Shell signs $15.3 billion bridge loan

Shell signs $15.3 billion bridge loan

May 1st, 2015 

by John Donovan. 

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(Reuters) – Royal Dutch Shell (RDSa.L) has agreed a 10.07 billion pound ($15.28 billion) bridge loan from a group of relationship banks backing its 47 billion pound takeover of smaller rival BG Group (BG.L), the company announced on Friday.

The two-year loan replaces a 3.025 billion pound interim bridge loan that was provided in early April by Bank of America Merrill Lynch.

The bridge loan will be used, along with existing cash, to cover the 13.2 billion pound cash portion of the cash and share deal.

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Posted in: BG Group, Gas, Reuters, Royal Dutch Shell Plc, Shell.
Tagged: BG Group · Gas · Royal Dutch Shell Plc

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Shell Prepares Armada to Begin Arctic Exploration

Shell Prepares Armada to Begin Arctic Exploration

May 1st, 2015 

by John Donovan. 

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Royal Dutch Shell is pushing ahead with plans to explore for oil in the Arctic Ocean near Alaska this summer despite opposition from environmental groups.

The Anglo-Dutch oil major is preparing “an armada of 25 vessels” to begin a two-year program to explore two to three wells in the Chukchi Sea off the coast of Alaska, Chief Financial Officer Simon Henry said on Thursday.

“We are currently on track. Some of the permits are issued at the last moment,” he told reporters.

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Posted in: Alaska, Arctic, Chukchi Sea, Environment, Litigation, Oil, Oil Spill, Reuters,Royal Dutch Shell Plc, Simon Henry.
Tagged: Alaska · Arctic Ocean · Chukchi Sea · Royal Dutch Shell Plc

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Why you can’t be sure of SHELL: Updated

Why you can’t be sure of SHELL: Updated

May 1st, 2015 

by John Donovan. 

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Dear John,

Thank you very much for publishing my letter on your site.

Shell scam against its employees in the Philippines?

Please also see my blog on “shell tabangao refinery life” posted 27 April 2015:

FROM HIRING TO DEPARTURE

EXTRACT

This rigged ranking exercise was an expression of personal wrath of Shell against my person. This personal ire led Shell to embarrass me in front of my co-employees, friends and family when Shell rank me with poorest work performer through the action of Shell supervisors who made the rating.  Shell knew that being an employee like me with high regard for my honor, dignity and integrity would excessively be pained by linking to my person, a rating as poorest work performer.  They did not just say that I am a poor work performer, they even vainly announced it to my extreme distress and embarrassment. The company made the rating written and be known publicly as a reasonable proof to show cause why I should be terminated from employment. These acts Shell gave me so much pain and suffering  even  up to these times.  Shell did not just took me out employment but even deprived me good chances of being employed again due to the blight Shell cast upon my person.

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Posted in: Litigation, Oil, Royal Dutch Shell Plc, Shell, Shell Blog.
Tagged: Antonio L. Buensuceso Jr. · Litigation · Royal Dutch Shell Plc · Shell

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Energy earnings run dry in Americas

Energy earnings run dry in Americas

May 1st, 2015

by John Donovan. 

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FT: Energy earnings run dry in Americas

By Ed Crooks, Christopher Adams and David Crouch

ExxonMobil andConocoPhillips of the US on Thursday reported that they lost money on oil and gas production in their home country in the first quarter.

Meanwhile, Royal Dutch Shell disclosed a $1.1bn loss at its upstream exploration and production business in the Americas, and suggested that came mostly from its shale oil and gas operations.

FULL FT ARTICLE

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Posted in: Conoco Phillips, Exxon Mobil, Oil, Oil Company Profits, Oil Prices, Royal Dutch Shell Plc, Shale Gas, Shale Oil, Shell, Simon Henry, United States.
Tagged: ConocoPhillips · ExxonMobil · Oil · Royal Dutch Shell Plc · Shell

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PARTIDO NG MANGGAGAWA MAY 1, 2015 RALLY

The TRUTH will set you FREE.

Countries all over the world have been crushing or burning their ivory stockpiles

NRDC BioGems Defenders

1 hr · 

Countries all over the world have been crushing or burning their ivory stockpiles to symbolize their commitment to strengthening wildlife trafficking laws and punishments for those (like poachers) who break them. Here in the U.S., we're still waiting. Tell President Obama to take immediate action to shut down the U.S. ivory trade (the second largest in the world) by going to www.nrdc.org/ivory. THANK YOU to all of you who have already taken action -- every voice matters in this fight. -Claire

Congo sends its ivory up in flames, joining a global fight against wildlife trafficking

In the quest to save elephants, ivory stockpiles all around the world are going up in flames.

ONEARTH.ORG

The TRUTH will set you FREE.

NO TO "FAST TRACK", NO TO TRADE TREACHERY

Erik Husoe shared Alan Grayson's video to the group: TPP, TTIP & Globalization Watch.

The TRUTH will set you FREE.

CORRUPTION IS LEGAL IN AMERICA

This video shows why we need to help

Support the Anti-Corruption Act: get money out of politics

---

Represent.Us Campaign supporter

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You’re Nobody 'til Somebody Kills You: Baltimore, Race and the Problem of History

FRIDAY, 1 MAY 2015 You’re Nobody 'til Somebody Kills You: Baltimore, Race and the Problem of History Yohuru Williams: Freddie Gray may be the harbinger of a much-needed non-violent social revolution that once again privileges human life and democratic values over wanton police brutality dressed up as law and order. READ MORE This Year's May Day Rallies Continue Traditions Peter Dreier: This year, May Day arrives amid a growing protest movement against police abuses in cities around the country.   READ HERE Thugs R' Us Sikivu Hutchinson:Desperately grasping at the reins of power, Negro politicians have always been adept at regurgitating the ruling class’ language in order to deflect from their own record of neglect, disservice or outright dereliction.   READ MORE The Whole World Is Watching Hector Villagra: The ACLU of California is proud to announce the release of Mobile Justice CA, a new smartphone app that allows users to effectively record law enforcement officers. READ MORE Kent State: 45 Years Down Murray Polner: After several trials, a presidential commission, and books galore, no one was ever held responsible despite a final settlement of a meager $674,000 distributed among the thirteen families. READ MORE

The TRUTH will set you FREE.

They gave him $20,000 to build a car out of Legos. Here's what he came up with.

Kick off your boots and kick back. It's Friday. Let's chill ... and learn some stuff while we're chillin'. His father was an abuser. Now that Patrick Stewart knows PTSD was a factor, he has a message. They gave him $20,000 to build a car out of Legos. Here's what he came up with. John Oliver digs into the low-cost, child labor hypocrisy in the fashion industry.

The TRUTH will set you FREE.