News and information on Royal Dutch Shell Plc
Royal Dutch Shell will set carbon emissions targets next year and link these to executive pay, reversing its chief executive’s opposition and following intense pressure from shareholders who want fossil fuel companies to take greater responsibility for their contribution to global warming. FULL FT ARTICLE
Just how bad does has a company have to be before the Church of England withdraws investment on ethical grounds?
You may have seen the email I recently sent to over around 1,000 parliamentarians, including senior clergy and the former Scottish Energy Minister Baroness Liddell, who has a Shell connection. The email was about the Archbishop of Canterbury Justin Welby and the Church of England’s significant investment in Royal Dutch Shell Plc.
Many thanks for all the responses received.
Today I would like to bring to your attention just one of the many scandals rattling around in Shell’s corporate cupboard.
On 31 December 2015 there was an uncontrolled flaring event at the Corrib Gas installation which resulted in Shell being successfully prosecuted by the EPA.
This release is for information purposes only and Shell to Sea will not be making any further comment other than to quote from their press release following Minister White’s grant of consent where Ms Harrington is quoted as saying ‘The Judicial Review of Alex White’s decision should prove interesting’.
The Shell to Sea Campaign has three main aims:
January 30th, 2018The sites are included on the environmental watchdog’s National Priority Site (NPS) list, which is updated on a quarterly basis. Six of the sites account for more than half of all complaints received in 2017, the majority of which concerned odour, noise or dust.
SCREENSHOT FROM A RELATED VIDEO CLIP
Of particular concern to Shell, the author provides first-hand insight into Shell’s security and intelligence activities in Nigeria, Iraq, Iran, Ireland and other global hot spots and details how Shell worked with US, UK and Dutch Intelligence and military agencies to further their mutual agendas. The author also discusses Shell’s secret communications with MEND militants in Nigeria through intermediaries. By John Donovan
I suspect that Shell in particular, should be very concerned about a book in the pipeline called “CRUDE INTENTION”. I say this because the author is a former senior manager of Shell Global Security.
Unlike the MI6 “people” hired by Shell including Guy Colegate, John Copleston and Ian Forbes McCredie, and the FBI officials recruited for their government connections like former FBI Deputy Director Richard Garcia, the author is a career security & business professional in the oil & gas industry whose own principles and ethics often conflicted those of his spymaster bosses and coworkers; including the monitoring of our activities as part of a Shell global surveillance operation.
The article goes on to say: The prime minister faces a choice between allowing Ms Fitzgerald to be removed or leave, or continuing to support her and risking the collapse of deal with Fianna Fáil that underpins his minority government.
Calls for Fitzgerald’s resignation came after revelations she was aware of Gardai strategy to discredit Garda whistleblower Sgt Maurice McCabe.
“All this time, the Minister for Justice continued to state her full confidence in the Garda Commissioner who was responsible for this attempt to grievously undermine Sgt McCabe.
Comment by John Donovan
The above message relates to Shell sponsored corruption of the Irish police force in relation to the Corrib Gas project. The Minister referred to in the message is Ms Frances Fitzgerald, T.D. – currently Deputy Prime Minister of Ireland whose actions in relation to corruption in the Irish police looks like they may bring down the whole Irish government. Later today I will publish my correspondence on Irish police corruption with the minister.
It was at my instigation that the subject was first raised in the Irish Parliament.
Now, some of the financial cost to the Corrib Gas Partners, Shell Ireland, Statoil and Vermilion Energy from the odourless gas being pumped into the network can be revealed.Gordon Deegan: Irish Independent: Wednesday 1
Corrib Gas Partners lost out on estimated natural gas revenues of around €38m in the third quarter of this year as a result of odourless gas getting into the network and a scheduled downtime.
Production ceased at the Bellanaboy gas terminal in Co Mayo on September 9th for a scheduled downtime and a total of 31 days of production were lost.
This was as a result of odourless gas being pumped into the gas network in the west of Ireland after the plant was restarted temporarily.
Extracts from the ebook “John Donovan, Shell’s Nightmare” (now available on Amazon websites globally)Extract begins
My Shell insider sources have received threats, including alleged death threats, as reported by The Irish Times in April 2011: Gardaí investigate alleged death threats to Corrib whistleblowers
The last message I received from one Sakhalin2 source advised that they had received a credible serious threat. I never heard from that particular insider again.
A press release issued by Shell UK in March 1995 provides some idea of the degree of acrimony and the wide scope of our campaigning activities.
Barry O’Halloran: 14 Oct 2017
The Corrib natural gas field off the west coast lost €140 million last year, according to accounts filed by its operator, Shell E&P Ireland.
Global oil and gas giant, Royal Dutch Shell, is selling its 45 per cent stake in the Corrib operator to a Canadian pension fund for up to €1.08 billion. Accounts for Shell E&P Ireland show that it lost €140 million in 2016 as the cost of running Corrib exceeded the revenues that it earned. The figures show that the company’s sales were €182.2 million, but costs of €359.4 million and a near €10 million interest bill left it with losses of €187 million. A tax credit of €47 million reduced this to €140 million.
News Release – Issued by Shell to Sea – Oct 1st, 2017 – For immediate release
— Shell to Sea has cumulative knowledge of the Shell/Corrib project, and is capable and willing to put hard questions to CER and EPA. —
The latest fiasco in the Shell refinery at Bellanaboy resulted in as yet unspecified volumes of un-odourised gas entering the national gas grid and as yet unknown quantities of toxins released to land, sea and air in Erris, north Mayo. Shell to Sea has produced a list of specific questions for CER (recently renamed to the Commission for Regulation of Utilities) and EPA, the two statutory bodies charged with investigating this most recent lapse in Shell’s ‘global technical expertise’. [1, 2]
A week ago, the Irish Justice Minister Charlie Flanagan warned the corruption-ridden Irish police Force (the Gardaí) that he wants to see “all the skeletons out of all of the cupboards” in terms of Garda scandals and controversies. One such scandal is the “Strange tale of Shell’s pipeline battle, the Gardaí and £30,000 of booze.”
Shell has been a corporate sponsor of police corruption in Ireland aided and abetted by its ”Mr Fixit” company OSSL, who freely admit their involvement in distributing bribes on behalf of Shell to smooth the path of the controversial Corrib Gas Project. Despite the confession, Shell has thus far managed to escape due retribution.
(Reuters) – Royal Dutch Shell (RDSa.L) and Gas Networks Ireland (GNI) are working to remove unodourised gas that entered the network from the country’s Corrib gas field and has curbed output since last week, Shell said.
Due to a technical problem at the Shell-operated Bellanaboy Bridge gas terminal in Ireland, unodourised gas entered the network, forcing GNI to ask local customers to switch off their gas meters on Sept. 22-23, a Shell spokesperson said.
Unodourised gas cannot be easily detected as it cannot be smelt. Normally odourants are added before the gas reaches customers so people can detect gas leaks by scent. Undetected gas can lead to an explosion or fire.
CLOSE ENCOUNTER RIGHT: A still of the flare from a video by Rossport resident, Mary Corduff.
By Áine Ryan: 26 Sept 2017
COMPANIES selling ‘potentially dangerous energy products’ are obliged ‘to ensure that there is no risk to the customer’. That was according to Minister Michael Ring in the aftermath of news breaking last Thursday night about the fact that odourless gas from the Corrib refinery had entered the network for Galway and Mayo. The crisis, which involved a 36-hour flaring operation at the Bellanaboy refinery in order to push the odourless gas back out of the network, has since been resolved as two State inquiries continue into the potentially dangerous situation.
Lorna Siggins: 22 Sept 2017
Two State investigations are under way into the release of odourless gas into the natural gas supply in the west of Ireland after a “technical fault” at the Corrib gas refinery.
More than 9,000 customers in counties Galway and Mayo were advised to shut down supplies on Thursday until further notice for safety reasons, and the State’s national gas emergency plan was invoked.
Gas Networks Ireland said it had restored a safe supply to 60 per cent of those affected by Friday evening, mainly in Galway city and parts of the county.
“Shell has brought their worst practice in Nigeria into the beautiful Barony of Erris – how dare they and how dare this state allow Shell to poison a pristine environment and the health of future generations; this cannot be spun as a spurious health and safety concern – it’s incompetent and negligent; it is our Place and our People who suffer the consequences while unaccountable, faceless functionaries reap their pensions”News Release – Issued by Shell to Sea – Sept 22nd, 2017 – For immediate release
— Shell’s incompetence puts lives in danger all over Mayo and Galway. —
Following Shell’s latest fiasco of putting odourless gas into the Irish gas network, Shell to Sea has again highlighted the lack of regulation and monitoring of Shell in relation to the Corrib Gas project. [1,2]
Shell to Sea spokesperson Terence Conway stated “During construction of the Corrib project, Shell were a clear danger to lives in this area, but now it is clear that they are a danger to lives further afield also. We have no confidence in the state to regulate or control Shell.”
: What makes you think that anyone is interested in Shell's business dealings with the Germans several decades ago?
REPLY BY JOHN DONOVAN
: In answer to uscitizen's post proclaiming the wonders of the acquisition of BG Group by Shell, it should be remembered that Shell had a 'fire sale' of a plethora of BG 'dross' assets in order to raise $30Bn to disguise the amount by which they had overpaid for BG Group. Sooner or later there must be another reserves recategorisation. The Brasil Asset is a prime candidate for this given that it is still staffed by ex-BG sycophants propping up the illusion. As highlighted by Bogus Group, it would seem that Knarr is the latest posthumous failure of BG Group. They were always over stating the value to the shareholders.
: In 2015 this prospect was given a production life of "at least 10 years"Did Shell expect such an early exit, or was this another BG Group recoverable miscalculation?https://www.upstreamonline.com/hardcopy/1805800/shell-to-pull-plug-at-knarr
: Shell, the world’s second-largest listed oil and gas company after Exxon, cut costs heavily following its 2016 acquisition of BG Group for $53 billion and the 2014 oil crash. Despite a slow and bumpy recovery in oil prices, it reported the largest profit among its peers last year and a jump in revenue from previous years. Shell said its free cash flow - cash available for dividends and share buybacks - was set to rise to around $35 billion per year by 2025 based on a Brent crude oil price of $60 per barrel. That compares with $28-33 billion in free cash flow it expects to deliver by the end of next year. Brent is currently trading just under $61 per barrel. Shell, the world’s biggest dividend payer at $16 billion in 2018, expects to increase its dividend payouts to shareholders once it completes the $25 billion share buyback by the end of 2020 that it promised following the BG acquisition. Shell last increased its quarterly dividend in the first quarter of 2014 to $0.47 per share.
: All of the folks bashing Shell for the BG merger, I think we can now say this has been a very good financial move. Shell has overtaken Exxon and Integrated Gas is a big reason why. I am sure there are examples where some good people got pushed out, and I hate to hear that. However, lets not pull the wool over folks eyes and say this business decision was not sound.
: Further to yesterday's post. Sound Energy plc ("Sound Energy" or the "Company") Director/PDMR Shareholding Sound Energy, the Moroccan focused upstream gas company, announces that it has been notified that Brian Mitchener, Executive Director, has today purchased 150,000 ordinary shares in the Company ("Ordinary Shares") at a price of 12.04 pence per Ordinary Share. As a result of this purchase, Mr Mitchener is interested in 150,000 Ordinary Shares, representing 0.0142% of the Company's issued ordinary share capital.
: UnSound Energy? Readers may wonder why the darling of the AIM Market is now preparing itself for a sale of its Eastern Morocco acreage. Perhaps, the answer may be found in the Annual Report 2018 available to download as a .PDF from the Sound Energy Website: Page 49 Loss of Office and Change of Control Provisions In the event of a change of control of the Company, the CEO, CFO and Exploration Director have the option to give notice and receive a lump sum equivalent to 18 months’ salary for the CEO, 12 months’ salary for the CFO and 8 months’ salary for the Exploration Director.All of the Company’s current share plans contain provisions relating to a change of control. On a change of control, outstanding awards would normally vest and become exercisable, subject to the satisfaction of any performance conditions at that time. Page 50 Summary Of Actual Remuneration (including Benefits in Kind and Performance Awards) Of Directors Executive Directors James Parsons £995,000 Brian Mitchener £323,000 (RSU Awards No. of Shares 862,682, Granted 26.04.18 Settlement date 01.01.21) JJ Traynor £168,000 (RSU Awards No. of Shares 961,194, Granted 26.04.18 Settlement Date 01.01.21) It should be remembered that Brian Mitchener is of the failed BG Group stable. It would seem that Bonus Group habits are hard to let g0!
: I concur with Bonus Group recollection of the tin pot, lacklustre, parvenu outfit. There was no place in BG Group for experienced professionals if they didn’t possess the sycophant tendencies required to stoke the egos of those deluded by corporate grandeur. Large remuneration packages were not uncommon then too, the chief executive received circa £13mm (published) in bonuses throughout his 12 year tenure. During that period there were 26 fatalities, roughly £500k for each. That was more than distasteful.
: Today is the anniversary date of the agreement on terms of the takeover of BG Group (a tin pot, lacklustre, parvenu outfit) by Royal Dutch Shell plc in 2015. In consequence of BG Group's consistent failures to meet targets and the engineered predatory takeover by Royal Dutch Shell plc the careers and professional lives of many experienced Geoscientists and Engineers were brutally butchered, terminated, and cast aside like so much offal, so it is rather distasteful to see the size of Ben van Beurden's remuneration package being flaunted in the press by Royal Dutch Shell plc.
: It seems to be impossible right now to get any chance of landing a job inside Shell these days. Everytime people apply for jobs unless they have high potential or a diversity point they get rejections. I got told recently that the hiring manager was looking for someone with high potential. Don't these people realise that they also need QUALIFIED people to actually do the work. Ridiculous but it almost getting to age discrimination these days. Rant over.
: SHELL CANADA
...they are wanting to sell their Alberta operations..... because there is no money left in it...they have syphoned it all off.....
I think also on 2010-2011 they had multiple explosions at their Caroline facility supposedly an employee during an explosion at the south compressor station had to be airlifted to hospital and was seriously injured.
That must have cost them millions of dollars.....there should be government records of this stuff....
: THE ROYAL MINT HAVE RELEASED A NEW 50p COIN TO COMMEMORATE THE BREXIT DEAL
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
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