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National security review stalls sale of Shell U.S. refinery to Mexican state oil firm

REUTERS

National security review stalls sale of Shell U.S. refinery to Mexican state oil firm

Erwin Seba: Publishing date: Nov 30, 2021

HOUSTON — A national security review has delayed the sale of Royal Dutch Shell’s controlling interest in a Texas refinery to Mexico’s national oil company Petroleos Mexicanos (Pemex), Shell said on Tuesday.

Shell in May disclosed a sale of its 50% interest in the 302,800 barrel-per-day (bpd) Deer Park, Texas, refinery outside Houston to partner Pemex for about $596 million.

The closing was expected as early as 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.

Shell holds talks with investors to push through London HQ move

CITI A.M.

Shell holds talks with investors to push through London HQ move

BY: NICHOLAS EARL: TUESDAY 23 NOVEMBER 2021 4:28 PM

Royal Dutch Shell is looking to persuade investors to back its plan to relocate the company’s headquarters from the Netherlands to UK.

The oil giant’s management team has set up more than 100 meetings with leading investors in recent days to push through historic company, sources told Reuters.

Shell announced earlier this month they would scrap dual Anglo-Dutch share structure, move to London from The Hague, and ditch the Royal Dutch branding after 114 years of holding the name. 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.

An Activist Hedge Fund Wants to Break Up Shell Oil

The Motley Fool

An Activist Hedge Fund Wants to Break Up Shell Oil

The oil industry has a spill, and the leaky commodity is drama. Less than six months after an activist hedge fund planted itself on Exxon’s board…

The Daily Upside: Oct 27, 2021 at 8:00PM

The oil industry has a spill, and the leaky commodity is drama.

Less than six months after an activist hedge fund planted itself on Exxon’s board with plans to overhaul the company’s climate agenda, New York-based Third Point revealed on Wednesday its plans to slice up Royal Dutch Shell by carving off its renewables businesses. 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.

DONOVAN vs. SHELL : A 30 Years Epic battle against a corporate giant

Image Credit: KICKBACK NEWS

By John Donovan

KickBack.news, the anti-corruption website recently founded by Javier Ferrandis has published a remarkable article under the headline:

DONOVAN vs. SHELL: A 30 Years Epic battle against a corporate giant.

Extract

Disgruntled employees, interested in learning about or airing the dirty laundry of the Shell Group, or journalists, who want to find out what’s up at one of the largest corporations in the world, know that you have to start your search by simply typing royaldutchshellplc.com on your browser. 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.

Exclusive: Shell plans to exit California joint venture with Exxon Mobil – sources

REUTERS

Exclusive: Shell plans to exit California joint venture with Exxon Mobil – sources

By : JULY 1, 2021 

(Reuters) – Royal Dutch Shell Plc plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp, four people familiar with the talks told Reuters.

Shell has divested numerous carbon intensive assets this year, selling its refinery in Washington state to Holly Frontier Corp and its stake in a Houston-area refining joint venture to Petroleos Mexicanos as it shifts new investments to renewables and power. 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 Sells Alabama Refinery to Vertex Energy

Shell Sells Alabama Refinery to Vertex Energy

NEWS PROVIDED BY: Shell : May 26, 2021, 16:41 ET

HOUSTONMay 26, 2021 /PRNewswire/ — Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP, subsidiaries of Royal Dutch Shell plc (Shell), have reached an agreement for the sale of the Mobile Chemical LP Refinery in Mobile, AL, to Vertex Energy Operating LLC (Vertex Energy). Vertex Energy is a U.S. owned, Texas-based speciality refiner of alternative feedstocks and marketer of high purity petroleum products. 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 president: Bring back 2016 methane regulations with a joint resolution of Congress

Shell president: Bring back 2016 methane regulations with a joint resolution of Congress

Gretchen Watkins:

Gretchen Watkins is the president of Shell Oil Company, a wholly owned subsidiary of Royal Dutch Shell, which is among the largest oil companies in the world. Approximately 80,000 Shell employees are based in the U.S. Its U.S. headquarters are in Houston.

Last October, France blocked a $7 billion U.S. LNG deal weeks after the Trump administration finalized a rule to stop the direct federal regulation of methane emissions from 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.

Shell Names Mackenzie as New Chairman, Proposes 50% Female Board

Shell Names Mackenzie as New Chairman, Proposes 50% Female Board

Bloomberg: Laura Hurst: Thu, March 11, 2021, 8:43 AM

(Bloomberg) — Royal Dutch Shell Plc appointed former BHP Group executive Andrew Mackenzie as chairman, and said its board would have as many women as men on it for the first time.

Mackenzie, who oversaw BHP’s retreat from shale, takes over from Chad Holliday, whose departure had been flagged since last year. It also appointed cyber expert Jane Lute, a move that will take its board to gender parity, the company said.

“Andrew brings to Shell his experience of leadership, his global outlook, and a deep understanding of the energy business and climate action,” the company said in the statement. 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 turns to forests and the earth to soak up its emissions

LONDON (Reuters) – Royal Dutch Shell set out plans on Thursday to boost the use of nature-based carbon offsets and carbon capture and storage (CCS) technology, two climate solutions in their infancy but seen crucial to controlling global warming.

Both technologies can mitigate the greenhouse gas emissions Shell and its customers cannot eliminate on the path to the group’s 2050 net zero carbon target.

Shell wants to ramp up its use of nature-based carbon offsets, which include forestation projects, to 120 million tonnes a year by 2030, a big jump given the entire voluntary carbon offset market reached 104 million tonnes in 2019, Ecosystem Marketplace figures show. 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.

E-Scooter to be first Shell e-mobility product sold in North America

CANTON, Michigan – Shell energy will sell e-scooters in North America, according to its U.S.-based partner.

The Shell RIDE SR-5S e-scooter is to be manufactured and distributed by Lotus International Company of Canton, Michigan, as the scooter becomes the first Shell e-mobility product available in North America.

“The Shell RIDE e-scooter is a fun, reliable, and a low-emission personal transportation method for life’s short journeys; whether it’s your ride to work or school, a spin in the park, or exploring a new city,” said Darren S. Ivey, Director of Sales and Marketing at Lotus International. 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.

About 1,100 workers at Convent oil refinery will be seeking new jobs 

Shutdown of Shell refinery in Convent: Negotiations for job transfers and severance begin

By the end of 2022, Shell told investors it wants to cut up to 9,000 jobs in a corporate restructuring to save roughly $2.5 billion. It had 83,000 employees worldwide as of December 2019. So far, only 1,500 workers agreed to voluntary buyouts…

About 1,100 workers at the Convent oil refinery, a combination of company and contract workers ranging from plant operators to maintenance crews, will be looking for new jobs as rolling layoffs are expected in the coming months, but only about one-third of those workers are unionized. 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.

Louisiana Refinery Set to Close, 700 Jobs Will Go With it

Louisiana Refinery Set to Close, 700 Jobs Will Go With it

European petroleum giant Dutch Royal Shell dropped a bombshell on the oil and gas industries in Louisiana.  The company has announced that it will be closing the refinery located in Convent in the near future.  According to KATC, this shutdown will also mean the loss of 700 jobs. Shell claims that this closure is part of a larger strategy to reduce to the company’s carbon footprint. 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 Sells U.S. Appalachia Assets to National Fuel for $541 million

NEWS PROVIDED BY Shell Oil Company: May 04, 2020, 16:20 ET

HOUSTON, May 4, 2020 /PRNewswire/ — Royal Dutch Shell plc, through its affiliate SWEPI LP (“Shell”), has reached an agreement with publicly listed U.S. energy company National Fuel Gas Company (NFG), and its subsidiaries, Seneca Resources Company, LLC, National Fuel Gas Midstream Company, LLC, and NFG Midstream Covington, LLC (together “National Fuel”), to sell its Appalachia shale gas position for $541 million, subject to closing adjustments. The transaction has an effective date of January 1, 2020. 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 Oil Company accused of breach of fiduciary duties involving $10.5 billion in assets

Extracts from a legal complaint filed 24 Jan 2020 in the US courts

Shell Oil Company accused of breach of fiduciary duties in respect of Shell Provident Fund 401(k) Plan with $10.5 billion in assets and 36,898 participants. It is one of the largest defined contribution plans in the United States. Plans of such great size are commonly referred to as “jumbo plans” or “mega plans”.

3. The marketplace for retirement plan services is established and competitive. Multi-billion-dollar-defined contribution plans, like the Plan, have tremendous bargaining power to obtain high-quality, low-cost administrative, managed account, and investment management services. But instead of using the Plan’s bargaining power to benefit participants and beneficiaries, Shell Defendants allowed unreasonable expenses to be charged to participants for administration of the Plan and managed account services, failed to even monitor numerous funds in the Plan at all, and retained poorly performing investments that similarly situated fiduciaries removed from their plans. 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: About 50 New Orleans jobs moving to Houston, but deepwater operations staying put

Royal Dutch Shell confirmed on Tuesday that it plans to move about 50 New Orleans-based jobs to Houston next year, but said it is committed to keeping its core deepwater operations in the city long-term.

The company, which is headquartered in The Hague, Netherlands, said that the jobs being relocated to Shell’s North American headquarters in Texas are primarily from the subsurface and seismic processing teams.

A spokesman for Shell in New Orleans, Paul Hagel, said that the job-shuffle is a routine adjustment for the company and should not be seen as affecting the company’s long-term commitment to the city as headquarters of its deepwater operations for the Gulf of Mexico, Brazil, Malaysia and elsewhere. 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 Toxic Role in Cancer Alley

In 2018 the Environmental Protection Agency (EPA) accused Shell of violating clean air laws for over a decade and reached a settlement with the corporate giant shortly after.

Extracts

The Shell Norco Manufacturing Complex has been operating by the banks of the Mississippi River in southern Louisiana for almost a century. A sprawling set of oil refineries and petrochemical plants that dominate the landscape and pollute the air about 20 miles outside the city of New Orleans.

In 2018 the Environmental Protection Agency (EPA) accused Shell of violating clean air laws for over a decade and reached a settlement with the corporate giant shortly after.

Since 2001 the Norco Civic Association, a community group heavily backed by Shell, has run a Christmas parade that winds through the industrial complex, which sits on the site of old sugarcane fields in the heart of a region known as “Cancer Alley” due to its high levels of industrial pollution. 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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