THIS DAY

Royal Dutch Shell Commences Major Divestment of Assets in Nigeria

Emmanuel Addeh in Abuja JULY 31, 2021

Royal Dutch Shell has launched a major divestment of its Nigerian assets, especially those in the shallow water and onshore, several sources familiar with the matter said yesterday.

Sources close to the company disclosed that the oil giant had already hired Standard Chartered Bank to sell its Shell Petroleum Development Company of Nigeria Limited (SPDC) subsidiary, in deal which could be one of the hugest in the oil and gas industry in Africa ever. read more

REUTERS

Acquittal of Eni and Shell in Nigeria case faces legal challenge

MILAN, July 29 (Reuters) – Italian prosecutors and the Nigerian government have appealed the acquittal of Eni (ENI.MI) and Shell (RDSa.L), as well as a series of past and present managers, in a Nigerian corruption case, according to a document seen by Reuters.

POLITICO

London Science Museum signed gagging order with Shell over climate change exhibition

The London Science Museum agreed not to publicly criticize Shell as part of a sponsorship deal for an exhibition about carbon capture. 

In a contract released to campaign group Culture Unstained under freedom of information laws, the museum said it would not “make any statement or issue any publicity or otherwise be involved in any conduct or matter that may reasonably be foreseen as discrediting or damaging the goodwill or reputation of the Sponsor.” read more

CNBC

Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar

• Royal Dutch Shell on Thursday reported adjusted earnings of $5.5 billion for the three months through to the end of June, beating analyst expectations.
• The Anglo-Dutch company boosted its dividend for the second consecutive quarter and announced the launch of a $2 billion share buyback program that it aims to complete by the end of the year.
• Share prices of the world’s largest oil and gas majors have not yet followed an improvement in the earnings outlook, however, and the industry still faces a host of uncertainties and challenges.

LONDON — Oil giant Royal Dutch Shell on Thursday reported stronger-than-expected second-quarter earnings, lending further support to the energy major’s plans to reduce net debt and reward investors.

The Anglo-Dutch company reported adjusted earnings of $5.5 billion for the three months through to the end of June. That compared with $638 million over the same period a year earlier and $3.2 billion for the first quarter of 2021. read more

Shell’s failed blundering attempt to kill my royaldutchshell.website

By John Donovan (last updated 30 July 2021)

Last week, a CYBERSECURITY INTELLIGENCE outfit acting for Shell issued a 5-day ultimatum on behalf of Shell to the company hosting my royaldutchshell.website.

I would not have had a clue about the ultimatum letter if the hosting company had not tipped me off about what was going on behind my back at Shell’s direction.

For 26 years, I have used the Internet as a medium to criticise and expose Shell’s unscrupulous dishonest activities, including, for example, the Shell securities fraud that ruined Shell’s reputation. read more

Reuters

Shell to buy Inspire Energy in green energy push

Tue, July 27, 2021, 7:33 PM

The deal, by the company’s unit Shell New Energies U.S. LLC, advances Shell’s strategy to build and scale renewable and low-carbon businesses with a target to become a net-zero emissions energy business by 2050.

Shell has been seeking ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling in May.

Like other oil companies, Shell has come under investor pressure to slash planet-warming greenhouse gas emissions… read more

THE BELLINGHAM HERALD

A refinery spewed black smoke into this NW community. Now this oil giant will pay

BY YSABELLE KEMPE: JULY 26, 2021 05:10 PM

The Northwest Clean Air Agency slapped Shell with a $60,000 penalty Monday, July 26, after its Puget Sound Refinery in Anacortes spewed odorous black smoke into the air in August and September.

FULL ARTICLE

(Information from WIKIMEDIA COMMONS: The above Shell logo image is in the public domain because its copyright has expired and its author is anonymous.)

CISION PR Newswire

Shell Invests in the Whale Development in the Gulf of Mexico

NEWS PROVIDED BY Shell Offshore Inc.  Jul 26, 2021, 08:00 ET

“Whale is the latest demonstration of our focus on simplification, replication and capital projects with shorter cycle times to drive greater value from our advantaged positions,” said Wael Sawan, Shell Upstream Director. “We are building on more than 40 years of deep-water expertise to deliver competitive projects that yield high-margin barrels so that we are able to meet the energy demands of today while generating the cash required to help fund the development of the energy of the future.” read more

Image from Amnesty International UK

IMAGE SOURCE: Slick PR can’t disguise Shell’s devastating oil pollution in Nigeria

ARTICLE FROM THE NEW YORK TIMES

The Fisherwomen, Chevron and the Leaking Pipe

By Ruth Maclean July 25, 2021, 3:00 a.m. ET

Oil companies like Chevron, Shell and Eni have made billions in profits in the vast Niger Delta region in the last decades. But now some are pulling out — and they are leaving utter ruin in their wake, according to government monitors and environmental and human rights organizations. The delicate ecosystem of the Niger Delta, once teeming with plant and animal life, is today one of the most polluted places on the planet. read more

Forbes

What If Shell Followed Volkswagen’s Example In The Fight Against Climate Change?

upstreamonline.com

Shell’s Niger Delta oil-spill case to be heard in UK courts

22 July 2021 8:13 GMT UPDATED  22 July 2021 8:13 GMT

Anglo-Dutch supermajor Shell has run out of time to appeal a UK court ruling earlier this year which found that a five-year-old case on environmental pollution in the Niger Delta should be heard in the UK and not Nigeria. In February, Shell’s lawyers failed to convince the High Court in London over the jurisdictional argument that the trial would be better decided in Nigeria, although Shell was given leave to appeal but declined to do so. read more

Reuters

Shell launches sale of stakes in Malaysian oil and gas fields -document

LONDON, July 22 (Reuters) – Royal Dutch Shell (RDSa.L) launched the sale of its stakes in oil and gas fields it does not operate off the coast of Malaysia, according to a document seen by Reuters.

OILPRICE.com

Shell To Appeal Landmark Court Ruling

By City A.M – Jul 21, 2021, 11:30 AM CDT

Shell has today confirmed that it will appeal against a landmark court ruling requiring the oil giant to cut emissions faster than it had planned to.

The Anglo-Dutch firm said that it had been unfairly singled out by the ruling, which it said was not an “effective” way of tackling climate change.

In May, a court in the Hague ordered the firm to slash greenhouse emissions by 45 percent from 2019 levels by 2030. read more

After two decades of seeking justice, the District Court of the Hague ruled in May 2019 that the case could be heard in The Netherlands. In the ongoing case, the Court is assessing the role that Shell played in the ‘Ogoni Nine’ – among them my husband – being sentenced to death and executed.

THE WALL STREET JOURNAL

Shell to Appeal Dutch Court Ruling on Emissions Cuts

By Sarah McFarlane: July 20, 2021 8:24 am ET

Royal Dutch Shell PLC on Tuesday confirmed it would appeal against a Dutch court ruling calling for the oil major to reduce its carbon emissions at a faster pace, saying it was being unfairly singled out.

The energy giant said it was working toward increasing the scale and speed of its plans for cutting carbon emissions, but that the court ruling didn’t take into account the commitments it set out earlier this year to shift away from fossil fuels toward lower-carbon energy due to the timing of the hearings. read more

RTTNews

Shell To Appeal Court Ruling In Netherlands Climate Case

(RTTNews) – Royal Dutch Shell PLC (RDS-B, RDSB.L, RDSA.L, RDS-A) confirmed that it will appeal a ruling issued by the District Court in The Hague, in May 2021, that Shell must reduce its global net carbon emissions by 45% by 2030 compared to 2019 levels.

Shell said it agrees urgent action is needed and it will accelerate its transition to net zero emissions by 2050. But it will appeal because a court judgment, against a single company, is not effective. Climate change is a challenge that requires both urgent action and an approach that is global, collaborative and encourages coordination between all parties. read more