Shell is undergoing a major restructuring which will also result in thousands of job losses.

Green Is Good for Power Traders Chasing $430 Billion Market

Lars Paulsson, Rachel Morison, and Jesper Starn: Published: Nov 22 2020, 10:30 AM: Last Updated:  Nov 22 2020, 1:53 PM

Extracts

Stricter climate targets are spurring investments in wind turbines, solar panels and battery systems, with Bloomberg Intelligence estimating the market may almost double in size in the next 10 years. With the European Union, U.K. and other governments increasingly turning their backs on fossil fuels, companies steeped in that business are looking over the horizon and seeing a new age of electricity. read more

Oil Majors Are Paying The Price For Investing In Renewables

By Alex Kimani – Nov 19, 2020, 7:00 PM CST

Big Oil has been frequently lambasted for trying to burnish its green credentials through half-hearted investments in renewables. That might have been true for much of the past decade, but it appears to be changing as the oil and gas majors have started putting down big money into clean energy. For instance, European oil majors including BP Plc. (NYSE:BP), Royal Dutch Shell (NYSE:RDS.A), Eni SpA (NYSE:E), Total SA (NYSE:TOT), and Norwegian national oil company Equinor ASA (NYSE:EQNR) have already invested billions of dollars in renewable energy and made big clean energy commitments.Yet, Big Oil just can’t seem to catch a break, with stocks of oil and gas companies that are investing heavily in renewables being punished by the markets. read more

English translation of an article published today by the Dutch Financial newspaper, the FD.

Shell and Exxon are aiming for multi-billion dollar green subsidies

Carel Grol: 16 November 2020

Four multinationals that want to store the greenhouse gas CO₂ in an empty gas field off the Dutch coast will apply for a subsidy at the end of this month. According to estimates, this subsidy could amount to around € 1.5 billion.

In brief

• Four multinationals, including Shell, want to participate in a large-scale CO₂ storage project in a gas field under the North Sea.
• It is estimated that a subsidy of € 1.5 billion will be applied for.
• If the subsidy is paid, there will be less money for solar energy.

Four multinationals, including Exxon and Shell, will apply for a subsidy for CO₂ storage in a gas field under the North Sea. This grant is controversial as it is a huge amount for something that has never been done on this scale. There are less than 25 active large CO₂ storage projects worldwide. The so-called Porthos project in the North Sea should really be a breakthrough for Europe. read more

Shell Climate Change Ads Axed From Facebook

Greg Winterton: 16 November 2020

Extracts

Some Shell advertisements, including for its electric vehicle-charging firm Greenlots, have been removed from Facebook over concerns around transparency of environmental policies and climate change.

Shell’s advertisements – part of rebranding efforts to place emphasis on its renewable energy divisions – were labelled as sponsored, but did not include a disclaimer stating they were paid for by the firm.  read more

Shell has tried to shed its image of corporate killer like a snake would its skin.

Dear Shell: After 25 Years, Are You Finally Ready to Accept Your Role in the Murder of Ogoni 9?

The Ogoni 9 — Ken Saro-Wiwa, Saturday Dobee, Nordu Eawo, Daniel Gbooko, Paul Levera, Felix Nuate, Baribor Bera, Barinem Kiobel, and John Kpuine — were murdered 25 years ago for their campaign against Shell. Photo by Martin LeSanto-Smith.

The fossil fuel giant could have tried to right its wrongs, grave as they were. Instead, it has chosen profit over people, indifference over action. This article originally appeared in OilChange International. ANDY ROWELL: November 12, 2020

And so another grim, painful milestone is reached. It is now a quarter of a century since the Ogoni 9 were murdered in Nigeria. read more

Dow Chemical, Shell Oil Sued Over Dirty Well Water Near Yosemite

Maeve Allsup Legal Reporter: Nov. 11, 2020, 12:00 AM The Dow Chemical Co. and Shell Oil Co. manufactured and sold soil additives containing a cancer-causing chemical without proper research and precautionary measures, which led to the contamination of certain wells in a county near California’s Yosemite National Park, a lawsuit filed Tuesday in San Francisco alleges.

Madera County seeks to recover costs to restore drinking water supply wells that it alleges are contaminated with 1,2,3-Trichloropropane, a chemical found in certain soil fumigants used to control worms that infest plant roots, the suit says.

TCP is an ingredient in products that were manufactured, marketed, and sold by the companies in…

FULL ARTICLE (PayWall)

COURT: Cal. Super. Ct.

COMPANY: The Dow Chemical Co., Shell Oil Co. (Bloomberg Law Subscription) read more

Nigeria protests target Shell in UK, Netherlands

Activists have mounted demonstrations at Shell’s headquarters in London and The Hague, in protest over the killings of the Ogoni 9 in Nigeria, 25 years ago.

By Ed Reed: 10 November 2020

Eight activists from Extinction Rebellion Rotterdam climbed a Shell storage tank in Pernis. A spokesman for the group, Marjolein: “Although Shell is obliged to clean up the oil, they appear to be failing to deliver on their promises as always. That is why today we protest at one of Europe’s largest oil refineries: to show that Shell cannot get away with this and to encourage the people in the Ogoni area. ” read more

OGONI REMEMBERS KEN SARO WIWA’S MURDER 25 YEARS LATER AND RENEWS DEMAND FOR AUTONOMY

November 10, 2020

KorneBari Nwike

On November 10, 2020, the Ogoni people, in the homeland and in the diaspora, are poised to celebrate the 25^th Anniversary of the judicial murder of Ken Saro Wiwa and other Ogoni leaders with renewed calls for Ogoni autonomy. Twenty-five years ago, on November 10, 1995, Gen. Sani Abacha, bolstered by the Justice Ibrahim Auta tribunal and Shell Oil Company, impulsively murdered Ken Saro Wiwa, one of Africa’s finest and eight other Ogoni leaders for demanding Ogoni political autonomy within Nigeria. Ken Saro Wiwa was an acclaimed writer and Africa’s foremost environmentalist who lead the Movement for the Survival of the Ogoni People (MOSOP). read more

REMEMBERING OGONI 9 HERO

DR. BARINEM NUBARI KIOBEL

By John Donovan

This year is the sad Silver Jubilee of a landmark human rights atrocity. 

Today is the 25th anniversary of the death of Dr Barinem Nubari Kiobel who is lovingly remembered every year by his widow Esther Kiobel.

Dr Kiobel was a member of the “Ogoni 9” (which included Ken Saro-Wiwa), all innocent people executed in  Nigeria on November 10, 1995, by the murderous Abacha military regime. The regime was closely associated with and actively supported by Shell. read more

Sneaky online censorship move by Shell Climate Change VP John MacArthur

When I revisited MacArthur’s Linkedin page yesterday, I discovered that all trace of his remarks and the adverse comments they had attracted have vanished.

By John Donovan

John MacArthur leads Shell’s Group Carbon strategy, climate change and energy policy and carbon innovation. See screenshot below downloaded on 06 Nov 2020 from here

John is not having a good week.

A few days ago he posted comments on his Linkedin page promoting Shell’s new climate change campaign on social media. read more

‘Greenwashing’ and ‘dirty tricks’: Shell sparks fierce backlash with emissions tweet

AOC and Greta Thunberg lead criticism of multinational fossil fuel firm

Her tweet refers to executives at Shell who have publicly admitted they knew decades ago that burning fossil fuels would cause the planet to warm. Shell chief executive Ben van Beurden said in a Time magazine interview this year: “Yeah, we knew. Everybody knew.”

Harry Cockburn: 03 Oct 2020

Multinational oil and gas company Shell – the second-largest investor-owned company in the world – is no stranger to the criticisms and concerns of the environmental movement, but this week, the energy giant inspired fresh anger with a tweet asking how people were reducing their emissions. read more

Oil giant Shell tries to hand off the climate-change fight to consumers and gets roasted by AOC, Greta Thunberg and thousands more

By Rachel Koning Beals:Published: Nov. 3, 2020 at 8:12 p.m. ET

We welcome the #energydebate, the oil major counters

Royal Dutch Shell PLC had a poll for consumers this week: What habits are individuals willing to give up to cut emissions, it asked.

A stampede of Twitter responses had a follow-up for the oil-and-gas super major: Are you serious?

Some comments, which eventually topped 4,000 as of Tuesday, made note of the less than 200 poll responses (for an account that has some 550,000 followers) to this four-answer query: read more

WHAT SHELL’S CLIMATE CHANGE VP POSTED ON LINKEDIN

By John Donovan

As is plain from recently published news articles, Shell’s use of social media to initiate a discussion about climate change has spectacularly backfired.

The fall out is not limited to Twitter, Facebook and YouTube.

This morning, I spotted the following postings on linkedin.com by Shell’s Climate Change VP John MacArthur

John MacArthur• 3rd+Climate & Sustainability Leader ★ Fellow of the Royal Academy of Engineering ★ Chairman OGCI Climate Investments ★ Executive Coach1d • 1 day ago Even though the world is going through uncertain times, we know there is an urgent need to tackle climate change. That’s why, at Shell, our ambition is to be a net-zero emissions energy business by 2050, or sooner. We aim to meet our customers’ demand for cleaner energy, keeping in pace with society. #MakeTheFuture#climatechange#netzero2050

GREENWASHING?

So Shell will get out of the primary energy business? Please explain how the world will solve the energy needs over the next 30 years. Eliminating about 12000 mtoe to zero in about 12000 days means 1 nuclear installation per day or 1500 windmills. We need to stop burning fossil and save it for useful stuff. But to reorganise the world in 10 or 30 years just is not possible. With a concerted effort by the world leaders (when was the last time this was achieved?) it will take 2-3 generations and great care is to be taken not to send the poorest 30% of the population into even more dire circumstances. Fortunately we have the time as there is sufficient fossil fuel around. In the meantime I vote your statement as a greenwashing marketing one. But I wish you a fine day and look forward to your explanation!

Wim der Kinderenout of network 3rd+Curator of private telecommunications museum (Self-employed) read more

Facebook removes Shell climate change ads

By Rachel Millard 3 November 2020 • 5:58pm

Facebook has taken down some Shell advertisements after they fell foul of its rules over transparency on climate change and environmental politics…

FULL ARTICLE (PAYWALL)

Outlook darkens for North Sea oil and gas industry

TWO oil and gas majors provided votes of confidence in the North Sea last week but these may only provide cold comfort as the outlook for the sector gets ever bleaker.

On Tuesday BP underlined its belief in the exploration potential of the North Sea as it announced that it had returned to profit in the third quarter.

The giant included its successful bid for new North Sea exploration licences in a list of highlights for the three months to 30 September. read more

On the horizon: the end of oil and the beginnings of a low-carbon planet

With demand and share prices dropping, Europe’s fossil fuel producers recognise that peak oil is probably now behind them

Even as economies slowly emerge from the financial fallout of the pandemic, the shift towards cleaner energy has gained pace. A sharp plunge in fossil fuel use will be followed in quick succession by a renewable energy revolution, which will occur at unprecedented pace. The tipping point for oil demand may have come and gone, and major oil companies are taking note. read more