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Posts under ‘Climate Change’

Shell News Update Friday 9 June 2017

Shell: step up building huge North Sea offshore wind farms: DutchNews.nl: 9 June 2017

Wind energy not only has the potential to develop into the most important sustainable energy source, but it is also the cheapest means of generating power, according to Mark Gainsborough, head of Royal Dutch/Shell’s new energy division.

Energy Cos. Dodge Oil Price Manipulation Suits: LAW360: 8 June 2017

A New York federal judge on Thursday nixed multidistrict litigation complaints by derivatives traders and landowners alleging a slew of energy companies manipulated the price of North Sea Brent crude oil and Brent crude futures, saying they haven’t sufficiently linked the activity to any alleged economic harm they suffered.

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Shell News Update Monday 5 June 2017

ELECTRIC CAR: SHELL BETS ON FAST AND INTELLIGENT CHARGING: The Quebec Times: 3 June 2017

The Royal Dutch Shell will soon be able to offer its fast and intelligent charging system to an increasing number of customers owning electric and hybrid rechargeable vehicles. The Anglo-Dutch company recently declared that it had successfully passed the test phase and was now considering deploying it on a wider scale.

Exxon Misled Investors Over Climate Risks, NY AG Says: Law360: 2 June 2017

New York Attorney General Eric Schneiderman said Friday that ExxonMobil may have deceived investors about the climate change risks to its business in an ongoing fraud that stretched back to U.S. Secretary of State Rex Tillerson’s time heading the oil giant.

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Shell News Updated Saturday 3rd June 2017

Shell fears ‘backlash’ from Paris deal exit: The Times: Saturday 3 June 2017

The Anglo-Dutch company has been one of the most outspoken oil industry supporters of the 2015 accord, telling Mr Trump that withdrawal would weaken America’s position globally.

Shell still working to reduce emissions despite U.S. pullout from Paris agreement: The Times: Saturday 3 June 2017

President Donald Trump pulled the United States out of the Paris climate agreement Thursday, but one of the largest companies in the world said it will still do its part to provide clean energy.

Big payout for Shell and ExxonMobil from NAM holding: DutchNews.nl: 2 June 2017

NAM has €3.4bn earmarked for provisions on its balance sheet. A small portion of this, 15% or €495m, is reserved for claims made against the company for earthquake damage.

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Shell News Headlines 23 May 2017

Shell to sell C$4.1 billion stake in Canadian Natural -sources: REUTERS/DAILY MAIL: 23 May 2017

Royal Dutch Shell Plc has decided to offload a roughly C$4.1 billion ($3 billion) stake in Canadian Natural Resources Ltd (CNRL) that it acquired as part of a deal to retreat from Canada’s oil sands earlier this year, people familiar with the situation told Reuters.

Shell defeats activist uprising as it faces down rising climate concerns: THE TELEGRAPH: 23 MAY 2017

Royal Dutch Shell has convincingly defeated a climate activist uprising after facing down one of its most bitter stand-offs with shareholders over its climate goals. Around 94pc of shareholders voted down a special resolution calling for the oil giant to set and publish annual targets to reduce carbon emissions at its AGM in the Hague on Tuesday. The board also survived a vote on executive pay which was backed by 93pc of shareholders.

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Rebellious Shell shareholders to vote for new climate change goals

A group of retail investors have tabled the resolution at Shell’s AGM, asking it to establish carbon emission reduction targets. Photograph: Toru Hanai/Reuters

FULL ARTICLE

Investors to press Shell over climate pay policy small print

By Ron Bousso

LONDON, May 17 (Reuters) – Investors are pushing oil giant Royal Dutch Shell to explain the finer details of its plan to link executives’ bonus pay to lowering carbon emissions, urging more transparency as the world shifts away from fossil fuels.

Shell was hailed by investors as a pioneer among the world’s biggest fossil fuel producers when it announced the policy to tie 10 percent of executives bonuses to cutting greenhouse gas emissions, which will be voted on at a May 23 annual general meeting in the Hague.

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Investors want more transparency in Shell’s climate pay policy

|By: , SA News Editor

Some investors are pushing Royal Dutch Shell (RDS.A, RDS.B) to explain the finer details of its plan to link executives’ bonus pay to lowering carbon emissions.

Shell was hailed as a pioneer among the world’s biggest oil companies when it announced the policy to tie 10% of executive bonuses to cutting greenhouse gas emissions, which will be voted on at a May 23 annual general meeting in the Hague, but some investors are pressing Shell to show how it actually will calculate the targets for lowering emissions rather than provide the information retrospectively in its annual report.

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Shell, the oil giant run by unscrupulous hypocrites 

Congratulations to The Guardian on their story exposing the hypocrisy of Royal Dutch Shell in relation to climate change. 

‘Shell knew’: oil giant’s 1991 film warned of climate change danger

Shell subsequently invested billions in highly polluting exploration and production activities around the world. The Guardian provides examples. 

The gap between Shell propaganda and what it actually does is even more striking bearing in mind the core principles of Shell’s claimed ethical code of honesty, integrity, transparency etc.

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Royal Dutch Shell Breaking News 31 Jan 2017

Links below are to some of the current news stories posted on our sister website royaldutchshellgroup.com covering, among other developments, an article published today by The Wall Street Journal under the headline: Corruption Currents: Nigeria to Charge Shell, Eni in Oil-Graft Scandal.

There is also news that Shell has sold a stake in a Thailand gas field and is selling more North Sea assets, all part of the fire sale necessary for funding the takeover of the BG Group. Also, some previews of Shell’s imminent fourth quarter results.

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Royal Dutch Shell Hydrogen News

Links below to some of the current news stories posted on our sister website royaldutchshellgroup.com covering, among other developments, Shell’s participation along with Total and other members, in a hydrogen council planning to invest (within 5 years) 10 billion euros ($10.7 billion) in hydrogen-related products.

There is also news of Nigerian government litigation against Shell, with a court date announced for a $406.7 million claim against the oil giant.

Toyota, Shell Among Giants Betting $10.7 Billion on Hydrogen

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SPONSORED Q&A with Ben van Beurden, CEO, Royal Dutch Shell

By ENERGY VISIONS12/14/16, 9:49 AM CET

A lot has changed in the year since a global agreement to limit carbon emissions was reached in Paris last December. Political earthquakes have taken place in the UK, US and Italy – and Germany and France could be next. But despite the political upheavals, many business leaders say the commitment to fight climate change remains unaltered.

So how can leaders in the public and private sector make sure the goals of the Paris Accord stay on track? Energy Visions spoke with Ben van Beurden, CEO of Royal Dutch Shell, to get his take on these thorny issues.

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Shell takes aim at British and German offshore wind deals

By Karolin Schaps | LONDON

Royal Dutch Shell (RDSa.L) wants to buy into the British and German offshore wind markets as it attempts to shift its business away from fossil fuels.

Immediate opportunities in the world’s biggest offshore wind markets will be through buying stakes in leases, rather than building new projects, Dorine Bosman, business operations manager for Shell’s wind business, told Reuters on Tuesday.

The world’s second-biggest oil major on Monday won a contract to build 700 megawatts (MW) in offshore wind capacity off the Dutch coast together with consortium partners Eneco, Van Oord and Mitsubishi/DGE.

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