Royal Dutch Shell Plc  .com Rotating Header Image

Shell shareholders

Shell Revels in Petro Profits as World Pleads for Climate Mercy

Posted by John Donovan: 2 November 2023

In a spectacle of corporate jubilation, Shell has flaunted a $6.2 billion profit bonanza, much to the horror of environmentalists and the delight of shareholders rubbing their hands in glee. As if mother nature hadn’t suffered enough, Shell has profited handsomely from the oil price bounce, a merry-go-round fueled by Opec+’s crafty production cuts and the sad ongoing soap opera of global conflicts.

This show of profits, a slight dip from last year’s staggering $9.4 billion—when oil prices soared amidst the heart-wrenching drama of Russia’s invasion of Ukraine—still paints a rosy picture for Shell’s ledger. It seems the oil barons have found their silver lining in the dark clouds of geopolitical turmoil, with the World Bank casting a doomsday prophecy of oil prices potentially skyrocketing to an eye-watering $150 a barrel. read more

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

Shell’s CEO Crowns Himself King of the Buyback Bonanza, Sidesteps the Acquisition Arms Race

Posted by John Donovan: 2 November 2023

As the world gasps in the shadow of climate calamity, Shell CEO, Wael Sawan, has emerged from the shadows, not with a plan to save the planet, but with a scheme to shower shareholders with more silver. In a dazzling display of financial acrobatics, Shell is turning its back on the charm of ‘mega acquisitions’ to play a solo game of Monopoly with its windfall profits.

Sawan, with the finesse of a Vegas high-roller, has bet big on a ‘buyback bonanza’ to keep the cash registers ringing for those with stakes in the game, prioritizing a hefty $3.5 billion repurchase raffle ticket for the next quarter. read more

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

Shell’s CEO Attempts a Heart-to-Heart, but Is Anyone Buying It?

Posted by John Donovan 5 October 2023

In an astonishing move to show he’s “in touch” with the times, Shell Plc’s Chief Emotional Officer, Wael Sawan, plans a virtual pow-wow to soothe the jittery nerves of his eco-anxious troops. You know, those rightfully concerned about the planet’s future and all.

Remember when Sawan became the darling of environmentalists everywhere by – wait for it – prioritizing shareholder returns and reigniting Shell’s love affair with oil and gas? No? Oh, right, because that didn’t happen. What he did instead was ruffle the feathers of a number of employees, particularly the free thinkers over in the Renewables and Energy Solutions division.

Our dear CEO has kindly invited the Shell family to a little digital tea party titled “A Conversation With Wael” this October 17. The purpose? To “deepen our conversation on the opportunities and dilemmas we face as we position Shell to win in the energy transition,” an invitation bragged. The translation: “Let’s chat about why we’re clinging to our old ways, even though the house is literally on fire.”

Ahead of this riveting rendezvous, employees took to an internal forum. One heroic individual shared their struggle, stating the company’s customer-led approach makes bedtime stories with the kids a tad challenging: “It’s difficult for me to justify to my kids,” they said. Another keen observer noted that recent asset sales had Shell looking less “futuristic” and more “back in my day.” read more

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

Shell’s Astonishing Strategy: Super-Sizing Profits and Middle Fingers to the Planet

Posted by John Donovan 14 June 2023

In a stunning display of corporate arrogance, Shell has decided to throw caution to the wind and abandon any pretense of caring about the environment. The oil giant’s latest move? Scrap their plan to reduce oil production, a feeble attempt to appear eco-friendly, and instead maintain their current levels of pollution until the end of the decade. How generous of them.

Shell CEO, Wael Sawan, must be thrilled with himself as he disregards the urgent need to combat climate change. While other oil companies are at least paying lip service to environmental responsibility, Shell boldly proclaims that they have already met their reduction targets through clever asset sales. Who needs real action when you can just shuffle numbers around?

But don’t worry, folks, Shell still wants you to believe they care about the planet. They plan to invest a measly $10-15 billion in low-carbon energy solutions like biofuels and hydrogen. It’s a classic case of greenwashing, as they quietly retreat from wind and solar projects that could make a real difference. read more

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

OIL MAFIA SAGA: HOLLAND AND UNCLE SAM SHOULD KICKSTART THE “WHODUNNIT” DRAMA ON ENI AND SHELL’S OPL245 GAME IN NIGERIA

Posted by John Donovan: 22 May 2023

OIL MAFIA SAGA: HOLLAND AND UNCLE SAM SHOULD KICKSTART THE “WHODUNNIT” DRAMA ON ENI AND SHELL’S OPL245 GAME IN NIGERIA

Transparency International and its chapters in the Netherlands and the US are pleading with authorities in the two countries to revive the great soap opera involving Eni and Shell, the alleged Godfathers of bribery in Nigeria.

Our darling oil titans are accused of generously gifting over a cool US$1 billion in bribes to the chums of then-president Goodluck Jonathan. All for a trivial piece of paper – rights to the OPL245 offshore oilfield. This is recognized as an absolute party for the people of Nigeria. Because, of course, nothing says prosperity like environmental devastation and corruption. Obviously, the US and the Netherlands launched investigations but had to slam the brakes due to some Italian courtroom drama. read more

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

Shell’s ‘tense’ AGM where profits clash with the pesky climate

Posted by John Donovan 18 MAY 2023

Shell’s ‘tense’ AGM where obscene profits clash with the pesky climate

Prepare for the showdown of the century! Shell, the notorious oil giant known for its greed and pollution, is about to face a shareholder meeting that promises to be nothing short of acrimonious. It seems that Shell is struggling to strike a delicate balance between making obscene profits from oil and gas and dealing with a pesky minority who believe they should actually do something about climate change. How dare they? read more

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

Shell’s board of directors sued for ‘failing to properly prepare’ for the energy transition

CNBC

Shell’s board of directors sued for ‘failing to properly prepare’ for the energy transition

Sam Meredith@SMEREDITH19 KEY POINTS
  • Environmental law firm ClientEarth, a Shell shareholder, said Tuesday that it had notified Shell of its claim against the company’s 13 executive and non-executive directors.
  • It argues the board’s failure to implement a climate strategy that truly aligns with the landmark Paris Agreement is a breach of their duties under English law.
  • In response to the legal action, Shell told CNBC via email that it was delivering on its global strategy that supported the Paris accord.

Shell’s board is being sued for failing to prepare the multinational oil and gas company for the transition away from fossil fuels.

Environmental law firm ClientEarth, a Shell shareholder, said Tuesday that it had notified Shell of its claim against the company’s 13 executive and non-executive directors. It argues the board’s failure to implement a climate strategy that truly aligns with the landmark Paris Agreement is a breach of their duties under English law. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.