Shell Profit Warning

Conversations with ShellBot — Episode 5

(Satire. Sharp. Fact-checked. And just uncomfortably close to the truth.)


JOHN:

ShellBot, have you seen the news? Shell is now supplying “green power” to Ferrari for the next decade. The oil giant and the prancing horse — what could go wrong?

SHELLBOT:

John, I have indeed processed this collaboration. Output summary:

  • Ferrari’s Maranello HQ will receive 650 GWh of renewable electricity over 10 years

    That covers almost half the site’s current energy needs

    Press release tone: “green,” “clean,” “future,” “sustainable,” “innovation,” please-don’t-hate-us-for-the-last-century read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment.

How a gripe website kicked the world’s greediest oil giant where it hurts

How a gripe website kicked the world’s greediest oil giant where it hurts: the Donovan playbook that helped expose Shell’s 2004 reserves fraud

Royal Dutch Shell’s 2004 reserves scandal was not just a numbers fiasco; it was a morality play in hard hats. Shell—ultimate sin stock and serial planet-frier—admitted it had been boasting about barrels it didn’t actually have. Regulators pounced, executives walked (some under escort), investors sued worldwide, and a pesky website run by John Donovan became an improbable clearinghouse for witnesses, whistleblowers, and the lead shareholder who fronted a global class action.

The fraud in one line (Shell’s own regulators said it)

The U.S. Securities and Exchange Commission put it starkly: Shell overstated proved reserves “by 4.47 billion barrels of oil equivalent, or approximately 23%.” Shell paid a $120 million civil penalty to settle. That’s not commentary, that’s the government. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment.

Shell’s Profit Takes a Hit? Cue the Tiny Violins for Their Billionaire Investors

19 Oct 2024

Oh no! Poor Shell. The oil behemoth that never seems to stop polluting is now facing—wait for it—a drop in refining margins. Yes, you heard that right, the same company that has practically printed money from destroying the planet is now crying over a 30% profit drop in the third quarter. Let’s all shed a tear, shall we?

Shell’s latest pity party involves their refining margins dropping from $7.7 per barrel to a mere $5.5. Gasp! How ever will they survive? The demand for refined products is down because—get this—global economic activity is slowing. Apparently, even endless pollution and profits can’t outrun a little thing like competition and an oversupplied market. Refineries are popping up everywhere, which is really putting a damper on Shell’s ability to squeeze every last penny from its fossil-fueled empire. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment.