Galway no events posted in last week
Interested in maladministration. Estd. 2005
 RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony
Joe Duffy is dishonest and untrustworthy Anthony
Robert Watt complaint: Time for decision by SIPO Anthony
RTE in breach of its own editorial principles Anthony
Waiting for SIPO Anthony Public Inquiry >>
Parse failure for http://humanrights.ie/feed/. Last Retry Tuesday September 23, 2025 05:59
News Round-Up Tue Sep 23, 2025 01:12 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.
Hamas Executes ?Israeli Collaborators? in Streets of Gaza Mon Sep 22, 2025 19:30 | Will Jones
Hamas?has executed three Palestinians accused of "collaborating" with Israel on the streets of Gaza, just hours after the UK, Australia and Canada announced their?recognition of a Palestinian state.
The post Hamas Executes “Israeli Collaborators” in Streets of Gaza appeared first on The Daily Sceptic.
The Covid Response Was Not a Mistake ? It Was Just Wrong Mon Sep 22, 2025 17:35 | Dr David Bell
The Covid response was not an error, and it was not the result of rushing to counter an unknown pathogen. It was a lot of people, mostly professionals, systematically doing what they knew was wrong, says Dr David Bell.
The post The Covid Response Was Not a Mistake ? It Was Just Wrong appeared first on The Daily Sceptic.
School Accused of ?Brainwashing? Children After 14 Year-Olds Told to Read Book ?Blaming Them for The... Mon Sep 22, 2025 15:11 | Will Jones
A parent has accused a secondary school of "brainwashing" after?he learned that 14 year-old pupils were told to read a book that "blames them for their white skin" ? and his daughter was forced to read it out loud.
The post School Accused of “Brainwashing” Children After 14 Year-Olds Told to Read Book “Blaming Them for Their White Skin” appeared first on The Daily Sceptic.
No Benefits for Foreigners Under Reform, Says Nigel Farage: Stricter Visa Tests and Deportation for ... Mon Sep 22, 2025 13:00 | Will Jones
Nigel Farage?today vowed to block foreign nationals from getting benefits, slashing the welfare bill "by ?234bn", and to deport hundreds of thousands of migrants with 'settled status' by bringing in stricter visa tests.
The post No Benefits for Foreigners Under Reform, Says Nigel Farage: Stricter Visa Tests and Deportation for Those Who Fail Under Crackdown on ‘Settled Status’ Migrants appeared first on The Daily Sceptic. Lockdown Skeptics >>
Voltaire, international edition
Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en
Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en
Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en
Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en
The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en Voltaire Network >>
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Gazprom take over Sakalin 2 project after shafting Shell
 galway |
rights, freedoms and repression |
other press
 Friday December 22, 2006 03:00 by TJ - Shell to Sea
Putin : "Let's celebrate the shafting of Shell, what's your poison, Jeroen "
The New York Times is reporting that : Gazprom, the Russian energy monopoly, bought control of the world’s largest combined oil and natural gas development yesterday after a highly publicized campaign of pressure on its foreign operator, Royal Dutch Shell.
Under the deal, Gazprom will pay $7.45 billion for the controlling share of Sakhalin 2, the vast energy project in Russia’s remote Far East, north of Japan. The project includes offshore platforms, 500 miles kilometers of oil and natural gas pipelines, a liquefied natural gas plant and an oil terminal.
Russian President Vladimir Putin announced the deal at a Kremlin meeting yesterday evening with executives from Gazprom, Shell and the Japanese trading houses Mitsui and Mitsubishi, which also own part of the project. According to a statement released by Gazprom. Shell reduced its share of Sakhalin 2 to 27.5 percent, from 55 percent; Mitsui to 12.5 percent, from 25 percent; and Mitsubishi to 10 percent, from 20 percent,
However, it appears that Shell & co have been shafted by Putin, as, so far, they thave sunk about $12 billion into Sakhalin 2, meaning they will recoup about half of their capital investment so far but will be compensated little for the estimated four billion barrels of recoverable reserves at the site. The Russians further shafted them by valuing Sakhalin 2 reserves at less than $4 a barrel of oil equivalent, a benchmark in valuing oil and gas deals, compared to an average of $4.90 a barrel at large Russian oil companies like Lukoil or Rosneft.
The Sakhalin 2 sale came just two years after Russian tax authorities confiscated the largest production unit from Yukos and sold 76.6 percent at a rigged auction to a newly created shell company, Baikal Finance, for $9.4 billion, an amount that Yukos executives said was far less than it was worth. That pumping asset, now part of Rosneft, is valued by investors today at more than $60 billion.
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