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December, 2019:

Nigeria: Delta Oil Community Issues 48 Hours Ultimatum to Shell Company

Dec 18th, 2019
by John Donovan.
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By Perez Brisibe

Ughelli — Ojobo community in Burutu local government area of Delta State has issued a 48hours ultimatum to Shell Petroleum Development Company, SPDC over what the community described as the non-implementation of an existing General Memorandum of Understanding, GMoU with the company.

The community is accusing SPDC of failing to release funds accrued to it under an existing GMoU it entered with the company as well as an immediate commencement of the Community Interdependency Electrification Project, CIEP. 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.

FT: Shell reveals it paid no UK corporate income tax in 2018

Dec 17th, 2019
by John Donovan.
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Anjli Raval in London and Javier Espinoza in Brussels: 17 Dec 2019

Royal Dutch Shell paid no corporate income tax in the UK in 2018 despite the oil and gas group generating pre-tax profits of nearly $731m, after receiving tax refunds related to the decommissioning of North Sea oil platforms. The figures, published in a report by the Anglo-Dutch company showing a global breakdown of payments, come after it said it would voluntarily disclose how much tax it pays in each country as part of a broader transparency drive. 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 publishes new Tax Contribution Report

Dec 17th, 2019
by John Donovan.
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Royal Dutch Shell (Shell) has published a new report detailing the corporate income tax that Shell companies paid in countries and locations around the world in 2018.

WEBWIRE – Tuesday, December 17, 2019

“Transparency is important for Shell – showing who we are and what we do is one of the best ways we can demonstrate the many contributions we make to society,” said Jessica Uhl, Shell Chief Financial Officer. “We hope that this report will help to create a better understanding of our businesses and the taxes we pay.”

The Tax Contribution Report provides information about the corporate income tax Shell paid in countries and locations in which we have a taxable presence across all our businesses. 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 unveils high-tech eco energy research lab in India

Dec 17th, 2019
by John Donovan.
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Posted by on December 17, 2019 at 12:00 am

Could farm and city waste could be transformed into clean fuel? Shell unveils giant new high-tech green energy research lab in India

Oil giant Shell opened Friday a high-tech research hub in southern India that is hoping to pioneer the green energy of the future, including ways to transform farm and city waste into clean fuel.

The sprawling facility in the Indian tech capital Bangalore will house 1,500 experts under one roof as Shell expands its research and development operations in Asia.

The 21-hectare hub will host labs and demonstration centres where new ideas can be pursued and tested, and push efforts to transform waste products into low-carbon fuels for transport. 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 Group paid no income tax in the Netherlands last year

Dec 17th, 2019
by John Donovan.
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English translation of an article published today by the Dutch FT

Shell makes little use of tax havens

BY Laurens Berentsen: 17 Dec 2019

In Brief

  • Shell was discredited last year because it does not pay tax on the profit it makes in the Netherlands.
  • The oil company gives openness today about how much income tax was paid in 2018 in the 99 countries in which it operates.
  • Tax director Alan McLean: more openness and facts lead to a better discussion about the tax behavior of the multinational.

The first public report in which Shell shows how much tax it pays per country disproves the image that the oil company is evading tax on a large scale. Less than 5% of the profit ($ 35.6 billion in 2018) is in notorious tax havens.

Shell chooses its locations for economic and not just for tax reasons, the company states in the report, which appears Tuesday. Critics will contradict this, tax director Alan McLean realizes.

Shell became discredited last year when it became known that the company does not pay taxes on the profit it makes in the Netherlands. The tax report, which Shell is publishing today, states that the company made a profit of about half a billion euros in the Netherlands in 2018, including refining and the sale of petrol. Also last year the group paid no income tax in the Netherlands. 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.

Financial Review: Shell on the growth path after ESCO solar splash

Dec 16th, 2019
by John Donovan.
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Angela Macdonald-Smith
Angela Macdonald-Smith Senior Resources Writer: Dec 16, 2019

Shell has flagged a hunger for more acquisitions and hinted at interest in pumped hydro generation as it furthers its aggressive expansion into electricity supply in Australia with the purchase of a 49 per cent stake in solar farm developer ESCO Pacific.

The deal, the price of which wasn’t disclosed, follows just weeks after the energy major completed its $617 million acquisition of ERM Power, which launched it into the electricity retailing sector in Australia. It also acquired German household battery supplier sonnen earlier this year. 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.

PA Media: Energy supplier pays £1.5m after overcharging customers

Dec 16th, 2019
by John Donovan.
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By August Graham, PA City Reporter: PA Media: UK News: 16 December 2019

EXTRACT FROM THE ARTICLE:

Energy supplier pays £1.5m after overcharging customers

It is the second time that a company has had to pay out for breaking the price cap rules. In June, Shell Energy paid £390,000 after it overcharged its customers by £100,737. More than 6,000 customers were affected by the breach, Ofgem said at the time.

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, BP, Exxon, Chevron face new round of shareholder climate resolutions

Dec 16th, 2019
by John Donovan.
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Ron Bousso: DECEMBER 15, 2009

* Follow This calls on companies to align with Paris agreement

* Resolutions filed with Shell, BP, Equinor, Exxon, Chevron

* Oil majors’ carbon emissions: tmsnrt.rs/2l6A9v0

USE browser to enlarge above Reuters Graphics

By Ron Bousso

LONDON, Dec 15 (Reuters) – An activist group is increasing the pressure on five big U.S. and European oil companies with shareholder resolutions urging them to meet the Paris climate goals and cut carbon emissions.

Dutch group Follow This is targeting U.S. giants ExxonMobil , Chevron and their European rivals Royal Dutch Shell, BP and Equinor with climate resolutions ahead of next year’s annual general meetings (AGMs) scheduled for the first half of 2020. 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: Nord Stream 2 Is “Past The Point Of No Return”

Dec 14th, 2019
by John Donovan.
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French electricity and gas firm Engie SA and Royal Dutch Shell are among other major companies alongside Gazprom which are major players in the controversial project.

By Zerohedge.com

Included in Wednesday’s just passed mammoth 2020 National Defense Authorization Act (NDAA) — which increases the Pentagon budget by $22 billion (to a whopping $738 billion) — were long-threatened sanctions on Russia’s Nord Stream 2 underwater natural gas pipeline.

In the House bill, expected to be approved by the Senate sometime next week before Trump signs it into law, are measures which specifically target companies assembling the pipeline, a last ditch US effort to block the controversial 760-mile project that would allow Russia to export natural gas directly to Germany, depriving Ukraine of badly needed gas transit fees along the current route for Russian supplies. 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: For The First Time Ever, Shell Signs $10B Emissions Linked Financing

Dec 14th, 2019
by John Donovan.
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By Tsvetana Paraskova – Dec 14, 2019, 2:00 PM CST

Royal Dutch Shell has signed a US$10-billion revolving credit facility, and the interest and fees paid on it will be linked to the company’s targets to reduce its carbon footprint, in a first for Shell, the oil and gas supermajor said on Friday.

The new financing replaces the current US$8.84 billion revolving credit facility and is provided by a syndicate of 25 banks.

“This is an innovative deal which also demonstrates Shell’s broad-based commitment to reducing the Net Carbon Footprint of the energy products we sell. We appreciate the strong support and commitment from our relationship banks,” Russell O’Brien, Group Treasurer at Shell, 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.

Lloyd’s List Top 100 People in Shipping: No.15 Grahaeme Henderson, Shell

Dec 14th, 2019
by John Donovan.
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15 Grahaeme Henderson, Shell

Grahaeme Henderson has evolved his role as industry spokesman on the subjects of maritime safety and decarbonisation. He has followed up the Together in Safety initiative with another under the potential banner Together in the Environment. Dr Henderson is passionate about the role for LNG in Shell’s decarbonisation journey. The vice-president of shipping and maritime believes collaboration is the best way to tackle significant maritime issues such as safety and decarbonisation

Lloyd’s List: 13 Dec 2019

GRAHAEME Henderson is vice-president, shipping and maritime, at Shell International Trading & Shipping Co. That makes him responsible for Shell’s shipping across the upstream, downstream, projects and technology.

Among this portfolio is the world’s largest fleet of liquefied natural gas vessels — 90 owned and chartered ships — and Prelude FLNG, the largest offshore facility ever constructed.

In June this year, it was announced that the first LNG cargo had been shipped from Prelude on the gas carrier Valencia Knutsen to customers in Asia. 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 replaces its $8.84 billion revolving credit facility

Dec 13th, 2019
by John Donovan.
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Shell replaces its $8.84 billion revolving credit facility

BAKU, Azerbaijan, Dec.13

By Leman Zeynalova – Trend:

Royal Dutch Shell plc has signed a $10 billion revolving credit facility, replacing its $8.84 billion revolving credit facility and is provided by a syndicate of 25 banks, Trendreports citing the company.

A revolving credit facility is a committed bank loan facility which allows a company to borrow funds at short notice if required.

In anticipation of the cessation of the London Interbank Offered Rate (LIBOR), this is one of the world’s first credit facilities linked to the new Secured Overnight Financing Rate (SOFR). Also, in a first for Shell, the interest and fees paid on the facility will be linked to Shell’s progress towards reaching its short-term Net Carbon Footprint intensity target, as published in its Sustainability 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.

Once Hailed As A Renewable Mecca, Georgetown Hires Shell To Manage Its Energy Portfolio

Dec 13th, 2019
by John Donovan.
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By : 13 Dec 2019

The City of Georgetown earned international attention a few years ago by becoming the largest city in the U.S. to run completely on renewable power. Now, the city has chosen a subsidiary of Shell Oil to take over management of its energy holdings.

In 2015, when Georgetown went 100% renewable, it signed contracts for more electricity than it needed, hoping to sell the extra power back to the Texas grid for profit. Then energy prices fell; Georgetown lost money and needed to raise rates for its utility customers to cover the cost. 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.

Renewables Now: Solar park of 102.5-MW goes live to supply Facebook data centre in Georgia

Dec 13th, 2019
by John Donovan.
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Solar park of 102.5-MW goes live to supply Facebook data centre in Georgia

The Bancroft Station Solar Farm. Image by: PRNewsfoto/Walton EMC.

The power plant itself was installed by Silicon Ranch, whose largest shareholder is oil and gas giant Royal Dutch Shell Plc

December 13 (Renewables Now) – A 102.5-MW solar park in Georgia that will be powering a Facebook data centre in the state’s Newton County has been put on stream.

The Bancroft Station Solar Farm, named to the original name of the local area in Early County, will be supplying electricity to social media giant Facebook (NASDAQ:FB) through a contract with utility Walton Electric Membership Corp (EMC), the latter said on Thursday. The power plant itself was installed by Silicon Ranch, whose largest shareholder is oil and gas giant Royal Dutch Shell Plc (AMS:RDSA). 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’s difficult relationship with UK wind energy

Dec 13th, 2019
by John Donovan.
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Shell’s difficult relationship with UK wind energy

by David McPhee, Energy Voice renewable energy reporter: 13/12/2019, 7:51 am

When Shell pulled out of London Array offshore wind project in 2008, it probably didn’t realise it would mean more than 10 years in the UK offshore wind wilderness.

But according to accounts at the time, many in the sector felt scorned – some were downright angry.

Shell was eventually bought out of the £2 billion project by Masdar, but a message had filtered through that the company was perhaps no longer looking at offshore wind as viable option.

Danish firm Dong Energy, one of the major partners in the 341-turbine project, is now Orsted – arguably the biggest offshore wind firm in the world. 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 Energy Beware

Dec 13th, 2019
by John Donovan.
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The above extracts are from Trustpilot, Facebook Group: Shell Energy (formerly First Utility) – the worst customer service ever?? and First Utility Reviews

The Shell Energy gripe website is being launched in response to consumer horror stories involving debt collectors and bailiffs, with complaints posted online by outraged Shell Energy customers like the damning examples quoted in the above header.

By John Donovan

Shell and its shareholders will not welcome the news that I am launching another website later this month focussed on Shell. This time the target is Shell Energy, a global brand of rapidly growing importance and value to the parent company – Royal Dutch Shell Plc – in its quest to move away from an increasingly toxic fossil fuel-based business. Part of the gathering flight of ethical investors deserting Big Oil, in Shell’s case a transition into becoming a global energy and broadband company, instead of a dying oil giant. 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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