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Posts Tagged ‘Ben van Beurden’

Justin Welby, Archbishop of Hypocrisy

EMAIL BEING SENT THIS WEEKEND TO EVERY UK MP. 

Justin Welby, Archbishop of Hypocrisy

Justin Welby is in hot water again. He has criticised another controversial company, last time Wonga and this time the tax-shy Amazon. Both later embarrassingly revealed to be businesses in which the Church of England is an investor. 

BBC Newsnight aired a package on Friday 14 Sept drawing attention to the subject and the Church of England’s numerous questionable investments. In particular, its holdings in BP and Shell, both described as being toxic. 

I can speak with some authority in relation to the toxicity of Shell. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell quarterly profit rises 30 percent, oil giant announces $25 billion share buyback

  • Oil giant Royal Dutch Shell posted a 30 percent rise in net profit in the second quarter of 2018.
  • Net income attributable to shareholders on a current cost of supplies (CCS) basis, used as a proxy for net profit, and excluding identified items, came in at $4.69 billion.
  • Shell announced a $25 billion share buyback program.

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Oil giant Royal Dutch Shell posted a 30 percent increase in net profit in the second quarter of 2018 and announced a $25 billion share buyback program. Net income attributable to shareholders on a current cost of supplies (CCS) basis, used as a proxy for net profit, and excluding identified items, came in at $4.69 billion, up from $3.6 billion seen in the same quarter a year ago. The earnings fell short of an analyst consensus of $5.967 billion, however, Reuters reported. The company said the earnings “reflected increased contributions from Integrated Gas and Upstream, partly offset by lower earnings in Downstream.” FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell kick-starts £19bn windfall for patient shareholders

Shell boss Ben van Beurden said the move “complements the progress we have made since the completion of the BG acquisition in 2016” 

Jillian Ambrose: 

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell must be bold to keep pace in brave new world

The Sunday Telegraph: 8 JULY 2018

A few months ago, Shell published a startling report on the future of the energy industry. Despite its dry title, the Energy Transition Report provided a scarcely believable vision of a world in 50 years that is recognisable from the one that seven billion of us occupy today, a planet that has been turned upside down by its very battle for survival. .

Electricity is expected to surge from about 18pc to 40pc of global energy consumption in the next 20 years, and by 2050, every car on the road will be an electric one. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

‘Noisy democracies’ block climate progress for Shell

Ben van Beurden, chief executive of Royal Dutch Shell, said governments need to lead if the world is to meet the goals of the Paris climate agreement: TIMES NEWSPAPERS LTD

The boss of Royal Dutch Shell has said it is easier to make progress on climate change in countries such as China than in “noisy democracies” such as Britain.

Ben van Beurden, chief executive, complained yesterday that the world was spending too much time and effort arguing about how to tackle global warming instead of taking action.

“In places like China it works very well, governments work very gratefully with us and adopt really incredibly pragmatic and powerful policies, sensible, etc. Here, there are more participants in the debate, let me put it that way,” Mr Van Beurden said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell boss Ben van Beurden will not set firm emission targets

Royal Dutch Shell would be “foolhardy” to adopt firm targets for cutting its carbon emissions because it would open itself up to lawsuits, the company’s boss has said.

The energy group has set an “ambition” to halve the carbon footprint of its energy products by 2050, which it says would put it in line with the Paris climate goals, but has resisted calls for binding commitments.

Ben van Beurden, Shell chief executive, said that the group did not want to “put ourselves at the mercy of a legal challenge”. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell CEO says ‘foolhardy’ to set carbon reduction targets

Shell CEO says ‘foolhardy’ to set carbon reduction targets

Ron Bousso: JULY 5, 2018

LONDON (Reuters) – Royal Dutch Shell’s boss said it would be “foolhardy” for the oil and gas producer to set hard targets to reduce carbon emissions as it risked exposing the energy giant to legal challenges.

The energy industry has struggled in recent years to find a clear path to secure its role as the world shifts from fossil fuels in order to meet the 2015 Paris climate agreement goals.

Shell Chief Executive Officer Ben van Beurden last year set out ambitions last year to halve its carbon emissions by 2050, far exceeding rivals. But the Dutch CEO resisted calls by activists and some investors to set binding targets. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell CEO Van Beurden says UK should move 2040 car ban forward

Shell CEO Van Beurden says UK should move 2040 car ban forward

Chief executive of Shell, Ben Van Beurden, has reportedly said today that he believes the 2040 UK ban on petroleum and diesel car sales should be brought forward.

Written by  – 

In response to a question from an audience member at the Powering Progress Together event in London, Mr Van Beurden reportedly said that while “everyone was going to have to move quickly, the UK ought to move more quickly than most” and that it was “sensible” that the government move the 2040 target forward.

Mr Van Beurden was speaking at the event on the eve of the company’s Shell Eco Marathon to outline his firm’s commitment to a “cleaner future, transport and beyond”. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Royal Dutch Shell: Streamlining Assets

Jun. 30, 2018 12:54 AM ET

Summary

  • Renewal of assets with great focus on the future.
  • Natural gas as energy source will continue to grow.
  • Share buybacks and generous dividends.

Background

Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B) has been actively focusing on what kind of business it wants to be involved in. Part of this activity is to change the composition of its assets. It has been selling plants and oil licenses, and invested where it wants to position the company.

Disposals have also been done to reduce the total debt level. Much of the debt came from the $35 billion acquisition of BG Group back in March of 2016.

Disposals

Early this year, Shell communicated that its plans were to leave oil and gas operations in as many as 10 countries and instead focus more heavily on gas-rich Australia and shale opportunities in the United States. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Corrupt bunch of liars and cheats at Shell

John Donovan 1984

By John Donovan

My company Don Marketing supplied the spectacularly successful Shell Make Money game that ran on Shell forecourts during 1984/5 in a number of countries, including the UK. 

Years later, Shell deliberately ignored the signed confirmation of agreement below while surreptitiously producing a subsequent flawed Shell Make Money without our knowledge or consent. 

Shell executives blatantly lied about what was going on but was forced to settle the matter after Don Marketing issued a High Court Writ. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell approves second North Sea project this year

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By: , SA News Editor

Royal Dutch Shell (RDS.ARDS.Bapproves its second North Sea project in six months, moving forward with development of the Fram natural gas field it considered uneconomical to produce six years ago. Shell, along with partner Exxon Mobil (XOM -1.7%), says it plans to produce as much as 13K boe/day from two wells in the Fram field by 2020, adding ~10% to the company’s current output in the U.K. North Sea. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

After Successful Talks With Buhari, Shell Gets Approval For N10bn Bonga Southwest Project

After the discussions between Buhari and van Beurden, Minister of State for Petroleum Resources, Ibe Kachikwu, sent a letter to the Group Managing Director (GMD) of Nigeria’s state-owned oil company NNPC, Mikanti Baru, instructing the corporation and the Anglo-Dutch oil company to conclude arrangements for the start of the project. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Corruption running through the veins of Shell

POSTING ON SHELL BLOG BY “SNIPER” 20 JUNE 2018

There’s a bit of pattern here. Corruption seems to be running through the veins of Shell. We see in all these recent tax articles how they seem to be snuggled up in bed with the Dutch Government. Will anything come of this? Of course not silly. It has been going on for years. There is even a department called Government Relations which is staffed by – yes you guessed it – former government employees. Where was Van Beurden a few days ago, for three whole days? The very secretive Bilderberg meeting in Turin (Guardian article by Charlie Skelton can be found on this website), along with many of the worlds elite businessmen and politicians, AND the Dutch king. The outcomes of the meeting were not something I saw on any of the Shell internal or external communication messaging. Funny that, seeing how they always share even the most mundane van Beurden news. So will Shell be brought to account for its actions in OPL? I somehow doubt it. But there is some hope. Will the real Slim Robinson please stand up. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

More OPL 245 corruption, continues into 2018?

By John Donovan

A high level insider source is alleging current major corruption in the continuing OPL 245 Zabazaba Shell/Eni JV project.

The source has supplied documents/emails from 2014 to 2018 containing references to  various parties, including Shell and Eni, relating to OPL 245. Links to the relevant leaked information/evidence are published below. 

It may assist investigators from anti-corruption organisations (such as Global Witness and Finance Uncovered) more familiar with the overall situation, who are trying to put all of the pieces together in a web of continuing financial machination and complexity.  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Royal Dutch Shell vs Peter Robinson

Posting by Bill Campbell, retired Shell HSE Group Auditor, on the article “Shell are in trouble. Deep trouble”  

RDS vs. Peter Robinson Esq as trouble looms

At the time I found it inexplicable that Shell launched it’s vitriolic attack against its ex employee and obedient servant Peter Robinson. With only weeks to go before the Trial in Italy WHY on earth would Shell undermine its own case at the upcoming trial by suggesting that Robinson was other than an upstanding member of society?

Well, it now appears kinda obvious, Mr Robinson it seems had gone outside the tent and has started urinating in, assisting the prosecution perhaps, if so deep trouble clearly looms. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Latest on OPL 245 and OML 30 Nigerian oil deals involving Guy Colegate

UPDATE 6 JUNE 2018: Overnight developments:

POSTING BY JOHN DONOVAN ON SHELL BLOG

After putting “A Mole” in direct contact with one of the key investigative organisations in relation to the OPL 245 corruption scandal, this anonymous source has now supplied them with more information relating to the OML 30 Nigerian oil deal involving Shell/Heritage Oil and Guy Colegate. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan