NAV

Sunday, September 7, 2014

SHELL CEO shows uncertainty that surrounds Shell.

Shell CEO on global turmoil’s impact

Screen Shot 2014-09-07 at 21.14.49Screenshots from a Fox Business video of an interview with Royal Dutch Shell CEO Ben van Beurden on 4 Sept 2014 shows the uncertainty that surrounds Shell. Mr van Beurden bluntly made it clear at the May 2014 Shell AGM that Shell’s priority is what is in the economic interests of Shell shareholders, not geopolitical concerns i.e. the invasion of Crimea. That explains why he happily bowed to Putin days after the annexation. Whatever the spin, ethics and moral issues are ruthlessly put to one side. The lack of scruples by companies such as Shell, has encouraged the Putin regime. Driven by the same motive, access to hydrocarbon reserves, Shell also connived with Hitler in his territorial ambitions. More recently, Shell traded with Iran despite US sanctions and Shell spin to the contrary. Like in relation to Shell’s claimed business principles, it is Shell’s deeds, not the mixed messages, which count.
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HENCE

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Why doesn’t Shell sue Donovan for libel?

Screen Shot 2014-09-07 at 15.49.41Such deliberate misinformation (propaganda, to put it politely) is also totally at variance with Shell’s claimed core business principles. This proves beyond any doubt that the media and the public should not believe anything Shell says. The company even lies to itself.

By John Donovan
Why doesn’t Shell sue Donovan for libel?
I feel sure that this is a question that many visitors to this website have probably asked themselves many times.
It is a question that Royal Dutch Shell put to itself in July 2009. 
Below is an extract from an authentic confidential Shell internal document dated 08 July 2009 in which this very question was raised in relation to “the Donovan’s.” Shell lawyers have redacted names shown on the “Confidential Focal Point”document, other than the names of my late father and myself. A series of questions are posed and then answered, to provide a contingency script if certain anticipated questions were raised by the news media, or at the Shell AGM. 
Extract from the Shell document “Donovan Campaign Against Shell:
Why do you not sue the Donovans for libel?
• The experience of corporate defamation plaintiffs is that, even when successful, such cases draw far more attention to the untrue allegations that they would receive without the case having been brought. Accordingly, while we do not exclude this as a possibility, this is an approach to be adopted only after the most careful consideration.
This answer was completely disingenuous, as Shell had already decided long before, that Shell would not take legal action against the Donovan site. In other words, they had already excluded the possibility. 
Extract
Also, eg we have long decided not to take legal action against the site (although Donovan would probably welcome this)…
So the relevant information Shell set out in the contingency briefing for the media and the public was 100% at variance with what Shell had already decided. 
Such deliberate misinformation (propaganda, to put it politely) is also totally at variance with Shell’s claimed core business principles.
This proves beyond any doubt that the media and the public should not believe anything Shell says. 
The company even lies to itself. 
Other information in the focal point document is also fundamentally untrue. 
Incidentally, days after the focal point propaganda information was circulated, Shell was plotting on how to get this website closed down
By coincidence or otherwise, the website has remained under regular cyber attack by an unknown party with deep pockets. 



The TRUTH will set you FREE.

Saturday, September 6, 2014

US FEDERAL COURT RULED BP'S "conduct was reckless"

Royal Dutch Shell Shareholders Beware

Screen Shot 2014-09-06 at 21.06.55The news that BP may be fined up to $18bn for the oil spill in the Gulf-of-Mexico as a result of a ruling by a US federal court that BP acted with “conscious disregard of known risks” and that BP’s “conduct was reckless,” may have very serious implications for other oil companies.

By John Donovan
The news that BP may be fined up to $18bn for the oil spill in the Gulf-of-Mexico as a result of a ruling by a US federal court that BP acted with “conscious disregard of known risks” and that BP’s “conduct was reckless,”may have very serious implications for other oil companies.
Extract from a New York Times article:
The ruling stands as a milestone in environmental law given that this was the biggest offshore oil spill in American history, legal experts said, and serves as a warning for the oil companies that continue to drill in the deep waters of the Gulf of Mexico, where high pressures and temperatures in the wells test the most modern drilling technologies.
BP has already paid out over $28bn on damage claims and cleanup expenses, so the total cost to BP for the disaster could be north of $50bn, as estimated in a BloombergBusinessweek article “BP Ruling ‘Wakeup Call’ as Risks Mount in Oil Search”
This is indeed a warning of what could happen to Royal Dutch Shell during its next foray into Arctic waters, bearing in mind the debacle in 2012 brought about by gross negligence.
Extract from the BloombergBusinessweek article
Problems have arisen as companies drill deeper and in more perilous conditions. Shell last week submitted a plan for drilling in Alaska’s Arctic, after a vessel ran aground in 2012. The ultra-deep Davy Jones well in the Gulf, among the most expensive ever drilled, has yet to produce what operator Freeport-McMoRan Copper & Gold Inc. has said may be trillions of cubic feet of gas. The complexity of deep drilling or navigating Arctic waters means that further accidents may be inevitable, said Ed Hirs, an energy economist at the University of Houston.
BP, which has been almost destroyed and remains deeply wounded, is now a potential takeover target, as is correctly stated in a NewsMax.com article.
Extract
Once one of the biggest and most powerful oil companies in the world, BP faces years more of uncertainty that will put continued pressure on shares and may open the company to takeover pressure from larger rivals such as Royal Dutch Shell Plc or Exxon Mobil Corp.
Royal Dutch Shell could find itself in a similar distressed situation if things go wrong again in Alaska’s Arctic.



The TRUTH will set you FREE.

Royal Dutch Shell Plc CEO...he cant deny returns are too low

Royal Dutch Shell Plc News Roundup Sat 4 Sept 2014

Screen Shot 2014-09-06 at 15.28.04Royal Dutch Shell Plc CEO Ben van Beurden says he can’t deny returns are too low

By John Donovan
Mixed fortunes for Shell in the last few days. 
Royal Dutch Shell CEO Ben van Beurden has admitted to the Wall Street Journalthat he cannot deny that investor returns are too low. He has also reportedly stated: “We don’t have a [production] volume or capital-employed target. What I want to show is that we can grow free cash flow.”
According to Oil and Gas Insight, Royal Dutch Shell is ending its joint venture (JV) with Saudi Aramco for the Kidan gas development project in the Empty Quarter. This continues a string of disappointments following the opening of Saudi Arabia’s upstream to foreign participation in a bid to boost domestic gas exploration and production. Now, with Shell’s looming exit, Aramco’s ambitious efforts to draw foreign players into development of the Kingdom’s gas reserves seem set to fail.
MalaysiaCronicle.com reports that Royal Dutch Shell has hit the big time in Malaysia with 10 new gas discoveries so far this year, its highest annual gas finds in five years. Shell upstream international director Andrew Brown is quoted as saying that“Malaysia is the No. 1 country for gas discoveries for Shell in 2014 and we are extremely proud of that performance.”
As is clear from this informative article by Carey Restino, The Arctic Sounder remains unconvinced about Shell’s latest Arctic drilling plans and highlights some of the failings of the 2012 fiasco. Well worth a read. 
According to Business News Americas (subscription), Shell has received approval to redevelop two mature oil fields off Brazil’s southeast coast. 
BloombergBusinessweek is reporting that Shell, which signed the first shale-gas production sharing contract in China, will trim its project in Sichuan province because of geological challenges and the area’s dense population.
Extract
“In Sichuan progress has been slower and more difficult than we might have hoped: partly geological reasons, partly some of the challenges of operating in the very highly populated agricultural region,” Shell Chief Financial Officer Simon Henry told investors today in New York. “It’s likely it will be smaller than originally envisaged.”
The same BloombergBusinessweek article also reports that according to Shell’s Upstream Americas director, Marvin Odum, “Shell plans to reduce about $500 million in capital and operating costs in North America’s exploration projects this year.”
Returning to UK issues, Ben van Beurden says he is more concerned by a potential U.K. exit from the European Union than he is by the prospect of Scottish independence.

The TRUTH will set you FREE.

SHELL CIRCUMVENTED RA 7641

SYNDICATED ESTAFA


MY QUEST FOR SWINDLED 

RETIREMENT PAY BY SHELL



SWINDLING ITO, SYNDICATED ESTAFA


HOT PURSUIT
DUTY OF LAW ENFORCEMENT ENTITIES


SHELL SWINDLING OF RETIREMENT PAY 5TH YEAR

1001counts
SEE BELOW FOR THE 1001ST   TIME THE REITERATION OF DEMAND PAYMENT OF RETIREMENT PAY WHICH SHELL REFUSED TO HONOR IN THE PRESENCE AND DEEMED APPROVAL OF THE HONORABLE MAGISTRATES OF THE SUPREME COURT OF THE PHILIPPINES


Dishonest scales are an abomination to the Lord, but a just weight is His delight... Proverbs Chapter 11  v. 1
Retirement Pay Law circumvented by Shell subject to penal provision provided for by Article 288 of the Labor Code of the Philippines.





CONTENTS

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