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Posts from ‘May, 2019’

MOSOP Cautions Against Forceful Oil Resumption in Ogoniland

The MOSOP president said the Ogoni struggle for justice in Nigeria has consumed over 4,000 lives and currently endangers the lives of over 1,000,000 people owing to Shell and Nigeria’s unjust practices and unfair laws that oppress indigenous communities like the Ogoni people. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Say Dutch Tax Break Not Politically Viable

May 29, 2019, 7:59 PM

Senior executives from Netherlands-based Royal Dutch Shell Plc and Koninklijke Philips NV have admitted the tax regimes that allowed them to pay no, or very little, tax are no longer publicly palatable—but they want to work with lawmakers to improve investment appeal.

“If people in this country are unwilling to accept that the outcome of the laws that you have made is that companies like mine don’t pay taxes, then I think you have an obligation” to think about what… read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Reuters: Shell pledges to reveal the taxes it pays in every country

“I understand that for many people… being seen to make profits here in the Netherlands and not having any profit to pay tax on can be odd.”

29 MAY 2019: AMSTERDAM (Reuters) – Oil and gas giant Royal Dutch Shell PLC will disclose how much tax it pays in every country in which it operates, an executive told a Dutch parliamentary panel on Wednesday, in a report to be published later this year.

Shell’s vice president for taxation Alan McLean made the promise at a hearing on taxation of multinationals called by parliament after reports emerged last year that Shell does not pay any corporate tax in the Netherlands, despite being headquartered in The Hague.

Ahead of Wednesday’s panel, Shell disclosed that it does not pay Dutch corporate taxes apart from at its NAM gas subsidiary, a joint venture with Exxon.

Worldwide, Shell reported it paid $10 billion (7.92 billion pounds) in corporate tax in 2018 and that it had an effective tax rate of 33 percent.

However, in the relatively small Dutch market it was able to use deductions on loss-making operations elsewhere to reduce its corporate tax bill to zero.

“When there’s a loss there’s no profit tax to be paid, so the arithmetic is simple,” Alan McLean told sceptical lawmakers. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Seeking Alpha: Dutch regulator wants Groningen gas production cut faster than planned

|About: Royal Dutch Shell plc (RDS.A)| By , SA News Editor

Production at the Groningen natural gas field in the Netherlands needs to be cut faster than planned, Dutch gas sector regulator SodM says after a 3.4 magnitude earthquake hit the region last week.

“From a safety perspective, SodM recommends that not more than 12B cm be extracted from the Groningen gas field in the following gas year in the event of an average winter,” the regulator says. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

OilPrice.com: Shell Vows Not To Return Pumping Oil In Troubled Nigerian Region

Earlier this month, a Dutch court ruled that it had the jurisdiction and would hear a damages lawsuit against Shell brought by the widows of activists executed by Nigeria’s government after the protests in Ogoniland in the 1990s.

By Tsvetana Paraskova May 27, 2019, 4:00 PM CDT

The Nigerian unit of Royal Dutch Shell doesn’t have any plans to return to exploring or producing oil in Ogoniland in Nigeria’s Rivers state after it ceased operations there in the 1990s, Igo Weli, General Manager, External Relations, at the Shell Petroleum Development Company (SPDC) said this weekend at the release of Shell Nigeria’s 2019 Briefing Notes.

SPDC, as operator of the SPDC Joint Venture, carried out exploration and production operations in Ogoniland from the 1950s until the early 1990s. Production ceased in 1993 following a rise in violence, threats to staff, and attacks on facilities, Shell said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Nigeria and Royal Dutch Shell begin contract negotiations

Last year, Nigeria’s Supreme Court ruled in favour of a group of oil-producing states that had sued the federal government for not collecting enough of the proceeds from the country’s oil wealth, which the lawsuit estimated at about $20bn. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Prelude, suddenly, everything is not so tickety-boo

Reading Rob Jäger, who I knew in Shell many years past, is like listening somewhat to my comments about Prelude starting way back in 2012 or so being replayed and replayed………suddenly, everything is not so tickety-boo. Think it’s telling that this historically proud, nay boastful and confident project so sure and aware of itself in the past is so reluctant to give a firm start-up date for LNG and so reluctant to just tell the world why?

By retired Shell Global Safety Consultant, Bill Campbell

Just some background thoughts, we all wish this project well but there is a lot that doesn’t appear to stack up in the Jager piece

Reading Rob Jäger, who I knew in Shell many years past, is like listening somewhat to my comments about Prelude starting way back in 2012 or so being replayed and replayed………suddenly, everything is not so tickety-boo.  Rob talks about safety and risk so underplayed before, he talks about large vessel but small area for LNG plant so underplayed before, he talks about risk almost discounted before because Prelude was so safe , now Safety, safety is the key, its the first project by the way in the long history of Shell that is in his words NOT driven by milestones and schedule, sorry don’t believe a word of it. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Prelude boss Rob Jager talks about the world’s biggest offshore facility

Peter Milne: The West Australian Thursday, 23 May 2019 11:29PM

Shell veteran Rob Jager had been contemplating retirement in his native New Zealand when he got called up to take responsibility for the world’s biggest offshore facility.

When he arrived in Perth in November, Shell’s 488m-long Prelude floating LNG project had been moored to the seabed off the Kimberley for 12 months and was yet to produce.

Six months later, Prelude has produced condensate. It is still to churn out LNG but when Mr Jager,right, talks about the project there is one point he makes above all else: “We’re not driven by milestones, we’re not driven by schedule, we’re driven … to make sure that it’s safe to start up.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell admits paying no Dutch income tax: zilch, zero

English translation of a Dutch article by…

Shell confirms: no income tax paid in the Netherlands

Shell does not pay income tax in the Netherlands. Earlier reports about this in the media are correct, say Dutch Marjan van Loon and executive vice-president taxation Alan McLean this week in Elsevier Weekblad.

Although Shell Nederland makes an annual profit – in 2016 and 2017 respectively 1 and 1.3 billion euros – the company is on balance loss-making “as a natural consequence of the Dutch tax system,” says McLean in Elsevier Weekblad. He and Van Loon say that Shell “fairly pays taxes in the Netherlands, both in the letter and in the spirit of the law”. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Major Earthquake in Groningen Induced by NAM Shell/Exxon JV

NAM is the Shell/Exxon Joint Venture company responsible for the earthquake blighted Groningen Gas Field and consequential potential bill for untold billions to deal with damaged residences.

English translation of an article published 22 May 2019 by De Telegraaf

Major earthquake in Groningen: “Bed quivered, everyone awake”

Updated Yesterday, 9:26 AM
Yesterday, 6:38 AM in the UK

GRONINGEN – The province of Groningen was shocked early on Wednesday morning by an earthquake. This had a power of 3.4, according to the KNMI. According to the meteorological service, the epicentre of the quake was in the village of Westerwijtwerd. That lies as the crow flies about 18 kilometres northeast of the capital Groningen.

The worst earthquake in Groningen so far was in 2012 in Huizinge (in the municipality of Loppersum). It had a power of 3.6. In January an earthquake occurred in the Groningen village of Zeerijp. It also had a power of 3.4. The day after that quake, about a thousand reports of damage arrived. According to the KNMI, this new quake will most likely again cause many damage reports. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Groningen earthquakes rattle Shell AGM

Questions were raised at the Shell AGM on Tuesday about the earthquakes that occurred last weekend in the Groningen region and about the delays in NAM compensation payments arising from past earthquake damage to Groningen residences. Ben van Beurden apologised for the delays. The following day, a “major” earthquake occurred. See the FD article below. NAM is the Shell/Exxon Joint Venture company responsible for the earthquake blighted Groningen Gas Field and consequential potential bill for untold billions to deal with damaged residences.

Printed below is an English translation of an article published 22 May 2019 by the Dutch FT, Financieele Dagblad.

Wiebes finds one word important in Groningen earthquakes: pace

From our editor: Last update: 10 pm: May 22, 2019

Minister Wiebes of Economic Affairs and Climate sympathizes with the people of Groningen, who are ‘affected again by new damage and are concerned about their safety.’ That is what the VVD minister said on Wednesday during a – previously planned – general consultation on Groningen gas extraction.

“One thing is now important on all fronts: more speed, more pace,” says Wiebes. The minister emphasized in a statement before the start of the debate that the reduction of gas extraction, which reduces the quakes, is ahead of schedule. “But we are looking for more ways to get the extraction down faster.” Opposition politicians are critical. Henk Nijboer (PvdA) states that Wiebes has said ‘nothing new’ and Sandra Beckerman (SP) wants a debate with Prime Minister Rutte to be held. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

FT: Why Shell and BP are on different tracks on carbon

, Energy Editor: 23 MAY 2019

The annual general meetings of BP and Royal Dutch Shell this week confirmed Europe’s two largest oil and gas majors are on diverging tracks in the battle against climate change. Both companies now accept the need to overhaul their businesses in a manner that would have been unthinkable even five years ago, as the clamour from investors and activists has become too loud to ignore. But their approaches differ…

FULL FT ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Activists demand end of Shell, fossil fuel at shareholder meeting

Toby Sterling: MAY 21, 2019

THE HAGUE (Reuters) – A group of environmental activists tried to disrupt Royal Dutch Shell’s annual shareholder meeting on Tuesday, calling for this year’s gathering to be the company’s last.

Around 20 activists from Dutch environmental action group Code Rood (Code Red) dressed in red jumpsuits held up banners with the slogan “shut down fossil power” and jeered at passing shareholders as they stood outside the energy giant’s meeting in the seaside town of Scheveningen near The Hague. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Ben van Beurden: One The World’s Most Reputable CEOs 2019?

Vicky Valet:

At first glance, the CEO of Royal Dutch Shell might seem an unlikely candidate to rank high on a list of this nature. After all, not only has the energy sector long been regarded by the general public as one without much of a moral compass, but the business Van Beurden leads isn’t counted among the world’s most reputable. None of this is news to him, and since rising to the helm in 2014, he’s made rewriting the narrative a priority, and a public one at that. “Doing the right thing is the single biggest driver of reputation,” Hahn-Griffiths says. “His leadership style—lead from the front, not the back—says not only is he a highly ethical CEO, but he has empathy and the desire to make the world a better place to live.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Nederland admits paying no tax on profits, due to Dutch system

MAY 22 2019

Anglo Dutch Oil and gas giant Shell has admitted paying no tax on profits earned in the Netherlands in an interview with current affairs magazine Elsevier.

In the interview, Shell Nederland president Marjan van Loon and Alan McLean, the multinational’s executive vice-president taxation, say that even though Shell Nederland makes a profit – €1.3bn in 2017 – the company is loss making, ‘as a natural consequence of the Dutch tax system’.

In the Netherlands Shell, McLean told the magazine, ‘pays fair tax in line with both the letter and the spirit of the law.’ read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

The arsonist complains about the diligence of the fire brigade

RETIRED SHELL CHIEF SAFETY OFFICER: Royal Dutch Shell (RDS) has gained its reputation as an organisation with no morality that if it can get away with it will lie repeatedly even when trapped by its own evidence, by its own falsehoods. It seems based on its track record RDS has no justification to support its protestations about public authorities using whatever legitimate means they can to dig out from the corruption cesspit the truth.  

By Bill Campbell [from 1996 to retirement Upstream Senior Maintenance Engineer, Global Consultant on this and Techical and Finance audits before retirement as SIEP Audit Manager]

Re the article on the Moerdijk explosion and the Dutch prosecutors getting to the truth don’t you think it’s a bit rich that RDS protests? Royal Dutch Shell (RDS) has gained its reputation as an organisation with no morality that if it can get away with it will lie repeatedly even when trapped by its own evidence, by its own falsehoods. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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