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Selection of Shell related news 14 March 2018

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Coal is out and oil is fading, making natural gas the fossil fuel of choice

Royal Dutch Shell CEO Ben van Beurden speaks at the CERAWeek conference at the Hilton Americas, Wednesday, March 7, 2018, in Houston. (Photo: Karen Warren / Houston Chronicle)

Coal is too dirty. Oil is too messy. And renewables are too intermittent. But natural gas is just right. Energy companies of every stripe have fallen in love with the stepchild of fossil fuels. No longer considered an annoying byproduct of oil drilling, natural gas’ multiple applications and relative cleanliness guarantee it a place in the future energy mix. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

BP, Shell execs report surprise production boost from mature wells

|About: BP p.l.c. (BP)|By: , SA News Editor

  • BP CEO Bob Dudley has spent 38 years in the oil business, and he says has never seen anything like what happened with the company’s mature oil fields last year – their production increased.
  • Results across the industry were not as spectacular as BP’s but still impressive, executives and officials at the CERAWeek conference said this week; the International Energy Agency reported production from mature fields fell 5.7% last year, the smallest decline in at least a decade. FULL ARTICLE
  • read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Shell Says Oil’s Not Going Anywhere

    There’ll be at least one home still welcoming fossil fuels in the face of a growing threat from cleaner resources, according to Royal Dutch Shell Plc. Heavy industry relies on hydrocarbons to generate extremely high temperatures and chemical reactions, according to Mark Quartermain, vice president of crude oil trading and supply at the company. Many processes used in iron, steel, cement and plastics factories can’t be electrified at all, and even if they could be, cannot be done at a viable cost in the foreseeable future, he said at a conference in Singapore. FULL ARTICLE read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    At energy summit, climate pits U.S. against Europe

    FILE PHOTO: Ben van Beurden, chief executive officer of Royal Dutch Shell, speaks during the 26th World Gas Conference in Paris, France, June 2, 2015. REUTERS/Benoit Tessier/File Photo

    Ron Bousso: 7 MARCH 2018

    HOUSTON (Reuters) – The U.S. energy secretary blasted renewable fuels champions on Wednesday while the head of Royal Dutch Shell Plc (RDSa.L) urged the energy sector to focus on global efforts to cut carbon emissions, reflecting a yawning trans-Atlantic gap on climate issues. Speaking at the CERAWeek conference in Houston, Shell CEO Ben van Beurden outlined an ambitious plan to reduce the Anglo-Dutch company’s carbon footprint and expand in renewables, and called on others to follow.  FULL ARTICLE read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Why The Next Oil Boom Will Be Fueled By Blockchain

    By Meredith Taylor – Feb 21, 2018, 6:00 PM CST

    Big Oil is due for a disruption.

    The world’s most important industry has been carrying on without any significant changes in its day to day routine for far too long.

    But now, the new tech on the block has its sights set on the multi-trillion-dollar oil and gas sector.

    It’s official: Blockchain technology has infiltrated Big Oil.

    The hype behind blockchain has reached a full-blown frenzy. And for good reason.

    The technology, which creates secure ledgers for digital transactions and rapidly accelerates the pace at which transactions can be made, has the potential to disrupt every major industry: real estate, shipping, banking and healthcare. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Big Oil’s Global Warming Case Could Hinge on Jurisdiction

    Borrowing from the playbook that won multibillion-dollar awards against Big Tobacco, five California cities and counties sued the oil giants last year, claiming they deceived the public for decades about the dangers of fossil fuel production.

     

    SAN FRANCISCO (CN) — The fate of five lawsuits seeking to hold the world’s biggest oil companies liable for global climate change hinges on a murky jurisdictional question that could get some cases booted out of federal court.

    For the past eight days, attorneys for more than a dozen oil companies urged two federal judges not to send lawsuits against them back to state court, where five California cities and counties sued Big Oil last year.

    “The extraordinary nature of these claims encompasses conduct across the globe,” the oil companies’ attorney Theodore Boutrous said in court Thursday. “We think the federal courts need to hear this, because it’s uniquely federal.” read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Shell Secret Manoeuvres in the Dark

    Extract from the ebook “John Donovan, Shell’s Nightmare” (now available on Amazon websites globally)

    (BACKGROUND INFORMATION ABOUT SHELL’S EPIC 25 YEAR FEUD WITH JOHN DONOVAN – which puts the extracts below in overall context.)

    …Shell Oil Co implemented a secret 265-page devious plan devised by a Washington-based firm, Pagan International called “The Neptune Strategy.” It was designed to undermine support for critics of Shell’s policy of propping up the despised racist apartheid regime in South Africa.

    Extract below from page 97, including reference to a book – “Secret Manoeuvres in the Dark”- authored by Eveline Lubbers

    It is relevant to point out that we were not the first critics of Shell to be the subjects of cloak and dagger activity. According to the same book in 1987, Shell Oil Co implemented a secret 265-page devious plan devised by a Washington-based firm, Pagan International called “The Neptune Strategy.”

    It was designed to undermine support for critics of Shell’s policy of propping up the despised racist apartheid regime in South Africa. On page 67, Lubbers reveals that Shell had secret meetings with church delegates. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Big Oil takes stage for post-austerity beauty contest

    Ron Bousso: 12 FEB 2018

    LONDON (Reuters) – With years of austerity in their rear-view mirrors, the world’s biggest oil companies are locked in a beauty contest to lure investors with promises of growth and greater rewards. Royal Dutch Shell and Total are emerging as frontrunners after a three-year slump thanks to strong growth projections but Exxon Mobil, the biggest publicly traded oil company, has largely disappointed with a weaker outlook. FULL ARTICLE

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Ads will attack de Blasio’s lawsuits against oil companies

    De Blasio announced last month that the city had filed a lawsuitagainst BP, Chevron, Conoco-Phillips, ExxonMobil and Royal Dutch Shell, claiming their fossil fuels produce 11 percent of the Earth’s global-warming gases.

    The suit “seeks to shift the costs of protecting the city from climate-change impacts back onto the companies that have done nearly all they could to create this existential threat.”

    City Hall spokesman Eric Phillips slammed the new campaign. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Electric cars pave way to end of filling stations

    Peter Campbell, Motor Industry Correspondent: 11 FEB 2018

    Big oil companies that own petrol stations, such as Royal Dutch Shell and BP, have committed to installing electric vehicle charging points at their retail sites. Shell will launch high-speed charging at retail sites in 10 European countries and last year bought electric charging group NewMotion, while BP last week invested $5m in FreeWire to begin offering charging at its sites.

    FULL FT ARTICLE

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Don’t believe in climate change? Energy companies do

    The leaders of the world’s largest and most powerful energy companies are talking about the fight to mitigate human-caused climate change.

    Some are even putting their money where their mouths are.

    While some conservative political leaders still deny that the Earth is heating up due to humans burning fossil fuels and releasing greenhouse gases, the people who produce those fuels and chemicals have recognized the imperative to limit global warming to a rise of 2 degrees Celsius. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Oil multinationals leave heavy years behind

    Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad

    Oil multinationals leave heavy years behind

    Bert van Dijk • Entrepreneurship

    Fossil fuel companies may be subject to fire from environmental organizations, ‘green’ shareholders, financial regulators and prosecuting climate lawyers, but financially speaking the big oil and gas multinationals are back on their feet after a number of difficult years.

    That is the most important conclusion now that four of the ‘Big Five’ have published their annual results. Cost savings, higher oil prices and rising demand for oil and gas in the world led to a total of more than $ 115 billion in operating cash flow for Shell, ExxonMobil, BP and Chevron combined and more than $ 51 billion in profits last year. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Shell corporate espionage

    Extract from the ebook “John Donovan, Shell’s Nightmare” (now available on Amazon websites globally)

    (BACKGROUND INFORMATION ABOUT SHELL’S EPIC 25 YEAR FEUD WITH JOHN DONOVAN – which puts the extracts below in overall context.)

    Our case against Shell, including witnesses and evidence, was the subject of undercover activity. Witnesses were interviewed by an undercover agent posing as a journalist. The same person also gained access to our evidence under false pretences. Evidence was scrutinized and tampered with during a series of what the police unofficially concluded were targeted burglaries.

    Extract below from pages 95, 96 & 97

    Shell corporate espionage in the run-up to the Smart trial

    Titled Shell directors, the late Sir Peter Holmes, and Sir William Purves were also directors, major shareholders and the spymasters of Hakluyt & Company, a UK corporate espionage firm founded by former senior MI6 officers. Shell used Hakluyt to engage in cloak and dagger operations against its perceived enemies, including Greenpeace, as exposed in a Sunday Times front page lead article.

    When Shell first instigated a cloak and dagger operation against us, we had no knowledge of the oil giants long time involvement in the dark arts.

    I first mentioned the subject of investigative activity in a letter dated 15 June 1998 that I sent to Dr Chris Fay, the then Chairman & Chief Executive of Shell UK Limited. It was also copied to Shell lawyers.

    From paragraph 4 of page 3:

    “Shell did retain an investigative specialist in connection with the previous litigation. They made investigations about me going back over a decade.” read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    BP announces North Sea discoveries with Shell, Chevron

    Photo: JONATHAN NACKSTRAND, Stringer: Shell is a shareholder in the Elgin rig, shown here operating 150 miles from Aberdeen in the North Sea in 2012. Shell is selling stakes in 10 North Sea fields.

    Jordan Blum, Houston Chronicle: Updated 7:01 am, Wednesday, January 31, 2018

    BP said it made two successful discoveries in the North Sea – one of which is with fellow Big Oil giants Royal Dutch Shell and Chevron. BP said it struck oil in its Capercaillie prospect in the central North Sea east of Scotland, as well as the northwestern corner of the North Sea in the Achmelvich well, the latter of which is the partnership with Shell and Chevron. The discoveries lend optimism to a slowly rebounding offshore energy sector, especially in the North Sea that’s so critical for Europe’s oil supplies. FULL ARTICLE read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Shell buying spree cranks up race for clean energy

    People take pictures of a high-efficiency petrol-burning concept car as it is unveiled by Royal Dutch Shell during a ceremony in Beijing, China April 22, 2016. REUTERS/Damir Sagolj

    Ron Bousso, Clara Denina: JANUARY 26, 2018

    LONDON (Reuters) – Royal Dutch Shell (RDSa.L) has spent over $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points, cranking up its drive to expand beyond its oil and gas business and reduce its carbon footprint. The scale of the buying spree pales in comparison to the Anglo-Dutch company’s $25 billion annual spending budget. But its first forays into the solar and retail power sectors for many years shows a growing urgency to develop cleaner energy businesses. FULL ARTICLE read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan
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