News and information on Shell Plc
Posted by John Donovan: 7 Dec 2023
In the latest episode of “What Will Shell Do Next?”, the oil giant, known for its subtle as a sledgehammer approach to the environment, has decided to hand over its UK and Germany retail energy operations to Octopus Energy Group. The deal, which was inked faster than you can say “fossil fuels,” makes Octopus the new parent of 1.3 million former Shell customers. Shell’s subsidiary, Impello Limited, is probably waving goodbye with a tear in its corporate eye.
Shell is basically the tobacco industry of the energy world – they might as well be selling cigarettes. Their job? Keep the oil and gas flowing, consequences be damned.Posted by John Donovan; 1 December 2023
In a plot twist that could be straight out of a Hollywood eco-thriller, pension schemes are being told to wake up and smell the carbon emissions. At the Pensions and Lifetime Savings Association’s ESG conference in London, the big talk was about ditching those oh-so-yesterday oil and gas investments. Because, you know, investing in the destruction of our planet is so 20th century.
Enter Tony Burdon, the chief of Make My Money Matter (MMMM), who’s been rallying the troops to write angry letters to their pension schemes. His message? If those fossil fuel fanboys at BP and Shell don’t clean up their act, it’s time to take our money and run. Oh, and he’s got Olivia Coleman from “The Crown” on board, because nothing says serious environmental policy like celebrity endorsements.
Posted by John Donovan: 30 November 2023
In an Oscar-worthy performance of environmental destruction, Shell, the notorious eco-villain, once again finds itself in the spotlight as Greenpeace activists, the caped crusaders of climate justice, stage a dramatic blockade. Picture this: a fleet of kayaks, more formidable than warships, halting the operations of Shell’s import terminal in Batangas City. It’s like a scene straight out of an eco-thriller, except the stakes are real, and the planet’s future hangs in the balance.
Grab your popcorn, folks. This legal drama is about to reveal whether these energy companies are just misunderstood giants or masterminds of eco-deception. Stay tuned!Posted by John Donovan:
27 November 2023
Well, well, well, if it isn’t our favorite energy giants back in the spotlight, but this time they’re not drilling oil – they’re drilling themselves into a bit of a legal quagmire. BP PLC, Chevron Corp., ConocoPhillips, Exxon Mobil Corp., and Royal Dutch Shell PLC are about to play a high-stakes game of courtroom chess in sunny California. And guess what? It’s not about who struck oil, but who played a little too fast and loose with the truth about climate change.
The judge even called the pollution in the Niger Delta “catastrophically environmentally damaging”.Posted By John Donovan: 23 November 2023
In a twist that’s sure to have Shell squirming, the UK High Court just ruled that Nigerian fishermen can indeed bring their human rights claims against Shell PLC to court. They’re accusing Shell of violating their right to a clean environment under Nigerian constitutional law. Yep, it’s getting real.
13,000 Fishermen Casting Their Net for Justice
The court’s decision means 13,000 fishermen from the Ogale and Bille communities in the Niger Delta are gearing up to sue. Leigh Day, their legal squad, is all set to go to bat for them.
Posted by John Donovan: 23 November 2023
Shell and BP’s Net Zero Balancing Act: A Pricey Path to Clean Energy
Shell PLC and BP PLC might need to break their piggy banks and cough up a staggering US$35 billion yearly until 2050. Why? To keep strutting their stuff as major energy players while playing nice with the planet.
The Cost of Going Green (While Staying Black)
Here’s the deal: if these oil tycoons want to keep pumping out oil and gas but not be the bad guys of climate change, they’ve got to get serious about carbon capture and removal. The International Energy Agency (IEA) laid it out: around 60 Mt CO2 of carbon capture, utilization, and storage (CCUS) capacity, and about 200 Mt CO2 of carbon removal capacity.
Posted by John Donovan: 16 November 2023
Anaïs Peterson of Earthworks dropped some fun facts at the party: a nine-day benzene release and a 65-hour carbon monoxide emission event. Talk about party favours! And the guests of honour? Residents like Skyler Brimmeier, who can smell Shell’s operations before they even see their house, and others who have moved out because the Shell party just never ends.
But don’t worry, Shell’s been a good sport, doling out $10 million in fines for their environmental oopsies. Daniel Rossi-Keen of RiverWise gave a heartfelt toast, pointing out that good neighbours don’t typically pollute your air, water, and soil. Shell, however, reassured everyone that safety is their “top priority.” They’re probably just working on a different definition of safety than the rest of us.
In a world where even the courts seem to be looking the other way, Shell continues its merry dance, spewing emissions while promising a greener tomorrow. Will they ever be held accountable? Don’t hold your breath – unless you’re near one of their refineries, that is.Posted by John Donovan: 15 November 2023
In what reads like a plot from a dystopian novel, Shell, the poster child for ‘do as I say, not as I do’, has just wriggled out of a groundbreaking lawsuit. The Court of Appeal, in a move that screams “business as usual,” refused to hear ClientEarth’s lawsuit against Shell’s Board of Directors. This legal battle was a first-of-its-kind attempt to make directors pay for climate risk mismanagement. Talk about a missed chance to make corporate bigwigs sweat!
Posted on 12 November 2023 by John Donovan
In the high-stakes world of oil barons and carbon czars, Shell and BP might just be flirting with the idea of a fossil fuel marriage made in heaven. Because, in the grand world of big oil, bigger is always better, especially when everyone else is fretting over minor things like climate change and renewable energy.
Once upon a time, under the starry-eyed leadership of Lord John Browne, BP was the belle of the ball, scooping up Amoco and Arco in a transatlantic love affair. Meanwhile, Shell, not to be outdone and under Ben van Beurden’s watchful eye, waltzed with BG Group for a cool £36 billion in 2016.
Shell, the ever-so-clever fox, asserts that their ad blitz is all about showcasing their role in both traditional fuels and renewables. After all, who wouldn’t want to know about the great things a fossil fuel giant is doing in the age of climate crisis?Posted by John Donovan: 10 November 2023
In an epic display of keeping up with the kids, Shell, the oil and gas behemoth, is donning its hippest hat to woo the young’uns. What better way to endear oneself to a generation terrified of climate change than by hopping onto Instagram, gaming platforms, and influencer bandwagons?
“I am fuelled by the ocean,” proclaims Sage Erickson, a champion surfer with 310,000 Instagram disciples, in a Shell-backed video. She talks about instilling noble values in the youth, while artfully side-stepping any mention of Shell or its fossil fuel-centric agenda.
Posted by John Donovan: 9 November 2023
In a dazzling display of corporate might meets environmental kite-flying, Shell, the ever-so-benevolent oil monarch, has unsheathed its legal swords against the high-speed rubber ducks of the sea—Greenpeace. With a modest ask of £1.7 million in damages, Shell is practically passing around the charity hat, seeking just compensation for the audacious act of activists boarding its noble vessel, the White Marlin.
As Shell puts it, with the gravity of a Shakespearean aside, they must recover “the significant costs of responding to Greenpeace’s dangerous actions.” Yes, dear reader, let’s ponder the danger of these eco-warriors and their inflatable boats against the backdrop of an oil platform, as threatening as a feather to a tank.
Posted by John Donovan: 5 November 2023
As the world cries for renewable energy, Shell’s new CEO, Wael Sawan, has concocted a delicious strategy that conveniently forgets those pesky green initiatives that don’t promise massive paychecks. The plan? Embrace the fossil fuels that keep investors warm and toasty, while giving the cold shoulder to the less profitable ventures in the green space.
Sawan, with a twinkle in his eye, declares it’s time for Shell to get “leaner” and more “disciplined,” as reported by the Financial Times. Because, in the end, who needs a full-bodied approach to saving the planet when a slimmed-down, oil-guzzling figure will do just fine?
Posted by John Donovan: 2 November 2023
In a spectacle of corporate jubilation, Shell has flaunted a $6.2 billion profit bonanza, much to the horror of environmentalists and the delight of shareholders rubbing their hands in glee. As if mother nature hadn’t suffered enough, Shell has profited handsomely from the oil price bounce, a merry-go-round fueled by Opec+’s crafty production cuts and the sad ongoing soap opera of global conflicts.
This show of profits, a slight dip from last year’s staggering $9.4 billion—when oil prices soared amidst the heart-wrenching drama of Russia’s invasion of Ukraine—still paints a rosy picture for Shell’s ledger. It seems the oil barons have found their silver lining in the dark clouds of geopolitical turmoil, with the World Bank casting a doomsday prophecy of oil prices potentially skyrocketing to an eye-watering $150 a barrel.
Posted by John Donovan: 2 November 2023
As the world gasps in the shadow of climate calamity, Shell CEO, Wael Sawan, has emerged from the shadows, not with a plan to save the planet, but with a scheme to shower shareholders with more silver. In a dazzling display of financial acrobatics, Shell is turning its back on the charm of ‘mega acquisitions’ to play a solo game of Monopoly with its windfall profits.
Sawan, with the finesse of a Vegas high-roller, has bet big on a ‘buyback bonanza’ to keep the cash registers ringing for those with stakes in the game, prioritizing a hefty $3.5 billion repurchase raffle ticket for the next quarter.
Posted by John Donovan: 31 October 2023
Once upon a time in a land far, far away from the reality of climate change, the noble knights of Big Oil gallantly rebranded their annual jamboree to “Energy Intelligence,” because, as we all know, changing your name changes your impact on the planet. Meanwhile, our heroes of the hour, Fossil Free London, were throwing a bit of a festive blockade party at the Intercontinental. You might’ve heard of Greta Thunberg? Yeah, she was there, got a badge of honor in the form of a public disorder charge. So large was the fiesta that Shell’s head honcho Wael Sawan had to resort to Zoom to address his oil-loving subjects. How… quaint.
Posted by John Donovan (right): 30 October 2023
Ladies and gentlemen, gather ’round! In the latest episode of How Not To Be Transparent, the UK’s oil and gas regulator is shining bright as the star. Watch in awe as they unleash their team of lawyers in a valiant attempt to shield us all from a whopping five documents concerning the teeny-tiny environmental impact of Shell’s North Sea operations. Why, you ask? Oh, just a minor “matter of process basis”. Wink, wink.
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