Feb 12th, 2023
by John Donovan.
BBC NEWS
Why are BP, Shell, and other oil giants making so much money right now?
By Ben King
Business reporter, BBC News: 11 Feb 2023
The big oil companies – from the UK-based BP and Shell to international giants such as ExxonMobil and Norway’s Equinor – have been announcing astonishing profit figures.
They are all benefitting from the surging price of oil and gas following the invasion of Ukraine.
While they rake in the profits, people around the world are struggling to pay their energy bills and fill up their cars – leading to calls for higher taxes on these companies.
So how are they making so much money, and should the government step in to stop them? read more
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Feb 12th, 2023
by John Donovan.
NL TIMES
Shell demands compensation after Greenpeace action on oil platform
SUNDAY, 12 FEBRUARY 2023: Reporting by ANP and NL Times
Greenpeace said it has received a claim for damages from Shell over the occupation of an oil rig by activists from the environmental organization. The oil and gas company is demanding 100,000 pounds (113,000 euros), in part because Greenpeace activists placed solar panels and a wind turbine on the floating platform. The platform is on its way to the port of the Norwegian city of Haugesund. read more
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Feb 9th, 2023
by John Donovan.
Shell Energy Broadband Reviews recently posted on broadband.co.uk
Reviewer Graham: Location Great Yarmouth: Date 2023-01-02
Comments
Customer service is poor to non-existent. I am at the end of a 12 month contract with the same problem I reported at the beginning of the contract, that means 12 months of paying for a service that was shoddy and not supported. If you are considering Shell Broadband, I recommend you look again.
Reviewer Brigid: Location Hazel Grove: Date 2023-01-02
Comments
Since Shell took over from the Post Office my phone and broadband are nothing but trouble.
All my contacts have told me they are unable to get in touch.
1 – Weird noise on line,
2 – it may ring out and cut off,
3 – it crackles if working at all
4 – have tried several phones but the problem continues.
5 – my tech and phone works fine when tried at friends house
6 – customers service are trying to deal with Post Office customers and Shell customers
7 – They try to make you feel as if I’m the only one complaining
8 The service is not fit for purpose
9 – For any other purchase I am entitled to a replacement or refund. I feel Shell should refund all my payments since they took over from the Post Office.
10 – Shell service is so bad there have been radio programs of people complaining.
11 – Customer service people go through the same script each time I call and tell me there will be charge from OPENREACH if an engineer has to come out. read more
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Feb 9th, 2023
by John Donovan.
The Guardian
Shell directors personally sued over ‘flawed’ climate strategy
Claimants ClientEarth say the oil company’s plan puts the company at financial risk as the world transitions to clean energy
Damian Carrington Environment editor: Thu 9 Feb 2023 06.01 GM
The directors of oil major Shell are being personally sued over their climate strategy, which the claimants say is inadequate to meet climate targets and puts the company at risk as the world switches to clean energy.
Environmental lawyers ClientEarth have filed the lawsuit against the 11 directors at the high court in England. It is the first case in the world seeking to hold corporate directors liable for failing to properly prepare their company for the net zero transition, ClientEarth said. read more
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Feb 9th, 2023
by John Donovan.
REUTERS
Institutional investors back Shell board lawsuit over climate risk
LONDON, Feb 9 (Reuters) – A group of European institutional investors is backing a novel London lawsuit against energy giant Shell’s (SHEL.L) board over alleged climate mismanagement in a case that could have far-reaching implications for how companies tackle emissions.
ClientEarth, an environmental law charity turned activist Shell investor, said it had filed a High Court claim on Wednesday, alleging Shell’s 11 directors have failed to manage the “material and foreseeable” risks posed to the company by climate change – and that they are breaking company law. read more
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Feb 9th, 2023
by John Donovan.
Shell’s Board Sued by Institutional Investors Over Lack of Climate Ambition
Shell Plc’s board faces a new front in climate litigation as a group of frustrated shareholders sue the oil giant’s directors in the UK.
Bloomberg News: Katharine Gemmell and William Mathis Published Feb 08, 2023
(Bloomberg) — Shell Plc’s board faces a new front in climate litigation as a group of frustrated shareholders sue the oil giant’s directors in the UK.
Two years after a Dutch court ordered Shell to slash its emissions, the group of investors are filing the first lawsuit of its kind against 11 members of the board, accusing them of failing to manage the company’s climate risks. read more
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Feb 9th, 2023
by John Donovan.
Shell threatens Greenpeace protestors with jail and fines: But legal tactics fail as Greenpeace sends second boat and more climbers
Action pics and video available here, with updates throughout the day.
Amsterdam, Netherlands – Shell has attempted to silence Greenpeace International’s peaceful occupation of its oil and gas platform at sea, by hitting the campaign group with an injunction late on Friday, February 3, threatening up to two years’ jail time and fines.[1]
But today, Shell’s heavy-handed legal tactics failed, as Greenpeace International successfully went ahead with plans to escalate its protest by adding two more climbers to occupy the company’s oil and gas platform – using other boats unaffected by the court order.
Protestors are demanding that the company stops expanding oil and gas production around the world, takes responsibility for fuelling the climate crisis, and pays up for the climate destruction it is causing everywhere.
At around 9am (CET) in the Channel, the Greenpeace France-chartered Merida trimaran and two small boats approached the White Marlin heavy-lift vessel, which is carrying Shell’s 34,000 tonne oil and gas platform to the North Sea. read more
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Feb 9th, 2023
by John Donovan.
BBC NEWS
Vast energy firm profits raise fresh questions over windfall tax
By Douglas Fraser: Business and economy editor, Scotland
- Vast profits for BP and Shell have put them in the frontline of a battle over the winners and losers from the energy crisis.
- Extension of the windfall tax is seen by the industry as a way of discouraging further investment.
- Some would prefer to see that discouraged and are dismayed as BP increases spend, while others want taxes to target benefits to shareholders.
BP and Shell get the attention because they’re big, public brands based in Britain. They’re not the only ones making vast amounts of money.
US firm ExxonMobil reported a profit of $56bn (£47bn) for last year. Chevron, also in the US, reported $36bn (£30bn).
Shell had profits of $40bn (£32bn) and BP has weighed in at $28bn (£23bn). All of them have more than doubled profits as the invasion of Ukraine and sanctions on Russia roiled the world’s energy markets.
Equinor (formerly Statoil), based in Norway and the largest supplier of gas to the UK and European Union after Russian gas flow was cut sharply, announced on Wednesday its net profit for the year was $28.7bn (£24bn), up from $8.6bn (£7bn) in 2021. Adjusted operating profits – before tax and removing one-off items – came to $75bn (£62bn). read more
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Feb 9th, 2023
by John Donovan.
REUTERS
Environmental groups plan to sue Shell’s new Pennsylvania plant over emissions
8 Feb 2023
Two environmental groups announced on Feb. 2, 2023 that they plan to sue Shell Chemical Appalachia over air pollution, just about three months after the startup of operations of Shell’s 1.6-million tonnes per year facility with capacity of polyethylene production, and related ethane cracker in Pennsylvania.
The Environmental Integrity Project said in a press release that along with another environmental group named Clean Air Council it filed “a notice of intent to sue (…) for repeated violations of air pollution limits,” it said. read more
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Feb 8th, 2023
by John Donovan.
“left with no broadband for three full weeks – now to be four weeks of no broadband, by the time my new router will supposedly arrive. Yet my contract is live and I have already received my first bill…”: “Never in my life have I been failed so badly by a company…”
Shell Energy Broadband Reviews recently posted on broadband.co.uk
REVIEW POSTED ON broadband.co.uk on 1st Jan 2023
Reviewer Callum: Location Carlisle: Date 2023-01-01
Comments
I had no other choice but to log a formal complaint today with Shell Energy, due to my – still to this day – completely un-functioning broadband. read more
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Feb 7th, 2023
by John Donovan.
7 Feb 2023
The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.
Absolutely terrible company, overcharging, ridiculous prices, unhelpful staff, will never buy or use anything Shell related, I advise everyone else to do the same.
Download speeds of less than 6MBPS when the package I pay for alleges 15 to 17 MBPS. When queried the allegation was that the fault lay with my internal wiring. Having attempted all Shell’s suggested tests, no improvement. Do not waste your money, they don’t care once they’ve got it!!!!!!!!!!!!! read more
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Feb 7th, 2023
by John Donovan.
AMNESTY INTERNATIONAL
Nigeria: Shell must clean up devastating oil spills in the Niger Delta
February 2, 2023
Reacting to the news that two Nigerian communities, which have been devastated by oil spills, have filed claims against Shell at the High Court in London, Amnesty International’s Head of Business and Human Rights Mark Dummett, said:
“More than 13,500 residents from the Ogale and Bille communities in the Niger Delta have now filed claims against Shell asking that the company clean up oil spills which they say have wrecked their livelihoods, poisoned their wells, and polluted their land and water, which means they can no longer farm or fish.”
“Amnesty stands by these two communities in the Niger Delta, which have been engaged in litigation against Shell for seven years, asking that the company clean up the damage caused and compensate them for their lost livelihoods.
“Shell announced in 2021 that it plans to sell its onshore oilfields and assets in the Niger Delta after 60 years of highly profitable operations in the area. It is concerning that Shell has not explained how it plans to address the widespread and systemic pollution of Nigerian communities linked to its operations over many years before it sells up and leaves. read more
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Feb 4th, 2023
by John Donovan.
Pa. advocates issue intent to sue Shell cracker for emissions violations
JON HURDLE: Inside Climate News: Pittsburgh Post-Gazette: FEB 3, 2023
Two environmental groups said on Thursday they intend to sue Shell Chemical Appalachia, operator of a big new petrochemical plant in Potter Township, for its violation of federal and state air-quality standards.
The Environmental Integrity Project and the Clean Air Council gave Shell a required 60 days to respond to their notice of intent to sue on the grounds that the company violated the federal Clean Air Act, a state plan to implement it, a Pennsylvania air-quality law and the state permits under which it is allowed to emit specific quantities of some contaminants. read more
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Feb 4th, 2023
by John Donovan.
The Guardian
Shell’s lack of ambition is maddening: it’s time to speed up transition to renewables
Nils Pratley
Thu 2 Feb 2023 19.30 GMT
The chief executive has changed at Shell but the song remains the same. The energy transition will be “balanced” and “we intend to remain disciplined while delivering compelling shareholder returns,” declared Wael Sawan. Translation: the company will not use the sudden arrival of spectacular financial riches to boost spending on renewables.
Being “disciplined” is, of course, an admirable ambition when presented starkly and without context. No chief executive of any company is ever likely to tell investors that the plan is to take wild punts on projects with little prospect of a decent return. But there is a world of nuance between the extremes. read more
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Feb 3rd, 2023
by John Donovan.
The Washington Post
Advocacy group accuses Shell of ‘greenwashing’ and misleading investors in SEC complaint
February 1, 2023 at 8:03 a.m. EST
An advocacy group is accusing the oil giant Royal Dutch Shell of misleading investors by classifying its investments in natural gas as spending on renewable energy.
In a complaint filed today with the Securities and Exchange Commission, the group Global Witness argues that Shell’s classifications amount to “greenwashing” — the practice of portraying a business or product as more environmentally friendly than it really is. read more
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Feb 2nd, 2023
by John Donovan.
The Guardian
Calls for bigger windfall tax after Shell makes ‘obscene’ $40bn profit
Sunak government under pressure after gas prices fuel ‘outrageous’ doubling of profits at Anglo-Dutch group
Alex Lawson Energy correpondent: Thu 2 Feb 2023 14.13 GMT
The government is under pressure to rethink its windfall tax on energy companies after Shell reported one of the largest profits in UK corporate history, with the surge in energy prices sparked by Russia’s invasion of Ukraine pushing the oil company’s annual takings to $40bn (£32bn).
Opposition parties and trade unions described Shell’s bonanza, the biggest in its 115 year history, as “outrageous” and accused Rishi Sunak of letting fossil fuel companies “off the hook”.
On Thursday, the UK headquartered company confirmed it had paid just $134m in British windfall taxes during 2022. It paid $520m under the EU “solidarity contribution” – Europe’s equivalent of the windfall tax. read more
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