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Shell’s Eco-Friendly Fairy Tale Ends in Canada: Greenpeace Waves Magic Wand

Posted by John Donovan: 18 Jan 24

Once upon a time, Shell, the oil giant known for its love affair with the environment (wink, wink), launched an ad campaign in 2020 that was like a fairy tale. They promised the Canadian public that by buying their fossil fuels, they could magically “Drive carbon neutral” thanks to carbon offsets. It’s like saying eating more cake will help you lose weight, but only if you believe hard enough!

But here comes Greenpeace Canada, the party pooper, filing a complaint with the Competition Bureau. They were like that one kid at the party who said, “But the Emperor has no clothes!” Greenpeace pointed out that Shell’s claims were as shaky as a house of cards in a tornado. The big question: Could Shell really offset all emissions from “production through to the use of the fuel”? Spoiler alert: The evidence was as solid as a ghost. 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 and BP: Plotting a Fossil Fuel Fairy Tale in Mega Merger Mania?

Posted on 12 November 2023 by John Donovan

In the high-stakes world of oil barons and carbon czars, Shell and BP might just be flirting with the idea of a fossil fuel marriage made in heaven. Because, in the grand world of big oil, bigger is always better, especially when everyone else is fretting over minor things like climate change and renewable energy.

Once upon a time, under the starry-eyed leadership of Lord John Browne, BP was the belle of the ball, scooping up Amoco and Arco in a transatlantic love affair. Meanwhile, Shell, not to be outdone and under Ben van Beurden’s watchful eye, waltzed with BG Group for a cool £36 billion in 2016. 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 Discovers the Secret Formula: Only Stop Polluting When No One Wants Oil

Posted by John Donovan 17 Sept 2023

In a revelation that’s sure to win hearts worldwide, the president of Shell Canada, Susannah Pierce, has imparted her wisdom on the intricacies of decarbonization. According to Pierce, oil and gas companies, those paragons of environmental stewardship, are merely at the mercy of global energy trends. How refreshing!

Pierce, with an air of condescension that only a seasoned executive can muster, graciously acknowledged that while oil and gas firms should make token efforts to reduce emissions, they’re practically stuck in slow motion, like a snail in a race of sloths. Why? Because, dear readers, the rest of the world just can’t seem to keep up with the brilliant minds in the fossil fuel industry. 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.

Breakingviews: Shell’s next boss looks a shoo-in

REUTERS

Breakingviews: Shell’s next boss looks a shoo-in

By : September 2, 2022: 2:40 PM GMT+1

LONDON, Sept 2 (Reuters Breakingviews) – Shell (SHEL.L) is about to get a new boss. Chief Executive Ben van Beurden, who has been in situ since the start of 2014, is likely to step down from the $192 billion oil giant next year, Reuters has reported read more . Plenty of credible candidates exist to replace him, but one looks the most obvious.

Despite battling with two major oil price slumps and an unprecedented 66% cut to Shell’s dividend in April 2020, Van Beurden’s track record looks acceptable. Since Jan. 1 2014, when he took over, Shell shares have returned 67%… He also pulled off the $70 billion purchase of BG Group in 2016, which made it a leading force in liquefied natural gas (LNG). 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.

Church of England pension boss’s shares in Shell ‘shocking’, say campaigners

The Guardian

Church of England pension boss’s shares in Shell ‘shocking’, say campaigners

Exclusive: Christian climate groups urge Clive Mather to resign and C of E to divest from fossil fuel

Damian Carrington Environment editor: Wed 17 Aug 2022 10.00 EDT

The chair of the Church of England Pensions Board, which has not divested its £3.5bn fund from fossil fuels, is a shareholder in Shell, the Guardian can reveal.

Clive Mather had a 38-year career at the oil company during which he oversaw a multibillion-dollar tar sands project in Canada. 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 to install 79 EV charging points at Canadian retail stations by end of year

Shell to install 79 EV charging points at Canadian retail stations by end of year

Wed, July 13, 2022, 6:44 p.m.

CALGARY — Shell Canada has announced plans to significantly expand its electric vehicle charging network across the country.

The energy company said Wednesday it will install 79 Shell Recharge fast charging points at 37 Shell retail stations across Canada, along major corridors from B.C. to Ontario, by the end of this year.

Currently, Shell Canada has just 25 charging locations in this country, but parent company Royal Dutch Shell plc is investing heavily in EV infrastructure around the globe as part of its goal to reach net-zero emissions status by 2050. 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, gas, LNG to be Shell’s ‘cash engines’ for decades: CEO Van Beurden

S&P Global Platts

Oil, gas, LNG to be Shell’s ‘cash engines’ for decades: CEO Van Beurden

Shell plans to keep investing in oil, gas and liquefied natural gas as the “cash engines” for the energy transition and expects its giant LNG Canada project, targeted at Asian markets, will operate well into the second half of the century, CEO Ben van Beurden said Oct. 6.

Speaking at the online Energy Intelligence Forum, Van Beurden dismissed notions of winding down the upstream oil and gas business as “silly” and said there was “nothing illegitimate” about producing oil and gas. In the global energy system, “to just believe that you can switch 100% from coal to 100% renewables…is a little bit of a silly notion,” he 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.

Shell proposes large-scale CCS facility in Alberta

Shell proposes large-scale CCS facility in Alberta

Tuesday, July 13, 2021, 12 AM MDT

CALGARY, AB, July 13, 2021 /CNW/ – Today, Shell announced a proposal to build a large-scale carbon capture and storage (CCS) project at its Scotford Complex near Edmonton. This would be a key step in transforming Scotford into one of five energy and chemicals parks for Shell around the world, providing customers with lower-carbon fuels and products into the future, such as hydrogen.

The proposed Polaris CCS project, the largest in a series of low-carbon opportunities Shell is exploring at Scotford, would capture carbon dioxide (CO2) from the Shell-owned Scotford refinery and chemicals plant. The initial phase is expected to start operations around the middle of the decade, subject to a final investment decision by Shell expected in 2023. Polaris would have storage capacity of about 300 million tonnes of CO2 over the life of the project. 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 Sells Non-Core Canadian Shale Assets to Crescent Point Energy

Shell Sells Non-Core Canadian Shale Assets to Crescent Point Energy

NEWS PROVIDED BY: Shell Canada Limited: Feb 17, 2021, 17:08 ET

CALGARY, ABFeb. 17, 2021 /CNW/ – Royal Dutch Shell plc, through its affiliate Shell Canada Energy (“Shell”), has reached an agreement with publicly listed Canadian energy company Crescent Point Energy Corp. (“Crescent Point”) to sell its Duvernay shale light oil position in Alberta, Canada for a total consideration of US$707 million (C$900 million). The transaction has an effective date of January 1, 2021. 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 future could be smaller than its past

Big Oil’s future could be smaller than its past

Paul Takahashi. 6, 2021

Oil companies have crisscrossed the world for more than a century, drilling on nearly every continent and in ever deeper oceans to prospect for fossil fuels that power the global economy.

While they did, the biggest six or seven companies collectively known as Big Oil reshaped international politics and economies, bending them to their will. Oil executives became statesmen in their own right, negotiating deals with foreign leaders to extract oil from the tar sands of Canada, the deserts of the Middle East, off the coasts of South America and Africa and in the shale formations of the U.S. 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 TAKES 40% STAKE IN MONTREAL WASTE-TO-CHEMICALS PLANT

SHELL TAKES 40% STAKE IN MONTREAL WASTE-TO-CHEMICALS PLANT

By Mary Page Bailey | 

The approximately C$875 million commercial-scale facility will be constructed in Varennes, Québec, and will produce low-carbon fuels and renewable chemicals products from non-recyclable waste using Enerkem’s proprietary technology. Commissioning of the first phase of the facility is scheduled for 2023. Critical investment in the plant comes from Shell, Enerkem, Suncor, Proman and Hydro-Québec, as well as from the Québec and Canadian governments. 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 to close Singapore base oil unit in 2022

Shell to close Singapore base oil unit in 2022

Published date: 23 December 2020

Shell plans to close the Group I base oil unit at its 500,000 b/d Pulau Bukom refinery in Singapore amid moves to scale back its fuel-based product slate at the plant.

The company said last month it planned to cut around 250,000 b/d of refining capacity in Singapore as part of its shift to lower-carbon alternatives.

It also plans to close the 380,000 t/yr base oil unit at the refinery from July 2022.

The shutdown would come just a year after the closure of Galp’s 110,000 b/d Porto refinery in Portugal next year. Galp announced that plan earlier this week. The refinery is home to a 185,000 t/yr Group I base oil unit. 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.

Royal Dutch Shell: Energy Transition Woes

Royal Dutch Shell: Energy Transition Woes

: Energy Income Authority: Oct 8, 2020 High-quality income and growth plays in the energy space. Summary
  • Poor messaging from management, as well as an ill-prepared balance sheet caused in part by buybacks, has caused the European major a lot of pain.
  • Arguably, senior executives deserve to be shown the door. But even if that happens, expect the pivot away from fossil fuels to continue.
  • Is the move into Power and other “Green Energy” assets the right move? Maybe, maybe not.
  • This idea was discussed in more depth with members of my private investing community, Energy Income Authority. Get started today »

I often get asked why I don’t cover the supermajors all that often on Seeking Alpha. The answer comes down to a rather simple reality: time invested versus potential gain. Anyone that has followed my long / short book knows that whatever I take a stake in, I know inside out. Quite frankly, the sprawling operations of most majors coupled with competing against institutionals that have enough research analysts on the payroll to pack a local gymnasium makes it a losing proposition – or at least in my view. 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 plans up to 9,000 job cuts worldwide

Shell plans up to 9,000 job cuts worldwide

By Allister Thomas

Shell has announced plans for between 7,000 – 9,000 job cuts from its global workforce by the end of 2022.

The energy giant, which has been grappling with the effects of the oil price downturn and Covid-19, follows rival BP who earlier this year announced plans for 10,000 job cuts.

Shell, which employs 6,000 people in the UK, including 1,000 directly in its Upstream oil and gas business in the country, said the “reduced organisational complexity” will save between $2billion – $2.5billion by 2022 on an annual basis. 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 cuts back on fracking to fund renewable energy drive

The international oil giant will cut about 40pc of overheads including staff…

Shell cuts back on fracking to fund renewable energy drive

The oil giant is seeking to free up investment for early-stage carbon capture and hydrogen projects

Falling oil and gas prices due to the pandemic have taken the shine off many assets and triggered heavy write-downs.

Shell is making deep cuts in its fracking business as it tries to free up cash to cope with the pandemic and invest in renewable energy. 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 Explores Sale of a Norwegian Natural Gas Business

Shell Explores Sale of a Norwegian Natural Gas Business

Its shares are down 48% this year, giving the company a market value of around $115 billion.

Aaron Kirchfeld, Dinesh Nair and Laura Hurst: Bloomberg

(Bloomberg) — Royal Dutch Shell Plc said it’s considering a sale of a Norwegian natural gas supplier, as the energy major continues to selectively dispose of assets.

The company is exploring a disposal of its Gasnor unit, a spokesperson confirmed in response to Bloomberg queries. Shell has approached infrastructure funds and private equity firms about a deal, people with knowledge of the matter said, asking not to be identified as discussions are private. 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.
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