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Shell and Total Plot Move to NYC: Because When You’re Desperate, Anything Sounds Like a Good Idea!

Posted by John Donovan: 9 May 2024

Alright, folks, gather ’round for a classic tale of “The Grass is Greener in the U.S.,” starring none other than Shell and TotalEnergies, the European oil megastars. In their latest “poor us” saga, they’re eyeing New York like it’s the promised land of stock market valuations. Oh, the excitement!

Now, don’t get too teary-eyed, but Shell’s Chief Executive, Wael Sawan, dropped a little hint on his earnings call that if Europe keeps treating them like the ugly ducklings of the stock market, they might just take their ball and go play in New York by the end of 2025. TotalEnergies’ big boss, Patrick Pouyanné, isn’t sitting quietly either. He’s been tasked by the board to mull over this geographical leap of faith and spill the beans by September. 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 and TotalEnergies Eye Greener Pastures: The Big Apple’s Stock Exchange

Posted by John Donovan: 7 May 2024

Oh, the drama! TotalEnergies and Shell, those titans of the oil industry, are having a little daydream about moving their stock listings to the flashy stages of Wall Street. Why, you ask? Their current market valuations are as deflated as a punctured oil barrel. Boo-hoo.

In a tragic tale of European neglect and American allure, these two energy behemoths are feeling undervalued back home—kind of like ageing movie stars pining for one last blockbuster. TotalEnergies, the belle of France, is so distraught that even Patrick Pouyanné, the CEO, is openly mulling over a move. He confessed in an earnings call, “There was a discussion with the board.” Yes, folks, they’re “seriously looking at it” because, let’s face it, America is where the big-money parties are. 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 to Investors: Screw Climate, We’re Too Busy Making Money

Posted by John Donovan: 17 April 2024

In what seems like a page ripped straight out of the corporate greed playbook, Shell is playing hardball with its shareholders over climate targets. Buckle up, folks, because this one’s a doozy.

So, there’s this resolution, right? A bunch of investors, with pockets so deep they practically touch the Earth’s core, want Shell to tighten its grip on climate goals. But what does Shell do? They tell their shareholders, “Nah, we’re good.” 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 Giants’ Climate Targets Go Up in Smoke

Another day, another dose of corporate greed and environmental destruction. Will these oil giants ever learn? Or will they continue to put profits over the planet?

Posted by John Donovan 30 March 2024

Brace yourselves for another round of corporate shenanigans, this time starring none other than Shell, the world’s second-largest oil and gas company. In a move that surprises absolutely no one except maybe the most optimistic tree-hugger, Shell has decided to scale back its climate pledges. Saving the planet is just too darn risky for these fossil fuel titans.

Shell’s chief executive, Wael Sawan, voiced his concerns to Reuters, declaring it “perilous” to set emission reduction targets for 2035 due to the “uncertainty” in the energy transition trajectory. Translation: We’re not sure if we want to stop destroying the planet just yet, folks. 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 and Co.’s Latest Scheme: Dumping CO2 in Southeast Asia, Because Why the Hell Not?

Posted by John Donovan 28 March 2024

Hold onto your hats, folks, because it looks like the oil giants have come up with a brilliant new plan to tackle climate change: burying massive amounts of CO2 deep underground in Southeast Asia. Yes, you heard that right. After decades of gleefully pumping carbon into the atmosphere like there’s no tomorrow, Exxon, Shell, Chevron, and their merry band of polluters have suddenly had a change of heart—or more likely, a change of profit margins.

You see, carbon dioxide storage is the latest cash cow for these fossil fuel fiends, promising them billions in revenue while they continue to wreak havoc on our planet. And where better to dump their toxic waste than in countries like Indonesia and Malaysia, where regulations are lax and profits are high?

Exxon Mobil’s CEO Darren Woods is practically giddy at the prospect, boasting about securing “exclusive rights to CO2 storage” in these unsuspecting nations. Nothing says “saving the planet” like monopolizing the substance driving us towards environmental catastrophe. 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 and Friends’ Climate Change Lies: Another Lawsuit Calls Out Big Oil’s Deception

“These companies have known since at least the 1950s that their ways of doing business were having calamitous effects on our planet, and rather than change what they were doing or raise the alarm, they lied to all of us.”

Posted by John Donovan 27 March 2024

In a move that surprises exactly no one who’s been paying attention to the planet literally burning, Bucks County, nestled in suburban Philadelphia, has taken a bold step in joining the chorus of voices suing Big Oil for their epic saga of deception regarding climate change.

Bucks County, in its lawsuit against a handful of oil behemoths, points fingers at these corporate giants for a litany of sins, including but not limited to, more storms than a Shakespearean tragedy, flooding that would make Noah blush, and heat waves that would melt the polar ice caps faster than you can say “polar bear.” Oh, and let’s not forget the casualties—like the seven unfortunate souls who met their watery demise in a flash flood last summer, courtesy of climate change’s MVPs: oil companies. 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 Giants in Panic Mode: Payout Promises Up in Smoke as Prices Plummet

Posted by John Donovan: 24 March 2024

Well, well, well, it looks like the bigwigs in the oil industry are having a bit of a “Oh shit, what now?” moment as oil prices take a nosedive. In a shocking turn of events that absolutely no one could have predicted (except maybe every economist ever), Brent crude decided to plummet a whopping 24% in a single day, leaving oil executives scratching their heads and frantically revising their plans to return billions to investors.

It seems the recent oil price rollercoaster was triggered by Russia saying “nyet” to an OPEC agreement to cut output. And just like that, the oil market went from “steady sailing” to “full-blown panic mode” faster than you can say “fossil fuels are so last century.”

Now, in a desperate attempt to keep investors from jumping ship, oil companies are scrambling to reassess their spending plans. But let’s be real here, folks—when your primary source of income is as volatile as a teenager’s mood swings, you’re bound to hit a few bumps in the road. 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.

Big Oil Plays Pretend: Phasing Out Fossil Fuels Deemed ‘Fantasy’ Amid Record Profits

Posted by John Donovan: 20 March 2024

In a dazzling display of corporate doublethink, oil moguls gathered in Houston, casually shrugging off any pretence of urgency in the face of the climate crisis. Despite John F. Kerry’s victory lap at the U.N. Climate Change Conference in Dubai, declaring a monumental shift away from fossil fuels, the lords of oil in Houston had a hearty laugh. “Missed the memo, John,” they seemed to say, before diving into their Scrooge McDuck-style money vaults. 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.

Dutch Pension Fund Dumps Oil Stocks, including Shell, Like Hot Potatoes

Even the Church of England Pensions Board, known more for its hymns than its hardline stance on hydrocarbons, had already ghosted Shell over its “climate stance” last year.

Posted by John Donovan: 8 Feb 24

In a move that’s as shocking as finding out water is wet, a Dutch pension fund, PFZW, has finally decided that maybe, just maybe, holding onto stocks in oil and gas behemoths like Shell, BP, and TotalEnergies isn’t the greenest idea they’ve had. So, they’ve ditched their shares in 310 oil and gas companies, a divestment spree worth around €2.8 billion, because – surprise! – these companies are about as speedy as a snail on sedatives when it comes to cutting emissions. 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 Magnates Celebrate Profits With A Rain of Cash, While the World Burns

Posted by John Donovan: 2 Jan 2024

Oh, what a time to be alive in the golden age of oil! As the world gasps in horror at climate change and energy crises, our heroic oil companies – BP, Shell, Chevron, ExxonMobil, and TotalEnergies – are set to dole out a staggering $100 billion in payouts to their beloved shareholders. It’s like a fairy tale, where the rich get richer while the planet heats up!

In 2022, these noble guardians of fossil fuels blessed their shareholders with $104 billion in dividends and buybacks, according to the Institute for Energy Economics and Financial Analysis (IEEFA). All this, after a year of record-breaking profits thanks to the turmoil in energy markets. Who knew that a global crisis could be so lucrative? 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.

Big Oil’s Next Genius Moves to Save the Planet

Posted by John Donovan 31 August 2023

Well, aren’t we in for a treat!

It seems the world’s most environmentally-conscious buddies, our friendly neighbourhood oil giants like BP, Chevron, ExxonMobil, Shell, and TotalEnergies, are diving deep into the influencer market. Because when you think “innovation in renewable energy,” you naturally think: “Instagram and TikTok!”

AFP has sniffed out a trend where icons of video game walkthroughs, doggo videos, and #VacationGoals are suddenly pivoting to plug gas stations and fuel rewards cards. Because, let’s be honest, who wouldn’t want a behind-the-scenes look at your favourite influencer’s exhilarating journey to the pump? 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 Climate Pledge Pivot: A Masterclass in Greenwashing and Shady Business Tactics

Shell’s actions demonstrate a clear disregard for the planet and its future, all in the name of maximizing short-term profits.

Posted by John Donovan July 17, 2023

Shell has left climate experts fuming with its latest admission, as the company backtracks on its 2050 net-zero pledge to prioritize shareholder returns and production. This move has sparked outrage and accusations of greenwashing, as Shell continues to profit from dirty energy while pretending to be a friend to the planet. The company’s actions are seen as pure climate vandalism, with critics highlighting the glaring gap between Shell’s rhetoric and its actual business practices. 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.

Church of England Dumps Greedy Oil Giants, Refuses to Compromise on Climate Responsibility

The Church of England’s divestment is a powerful rebuke to the fossil fuel industry. It demonstrates that morality and environmental stewardship take precedence over short-term profit maximization.

Posted by John Donovan: 23 Jiune 2023

In a remarkable display of moral clarity, the Church of England has taken a decisive stand against the heartless oil and gas behemoths. The Church, recognizing its duty to protect God’s creation, has decided to sell its investments in BP, Shell, Total, and other major polluters. Finally, the faithful have declared that fossil fuels have no place in their mission to safeguard the planet.

The Church’s divestment from oil and gas companies is a direct response to their abysmal failure in taking meaningful action toward achieving net-zero emissions and combating global warming. In 2018, the General Synod, the Church’s lawmaking body, voted to disinvest from fossil fuel companies that demonstrated a lack of commitment to addressing climate change. Additionally, the Synod set a target in 2020 for the Church to achieve carbon neutrality by 2030. 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, Total continue buyback bonanza after record profits

CNBC

Shell, Total continue buyback bonanza after record profits

KEY POINTS

  • Europe’s oil giants Shell and TotalEnergies extended share buybacks after their second-quarter profits beat an already record-breaking previous quarter.

  • The two companies combined are buying back $8 billion in shares in the third quarter.

  • Benchmark Brent crude oil futures have risen more than 140% in the past twelve months, averaging around $114 a barrel in the quarter.

Europe’s biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their second-quarter profits beat an already record-breaking previous quarter on the back of soaring crude, gas and oil product prices.

The two companies combined are buying back $8 billion in shares in the third quarter after recording their respective highest quarterly profits while keeping their dividends steady, which might disappoint some investors. 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.

Big Oil braces for shareholder revolt over climate plans in proxy voting season

CNBC

Big Oil braces for shareholder revolt over climate plans in proxy voting season

Sam Meredith@SMEREDITH19

  • Oil and gas majors on both sides of the Atlantic are scheduled to hold their annual general meetings in the coming weeks.
  • The forthcoming proxy season comes amid intensifying pressure on Big Oil to set short- and medium-term targets in line with the landmark Paris Agreement.
  • At present, not a single oil and gas major is aligned with the Paris Agreement’s goal of curbing global heating to 1.5 degrees Celsius above pre-industrial levels.

LONDON — Some of the world’s largest corporate emitters face the prospect of a shareholder rebellion this month, with climate-related votes poised to spike throughout the proxy season.

Oil and gas majors on both sides of the Atlantic are scheduled to hold their annual general meetings in the coming weeks. Existing climate strategies are up for votes alongside a range of investor-led resolutions targeting emissions reductions. 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 Giants Sell Dirty Wells to Buyers With Looser Climate Goals, Study Finds

Oil Giants Sell Dirty Wells to Buyers With Looser Climate Goals, Study Finds

The transactions can help major oil and gas companies clean up their own production by transferring polluting assets to a different firm, the analysis said.

: May 10, 2022

When Royal Dutch Shell sold off its stake in the Umuechem oil field in Nigeria last year, it was, on paper, a step forward for the company’s climate ambitions: Shell could clean up its holdings, raise money to invest in cleaner technologies, and move toward its goal of net zero emissions by 2050. 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.