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March, 2018:

NAM places GPS antennas in Groningen gas field area to monitor earthquakes

Printed below is an English translation of information published today by Nederlandse Aardolie Maatschappij BV (NAM), a joint venture between Royal Dutch Shell and ExxonMobil each owning a 50% share in the company responsible for the earthquake blighted Groningen Gas Field and consequential potential bill for untold billions in damages to effected residences.

NAM will install 30 GPS antennas in the coming weeks and around the Groningen gas field. The soil subsidence of the Groningen gas field is monitored with the GPS antennas. The measurement data are used for the risk studies in the context of the earthquakes.
 
Measurements at one location make it possible to immediately compare soil subsidence results. Possible measurement differences are discussed with, among other things, State Supervision of Mines (SSM).
 
Placing the GPS antennas is part of the measurements made in the framework of the so-called Study and Data Acquisition Plan of NAM, part of the 2016 Winningsplan.
 
The GPS units are placed wherever possible within the enclosure of existing mining sites. The units must operate without being affected by vibrations, such as caused by local traffic.
 
Read more on NAM.nl for more information about placing the 30 GPS antennas. 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 joins effort to electrify services at petrol stations

Sky’s Ian King explains a change in attitudes among oil majors to the petrol station forecourts carrying their brands.

Wednesday 21 March2018

Ever wonder what happened to all the petrol stations in Britain?

It’s no secret that the number has fallen substantially during recent years, with just over one in three petrol stations closing since the beginning of the century. At the end of November last year, according to the Petrol Retailers Association, the UK was down to 8,407 sites, just over half of which trade under the BP, Shell, Esso and Texaco brands. Going further back, the numbers are even more stark. Since 1970, three-quarters of petrol stations have shut. FULL ARTICLE 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.

Nigeria: Oil Communities Storm NASS, Protest Against Land Re-Acquisition Fees By Shell

Nigeria: Oil Communities Storm NASS, Protest Against Land Re-Acquisition Fees By Shell

21 March 2018

Abuja — OIL Producing Communities under the aegis of Landlords of Shell Oil Producing Communities of Niger Delta, yesterday, stormed the National Assembly, protesting the non-payment of land owners by an oil company, Shell Petroleum Development Company, SPDC. The protesters who besieged the main gate of the National Assembly Complex in Abuja yesterday, decried the discriminatory payment for land re-acquisition and rentals for land by the oil company, just as they accused the company of divide and rule. FULL ARTICLE 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.

Auction of Oil Drilling Tracts in Gulf Draws Tepid Interest

HOUSTON — In a setback to Trump administration efforts to increase offshore oil production, the industry responded with only modest interest on Wednesday in a federal auction covering a record 77 million acres in the Gulf of Mexico. Companies bid on only 1 percent of the acreage, and the winning bids yielded a mere $125 million for the government. The results reflected broad uncertainty among oil executives that global oil prices can remain at current levels over $60 a barrel, as well as a general preference for drilling in onshore shale fields that require smaller investments and are less risky. FULL ARTICLE 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 Mulls 15-Year Deal for Israeli, Cypriot Gas, Partner Says

Yaacov Benmeleh: 21 March 2018: Updated 22 March 2018

(Bloomberg) — Royal Dutch Shell Plc is weighing a 15-year contract to buy natural gas for its liquefied natural gas plant in Egypt from offshore fields in Cyprus and Israel. Shell is in talks to purchase 6 billion cubic meters of natural gas a year from the Aphrodite field, located in Cypriot waters, according to Delek Drilling LP’s annual report Wednesday. A potential deal also could include gas from the neighboring Leviathan reservoir, Israel’s largest pool, which is expected to start production by the end of 2019. FULL ARTICLE 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.

U.S. judge to question Big Oil on climate change

David Levine: 21 MARCH 2018

SAN FRANCISCO (Reuters) – Five of the world’s biggest energy producers will be questioned by a federal judge on Wednesday about climate change science, part of a lawsuit that accuses the companies of misleading the public for years about their role in global warming. The cities of San Francisco and Oakland, California sued Chevron Corp (CVX.N), Exxon Mobil Corp (XOM.N), ConocoPhillips (COP.N), Royal Dutch Shell PLC (RDSa.L), and BP PLC (BP.L) last year, seeking an abatement fund to help the cities address flooding they say is a result of climate change. FULL ARTICLE 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 expects chemicals business to earn up to $4 billion annually by 2025

Royal Dutch Shell expects its chemicals division to earn between $3.5 billion to $4 billion annually by 2025, and Beaver County’s ethane cracker plant will likely play a role in that. Shell executives made those remarks Wednesday during an open house for investors. The event was designed to highlight the gains being made in Shell’s many downstream businesses, which includes the chemicals sector. The company, which is in the midst of building a $6 billion cracker plant in Potter Township, has repeatedly maintained its Beaver County project will be ready for production sometime early in the next decade. FULL ARTICLE 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 bets on petrol stations as electric revolution looms

Ron Bousso: MARCH 21, 2018

LONDON (Reuters) – Royal Dutch Shell is placing a big bet on petrol stations and convenience stores in China, India and Mexico as it looks to shore up profits during the electric car revolution. By 2025, the oil and gas giant plans to grow its global network of roadside stations by nearly a quarter to 55,000, targeting 40 million daily customers, Shell said in a statement on Wednesday. It will add another 5,000 convenience stores selling coffee and snacks, with growth focused on rapidly growing economies in emerging markets. FULL ARTICLE 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 sees downstream annual organic free cash flow of $6-$7 bln by 2020

Shell sees downstream annual organic free cash flow of $6-$7 bln by 2020

Reuters Staff: MARCH 21, 2018

March 21 (Reuters) – Oil major Royal Dutch Shell on Wednesday reiterated its expectation to generate $6 billion to $7 billion annual organic free cash flow by 2020 for its downstream business. 

The business, including refining, trading, marketing and chemicals has proved its importance during the oil industry’s downturn since 2014, providing the bulk of Shell’s profits as the price of crude collapsed.

Shell has in recent years transformed its downstream business by selling some plants and upgrading others, helping the company ride out oil price fluctuations and shifts in demand and deliver double-digit returns on capital employed. FULL ARTICLE 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.

UPDATE 2-Mubadala advances $1 bln Malaysia Pegaga gas field project

UPDATE 2-Mubadala advances $1 bln Malaysia Pegaga gas field project

Reuters Staff: MARCH 21, 2018

KUALA LUMPUR, March 21 (Reuters) – Mubadala Petroleum, Petronas and Royal Dutch Shell will spend more than $1 billion to develop Malaysia’s Pegaga gas field, aiming to produce gas by the third quarter of 2021, Abu Dhabi-based Mubadala said on Wednesday. The project in Block SK320, located in the Central Luconia province, offshore the East Malaysian state of Sarawak, will now proceed to the construction and installation stage, the company said in a statement. FULL ARTICLE 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.

Giant Oil Trader With No Women in Top Jobs Says Change Must Come

U.K. figures on gender pay gaps show that female employees at Royal Dutch Shell Plc’s trading unit earn 62 percent less in bonuses than male colleagues.

Commodity houses must do more to get women into top jobs, according to Vitol Group, the biggest independent oil trader, and a firm that like others in the industry staffs its leadership committee entirely with men. “We accept that it’s not good enough,” Chairman Ian Taylor said in an interview in Lausanne, Switzerland. “It’s an industry problem.” There are no women on the executive leadership committees of Vitol, Glencore Plc or Trafigura Group Ltd., the three biggest independent oil traders and two biggest metals traders. Bloomberg News reported this week that of the top 40 commodity trading houses, only 4.2 percent of such jobs are held by women. FULL ARTICLE 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.

Chevron Says Climate Change Lawsuit `Not Viable’ As It Prepares To Educate Judge On Science

Daniel Fisher: Writer and communications consultant and former senior editor with Forbes magazine; 21 March 2018

Five of the world’s largest oil and gas producers have filed a motion to dismiss a climate change lawsuit against them by the cities of Oakland and San Francisco even as they prepare to deliver an unusual “tutorial” on climate science to the federal judge overseeing the case. In a 45-page filing on Tuesday, Chevron, BP, ConocoPhillips, ExxonMobil and Royal Dutch Shell urged U.S. District Judge William Alsup to dismiss the lawsuit seeking billions of dollars to pay for costs associated with global warming. The oil companies argue the U.S. Supreme Court and the U.S. Court of Appeals for the Ninth Circuit have repeatedly rejected similar lawsuits against oil companies, the auto industry and electric utilities because Congress has given authority to regulate CO2 emissions exclusively to the Environmental Protection Agency. FULL ARTICLE 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.

Why buy an electric car? — when you can wash away your carbon footprint at the gas station

Royal Dutch Shell Plc is rolling out a program in Europe that will allocate as much as 2 cents per litre from the sale of gasoline at its stations to replant forests. NATIONAL POST

CALGARY – You could soon be able to wash away your carbon footprint at your gas station. Royal Dutch Shell Plc is rolling out a program in Europe that will allocate as much as 2 cents per litre from the sale of gasoline at its stations to replant forests. The initiative could come to Canada soon, as the company plans to roll it out to the general public. FULL ARTICLE 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 CEO Ben van Beurden: ‘Set achievable goals, otherwise energy transition will be great disappointment’

Shell CEO Ben van Beurden

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

Bert van Dijk Entrepreneurship: 20 March 2018

The idea that the world can do without oil or gas in the short term is not realistic. Shell CEO Ben van Beurden argues for setting feasible goals. If that does not happen then ‘the energy transition becomes a big disappointment’. Van Beurden said that on Monday evening in the first Elsevier Economics lecture in De Rode Hoed in Amsterdam.

The Shell Chairman of the Board held a plea for a sold out room for cooperation with governments, NGOs, companies and citizens to successfully realize the transition from fossil fuels to sustainable energy sources. In doing so, he emphasized, as he did before, that more realism is needed. 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.

Polish Foreign Ministry to Advise Germany Against Nord Stream 2 After Salisbury

Sputniik International (Russian Publisher) 19 March 2018

WARSAW (Sputnik) – Poland will try to convince Germany to reconsider the Nord Stream 2 pipeline in the wake of the nerve agent attack on former Russian intelligence officer Skripal in London, Polish Secretary of State for European Affairs Konrad Szymanski said Monday.

“[Nord Stream 2] will surely be the most important issue of the talks, because after Salisbury we have a new situation. It is, beyond doubt, one of the aspects of Russian policy regarding Europe, not regarding the UK. And we should consider once again whether Russia is a trustworthy partner… Nord Stream 2 carries only negative consequences, but Germany is an independent state as much as Poland,” Szymanski told RMF FM radio. 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 Management Presents Its “World-Class Investment Case”

Management thinks the things it has done in recent years will set it up to deliver huge returns for shareholders.

Tyler Crowe (TMFDirtyBird) Mar 19, 2018  It’s hard for a $250-billion-plus business to change its stripes, butRoyal Dutch Shell’s(NYSE:RDS-A)(NYSE:RDS-B) has done a rather incredible job over the past few years transforming the company into one of the most compelling investments in the integrated oil and gas industry. 

Now that Shell has weathered the storm of low oil prices and is back to generating returns, management has plans both within and without the oil industry to preserve what it calls a “world-class investment case.” Here are several quotes from the company’s most recent earnings conference call that highlight some of the efforts Shell is taking to both grow the business and make the stock a better investment. 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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