News and information on Shell Plc
Profile of John Donovan extracted from Amazon where his Shell focussed books have been sold for many years despite threats from Shell lawyers.
In 1979, John Donovan was the co-founder of a sales promotion company, Don Marketing, which created promotional games for blue chip clients such as BP.
Shell. You’ve done it again—bought more of the problem while pretending to be part of the solution.In the latest episode of “Shell Expands Its Empire of Environmental Destruction,” ConocoPhillips has announced it will be offloading its interests in the Ursa and Europa Fields to—wait for it—Shell, for the bargain price of $735 million. Because nothing says “streamlining” quite like selling off oil fields to one of the most notorious polluters on the planet.
ConocoPhillips, fresh from its $22.5 billion corporate feeding frenzy—also known as its takeover of Marathon Oil—is now frantically shedding “non-core” assets to help lower its debt. It recently offloaded some Lower 48 assets for a casual $600 million, and now, Shell gets to expand its death grip on fossil fuel production.
9 Oct 2024
Washington DC – Ah yes, Shell. The oil-soaked villain of the century, responsible for more destruction than we can count, is at it again—this time helping fuel Hurricane Helene, which claimed 227 lives across six states. No big deal, right? After all, it’s just another day in the office for Shell and its oily cronies, spewing profits while the planet burns.
According to a rapid analysis by World Weather Attribution, Helene’s deadly rampage has been supercharged by—wait for it—climate change! Who knew?! Well, Greenpeace sure did, and they’re calling out Big Oil for the catastrophic mess it’s created. Rolf Skar, Greenpeace USA National Campaigns Director, lays it out:
Posted by John Donovan: 5 May 2024
Enter Alberta, the land of opportunity for oil giants looking to greenwash their way to profitability. Here, Shell found a cozy little subsidy scheme that allowed them to register and sell carbon credits tied to CO₂ removal that was about as real as a unicorn sighting. According to the province’s registry, Shell managed to pull off the miraculous feat of selling credits equivalent to twice the volume of emissions avoided by its Quest carbon capture facility, which, surprise, surprise, didn’t quite live up to its carbon-sucking hype.
Enter California’s knight in shining armour, Attorney General Rob Bonta, who’s decided to take on the corporate leviathans like BP, Shell, ExxonMobil, ConocoPhillips, and Chevron, along with their trusty sidekick, the American Petroleum Institute (API). Why? Oh, just for orchestrating a little thing called the climate crisis.
Bonta’s not pulling punches either; he’s slapping them with a 135-page lawsuit, armed with what he calls “smoking gun” evidence. And guess what? He’s not alone in this fight. Dozens of states are lining up to join the fray.
Grab your popcorn, folks. This legal drama is about to reveal whether these energy companies are just misunderstood giants or masterminds of eco-deception. Stay tuned!Posted by John Donovan:
27 November 2023
Well, well, well, if it isn’t our favorite energy giants back in the spotlight, but this time they’re not drilling oil – they’re drilling themselves into a bit of a legal quagmire. BP PLC, Chevron Corp., ConocoPhillips, Exxon Mobil Corp., and Royal Dutch Shell PLC are about to play a high-stakes game of courtroom chess in sunny California. And guess what? It’s not about who struck oil, but who played a little too fast and loose with the truth about climate change.
Posted by John Donovan: 31 October 2023
Once upon a time in a land far, far away from the reality of climate change, the noble knights of Big Oil gallantly rebranded their annual jamboree to “Energy Intelligence,” because, as we all know, changing your name changes your impact on the planet. Meanwhile, our heroes of the hour, Fossil Free London, were throwing a bit of a festive blockade party at the Intercontinental. You might’ve heard of Greta Thunberg? Yeah, she was there, got a badge of honor in the form of a public disorder charge. So large was the fiesta that Shell’s head honcho Wael Sawan had to resort to Zoom to address his oil-loving subjects. How… quaint.
yahoo!
Oil giant Shell is leading the way on this $4 trillion climate change solution some say won’t work
Fossil fuel companies are leading the way when it comes to a climate change solution that, despite its backing from multiple governments, has faced criticism as an ineffective way to reach net zero.
Carbon capture and storage (CCS) allows industries that burn fossil fuels to trap carbon emissions and transport them via pipelines, trucks, or ships for geological storage. The carbon dioxide is injected underground into rock formations, usually at depths of one kilometer or more.
CNBC
Big Oil braces for shareholder revolt over climate plans in proxy voting season
LONDON — Some of the world’s largest corporate emitters face the prospect of a shareholder rebellion this month, with climate-related votes poised to spike throughout the proxy season.
Oil and gas majors on both sides of the Atlantic are scheduled to hold their annual general meetings in the coming weeks. Existing climate strategies are up for votes alongside a range of investor-led resolutions targeting emissions reductions.
Forbes:
Want To Stop Climate Change?
Buy Big Oil Stock
“Thanks to the votes of institutional investors for the Follow This climate resolutions, Shell, Equinor, BP, Phillips 66, and Chevron have reluctantly set climate ambitions covering Scope 3 already.” And, as Follow This announced in their recent investor briefing, they will file no less than eight climate resolutions in 2022, at Shell, BP, Chevron, ConocoPhillips, Phillips 66, Occidental Petroleum, ExxonMobil, and Marathon Petroleum.
CITYA.M.
Shell sells oil shares from the sea floor: Oil giant begins $7bn buyback scheme
Royal Dutch Shell (Shell) is looking to woo over shareholders following the sale of its US Permian basin assets to ConocoPhillips in September for $9.5bn.
It has launched the opening stage of its much-anticipated $7bn buyback scheme, offering $1.5bn in the first tranche of shareholder distributions.
The first tranche will be open until January 28, with plans to distribute the remaining $5.5bn to be announced in early 2022
The Observer: Shell and BP paid zero tax on North Sea gas and oil for three years
Jon Ungoed-Thomas: Sat 30 Oct 2021 20.15 BST
Shell and BP, which together produce more than 1.7bn tonnes of greenhouse gases a year, have not paid any corporation tax on oil and gas production in the North Sea for the last three years, company filings reveal.
The oil giants, which have an annual global footprint of greenhouse gases more than five times bigger than Britain’s, are benefiting from billions of pounds of tax breaks and reliefs for oil and gas production.
The New York Times
Royal Dutch Shell is selling its Permian Basin oil holdings to ConocoPhillips for $9.5 billion.
HOUSTON — Royal Dutch Shell sold its oil and gas production in the Permian Basin, the biggest American oil field, to ConocoPhillips for $9.5 billion in cash on Monday.
The deal marks a turning point for Shell, which had put considerable effort into developing the 225,000-acre field since buying it from Chesapeake Energy nine years ago, expanding its production to about 200,000 barrels a day.
CNBC
Shell announces $9.5 billion sale of West Texas oil field assets to ConocoPhillips
Hannah Miao: MON, SEP 20 2021
OILPRICE.COM
5 Things You Need To Know About The World’s Hottest Oil Play
By James Stafford – Aug 16, 2021, 7:00 PM CDT
With evidence of an active petroleum system now confirmed after two test wells in Namibia’s 6.3-million-acre Kavango Basin, the game is afoot with 2D seismic and a 6-well exploration drilling campaign that hopes to put this final frontier nation definitively on the commercial oil map.
Extracts relating to Royal Dutch Shell
Other companies looking to capitalize on the rise in oil prices:
REUTERS
Analysis: Benchmark of Big Oil on methane emissions shows ‘significant gap’ between reality and reporting
By Terry Slavin – Editor, Reuters Professional:
Geofinancial Analytics’s MethaneScan® benchmark scores the oil and gas producers based on observed methane emissions in the year to this July.
This first snapshot, of the top 15 producers, finds that oil super-majors Royal Dutch Shell and Chevron are the worst performers, followed by ConocoPhillips, Marathon Oil and ExxonMobil.
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. The nature of this platform should be evident from the content presented here and on our related Shell-focused websites, including shellnazihistory.com. For more details, please refer to the Disclaimer link at the top of this page. Shell does not endorse or approve of this website.
Our platform operates as a non-commercial, advert-free, and subscription-free space. We do not solicit or accept donations and aim to provide information to our readers free of charge. The Shell logo image with white text used on this website is in the public domain due to expired copyright and anonymous authorship. It can be found on WIKIMEDIA COMMONS. Use this link for Shell’s own website.
Our content, including images and features like the Sheldon chatbot, incorporates information generated by Artificial Intelligence (AI) and various other technological means. We may also draw from sources such as Wikipedia and other published materials. Please note that some content may include satirical adaptations or elements of gossip, rumors, or exaggeration to engage and entertain our audience.
We strive to maintain factual accuracy and encourage readers to notify us promptly if any factual inaccuracies are found, so we can address and rectify them swiftly. Readers are advised to verify all information independently for accuracy and completeness. Any actions taken based on the content provided on our platform are at your own risk.
