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Why the World Worries About Russia/Shell/USA Nord Stream 2 Showdown

By Anna Shiryaevskaya and Dina Khrennikova | Bloomberg Dec. 24, 2019 at 7:06 a.m. GMT

A new natural gas pipeline into Europe from Russia is shaking up geopolitics. Nord Stream 2, as it’s called, worries leaders in Eastern Europe, has put German Chancellor Angela Merkel on the hot seat and most recently has become the target of U.S. sanctions. The punitive measures approved by U.S. President Donald Trump have stymied construction just as the final sections of pipe were about to be laid.

1. What is Nord Stream 2?

It’s a planned 1,230-kilometer (764-mile) undersea pipeline that will carry natural gas from Russian fields to the European network at Germany’s Baltic coast. It will double the capacity of an existing undersea route — the original Nord Stream — that opened in 2011. Russia’s Gazprom PJSC owns the project, with Royal Dutch Shell Plc and four other investors including Germany’s Uniper SE and Wintershall AG providing half of the 9.5 billion-euro ($10.7 billion) cost. Denmark removed one of the project’s last hurdles in October when it approved construction of the link through its waters. read more

royaldutchshellplc.com and its 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.

The Washington Post: Why the World Worries About Russia’s Natural Gas Pipeline

Russia’s Gazprom PJSC owns the project, with Royal Dutch Shell Plc and four other investors…

A new natural gas pipeline into Europe from Russia is shaking up geopolitics. Nord Stream 2, as it’s called, worries leaders in Eastern Europe, has put German Chancellor Angela Merkel on the hot seat and has prompted calls for sanctions from U.S. senators. Denmark gave approval on Oct. 30 for the pipeline to traverse its sub-sea territory, removing the final hurdle to its completion. Russian gas could be flowing through the conduit as soon as early next year.

1. What is Nord Stream 2?

It’s a planned 1,230-kilometer (764-mile) undersea pipeline that will carry natural gas from Russian fields to the European network at Germany’s Baltic coast. It will double the capacity of an existing undersea route — the original Nord Stream — that opened in 2011. Russia’s Gazprom PJSC owns the project, with Royal Dutch Shell Plc and four other investors including Germany’s Uniper SE and Wintershall AG providing half of the 9.5 billion-euro ($10.7 billion) in cost. As of the end of October, the link was 87% complete, according to Nord Stream. read more

royaldutchshellplc.com and its 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.

The Washington Post: How Climate Divestment Won Converts With Deep Pockets

Extracts from an article by Kelly Gilblom | Bloomberg : Oct. 23, 2019 at 6:26 a.m. GMT+1

Can you strike a blow against climate change by getting rid of your oil company stocks — and can you do it without losing money? The idea is not just for activists anymore. Norway took a partial step in selling off oil and gas stocks in its massive $1 trillion wealth fund. And a growing number of investors who control trillions more are using the threat of divestment as a cudgel to force energy companies to adopt greener ways. Together these approaches are producing a notable disruption in the energy field. read more

royaldutchshellplc.com and its 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.

Trump Shell factory speech crowd members were paid to listen to him and banned from ‘anything viewed as resistance’

Workers ordered not to criticise the president

Workers at a Royal Dutch Shell plant in Pennsylvania were forced to choose between attending a speech by Donald Trump or earning less than their coworkers who did.

Attendance was optional, but contract workers who chose not to stand in the crowd would not qualify for time-and-a-half pay when they arrived at work on Friday, the Pittsburgh Post-Gazette reported.

Workers at the unfinished Pennsylvania Petrochemicals Complex had to arrive at 7am, scan their ID cards and stand for hours until the US president’s speech began. read more

royaldutchshellplc.com and its 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.

The Washington Post: Trump’s speech at a Shell plant drew thousands of workers. They were paid overtime to be there.

By Marisa Iati Morgan Krakow August 17 at 4:03 PM

Workers at a Royal Dutch Shell plant in Monaca, Pa., were forced to choose Tuesday between attending a speech by President Trump or forgoing overtime pay that their co-workers would earn.

Attendance was optional, but contract workers who chose not to stand in the crowd would not qualify for time-and-a-half pay when they arrived at work Friday, the Pittsburgh Post-Gazette reported. Several companies with thousands of unionized workers have contracts with Shell, one the world’s largest oil and gas companies. read more

royaldutchshellplc.com and its 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.

The Washington Post: Shell fined for explosions, gas leak at Dutch chemical plant

Associated Press: June 17 at 12:02 PM

THE HAGUE, Netherlands — A Dutch court has fined oil giant Shell 2.5 million euros ($2.8 million) for breaching Dutch labor and environmental laws in a case linked to two explosions and a gas leak at a chemical plant south of Rotterdam.

The East Brabant court ruled Monday that Shell did not take sufficient precautions to prevent two blasts and a subsequent fire that injured two workers when the company restarted two reactors at a chemical plant in the village of Moerdjik on June 3, 2014. read more

royaldutchshellplc.com and its 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.

The Washington Post: Sunset for Oil Is No Longer Just Talk

By David Fickling | Bloomberg: June 5 at 7:03 AM

Greenwashed rhetoric is such a staple of the oil industry that it’s easy to assume every energy executive talking about climate and the transition to a zero-carbon economy is just mouthing words.

Barely a year after BP Plc Chief Executive Officer John Browne promised “action and solutions” on climate change in a 1997 speech, he led the then-biggest oil takeover in history with the acquisition of Amoco Corp. On his retirement a decade later, after years of rebranding about moving “beyond petroleum,” he left a base of oil and gas reserves more than twice the size of the one he inherited. read more

royaldutchshellplc.com and its 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.

Royal Dutch Shell News 28 August 2018: Shell denies coercion…

..reacting to the allegation of intimidation, Mr Bamidele Odugbesan, Media Relations Manager of Shell, denied use of force to compel the company’s host communities to sign the JIV report.

27 August 2018

The Joint Task Force (JTF) in the Niger Delta and oil major, Shell on Monday denied allegations of coercing the leadership of Aghoro 1 community in Bayelsa to sign a disputed report on oil spillage. FULL ARTICLE

Russia’s Gazprom PJSC owns the project, with Royal Dutch Shell Plc and four other investors including Germany’s Uniper SE and Wintershall AG providing half of the 9.5 billion-euro ($11 billion) in cost.

By Elena Mazneva and Anna Shiryaevskaya | Bloomberg
August 27 at 12:00 AM

A planned new natural-gas pipeline into Europe from Russia is shaking up geopolitics. Nord Stream 2, as it’s called, worries leaders in Eastern Europe, has stirred the ire of U.S. President Donald Trump and has put German Chancellor Angela Merkel on the hot seat. FULL ARTICLE read more

royaldutchshellplc.com and its 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 foresaw climate dangers in 1988 and understood Big Oil’s big role

 April 5 at 4:28 PM

A Dutch journalist has uncovered Royal Dutch Shell documents as old as 1988 that showed the oil company understood the gravity of climate change, the company’s large contribution to it and how hard it would be to stop it. The 1988 report titled “The Greenhouse Effect” calculated that the Shell group alone was contributing 4 percent of global carbon-dioxide emissions through its oil, natural gas and coal products. “By the time global warming becomes detectable it could be too late to take effective countermeasures to reduce the effects or even to stabilize the situation,” the report warned. FULL ARTICLE read more

royaldutchshellplc.com and its 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 — yes, that Shell — just outlined a radical scenario for what it would take to halt climate change

Shell CEO Ben van Beurden

 March 26, 2018

Royal Dutch Shell on Monday outlined a scenario in which, by 2070, we would be using far less of the company’s own product — oil — as cars become electric, a massive carbon storage industry develops, and transportation begins a shift toward a reliance on hydrogen as an energy carrier. The company’s Sky scenario was designed to imagine a world that complies with the goals of the Paris climate agreement, managing to hold the planet’s warming to “well below” a rise of 2 degrees Celsius, or 3.6 degrees Fahrenheit, above preindustrial levels. Shell has said that it supports the Paris agreement. FULL ARTICLE read more

royaldutchshellplc.com and its 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.

New York City sues Shell, ExxonMobil, and other oil majors over climate change

Each of the first six months of 2016 set a record as the warmest respective month globally. Credit: NASA/GISS

 January 10 2018

The New York City government is suing the world’s five largest publicly traded oil companies, seeking to hold them responsible for present and future damages to the city from climate change. The suit, filed Tuesday against BP, Chevron, Conoco-Phillips, ExxonMobil and Royal Dutch Shell, claims the companies together produced 11 percent of all of global warming gases through the oil and gas products they have sold over the years. It also charges that the companies and the industry of which they are part have known for some time about the consequences but sought to obscure them. FULL ARTICLE read more

royaldutchshellplc.com and its 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.

United States Awash in Oil

December 31 at 5:09 PM U.S. crude oil production is flirting with record highs heading into the new year, thanks to the technological nimbleness of shale oil drillers. The current abundance has erased memories of 1973 gas lines, which raised pump prices dramatically, traumatizing the United States and reordering its economy. In the decades since, presidents and politicians have made pronouncements calling for U.S. energy independence. FULL ARTICLE
royaldutchshellplc.com and its 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, Eni face corruption charges in corporate bribery case

December 20 at 12:28 PM MILAN — Shell and Eni as well as former and current executives will face trial over a $1.1 billion bribery scandal to take control of one of Africa’s most lucrative oil blocks in Nigeria, a judge in Milan ruled Wednesday.

Anti-corruption campaigners say the trial, which is set to open March 5, will be the biggest corporate bribery trial in history, citing the heft of the two major oil companies involved. In all, 15 individuals face charges, including Eni’s current and former CEOs.

According to Milan prosecutors, $520 million of the $1.1 billion paid into an escrow account was converted into cash and distributed as bribes, while several hundred-million more went to a former oil minister.

Both Anglo-Dutch Shell and Italy’s Eni issued separate statements denying wrongdoing and expressing confidence that the court would exonerate the individuals charged and the companies themselves. Both companies are also under investigation in the case in the Netherlands and face charges in Nigeria. read more

royaldutchshellplc.com and its 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.

General Motors, Disney, Shell and 1,200 other companies are taking steps to fight climate change, report says

September 12 at 12:01 AM

More than 1,200 global businesses, including U.S. companies such as Disney, Shell and General Motors, are moving to embrace a carbon price — even if President Trump isn’t, according to a new report by a Washington climate think tank. While the president has suggested that tackling climate change will undermine the economy and hamstring  businesses, chief executives have been busy voluntarily putting a price on their own carbon dioxide emissions. Pricing carbon, or assigning a dollar value per ton of carbon dioxide emissions, creates a financial incentive for companies to reduce emissions. The report published on Tuesday by the Center for Climate and Energy Solutions is the first major study of corporate carbon pricing since Trump’s election. FULL ARTICLE read more

royaldutchshellplc.com and its 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.

Full extent of Harvey’s aftermath starts to come into chilling focus

In the aftermath of Hurricane Harvey, Houston and an ever-expanding swath of cities and towns in the region remained under siege Monday by torrential rain and surging floodwaters that showed no signs of abating. FULL STORY

royaldutchshellplc.com and its 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.

Royal Dutch Shell’s earnings more than triple in 2Q

By Associated Press July 27 at 2:53 AM

LONDON — Royal Dutch Shell says second-quarter earnings more than tripled as it benefited from a cost-cutting drive and recovering oil prices.The Anglo-Dutch energy giant said Thursday that profit adjusted for changes in the value of inventories and excluding one-time items rose to $3.60 billion from $1.05 billion in the same period last year. Net income rose 31 percent to $1.55 billion.CEO Ben van Beurden says the earnings reflect Shell’s restructuring to cope with lower oil prices and the purchase of natural gas producer BG Group. Shell’s oil price averaged $45.62 a barrel for the quarter, up 16 percent from a year earlier. Prices were above $100 a barrel as recently as 2014. Van Beurden says the “external price environment and energy sector developments mean we will remain very disciplined.” read more

royaldutchshellplc.com and its 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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