Royal Dutch Shell Plc  .com Rotating Header Image

November, 2019:

Climate change lawsuits ask whether fossil fuel companies are responsible

Photo of Chris Tomlinson Nov. 4, 2019

Just 20 energy companies account for one-third of greenhouse emissions since 1965, according to a new study.

The Climate Accountability Institute’s Richard Heede tallied up all the fossil fuels extracted by every company through 2017 and calculated the emissions. The data is public, the math is straightforward and the emissions are indisputable.

The top 10 companies, in order, are, predictably, Saudi Aramco, Chevron, Gazprom, Exxon Mobil, National Iranian Oil Co., BP, Royal Dutch Shell, Coal India and PEMEX. More details are available online at http://climateaccountability.org/carbonmajors.html. 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.

OilPrice.com: Oil Majors Are Ignoring Climate Targets

By Nick Cunningham – Nov 02, 2019, 4:00 PM CDT

The carbon bubble “continues to inflate,” according to a new report from Carbon Tracker. And yet no major oil company has aligned its operations with the goals set out in the Paris Climate Agreement.

This is not just a matter of bad corporate behavior. The oil industry is charging ahead with oil and gas projects that completely defy climate targets, which means that they are taking on serious financial risk. “Companies who continue to sanction higher-cost projects which do not fit with a lower demand scenario risk destroying significant shareholder value through the creation of stranded assets,” Carbon Tracker warned. The more companies delay, the greater risk they take on. 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.

Protests rock Shell facilities in Bayelsa, Nigeria

Communities give oil firm quit notice

From Mike Odiegwu, Yenagoa: 3 Nov 2019

Hundreds of indigenes from 14 communities in Nembe and Brass local government areas in Bayelsa State at the weekend barricaded the offshore facilities belonging to the Shell Petroleum Development Company (SPDC) to protest their neglect by the oil firm.

The angry stakeholders led by their chiefs, traditional rulers, youth leaders, women and community leaders, took their protest to the facilities of Oil Mining Licence (OML) 77-3D located in their territorial waters.

The protesters, who hail from the communities of Odioma, Ibidi, Ewoma, Okpoma, Twon Brass, Beletiama, Liama, Diema, Okumbiribeleu, Opu-Okumbiri, Oginibiri and Sangana, said the company should stop its operation and address their grievances to avoid breakdown of law and order. 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 Plc Communication Breakdown

Bloomberg News: Kevin Crowley and Kelly Gilblom: November 2, 2019: 5:37 AM EDT: Last Updated November 2, 2019 5:37 AM EDT

Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden made an unplanned intervention midway through his company’s earnings conference call in an attempt to lessen the damage from its warning it may fall short of a share buyback target. The move only invited confusion and the shares slid.

Shell positioned itself as the sector’s cash king over the past two years after major projects came on stream and commodity prices rebounded from the crash.

But with weaker economic growth threatening oil demand and crude supplies surging, Europe’s biggest oil company warned that it may not finish a $25 billion buyback program by the end of next year as planned. 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.

BBC News: Nigeria oil spills ‘spark environmental genocide’

The Archbishop of York has called for urgent action to stop the oil spills that are devastating communities in Nigeria’s Bayelsa state.

Speaking exclusively to the BBC ahead of the interim report of the Bayelsa State Oil and Environmental Commission, which he chairs, the archbishop said that a slow environmental genocide is taking place.

Bayelsa is the region where oil was first discovered in the country in the 1950s. There are hundreds of oil spills each year in Nigeria, some caused by equipment failure – others by sabotage. 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: Oil giants must cut output by a third to meet climate target – study

The world’s largest oil and gas companies need to slash their production by more than a third by 2040 to meet global climate targets, according to a new report.

The seven listed oil majors – including ExxonMobil, BP and Shell – would need to cut the total amount of oil and gas they produce every day by 35% to avoid driving temperatures 1.5C higher than pre-industrialised levels.

Global governments would also need to stop issuing new oil and gas licences for fossil fuel exploration, according to the report. 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.

Appointment of Huibert Vigeveno as Downstream Director

Royal Dutch Shell plc (Shell) today announces the appointment of Huibert Vigeveno as Downstream Director with effect from 1st January 2020.

In his new role, Huibert will become a member of the Executive Committee and will succeed John Abbott. John will remain available to Huibert and the Executive Committee to assist with the transition until 31st March 2020 and will then leave the company after 38 years’ distinguished service.

Ben van Beurden, Chief Executive said: “I am grateful to John for his strong leadership of the Downstream business, and particularly for having strengthened its performance and portfolio. Over many years he has delivered critical contributions to the Shell Group across a range of businesses and geographies. Through his determined efforts, underpinned by a focus on strengthening safety leadership and people development he leaves our Downstream business well positioned for the future” 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 under fire over buyback delay warning

Reporting by Ron Bousso; Editing by Dale Hudson and Mark Potter: 1 Nov 2019

LONDON (Reuters) – Royal Dutch Shell (RDSa.L) faced a torrent of criticism from analysts on Friday for warning of possible delays to its $25 billion share buyback program, with some saying the move had undermined the credibility of the oil giant’s management.

Shell, the world’s second-largest listed oil and gas company, saw its shares close more than 4% lower on Thursday, wiping out $10 billion of its market value. It had earlier reported stronger-than-expected third-quarter profits which were, however, overshadowed by Chief Executive Ben van Beurden’s warning about shareholder returns. 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: Why the World Worries About Russia’s Natural Gas Pipeline

Russia’s Gazprom PJSC owns the project, with Royal Dutch Shell Plc and four other investors…

A new natural gas pipeline into Europe from Russia is shaking up geopolitics. Nord Stream 2, as it’s called, worries leaders in Eastern Europe, has put German Chancellor Angela Merkel on the hot seat and has prompted calls for sanctions from U.S. senators. Denmark gave approval on Oct. 30 for the pipeline to traverse its sub-sea territory, removing the final hurdle to its completion. Russian gas could be flowing through the conduit as soon as early next year.

1. What is Nord Stream 2?

It’s a planned 1,230-kilometer (764-mile) undersea pipeline that will carry natural gas from Russian fields to the European network at Germany’s Baltic coast. It will double the capacity of an existing undersea route — the original Nord Stream — that opened in 2011. Russia’s Gazprom PJSC owns the project, with Royal Dutch Shell Plc and four other investors including Germany’s Uniper SE and Wintershall AG providing half of the 9.5 billion-euro ($10.7 billion) in cost. As of the end of October, the link was 87% complete, according to Nord Stream. 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.

Alliance News: Royal Dutch Shell Promotes Huibert Vigeveno To Downstream Director

(Alliance News) -Â Royal Dutch Shell PLC said on Friday it has appointed Huibert Vigeveno as director of its Downstream unit, effective from the start of 2020.

Vigeveno will become a member of the executive committee and will succeed John Abbott, who will remain available to assist with the transition until March 31 before leaving the company “after 38 years’ distinguished service”.

Vigeveno is currently executive vice president global commercial at the oil major. He joined Shell in 1995 and has held a variety of roles… 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 gets green light to decommission North Sea Goldeneye platform

Shell has received the green light to decommission its Goldeneye platform in the North Sea.

The Anglo-Dutch firm submitted plans to the UK Government for the installation, 80 miles north-east of Aberdeen, in November last year.

Plans have been approved to remove the jacket, topsides and decommision the wells and subsea infrastructure.

However a second document for the pipelines will be submitted later as they are hoped to be used as part of a carbon, capture and storage (CCS) project.

In August, Energy Voice revealed that Shell, in partnership with Chrysaor, intended to re-use pipelines for Goldeneye as part of the Acorn CCS project at the St Fergus Gas Terminal in Aberdeenshire. 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.
Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.