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October, 2019:

Gathering flight from investment in fossil fuel companies

Oct 25th, 2019
by John Donovan.
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Why Big Oil faces court cases that echo the litigation against Big Tobacco in the ’90s

Case that began in New York this week delves into what industry knew about climate change and when

Kelly Crowe · CBC News ·
The oil industry is facing a series of legal cases that are expected to examine what companies knew about the potential impact of climate change, when they knew it, and what they did with that information. (Kyle Bakx/CBC)

How much did the oil industry know about the impact of fossil fuel emissions on the climate? When did they know it? And what did they do with that knowledge?

Those are the central questions in a series of court cases attempting to hold companies accountable for their role in climate change.

It’s been called Big Oil’s “Big Tobacco” moment, echoing the famous litigation that exposed how tobacco companies deliberately generated scientific uncertainty even though they knew that cigarettes cause cancer. 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.

Three hundred MPs demand that their pension fund divests from fossil fuels

Oct 25th, 2019
by John Donovan.
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Three hundred MPs demand that their pension fund divests from fossil fuels.

Three hundred MPs are calling on the trustees of the £700m Parliamentary Pension Fund to take the financial risks of the climate crisis seriously and end investments in fossil fuel companies.

The cross-party initiative, backed by the leaders of Labour, the Liberal Democrats and the SNP as well as senior Conservatives, follows Parliament’s declaration of a climate emergency in May earlier this year and puts pressure on the trustees of the fund as they prepare to announce a new “Climate Change Investment Policy” in November. 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 New York Times: Earthquakes Are Jolting the Netherlands. Gas Drilling Is to Blame.

Oct 24th, 2019
by John Donovan.
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GRONINGEN, the Netherlands — Driving through fields of low-lying Dutch farmland you pass an occasional odd cluster of silvery pipes and tanks. They are the only visible sign that deep below this northeast corner of the Netherlands is one of the world’s largest natural gas fields.

Unless you stop by one of the nearby farmhouses weakened by earthquakes linked to gas extraction. At her handsome home in the village of Appingedam, Nicole van Eijkern pointed to sagging external walls and cracked ceilings. Heavy beams buttress her house, inside and out, and it is scheduled to be torn down. 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: Fossil fuel big five ‘spent €251m lobbying EU’ since 2010

Oct 24th, 2019
by John Donovan.
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Oil lobby’s reach into EU politics – The five biggest oil and gas companies – BP, Shell, Chevron, ExxonMobil and Total – and their industry groups have spent at least €251m (£217m) lobbying the EU over climate policies since 2010. Researchers say the figure represents the tip of the iceberg, as in some years companies made no declarations of spending in the voluntary EU transparency register. Pascoe Sabido, researcher at Corporate Europe Observatory, said the oil and gas lobby had “delayed, weakened and sabotaged EU action on the climate emergency thanks to their hefty lobby spending. A cool quarter of a billion over the last decade buys a lot of access and influence in Brussels.” 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. Supreme Court declines to issue stay in Baltimore suit against oil companies

Oct 23rd, 2019
by John Donovan.
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By Danielle Haynes

Oct. 22 (UPI) — The Supreme Court on Tuesday declined to stay the city of Baltimore’s lawsuit against a group of oil companies it accuses of contributing to climate change.

The high court’s decision clears the way for the U.S. 4th Circuit Court of Appeals to determine whether the case should proceed in state court. The oil companies — including BP, Chevron, ExxonMobil and Royal Dutch Shell — requested the stay, seeking to have various state-level lawsuits moved into federal court to eliminate the “costs and burdens of duplicative litigation.” 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. Supreme Court allows climate case targeting Big Oil to proceed

Oct 23rd, 2019
by John Donovan.
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The group of companies includes BP, Chevron, ExxonMobil and Royal Dutch Shell.

BY HARPER NEIDIG – 10/22/19 02:02 PM EDT The city of Baltimore’s lawsuit against a group of 26 major oil companies over their role in climate change will proceed after the Supreme Court rejected the energy giants’ request for a stay on Tuesday. The oil companies had asked for the Supreme Court to intervene after a federal judge ruled that Baltimore’s lawsuit could proceed in state court. The companies had sought to move the litigation to federal court in order to avoid potentially expensive litigation. The group of companies includes BP, Chevron, ExxonMobil and Royal Dutch Shell. Baltimore sued the energy giants last year, arguing that the companies are responsible for contributing to climate change and that the city is especially vulnerable to the resulting rise in sea level. The companies tried to get the case moved out of Maryland’s state court system and into federal district court. The district court denied the motion and the oil giants appealed to the 4th Circuit Court of Appeals. Citing multiple similar cases playing out in other states, the energy companies said that without a stay from the Supreme Court, they “would be unable to recover the cost and burdens of duplicative litigation.” The 4th Circuit will hear oral arguments in the appeal in December. SOURCE
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 petrochemical plant will erase 30 years’ worth of air quality improvements

Oct 23rd, 2019
by John Donovan.
1 comment

The Shell plant will erase 30 years’ worth of air quality improvements. It will result in higher rates of respiratory disease, heart disease, asthma, lost productivity, cancer, early deaths and adverse birth outcomes…

BY MATTHEW MEHALIK, PH.D.

As people concerned about the future of the Ohio River Valley, we wish to tell President Donald Trump, who is in Pittsburgh today bowing to petrochemical interests, that petrochemical development is the wrong path for our community. Our region has battled economic disinvestment following generations of heavy industrial development with a subsequent burden of cleaning up. One of the lessons we have learned is that life and health are precious.

The Shell plant will erase 30 years’ worth of air quality improvements. It will result in higher rates of respiratory disease, heart disease, asthma, lost productivity, cancer, early deaths and adverse birth outcomes in a community with existing poor health statistics. This industry will sacrifice our health and economy in order to overproduce plastics and put our water supply at risk. 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 Washington Post: How Climate Divestment Won Converts With Deep Pockets

Oct 23rd, 2019
by John Donovan.
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Extracts from an article by Kelly Gilblom | Bloomberg : Oct. 23, 2019 at 6:26 a.m. GMT+1

Can you strike a blow against climate change by getting rid of your oil company stocks — and can you do it without losing money? The idea is not just for activists anymore. Norway took a partial step in selling off oil and gas stocks in its massive $1 trillion wealth fund. And a growing number of investors who control trillions more are using the threat of divestment as a cudgel to force energy companies to adopt greener ways. Together these approaches are producing a notable disruption in the energy field. 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.

Bloomberg: U.K. Politicians Push for Divestment of BP and Shell Shares

Oct 22nd, 2019
by John Donovan.
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By Kelly Gilblom: 22 October 2019, 00:01 BST

Group of 300 British lawmakers seeking fossil fuel divestment

Dumping shares could restrict companies’ access to new capital

A group of 300 British politicians are pushing the trustees of the Parliamentary Pension Fund to sell shares of BP Plc and Royal Dutch Shell Plc to ward off the risks of climate change.

The group, organized by environmental non-profit 350.org, adds to pressure on the fossil fuel industry. Over the last two weeks, climate change activists from the group Extinction Rebellion have disrupted London by blocking roads and climbing on commercial airplanes. Just weeks before that, an estimated 7.6 million people globally took to the streets to protest continually rising emissions. 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 ‘Paid Nigerian Military’ – Archive evidence

Oct 21st, 2019
by John Donovan.
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Article from page 13 of the Nigerian newspaper “Dateline” published 4 Jan 1996.  Sourced from the archive evidence files of Esther Kiobel (right), one of the Ogoni 9 widows currently suing Shell in the Dutch courts. Her late husband Dr. Barinem Kiobel, can be seen in the same photo. Esther has been seeking justice from Shell for over two decades for its alleged complicity in his murder. 

Shell ‘Paid Nigerian Military’

By GEOFFREY LEAN

“Ruthless military operations” were proposed specifically to help Shell establish stability in its oil business in Nigeria, a confidential memorandum obtained by the Independent on Sunday reveals. It recommends”wasting vocal individuals.”

The internal state security memorandum which is marked “restricted” 12 times, says that regular financial “inputs” from oil companies have been discussed. A British environmentalist said yesterday that the author of the document had told him that his men had been paid by Shell to protect installations. 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.

Second Wave of International Institutional Investor Lawsuits Accusing Danske Bank of Fraud and Money Laundering Filed by Grant & Eisenhofer

Oct 21st, 2019
by John Donovan.
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G&E also directed litigation against Royal Dutch Shell which led to a $400 million investor settlement in 2007, the largest securities fraud settlement in Europe at the time.

NEWS PROVIDED BY: Grant & Eisenhofer P.A: Oct 21, 2019, 12:00 ET

COPENHAGEN, Denmark, Oct. 21, 2019 /PRNewswire/ — A second wave of lawsuits has been filed by an international coalition of institutional investors in the ongoing financial fraud case against Danske Bank A/S.

The new investor suits were brought by leading U.S. shareholder law firms Grant & Eisenhofer P.A.

G&E also directed litigation against Royal Dutch Shell which led to a $400 million investor settlement in 2007, the largest securities fraud settlement in Europe at the time. 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: Shell, Kashagan consortium exit Kazakh offshore projects

Oct 21st, 2019
by John Donovan.
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OCTOBER 21, 2019

NUR-SULTAN, Oct 21 (Reuters) – Energy company Royal Dutch Shell has pulled out of the Khazar offshore project in Kazakhstan, while a consortium of which Shell is a member has given up on Kalamkas, another small offshore block nearby, Kazakhstan said on Monday.

Khazar is located next to the giant Kashagan field, which the consortium is developing. Kazakhstan had hoped Shell would agree with its Kashagan partners on how to tap Khazar jointly.

But Kazakh authorities said the consortium, which also includes Eni, ExxonMobil, CNPC, Total, Inpex and Kazakh state firm KazMunayGaz, was quitting Kalamkas, for which it holds the licence. 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.

EnergyVoice.com: Brent decom debate: Evidence vs Emotive

Oct 21st, 2019
by John Donovan.
1 comment

by Tom Baxter: 21 Oct 2019

As someone with a keen interest in decommissioning decision making, I have followed the Brent decommissioning saga with that same keen interest.

A question that keeps coming up for me is why did Shell present such an open goal to Greenpeace, the press and others?

Bearing in mind Shell’s previous experience and reputation hit with Brent Spar, the decision to recommend leaving the concrete cells and their contents is, on the face of it, very perplexing.

Greenpeace’s actions and ensuing headlines were completely predictable.

Shell leave ticking time bomb

Shell ignore international regulations

Shell should clean up its mess

Come on Shell what were you thinking about, why did you make that decision? 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 Herald: North Sea oil decommissioning: pressure grows on Shell to back down

Oct 20th, 2019
by John Donovan.
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THEY are the giants of the deep which spent more than four decades pumping billions of pounds worth of oil from the seabed.

But now decommissioned rigs in the North Sea are at the centre of an environmental storm with an oil giant under intense pressure to rethink plans to leave some of the platforms in the sea.

Several hundred oil drilling platforms in the waters o

ff Scotland are due to be decommissioned over the next three decades as they approach the end of their operational lifetime. 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 Sunday Times: Why oil giants still say it’s got to be gas

Oct 20th, 2019
by John Donovan.
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John Collingridge: October 20 2019, 12:01am, The Sunday Times EXTRACTS

Investors turn fossil fuels into dinosaurs

Bank of England governor Mark Carney sent shock waves through the City four years ago by warning that investors in fossil fuel companies faced “potentially huge” losses from vast reserves that could become “literally unburnable”.

Oil giants’ multibillion-pound bet — that gas will power the global economy into a low-carbon future — now looks risky. Royal Dutch Shell bet its future on gas in 2015 with its £47bn takeover of troubled rival BG, the rump of privatised British Gas. Shell lifer Ben van Beurden’s deal turned the Anglo-Dutch giant into the world’s biggest liquefied natural gas (LNG) company.

Fear among investors is evident in the oil giants’ share prices. 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.

EnergyVoice.com: Shell Brent ‘compromise’ possible, says Germany

Oct 18th, 2019
by John Donovan.
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Germany’s environment ministry has said a “compromise” on Shell’s Brent decommissioning plans may be possible but leaving any oil remains is “not acceptable”.

by Allister Thomas: 18/10/2019, 7:00 pm

A special meeting of Ospar took place in London today to discuss what it said was the UK’s intention to approve Shell’s proposals to leave the legs of the Brent Bravo, Charlie and Delta platforms in the field 115miles off Shetland.

The UK is part of the convention to protect Europe’s marine environment whose rules state oil platforms must be fully removed at the end of their production lives.

Shell wants an exception to the Ospar regulations due to the technical, safety and cost challenges related to removing the giant structures, which they were not originally designed for back in the 1970s. 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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