MarketWatch: Petrobras completes purchase of Shell Colombia assets
Apr 28, 2006
RIO DE JANEIRO (MarketWatch) — Brazil's state-run oil firm Petroleo Brasileiro SA (PBR), or Petrobras, Friday said it has completed the acquisition of Royal Dutch Shell PLC's (RDSB.LN) fuel and distribution businesses in Colombia.
Petrobras is buying 39 gasoline stations and convenience stores in and around Bogota, a storage base, a lubricants plant in Puente Aranda and a terminal in Santa Marta, the company said in a filing to Brazil's stock-market regulator. read more
Shell unveils plans for 'biggest refinery in US'Apr 28 11:03 AM US/Eastern
Anglo-Dutch oil group Royal Dutch Shell has announced plans to make its jointly owned Motiva refinery in Port Arthur, Texas, the biggest in the United States.
Shell founded the Motiva refiniery in 1998 with Saudi Refining and is considering increasing the output at the facility by 325,000 barrels per day.
“The project would make the Port Arthur Refinery the largest in the country,” Shell said in a statement on Friday.
Output would rise to 610,000 barrels per day, higher than the 557,000 barrels per day produced by the ExxonMobil facility in Baytown, Texas, the current biggest in the country. read more
Forbes/AFX News Limited: Shell jnv Motiva plans US refinery expansion
04.28.2006
LONDON (AFX) – Motiva Enterprises LLC, jointly owned by Royal Dutch Shell PLC and Saudi Refining Inc, said it plans to increase its oil refining capacity at Port Arthur in Texas by 325,000 barrels per day.
The additional capacity will be on-stream by 2010. Construction work will start in 2007 once the required regulatory approvals have been secured. The project, once finished, will make the Port Arthur facility the largest in the US, it said. read more
Unison.ie, Ireland: Corrib gas project 'has polluted Mayo drinking water'
08:06 Friday April 28th 2006
Opponents of the Corrib gas pipeline are claiming that drinking water from Carrowmore Lake in Co Mayo has been heavily contaminated as a result of the project.
The Shell to Sea campaign says the water has been polluted with aluminium as a result of the removal of peat from the site of the onshore gas terminal being built by Shell in Ballinaboy.
The group is due to offer samples of the water to officials from the Department of the Environment today in an effort to get an investigation into the concerns.read more
BP and Shell join oil majors facing Senate tax check By David Litterick in New York (Filed: 28/04/2006)
BP and Shell are about to be dragged into the latest row over high petrol prices after a US Senate committee demanded to see tax returns from the 15 largest oil companies as part of an inquiry into industry profits and soaring prices.
“I want to make sure the oil companies aren't taking a speedpass by the tax man,” said Senator Charles Grassley, chairman of the Senate finance committee, meaning that they were not dodging their taxes, as he asked the Internal Revenue Service to hand over records for the past five years.read more
The WALL STREET JOURNAL ONLINEApril 28, 2006 12:40 a.m.
Oil fell to nearly $71 a barrel Thursday on the New York Mercantile Exchange. But crude prices are still up 16% this year and analysts believe they will stay lofty, thanks to brisk global demand and seemingly endless supply worries. Here is today's well of news about oil and fuel prices.
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EXXON's PAYDAY:Exxon Mobil reported blockbuster earnings — quarterly profit rose 7% to $8.4 billion. Revenue for the quarter climbed 8.4% to $88.98 billion. But the world's biggest oil company missed Wall Street's more-demanding forecasts, and investors sent Exxon's stock price down 1.1% by the close. The latest bulging profit from Exxon comes at a time when both Wall Street and Washington are criticizing Big Oil for amassing hefty cash piles. For its part, Exxon trumpeted two statistics to indicate it is trying to get more oil and natural gas out of the ground. The company said its capital and exploration spending totaled $4.8 billion in the quarter, 41% more than in the year-earlier period. And it said its fossil-fuel production averaged 4.6 million barrels of oil equivalent a day, up an unusually strong 5% from a year earlier.read more
Investors harbour anxieties about standards of eastern bloc firms listing in London
Terry Macalister and Jill Treanor Friday April 28, 2006 The Guardian
Vladimir Putin's ambitions for state-owned energy companies such as Gazprom and Rosneft to become global giants is triggering a backlash in western countries, including high-level complaints about the way foreign investors are being treated in Russia.
Clara Furse, head of the London Stock Exchange, which could host a flotation in July by the Russian oil company Rosneft, has written in support of the institutional investor Hermitage Capital Management, whose boss has been barred from visiting Russia for the last four months.
F&C, a top City investor, cautioned yesterday that the Rosneft flotation raised serious questions of governance and legal risk, reflecting wider concerns in the investment community about governance standards of eastern bloc companies floating in Britain. read more
WASHINGTON, April 27 — Senate Republicans tried on Thursday to get the upper hand in the escalating political battle over high gasoline prices by proposing a $100 rebate for taxpayers and by suggesting that they might increase taxes on oil-industry profits.
WASHINGTON–Rising gas prices have sparked a new proposal in Congress that would pony up millions of taxpayer dollars to reward hydrogen energy breakthroughs.
Backed primarily by Republicans, the H-Prize Act of 2006 would create three categories of prizes to be awarded over the next decade, including a $100 million berth for “transformational changes in technologies for the distribution or production of hydrogen that meet or exceed far-reaching objective criteria.” It would be up to the U.S. Department of Energy to designate an independent, non-governmental organization to set the contest's rules and pick its judges.
Smaller awards of up to $1 million would be distributed every other year to inventions in four categories: hydrogen production, storage, distribution, and utilization. In alternate years, one prize of up to $4 million would go to those who achieve prototypes of hydrogen-powered vehicles or other products that meet certain predetermined benchmarks. read more
DALLAS (AP) — Exxon Mobil Corp. posted the fifth-highest quarterly profit for any public company in history on Thursday, and with oil prices above $70 a barrel it could go down as the company's weakest quarter for the year.
Exxon Mobil's first-quarter was lower than its record fourth-quarter, when the world's largest oil company reported the highest profits ever for any publicly traded company. And the earnings, which rose 7 percent to more than $8 billion, still fell short of analysts' estimates.read more
WWF stresses oil spill dangers of Sakhalin project
28 Apr 2006 00:02:06 GMTSource: Reuters
GENEVA, April 28 (Reuters) – The European Bank for Reconstruction and Development (EBRD) should not make loans to Shell's giant energy project off Russia's Pacific coast without more measures to protect the environment, WWF said on Friday. The conservation group said ice and poor weather around the proposed Sakhalin oil and gas operation would make it nearly impossible to clean up any spills for half of the year, placing marine life at risk in the case of an accident.
“This is the most difficult place on earth to have to respond to an oil spill,” Paul Steele, WWF International's chief operating officer said in a report.
“Wave heights in spring and winter are often five times higher than current recovery methods can cope with,” he said.
The EBRD's board is expected to vote in June on whether to approve a $300 million loan to support the Royal Dutch Shell Plc-led Sakhalin-2 project, which has drawn heavy criticism from green groups.
The massive oil and gas fields off the north coast of Sakhalin Island are located near the feeding grounds of the critically endangered Western Grey whale.
Shell and its partners Japan's Mitsui and Mitsubishi say they are working to safeguard the species.
Their Sakhalin Energy consortium spent about $7 million on whale research from 1997 to 2005 and agreed last year to reroute offshore pipelines.
WWF, formerly known as the World Wildlife Fund, urged the European development bank to be cautious in its involvement in the $20 billion project.
“The EBRD cannot agree to fund this project whilst remaining consistent with its environmental values and maintain its credibility,” Steele said. “If it goes ahead and funds Sakhalin, its environmental reputation will be heavily tarnished.”
NEW YORK (Reuters) – Exxon Mobil Corp., the world's largest publicly traded oil company, on Thursday reported quarterly profit surged, driven by rising oil prices.
Net income in the first quarter was $8.4 billion, or $1.37 a share, up from $7.86 billion, or $1.22 a share, a year earlier.
Revenue jumped to $88.98 billion from $82.05 billion.
Crude oil prices have risen steadily from about $20 a barrel in 2002 to over $75 last week, handing oil and gas companies a long-running profit bonanza.read more
NEW DELHI (AFX) – India's state-run Oil and Natural Gas Corp (ONGC) plans to pay oil giant Royal Dutch Shell about 170 mln usd for a 15 pct stake in a Brazilian oil field, the Press Trust of India (PTI) news agency reported.
'The upfront payment for acquiring a 15 pct stake in block BC-10 is about 170 mln usd,' ONGC chairman and managing director Subir Raha told reporters, PTI said.
Another senior ONGC executive, R.S. Butola, said the company would spend another 234 mln usd as its share of the cost involved in bringing the field to production by the end of 2009. read more
LONDON (Reuters) – Royal Dutch Shell Plc said on Wednesday it was increasing its stake in a Brazilian oil block and, as part of the transaction, India's state-controlled ONGC Videsh Ltd would also take a stake.
Shell has exercised its pre-emption option to buy an additional 30 percent interest in the Shell operated BC-10 block offshore Brazil and will sell half this stake to ONGC.
Technical and commercial studies are underway for the development of BC-10, which has the potential for production of around 100,000 barrels of oil per day, Shell said.read more
The Independent: The Big Question: Should we fear Kremlin control of Europe's energy supply?
By Michael Harrison, Business Editor
Published: 27 April 2006
What is Gazprom?
Gazprom is the world's biggest gas producer. It supplies 20 per cent of global demand and holds about 25 per cent of world gas reserves – some 18 trillion cubic metres of the stuff, worth $84bn (£47bn). That is more than North America, South America, Europe and Africa contain put together and is equivalent to about a third of Middle East gas reserves.read more
WASHINGTON (AP) — Responding to an election-year spike in gasoline prices, Senate Republicans on Wednesday drafted legislation providing $100 rebates for taxpayers as key lawmakers sought access to Big Oil's income tax returns.
The rebate legislation also calls for oil drilling in the Arctic National Wildlife Refuge, an intensely controversial proposal that will probably contribute to the defeat of the overall measure.read more
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
JOHN DONOVAN TV DOCUMENTARY INTERVIEW
SHELL EXECUTIVES AT THE CENTER OF A SCHEME TO STEAL $1.3 BILLION FROM NIGERIA’S PEOPLE
SHELL ADMITS DEALING WITH NIGERIAN MONEY LAUNDERER – BBC NEWS
SHELL, ENI AND NIGERIAN OFFICIALS IN OPL 245 CORRUPTION SCANDAL
INVESTIGATION OF OPL 245 NIGERIAN OIL CORRUPTION SCANDAL
DUTCH EARTHQUAKES CAUSED BY SHELL/EXXON
SHELL KILLS FOR OIL IN NIGERIA
SHELL LIED ABOUT CLEANING UP OIL IN NIGER DELTA
SHELL SPIES INFILTRATED NIGERIAN GOVERNMENT
LEGO DROPS SHELL OVER GREENPEACE OIL SPILL VIDEO
SHELL ARCTIC DRILLING ACCIDENTS
SHELL KNEW ABOUT CLIMATE CHANGE DECADES AGO
ROYAL DUTCH SHELL FOUNDER SIR HENRI DETERDING, NAZI FINANCIER
JOHN DONOVAN PROMOTIONAL GAMES FOR SHELL AND OTHER CLIENTS
Listen and read proof in audio and transcript form of Shell CEO Ben van Beurden’s cover-up tactics in the OPL 245 Nigerian corruption scandal. The instruction given by him in the covertly recorded call to CFO Simon Henry was at odds with Shell’s claimed core business principles. Cover-up and obstruction, instead of transparency and integrity, says Shell critic John Donovan
I used shell broadband. It was by far the worst broadband provider ever! The internet did not work most days. I had their super fast broadband and it dropped out constantly. Watching a movie was awful with the constant buffering. Customer support was super slow. Now their going to charge me for the useless router which I have sent back.
Date of experience: 21 November 2023
By far the worst broadband provider ever!
The worst ever
I used shell broadband. It was by far the worst broadband provider ever! The internet did not work most days. I had their super fast broadband and it dropped out constantly. Watching a movie was awful with the constant buffering. Customer support was super slow. Now their going to charge me for the useless router which I have sent back.
Date of experience: 21 November 2023
By far the worst broadband provider ever!
30 November 2023: Posted by John Donovan
The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.
Extremely slow broadband for 10 months, not fixed.I have had slow broadband well below the guaranteed speed for 10 months and Shell Energy have not been able to fix it.They have tried sending about 4 or 5 engineers but have not fixed the problem.Gurps, who I have been dealing with most recently, has been friendly and polite, alth… Read more
I ordered shell energy broadband on nov 2. I was promised connection the following week. They initiated the direct debit. I called the following week and was told router would arrive on 13 and service would go live on 17. No further email or communication until 20 when I was told service would start on 30th. Spent 10 minutes waiting on phone line and spoke to a polite assistant who was absolutely useless in solving my problem. Avoid this unprofessional and chaotic… Read more
Shell Energy Broadband Service is Appalling
OVER 500 EXTERNAL PUBLICATIONS CITING OUR SHELL WEBSITES
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission websiteetc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our non-profit websites and/or our activities.
John Donovan, the website owner
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