Oil Company Profits

Dutch Government Refuses to Reveal What It Knows About Shell Tax Leaks — Citing Tax Secrecy

Parliament asked whether Shell’s leaked transfer-pricing arrangements were known to the Dutch tax authority and whether they complied with the law. The government’s answer, in substance: it cannot say.

“Shell rejects allegations of improper tax avoidance or illegality.”

A fresh Dutch parliamentary response has added an important new layer to the controversy surrounding the Shell Files — the cache of leaked Shell transfer-pricing documents published this summer by SOMO and Follow the Money.

On 5 October 2026, Dutch State Secretary for Finance E. Eerenberg answered a detailed series of parliamentary questions about Shell’s transfer pricing.

The questions went directly to the heart of the affair.

Did the Dutch tax authorities know what Shell was doing?

Were the arrangements arm’s length? 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 Boss Warns Oil Pain Could Drag On for a Year — As Shell Sits Pretty in the Crisis Chair

Disclaimer: This article is commentary and satire based on publicly reported information. It includes opinion, criticism, and parody. Site wide disclaimer also applies.

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 marched back into the headlines with another sermon from the high altar of hydrocarbons: oil markets, we are told, may take “a year, if not longer” to return to equilibrium.

Translation for ordinary mortals: buckle up, keep paying, and please admire the corporate gravitas while the till keeps ringing.

According to Reuters, Shell chief executive Wael Sawan warned that restoring balance to the crude oil market after the Iran/Persian Gulf disruption will not be a quick job. The Wall Street Journal also reported Sawan’s broader message: oil and gas prices may keep rising even after the immediate conflict eases, because the world’s hunger for energy is still growing, easy resources are harder to find, and governments are now treating energy security as national security. 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’S INVESTOR LOVE-IN: CLIMATE WORRIES AT THE WINDOW, CASH RETURNS AT THE ALTAR

As Shell faces fresh investor pressure over its fossil-fuel-heavy future, shareholders still mostly backed the board. Because apparently nothing says “responsible capitalism” quite like applauding the oil-and-gas machine while asking whether it might someday notice the planet is on fire.

PART ONE: FACT-BASED TABLOID DEEP DIVE

SHELL UNDER FIRE — BUT THE INVESTOR ROMANCE CONTINUES

Shell has once again performed its favourite corporate magic trick: standing in the middle of a climate controversy while keeping enough investors sweet with the soothing lullaby of dividends, buybacks, and fossil-fuel confidence.

The latest Yahoo Finance report says Shell is “under fire” as some investors remain uneasy about the company’s long-term vision — specifically whether a strategy still leaning heavily on oil and gas can survive the global transition towards cleaner energy. The immediate flashpoint was Shell’s 2026 annual general meeting in London, where climate-minded investors tried to force the company to explain how it would create shareholder value if oil and gas demand falls. 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 BACK IN THE CLIMATE DOCK: THE OIL GIANT, THE DUTCH SUPREME COURT, AND THE WORLD’S MOST EXPENSIVE GAME OF “NOT OUR FAULT”

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

*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 STAFF REVOLT: WHEN EVEN THE PEOPLE INSIDE THE OIL MACHINE START COUGHING AT THE FUMES

Current and former Shell employees have publicly challenged the company’s climate strategy — raising the awkward question Shell would rather bury beneath a tanker-load of LNG: what happens if the fossil-fuel future it is betting on does not arrive?

DISCLAIMER

This article is opinion and satirical commentary based on cited public sources. It is not financial advice, investment advice, or a recommendation to buy, sell, or hold any security. Readers should conduct their own research and seek professional advice where appropriate. Site wide disclaimer also applies.

PART ONE: FACT-BASED TABLOID DEEP DIVE

THE CALL IS COMING FROM INSIDE THE REFINERY

There are bad days in corporate public relations, and then there is the very special sort of day when your own current and former employees publicly challenge your climate strategy at your AGM.

That, according to the NL Times, is what Shell faced on Tuesday, 19 May 2026, when a group of current and former Shell employees challenged the company’s climate strategy at its shareholder meeting in London. 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’s Climate Disclosure Showdown: Investors Want the Receipts, Shell Wants the Room to Talk LNG

Disclaimer: This article is satirical commentary based on publicly reported information. Site wide disclaimer also applies.

Shell is heading into another climate-governance scrap, and this time the rebels have changed the packaging. No longer is the shareholder pressure simply framed as “please save the planet.” The new line is sharper, colder, and harder for a board to wave away: show investors how Shell plans to make money if oil and gas demand declines.

According to IPE, major pension funds representing more than €1 trillion in assets are seeking support for pressure on Shell over climate disclosure ahead of its AGM, following a shareholder revolt at BP over similar issues. The push centres on whether Shell should disclose how it would create shareholder value under scenarios of falling oil and gas demand. 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, Iran and the Oil Shock: When War Turns the Petrol Pump Into a Cash Machine

Disclaimer: This article is commentary and satire based on publicly available reporting and cited sources. Allegations are stated as allegations unless established by courts, regulators or official records. Site wide disclaimer also applies.

1. Fact-based tabloid-style deep dive

The Iran war has turned the oil market into a giant geopolitical slot machine: missiles in the Gulf, tankers rerouted, fuel traders sweating, politicians panicking, and ordinary households once again told to “brace for impact” while Big Oil checks the share price. 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’s War-Volatility Jackpot: Nothing Says “Energy Transition” Like $6.9 Billion and Another Fossil-Fuel Shopping Trip

AI image concept: A giant Shell logo-shaped cash register sitting on an oil-slicked shoreline, ringing up “$6.9bn” while distant tankers pass through a smoky, war-lit Strait of Hormuz. In the foreground, a tiny green sapling labelled “transition” is being watered with a golden petrol pump nozzle

DISCLAIMER: This article is opinion/commentary. It is not financial advice, investment advice, or a recommendation to buy, sell, or hold any security. It relies on publicly available reporting, company statements, and cited sources. Site wide disclaimer also applies.

The war dividend nobody wants to call a war dividend

There are quarters when an oil major merely makes money, and then there are quarters when the geopolitical horror show performs like an unpaid member of the trading desk.

Shell’s first quarter of 2026 appears to sit firmly in the second category. The company reported adjusted earnings of about $6.9 billion, more than double the previous quarter and above analyst expectations, helped by market volatility linked to the Iran war and disruption across global energy routes. The Times reported that Shell’s adjusted profits rose 23% year-on-year and were more than double the previous quarter, with trading, refining, marketing and gas-market volatility doing much of the heavy lifting. 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.

“SUE US IF YOU CAN!”: Shell’s Climate Lawsuit Playbook: Deny, Delay… and Definitely Don’t Panic

Dozens of lawsuits. Billions at stake. A warming planet. Shell’s response? A slick explainer calmly suggesting it’s all… very complicated.

⚖️ BIG OIL’S NEW FAVOURITE GENRE: THE SELF-DEFENCE FAQ

When most companies face a wave of lawsuits, they lawyer up quietly.

Shell?

It publishes a helpful online guide explaining why it’s being sued—and why, essentially, none of it is really its fault.

👉 Read Shell’s own version here

Think of it as:

“Climate Litigation: Frequently Asked Questions (By the Defendant)”

🌍 THE CORE DEFENCE: “IT’S EVERYONE’S PROBLEM”

Shell’s central line is elegant—and extremely useful:

Climate change is a global issue requiring “system-wide action.”

Translation:

“Why are you singling us out?”

It’s a clever pivot. 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.

The Chairman’s Statement: Strategic Clarity Through Carefully Managed Ambiguity

Part of our ongoing satirical reading of the Shell Annual Report — so you don’t have to. Strategic clarity achieved through the careful arrangement of reassuring phrases

Another year, another Shell annual report.

For the uninitiated, the Chairman’s Statement is the part of the report where the company reflects on global events, celebrates strategic achievements and reassures investors that everything is proceeding according to plan — even when the plan appears to change every year.

Dear Shareholders,

The past year has been one of continued complexity.

Geopolitical tensions persisted, energy markets remained volatile, and the global energy transition continued to develop in ways that are both urgent and extremely inconvenient for companies whose profits depend on hydrocarbons. 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 Faces Lawsuit Over Climate Disaster; Issues Standard Denial, Then Resumes Profiting From Collapse

By Shell News Article Generator | December 11, 2025

“It’s not our typhoon. We just warmed the planet it formed on.”

Shell’s Christmas Gift to the Philippines: Typhoon, Then a Shrug

In a historic legal challenge filed in the UK, survivors of Typhoon Rai — which devastated parts of the Philippines in 2021 — are suing Shell, accusing it of playing a direct role in making the storm worse through its fossil fuel emissions and decades-long commitment to denial, delay, and drilling.

Shell’s response? A firm, well-lubricated “Not it!”

“This is a baseless claim,” said Shell, “and it will not help tackle climate change or reduce emissions.” 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.

When Optimists Blink: What the Shell Downgrades Really Say

Shell’s logo and a stock-market chart: after a strong run in the share price, even friendly analysts have started to blink.

Disclaimer: This is commentary on Shell’s conduct, reputation and long-term risks based on public information. It is not investment advice.

For years, Shell has sold itself as the safest of safe bets: giant cash flows, fat payouts, and a share price that always seems to find a way back up.

So when two of the City’s own cheerleaders quietly step back, it’s worth paying attention.

Over the past few weeks:

  • UBS has cut Shell from “Buy” to “Neutral”, trimming its price target from 3,200p to 3,000p and warning that, after about a 12% rally this year, the shares are “no longer cheap.” 

    Wolfe Research has already moved Shell from “Outperform” to “Peer Perform”, flagging the way Shell’s $3.5 billion per quarter buybacks risk being funded by rising debt rather than surplus cash.  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’s London Escape Route: Is the Oil Giant Preparing to Jump to New York?

Here’s the latest on Shell plc’s plan to move its listing to New York — with an investigative, critical lens.

By John Donovan (with AI collaboration)

21 October 2025

When a corporate behemoth begins to flirt with another stock exchange, the romance is rarely innocent. Shell plc — once Royal Dutch Shell plc, before dropping the “Dutch” as neatly as a discarded partner — is now openly courting Wall Street.

The CEO, Wael Sawan, has been muttering about “value gaps” and “unlocking potential,” code for what London traders hear as: we’re tired of being undervalued in a city that drinks warm beer instead of crude profits. 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.

Big Profits, Bigger Spin

Shell Rakes in Billions, Touts LNG & Trading Gains — Because Cashill isn’t Climate

Big Profits, Bigger Spin

Shell has released a Q3 2025 trading update that reads like a corporate victory lap. According to OilPrice, the company expects its Integrated Gas (LNG + trading/optimization) business to deliver “significantly higher” results compared to Q2. Refining margins are forecast to jump to $11.60 per barrel (from $8.90). Upstream production is guided to 1.79–1.89 million barrels of oil equivalent per day. Meanwhile, LNG liquefaction is expected to rise to 7.0–7.4 million metric tons.

OilPrice: “Shell’s Q3 Profit Soars…” 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 Exec sick and tired about lying…

Let me tell you a story.

A story of billions—of barrels, of dollars, and of lies.

A story of how one of the most powerful oil companies on Earth, Shell, got caught inflating its most precious asset: oil reserves.

Because in the oil business, reserves aren’t just numbers.

They are everything.

They represent future profits, shareholder confidence, executive bonuses.

They are the oil industry’s currency of credibility.

And Shell? Shell cooked the books.

In January 2004, Shell shocked the financial world by slashing its previously declared “proven” reserves by nearly 4 billion barrels—around 20% of what it had claimed. 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 Says Trump Tariffs Are Even More Taxing on Its Future Bets Than Its Supply Chains—Investors, Beware

Shell, Tariffs & That Unraveling Investment Climate

Shell’s President of Projects & Technology, Robin Mooldijk, recently confessed what many were thinking: the impact of U.S. President Donald Trump’s tariffs goes far beyond irritating supply chains—it’s messing with Shell’s appetite to invest. Global economic uncertainty, he says, is doing more damage than just higher costs. 

“The primary effect is on our supply chain. It becomes more expensive and for a company like Shell it’s something that we could actually deal with,” Mooldijk told The Economic Times. “But the bigger (effect) is even on the investments. Does it change the business climate and the supply-demand balance to the extent that—a little bit cheaper or a little bit more expensive project, doesn’t really matter—do we want to do it or not.”  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.