Royal Dutch Shell Plc  .com Rotating Header Image

April, 2015:

Fat cat bosses enjoy a £350,000 pay rise with Royal Dutch Shell chief the top earner on £19.5m

Screen Shot 2015-04-28 at 23.08.33Screen Shot 2015-04-28 at 23.03.12

EXTRACTS FROM MIRROR NEWSPAPER ARTICLE: 29 APRIL 2015

Fat cat bosses enjoy a £350,000 pay rise with Royal Dutch Shell chief the top earner on £19.5m

Fat-cat bosses at Britain’s biggest firms saw their pay and perks surge by an average of £350,000 last year.

Topping the list from the group is Royal Dutch Shell chief executive, Ben van Beurden, who got £19.5m, up from just over £7m in 2013.

Calculations based on figures in Shell’s report showed van Beurden’s package was 218 times more than the oil giant’s average employee owned. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell financial reports about Arctic drilling are too ‘rosy,’ environmentalists charge

Screen Shot 2015-04-29 at 22.16.42

Screen Shot 2015-04-15 at 13.15.58By Yereth Rosen Alaska Dispatch News: April 28, 2015

Shell financial reports about Arctic drilling are too ‘rosy,’ environmentalists charge

Shell has understated the financial risks of exploring for oil in the Arctic Ocean and federal regulators should investigate possible misrepresentations to investors, critics of the drilling plan said Tuesday.

Oceana, an environmental organization, and the Abrams Environmental Law Clinic at the University of Chicago Law School on Monday petitioned the Securities and Exchange Commission for an investigation into what the drilling critics call “material misstatements and omissions” in Shell’s financial filings. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell seeks injunction against Arctic drilling protesters

Screen Shot 2015-04-28 at 20.46.10

Screen Shot 2015-04-02 at 14.48.11Shell seeks injunction against Arctic drilling protesters

By DAN JOLING – Associated Press – Tuesday, April 28, 2015

ANCHORAGE, Alaska (AP) – A federal judge on Tuesday will consider a request by Royal Dutch Shell PLC for an injunction against illegal boarding of Arctic-bound drilling equipment by activists from Greenpeace Inc.

U.S. District Court Judge Sharon Gleason on April 11 granted Shell a restraining order to keep Greenpeace from entering a safety zone around a semi-submersible drill rig, the Polar Pioneer, and a heavy lift ship carrying it from Malaysia to Washington state.

Shell hopes to drill exploratory wells this summer in the Chukchi (chuk-CHEE’) Sea off Alaska’s northwest coast. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil Prices Decline Forces Royal Dutch Shell And Total To Postpone West Africa Offshore Projects

Screen Shot 2015-04-27 at 23.47.27

Screen Shot 2015-04-28 at 20.39.37

Bidness Etc looks at Royal Dutch Shell and Total SA’s West Africa projects and why the projects are facing delays

By: MICHEAL KAUFMANApr 28, 2015

The decline in global oil prices has led to a downturn in the energy industry, with oil companies being forced to take drastic steps to address the situation. One of the steps that they have had to carry out is announcing project delays. Hence, it comes as no surprise that Total SA (ADR) (NYSE:TOT) and Royal Dutch Shell plc (ADR) (NYSE:RDS.A) have put their West Africa offshore oil projects on hold for the time being, reports the Financial Times (FT).

However, one positive aspect of the delay in the two companies’ respective projects is that they will get time for contractors’ costs to come down. Large oil companies are eyeing the waters off the West-African coast as one of the key sources of crude oil production in the times to come, FT reports. The multi-billion dollar projects include Shell’s offshore Bonga South West project in Nigeria. Bonga South West is Nigeria’s first Deepwater Development that is over 1,000 meters deep. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Groups seek U.S. SEC probe of Shell Arctic drilling risk disclosures

Screen Shot 2015-03-02 at 19.49.45WASHINGTON, APRIL 28, 2015

(Reuters) – An environmental group and a law clinic petitioned the U.S. Securities and Exchange Commission to investigate whether Royal Dutch Shell has adequately disclosed to investors the risks of oil exploration in the harsh Arctic waters, the groups said on Tuesday.

The U.S. Interior Department is mulling whether Shell can drill test wells for crude and gas off Alaska this summer. The company abandoned exploratory drilling efforts in 2012, an accident-plagued season in a region with little infrastructure for emergency response. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Royal Dutch Shell Arctic Assessment Understated, Say Environmental Groups

Screen Shot 2015-04-27 at 23.47.27

Screen Shot 2015-04-28 at 19.33.47

Royal Dutch Shell Arctic Assessment Understated, Say Environmental Groups

Bidness Etc discusses why environmental groups want Shell to reassess the risks for drilling in the Arctic, and that the previous report undermined the drilling risks involved

By: MICHEAL KAUFMANApr 28, 2015

Major oil companies to safeguard themselves from the lower crude oil prices are cutting back on investments and spending. Royal Dutch Shell plc (ADR) (NYSE:RDS.A) is no different and is planning to undertake similar spending plans when it announces earnings on Thursday.

Cuts in capital spending are vital for Shell. Shell recently acquired BG Group plc (ADR) (OTCMKTS:BRGYY) for $70 billion. In addition, the company plans on spending $1 billion for drilling in the Alaskan Arctic. These investments mean that the company would need to make substantial cuts in order to sustain a favorable cash position. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Groups Want Review of Shell’s Arctic Regulatory Filings

Screen Shot 2015-04-02 at 14.53.31Article by Dan Joling of Associated Press published 28 April 2015 by ABC News

Groups Want Review of Shell’s Arctic Regulatory Filings

Two groups petitioned the U.S. Securities and Exchange Commission on Monday for an investigation of Royal Dutch Shell PLC and what the groups call misstatements in regulatory filings regarding the risk of a catastrophic oil spill from Arctic offshore drilling.

The petition was filed Monday by Oceana and the Abrams Environmental Law Clinic at the University of Chicago Law School.

Mike LeVine, an attorney for Oceana, argued that Shell has not disclosed to investors that its response measures to a major or catastrophic spill are unlikely to work. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Faces Pressure to Disclose Priorities

Article by JUSTIN SCHECK published April 28, 2015 by The Wall Street Journal

Screen Shot 2015-04-28 at 07.34.24

Investors this week will seek answers on cost-cutting, BG deal, Arctic drilling

LONDON—When Royal Dutch Shell PLC reports quarterly earnings on Thursday, investors will be hoping for some detail on how the company plans to cut spending to weather today’s low oil prices—and simultaneously spend huge sums.

Screen Shot 2015-04-28 at 07.29.41

Screen Shot 2015-04-28 at 07.31.43

SOURCE

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Will Royal Dutch Shell Be Able To Successfully Integrate BG Group plc In Its Fold?

Screen Shot 2015-04-27 at 23.47.27

Screen Shot 2015-04-27 at 23.48.27

Bidness Etc takes a look at challenge facing Shell as it incorporates BG Group in its fold

By: MICHEAL KAUFMANPublished: Apr 27, 2015 at 1:45 pm EST

Royal Dutch Shell plc (ADR) (NYSE: RDS.A) $70 billion acquisition of BG Group plc (ADR) (OTCMKTS: BRGYY) is a first of such magnitude for the Hague-based oil company. The energy company did not become part of the wave of merger activity that swept the energy industry, post-1998, after oil prices crashed.

Some of the big merger deals included the Total SA (NYSE:TOT) acquisition of Elf, Chevron Corporation (NYSE:CVX) merger with Texaco, BP plc (NYSE: BP) purchase of Amoco and Exxon’s acquisition of Mobil from Mobil Corporation (NYSE:XOM). Royal Dutch Shell’s competitors have had the experience of mega mergers, and they know from experience what the company goes through during and after the integration process. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

UK warns off BP suitors now Shell unavailable as ‘white knight’

LONDON, APRIL 27 | BY DMITRY ZHDANNIKOV AND WILLIAM JAMES

UK warns off BP suitors now Shell unavailable as ‘white knight’

(Reuters) – Britain’s warning to potential suitors of BP is a sign of the oil major’s vulnerability to a takeover bid and that a more politically palatable tie-up with Royal Dutch Shell no longer seems to be an option, banking and industry sources said.

Despite championing a laissez-faire policy towards takeover deals, Britain has always had a special interest in BP, dating back to the creation of the company via an unusual government investment master-minded by Winston Churchill. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Fracking lobby calls the tune on commission shale-gas panel

An article by PASCOE SABIDO, PUBLISHED BRUSSELS, TODAY, BY EUOBSERVER.COM

Screen Shot 2015-04-27 at 22.58.12

2015 is a big year for climate in Europe: the UN talks in Paris, this December; the implementation of the EU’s 2030 climate targets; mapping out the Energy Union.
Judging by the European Commission’s public statements, one would think the EU was firmly on its way to transforming our energy system towards efficient and renewable energy.

But in reality, its recently-established advisory group for the evaluation of shale gas development is opening the back door to this harmful and polluting technology across Europe, despite massive public opposition. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

UK government could step in to stop a BP takeover as rumours swirl off possible US interest in wake of Shell deal for BG Group

UK government could step in to stop a BP takeover as rumours swirl off possible US interest in wake of Shell deal for BG Group

By LAURA CHESTERS FOR THE DAILY MAIL: 27 APRIL 2015

The British government could step in to protect oil giant BP from any potential takeover amid rumours US groups ExxonMobil and Chevron could be interested in the firm.

BP became the target of takeover rumours following Royal Dutch Shell’s £47billion move to buy blue chip rival BG Group earlier this month.

The deal sparked speculation that a wave of other takeover deals would come for the sector following the tumbling oil price – which is down around 50 per cent since last summer – and the weak share prices of oil companies. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Lobbied EU To Favour Gas Over Renewables – The Guardian

Screen Shot 2015-04-27 at 12.33.30Article by Joshua Warner published Monday 27April 2015 by Alliance News

PRESS: Shell Lobbied EU To Favour Gas Over Renewables – The Guardian

LONDON (Alliance News) – Royal Dutch Shell PLC successfully lobbied to undermine European renewable energy targets, in favour of the expanded use of gas, ahead of a key agreement on emissions cuts reached in October last year, according to newly released documents obtained by The Guardian newspaper.

Citing documents it received under the Freedom of Information Act, the newspaper said Shell began lobbying the then European Commission president, Jose Manuel Barroso, since 2011 to scrap the European Union’s formula for linking carbon-cutting goals with binding renewable energy laws. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

BG Deal to Test Shell’s Integration Skills

Screen Shot 2015-04-08 at 08.12.04Article by JUSTIN SCHECK And SARAH KENT published April 26, 2015 by The Wall Street Journal

BG Deal to Test Shell’s Integration Skills

LONDON—With its $70 billion deal to buy BG Group PLC, Royal Dutch Shell PLC will attempt something altogether new for the 108-year-old energy giant: absorbing a huge company.

Screen Shot 2015-04-26 at 23.36.15

FULL ARTICLE

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

UK government would oppose any takeover of BP says FT

Screen Shot 2015-04-09 at 00.19.50UK government would oppose any takeover of BP -FT

(Reuters) – Britain’s outgoing government has told BP Plc that it wants the company to remain a British industrial champion and it would oppose any takeover of the oil producer, the Financial Times reported.

The message follows the $70 billion deal to acquire rival producer BG by oil major Royal Dutch Shell, which has sparked speculation of a larger wave of consolidation similar to the one at the end of 1990s during another oil price decline.

British officials have said the government would be “sceptical” about any takeover – even if it involves Royal Dutch Shell – because it wants the country to have two big global oil companies, the FT reported. (on.ft.com/1bu3XqD) read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Earnings slide at BP and Royal Dutch Shell as oil giants slash spending

By LAURA CHESTERS FOR THE DAILY MAIL: 27 April 2015

Crude oil prices hit a 2015 high this month but it is not enough to prevent disastrous first quarter results from BP and Royal Dutch Shell this week.

The price of oil is still well below last summer’s highs of $115 a barrel at around $65 and BP and Shell will be forced into further cuts and sell-offs, experts have warned.

The two British oil giants have already cut spending for this year by up to 15 per cent.

BP is expected to reveal a 60 per cent drop in first quarter operating profit to £1.4billion, according to Société Générale. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.