Royal Dutch Shell Plc .com Rotating Header Image

Daily Mail

Shell boss rakes in £7million in shares thanks to the cost of living crisis after the oil and gas giant recorded £12billion profits

Feb 6th, 2022
by John Donovan.
Comments are off for this post

Daily Mail: MailOnline

Shell boss rakes in £7million in shares thanks to the cost of living crisis after the oil and gas giant recorded £12billion profits

“He described Mr van Beurden as ‘yet another greedy oil corporation boss profiteering from the misery inflicted by rocketing energy costs’.”

  • Ben van Beurden, 63, has seen the value of his shares skyrocket amid price hikes
  • The CEO has received £71 million in pay and bonuses since taking the job
  • The spike helped the energy giant Shell to unveil a 14-fold increase in profits 

By ALEX LAWSON SENIOR CITY CORRESPONDENT FOR THE MAIL ON SUNDAY

PUBLISHED: | UPDATED: 

The chief executive of Shell has been criticised after his firm cashed in on the cost of living crisis – leaving him with a lucrative windfall. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Energy giant Shell posts ‘momentous’ £12BILLION profits as millions face soaring bills and cost-of-living crisis

Feb 3rd, 2022
by John Donovan.
Comments are off for this post

Daily Mail: MailOnline

Energy giant Shell posts ‘momentous’ £12BILLION profits as millions face soaring bills and cost-of-living crisis

By MARK DUELL FOR MAILONLINE and JASON GROVES and SEAN POULTER FOR THE DAILY MAIL: PUBLISHED: | UPDATED: 

Shell has increased its profits nearly fourteen-fold to £12billion amid soaring oil and gas prices – with the energy giant revealing a bumper three months on the same day that the UK price cap is set to rise by around £650. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Experts warn Shell and BP could find it ‘impossible’ to work in Russia if it invades Ukraine

Jan 29th, 2022
by John Donovan.
Comments are off for this post

Experts warn Shell and BP could find it ‘impossible’ to work in Russia if it invades Ukraine

  • Western countries have threatened to impose crippling sanctions on Moscow 

  • US, UK and EU are drawing up plans to hit Russian gas projects with curbs

By FRANCESCA WASHTELL FOR THE DAILY MAIL

PUBLISHED: | UPDATED: 

Shell and BP could find it ‘impossible’ to work in Russia if it invades Ukraine, experts have warned.

Western countries have threatened to impose crippling sanctions on Moscow after it began building up troops on the Ukrainian border.

 Analysts said soaring oil prices could cushion the blow for Shell, BP and other firms affected by the rules. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil giant Shell returns $5.5bn to shareholders as profits rise after it cashes in on rising gas prices

Jan 7th, 2022
by John Donovan.
Comments are off for this post

This is Money

Oil giant Shell returns $5.5bn to shareholders as profits rise after it cashes in on rising gas prices

  • Profits at its gas trading division to be ‘significantly higher’ in the last quarter 
  • It will return remaining $5.5bn proceeds from the sale of its US shale business 
  • Shell due to report its results on 3 February, days before Ofgem announcement 

By CAMILLA CANOCCHI FOR THISISMONEY.CO.UK

PUBLISHED: | UPDATED: 

Royal Dutch Shell expects profits at its gas trading division to be ‘significantly higher’ in the last quarter of 2021 as it cashes in on rising prices.

The oil giant also said it would go ahead with its plan to return $5.5billion to shareholders through share buybacks after the sale of its US shale business. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil major switches sides: Shell’s UK move is a big plus for the City post-Brexit, says ALEX BRUMMER

Nov 16th, 2021
by John Donovan.
Comments are off for this post

This is MONEY

Oil major switches sides: Shell’s UK move is a big plus for the City post-Brexit, says ALEX BRUMMER

By ALEX BRUMMER FOR THE DAILY MAIL

PUBLISHED: | UPDATED: 

Shell’s decision to sacrifice its ‘Royal Dutch’ designation and unify its domicile in London is epoch-making.

It is a big plus for the City post-Brexit, even if there are green campaigners who will find the increased presence of an oil major in the UK a cause for disquiet. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell moves its HQ to London from the Netherlands and plans to scrap ‘Royal Dutch’ from its name

Nov 15th, 2021
by John Donovan.
Comments are off for this post

Minister hails ‘vote of confidence’ for Brexit Britain as Shell moves its HQ to London from the Netherlands and plans to scrap ‘Royal Dutch’ from its name

  • Kwasi Kwarteng said decision – subject to a vote – would ‘create jobs’ in Britain
  • Board meetings and senior executives will move to London in boost for capital 
  • Decision follows lawsuit by climate activists to force Shell to slash emissions 

By RORY TINGLE, HOME AFFAIRS CORRESPONDENT FOR MAILONLINE

PUBLISHED: | UPDATED: 

Oil giant Shell today announced it will move its headquarters and tax residence to the UK and drop ‘Royal Dutch’ from its name for the first time in 130 years.

The decision was hailed as a ‘clear vote of confidence in the British economy that will ‘create jobs’ by business secretary Kwasi Kwarteng. The firm pays hundreds of millions of pounds worth of taxes every year, which will now go to the Treasury. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

‘Activist’ Billionaire hedge fund manager Daniel Loeb buys $500m stake in Royal Dutch Shell and demand it splits in two to focus on renewable energy

Oct 28th, 2021
by John Donovan.
Comments are off for this post

‘Activist’ Billionaire hedge fund manager Daniel Loeb buys $500m stake in Royal Dutch Shell and demand it splits in two to focus on renewable energy

  • Billionaire hedge fund manager Daniel Loeb, head of Third Point LLC, has acquired $500million in shares of Royal Dutch Shell PLC 
  • In a letter obtained by The Wall Street Journal the firm has demanded that the oil major to separate into two separate entities 
  • One would include Shell’s legacy businesses and provide steady cash flow while the other would house renewables and other units needing more investment 
  • Third Point’s suggestions come after Exxon shareholders elected a third director nominated by activist hedge fund Engine No 1 to the energy company’s board
  • Alexander Karsner, a senior Google strategist, joins environmental scientist Kaisa Hietala and former Andeavor CEO Gregory Goff on the 12-person board 

By SHANNON THALER FOR DAILYMAIL.COM

PUBLISHED: | UPDATED: 

A billionaire hedge fund manager has acquired a large stake in Royal Dutch Shell PLC and is demanding that the oil major to separate into two separate companies.

Daniel Loeb’s Third Point LLC is pushing for the separation to attract new investors and hold on to current ones as many have sold their shares over concerns that Shell is not environmentally friendly.

According to The Wall Street Journal the activist hedge fund’s stake in Shell is worth more than $500million and is one of Shell’s largest investors. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Big Oil’s climate change revolt

May 27th, 2021
by John Donovan.
Comments are off for this post

DAILY MAIL: MailOnline

Big Oil’s climate change revolt: In just one day green activists win seats on Exxon board, Chevron investors demand emission cuts and court orders Shell to slash carbon

  • Top US and European oil companies had startling developments on Wednesday
  • Activist investor hedge fund won two seats on the board of Exxon Mobil
  • Gregory Goff and Kaisa Hietala will now join Exxon’s 12-member board
  • Chevron shareholders also voted in favor of a proposal to cut emissions 
  • Dutch court ordered Royal Dutch Shell to drastically deepen carbon cuts 

By KEITH GRIFFITH FOR DAILYMAIL.COM and REUTERS

PUBLISHED: | UPDATED: 

Some of the world’s biggest oil companies are facing stark pressure from activists concerned about climate change, prompting a string of startling developments on Wednesday.

At Exxon Mobil, an activist hedge fund won two board seats, while Chevron investors voted to force the company to cut emissions and a Dutch judge order Shell to drastically cut carbon. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Funds heavyweight LGIM joins shareholder revolt against Shell’s plans to curb carbon emissions because they ‘don’t go far enough’

May 25th, 2021
by John Donovan.
Comments are off for this post

Funds heavyweight LGIM joins shareholder revolt against Shell’s plans to curb carbon emissions because they ‘don’t go far enough’

  • Legal & General’s asset management arm LGIM said Shell plans not ‘credible’ 
  • LGIM part of 30% to back resolution by shareholders activist group Follow This
  • Follow This urged Shell to set ‘inspirational’ targets to battle emissions
  • Another UK asset manager – Sarasin & Partners – also piled pressure on Shell and BP, saying that they were not ‘serious’ about hitting net-zero emission targets 

By CAMILLA CANOCCHI FOR THISISMONEY.CO.UK

PUBLISHED: | UPDATED: 

Legal & General’s asset management arm has emerged as one of the investors to have voted against Royal Dutch Shell’s climate plans last week.

While acknowledging that some progress was being made, LGIM said today that the oil major’s targets to reduce carbon emissions and oil and gas production lack credibility and fall short of tackling climate breakdown. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil giant Royal Dutch Shell says it will take a £145m first-quarter hit from Texas freeze that left nearly 200 dead

Apr 7th, 2021
by John Donovan.
No comments yet

Oil giant Royal Dutch Shell says it will take a £145m first-quarter hit from Texas freeze that left nearly 200 dead

  • Severe freezing weather hit Texas in February this year triggering many deaths
  • Millions of people were also left without power and Shell’s operations were hit 

By JANE DENTON FOR THISISMONEY

PUBLISHED: | UPDATED: 

Royal Dutch Shell has warned that the severe winter storm in Texas earlier this year looks set to hit its bottom line for the fist quarter.

In February, a snowstorm swept across Texas and swathes of North America, knocking out sections of the former’s electricity grid, leaving millions without power and nearly 200 people dead. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Big oil goes green: Shell buys electric car charging company as BP cuts back on its exploration arm

Jan 27th, 2021
by John Donovan.
No comments yet

Big oil goes green: Shell buys electric car charging company as BP cuts back on its exploration arm

By MARK SHAPLAND FOR THE DAILY MAIL: PUBLISHED: | UPDATED: 

Two of Britain’s largest oil producers have taken major steps in their battle to go green.

BP has dismantled its century old exploration team, cutting the division to less than 100 employees from over 700 just a few years ago.

And rival Shell bought Ubitricity, the largest electric vehicle charging network in the UK. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

City investors deserting oil giants

Nov 1st, 2020
by John Donovan.
No comments yet

City investors deserting oil giants 

By HARRIET DENNYS, FINANCIAL MAIL ON SUNDAY

PUBLISHED: | UPDATED: 

Fund titans blacklist BP over green shift: Fidelity among City investors deserting oil giants – as clean energy plans fuel profit fears

  • BP and Shell are undergoing the biggest restructurings in their histories, shedding a total of 19,000 jobs globally 
  • Both have committed to cutting the carbon footprint of the oil and gas they produce to net zero by 2050

EXTRACTS:

BP and Shell are undergoing the biggest restructurings in their histories, shedding a total of 19,000 jobs globally. Both have committed to cutting the carbon footprint of the oil and gas they produce to net zero by 2050.

BP chief executive Bernard Looney said in August that his company is shifting to a low-carbon business because ‘the energy mix is changing’, with greater demand from customers for cleaner fuels. The pandemic has made the shift more urgent as global oil prices and demand have collapsed further. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Should you ditch energy giants as the age of oil ends?

Sep 27th, 2020
by John Donovan.
No comments yet

Should you ditch energy giants as the age of oil ends? Or try to clean up as they go green?

By RACHEL RICKARD STRAUS, FINANCIAL MAIL ON SUNDAY

PUBLISHED: | UPDATED: 

There has been talk of the demise of oil and gas for decades. But you know that things are getting serious when even the boss of oil giant BP, Bernard Looney, warns that demand for oil may peak in the next few years and then decline.

The so-called energy transition from fossil fuels to renewables is gaining momentum. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell joins other oil giants in slashing spending after coronavirus and ‘oil war’ between Russia and Saudi Arabia causes prices to collapse

Mar 23rd, 2020
by John Donovan.
No comments yet

Royal Dutch Shell has announced it is planning to save at least $8billion in the coming year following the huge fall in oil prices.

The world’s ninth-largest company by revenue says capital expenditures are to be scaled back by $5billion. At the same time, underlying operating costs will be cut by at least $3billion to help cope with the impact of the coronavirus.

It still plans to go ahead with their $10billion divestment programme but have cancelled the next tranche of their share buyback programme. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

IN THE MONEY: Shell boss Ben van Beurden pocketed £8.7m last year despite taking a 51% pay cut

Mar 13th, 2020
by John Donovan.
No comments yet

By DAILY MAIL CITY & FINANCE REPORTER: PUBLISHED: | UPDATED:

Shell’s boss’s pay was cut in half in 2019.

The FTSE 100 energy business said Ben van Beurden was paid £8.7million last year – a 51 per cent drop on 2018. 

It came after a year when seven people died while working for the company and its turnover dropped.

Van Beurden has been chief executive since 2014. 

His base salary was around £1.4million and he received more than £6million from a long-term performance share plan.  read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Daily Mail: Shell pays BBC Radio 1 DJ Greg James £100,000 to front campaign plugging the oil company’s ‘green’ credentials

Mar 2nd, 2020
by John Donovan.
No comments yet

Radio 1 DJ Greg James was paid £100,000 by oil giant Shell to front an online campaign which plugged the company’s ‘green’ credentials.

The Breakfast Show presenter, who is paid £229,999 a year by the BBC, is the latest star to be accused of cashing in on their public profiles by moonlighting for corporate firms.

The 34-year-old, who broadcasts to around 5.6 million listeners each Monday to Thursday, fronted a five-part series for Shell called The Great Travel Hack.

The Top Gear-style programme followed two teams of competitors racing from London to Istanbul while using environmentally friendly vehicles. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
← Earlier Posts Newer Posts →
Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.