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Shell’s New North Sea Strategy: Drill, Merge, Dodge, Repeat

Shell — the world’s favourite greenwashing juggernaut — is once again proving that its true superpower isn’t drilling oil. It’s drilling holes in the tax system. It’s merger mania, and while executives claim it’s about “scale” and “flexibility in a declining basin,” every tax lawyer and banker worth their bonus knows the real prize: huge future profits with minimal tax bills.

Posted By John Donovan: 15 April 2025

In a move that would make even the most shameless tax accountant blush, Shell and its oily comrades have been busy merging their way out of billions in tax liabilities across the North Sea — all while crying about how unfair their taxes are.

Because when you’re one of the most profitable polluters on Earth, nothing screams “innovation” like ducking your fiscal responsibilities through creative accounting.

💸 Mergers That Smell Like Money (Saved)

Here’s the scheme — sorry, “strategy” — in action: read more

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

Shell’s Venezuelan Gas Gamble Implodes — But Don’t Worry, the Dividends Are Still Flowing!

Trump Yanks Licenses. Shell Shrugs. BlackRock Still Gets Paid. The Planet? Not So Lucky.

Just when you thought the fossil fuel absurdity couldn’t dig any deeper, the Trump Administration comes through with another shovel — this time revoking key gas project licenses for Shell, , and Chevron in Venezuelan waters.

Yes, that’s right: Shell’s dream of extracting gas from Venezuela’s Dragon field and piping it into Trinidad and Tobago’s export terminals is now on pause — or, if history teaches us anything, permanently flushed down the crude-soaked toilet of geopolitical fantasy. read more

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

Shell Sinks Another Oil Field Into the Gulf of America, Calls It “Lower-Carbon”

Deep Water, Deeper Denial: Shell Touts New Oil Bonanza While Pretending It’s a Climate Solution

BREAKING: Shell has struck again — not in court, not in a human rights investigation, but 7,500 feet under the Gulf of Mexico, where the planet’s least-needed project just came online: Dover, a lovely little climate time-bomb producing up to 20,000 barrels of oil equivalent per day.

Yes, Shell is back at it, extracting hydrocarbons with a smile, calling it “lower carbon” because… well, it’s not from coal, and that apparently counts for something in ESG bingo.

“Shell continues to unlock more value from the prolific basins in our portfolio,” read more

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

Shell Shocker: “Oops, We Broke the Planet (Again), But Don’t Worry, Trading’s Fine”

🤡 Unplanned Maintenance, Cyclones, and a Whole Lot of Fossil Fuel Fantasy

Just when you thought Shell Plc might start taking the climate crisis seriously, they drop a fresh load of fossil-fueled optimism—while their gas output slumps and their climate credibility melts faster than Arctic ice in a heatwave.

In a new “trading update” (read: PR gloss-over), Shell confessed that natural gas and LNG production in the first quarter of 2025 was—gasp!lower than expected. The reason? Oh, just some “unplanned maintenance” in Australia and “cyclones.” You know, the kinds of weather events that are becoming more frequent because of companies like Shell. read more

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

Irina Woodhead: The Whistleblower Shell Couldn’t Silence

Shell Games: Oil Slicks, Exploding Death Boats, and the Whistleblower They’d Rather You Forget

Here we go again. Shell—the ethical oil behemoth that brought you climate chaos, fiery floating gas factories, and ocean-wide slicks the size of small countries—is under fire once more. And what do you know? It’s not just a fluke or a rogue pipe. It’s a pattern. A very expensive, very dangerous, and very preventable pattern of catastrophic negligence—and the people trying to stop it keep getting burned. Literally and professionally.

The Bonga Spill: “Oops” Doesn’t Quite Cover It

Let’s rewind to December 2011. Off the coast of Nigeria, Shell’s pride and joy, the Bonga FPSO (Floating Production Storage and Offloading vessel), decided it was time to vomit 40,000 barrels of crude oil into the Atlantic. Over 685 square miles of shimmering disaster followed, making it one of Nigeria’s worst spills in a decade. Shell took hours to stop the leak after their crew noticed that more oil was disappearing than arriving. Genius. read more

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

WTF Is Shell Whining About Now? Australia Dares Suggest Gas Should Help Australians—Cue Oil Giant Meltdown

Enter Irina Woodhead, a former Shell technical safety engineer who had the audacity to suggest that maybe—just maybe—ignoring safety protocols on a floating gas bomb was a bad idea. She raised concerns about Prelude’s emergency protocols, only to be shown the door faster than you can say “whistleblower retaliation.

Ah, Shell. The oil-stained poster child of unhinged corporate greed, environmental catastrophe, and staggering audacity. Alongside its equally charming BFFs ExxonMobil and Chevron, Shell is now losing its ever-loving mind over a radical, totally outlandish proposal: that some of the gas they’re hoarding and shipping offshore might actually be used to keep Australians warm and the lights on.

You know, in Australia. Where the gas comes from.

But don’t worry, Shell’s top brass is here to explain why that’s a very bad idea—for them, obviously. read more

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

Shell-Shocked: When Even a Ruthless Hedge Fund Bets Against Big Oil’s Greediest Villain

Ah, Shell—the oil-slicked titan of greed, pollution, and profit-before-planet whose moral compass seems to point straight to the nearest offshore tax haven. You’d think this global goliath of carbon chaos would be comfortably lounging atop its pile of petrodollars. But no, even they aren’t safe from Wall Street’s cold, calculating buzzards. Enter Elliott Management: the hedge fund equivalent of a vulture on steroids, now circling Shell like it’s a wounded gazelle.

Yes, Elliott—Paul Singer’s merciless American juggernaut of “activist investing” (read: financial warfare)—has just shorted Shell to the tune of £850 million. That’s 0.5% of Shell’s stock, making it the biggest short against the FTSE 100 oil giant in nearly a decade. When Elliott smells weakness, it doesn’t just poke the bear. It sells the bear’s fur in advance and sues the forest. read more

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

Shell & BP’s “Capital-Light” Climate Hustle: Why Save the Planet When You Can Trade Around It?

Hold onto your lungs, folks—Shell and BP are back at it with their latest climate cosplay. Yes, the world’s favorite carbon barons have decided they still kinda want a piece of the “clean energy” pie—not to save the planet, of course, but because it gives them a juicy trading advantage. Welcome to the age of “capital-light” climate action, where you don’t have to build anything meaningful—you just trade electrons and slap a green label on it.

Shell, that bastion of environmental virtue (ahem), is now leaning into what CEO Wael Sawan proudly calls a “capital-light business model” for renewables. Translation: we’ll let other people build the stuff while we swoop in to make money off the volatility. Shell will “make use of project financing where it makes sense and work with partners,” said Sawan at the New York Stock Exchange, presumably while clutching a reusable water bottle for ESG optics. read more

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

Shell CEO Bravely Warns That Doing More Deals Might Distract From Already Destroying the Planet Efficiently

Ah yes, Shell, the beloved oil-soaked darling of Vanguard and BlackRock, has once again graced us with its unshakable moral compass—pointing steadily toward short-term shareholder returns and long-term planetary combustion.

This week, Shell CEO Wael Sawan, live from the hallowed halls of the New York Stock Exchange (because nothing screams “saving the Earth” like ringing the bell on Wall Street), solemnly declared that while Shell is always hunting for acquisitions like a fossil-fueled velociraptor, going for a big one—say, cough, BP—might be a “distraction.” read more

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

Shell’s “Successful Failure”: Still Failing, But With Even Bigger Bonuses

CEO Wael Sawan says his strategy is working — if you define ‘working’ as slashing renewables, kneeling to Wall Street, and praying the Trump administration sticks around.

Shell — the fossil-fueled titan that never met a barrel of oil it didn’t want to burn — has declared its latest strategy a “successful failure.” Which is corporate code for: We didn’t achieve what we said we would, but we did make rich people richer, so that counts, right?

Two years into CEO Wael Sawan’s so-called “10-quarter sprint” to remake Shell into a leaner, meaner profit machine, the results are in: read more

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

Shell CEO Bags $11 Million for a Year of Declining Profits and Climate Damage

Wael Sawan gets a raise for overseeing a 16% drop in profit. Meanwhile, the planet’s on fire, and Shell’s investors couldn’t be happier.

Ah, capitalism — where performance is optional, but payouts are guaranteed. Just ask Wael Sawan, Shell’s CEO and proud captain of the SS Planet-Burner, who just walked away with a cool £8.6 million ($11.1 million) pay package for 2024.

That’s up from £7.9 million the year before — because nothing screams “well done” like a 16% drop in profit.

Let’s review the numbers, shall we? Shell reported $23.7 billion in profit for 2024 — down from the year before thanks to (gasp) weaker oil and gas prices and a slight dip in demand. But don’t worry! The board wasn’t going to let something like reality get in the way of a good bonus. read more

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

Shell to Britain: “Give Us BP or We’re Moving to Wall Street”

Nothing screams patriotic corporate loyalty like threatening to ditch your home country for better tax breaks and oil-soaked handshakes in Trump’s America.

Shell — global climate villain and gold medalist in greenwashing — is once again proving that when you’re Europe’s biggest oil giant, the only thing more bloated than your balance sheet is your ego.

The company is now considering (read: publicly dangling) the idea of delisting from the London Stock Exchange and fleeing to the New York Stock Exchange, where oil executives are still treated like gods instead of environmental pariahs.

Shell CEO Wael Sawan, whose idea of energy transition is “less wind, more gas,” is apparently sick and tired of those pesky British investors not worshipping Shell’s “financial performance” — i.e. record profits extracted from the overheating planet. read more

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

Shell-Shocked: FERC Tells Oil Giant to Sit Down and Shut Up in LNG Tantrum

Shell — the cuddly face of fossil fuel finesse. The benevolent, planet-loving oil titan that brought you a century of greenhouse gases and quarterly profits fatter than a deep-fried oil rig. But this time? The U.S. Federal Energy Regulatory Commission (FERC) wasn’t buying their entitlement routine.

In what can only be described as an institutional eye-roll, FERC sided with Venture Global LNG Inc., ruling that the company is not obligated to serve Shell all non-public documents going forward. Translation: just because Shell’s used to throwing its corporate weight around doesn’t mean it gets VIP access to everything behind the curtain.

This all stems from Shell’s never-ending hissy fit over Calcasieu Pass — Venture Global’s LNG plant in Louisiana — where Shell is a paying customer. They demanded access to internal, non-public documentation because nothing says reasonable corporate conduct like shouting “transparency!” while investing billions in planet-charing energy. read more

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

Shell + BP: The UK’s Favorite Oil Villains and Their Spying Side Hustle

Ah, the latest thrilling instalment in the saga of the UK’s most ruthless polluters—Shell and BP! This time, the British government might need one villain to rescue the other. Because when your country’s energy strategy revolves around two corporate behemoths that specialise in environmental destruction, economic extortion, and good old-fashioned espionage (hi, Hakluyt!), what could possibly go wrong?

Let’s start with BP—currently flailing like a fish on an oil-slicked shoreline. After its spectacular failure to pivot from fossil fuels to renewables (who could’ve guessed that wasn’t done in good faith?), BP’s stock is circling the drain. CEO Murray Auchincloss’s brilliant plan to double down on oil and gas has failed to excite investors, and hedge fund shark Elliott Management now holds a 5% stake, sniffing around for a board shake-up and even more brutal cost-cutting.

Meanwhile, rumours abound that BP could be scooped up by an American oil giant or a Gulf national oil company. Because, sure, when a British corporation becomes a liability, the logical move is to sell it to the highest international bidder. And why not? BP still has prime assets worldwide—shale basins in the U.S., Gulf of Mexico drilling, operations in Brazil, the North Sea, and the Middle East, not to mention its trading business and retail brand. Last year, it cranked out 2.36 million barrels of oil per day, generating a cool $8.9 billion in net profit. What’s not to love? read more

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

Shell’s Bold New Plan: Do Nothing and Keep Cashing In

Investors hoping for something even remotely resembling a conscience will be sorely disappointed.

Ah, Shell—the oil-soaked corporate darling of BlackRock, Vanguard, and State Street—has a thrilling new strategy: staying the course and raking in profits while the planet burns. According to RBC, Shell’s upcoming March 24 strategy update isn’t expected to bring any big surprises, because why change a thing when you’re already swimming in billions?

Shell’s grand master plan? More cost-cutting, fewer green investments, and an unwavering commitment to its liquefied natural gas (LNG) empire. Investors hoping for something even remotely resembling a conscience—perhaps divesting from its chemicals division—will be sorely disappointed. RBC thinks that’s unlikely in the short term. Translation: Shell will continue flooding the world with petrochemicals and plastic waste for the foreseeable future. read more

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

Prelude FLNG: Shell’s $17.5 Billion Disaster Gets Another ‘Turnaround’—Because the First One Worked So Well

Stop the presses—Shell is once again “fixing” Prelude FLNG, the world’s most expensive floating LNG catastrophe. Yes, the very same Prelude that has lurched from one disaster to another since production began in 2018. The plan? A leadership shake-up, mass restructuring, and yet another grand vision: Turnaround 2026. Because when all else fails, slap a new label on the mess and hope investors don’t notice. If history is any guide, don’t hold your breath—unless you’re on Prelude, in which case, you might want to really avoid breathing in those unvented hazardous gases.

Prelude, Shell’s $17.5 billion floating headache, was supposed to be a marvel of engineering. Instead, it’s been a slow-motion trainwreck of operational failures, safety nightmares, and regulatory smackdowns. The company has already confirmed the departure of long-serving Asset Manager Peter Norman, but, surprise—no successor has been named. Meanwhile, a quiet exodus of senior figures, including Operations Manager Andrew Harvey and Offshore Installation Manager Kerry Lambert, is underway. read more

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