Cempaka Maritime, Marine and Fisheries: Shell's profit warning linked to cost of drilling in Arctic waters

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

“2011 and Beyond” - What you are seeing, and why - Jan 16, 2011 (Kryon channelled by Lee Carroll) (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

(Live Kryon Channelings was given 7 times within the United Nations building.)

Kryon Q&A

Question: Dear Kryon: I live in Spain. I am sorry if I will ask you a question you might have already answered, but the translations of your books are very slow and I might not have gathered all information you have already given. I am quite concerned about abandoned animals. It seems that many people buy animals for their children and as soon as they grow, they set them out somewhere. Recently I had the occasion to see a small kitten in the middle of the street. I did not immediately react, since I could have stopped and taken it, without getting out of the car. So, I went on and at the first occasion I could turn, I went back to see if I could take the kitten, but it was to late, somebody had already killed it. This happened some month ago, but I still feel very sorry for that kitten. I just would like to know, what kind of entity are these animals and how does this fit in our world. Are these entities which choose this kind of life, like we do choose our kind of Human life? I see so many abandoned animals and every time I see one, my heart aches... I would like to know more about them.

Answer: Dear one, indeed the answer has been given, but let us give it again so you all understand. Animals are here on earth for three (3) reasons.

(1) The balance of biological life. . . the circle of energy that is needed for you to exist in what you call "nature."

(2) To be harvested. Yes, it's true. Many exist for your sustenance, and this is appropriate. It is a harmony between Human and animal, and always has. Remember the buffalo that willingly came into the indigenous tribes to be sacrificed when called? These are stories that you should examine again. The inappropriateness of today's culture is how these precious creatures are treated. Did you know that if there was an honoring ceremony at their death, they would nourish you better? Did you know that there is ceremony that could benefit all of humanity in this way. Perhaps it's time you saw it.

(3) To be loved and to love. For many cultures, animals serve as surrogate children, loved and taken care of. It gives Humans a chance to show compassion when they need it, and to have unconditional love when they need it. This is extremely important to many, and provides balance and centering for many.

Do animals know all this? At a basic level, they do. Not in the way you "know," but in a cellular awareness they understand that they are here in service to planet earth. If you honor them in all three instances, then balance will be the result. Your feelings about their treatment is important. Temper your reactions with the spiritual logic of their appropriateness and their service to humanity. Honor them in all three cases.

China calls for peaceful settlement of maritime disputes

Saturday, January 18, 2014

Shell's profit warning linked to cost of drilling in Arctic waters

Sources say financial writedowns come from costs associated with the Alaskan drilling operation

The Guardian, Terry Macalister, Friday 17 January 2014

Shell made no mention of mishaps in the Arctic but admitted that its American
exploration business had made a loss. Photograph: Carl Court/AFP/Getty Images

The costs of a trouble-prone drilling programme in Arctic waters off Alaska have contributed to Shell being forced to issue a shock profit warning which has shaken investor confidence.

Shares in the Anglo-Dutch oil group slumped in early trading after its newly-installed chief executive admitted that fourth quarter earnings would be around 70% lower than the same period last year.

"Our 2013 performance was not what I expected from Shell," Ben van Beurden said. "Our focus will be on improving Shell's financial results, achieving better capital efficiency and on continuing to strengthen our operational performance and project delivery."

Shell made no mention of mishaps in the Arctic but admitted that its American exploration business had made a loss. And sources said that financial writedowns had come from dry wells and costs associated with the Alaskan operation.

The group was only able to engage in a vastly reduced Arctic drilling programme in the Chukchi sea rather than the wider scheme in the Beaufort sea after equipment failures and a rig grounding during 2012 which continue to cost it money.

Shell is estimated to have spent $5bn (£3m) in the region over recent years without any tangible result so far and it is struggling to convince safety regulators that it should be allowed to drill in the Chukchi this summer.

The company also blamed higher exploration costs, security problems in Nigeria and heavier than expected maintenance work on its liquefied natural gas business, as well as a high dollar, for its lower profits.

Fourth quarter earnings on a current cost of supplies basis are now expected to be around $2.2bn while the annual result will be $16.8bn compared with $27.2bn before. The results are due to be released on 30 January.

Peter Hutton, an oil analyst at RNC Capital Markets, said the figures were disappointing, but he questioned whether the new chief executive was just throwing out all the bad costs that he could blame on his predecessor, Peter Voser, who left at the end of the year. "We think the [stock] market should become more sanguine as it reflects on these adjustments and recognises that Shell is taking a last opportunity for a bit of a bath."

Earlier this week Shell was reported to be preparing to make significant cutbacks to its operations in the UK North sea, and van Beurden is expected to announce a string of divestment targets at the end of this month.