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Shell to the Rescue! Pauses Biofuel Plant, Continues Saving the World One Oil Spill at a Time

Jul 2nd, 2024
by John Donovan.
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Posted by John Donovan 2 July 2024

In a move that surprised absolutely no one, Shell has decided to slam the brakes on the construction of one of Europe’s largest biofuel plants. This groundbreaking facility in Rotterdam was supposed to churn out 820,000 tonnes of biofuels a year, half of which would be sustainable aviation fuel (SAF) made from delightful waste cooking oil and animal fat. You know, the stuff that makes your fries taste great.

Airlines, who were giddy at the thought of selling “low-carbon” flights, are now left scratching their heads. But don’t worry, Shell assures us this is just a “temporary pause.” According to Huibert Vigeveno, Shell’s downstream, renewables, and energy solutions director, “Temporarily pausing on-site construction now will allow us to assess the most commercial way forward for the project.” Translation: “We’re figuring out how to make more money off this before pretending to care about the planet again.” read more

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Shell: Gas field in Groningen must be completely closed this year, in light of earthquakes

Mar 27th, 2023
by John Donovan.
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NL TIMES

Shell: Gas field in Groningen must be completely closed this year, in light of earthquakes

SUNDAY, 26 MARCH 2023 

The gas field in Groningen must be completely closed this year, said the CEO of Shell Netherlands, Marjan van Loon. Currently, the gas field is still supplying minimal amounts of gas to keep the wells usable, but she doesn’t think that’s necessary. “It can and must be done, so the field has to be closed,” Van Loon said on the TV program WNL Op Zondag. read more

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Shell wants to buy off liability from NAM in Groningen

Feb 14th, 2022
by John Donovan.
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NETHERLAND NEWS LIVE

Shell wants to buy off liability from NAM in Groningen

jenniferruffalo

Shell wants to buy off liability for the earthquakes in Groningen in one go. That is what president-director Marjan van Loon of Shell Netherlands says in an interview with the Financieele Dagblad (FD). Shell is a half shareholder of the Nederlandse Aardolie Maatschappij (NAM), the company that carries out the drilling in Groningen. The other half is owned by ExxonMobil.

By buying off the liability, the settlement of damage caused by the earthquakes can be accelerated, according to Van Loon. The parties have been disagreeing for years about who will pay for the damage, which means that the settlement process is slow. read more

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OilPrice.com: This Supermajor Is Diving Into The Green Hydrogen Game

Feb 29th, 2020
by John Donovan.
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Haley Zaremba: Oilprice.com February 29, 2020

Hydrogen is often hailed as a silver bullet solution to emissions-free fuel since it burns clean, leaving nothing but water vapor, but the reality of using and producing green hydrogen is much more complicated. Hydrogen is already used as a power source in a lot of modern industries, including ammonia production, in refineries and as a feedstock for chemicals. The vast majority of the hydrogen in use, however, is not green hydrogen, but instead is what is known as “gray hydrogen.” While the hydrogen itself burns clean, the means of producing that hydrogen is actually fossil-fuels intensive (most often using coal or natural gas) and therefore does nothing in the way of decarbonizing the industries in which it is used. read more

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Shell Nederland admits paying no tax on profits, due to Dutch system

May 22nd, 2019
by John Donovan.
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MAY 22 2019

Anglo Dutch Oil and gas giant Shell has admitted paying no tax on profits earned in the Netherlands in an interview with current affairs magazine Elsevier.

In the interview, Shell Nederland president Marjan van Loon and Alan McLean, the multinational’s executive vice-president taxation, say that even though Shell Nederland makes a profit – €1.3bn in 2017 – the company is loss making, ‘as a natural consequence of the Dutch tax system’.

In the Netherlands Shell, McLean told the magazine, ‘pays fair tax in line with both the letter and the spirit of the law.’ read more

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Shell Netherlands CEO changes tune on tax avoidance appearance

Apr 11th, 2019
by John Donovan.
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AMSTERDAM (Reuters) – The chief executive of Shell’s Dutch business said on Thursday she is willing to attend a parliamentary panel on tax avoidance by multinational companies, but she will not discuss Royal Dutch Shell Plc’s tax filings.

Marjan van Loon had initially declined the invitation, saying it made more sense for the Netherlands’ business association to represent all taxpaying companies.

She then said she would attend the April 18 meeting after Dutch lawmakers insisted that a Shell representative should be present. read more

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Dutch MPs – Shell must attend hearing on tax avoidance

Apr 10th, 2019
by John Donovan.
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APRIL 10, 2019 / 5:40 PM

AMSTERDAM (Reuters) – Members of the Dutch parliament’s financial affairs committee on Wednesday said they will insist that Shell send a representative to attend a hearing on tax avoidance by multinationals next week.

Shell’s Dutch Chief Executive had previously declined an invitation, saying it made more sense for the Netherlands’ business association to represent all taxpaying companies.

But at a meeting of the committee on Wednesday, politicians of all parties said they wanted Shell to attend. Lawmaker Pieter Omtzigt said in a statement the parties had unanimously asked parliament’s chairwoman to “forcefully” ask Shell to come. read more

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How Exxon and Shell used hundreds of millions from the Dutch state treasury to deny Groningen gas field earthquake damage claims

Sep 29th, 2018
by John Donovan.
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This article is an English translation of a revealing article by Dutch journalist Sam Gerrits published on the website FOLLOW THE MONEY. It is about the sleazy repercussions of the earthquakes blighting NAM’s operation of the Groningen Gas Field. NAM (The Dutch Petroleum Company) is a Shell/Exxon joint venture company.

This story starts in 1959, almost sixty years ago. Jan de Quay of the Catholic People’s Party (KVP) ruled the country. The first DAF cars came from the factory in Eindhoven, the first Barbie dolls from the molds of Mattel in California. Alaska and Hawaii joined as 49th and 50th with America. And in Slochteren gas was found in the beetroot fieldof farmer Boon. That soon turned out to be the largest gas field in Europe.

Thanks to it’s large population density, the Netherlands was the perfect place to build a natural gas network. The Texan Exxon engineer Douglass Murray Stewart calculated for the then Minister of Economic Affairs Jan de Pous that the state, by selling gas directly to households, and not power plants, could earn three times as much. The state would receive the lion’s share of the profits; Stewart’s plan was heard. read more

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Question-mark over NAM Groningen Earthquake Damage Guarantees

Jul 3rd, 2018
by John Donovan.
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Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad. NAM is the Shell/Exxon Joint Venture company responsible for the earthquake blighted Groningen Gas Field and consequential potential bill for untold billions to deal with damaged residences.

Nijboer wants reaction from cabinet to NAM guarantees

Carel Grol • Entrepreneurship

Member of Parliament Henk Nijboer (PvdA) wants a response from the government to the message in the FD that Shell and ExxonMobil offer limited security with the NAM agreement. Lawyer and professor Steef Bartman of Leiden University wrote in an opinion piece in this newspaper on Monday, in which he wondered whether NAM can fulfill its obligation to damage and strengthen at any time.

A week ago Minister Eric Wiebes of Economic Affairs concluded a deal with Shell and ExxonMobil. The oil companies said they stood surety for ‘Groningen’. However, a number of provisions leave room for Shell and ExxonMobil to renegotiate in the future the guarantees issued and the financial distribution of gas revenues. read more

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NAM Groningen earthquakes cause major social unrest

Feb 2nd, 2018
by John Donovan.
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Thousands of people protested in Groningen against natural gas drilling. Photo: Joris van Gennip

Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad

2 February 2018

Minister Wiebes opts for security in sensitive files

Louis Hoeks Carel Grol • Economics & Politics

Minister Eric Wiebes of Economic Affairs and Climate has chosen a party. The safety of the Groningen population goes beyond economic interests. He is going to halve the gas revenues from the Groningen gas field, even though it undermines the so-called security of supply.

The State Supervision of Mines (SSM) advised Thursday Thursday to reduce gas production to 12 billion cubic meters per year. Last year that was just under 24 billion cubic meters. In 2013, 52 billion cubic meters were won. read more

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‘With this ambition we embrace the Paris goals at Shell’

Jan 9th, 2018
by John Donovan.
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Marjan van Loon, CEO of Shell Nederland. Photo: Wiebe Kiestra for the FD

Printed below is an English translation of an article recently published by the Dutch equivalent of the Financial Times, Financieele Dagblad under the headline ‘With this ambition we embrace the Paris goals at Shell’.

By Bert van Dijk • Energy Editor

Shell wants to drastically reduce its CO₂ footprint in the world. The CO₂ footprint must be halved in 2050 not only for its own activities, but also for the end-use of its products. That recently launched ambition is a world first. It is the first time that a large oil and gas company expresses such measurable climate ambitions.Marjan van Loon, CEO of Shell Netherlands. read more

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Interview – Shell Netherlands CEO: More large wind projects wanted

Oct 5th, 2017
by John Donovan.
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Toby Sterling, Stefano Berra: OCTOBER 5, 2017

AMSTERDAM (Reuters) – As the Netherlands struggles to meet its renewable energy goals, Shell’s country chief executive sees its role as the architect of big, high-risk projects such as wind turbine farms — for the time being.

In an interview, Marjan van Loon said Shell had joined a coalition of companies urging the Dutch government to greatly increase its ambitions for offshore wind farms from its current plan for 5 tenders of 700 megawatt farms. read more

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