News and information on Shell Plc
Energy bosses to receive £110m reward after First Utility is bought by oil giant Shell for an estimated £240m: 24 Dec 2017
Kuwait Signs LNG Import Deal With Shell, Has `Pressing’ Gas Need: 24 Dec 2017
Activists say not so fast on drilling in Alaska refuge: 22 Dec 2017
By Elizabeth Harball, Alaska’s Energy Desk – Anchorage – It’s the first oil exploration in Arctic federal waters since Shell abandoned its campaign in 2015.
The company, Eni, aims to begin drilling in December. It will operate from an existing man-made gravel island called Spy Island. Spy Island is about three miles offshore, in state waters west of Prudhoe Bay.
The prospect is about four miles away from the island, so Eni plans to use extended-reach drilling. According to the company, it will be be the longest extended-reach well in Alaska.
More than a hundred books contain references to the Donovan’s, Don Marketing, or their Shell related websites, including royaldutchshellplc.com and shellnews.netExtracts from the chapter entitled “Reputation Loss” page 20:
One such empowered activist is arch Shell critic Alfred Donovan. No one was more surprised than Royal Dutch Shell PLC to learn that this 88-year-old British army veteran had purchased the Internet domain name www.royaldutchshellplc.com. The gadfly Donovan was a well-known, though underestimated, critic of the company. By acquiring the domain name, Donovan obtained the perfect platform to voice his criticisms of the oil giant. Who would have thought a decade ago that such an unlikely individual could stand up to a corporate powerhouse, waging a war of words against one of the world’s largest companies?
The companies have been accused of causing an adverse impact on the climate, resulting in global warming. The plaintiffs hold these fossil fuel companies accountable for rising sea levels, changing landscapes, higher global temperatures and increased risk of storms and droughts. The cities are located on the opposite sides of San Francisco Bay, and the lawsuit claims that the region’s water level is already on the rise. If the companies lose the case, they will be liable to pay billions of dollars in fines. Though the lawsuits do not specify the compensation amount, updating San Francisco’s seawall alone could cost up to $5 billion. FULL ARTICLE
In light of material increases in realized upstream prices and an improving downstream sector, Royal Dutch Shell plc’s (NYSE:RDS.A) (NYSE:RDS.B) financials have shown tremendous improvement this year. The worst of the downturn is behind the oil sector, but keep in mind crude prices remain range-bound. That being said, with Brent (global oil benchmark) back over $55/barrel (high end of the range), things are looking brighter and brighter for Royal Dutch Shell every day. Especially when it comes to fully covering Royal Dutch Shell plc Class A and Class B shares’ lofty 6+% yields. Let’s dig in.
How Europe’s Monster Gas Field Turned Into a Monster Headache: Bloomberg: 13 July 2017Judge to consider demands to close Europe’s largest gas field; Groningen has contributed almost 300 billion euros to budget; What was once a blessing is now an expensive curse; Officials are also considering criminal charges against NAM executives READ MORE
June 2005 – High Court jails five men who became known as the “Rossport Five” for contempt of court over their continued protests over the pipeline route. READ MORE
Royal Dutch Shell Plc quit its exploration quest offshore Alaska in 2015 after a ship it had leased suffered a gash in mostly uncharted waters… READ MORE
After Iran move, Total seen in pole position to snap up Qatar gas deals: Reuters: 10 July 2017Total is well placed to take a lead role in helping Qatar expand output from the world’s largest gas field, largely thanks to its involvement in the Iranian side of the shared deposit, two sources familiar with Doha’s thinking said. That puts the French oil major ahead of rivals like Exxon and Shell… Read More
A subsidiary of Alaska’s wealthiest regional Native corporation is moving ahead with plans to follow in the footsteps of Shell and explore for oil in the U.S. Arctic Ocean. Read More
Shell acquires local power company MP2: Houston Chronicle: 29 June 2017
Royal Dutch Shell said Thursday that it plans to acquire MP2 Energy, a power and retail electric company based in the Woodlands, as the oil major seeks to diversify its business.
Trump says the Atlantic, Arctic could soon be open to oil drilling: The Washington Post: 29 June 2017
The White House is making a bid to overturn the Obama administration’s five-year plan forbidding oil and gas exploration in the Arctic and Atlantic oceans and will examine opportunities to drill almost anywhere off the U.S. coast.
Oil firms could waste trillions if climate targets reached: report: Reuters: 20 June 2017Oil giants including Exxon Mobil and Royal Dutch Shell risk spending more than a third of their budgets by 2025 on oil and gas projects that will not be feasible if international climate targets are to be met, a thinktank says.
A number of producers – notably Iraq, Saudi Arabia and Russia – have aggressively ramped up output…
Norway has infuriated environmental groups by opening up a record number of blocks in the Arctic for oil exploration. Environmental groups, emboldened by their success ending Royal Dutch Shell’s drilling off Alaska, are stepping up protests against Oslo.
By John Donovan
On 1st April 2015, President Obama’s administration upheld a 2008 lease sale facilitating Shell’s return to oil and gas drilling off Alaska.
See this Reuters Report: Here’s why Obama is approving Artic Drilling again
This decision despite Shell’s farcical exploits in 2012. Many readers will recall that a Shell hired drilling rig – a rusty ancient vessel – ran aground after Shell sent it to sea despite a storm warning.
The reckless move was made in an attempt to evade taxes. Shell admitted, then denied, then admitted, that this was the case.
The Shell-contracted rigs Kulluk (left) and Noble Discoverer (right) set sail from Seattle in July 2012 for Royal Dutch Shell’s ultimately unsuccessful drilling campaign offshore Alaska in Summer 2012. Photo credit: Vigor Industrial
December 19, 2016 by Bloomberg
By Jennifer A. Dlouhy
(Bloomberg) — President Barack Obama is preparing to block the sale of new offshore drilling rights in much of the U.S. Arctic and parts of the Atlantic, a move that could indefinitely restrict oil production there, according to two people familiar with the decision.
By Ron Bousso | LONDON
In the waters off Malaysia, Royal Dutch Shell (RDSa.L) is finding gas quickly and cheaply to replenish depleting fields where only a few years ago geologists had lost hope of discovering any new reserves.
The Anglo-Dutch group is combining the latest technology with the wisdom of industry veterans to unlock new oil and gas deposits where it already operates, usually within 20 km (12 miles) of existing platforms.
The result has been a string of finds which, while modest in size, can generate cash rapidly to suit an era of drastically reduced exploration budgets across the energy industry.
By William Yardley: 18 Nov 2016
The Obama administration said Friday it was banning offshore oil drilling in the Arctic through 2022, a move that prompted widespread praise from conservation groups but raised questions over how long the decision will stand just two months before President-elect Donald Trump takes office.
A new five-year leasing program prohibits any drilling in the Beaufort and Chukchi seas — an environmental battleground in recent years —and also blocks expansion in the Atlantic and Pacific oceans, while allowing some new leasing in the Gulf of Mexico.
By Ed Crooks: November 19, 2016
The last rites have been read over the Age of Oil a few times recently, but this week the International Energy Agency suggested there was still plenty of life left in it yet.
In its 2016 World Energy Outlook, the IEA argued that even if the Paris climate agreement were fully implemented, demand for oil would keep rising until at least 2040.
The message was reassuring for oil producers worried that “peak demand” might condemn them to stagnation or decline, or even put them out of business. There was colder comfort, however, in a warning from Wood Mackenzie that big oil companies risked being left behind in the transition to low-carbon energy.
Comment from Bill Campbell on the Energy Voice Article: Shell stresses importance of stable regulatory environment post-Trump victory
Under Trump, with the senate and congress to support him, we can look forward soon to significant deregulation in the US effecting positively onshore fracking, tar sands development, offshore Deepwater in the Gulf and a boost perhaps to Alaska drilling. One assumes the Keystone pipeline will go ahead and perhaps pipelines running from central US to East Coast for new LNG Plants to supply a Europe hedging its bets over Russian gas availability with Europe’s ongoing problems with Putin, sanctions etc. A significant increase in US output, leading to increase in global supply over demand could dampen oil price. Shell seems to have divested assets recently in the US in some of these areas to offset BG takeover costs so uncertain whether Trumpworld will be good or bad for Shell.
Tyler Crowe: (TMFDirtyBird): Nov 1, 2016
It seems that now when an oil company’s earnings increase, financial pundits say it “rocketed” upwards or some other hyperbole like that. Sure, Royal Dutch Shell’s (NYSE:RDS-A) (NYSE:RDS-B) third-quarter results were better than the past few quarters thanks to the BG Group deal, but the devil’s in the details. Let’s take a look at the company’s results and why they improved, as well as peek into Shell’s near-term future as 2017 comes into focus.
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.
