JOHN DONOVAN FEBRUARY 19, 2014 ARTICLES

Royal Dutch Shell Plc has sold its downstream Australian assets

Feb 19th, 2014 

by John Donovan. 

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Reuters Deals of the day – Mergers and acquisitions: Wed 19 Feb 2014

Feb 19 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Wednesday: Royal Dutch Shell Plc has sold its downstream Australian assets to Dutch-owned oil trader Vitol SA and the Abu Dhabi Investment Council for about A$2.4 billion ($2.2 billion), The Australian Financial Review reported.

FULL REUTERS REPORT ON M&A

Posted in: Australia, Oil, Reuters, Royal Dutch Shell Plc.
Tagged: Australia · Oil · Royal Dutch Shell Plc

House Of Reps Cancel $1.1bn Malabu Oil Deal

Feb 19th, 2014 

by John Donovan. 

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Daily Times of Nigeria article by Ugochukwu Onyeocha: 19 Feb 2014

The Nigerian House of Representatives on Tuesday in Abuja, ordered the immediate cancellation of the fraudulent sale of a lucrative oil bloc OPL 245 to oil firms, Shell and Agip, in a shady deal facilitated with the payment of $1.1 billion (about N165 billion) to a convicted former petroleum minister, Dan Etete.

FULL ARTICLE

Posted in: Africa, Bribery, Corruption, Litigation, Nigeria, Oil, Royal Dutch Shell Plc.
Tagged: Agip · Corruption · Nigeria · Oil · Royal Dutch Shell Plc

Woodside may ditch Shell stake

Feb 19th, 2014 

by John Donovan. 

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Melbourne Herald Sun Article by John Dagge: 19 Feb 2014

WOODSIDE Petroleum says it has not consulted major shareholder Shell about its foray into Israel — an international push which analysts say complicates the oil giant’s relations with key Arabic customers. Woodside’s move to take a slice of Israel’s Leviathan field — one of the largest offshore gas finds of the past decade — has raised speculation Shell will look to offload its 23 per cent stake in the company to avoid conflicts with major oil producers. Key oil producers and Shell clients, such as Saudi Arabia, have a trading and investment boycott on Israel.

FULL ARTICLE

RELATED: Is Shell STILL anti-Semitic?: 3 April 2013

Posted in: Australia, Oil, Royal Dutch Shell Plc, Saudi Aramco.
Tagged: Australia · Oil · Royal Dutch Shell Plc · Woodside Petroleum

Shell refinery sale puts 500 jobs at risk in Victoria

Feb 19th, 2014 

by John Donovan. 

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THE GUARDIAN: Article by Martin Farrer: Wed 19 Feb 2014 

Victoria faces another blow to its economy after Royal Dutch Shell reportedly sold Geelong refinery, putting 500 jobs at risk. The oil major sold the asset and its Australian petrol stations to Dutch-owned oil trader Vitol and the Abu Dhabi Investment Council for about $2.4bn, Fairfax Media reports. It is believed that Vitol, the world’s largest oil trader, has earmarked the 60-year-old refinery for closure…

FULL ARTICLE

Posted in: Australia, Oil, Royal Dutch Shell Plc, Shell Job Cuts.
Tagged: Australia · Geelong Refinery · Oil · Royal Dutch Shell Plc

Australia: Shell sells local assets for $2.4bn: report

Feb 19th, 2014 

by John Donovan. 

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THE AUSTRALIAN: FEBRUARY 19, 2014

ROYAL Dutch Shell has sold its downstream assets in Australia, including petrol stations and its Geelong refinery to Vitol for an estimated $2.4 billion, Fairfax Media reports. Last month, Shell sold stakes in a gas project in Western Australia for $1.14 billion as part of the oil company’s drive to improve its return on investment. It is understood Vitol, the world’s largest oil trader, plans to shut down Shell’s Geelong refinery…

FULL ARTICLE

Posted in: Australia, Oil, Royal Dutch Shell Plc, Shell Job Cuts.
Tagged: Australia · Oil · Royal Dutch Shell Plc

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JOHN DONOVAN FEBRUARY 18, 2014 ARTICLES

Big oil players BP, Shell, Chevron, Exxon & others accused of profiting from polluting

Feb 18th, 2014 

by John Donovan. 

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The Legal Examiner: Article by Tom Young: February 18, 2014

In a story first reported by Reuters’ Mica Rosenberg, nearly all of the major oil producing companies have been accused of defrauding numerous states by double-dipping when passing along the costs of replacing dilapidated and leaking fuel storage tanks.

FULL ARTICLE

Posted in: BP, Chevron, Environment, Exxon Mobil, Oil, Royal Dutch Shell Plc.
Tagged: BP · Chevron · ExxonMobil · Oil · Royal Dutch Shell Plc

DISGRUNTLED SHELL OIL EMPLOYEES

Feb 18th, 2014 

by John Donovan. 

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SQUEEZED OFFICE SPACE AT SHELL

SLIGHTLY EXAGGERATED…

POSTING ON SHELL BLOG BY “RAYMOND” ON TUESDAY 18 FEB 2014

Well we moved into the new buildings in Houston. What an utter disappointment. If this is the new face of Shell (small cubes, no privacy and poor working conditions ) then I can see Shell having problems attracting top people. How many top students want to work in a 6×6 cube while the head of HR lives in his glass palace? Nice one Bruce

COMMENT ON SHELL BLOG BY WAYNE ALSO ON 18 FEB 2014

Poor Raymond, we have been sitting in open office for more than two years. A JG B is also sitting next to us. All in the pretext of cost saving!

COMMENT ON SHELL BLOG “FROM AN OLD EP HAND” – POSTED 18 FEB 2014

@Raymond: my commiserations! I escaped the open offices until my retirement. Each time rooms needed to be shared from a certain jobgroup level I made a promotion and had a room to myself. I remember that in 1977 or thereabouts Don Schaefer was the great mover and shaker behind the introduction of open offices. Everyone was against and revolts were imminent, so he lined up a fact finding team of 7 senior people (all jg 1-2 department heads) plus the junior project engineer (jg5) who had to execute the plan, to visit several open offices in Germany. Except for the project engineer they all travelled first class as was the rule on business travel for jg3+. They came back and had to say it was good, provided you built the offices first class. Otherwise it would be a disaster. (They all lied, but arms were twisted…).

In the end BSP succumbed and had a disastrous open office. Rats running along the beams in the ceiling. Few people could concentrate on the work. Managers had their own office.

All capitulated to the gurus and consultants who kept selling the open office space. Then came the roaring 90s and SIEP went open office. Even jg UN (Tiny Tim, may his smoking soul RIP) were sitting in open offices. At around the same time Shell started to go quickly down the drain. Could there be a correlation with open offices?

Sickness leave goes up sharply in open offices. They are good for teamwork in some industries where people have to share ideas and emotions like advertising firms or media companies. It is fine for a short while when people have to get to know each other. But once you start to do some complex engineering and thinking, you need a quiet environment. For HR it is fine, this is simple and routine work.

The Norwegians understood it, they had nice open plan offices and for each a very small office you could sit in if you needed to think.

I genuinely feel sorry for all the people who are forced to do intelligent work in a substandard open office environment.

RELATED

Shell Oil quietly downsizes its downtown operations: 28 January 2014

It’s One Shell of a building, but will giant oil company stay put?: 19 January 2010

The alleged “Baptist Mafia” at Shell Houston: 21 February 2009

Posted in: GoogleNews, Royal Dutch Shell Plc, Shell Blog, United States.
Tagged: Oil · Royal Dutch Shell Plc

Shell, the U.S. not prepared for risks of drilling in Arctic Ocean

Feb 18th, 2014 

by John Donovan. 

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By Dan Ritzman: Special to The Times: Monday, February 17, 2014

Shell announced a plan to return to the Arctic Ocean this summer, only to have its leases invalidated by a federal court because the company vastly underestimated the environmental risks.

The reality is that drilling in the Arctic Ocean comes with a distinctive set of risks to the environment and would-be drillers. History has shown that where there is drilling, there is spilling.

FULL ARTICLE

Posted in: Alaska, Arctic, Environment, Oil Spill, Royal Dutch Shell Plc, United States.
Tagged: Alaska · Arctic Ocean · Niger Delta · Oil · Royal Dutch Shell Plc · The Seattle Times

Shell’s Asset Purge to Hit UK North Sea

Feb 18th, 2014 

by John Donovan. 

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By James Burgess: Mon 17 February 2014

Royal Dutch Shell has announced plans to sell three oil and gas assets in the North Sea as the supermajor seeks to divest some $15 billion in assets.

In October 2013, Shell announcedit would begin selling off significant assets in 2014 and 2015 in order to reduce liabilities and improve cash flow.

FULL ARTICLE

Posted in: Gas, Oil, Royal Dutch Shell Plc.
Tagged: Gas · Oil · OilPrice.com · Royal Dutch Shell Plc

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JOHN DONOVAN FEBRUARY 17, 2014 ARTICLE

Royaldutchshellplc.com website under Denial of Service Attack?

Feb 17th, 2014 

by John Donovan. 

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By John Donovan

Regular visitors may have noticed that this website was down for almost 24 hours last week. This was because we doubled the power of our server to cope with unexplained surges in traffic, which made access sluggish at times. Today the site is being bombarded with Shell Blog comments, made in multiple languages via multiple isp addresses. It appears to be yet another concerted denial of service attack by an unknown party. Such activity is unlawful. We only publish comments about Shell and related matters in English. We never publish comments containing advertising links. I don’t know what we have done to upset whoever is responsible. The only party that has shown past hostile intent to this website, including shutting it down on one occasion, is Royal Dutch Shell Plc. Shell General Counsel Keith Ruddock, confirmed in writing that Shell was responsible. Shell had secretly contacted our website hosting companies in North America and frightened them into taking action against us. Unfortunately for Shell, I persuaded the hosting companies to reveal the identity of our unseen but unsurprising enemy. I do hope Shell is not up to its skullduggery tactics again. A link has now emerged with the previous Denial of Service attacks stretching back a number of years. The same party is responsible. We notified the UK police previously and will do so again unless the attacks cease immediately.

Posted in: Business Principles, GoogleNews, John Donovan, Royal Dutch Shell Plc,RoyalDutchShellPlc.com.
Tagged: John Donovan · Keith Ruddock Shell · Royal Dutch Shell Plc

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