Posts from ‘January, 2021’

Aviva will use its ‘ultimate sanction’ to force action on global warming

Attracta Mooney: 31 Jan 2021

One of Britain’s top asset managers has warned it will use the “ultimate sanction” and ditch stakes in 30 of the world’s largest oil, gas, mining and utilities companies unless they do more to tackle climate change. Aviva declined to name the companies it is targeting. But it is a big shareholder in many of the world’s largest oil, gas and mining companies, with its holdings worth billions of pounds. According to S&P Global Market Intelligence, it is a top 30 shareholder in oil majors BP and Royal Dutch Shell… read more

Farmers win damages in major case against oil giant over ecological damage in the Niger Delta

By Bart H. Meijer

AMSTERDAM, Jan 29 (Reuters) – A Dutch appeals court on Friday held Royal Dutch Shell’s Nigerian subsidiary responsible for multiple oil pipeline leaks in the Niger Delta and ordered it to pay unspecified damages to farmers, in a victory for environmentalists.

The case was brought in 2008 by four farmers and environmental group Friends of the Earth, seeking reparations for lost income from contaminated land and waterways in the region, the heart of Nigeria’s oil industry. read more

Some extracts from current customer comments posted on Trustpilot: “Awful company to deal with. All they want is money and don’t care about customer service”: “DON’T YOU EVER GET TIRED OF ACTING LIKE LOAN SHARKS AND HAVING A LEVEL OF INTEGRITY WHICH WOULD MAKE THE AVERAGE DRUG DEALER FEEL ASHAMED?”

Featured below are extracts from negative customer reviews about Shell Energy posted over the past few days 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 company. This article posted on 30 JAN 2021. read more

THE SUNDAY TIMES

Church fund ditches stake in oil giant BP

Jamie Nimmo: 24 Jan 2021. Page 2, Business Section.

The Church of England has sold its stake in BP, even as the oil giant moves to end its reliance on fossil fuels under new boss Bernard Looney.

The Church Commissioners, which manages the Church’s £8.7bn fund, is understood to have offloaded its stake in the FTSE 100 stalwart last year.

It is a significant move because the Church is the country’s most high-profile ethical investor and has been pushing BP to commit to cutting its carbon footprint to ret zero by 2050. read more

A Victory for Farmers in a David-and-Goliath Environmental Case

An appeals court said that a small group of farmers in the Niger Delta region whose livelihoods were affected by oil spills in 2006 and 2007 should receive payouts.

By Elian Peltier and Claire Moses: Jan. 29, 2021Updated 11:52 a.m. ET

A Dutch court on Friday ruled that a subsidiary of the giant British-Dutch multinational Royal Dutch Shell was liable for oil spills in the Niger Delta in Nigeria in 2006 and 2007, ordering the company to compensate a small group of residents in the region and to start purifying contaminated waters within weeks. read more

Shell verdict ‘exceeds all expectations’, says Friends of the Earth

Updated Fri, January 29, 2021, 11:05 AM

AMSTERDAM, Jan 29 (Reuters) – The Dutch court verdict on Friday that Royal Dutch Shell’s Nigerian subsidiary is responsible for oil spills in the Niger Delta exceeded all expectations, action group Friends of the Earth said.

“This is fantastic news for the environment and people living in developing countries,” said Friends of the Earth’s Netherlands head, Donald Pols. read more

Shell Nigeria is responsible for oil leaks and must pay damages, Dutch appeals court rules

PUBLISHED FRI, JAN 29 20215:56 AM EST UPDATED FRI, JAN 29 20216:20 AM EST

• A Dutch appeals court said the Nigerian subsidiary of Royal Dutch Shell was responsible for oil pipeline leaks in the Niger Delta and ordered it to pay unspecified damages to farmers.
• The case was brought in 2008 by four farmers and environmental group Friends of the Earth, seeking reparations for lost income from contaminated land and waterways in the Niger Delta region.

A Dutch appeals court on Friday said that the Nigerian subsidiary of Royal Dutch Shell was responsible for oil pipeline leaks in the Niger Delta and ordered it to pay unspecified damages to farmers.

The case was brought in 2008 by four farmers and environmental group Friends of the Earth, seeking reparations for lost income from contaminated land and waterways in the Niger Delta region, the heart of Nigeria’s oil industry. read more

Dutch court orders Shell Nigeria to compensate farmers

Jan. 29, 2021 at 12:16 am Updated Jan. 29, 2021 at 4:03 am: By MIKE CORDER: The Associated Press

THE HAGUE, Netherlands (AP) — In a victory for environmentalists and Nigerians whose land was polluted by oil leaks, a Dutch appeals court ordered energy giant Shell’s Nigerian subsidiary Friday to compensate two farmers for damage to their land caused by leaks in 2004 and 2005.

“Tears of joy here. After 13 years, we’ve won,” the Dutch branch of Friends of the Earth tweeted. read more

Dutch appeals court rules Shell Nigeria unit responsible for oil leaks

AMSTERDAM, Jan 29 (Reuters) – A Dutch appeals court on Friday said that the Nigerian subsidiary of Royal Dutch Shell was responsible for oil pipeline leaks in the Niger Delta and ordered it to pay unspecified damages farmers.

The decision went a step further than a 2013 ruling by a lower court, saying that Shell’s Nigerian subsidiary was responsible for multiple cases of oil pollution.

Reporting by Anthony Deutsch; editing by Jason Neely read more

Dutch court rules on Shell Nigeria oil spill case

Sara MAGNIETTE: Updated Fri, 29 January 2021, 2:25 am

A Dutch court will hand down its verdict on Friday in a long-running case pitting oil giant Shell against four Nigerian farmers who accuse it of causing widespread pollution.

After 13 years of legal wrangling, an appeals court in The Hague will rule on the farmers’ demands for the Anglo-Dutch firm to clean up devastating oil spills in three villages in the Niger Delta and pay compensation. read more

Exxon, Shell Face Rating Cuts on Greater Climate Risk, S&P Says

Javier Blas and Laura Hurst: Tue, January 26, 2021, 5:08 PM

(Bloomberg) — Big Oil suffered a fresh setback after one of the most influential rating companies warned it may cut the credit score of Exxon Mobil Corp., Royal Dutch Shell Plc and a plethora of other major energy companies due to “greater industry risk” associated with climate change.

The move by S&P Global Ratings comes as the oil and gas industry is on the ropes, unloved by equity investors and facing pressure from multiple policy makers after U.S. President Joe Biden put climate change at the center of his agenda. read more

Shell, Simply Blue Energy in joint venture for offshore wind project

Floating turbines off south coast will supply power for up to 800,000 homes

Shell has signed an agreement with Irish marine renewables developer Simply Blue Energy to acquire a 51 per cent share in a floating wind farm to be built off the south coast.

The joint venture will produce up to 1 gigawatt of power when fully operational – equivalent to Ireland’s largest generating station at Moneypoint in Co Clare, and capable of powering 800,000 homes.

“This partnership combines the floating wind track record and local knowledge of Simply Blue Energy with Shell’s offshore experience, floating wind expertise and ability to develop large complex projects,” Simply Blue chief executive Sam Roch-Perks said. read more

Some extracts from current customer comments posted on Trustpilot: “DO NOT USE SHELL ENERGY! THEIR CUSTOMER SERVICE TEAM IS APPALLING. Long wait times! Long hold times! Lack of communication skill. Rude. Have to keep chasing. Contradicting bills and messages from different agents.”

Featured below are extracts from negative customer reviews about Shell Energy posted over the past 48 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 company. This article posted on 27 JAN 2021. read more

Big oil goes green: Shell buys electric car charging company as BP cuts back on its exploration arm

By MARK SHAPLAND FOR THE DAILY MAIL: PUBLISHED: 21:51, 25 January 2021 | UPDATED: 22:45, 25 January 2021

Two of Britain’s largest oil producers have taken major steps in their battle to go green.

BP has dismantled its century old exploration team, cutting the division to less than 100 employees from over 700 just a few years ago.

And rival Shell bought Ubitricity, the largest electric vehicle charging network in the UK. read more

INSIGHT-BP’s oil exploration team swept aside in climate revolution

* BP slashes size of exploration team in transition plan

* Company hits brakes on search for new oil and gas

* Geologists and scientists diverted to renewable division

* GRAPHIC: BP’s slowing exploration https://tmsnrt.rs/3sHB82x

By Ron Bousso

LONDON, Jan 25 (Reuters) – Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of barrels of oil. read more

Some extracts from current customer comments posted on Trustpilot: “Got a debt collecting company to chase me for money 9 days before the bill was due and 10 days after I gave the reading. Half an hour wait to be told – oops”: “If I could give them 0 I would. Horrendous customer service…”: “WHY ARE YOU SUCH A BUNCH OF LYING, CONNIVING, MIS-SELLING PARASITES?”

Featured below are extracts from negative customer reviews about Shell Energy posted over the past few days 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 company. This article posted on 25 JAN 2021. read more