IESE Blog Community About Home BizKnowledge Watch IESE Library Blog Jun 30 2011 0 Compass 2011. Global chemicals sector midyear outlook stock . Xchng This new report from Deloitte Touche Tohmatsu Limited DTTL indicates that the chemical industry is continuing to recover , with revenue growing at a compound annual growth rate of 7.9 percent over the near term . Higher prices and improving global economic conditions , leading to increased demand in the end markets for chemical products , have contributed to the revenue growth . This trend is expected to continue into the second half of 2011. Contributing to the upswing was the increased global sales in the automotive industry , a significant market for chemicals due to the high volume of products used in the development process . Other end
Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Lawmakers Seek Inquiry of Natural Gas Industry Jun 29th , 2011 by John Donovan A version of this article appeared in print on June 29, 2011, on page A12 of the New York edition Photo Credit : J . Scott Applewhite Associated Press Representative Maurice D . Hinchey right wants S.E.C . . action WASHINGTON Federal lawmakers called Tuesday on several agencies , including the federal Securities and Exchange Commission the Energy Information Administration and the Government Accountability Office to investigate whether the natural gas industry has provided an accurate picture to investors of the long-term profitability of their wells and the
Two Greenpeace-related stories in two days for you. Yesterday the blog was about how Greenpeace was attacking VW for its poor performance on fuel efficiency and for blocking climate progress in Europe. Let’s turn back to the US for a moment and hats off to Greenpeace US’ research director Kert Davies, who has been tracking...Continue reading 'Sceptic Gets $1 Million from Oil and Coal'.
Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Evidence Shell is prepared to settle litigation on moral grounds Jun 28th , 2011 by John Donovan By John Donovan As we are approaching the 20th anniversary of our spectacular falling out with Shell , involving Six High Court cases , a County Court action and unsuccessful proceedings issued by Shell via The World Intellectual Property Organisation , I have been looking at some of the past correspondence in connection with articles we intend to . publish Parties contemplating or currently in litigation with Shell may be interested to know that the oil giant claims that it has settled litigation on moral . grounds There is written confirmation
. : Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library S.E.C . rule changes on estimated reserves : Welcome back to Alice in Wonderland’ Jun 27th , 2011 by John Donovan In 2004, the oil and gas industry faced one of its most embarrassing scandals . After whistle-blowers reported concerns about the size of Royal Dutch Shell’s reserves , the company surprised investors by slashing reserve estimates . I am becoming sick and tired about lying , Walter van de Vijver , a senior executive at Royal Dutch Shell , wrote in a November 2003 e-mail made public shortly after his company’s problems came to light . The episode led to the ouster of several of the company’s top executives and an investor
As I have often written about in the past, the oil industry is all about risk and reward. At some stage it has to lure large scale investors to bet large amounts of money that it has found large reserves of oil gas than can be readily exploited. It is an industry that is often...Continue reading 'Houston “I think we have a big problem”'.
Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Insiders Sound an Alarm Amid a Natural Gas Rush Jun 26th , 2011 by John Donovan By IAN URBINA A version of this article appeared in print on June 26, 2011, on page A1 of the New York edition Natural gas companies have been placing enormous bets on the wells they are drilling , saying they will deliver big profits and provide a vast new source of energy for the United . States But the gas may not be as easy and cheap to extract from shale formations deep underground as the companies are saying , according to hundreds of industry e-mails and internal documents and an analysis of data from thousands of . wells In the e-mails , energy
IESE Blog Community About Home BizKnowledge Watch IESE Library Blog Jun 22 2011 0 IFS World Economic Outlook Fiscal Monitor Updates CC Mike Licht Flickr The IFS has published the June Updates of their bimonthly reports , the World Economic Outlook and Financial Monitor Despite some unpleasant surprises , global growth attained an annualized rate of 4.3 percent in the first quarter of 2011, broadly as expected . The outturn was underpinned by many unanticipated offsetting . factors Key among the negative surprises was the devastating effect of the earthquake and tsunami on the Japanese economy . Growth also disappointed in the United States . In contrast , growth surprised on the upside in the euro area , powered by more upbeat investment in Germany and France . Growth in emerging and
Investors may have poured their cash into the rogue’s gallery that is the new venture by Tony Hayward and “Nat King Coal” Rothschild called Vallares. As I blogged yesterday, Vallares was over-subscribed raising just over $2 billion to buy assets in the oil and gas sector. Investors were said to be reassured by Hayward’s knowledge...Continue reading 'Always read the small print'.
This could be a toxic mix: take Deepwater-disaster man, Tony Hayward; the new coal baron, Nat Rothschild, and bankers Julian Mertherell and Tom Daniel, the former from discredited Goldman Sachs. Together you have someone who was ultimately responsible for America’s worst ever environmental disaster; someone who obviously does not care about climate change having invested...Continue reading 'Hayward and “Nat King Coal” Launch Oil Venture'.
IESE Blog Community About Home BizKnowledge Watch IESE Library Blog Jun 17 2011 0 Economic Survey of India 2011 CC ndj5 Flickr The OECD has just published the Economic Survey of India 2011 According to the report , India’s economy has ranked among the best performers over the past decade , and poverty has been falling faster than in other emerging economies . Wide-ranging reforms combined with increased investment and improvements in infrastructure have helped lift potential yearly growth to almost 9 percent , the highest in Indian . history To support the country’s continued growth , the report recommends that the government step up efforts to restructure public expenditure reduce the fiscal deficit relax some of the constraints facing the financial sector make growth more inclusive
Another day and another review has been ordered into the controversial technique called fracking. Last week, the Governor of Maryland established the “Marcellus Shale Safe Drilling Initiative”, which will review the safety of the drilling technique for natural gas from the Marcellus Shale in Western Maryland. “We are also very concerned about an array of...Continue reading 'UK Gov Dismisses Fracking Inquiry Call'.
IESE Blog Community About Home BizKnowledge Watch IESE Library Blog Jun 13 2011 0 Indonesia Competitiveness Report 2011 CC rexboggs5 Flickr The World Economic Forum has just published the Indonesia Competitiveness report 2011 ahead of the 20th World Economic Forum on East Asia . The Report identifies Indonesia as the world’s 17th largest economy and the 6th largest among developing . countries According to the results of the Global Competitiveness Index GCI Indonesia ranks 44th out of 139 economies in the GCI 2010. Indonesia’s rank improved by 10 places , making it the most improved country among G20 countries over this . period Indonesia also compares favorably with the BRICS , with the notable exception of China 27th It ranks higher than India 51st South Africa 54th Brazil 59th and
IESE Blog Community About Home BizKnowledge Watch IESE Library Blog Jun 09 2011 0 African Economic Outlook 2011 CC Juan Falque Flickr The African Development Bank the OECD Development Centre the United Nations Development Programme UNDP and the United Nations Economic Commission for Africa UNECA have just launched the report African Economic Outlook 2011 According to the study , African countries should develop closer cross-border ties in dealing with traditional and emerging partners so they can boost sustainable and inclusive . growth Recent political events in North Africa and high food and fuel prices are likely to slow the continent’s growth down to 3.7 percent in 2011. During this year , sub-Saharan Africa will grow faster than North Africa . The new report forecasts a rebound to 5.8