Royal Dutch Shell Plc  .com Rotating Header Image

ExxonMobil

Shell and Exxon’s Symphony of Denial and Delay: Groningen Gas Field Closure Confirmed

…the province of Groningen has endured over a thousand earthquakes in the last couple of decades, while the Dutch government and our beloved Shell and Exxon raked in a mere €360 billion.

Posted by John Donovan 24 Sept 2023

In a stunning display of corporate responsibility and government foresight, the Dutch government, along with energy giants Shell and Exxon Mobil, has finally decided to end the Groningen gas field. But, of course, it’s only after years of ignoring the pesky little problem of earthquakes and building damage.

A mere seven months ago, a parliamentary inquiry dared to suggest that the Dutch government and the dynamic Shell-Exxon duo had been a bit too negligent in their gas production escapades. Apparently, they didn’t quite grasp the notion that drilling for gas might have some, shall we say, side effects on the residents of Groningen. How adorable! 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.

California is suing Big Oil, accusing them of climate change ‘deception’

Los Angeles Times

Sept 18, 2023

California is no stranger to fighting climate change with legal battles. But late last week, state officials announced a truly heavyweight match.

Atty. Gen. Rob Bonta has filed a lawsuit against five major oil companies and their trade association, alleging their involvement in “a decades-long campaign of deception and creating statewide climate change-related harms in California.”

Bonta said Exxon Mobil, Shell, Chevron, ConocoPhillips and BP — along with the American Petroleum Institute (API) — have long known “that the burning of fossil fuels leads to climate change — but have fed us lies and mistruths to further their record-breaking profits at the expense of our environment.” 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 Friends: A Masterclass in Climate Responsibility

Posted by John Donovan 17 Sept 2023

In an act of sheer audacity, the great state of California has decided to sue some of the world’s most beloved oil and gas companies, including Exxon Mobil, Shell, Chevron, ConocoPhillips, and BP. Their audacious claim? That these companies misled the public and downplayed the teeny-tiny risks associated with fossil fuels. How dare they suggest such a thing?

This civil lawsuit, filed with a flourish in state Superior Court in San Francisco, has a unique twist: it’s not just about exposing the so-called “deceptions” of Big Oil. No, California wants a fund, and it wants the very companies it’s suing to finance it. This fund will serve as a sort of “Oops, our bad” account for when those pesky storms and fires wreak havoc. After all, it’s only fair that the companies causing climate change also foot the bill for its consequences, right? 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 Next Genius Moves to Save the Planet

Posted by John Donovan 31 August 2023

Well, aren’t we in for a treat!

It seems the world’s most environmentally-conscious buddies, our friendly neighbourhood oil giants like BP, Chevron, ExxonMobil, Shell, and TotalEnergies, are diving deep into the influencer market. Because when you think “innovation in renewable energy,” you naturally think: “Instagram and TikTok!”

AFP has sniffed out a trend where icons of video game walkthroughs, doggo videos, and #VacationGoals are suddenly pivoting to plug gas stations and fuel rewards cards. Because, let’s be honest, who wouldn’t want a behind-the-scenes look at your favourite influencer’s exhilarating journey to the pump? 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’s Greenwashing Smokescreen

Posted by John Donovan August 7, 2023

In a groundbreaking display of environmental commitment, Barclays is championing sustainability while funding the beloved oil giant, Shell. The masterful manipulation of “sustainable finance” initiatives has allowed Barclays to classify a $10 billion revolving credit facility for Shell as “social and environmental financing” – truly an awe-inspiring feat in the world of greenwashing.

But wait, it gets better! Barclays ingeniously counts its share of the loan towards achieving its $150 billion social and environmental financing target. Who knew that aiding a polluting behemoth could be such a philanthropic endeavour? 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’s Philanthropic CEO Faces Criticism for Comments on Oil Production

Posted by JOHN DONOVAN: July 7, 2023

In a stunning display of environmental enlightenment, Wael Sawan, the esteemed CEO of Shell, has been condemned by the United Nations’ climate change body for his audacious suggestion that cutting oil and gas production would be “dangerous and irresponsible.” Clearly, Sawan is a visionary who understands the dire consequences of not perpetuating the burning of fossil fuels indefinitely.

Simon Stiell, the Executive Secretary of the U.N. Framework Convention on Climate Change (UNFCCC), courageously called out Sawan’s remarks as both untrue and irresponsible. How dare anyone challenge the wisdom of the fossil fuel industry at a time when we are desperately trying to achieve… well, something, right? 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.

Groningen Gas Field: Shell and Exxon Mobil’s Monument to Greed and Disregard for Health Risks

Posted by John Donovan July 5, 2023

The Groningen gas field, a behemoth boasting a mind-boggling 2.8 billion cubic meters, serves as a glorious testament to the insatiable greed of Shell and Exxon Mobil, the illustrious partners responsible for its management. With their joint venture company NAM overseeing extraction operations for over six decades, these oil giants have accumulated immense profits while leaving behind a trail of devastation and despair.

The State Supervision of Mines (SodM) has called for the complete closure of the Groningen gas field as early as this fall, challenging the arbitrary deadline of October 1, 2024. It appears that the painfully slow progress in reinforcing infrastructure and compensating for earthquake damage has had a noticeable impact on the health of residents in the quake-stricken area. State Secretary Hans Vijlbrief, tasked with overseeing mining affairs, must urgently address these concerns and put an end to the uncertainty that plagues the region, as per the authority’s advice. 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’s Reluctant Closure of Europe’s Largest Gas Field to “Solve” Decades of Inconvenience for Groningen Residents

The people of Groningen have faced unrelenting earthquakes for decades, but don’t get too excited—the earthquakes will continue for years to come.

Posted by John Donovan: 28 June 2023

In a remarkable act of goodwill and empathy, Shell, the renowned oil giant, has finally succumbed to the incessant pleas of the long-suffering people of Groningen and decided to halt gas extraction from the Groningen gas field. The Dutch government, displaying its unwavering commitment to the welfare of its citizens, announced that the extraction will come to an end on October 1 after a staggering 60 years of operation. Of course, the wells won’t be immediately shut down; they will remain open for another year, just in case the possibility of a freezing winter or the Ukrainian conflict demands a sudden resurgence in gas extraction. 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’s Bold Move: Embracing Climate-Wrecking Fossil Fuels, Doubling Down on Profit

Posted by John Donovan 15 June 2023

Shell’s new leader takes a stand against the growing green movement, making it clear that the company’s commitment to the environment takes a backseat to their insatiable thirst for profits. Wael Sawan, who assumed the role of CEO earlier this year, has sent shockwaves through the eco-conscious community by announcing Shell’s abandonment of any plans to reduce oil production until 2030.

In a brazen move, Sawan not only halted the decline of oil production but also unveiled a plan to increase natural gas volumes, further exacerbating the climate crisis. This audacious decision has understandably triggered outrage among climate activists, who accuse Shell of shamelessly prioritizing their own financial gains over the well-being of the planet.

During an investor day in New York, Shell boasted of plans to boost shareholder distributions to an astonishing 30-40% of cash flow from operations, showing no regard for the urgent need to invest in green initiatives. Furthermore, they announced a staggering £3.9 billion share buyback scheme, while slashing spending to give the illusion of a more responsible company. It’s a classic case of greenwashing in action. 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’s ‘tense’ AGM where profits clash with the pesky climate

Posted by John Donovan 18 MAY 2023

Shell’s ‘tense’ AGM where obscene profits clash with the pesky climate

Prepare for the showdown of the century! Shell, the notorious oil giant known for its greed and pollution, is about to face a shareholder meeting that promises to be nothing short of acrimonious. It seems that Shell is struggling to strike a delicate balance between making obscene profits from oil and gas and dealing with a pesky minority who believe they should actually do something about climate change. How dare they? 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.

More climate change litigation against Big Oil including Shell

Friday, April 7, 2023 Contact: (916) 210-6000, [email protected]

OAKLAND — California Attorney General Bonta, as part of a coalition of 18 attorneys general, filed an amicus brief in support of the District of Columbia’s (D.C.) efforts to hold major fossil fuel-producing companies accountable for their misleading actions, that have worsened the climate crisis. In District of Columbia v. Exxon Mobil, D.C. alleges ExxonMobil, Shell, BP, and Chevron engaged in unfair and deceptive trade practices in violation of D.C.’s Consumer Protection Procedures Act, and misled the public about their harmful contributions to the climate crisis. 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: Gas field in Groningen must be completely closed this year, in light of earthquakes

NL TIMES

Shell: Gas field in Groningen must be completely closed this year, in light of earthquakes

SUNDAY, 26 MARCH 2023 

The gas field in Groningen must be completely closed this year, said the CEO of Shell Netherlands, Marjan van Loon. Currently, the gas field is still supplying minimal amounts of gas to keep the wells usable, but she doesn’t think that’s necessary. “It can and must be done, so the field has to be closed,” Van Loon said on the TV program WNL Op Zondag. 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 Considered Relocating To The U.S. In Pursuit Of Higher Value

OILPRICE.COM

Shell Considered Relocating To The U.S. In Pursuit Of Higher Value

  • Two years ago, Shell’s executive leadership discussed relocating to the U.S. in order to boost the company’s valuation.

  • There is a stark difference in valuation between European and U.S. oil majors, a difference that analysts believes is related to ESG factors and energy transition plans.

  • BP recently backtracked on some of its energy transition promises, resulting in its stock price climbing 10%.

Shell’s executive leadership discussed leaving Europe and relocating to the United States, the Financial Times has reported, citing unnamed sources familiar with the discussion.

According to the FT’s sources, the supermajor’s new chief executive, Wael Sawan, was part of a team of top executives that two years ago considered moving Shell’s headquarters to the U.S. and listing the company there, too.

The relocation idea was ultimately dropped but the FT notes that Shell’s chief executive remains worried about the difference in valuation between Shell and its U.S. peers. 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 and Shell could be takeover targets if Exxon and Chevron snatch opportunity for ‘industry arbitrage’ – Citi

BP and Shell could be takeover targets if Exxon and Chevron snatch opportunity for ‘industry arbitrage’ – Citi

proactiveinvestors.co.uk

Jamie Ashcroft: Wed 25 Jan 2023

BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) may find themselves at the negotiating table as American peers Exxon Mobil Corporation (NYSE:XOM) or Chevron Corporation (NYSE:CVX) could come calling, that’s the view of analysts at Citigroup.

A megamerger between either London-listed oil major and either of America’s largest oilers appears increasingly attractive, on valuation terms at least, according to the Wall Street bank. 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.

Netherlands To Shut Down Europe’s Largest Gas Field

OILPRICE.COM

Netherlands To Shut Down Europe’s Largest Gas Field

The Dutch government plans to close the Groningen gas field this year despite Europe’s precarious supply position. Groningen is the largest gas field in Europe.

The field is dangerous, a government official from the Hague told the Financial Times, and the government has no plans to boost production from it.

“We won’t open up more because of the safety issues,” Hans Vijbrief told the FT. “It is politically totally unviable. But apart from that, I’m not going to do it because it means that you increase the chances of earthquakes, which I don’t want to be responsible for.” 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 take $2 billion fourth-quarter tax hit after new EU, UK levies

cnbc

Shell to take $2 billion fourth-quarter tax hit after new EU, UK levies

KEY POINTS

  • Shell expects a fourth-quarter tax hit of $2 billion, following additional levies in the U.K. and European Union.

  • The company expects “significantly higher” results from its liquefied natural gas trading performance in the fourth quarter, compared with July-September.

  • Shell will release its final fourth-quarter results on Feb. 2.

Oil and gas major Shell said Friday it expects to take a $2 billion hit for the fourth quarter as a result of new taxes in the European Union and U.K.

“The Q4′22 earnings impact of recently announced additional taxes in the EU (the solidarity contribution) and the deferred tax impact from the increased UK Energy Profits Levy is expected to be around $2 billion,” the company said in a trading update.

The EU agreed in September that oil and gas companies will pay a levy on surplus profits made in 2022 or 2023. The “solidarity contribution” will see firms pay 33% of profits above their average taxable profits. 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.