Oct 19th, 2021
by John Donovan.
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Shell’s head of gas and renewables to leave company after 25 years
Tom Wilson in London: OCTOBER 15 2021
Royal Dutch Shell’s head of gas and renewable energy is leaving the business after 25 years, the latest shake-up in the teams leading the transition towards cleaner fuels at Europe’s energy majors. Maarten Wetselaar will be replaced as director of integrated gas and renewable and energy solutions by the current head of upstream Wael Sawan, the company said on Friday.
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
The $12 billion vessel started up production in July last year, only to be shut in in February as it was plagued with technical problems and has been in lighthouse mode ever since, with frequent clashes between unions, Shell management and contractors like Sodexo about conditions on the vessel. Last week the company posted an impairment post-tax charge of A$924 million…
A GROUP of Extinction Rebellion protestors descended on Shell’s Perth headquarters over the weekend, defacing the entrance and writing chalk on the pavement in protest of Shell’s Prelude FLNG vessel, describing it as a “death machine”.
Police were called to the scene by Shell security, however no arrests or move on notices were made and by Monday morning all evidence of the protest had been removed.read more
Shell doesn’t intend to “get into an arms race” with peer supermajor BP over goals to reduce its carbon footprint, Maarten Wetselaar, Shell’s Integrated Gas & New Energies Director, told The Times a week after BP joined the pack of oil majors that have set carbon-reducing goals.
In December 2018, in an industry first, Shell said that it plans to set short-term targets for reducing the net carbon footprint of the energy products it sells, and to link those targets with executive remuneration.read more
Global demand for liquefied natural gas is expected to double to 700m tonnes by 2040 as energy consumption, particularly in Asia, rises and as the world shifts away from dirtier burning fuels, Royal Dutch Shell said on Thursday.
“The global LNG market continued to evolve in 2019, with demand increasing for LNG and natural gas in power and non-power sectors,” said Maarten Wetselaar, Shell’s head of gas and new energies. “Record supply investments will meet people’s growing need for the most flexible and cleanest-burning fossil fuel.”read more
As the fight against climate change continues, it gets easy to view the issue as a direct two-sided conflict. It seems to be the idea of many that fossil fuel companies are trying to keep oil, coal and other nonrenewable resources, which have been the mainstay of the American power network, firmly in place at the top of energy production. However, this doesn’t seem to be the case. The real fight isn’t over whether or not the world goes green, it’s about when it does and who gets to hold or gain power in the revolutionized world that is fast-approaching. The green revolution is inevitable.read more
Royal Dutch Shell has suffered a setback in its push into green energy after losing out to Mitsubishi in the €4 billion battle for a Dutch power utility.
The Anglo-Dutch energy group had been pursuing the acquisition of Eneco in a joint bid with PGGM, a Dutch pension fund service provider, but it was beaten yesterday by the Japanese conglomerate.
Maarten Wetselaar, head of Shell’s “new energies” division, said that he was “disappointed” but would continue to look for other opportunities in the transition to greener energy.read more
* Prelude seals Australia as world’s top LNG exporter
* Prelude marks last of Australia’s $200 bln LNG construction boom
* Start-up comes amid glut in LNG market
* Rival Ichthys LNG could sap some Prelude gas reserves (Adds comment on Prelude gas sources)
By Sonali Paul
MELBOURNE, June 11 (Reuters) – Royal Dutch Shell on Monday shipped the long-awaited first cargo of liquefied natural gas from its massive Prelude floating LNG plant off northwest Australia, sealing the nation’s position as the world’s top exporter of the fuel.read more
In another payment recounted in the lawsuit, Peter Robinson, then Shell’s regional vice president, ended up with “several hundred million Swiss frances”… Shell last year accused Robinson of taking kickbacks, but said he purposely tried to hide it from the company. The Nigerian government says none of the transactions could have happened without the support or willful “blind eye” of Shell CEO Peter Voser, former CFO Simon Henry, and current head of integrated gas Wetselaar, among others. Its oil and gas exploration director at the time Malcolm Brinded was “closely involved,” the government claims. Brinded is also on trial in Milan.
*Companies also denied wrongdoing in 2011 criminal bribery case
Royal Dutch Shell Plc and Eni SpA face additional corruption allegations over a Nigerian oil deal, after the West African country’s government said in a London lawsuit that it believes a handful of executives, including CEOs, were tied to more than $1 billion in bribery payments.
In court documents filed in early April, the Nigerian government said the oil companies’ senior managers agreed in 2011 to make a large payment for an offshore oil block, understanding the money would trickle down to government officials and senior executives from both companies. The filing singles out individuals who haven’t previously been caught up in the scandal, including former Shell Chief Executive Officer Peter Voser and Maarten Wetselaar, the current head of its large natural gas business.read more
Since Maarten Wetselaar, Royal Dutch Shell’s director of gas and new energies, suggested a few weeks ago that Shell could be “by far the biggest power company in the world” by 2035 as it moves into electricity, oil and gas rivals have been asking if they should be doing the same. Existing power suppliers have begun to worry about whether their business models are secure.
Shell’s investment could surpass $650M if exploration continues, according to the president of Colombia’s National Hydrocarbons Agency.
The government recently modified contractual terms for offshore exploration and launched a new process that allows companies to apply to explore in areas of interest, offering 20 blocks as part of a strategy to boost the oil sector.read more
Energy giant Shell has brushed off persistent talk about technical problems dogging the start-up of the huge Prelude floating LNG project off Australia’s far north-west coast but has signalled the first LNG cargo from the closely watched venture may still be several weeks away. FULL ARTICLE
Shell Offshore Inc. has agreed to pay a $2.2 million civil fine to the federal government to settle charges that the company violated the Clean Water Act by spilling 1,900 barrels of oil into the Gulf of Mexico in May 2016 when a subsea pipeline cracked at the company’s Green Canyon oil field. FULL ARTICLE
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
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FUEL giant Shell came under fire yesterday after unveiling a 36 percent profit leap – while “exploiting hardworking motorists”.
Executives 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 ARTICLEread more
Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad.
Shell is looking for a green future in silence
How should Shell still make money if the role of fossil fuels becomes smaller and smaller? The company is sorting out with investments in green start-ups.
The construction of a large wind farm in the North Sea, an offer for Eneco and the acquisition of the charging station company NewMotion; it is the big steps that everyone can see that oil and gas multinational Shell is putting to a little less fossil. But under the bonnet of Shell and out of view of the general public, many smaller investments in start-ups give at least as interesting an insight into Shell’s view of the future. A search for the green future of Shell.read more
Eneco does not have to worry about losing its sustainable character when it comes to selling to Shell and pension provider PGGM. That is what the two potential buyers of the Dutch energy company say to the FD. Some of the shareholders and staff are afraid that a sale will put an end to Eneco’s sustainable strategy.read more
Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad.
Maarten Wetselaar: ‘There has been a period of thirty years in which the industry and we also only talked about the largest oil platforms that were built and the deepest wells that were drilled.’ Photo: Michel de Groot
‘The energy transition gives power back to the customer’
ShellRDSA € 27.85 + 1.05% is still an oil and gas multinational, but is sorting for a future in which it will become one of the largest electricity companies. ‘We are faced with a revolution’, says Maarten Wetselaar, member of the Executive Board of Shell in an interview with the FD. He is responsible, among other things, for the New Energies division that was established two years ago.read more
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON. EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
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
Listen and read proof in audio and transcript form of Shell CEO Ben van Beurden’s cover-up tactics in the OPL 245 Nigerian corruption scandal. The instruction given by him in the covertly recorded call to CFO Simon Henry was at odds with Shell’s claimed core business principles. Cover-up and obstruction, instead of transparency and integrity, says Shell critic John Donovan
Customer Service NON EXISTENT: Received letter stating engineer would be out between 1-6pm no one turned up, not even a call,to my mobile. Called customer services to find out when engineer would be out and was told I didn’t need one and was connected. I said I was 89yrs and couldn’t get down to switches and didn’t know how to connect to WiFi, they hung up on me. Called again for complaints to let them know how I was treated and would be expecting the £25 credit which states on their website you receive for engineer not showing up, she hung up on me again!Date of experience: 03 October 2023
This company are appalling: This company are appalling. They come out as the cheapest on comparison sites but beware they then up their charges to an extortionate amount once you are with them.
They wanted us to pay over £500 a month for a 2 person household. They also made us pay over £1000 stating we were in debit on our account despite paying a really high monthly direct debit.
We are now with another company, pay less than half of the amount that shell charged us and are already in £600 credit after 4 months.
Date of experience: 16 August 2023
Bullying vulnerable old people is…: Bullying vulnerable old people is pretty low, and that is what they are doing. Message sent saying more than doubling their direct debit when they have never been in debit and we have to keep getting the overpayments back by wasting our time on the telephone to them. We keep putting in complaints which presumably go into the bin.
I really do thing there should be some legal comeback on these bullies.
In any other part of life just taking more money than you are due would either be theft or fraud. What makes them think they are above the law and decency? Arrogance and corporate targets for deposit amounts, and they are probably getting 5% on your overpayments, means their profits swell and anyone who is on a profit related bonus gets a bit more at your cost.
If you think about it, if Shell Energy have 1m customers, and they each have at least £500 overpayments in SE's deposit account then SE are raking in almost £2.1m per month in interest.
They should be made to pay customers 5% on any money they hold over £100 to discourage them ripping everyone off and defrauding vulnerable old people.
Date of experience: 29 September 2023
hey know I have heart issues yet still stressing me out. Disgusting cheaters and thieves.
Date of experience: 02 October 2023
2 Oct 2023 broadband down again: 2 Oct 2023 broadband down again, ring shell, tell them my password they then tell. Me to enter,,, low and behold it's up and running again. fault team saying nothing wrong, as well as passing me to different departments.
Octopus don't take it on
Date of experience: 02 October 2023
The installer who came to install the…: The installer who came to install the smart meter for me was very rude. First of all, he was late - he arrived at 5.20 pm. He raised his voice to me (I warned him 2-3 times not to shout at me). He wanted to see the radiator controller. When I said that there was no problem, but he had to change his shoe covers, he was wearing them outside - it was raining and he was walking on the ground -- HE SAID IT WAS NOT A PALACE AND HE WENT AWAY. He also threatened me that he would disconnect my gas. I also did not receive a home monitor that would control my gas consumption. I also didn't sign the completion of work for him - the signature I gave him before starting work, he said that he couldn't start doing anything without it... That's not the way to do it. It's a showcase of your company, which isn't very pretty.
Date of experience: 02 October 2023
Bye bye Shell: Fixed price came to an end. Payment is going from £153 to £243 despite the spot gas price being historically low.
They offered a fixed rate tariff, takes the price down to £226, the catch? I must take a Smart Energy meter that I don't want and have never wanted, and have declined SMS who have phoned me easily 15 to 20 times since I've been with Shell Energy.
I've told them every time to stop phoning me, I don't want a smart meter, but still they do it. Albeit I haven't had a call for a few months, maybe they've stopped. I don't know. But not before telling them over and over again to stop phoning me.
I also used to get nagged regularly with text messages to book a Smart Meter despite never wanting one and making that clear from the first time they asked.
Now shell is giving me a high price, with a tiny discount if I accept a smart meter.
I started my switch to Octopus energy today. £217 a month, albeit a variable rate, so the Corrupt Neo Marxist government can treat me and everyone else like an ATM machine to fund the hotels for illegals, and the Ukraine war that had nothing to do with us.
This after they put 28+ energy companies out of business by pretending to care about people with a Price Cap, now the greedy corrupt energy companies have no incentive to compete against each other, since the corrupt Marxist government killed off almost all free market competition.
Date of experience: 03 October 2023
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