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Posts under ‘Climate Change’

Seattle mayor snubs Shell’s Arctic oil-drilling fleet

Seattle mayor snubs Shell’s Arctic oil-drilling fleet: 5 May 2015 Local officials are trying to stop Shell’s Arctic oil-drilling fleet from docking at Seattle’s harbor for the summer, saying that current arrangements go against the port terminal’s land-use permit. Shell has multiple ships and oil rigs en route. Seattle Mayor Ed Murray said the current […]

Shell’s Arctic return faces hurdle at Seattle port

Shell’s Arctic return faces hurdle at Seattle port By Timothy Gardner: 4 May 2015 May 4 (Reuters) – Royal Dutch Shell’s quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city’s port must apply for a permit for the company to use it […]

Kayakers prep for oil-drilling protests in West Seattle

By Seattle Times Staff: 3 May 2015 Kayakers prep for oil-drilling protests in West Seattle About 19 advanced kayakers learned self-rescue techniques and how to assist when a kayak capsizes in anticipation of the upcoming flotilla protest May 16 in Elliott Bay. Judging from the water-safety preparations and drills off Seacrest Park in West Seattle, […]

Campaign to blacklist fossil fuel investments

According to an article published by The Financial Times on 26 April 2015: “The Prince of Wales is the most prominent name to emerge from a Financial Times’ survey of British individuals and institutions that are shunning coal, oil and gas company holdings.” The FT article – PRINCE CHARLES SHUNS FOSSIL FUEL INVESTMENTS – lists […]

Shell Said to Hire Barclays to Arrange $15 Billion BG Loan

Article by Stephen Morris published 17 April 2015 by Bloomberg.com Royal Dutch Shell Plc hired Barclays Plc to help arrange a 10 billion pound ($15 billion) loan to help fund its purchase of BG Group Plc, two people with knowledge of the matter said. The short-term bridge facility will replace an existing 3 billion-pound loan provided […]

Guardian Media Group to divest its £800m fund from fossil fuels

From an article by Damian Carrington  published Wednesday 1 April 2015  by The Guardian newspaper Guardian Media Group to divest its £800m fund from fossil fuels The Guardian Media Group (GMG) is to sell all the fossil fuel assets in its investment fund of over £800m, making it the largest yet known to pull out of coal, […]

Shell cynically blocking action on climate change, says ex-diplomat

From an article published by The Guardian on Monday 30 March 2015 Shell cynically blocking action on climate change, says ex-diplomat Shell and its oil and gas peers are narcissistic, paranoid and psychopathic, and engaged in a cynical attempt to block action on global warming, according to the UK’s former climate change envoy. read moreLike […]

Revolutionary Peterhead carbon capture and storage project spearheaded by Shell

From an article by Joshua King published on 30 March 2015 by the Aberdeen Press & Journal under the headline: Plans for revolutionary Peterhead energy project revealed Extracts Plans for a pioneering clean energy project in the north-east have been formally tabled with Aberdeenshire Council in a major milestone for the multimillion-pound scheme. The carbon […]

Global warming is now slowing down the circulation of the oceans — with potentially dire consequences

FROM AN ARTICLE BY CHRIS MOONEY PUBLISHED BY THE WASHINGTON POST ON 23 MARCH 2015 read moreLike this:Like Loading…

Money Talks

By Seattle Times editorial board published 23 March 2015 under the headline: Terminal 5 Shell lease is not the right arena to debate climate change SOON, two huge oil rigs will be parked at the Port of Seattle, preparing for a summer sailing to the Alaskan Arctic and for exploratory drilling. The Port’s decision in February to […]

Shell’s climate change strategy: narcissistic, paranoid, and psychopathic

In an open letter to Shell’s Ben Van Beurden, the UK’s former top climate envoy says now is the time for to show leadership  By John Ashton Dear Mr van Beurden – one month ago, at the IP Week dinner in London, you gave a speech calling on your peers, as you put it in […]

Shell reports on plans for Arctic drilling

Article by Carey Restino published 13 March 2015 by The Bristol Bay Times “After 2012, every aspect of our plan is under a microscope and every aspect is carefully monitored, including the impact on marine mammals,” Leaders from southwest Alaska were briefed last week on Shell Oil’s plans for the 2015 season, hearing how the […]

Port: Enviros playing politics with suit against Shell Arctic fleet homeport

From an article by Joel Connelly published 11 March 2015 by Seattlepi.com  Port: Enviros playing politics with suit against Shell Arctic fleet homeport Extracts Environmentalists are using a court suit to pursue political goals and have no legal standing to block a lease that will base Shell’s Arctic oil drilling fleet at Terminal 5 on […]

Shell divides $46.5 million between 15,500 Nigerians in oil spill compensation

Shell Petroleum Development Company (SPDC) has allocated N600,000 (approx. US$3,000) to each of 15,500 indigenous peoples of Bodo, in the Gokana Local Government Area of Rivers State, as a monetary compensation for its excessive oil spills in the past years. These oil spills have had a damaging effect on the Ogoni environment. The compensation was […]

Another nail in the coffin of tar sands

BBC NEWS: Obama vetoes Keystone oil pipeline bill: 24 Feb 2015 US President Barack Obama has vetoed a bill that would have approved construction of the Keystone XL oil pipeline. The Republican-led Congress sent the bill to the president on Tuesday. White House spokesman Josh Earnest said Obama vetoed the bill “without any drama or […]

Plea to Shell from students of the International School of the Stockholm Region

Plea to Shell from students of the International School of the Stockholm Region  COPY OF AN EMAIL SENT TO MICHIEL BRANDJES, JOHN DONOVAN AND OTHERS Dear Shell, We are students from the International School of the Stockholm Region and we are writing to express our concern about how your company is affecting our environment. Each year […]

Shell boss calls fossil fuel critics ‘naive’ but admits Big Oil has ‘credibility issue’

From an article by Terry Macalister published by The Guardian 12 February 2015 Ben van Beurden urges oil industry to be more assertive, arguing that debate is about balancing moral obligation of energy access for all with fighting climate change Extract Ben van Beurden urged fellow industry leaders meeting in London to be “more assertive” […]

Oil company employees should consider quitting their jobs

From an article by Jonathan Porritt published by The Guardian on 10 February 2015 under the headline: “Oil company employees should consider quitting their jobs” read moreLike this:Like Loading…

Arctic Oil On Life Support

From an OilPrice.com article by Nick Cunningham published 1 Feb 2015 under the headline: “Arctic Oil On LifeSupport” Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost […]

Shell bows to investor pressure on climate risk

WASHINGTON Thu Jan 29, 2015 1:49pm EST (Reuters) – In a rare move, oil major Shell on Thursday backed a resolution proposed by activist investors to force the company to recognize climate change risks by improving its transparency. Shell’s executive vice president of investor relations JJ Traynor said the company would urge shareholders to vote […]

Shell – leveraging the climate debate

Four of these experts were from Shell, a prominent member of history’s top 90 polluters. Shell was also paying the costs. Its logo was everywhere, cuddling alongside National Geographic’s. The event was hijacked by Shell… Extracts from an article by Assaad W. Razzouk published by The Ecologist The annual UN Climate Talks ended on Sunday in […]

Church of England threatens to sever investments in Shell and BP

The Church of England has warned it could withdraw its investments from BP and Shell unless the oil giants take greater action to tackle climate change. Article by Tom Bawden published by The Independent Wed 10 Dec 2014: Church of England threatens to cease BP and Shell investments over climate concerns The Church of England has […]

UN climate talks call future of Big Oil into question

Financial Times article authored by Pilita Clark in Lima, 7 December 2014 UN climate talks call future of energy majors into question ExxonMobil and Shell would cease to exist in their current forms in 35 years under measures UN negotiators are considering for a legally binding global climate pact to be sealed in Paris next […]

How Church’s Leaning Toward Renewable Energy Will Affect BP and Shell

By: MICHEAL KAUFMAN Published: Dec 5, 2014 at 10:29 am EST Companies engaged in the oil businesses are increasingly in the limelight and under pressure to adopt techniques that will assure minimum carbon emissions into the environment. In a recent development, the Church of England (COE) has urged BP plc. (ADR) (NYSE:BP) and Royal Dutch […]

Church of England investors file shareholder resolutions at BP and Shell

The Church Commissioners and Church of England Pensions Board have announced this week that they are in the process of co-filing shareholder resolutions on climate change at the AGMs of two of world’s biggest oil and gas companies – BP and Shell. Church investors file shareholder resolutions at BP and Shell By Edward Mason, Church […]

Shell’s Soccer Field Greenwash

From a Forbes article by Alex Epstein: Shell’s “Footstep-Powered” Soccer Field Will Never Work Oil giant Shell claims in its #makethefuture campaign that it is promoting renewable energy and helping a poor community in Brazil by bringing it “the world’s first football pitch powered by footsteps.” It has told 1.6 million YouTube viewers and counting […]

Shell hypocrisy on climate issues

“I didn’t know Shell was sponsoring this conference when I agreed to do it, but I’m glad for the chance to say in public that Shell is among the most irresponsible companies on earth. When they write the history of our time, the fact that Shell executives watched the Arctic melt and then led the […]

ROYAL DUTCH SHELL PLC NEWS TUESDAY 09 SEPT 2014

Analysts hint at merger of Shell and BP According to an article by Keith Findlay published by energyvoice.com: “Falling fortunes at BP and Shell could force the two oil and gas giants into a “mega-merger” within a couple of years, some City analysts believe.  Some of Shell’s big shareholders are said to be frustrated by […]

Shell one of 5 Companies Al Gore Says Are Doomed

“Royal Dutch Shell is another company with a doomed oil sands project, according to the Carbon Tracker Initiative. Its Carmon Creek project needs oil prices to hit $157 per barrel in order to be profitable. On top of that, Royal Dutch Shell is seeking to drill for oil in the Arctic, which has already wasted […]

Shell’s unwelcome sponsorship of the arts

By John Donovan Earlier this year campaigners and climate activists applauded the end of the Shell Classic International series at the South Bank Centre in London.  SEE: Campaigners celebrate end of Shell’s Southbank sponsorship Protestors, including from the Shell OUT SOUNDS organisation and PlatformLondon.org strongly objected to what has been aptly described as “oil-branded concerts.” All take particular […]

The elephant in the atmosphere

Extract from an article published by economist.com on 19 July 2014: “Shell, Exxon and carbon: The elephant in the atmosphere” IN SEPTEMBER 2013 a group of institutional investors with $3 trillion of assets under management asked the 45 biggest quoted oil firms how climate change might affect their business and, in particular, whether any of […]

Greenpeace’s Lego Video Aims To End Shell Partnership

Extracts from an article by Katherine Boehrer published by The Huffington Post on 7 July 2014 Greenpeace’s most recent video targets popular toy brand Lego for its partnership with Shell. Though it begins innocently enough, panning over a Lego winter wonderland full of polar bears, wolves and icebergs, the video takes a sinister twist when […]

Shell ‘short sighted’ on climate risk – study

Extract from an article by Megan Darby published on 9 July 2014 by “Responding to Climate Change” Shell was accused of “Orwellian doublethink” in its attitude to climate change on Wednesday, as an influential think-tank published new analysis. In the latest instalment of the “carbon bubble” debate, the Carbon Tracker Initiative (CTI) highlighted flaws in […]

Shell Tackles Climate Change

Extract from an article published 1 July by Financialbuzz.com read moreLike this:Like Loading…

Weighing the Risks of Investing in Energy Companies

Extracts from an article by Stanley Reed published 11 June 2014 by The New York Times …fund managers beginning to think skeptically about fossil fuel companies — not so much because they or their clients disapprove of their activities, but because they think the securities issued by these companies may prove poor long-term investments. The […]

Quest project attracts worldwide interest

Extract from Financial Times article by Ed Crooks published 8 June 2014 Royal Dutch Shell’s Quest project does not look much like a potential saviour of civilisation. Quest is one of the world’s most advanced projects for capturing and storing carbon dioxide, and many people believe this type of technology will have to be deployed […]

BP and Shell urged to stop using shareholders’ money to fund libertarian lobby group

Extract from a This is Money/Daily Mail article by Rob Davies published 2 June 2014 BP and Shell have been urged to stop using shareholders’ money to fund a US lobby group that promotes looser gun laws and the teaching of climate change denial in schools. The oil firms are members of the secretive American Legislative […]

Oil giant says profits are assured

Extracts from an article published by Eco-Business 28 May 2014 Shell, the world’s largest oil company, believes that governments will not damage its business by taking rapid action on climate change, and says all its oil reserves will be needed and sold at a profit. In a robust reply to a recent report by the […]

Shell Says It’s Considering Climate Change Risks And Trying To Reduce Flaring In Nigeria

Extracts from a International Business Times article by Meagan Clark published 20 May 2014 Netherlands-based oil giant Royal Dutch Shell told investors in the Hague on Tuesday that the company considers climate change in its decisions and that its efforts to reduce natural gas flaring in Nigeria, a main cause of pollution in West Africa, […]

Will Pension Funds continue to risk Investment in Shell?

Extracts from a Reuters article published 19 May 2014 under the headline: Shell says fossil fuel reserves won’t be ‘stranded’ by climate regulation LONDON, May 19 (Reuters) – Royal Dutch Shell has dismissed the possibility that its proven oil or gas reserves will become unusable as a result of climate change regulation, saying fossil fuels […]