News and information on Royal Dutch Shell Plc
The largest energy companies are reducing exploration budgets and facing more pressure from shareholders to conduct more exploratory drilling around the world, even amid growing reserves of oil and gas, according to energy research firm Wood Mackenzie.
The largest oil and gas companies for years have lived beyond their means and paid more money to investors than they can reasonably afford, according to a new report.
The study from the Cleveland-based Institute for Energy Economics and Financial Analysis found that the five largest Big Oil majors — Exxon Mobil, Chevron, Royal Dutch Shell, BP and Total — spent $536 billion on shareholder dividends and stock buybacks since 2010 while bringing in just $329 billion in free cash flow.
The world’s rapidly mounting plastic waste and the public reaction to its impact on marine and wildlife is challenging the booming petrochemical industry, but the world’s biggest energy companies are increasingly stepping up with new projects to take on these challenges.
Royal Dutch Shell, BP and Houston’s LyondellBasell have all announced new projects or pilot plants in recent weeks to address recycling plastics that are the hardest to transform back into reusable materials. The latest came from Shell, which has begun making petrochemicals from plastic waste in a process known as chemical recycling.
Nov. 4, 2019
Just 20 energy companies account for one-third of greenhouse emissions since 1965, according to a new study.
The Climate Accountability Institute’s Richard Heede tallied up all the fossil fuels extracted by every company through 2017 and calculated the emissions. The data is public, the math is straightforward and the emissions are indisputable.
The top 10 companies, in order, are, predictably, Saudi Aramco, Chevron, Gazprom, Exxon Mobil, National Iranian Oil Co., BP, Royal Dutch Shell, Coal India and PEMEX. More details are available online at http://climateaccountability.org/carbonmajors.html.
Greenpeace image relating to Shell/Russia Arctic Drilling Plans
WASHINGTON – Legislation sanctioning construction companies that help complete a controversial Russian pipeline delivering natural gas to Europe cleared a critical legislative hurdle Wednesday.
The Senate Foreign Relations Committee approved the bill, sponsored by Sen. Ted Cruz, R-Texas, and Sen. Jeanne Shaheen, D-N.H., who described the legislation as critical to limiting Russian influence in Europe at a time Moscow is working to interfere in elections there and in the United States.
Why energy companies are still investing gasoline in the age of the electric vehicle
Why energy companies are still investing gasoline in the age of the electric vehicle
Tucked away off a Houston highway and behind a tightly-secured check point, Royal Dutch Shell’s tree-lined campus is packed with hundreds of researchers working on the next technological breakthroughs that could transform how the Anglo-Dutch oil major powers the world economy through the energy transition.
As Shell’s largest research and development center, the 200-acre Houston campus has 1,500 employees and hundreds of contractors. They’re working on everything from formulating new biodiesel to advancing liquefied natural gas into transportation fuels. Their research also extends into something more tangible in the near term: how to improve gasoline.
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Shell Offshore to pay $2.2 million fine for 2016 Gulf spill
By Mark Schleifstein, NOLA.com | The Times-Picayune*****************************************************
ROYAL Dutch Shell boss Ben van Beurden has underlined the fact the company wants to grow in the UK North Sea even as he expressed concern about the prospect of a no-deal Brexit. Speaking after Shell posted a 36 per cent increase in annual profits to a four year high of $21.4 billion (£16.3bn), from $15.8bn, Mr van Beurden said the oil giant believed a no deal Brexit would be “a very bad outcome” but had prepared for the possibility. FULL ARTICLE************************************************
By CYRIL DIXONExecutives at the British-Dutch company were jubilant after reporting a £4.3billion surplus for the final quarter of last year. But critics pointed out that the “strong financial performance” came at the expense of millions of drivers. Campaigners are demanding a new watchdog for pump prices after they rose more than 11 percent year-on-year. FULL ARTICLE
Ben van Beurden Photographer: Aaron M. Sprecher/Bloomberg
The boss of oil giant Shell has admitted he is “still unhappy” with the firm’s safety performance, despite pledging a redoubling of efforts in 2018.
The Gulf Coast has become home of one the largest producers of a common plastic: Shell fired up its fourth alpha olefins unit at its chemical plant in Geismar, Louisiana, the company said Monday.
The multi-billion dollar expansion adds 425,000 metric tons per a year in capacity to the chemical manufacturing site, bringing its total alpha olefin production up at Geismar to more than 1.3 million metric tons per a year. That makes it the largest alpha olefins producing site in the world, the company said.
Shell’s greener future is a matter of survival: The Telegraph 13 Oct 2018
..reacting to the allegation of intimidation, Mr Bamidele Odugbesan, Media Relations Manager of Shell, denied use of force to compel the company’s host communities to sign the JIV report.27 August 2018
The Joint Task Force (JTF) in the Niger Delta and oil major, Shell on Monday denied allegations of coercing the leadership of Aghoro 1 community in Bayelsa to sign a disputed report on oil spillage. FULL ARTICLE
By Elena Mazneva and Anna Shiryaevskaya | Bloomberg
August 27 at 12:00 AM
A planned new natural-gas pipeline into Europe from Russia is shaking up geopolitics. Nord Stream 2, as it’s called, worries leaders in Eastern Europe, has stirred the ire of U.S. President Donald Trump and has put German Chancellor Angela Merkel on the hot seat. FULL ARTICLE
Photo: Michael Macor, Staff / The Chronicle
What did you know and when did you know it? Those are the questions increasingly directed at Big Oil as concerns about global warming, rising sea levels and climate change grow. For a few years now, Exxon Mobil has faced a bombardment of allegations — which the Texas oil company denies — that it knew about climate change related to fossil fuels in the 1970s and buried the evidence. State investigations in New York and Massachusetts continue to focus on whether Exxon Mobil misled the public and the company’s investors. Now Exxon’s European counterpart, Royal Dutch Shell, is facing similar allegations that it was aware of the impact of fossil fuels on climate decades ago, but continued to produce and sell petroleum products. FULL ARTICLE
The leaders of the world’s largest and most powerful energy companies are talking about the fight to mitigate human-caused climate change.
Some are even putting their money where their mouths are.
While some conservative political leaders still deny that the Earth is heating up due to humans burning fossil fuels and releasing greenhouse gases, the people who produce those fuels and chemicals have recognized the imperative to limit global warming to a rise of 2 degrees Celsius.
Jordan Blum, Houston Chronicle: Updated 7:01 am, Wednesday, January 31, 2018
BP said it made two successful discoveries in the North Sea – one of which is with fellow Big Oil giants Royal Dutch Shell and Chevron. BP said it struck oil in its Capercaillie prospect in the central North Sea east of Scotland, as well as the northwestern corner of the North Sea in the Achmelvich well, the latter of which is the partnership with Shell and Chevron. The discoveries lend optimism to a slowly rebounding offshore energy sector, especially in the North Sea that’s so critical for Europe’s oil supplies. FULL ARTICLE
Photo: John Davenport, STAFF
By Collin Eaton and Ryan Maye Handy
January 15, 2018 Updated: January 15, 2018 9:29pm
Shell Oil Co. plans to plow around $200 million into a Tennessee solar company, the latest deal that finds a major oil company investing in renewable energy as the industry prepares for a day when crude demand plateaus. A unit of Houston’s Shell Oil will purchase almost half of Silicon Ranch Corp., a Nashville company that operates solar projects around the United States, for up to $217 million, the company’s biggest investment in utility-scale solar energy yet, the company said on Monday. Shell Oil is the U.S. subsidiary of Royal Dutch Shell, the Anglo-Dutch oil major. FULL ARTICLE
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Reply to Pearlene Bohannon:
: And sadly yet more news of BG Group diaspora. A Sound move: Sound Energy, the Moroccan focused upstream gas company, announces that, as part of its planned preparations for the forthcoming potential partial divestment of Eastern Morocco portfolio, Brian Mitchener, Exploration Director of the Company will step down from the Board with effect from 31 March 2020. At the Board's request, and to enable the Company to conserve cash balances, Mr. Mitchener has agreed to accept new ordinary shares in the Company ("Ordinary Shares") in settlement of termination of his employment contract. As a result, the Company expects to issue new Ordinary Shares, at the then prevailing price per Ordinary Share, with an aggregate market value of £107,983 on or around 25 January 2020 (the "Settlement Shares") and a further announcement will be made in this regard, as appropriate, in due course. In addition, the Company announces that a total of 863,682 restricted stock units ("RSUs") previously awarded to Mr. Mitchener will now vest in full on 31 March 2020, ahead of the original date of vesting of the RSUs, announced on 26 April 2018, of 1 January 2021.
: Theo, I have ceased posting your comments because they do not belong here. You should set up your own blog so that you are free to cover wide-ranging subjects rather than being restricted to discussions relevant to Shell or this website. Best wishes. John
: More news of BG diaspora. Ms Beverley Smith https://ir.q4europe.com/Solutionsstaging/Hurricane2018tf/3942/newsArticle.aspx?storyid=14551557 Memories of a catastrophic foray into Algeria, followed by a costly and hasty retreat.
: Theo, if it is your intention to kill off this supposedly Shell focussed forum by boring everyone to death with nonsensical ramblings, which have little relevance to Shell, then you are succeeding. Shell is not even mentioned.
: Good morning young lad in London! You are very right in the here and now! Everybody wants back to nature, everybody wants therefore to cut back on emissions, but nobody wants to walk! So in the here and now the whole world is indeed saying with the freedom of speech and the freedom to read Theo Benschop, we, the about 7 Billion simple descendants of the first human beings not being a monkey would love in the history of mankind on the by Coca Coca sponsored falling star so-called planet Earth without a plan B to know what you’ve been smoking and/or drinking, because it really has made your postings somewhat unreadable. Slow down, think and re-read what your have typed, then others may be able to understand what you are trying to say Google in the light of the free sun on this beautiful brand new day peacefully in the historic crisis in the Trias Politica with the freedom of speech and the freedom to read on the digital internet full with inspiring anti-war quotes full with ancient and modern wisdom and full with inspiring anti-cyber war quotes full of inspiring ancient and modern wisdom in the name of about 7 Billion simple descendants of the first human beings not being a monkey Wake up! Wake up! Wake up! Rise and shine! Watch out the bugs don't bite blind world leaders on the falling by Coca Cola sponsored star so-called planet Earth without plan B! The blind world leaders have in the historic crisis in the Trias Politica in the history of mankind the right to know Who is Free Immediately beloved Brother Julian Assange? Who is listen to beloved sister Rep. Ilhan Omar? Who is listen to Greta How dare you? How dare you? How dare you? Thunberg?. PS in the history of mankind on the by Coca Cola sponsored falling star so-called planet Earth without a plan B is it by the way interesting to know that Earth is not a tiny star, but instaed of this a so-called planet. So I’m answering everybody I’m smoking Look out! Authenthic Dutch Holland Blue. Roken is dodelijk – Stop nu! Tabaksrook bevat meer dan 70 stoffen die kanker veroorzaken! Je had er nooit aan deze giftige troep moeten beginnen, dummy! Stop nu met deze giftige troep! Blijf U alstublieft leven voor Uw naaste familie en Uw naaste vrienden. Wilt U alstublieft nu stoppen? Wilt U altublieft even kijken op www.ikstopnu.nl. Of wilt U alstublieft even de stoplijn 0800-1995 gratis bellen? Hartelijk dank voor uw medewerking!
: Well “Theo Benschop” I would love to know what you’ve been smoking and/or drinking - it really has made your postings somewhat unreadable. Slow down, think and re-read what your have typed, then others may be able to understand what you are trying to say. Who is this Greta Thunderberg’s-R-Go?? As many have said before me she should finish her schooling off rather than playing truant. She might learn some other facts about climate change. For example rather than trying to preach to the converted she should attempt to persuade the likes of China, Russia, India and Indonesia to cut back on emissions. Even the likes of Shell are trying to help but of course most on this forum have their heads where the sun doesn’t shine when recognizing this fact. Oh, by the way Earth is not a tiny star it is a planet.
: PS We, the about 7 Billion smart responsible owners of the tiny star so-called planet Earth without a smart plan B and beloved sister Greta Thunberg have after 40 year smart responsible discussion about the climate all the smart desired responsible knowledge about how to solve a in a smart responsible way a so-called problem with the climate on our tiny star so-called planet Earth without a smart plan B for which tiny star we are after all just until the end of times responsible. We and beloved sister Greta Thunberg are standing in the here and now in the vanities of the vanities where there will be nothing new under the free sun that is making the boring rounds around the free sun for the question is there a so called problem? Would you be so kind and smart to answer this question either with a responsible yes or no? If you have answered no, so-called problem solved, thank you very much for your smart responsible cooperation! If you have answered yes, the so-called problem is than not solved. In that smart case would you be so kind and smart to answer this responsible question either with yes or no? I am a smart responsible owner of the tiny star so-called planet Earth without a smart plan B. I think the who smart responsible discussion is just hysteric responsible nonsense, so just stay until the end of times with the smart plan A. Yes or no? If you have answered yes, so-called problem solved, thank you very much for your smart responsible cooperation! If you have answered no, so-called problem not solved. Would you be so kind and smart to answer this responsible question either with yes or no? I am a smart responsible owner of the tiny star so-called planet Earth without a smart plan B. I am in the here and now willing to solve a so-called problem, like beloved sister Greta Thunberg. I choose for smart responsible plan B. Next case! Thank you very much for your smart responsible cooperation!
: Good morning young lad in London! Young lad in London, I have to tell you with the freedom of speech that I in the here and now thought that I had in an earlier stadium in the history of mankind replied to your reaction. So this means that I do this for the second time as 1+1=2. Let I start with good news: there is in the history of mankind not such a thing as a so-called problem for the simple reason it just in the history of mankind doesn’t exist. I could have started also with Happy Xmas, War is over. If for instance young men in London in the United Divided BREXIT want it. But I didn’t as you can read with the freedom to read. Furthermore I bring under your attention that it is in the history of mankind not allowed to talk falsely about your beloved neighbours. Hereby I repeat black on white “I know for sure that a former director has maybe in the context of the subject literally had said: everybody knows that the smart people at the oil companies have a plan B. So it will be a problem if the government is not giving the start moment for the smart plans B. So if you want to solve this simple problem: all what the government has to do is fix the price of the Black Gold - sorry, I mean the oil, or petrol for the cars, as everybody wants beautiful nature, but nobody wants to walk, which is a good thing for the shareholders – at a level nobody will notice. Maybe add something to the price. But there you have the money to pay for the transition to a more sustainable energy. So actually what everybody wants in the agreements in Paris. Also I know for sure that beloved sister Rep. Ilham Omar was perfectly right in her conclusion that a few guilty criminals did something to create the chaos of nine eleven, so not the rest of the Universe. So that about 7 Billion simple descendants of the first human beings not being a monkey are supporting her for keep on being the one and only first president of all sovereign or not sovereign United Nations.
: BG Alumni….... normally your post wouldn’t warrant a response from me, however I’m curious to know, what was the idea that was fostered? The website is intertwined since Shell’s acquisition of BG Group, and having worked for both companies, I feel compelled to post my comments, as others should be made aware of the traits of some of their “colleagues”. I don’t know why you’d state the website is becoming ‘bitter and twisted’, my posts are factual, and having knowledge of the workings of BG Group, there is no reason to doubt that Bonus Group’s posts are not equally factual. I had the pleasure of working with a lot of committed people in both companies, mostly with good intent, but there were others with contrasting agendas, some bordering on sinister. Unfortunately, many of the good ones either left or were pushed, as they were seen as a threat to the lackey’s, intent in moving up the corporate ladder at all costs, emboldened by the toxic corporate culture. Some issues must be highlighted. For example, the Brent ‘TFA policy’, fatalities in a Brent Bravo utility shaft, a further fatality 2-years later in the same utility shaft and BG Group’s 20 plus fatalities in a ten-year period. Many of the causal factors can be attributed to the same management enablers, but because they were shielded by company lawyers, there was no accountability. If anyone should be branded ‘bitter and twisted’ it’s the lawyers. Is this what Michael Coates meant when he said one of his biggest internal challenges was his in-house legal team? It’s crucial to have people with the courage to express an opinion as opposed to those who turn a blind eye to failings. I could hazard a guess at what camp you’d be in.
: BG Alumni. Ha, ha! Your post is a typical example of the quality of BG Group work. Can't read what they have written, can't check what they have written, can't type and if you don't know, then lie. Bonus Group's posts are about the dismally poor standards at BG Group and their consequences. Sure, everyone liked being employed by BG Group, because they were well paid and didn't have to do any serious work. It was a case of 'passing the parcel' by email when you couldn't do the work required. All to the shareholders' detriment. I suggest that you go back to your cappuccino. Or is it a latte?
: It's about time Bonus Group and Bogus Group moved on. This website is repaidly becoming all baout the bitter and twisted.I can't imagine how that idea was fostered.
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