Shell wanted exclusive access to the Chinese market and the Chinese wanted their own large oil and gas concessions in the Middle East. Shell had an exclusive 75 years old concession in the United Arab Emirates, which was about to expire on January 2014. What did the Emirati royalty want in order to facilitate this large oilfield concession changing hands? The answer is money, a massive bribe. This is where Oscar Wyatt’s company, Coastal Energy Resources came into the picture.

By John Donovan

A whistleblower who held a senior finance position inside Royal Dutch Shell has made serious allegations relating to the 1MDB scandal, which he claims is the tip of the iceberg of something way bigger and even more sinister. He also claims to have received death threats on numerous occasions since he left Shell.

His decade long employment record with Shell appears to be 100% authentic.

What is the Malaysian 1MDB scandal?

The 1Malaysia Development Berhad scandal or 1MDB scandal is an ongoing political scandal occurring in Malaysia. In 2015, Malaysia’s then-Prime Minister Najib Razak was accused of channelling over RM 2.67 billion (nearly USD 700 million) from 1Malaysia Development Berhad (1MDB), a government-run strategic development company, to his personal bank accounts. (Extract from related Wikipedia article.) read more

• Author Andrew Toh    Wanda Wang    Eric Yep
• Editor Wendy Wells
• 03 Jan 2019 | 07:14 UTC

Singapore — Shell will load the first condensate cargo from Australia’s Prelude FLNG project at end January, according to shipping reports and sources Thursday.

The condensate will be loaded in a 80,000 mt clip over January 31 to February 2, shipping reports showed.

A vessel has not been fixed for the cargo, and shipbrokers said Shell began looking for an Aframax tanker to load the cargo Thursday.

Shell did not immediately respond to an email query seeking comment.

The destination of the cargo is unclear, though trade sources have said that the oil major will likely use the cargo within its own network of splitters and refineries. read more

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Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad. 

‘Shell close agreement for mega-investment in Canada’

Bert van Dijk • Entrepreneurship

Is it going through or not? That question keeps Canada busy these days. Is Shell about to give the final green light for one of the largest investments this year in the fossil energy sector: the construction of an immense factory to produce liquid gas (LNG)? Cost: $ 30 billion. Shell works together with three partners in the project: Petrochina, Korea Gas and Mitsubishi. read more

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

Emily Gosden, Energy Editor: July 6 2018

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

By Tsvetana Paraskova – Apr 20, 2018, 10:00 PM CDT

Oil major Shell has snapped up over 8 million barrels of June-loading crude oil grades from the Middle East and Russia and has resold some of the cargoes in Asia, taking advantage of the strong Asian demand, Reutersreported on Friday, citing five trading sources.

Wider Brent premium over the Middle Eastern benchmark Dubai this month has made Atlantic crude oil supplies more expensive than the Middle Eastern and Russian supplies, which are priced off the Dubai benchmark. read more

Reuters Staff: MARCH 13, 2018 (The opinions expressed here are those of the author, a columnist for Reuters.)

LNG IS THE FASTEST GROWING GAS SUPPLY SOURCE

(SOURCE: SHELL INTERPRETATION OF WOOD MACKENZIE Q4 2017 DATA)

By Clyde Russell

LAUNCESTON, Australia, March 13 (Reuters) – Crude oil is likely to spring to mind if one is asked to name a commodity where the United States is disrupting the market by becoming a swing producer and challenging traditional trade flows, especially in fast-growing Asian markets.

But it’s increasingly likely that the United States is about to play the same role in liquefied natural gas (LNG), as it ramps up production in an already well-supplied market. read more

Royal Dutch Shell CEO Ben van Beurden speaks at the CERAWeek conference at the Hilton Americas, Wednesday, March 7, 2018, in Houston. (Photo: Karen Warren / Houston Chronicle)

By Chris Tomlinson March 9, 2018

Coal is too dirty. Oil is too messy. And renewables are too intermittent. But natural gas is just right. Energy companies of every stripe have fallen in love with the stepchild of fossil fuels. No longer considered an annoying byproduct of oil drilling, natural gas’ multiple applications and relative cleanliness guarantee it a place in the future energy mix. FULL ARTICLE read more

China’s energy giants return to Asian LNG market as sellers

FILE PHOTO: Logos of China National Offshore Oil Corporation (CNOOC) are displayed at a news conference on the company’s interim results in Hong Kong, China March 23, 2017. REUTERS/Bobby Yip/File Photo

“We expect LNG demand to continue to grow in China this year,” Royal Dutch Shell’s Steve Hill said on Friday, citing the government’s commitment to cutting back on coal.

Oleg Vukmanovic, Jessica Jaganathan: 9 MARCH 2018

LONDON/SINGAPORE (Reuters) – Falling industrial demand and mild weather have turned China’s energy giants into sellers of liquefied natural gas (LNG) in Asia for the first time since last year’s massive import spree. Chinese players were on the receiving end of last year’s doubling of LNG prices, largely driven by their rapid shift to gas to combat coal smog as well as elevated regional demand for the fuel. FULL ARTICLE read more

Jessica Jaganathan: 9 MARCH 2018

SINGAPORE (Reuters) – Royal Dutch Shell is planning to build a truck loading facility at its Hazira liquefied natural gas (LNG) terminal on India’s west coast as it looks to meet demand from industrial users, a top company official said on Friday. The facility, which could be ready by next year, will be used to supply industrial demand through trucking in places that can’t access supply from the grid, said Steve Hill, executive vice president at Shell Energy. FULL ARTICLE read more

Reuters: LNG market needs $200 billion investment to meet demand: Shell: 26 FEB 2018

CNBC: Shell warns of liquefied natural gas shortage as LNG demand blows past expectations: 26 FEB 2018

Istvan Kapitany, head of Shell’s global retail business

By Kevin Orland: 9 February 2018

(Bloomberg) — While many oil producers are stepping back from their retail operations, Royal Dutch Shell Plc is doubling down.

Shell, which has about 44,000 filling stations around the world, opened its first one in Mexico last year, the start of $1 billion in investments over the next decade. Shell also is ramping up spending in China, India, Indonesia and Russia, Istvan Kapitany, head of Shell’s global retail business, said in an interview in Calgary. read more

Printed below is an English translation of an article published by the Dutch equivalent of the Financial Times, Financieele Dagblad under the headline “Shell is fully committed to oil and gas from shale“.

By Bert van Dijk • Energy Editor

Shale gas and shale oil may then have a negative sound in Europe and hardly play a role, governments in the US, Canada, China and Argentina do see a lot of it. Shell hopes to benefit from this favorable investment climate in the coming years, especially now that the company has drastically reduced the costs of extracting shale gas and oil in recent years. read more

Shell China Whistleblower, Robin Yu

By John Donovan

Today, EnergyVoice.com published a denial by Shell in relation to its involvement in the Nigerian OPL 245 corruption scandal.

Extract: “Shell attaches the greatest importance to business integrity. It’s one of our core values and is a central tenet of the business principles that govern the way we do business. “We have clear anti-bribery and corruption policies and a code of conduct. All employees around the world are expected to uphold these principles and comply with our policies and code – failure to do so will result in consequences up to and including dismissal.” read more

With Royal Dutch Shell’s Prelude floating LNG project in Western Australia and Ichthys, a massive project led by Japan’s Inpex in the north of Australia, about to be completed, Australia’s export capacity could hit 85 million tonnes next year, topping that of current leader Qatar. read more