Royal Dutch Shell Plc  .com Rotating Header Image

Posts under ‘LNG’

Gazprom, Shell ink strategic cooperation agreement

Gazprom, Shell ink strategic cooperation agreement

The agreement was signed in the videoconference mode in presence of chief executive officers of Gazprom and Shell

MOSCOW, March 16. /TASS/. Gazprom and Shell concluded the agreement on strategic cooperation for the term of five years on March 16, the Russian gas holding says on Tuesday.

“Particular attention will be paid, for instance, to such areas as studies of energy market, implementation of projects throughout the value creation chain, and cooperation in the sphere of digital development of technologies and reduction of greenhouse gas emissions,” Gazprom says. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell predicts free gas forever from Gorgon and Prelude LNG projects

Shell predicts free gas forever from Gorgon and Prelude LNG projects

by  | Mar 31, 2021 | Energy & Environment

Shell’s accountants predict the Dutch giant will never pay Australia for gas extracted at the Gorgon and Prelude LNG projects that it can sell for up to about $4 billion a year. Peter Milne from independent energy and climate news site Boiling Cold has the story.

Dutch giant Shell forecasts it will never pay Australia for oil and gas extracted for the Gorgon and Prelude LNG projects that it can sell for up to almost $4 billion a year. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell hunts for hydrogen opportunities in Australia in net zero push

Shell hunts for hydrogen opportunities in Australia in net zero push

Sonali Paul: Thu, 25 March 2021, 8:50 am MELBOURNE (Reuters) – Royal Dutch Shell is scouring Australia for opportunities to develop its hydrogen business, so far focused on projects in Europe, in its drive to achieve net zero carbon emissions by 2050.

Shell Australia Chair Tony Nunan said the company sees hydrogen and carbon capture and storage as essential to the company’s net zero ambitions, and Australia is well placed to be competitive in both of those technologies.

Australia, like its biggest coal and gas customers China, Japan and South Korea, has mapped out a hydrogen strategy, with plans to become an exporter by 2030, using its vast wind and solar resources to produce “green” hydrogen and natural gas and carbon capture for “blue” hydrogen. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Russia’s Gazprom, Shell ink 5-year ‘strategic’ deal

Russia’s Gazprom, Shell ink 5-year ‘strategic’ deal

By New Europe Online/KG: PUBLISHED 21:57 MARCH 17, 2021

Gazprom and Royal Dutch Shell signed on March 16 an Agreement of Strategic Cooperation for a five-year period, the Russian gas giant said.

The signing ceremony was held via a video link in the presence of Gazprom CEO Alexey Miller and Shell CEO Ben van Beurden.

The newly signed document, which expands the interaction between the two companies, focuses on research of energy markets, implementation of projects along the entire value chain, cooperation in digitalization of technologies, and reduction of greenhouse gas emissions, Gazprom said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Russia’s Gazprom signs strategic cooperation agreement with Shell

Russia’s Gazprom signs strategic cooperation agreement with Shell

By Reuters Staff:

MOSCOW (Reuters) – Russian gas producer Gazprom has signed a five-year strategic cooperation agreement with Shell, it said on Tuesday.

The cooperation will include exploring energy markets, “projects along the entire value chain”, digitalisation of technologies and reduction of greenhouse gas emissions, Gazprom said.

Reporting by Polina Devitt; Editing by David Goodman

SOURCE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell changes senior UK leadership in global overhaul

Shell changes senior UK leadership in global overhaul

Ron Bousso: Thu, 4 March 2021, 11:40 am·2-min read

LONDON (Reuters) – Royal Dutch Shell is changing the senior leadership of its operations in Britain as part of a global overhaul to cut costs and shift away from oil and gas to renewables and power.

Under the changes, which have been announced internally, country chair Sinead Lynch will become Shell’s global head of low-carbon fuels, a company spokeswoman said.

Lynch, who joined the Anglo-Dutch company in 2016 following its acquisition of BG Group, will be replaced by David Bunch who currently runs Shell’s retail business across Europe and South Africa. Bunch joined Shell in 1997. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Which Banks Are The Biggest Backers Of Oil And Gas?

Which Banks Are The Biggest Backers Of Oil And Gas?

About a month ago, BlackRock Inc.(NYSE:BLK), the world’s largest asset manager with $9 trillion in assets under management (AUM), sent shockwaves through the fossil fuel sector after it vowed to double down on climate activism by backing more shareholder resolutions on climate change and social issues in 2021.

Around the same time, the $226 billion New York State pension fund and the $5B Rockefeller Brothers Fund announced plans to divest the majority of their fossil fuel investments and also sell shares of other companies that have been actively contributing to global warming. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Forecasts Rising LNG Demand as Global Economies Recover, with Supply Shortfall Looming

Shell Forecasts Rising LNG Demand as Global Economies Recover, with Supply Shortfall Looming

BY : February 25, 2021

Royal Dutch Shell plc, one of the leading natural gas traders in the world, said Thursday consumption held steady in 2020 despite Covid-19 and is on course to expand as economies recover. However, a dearth in sanctioned projects is forecast to create a supply gap. 

According to Shell’s annual global liquefied natural gas (LNG) trade report, consumption increased to 360 million metric tons (mmt) in 2020, versus 358 mmt in 2019.  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Sells Non-Core Canadian Shale Assets to Crescent Point Energy

Shell Sells Non-Core Canadian Shale Assets to Crescent Point Energy

NEWS PROVIDED BY: Shell Canada Limited: Feb 17, 2021, 17:08 ET

CALGARY, ABFeb. 17, 2021 /CNW/ – Royal Dutch Shell plc, through its affiliate Shell Canada Energy (“Shell”), has reached an agreement with publicly listed Canadian energy company Crescent Point Energy Corp. (“Crescent Point”) to sell its Duvernay shale light oil position in Alberta, Canada for a total consideration of US$707 million (C$900 million). The transaction has an effective date of January 1, 2021. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell aims to double power sales by 2030

Shell aims to double power sales by 2030

By Jaime Llinares Taboada

Royal Dutch Shell PLC on Thursday laid out its green transition strategy, including targets to double electricity sales, expand its liquefied natural gas capacity and gradually reduce oil production.

The Anglo-Dutch energy major, which is committed to becoming a net zero emissions business by 2050, said that it will rebalance its portfolio in the near term by annually investing between $5 billion and $6 billion in its growth pillar, which comprises marketing, renewables and energy solutions. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell cuts exploration ambitions in Norway, to focus on natural gas

Shell cuts exploration ambitions in Norway, to focus on natural gas

By Reuters Staff: 9 February 2021

OSLO, Feb 9 (Reuters) – Royal Dutch Shell will narrow its exploration scope in Norway to focus on natural gas production and possibly offshore wind in future, it told the Norwegian oil and energy ministry.

Shell said in October it planned to reduce its oil and gas operations to nine basins around the world as part of its strategy to reduce the carbon intensity of its operations. It is expected to announce details of its new strategy on Thursday. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell’s ‘Hard Look’ At Nigeria – All Bark No Bite

Shell’s ‘Hard Look’ At Nigeria – All Bark No Bite

Dilya Safine, CFA: Feb. 08, 2021 4:50 PM ET Royal Dutch Shell plc

Summary

  • Shell’s comments on its Q4 call about “taking a hard look” at its onshore Nigeria assets prompted concerns that it might look to exit the region.
  • I estimate that its onshore Nigerian assets to be worth at least 6% of its stock price, as well as the backbone for its offshore and LNG expansions.
  • I believe that Shell’s comments are aimed at achieving more favorable terms for its other contract negotiations. More details at its Analyst Day.

Q4 Earnings: Comments on Nigeria Raise Alarms

On its 4Q’20 earnings call, Shell CEO Ben van Beurden called the company’s Nigerian assets a “headache” and said it is time to “take a hard look” at the company’s operations in the country. He cited frequent incidents of oil theft and operational challenges in the Niger Delta, blaming the leaks that his company had been forced to clean and compensate for on pipeline sabotage. These comments raised alarms that Shell (NYSE:RDS.A)(NYSE:RDS.B) might look to exit the country, and the stock fell as a result. RDS is expected to provide additional detail on its operations during its Strategy Day this week. However, I believe that the company is unlikely to halt its operations in the region, as it would have a material impact on its valuation and impact other areas of its business, as I explain below. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell targets power trading and hydrogen in climate drive

Shell targets power trading and hydrogen in climate drive

By : FEBRUARY 1, 2021: 8 MIN READ

LONDON (Reuters) – Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company sources said.

Shell and its European rivals are seeking new business models to reduce their dependency on fossil fuels and appeal to investors concerned about the long-term outlook for an industry under intense pressure to slash greenhouse gas emissions. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

LNG production at Shell’s Prelude gas processing plant in Western Australia restarts following 11-month closure

LNG production at Shell’s Prelude gas processing plant in Western Australia restarts following 11-month closure

ABC KimberleyBy Ben Collins: 23 Jan 2021 “As for making money from this project, that’s extremely unlikely because the cost overruns and completion delays are in the horrendous category,”…

Key points:

  • The facility was shutdown for 11 months after electrical and safety problems
  • Some analysts hold concerns about the facility’s economic and environmental performance
  • Shell has never revealed the cost of constructing Prelude

Liquified natural gas (LNG) production has restarted this month on the world’s largest floating object, Shell’s half-kilometre long Prelude gas processing facility.

The restart is much-needed good news after an 11-month shutdown following a technical issue only described as an “electrical trip” by Shell, and three incidents that the offshore energy regulator NOPSEMA described as “dangerous occurrences”. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

MYSTERY OF SUDDEN DIVERSION OF LNG TANKERS BOUND FOR SHELL’S TROUBLED PRELUDE FLNG 

MYSTERY OVER SUDDEN DIVERSION OF LNG TANKERS BOUND FOR SHELL’S TROUBLED PRELUDE FLNG 

Extracts from Reuters article – Two LNG tankers bound for Australia’s Prelude facility divert..

It is not clear why the ships changed their destinations from Prelude…: Shell declined to comment on the matter.

EXTRACTS FROM RELATED SPECULATION BY RETIRED SENIOR SHELL EXPERTS

Your the wiz kid on tanker movements

….seems to me the only logical reason for such diversion of for example the Gaslog Glasgow was there was not a sufficiency of LNG to load on or around the 15 January (the first load was offtaken on 8 January) when to meet the 3.6m tonnes design output it would have been required to load around this time and I think you calculated that to meet the 3.6 mt/a  given an average LNG carrier capacity an offload would be expected every circa 7 –  10 days,… read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

UPDATE 1-Two LNG tankers bound for Australia’s Prelude facility divert-shiptracking data

UPDATE 1-Two LNG tankers bound for Australia’s Prelude facility divert-shiptracking data

By Reuters Staff: JANUARY 19, 2021

(Adds comment from Shell)

SINGAPORE, Jan 19 (Reuters) – Two liquefied natural gas (LNG) tankers that had initially signalled they would load at Royal Dutch Shell’s Prelude floating LNG facility in Australia have diverted elsewhere, shiptracking data showed on Tuesday.

This comes just a week after Shell said that Prelude would resume loading cargoes after production had been suspended for nearly a year following an electrical trip. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
%d bloggers like this: