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Dutch limit Groningen gas production despite energy crisis

Sep 27th, 2022
by John Donovan.
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Dutch limit Groningen gas production despite energy crisis

By Reuters  •  Updated: 26/09/2022 – 16:25

AMSTERDAM -Gas production at the Groningen field in the Netherlands will be lowered to the minimal amount needed to keep wells operational in the coming year, as extraction is expected to end by 2024 at the latest, the Dutch government said on Monday.

Production at Groningen, once one of Europe’s major suppliers of natural gas, will be capped at 2.8 billion cubic metres (bcm) in the year starting Oct. 1, the government said, down from 4.5 bcm in the current year.

The Groningen field, operated by a joint venture of Shell and Exxon Mobil, still holds massive reserves of natural gas. read more

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

The energy crisis in Europe and the buried treasure of the Netherlands of 1000 billion

Sep 26th, 2022
by John Donovan.
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The energy crisis in Europe and the buried treasure of the Netherlands of 1000 billion

By Hans von der Brelie

Despite skyrocketing energy prices and a shortage of natural gas supplies in the European Union, the Dutch government has taken the decision to go ahead with shutting down the natural gas wells in the Groningen region. The field is one of the largest in the world, with a value of up to 1,000 billion euros. But for now, it is a treasure that will remain untapped for the foreseeable future. read more

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

Regulator receives 136 damage claims after two earthquakes strike Groningen

Sep 26th, 2022
by John Donovan.
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DutchNews.nl

Regulator receives 136 damage claims after two earthquakes strike Groningen

SEPT 26, 2022

More than 100 claims for structural damage have been filed since two earthquakes, the largest measuring 2.7 on the Richter scale, hit Groningen province on Saturday.

The larger of the two quakes struck the village of Uithuizermeerden, on the north coast, at around midday, followed by a smaller one measured at 1.7 in Uithuizen.

The Institute for Mining Damage in Groningen (IMG) said it had received 136 reports of damage over the weekend, including three saying there was an acute risk to safety. Inspections at two of the three sites established that there was no immediate danger,  while a third is ongoing. read more

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

Dutch state earned €363.7 billion through Groningen gas extraction

Sep 8th, 2022
by John Donovan.
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Dutch state earned €363.7 billion through Groningen gas extraction

NL TIMES

TUESDAY, 6 SEPTEMBER 2022 – 08:44

After almost 60 years of gas extraction in Groningen, the involved parties finally announced how much money they made from it. Adjusted for inflation, the Groningen gas field yielded a total profit of 428 billion euros, of which the Dutch state received 363.7 billion euros, Het Financieele Dagblad reports based on calculations from shareholder Shell.

After almost 60 years of gas extraction in Groningen, the involved parties finally announced how much money they made from it. Adjusted for inflation, the Groningen gas field yielded a total profit of 428 billion euros, of which the Dutch state received 363.7 billion euros, Het Financieele Dagblad reports based on calculations from shareholder Shell.

The remaining 64.7 billion euros in profit went to the Nederlandse Aardolie Maatschappij (NAM), the operator of the Groningen gas field. NAM paid the amount out as dividends to its shareholders – Shell and ExxonMobil. read more

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

Shell’s £80m boss Ben van Beurden preparing to join stream of FTSE100 bosses heading for the door

Sep 3rd, 2022
by John Donovan.
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This is MONEY

Shell’s £80m boss Ben van Beurden preparing to join stream of FTSE100 bosses heading for the door

By LUCY WHITE FOR THE DAILY MAIL: PUBLISHED: | UPDATED: 

The £80million boss of Shell is preparing to join the stream of FTSE100 bosses heading for the door. 

Ben van Beurden – who, it emerged in March, bagged £4.6million in bonuses on top of his £1.4million salary last year, taking his total pay and bonuses to almost £80million during his nine years at the helm – could step down as soon as 2023 as the oil giant begins its search for a replacement. 

His departure will mark the end of an era for Shell, as it tries to toe the tricky line of boosting Britain’s energy security with embracing sustainable technologies. While Van Beurden’s legacy includes a commitment to reduce oil production, he has been criticised for failing to take more drastic action. read more

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Britain’s 10 highest paid fat cats pocketed more than £100m last year

Aug 29th, 2022
by John Donovan.
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Mirror.co.uk

EXCLUSIVE: Meet Britain’s 10 highest paid fat cats who pocketed more than £100m last year

That means they are now getting 109 times more in their wage slips than the typical British worker – up from 79 times in the previous year

By Nigel Nelson Political Editor, 27 Aug 2022

Britain’s ten highest paid fat cats pocketed more than £100million between them last year, a 39% increase on 2020.
And that means they are now getting 109 times more in their wage slips than the typical British worker – up from 79 times in the previous year. read more

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

Fears of new quakes in Dutch gas field as energy crisis bites

Aug 22nd, 2022
by John Donovan.
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The Guardian

Fears of new quakes in Dutch gas field as energy crisis bites

Arthur Neslen: Mon 22 Aug 2022 10.00 BST

The province of Groningen is home to a vast gas field and the subject of a parliamentary inquiry into the links between gas extraction and the hundreds of earthquakes and tremors that have traumatised residents.

Groningen’s inhabitants have been affected by the giant gas field for the last few decades. About 80% of houses in villages such as Overschild are being demolished and rebuilt because of earthquake damage. More than 150,000 Groningen residents have suffered earthquake damage to their properties in the last decade, and 10,000 now face stress-related health problems. read more

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

Shell Slashes Refinery Output In EU As Drought Disrupts Transportation

Aug 21st, 2022
by John Donovan.
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OILPRICE.COM

Shell Slashes Refinery Output In EU As Drought Disrupts Transportation

By Julianne Geiger – Aug 19, 2022, 9:00 AM CDT

Shell slashed its refinery output at its Shell Energy and Chemicals Park Rheinland fuel-making facility as low Rhine River levels halted the flow of goods, Shell said on Thursday.

“Due to the low Rhine water level we have reduced the capacity of Shell Energy and Chemicals Park Rhineland. The situation regarding supply is challenging but carefully managed,” Shell said in an emailed statement to Reuters. read more

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Netherlands ruling links climate change, human rights — and corporations

Jul 21st, 2022
by John Donovan.
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THE TIMES

Netherlands ruling links climate change, human rights — and corporations

There is debate over whether the arguments apply in this country, but the UK Supreme Court has recently been indulgent of novel negligence claims

Claude Brown: The Times

A judge in The Netherlands ruled last year that Royal Dutch Shell owed Dutch residents a duty of care to reduce its carbon emissions — and the international energy company was ordered to reduce CO2 emissions by 45 per cent, relative to 2019 levels, by the end of 2030. read more

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Company Secretary Change at Shell plc

Jun 30th, 2022
by John Donovan.
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Company Secretary Change at Shell plc

 | Source: Shell plc

SHELL PLC

COMPANY SECRETARY CHANGE

Shell plc announces the appointment of Caroline Omloo as Company Secretary with effect from August 1, 2022. Ms Omloo succeeds Linda Coulter who stands down from her role at the end of July 2022 and retires from Shell in February 2023 after 28 years of service with the Shell Group.

NOTE

Caroline Omloo is a Dutch national. Before joining Shell in 1999, she worked in private practice with law firm Nauta Dutilh.  She has held various positions in Shell, including Secretary to the Audit Committee, Associate General Counsel Corporate Finance NL, Chief Privacy Officer and Head of Legal and management team member of the Downstream Operating Company in the Netherlands.  She has also been a member of the board of Stichting Shell Pensioenfonds, one of Shell’s Dutch pension funds. Caroline took up her previous role as Head of Legal and Compliance of Shell Asset Management Company in 2017 and was a board member of this company from 2018 to 2022.   From 2009- 2019, Caroline sat on the board of Stichting Beroepsopleiding Bedrijfsjuristen, the foundation providing education for in-house lawyers in the Netherlands.  She also served as a board member of Missie Verkeersmiddelen Actie, a Dutch charitable organization, from 2007 to 2017. read more

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Ads by Shell and Land Rover banned over deceptive planet-saving claims

Jun 30th, 2022
by John Donovan.
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euronews.com

Ads by Shell and Land Rover banned over deceptive planet-saving claims

By Rebecca Ann Hughes

Two advertising campaigns that falsely suggested car drivers could lessen their impact on the environment have been removed after complaints.

The adverts from multinational energy company Shell and vehicle manufacturer Land Rover were found to be misleading by watchdogs.

Advertising standards authorities in the Netherlands and Ireland concluded that the companies were unable to back up their claims. read more

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

Shell refuses to set up Gazprom account as it continues Russian withdrawal

May 31st, 2022
by John Donovan.
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CITYA.M.

Shell refuses to set up Gazprom account as it continues Russian withdrawal

:

Energy giant Shell has confirmed it will not set up a rouble account, under new terms demanded by Kremlin-backed giant Gazprom.

This means it will no longer be contracting Russian gas to fulfil its contracts to European households, including its customers in Germany.

A Shell spokesperson told City A.M.: “Shell has not agreed to new payment terms set out by Gazprom, including the creation of K accounts. We will work to continue supplying our customers in Europe through our diverse portfolio of gas supply. Shell continues to work on a phased withdrawal from Russian hydrocarbons, in compliance with applicable laws and regulations.” read more

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

Climate protesters block start of Shell shareholder meeting

May 24th, 2022
by John Donovan.
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Reuters

Climate protesters block start of Shell shareholder meeting

By Shadia Nasralla and Ron Bousso:

LONDON, May 24 (Reuters) – A couple of dozen climate protesters disrupted Shell’s (SHEL.L) annual general meeting (AGM) on Tuesday, chanting slogans and holding banners as Shell Chair Andrew Mckenzie tried to start the meeting.

Shell is due to ask its shareholders to vote on a resolution supporting its climate strategy and rebuff a climate resolution from activists, another iteration of which garnered 30% of votes at last year’s AGM. read more

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Shell Climate Case to Return to Focus at Annual Shareholder Meeting

May 23rd, 2022
by John Donovan.
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Bloomberg

Shell Climate Case to Return to Focus at Annual Shareholder Meeting

Laura Hurst, Bloomberg News

(Bloomberg) — Climate issues are set to take center stage at Shell Plc’s annual general meeting on Tuesday, with a key group saying the energy giant isn’t abiding by a landmark court order requiring it to cut emissions by 45% by 2030.  

Milieudefensie, the Dutch arm of Friends of the Earth, says Shell’s plans around customer-related emissions — which make up the bulk of its pollution — aren’t in line with last year’s judgment. The group originally brought the case against the company.

“The judge’s verdict is clear and necessary: Shell must stop causing dangerous climate change,” said campaign spokesperson Nine de Pater, who plans to attend the meeting in London as a proxy shareholder.  read more

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

Shell boss Ben van Beurden slammed for reaping more than £18m ahead of possible shareholder rebellion

May 22nd, 2022
by John Donovan.
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Shell boss Ben van Beurden slammed for reaping more than £18m ahead of possible shareholder rebellion

By FRANCESCA WASHTELL, FINANCIAL MAIL ON SUNDAY

PUBLISHED: | UPDATED: 

Shell boss Ben van Beurden has been slammed for reaping more than £18million ahead of a possible shareholder rebellion this week. 

Calculations by The Mail on Sunday show that the Dutch businessman – who has led Shell since 2014 – has seen the valuations of his shares and other payments soar.  read more

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SHELL URGED TO DROP APPEAL AGAINST ORDER TO SLASH EMISSIONS

May 20th, 2022
by John Donovan.
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FT

Odey urges Shell to drop appeal against order to slash emissions

Tom Wilson in London

Odey Asset Management has called on Shell to drop its appeal against a landmark Dutch court ruling targeting its climate strategy and instead to fund an independent body to audit the emissions of every oil and gas company. Fund manager Henry Steel, who wrote the letter, told the Financial Times that Shell was “sending the wrong signals” by appealing against last year’s Dutch ruling ordering the oil major to cut its emissions by 45 per cent by 2030. read more

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