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Posts from ‘December, 2020’

Shell Energy posts £32m loss as ‘unsustainable pricing’ draws customers away

Shell Energy posts £32m loss as ‘unsustainable pricing’ draws customers away

21 Dec / 2020: 14:04

Shell Energy has posted an almost £32 million loss for 2019, pointing to falling customer numbers as competition in the sector remains strong.

In the company’s financial results for the year ended 31 December 2019, the company’s loss before tax sits at £31,538,000, a dramatic increase from £20,994,000 the year previously.

Operating loss also grew, hitting £26,765,000 in 2019 compared to £20,302,000 in 2018 driven principally by “adverse market conditions” the company noted. No dividends were paid in 2019 compared to £5,000,000 in 2018. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell to write down assets again, taking cuts to more than $22 billion

Shell to write down assets again, taking cuts to more than $22 billion

In October, Shell, the world’s biggest LNG trader, wrote down the value of its LNG portfolio by just under $1 billion, focusing on its flagship Prelude project in Australia.

LONDON (Reuters) – Royal Dutch Shell on Monday said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Energy losses rise as customers seek cheaper deals

Shell Energy losses rise as customers seek cheaper deals

Emily Gosden, Energy Editor: Losses at Royal Dutch Shell’s British household energy supply venture deepened to £32 million last year as it battled to stop customers leaving for cheaper rivals.

Shell Energy Retail, which was rebranded from First Utility in March last year, blamed a “very difficult competitive environment”, in which it said that many companies were offering unsustainably cheap prices. He said that 26 suppliers had left the market in recent years, leaving behind £300 million in unpaid debts. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell sells Australian LNG project stake to GIP in $2.5B deal

Shell sells Australian LNG project stake to GIP in $2.5B deal

Dec. 20, 2020, 10:06 PM ET Royal Dutch Shell plc (RDS.A)By Carl SurranSA News Editor

  • Royal Dutch Shell (RDS.ARDS.Bagrees to sell a 26.25% interest in the Queensland Curtis LNG Common Facilities in eastern Australia to Global Infrastructure Partners for US$2.5B.
  • Shell will remain a 73.75% majority owner and operator of the Common Facilities, which include liquefied natural gas storage tanks, jetties and operations infrastructure that service the QCLNG facility’s production units.
  • read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell writes down up to $4.5 billion in oil and gas assets

    Shell writes down up to $4.5 billion in oil and gas assets

    Royal Dutch Shell said on Monday it will write down $3.5 to $4.5 billion in the value of oil and gas assets in 2021, the latest in a string of impairments this year as it adjusts to a weaker outlook.

    In an update ahead of its fourth quarter results on February 4, Shell said the post-tax charge was due in part to impairments on its Appomattox field in the U.S. Gulf of Mexico, the closure of refineries and liquefied natural gas (LNG) contracts. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Trustpilot Review of Shell Energy: Dreadful! Absolutely, without doubt the worst energy company I’ve ever dealt with

    Some extracts from current customer comments posted on Trustpilot: Dreadful! Absolutely, without doubt the worst energy company I’ve ever dealt with. Terrible customer service, they’ve cost me a final bill of over £500 as they were billing the incorrect meter. Do not touch this lot with a barge pole.

    Featured below are extracts from negative customer reviews about Shell Energy posted over the past 24 hours on Trustpilot. Visit the Shell Energy page on Trustpilot to view all reviews in their entirety, positive and negative (and Shell Energy responses). Watch out for any fake reviews. Note the reoccurring themes in the negative reviews, including difficulty in communicating with the companyThis article posted on 19 December 2020. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell climate lawsuit: Dutch activists push courts for steeper emissions cuts

    Shell climate lawsuit: Dutch activists push courts for steeper emissions cuts

    Companies that make money selling coal, oil and gas could be held more accountable if judges in the Hague order fossil fuel giant Shell to cut its emissions.

    Backed by 17,000 Dutch citizens, climate activists are wrestling fossil fuel giant Royal Dutch Shell in court over its responsibility to cut emissions to levels that comply with global treaties.

    On the last of four days of hearings in the District Court of the Hague, seven environmental groups led by Friends of the Earth Netherlands pressed the court to force the oil major to commit to the Paris Agreement target of keeping warming to 1.5C. This would mean cutting net carbon emissions by 45% from today’s levels in a decade, the campaigners say, at a time where Shell is still investing heavily in fossil fuels. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell and environmental activists wrap unusual lawsuit over climate change

    Shell and environmental activists wrap unusual lawsuit over climate change

    Four days of hearings in a unique lawsuit over climate change between Dutch-Anglo oil giant Shell and 17,000 Dutch citizens wrapped up on Thursday.

    Milieudefensie, the Dutch branch of Friends of the Earth, is leading the case against the Amsterdam-headquartered multinational and demanding the company reduce its carbon emissions by 45% by 2030 to reduce the pace of global warming.

    The environmental group argues that Shell is violating Dutch liability law by emitting double the amount of carbon dioxide as the country as a whole. Shell contends those emissions don’t come from its headquarters but its subsidies in some 80 countries around the world, and any complaint must be taken up with them directly. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Dutch court case claims Shell’s operations violate human rights

    Dutch court case claims Shell’s operations violate human rights

    By LAURA HURST AND DIEDERIK BAAZIL on 12/17/2020

    LONDON (Bloomberg) –Royal Dutch Shell Plc is in court in The Hague for the final hearing in a landmark case that could force it to reduce its carbon footprint.

    The case brought by the Dutch arm of Friends of the Earth, Milieudefensie, links the oil major’s stance on climate change with human rights. The ruling will also have implications for Shell’s European peers as pressure mounts on polluting energy companies to step up the fight against global warming. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Italy court verdict in Nigeria corruption case expected end March

    Italy court verdict in Nigeria corruption case expected end March

    By Reuters Staff: DECEMBER 16, 2020

    MILAN (Reuters) – Italian judges are expected to hand down their verdict on Shell and Eni in one of the oil industry’s biggest-ever corruption trials at the end of March, a top court official said on Wednesday.

    Marco Tremolada, president of the judges that will pass sentence, said lawyers for the two companies would be heard in January, followed by prosecutors and defence lawyers in February.

    A final decision could then be reached by the end of March, he said. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    The retirement of Shell Exec Michael Crothers who covered up massive corruption on the Corrib Gas Project

    Michael Crothers (CNW Group/Shell Canada Limited)

    By John Donovan

    Printed below is a press release announcing the retirement of Michael Crothers as Shell Canada Country Chair and the appointment of his successor, Susannah Pierce.

    In August 2013, The Observer newspaper and Guardian Online published an article “Strange tale of Shell’s pipeline battle, the Gardaí and £30,000 of booze

    On the instructions of Shell E&P Ireland, an Irish Company called OSSL distributed bribes to the Irish Police and other parties in an attempt to smooth the path of the highly controversial Corrib Gas Project in Ireland. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Trustpilot: Shell customer services are away with the fairies! Stay clear!!

    Some extracts from current customer comments posted on Trustpilot: “What an absolute joke of a company!! Customer services are away with the fairies! Stay clear!!”

    Featured below are extracts from negative customer reviews about Shell Energy posted over the past 24 hours on Trustpilot. Visit the Shell Energy page on Trustpilot to view all reviews in their entirety, positive and negative (and Shell Energy responses). Watch out for any fake reviews. Note the reoccurring themes in the negative reviews, including difficulty in communicating with the companyThis article posted on 17 December 2020. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Hydrogen plane startup ZeroAvia gets backing from Amazon, Shell

    Hydrogen plane startup ZeroAvia gets backing from Amazon, Shell

    By :

    LONDON (Reuters) – Hydrogen plane startup ZeroAvia said on Wednesday it had secured $21.4 million in a funding round led by Bill Gates’ Breakthrough Energy Ventures to develop zero-emission commercial aircraft.

    Backers for the California-based startup, which has completed 10 test flights with a six-seater propeller plane powered by hydrogen, included Amazon and energy giant Royal Dutch Shell. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Trustpilot Warning about Shell Energy: Avoid they repeatedly lie to customers!

    Some extracts from today’s customer comments posted on Trustpilot: “It is the worst experience I have with an energy company, I received a very high unexpected bill, contacted the customer services few times each time it takes them 30-45 minutes to answer…very stressful time with them, very bad service.”

    Featured below are extracts from negative customer reviews about Shell Energy posted over the past 24 hours on Trustpilot. Visit the Shell Energy page on Trustpilot to view all reviews in their entirety, positive and negative (and Shell Energy responses). Watch out for any fake reviews. Note the reoccurring themes in the negative reviews, including difficulty in communicating with the companyThis article posted on 15 December 2020. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    First Shell employee pleads guilty over largest marine fuel heist from Pulau Bukom refinery

    First Shell employee pleads guilty over largest marine fuel heist from Pulau Bukom refinery

    • Sadagopan Premnath aided in the misappropriation of almost S$50 million worth of marine gas oil
    • The large-scale scheme started in 2007 and unravelled in early 2017
    • The cases of several other employees, including the alleged key masterminds, are pending before the courts
    • At least two Vietnamese men working on vessels have been jailed for buying the stolen gas oil

    By LOUISA TANG: Published DECEMBER 15, 2020

    SINGAPORE — A 40-year-old man on Tuesday (Dec 15) pleaded guilty to his role in the largest theft of marine gas oil, amounting to hundreds of millions of dollars, from Shell Eastern Petroleum’s biggest regional refinery on Pulau Bukom.

    Sadagopan Premnath, an Indian national, was among almost a dozen Shell employees charged over the scheme. He is the first among them to admit to his offences. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Broadband bills will increase for thousands of Shell customers in a DOUBLE price rise

    Broadband bills will increase for thousands of Shell customers in a DOUBLE price rise

    BROADBAND customers who have a contract with Shell Energy could face two price increases to their monthly bills in the coming months, the home internet provider has confirmed.

    By AARON BROWN 08:36, Tue, Dec 15, 2020 | UPDATED: 08:36, Tue, Dec 15, 2020

    Shell Energy will increase prices for some broadband customers twice in the next six months, it has confirmed. The internet service provider has informed all customers who signed-up to one of its broadband plans before September 2, 2020 that a price hike to their home broadband and phone services will kick-in on January 11, 2020. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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