Posts under ‘Shell’

THE SUNDAY TIMES: You can be sure of Shell, if you dare

Jan 26th, 2020

Jill Treanor: JANUARY 26, 2020

Thanks to Greta Thunberg — who last week took her campaign to business leaders gathered in Davos for the annual World Economic Forum — the climate-change debate should have reached every boardroom.

The implications are greatest in the oil and gas sector, which is wrangling with the imminent shift to low-carbon businesses.

“There are some investors who would be concerned that the capital being deployed in low-carbon businesses will not earn returns that would be as good as in the base businesses of these companies,” says Jason Gammel at Jefferies. 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.

Reuters: ENI CEO says he may step down if found guilty in Nigeria case-WSJ

Jan 26th, 2020

by John Donovan.

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MILAN, Jan 25 (Reuters) – Italian oil group ENI’s Chief Executive Claudio Descalzi could step down if he is found guilty by an Italian court of corruption in Nigeria, he told the Wall Street Journal.

Descalzi is one of the defendants in a case over the alleged payment of bribes to facilitate a $1.3 billion oil deal for Nigeria’s OPL 245 offshore oilfield in 2011.

In a long interview published on the Wall Street Journal website on Saturday, Descalzi denied taking part in any illegal activity and said his work at ENI, where he rose through the ranks over the course of 39 years, was not done.

However, Descalzi told the WSJ that he would likely step down if found guilty in the Nigeria case rather than wait for the outcome of lengthy appeals. read more

WSJ: Italy’s Oil King Fights to Preserve His Legacy

Jan 25th, 2020

by John Donovan.

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Chief of country’s second-largest company faces accusations that he approved bribery payments to Nigerian officials

By Sarah McFarlane and Eric Sylvers: Jan. 25, 2020 8:00 am ET

By some measures, Claudio Descalzi is one of the most influential chief executives to lead Italian oil giant Eni E -0.93% SpA. But after 39 years with the company—the last six as CEO—he is on trial, facing charges that he orchestrated the company’s payment of $1.3 billion for drilling rights in Nigeria with the understanding that most of the money would be paid out in bribes.

As Mr. Descalzi fights the charges in a Milan court, he is vying for a third three-year term as Eni’s CEO. He defends his tenure leading Italy’s second-largest company and denies taking part in any illegal activity. He wants another term, he said, to continue transforming Eni and grooming its future leadership. read more

REUTERS:Nigeria charges ex-attorney general in court over $1.3 billion oil deal

Jan 24th, 2020

by John Donovan.

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JANUARY 23, 2020

ABUJA (Reuters) – Nigeria’s financial crime watchdog charged former attorney general Mohammed Adoke in court on Thursday for allegedly receiving bribes to facilitate a $1.3 billion oil deal, the agency said in a statement.

It is the latest development in one of the oil industry’s biggest corruption scandals, over the 2011 sale of the offshore oilfield known as OPL 245 by Malabu Oil and Gas.

A resulting investigation has entangled two of the sectors biggest players, Shell and Eni, as well as an array of powerful figures from the previous Nigerian government. read more

Bloomberg: From Texas to Tokyo, Global LNG Poised for Terrible Year

Jan 24th, 2020

by John Donovan.

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Stephen Stapczynski, Anna Shiryaevskaya and Naureen S. Malik. Bloomberg: January 24, 2020

(Bloomberg) — Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of supply and warmer temperatures, throwing up risks and opportunities for the producers, buyers and traders behind the world’s fastest-growing fossil fuel.

The startup of new export projects from Australia to the U.S. has flooded the market, while brimming stockpiles in Europe and an expected slowdown in Chinese demand have dumped cold water on consumption prospects. LNG for spot delivery to North Asia is on track to hit an all-time low this summer, while gas prices in Europe and the U.S. are trading at the weakest seasonal levels since 1999. read more

Reuters: Italy tax police search offices of Eni managers in obstruction probe: sources

Jan 24th, 2020

by John Donovan.

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JANUARY 23, 2020 / 10:12 PM

MILAN (Reuters) – Italian tax police searched the Milan offices of three managers at Eni (ENI.MI) on Thursday to widen an investigation into suspected obstruction of justice by officials at the Italian oil group, two sources said.

The inquiry is still in an early phase and has been overshadowed by an ongoing corruption trial centering on the 2011 purchase of a Nigerian oilfield by Eni and oil major Royal Dutch Shell Plc (RDSa.L).

Milan prosecutors opened the obstruction case in 2018 to investigate whether in 2015 and 2016 Eni officials had sought to discredit two independent board members who later became witnesses in the Nigeria case. read more

OilPrice.com: Behind Closed Doors: Big Oil Talks Broader Emission Cuts

Jan 23rd, 2020

by John Donovan.

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By Tsvetana Paraskova – Jan 22, 2020, 2:00 PM CST

Several of the world’s largest oil companies talked behind closed doors on Wednesday about the potential adoption of more stringent emission reduction targets that could include emissions from the products they sell to end consumers, sources with knowledge of the matter told Bloomberg.

At the World Economic Forum in Davos, where climate change and the urgency to act has taken center stage this year, the top executives of oil companies Chevron, BP, Shell, Total, and Saudi Aramco, among others, met to discuss whether the industry should start accounting for and drafting emission reduction targets not only for their respective oil production, but also for emissions ‘at the pump’, or the emissions from the fuels they sell. read more

The green revolution is inevitable

Jan 23rd, 2020

by John Donovan.

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Nicholas Tucker, Columnist: January 22, 2020

As the fight against climate change continues, it gets easy to view the issue as a direct two-sided conflict. It seems to be the idea of many that fossil fuel companies are trying to keep oil, coal and other nonrenewable resources, which have been the mainstay of the American power network, firmly in place at the top of energy production. However, this doesn’t seem to be the case. The real fight isn’t over whether or not the world goes green, it’s about when it does and who gets to hold or gain power in the revolutionized world that is fast-approaching. The green revolution is inevitable. read more

Saving the world !!

Jan 23rd, 2020

by John Donovan.

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1,500 private jets descend in Switzerland with guests attending the World Economic Forum discussing climate change and carbon emissions. Naturally, Shell has its own fleet of aircraft including four Dassault Falcon 7X i jets – a large-cabin, 5,950 nautical miles (11,020 km) range business jet manufactured by Dassault Aviation.

Dassault Falcon 7X i jet (Shell has FOUR of them)

SOURCE

Shell Energy an absolute shambles says customer review on Trustpilot

Jan 22nd, 2020

by John Donovan.

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The featured extracts are from customer reviews about Shell Energy posted on Trustpilot on 22 Jan 2020. Visit the Shell Energy page on Trustpilot to view all reviews in their entirety, positive and negative (and Shell Energy responses). Watch out for any fake reviews. Note the reoccurring theme in negative reviews; the difficulty in communicating with the company. Some typos and punctuation amended for ease of reading.

Don’t make the same mistake I made and use Shell Energy

The customer service for this company is non-existent, been waiting for help on call for the past 45 minutes. Never ever have I experienced such awful customer service… Avoid this company at all costs.

This company is a joke I left a review…

This company is a joke I left a review on shell last week. Called them again at 10.15 am and waited 20 minutes then a recorded message said they can call you back. It’s now 15.15 and still no call back. Their billing system is a joke… They are a joke cowboys!!!!!!

Would never go back to them poor service

Poor customer service waiting on the phone for a long time I eventually hung up… read more

Bloomberg: Oil CEOs at Davos debate tougher CO2 cuts as pressure mounts

Jan 22nd, 2020

by John Donovan.

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Javier Blas, Bloomberg Jan. 22, 2020

The bosses of some of the world’s biggest oil companies discussed adopting much more ambitious carbon targets at a closed-door meeting in Davos, a sign of how much pressure they’re under from activists and investors to address climate change.

The meeting, part of a World Economic Forum dominated by climate issues, included a debate on widening the industry’s target to include reductions in emissions from the fuels they sell, not just the greenhouse gases produced by their own operations, people familiar with the matter said on Wednesday. read more

Houston Chronicle: Climate change also poses a threat to oil’s exploration budgets, report finds

Jan 22nd, 2020

by John Donovan.

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Jordan Blum Jan. 22, 2020 Updated: Jan. 22, 2020 9:48 a.m.

The growing threat of climate change and the evolving transition toward cleaner energy alternatives are threatening spending on traditional oil and gas exploration worldwide, according to a new report.

The largest energy companies are reducing exploration budgets and facing more pressure from shareholders to conduct more exploratory drilling around the world, even amid growing reserves of oil and gas, according to energy research firm Wood Mackenzie. read more

Vanguard: FG files 42-count charge against Adoke, AGIP, Shell over Malabu oil scam

Jan 21st, 2020

by John Donovan.

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By Ikechukwu Nnochiri: JAN 21, 2020

The Federal Government, on Monday, slammed a fresh 42-count charge against the former Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Adoke, SAN, over alleged fraud in the $1.1billon Malabu oil deal.

Adoke, who served as AGF under the administration of former President Goodluck Jonathan, was arrested upon his return to the country from Dubai, United Arab Emirate, on December 19, 2019.

He went on self-exile shortly after ex-President Jonathan lost his re-election bid in 2015, but was arrested and detained in Dubai by the INTERPOL on November 11. read more

Flood of Trustpilot damning customer reviews about Shell Energy continues

Jan 21st, 2020

by John Donovan.

No comments yet

The featured extracts are from current customer reviews about Shell Energy posted on Trustpilot. Visit the Shell Energy page on Trustpilot to view all reviews in their entirety, positive and negative (and Shell Energy responses). Watch out for any fake reviews. Note the reoccurring theme in negative reviews; the difficulty in communicating with the company. Some typos, punctuation and grammar corrected for ease of reading.

Harassed to pay a bill 3 days earlier than it’s actually due

I have an energy bill that is due 24th of January, however today (21st of January) I’m getting an SMS from this hideous company telling me to pay my bill already. The message says that the bill payment is due. Seriously? I was getting this before, but this is a new “record”… 3 days before the bill is due … STOP HARASSING ME.

Terrible Customer Service

First utility was an excellent company. Since they went over to Shell the customer service has gone rapidly downhill.

They have their business model completely wrong. Isn’t it interesting how they have a member of staff responding to each of these reviews yet they have no staff available to actually deal with customer’s queries? Something very wrong there. read more

E&E NEWS: Meet America’s new superpolluters: Plastic plants

Jan 21st, 2020

by John Donovan.

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Benjamin Storrow, E&E News reporter Climatewire: Tuesday, January 21, 2020

A recent study identified 88 petrochemical projects along the Gulf Coast that are either in the planning stage or under construction. If all are completed, their combined emissions output could reach 150.8 million metric tons, the equivalent of 38 coal plants.

The same oil and gas boom that helped clean up the power sector has also made it cheaper to turn natural gas into plastics, fertilizer and other products. The process is emissions-intensive. Large quantities of natural gas liquids like ethane and propane are fed into enormous furnaces and heated to extremely high temperatures, creating smaller hydrocarbon molecules that can be separated and turned into different plastic products. read more

Fool.co.uk: Could climate change cause the Shell share price plunge to 1,300p?

Jan 21st, 2020

by John Donovan.

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At first glance, the Royal Dutch Shell (LSE: RDSB) share price looks like a desirable investment. The stock is trading at a price-to-earnings (P/E) ratio of 13.3. It also offers a dividend yield of 6.3%.

However, the oil and gas major is facing one major challenge in the years ahead that could hurt its growth. It could also render billions of pounds of investment defunct. This is the threat of climate change.

Global warming

Investors all around the world are starting to wake up to the threat of climate change and the impact it could have on industries. For most companies, re-focusing their businesses to be more green is relatively easy. Unfortunately, for Shell, it isn’t. read more

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Latest on Mon, 11:18 pm

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Reply to Pearlene Bohannon:

Please contact us via email [email protected]

Bonus Group: And sadly yet more news of BG Group diaspora. A Sound move: Sound Energy, the Moroccan focused upstream gas company, announces that, as part of its planned preparations for the forthcoming potential partial divestment of Eastern Morocco portfolio, Brian Mitchener, Exploration Director of the Company will step down from the Board with effect from 31 March 2020. At the Board's request, and to enable the Company to conserve cash balances, Mr. Mitchener has agreed to accept new ordinary shares in the Company ("Ordinary Shares") in settlement of termination of his employment contract. As a result, the Company expects to issue new Ordinary Shares, at the then prevailing price per Ordinary Share, with an aggregate market value of £107,983 on or around 25 January 2020 (the "Settlement Shares") and a further announcement will be made in this regard, as appropriate, in due course. In addition, the Company announces that a total of 863,682 restricted stock units ("RSUs") previously awarded to Mr. Mitchener will now vest in full on 31 March 2020, ahead of the original date of vesting of the RSUs, announced on 26 April 2018, of 1 January 2021.

John Donovan: Theo, I have ceased posting your comments because they do not belong here. You should set up your own blog so that you are free to cover wide-ranging subjects rather than being restricted to discussions relevant to Shell or this website. Best wishes. John

Bonus Group: More news of BG diaspora. Ms Beverley Smith https://ir.q4europe.com/Solutionsstaging/Hurricane2018tf/3942/newsArticle.aspx?storyid=14551557 Memories of a catastrophic foray into Algeria, followed by a costly and hasty retreat.

Killing this forum: Theo, if it is your intention to kill off this supposedly Shell focussed forum by boring everyone to death with nonsensical ramblings, which have little relevance to Shell, then you are succeeding. Shell is not even mentioned.

Theo Benschop: Good morning young lad in London! You are very right in the here and now! Everybody wants back to nature, everybody wants therefore to cut back on emissions, but nobody wants to walk! So in the here and now the whole world is indeed saying with the freedom of speech and the freedom to read Theo Benschop, we, the about 7 Billion simple descendants of the first human beings not being a monkey would love in the history of mankind on the by Coca Coca sponsored falling star so-called planet Earth without a plan B to know what you’ve been smoking and/or drinking, because it really has made your postings somewhat unreadable. Slow down, think and re-read what your have typed, then others may be able to understand what you are trying to say Google in the light of the free sun on this beautiful brand new day peacefully in the historic crisis in the Trias Politica with the freedom of speech and the freedom to read on the digital internet full with inspiring anti-war quotes full with ancient and modern wisdom and full with inspiring anti-cyber war quotes full of inspiring ancient and modern wisdom in the name of about 7 Billion simple descendants of the first human beings not being a monkey Wake up! Wake up! Wake up! Rise and shine! Watch out the bugs don't bite blind world leaders on the falling by Coca Cola sponsored star so-called planet Earth without plan B! The blind world leaders have in the historic crisis in the Trias Politica in the history of mankind the right to know Who is Free Immediately beloved Brother Julian Assange? Who is listen to beloved sister Rep. Ilhan Omar? Who is listen to Greta How dare you? How dare you? How dare you? Thunberg?. PS in the history of mankind on the by Coca Cola sponsored falling star so-called planet Earth without a plan B is it by the way interesting to know that Earth is not a tiny star, but instaed of this a so-called planet. So I’m answering everybody I’m smoking Look out! Authenthic Dutch Holland Blue. Roken is dodelijk – Stop nu! Tabaksrook bevat meer dan 70 stoffen die kanker veroorzaken! Je had er nooit aan deze giftige troep moeten beginnen, dummy! Stop nu met deze giftige troep! Blijf U alstublieft leven voor Uw naaste familie en Uw naaste vrienden. Wilt U alstublieft nu stoppen? Wilt U altublieft even kijken op www.ikstopnu.nl. Of wilt U alstublieft even de stoplijn 0800-1995 gratis bellen? Hartelijk dank voor uw medewerking!

LondonLad: Well “Theo Benschop” I would love to know what you’ve been smoking and/or drinking - it really has made your postings somewhat unreadable. Slow down, think and re-read what your have typed, then others may be able to understand what you are trying to say. Who is this Greta Thunderberg’s-R-Go?? As many have said before me she should finish her schooling off rather than playing truant. She might learn some other facts about climate change. For example rather than trying to preach to the converted she should attempt to persuade the likes of China, Russia, India and Indonesia to cut back on emissions. Even the likes of Shell are trying to help but of course most on this forum have their heads where the sun doesn’t shine when recognizing this fact. Oh, by the way Earth is not a tiny star it is a planet.

Theo Benschop: PS We, the about 7 Billion smart responsible owners of the tiny star so-called planet Earth without a smart plan B and beloved sister Greta Thunberg have after 40 year smart responsible discussion about the climate all the smart desired responsible knowledge about how to solve a in a smart responsible way a so-called problem with the climate on our tiny star so-called planet Earth without a smart plan B for which tiny star we are after all just until the end of times responsible. We and beloved sister Greta Thunberg are standing in the here and now in the vanities of the vanities where there will be nothing new under the free sun that is making the boring rounds around the free sun for the question is there a so called problem? Would you be so kind and smart to answer this question either with a responsible yes or no? If you have answered no, so-called problem solved, thank you very much for your smart responsible cooperation! If you have answered yes, the so-called problem is than not solved. In that smart case would you be so kind and smart to answer this responsible question either with yes or no? I am a smart responsible owner of the tiny star so-called planet Earth without a smart plan B. I think the who smart responsible discussion is just hysteric responsible nonsense, so just stay until the end of times with the smart plan A. Yes or no? If you have answered yes, so-called problem solved, thank you very much for your smart responsible cooperation! If you have answered no, so-called problem not solved. Would you be so kind and smart to answer this responsible question either with yes or no? I am a smart responsible owner of the tiny star so-called planet Earth without a smart plan B. I am in the here and now willing to solve a so-called problem, like beloved sister Greta Thunberg. I choose for smart responsible plan B. Next case! Thank you very much for your smart responsible cooperation!

Theo Benschop: Good morning young lad in London! Young lad in London, I have to tell you with the freedom of speech that I in the here and now thought that I had in an earlier stadium in the history of mankind replied to your reaction. So this means that I do this for the second time as 1+1=2. Let I start with good news: there is in the history of mankind not such a thing as a so-called problem for the simple reason it just in the history of mankind doesn’t exist. I could have started also with Happy Xmas, War is over. If for instance young men in London in the United Divided BREXIT want it. But I didn’t as you can read with the freedom to read. Furthermore I bring under your attention that it is in the history of mankind not allowed to talk falsely about your beloved neighbours. Hereby I repeat black on white “I know for sure that a former director has maybe in the context of the subject literally had said: everybody knows that the smart people at the oil companies have a plan B. So it will be a problem if the government is not giving the start moment for the smart plans B. So if you want to solve this simple problem: all what the government has to do is fix the price of the Black Gold - sorry, I mean the oil, or petrol for the cars, as everybody wants beautiful nature, but nobody wants to walk, which is a good thing for the shareholders – at a level nobody will notice. Maybe add something to the price. But there you have the money to pay for the transition to a more sustainable energy. So actually what everybody wants in the agreements in Paris. Also I know for sure that beloved sister Rep. Ilham Omar was perfectly right in her conclusion that a few guilty criminals did something to create the chaos of nine eleven, so not the rest of the Universe. So that about 7 Billion simple descendants of the first human beings not being a monkey are supporting her for keep on being the one and only first president of all sovereign or not sovereign United Nations.

Bogus Group: BG Alumni….... normally your post wouldn’t warrant a response from me, however I’m curious to know, what was the idea that was fostered? The website is intertwined since Shell’s acquisition of BG Group, and having worked for both companies, I feel compelled to post my comments, as others should be made aware of the traits of some of their “colleagues”. I don’t know why you’d state the website is becoming ‘bitter and twisted’, my posts are factual, and having knowledge of the workings of BG Group, there is no reason to doubt that Bonus Group’s posts are not equally factual. I had the pleasure of working with a lot of committed people in both companies, mostly with good intent, but there were others with contrasting agendas, some bordering on sinister. Unfortunately, many of the good ones either left or were pushed, as they were seen as a threat to the lackey’s, intent in moving up the corporate ladder at all costs, emboldened by the toxic corporate culture. Some issues must be highlighted. For example, the Brent ‘TFA policy’, fatalities in a Brent Bravo utility shaft, a further fatality 2-years later in the same utility shaft and BG Group’s 20 plus fatalities in a ten-year period. Many of the causal factors can be attributed to the same management enablers, but because they were shielded by company lawyers, there was no accountability. If anyone should be branded ‘bitter and twisted’ it’s the lawyers. Is this what Michael Coates meant when he said one of his biggest internal challenges was his in-house legal team? It’s crucial to have people with the courage to express an opinion as opposed to those who turn a blind eye to failings. I could hazard a guess at what camp you’d be in.

Bonus Group: BG Alumni. Ha, ha! Your post is a typical example of the quality of BG Group work. Can't read what they have written, can't check what they have written, can't type and if you don't know, then lie. Bonus Group's posts are about the dismally poor standards at BG Group and their consequences. Sure, everyone liked being employed by BG Group, because they were well paid and didn't have to do any serious work. It was a case of 'passing the parcel' by email when you couldn't do the work required. All to the shareholders' detriment. I suggest that you go back to your cappuccino. Or is it a latte?

BG Alumni: It's about time Bonus Group and Bogus Group moved on. This website is repaidly becoming all baout the bitter and twisted.I can't imagine how that idea was fostered.

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Posts under ‘Shell’

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MILAN, Jan 25 (Reuters) – Italian oil group ENI’s Chief Executive Claudio Descalzi could step down if he is found guilty by an Italian court of corruption in Nigeria, he told the Wall Street Journal.

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Chief of country’s second-largest company faces accusations that he approved bribery payments to Nigerian officials

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Stephen Stapczynski, Anna Shiryaevskaya and Naureen S. Malik. Bloomberg: January 24, 2020

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Dassault Falcon 7X i jet (Shell has FOUR of them)

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Javier Blas, Bloomberg Jan. 22, 2020

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Jordan Blum Jan. 22, 2020 Updated: Jan. 22, 2020 9:48 a.m.

The growing threat of climate change and the evolving transition toward cleaner energy alternatives are threatening spending on traditional oil and gas exploration worldwide, according to a new report.

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By Ikechukwu Nnochiri: JAN 21, 2020

The Federal Government, on Monday, slammed a fresh 42-count charge against the former Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Adoke, SAN, over alleged fraud in the $1.1billon Malabu oil deal.

Adoke, who served as AGF under the administration of former President Goodluck Jonathan, was arrested upon his return to the country from Dubai, United Arab Emirate, on December 19, 2019.

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Benjamin Storrow, E&E News reporter Climatewire: Tuesday, January 21, 2020

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Global warming

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SHELL EXECUTIVES AT THE CENTER OF A SCHEME TO STEAL $1.3 BILLION FROM NIGERIA’S PEOPLE

SHELL ADMITS DEALING WITH NIGERIAN MONEY LAUNDERER – BBC NEWS

SHELL, ENI AND NIGERIAN OFFICIALS IN OPL 245 CORRUPTION SCANDAL

INVESTIGATION OF OPL 245 NIGERIAN OIL CORRUPTION SCANDAL

SHELL KILLS FOR OIL IN NIGERIA

ESTHER KIOBEL SUES SHELL FOR COMPLICITY IN HUSBANDS MURDER

ESTHER KIOBEL: EVIL OIL GIANT SHELL COLLUDED IN THE EXECUTION OF MY INNOCENT HUSBAND

SHELL LIED ABOUT CLEANING UP OIL IN NIGER DELTA

SHELL SPIES INFILTRATED NIGERIAN GOVERNMENT

DUTCH EARTHQUAKES CAUSED BY SHELL/EXXON

LEGO DROPS SHELL OVER GREENPEACE OIL SPILL VIDEO

SHELL ARCTIC DRILLING ACCIDENTS

SHELL KNEW ABOUT CLIMATE CHANGE DECADES AGO

JOHN DONOVAN TV DOCUMENTARY INTERVIEW

ABANDONED BY SHELL: KEITH MACDONALD & FAMILY, VICTIMS OF RADIOACTIVE CONTAMINATION AT WORK

ROYAL DUTCH SHELL FOUNDER SIR HENRI DETERDING, NAZI FINANCIER

JOHN DONOVAN PROMOTIONAL GAMES FOR SHELL AND OTHER CLIENTS

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AN OPEN WOUND FOR SHELL SAYS FT

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