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George Monbiot: Shell is not a green saviour. It’s a planetary death machine

George Monbiot: Wed 26 Jun 2019

Don’t buy the greenwash. Shell’s initiatives, which have won over many conservation groups, are dwarfed by its investment in oil and gas

It is hard to believe it needs stating, but it does. The oil industry is not your friend. Whatever it might say about its ethical credentials, while it continues to invest in fossil fuels, it accelerates climate breakdown and the death of the habitable planet. You would think this point was obvious to everyone. But over the past few weeks, I have spoken to dozens of environmentalists who appear to believe that Shell is on their side. read more

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REUTERS: Shell aims to beat power utilities at their own game

By Ron Bousso and Susanna Twidale: Reuters June 19, 2019

LONDON (Reuters) – Royal Dutch Shell wants to build a power business more profitable than the competitive sector’s existing players, banking on its global scale and oil and gas income to maximise on the transition to cleaner energy.

Demand for electricity is set to soar as Asian economies grow and electric vehicles replace petrol cars. Shell is under pressure to shed the Oil Majors’ century-old business model and position itself for a future with lower use of fossil fuels. read more

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The Times: Shell ‘overcharged’ thousands of its gas and electricity customers

Miles Costello: June 14 2019

An energy provider set up to challenge the dominance of the Big Six and now owned by Shell has agreed to compensate thousands of customers after breaching the government’s price cap.

Ofgem has ordered the former First Utility — known since last year as Shell Energy Retail, after it was taken over by the oil and gas group — to repay 8,800 individual customers who were overcharged after the cap came into force in January.

It must also pay tens of thousands in compensation and contribute £200,000 to the regulator’s fund to help vulnerable gas and electricity customers. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Reuters: Shell Energy Retail apologises after being pulled up for overcharging

(Reuters) – Shell Energy Retail’s top boss apologised to customers after Britain’s energy regulator ordered the utility to compensate around 12,000 customers it overcharged on default tariffs after a price cap was introduced this year.

Shell Energy Retail Ltd, previously known as First Utility, will pay 200,000 pounds ($253,520) in addition to the refund to its consumer redress fund, bringing the total payment to 390,000 pounds.

This is the first such action against a company for overcharging since the price cap on default energy bills came into force on Jan. 1. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Energy to pay £390,000 for overcharging thousands of customers

The utility company overcharged 12,000 customers on its default tariffs after the energy price cap was introduced on 1 January

Shell Energy Retail has been forced to pay £390,000 compensation and refunds after overcharging customers.

Energy watchdog Ofgem made the ruling after the supplier overcharged some 12,000 customers on its default tariffs when the energy price cap was introduced in January.

Ofgem’s price cap monitoring found that in the three months to March 2019, around 12,000 electricity and gas customer accounts were charged a total of £100,736.63 above the price cap. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Forbes: How Royal Dutch Shell Is Setting A Bad Example Amid The Peak Oil Demand Hysteria

Royal Dutch Shell chief executive Ben van Beurden speaks at a full year results conference in London on January 31, 2019. – Royal Dutch Shell today said that net profit surged 80 percent to $23.4 billion in 2018, thanks to higher oil prices and cost: AFP/GETTY IMAGES
Senior Contributor: In 2004, a mania grew in the financial and energy circles around the idea of peak oil. The notion that the world was running out of oil became a commonly held belief, which, in turn, helped push oil prices well above $100 per barrel.

Fifteen years later, peak oil is still talked about by some, but most industry insiders pay it no heed. Instead, over the last few years, the increasingly popular concept has been peak demand. Peak demand is the idea that the demand for oil will reach an apex and then start to decrease, especially as government regulations require more use of alternative energies and as battery-powered machines, like electric vehicles, will presumably become more popular.

Peak demand may or may come to pass—that is not the concern here. What we do know is that if the peak demand idea continues to gain popularity it will lead to a shortage of oil in the coming years and decades. The idea of peak demand threatens the global oil supply because it incentivizes and even excuses oil companies to stop exploring for and producing (E&P) more oil. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

INDEPENDENT: Shell promises investors a gusher of money but what about climate change?

The market greeted the oil major’s latest update with a sceptical shrug 

Shell CEO Ben van Beurden’s attempt to power up the company’s share price with a much-ballyhooed strategic update didn’t do much to energise the markets.

The oil giant held out the prospect of a gusher of money for investors between 2021 and 2025, promising to return $125bn (£99bn) in dividends and share buybacks, more than double the number of a decade earlier. It also increased its capital investment estimate a bit, to an average of $30bn in the five years to 2025.

A neat looking trick the company says it can pull off with oil at $60 a barrel, with cash expected to flow freely from new projects. But the shares still fell in response. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Royal Dutch Shell News 25 March 2019: Power Play

FULL ARICLE

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royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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