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Shell’s CEO Discovers a Magical New Path to Net Zero Emissions, Shares Soar!

Oct 17th, 2023
by John Donovan.
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As always, Shell is cordially invited to point out any factual inaccuracies, although we suspect they’re too busy counting their rising profits to bother.

Posted by John Donovan: 17 October 2023

Oh, what a delightful twist in the ever-entertaining saga of Shell’s environmental pursuits! Shell Plc’s CEO, Wael Sawan, has emerged as a visionary leader, unveiling a groundbreaking new approach to achieving net zero emissions. Never mind that the company’s shares are soaring to levels unseen in five years – we have a new pathway to salvation!

Sawan, the brilliant mastermind, clarified the situation with utmost confidence, saying, “For avoidance of doubt, what hasn’t changed is the destination that we have set for ourselves. What has changed is the pathway we’re going to get there.” It’s almost poetic, isn’t it? The destination remains unchanged, but the journey, oh, the journey is now filled with unprecedented twists and turns. read more

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Shell’s Heroic Retreat from Renewable Energy: Head of Renewable Generation Bids Farewell to Greedy, Polluting Empire

Jul 3rd, 2023
by John Donovan.
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By John Donovan: 3 July 2023

Thomas Brostrom has made the courageous decision to leave the oil giant Shell Plc. This decision comes weeks after the newly appointed chief executive, Wael Sawan, shamelessly curtailed Shell’s feeble attempts at a green transition.

Brostrom, a courageous advocate for renewable energy, joined Shell in August 2021, after the company’s previous CEO, Ben van Beurden, made token gestures towards reducing greenhouse gas emissions. His appointment as head of renewables in February 2022 promised a glimmer of hope for a company that thrives on exploiting the Earth’s finite resources. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan. There is also a Wikipedia segment.

Shell’s Magnanimous CEO Embarks on Heroic Journey to Shower Oil Investors with Untold Riches

Jun 13th, 2023
by John Donovan.
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Posted 13 June 2023 by John Donovan

Prepare yourselves, mere mortals, for the grand spectacle that is about to unfold! Wael Sawan, the illustrious Chief Executive Officer of Shell Plc, has set his sights on the concrete jungle of New York City, where he will engage in a valiant effort to prove to the world that his precious oil empire is shamelessly undervalued compared to its feeble American counterparts. How noble of him!

In a highly anticipated presentation scheduled for Wednesday, 13 June, Sawan will dazzle investors with a glimpse into his master plan for the company. Brace yourselves, for his vision is nothing short of awe-inspiring: to shower shareholders with bountiful returns and close the gap in valuation with the mighty giants of the industry, such as Exxon Mobil Corp. and Chevron Corp. Surely, this Herculean task will require nothing less than unwavering devotion and a complete disregard for the planet’s well-being. read more

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Shell: All Options On The Table For New Energy Strategy

Mar 29th, 2023
by John Donovan.
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OILPRICE.COM

Shell: All Options On The Table For New Energy Strategy

By Josh Owens – Mar 28, 2023, 12:00 PM CDT

  • Shell is considering a new energy strategy to balance climate targets with energy security.
  • The CEO mentioned that the new strategy is expected to be released in June, with all options on the table regarding production targets and strategic decisions.
  • Shell is experiencing the energy trilemma, trying to balance affordable, secure, and low emissions supply, while still needing oil and gas for the long term future.

Shell is currently deliberating how to reconcile energy security with climate targets in a new strategy expected in June, with all options on the table, the supermajor’s chief executive Wael Sawan told The Wall Street Journal in a recent interview.

Whatever the decision of Sawan, other top executives, and the board, Shell is likely to disappoint investors, environmentalists, or both. read more

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Former Shell boss Ben van Beurden’s pay package jumps to £9.7m

Mar 9th, 2023
by John Donovan.
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BBC NEWS

Former Shell boss Ben van Beurden’s pay package jumps to £9.7m

9 March 2023

Former Shell boss Ben van Beurden received a pay package of £9.7m last year, up more than 50% from 2021.

His pay was revealed in the oil and gas giant’s annual report and accounts.

Shell reported the highest annual profits in its 115-year history last year after a surge in energy prices following Russia’s invasion of Ukraine.

Massive profits made by energy firms have added to pressure to tax them more as households struggle with rising energy bills. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan. There is also a Wikipedia segment.

Shell CEO creates chief of staff role in management overhaul

Feb 24th, 2023
by John Donovan.
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…problems included repeated outages at its Prelude liquefied natural gas (LNG) facility off the western coast of Australia…

REUTERS

Shell CEO creates chief of staff role in management overhaul

By Ron Bousso: February 23, 2023: 4:15 PM GMT

LONDON, Feb 23 (Reuters) – Shell (SHEL.L) Chief Executive Officer Wael Sawan has created a senior role of chief of staff as part of a management overhaul to improve performance after technical problems and other disruption, three company sources said. read more

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Shell CEO in first changes combines LNG, upstream operations

Jan 30th, 2023
by John Donovan.
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REUTERS

Shell CEO in first changes combines LNG, upstream operations

Ron Bousso:

LONDON (Reuters) -Shell will combine its oil and gas production and liquefied natural gas (LNG) divisions as part of CEO Wael Sawan’s first changes since taking charge of the energy giant earlier this month.

The new division, which combines Shell’s most profitable operations, will be headed by current upstream director Zoe Yujnovich, Shell said in a statement on Monday.

Sawan took office on Jan. 1 after heading Shell’s integrated gas division, which included Shell’s LNG and renewables businesses, with a vow to simplify and improve the company’s operations.

Under the internal restructure, renewables operations will be combined with Shell’s oil refining and marketing operations led by current downstream director Huibert Vigeveno, the company said. read more

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Shell Nearly Sold Its Norwegian Oil And Gas Assets In Late 2022

Jan 12th, 2023
by John Donovan.
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oilprice.com

Shell Nearly Sold Its Norwegian Oil And Gas Assets In Late 2022

By Tsvetana Paraskova – Jan 10, 2023, 8:00 AM CST

Shell held talks last year with the biggest UK North Sea producer Harbour Energy to sell its oil and gas fields offshore Norway and some mature assets offshore the UK, but a deal ultimately couldn’t be reached due to price volatility, company sources told Reuters on Tuesday.

Shell, as well as other majors, have worked in recent years on streamlining asset portfolios to focus on the most profitable projects. Back in 2021, Shell said that its oil production peaked in 2019 and is set for a continual decline over the next three decades as it looks toward the renewables side of the business. Shell said its carbon dioxide emissions also likely peaked—a year earlier, in 2018. read more

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It’s a new year and Shell has a new boss, but the same old greed just won’t cut it

Jan 7th, 2023
by John Donovan.
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It’s a new year and Shell has a new boss, but the same old greed just won’t cut it

The company has to start paying for its share of the climate damage oil and gas have caused around the world. It certainly has the funds

inews.co.uk: January 6, 2023 11:41 am(Updated 1:07 pm)

OPINION By Areeba Hamid

As we welcome in a new year, Shell welcomes its new CEO, Wael Sawan.

Coming from Shell’s alternative energy division, Sawan’s appointment has already sparked speculation that this could mark a departure from the era of predecessor Ben van Beurden who presided over – among other things – Shell’s ignominious departure from the Alaskan Arctic, its first dividend cut since the Second World War and a loss in a landmark climate court case in the Netherlands. The company was also recently the focus of an documentary exposé and stinging spoof from comedian Joe Lycett.

Sawan steps up at an interesting time for the fossil fuel industry.

While households up and down the UK freeze, and struggle to put food on the table, Shell has made the most of tax breaks to avoid paying any windfall tax whatsoever. It’s even milked £100m from taxpayers. And instead of investing profits back into clean, cheap renewable power which could alleviate bills and shore up UK energy security, Shell has funnelled billions of that extra cash back into shareholder pockets in the form of buybacks. read more

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Shell to pay £1.7bn in UK and EU windfall taxes

Jan 6th, 2023
by John Donovan.
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SkyNews

Shell to pay £1.7bn in UK and EU windfall taxes

It comes after bosses at the London-listed oil giant said in October they had not paid any UK windfall taxes due to heavy investment in the North Sea.

By Sarah Taaffe-Maguire, business reporter

Friday 6 January 2023 10:17, UK

Windfall tax payments are to cost Shell around $2bn (£1.7bn), the oil and gas company has revealed.

The cost of the UK’s energy profits levy and the EU’s recently announced solidarity contribution will reach $2bn (£1.7bn) in the final three months of its financial year, the firm said in a fourth quarter 2022 update. read more

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Meet Shell’s New CEO

Jan 4th, 2023
by John Donovan.
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RIGZONE

Meet Shell’s New CEO

by Andreas Exarheas Rigzone Staff Tuesday, January 03, 2023

Wael Sawan has officially become Shell’s new chief executive officer, succeeding Ben van Beurden, who had held the post since January 1, 2014.

In an in-house interview posted on Shell’s website, which asked the new company head how he felt about taking on the challenge of being Shell CEO, Sawan said he was “incredibly excited”.

“But, I have to admit, also sometimes daunted by the huge challenges that are out there. I take comfort in the fact that we do have a strong strategy. We do have brilliant people,” he added in the interview. read more

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I was written off in my 40s, says outgoing Shell boss Ben van Beurden

Jan 1st, 2023
by John Donovan.
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Mail On Sunday/ ThisisMoney.co.uk

I was written off in my 40s, says outgoing Shell boss Ben van Beurden: Oil industry titan is having the last laugh

  • Ben van Beurden says his stellar career was almost derailed two decades ago 

  • He was told that he did not have what it took to get to the top

By FRANCESCA WASHTELL FOR THE MAIL ON SUNDAY

PUBLISHED: | UPDATED: 

He is one of the most powerful business leaders on the planet, with a pay package of £6million in 2021.

But, in a candid admission that will strike a chord with anyone who feels their talents are overlooked at work, Shell chief executive Ben van Beurden says his stellar career was almost derailed two decades ago.

The Dutch oilman says that when he was in his 40s he was told at an assessment centre for leadership training that he did not have what it took to get to the top. read more

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Avoid Shell Energy! They are an appallingly bad company

Dec 21st, 2022
by John Donovan.
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21 Dec 2022

The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.

Con Artists – Avoid!

Avoid Shell Energy! They are an appallingly bad company. They took over as our energy supplier over a year ago and still haven’t refunded the money they owe us (i expect this is the case for many of their other customers). They couldn’t care less about their customers, rude and unhelpful customer services staff (when you eventually do get through) We’ve wasted hours and hours of our time chasing the money they owe us only to be fobbed off every time, absolutely terrible, avoid at all costs, there are plenty of other energy suppliers available, see all the other bad reviews online of Shell and you will see that this is not an isolated instance! Disgusting behaviour from a company that made £10 billion in profits in the last quarter alone but refuses to refund £300 that they owe. It’s incredible that companies like this are allowed to get away with it. read more

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Ben van Beurden on The Sunday Times Business Person of the Year 2022 Shortlist

Dec 11th, 2022
by John Donovan.
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The Sunday Times Business Person of the Year 2022: The shortlist

The Sunday Times

In a year buffeted by war, falling markets and government upheaval, we present the shortlist for the business person who has stood out above the rest

Ben van Beurden, Shell

The Dutchman will call time on a 40-year career at Shell in 2023, having spent nine years in the hot seat. He gambled early in his tenure on the £36 billion takeover of gas giant BG Group, relocated Shell’s head office to London, and cut its dividend when the oil price tanked during Covid. But the company has surged this year on the back of higher oil prices stoked by the Ukraine war. Van Beurden, 64, leaves Shell in a fitter state and with plans to embrace green energy — read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan. There is also a Wikipedia segment.

Warning for anyone thinking if using Shell Broadband services

Nov 11th, 2022
by John Donovan.
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I hope this serves as a warning for anyone thinking if using Shell Broadband services

1 1 Nov 2022

The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.

Don’t use their broadband service

Don’t use their broadband service, drops out on a regular basis and the customer service is shocking. Often have to wait in excess of 50 minutes to speak to anyone!

Date of experience: 10 November 2022

Absolutely horrendous service

Absolutely horrendous service. Without Broad band for 6 weks refunded for 2 and then charged for 8. Customer service personel do not have a clue and are rude and patronising. Still no resolution 3 months on so I have left. read more

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Shell CEO Confident on Long-Term LNG Demand

Nov 7th, 2022
by John Donovan.
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Shell CEO Confident on Long-Term LNG Demand

Pietro Pitts:

Shell Plc remains confident on the long-term outlook for LNG demand, especially in Europe, despite recent supply constraints, the company’s CEO Ben van Beurden and CFO Sinead Gorman concurred during a virtual webcast with various media outlets.

Shell’s LNG trading and optimization was “impacted by a combination of seasonality and supply constraints, where the business is geared towards supplying the northern hemisphere during the winter,” the company revealed in its third-quarter results.

Van Beurden continues to see LNG as a long-term growth segment with typical growth of 4% per annum and thinks the figure could be higher given higher energy consumption in Europe. In parallel with higher energy demand, the company has boosted its positioning in LNG in projects in Qatar from the North Field South and North Field East developments to Mexico, the executive said. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan. There is also a Wikipedia segment.
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