Sunday, April 26, 2015

Shell to suffer profits plunge on oil price collapse

Apr 26th, 2015

An article by Christopher Williams published 26 April 2015 by The Sunday Telegraph

Shell to suffer profits plunge on oil price collapse

Dutch earthquake fears also trim gas production

Shell is expected to reveal this week that the collapse in the price of oil has wiped off two thirds of its first quarter profits.

The giant has been hit hard by the economic and geopolitical forces set against the price of oil, which at $65 per barrel costs little more than half as much as it did last summer, in spite of recent gains.

Analysts at JP Morgan said Shell is expected to report profits of £1.6bn, adjusted for one-off charges, compared with £4.8bn for the first three months of last year, when Brent crude was comfortably above $100 per barrel.

Posted in: Ben van Beurden, BG Group, Daily Telegraph, Gas, Groningen Earthquakes,Netherlands, Oil, Oil Prices, Royal Dutch Shell Plc.
Tagged: Ben van Beurden · BG Group · Gas · Royal Dutch Shell Plc · Shell

The TRUTH will set you FREE.

Predators circle with BP still stuck in deep water

Apr 26th, 2015

by John Donovan.

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By Nick Fletcher published Sunday 26 April 2015 by The Observer/Guardian

Predators circle with BP still stuck in deep water

Meanwhile, BP could also be put on the spot about its commitment to being more open about its impact on climate change, after 98% of shareholders at its recent annual meeting called for more transparency. The company agreed to publish more information, but stepped back from providing targets to curb its own greenhouse gas output.

SOURCE

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

The TRUTH will set you FREE.

BG Deal to Test Shell’s Integration Skills

Apr 26th, 2015

by John Donovan.

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Article by JUSTIN SCHECK AndSARAH KENT published April 26, 2015 by The Wall Street Journal

BG Deal to Test Shell’s Integration Skills

LONDON—With its $70 billion deal to buy BG Group PLC, Royal Dutch ShellPLC will attempt something altogether new for the 108-year-old energy giant: absorbing a huge company.

FULL ARTICLE

Posted in: Ben van Beurden, BG Group, BP, Chevron, Exxon Mobil, Gas, LNG, Oil, Oil Prices, Royal Dutch Shell Plc, Shell, Simon Henry, Total.
Tagged: BG Group · BP · ExxonMobil · Gas · Royal Dutch Shell Plc · Total

The TRUTH will set you FREE.

UK government would oppose any takeover of BP says FT

Apr 26th, 2015

by John Donovan.

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UK government would oppose any takeover of BP -FT

(Reuters) – Britain’s outgoing government has told BP Plc that it wants the company to remain a British industrial champion and it would oppose any takeover of the oil producer, the Financial Times reported.

The message follows the $70 billion deal to acquire rival producer BG by oil major Royal Dutch Shell, which has sparked speculation of a larger wave of consolidation similar to the one at the end of 1990s during another oil price decline.

British officials have said the government would be “sceptical” about any takeover – even if it involves Royal Dutch Shell – because it wants the country to have two big global oil companies, the FT reported. (on.ft.com/1bu3XqD)

Posted in: BG Group, BP, Exxon Mobil, Oil Prices, Reuters, Royal Dutch Shell Plc, Shell.
Tagged: BG Group · BP · ExxonMobil · Gas · Royal Dutch Shell Plc

The TRUTH will set you FREE.

Saturday, April 25, 2015

Shell takes hit of £3.2bn amid weak oil price as UK companies’ profit warnings go up

Apr 25th, 2015

by John Donovan.

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By JON REES, FINANCIAL MAIL ON SUNDAY: 26 April 2015

Shell is expected to report this week that the weak oil price wiped two-thirds off its earnings in the first three months of the year.

The Anglo-Dutch oil giant, which has tabled a £46billion cash-and-shares deal to buy British gas explorer BG Group, is poised to report profits falling to £1.6billion from £4.8billion for the same period last year.

The price of a barrel of Brent crude oil, the benchmark for the oil industry which is denominated in dollars, has fallen from $115 (£76.60) a barrel last summer to $64 on Friday. Other oil indices have fallen too.

Posted in: Ben van Beurden, BG Group, Canada, Oil Prices, Oil Sands, United States.
Tagged: Canada · Oil · Oil Prices · Royal Dutch Shell Plc

The TRUTH will set you FREE.

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

GEUS_15MAR16_66th FOLLOW UP_REITERATION

OF DEMAND PAYMENT OF RETIREMENT PAY

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.

NAV

Sunday, April 26, 2015