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Goodbye Royal Dutch Shell Plc

Shell’s London Exodus Threatens UK’s Stock Market Status Quo

Posted by John Donovan: 8 April 2024

In a move that screams “Sayonara, London,” Shell is eyeing an escape to New York, leaving the UK stock market reeling and investors scratching their heads.

Wael Sawan, Shell’s big cheese, dropped the bombshell, hinting at the company’s dissatisfaction with its London listing. “I have a location that clearly seems to be undervalued,” he lamented, painting a picture of a company unappreciated and unloved.

But why the sudden urge to swap tea for coffee? Well, it seems Shell is tired of playing second fiddle to its American counterparts. With Exxon Mobil and Chevron strutting their stuff on Wall Street, Shell feels like the neglected stepchild stuck in dreary old London. 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 Dodging Responsibility One Oil Spill at a Time

In the Niger Delta, where Shell’s oil operations have been as welcome as a mosquito at a BBQ…

Posted by John Donovan: 19 Jan 24

In the latest episode of ‘Shell’s Adventures in Nigeria,’ the British multinational energy giant, known for its gentle caress of the environment (cue eye roll), has announced plans to sell off its onshore Nigerian subsidiary, Shell Petroleum Development Company (SPDC). The price tag? A cool $2.4 billion (€2.2 billion). The buyers? Renaissance, a band of Nigerian explorers and an international energy group. But wait, there’s a catch – it’s still waiting for the Nigerian government’s thumbs up. 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 ‘Nigerian Goodbye’: A Legacy of Spills, Lawsuits, and a $2.4 Billion ‘See Ya!’

Posted by John Donovan 16 Jan 24

In a move that’s less ‘farewell’ and more ‘good riddance’, Shell is kissing goodbye to its Nigerian onshore oil and gas operations. After almost a century, Shell is packing up its toys – a sprawling network of wells, pipelines, and the occasional oil spill – and handing them over to a consortium for a cool $2.4 billion. Because when you’ve pioneered an industry with a track record of spills and lawsuits, why not cash in one last time? 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.

Whispers of a BP-Shell super merger

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. 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 to Demolish Iconic Aberdeen HQ, Erasing Its Legacy and Dumping the Past

In a shocking move, Shell plans to demolish its landmark former headquarters in Aberdeen, showing its disregard for the city’s history and heritage.

Posted by JOHN DONOVAN July 19, 2023

Shell has announced its plans to demolish its historic former headquarters in Aberdeen, demonstrating its complete disregard for the city’s heritage and architectural significance. The Tullos building, which has been the symbol of Shell’s presence in Aberdeen since 1973, is set to be destroyed, leaving behind a trail of destruction and erasing the company’s footprint from the city.

According to documents submitted to Aberdeen City Council, Shell believes that the building’s age and condition render it unsuitable for future use. In other words, the company sees no value in preserving a piece of history and instead opts for demolition, showing its lack of respect for the past and its focus solely on the bottom line. 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 Potential Move to New York: A Brilliant Strategy to Boost Profits and Evade Environmental Scrutiny

By relocating to the US, Shell can conveniently avoid those green activists who dare to question their saintly practices.

Posted by John Donovan 12 June 2023

Shell, the beloved and environmentally conscious oil giant, is considering a radical move that has brokers buzzing with excitement. Can you imagine the audacity of Shell leaving the majestic streets of London? Unthinkable, right? But hey, they already surprised us once when they left The Hague for the UK back in 2021. So, who knows what their next unpredictable move will be?

Forget about green policies, shareholder satisfaction, or investing in new oilfields. According to some brilliant minds, the new CEO Wael Sawan must tackle a far more critical issue at Wednesday’s capital markets day: location. Yes, you heard that right. The location of Shell’s headquarters seems to be the pinnacle of concern for these innovative brokers. 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 activists across world raise funds for the court case against Shell

Climate activists across world raise funds for the court case against Shell

Friends of the Earth Netherlands: 20/01/2023 | 16:25 PM

In 2021, thousands of Dutch citizens took one of the largest carbon emitters in the world to court and won. Together with Friends of the Earth Netherlands (Milieudefensie) they won a historic court case against Royal Dutch Shell, the parent company of Shell Group, forcing the company to take climate action.

The judge ruled that Shell’s current climate policy would contribute to a level of climate change that would be so dangerous that it would impose a threat to human rights. 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 book Sir Henri Deterding and the Nazi History of Royal Dutch Shell removed from sale in Germany

The book Sir Henri Deterding and the Nazi History of Royal Dutch Shell removed from sale in Germany

Amazon will no longer be offering the book “Sir Henri Deterding and the Nazi History of Royal Dutch Shell” for sale in German.

The book authored by John Donovan was first published by Amazon in 2016.

Its cover image is said to contain content that is in violation of Amazon content guidelines for Germany and may infringe German law.

The book remains on sale via other Amazon websites around the world including the UK 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.

Total chaos at Shell’s AGM as 70+ activists bring meeting to complete standstill, chairman McKenzie unable to restore order

CITYA.M.

Total chaos at Shell’s AGM as 70+ activists bring meeting to complete standstill, chairman McKenzie unable to restore order

Reports are coming in that about 70 people have taken over Shell’s AGM and brough the meeting to a complete standstill.

Shell Chairman Sir Andrew McKenzie was forced to halt the meeting, taking place in London this morning. He is currently sitting behind his desk on stage with no action taken.

Numerous activists are accusing Shell’s board and shareholders of “ignoring the United Nations” and “ignoring ordinary people”.

McKenzie is trying to restore order, without success so far. 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 Climate Case to Return to Focus at Annual Shareholder Meeting

Bloomberg

Shell Climate Case to Return to Focus at Annual Shareholder Meeting

Laura HurstBloomberg 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 URGED TO DROP APPEAL AGAINST ORDER TO SLASH EMISSIONS

FT

Odey urges Shell to drop appeal against order to slash emissions

 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.

Clifford Chance to handle Shell’s appeal against sensational defeat in the Milieudefensie case

Clifford Chance to handle Shell’s appeal against sensational defeat in the Milieudefensie case

The following are translated extracts from an article published on 19 May 2022 by the Dutch financial newspaper, the fd.

By Martijn Pols and Joris Polman.

Oil company Shell has set aside house lawyer De Brauw Blackstone Westbroek after the sensational defeat against Milieudefensie. Exactly one year ago, the judge forced Shell to tighten up its climate policy.

Shell appealed but had no confidence in a good outcome with De Brauw by its side. Lawyers for British Clifford Chance can now make another attempt. 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.

Activist investor prepares to take on Shell over climate targets

CITYA.M. 

Activist investor prepares to take on Shell over climate targets

: THURSDAY 12 MAY 2022

Shell is preparing for a shareholder showdown at its upcoming general meeting later this month, with activist group Follow This pushing the energy giant to commit to more stringent environmental targets.

It has warned shareholders that Shell’s current transition plans are not aligned with the Paris Agreement, and has filed a motion – resolution 21 – calling for the oil and gas major to publish targets that cover short, medium and long term emissions in both its operations and the use of its energy products. 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.

Wall Street activist Dan Loeb says Shell risks becoming ‘tarnished’ unless it heeds his break-up call

Evening Standard

Wall Street activist Dan Loeb says Shell risks becoming ‘tarnished’ unless it heeds his break-up call

Loeb’s Third Point Investors has been pushing for a break-up of Shell, calling its current business ‘confusing and unmanageable’

By Oscar Williams-Grut City Editor @OscarWGrut: 9 May 2022

The Wall Street activist pushing for a break-up of Shell has raised his stake in the business and said the oil giant risks becoming a “tarnished legacy brand” without reform. 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.

Loeb’s Third Point Adds to Shell Position: The London Rush

Bloomberg

Loeb’s Third Point Adds to Shell Position: The London Rush

Bloomberg News: Charles Capel and Leonard Kehnscherper: May 09, 2022(Bloomberg)

EXTRACT

Third Point Investors Ltd: Dan Loeb’s flagship Offshore Fund returned -11.5% in the first quarter of 2022, dragged down by companies including  Rivian Automotive, Inc and Cie Financiere Richemont SA.  

The investment company said its stake in Shell Plc helped mitigate some of its losses, and it has found interesting new investments in oil and natural gas companies, as well as other companies that might benefit from inflation, supply shortages, and the energy transition 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.

Dan Loeb adds to Shell stake despite doubling down on break-up calls

CITYA.M.

Dan Loeb adds to Shell stake despite doubling down on break-up calls

: SUNDAY 08 MAY 2022 12:29 PM

Activist investor Daniel Loeb has revealed he has added to his stake in energy giant Shell despite doubling down on calls for a shake-up to the energy major’s corporate structure.

Loeb, who revealed in October that his hedge fund Third Point had taken $750m stake in Shell, told his investors last week that he had upped his stake in the firm and had held discussions with the firm’s bosses. 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.