Extracts from an article by Stephen Wilmot published on 12 March 2014 by investors CHRONICLE
Royal Dutch Shell(RDSA) became the latest corporate giant to weigh into the Scottish referendum debate last week. “We’d like to see Scotland remain part of the United Kingdom,” said chief executive Ben van Beurden at the company’s annual reception (as reported by the BBC). “We want to know as accurately as possible what investment conditions will look like 10 or 20 years from now.” Mr van Beurden’s position parallels that of Bob Dudley, his counterpart at BP…
Royal Dutch Shell Plc’s Greatest Weaknesses
An article by Kevin Godbold published on Wednesday 12 March 2014 by The Motley Fool
Drilling for oil is a dangerous business. We only need to look across at the firm’s rival BP and its 2010 Gulf-of-Mexico disaster to see how a drilling accident can financially cripple even a major oil company for years. Shell takes similar risks to BP on a daily basis and because accidents don’t happen every day, it’s easy to become complacent about that. However, man’s ingenuity won’t always defeat the forces of nature and the next big oil disaster could be just around the corner.
The People vs Shell: Frack off
Extracts from an article by Staci Matlock published on 11 March 2014 by The New Mexican under the headline: “Land grant group joins Mora fight against oil drilling”
The Mora Land Grant association has come down on the side of the Mora County Commission in a fight against the Royal Dutch Shell oil company and private landowners over oil and gas drilling. “This case is about who controls the water, the land, and the natural environment in Mora County — the residents of the county who have passed the ordinance to protect their rights and the rights of nature or an out-of-state corporation,” Jeffrey Haas, a Santa Fe attorney representing the land grant association, said in a statement. Jacobo Pacheco, a Mora County resident and member of the land grant, also is intervening in the lawsuit. He said in the history of the U.S. — whether it was voting rights, civil rights or now the rights of people over corporations — “there is a time to stand up for what is right.”
The TRUTH will set you FREE.
