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Brexit success: Shell headquarter move shows Remoaner predictions are ‘other way around’

by John Donovan.

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Express.co.uk

Brexit success: Shell headquarter move shows Remoaner predictions are ‘other way around’

OIL giant Shell is relocating its headquarters from the Netherlands to the UK, a move some are labelling as proof that Brexit is not synonymous with losing foreign business.

By TERESA GOTTEIN MARTINEZ

Sat, Nov 20, 2021

Shell has this week announced it was ready to sacrifice the designation “Royal” — from Royal Dutch Shell — to shift its tax residency from the EU to the UK. It already chose the country as its corporate base and primary stock market listing in 2005 but now, “despite Brexit“, the British-Dutch multinational will call London its only home. 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 is ‘doing its own Brexit,’ with a massive EU snub in favor of the UK move.

by John Donovan.

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Brinkwire

Shell is ‘doing its own Brexit,’ with a massive EU snub in favor of the UK move.

BY HELENA SUTAN ON NOVEMBER 20, 2021

Shell is ‘doing its own Brexit,’ with a massive EU snub in favor of the UK move.

THE European Union has been shattered after it was revealed that oil giant Shell is “doing its own Brexit” by moving its headquarters from the Netherlands to the United Kingdom, with one political expert dubbing the news a “political bomb.”

Royal Dutch Shell is getting rid of its dual share structure and relocating its headquarters from the Netherlands to the United Kingdom, which is a huge win for the Brexit campaign. 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 move to a new headquarters in London demonstrates that Remoaner predictions are ‘wrong’.

by John Donovan.

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Brinkwire

Shell’s move to a new headquarters in London demonstrates that Remoaner predictions are ‘wrong’.

BY HELENA SUTAN ON NOVEMBER 20, 2021

Shell’s move to a new headquarters demonstrates that Remoaner predictions are ‘wrong’.

Shell, the world’s largest oil company, is relocating its headquarters from the Netherlands to the United Kingdom, a move that some see as proof that Brexit does not imply a loss of international business.

Shell announced this week that it was willing to forego the designation “Royal” — from Royal Dutch Shell — in order to move its tax residency from the EU to the UK. The British-Dutch multinational had already chosen the country as its corporate base and primary stock market listing in 2005, but now it will call London its only home “despite Brexit.” 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.

‘Political bomb!’ Shell ‘doing own Brexit’ with huge EU snub in favour of UK move

by John Donovan.

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Express.co.uk

‘Political bomb!’ Shell ‘doing own Brexit’ with huge EU snub in favour of UK move

THE European Union has been destroyed after being told oil giant Shell is “doing its own Brexit” by relocating its HQ from the Netherlands to the UK, with one political expert branding the news a “political bomb”.

By PAUL WITHERS

07:00, Sat, Nov 20, 2021 | UPDATED: 08:49, Sat, Nov 20, 2021

In a huge win for Brexit Britain, Royal Dutch Shell is scrapping its dual share structure and moving its head office to Britain from the Netherlands. The company is dropping “Royal Dutch” from its name – part of its identity since 1907 – to become Shell Plc. The firm has been at the centre of a bitter row with Dutch authorities over the country’s 15 percent dividend withholding tax on some of its shares, which makes them less attractive for investors. 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 Jumps Out Of Fire And Lands In The Frying Pan

by John Donovan.

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Seeking Alpha

Shell Jumps Out Of Fire And Lands In The Frying Pan

Zoltan Ban: Nov. 19, 2021

Shell’s move to exit the Dutch tax and legal jurisdiction is officially presented as an issue of dividend taxation that Shell and others hoped for years to see it repealed.
Though it is not much discussed by Shell or the media, the harsh environmental ruling by a Dutch court that forces Shell to cut emissions may have played a role.
Even though Shell is not currently faced with similar legal pressures in the UK, it may nevertheless feel other pressures to cut emissions by a similar margin.
Shell’s upstream segment is the most likely part of the business that will be sacrificed to environmental pressures.
Shell will most likely try to adapt its LNG and petrochemicals sector to lower emissions, that will make it less profitable. Higher natural gas prices will add to profitability concerns.

Investment thesis: Shell (RDS.A), (RDS.B) is leaving the Dutch legal jurisdiction, officially due to some dividend tax issues and it will make the UK its sole home base. Unofficially, it may be in large part a way to escape a court-imposed emissions reduction demand on its business activities. While the move to escape a legally binding cut of 45% compared with 2020 levels by 2030 is potentially avoided through this move, the internal, as well as external pressures for it to cut emissions, hydrocarbons production, and so on, will not cease. 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 wins backing for its planned UK switch

by John Donovan.

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The Times

Shell wins backing for its planned UK switch

Emily Gosden, Energy Editor: Friday November 19 2021, The Times

Plans by Royal Dutch Shell to unify its dual-share structure and move its headquarters and tax base from the Netherlands to Britain have won the backing of an influential shareholder advisory group.

Glass Lewis recommended that investors back the proposed changes to Shell’s articles of association in a vote on December 10 that also would lead to the oil company losing “Royal Dutch” from its name.

The plans have the backing, too, of CalSTRS, the California State Teachers’ Retirement System, America’s second largest public pension fund with more than $320 billion under management. It took a leading role in forcing board changes at ExxonMobil, the American oil major, this year. 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.

Allegations and Litigation Relating to Spymasters in Shell’s Corporate Security Department

by John Donovan.

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Allegations and Litigation Relating to Spymasters in Shell’s Corporate Security Department

By John Donovan

See below a self-explanatory email I sent yesterday to named senior executives at Shell.

It mentions the current momentous events at Royal Dutch Shell, although that is not the subject of the email. In that connection, I have not spotted any reference in current news coverage to the Dutch police raid at Shell’s current HQ in The Hague.

That astonishing development may have fuelled a growing feeling that the Dutch government has turned anti-Shell by allowing Nigerian and climate change litigation against Shell to proceed in the Dutch courts and tightening up Dutch tax regulations affecting Shell. 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.

‘Desperate’ Dutch PM blasted as he scrambles to stop Shell’s move to UK

by John Donovan.

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‘Desperate’ Dutch PM blasted as he scrambles to stop Shell’s move to UK

DUTCH Prime Minister Mark Rutte suffered a brutal attack after his government attempted to convince Royal Dutch Shell not to leave the Netherlands for the UK.

By ALESSANDRA SCOTTO DI SANTOLO Wed, Nov 17, 2021 Royal Dutch Shell said on Monday it would scrap its dual share structure and move its head office to Brexit Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas. The company, which long faced questions from investors about its dual structure and had recently been hit by a Dutch court order over its climate targets, aims to drop “Royal Dutch” from its name – part of its identity since 1907 – to become Shell Plc.

The firm has been in a long-running tussle with the Dutch authorities over the country’s 15 percent dividend withholding tax on some of its shares, making them less attractive for international investors.

Shell introduced the two-class share structure in 2005 after a previous corporate overhaul. 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.

Nigel Farage heralds ‘victory for Brexit Britain’ after hearing ‘good news’ for business

by John Donovan.

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EXPRESS

Nigel Farage heralds ‘victory for Brexit Britain’ after hearing ‘good news’ for business

GB NEWS presenter Nigel Farage was ecstatic to hear the latest news surrounding Royal Dutch Shell’s reshuffle and welcomed it as a big victory for Brexit Britain.

By KYLE FARRELL: 18:20, Wed, Nov 17, 2021

Oil company Royal Dutch Shell will ask its shareholders whether it should move its tax residence and headquarters from the Netherlands to the UK in an attempt to simplify the company’s structure. The company would also drop the “Royal Dutch” from its name under the reshuffle as it clashes with the Netherlands Government over emission and dividend targets. Nigel Farage appeared on his late-night GB news programme and heralded it as a big victory for Brexit Britain as the former MEP said it shot down criticisms the UK would lose all of its businesses because of the referendum. 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.

Dutch MPs revive plan for exit tax to deter Shell move

by John Donovan.

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THE TIMES

Dutch MPs revive plan for exit tax to deter Shell move

Bruno Waterfield, Jonathan Ames, Emily Gosden: Wednesday November 17 2021, 12.01am, The Times

A plan by the Dutch government to try to persuade Royal Dutch Shell to retain its Netherlands headquarters by scrapping a dividend tax has been abandoned after failing to garner enough support.

Opposition Dutch MPs are, however, seeking to revive alternative plans to impose an “exit tax” that could run to billions of pounds in an attempt to deter Shell from leaving by punitive means.

The Anglo-Dutch oil group provoked a furious backlash in the Netherlands on Monday when it announced it would move its tax residence and headquarters to the UK, where it is incorporated, in a plan to end its dual share structure. 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.

Dutch Divorce: How Shell Split With Netherlands After 114 Years

by John Donovan.

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Bloomberg

Dutch Divorce: How Shell Split With Netherlands After 114 Years

Laura Hurst, Diederik Baazil and Fred Pals: Wed, November 17, 2021, 8:10 AM

(Bloomberg) — A twenty-minute stroll through The Hague — the pretty but low-key city that houses The Netherlands’ government — takes you from the prime minister’s office to the workplace of someone who’s arguably even more powerful: the CEO of Royal Dutch Shell Plc.

But when Ben van Beurden, who’s worked at Shell since he graduated from nearby Delft University in 1983, called Mark Rutte on Sunday afternoon, the conversation was anything but close. He rang to tell the PM that Europe’s biggest oil company was moving its headquarters to London, a step that would simplify its corporate structure and cut taxes for investors. 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.

Dutch government’s attempt to keep Shell fails

by John Donovan.

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EUobserver

Dutch government’s attempt to keep Shell fails

By WESTER VAN GAAL: BRUSSELS, 17 Nov 2021

A last-ditch attempt to keep the oil and gas giant Shell in the Netherlands has failed.

Shell had pressured the Dutch government to drop its dividend tax for “16 years” chief executive Ben van Beurden told newspaper Het Financieele Dagblad.

Hoping to persuade the oil major from leaving after more than a century, outgoing economic affairs minister Stef Blok and finance minister Hans Vijlbrief tried to barter a deal with representatives from other parties in a last-ditch effort to hastily scrap the dividend tax, before Shell’s planned 10 December general shareholder meeting. 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 faces threat of Dutch ‘exit tax’ as relocation plan causes outcry

by John Donovan.

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FINANCIAL TIMES

Shell faces threat of Dutch ‘exit tax’ as relocation plan causes outcry

Mehreen Khan in Brussels, Tom Wilson and Emma Agyemang in London

Shell has been threatened with an exit penalty by Dutch opposition parties after the energy company’s decision to end its dual share structure and move its tax base to the UK triggered a political backlash in the Netherlands.

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 decision to leave the Netherlands is about keeping investors on its side in difficult times

by John Donovan.

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FORTUNE

Shell’s decision to leave the Netherlands is about keeping investors on its side in difficult times

BY KATHERINE DUNN: November 16, 2021 4:58 PM GMT

The Dutch government is scrambling to find a way to make Royal Dutch Shell remain royal and Dutch after the oil and gas giant announced Monday that it had decided to up sticks from its home in the Hague and move its headquarters to London.

The Dutch government’s eagerness to retain the giant firm is not surprising—and exactly how Dutch Prime Minister Mark Rutte and his cabinet are trying to do so says a lot about which of Shell’s stated reasons for moving is the most important one. 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.

Oil major switches sides: Shell’s UK move is a big plus for the City post-Brexit, says ALEX BRUMMER

by John Donovan.

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This is MONEY

Oil major switches sides: Shell’s UK move is a big plus for the City post-Brexit, says ALEX BRUMMER

By ALEX BRUMMER FOR THE DAILY MAIL

PUBLISHED: 22:21, 15 November 2021 | UPDATED: 22:21, 15 November 2021

Shell’s decision to sacrifice its ‘Royal Dutch’ designation and unify its domicile in London is epoch-making.

It is a big plus for the City post-Brexit, even if there are green campaigners who will find the increased presence of an oil major in the UK a cause for disquiet. 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 turns its back on Royal Dutch heritage after climate ruling and dividend tax

by John Donovan.

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The Telegraph

Shell turns its back on Royal Dutch heritage after climate ruling and dividend tax

Shell’s jumping ship to the UK bids farewell to over 130 years of association with the Dutch monarchy

By Matt Oliver 15 November 2021 • 6:09pm

For more than 130 years, Royal Dutch Shell has boasted of its historic links with the royal family of the Netherlands.

The energy behemoth can trace its heritage back to a charter granted by King William III for oil exploration in Indonesia in 1890, making it one of the world’s oldest energy companies and a trailblazer of modern capitalism. 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.