News and information on Royal Dutch Shell Plc
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Shell asks Alaska regulators for more time to find partners for North Slope prospect
21 Oct 2021
Shell Offshore is asking Alaska regulators for more time to find partners to explore a remote North Slope prospect.
In Oct. 6 filings recently posted to the division’s website, attorneys representing the subsidiary of Royal Dutch Shell asked Division of Oil and Gas officials for an extra year to secure a new operator for exploring the oil giant’s West Harrison Bay Unit.
Oil And Coal Firms Guilty Of ‘Great Deception’ Through Greenwashing, Say Climate Lawyers
A team of U.K. lawyers today released what they say is new evidence showing that the world’s biggest fossil fuel companies are systematically “greenwashing” their image to make the public believe they are taking concrete steps to combat climate change. In reality, the lawyers say, the firms are committed to increasing the sale of fossil fuels, which will inevitably generate more greenhouse gas emissions.
Shell seeks Alaska lease extension, but no plans to return
Extension seen as way to make the leases more attractive to a potential buyer
The Associated Press · Posted: Sep 25, 2020 5:59 PM CT | Last Updated: September 26Oil company Shell is seeking an extension of leases it holds in Alaska as a way to make the leases more attractive to a potential buyer and does not itself plan a return to operations in the state, spokesperson Curtis Smith said Friday.
Smith said the leases for which the company is seeking an extension represent the bulk of leases Shell still holds in Alaska.
‘Stranded Assets’ Risk Rising With Climate Action and $40 Oil
What had seemed like an abstract debate about leaving oil, gas and coal in the ground to fight climate change has suddenly become real. Environmental activists have long fought for lower fossil-fuel production. Now, with the pandemic crippling economies and reducing energy use and prices, drillers and miners are coming to grips with projects that are no longer viable. Some companies are even abandoning investments, leaving deposits worth billions of dollars in the ground to languish as so-called “stranded assets.” While environmentalists applaud, fund managers, banks and regulators worry that project financing could sour and collateral become worthless.
Shell Offshore files plans to return to Alaska’s North Slope
Author:
A supermajor oil company is looking to advance its position on Alaska’s North Slope.
Shell Offshore Inc. has applied to form the West Harrison Bay Unit in state waters just offshore from the National Petroleum Reserve-Alaska with plans to drill the area in search of oil in the coming years, according to documents submitted to the state Division of Oil and Gas.
If the Dutch oil industry giant can secure a partner to share in the costs and risks of remote offshore North Slope exploration, it expects to drill exploration wells in the West Harrison Bay Unit with at least one sidetrack each in 2023 and 2024, Shell’s initial unit plan of exploration states.
Russia Looks To Lure Shell Into New Arctic Oil Project
By Simon Watkins – Aug 10, 2020, 4:00 PM CDT
Central now to Russia’s hydrocarbons-related power is its Arctic sector oil and gas reserves. These comprise over 35,700 billion cubic metres of natural gas and over 2,300 million metric tons of oil and condensate, principally located in the Yamal and Gydan peninsulas. According to recent comments from Russia’s President, Vladimir Putin, the next 10-15 years will witness a dramatic expansion in the extraction of these Arctic resources, and a build-out of the Northern Sea Route (NSR) as the main transport route to monetise these resources in the global hydrocarbons markets. To these ends, last week saw the announcement of a joint venture (JV) between Russia’s third biggest oil company by output and the oil arm of state gas giant Gazprom, Gazprom Neft, and Anglo-Dutch super-major, Royal Dutch Shell (Shell).
Shell apparently paid 4.7 USD billion in 2010 for the Marcellus shale and sells it now for 0.541 USD billion.
How does this fit in with Shell’s strategy to provide a “world class investment case”? Some investors reacted sheepishly to the dividend haircut as a “sensible choice made by the Board”. Other investors see perhaps deeper underlying issues with Shell’s management choices and delivery performance, triggering calls for a Van Beurden succession plan.
Perhaps they see a longer legacy of poor choices and dud projects. (Shale, drilling in the Arctic, lacklustre exploration success, Prelude, BG acquisition, ….)
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 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!!!!!!
Poor customer service waiting on the phone for a long time I eventually hung up…
Management thinks the things it has done in recent years will set it up to deliver huge returns for shareholders.Now that Shell has weathered the storm of low oil prices and is back to generating returns, management has plans both within and without the oil industry to preserve what it calls a “world-class investment case.” Here are several quotes from the company’s most recent earnings conference call that highlight some of the efforts Shell is taking to both grow the business and make the stock a better investment.
…these are also the same waters unsuccessfully explored by Royal Dutch Shell in 2015, after which the company halted Arctic operations for the foreseeable future.Interior Secretary Ryan Zinke released the Trump Administration’s long-awaited offshore drilling proposal last week. Once enacted, the plan will replace the existing leasing schedule, which was designed by the previous administration and had been set to run through 2022. New administrations are free to scrap the hold-over plans of prior administrations, and anyone who followed the 2016 presidential campaign knew that President Trump had a dramatically different view of offshore energy development than his predecessor. FULL ARTICLE
Credit: BSEE: By =&0=&2017-12-27 18:15:55
Oil exploration in U.S. Arctic waters got underway this week with the spudding of a new oil well from the man-made Spy Island in the Beaufort Sea. Eni began drilling the new well off the north coast of Alaska, becoming the first company to do so since 2015.The well is expected to be over six miles (10 kilometers) long, and the project could result in oil production levels of 20,000 barrels a day. Eni is working with Royal Dutch Shell and plans to drill two exploration wells plus two potential sidetrack wells over the next two years. FULL ARTICLE
DECEMBER 27, 2017
HOUSTON (Reuters) – Italian oil producer Eni this week began drilling a new well in U.S. waters off the north coast of Alaska, becoming the first company to do so since 2015, federal regulators said on Wednesday.
The oil and gas firm is working from an artificial island in the Beaufort Sea about three miles off Oliktok Point in the Arctic Ocean. The well is expected to run more than 6 miles (10 km) long.
The project could result in 20,000 barrels a day of oil production, according to regulator U.S. Bureau of Safety and Environmental Enforcement (BSEE), which said it sent employees to the site to ensure compliance with federal regulations and safety standards.
By Elizabeth Harball, Alaska’s Energy Desk – Anchorage – It’s the first oil exploration in Arctic federal waters since Shell abandoned its campaign in 2015.
The company, Eni, aims to begin drilling in December. It will operate from an existing man-made gravel island called Spy Island. Spy Island is about three miles offshore, in state waters west of Prudhoe Bay.
The prospect is about four miles away from the island, so Eni plans to use extended-reach drilling. According to the company, it will be be the longest extended-reach well in Alaska.
After Iran move, Total seen in pole position to snap up Qatar gas deals: Reuters: 10 July 2017Total is well placed to take a lead role in helping Qatar expand output from the world’s largest gas field, largely thanks to its involvement in the Iranian side of the shared deposit, two sources familiar with Doha’s thinking said. That puts the French oil major ahead of rivals like Exxon and Shell… Read More
A subsidiary of Alaska’s wealthiest regional Native corporation is moving ahead with plans to follow in the footsteps of Shell and explore for oil in the U.S. Arctic Ocean. Read More
Shell acquires local power company MP2: Houston Chronicle: 29 June 2017
Royal Dutch Shell said Thursday that it plans to acquire MP2 Energy, a power and retail electric company based in the Woodlands, as the oil major seeks to diversify its business.
Trump says the Atlantic, Arctic could soon be open to oil drilling: The Washington Post: 29 June 2017
The White House is making a bid to overturn the Obama administration’s five-year plan forbidding oil and gas exploration in the Arctic and Atlantic oceans and will examine opportunities to drill almost anywhere off the U.S. coast.
By John Donovan
During the period that Shell was conniving in setting up the OPL 245 deal, the company had a vice-like grip on the oil wealth of Nigeria and more power than the Nigerian government. This information comes from an analysis of leaked secret US embassy cables.
Ann Pickard, a then senior Shell executive, was directly involved in the OPL 245 deal, and the primary indiscreet source of the secret information.
Extracts below from various publications provide evidence of her role in OPL 245. They are followed by astonishing related extracts from a Guardian newspaper article about the leaked classified cables.
: Selection of Comments posted on the Telegraph article Future of North Sea oil in doubt as Shell pulls the plug on Cambo
John Atkins
David Tallboys
Fortunately the Japanese have seen sense and are encouraging new oil and gas projects:
Government officials have been quietly urging trading houses, refiners and utilities to slow down their move away from fossil fuels, and even encouraging new investments in oil-and-gas projects.
Robin Beckett
colin whyte
R Morley
Stuart Robertson
Len RMaC
graeme scott
John Condon
Clitherow Kid
Ogden Nash
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Kathryn Jones
Let me correct that headline for you."victory for Nicola Sturgeon, Saudi Arabia and Russia as Shell walks away..." Fixed it for you.
J Thomas
Kelland Hutchence
Ian Mclaren
Dale Carmichael
James Hammett
Scot Way
Echo Fish
Steve Graham
Andrew Pierce
Jiminy CricketSmall selection of comments from this Telegraph article
: Comments from BBC News Article 15 Nov 2021: Shell plans to move headquarters to the UK
rl: 10:52 15 Nov
If this had been the other way around, this article would have featured prominently in the main news page, rather than under the “Business” section. This is why people question the BBC’s impartiality..
No2EU: 10:54 15 Nov
to rl"
If this had been the other way around, this article would have featured prominently in the main news page, rather than under the “Business” section.This is why people question the BBC’s impartiality..(P.S. I voted remain)
"
No2EU replied: And Brexit would be blamed.
Can't imagine what prompted this move:
"Earlier this year, a court in the Netherlands ruled that by 2030 Shell must cut its CO2 emissions by 45% compared to 2019 levels.” This only applies to the Netherlands
greenbird10 11:01 15 Nov
to Smile dont shout
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Can't imagine what prompted this move:"Earlier this year, a court in the Netherlands ruled that by 2030 Shell must cut its CO2 emissions by 45% compared to 2019 levels."This only applies to the Netherlands
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greenbird10 replied:
Think that's all the article needed to say to explain the move.
Arcangel: 10:56 15 Nov
to U17881151
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The truth is corporations are concerned about EU bureaucratic interference. We saw with AstraZenica that the EU will block trade if they believe it gives them an advantage. Google and other tech companies are increasingly being fined billions to fund EU wages and pensions. The EU is a bit anti business. It would be better to just focus on trade and creating friendly partnerships.
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Arcangel replied:
Agreed, but tbh I would rather we were stricter on companies like Shell given they are responsible for a large amount of the worlds pollution
: Shell turns its back on Royal Dutch heritage after climate ruling and dividend tax Shell's jumping ship to the UK bids farewell to over 130 years of association with the Dutch monarchy https://www.telegraph.co.uk/business/2021/11/15/turns-back-royal-dutch-heritage-climate-ruling-dividend-tax/
: Joe Lycett should talk to his friend Jimmy Carr about Shell. Jimmy worked in Shell marketing dept during the 1990s at Shell Mex House in the Strand.
: All I can say is that I worked on the Rigs onshore and offshore with almost every major oil company in the world. And by far Shell was the best. The most Professional, Safest and I should add treated all the workers the best. The worst BP.
: Link for Shell Job Applications: https://www.shell.com/careers.html Shell Fraud and Scam Alert https://www.shell.com/fraud-and-scam-alert.html
: 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...
: 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!
: Self explanatory: https://www.reuters.com/business/energy/shell-weighs-jab-or-job-policy-employees-document-2021-09-09/
: 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!
: https://www.rigzone.com/news/tellurian_and_shell_finalize_10year_lng_deal-2-aug-2021-166089-article/?utm_campaign=WEEKLY_2021_08_06&utm_source=GLOBAL_ENG&utm_medium=EM_NW_F5 "Shell welcomed to Driftwood Project", this brings together some old acquaintances and invertebrates.
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.
This is not a Shell website. That fact should be abundantly plain from the overall content of this home page and our sister Shell focussed websites, including shellnazihistory.com. Click on the Disclaimer link at top of this page for more information. You Can Be Sure Shell does not endorse or approve of this website. There are no subscription charges nor do we solicit or accept donations. It is an entirely free to use website drawing attention to the negative side of Shell while also publishing positive news about the company. The Shell logo image with the white text used on this website, as per the above example, is in the public domain because its copyright has expired and its author is anonymous. It can be found here on WIKIMEDIA COMMONS. Our shellenergy.website republishes Shell Energy customer complaints posted on Trustpilot where there is an ample supply. Use this link for Shell’s own website.
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 website etc. 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 100 books also containing references to our non-profit websites and/or our activities.
John Donovan, the website owner
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