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Shell invests more than other oil multinationals in sustainable energy

Shell took a stake in the US solar developer Silicon Ranch this week. It is already the fifth major investment of the New Energies component in more than six months.

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

Shell took a stake in the US solar developer Silicon Ranch this week. Photo: Silicon Ranch

Shell is stealthily getting a bit green

Gert van der Have Bert van Dijk • Entrepreneurship

Shell took a stake in the US solar developer Silicon Ranch this week. It is already the fifth major investment of the New Energies component in more than six months.

Shell is synonymous with oil tankers, refineries, drilling platforms, gas installations and petrol pumps for most Dutch people. Not surprising, because that was and is Shell and Shell will still be for a time. But at the same time, the Dutch-British group is investing faster in new, cleaner forms of energy; it sees that societies, politicians and climate agreements limit the margin of maneuver of fossil fuels ever further. read more

Shell agrees on five-year solar energy deal in Britain

Reuters Staff: JAN 18, 2018

LONDON (Reuters) – Shell Energy Europe and British Solar Renewables (BSR) have agreed on a five-year supply deal for power generated from Britain’s second-largest solar power plant in Bradenstoke, BSR said in a statement.

The plant consists of 269,000 panels and has a 69.8 megawatt peak capacity. On an annual basis, it generates approximately 65 gigawatt-hours of solar energy, saving over 21,000 tonnes of CO2 a year, BSR said.

Shell Energy Europe, an energy marketing and trading division of Royal Dutch Shell, is present in 14 European power markets, which includes the offtake of renewable power from wind farms and solar parks in Britain and Europe. read more

Union rep: Shell cracker plant construction ‘ahead of schedule’

POTTER TWP. — Construction on Shell Chemicals’ ethane cracker plant is ahead of schedule, with more than 1,800 workers currently on site, according to a local building trades official. Mike McDonald, president of the Beaver County Building and Construction Trades Council, said he met with Shell officials recently to discuss the progress on the $6 billion cracker plant in Potter Township. FULL ARTICLE read more

Don Marketing posts legal warning about Shell

Extracts 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.)

Extract from pages 52 & 53

Extract Begins

THE SHELL SMART BREACH OF CONFIDENCE LITIGATION 1997 TO 1999

In 1997, I confronted Shell about their launch in the UK of the SHELL SMART multi-brand loyalty card. This was long before the advent of the similar NECTOR scheme in the UK. Nearly twenty years later variations of the concept are still being run by Shell in numerous countries.

I devised the original concept and had disclosed the idea to Shell (via AJL) in strictest confidence.

Since it was a long-term promotion, which could be introduced into many countries, the Shell SMART case was by far the most important High Court action in terms of potential damages. read more

CAN BIG OIL BE SUED FOR CAUSING GLOBAL WARMING?

BY

New York City and a number of California municipalities, including San Francisco and Oakland, have filed lawsuits against five major oil companies—BP, Chevron, ConocoPhillips, Exxon Mobil, and Royal Dutch Shell—for contributing to the increased risk of global warming.

These complaints cite recent scientific reports that project that sea levels will rise from 0.2 meters to 2.0 meters (or 0.66 to 6.6 feet) by 2100, with a major loss of land surface area and serious climate disruptions. read more

Shell and BP to Buy Libyan Oil as Country Recovers

Royal Dutch Shell Plc and BP Plc agreed annual deals to buy Libyan crude, underscoring how the North African country’s recovering production and improving security are enticing some of the world’s largest oil companies. Shell’s deal with Libya’s National Oil Corp. was the first of its kind since 2013 and Europe’s biggest oil company will load its first cargo under the contract within days, according to people familiar with the matter, who asked not to be identified because they’re not authorized to talk to the media. BP, which didn’t have a term deal in 2017, also reached an agreement for this year, the people said. FULL ARTICLE read more

Shell reprimanded over Brent Bravo leak

The UK’s workplace safety watchdog has reprimanded Shell following a gas leak on the Brent Bravo platform in November.

Written by

The Health and Safety Executive (HSE) said Shell has failed to “prevent the uncontrolled release of flammable or explosive substances”.

Its inspector accused the oil major of failing to ensure valves on the rig were kept in “efficient working order and in good repair”.

Shell has been given until March 8 to comply with the improvement notice.

A spokesman for Shell UK said: “Shell UK can confirm that we were issued with an HSE improvement notice on 8th December 2017 in relation to a small hydrocarbon release on our Brent Bravo platform in the North Sea. read more

Royal Dutch Shell one of the companies with biggest pensions deficit

After Carillion how many firms can the pensions lifeboat rescue? 

The Pension Protection Fund can absorb the firm’s liabilities but the spotlight is now on others with big pension deficits

The companies with the biggest deficits, according to a report last year from pension consultants LCP, are Royal Dutch Shell, BP, BT and BAE Systems. The four FTSE 100 companies each had a deficit of more than £6bn in 2016. read more

Dutch Minister says Groningen discussions with Shell/Exxon (NAM) may become ‘messy and bloody’

The minister did not want to reveal anything about the discussions about the claims handling with the owners of NAM, Shell and ExxonMobil. Wiebes fears that this will damage the State’s negotiating position. Those conversations may become ‘messy and bloody’, Wiebes said.

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

Minister Wiebes is not chased with claims protocol for Groningen

Louis Hoeks • Economics & Politics

Minister Eric Wiebes of Economic Affairs and Climate (VVD) is not keen on drafting a protocol for the claims handling of gas extraction in Groningen. That turned out to be Tuesday during a noisy and sometimes emotional debate with the House of Representatives.

Wiebes: ‘It should be as soon as possible and not as fast as impossible.’ However, he said he would have to come up with a plan in the coming quarter to reduce gas use in industry, in homes and for export. read more

Shell Takes a Last Exit From Mideast Oil — WSJ

By Sarah Kent and Benoit Faucon

LONDON — Royal Dutch Shell PLC is giving up on its last oil fields in Iraq, leaving the world’s second-biggest oil company with a dwindling footprint in the Middle East — a region it helped build into a petroleum powerhouse. Shell said Monday it is selling for an undisclosed amount a stake in the West Qurna 1 oil field in Iraq to Japan’s Itochu Corp., the latest step in a gradual retreat from the region. The company is also expected to give up its holding in Iraq’s Majnoon oil field later this year, though it will retain its natural-gas interests in the country. FULL ARTICLE read more

U.S. oil industry set to break record, upend global trade

Liz Hampton: 16 JAN 2018

HOUSTON (Reuters) – Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day – toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago. And this new record, expected within days, likely won’t last long. The U.S. government forecasts that the nation’s production will climb to 11 million barrels a day by late 2019, a level that would rival Russia, the world’s top producer. FULL ARTICLE read more

AMNESTY INTERNATIONAL SAYS SHELL UNDERSTOOD THE RISKS OF CALLING FOR MILITARY INTERVENTION IN THE NIGER DELTA

The police officers, using guns and grenades, killed 80 people…

Extract from pages 8 & 9 of an Amnesty International document headed: “A CRIMINAL ENTERPRISE? SHELL’S INVOLVEMENT IN HUMAN RIGHTS VIOLATIONS IN NIGERIA IN THE 1990s”

Under Executive Summary.

SHELL UNDERSTOOD THE RISKS OF CALLING FOR MILITARY INTERVENTION

There is irrefutable evidence that Shell knew that the Nigerian security forces committed grave violations when they were deployed to address community protests. The company knew the risks since at least 1990, when Shell called for the assistance of a paramilitary police unit to deal with peaceful protestors at Umuechem village, also in the Niger Delta. According to an official enquiry, the police descended on the community, “like an invading army that had vowed to take the last drop of the enemy’s blood.” The police officers, using guns and grenades, killed 80 people. read more

399 Former Shell Malaysia Employees Sued Shell for Misappropriation of Retirement Funds

Extracts 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.)

Brief extract from page 50

Extract Begins

TEAM A

Dr Huong was not the only former employee of Shell Malaysia that we were in contact with. We also published articles about a group of 399 former Shell Malaysia employees known as “Team A” (see center screenshot on previous page). They successfully sued Shell for alleged misuse of their pension funds, but the decision was reversed on appeal after Shell exploited a time-limit loophole.

Extracts from the John Donovan ebook end.

Related further information

The above photograph was taken immediately after the Malaysian High Court ruled in favour of 399 former Shell employees known as “Team A” in what was an epic class action lawsuit. The Judge ruled that Shell had acted “unlawfully” in making deductions from the employee retirement pension funds. Under a hard-hearted management, headed by then Chairman Jon Chadwick, Shell successfully appealed the decision by exploiting a legal loophole relating to litigation time limits. Many of the former employees were elderly, sick and dying. read more

Why the Dutch are Missing Out on the Global Natural Gas Glut

The world may never have produced more natural gas, but that’s little comfort for the Dutch government as it seeks to replace flows from Europe’s biggest field.

Lawmakers in the Netherlands on Tuesday will discuss options to supply their pipeline network, which was built around the relatively poor-quality gas from the Groningen deposit. More than a half century of production there triggered earthquakes, forcing the scaling back of output.

Progressive Decline

Annual gas output from the Groningen gas field under new rules read more

FACTBOX-Shell oil heist: the story so far

John Geddie, Fathin Ungku: JAN 16, 2018 SINGAPORE, Jan 16 (Reuters) – Singapore authorities say they have uncovered a complex, cross-border scheme to steal large quantities of oil from Shell’s biggest refinery. Their investigations have so far entangled several international companies in incidents going back months. Fourteen men face charges, the latest of which were announced on Tuesday. Police have also seized an oil tanker and millions of dollars in cash, and frozen suspects’ bank accounts. And there could be more arrests. Shell first contacted the authorities in August 2017 about suspected theft at its Pulau Bukom site, just south of the country’s main island.

Here’s what we know so far:

Shell invests in solar, but still plowing money into oil

Still, as company invests in solar firm, it plans to commission oil production vessel

Photo: John Davenport, STAFF

January 15, 2018 Updated: January 15, 2018 9:29pm

Shell Oil Co. plans to plow around $200 million into a Tennessee solar company, the latest deal that finds a major oil company investing in renewable energy as the industry prepares for a day when crude demand plateaus. A unit of Houston’s Shell Oil will purchase almost half of Silicon Ranch Corp., a Nashville company that operates solar projects around the United States, for up to $217 million, the company’s biggest investment in utility-scale solar energy yet, the company said on Monday. Shell Oil is the U.S. subsidiary of Royal Dutch Shell, the Anglo-Dutch oil major. FULL ARTICLE read more

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