LONDON (Reuters) – Just over a year after buying First Utility, Royal Dutch Shell (RDSa.L) has rebranded the British household energy supplier and is switching all its customers to renewable electricity as the oil and gas giant seeks to expand its low-carbon business.
The move by the Anglo-Dutch company poses a challenge for Britain’s long-standing retail power suppliers whose profit margins have come under growing pressure due to intense competition and the regulator’s price cap.read more
Royal Dutch Shell will begin supplying renewable electricity to more than 700,000 homes in the UK this week as it powers up plans to take become the world’s biggest electricity company.
Under the brand Shell Energy, it will become one of the country’s biggest green power suppliers overnight when it replaces First Utility, a year after acquiring the “big six” challenger brand.
Customers will automatically switch to green energy at no extra cost.
“On Monday morning more than 700,000 homes will wake up, turn on the lights, and switch on the kettle, using renewable electricity,” said Colin Crooks, the chief executive of Shell Energy Retail.read more
AMSTERDAM (Reuters) – Workers at Royal Dutch Shell’s Pernis refinery in the Netherlands will go on strike if Shell does not meet their demands for a pay raise before Thursday night, Dutch labor union FNV said on Friday.
Workers at the 400,000 barrel per day refinery will determine the shape and timing of possible actions at the beginning of next week, FNV spokesman Egbert Vellenberg said.
Reporting by Bart Meijer; Editing by Kirsten Donovan
The world’s five largest publicly traded oil companies are increasing their investments in oil and gas, putting a combined $110 billion in new fossil-fuel production.
Meanwhile, those firms are projected to spend just $3.6 billion on low-carbon investments, such as biofuels and renewables, according to a new analysis that Influence Map, a British nonprofit that analyzes corporate influence on climate policy, derived from industry data and numbers buried in company disclosures.
The reckless disparity comes just months after the United Nations warned that the world must rapidly phase out fossil fuel use over the next decade or face catastrophic global warming of at least 2.7 degrees Fahrenheit.read more
A new UK Government-backed carbon capture advisory group will include representatives from BP and Shell.
Announced by the UK Government today, the group has been formed in an effort to open the first Carbon Capture, Usage and Storage (CCUS) facility in the UK by the mid-2020s.
Energy minister Claire Perry said the group would help ensure the takes “full advantage” in the emerging CCS sector.
The UK Government has backed the group with a £1 million support package.
Energy and infrastructure firms such as BP, Shell, Tata Steel, National Grid, Cadent and Drax are all involved.read more
The sale brought in the most revenue from such an event since the oil price downturn, with $244M in high offers received, according to the U.S. Bureau of Ocean Energy Management.
Anadarko Petroleum (APC-0.7%) and Hess (NYSE:HES) were the next highest bidders by dollar amount of high bids, totaling $24M and $18M respectively.
Equinor (NYSE:EQNR) placed the apparent high bid of the sale, offering $24.4M for Mississippi Canyon Block 801, and teaming up with Kosmos Energy (NYSE:KOS) to win Keathley Canyon Block 964 with a $7M bid.read more
The head of Europe’s biggest battery producer says the company’s takeover by oil giant Shell will give it the “bold” presence needed to thrive when the sector takes off in 18 to 24 months, when faster growth rates and tougher competition will prove a competitive test.
“We are in the very beginning of the storage market worldwide,” Sonnen chief executive Christoph Ostermann said during a visit to Australia this week. “We expect to reach an inflection point very, very soon and we have to prepare for that, secure financing for that and enhance our global footprint.”read more
Moscow — Russian LNG is well positioned to compete with North American projects to reach new markets in Asia and the Atlantic Basin despite the challenges, a Shell executive said Wednesday at the LNG Congress in Moscow.
He pointed to the Far East, with the planned capacity expansion at the Sakhalin plant, the Arctic with Yamal LNG and Arctic LNG 2 projects led by Russian Novatek, and the Baltic coast, with the Baltic LNG project.
But Russia is facing a challenge from North America as capital expenditure is generally lower over there. “Projects are built in a mature market,” he said. North American projects also benefit from special partnerships, supported by a low-tax regime.read more
Russia could become the largest natural gas producer in the world, Ben van Beurden, the CEO of Shell, wrote in an article for RIA Novosti.
“The world needs more natural gas to meet rising energy demand, to complement renewables and to replace coal in power generation. And the opportunity for Russia is huge. It is already the world’s largest exporter of natural gas and it enjoys the world’s largest commercial gas reserves. It is the second largest producer of natural gas. It could be the largest,” van Beurden said.read more
March 18, 2019, 10:36:00 AM EDT By Zacks Equity Research, Zacks.com
Royal Dutch Shell plcRDS.A and its partners in the major LNG Canada project intend to decide within 2025 whether to boost its capacity via doubling it, per Reuters. Shell is building the LNG export terminal on the west coast of the country. The facility is located in Kitimat, British Columbia.
The Canadian energy sector, which used to be a booming market, has not witnessed any major milestones over the past few years. Industry downturn, coupled with infrastructure deficiencies and U.S. shale revolution had hit the country hard. With the cancellation of major projects like Northern Gateway, Pacific NorthWest and Energy East, along with uncertainties associated with the existing ones, things had been quite dispiriting for investors in the Canadian oil energy space. The $31-billion LNG Canada project, thus, brought a ray of hope to the country’s energy industry’s plight.read more
Ben Van Beurden’s total pay package soared by 126% last year: Last year, over a quarter of Shell’s investors voted against Mr van Beurden’s pay at the energy giant’s annual meeting
The boss of oil and gas giant Royal Dutch Shell received a 126 per cent pay rise last year.
Chief executive Ben Van Beurden pocketed over £17million, including a long-term incentive plan linked sum of £12.8million, up from £7.6million, and a £2.5million bonus.
In its latest results, the group said: ‘As a consequence of the LTIP vesting in particular, the single figure of remuneration for the CEO is significantly higher this year than in previous years.’read more
Oil major Shell has set out ambitions to build a major electricity generating and retailing business in Australia within the next decade as part of its global shift towards lower-carbon energy, in comments that look set to revive speculation that a significant acquisition may be on the cards.
Maarten Wetselaar, the group’s global head of gas and new energies, said it would be “an enormously lost opportunity” if Shell didn’t get good at supplying low-carbon electricity to consumers and make the most of its famous brand.read more
Enerkem already have a successful waste-to-chemicals plant operating in Edmonton, Canada: Photo: Curtis Trent/Enerkem
Article by Amanda Jasi
SHELL has partnered with world-leading companies to build Europe’s first advanced waste-to-chemicals (W2C) facility in Rotterdam, the Netherlands. The project represents an important step towards a more sustainable chemical industry and a circular economy.
The W2C project will be the first of its kind in Europe to make valuable chemicals and biofuels from non-recyclable waste materials. The facility, which will use cleantech company Enerkem’s proprietary technology, will be built within the Botlek area of the Port of Rotterdam.read more
Royal Dutch Shell has set its first-ever short-term goals to cut the carbon footprint of its operations and product sales as the oil and gas industry is under intense investor and shareholder pressure to address to climate change.
In its annual report published on Thursday, Shell said that in early 2019, it had decided to set a “Net Carbon Footprint target” for 2021 to lower its carbon footprint by 2-3 percent compared to the 2016 Net Carbon Footprint of 79 grams of CO2 equivalent per megajoule.read more
“Contract workers at Shell Nigeria are living in poverty, with no job security and poor healthcare that is costing workers’ lives. Contract workers face dismissal if they join a union or ask for a pay rise. They lack safety equipment and risk death in the field.”
Royal Dutch Shell violations against contract workers in Nigeria came under scrutiny at the 40th session of the United Nations Human Rights Council in Geneva, Switzerland.
Royal Dutch Shell violations against contract workers in Nigeria came under scrutiny today at the 40th session of the United Nations Human Rights Council in Geneva, Switzerland.
In a joint statement to the General Assembly of the Human Rights Council, IndustriALL Global Union and Swiss organisation, Europe-Third World Center (CETIM), said:read more
HOUSTON (Reuters) – Royal Dutch Shell and its partners building a massive liquefied natural gas (LNG) export terminal in Western Canada will decide by 2025 whether to double its capacity, the head of the project said.
The $31 billion LNG Canada project last October became the first major project in five years to be approved, with first exports of the super-chilled fuel planned for 2025.
The second phase of the project will include two new processing lines known as trains that will double the plant’s capacity to 28 million tonnes of LNG per year.read more
Russia can become the world’s top natural gas producer – Shell CEO
Published time: 15 March 2019
With the biggest natural gas reserves on the planet, Russia could become the world’s number one producer of the fuel, according to Ben van Beurden, the CEO of Anglo-Dutch energy major Shell.
The top executive says that rapidly increasing demand for natural gas has occurred due to the worldwide trend aimed at forcing out coal from power generation and the widening opportunity of available renewable energy sources.
“Russia’s chances in the field are huge,” van Beurden wrote in an article for RIA Novosti, stressing that the country is the world’s largest exporter of natural gas.
“It is the second largest producer of natural gas. It could be the largest,” he said.read more
The Shell Oil Company has agreed to pay $165,000 as part of an agreement with the Bay Area Air Quality Management District regarding air quality violations at their refinery in Martinez in 2015 and 2016, according to air district officials.
The settlement, which the district announced today, addresses 16 violations over two years including sulphur dioxide and hydrogen sulfide emissions, a shelter-in-place order, a cargo vessel tank that was overdue for emissions inspections and broken seals on a liquid storage tank.read more
Shell sets its first carbon reduction targets on output, consumption
Ron Bousso: March 14, 2019
HOUSTON (Reuters) – Royal Dutch Shell said on Thursday it planned to reduce carbon emissions from its oil and gas operations and product sales by 2 percent to 3 percent during the 2016-2021 period, the first time the company has issued carbon footprint targets.
The targets, which will be linked to executive pay, aim to cut greenhouse gas emissions from its oil and gas extraction and refining as well for fuels and other products sold to millions of customers, known as Scope 3 emissions.
Rivals BP and Total have already set short-term targets on reducing carbon dioxide emissions, but those planned cuts are limited to their own operations and exclude Scope 3 emissions.
“Early 2019, it was decided to set a Net Carbon Footprint target for 2021 of 2-3 percent lower than our 2016 Net Carbon Footprint of 79 grams of CO2 equivalent per megajoule,” Shell said in its 2018 annual report, which was released on Thursday.
The targets will be linked to the remuneration of around 150 executives in 2019, and expanded to 16,000 employees next year.read more
Royal Dutch Shell, one of the world’s biggest oil and gas groups, is aiming to become the largest electricity company by the 2030s, as it prepares for a fundamental shift in global energy supplies towards lower-carbon sources. Maarten Wetselaar, Shell’s director of gas and new energies, told the Financial Times that the group could develop a power business, including supplying customers, trading and providing equipment, that was the same size as its oil or gas operations.read more
HOUSTON (Reuters) – Royal Dutch Shell urged U.S. President Donald Trump’s administration on Tuesday to tighten restrictions on greenhouse gas emissions from oil and gas production, instead of weakening them as planned.
Breaking from a decades-old tradition of avoiding criticism of U.S. government policies, Shell’s U.S. Country Chair Gretchen Watkins called on the U.S. Environmental Protection Agency (EPA) to tighten rules to plug methane leaks, a potent greenhouse gas.read more
By Dulue Mbachu and Elisha Bala-Gbogbo: 13 March 2019, 03:00 GMT: Updated on 13 March 2019, 10:51 GMT
Niger River delta wracked by pipeline sabotage, crude theft
Buhari must act now or face ‘doomsday’ later, activist says
After the military government in 1995 executed nine Ogoni activists, including the writer Ken Saro-Wiwa, regional unrest spiraled into full-blown armed militancy in the past 15 years.
Fresh from his comfortable re-election, Nigerian President Muhammadu Buhari faces a huge hurdle to keep his vow to end the economy’s addiction to oil: win a lasting peace in the crude-rich Niger River delta.
The 76-year-old former military ruler will have to score a breakthrough that’s eluded previous governments in an area where armed groups and thieves pose a constant threat to the flow of crude. To carry out his plans to develop a backbone of stable power, roads and rail lines for agricultural expansion and industrialization in Africa’s most-populous nation, Buhari needs all the money he can get from oil, the source of two-thirds of government revenue.read more
AMSTERDAM, March 13 (Reuters) – Royal Dutch Shell has teamed up with energy company Eneco and builder Van Oord in a bid to build two wind farms in the Dutch part of the North Sea, the companies said on Wednesday.
The tender for the wind farms, with total capacity of 750 megawatts (MW), is open until March 14 for bids that require no subsidies on electricity prices.
The Dutch were among the first to offer a ‘zero subsidy’ tender for wind power in 2017, with Sweden’s Vattenfall winning the right to build a 700 MW wind farm without price support.read more
LONDON, March 12 (Reuters) – Royal Dutch Shell has struck a deal with Dutch tank terminal firm HES International to partially restart a German oil refinery mothballed since 2011 in response to new restrictions on marine fuels, two trading sources told Reuters.
A new cap set by the International Maritime Organization (IMO) that will cut the sulphur content in shipping fuel to 0.5 percent from 3.5 percent from next year is set to be one of the biggest fundamental events to hit oil markets in years.read more
Royal Dutch Shell (RDS.A+0.4%) urges the Trump administration to tighten restrictions on greenhouse gas emissions from oil and gas production, instead of weakening them as planned.
In unusually frank terms, Shell’s U.S. chief Gretchen Watkins told the CERAWeek conference today that the Environmental Protection Agency needs to tighten rules to plug methane leaks, saying “We don’t usually tell governments how to do their job but we’re ready to break with that and say, ‘Actually, we want to tell you how to do your job.'”read more
By Kevin Crowley and Alix Steel: 11 March 2019, 20:09 GMT: Updated on 11 March 2019, 21:38 GMT
Oil major aims to be top power producer by early 2030s
Shell seeks 8-12% returns in historically low margin business
Royal Dutch Shell Plc plans to become the world’s biggest power company despite electricity’s historically narrow margins.
The world’s second-largest oil explorer by market value is spending up to $2 billion a year on its new energies division, mainly to grow in a power sector it envisions delivering 8 percent to 12 percent annual returns, according to Maarten Wetselaar, director of Shell’s integrated gas new energies unit.read more
By Kevin Crowley: 11 March 2019, 16:16 GMT: Updated on 11 March 2019, 22:56 GMT
European major ‘actively looking’ for targets, Sawan says
Upstream director-in-waiting declines to comment on Endeavor
Royal Dutch Shell Plc is on the hunt for deals to bulk up its position in the Permian Basin, where it lags rivals Exxon Mobil Corp. and Chevron Corp.
“We are definitely actively looking at opportunities,” Wael Sawan, Shell’s deepwater boss, said in an interview on the sidelines of IHS Markit’s CERAWeek conference on Monday. “If none ever come up then that’s a disappointing outcome.” Sawan is set to lead the European supermajor’s entire upstream division in July.read more
Shell’s investment could surpass $650M if exploration continues, according to the president of Colombia’s National Hydrocarbons Agency.
The government recently modified contractual terms for offshore exploration and launched a new process that allows companies to apply to explore in areas of interest, offering 20 blocks as part of a strategy to boost the oil sector.read more
The world’s second-largest oil explorer by market value is spending up to $2 billion a year on its new energies division, mainly to grow in a power sector it envisions delivering 8-12% annual returns, according to Maarten Wetselaar, director of Shell’s integrated gas new energies unit.
“We believe we can be the largest electricity power company in the world in the early 2030s,” Wetselaar said.
“We are not interested in the power business because we like what we saw in the last 20 years.
“We are interested because we think we like what we see in the next 20 years.”read more
Mar 8th, 2019
by John Donovan.
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7 March 2019
AMSTERDAM (Reuters) – Workers at Royal Dutch Shell’s Pernis refinery in the Netherlands might go on strike at the end of the month, after having rejected a proposed labour agreement, Dutch labour union FNV said on Thursday.
Workers at the 400,000 barrels per day refinery will vote on possible action on March 19 and 21, FNV spokesman Egbert Vellenberg said.
(Reporting by Bart Meijer; Editing by Alexandra Hudson)
Mar 5th, 2019
by John Donovan.
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The agreement was signed by Maarten Wetselaar, Shell’s Director of Integrated Gas and New Energies together with Harib Al Kitani, CEO of Oman LNG in the presence of Ben van Beurden, CEO of Royal Dutch Shell.
March 3, 2019 | 1:55 PM by Times News Service
The agreement will combine Shell’s experience of implementing technology and developing innovative solutions to support Oman LNG’s digitalisation drive to better equip it for the future.
Maarten Wetselaar said, “With energy transition and more demand for digitalisation, we are seeing the evolution of the industry. Innovative technology and data is creating an incredible opportunity in the energy industry, giving us the ability to track trends and make better decisions. We are delighted to collaborate with Oman LNG and explore new ways in which they can improve their asset efficiency and profitability, reduce operation costs, accelerate production and speed.”read more
Feb 28th, 2019
by John Donovan.
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Lefteris Karagiannopoulos: February 27, 2019
OSLO (Reuters) – Royal Dutch Shell aims to boost output and recoverable reserves from its Ormen Lange gas field off Norway by installing subsea compressors, the head of its Norwegian operations said on Wednesday.
Output from Shell-operated Ormen Lange, Norway’s second-largest gas field and one of the key external gas supply sources for Britain, has been gradually declining since its 2012 peak.
The company postponed plans to artificially increase the field’s pressure to pump out more gas in 2014 due to high costs.
With costs having fallen since, the company and its partners, including Norway’s Equinor and ExxonMobil, now aim to choose between two proposals to improve output and recoverable reserves, said Rich Denny, head of Shell’s operations in Norway.read more
Feb 28th, 2019
by John Donovan.
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By Reuters:
MELBOURNE (Reuters) – Royal Dutch Shell and PetroChina joint venture Arrow Energy on Thursday was granted leases for a A$10 billion (5.37 billion pounds) project to develop Australia’s biggest coal seam gas resource.
The Queensland government said it had granted 14 leases to Arrow Energy for the Surat project, which holds 5 trillion cubic feet (140 billion cubic metres) of gas. Arrow agreed in December 2017 to a 27-year deal to sell output from Surat to the Queensland Curtis LNG (QCLNG) project run by Shell.read more
Oil giant Shell has agreed a deal to acquire an energy generation trader as part of its low carbon transition.
Limejump works with generators to “optimise their generation assets within trading markets” such as the wholesale market.
The firm says it has created a Virtual Power Platform to “maximise asset developers return on investment and reduce the concentration of carbon-emitting energy sources”.
Once the deal is finalised, Limejump will become a wholly owned subsidiary of Shell.
Brian Davis, vice president of energy solutions at Shell New Energies, said: “We are impressed by the Limejump team and their track record of building a digital energy platform that connects and optimises a diverse range of assets.read more
Feb 28th, 2019
by John Donovan.
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Dmitry Zhdannikov: FEBRUARY 27, 2019
LONDON (Reuters) – Russian gas giant Novatek and oil major Shell said on Wednesday Russian gas would remain more competitive in Europe than U.S. gas, as Moscow pursues new mega projects that would be insulated from any new U.S. sanctions.
The United States has already imposed numerous sanctions against Russian individuals and companies over Moscow’s interference in Ukraine, alleged meddling in the 2016 U.S. presidential election, and accusations it was behind a nerve agent attack in Britain. Russia denies the allegations.
Washington is mulling new sanctions that could put further strain on Russia’s economy and companies. So far, there have been no sanctions affecting conventional or liquefied natural gas (LNG) production in Russia.read more
Feb 26th, 2019
by John Donovan.
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* Shell upstream boss Brown sees ‘no merit’ in tax claim
* Bonga Southwest development decisions may slip into 2020
* Shell to fast track Whale development in Gulf of Mexico
By Ron Bousso: FEBRUARY 26, 2019
LONDON, Feb 26 (Reuters) – Royal Dutch Shell said on Tuesday that Nigeria’s claims that it was owed billions in taxes could delay the development of a major oil field off the coast of the West African nation.
Nigeria ordered several major foreign oil and gas companies to pay nearly $20 billion in taxes it says are owed to local states, industry and government sources told Reuters.read more
More developments are underway that show just how far global liquefied natural gas (LNG) markets have progressed in the last five years. Until recently, the super-cooled fuel was mostly bought and sold via restrictive long-term off-take agreements where the buyer usually signed up for 15 or 20-year deals that helped producers finance massive capex projects.
However, in the last few years, as more supply hit the market, a long-term supply overhang developed that not only put downward pressure on prices but gave buyers more options as well as more leverage in contract negotiations. In addition to more supply flooding the market, a robust spot market for LNG in Asia has been developing which has seen buyers, for example, Tokyo Gas and several others, also become traders.read more
Today there were reports that oil and gas giant Shell is keen to get involved with the UK’s vibrant offshore wind sector. Earlier this month it announced that it bought the German energy storage and management provider sonnen.
If news had broken three years ago that Shell had acquired a 100% stake in a German energy storage company the reaction would have been confusion, surprise and probably a dose of suspicion.
Royal Dutch Shell’s new LNG outlook report projects that global liquefied natural gas demand will continue to rise in the years ahead – led by Asian growth – as Shell seeks to solidify its stake as the world’s LNG leader.
With natural gas continuing to replace coal as a cleaner-burning power source from the United States to China, Shell expects annual LNG demand worldwide to surge more than 30 percent from 292 million metric tons in 2017 to 384 million tons in 2020. Last year, demand grew by 27 million tons, or more than 9 percent, to 319 million, and this year demand should spike by another 11 percent or 35 million tons, Shell said.read more
In its 2019 Outlook for LNG, Shell said demand will continue to rise next year, with “supplies to tighten in the mid-2020s”.
Shell warned that more new projects are needed.
Demand for cleaner fuels to improve air quality in Asia saw demand rise by 27million tonnes to 319million in 2018, with demand expected to reach around 384million tonnes in 2020.
Supply is expected to rise by 35million tonnes this year but it will not be enough to offset demand, with the additional supply to be absorbed completely by Asia and Europe.read more
Mark Gainsborough, executive vice president of Shell New Energies, told Reuters during an interview last week that his firm intends to buy up UK seabed leases or buy up stakes in existing projects.
Shell recently bought a majority stake in a floating wind project planned for 2020
Originally investing 33% in the ‘TetraSpar’ floating foundation demonstrator turbine last year, Shell will now own 66% of the project.
Shell also pledged up to £1.4billion in new renewable energies last year.read more
Feb 25th, 2019
by John Donovan.
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FEBRUARY 25, 2019 / 6:50 AM
LONDON (Reuters) – Global liquefied natural gas (LNG) trade will rise 11 percent to 354 million tonnes this year as new facilities increase supplies to Europe and Asia, Royal Dutch Shell said in an annual LNG report on Monday.
Shell, the largest buyer and seller of LNG in the world, said trade rose by 27 million tonnes last year, with Chinese demand growth accounting for 16 million tonnes of those volumes.
Shell’s forecasts, which see LNG demand climbing to 384 million tonnes next year, reflect a burgeoning industry with new production facilities opening in Australia, the United States and Russia and more countries becoming importers by constructing receiving terminals.read more
LONDON (Reuters) – Shell plans to enter Britain’s offshore wind market by acquiring seabed leases or taking stakes in existing projects, despite the country’s impending departure from the European Union, the head of the company’s New Energies division said.
Oil firms are increasingly building portfolios of clean energy projects to satisfy investor demands that they reduce their carbon footprint. Shell previously said it would spend $1 billion to $2 billion a year on green technology.read more
Feb 21st, 2019
by John Donovan.
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FILE PHOTO: A view shows the Bonny oil terminal in the Niger delta which is operated by Royal Dutch Shell in Port Harcourt, Nigeria August 1, 2018. REUTERS/Ron Bousso/File Photo
LONDON (Reuters) – Nigeria has ordered foreign oil and gas companies to pay nearly $20 billion in taxes it says are owed to local states, industry and government sources said, in a move that could deter investment in Africa’s largest economy.
In a letter sent to the companies earlier this year via a debt-collection arm of the government, Nigerian National Petroleum Corp (NNPC) cited what it called outstanding royalties and taxes for oil and gas production.read more
Feb 21st, 2019
by John Donovan.
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Former Shell CEO Peter Voser is an unlucky man. He had the incredible misfortune to be in charge of the bad guys at both corporate giants, Shell and UBS Bank simultaneously, while presumably being personally innocent of any criminal acts? What are the chances of that happening? The question of managerial negligence, twice-over, must surely be another matter?
By John Donovan
Printed below is an article published yesterday by BBC News reporting that the “Swiss banking giant UBS has been fined €3.7bn (£3.2bn; $4.2bn) in a French tax fraud case.”
The article goes on to say that “Following similar cases in the US in 2009 and Germany in 2014, the bank accepted large fines.”
During the period of criminal activity the then Chief Executive Officer of Royal Dutch Shell Plc – Peter Voser – was paid millions of Swiss francs in his role as a director of UBS AG. He was also a member of the governance and nominating committee and of the strategy committee.read more
MELBOURNE/SINGAPORE (Reuters) – Royal Dutch Shell and PetroChina are at loggerheads over gas sales pricing at their Arrow Energy joint venture, holding up development of Australia’s biggest coal seam gas resource, three industry sources said.
PetroChina, the listed arm of China National Petroleum Corp (CNPC), is eager to start developing Arrow’s 5 trillion cubic feet (140 billion cubic meters) of gas in the Surat Basin in Queensland to turn around loss-making Arrow Energy, one of its key overseas assets.read more
Dubai — Oman and supermajor Shell have signed an interim deal to develop gas acreage in block 6 in 2019, according to an emailed statement from Shell.
The agreement covers investments in oil and gas and resources are to be used for domestic Omani projects. Petroleum Development Oman, Oman Oil Company and Total also signed the deal as partners.
The deal will integrate Shell and Oman Oil’s upstream project with a planned gas-to-liquids plant that Shell and Oman Oil will also co-develop.read more
Feb 20th, 2019
by John Donovan.
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FEBRUARY 20, 2019
SOFIA (Reuters) – Bulgaria has given permission to Royal Dutch Shell to transfer 20 percent of the rights to explore a block off its Black Sea coastline for gas and oil to Spain’s Repsol, the government said on Wednesday.
In December, Shell was allowed to transfer 30 percent of its drilling rights to Australia’s Woodside Energy.
The Balkan country contracted Shell for deepwater exploratory drilling in 2016 as part of its efforts to end its almost complete reliance on Russia’s natural gas supplies.read more
Feb 19th, 2019
by John Donovan.
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The UK Government last night refuted claims it has made a decision on whether to back Shell’s plans to leave large parts of three oil and gas platforms on the seabed.
Shell submitted plans in 2017 seeking permission to leave the giant legs of three of its four Brent platforms and some other infrastructure in the North Sea.
It has been reported that the Offshore Petroleum Regulator for Environment and Decommissioning (Opred) has given its support for Shell’s proposal, despite concerns over the marine environment.
However, a government spokeswoman last night said a “decision has not yet been made” on whether to back the plans.read more
London (CNN Business)Royal Dutch Shell is making a bet on home battery storage as it tries to boost its sustainable energy business.
The oil giant announced Friday that it has purchased Sonnen, a German startup that makes residential battery systems that store energy generated from solar panels.
The move puts Shell in direct competition with companies such as Samsung (SSNLF), LG (LPL) and Tesla (TSLA), which makes a home battery system called the Powerwall.read more
Countdown to LNG2019 as Shanghai gets ready to welcome delegates from around the world 20 Mar 2019 18:00 Asiatoday The LNG industry's most anticipated event will open in Shanghai in just two weeks’ time, offering LNG professionals from all over the globe a unique opportunity to learn, network and do business in the world's fastest growing LNG market. LNG2019 is …
Shell To Reduce Carbon Emissions By 2-3% Through 2021 19 Mar 2019 21:03 CleanTechnica March 19th, 2019 by Joshua S Hill
British-Dutch oil and gas company Royal Dutch Shell published its Annual Report for 2018 last week in which it also revealed the company’s first carbon emissions reduction target of between 2-3% by 2021.
Fossil fuel- …
Bonus and incentive plan almost double Shell CEO’s salary 15 Mar 2019 16:51 Business Day London — Royal Dutch Shell CEO Ben van Beurden saw his pay package more than double to €20.1m in 2018, mainly thanks to a bonus and an incentive plan for delivering on targets, the oil company said on Thursday.
It was the second highest pay on record for …
Shell Rebukes Trump & Doubles Down On Electricity 15 Mar 2019 15:48 CleanTechnica Clean Power
Published on March 15th, 2019 |
by Joshua S Hill
0
March 15th, 2019 by Joshua S Hill
British-Dutch oil major Royal Dutch Shell has made it clear this week that, at least publicly, it has no interest in doing business as usual, rebuking US …
Shell CEO bags €20m on bumper pay day 15 Mar 2019 00:38 Scotsman The boss of Royal Dutch Shell received a 126 per cent pay rise last year, pocketing €20.1 million (£17m) after higher oil prices boosted profits at the energy giant.
Chief executive Ben van Beurden saw his pay packet climb from €8.9m to more than €15m as …
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ROYAL DUTCH SHELL PLC FAT CAT CEO, BEN VAN BEURDEN, PAID $30 MILLION IN 2014
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SHELL PRELUDE TO DISASTER
The links below are to a series of articles, many triggered by a well-placed whistleblower directly involved in the pioneering Royal Dutch Shell Prelude project. Includes articles by Mr Bill Campbell above, the retired distinguished HSE Group Auditor of Shell International and another retired Shell guru with a track record of spotting potential pitfalls in major Shell projects.
The campaign waged on this website by John Donovan to persuade Edward Heerema to rename the worlds biggest ship, The Pieter Schelte - which he named after his late father, Pieter Schelte Heerema, a former Officer in the German Waffen-SS - has been successful. On Friday 6 February 2015, Allseas announced that it was changing the ships name, and on 9 February announced the new name - Pioneering Spirit.
GLOBAL NEWS COVERAGE: FEBRUARY 2010
MORE INFORMATION: Contact details for over 176,000 employees and contractors of Royal Dutch Shell reached John Donovan and some environmental and human rights groups, ostensibly from disaffected Shell staff calling for a “peaceful corporate revolution” at the company. The database, from Shell’s internal directory, contained names and telephone numbers for all the company’s work force worldwide, including some home numbers. It was supplied with a 170 page covering note, explaining that it was being circulated by “116 concerned employees of Shell dispersed throughout the USA, the UK, and the Netherlands”, to highlight the harm done by the company’s operations in Nigeria. John Donovan brought the leak to the attention of Shell. Tests proved that the data was authentic and he destroyed the database after being informed by Mr. Richard Wiseman, the then Chief Ethics & Compliance Officer of Royal Dutch Shell Plc, that the confidential information if publicly disclosed, could put Shell employees and contractors in real danger.
Whatever fig leaves they might be trying to use to hide the truth, Shell and Eni paid over $1bn to a company called Malabu for the OPL 245 licence. Even though the payment was channelled through the Nigerian government, it was clear that Shell knew that the ultimate beneficiary was Dan Etete, the former minister of petroleum. Etete is the owner of Malabu, to whom he awarded the licence when he was Nigerian Minister of Petroleum.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
MORE INFORMATION
Shell appeased and collaborated with the Nazis. The oil giant instructed its employees in the Netherlands to complete a form giving particulars about their descent, which for some, amounted to a self-declared death warrant. Shell used slave labor and was a close business partner in Germany of I.G. Farben, the notorious Nazi run chemical giant that also used slave labor and supplied the Zyklon-B gas used during the Holocaust to exterminate millions of people, including children. Shell continued the partnership with the Nazis in the years after the retirement of Sir Henri and even after his death. It was money generated on Shell forecourts around the world, profiteering from cartel oil prices, that funded the Nazi party and saved it from financial collapse. Evidence about Shell's Nazi connections can be found in extracts from "A History of Royal Dutch Shell" Volumes 1 and 2 authored by historians paid by Shell, who had unrestricted access to Shell archives. There are 67 pages in total, so takes some time to download.
Photograph (full size here) shows a Swastika flag flying at the head office of Royal Dutch Petroleum, 30 Carel van Bylandtlaan, The Hague, during the Nazi occupation of the in World War II (From Image Database Hague Municipal)
Sir Henri Deterding, the founder of the Royal Dutch Shell Group - known as "The Most Powerful Man in the World" - who became an ardent Nazi and financial supporter of Hitler and the Nazi party.
Reading between the lines in various legal documents, it seems that the allegations are that after the technology in question had been disclosed to a Shell company in the USA, the information was passed to Shell in the Netherlands in breach of confidentiality. And Royal Dutch Shell subsequently exploited the technology without payment or credit to the company holding the rights; Newton Research Partners. The inference seems to be that Twister B.V. was founded by Shell partly on trade secrets stolen from Bloom/Newton.
DISCLAIMER: This is not a Shell website nor is it officially endorsed by or affiliated with Royal Dutch Shell Plc. Originally co-founded by the late Alfred Donovan and his son John, it is now operated by John, Shell's "No.1 Enemy", aided by an expert team, with invaluable support from retired Shell senior executives and officials as guest contributors and leaked information from Shell insiders. (JOHN DONOVAN, WEBSITE OWNER) For nearly a decade, we have operated globally under the Royal Dutch Shell Plc top level domain name, dealing on Shell’s reluctant behalf with job applications, business proposals, Shell pension enquiries, shareholder enquiries, complaints, invitations to speak at conferences, an approach from the Dutch Defence Ministry and even terrorist threats. All meant for Shell. Prospect magazine has aptly described this website as being:"An open wound for Shell": WIPO proceedings by Shell to seize the domain name failed. NO SUBSCRIPTION CHARGES: All of our watchdog activities monitoring Royal Dutch Shell, including operating this website, are carried out on a non-profit basis. Any advertising revenues generated are used to recover and/or defray operational costs. We are a news aggregator and original content website. All information is available free for educational and research purposes. SHELL TACIT ENDORSEMENT: WHAT A WELL INFORMED SHELL OFFICIAL SAID ABOUT US:
"John and Alfred Donovan well known in UK/Hague. They perceive Shell played them and so have made it their mission to embarrass,belittle and criticize Shell, which they do quite well. Their website, royaldutchshellplc.com is an excellent source of group news and comment and I recommend it far above what our own group internal comms puts out."
WARNING TO SHELL EMPLOYEES: Shell Global Affairs Security "CAS") is spying on Shell employees globally trying to trace who is visiting, posting, or leaking information to this website from Shell premises. Threats, including death threats, have allegedly been made against conscience driven Shell whistleblowers supplying us with information. The worlds biggest leak of employee details as part of a claimed corporate revolution by 116 Shell employees, suggest the espionage operation, threats and draconian litigation have not been entirely successful in cutting off the supply of information to this website. The insider leaks had already cost Shell billions on the Sakhalin Energy project and the loss of SEIC Deputy Chairman, David Greer. We publish our own carefully researched articles about Shell e.g. "How Royal Dutch Shell saved Hitler and the Nazi Party". MEDIA COVERAGE: Prospect Magazine, The Sunday Times, and The Guardian, have all published major articles about us: "Rise of the Gripe Site";"Two men and a website mount vendetta against Shell' and "92-year-old's website leaves oil giant Shell-shocked”. SHELL PETROL STATION images displayed in the website header panel are licensed under the GNU Free Documentation License.
COPYRIGHT NOTICE: Information on copyright issues here.
John Donovan can be contacted at [email protected]
SHELL’S $500,000 WEDDING GIFT TO CORRUPT BRUNEI ROYAL FAMILY
EXTRACT FROM ASIAN JOURNAL ARTICLE IN LIST OF LINKS BELOW: "Fireworks will light up the sky for three nights. The local unit of oil giant Royal Dutch Shell has donated 500,000 Brunei dollars (US$292,400; euro 243,700) for the display, and for cultural events to be hosted by popular performers from Malaysia."
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:
THIS IS WHAT IT SAID:
Subject: This could be the most important whistleblower email you have ever received.
Some unfortunate Royal Dutch Shell workers have already lost their lives. More lives are at stake.
My name is Bill Campbell. I am a former Group Auditor of Shell International. I am writing to you on a matter of conscience in an effort to avert the inevitability of another major accident in the North Sea. The consequences could potentially impact on families in many constituencies, including your own.
As Royal Dutch Shell and the Health & Safety Executive would acknowledge, I am an expert on safety matters relating to offshore oil and gas platforms. In 1999, I was appointed by Shell to lead a safety audit on the Brent Bravo platform. The audit revealed a platform management culture that basically gave a higher priority to production than the safety of Shell employees. To our astonishment we discovered that a "Touch F*** All" policy was in place. Worse still, safety records were routinely falsified and repairs bodged.
I personally brought the shocking situation to the attention of senior management including Malcolm Brinded, the then Managing Director of Shell Exploration & Production. I revealed that ESDV leak-off tests were purposely falsified, not once but many times and that Brent Bravo platform management had admitted responsibility for the dangerous practices being followed. In response to my team ringing alarm bells, management pledged to rectify the serious problems which had been uncovered.
When I later complained that the pledges were not being kept, I was removed from my oversight function.
Four years later, a massive gas leak occurred on the platform. Two workers lost their lives. I have no doubt at all that the inaction of the relevant Asset Manager, the General Manager, the Oil Director and Malcolm Brinded, contributed in some part to the unlawful killing of two persons on Brent Bravo in September 2003.
Shell subsequently pleaded guilty to breaches of the HSE regulations and a record-breaking £900,000 fine was imposed. I thought this would bring about a real change in policy to put the emphasis on safety.
Unfortunately I was wrong. Although I supplied the evidence related to 1999, and the fact that there had been a collapse in controls of integrity from 1999 to 2003 on all 16 of Shell's North Sea offshore installations covered in a post fatality integrity review to the HSE for review by the Procurator Fiscal, none of this evidence was presented before the Sheriff at the subsequent Inquiry. The situation is explained in a letter to the Procurator Fiscal and the Sheriff (on 24th February 2007).
Shell management has engaged in spin to try to pretend that it is getting to grips with its safety problem. However, its atrocious safety record - the worst in the North Sea in terms of accidental deaths and absolute number of enforcement actions – tells a different story. This fact has resulted in a number of newspaper articles.
I have had meetings with senior Shell people including its CEO Mr. Jeroen van der Veer. I regret to say that I have found him to be economical with the truth. He prefers to support cover-up and deceit rather than confronting the underlying problems. Brinded is now Executive Director of Shell Exploration & Production. He believes in burying evidence.
My family and friends would probably prefer me to give up on this matter and enjoy my retirement after so many years working for Shell.
However, by writing to every MP in the UK, no one can ever say that I did not do my best to avert an inevitable further major accident event in the North Sea. When it happens (I pray that I am wrong) I will make this warning communication available to the media together with the vast amount of evidence in my possession.
At least my conscience is clear. I have done everything possible to ring the alarm bells about Shell management and its unscrupulous attitude to the safety of its employees.
Yours sincerely
Bill Campbell
ENDS
(Malcolm Brinded and Jeroen van der Veer are no longer with Shell. The Oil Director referred to in the email is Chris Finlayson, who left Shell to become Chief Executive of British Gas before being fired - his photo immediately below)
SIR PHILIP WATTS, THE GROUP CHAIRMAN OF ROYAL DUTCH SHELL GROUP, FORCED TO RESIGN IN 2004
Shell’s reputation was destroyed in 2004 after FIVE consecutive cuts to its hydrocarbon reserves covering 55% of its total reserves. US and UK financial regulators imposed $150 million in fines on Shell for securities fraud. Shell was also rocked by class action lawsuits. Sir Philip Watts
and Walter van de Vijver (whose headcut images appear courtesy of The Wall Street Journal) were among the Shell executives forced to resign. More details at the foot of this column.
MORE DETAILS: The Shell reserves scandal brought about
the end of the Royal Dutch Shell Group in its original form as an Anglo-Dutch partnership.
Shell Transport & Trading Co and Royal Dutch Petroleum were unified into a single Dutch owned company - Royal Dutch Shell Plc.
Sir Philip turned to religion and is now a very wealthy priest after receiving a payoff/pension package from Shell reportedly worth $18.5 million. Walter van de Vijver in contrast was the victim of a sadistic sacking by his Shell senior management backstabbing colleagues.
Displayed below are some of the spectacular promotional campaigns my company Don Marketing created for Shell in the 1980s and 1990s. This was before the series of SIX high court actions we brought against Shell for stealing ideas (4) and for defamation (2) - all settled by Shell. This website is a permanent response by me to the malicious underhand tactics, including treachery, espionage and intimidation, used by Shell during and after the bouts of litigation. More information is printed at the foot of this column.
MORE DETAILS: After a solicitor acting for Shell threatened to make the litigation "drawn out and difficult" with the intention of draining the resources of a financially weaker opponent, my late father (Alfred Donovan) and I decided to mount a wide-ranging campaign as a counter-measure. We jointly founded the Shell Corporate Conscience Pressure Group, which nearly 15% of Shell UK retailers joined. We regularly conducted ethical surveys involving up to 1500 Shell petrol stations. All responses were opened and authenticated by an independent solicitor who supplied Affidavits confirming the results. In whole page announcements in trade magazines (examples above) we challenged Shell to commission and publish the resuits of independent research asking the same questions and offering respondents GUARANTEED anonymity. Shell never took up the invitation. Instead it asked the UK Advertising Standards Authority to investigate our Shell surveys. No problems were found. The head-cut image of Alfred Donovan appears courtesy of The Wall Street Journal.
SHELL CONTROVERSIES
selection of memorable warnings/articles/images associated with the controversial track record of Royal Dutch Shell.
WARNING: DO NOT DISCLOSE YOUR IDEAS TO SHELL GameChanger OR SHELL Ideas360 WITHOUT TAKING EVERY POSSIBLE PRECAUTION. Shell management has ample funds to pay for intellectual property but prefers to steal it from small businesses and in our experience, gives its full backing to dishonest managers willing to do its bidding. We have sued Shell repeatedly in the High Court for the theft of our Intellectual Property. It is doubtful if anyone can match our dire experience in dealing with this ruthless unscrupulous serial poacher of other parties ideas. Expect threats, legal machinations and sinister action from Shell and its spooks if you object to having your ideas stolen.
Some years ago extensive documentary evidence was brought to the attention of Malcolm Brinded above, when he was Chairman of Shell UK, proving beyond any doubt that Shell executives had conspired to rig a tender for a major contract. A number of innocent firms were deliberately lured into signing confidentiality agreements and disclosing Intellectual Property to Shell under false pretences, in a carefully contrived plot. The firm which was awarded the contract never took part in the tender. One objective of the Machiavellian plan was to stop/delay IP trade secrets owned by the participants in the tender from being disclosed to Shell's rivals. This was achieved by outright deception, without paying a cent to the firms involved, who wrongly believed they were participating in an honest tender. Instead of sacking the ring leader, AJL - who had a personal relationship with the firm which miraculously won the race in which it never ran - Shell senior directors, including Brinded, gave AJL their full backing. Some of the Shell executives involved, including for example, Tim Hannagan, still hold high positions inside Shell - in his case, Global Brand and Visual Identity Manager. If Shell does not accept that this is a true, provable account of what happened, then it should sue for libel. How on earth is such predatory conduct compatible with Shell's claimed business principles?
Exxon Mobil Corp., Royal Dutch Shell, Chevron, Total and BP together have spent more than $1 billion on public relations since the Paris Agreement.
Mar. 21, 2019 12:07 PM ET
Royal Dutch Shell (
Enerkem already have a successful waste-to-chemicals plant operating in Edmonton, Canada: Photo: Curtis Trent/Enerkem
By 
Published by 
natural gas producer – Shell CEO
By 
Shell sets its first carbon reduction targets on output, consumption
AMSTERDAM, March 13 (Reuters) – Royal Dutch Shell has teamed up with energy company Eneco and builder Van Oord in a bid to build two wind farms in the Dutch part of the North Sea, the companies said on Wednesday.
The agreement was signed by Maarten Wetselaar, Shell’s Director of Integrated Gas and New Energies together with Harib Al Kitani, CEO of Oman LNG in the presence of Ben van Beurden, CEO of Royal Dutch Shell.
OSLO (Reuters) – Royal Dutch Shell aims to boost output and recoverable reserves from its Ormen Lange gas field off Norway by installing subsea compressors, the head of its Norwegian operations said on Wednesday.
By 
Written by 
* Shell upstream boss Brown sees ‘no merit’ in tax claim
By 
By 
FEBRUARY 25, 2019 / 6:50 AM
FILE PHOTO: A view shows the Bonny oil terminal in the Niger delta which is operated by Royal Dutch Shell in Port Harcourt, Nigeria August 1, 2018. REUTERS/Ron Bousso/File Photo
Head-cut image of Alfred Donovan appears courtesy of The Wall Street Journal.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
