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Shell’s Prelude gas ship hit by safety, crewing and industrial problems

WAtoday

Shell’s Prelude gas ship hit by safety, crewing and industrial problems

By Peter Milne:

Shell is running its $23 billion Prelude floating LNG plant with critical positions filled by crew who are not fully qualified, and more than 200 safety alarms out of action, ahead of industrial action due to start on Friday.

Gas exports recommenced from the world’s largest floating vessel just two months ago after it was shut down for four months following a complete power failure in December that the offshore safety regulator said could have led to a “catastrophic failure”. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Climate pressure from employees, shareholders rattles Big Oil

The Washington Post

Climate pressure from employees, shareholders rattles Big Oil

By : May 27, 2022 at 9:09 a.m. EDT

Five years ago, Shell chief executive Ben van Beurden sat down for an interview with The Washington Post and said “we believe that climate change is real. We believe that the threat of climate change is real. And we believe that action is needed.”

Then he added: “It doesn’t mean we have to kiss hydrocarbons goodbye. In fact, we can’t. But it does mean that we have to make more intelligent choices.”

Today, however, Shell and other oil companies are under fire from those who don’t believe industry leaders are making intelligent choices. Dissident shareholders sought to use annual meetings to press their cases this week. And at Shell’s annual meeting in London on Tuesday, dozens of climate activists wore “Christian Climate Action” T-shirts and rhythmically chanted “we will, we will stop you,” forcing the company’s chairman to halt the proceedings for over an hour. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell escaped liability for oil spills in Nigeria for years. Then four farmers took them to court — and won

CNN

Shell escaped liability for oil spills in Nigeria for years. Then four farmers took them to court — and won

Nigeria (CNN)When Nigerian environmental lawyer Chima Williams launched a lawsuit against oil giant Shell plc, he did not envisage a 13-year battle that would lead to a landmark ruling and land him a prestigious environmental award.

Williams, who is the executive director of the Environmental Rights Action/Friends of the Earth Nigeria, successfully convinced the Court of Appeal in the Hague that Shell plc was responsible for the activities of its subsidiary in Nigeria — Shell Petroleum Development Company of Nigeria (SPDC) — and for oil spills that ravaged local farmlands.

The suit against Shell Nigeria was brought by four farmers from the Goi and Oruma communities in the country’s oil-rich but impoverished Niger Delta region, who said their farms were left in ruins after major spills from underground pipelines.

The decision to allow Shell plc, formerly known as Royal Dutch Shell plc, to be sued in this jurisdiction set a precedent as it was the first time the Dutch parent company was sued in its home country for the actions of its foreign subsidiary, SPDC.

Environmental lawyer Chima Williams is the 2022 Africa Goldman Prize winner for his efforts in holding oil giant Shell accountable for oil spills.

Shell Nigeria (SPDC) was eventually held liable for the oil spills and ordered to pay damages to the farmers in a January 29, 2021, ruling by the Court of Appeal of the Hague. SPDC was also ordered to carry out an intensive clean-up of the damage to the communities.

Williams was on Wednesday awarded the Goldman Environmental Prize for his work in holding the company accountable for the environmental damage. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Climate protesters block start of Shell shareholder meeting

Reuters

Climate protesters block start of Shell shareholder meeting

By Shadia Nasralla and Ron Bousso:

LONDON, May 24 (Reuters) – A couple of dozen climate protesters disrupted Shell’s (SHEL.L) annual general meeting (AGM) on Tuesday, chanting slogans and holding banners as Shell Chair Andrew Mckenzie tried to start the meeting.

Shell is due to ask its shareholders to vote on a resolution supporting its climate strategy and rebuff a climate resolution from activists, another iteration of which garnered 30% of votes at last year’s AGM. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell Climate Case to Return to Focus at Annual Shareholder Meeting

Bloomberg

Shell Climate Case to Return to Focus at Annual Shareholder Meeting

Laura HurstBloomberg News

(Bloomberg) — Climate issues are set to take center stage at Shell Plc’s annual general meeting on Tuesday, with a key group saying the energy giant isn’t abiding by a landmark court order requiring it to cut emissions by 45% by 2030.  

Milieudefensie, the Dutch arm of Friends of the Earth, says Shell’s plans around customer-related emissions — which make up the bulk of its pollution — aren’t in line with last year’s judgment. The group originally brought the case against the company.

“The judge’s verdict is clear and necessary: Shell must stop causing dangerous climate change,” said campaign spokesperson Nine de Pater, who plans to attend the meeting in London as a proxy shareholder.  read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Contractor resigns from Shell with warning to staff about ‘extreme harm’ to planet

skynews

They’re ignoring all the alarms’: Contractor resigns from Shell with warning to staff about ‘extreme harm’ to planet

Caroline Dennett told Sky News that working for Shell was no longer morally compatible with her beliefs about how best to protect the planet and the people who live on it.

: Climate change correspondent : Monday 23 May 2022 15:44, UK

A safety consultant who spent more than a decade working as a contractor for Shell has publicly resigned, claiming the oil and gas company is causing “extreme harm” to the planet. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Clifford Chance to handle Shell’s appeal against sensational defeat in the Milieudefensie case

Clifford Chance to handle Shell’s appeal against sensational defeat in the Milieudefensie case

The following are translated extracts from an article published on 19 May 2022 by the Dutch financial newspaper, the fd.

By Martijn Pols and Joris Polman.

Oil company Shell has set aside house lawyer De Brauw Blackstone Westbroek after the sensational defeat against Milieudefensie. Exactly one year ago, the judge forced Shell to tighten up its climate policy.

Shell appealed but had no confidence in a good outcome with De Brauw by its side. Lawyers for British Clifford Chance can now make another attempt. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Climate-focused Dutch funds to take lead on Shell investor engagement

Reuters

Climate-focused Dutch funds to take lead on Shell investor engagement

By  and : MAY 19, 2022

LONDON, May 19 (Reuters) – Two climate-focused Dutch pension fund managers have been named to lead climate negotiations with Shell (SHEL.L) on behalf of a major group of investors that helped shape the energy company’s drive to cut greenhouse gas emissions.

MN and PGGM will officially take the role on behalf of the Climate Action 100+ (CA100+) investor group comprising $68 trillion in assets following Shell’s annual general meeting on May 24, MN said on Thursday. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell boss faces investor rebellion over £13.5m pay package

The Guardian

Shell boss faces investor rebellion over £13.5m pay package

Pirc urges shareholders at AGM to vote against Ben van Beurden’s ‘excessive’ pay

Alex Lawson Energy correspondent: Wed 18 May 2022 15.16 BST

The chief executive of Shell is facing an investor revolt over his £13.5m pay packet, as oil and gas firms battle growing calls for a windfall tax on their profits.

The investment adviser Pirc has urged shareholders to vote against Ben van Beurden’s pay packet at next week’s annual general meeting, calling it “excessive”. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

‘Carbon bombs’ set to trigger catastrophic climate breakdown

The Guardian

Revealed: the ‘carbon bombs’ set to trigger catastrophic climate breakdown

Exclusive: Oil and gas majors are planning scores of vast projects that threaten to shatter the 1.5C climate goal. If governments do not act, these firms will continue to cash in as the world burns

by Damian Carrington and Matthew Taylor: Wed 11 May 2022

The world’s biggest fossil fuel firms are quietly planning scores of “carbon bomb” oil and gas projects that would drive the climate past internationally agreed temperature limits with catastrophic global impacts, a Guardian investigation shows. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Big Oil braces for shareholder revolt over climate plans in proxy voting season

CNBC

Big Oil braces for shareholder revolt over climate plans in proxy voting season

Sam Meredith@SMEREDITH19

  • Oil and gas majors on both sides of the Atlantic are scheduled to hold their annual general meetings in the coming weeks.
  • The forthcoming proxy season comes amid intensifying pressure on Big Oil to set short- and medium-term targets in line with the landmark Paris Agreement.
  • At present, not a single oil and gas major is aligned with the Paris Agreement’s goal of curbing global heating to 1.5 degrees Celsius above pre-industrial levels.

LONDON — Some of the world’s largest corporate emitters face the prospect of a shareholder rebellion this month, with climate-related votes poised to spike throughout the proxy season.

Oil and gas majors on both sides of the Atlantic are scheduled to hold their annual general meetings in the coming weeks. Existing climate strategies are up for votes alongside a range of investor-led resolutions targeting emissions reductions. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Windfall tax on energy firms still an option

BBC NEWS

Windfall tax on energy firms still an option

By Simon Jack: Business editor: 11 May 2022

A windfall tax on big oil and gas companies to help tackle the soaring cost of living has not been ruled out, sources close to the chancellor say.

Officials say Rishi Sunak is still open to the idea if firms do not reinvest their bumper profits in the UK.

Current policy is still based on the tax deterring investment in new oil and gas fields and green technologies.

Prime Minister Boris Johnson warned last week it could put future UK energy security at risk. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Oil Giants Sell Dirty Wells to Buyers With Looser Climate Goals, Study Finds

Oil Giants Sell Dirty Wells to Buyers With Looser Climate Goals, Study Finds

The transactions can help major oil and gas companies clean up their own production by transferring polluting assets to a different firm, the analysis said.

: May 10, 2022

When Royal Dutch Shell sold off its stake in the Umuechem oil field in Nigeria last year, it was, on paper, a step forward for the company’s climate ambitions: Shell could clean up its holdings, raise money to invest in cleaner technologies, and move toward its goal of net zero emissions by 2050. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell plc publishes first quarter 2022 press release

Shell plc publishes first quarter 2022 press release

London, May 5, 2022

“The war in Ukraine is first and foremost a human tragedy, but it has also caused significant disruption to global energy markets and has shown that secure, reliable and affordable energy simply cannot be taken for granted. The impacts of this uncertainty and the higher cost that comes with it are being felt far and wide. We have been engaging with governments, our customers and suppliers to work through the challenging implications and provide support and solutions where we can. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell profits jump 43% to £7.2 billion amid calls for windfall tax

Evening Standard

Shell profits jump 43% to £7.2 billion amid calls for windfall tax

By Oscar Williams-Grut City Editor @OscarWGrut: 5 May 2022

Oil giant Shell has announced a huge jump in profits amid growing calls for a windfall tax on oil and gas giants.

Royal Dutch Shell reported underlying profits of $9.1 billion (£7.2 billion) in the first quarter, up 43% on the final three months of 2021 thanks to soaring oil and gas prices.

The huge profits are likely to reignite calls for a windfall tax on energy giants. A one-off tax on BP and Shell alone could raise £9 billion for the Treasury, the Liberal Democrats estimate. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Friends of the Earth warns Shell directors they face personal liability if energy firm doesn’t clean up its act

Daily Mail

Friends of the Earth warns Shell directors they face personal liability if energy firm doesn’t clean up its act

Shell directors risk ‘personal liability’ if they fail to boost the energy giant’s green credentials, an environmental group has claimed.

The threat to senior figures, including chief executive Ben van Beurden, was made in a recent letter from Friends of the Earth’s Netherlands branch, Milieudefensie. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.
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