3 per cent weaker at £13.23
By Michael Hunter
Published: October 10 2008 08:23 | Last updated: October 10 2008 08:38
Extracts from article
European equities collapsed on Friday, left vulnerable after a dramatic late sell-off in New York extended the sustained losing streak on world stock markets.
Banking stocks once more faced heavy selling as confidence in the international financial system continued to drain away, taking leading indices to fresh five-year lows.
Londons FTSE 100 sank 429 points to 3,884.6, a loss of 10 per cent taking it to levels last seen in May 2003. The benchmark index gave up 53 points over the previous session in an afternoon surrender which wiped out an attempt at a recovery. Before the start of trade on Friday, the London index stood 666½ points lower on the week, a loss over four consecutive sessions of 13.4 per cent.
Regal denies reports of $1.2bn approach by Shell
Mr Greer added: Nobody in this company has received any letter from Shell of the type reported in the newspapers?.?.?.?The only letter I have received from Shell is my pension statement.
Sibir’s Tchigirinski Plans Projects With Shell, Rules Out Sale
Tchigirinski denied a Financial Times report today that said Shell poised to buy a holding in Sibir this year. ``We aren't selling a stake,'' the businessman said by phone.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
