Shell-BG Group Deal Faces Hurdle From Chinese ‘Black Box’ Regulator

Shell-BG Group Deal Faces Hurdle From Chinese ‘Black Box’ Regulator

May 30th, 2015 

by John Donovan. 

1 comment

By: MICHEAL KAUFMAN: Published: May 29, 2015

Royal Dutch Shell Plc’s (ADR) (NYSE:RDS.A) deal to acquire the UK-based BG Group (OTCMKTS:BRGYY) that is already at a risk of facing numerous obstacles, including volatility in the crude oil prices and a risk of a competitor outbidding Shell’s bid.

Meanwhile, when the deal is already hovering around such sensitive issues, the Financial Times (FT) has reported the latest hurdle that might hinder the course of the deal. This one is considered to be the biggest of all hurdles, the entry of China’s Ministry of Commerce (MOFCOM), termed as ‘black box’ by one of the competition lawyer, to conduct a regulatory scrutiny of the deal.

read more

Share this:

• Facebook
• Twitter
• Email
• Print

Like this:

Loading...

Posted in: Australia, Ben van Beurden, BG Group, Bidness Etc, Brazil, China, Gas, LNG,Royal Dutch Shell Plc, Russia, Shell.
Tagged: Australia · Ben van Beurden · BG Group · China · Gas · Royal Dutch Shell Plc ·Russia · Shell

The TRUTH will set you FREE.

Shell Has Got Its Climate Policy Wrong: Economist Nick Stern

Shell Has Got Its Climate Policy Wrong: Economist Nick Stern

May 30th, 2015

by John Donovan. 

No comments yet

By: MICHEAL KAUFMAN: Published: May 29, 2015 

At the Guardian Business debate on divestment in Kings Place, London, prominent Economist Nick Stern said that Royal Dutch Shell plc (ADR) (NYSE:RDS.A) wants investors to bet against the world taking action on climate change. He said that the oil giant and other hydrocarbon companies were pulling in the wrong direction, on the progress that will be made in renewable technology in the coming two-three decades.

He was of the view that despite hydrocarbon companies like Shell saying that the policies that will keep global warming to 2C will not be adhered to, they had to tell those energy companies that their forecasts were wrong. He said that they had to try to get the people to make sure that those policies will be implemented.

read more

Share this:

• Facebook
• Twitter
• Email
• Print

Like this:

Loading...

Posted in: Alternative Energy, Alternative Fuels, Ben van Beurden, Bidness Etc, Climate Change, Environment, Gas, Oil, Royal Dutch Shell Plc.
Tagged: Ben van Beurden · Environment · Gas · Global Warming · Oil · Royal Dutch Shell Plc · Shell

The TRUTH will set you FREE.

Seattle says NO to Shell Oil

Seattle says NO to Shell Oil

May 30th, 2015

by John Donovan. 

No comments yet

Extracts from an article by Megan Wallin published 29 May 2015 by TheBaltimore Post-Examiner under the headline:

Seattle says NO to Shell Oil

The barge, given the name “The People’s Platform” is docked in protest of Shell’s oilrig.

Along the water, within view of famous seafood restaurants and expensive condos on Alki Beach in West Seattle, a large solar-powered barge waits with a message.

“Shell No,” one sign reads, with another parodying the drill’s name (Polar Pioneer) with its own dandy logo “Solar Pioneer.” Additionally, a short environmental film is projected on the screen at twilight.

The barge, given the name “The People’s Platform” is docked in protest of Shell’s oilrig.

read more

Share this:

• Facebook
• Twitter
• Email
• Print

Like this:

Loading...

Posted in: Alaska, Arctic, Chukchi Sea, Climate Change, Environment, Greenpeace, Oil,Oil Spill, Pollution, Royal Dutch Shell Plc, United States.
Tagged: Alaska · Arctic Ocean · Chukchi Sea · Environment · Royal Dutch Shell Plc ·Shell

The TRUTH will set you FREE.

Gearing up for the big lift in the North Sea

Gearing up for the big lift in the North Sea

May 29th, 2015 

by John Donovan. 

No comments yet

Extracts

How do you go about removing a massive piece of infrastructure from a hostile environment like the North Sea?

Oil giant Shell has come up with one answer which could be put to the test next year – using a mega-ship to remove the topside of an oil platform in a single lift.

The oil firm hopes Pioneering Spirit – originally called Pieter Schelte – will prove a game-changer by successfully removing the main structure in one go.

Allseas also has a contract from Shell to remove the topsides of two of the other three platforms in the field – Bravo and Alpha (along with Alpha’s steel jacket) – subject to consultation and UK government approval. It has an option to do the same with the fourth platform, Charlie.

read more

Share this:

• Facebook
• Twitter
• Email
• Print

Like this:

Loading...

Posted in: Allseas, BBC News, Oil, Pieter Schelte, Royal Dutch Shell Plc.
Tagged: Pieter Schelte · Royal Dutch Shell Plc

The TRUTH will set you FREE.

Could Shares In BP plc And Royal Dutch Shell Plc Collapse By More Than A Third?!

Could Shares In BP plc And Royal Dutch Shell Plc Collapse By More Than A Third?!

May 29th, 2015 

by John Donovan. 

No comments yet

By Royston Wild – Friday, 29 May, 2015

“In my opinion both stocks are in danger of a severe share price collapse as the oil market outlook becomes ever gloomier.”

Shares across much of the oil sector have received a massive fillip in recent months in line with a recovery in the crude oil price. After the Brent barometer shuttled from $115 per barrel last summer to multi-year lows around $45 in January, a subsequent reduction in the US rig count has underpinned a solid price recovery — indeed, the benchmark was recently trading around the $64 mark.

With investors hoping these measures will represent a sea-change in the oil market’s supply/demand dynamics from next year, shares in oil major BP (LSE: BP) (NYSE: BP.US) have flipped 10% higher since the turn of the year. Investor sentiment in Shell (LSE: RDSB) (NYSE: RDS-B.US) has wavered more recently, however, and the stock is now trading 11% lower from the close of 2014.

read more

Share this:

• Facebook
• Twitter
• Email
• Print

Like this:

Loading...

Posted in: BP, Oil, Oil Prices, OPEC, Royal Dutch Shell Plc.
Tagged: BP · Oil Prices · Royal Dutch Shell Plc · Shell · The Motley Fool

The TRUTH will set you FREE.

Shell Elects Huibert Vigeveno To Lead BG Group Merger

Shell Elects Huibert Vigeveno To Lead BG Group Merger

May 29th, 2015 

by John Donovan. 

No comments yet

By: MICHEAL KAUFMAN: May 29, 2015 

European oil giant Royal Dutch Shell Plc (ADR) (NYSE:RDS.A) has elected the head of its Chinese operations to lead the company’s planned merger with UK-based natural gas company, BG Group Plc (ADR) (OTCMKTS:BRGYY), as it seeks approval from regulatory authorities in several countries.

Earlier this week, the oil company told its senior executives that it has elected Huibert Vigeveno, executive chairman for Shell’s Chinese operations, to spearhead the deal with BG Group, according to a report by Sky News. Mr. Vigevena, who will hold the position of executive VP for integration, will see his appointment become effective in August.

read more

Share this:

• Facebook
• Twitter
• Email
• Print

Like this:

Loading...

Posted in: Ben van Beurden, BG Group, Bidness Etc, China, Gas, LNG, Oil Prices, Royal Dutch Shell Plc, Shell.
Tagged: BG Group · Gas · LNG · Oil Prices · Royal Dutch Shell Plc

The TRUTH will set you FREE.