Royal Dutch Shell Plc .com Rotating Header Image

June, 2020:

Nigerians Bid to Sue Shell in U.K. Over Oil-Spill Pollution

Jun 23rd, 2020
by John Donovan.
No comments yet

Nigerians Bid to Sue Shell in U.K. Over Oil-Spill Pollution

Photo source

By William Clowes and Laura Hurst: 23 June 2020, 05:00 BST

  • Residents want to use 2019 ruling to access U.K. courts
  • Shell says compensation lawsuit should take place in Nigeria

Thousands of Nigerians are asking British judges to give them permission to sue Royal Dutch Shell Plc in London over environmental damage caused by oil spills 3,000 miles away in Africa.

Lawyers for residents of the crude-rich Niger Delta believe a landmark U.K. Supreme Court ruling last year against a London-based miner should set a precedent. Shell, which has blocked the suit twice from entering British courts, says the litigation should be heard in the West African country. 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 Prelude FLNG project exec, Rob Jager, to depart

Jun 22nd, 2020
by John Donovan.
No comments yet

Shell’s Prelude FLNG project exec, Rob Jager, to depart

The Shell executive tasked with delivering its $US12bn ($17.5bn)-plus Prelude floating LNG project is set to quit the energy giant.

Jager did not last long…

It was only in December 2018 that his arrival was announced

“Shell Australia, a unit of the Hague-based LNG giant Shell, recently welcomed Rob Jager to Perth as the new vice president for the massive Prelude FLNG project.”

Jager moved to Perth from New Zealand, where he was the Country Chair & VP for Shell New Zealand / Shell Taranaki for more than 13 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.

American Ballet Theatre Bizarre Pas de deux with British Spy Firm, Hakluyt & Co

Jun 22nd, 2020
by John Donovan.
No comments yet

By John Donovan

I wonder if the American Ballet Theatre is aware of the sinister background of its new benefactor, Hakluyt & Co – the corporate intelligence agency sometimes described as the commercial offshoot of MI6.

Titled Shell directors, the late Sir Peter Holmes, and Sir William Purves, were also directors, major shareholders and spymasters of Hakluyt & Company, a UK corporate espionage firm founded by former senior MI6 officers. BP directors were also involved. 

Shell used Hakluyt to engage in cloak and dagger operations against its perceived enemies, including Greenpeace, as exposed in a Sunday Times front-page lead article “MI6 ‘firm’ spied on green groups”. Continuing on to an inside page feature headlined “How agent Camus sunk Greenpeace oil protests”.  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.

After BP takes a hit, investors widen climate change campaign

Jun 22nd, 2020
by John Donovan.
No comments yet
Reuters: Matthew Green and Simon Jessop: June 22, 2020

LONDON — Investors managing £1.8 trillion ($2.2 trillion) in assets are widening a campaign pressing oil majors to better reflect climate risks in their accounting, and will soon target other businesses with heavy fossil fuel exposure, the group said on Monday.

The investors believe their campaign is working, noting the “hugely important” news of BP joining other oil majors in lowering the value of its assets amid a global transition to cleaner energy, said Natasha Landell-Mills, head of stewardship at asset manager Sarasin & Partners. 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.

Even the oil giants can now foresee the end of the gasoline age

Jun 21st, 2020
by John Donovan.
No comments yet

The fall in fuel use during the pandemic has caused Shell and BP to fundamentally reappraise their future profitability Sun 21 Jun 2020

Coronavirus has dealt the fossil-fuel industry the biggest single blow in its history, and it is clear that 2020’s plummeting demand for oil and gas is no mere flesh wound. The global Covid-19 crisis may have already triggered a terminal decline for big oil.

BP’s decision last week to reset its oil price forecasts for the next three decades was the latest tremor in a seismic shift for the industry. Its forecasts of a $75-a-barrel oil price over the next 30 years were scrapped in favour of an average price of $55. The watershed decision wiped more than $17bn from the value of its business at a stroke… 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.

UK Supreme Court to hear Niger Delta Communities’ pollution claims against Shell

Jun 20th, 2020
by John Donovan.
No comments yet

By Chinedum Uwaegbulam: 20 June 2020

More than 40,000 Nigerians from the Ogale and Bille Communities in the Niger Delta will take their legal fight against Shell to the UK Supreme Court on Tuesday, June 23, 2020.

The case will be heard via video link and will be live-streamed online. The hearing is listed for one day. The communities argue in their legal case that they have been severely affected by years of oil spills from oil pipelines owned and operated by 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: Dutch gas production at Groningen set to drop to 9.3 bcm next year

Jun 19th, 2020
by John Donovan.
No comments yet

Dutch gas production at Groningen set to drop to 9.3 bcm next year

AMSTERDAM, June 19 (Reuters) – Gas production at the vast Groningen field in the Netherlands is set to drop to 9.3 billion cubic metres (bcm) in the year through October 2021, the Dutch gas sector regulator said on Friday.

Production at the field, operated by a joint venture of Royal Dutch Shell and Exxon Mobil, is capped at 11.8 bcm for the year ending October 2020, although the government has said that level will probably not be reached. 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.

Nigeria: Shell still failing to clean up pollution in Niger Delta

Jun 18th, 2020
by John Donovan.
No comments yet

Only 11% of contaminated sites have even seen clean-up operations begin

Thousands of Ogoni people still facing serious health risks, some unable to access safe drinking water

Supreme Court to hear case next week brought by affected Niger Delta communities 

‘The discovery of oil in Ogoniland has brought huge suffering for its people’ – Osai Ojigho 

Nearly ten years after the UN called for a major clean-up of areas of the Niger Delta polluted by the oil giant Shell and other oil companies, decontamination work has begun on only 11% of planned sites while vast areas remain heavily contaminated, according to a new investigation by four NGOs published today. 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.

AMNESTY INTERNATIONAL: No clean up, no justice: Shell’s oil pollution in the Niger Delta

Jun 18th, 2020
by John Donovan.
No comments yet

18 JUNE 2020

Nearly 10 years after a clean-up was urged for areas polluted by Shell and other oil companies in the Niger Delta, work has begun on only 11% of planned sites while vast areas remain heavily contaminated, according to a new investigation by four NGOs.

In 2011 the UN Environment Programme (UNEP) released a report documenting the devastating impact of the oil industry in Ogoniland, and set out urgent recommendations for clean-up. But the new investigation highlights that “emergency measures” proposed by UNEP have not been properly implemented and that the billion-dollar clean-up project launched by the Nigerian government in 2016 has been ineffective. 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.

Latest Nigerian News on OPL 245 Scandal

Jun 17th, 2020
by John Donovan.
No comments yet

Money Laundering: Nigerian Federal Government re-arraigns Ex-AGF Adoke, Aliyu Abubakar

By Ikechukwu Nnochiri, Abuja: 17 JUNE 2020

The Federal Government, on Wednesday, re-arraigned the immediate past Attorney-General of the Federation and Minister of Justice, Mohammed Adoke, SAN, on an amended seven-count money laundering charge.

Adoke took fresh plea before trial Justice Inyang Ekwo alongside his co-defendant, Aliyu Abubakar, who is an oil tycoon.

In the charge marked FHC/CR/89/2017, FG alleged that Adoke had in September 2013, accepted the sum of United States Dollars equivalent to N300million from the 2nd Defendant, Abubakar, and thereby committed an offence under section 1 (a) of the Money Laundering Prohibition Act 2011 (as amended) and punishable under section 16 (2)(b) of the same Act. 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: Pandemic Brings Pain and Opportunity for Fragile Oil Giants

Jun 16th, 2020
by John Donovan.
No comments yet


BLOOMBERG: By Laura Hurst: 16 June 2020, 00:01 BST Updated on 16 June 2020, 13:43 BST

The coronavirus has exposed the fragility of some of the world’s biggest oil and gas companies, but also given them the opportunity to make investors swallow some unpleasant remedies.

Since the pandemic started, BP Plc and Royal Dutch Shell Plc have made drastic changes to their businesses, from multibillion-dollar writedowns to big cuts to dividends and jobs.

They explained these moves as responses to the dual threats of the lockdown-induced oil slump and the growing pressure to cut carbon emissions. Yet the decisions say as much about the companies’ individual fragility as they do of the challenges faced by the broader industry. 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: Big Oil faces up to a future beyond petroleum

Jun 16th, 2020
by John Donovan.
No comments yet

THE EDITORIAL BOARD: 15 JUNE 2020

Big Oil faces a future where it may not be so big, and may have less to do with oil.

Investing in Big Oil, like Big Tobacco, has become much less acceptable.

Royal Dutch Shell has vowed to become the world’s largest electricity company by the 2030s.

FULL FT ARTICLE

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: BP to write off $17.5bn from value of its business

Jun 15th, 2020
by John Donovan.
No comments yet

British oil major predicts that the coronavirus pandemic will hurt long-term demand

BLOOMBERG: 15 JUNE 2020

BP will write down the value of its business by as much as $17.5 billion, as the British oil major predicts that the coronavirus pandemic will hurt long-term demand and accelerate the shift to cleaner energy.

The company is also undertaking a review of its projects that could result in some oil discoveries being left in the ground.

It’s the latest in a series of big shifts from BP, which has pivoted sharply toward clean energy under its new chief executive officer Bernard Looney. Shares fell 5 per cent to 307 pence as of 8.15am in London. 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.

OPL 245: The Nigerian Ministry of Justice Needs To Get Its Act Together

Jun 14th, 2020
by John Donovan.
No comments yet

14 JUNE 2020

As oil prices tumble and the world heads into a COVID-19-induced recession, Nigeria needs every naira that it can recover from looted assets that are hidden abroad.

It was never going to be easy getting Nigeria’s money back. The forces lined up against justice for the victims of corruption are mighty, and if they are to be countered, it demands nothing less than the full commitment of the Ministry of Justice to a coherent, well-funded, transparent asset recovery programme. 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.

Maybe the Shell job cuts should start at the top?

Jun 13th, 2020
by John Donovan.
No comments yet

POSTING SAT 13 JUNE 2020 ON OUR SHELL BLOG

Money in the pockets?:

“And 8% to 12% currently we don’t even make in our upstream business” BvB… That performance includes the huge over runs on Corrib, Penn Chem, Prelude, multiple other LNG projects, Alaska Fiasco, and many other (not to mention OPL 245).

It is such an embarrassing comparison to ExxonMobil in projects like Liza, which is highly likely to exceed returns Shell is chasing as a utility. Brasil (or Mexico) have the capacity to deliver similar returns to Liza, if there was leadership and strategy for a long term development. 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: Is Shell’s Dividend Cut Permanent?

Jun 9th, 2020
by John Donovan.
No comments yet

By Leonard Hyman and William Tilles for Oilprice.com

Investors were more than annoyed when Royal Dutch Shell slashed its dividend by two thirds. Just last year, the giant oil company announced its plan to pay out huge dividends over the coming five years. Actually, the investors used stronger terms than “annoyed.” They had reason to be annoyed after the strong commitment to the dividend, but maybe they should have previously shown a greater skepticism about the ability of any management to make such a commitment. Times change and perhaps no managements or boards should publicly commit to actions so far ahead of 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.
← Earlier Posts Newer Posts →
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.