LNG

THE SHELL LEAKS FILES: 30 SEPTEMBER 2026

Comments are off for this post

THE SHELL LEAKS FILES: 30 SEPTEMBER 2026

SLF-2007-073

The Sakhalin Papers LXIII: The Reserves Ledger — Did Shell Really Lose 1.06 Billion Barrels?

In March 2008, the consequences of Shell’s surrender of control at Sakhalin II surfaced in the language oil companies understand best: proved reserves. Contemporary reports said roughly 1.1 billion barrels of oil equivalent were disappearing from Shell’s books. Shell’s own annual report contained two striking figures — 658 million boe and 402 million boe — which, when added together, appeared to support that conclusion. But they did not describe the same thing. One figure represented minority interests disappearing from a consolidated subsidiary; the other represented reserves being transferred into the equity-accounted investment column. Shell’s actual reduction in proved reserves attributable to its shareholders from the Sakhalin transaction was approximately 402 million boe. The distinction is accounting — but it is not merely cosmetic.

Archive reference: SLF-2007-073
Collection: The Sakhalin Papers
Principal authenticated records: Royal Dutch Shell plc Annual Report and Form 20-F 2006; Royal Dutch Shell plc Annual Report and Form 20-F 2007
Contemporaneous reporting: Financial Times; JP Morgan/Hemscott; The Observer; Bloomberg; Thomson Financial/AFX; Energy Intelligence
Judicial context: Export Credits Guarantee Department v Friends of the Earth [2008] EWHC 638 (Admin)
Evidence standard: Shell’s reserve figures and accounting classifications are treated as corporate facts. Contemporary descriptions of a 1.1-billion-barrel “loss” are attributed to the analysts and journalists who used them. No accounting reclassification is treated as a physical disappearance of hydrocarbons. The distinction between reserves surrendered economically and reserves merely moved between reporting categories is maintained throughout. read more

^*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, the Independent Shell Archive, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. ^*All conjured up by internet wizz, Nick Gill.

Shell doubles down on Canada: LNG Canada Phase 2 turns Kitimat into a 28-million-tonne export hub

Sep 29th, 2026

by John Donovan.

Comments are off for this post

Shell doubles down on Canada: LNG Canada Phase 2 turns Kitimat into a 28-million-tonne export hub

Shell has taken the final investment decision on LNG Canada Phase 2, committing with its partners to double the capacity of the Kitimat, British Columbia, export terminal from 14 million to 28 million tonnes of LNG a year. The decision substantially deepens Shell’s exposure to Canadian natural gas only weeks after it completed its acquisition of ARC Resources, adding roughly 370,000 barrels of oil equivalent a day of Canadian production. Shell Canada

For Shell, this is not a peripheral investment. The company owns 40% of LNG Canada, alongside PETRONAS with 25%, PetroChina 15%, Mitsubishi 15% and KOGAS 5%. Phase 2 will add two further liquefaction trains, an additional LNG storage tank, condensate storage, another loading berth and expanded utilities. The 670-kilometre Coastal GasLink pipeline will also be expanded through five new compressor stations. Commercial operations are expected in the early 2030s. Shell Canada read more

THE SHELL LEAKS FILES: 29 SEPTEMBER 2026

Sep 29th, 2026

by John Donovan.

Comments are off for this post

THE SHELL LEAKS FILES: 29 SEPTEMBER 2026

SLF-2007-072

The Sakhalin Papers LXII: The Fine Print — $4.1 Billion, a $19.4 Billion Budget and the “Economic Balance” Agreements

The Kremlin agreement of December 2006 determined who would control Sakhalin II. The transaction completed on 18 April 2007 determined what that change meant in money, accounting and project economics. Shell received approximately $4.1 billion, surrendered half its interest, stopped consolidating Sakhalin Energy as a subsidiary and accepted Gazprom as majority shareholder. On the same day, Russia approved the revised Environmental Action Plan, the project’s amended development budget was approved, and Shell later disclosed that additional agreements had been signed with the Russian Government “addressing the economic balance of the project.” Those facts are documented. The surviving public record is much less explicit about what those additional agreements contained.

Archive reference: SLF-2007-072
Collection: The Sakhalin Papers
Principal authenticated records: Royal Dutch Shell plc Form 20-F for 2007; Shell SEC-filed 2007 interim financial statements; Shell announcement of 18 April 2007
Government/project record: approval of the amended Sakhalin II development budget and revised Environmental Action Plan
Contemporaneous reporting: Reuters; Oil & Gas Journal; contemporary project and financial reporting
Later judicial context: Export Credits Guarantee Department v Friends of the Earth [2008] EWHC 638 (Admin)
Evidence standard: transaction figures and accounting treatment are treated as established corporate facts. Statements concerning Russian motives or coercion remain attributed assessments. The phrase “economic balance of the project” is Shell’s own description; no interpretation of undisclosed agreement terms is presented as fact. read more

Shell and Partners Edge Toward Doubling LNG Canada — Just Weeks After Shell’s $16.5 Billion ARC Resources Bet

Sep 25th, 2026

by John Donovan.

Comments are off for this post

Shell and Partners Edge Toward Doubling LNG Canada — Just Weeks After Shell’s $16.5 Billion ARC Resources Bet

Shell and its partners appear to be moving rapidly towards one of the biggest LNG investment decisions in Canada since the original LNG Canada project was sanctioned.

According to a new report carried by the Financial Post, shareholders in the Shell-led LNG Canada project are poised to approve a doubling of the Kitimat export terminal’s capacity, potentially as soon as next week.

If the reported decision goes ahead, LNG Canada’s maximum production capacity would rise from approximately 14 million tonnes per annum to 28 million tonnes per annum. read more

From Canadian Gas to Asian Buyers: Why LNG Canada Phase 2 Could Become the Centrepiece of Shell’s LNG Strategy

Sep 18th, 2026

by John Donovan.

Comments are off for this post

Shell-led LNG Canada could make a final investment decision on Phase 2 as early as October, according to Reuters. If approved, the expansion would roughly double the Kitimat facility’s capacity from 14 million tonnes a year to about 28 million tonnes. More importantly, it would connect Shell’s enlarged Western Canadian gas position directly to Asian LNG markets at a time when buyers are increasingly concerned about supply security.

Shell may be approaching one of the most consequential investment decisions in its global LNG portfolio. read more

Shell Warns the World Is Running Out of Energy “Shock Absorbers” — 36 Million Tonnes of LNG Already Missing

Sep 18th, 2026

by John Donovan.

Comments are off for this post

Shell’s chief economist says global energy markets have so far absorbed an extraordinary loss of oil and LNG supply from the Middle East. But the mechanisms that cushioned the blow — weaker demand, inventory drawdowns, spare infrastructure and rising American production — are wearing thin. Europe enters winter with unusually low gas stocks. Asian buyers are already retreating from expensive LNG. And Shell warns that even reopening disrupted trade routes would not immediately restore normal conditions. read more

SHELL’S $1.8 BILLION GREEN RETREAT: Another Renewable Empire Sacrificed on the Altar of Oil and Gas

Jul 16th, 2026

by John Donovan.

Comments are off for this post

As Shell sells one of India’s largest renewable-energy businesses, the company’s once-grand vision of becoming an electricity giant continues to evaporate. The wind turbines are being packed away. The solar panels are changing hands. Meanwhile LNG, oil and gas once again sit proudly at the centre of the empire

PART ONE

FROM GREEN MESSIAH TO GREEN LIQUIDATOR

There was a time—not very long ago—when Shell wanted the world to believe it was transforming itself into one of the largest electricity companies on Earth.

The message was repeated in glossy sustainability reports, investor presentations and carefully choreographed speeches.

Wind.

Solar.

Hydrogen.

Electric vehicle charging.

Net Zero.

Integrated power.

The future, Shell insisted, would not simply be barrels of oil.

It would be electrons.

Fast-forward to July 2026.

Shell has now agreed to sell Sprng Energy, one of India’s largest renewable-energy businesses, to Aditya Birla Renewables for approximately $1.8 billion. read more

Shell’s LNG Crystal Ball: Demand Will Boom by 2050 — Assuming 2026 Does Not Ruin the Sales Pitch

Jun 30th, 2026

by John Donovan.

Comments are off for this post

By John Donovan

Shell, previously known as Forthdeal Limited, subsequently as Royal Dutch Shell plc, and now hiding in plain sight as Shell plc after ditching the disgraced Royal Dutch moniker, has reportedly discovered a marvellous new corporate skill: predicting a golden LNG future while explaining why the present is already wobbling. Two reports published on 30 June 2026 appear, at first glance, to pull in opposite directions.

One says Shell expects global LNG demand to rise by around 65% by 2050, reaching close to 700 million metric tons per year, compared with 422 million tons traded in 2025. The other says global LNG trade could remain flat in 2026, because disruption through the Strait of Hormuz has curbed Middle East supply and knocked the market off course.

That is not necessarily a contradiction. It is something more useful: a glimpse into Shell’s preferred LNG narrative.

The long-term story is magnificent. The short-term story is messy. The marketing deck says “growth market.” The real world says “shipping chokepoint, price spike, supply disruption, nervous customers and geopolitical risk.” read more

Shell’s Prelude Problem: The Floating LNG Giant That Wants Australian Gas, But Not Australian Obligations

Jun 30th, 2026

by John Donovan.

Comments are off for this post

Part One: Main Article

Shell, previously known as Forthdeal Limited, subsequently as Royal Dutch Shell plc, and now hiding in plain sight as Shell plc after ditching the disgraced Royal Dutch moniker, has found itself in another beautifully Shell-shaped dilemma: how to keep exporting gas from Australia while avoiding the tiresome local expectation that Australians might actually get some of it.

The latest issue concerns Shell’s Prelude FLNG facility — the gigantic floating liquefied natural gas plant stationed roughly 475km north-north-east of Broome, Western Australia. Shell describes Prelude as being “at the heart” of its Western Australian gas portfolio and says the project is planned as a multi-decade operation requiring additional gas, starting with the Crux field, to maximise its operating life. (Shell Australia⁠ Attachment.tiff ) read more

Shell Built a Floating LNG Empire — Now Australia Wants Some Gas Back

Jun 28th, 2026

by John Donovan.

Comments are off for this post

Prelude FLNG, Australia’s gas squeeze, and the awkward question Shell hoped would stay offshore

Shell, previously known as Forthdeal Limited, subsequently as Royal Dutch Shell plc, and now hiding in plain sight as Shell plc after ditching the disgraced Royal Dutch moniker, has reportedly found a fresh cloud hanging over one of its most extravagant monuments to fossil-fuel optimism: Prelude FLNG, the vast floating liquefied natural gas facility moored off Western Australia.

According to the Australian Financial Review report supplied for this article, the issue now stalking Shell’s offshore gas leviathan is not simply engineering, cost, safety, downtime, or the minor inconvenience of climate physics. It is domestic gas policy — that tiresome democratic habit of asking whether a country exporting vast quantities of gas might also like to keep some for its own households and industries. read more

Illness Outbreak on Shell’s Prelude Raises Fresh Questions About Offshore Workforce Safety

May 29th, 2026

by John Donovan.

Comments are off for this post

A reported outbreak of contagious illness aboard Shell’s Prelude floating liquefied natural gas (FLNG) facility has prompted an investigation by Australia’s offshore regulator, renewing scrutiny of health, safety and workforce management practices on one of the world’s most ambitious energy projects.

The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) is examining the circumstances surrounding the outbreak, which affected personnel working aboard the offshore facility located approximately 475 kilometres off the coast of Western Australia. While details regarding the nature and extent of the illness have yet to be fully disclosed, the incident has once again placed Prelude at the centre of discussions about operational resilience and workforce welfare in remote offshore environments. read more

SHELL BACK IN THE CLIMATE DOCK: THE OIL GIANT, THE DUTCH SUPREME COURT, AND THE WORLD’S MOST EXPENSIVE GAME OF “NOT OUR FAULT”

May 22nd, 2026

by John Donovan.

Comments are off for this post

DISCLAIMER:
This article is opinion and commentary. It is satirical, critical, and based on publicly reported information. It is not financial advice, investment advice, or legal advice. Readers should consult original sources and professional advisers where appropriate. Site wide disclaimer also applies.

PART ONE: THE FACT-BASED TABLOID DEEP DIVE

🔥 THE HAGUE STRIKES BACK: SHELL’S CLIMATE CASE RETURNS LIKE A BAD SMELL FROM THE REFINERY

There are courtroom dramas, and then there is Shell’s Dutch climate saga: a long-running legal opera in which Europe’s biggest oil and gas company is dragged back before the judges while insisting, with the solemn dignity of a man standing beside a smoking barbecue, that forcing it to cut emissions would be terribly unhelpful. read more

Ineos and Shell Drill Into America While Britain Taxes Its Own Basin Into the Sick Bay

May 4th, 2026

by John Donovan.

Comments are off for this post

Disclaimer: This article is a satirical/tabloid-style deep dive based on reported facts and public sources. Spoof sections are clearly labelled. Site wide disclaimer also applies.

Part 1 — Fact-Based Deep Dive

Sir Jim Ratcliffe’s Ineos Energy and Shell are pushing ahead with oil and gas exploration in the US Gulf, in a move that says plenty about where big energy capital now feels welcome — and where it does not.

According to The Times, Ineos Energy is teaming up with Shell to explore opportunities near Shell’s Appomattox platform in the Gulf of Mexico, after Ineos acquired a 21 per cent stake in the platform from China’s CNOOC. The partnership is focused on developing Shell’s Fort Sumter discovery, understood to hold more than 125 million barrels of recoverable oil equivalent, identifying further exploration wells, and assessing broader development opportunities in the area. read more

SHELL’S GREAT AUSTRALIAN GAS VANISHING ACT: Billions Out, Answers Missing, Tax Man Still Waiting

Apr 24th, 2026

by John Donovan.

Comments are off for this post

There are moments in public life when corporate theatre becomes so beautifully absurd that satire can simply put its feet up and let the executives do the work.

Enter Shell Australia.

At a federal inquiry into the taxation of gas resources, Shell was asked the sort of savage, ambush-style questions that only the most hostile parliamentary inquisitors could possibly dream up.

Questions like: How much gas did you export?

And: What was your local revenue?

Terrifying stuff. Almost unfair. How could a global gas giant possibly be expected to know how much gas it sold?

According to reports of the hearing, Shell Australia representatives were able to tell senators that the company paid $109 million in Petroleum Resource Rent Tax in the latest year — after reportedly paying none in the previous decade — and cited $2.9 billion in taxes paid on $6.2 billion in after-tax profits in 2024. But when pressed on basic figures such as export volumes and full local revenue, the answers appeared to become considerably less crisp. read more

GAS PANIC DOWN UNDER: BILLIONS POURED INTO LNG… AND AUSTRALIA STILL FACES A SHORTAGE?

Apr 17th, 2026

by John Donovan.

Comments are off for this post

Big Oil’s grand export bonanza rolls on—while Australians are warned they might run short at home. Yes, really.

🛢️ THE GREAT LNG GOLD RUSH (AGAIN)

Australia is once again throwing billions at liquefied natural gas (LNG) projects—because apparently, when in doubt, build more fossil fuel infrastructure and ask questions later.

According to industry reporting, a fresh wave of massive LNG developments is advancing across the country, even as warnings grow louder about looming domestic gas shortages.

Let’s translate that:

One of the world’s biggest gas exporters… might not have enough gas for itself.

You couldn’t script it better.

💰 EXPORT SUPERPOWER… DOMESTIC HEADACHE

Australia is already a global LNG heavyweight—built on an eye-watering investment binge of more than A$290 billion across major projects over the past decade. read more

Shell’s LNG Boom Forecast: 54% More Gas, 100% More Contradictions

Mar 17th, 2026

by admin.

Comments are off for this post

A massive LNG tanker labelled “Energy Transition” crossing a bridge made of pipelines. The bridge stretches endlessly into the horizon, never reaching land. Below, rising sea levels and melting icebergs. Shell executives stand on deck pointing forward, while climate scientists look concerned in the water below.

Shell has delivered its latest vision of the future — and, surprise, it looks remarkably like the past, just chilled to minus 162°C.

According to its newest outlook, global demand for liquefied natural gas (LNG) is expected to rise by at least 54% by 2040, reinforcing the company’s long-standing belief that the world simply cannot quit fossil fuels — even as it promises to do exactly that. read more

30 November 2023: Posted by John Donovan

The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.
Extremely slow broadband for 10 months, not fixed. I have had slow broadband well below the guaranteed speed for 10 months and Shell Energy have not been able to fix it. They have tried sending about 4 or 5 engineers but have not fixed the problem. Gurps, who I have been dealing with most recently, has been friendly and polite, alth… Read more

Extremely Slow Shell Broadband

LNG

THE SHELL LEAKS FILES: 30 SEPTEMBER 2026

SLF-2007-073

The Sakhalin Papers LXIII: The Reserves Ledger — Did Shell Really Lose 1.06 Billion Barrels?

Shell doubles down on Canada: LNG Canada Phase 2 turns Kitimat into a 28-million-tonne export hub

THE SHELL LEAKS FILES: 29 SEPTEMBER 2026

SLF-2007-072

The Sakhalin Papers LXII: The Fine Print — $4.1 Billion, a $19.4 Billion Budget and the “Economic Balance” Agreements

Shell and Partners Edge Toward Doubling LNG Canada — Just Weeks After Shell’s $16.5 Billion ARC Resources Bet

PART ONE

FROM GREEN MESSIAH TO GREEN LIQUIDATOR

Part One: Main Article

Prelude FLNG, Australia’s gas squeeze, and the awkward question Shell hoped would stay offshore

PART ONE: THE FACT-BASED TABLOID DEEP DIVE

🔥 THE HAGUE STRIKES BACK: SHELL’S CLIMATE CASE RETURNS LIKE A BAD SMELL FROM THE REFINERY

Part 1 — Fact-Based Deep Dive

There are moments in public life when corporate theatre becomes so beautifully absurd that satire can simply put its feet up and let the executives do the work.

Big Oil’s grand export bonanza rolls on—while Australians are warned they might run short at home. Yes, really.

🛢️ THE GREAT LNG GOLD RUSH (AGAIN)

💰 EXPORT SUPERPOWER… DOMESTIC HEADACHE

Sir Henri Deterding, resurrected!

JOE LYCETT DISCUSSES SHELL WITH JOHN DONOVAN

Meta

John Donovan’s ebooks

JOHN DONOVAN TV DOCUMENTARY INTERVIEW

SHELL EXECUTIVES AT THE CENTER OF A SCHEME TO STEAL $1.3 BILLION FROM NIGERIA’S PEOPLE

SHELL ADMITS DEALING WITH NIGERIAN MONEY LAUNDERER – BBC NEWS

SHELL, ENI AND NIGERIAN OFFICIALS IN OPL 245 CORRUPTION SCANDAL

INVESTIGATION OF OPL 245 NIGERIAN OIL CORRUPTION SCANDAL

DUTCH EARTHQUAKES CAUSED BY SHELL/EXXON

SHELL KILLS FOR OIL IN NIGERIA

SHELL LIED ABOUT CLEANING UP OIL IN NIGER DELTA

SHELL SPIES INFILTRATED NIGERIAN GOVERNMENT

LEGO DROPS SHELL OVER GREENPEACE OIL SPILL VIDEO

SHELL ARCTIC DRILLING ACCIDENTS

SHELL KNEW ABOUT CLIMATE CHANGE DECADES AGO

ROYAL DUTCH SHELL FOUNDER SIR HENRI DETERDING, NAZI FINANCIER

JOHN DONOVAN PROMOTIONAL GAMES FOR SHELL AND OTHER CLIENTS

Archives

SHELL OFFICIAL ENDORSEMENT OF THIS WEBSITE

Critic’s corner

30 November 2023: Posted by John Donovan

The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.

The worst ever

The worst ever

OVER 500 EXTERNAL PUBLICATIONS CITING OUR SHELL WEBSITES

DISCLAIMER

Categories

SHELL PROPPED UP APARTHEID

Royal Dutch Shell plc .com Cookies Policy