News and information on Shell Plc
THE SUNDAY TIMES
Jackdaw gas field set for official approval
Michael Glackin:
Westminster’s oil and gas regulator is set to approve a controversial North Sea gas project it previously rejected on environmental grounds amid increased concerns about UK energy security.
It is understood approval for Shell’s Jackdaw gas field, 150 miles east of Aberdeen, is now “imminent” following Russia’s decision to cut off gas supplies to a number of European countries.
CITYA.M.
Activist investor prepares to take on Shell over climate targets
Shell is preparing for a shareholder showdown at its upcoming general meeting later this month, with activist group Follow This pushing the energy giant to commit to more stringent environmental targets.
It has warned shareholders that Shell’s current transition plans are not aligned with the Paris Agreement, and has filed a motion – resolution 21 – calling for the oil and gas major to publish targets that cover short, medium and long term emissions in both its operations and the use of its energy products.
Evening Standard
Energy giant Shell fined £50,000 by North Sea regulators
The North Sea Transition Authority imposed the penalty for breaches of production consents.
By Katrine Bussey: 28 April 2022
Energy giant shell has been fined £50,000 by North Sea regulators for breaching production consents.The North Sea Transition Authority (NSTA) requires the consents for companies to produce oil and gas.
It has now fined Shell and served the company with a sanction notice for breaching five field consents.
The NSTA said adhering to production consents is “an indicator of good stewardship of fields, and is an important component of a stable, well-regulated industry which has the trust and confidence of investors and the public”.
CITYA.M.
Ukraine’s government writes to Shell, accusing it of ‘bankrolling Putin’s war with an accounting trick’
JACK MENDEL: 22 April 2022
Ukraine has accused energy giant Shell of continuing to “bankroll Putin’s war machine” buy buying oil through an “accounting trick.”
In an angry letter sent to the oil company’s boss, Kyiv branded it “deplorable” that firm was still buying fuel linked to the Kremlin indirectly.
According to the Telegraph, despite a commitment to stop purchasing energy, Shell considers refined oil products as not being Russian if less than half of the blend is from the country.
CITYA.M.
Shell goes tax free in the North Sea after £100m government refund
CHARLIE CONCHIE: WEDNESDAY 06 APRIL 2022
Energy giant Shell paid no tax on its North Sea oil and gas production last year even as the global energy crunch saw it profits soar to more than $19bn.
The London-headquartered firm bagged tax refunds relating to the decommissioning of old oil platforms in the North Sea, meaning it received $131.8m from the UK treasury in 2021, according to details of its payments to government released yesterday.
The Telegraph
Shell revives huge North Sea gas field to boost Britain’s energy security
Plans for the Jackdaw field were rejected last year by environmental regulators
Shell has submitted new plans to develop a huge gas field in the North Sea, six months after they were rejected by environmental regulators, in an attempt to help Britain become less dependent on foreign suppliers.
The FTSE 100 company said it wanted the Jackdaw field, about 250km east of Aberdeen, to start operating by 2025.
English translation of extracts from a Forbes article published in German on 1st March 2022.
FORBES
CAN SHELL GREEN?
In the public perception, Shell is an industrial giant – now Fabian Ziegler, Chairman of the Management Board of Deutsche Shell Holding GmbH since spring 2020, wants to make the company greener.
Will the Swiss succeed in pulling off the coup so vital to the group’s survival?
Text: Matthias Lauerer
Photo: Deutsche Shell Holding GmbH
1st March 2022
Is Shell on its way to a carbon-neutral future? Will this be a reimagined world, where green hydrogen, e-mobility and decarbonization have become a reality? Or do they prefer to greenwash to perpetuate the dirty old business model on which the global economy hangs?
More information here about John Donovan (above), his website royaldutchshellplc.com and his main contributor on Shell safety issues, Mr Bill Campbell.
Links here to several hundred articles and features by a host of publishers including the FT, Wall Street Journal, Reuters etc., containing references to Donovan Shell focussed websites, my late father or me, or in respect of Shell safety issues, our valued contributor, Mr Campbell.
The Herald
Shell says North Sea windfall tax won’t ease energy crisis
Group Business Correspondent
SHELL chief executive Ben van Beurden has rejected calls for a windfall tax on North Sea firms and said the company remains keen to invest in new fields in the area after dropping plans for the controversial Cambo development.
The energy giant may have helped stoke calls for a one-off tax to be imposed on firms to help tackle the energy crisis in the UK yesterday when it posted a 300 per cent increase in annual profits, to $19.3 billion (£14.3bn), from $4.8bn.
The Telegraph
Oil and gas trade body drops ‘oil and gas’ from its name
By Matt Oliver: 31 January 2022 • 4:20pm
The trade group that represents UK oil and gas companies is dropping the words “oil and gas” from its name to reflect the ongoing rise of green energy.
Oil and Gas UK will be renamed Offshore Energies UK from February 14, the body said on Monday.
It follows a year-long strategic review by the group, which said the change reflects “the evolving nature of the industry”.
OGUK said its members, which include BP, British Gas owner Centrica, Shell and Chevron approved the name change in December.
CNN BUSINESS
Brits face a massive increase in energy bills. BP and Shell could be on the hook to pay
Updated 1221 GMT (2021 HKT) January 10, 2022
London (CNN Business)The UK government is coming under mounting pressure to increase taxes on oil and gas companies, including BP and Shell. The aim: to help British households cope with skyrocketing energy bills.
The main opposition Labour Party this weekend called on Prime Minister Boris Johnson to impose a windfall tax on companies pumping oil and gas from the North Sea, saying that the money raised could be used to cut £200 ($272) from soaring household bills.
Will Shell have to abandon the Prelude experiment?
From John Donovan: 8 Jan 2022
Dear Mr Andrew Smith
I am writing to you in your capacity as Country Chair of Shell Australia.I have copied the email to Shell Legal Director Mr Donny Ching and Shell CEO Mr Ben van Beurden because the subject is a matter of great importance. Namely the lives and well-being of Shell employees and contractors working on the Prelude experiment.
EXPERT COMMENT ON THE ARTICLE…
Report: Fatal Lifeboat Accident Caused by Damaged Release Cable
…MADE BY “AN OLD SHELL E&P ENGINEERING SEA DOG”
RELATED CHILLING STORIES ALSO INVOLVING SHELL
FROM 2019: Shell confirms two fatalities in a routine lifeboat drill
FROM 2017: Shell North Sea Lifeboats Dangerous Farce No. 3
FROM 2008: Lifeboats trouble at Brent field
23 Dec 2021
Following the Alexander Kielland disaster in 1981 and the subsequent enquiry of the many recommendations made lifeboats launching arrangements were to be changed to on load release. This recommendation was endorsed by the Norwegian Government despite objections regarding this system requiring specialist attention due to complexity and sequence of use.
The Maritime Executive
Report: Fatal Lifeboat Accident Caused by Damaged Release Cable
RELATED STORIES
FROM 2019: Shell confirms two fatalities in routine lifeboat drill
FROM 2017: Shell North Sea Lifeboats Dangerous Farce No. 3
FROM 2008: Lifeboats trouble at Brent field
20 December 2021
The U.S. Coast Guard has issued its final report into the fatal lifeboat accident that occurred aboard Shell’s Auger platform in 2019. The inquiry concluded that a degraded release cable – which had previously been identified by service technicians – was the primary root cause of the casualty.
The Sunday Times
Shell pulling the plug on the Cambo North Sea oilfield is a problem for us, too
Oliver Shah Sunday December 05 2021, 12.01am, The Sunday TimesYou can’t be sure of much when it comes to Shell these days — and Shell, it seems, can’t be sure of anything when it comes to politics. Last month, chief executive Ben van Beurden was fêted for moving the oil major’s headquarters from Holland to London as part of a simplification of its corporate structure.
On Thursday, Shell pulled out of a major oil project in a storm of recrimination, saying the economics were “not strong enough at this time” and complaining of “potential for delays”.
The Telegraph
Cambo: Jobs warning as Shell pulls out of oil field development
Energy companies’ reputational struggles and Whitehall’s green ambitions leave oil investment in limboBy Rachel Millard and Matt Oliver 4 December 2021
It was less than a month ago that Kwasi Kwarteng was celebrating Shell’s plans to move its group headquarters out of Holland and to the UK.
The business secretary heralded the decision as “a clear vote of confidence in the British economy as we work to strengthen competitiveness, attract investment and create jobs”.
Today he may have more complex feelings towards the FTSE 100 oil giant – and greater uncertainty about the challenges ahead for the economy.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission website etc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our non-profit websites and/or our activities.
John Donovan, the website owner
This is not a Shell website. That fact should be abundantly plain from the overall content of this home page and our sister Shell focussed websites, including shellnazihistory.com. Click on the Disclaimer link at top of this page for more information. You Can Be Sure Shell does not endorse or approve of this website. There are no subscription charges nor do we solicit or accept donations. No advertising is accepted. It is an entirely free to use non-commercial website drawing attention to the negative side of Shell. The Shell logo image with the white text used on this website, as per the above example, is in the public domain because its copyright has expired and its author is anonymous. It can be found here on WIKIMEDIA COMMONS. Use this link for Shell’s own website.
