By Brian Swint – Jan 31, 2013 8:04 AM GMT Royal Dutch Shell Plc (RDSA), Europe’s biggest energy company, said investment will increase after fourth-quarter profit missed analyst estimates on weaker North American fuel prices. Excluding one-time items and inventory changes, profit was $5.6 billion. That was below the $6.2 billion average estimate of 11 [...]
Posts under ‘Archive’
Gulf of Alaska storms vs. Kulluk drilling rig
Unbelievably, a Shell Oil spokesman said, that forecasts indicated a favorable two-week weather window. This is at odds with the facts. Cliff Mass | Jan 06, 2013 The storms win. Shell Oil made a misguided and poorly informed decision to move a huge drilling platform (the Kulluk) from Dutch Harbor Alaska to Seattle starting Dec. [...]
Kulluk in an uncontrolled, unplanned, totally screwed-up situation
It could take until spring for crews to remove a grounded oil-drilling ship from rocks near a remote Alaska island, thanks to the fury of the North Pacific winter, a veteran marine salvager said. “Now it’s in an uncontrolled, unplanned, totally screwed-up situation”… Alaska winter will challenge Shell ship salvage DAN JOLING | January 5, [...]
The Neptune Strategy: Shell Propped up Apartheid in South Africa
By John Donovan In 1987, Shell Oil Co implemented a secret 265 page plan devised by a Washington based firm, Pagan International. The devious plan was designed to undermine support for critics of Shell’s policy of propping up the despised racist apartheid regime in South Africa, just as Shell and its Nazi leader, Sir Henri [...]
Shell delays shareholder meetings
From the BBC News Archive: Shell delays shareholder meetings Oil giant Shell is pushing back the dates of its shareholder meetings amid ongoing uncertainty about its estimates of oil reserves. Friday, 26 November, 2004, 10:36 GMT The world’s third largest oil company said its shareholder meetings due in April will now take place on 28 [...]
Shell still wrestling with its moment of shame
FROM OUR AUGUST 2004 SHELL NEWS ARCHIVE The Independent: Shell still wrestling with its moment of shame “Shell is bluntly accused of making false and misleading statements about its oil reserves over a five-year period, of doing so despite internal warnings that the statements were false” JEREMY WARNER United Kingdom; Aug 25, 2004 SHELL CAN [...]
Time running out for Shell drilling in Arctic, Salazar says
By Yereth Rosen ANCHORAGE | Mon Aug 13, 2012 6:47pm EDT (Reuters) – Time is running out for Royal Dutch Shell (RDSa.L) to drill exploration wells in Arctic waters off northern and northwestern Alaska, U.S. Interior Secretary Ken Salazar said Monday. Shell’s long-awaited plan to drill for oil in the Chukchi Sea has been held [...]
Shell executives paid no bonuses in 2003
Jeroen van der Veer told staff in Houston, Texas, this week that he would not tolerate “bullying” within the company, and admitted that its dealings with business partners had often been “arrogant”. FROM OUR ARCHIVES… Financial Times: Shell executives paid no bonuses in 2003 By Adrian Michaels Published: May 28 2004 Royal Dutch/Shell, the embattled [...]
Houston Chronicle: Motiva a case study in workplace regulation
FROM OUR ARCHIVES… Motiva eventually pleaded no contest to negligent homicide in 2003 and the CEO issued an apology. Motiva was ordered to pay a $10 million fine and plead guilty to criminal environmental charges. Posted 16 May 2005 Delaware flexes legal muscle in a 2001 death at a refinery owned by Houston oil outfit [...]
Shell Crimes in Nigeria: The case for the defence
“Philip Watts, the reserves fraudster who was later forced to resign as Shell Group Chairman with a $18.5 million pension pot, helped to organise and pay for a virtual private army. Shell engaged in militarised commerce in a conspiracy with the military regime in Nigeria.” By John Donovan Royal Dutch Shell crimes against humanity in [...]
Old stories and anti-Shell propaganda
By John Donovan A regular contributor to our “Shell Blog” recently criticized the mix of postings on this website. “LondonLad” said: I am afraid that there clearly is very little news (i.e. aspects of Shell’s work) for the Donovan’s to rant on about recently. A great deal is re-printed as though it’s new but is [...]
ROYAL DUTCH SHELL HISTORY OF TAX AVOIDANCE
By John Donovan The oil giant Royal Dutch Shell has a long history as a participant in what the Guardian has aptly described as “the murky world of corporate tax avoidance.” In February 2009, the Guardian newspaper published an article under the headline: “Offshore – and out of reach to the Revenue“ Extracts The Anglo-Dutch [...]
From our archives: Viewpoint: Sex, drugs and natural gas royalties
The inspector general found an e-mail from some dork at Shell Pipeline to a woman in the federal royalty office, asking her to join him at a tailgate party before a Houston Texans football game: Have you and the girls meet at my place at 6 a.m. for bubble baths… baltimoresun.com Viewpoint: Sex, drugs and [...]
From our archives: $2.2 million Shell settlement for knowingly underpaying royalties
Royal Dutch Shell evasion of royalties: “(Shell Defendants) have agreed to pay the United States $2.2 million plus interest to resolve claims that the companies violated the False Claims Act by knowingly underpaying royalties owed on natural gas…” Tuesday, 10 May 2011: Contact: Patrick Etchart, ONRR (303) 231-3162 WASHINGTON–(ENEWSPF)–May 10, 2011. Shell Oil Company, Shell [...]
From our archives: Plaintiffs win $66 million from Shell Oil
Royal Dutch Shell evasion of royalties: Plaintiffs win $66 million from Shell Oil after making the mistake of relying on Shells honesty and integrity: “Shell told us [in 1995] that if we didn’t want to accept a nuisance value settlement, they would drag the case out and my clients would be dead before they ever [...]
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