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Posts from ‘September, 2017’

It’s Not Just The CEO’s Car: Shell Converts Corporate Fleet To Plug-In Hybrids

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Shell CEO Ben van Beurden made headlines worldwide when he told an interviewer in July that his next car would be an electric vehicle, but he stopped short of a full disclosure: van Beurden’s new car is part of a company-wide conversion of the corporate fleet.

Shell Technology Director Harry Brekelmans clarified this month that he too is getting a plug-in vehicle, though it’s a hybrid:

“Indeed Ben’s next car is electrical, but what he also says time and again is that fossil fuels will remain a part of the energy mix for decades to come, so his next car’s a hybrid, not a full EV,” Brekelmans said in appearance at the Massachusetts Institute of Technology. “And I know because my next car also will be a hybrid, because we’re changing the corporate fleet.” read more

Australian gas supply crunch squeezes east coast LNG exporters

UPDATE 2-Gas export curbs loom as Australia’s east faces gas shortfall

By Sonali Paul

MELBOURNE, Sept 25 (Reuters) – Royal Dutch Shell, ConocoPhillips and Santos face curbs on exporting gas from Australia’s east coast in 2018 if they fail to plug a projected local supply shortfall, Prime Minister Malcolm Turnbull warned on Monday.

Eastern Australia faces a gas shortfall of up to 17 percent of market demand in 2018, the nation’s energy market operator and competition watchdog projected in reports submitted to the government on Monday that will be the basis for a decision by Nov. 1 on whether to limit exports. read more

Top BP Executive Warns OPEC Needs to Prolong Oil Output Curbs

OPEC and its allies need to extend their crude production cuts beyond March 2018 to rebalance the global oil market, a top executive at BP Plc’s trading arm said.

“Rebalancing is already on the way,” Janet Kong, Eastern Hemisphere Chief Executive Officer of integrated supply and trading at BP, said in an interview in Singapore. But OPEC needs “definitely to cut beyond the first quarter” to bring inventories down and back to historically normal levels, she said.

The view from BP follows a gathering in Vienna by the Organization of Petroleum Exporting Countries and its partners that concluded with no decision on an extension or deepening of supply cuts. Oil has struggled to hold above $50 a barrel in 2017 as investors weighed signs of a whittling worldwide crude glut against concerns the U.S. will boost oil production. read more

Statoil Vies for a Stake in Abu Dhabi’s Offshore Oil

Statoil ASA is among producers involved in discussions with the Abu Dhabi National Oil Co. about joining offshore production in the emirate, according to a Norwegian diplomatic dispatch.

“All the major oil companies, including Statoil, are positioning themselves for a cooperation with Adnoc in the offshore segment,” Norway’s embassy in Abu Dhabi wrote in a message to the Foreign Ministry in Oslo dated Aug. 17, which was obtained by Bloomberg through a freedom-of-information request. read more

Iran Says OPEC Action on Output Cuts Must Address Libya, Nigeria

OPEC’s commitment to cutting production to clear a global glut is working, but the group needs to address rising output from Libya and Nigeria, Iran’s Oil Minister Bijan Namdar Zanganeh said. 

Compliance with the output cuts is “acceptable,” Zanganeh told reporters in Tehran. The Organization of Petroleum Exporting Countries should focus on “the situation with Libya and Nigeria,” he said, referring to the two countries exempted from capping production due to their internal strife. read more

Talks continuing with Shell about Iraq’s Majnoon oil field, oil minister says

FILE PHOTO: A view of Iraq’s Majnoon oilfield in Basra, 420 km (261 miles) southeast of Baghdad, October 6, 2013. REUTERS/Essam Al-Sudani/File Photo

SUNDAY SEPTEMBER 24, 2017 / 11:54 AM

BAGHDAD (Reuters) – Iraqi oil minister Jabar al-Luaibi said on Sunday talks are continuing with Royal Dutch Shell (RDSa.L) on the Majnoon oil field that the company is said to be seeking to quit.

“There are still negotiations, things are not clear,” Luaibi told a news conference in Baghdad. “We haven’t initiated talks with other companies.” read more

Shell plans UK’s first ‘no-petrol’ station as journey towards clean motoring continues

Jillian Ambrose: 

Royal Dutch Shell is preparing to open Britain’s first “no-petrol” service station in the capital next year as part of its drive towards cleaner motoring.

The forecourt is expected to offer motorists biofuels, electric vehicle charge points and hydrogen cell refuelling instead of traditional petrol and diesel pumps. Meanwhile, the buildings are due to be powered by ­renewable energy from solar panels on the forecourt roof.

Sources close to the Anglo-Dutch oil giant told The Telegraph that a central London site had been chosen, but the project was still at a very early stage. A spokesman for Shell declined to comment. read more

Economic storm on the horizon

The rise of battery-powered cars threatens disaster for Houston’s oil and gas economy.

Halfway around the globe, a storm is brewing that will pose a greater threat to our oil and gas industry than Hurricanes Harvey or Ike, or even a massive storm surge right up Houston Ship Channel.

The danger: China wants to stop buying gasoline. Specifically, at an automotive conference in Tianjin, the nation’s vice minister of industry and information technology stated that the government is planning on a total phaseout of vehicles powered by fossil fuels. This announcement follows similar plans from Britain and France to ban sales of diesel and gasoline cars by 2040. That’s decades away, but the world is undeniably moving towards a future where the internal combustion engine is a thing of the past. read more

Shell Corrib: Irish national gas emergency plan invoked

€400,000 worth of gas burned off and safe supply restored to some customers

Corrib gas plant flaring incident from 32 kilometers away

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. read more

GAS WARNING Irish homeowners urged to switch off gas supply after ‘odourless gas enters the system’

21st September 2017, GAS Networks Ireland are urging customers in Mayo and Galway to turn off their gas supplies after odourless gas entered the system from the Corrib Gas terminal.

Natural gas customers in Galway city, Headford, Castlebar, Tuam Ballinrobe, Claremorris, Westport, Ballina and Crossmolina are being told to turn the supply at the meter box off until further notice.

Gas is an odourless substance until a smell is added so it is noticeable.

If a gas leak was now to occur, homeowners would not be able to smell it.

It was processed at the Ballanaboy terminal in Mayo however the odourless gas managed to enter the network, Shell EP confirmed.

In a statement issued by Gas Networks Ireland, the company confirmed a ‘quantity of odourless gas’ entered the network. read more

Kitimat patiently waits for its gas boom as global LNG markets head towards balance

GEOFFREY MORGAN, FINANCIAL POST 21 Sept 2017

CALGARY – Despite multiple liquefied natural gas project cancellations recently on Canada’s West Coast in recent weeks, the mayor of Kitimat, B.C. is still confident at least one will be built in his town – and even some of the more pessimistic analysts are beginning to agree.

“We’re still extremely positive,” Kitimat mayor Phil Germuth said of the prospects for two LNG projects proposed in and around his northern B.C. town. He said preliminary site work is underway at both Chevron Corp.’s Kitimat LNG project and the Shell Canada Ltd.-led LNG Canada project. read more

‘We were given guarantees’: Minister calls for investigation after odourless gas enters public supply

Michael Ring said that he was “extremely concerned” over how the odourless gas managed to enter the wider network.

“Shell E&P Ireland (SEPIL) can confirm that a quantity of odourless gas has entered the Gas Networks Ireland (GNI) network,” a spokesperson said.

22 Sept 2017

A GOVERNMENT MINISTER has called for an investigation into how odourless gas from the Corrib gas field made it into the general supply.

Minister for Rural and Community Development Michael Ring said that he was “extremely concerned” over how the odourless gas managed to enter the wider network.

“I am aware that the EPA is engaged with Gas Networks Ireland and the priority is that this situation is resolved safely and with minimal inconvenience to customers,” he said.

“However, we also need answers on how this was allowed to happen and we need them without delay. read more

Shell’s Dutch DC scheme introduces drawdown plan

21 SEPTEMBER 2017 BY

Oil company Shell’s Dutch defined contribution (DC) scheme has introduced variable pension benefits in the wake of new legislation (Wet Verbeterde Premieregeling).

In its 2016 annual report SNPS – a relatively new scheme set up in 2013 with individual defined contribution (IDC) arrangements – said it had started to offer members the option of keeping accrued pension capital invested after retirement, while investment risk and longevity risk remain collectively shared. read more

California cities sue big oil firms over climate change

Gary McWilliams: SEPTEMBER 21, 2017 / 2:34 AM

(Reuters) – California cities San Francisco and Oakland filed separate lawsuits against five oil companies on Wednesday seeking billions of dollars to protect against rising sea levels they blamed on climate change, according to public documents.

The lawsuits, filed in state courts in San Francisco and Alameda Counties, alleged Chevron Corp, ConocoPhillips, Exxon Mobil Corp, BP Plc, and Royal Dutch Shell Plc, created a public nuisance and asked for funds to finance infrastructure to deal with rising sea levels. read more

San Francisco sues Big Oil for billions over climate change claiming they knew the dangers for decades

‘Instead of owning up to it, they copied a page from the Big Tobacco playbook,’ says San Francisco’s city attorney

The Golden Gate Bridge across San Francisco Bay

The US cities of San Francisco and Oakland are suing five of the world’s largest oil companies for the coasts of walls and other defences against rising sea levels, saying the industry made vast profits from fossil fuels while knowing they were causing “an existential threat to humankind”.

Drawing a direct comparison to the tobacco industry’s sale of cigarettes despite knowledge of the health risks, the city attorneys announced they had filed separate lawsuits against BP, Royal Dutch Shell, Exxon Mobil, Chevron and ConocoPhillips. read more

Why $55 Brent Is Big News For Shell

: Sept 21, 2017

Summary

  • Checking out high-yielding Royal Dutch Shell plc.
  • Brent bouncing up to over $55/barrel is big news that I think has been under-reported in the financial media.
  • Overview of Shell’s finances and significance of higher Brent prices.

In light of material increases in realized upstream prices and an improving downstream sector, Royal Dutch Shell plc’s (NYSE:RDS.A) (NYSE:RDS.B) financials have shown tremendous improvement this year. The worst of the downturn is behind the oil sector, but keep in mind crude prices remain range-bound. That being said, with Brent (global oil benchmark) back over $55/barrel (high end of the range), things are looking brighter and brighter for Royal Dutch Shell every day. Especially when it comes to fully covering Royal Dutch Shell plc Class A and Class B shares’ lofty 6+% yields. Let’s dig in. read more

SF, Oakland sue top five oil and gas companies over climate change

San Francisco and Oakland on Wednesday announced lawsuits against five major oil and gas companies. (Courtesy photo)

The lawsuits against Chevron, ConocoPhillips, Exxon Mobil, BP and Royal Dutch Shell claim the companies have known for decades that global warming and sea level rise were accelerated by the investor-owned producers of fossil fuels, but the companies still continued to “aggressively produce, market and sell vast quantities of fossil fuels for a global market”

By on September 20, 2017 10:59 am

The cities of San Francisco and Oakland have filed separate lawsuits against five major oil and gas companies for allegedly contributing to the costs of climate change and sea level rise by producing massive amounts of fossil fuels, city leaders announced Wednesday.

The lawsuits against Chevron, ConocoPhillips, Exxon Mobil, BP and Royal Dutch Shell claim the companies have known for decades that global warming and sea level rise were accelerated by the investor-owned producers of fossil fuels, but the companies still continued to “aggressively produce, market and sell vast quantities of fossil fuels for a global market,” according to a news release from the San Francisco City Attorney’s Office. read more

Energy: North Sea emerges as global oil hot spot

  • The Wall Street Journal
  • read more

    Shell to Expand Presence in Asia and Alternative Fuel Market

    September 20, 2017, 01:35:00 PM EDT By Zacks Equity Research,

    Per Reuters, integrated oil and gas company, Royal Dutch Shell plc RDS.Aintends to increase its marketing operations in Asia region. The company’s effort to de-carbonize the energy system was reconfirmed as it targets to attain 20% of its global fuel station sales from electric vehicles recharging and fuels with a lower level of carbon by 2025.

    Expanding Asia Operations

    The oil major has 43,000 fuel stations in 80 countries and is now trying to reach the fuel markets of China and India, the two most populous countries in the world with high demand for energy. Shell is also eyeing the Indonesian fuel market. The company believes there will be continued growth in the Asian market over the next decade. read more

    Shell pleased with the YouTube/Facebook duopoly

    Shell was never going to burn bridges to either platform, not when both are key to reaching the millennials who think the oil industry is only about profiting from irreversible damage to the planet.

    Seb Joseph: SEPTEMBER 21, 2017

    Not every advertiser sees YouTube’s brand-safety woes and Facebook’s metric mishaps as chances to openly berate the duopoly. Oil giant Shell is doing the opposite, taking a pragmatic — and sometimes sympathetic — view of both companies’ quandaries.

    Between developing a clear strategy for YouTube and running more ads on Facebook, Shell has pinned its colors to the duopoly flag for the foreseeable future. Americo Campos Silva, head of digital and social media for Shell, justified the moves, insisting that Google isn’t entirely to blame for ads appearing next to terrorist videos and criticizing the videos’ creators for avoiding detection using specific tags. Campos Silva also downplayed reports that Facebook falsified the size of its audience… read more

    Eni/OPL 245 growing global bribery probe

    Jaclyn Jaeger | Extracts from article published Sept 19, 2017

    Italian oil giant Eni in a public filing this month revealed further details about what corruption allegations and investigations its facing around the world.

    Corruption allegations against Eni now include Nigeria, Iraq, Kazakhstan, Algeria, and Congo. The number of enforcement authorities, employees, and subsidiaries involved in these allegations has also grown.

    Block OPL 245 — Nigeria. Eni first mentioned allegations of international corruption in a Form 6-K (Report of Foreign Issuer) in 2014. In that report, the company said that it had been served with a notice of investigation in July 2014 by the Italian Public Prosecutor in Milan “relating to potential liability on the part of Eni arising from alleged international corruption.” read more

    New Gulf of Mexico fields bolster new and existing assets

    Sep. 20, 2017 7:05 AM ET: EXTRACTS FROM THE ARTICLE: “Williams’ Long-Term Gulf Of Mexico Upside”

    Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B) is developing the Appomattox and the Vicksburg fields with the first stage of development expected to recover 650 million barrels of oil equivalent. That includes 596 million barrels of crude and 396 billion cubic feet of natural gas, with a planned peak production rate of 175,000 BOE/d. Two tie-back opportunities, the Gettysburg and Rydberg fields, could be developed through future development schemes. read more

    Big Oil Becomes Greener With Cuts to Greenhouse Gas Pollution

    It’s no secret that oil majors are among the biggest corporate emitters of pollution. What may be surprising is that they’re reducing their greenhouse-gas footprints every year, actively participating in a trend that’s swept up most corporate behemoths.

    Sixty-two of the world’s 100 largest companies consistently cut their emissions on an annual basis between 2010 and 2015, with an overall 12 percent decline during that period, according to a report from Bloomberg New Energy Finance released ahead of its conference in London on Monday. read more

    Shell restarting Deer Park, Texas, joint-venture refinery: sources

    SEPTEMBER 18, 2017 / 12:36 AM

    HOUSTON (Reuters) – Royal Dutch Shell Plc began restarting its 325,700-barrel-per-day (bpd) joint-venture Deer Park, Texas, refinery on Sunday for the first time since it was shut three weeks ago by Tropical Storm Harvey, said sources familiar with plant operations.

    The refinery’s largest crude distillation unit, the 270,000-bpd DU-2, restarted on Sunday morning and was on circulation by midday, the sources said. Other units are being brought up to operating temperature and readied to resume production following the restart of DU-2. read more

    Oil firm Shell planning to open its first UK electric car charging point next month

    Oil firm Shell is planning to open its first UK electric car charging point next month.

    Cars will be able to re-charge at a yet-to-be disclosed location in London.

    Bosses are trying to adapt as transport and other industries move away from fossil fuels. Demand for electric cars is expected to soar, with about 150m on the roads by 2040.

    Shell expects to open around 10 electric charging points around London by the end of the year. More will follow depending on customer demand. The firm ultimately wants 20 per cent of its retail fuel margins globally to come from non-diesel or petrol cars. read more

    Oil Majors Cut Greenhouse Gas Pollution

    By Foster Wong: 18 September 2017

    Big Oil had started fighting climate change before President Donald Trump took office read more

    Will Shell’s Gas Gamble Pay Off?

    By Cyril Widdershoven – Sep 16, 2017, 6:00 PM CDT

    Supermajor Royal Dutch Shell has decided to divest its Iraqi oil assets in a move to focus on its future in natural gas.

    The industry giant is seemingly breaking from its oil heritage to head full speed into the “Golden Age of Gas.” Shell’s decision to leave Iraq’s upstream oil assets is not without risk, however, as the market for natural gas is even more oversupplied than it is for crude oil.

    Reuters reported the move first, based on a letter from the Iraqi ministry of oil, followed by a confirmation from Shell. The Dutch heavyweight indicated to the press that its oil asset divestment in Iraq is in line with its strategy to focus more on natural gas and downstream activities. read more

    Oil waste eating away plumbing in contaminated Carousel tract neighborhood, study says

    This issue with sewer pipes is the latest development in a decade-long saga for Carousel tract residents. Developers of the 285-home community, which borders Wilmington, secretly buried remains of a former Shell Oil tank farm a few feet beneath the homes in the 1960s. The burial was kept secret until routine testing discovered soil pollution in 2008.

    Years of state-led environmental investigations into massive oil contamination at Carson’s Carousel tract neighborhood missed a key problem for residents living amid the mess: the sewer pipes under some homes are literally corroded into dust.

    Beyond the high cost of replacing sewer lines, the oil-degraded pipelines could present yet another major health concern for residents across the 50-acre community, a new city-commissioned study has found. read more

    Press Coverage of Royal Dutch Shell Plc

    Posted by on Sep 16th, 2017

    Media stories about Royal Dutch Shell plc (NYSE:RDS/A) have trended positive recently, Accern reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Royal Dutch Shell plc earned a coverage optimism score of 0.27 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.2619903115752 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days. read more

    Brazil’s Raízen trying to cut sugar production costs -CEO

    RIO DE JANEIRO, Sept 15 (Reuters) – Brazil’s Raízen, the world’s largest sugar producer, is trying to cut production costs to remain profitable amid depressed international prices, Chief Executive Luis Henrique Guimarães said on Friday.

    Raízen, a 50-50 joint venture between Cosan SA Indústria e Comércio and Royal Dutch Shell Plc, plans to crush up to 63 million tonnes of cane in the current crop season, more than 10 percent of total Brazilian cane output.

    (Reporting by Rodrigo Viga Gaier; Writing by Marcelo Teixeira; Editing by Paul Simao) read more

    Shell to invest $2 billion per year in Brazil through 2020

    SEPTEMBER 14, 2017 / 5:25 PM

    SAO PAULO (Reuters) – The Brazilian unit of Royal Dutch Shell PLC will invest $2 billion per year in the country through 2020, Flávio Rodrigues, the unit’s director of government relations and regulatory affairs, said at an industry event on Thursday.

    The investment plan does not include potential bids for oil exploration areas, he said, which the government will auction off in September and October.

    On average, the oil company produced 325,000 barrels of oil equivalent per day (boepd) in the first quarter, Rodrigues added.  read more

    Shell set to draw line under a century of Iraqi oil

    Ron Bousso: SEPTEMBER 13, 2017

    LONDON (Reuters) – Royal Dutch Shell is set to end a century of oil production in Iraq by withdrawing from two of the Arab state’s flagship fields to focus on more profitable gas development.

    Shell’s retreat highlights the challenges foreign operators face with low-margin oil contracts in Iraq, an OPEC member that sits on some of the world’s biggest oil reserves and wants to boost production after years of conflict hindered development.

    The Anglo-Dutch firm said on Wednesday it had agreed with Iraq’s oil ministry to relinquish operations at Majnoon field to the government after unfavorable changes to fiscal terms. The announcement confirmed an earlier Reuters report. read more

    Shell Sees Opportunity in Clean Hydrogen Production

    A large hydrogen plant could be a step toward a clean energy future.

    Travis Hoium (TMFFlushDraw) Sep 13, 2017 at 7:06AM The dream for those of us following renewable energy is to someday be able to produce 100% of the world’s energy from renewable sources. Wind and solar power could easily provide enough energy to replace every power plant and barrel of oil in the world, if only there were a cheap, easy way to store it. Batteries are expensive and chemically intensive, so hydrogen was always seen as a top-option for long-term energy storage.

    Royal Dutch Shell (NYSE:RDS-A) (NYSE:RDS-B) and ITM Power (NASDAQOTH: ITMPF) may have taken a small step toward building a hydrogen-fueled renewable future earlier this month by announcing a 10-megawatt  electrolyzer complex in Germany that will supply hydrogen to its refining plant. The hydrogen could also be used to help balance the grid or be sold to customers for their own uses.

    A big deal for hydrogen

    Hydrogen has incredible potential to disrupt the energy industry, but it has been rendered all but obsolete in most of the auto industry, pushed aside in favor of rapidly improving batteries. There’s no point in building a hydrogen vehicleor the necessary infrastructure if batteries can charge quickly and are cost-effective. read more

    Shell Targets Alternative Fuel Stations

    By Tsvetana Paraskova – Sep 12, 2017, 12:30 PM CDT

    Shell—one of the oil majors that is increasingly betting on natural gas and low-carbon fuels—is targeting 20 percent of its global fuel station sales to come from electric vehicles recharging and low-carbon fuels by 2025, John Abbott, Downstream Director at Shell, told Reuters in an interview published on Tuesday.

    While Shell plans to expand fuel stations in China, India, and Mexico—where it sees growth in this market over the next decade—it would continue to focus on meeting demand for cars running on fuels alternative to gasoline and diesel, Abbott said. read more

    Shell Presents Plan for Iran’s Kish Gas Field

    Wednesday, September 13, 2017

    Royal Dutch Shell on Tuesday presented its development proposal to Iran’s Petroleum Engineering and Development Company for Kish Gas Field in the Persian Gulf.

    Hans Nijkamp, vice president of Shell, elaborated on development plans in a meeting with Noureddine Shahnazi-Zadeh, chief executive of PEDEC, and Gholamreza Manouchehri, the deputy for development and engineering at the National Iranian Oil Company, Shana reported.

    A memorandum of understanding was signed between NIOC and Shell in December to conduct technical studies on the field. read more

    Shell Canada shuts some gas operations due to southern Alberta wildfire

    Nia Williams: SEPTEMBER 12, 2017 / 8:59 PM

    CALGARY, Alberta (Reuters) – Shell Canada, a subsidiary of Royal Dutch Shell Plc (RDSa.L), is shutting some gas operations in its Waterton complex in southern Alberta as a precaution against an uncontrolled wildfire raging nearby, the company said on Tuesday.

    The Waterton complex includes natural gas wells and a processing plant and has production capacity of nearly 179 million cubic feet per day.

    So far the company has not shut its Waterton gas plant but is closely monitoring the situation, spokesman Cameron Yost said in a statement. read more

    Shell says to focus on Basra gas in Iraq after Majnoon exit

    SEPTEMBER 13, 2017 / 7:52 AM

    LONDON (Reuters) – Oil major Royal Dutch/Shell said on Wednesday it would focus its efforts on the development and growth of the Basra Gas Company in Iraq after handing over operations of the Majnoon oil venture back to the Iraqi government.

    On Tuesday, Reuters reported that Shell Iraq has started preparations to finalize the exit of Shell from Majnoon, one of the largest fields in the country.

    “In May 2017, the ministry of oil in Iraq applied the performance penalty and remuneration factor on the Shell operated venture, the Majnoon oil field, which had a significant impact on its commerciality,” a Shell spokesman said. read more

    Kiobel v Shell lawyers hearing 12 Sept 2017

    Andrew Denney, New York Law Journal: September 12, 2017

    Forcing Cravath, Swaine & Moore to hand over documents related to litigation against Royal Dutch Shell to a plaintiff seeking redress in Dutch courts would give rise to “discovery litigation tourism,” an attorney for the firm said Tuesday in arguments before a federal appeals court.

    Esther Kiobel, who was unsuccessful in her effort to hold Shell liable in American courts for the 1995 execution death of her husband and eight others under the Alien Tort Statute, has taken her fight to the courts in the Netherlands. read more

    Lawsuit: Shell Knew Climate Risks in Providence and Ignored Them

    A lawsuit alleges Shell Oil is failing to protect the Providence, R.I., waterfront from climate impacts. Photo credit: Jef Nickerson via Flickr

    By Karen Savage: September 12, 2017

    The oil giant Shell has known for decades about the dangers of not protecting its facilities—and in turn its neighbors and the environment—from the growing risks associated with climate change, alleges a lawsuit filed by the Conservative Law Foundation, a Boston-based environmental law and advocacy group that operates across New England. read more

    Shell eyes Asia, aims to expand vehicle recharging at fuel stations

    SEPTEMBER 12, 2017

    * Shell is world’s biggest fuel station operator

    * Pilot projects to recharge cars in Europe, California

    * Company sees fossil fuel growth in China, India, Mexico

    * Focus on downstream earnings as crude price falls 

    By Ron Bousso and Dmitry Zhdannikov

    LONDON, Sept 12 (Reuters) – Royal Dutch Shell aims to expand marketing operations in Asia and wants 20 percent of sales from its fuel stations worldwide to come from recharging electric vehicles and low carbon fuels by 2025, as the world shifts away from crude.

    The Anglo-Dutch firm, with 43,000 fuel stations in 80 countries, aims to expand in China and India, as well as Mexico, where it sees fossil fuel growth in the next decade, John Abbott, the head of refining, trading and marketing, told Reuters. read more

    Royal Dutch Shell sees Brazilian counterpart as natural partner

    Dutch supermajor signed a memorandum of understanding to strengthen cooperation for deepwater activity.

    Shell said a memorandum of understanding with a Brazilian company is symbolic of a true partnership for deep waters. Photo courtesy of Royal Dutch Shell.

    By Daniel J. Graeber: Sept. 12, 2017

    Sept. 12 (UPI) — Royal Dutch Shell said it formed a “true partnership of spirit” with a Brazilian company working in tough conditions in the country’s deep waters.

    Shell said it signed a memorandum of understanding with Petroleo Brasileiro, the Brazilian company known also as Petrobras, meant to strengthen cooperation in deep waters.

    “In true partnership spirit between two of the world’s largest energy companies, Shell will benefit from technical solutions, contract management expertise and cost efficient initiatives Petrobras applies to Brazil’s pre and post-salt projects,” Shell’s statement read. “Shell will share with Petrobras its global deep water experience, especially on cost efficiency efforts and use of technology.” read more

    Shell’s defence of big oil is too hopeful

    September 11, 2017, 11:40:00 AM EDT By Reuters

    By Andy Critchlow

    LONDON, Sept 11 (Reuters Breakingviews) – Royal Dutch Shell, looking deeply into its crystal ball, sees a future that’s still heavily dependent on oil. The Anglo-Dutch giant expects crude will continue to play a major role in global energy supply for decades, even in its less oil-friendly scenario. That optimism goes someway to justifying the billions of dollars it continues to invest in exploiting new reserves and expanding its fuel network. But it’s also a view that may place too much faith in the combustion engine – and China staying with its current strategy. read more

    Shell and Petrobras sign technical cooperation agreement to strengthen deep water partnership

    NEWS PROVIDED BY: Shell Oil CompanySep 11, 2017, 14:14 ET

    RIO DE JANEIRO, Sept. 11, 2017 /PRNewswire/ — Royal Dutch Shell and Petrobras signed last week in The Hague, Netherlands, a Memorandum of Understanding (MoU) to establish a long-term mutual collaboration in developing pre-salt fields in Brazil.

    In true partnership spirit between two of the world’s largest energy companies, Shell will benefit from technical solutions, contract management expertise and cost efficient initiatives Petrobras applies to Brazil’s pre and post-salt projects. Shell will share with Petrobras its global deep water experience, especially on cost efficiency efforts and use of technology. read more

    General Motors, Disney, Shell and 1,200 other companies are taking steps to fight climate change, report says

    September 12 at 12:01 AM

    More than 1,200 global businesses, including U.S. companies such as Disney, Shell and General Motors, are moving to embrace a carbon price — even if President Trump isn’t, according to a new report by a Washington climate think tank.

    While the president has suggested that tackling climate change will undermine the economy and hamstring  businesses, chief executives have been busy voluntarily putting a price on their own carbon dioxide emissions. read more

    Shell Retail Looks to the Future With Car Charging, Clean Fuels

    A Mirai hydrogen fuel powered automobile, manufactured by Toyota Motor Corp., sits on the forecourt at Royal Dutch Shell Plc’s first U.K. hydrogen refueling station in Cobham, U.K., on Wednesday, Feb. 22, 2017. Shell, crafting a strategy to wean itself off oil, is expanding its operations in the refueling market for hydrogen cars. Photographer: Chris Ratcliffe/Bloomberg Rakteem Katakey, Javier Blas: BloombergSeptember 11, 2017

    Royal Dutch Shell Plc wants 20 percent of income from its retail forecourts to come from vehicles that don’t burn diesel or gasoline, as the company anticipates an accelerating transition to clean energy over the coming decade. 

    Shell set up its first hydrogen refueling station in the U.K. earlier this year and will install its first electric car charging point later this month, said John Abbott, the top executive of its downstream business, which includes refining, marketing, retail, trading and chemicals. By 2025, he expects these new operations supplying cleaner fuels, including natural gas, to make up a fifth of retail earnings. read more

    Shell Pesticide Poison

    AN ARTICLE PUBLISHED 9 SEPT 2017 BY THE HUFFPOST AUTHORED BY A CONTRIBUTOR TO THAT PUBLICATION

    By Evaggelos Vallianatos: Contributor/Historian and environmental strategist: 09/09/2017 07:06 pm ET  In 1977, EPA received a letter from a woman who worked at Stanford Research Institute, which tested pesticides for the giant British oil and chemical company, Shell. This important letter carefully documents corrupt scientific practices favoring the approval of Shell pesticides in the United States. The letter makes Stanford Research Institute and Shell responsible for these unethical practices. Stanford University created SRI in 1946. SRI worked like a lab for tobacco and petroleum companies. In 1970, it became independent.

    Labs have been a permanent mechanism of the infrastructure of pesticides and agribusiness. They keep chemical companies and industrialized farmers in business.

    This letter highlights the corruption enveloping Shell and SRI preparing pesticides for government approval. It did not matter that their pesticides would poison our food and the natural world.

    I quote the 1977 letter. Its language may be awkward but its message is razor-sharp. I only changed the names of the persons appearing in the letter: read more

    Shell and Dow Hid Cancer-Causing ‘Garbage’ in Pesticide, Contaminating Drinking Water for Millions in California

    Contact: Monica Amarelo (202) 939-9140: [email protected] FOR IMMEDIATE RELEASE: TUESDAY, APRIL 11, 2017

    SAN FRANCISCO – For decades, Shell and Dow hid a highly potent cancer-causing chemical in two widely used pesticides, contaminating drinking water for millions of people in California and beyond, according to lawsuits detailed in a new report from EWG.

    The chemical 1,2,3-trichloropropane, or TCP, was formerly an unwanted and ineffective byproduct in Dow’s Telone and Shell’s D-D pesticides. Internal documents uncovered in lawsuits filed by communities in California’s San Joaquin Valley show that the companies saved millions of dollars a year by not properly disposing of TCP, a chemical a Dow scientist once called  “garbage,” as hazardous waste. read more

    IN-HOUSE LAWYERS Shell rejigs in-house team and names new UK head of legal

    Alex Berry: @AlexOnLegalWeek: 04 September 2017

    Shell has overhauled its UK legal team, appointing Sarah Morton as its new UK head of legal, replacing Michael Coates in the role.

    Morton, who is also now associate GC for Shell’s downstream northwest Europe business, takes up her new role after nearly six years as Shell’s managing counsel for global litigation for Europe, Middle East & North Africa. In this role she built and managed a team of lawyers, recruiting from both inside and outside of Shell. read more

    Shell strikes Nigerian gas deal

    by: Anjli Raval and Andrew Ward in London

    Royal Dutch Shell is joining forces with a Nigerian company to develop gas pipeline infrastructure in the country in a deal that highlights the push by the world’s biggest energy groups to entrench demand for gas in growing economies of Africa. Shell’s Nigerian business has signed a $300m agreement with Shoreline Energy to develop, market and distribute natural gas around Lagos, the commercial capital of Africa’s largest economy. FULL FT ARTICLE read more

    Shell’s long view

    By Ed Crooks: Sunday September 10, 2017

    Royal Dutch Shell this week set out its views on the outlook over the next few decades, in presentations to investors in New York and London. Shell has been thinking deeply for decades about how to model the future. The scenarios it sets out are more explicit about the uncertainties involved than other projections, which sometimes seem to imply that we can be confident oil consumption in 2040 will be 110.8m barrels per day, or with other overly precise figures. read more

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