Royal Dutch Shell Plc  .com Rotating Header Image

Sakhalin II

Shell pledges Russian oil profits to Ukraine relief after backlash

The Telegraph

Shell pledges Russian oil profits to Ukraine relief after backlash

The British company defended the decision to buy oil from the country, saying it was difficult but necessary.

By Ben Gartside: 5 March 2022 • 11:51am

Shell has pledged to donate any profits it makes from discounted Russian oil to a Ukrainian disaster relief fund, following stinging criticism of its decision to keep buying tankers of crude as war rages.

Shell broke ranks with Western traders on Friday when it bought Russian crude for $28.50 a barrel less than the Dated Brent benchmark for physical oil, saving millions of pounds at a time when global prices are surging. 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 finance chief Jessica Uhl quits after oil supermajor’s move to London Jessica Uhl cites ‘family reasons’ as she steps down

Evening Standard

Shell finance chief Jessica Uhl quits after oil supermajor’s move to London

Jessica Uhl cites ‘family reasons’ as she steps down

The respected finance chief who oversaw Shell’s historic relocation to London is leaving the company after almost two decades, having decided moving her own family to the UK long-term is “not sustainable”.

Mother-of-three Jessica Uhl, who has held finance roles in London, Houston and The Hague since joining the oil super-major from Enron in 2004, will step down as CFO on March 31.

Uhl will be replaced by Sinead Gorman, a civil engineer by background who joined Shell in 1999 and steps up from her role as head of finance of its global upstream business. She will be based in London full-time. 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 Is Said to Continue Purchasing Russian Oil and Gas

Shell Is Said to Continue Purchasing Russian Oil and Gas

Laura HurstBloomberg News

(Bloomberg) — Shell Plc, Europe’s largest oil company, is continuing to purchase oil and gas from Russia in the wake of the country’s invasion of Ukraine, according to a person briefed on the matter.

The company is in discussion with governments and will comply with any changes in regulations, the person said.

The decision may help calm an oil trading and shipping market that’s become paranoid about touching Russian barrels for fear of a sanctions backlash following the invasion. The person didn’t go into details about specifics of purchases. 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 BP in pullback from Russia

FT: Shell joins BP in pullback from Russia

Shell said it would end all three of its joint ventures with Kremlin-backed Gazprom, including its 27.5 per cent stake in the huge Sakhalin-2 liquefied natural gas project…

The company’s Russia business was already contentious for some staff, not least because four Shell employees were among those killed when Malaysia Airlines flight MH17 was shot down over Ukraine in 2014.

FULL FT ARTICLE

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 intends to exit equity partnerships held with Gazprom entities

Shell intends to exit equity partnerships held with Gazprom entities

Feb 28, 2022

The Board of Shell plc (“Shell”) today announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture. Shell also intends to end its involvement in the Nord Stream 2 pipeline project.

“We are shocked by the loss of life in Ukraine, which we deplore, resulting from a senseless act of military aggression which threatens European security,” said Shell’s chief executive officer, Ben van Beurden. 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 abandons Russia and Nord Stream 2 pipeline 

The Telegraph

Shell abandons Russia and Nord Stream 2 pipeline 

Shell has pledged to sever ties with the Kremlin by exiting its joint ventures with the Russian state-backed energy colossus Gazprom.

The oil giant said it will end its tie-up with Gazprom by selling its 27.5pc stake in the Sakhalin 2 liquefied natural gas (LNG) plant and will stop working on the Nord Stream 2 pipeline project, which Germany put on ice earlier this month.

Shell’s Russian assets were valued at $3bn at the end of last year. 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 BP in selling Russian assets as pressure on Kremlin-linked firms grows

The Guardian

Shell joins BP in selling Russian assets as pressure on Kremlin-linked firms grows

British oil major to exit joint ventures with Gazprom after BP pledged to sell its 20% Rosneft stake

Rob Davies: Mon 28 Feb 2022 18.57 GMT

Shell is to exit its joint ventures with Russian state energy firm Gazprom, a day after BP said it would offload its 20% stake in Kremlin-owned oil firm Rosneft, as British businesses scrambled to distance themselves from Vladimir Putin.

The oil company said it would “exit its joint ventures with Gazprom and related entities”, which are worth about $3bn. 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 Exit from Russia

SHELL EXIT FROM RUSSIA

By John Donovan: 28 Feb 2022: 7.30 pm UK

I advised a news media source several hours ago that the prospect of a Shell exit from Russia had been discussed at the highest level of Shell.

An article has subsequently been published confirming Shell’s exit.

I had already raised the issue in a couple of article headlines I published yesterday about BP pulling out of Russia. 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 intends to exit equity partnerships held with Gazprom entities

Shell intends to exit equity partnerships held with Gazprom entities

LONDON, February 28, 2022 – The Board of Shell plc (“Shell”) today announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture. Shell also intends to end its involvement in the Nord Stream 2 pipeline project.

“We are shocked by the loss of life in Ukraine, which we deplore, resulting from a senseless act of military aggression which threatens European security,” said Shell’s chief executive officer, Ben van Beurden. 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.

BP to dump 20 percent stake in Russian oil firm Rosneft: Shell Russia Exit Next?

EXPRESS

BP to dump 20 percent stake in Russian oil firm Rosneft after Putin’s ‘acts of aggression’

OIL GIANT BP has announced that they will be offloading their stake in a Russian state-owned oil company in response to the invasion of Ukraine.

By CHARLES HARRISON

The massive oil company has announced that it will be offloading its 19.75 percent stake in Russian state-owned oil company Rosneft.

BP Chairman Helge Lund said: “Russia’s attack on Ukraine is an act of aggression which is having tragic consequences across the region.”

It has led the bp board to conclude, after a thorough process, that our involvement with Rosneft, a state-owned enterprise, simply cannot continue.

Business Secretary Kwasi Kwarteng said he had left BP’s boss with “no doubt about the seriousness of government concerns about BP’s overexposure to Russian interests” after a meeting on Friday, according to an official. 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.

BP abandons stake in Russian oil giant Rosneft: Will Shell pull out of Russia?

The Telegraph

BP abandons stake in Russian oil giant Rosneft

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.

BP pulling out of Russia? What about Shell?

BP to offload stake in Russian oil firm Rosneft

BBC Breaking News: 27 Feb 2022

BP is to offload its 19.75% stake in Russian state-owned oil firm Rosneft after Russia’s “act of aggression in Ukraine”.

The oil giant had come under pressure from the UK government to make the move since Thursday’s invasion.

It has held the shareholding in the Russian company since 2013.

BP chief executive Bernard Looney has resigned “with immediate effect” from the Rosneft board, as has fellow BP-nominated director Bob Dudley. 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 faces $1bn hit if Nord Stream 2 never opens

Shell may have to write off up to $1 billion that it has invested in the Nord Stream 2 pipeline after Russia’s invasion of Ukraine increased the likelihood that it may never be allowed to start up, analysts have warned.

The oil major has bankrolled 10 per cent of the cost of constructing the 750-mile pipeline under the Baltic Sea, which is designed to double the flow of gas from Russia directly to Germany.

The project, owned by Gazprom, the Russian state gas giant, has long been opposed by America on security grounds. Construction was completed in September, but it has not gained approval from Germany to start up. 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.

DONOVAN vs. SHELL : A 30 Years Epic battle against a corporate giant

Image Credit: KICKBACK NEWS

By John Donovan

KickBack.news, the anti-corruption website recently founded by Javier Ferrandis has published a remarkable article under the headline:

DONOVAN vs. SHELL: A 30 Years Epic battle against a corporate giant.

Extract

Disgruntled employees, interested in learning about or airing the dirty laundry of the Shell Group, or journalists, who want to find out what’s up at one of the largest corporations in the world, know that you have to start your search by simply typing royaldutchshellplc.com on your browser. 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.

Wikipedia: Royaldutchshellplc.com 1 June 2021

Replica of the Wikipedia article: royaldutchshellplc.com

As Wikipedia editors are aware, my father Alfred Donovan passed away in 2013. Since there are a number of references to him in the above Wikipedia article, I provided proof in the form of a Guardian newspaper article about Shell that mentioned his death, hoping the information would be updated. 

Strange tale of Shell’s pipeline battle, the Gardaí and £30,000 of booze

However, the several years out of date information remains and the supply of the information politely supplied triggered a negative response within 20 minutes. 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.

Russia’s Gazprom, Shell ink 5-year ‘strategic’ deal

Russia’s Gazprom, Shell ink 5-year ‘strategic’ deal

By New Europe Online/KG: PUBLISHED 21:57 MARCH 17, 2021

Gazprom and Royal Dutch Shell signed on March 16 an Agreement of Strategic Cooperation for a five-year period, the Russian gas giant said.

The signing ceremony was held via a video link in the presence of Gazprom CEO Alexey Miller and Shell CEO Ben van Beurden.

The newly signed document, which expands the interaction between the two companies, focuses on research of energy markets, implementation of projects along the entire value chain, cooperation in digitalization of technologies, and reduction of greenhouse gas emissions, Gazprom said. 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.
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.