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Bonga Bonanza: Shell Grabs a Bigger Slice of Nigeria’s Deep-Water Pie—And the Liabilities Too

What just happened (and why Shell’s grinning)

Nigeria’s oil regulator has approved a $510 million deal for TotalEnergies to sell its entire 12.5% stake in OML 118 (home of the Bonga deep-water field) to Shell and Agip. Total will offload 10% to Shell for $408m and 2.5% to Agip for $102m. Result: Shell’s stake rises to 67.5%, doubling down on offshore Nigeria after dumping its messy onshore assets to Renaissance. The regulator’s exact words:

SNEPco and NAE have demonstrated both technical and managerial competence to optimally contribute to the upstream operations in OML 118.”  read more

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Shell Buys a Bigger Piece of Nigeria’s Misery – With Extra Crude on Top

In a move that can only be described as heroically tone-deaf, Royal Dutch Shell — the planet’s favourite petrochemical pariah — has decided it simply doesn’t own enough of Nigeria’s oil-drenched legacy. So, with the grace of a vulture buying a bigger piece of a rotting carcass, Shell is snapping up TotalEnergies’ 12.5% stake in Nigeria’s Bonga deep-water oil field for a smooth $510 million.

Because why settle for 55% when you can control 67.5% of an operation steeped in environmental degradation, political manipulation, and the lingering scent of gas flares and grief? 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 invests in the Gato do Mato project in Brazil’s pre-salt

Shell’s Jungle Cat Pounces: 370 Million Barrels of Oil, and a Big Middle Finger to the Climate.  Because if you’re Shell, “Net Zero” means “Not Now, Thanks.”

Shell — the undisputed heavyweight champion of climate double-speak — has decided it’s time to fire up the oil pumps again. This time, they’re heading to the deep waters off Brazil’s coast to claw 370 million barrels of oil out of a field charmingly called “Gato do Mato,” or “jungle cat.” How cute.

Yes, the same Shell that floods its website with talk of “Net Carbon Intensity” and “clean energy” is now purring with delight over its latest fossil frenzy in the pre-salt region of the Santos Basin, an offshore zone so deep it practically requires a submarine and a prayer to reach. 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 Billion-Dollar Fossil Fuel Hustle: How to Profit Off a Crisis and Call It ‘Business’

Another Multi-Billion Dollar Greed Fest

Well, well, well—what do we have here? Another day, another obscene oil and gas deal where Shell, the world’s favorite villainous polluter, and its partner TotalEnergies, have secured a cozy little $3 billion agreement with Egypt. Why? Because when it comes to squeezing every last drop of fossil fuel out of the planet and keeping the cash registers at BlackRock (one of Shell’s biggest investors) cha-chinging, there’s simply no such thing as “enough.”

Egypt, facing an energy crisis after domestic gas production hit a seven-year low, has been forced to go cap in hand to the same greedy fossil fuel barons who help keep nations addicted to their dirty products in the first place. The deal? A sweet 60 cargoes of liquefied natural gas (LNG) to keep the country running through 2025. Of course, Shell was too busy counting its blood money to comment when Reuters asked. TotalEnergies? Also mysteriously silent. Egypt’s petroleum ministry? Probably busy drafting its next desperate plea for more overpriced gas. 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 Dumps $2.4 Billion Nigerian Assets, Doubles Down on Deepwater Destruction

Posted by John Donovan: 19 Dec 2024

Well, isn’t this just rich. Shell Plc, the oily overlord of environmental devastation, has finally managed to offload $2.4 billion worth of Nigerian assets to Renaissance Group, after being given the go-ahead by Nigeria’s oil minister. You know, the same oil minister who, just two months ago, hit the brakes on Shell’s attempt to bail on its onshore and shallow-water operations in the Niger Delta. But apparently, a couple of months—and maybe a few “persuasive” conversations—were all it took for Shell to get the approval it needed. 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 and Friends: Saving the World with $500 Million Pennies While Burning Billions in Fossil Fuels

Posted by John Donovan: 18 Nov 2024

In a PR move so brazen it could make even the most hardened spin doctor blush, Shell has teamed up with BP, Equinor, and TotalEnergies to graciously save the planet. How? By throwing a measly $500 million at the world’s energy access crisis. Yes, the same Shell that rakes in tens of billions annually from the oil and gas driving this crisis. What’s next—Big Tobacco funding a fresh-air initiative?

But don’t let the numbers fool you! This isn’t about fixing the problem; it’s about making it look like they care while keeping the fossil fuel money printer on overdrive. And let’s not forget their investors—BlackRock and Vanguard—cheering from the sidelines, because nothing says “sustainable future” like profiting off planetary destruction.

The Energy Crisis: “Oops, Did We Do That?”

According to this noble announcement, 685 million people lack access to electricity, and 2.1 billion people can’t cook cleanly. Heartbreaking, right? But here’s the kicker: the fossil fuel majors, including our dear Shell, are complicit in keeping those numbers high by prioritizing extraction and profits over progress. Now, they’re pretending $500 million split four ways will make up for decades of systemic exploitation in the Global South. What’s that—$125 million each? That’s less than Wael Sawan’s next yacht. 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 Latest Venture: Throwing Money at Abu Dhabi LNG Project to Maintain its Greedy Legacy

Posted by John Donovan 12 July 2024

In the latest installment of “Shell’s Quest for Global Domination,” the European energy behemoth has inked a deal to invest in Abu Dhabi’s Ruwais liquefied natural-gas (LNG) project. Alongside equally virtuous partners BP, TotalEnergies, and Japan’s Mitsui, Shell is securing its place in the race to expand the UAE’s LNG production capacity.

Shell’s Slice of the Pie:

Shell proudly announced it would grab a 10% stake in the Ruwais project, matching the stakes of BP, TotalEnergies, and Mitsui. Not to be outdone, Shell will also buy a cool 1 million metric tons of LNG annually, while Mitsui will settle for a mere 600,000 tons. Details of the financial arrangements? Oh, those remain as opaque as ever. 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: Running Away to the Land of Fossil Fuel Fanatics

No shit, Sherlock. Moving your headquarters across the Atlantic isn’t exactly like booking a vacation.

Posted by John Donovan: 20 June 2024

In the latest episode of “What the Actual F**k?”, Shell, that lovable giant known for its charming pollution and undying greed, is considering jumping ship to the good ol’ U.S. of A. Yes, you heard it right! Rigzone conducted some riveting interviews with analysts to get the scoop on this potential exodus. Spoiler alert: it’s all about money and less about saving the planet.

According to Patrick Rutty, the Director of Global Intelligence at Enverus, “It is a widely shared perception these days that there’s no better place to be a listed oil and gas company than America, owing largely to its relatively fossil fuel-friendly investors.” Well, duh. If you’re a company that thrives on drilling holes in the earth and spewing carbon, the U.S. is practically Disney World.

Rutty also spilt the beans that back in 2021, Royal Dutch Shell “shucked its first and middle names” and moved its tax residence from the Netherlands to the UK after a Dutch court called their carbon emissions plans lame. Apparently, London is now a “problematic” home too because of Brexit. Who would’ve guessed? 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.

“Godfathers of Climate Chaos”: UN Chief Calls Out Shell and BP, Demands Global Ad Ban

Posted by John Donovan: 5 June 2024

Hold onto your hats, folks. António Guterres, the UN Secretary-General, just dropped a bombshell that should make the fossil-fuel overlords squirm in their plush boardroom chairs. Shell and BP, among others, are now being labeled the “godfathers of climate chaos.” That’s right, the planet-wrecking tycoons might soon find themselves banned from advertising, much like those pesky tobacco companies.

In a scorching speech in New York, Guterres took no prisoners, calling out news and tech media for enabling “planetary destruction” by taking dirty oil money. “We are at climate crunch time,” he declared, unveiling terrifying new data from the World Meteorological Organization (WMO) showing we’re on the brink of surpassing 1.5C warming. The recent 12 months have already pushed the global temperature to a blistering 1.63C above pre-industrial levels. Fun times ahead! 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.

Trump Convicted for Fraud, Shell Execs Next in Line for Climate Catastrophe Crimes?

Shell execs, are you sweating yet?

POSTED BY JOHN DONOVAN: 3 June 2024

On May 30, a New York jury found former President Donald Trump guilty of 34 charges related to hush money payments and falsifying business records. While the country is split over the conviction and the inevitable appeal, there’s an unexpected silver lining: this case could be a roadmap for nailing climate criminals like the execs at Shell and TotalEnergies.

Activists have long been dragging companies and governments into court to make them face the consequences of their climate sins. Most of these battles have been in civil courts, where the penalties are mostly financial—because nothing screams justice like a fine that barely dents corporate profits. The one notable exception was a 2021 Dutch court ruling that ordered Royal Dutch Shell to cut carbon emissions by 45% by 2030. Shell, predictably, is appealing the decision because, you know, profits over 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.

TotalEnergies Execs Face Criminal Complaint for “Globocide,” But Don’t Hold Your Breath

Posted by John Donovan: 30 May 2024

The big win so far was a 2021 Dutch court ruling that ordered Royal Dutch Shell to slash carbon emissions by 45% by 2030. Shell’s response? Pack up and move headquarters from the Netherlands to London and rebrand as Shell plc. Classic.

In a move that’s both dramatic and probably futile, three climate nonprofits and eight individuals have filed a criminal complaint in Paris against the board, CEO, and major shareholders of French oil behemoth TotalEnergies. They accuse these corporate overlords of engaging in criminal activities due to their “contribution to climate change and its fatal impact on human and non-human lives.” But, in a plot twist that surprises no one, prosecutors have yet to take any action, and formal criminal charges are about as likely as a snowstorm in the Sahara. 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 and Total Plot Move to NYC: Because When You’re Desperate, Anything Sounds Like a Good Idea!

Posted by John Donovan: 9 May 2024

Alright, folks, gather ’round for a classic tale of “The Grass is Greener in the U.S.,” starring none other than Shell and TotalEnergies, the European oil megastars. In their latest “poor us” saga, they’re eyeing New York like it’s the promised land of stock market valuations. Oh, the excitement!

Now, don’t get too teary-eyed, but Shell’s Chief Executive, Wael Sawan, dropped a little hint on his earnings call that if Europe keeps treating them like the ugly ducklings of the stock market, they might just take their ball and go play in New York by the end of 2025. TotalEnergies’ big boss, Patrick Pouyanné, isn’t sitting quietly either. He’s been tasked by the board to mull over this geographical leap of faith and spill the beans by September. 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 and TotalEnergies Eye Greener Pastures: The Big Apple’s Stock Exchange

Posted by John Donovan: 7 May 2024

Oh, the drama! TotalEnergies and Shell, those titans of the oil industry, are having a little daydream about moving their stock listings to the flashy stages of Wall Street. Why, you ask? Their current market valuations are as deflated as a punctured oil barrel. Boo-hoo.

In a tragic tale of European neglect and American allure, these two energy behemoths are feeling undervalued back home—kind of like ageing movie stars pining for one last blockbuster. TotalEnergies, the belle of France, is so distraught that even Patrick Pouyanné, the CEO, is openly mulling over a move. He confessed in an earnings call, “There was a discussion with the board.” Yes, folks, they’re “seriously looking at it” because, let’s face it, America is where the big-money parties are. 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 Investors: Screw Climate, We’re Too Busy Making Money

Posted by John Donovan: 17 April 2024

In what seems like a page ripped straight out of the corporate greed playbook, Shell is playing hardball with its shareholders over climate targets. Buckle up, folks, because this one’s a doozy.

So, there’s this resolution, right? A bunch of investors, with pockets so deep they practically touch the Earth’s core, want Shell to tighten its grip on climate goals. But what does Shell do? They tell their shareholders, “Nah, we’re good.” 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.

Oil Giants’ Climate Targets Go Up in Smoke

Another day, another dose of corporate greed and environmental destruction. Will these oil giants ever learn? Or will they continue to put profits over the planet?

Posted by John Donovan 30 March 2024

Brace yourselves for another round of corporate shenanigans, this time starring none other than Shell, the world’s second-largest oil and gas company. In a move that surprises absolutely no one except maybe the most optimistic tree-hugger, Shell has decided to scale back its climate pledges. Saving the planet is just too darn risky for these fossil fuel titans.

Shell’s chief executive, Wael Sawan, voiced his concerns to Reuters, declaring it “perilous” to set emission reduction targets for 2035 due to the “uncertainty” in the energy transition trajectory. Translation: We’re not sure if we want to stop destroying the planet just yet, folks. 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 and Co.’s Latest Scheme: Dumping CO2 in Southeast Asia, Because Why the Hell Not?

Posted by John Donovan 28 March 2024

Hold onto your hats, folks, because it looks like the oil giants have come up with a brilliant new plan to tackle climate change: burying massive amounts of CO2 deep underground in Southeast Asia. Yes, you heard that right. After decades of gleefully pumping carbon into the atmosphere like there’s no tomorrow, Exxon, Shell, Chevron, and their merry band of polluters have suddenly had a change of heart—or more likely, a change of profit margins.

You see, carbon dioxide storage is the latest cash cow for these fossil fuel fiends, promising them billions in revenue while they continue to wreak havoc on our planet. And where better to dump their toxic waste than in countries like Indonesia and Malaysia, where regulations are lax and profits are high?

Exxon Mobil’s CEO Darren Woods is practically giddy at the prospect, boasting about securing “exclusive rights to CO2 storage” in these unsuspecting nations. Nothing says “saving the planet” like monopolizing the substance driving us towards environmental catastrophe. 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.