Royal Dutch Shell Plc  .com Rotating Header Image

Posts under ‘Climate Change’

Shell News 11 July 2017

Energy transition chatter should go beyond Western viewpoints, says Shell CEO: International Business Times: 11 July 2017

Discussions over the global energy mix and the transition to a low carbon global economy should not only focus on Western perspectives, according to Royal Dutch Shell’s chief executive officer Ben van Beurden. READ MORE

Shell Mulls LNG-Hub Network as Use by Ships and Trucks Expands: Bloomberg: 11 July 2017

Shell is studying developing a global network of liquefied natural gas supply hubs for vehicles including ships, Steve Hill, executive vice president for gas and energy marketing and trading, said Monday at the World Petroleum Congress in Istanbul. READ MORE

Oil majors among top contributors to greenhouse emissions, report says: EnergyVoice.com: 11 July 2017

More than half of global industrial emissions can be traced back to just 25 corporate and state producing entities, the report says. China, India and Russia’s coal industries and major oil and gas players like Saudi Aramco, Gazprom, ExxonMobil, BP and Shell are among those named in the paper from CDP, formerly the Carbon Disclosure Project. READ MORE read more

More Shell News 10 July 2017

Shell Plans to Spend $1 Billion a Year on Clean Energy by 2020: Bloomberg: 10 July 2017

Royal Dutch Shell Plc plans to spend as much as $1 billion a year on its New Energies division as the transition toward renewable power and electric cars accelerates. READ MORE

Shell No.9 in Top 100 greenhouse gas emitters since 1988 read more

Shell News Update 8 July 2017

It’s a world of worry for oil companies: Houston Chronicle: 8 July 2017

Some oil companies have made moves to brace for a future in which oil plays a diminishing role. Many are increasing investments in the production of natural gas, the fuel of choice for generating electricity, and some are investing in renewables. BP, for example, operates a wind farm in West Texas. In June, Royal Dutch Shell announced it plans to acquire MP2 Energy…  Read More

Nigeria Delta Communities Demand Stake in Ex-Shell Oil Block: Bloomberg: 8 July 2017

A group of communities in Nigeria’s Niger River delta demanded a stake in an oil block it said it was promised when Royal Dutch Shell Plc sold its share to a local company six years ago. Read More read more

Shell News Update 5 July 2017

Qatar signals LNG price war for market share in Asia: Reuters: 5 July 2017

U.S. and European oil majors such as Royal Dutch Shell and Chevron have invested huge sums over the last decade – often more than they have spent on oil – in an attempt to dominate the LNG market, especially through mega-projects in Australia such as Chevron’s Gorgon or Shell’s Prelude.

Oil majors lost $115 billion in market value since April: OilPrice.com: 5 July 2017

ExxonMobil, Chevron, Total, Royal Dutch Shell, and British Petroleum are the five biggest players on the index, which includes 85 other majors. Together, they have lost $115 billion in market value since the beginning of April, Bloomberg reports, according to World Oil. read more

Royal Dutch Shell Climate Change News

Shell endorses climate task-force recommendations: UPI 29 June 2017

The first in the industry, Royal Dutch Shell said it’s aligned with a transparency measure on climate steered by former New York Mayor Michael Bloomberg.

Shell boss backs G20 call to come clean on climate risks: The Telegraph 29 June 2017

Royal Dutch Shell boss Ben Van Beurden has joined over 100 major companies to back calls from a G20 taskforce for the world’s largest companies to come clean on the financial impact of climate change. read more

More Shell News 27 June 2017

Shell Signs Agreement for Biofuel Technology: CISION: 27 June 2017

CALGARY, June 27, 2017 /CNW/ – Royal Dutch Shell plc, through its subsidiary Shell International Exploration and Production B.V. (“Shell”), and SBI BioEnergy Inc. have reached an agreement granting Shell exclusive development and licensing rights for SBI’s biofuel technology. Edmonton-based SBI has a patented process that can convert a wide range of waste oils, greases and sustainable vegetable oils into lower carbon drop-ins for diesel, jet fuel and gasoline.

Russia’s Pipeline Play Has Eastern Europe On Edge: OilPrice.com: 27 June 2017

If completed, the pipeline would give Russia more than fifty percent of the Germany gas market and potentially increase its share of markets throughout Central and Western Europe. The pipeline is set to be completed in 2019 and is supported by joint-funding from five European energy companies, including Royal Dutch/Shell, Uniper and ENGIE. read more

Shell News Update 21 June 2017

Oil firms could waste trillions if climate targets reached: report: Reuters: 20 June 2017

Oil giants including Exxon Mobil and Royal Dutch Shell risk spending more than a third of their budgets by 2025 on oil and gas projects that will not be feasible if international climate targets are to be met, a thinktank says.

Global oil price falls to nine-month low as oversupply fears mount: The Independent: 21 June 2017

A number of producers – notably Iraq, Saudi Arabia and Russia – have aggressively ramped up output…

Norway opens up record 93 blocks for Arctic oil exploration: Financial Times: 21 June 2017

Norway has infuriated environmental groups by opening up a record number of blocks in the Arctic for oil exploration. Environmental groups, emboldened by their success ending Royal Dutch Shell’s drilling off Alaska, are stepping up protests against Oslo. read more

Shell News Update 20 June 2017

Collapsing oil prices could fall into the $30s before the selling stops, analysts say: CNBC: 20 June 2017

Oil prices could slide back into the $30s per barrel before the sell-off ends and prices stabilize, analysts said, bringing pain to both OPEC and its archrival — the U.S. shale industry.

Exxon, BP and Shell back carbon tax proposal to curb emissions: The Guardian: 20 June 2017

In a full-page newspaper ad on Tuesday, the companies called for a “consensus climate solution that bridges partisan divides, strengthens our economy and protects our shared environment”. Exxon and the others were listed as founding members of the plan…

Shell Nigeria considering investment in gas project in Niger Delta: Reuters: 20 June 2017

Osagie Okunbor, managing director of Shell Petroleum Development Company of Nigeria (SPDC), said the project under consideration would have a capacity of 300 million cubic feet and would be located in the city of Asa. read more

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. read more

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. read more

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. read more

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. read more

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. read more

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. read more

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. read more

%d bloggers like this: