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September, 2019:

The Times: BP and Shell projects ‘will become unviable’

The Times

About $50 billion of projects approved by oil companies including Royal Dutch Shell and BP within the past year will fail to deliver economic returns if the world meets the Paris climate goals, according to new analysis.

Shell’s huge Canadian liquefied natural gas project, approved last October, and BP’s latest Azerbaijan oil development, approved in April, are among projects that risk becoming “stranded assets”, according to Carbon Tracker, a not-for-profit think tank, which aims to “align capital markets with climate reality”. 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 Resumption in Ogoni: Shell Group Plan Fresh Plots Against MOSOP

Oil Resumption in Ogoni: Shell Group Plan Fresh Plots Against MOSOP

Printed below in italics is information and allegations received tonight from Ogoninews, Ogoniland. 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.

Belgium opposes Shell abandoning drilling platform foundations in the sea

Belgium, plus four other countries and the European Commission are opposed to the Shell Oil company leaving the foundations of three old drilling platforms in the North Sea, De Morgen indicated on Thursday.

Brent Bravo, Brent Charlie and Brent Delta platforms are located in the British part of the North Sea. Shell is dismantling these platforms, but the company wants to leave the foundations that are above the sea level by 24 meters.

Belgium, Germany, Sweden, the Netherlands and Luxembourg have filed a complaint to the company. “We require certification that it will have no consequences on the environment. The company cannot currently guarantee this,” Minister in charge of the North Sea Philippe De Backer (Open VLD, Flemish liberal democrats) said. The European Commission has also expressed its concerns. 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.

Danish pension fund dumps oil majors on climate change concerns

The $20 billion fund says oil companies including ExxonMobil and Royal Dutch Shell are not doing enough to meet goals set out in the Paris Agreement. But the fund has ruled out a blanket ban on fossil fuel companies.

5 Sept 2019

A Danish pension fund has said it would sell its stake in major oil companies as their business models are incompatible with the goals set out in the Paris climate agreement.

MP Pension, a $20 billion (€18 billion) pension for Danish M.A’s, M.Sc.’s and Ph.D’s who are employed in public sector universities and upper secondary schools, said it would dump its stakes in 10 of the world’s largest oil companies, including ExxonMobil, BP, Chevron, PetroChina, Rosneft and Royal Dutch Shell. 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.

REUTERS: Exxon, Shell cannot revive $1.8 billion Nigerian arbitration award – U.S. judge

Exxon, Shell cannot revive $1.8 billion Nigerian arbitration award – U.S. judge

5 Sept 2019

By Jonathan Stempel

NEWYORK (Reuters) – A U.S. judge on Wednesday rejected Exxon Mobil Corp’s <XOM.N> and Royal Dutch Shell Plc’s <RDSa.L> effort to revive a $1.8 billion arbitration award against Nigeria’s state-run oil company, which stemmed from a dispute over a 1993 contract to extract oil near the African country’s coastline.

U.S. District Judge William Pauley in Manhattan cited public policy and due process considerations in deciding not to enforce the October 2011 award against Nigerian National Petroleum Corp (NNPC), which was subsequently set aside by courts in Nigeria. 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.

North Sea oil rigs set to be abandoned while still full of crude oil and chemicals

Shell requires UK government permission to leave sub-aquatic structures in place

Shell’s Brent Delta Topside offshore oil drilling rig platform is towed by tug boats up the River Tees to Able Seaton Port for decommissioning in England ( Getty )

Thousands of tonnes of hazardous waste including crude oil could be abandoned in decaying North Sea rigs by Shell with the permission of the UK government, prompting growing concerns among other European countries.

Due to the cost and difficulty of dismantling the structures, the oil giant has proposed leaving the vast concrete legs from three oil rigs standing in the waters. 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.

Guardian: UK facing EU outrage over ‘timebomb’ of North Sea oil rigs

Germany leads complaint against plan to leave polluted remains of Shell rigs in place…

The British government is facing growing outrage from the European commission and five EU member states over its plans to leave some decommissioned oil rigs in the North Sea, with one senior German official describing the UK’s proposal as a “grotesque idea” that amounts to a “ticking timebomb”.

Disassembling the enormous pieces of infrastructure, each of which can be as tall as the Eiffel Tower, is a costly undertaking, and this year the UK government is intending to endorse plans by Shell to leave behind one steel jacket and the concrete bases beneath three of the platforms of its Brent oilfield installation. 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.

A $20 billion Denmark fund is selling its stakes in the 10 biggest oil companies because they haven’t hit climate goals

Bloomberg News: Mikael Holter and Christian Wienberg: September 3, 2019 

A $20 billion fund in Denmark, MP Pension, is selling its stakes in the 10 biggest oil companies after deciding they haven’t done enough to live up to climate goals set out in the Paris accord.

The divestment, which represents a total of 644 million kroner (US$95 million), means MP will no longer hold shares in ExxonMobil, BP, Chevron, PetroChina, Rosneft, Royal Dutch Shell, Sinopec, Total, Petrobras or Equinor, according to an emailed statement on Tuesday. 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.

Dutch pension fund blacklists oil companies, including Shell

MP Pension’s board of directors pledged in 2018 to dump all shares in coal, tar sands and oil activities by the end of 2020, and excluded all coal and tar sands companies from its investments last year.

Dutch pension fund blacklists oil companies, including Shell

4 SEPTEMBER 2019 BY

The Danish pension fund for academics, MP Pension, has blacklisted 10 of the world’s largest oil firms, a decision that will mean divesting DKK644m (€86m) of stocks.

In addition, the pension fund is considering the impact of divesting from bonds issued by oil firms.

The fund said it wanted to take responsibility for the green transition while securing long-term investment returns.

Anders Schelde, CIO of MP Pension, said: “We do not believe that this sector can deliver a return on a par with the rest of the market in the coming years. 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.

Sir Henri Deterding’s admiration and support for another fascist dictator, Mussolini

Sir Henri Deterding’s admiration and support for another fascist dictator, Mussolini

By John Donovan

I have already published an ebook and website focussed on Royal Dutch Shell leader Sir Henri Deterding and his admiration and support for the Nazi dictator, Adolf Hitler, who he met a number of times on behalf of Shell.

Hitler was not the only fascist dictator admired and supported by Deterding.

In his autobiography “AN INTERNATIONAL OILMAN” (pages 13 and 14) Sir Henri made plain his high regard for the Italian dictator, Benito Mussolini.

In Italy, not long ago, it fell to my lot to talk with Mussolini, a man who, regard him as you may, has shown a driving force almost unparalleled in running a country-though from such outward manifestations as are seen in the present-day world, I wouldn’t say that the running of a country was at all the same thing as the running of a business. Too often, the men who run countries have never run businesses, as the results of their government so painfully show. But that is by the way. 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.

REUTERS: Danish pension fund excludes top oil firms on climate concerns

Danish pension fund excludes top oil firms on climate concerns

SEPT 3, 2019

COPENHAGEN (Reuters) – Danish pension fund MP Pension said on Tuesday it would sell its stakes in 10 of the world’s biggest oil firms as it seeks to divest major sources of carbon emissions from its portfolio.

MP Pension said it would sell its stakes in ExxonMobil, BP, Chevron, PetroChina, Rosneft, Royal Dutch Shell, Sinopec, Total, Petrobras and Equinor.

“The divestment happens because MP assesses that the companies’ long-term business models are incompatible with the climate goals set in the Paris Agreement,” it said in a statement. 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.

The Guardian: New York Times drops sponsorship of oil conference

The New York Times has scrapped plans to sponsor one of the world’s biggest oil industry conferences after pressure from climate campaigners including Extinction Rebellion. There were protests outside the newspaper’s offices in Manhattan this month over the Oil and Money conference, which is in its 40th year and which green groups have called a “climate crime scene”. According to the event’s website, keynote speakers this year will include Bob Dudley, the chief executive of BP, and Ben van Beurden, the boss of Royal Dutch Shell. 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 woeful August risks run as  2nd-largest oil major

Shell had it worst. Its B shares in London have plunged more than 12% last month, a decline not seen since the 2008 financial crisis, which has knocked almost £26bn ($32bn) off its market value. That’s put chief executive officer Ben van Beurden’s dream of being No 1 in the industry by every measure even further out of reach. 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.

Very Critical Press Coverage Extremely Likely to Impact Royal Dutch Shell (LON:RDSA) Share Price

News articles about Royal Dutch Shell (LON:RDSA) have trended very negative on Sunday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Royal Dutch Shell earned a media sentiment score of -3.88 on their scale. InfoTrie also gave news stories about the company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock’s share price in the near term. 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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