Shell Kulluk rig enjoying infamy
Extract from an article publish by Petroleum Economist 20 Feb 2014: North America’s Arctic drive idles
A 30-YEAR-OLD veteran of the global drilling industry, the Kulluk rig has probably perforated its last well. It now sits in a Singapore dockyard, enjoying infamy as the vessel that ran aground on Alaska’s Sitkalidak Island at the end of 2012, suffering terminal damage in the process. Patching it up would be too expensive, says Shell, its owner.
Shell Oil Co. will pay $4 million to settle False Claims Act allegations
Extract from an article published by LAW360.com on 27 Feb 2014 under the headline…
Law360, New York (February 27, 2014, 4:15 PM ET) — Shell Oil Co. will pay $4 million to settle False Claims Act allegations that it sought payments from a Massachusetts fund for hazardous waste cleanup at its gas stations while it also received reimbursements from its insurers, state authorities said Thursday. Shell and its joint venture, Motiva Enterprises LLC, sought false reimbursements from Massachusetts’ Underground Storage Tank Petroleum Product Cleanup Fund program for more than a hundred gas stations throughout the state, but did not reveal to authorities that it also received payments from insurers, according…
RELATED ARTICLE PUBLISHED BY THE BOSTON GLOBE
RELATED INVEZZ .COM ARTICLE: Massachusetts alleges Shell falsely claimed reimbursements
Posted in: Business Principles, Corporate Governance, Environment, Litigation, Motiva,Oil, Royal Dutch Shell Plc, Shell, United States.
Shell to publish Q1 figures on May 1, when the stock exchange is shut
Extract from article published by DutchNews.nl 27 Feb 2014
Oil giant Shell is publishing its first quarter 2014 figures on May 1, a day when the Amsterdam stock exchange is closed, broadcaster RTLZ says on Thursday. Shell is by far the biggest company listed in Amsterdam but traders will not be able to react to the figures…. The London and Wall Street exchanges are not closed on May 1. ‘Investors must be able to react to the figures,’ one trader told the broadcaster.
Oil giant Shell is publishing its first quarter 2014 figures on May 1, a day when the Amsterdam stock exchange is closed, broadcaster RTLZ says on Thursday. Shell is by far the biggest company listed in Amsterdam but traders will not be able to react to the figures – See more at: http://www.dutchnews.nl/news/archives/2014/02/shell_to_publish_q1_figures_on.php#sthash.inM5uSWj.IpFnYKF3.dpuf
The TRUTH will set you FREE.
No comments:
Post a Comment