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Shell says electricity to meet 60% of China’s energy use by 2060

REUTERS

Shell says electricity to meet 60% of China’s energy use by 2060

SINGAPORE (Reuters) – China may triple electricity generation to supply 60% of the country’s total energy under Beijing’s carbon-neutral goal by 2060, up from the current 23%, Royal Dutch Shell said on Monday.

Shell is one of the largest global investors in China’s energy sector, with business covering gas production, petrochemicals and a retail fuel network. A leading supplier of liquefied natural gas, it has recently expanded into low-carbon business such as hydrogen power and electric vehicle charging. 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.

Activists behind Shell climate verdict target 30 multinationals

The Great Reboot

Reuters

Activists behind Shell climate verdict target 30 multinationals

By  and 

AMSTERDAM/LONDON, Jan 13 (Reuters) – The Dutch wing of environmental group Friends of the Earth, which won a landmark court victory against Royal Dutch Shell (RDSa.L) last year, is targeting 30 major corporate emitters in a campaign launched on Thursday.

Milieudefensie has set its sights on large companies with legal bases in the Netherlands, where a court ruled in May that Shell must reduce its environmental footprint. read more 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 seismic tests approval complied with rules, S.Africa minister says

REUTERS

Shell seismic tests approval complied with rules, S.Africa minister says

JOHANNESBURG, Jan 13 (Reuters) – Shell’s plan for seismic testing on South Africa’s Wild Coast, which critics say threatens dolphins, seals, whales, penguins and other rare sea life, received all necessary environmental approvals, the country’s energy minister said in a letter to parliament.

In a written reply to questions that was released by parliament late on Wednesday, Energy Minister Gwede Mantashe said no shortcuts had been made in the process. 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 Pursues $7 Billion Buyback ‘At Pace’ Despite LNG Troubles

Reuters

Shell Pursues $7 Billion Buyback ‘At Pace’ Despite LNG Troubles

“Shell will later this month move its head office from The Hague to London, scrap its dual share structure and change its name to Shell Plc as part of a plan to simplify its structure and shift its tax residence from the Netherlands.”: “Shell said that its production and liquefaction volumes were impacted in the fourth quarter by unplanned maintenance, mainly in Australia, where its giant Prelude floating LNG vessel was hit by a power outage.” 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.

Exclusive-Shell’s Nigerian oil assets attract interest from local firms, sources say

Reuters

Exclusive-Shell’s Nigerian oil assets attract interest from local firms, sources say

Thu, 6 January 2022, 12:51 pm

LONDON (Reuters) – At least five Nigerian oil and gas companies are preparing to submit bids this month for Royal Dutch Shell’s onshore oilfields in a sale that could fetch up to $3 billion, three sources involved in the process told Reuters.

Shell started talks with the Nigerian government last year about selling its stake in the West African country’s onshore fields, where it has been active since the 1930s, as part of a global drive to reduce its carbon emissions. 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.

Can we still be friends? Shell sends Dutch PM parting note

Can we still be friends? Shell sends Dutch PM parting note

Fargo, ND, USA / The Mighty 790 KFGO | KFGO Thomson Reuters: Dec 10, 2021 | 11:23 AM By Toby Sterling

AMSTERDAM (Reuters) – On the day that shareholders of Royal Dutch Shell PLC voted to move the company’s headquarters to London from The Hague, the company sent a letter to the Dutch prime minister to soften the blow.

Signed by Shell CEO Ben van Beurden, the letter said Shell’s departure had been “a difficult message for us to announce,” given the company had more than a century of history.

But the letter to Prime Minister Mark Rutte outlined the many projects and activities Shell will continue in the Netherlands, including retaining 8,500 employees, and the division-level management of Shell’s upstream (production), renewable energy and projects & technology divisions. 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.

Royal Dutch Shell shareholders back plan to shift to London

REUTERS

Royal Dutch Shell shareholders back plan to shift to London

By Toby Sterling and Ron Bousso: December 10, 2021: 11:34 AM GMT

  • British tax base seen making buybacks, dividends easier

  • Dutch withholding tax a factor in Shell’s decision

  • Shell says move will not affect its environmental policy

ROTTERDAM/LONDON, Dec 10 (Reuters) – Royal Dutch Shell PLC (RDSa.L) shareholders voted overwhelmingly on Friday in favour of a plan to end the company’s dual share structure and move its headquarters to London from The Hague.

With roughly 58% of outstanding shares cast, a preliminary tally showed 99% of shareholders supported a special resolution enabling the corporate structure change. 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.

South Africa’s energy minister defends Shell’s planned seismic blasting on Wild Coast

REUTERS

South Africa’s energy minister defends Shell’s planned seismic blasting on Wild Coast

JOHANNESBURG, REUTERS: 09 DEC 2021

South Africa’s energy minister defended on Thursday Royal Dutch Shell’s plans for seismic oil exploration along a pristine coastal stretch, saying critics of the plan want to deprive Africa of energy resources.

Environmentalists and others have protested against Shell’s plans to start seismic blasting on the Wild Coast, home to some of the country’s most undisturbed wildlife refuges, and a major tourist draw. 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 scraps plans to develop Cambo North Sea oilfield

REUTERS

Shell scraps plans to develop Cambo North Sea oilfield

LONDON, Dec 2 (Reuters) – Royal Dutch Shell (RDSa.L) said on Thursday it had scrapped plans to develop the Cambo North Sea oilfield, which became a lightning rod for climate activists seeking to halt Britain’s development of new oil and gas resources.

Following “comprehensive screening” of the Cambo field, Shell “concluded the economic case for investment in this project is not strong enough at this time, as well as having the potential for delays,” the company said in a statement. 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.

Dan Loeb swats away activist with heavy hand

REUTERS

Dan Loeb swats away activist with heavy hand

LONDON, Dec 2 (Reuters Breakingviews) – Dan Loeb, the billionaire activist calling for change at Royal Dutch Shell (RDSa.L), has fended off his own mini-revolt.

Shareholders in Third Point Investors (TPOGu.L), a UK-listed trust that owns a stake in Loeb’s main fund, roundly rejected a move by uppity shareholder Asset Value Investors to throw a Third Point employee, Josh Targoff, off the board.

Loeb’s victory is clear. Votes against the proposal numbered 30 million, versus just 9 million for it. 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.

REUTERS: November 30, 2021: 2:05 PM GMT

EXCLUSIVE Shell eyes return to Libya with oil, gas, solar investments

By Ron Bousso: REUTERS: November 30, 2021: 2:05 PM GMT

  • Shell’s Libya plan marks rare new oil and gas foray
  • Libya plan still fits strategy to phase out fossil fuels
  • Plan includes solar project south of Libya’s Sirte basin
  • Proposal see Shell allocated oil, product cargoes to sell
  • 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.

    ISS recommends shareholders support Shell move to UK

    REUTERS

    ISS recommends shareholders support Shell move to UK

    26/11/2021: LONDON – Proxy advisory firm Institutional Shareholder Service (ISS

    ) recommended shareholders support Royal Dutch Shell’s plan to move its head office from the Netherlands to Britain, according to a document seen by Reuters. 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 faces anger over takeover of Australian green energy retailer

    REUTERS

    Shell faces anger over takeover of Australian green energy retailer

    REUTERS: Wed, November 24, 2021, 6:53 AM

    MELBOURNE (Reuters) – Royal Dutch Shell is facing protests over its takeover of green energy retailer Powershop Australia, with customers threatening to switch to other renewable energy providers to avoid becoming customers of a fossil fuel company.

    Shell said on Monday it was expanding into Australia’s household power market by teaming up with Infrastructure Capital Group to buy Meridian Energy’s Australian electricity business, which has more than 185,000 customers, for A$729 million ($526 million). The deal is expected to close in early 2022. 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 Launches Shareholder Talks to Win Backing for HQ Move, Sources Say

    Shell Launches Shareholder Talks to Win Backing for HQ Move, Sources Say

    By Reuters:

    LONDON (Reuters) – Royal Dutch Shell has launched talks with investors to secure support for its plan to relocate its headquarters from the Netherlands to Britain, sources said, as a leading advisory recommended backing the move at a December vote.

    Shell said this month it would scrap its dual Anglo-Dutch share structure and move its head office to London from The Hague due to the Dutch tax system and after a court ruling over its strategy to reduce greenhouse gas emissions.

    The company also plans to move its tax residence to Britain and drop “Royal Dutch” from its name – part of its identity since 1907 – to become Shell Plc. 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.

    NZ’s Meridian Energy sells Australia unit for $528 mln to Shell-consortium

    REUTERS

    NZ’s Meridian Energy sells Australia unit for $528 mln to Shell-consortium

    Reporting by Sameer Manekar in Bengaluru, Editing by William Maclean Nov 22 (Reuters) – Meridian Energy on Monday said it agreed to sell its Australian energy business for A$729 million ($527.80 million) to a consortium of global energy giant Royal Dutch Shell and Australian investment manager Infrastructure Capital Group (ICG).

    FULL ARTICLE

    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.

    INSTANT VIEW 2-Reaction to Shell scrapping dual share structure

    INSTANT VIEW 2-Reaction to Shell scrapping dual share structure by Reuters Monday, 15 November 2021 08:45 GMT

    LONDON, Nov 15 (Reuters) – Royal Dutch Shell will scrap its dual share system in favour of a single class of shares to boost shareholder payouts and simplify its structure, it said on Monday.

    MARKET REACTION: Shares in Royal Dutch Shell rose 1.8% in early European trade after the announcement.

    COMMENTS:

    ANALYSTS AT JEFFERIES

    “We see merits in the proposed restructuring of Shell’s shares structure and tax residence. Among other benefits, the proposed changes will increase Shell’s ability to buy back shares which was until now constrained by Class B shares liquidity. 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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