Gas

Proxy adviser PIRC recommends vote against Shell’s chair, annual report Reuters

Proxy adviser PIRC recommends vote against Shell’s chair, annual report

May 9 (Reuters) – Proxy adviser PIRC on Tuesday recommended Shell Plc’s (SHEL.L) investors vote against the energy company’s chair and opposed its annual report for “failing to address climate risks by setting adequate targets.

PIRC said it, instead, recommended shareholders vote in favour of a climate activist group’s proposal seeking faster emissions cuts.

Shell, on the other hand, has recommended its shareholders vote against the proposal by the Follow This activist shareholder group that asks the energy giant to align with the 2015 Paris climate deal. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

‘It doesn’t look safe at all’: Air quality concerns rise after Shell facility fire in Deer Park

‘It doesn’t look safe at all’: Air quality concerns rise after Shell facility fire in Deer Park

By : Saturday, May 6, 2023: ABC NEW

DEER PARK, Texas (KTRK) — Any incident at a gas and oil refinery is certainly cause for concern, especially for people who live in the neighborhoods around the Shell refinery.

“This kind of stuff right here is still scary,” a man named Vance told Eyewitness News as he looked at the smoke across State Highway 225 on Friday. He was unsettled by the hot orange flames and thick black smoke rising from the Shell refinery.

“It looks like a bunch of chemicals being released into the air, and it doesn’t look safe at all,” he said.

Shell did not make anyone available Friday to answer questions from ABC13.

For updates on this story, follow Briana Conner on Facebook, Twitter and Instagram. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Shell selling stake in controversial Cambo oil field

BBC NEWS

Shell selling stake in controversial Cambo oil field

5 May 2023

Shell is selling its stake in the controversial Cambo oil field, it has been announced.

The project – which is west of Shetland – is the second-largest undeveloped oil and gas discovery in the UK’s North Sea.

The oil major is looking for a buyer for its 30% holding.

Cambo has been the focal point of many protests, and Shell has been rumoured for months to be looking for someone to take over its part.

The remaining 70% of the field is owned by Ithaca Energy.

Ithaca said the two companies had agreed on several possible outcomes.

Shell might sell all of its stake, but if it only manages to find a buyer for a portion of the stake it could offload its remaining share to Ithaca. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Shell announces ‘obscene’ £7,6400,000,000 profit for first quarter of the year

Metro.co.uk

Shell announces ‘obscene’ £7,6400,000,000 profit for first quarter of the year

Kirsten Robertson: Thursday 4 May 2023 8:54 am

Oil giant Shell made nearly £1.4 billion more in profit than experts had expected in the first three months of the year, the company said today.

The business joined its rival BP in reporting expectations-beating results this week.

Shell said that its adjusted earnings had risen by 5.7% compared to the same quarter a year earlier, reaching £7.6 billion.

Like its rival BP, Shell’s results immediately sparked calls for the Government to take a tougher stance against the oil majors. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Shell force-fitted more than 4,000 prepayment energy meters last year while making £32bn in profits

Shell force-fitted more than 4,000 prepayment energy meters last year while making £32bn in profit

Shell force-fitted more than 4,000 prepayment meters in the UK last year as the international oil and gas giant made more than £32bn in profits.

The firm on Wednesday posted additional profits of almost £7.7bn in the first quarter of this year amid soaring oil and gas prices

.It was reported in February that Shell’s overall profits had soared to £32.2bn last year – the highest in the oil and gas giant’s 115-year history – as millions of Britons struggled to pay their energy bills. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

BP agrees to buy Shell’s stake in Australian Browse gas project

BP agrees to buy Shell’s stake in Australian Browse gas project

By Samuel Mckeith: REUTERS

SYDNEY, April 29 (Reuters) – BP (BP.L) has agreed to buy rival giant Shell’s (SHEL.L) 27% stake in the Browse joint venture, expanding its holding in Australia’s largest untapped gas resource in a move that could improve the development prospects for the long-stalled project.

The Browse project, estimated to cost $20.5 billion, has been stuck on the drawing board for years but is now being considered as a replacement for ageing gas fields to supply the North West Shelf LNG (liquefied natural gas) plant. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Shell sells stake in $30b Woodside gas project to BP

FINANCIAL REVIEW

Shell sells stake in $30b Woodside gas project to BP

Brad Thompson Reporter. Apr 29, 2023 BP will acquire fellow global energy major Shell’s stake in the $30 billion Browse LNG project in Western Australia hot on the heels of Woodside Energy boss Meg O’Neill issuing a warning about the mounting regulatory hurdles and policy changes facing the project’s backers.

The deal boosts BP stake in the Browse project, led by Woodside, to 44 per cent. PetroChina and Japanese heavyweights Mitsubishi and Mitsui also have stakes in what is touted as Australia’s largest untapped conventional gas resource.

It is understood BP finalised the acquisition of the Shell stake on Friday night Perth time just hours after protesters and climate change activists targeted the Woodside annual general meeting in the city. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Breaking up with Russia is hard for many Western firms, despite war

The Washington Post

Breaking up with Russia is hard for many Western firms, despite war

By : April 15, 2023 at 7:21 a.m. EDT RIGA, Latvia — Only a small percentage of the hundreds of companies that promised to leave Russia after its invasion of Ukraine have exited, according to several groups keeping a scorecard — and for those that dawdled, departing has only become more expensive and complicated.

But leaving can be complex. Four days after the invasion, Shell announced it was leaving Russia and later wrote off its nearly 27.5 percent stake in the Sakhalin-2 LNG facility in the Far East at $1.6 billion. This month, an unconfirmed Russian newspaper report suddenly surfaced that Putin had given permission for the company to repatriate $1.2 billion from the sale of its stake in Russia’s Novatek. Shell had no comment. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Odors, pollution leave residents uneasy as Shell reports release at cracker plant

Odors, pollution leave residents uneasy as Shell reports release at cracker plant

CHRISSY SUTTLES   Beaver County Times: 14 April 2023

POTTER TWP. – Strong odors from a “release of hydrocarbons” at Shell’s wastewater treatment plant are permeating parts of Beaver County.

Those living, traveling and working near Shell’s ethane cracker plant in Potter Township said the “kerosene-like” scent has persisted for at least two days, causing watering, burning eyes, headaches, nausea and other respiratory issues.

“It smells like if you burned rotten potatoes but used garage chemicals to do it,” said Mary Beth Eastman, a Beaver County resident who lives less than five miles from the plant. “I had a headache all afternoon yesterday, plus nausea. I have a headache again today. My daughter has been coughing for two days. She’s 12.” read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Dutch government promises support to Shell to cut CO2 emissions

Dutch government promises support to Shell to cut CO2 emissions

Thu, 13 April 2023 at 1:20 pm BST·

AMSTERDAM (Reuters) -The Dutch government on Thursday said it would support oil and gas company Shell in its efforts to reduce its CO2 and nitrogen emissions in the Netherlands in the coming years.

The government said it would look at building infrastructure and accelerating permitting procedures needed for projects that would help Shell, one of the country’s largest polluters, reach its goal of cutting 3.9 megatons of CO2 emissions from its Dutch plants by 2030. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Russia’s Novatek to acquire Shell’s stake in Sakhalin-2 for $1.16 bln

REUTERS

Russia’s Novatek to acquire Shell’s stake in Sakhalin-2 for $1.16 bln

MOSCOW, April 12 (Reuters) – Russia’s government has approved the sale of Shell’s (SHEL.L) former 27.5% stake in the Sakhalin-2 energy project to Russian energy firm Novatek (NVTK.MM) for 94.8 billion roubles ($1.16 billion), a government order showed on Wednesday.

Russian President Vladimir Putin gave his consent for the transfer of the required funds to Shell, Russian daily Kommersant reported last week. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Shell: Solar And Wind Are Growing Faster Than LNG Ever Did

OILPRICE.COM

Shell: Solar And Wind Are Growing Faster Than LNG Ever Did

  • Shell: Wind and solar production capacities are growing faster than liquefied natural gas and nuclear ever did.
  • Government incentives and energy security issues have given renewables another bump.
  • While solar and wind are seeing a much steeper growth trajectory than nuclear and liquefied natural gas did, energy demand, too, has seen an extreme growth trend.

Wind and solar production capacities are growing faster than liquefied natural gas and nuclear ever did. A recent report from Shell Plc examined and compared the growth trajectories of these four energy forms, which have all emerged within the past 60 years, and which tell a very clear story about how the global energy sector is growing and changing. Put simply: our youngest and cleanest energy technologies are the fastest growing the world has seen in at least 50 years. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Putin Approves $1.2 Billion Payment To Shell For Sakhalin-2 Exit

OILPRICE.COM

Putin Approves $1.2 Billion Payment To Shell For Sakhalin-2 Exit

Vladimir Putin has approved a request by Novatek to allow Shell to receive $1.2 billion (94.8 billion rubles) from the Russian gas producer for its 27.5% stake in the Sakhalin-2 LNG project, Russian daily Kommersant reported on Tuesday, quoting sources with knowledge of the matter.

Last year, a decree from Putin stipulated that a newly set up state Russian company would take over the rights and obligations of Sakhalin Energy Investment Co., the joint venture running the Sakhalin-2 oil and gas project. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Energy giant Shell expects boost in gas production

Energy giant Shell expects boost in gas production

August Graham, PA Business Reporter

Thu, 6 April 2023 at 8:28 am BST

Energy giant Shell has said it expects to have produced more gas in the opening three months of this year than it did during the close of last year even as prices drop from recent extremes.

The oil and gas major said developments in Australia would also help it supply more liquid gas – the type transported by ship – to countries around the world.

The company’s shares rose by 1.8% after the news, while rival BP also saw a 0.6% boost.

Shell expects to have produced between 930,000 and 970,000 barrels of oil equivalent per day from its integrated gas division over the three months, up from 917,000 in the last quarter of 2022.

It also expects to load ships with between seven and 7.4 million tonnes of liquid natural gas (LNG) during the quarter, an increase from 6.8 million tonnes in the previous three months. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Shell splits renewables business in CEO efficiency drive

REUTERS

Shell splits renewables business in CEO efficiency drive

By Ron Bousso:

LONDON, March 30 (Reuters) – Shell (SHEL.L) is splitting up its renewables and low-carbon division as part of CEO Wael Sawan’s shake-up to boost the energy giant’s returns.

The changes come as Sawan, who took office at the start of the year, has signalled in recent weeks that Shell is considering ditching oil reduction output targets as part of its energy transition plans. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Shell: All Options On The Table For New Energy Strategy

OILPRICE.COM

Shell: All Options On The Table For New Energy Strategy

  • Shell is considering a new energy strategy to balance climate targets with energy security.
  • The CEO mentioned that the new strategy is expected to be released in June, with all options on the table regarding production targets and strategic decisions.
  • Shell is experiencing the energy trilemma, trying to balance affordable, secure, and low emissions supply, while still needing oil and gas for the long term future.

Shell is currently deliberating how to reconcile energy security with climate targets in a new strategy expected in June, with all options on the table, the supermajor’s chief executive Wael Sawan told The Wall Street Journal in a recent interview.

Whatever the decision of Sawan, other top executives, and the board, Shell is likely to disappoint investors, environmentalists, or both. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.