Sep 22nd, 2021
by John Donovan.
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Reuters
Shell’s U.S. exit gives investors a sugar rush
September 21, 20211:17 PM BST
LONDON, Sept 21 (Reuters Breakingviews) – Royal Dutch Shell (RDSa.L), has left the building. The $153 billion Anglo-Dutch oil giant on Monday offloaded 225,000 acres of shale assets in the Permian basin to U.S. rival ConocoPhillips (COP.N) for $9.5 billion in cash.
With oil at $70 per barrel, the price looks on the low side: consultancy Wood Mackenzie estimates the assets are worth more than $13 billion. But at $42,000 an acre it’s roughly in line with recent local deals, according to Berenberg analysts. read more
BP and Royal Dutch Shell (RDS.A, RDS.B) are disappointed at being sidelined at the United Nations climate conference which starts October 31 in Glasgow, Wall Street Journal reports, as the oil industry has yet to agree on science-based plans for how it will reduce carbon emissions, a hurdle U.K. organizers set as a prerequisite for involvement in the event.
Both companies reportedly had hoped to be more heavily involved in the event after committing to plans to pivot away from oil and gas and invest more in low-carbon energy, though they plan to send staff, and BP says CEO Bernard Looney will attend.
Other energy firms, such as utilities SSE (OTCPK:SSEZY) and Scottish Power, which is owned by Ibderdrola (OTCPK:IBDRY), are among the event’s sponsors after their emissions reduction plans were approved by the organizers.
Meanwhile, a new United Nations analysis of country pledges under the Paris climate agreement says global emissions would be 16% higher in 2030 than in 2010, far from the 45% reduction by 2030 that scientists say is needed to stave off serious climate change.
HOUSTON — Royal Dutch Shell sold its oil and gas production in the Permian Basin, the biggest American oil field, to ConocoPhillips for $9.5 billion in cash on Monday.
The deal marks a turning point for Shell, which had put considerable effort into developing the 225,000-acre field since buying it from Chesapeake Energy nine years ago, expanding its production to about 200,000 barrels a day.read more
Sep 20th, 2021
by John Donovan.
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The Guardian
Competition watchdog gives firms deadline on ending ‘greenwashing’
Rob Davies: Mon 20 Sep 2021 16.02 BST
The UK competition watchdog has given companies that make misleading claims about their environmental credentials until the end of the year to stop the practice, which is known as “greenwashing”.
Too many businesses were “falsely taking credit for being green” in order to woo environmentally minded consumers, the Competition and Markets Authority said.
Also in 2020, the Advertising Standards Authority clamped down on several major companies, including the airline Ryanair, the carmaker BMW and the oil producer Shell, over greenwashing adverts.read more
Sep 19th, 2021
by John Donovan.
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Roger Cox: The lawyer who brought Shell to its knees
Cox may come from Maastricht, but this climate lawyer has developed an international reputation thanks to his role in a case against Royal Dutch Shell. Back in May, the Limburger won what former Vice President Al Gore called a David vs Goliath legal battle that forced Shell to reduce its emissions by 45 percent by 2030.
The committee called on top executives at ExxonMobil, BP, Chevron, Shell and lobbying groups American Petroleum Institute and the U.S. Chamber of Commerce to testify before Congress next month.
The committee also requested documents on the reported role of the oil and gas industry in a long-term campaign to spread climate disinformation and undermine climate policy.
The House Oversight Committee on Thursday expanded its investigation into the fossil fuel industry’s involvement in spreading disinformation about the role fossil fuels play in causing climate change.
Committee Chairwoman Carolyn Maloney, D-N.Y., and Subcommittee on the Environment Chairman Ro Khanna, D-Calif., called on top executives at ExxonMobil, BP, Chevron, Shell and lobbying groups American Petroleum Institute and the U.S. Chamber of Commerce to testify before Congress next month.read more
Royal Dutch Shell even anticipated the current wave of lawsuits: an internal study in 1998 forecast a scenario in which environmental groups would band together to file “a class action lawsuit on the grounds of neglecting what scientists, including [the industry’s] own, have been saying for years”.
Indeed, last May the Netherlands branch of the advocacy group Friends of the Earth won a landmark case against Shell. A Dutch court ordered Shell to bring its global operations in line with the Paris agreement goal of limiting temperature rise to 1.5C above pre-industrial levels. This will require Shell to reduce both its own and its customers’ emissions by a staggering 45% from 2019 levels by 2030. Shell is appealing the ruling.read more
Sep 16th, 2021
by John Donovan.
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Photo Credit: Photographic Services, Shell International Limited.
Shell to Build Biofuels Facility in Rotterdam
By Jaime Llinares Taboada
Royal Dutch Shell PLC said Thursday that it will build a 820,000 metric ton-a-year biofuels facility at its Energy and Chemicals Park in Rotterdam, the Netherlands.
The energy company said it has reached a final investment decision on the project, which is expected to start production of low-carbon fuels in 2024.read more
SANTA MONICA, Calif., Sept. 15, 2021 /PRNewswire/ — Inspire, a technology enabled clean energy company, announced that it has officially completed its acquisition agreement with Shell New Energies US LLC (Shell), a subsidiary of Royal Dutch Shell plc. As part of Shell, Inspire intends to accelerate its mission by scaling its offering of clean energy access to homes in the U.S.read more
Sep 9th, 2021
by John Donovan.
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The Guardian
Science Museum to remove climate placard from Shell-sponsored show
Thursday 9 Sept 2021
The Science Museum has said it will take down a placard created by a student for the school climate strikes after an appeal to remove it from an exhibition sponsored by Shell.
In an open letter sent to the museum, the UK Student Climate Network (UKSCN) called for the placards to never be used in any “fossil fuel-sponsored” space again, saying the inclusion in the Our Future Planet exhibition was an attempt to greenwash and legitimise the oil company.read more
Sep 4th, 2021
by John Donovan.
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Shell is looking to develop a huge floating offshore wind farm in South Korea
Anmar Frangoul: CNBC: PUBLISHED FRI, SEP 3 20217:48 AM EDT
A joint venture centered around the development of a massive floating offshore wind farm in waters off South Korea has been formally established.
Oil and gas major Shell has an 80% stake in the JV, which is called MunmuBaram, with the remaining 20% held by CoensHexicon. The latter is itself a joint venture between South Korea-headquartered COENS and Swedish firm Hexicon.
In a statement earlier this week Shell said the project was in what it described as “a feasibility assessment stage.” If built, the 1.4 gigawatt wind farm would be situated between 65 and 80 kilometers off Ulsan, a coastal city and industrial hub in the south east of the country.read more
The Netherlands’ advertising watchdog has urged Royal Dutch Shell to stop running a campaign promoting fuel purchases as ‘carbon neutral’, providing that customers purchase offsets.
The campaign in question promotes a Shell offer whereby those buying petrol and diesel can choose to pay an extra fee that will fund carbon offsetting. Shell uses carbon credits that support nature-based projects including tree planting.read more
Sep 1st, 2021
by John Donovan.
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Photo Credit: Photographic Services, Shell International Limited.
BBC News: Sept 1, 2021
Oil giant Shell announced on Wednesday it was aiming to install 50,000 charging points on Britain’s streets by 2025, as part of a government-backed push to increase electric vehicle numbers and reduce carbon emissions to net zero by 2050.
Shell will roll out the charging points through on-street charging point company Ubitricity, which it acquired in February.
The government has estimated that the UK will need between 280,000 and 480,000 charging points by 2030, the year it plans to ban the sale of new petrol and diesel cars.read more
Sep 1st, 2021
by John Donovan.
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Photo Credit: Photographic Services, Shell International Limited.
Sky News
Shell plans to install 50,000 electric vehicle charging points across UK
Wednesday 1 September 2021 08:01, UK
The energy giant is offering to help local authorities pay for the installation of the chargers as part of a push to build new infrastructure ahead of the planned phase-out of petrol and diesel vehicles.
It is part of a push to make more charging points available to drivers without private parking as the government targets a reduction in carbon emissions to net zero by 2050.read more
USA USA USA: ABOUT TIME! With the continued number of offshore cases, deaths in the office, and impacts on production, it's a simple business decision. Expect a number of offshore folks will complain mightily, but not too different than the complaints for implementation of the life saving rules, flame retardant clothing, drug testing, etc...
COVID - Do the RIGHT THING!: I am sure that the Shell big bosses today had a lot to process with respect to the vaccine requirements. Offshore GOM, about half of the Shell staff based offshore have not "self declared" their vaccination status, while over 95% of the office based staff have. The operations teams have openly commented about the "risk" that people will leave if Shell or USCG required vaccinations for offshore work. On the other side of the coin, shutting in production for a few days on a TLP due to lack of healthy control room operators would suggest that we can afford to find people who will take the shot. There are so many skilled production operators that have lost employment in the last three years... just up the pay and fill the vacancies! Come on Shell do the right thing and make the vaccine a requirement - the safety of the staff has always been stated as the highest value. Any claim that this is a diversity and inclusiveness issue is a completely false narrative. Its like comparing it to respect people who choose to drive without a seatbelt, work at heights without fall protection, or don't wash their hands after using the toilet!
exmtv: the 11 refined products terminals.
5 in the northeast most likely to be acquired by Buckeye partners, and the remaining 6 by Motiva. Before the end of the year!
Moon Cracker: Well, if you are going to steal my name... I will change it to the other Penn Chem nickname. I remember some of the folks over their running through lots of potential names for "Penn Chem" - PCP, Beaver Cracker , Monaca Cracker, Moon Cracker, Moon Chemical, Franklin, etc. Really its just one of the biggest failures in BvB's many. (BG, Brazil, Prelude, LNG, etc.) next he will continue to sell the crown jewels for costume jewelry prices. At least the old dirty oil business is generating enough cash to keep the company standing with such terrible management decision making.
Beaver Cracker: The recent allegations highlight that the inspectors in charge of assuring safety and environmental protection on large pipeline projects are usually paid by the pipeline builders themselves. Critics say that creates a conflict of interest, but pipeline industry officials compare the practice to quality control in other areas of manufacturing.
“The system isn’t set up to ensure experienced and accountable inspections,” said Shannon Smith of the FracTracker Alliance, a Pennsylvania-based energy watchdog group that has monitored Shell’s project.
Economic Growth = Environmental Recession: You can be SURE of HELL, sorry missed an ‘s’ SHELL
Very poor upload speeds: Unfortunately I was persuaded to switch to Shell Energy Broadband after a conversation with a staffer of USwitch, supposedly because download speeds were a little faster than PlusNet.
But what a bad decision! Upload speeds are truly terrible, and the download speeds struggle to get up to what they publicise. Its an indictment of USwitch advice that they failed to point out how much upload speeds can vary between providers and that you can be trading DOWN to a worse service.
Oh and I didn't even mention that the router they provided has disabled 'itself' off wireless twice already, the system having to be 'reset' at great inconvenience.
Do the sane thing - don't be tempted as I was to choose this provider.
USA USA USA: ok... it looks like Malaysia is next on the chopping block. piece by piece...
Beaver Cracker: Rather than fixing the problem, Shell ordered the whistleblowers off the project and the contractor fired the two inspectors. The couple’s allegations are contained in their whistleblower complaint filed with the Labor Department.
Listen and read proof in audio and transcript form of Shell CEO Ben van Beurden’s cover-up tactics in the OPL 245 Nigerian corruption scandal. The instruction given by him in the covertly recorded call to CFO Simon Henry was at odds with Shell’s claimed core business principles. Cover-up and obstruction, instead of transparency and integrity, says Shell critic John Donovan
JOHN DONOVAN TV DOCUMENTARY INTERVIEW
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
DUTCH EARTHQUAKES CAUSED BY SHELL/EXXON
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
LEGO DROPS SHELL OVER GREENPEACE OIL SPILL VIDEO
SHELL ARCTIC DRILLING ACCIDENTS
SHELL KNEW ABOUT CLIMATE CHANGE DECADES AGO
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
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON. EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
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See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission websiteetc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 60 books also containing references to our non-profit websites and/or our activities.
John Donovan, the website owner A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
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Photo Credit: Photographic Services, Shell International Limited.
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EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.