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Shell can proceed with seismic survey after environmental groups lose urgent court bid

fin24

Shell can proceed with seismic survey after environmental groups lose urgent court bid

Lameez Omarjee

  • A high court has dismissed an urgent application to block Shell from proceeding with a seismic survey off the Eastern Cape coast.
  • Judge Avinash Govindjee said that he was not convinced that there is cause to fear “irreparable harm” if an urgent interdict was not granted.
  • Meanwhile communities on the Wild Coast have also filed an urgent application to block the seismic survey.

A South African high court has dismissed an urgent application to block Shell from proceeding with a seismic survey off the Eastern Cape coast.

The ruling was delivered by Judge Avinash Govindjee at the Eastern Cape Division of the Makhanda High Court on Wednesday.

Earlier this week, four environmental and human rights organisations – Greenpeace Africa, Natural Justice, the Border Deep Sea Angling Association, and the Kei Mouth Ski Boat Club – filed an urgent application to block the seismic survey, given the alleged harm it would case to the environment and marine life. read more

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

Nigerians in Oil-Rich Delta Pin Hope on U.K. Trial Against Shell

Bloomberg

Nigerians in Oil-Rich Delta Pin Hope on U.K. Trial Against Shell

=&0=&(Bloomberg) — Dec 2, 2021

In the heart of Nigeria’s oil region, communities and their leaders see a U.K. court as their best chance to resolve a legacy of environmental damage in the area that they blame on Royal Dutch Shell Plc.

More than 40,000 residents of the crude-rich Niger Delta were permitted by the U.K. Supreme Court in February to seek compensation over pollution, allegedly caused by Shell, in a reversal of two previous rulings. The communities see this process as a guarantor of their legal rights, even if Shell were to follow through on its plans to exit some of the oilfields. A date for a trial hasn’t been set. read more

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

Shell’s seismic survey will cause ‘irreparable harm’ to sea life, including migrating whales along the Wild Coast in December

Mail&Guardian

Shell’s seismic survey will cause ‘irreparable harm’ to sea life, including migrating whales along the Wild Coast in December

: 2 Dec 2021

Avirtual court sitting in Makhanda has heard arguments between oil giant Shell and a group of environmental and human rights organisations opposed to its plans to explore the ecologically sensitive Wild Coast for oil and gas.

On Monday night, the Border Deep Sea Angling Association, Kei Mouth Ski Boat Club, Natural Justice and Greenpeace Africa applied for an urgent interim interdict to stop Shell from embarking on its 3D seismic survey between Morgan Bay and Port St Johns, which was scheduled to start on Wednesday. read more

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

Pulling the switch: how to find a new clean energy provider in Australia

The Guardian

Pulling the switch: how to find a new clean energy provider in Australia

With the sale of electricity provider Powershop to Shell, many customers drawn to good climate credentials are pondering their options

Rafqa Touma: Tue 30 Nov 2021 23.00 GMT

Since multinational energy giant Royal Dutch Shell expanded into Australia’s residential electricity market by purchasing our greenest power company, Powershop Australia, many of Powershop’s 185,000 customers have apparently considered jumping ship. read more

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

Dutch MPs revive plan for exit tax to deter Shell move

THE TIMES

Dutch MPs revive plan for exit tax to deter Shell move

Bruno Waterfield, Jonathan Ames, Emily Gosden: The Times

A plan by the Dutch government to try to persuade Royal Dutch Shell to retain its Netherlands headquarters by scrapping a dividend tax has been abandoned after failing to garner enough support.

Opposition Dutch MPs are, however, seeking to revive alternative plans to impose an “exit tax” that could run to billions of pounds in an attempt to deter Shell from leaving by punitive means.

The Anglo-Dutch oil group provoked a furious backlash in the Netherlands on Monday when it announced it would move its tax residence and headquarters to the UK, where it is incorporated, in a plan to end its dual share structure. read more

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

Shell wants to move headquarters amid cleaner energy shift

The Washington Post

Shell wants to move headquarters amid cleaner energy shift

By Associated Press: Today at 6:58 a.m. EST LONDON — Royal Dutch Shell proposed moving its headquarters from the Netherlands to the United Kingdom and streamlining its structure Monday in hopes of making it easier to move forward in a world transitioning away from a dependence on fossil fuels.

The company, which has been incorporated in the U.K. with Dutch tax residency and dual class shares since 2005, said it wanted to move to a more conventional structure to be able to make the company more competitive as it seeks to meet the challenges of shifting toward cleaner energy.

Dutch officials said they were “unpleasantly surprised” by the move.

“The government deeply regrets that Shell wants to move its head office to the United Kingdom,” Dutch Economic Affairs and Climate Minister Stef Blok said. “We are in talks with the top of Shell about the implications of this move for jobs, critical investment decisions and sustainability.” read more

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

Governments and Big Oil were first. The next wave of climate lawsuits will target banks and boards

CNBC

Governments and Big Oil were first. The next wave of climate lawsuits will target banks and boards

Sam [email protected] :PUBLISHED THU, NOV 11 20212:26 AM EST

GLASGOW, Scotland — Financial institutions and individual board members could be the next targets of climate litigation cases, according to the campaigners who helped to secure a landmark courtroom victory against oil giant Royal Dutch Shell.

It comes at a time when countries are scrambling to reach consensus in the final days of the COP26 climate summit. Negotiators from 197 countries are taking part in discussions with the goal of keeping the all-important global target of 1.5 degrees Celsius alive. read more

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

Concentrated attack on shellnazihistory.com website

By John  Donovan

A concentrated anonymous effort is underway to kill or hack our shellnazihistory.com website.

There is clearly malicious intent. 

According to Jetpack Monitoring, a bombardment of almost 50,000 *total blocked brute force attacks were made on the website Shell Nazi History .com in the last month. See Jetpack screenshot below.

We can only speculate on who might have the motive and any prior form to take such sinister action against a non-commercial entirely free to use highly informative website? The site includes undisputed evidence from Shell’s own files, that Shell’s support for the Nazis resulted in the deaths of Shell employees. read more

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

Shell and BP paid zero tax on North Sea gas and oil for three years

The Observer: Shell and BP paid zero tax on North Sea gas and oil for three years

Jon Ungoed-Thomas: Sat 30 Oct 2021 20.15 BST

Shell and BP, which together produce more than 1.7bn tonnes of greenhouse gases a year, have not paid any corporation tax on oil and gas production in the North Sea for the last three years, company filings reveal.

The oil giants, which have an annual global footprint of greenhouse gases more than five times bigger than Britain’s, are benefiting from billions of pounds of tax breaks and reliefs for oil and gas production. read more

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

Third Point set to play long game in pressuring Shell

REUTERS

Third Point set to play long game in pressuring Shell

By  Oct 29 (Reuters) – When investors saw Daniel Loeb’s Third Point LLC unveil a stake in Royal Dutch Shell (RDSa.L), some were quick to make the comparison to Exxon Mobil Corp (XOM.N), whose board was challenged this year by another hedge fund, Engine No. 1.

Yet Third Point plans to follow a different tack, according to people familiar with its plans. It has not put forward any board nominees or threatened the chief executive’s job and there are no immediate plans to do so, the sources said.

Instead, the $19 billion fund outlined its suggestions to Shell in a letter to its own investors, making for a low-key introduction of its hopes for the $190 billion oil company.

Third Point’s founder, billionaire investor Daniel Loeb, wants the Anglo-Dutch company to separate its oil and gas business from its renewable-energy and liquefied-natural-gas operations. read more

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

Shell Breakup Would Get It Out of ‘Strategic Jail,’ Analyst Says

Bloomberg

Shell Breakup Would Get It Out of ‘Strategic Jail,’ Analyst Says

Royal Dutch Shell Plc should use an activist investor’s push to break up the company as an opportunity rather than a threat, according to analyst Paul Sankey.

“We put it to Shell management: This is your chance to get out of strategic jail!” Sankey wrote in a note Thursday. “Blame the mean N.Y. Hedge Fund for forcing your hand, and use this opportunity for radical change.”

He added that Shell could be split four ways: LNG-to-power, refining and chemicals, a Shell-branded gas station business, and a conventional oil and gas producer… read more

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

Shell fires back at investor attack branding Dan Loeb’s break-up calls “symbolism

Ben van Beurden… “It’s disappointing that long-term investors run away from a company leading in its field and trying to do the best for society, but we understand the symbolism.”

London Evening Standard

Shell fires back at investor attack branding Dan Loeb’s break-up calls “symbolism

By Simon Freeman: 28 Oct 2021

SHELL boss Ben Van Beurden today mounted a forthright defence against calls to split up his company, saying profits from its oil and gas operations will be vital in funding the transition to a low-carbon future. read more

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

Shell comes under attack from Wall Street raider

The Telegraph

Shell comes under attack from Wall Street raider

Third Point demands energy giant place oil operations into a separate business after taking £545m stake

Shell has come under attack from a Wall Street raider demanding a break-up of the oil and gas giant after taking a stake worth about $750m (£545m).

Dan Loeb’s Third Point said it had been “a difficult two decades” for shareholders in the FTSE 100 company, which it claimed was now torn between conflicting interests over climate change.

He believed Shell should put its oil and refining operations into a separate business focused on returning cash to shareholders. 

FULL ARTICLE read more

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

One of world’s biggest pension funds to stop investing in fossil fuels

The Guardian

One of world’s biggest pension funds to stop investing in fossil fuels

Daniel Boffey in Brussels: Tue 26 Oct 2021 16.08 BST

One of the world’s largest pension funds, ABP, is selling its €15bn-worth of holdings in fossil fuel companies, including Royal Dutch Shell, claiming it had been unable to persuade the sector to transition quickly enough towards decarbonisation.

Corien Wortmann-Kool, the chair of ABP, the Dutch pension fund for civil servants and teachers, said it would no longer invest in producers of oil, gas and coal, and that it would dispense with its current investments in those sectors by the first quarter of 2023. read more

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

‘Activist’ Billionaire hedge fund manager Daniel Loeb buys $500m stake in Royal Dutch Shell and demand it splits in two to focus on renewable energy

‘Activist’ Billionaire hedge fund manager Daniel Loeb buys $500m stake in Royal Dutch Shell and demand it splits in two to focus on renewable energy

  • Billionaire hedge fund manager Daniel Loeb, head of Third Point LLC, has acquired $500million in shares of Royal Dutch Shell PLC 
  • In a letter obtained by The Wall Street Journal the firm has demanded that the oil major to separate into two separate entities 
  • One would include Shell’s legacy businesses and provide steady cash flow while the other would house renewables and other units needing more investment 
  • Third Point’s suggestions come after Exxon shareholders elected a third director nominated by activist hedge fund Engine No 1 to the energy company’s board
  • Alexander Karsner, a senior Google strategist, joins environmental scientist Kaisa Hietala and former Andeavor CEO Gregory Goff on the 12-person board 

A billionaire hedge fund manager has acquired a large stake in Royal Dutch Shell PLC and is demanding that the oil major to separate into two separate companies.

Daniel Loeb’s Third Point LLC is pushing for the separation to attract new investors and hold on to current ones as many have sold their shares over concerns that Shell is not environmentally friendly.

According to The Wall Street Journal the activist hedge fund’s stake in Shell is worth more than $500million and is one of Shell’s largest investors. read more

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

Joe Lycett vs The Oil Giant – John Donovan segment

By John Donovan

Channel 4 TV documentary Joe Lycett vs The Oil Giant which aired at 9pm in the UK, 24 Oct 2021.

FROM CHANNEL 4 WEBSITE: Joe Lycett takes on Shell, as he investigates whether the oil giant is as eco-friendly as its advertising makes it out to be. Joe meets climate experts and investigates whether Shell are as eco-friendly as their advertising makes out, before making his own parody version of their ads. But will Shell sit up and listen?

Transcript extracts from the interview with John Donovan read more

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