News and information on Shell Plc
Extracts from Shell Energy customer reviews posted during the past 24 hours on Trustpilot: “Shambles…”: “Shell have been completely useless right from the start…”
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 May 2021.
FINANCIAL POST
Shell on Trial as Court Weighs Its Climate Responsibility
Bloomberg News: Hugo Miller and Laura Hurst: Publishing date May 25, 2021 (Bloomberg) — A Dutch court verdict against Royal Dutch Shell Plc will determine whether it has a legal responsibility for climate change, in a case that will be watched by Big Oil executives globally.A panel of judges in a lower court in The Hague will rule on Wednesday in a case being followed closely by environmental campaigners too. While the verdict is only legally binding in the Netherlands, it’s set to be scrutinized as a new area of litigation and may guide deliberations by judges elsewhere.Shell was sued by Milieudefensie, the Dutch arm of Friends of the Earth, whose lawyers spent two weeks in court earlier this year arguing that the company is violating human rights by extracting fossil fuels and undermining the Paris Agreement’s aim of limiting temperature increases to less than 1.5 degrees Celsius.
abc NEWS
Mexico to buy Shell share of Texas refinery for $600 million
MAY 24, 2021: MEXICO CITY — Mexico said Monday it will buy Shell’s 50% share in the jointly owned Deer Park refinery near Houston for about $600 million.
The move comes as part of President Andrés Manuel López Obrador’s central policy to build, acquire or renovate oil refineries, in an era when most countries are trying to reduce their reliance on fossil fuels.
“We are going to stop buying fuel abroad … we will become self sufficient by 2023,” said López Obrador, who is spending about $9 billion to build a similar-size new refinery in his home state of Tabasco.
Reuters
Shell wins $2.5 billion Australian power contract with battery storage
SYDNEY (Reuters) -Australia’s New South Wales (NSW) state said on Tuesday it has awarded a A$3.2 billion ($2.5 billion) 10-year power supply contract to Royal Dutch Shell PLC, which includes supplying battery back-up power for wind and solar energy.Under a deal with Edify, Shell has contracted to take 60% of the battery’s power.
“This long-term services agreement is a model for how large energy users can access dispatchable power like battery storage, which complements renewables,” Shell Energy Chief Executive Greg Joiner said in a statement.
EnergyVoice.com
Shell faces Dutch court ruling on global emissions
By Ed Reed: 24 May 2021
A court in The Hague will rule on May 26 on a climate case against Shell, led by Friends of the Earth Netherlands (Milieudefensie).
The environmentalist case demands that Shell cut CO2 emissions by 45% by 2030. Success for the NGO would see the corporation ordered to “reduce its emissions in line with global climate goals”.
The outcome, it said, should “impact climate policy and corporate accountability globally”. It does not seek compensation, rather a change to Shell’s business plan.
Extracts from Shell Energy customer reviews posted during the past 24 hours on Trustpilot: “This is a very bad company. You have illegally impacted my credit file negatively. I have been calling every day to be told, that customer support is not able to contact the credit management and all the managers are unavailable.”: I really regret switching to Shell my previous supplier provided a much better service”
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 24 May 2021.
fd.nl
This time Mark was the winner in the ‘battle of the Van B’s’
Activist investor Follow This is gaining a foothold in the Shell shareholders’ meeting.
THE WALL STREET JOURNAL
Oil Majors Look to Fill Businesses’ Growing Appetite for Green Power
By Sarah McFarlane: May 24, 2021 7:00 am ET
Businesses are buying more renewable power, and oil majors want a piece of the action.
European oil companies including BP PLC and Royal Dutch Shell PLC are building new wind and solar projects and striking deals to supply electricity to big corporate buyers like Amazon.com Inc. and Microsoft Corp., treading into the domain of traditional power companies.
Oil companies say securing long-term deals to supply electricity will provide a new source of income and underpin their expansion into wind and solar power as they seek to reduce their dependence on fossil fuels and prepare for a lower-carbon economy.
theGuardian.com
Influential investor joins shareholder rebellion over Shell’s climate plan
Legal & General Investment Management, Britain’s biggest fund manager, piles pressure on oil firm
Rupert Jones and Hilary Osborne: Mon 24 May 2021 06.00 BST Britain’s biggest fund manager has piled pressure on Shell after joining a shareholder rebellion over the oil company’s carbon-cutting plans, saying that they lack credibility and the ambition required to combat global heating.It has emerged that Legal & General Investment Management (LGIM), one of the oldest fund managers in the City of London, was among investors behind a significant shareholder vote against Shell’s climate transition targets at the company’s annual meeting on Tuesday.
The asset manager, which is part of the insurer Legal & General and manages more than £1.2tn of assets, told the Guardian that it joined activists demanding faster progress because it did not believe the Anglo-Dutch company’s plan was credible.
ProactiveInvestors.co.uk
Shell’s climate plans do not go far enough, says UK’s biggest fund manager
Extract from Shell Energy customer reviews posted during the past 48 hours on Trustpilot: “…customer service staff have no manners no training, when they realise you are using less energy they put the unit rate up so they can charge you more”: “SHELL ENERGY should be ashamed of scamming people…”
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 23 May 2021.
ACCESS TO MORE INFORMATION THAN ANYWHERE ELSE ON THE PLANET ABOUT THE ROYAL DUTCH SHELL RESERVES SCANDAL / FRAUD
By John Donovan
Royal Dutch Shell Group Chairman Sir Philip Watts, was forced to resign as a result of the fraudulent over-statement of claimed hydrocarbon reserves.
Sir Philip subsequently became a very rich vicar, after a payoff package from Shell worth nearly $20 million to buy his silence.
Link to a John Donovan file containing extensive news coverage.
Daily Telegraph: Shell drops ‘bombshell’ on reserves: 9 January 2004
The Times: How Shell blew a hole in a 100-year reputation: 10 January 2004
The West Australian: Investors howl for Shell’s blood: 12 January 2004
London Evening Standard: Shell bosses lied to the City: 19 April 2004
(Former executives, led by ex-chairman Sir Philip Watts, admitted they had repeatedly lied to investors about the true level of Shell’s oil and gas reserves.)
Houston Chronicle: ‘Sick and tired about lying’ at Shell: 19 April 2004
Bloomberg: Shell Loses AAA Credit Rating: 19 April 2004
Shell bosses ‘fooled the market’: 19 April 2004
The Guardian: Trail of emails reveals depths of deceit at the heart of Shell: 20 April 2004
The Guardian: Shell admits it misled investors: 20 April 2004
The Independent: Lies, cover-ups, fat cats and an oil giant in crisis: 20 April 2004
The Scotsman: Shell admits reserve ‘lies’: 20 April 2004
The Scotsman: Shell implodes as e-mails provide damning evidence: 20 April 2004
The Times: Deceitful Shell ‘needs ten years’ to rebuild exploration business: 20 April 2004
Financial Times: Observer Column: Shell-shocked: Corporate slogans consigned to the dustbin of history no. 94: “You can be sure of Shell.”: 20 April 2004
Minneapolis Star Tribune: Dutch/Shell Group exec was ‘sick and tired’ of lying: 20 April 2004
Daily Telegraph: Memos expose Shell’s years of lying: 8 May 2004
The Scotsman: Shell’s reputation left in tatters: 21 April 2004
TheStarOnline: Shell report exposes lies, CFO sacked: 21 April 2004
Daily Telegraph: Shell suffers second cut to credit rating: 21 April 2004
Daily Telegraph: Sacked Shell boss ‘escorted from HQ’: 22 April 2004
The Times: A very British kind of scandal: why Shell is no Enron: 23 April 2004
Daily Telegraph: Shell’s lies over reserves spark FSA investigation: 24 April 2004
Times: “Shell is a disreputable company in need of a strong injection of ethics”: 25 April 2004 ”
(“An Audience with Sir Phillip Watts”)
The Mail On Sunday: Shell’s top bosses named in £8 billion lawsuit after being spared the sack: 25 April 2004
Daily Mail: Shell attacked from all sides: 26 April 2004
(OIL giant Shell urgently needs to embark on a damage limitation offensive with investors before regulatory probes and lawsuits send the crisis spiralling out of control.)
Daily Telegraph: Shell gives Watts a £1m golden farewell: 23 May 2004
Daily Telegraph: Shell slices still more off proven reserves: 25 May 2004
Daily Telegraph: Watts’ pension pot tops £10m: 28 May 2004
fin24: Shell directors under fire: 20 June 2004
Extract: “The report came just a day after Dutch paper NRC Handelsblad quoted a former executive of one of the oil group’s subsidiaries as saying half of the company’s 400 most senior managers were aware of the problem.”
London Evening Standard: Shell ‘has lied for 10 years’: 26 June 2004
Sadistic sacking of a Royal Dutch Shell whistleblower: 27 October 2010
Shell Closes Book on 2004 Reserves Scandal as Claims Deadline Passes: 5 November 2010
Earlier this week, institutions of the Anglican, Roman Catholic, Methodist, Presbyterian, and Baptist denominations in 11 countries announced their disinvestment from fossil fuels.
C of E Pensions Board backs new Shell energy-transition plan
THE Church of England Pensions Board voted on Tuesday with the oil giant Shell to pass the company’s new energy transition plan. Under the plan, gas production would increase by 20 per cent.
The AGM vote took place on the same day as the International Energy Agency released a report that stated that the exploitation and development of new oil and gas fields must stop this year if the world was to reach net-zero emissions by 2050 — a goal of the Paris Agreement.
Extracts from Shell Energy customer reviews posted during the past 24 hours on Trustpilot: “I can’t take any more!!”: It’s been one of most stressful things if my life.”: ” The ombudsmen found them guilty of lying and bullying and again ordered to compensate me.”: “There is something seriously wrong with this company, I think greed & stupidity just about covers it.”
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 21 May 2021.
Reuters
Shell exits Philippine gas field in $460 mln deal
CONTRIBUTOR: : PUBLISHED MAY 20, 2021LONDON, May 20 (Reuters) – Royal Dutch Shell RDSa.L has agreed to sell its stake in a offshore gas field in the Philippines for $460 million as part of its strategy to narrow its oil and gas operations.
Shell sold its 45% stake in Service Contract 38 (SC38), a deep water licence which includes the producing Malampaya gas field, to a subsidiary of the Udenna Group which already holds a 45% stake in the project.
(Reporting by Ron Bousso; Editing by Simon Cameron-Moore)
Extracts from Shell Energy customer reviews posted during the past 24 hours on Trustpilot: “Shell Energy just raised my bill for the sixth time in a year. This is price gouging and should be illegal.”: “Shell Energy Ripping me off”
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 20 May 2021.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission website etc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our non-profit websites and/or our activities.
John Donovan, the website owner
This is not a Shell website. That fact should be abundantly plain from the overall content of this home page and our sister Shell focussed websites, including shellnazihistory.com. Click on the Disclaimer link at top of this page for more information. You Can Be Sure Shell does not endorse or approve of this website. There are no subscription charges nor do we solicit or accept donations. No advertising is accepted. It is an entirely free to use non-commercial website drawing attention to the negative side of Shell. The Shell logo image with the white text used on this website, as per the above example, is in the public domain because its copyright has expired and its author is anonymous. It can be found here on WIKIMEDIA COMMONS. Use this link for Shell’s own website.
