TORONTO (Reuters) – Canadian Prime Minister Justin Trudeau on Monday called for a peaceful solution to end rail blockades by indigenous rights groups protesting the construction of a natural gas pipeline.
Indigenous communities across Canada have blocked key rail lines for nearly two weeks to oppose construction of the Coastal GasLink pipeline in British Columbia, which has forced Canada’s biggest railroad, Canadian National Railway Co, to shut operations in eastern Canada.
Trudeau, who called off a planned Barbados trip to resolve the escalating pipeline protests, told his top cabinet ministers that this “urgent situation needs to be approached in a way that builds trust and respect toward an immediate resolution with all parties.”read more
Royal Dutch Shell has thrown its weight behind a Chinese-backed energy storage venture building what is claimed to be Europe’s largest battery in Wiltshire.
The Anglo-Dutch energy group will use a 100-megawatt battery near the village of Minety to provide back-up electricity to the National Grid when supplies of wind and solar power dip. The battery can be charged when electricity is cheap and then discharged at peak times when prices are high.
The project has been bankrolled by CNIC, the Chinese investment fund, and China Huaneng Group, a state utility company that is also constructing the battery.read more
At the close of Egypt’s Red Sea bidding round, it is clear that international oil companies see opportunity in the country, and its growth is just beginning to swell. Egypt awarded Shell, Mubadala, and Chevron exploration rights in the Red Sea. Chevron and Shell each won one block, and a third block was awarded to Shell and Mubadala.
The three concessions cover a combined 10,000sqkm, and will require a minimum investment of $326mn. The licensing round started in February, following Egypt’s gas boom in multiple regions. The Red Sea bidding round included ten exploration blocks, each approximately 3,000sqkm. Saudi Arabia has also discovered large amounts of gas in the Red Sea, and is planning to conduct feasibility studies. It will use its autonomous subsea seismic acquisition fleet for its Red Sea exploration efforts, which are expected to intensify in the next two years.read more
WINNIPEG, Manitoba (Reuters) – Protests broke out in many parts of Canada over the past week, triggered by arrests of dozens of protesters on traditional indigenous land along a route for TC Energy Corp’s (TRP.TO) planned Coastal GasLink pipeline.
The demonstrations have disrupted freight and passenger rail and Canadian Prime Minister Justin Trudeau on Wednesday urged protesters to find a quick solution.
WHAT ARE THE PROTESTS ABOUT?
The flashpoint was police arrests that started last week in northern British Columbia of protesters who oppose the pipeline’s construction on traditional land of the Wet’suwet’en indigenous people.read more
Shell Australia describes the facility as its “first large-scale solar farm”.
Queensland chosen as the project’s location because of reliable sunshine.
Shell Australia is set to construct and operate a solar farm made up of around 400,000 photovoltaic panels in the state of Queensland.
In an announcement Friday, Shell Australia described the facility as its “first large-scale solar farm” and said it would have a capacity of 120 megawatts.
Work on the project is set to finish in 2021, with Shell Australia saying up to 200 new jobs will be created during the construction phase.
Queensland was chosen as the project’s location because it had “some of the most reliable sunshine in the world”, the company added. The solar farm will help to power operations at the QGC onshore natural gas project and cut carbon dioxide emissions by an estimated 300,000 tonnes a year.read more
North Sea firms must dig deeper into the talent pool to find “unicorns” within the workforce, a Shell plant boss warned yesterday.
Teresa Waddington, natural gas liquids plant manager for Shell in Fife, said operators and contractors wanting to be diverse and inclusive should target people who might not ordinarily apply and were currently “invisible” to employers.
She called on the north-east oil and gas sector to “redress the balance and really champion diversity”.
She added: “As a manager I write a job description for a unicorn and then I pick from a stable of horses – that’s the reality of it.
“A lot of people count themselves out when they don’t meet the unicorn job description in the first place.read more
Royal Dutch Shell Plc will build its first large-scale solar farm as part of its plan to expand into power generation.
Shell, which has set itself a goal to become the world’s top electricity producer by 2030, expects to complete the plant in Queensland, Australia, early next year. The facility will indirectly supply the company’s QGC liquefied natural gas export facility, reducing that project’s carbon footprint.
“Solar is one of the building blocks of Shell’s power strategy,” said Greg Joiner, Vice-President for Shell Energy in Australia. “We are increasingly incorporating renewable energy into customer offers, as we have done here for QGC.”read more
Liquefied natural gas is selling at the lowest price on record in Asia, a troubling sign for U.S. energy producers who have relied on overseas shipments of shale gas amid a weak domestic market.
Asian LNG prices fell to $3/MMBtu today, plunging from above $5/MMBtu as recently as Jan. 15, as a glut in the commodity spreads from the U.S. all over the globe.
“The fundamentals were already really weak” even before the coronavirus outbreak stalled economic activity in China, says Ira Joseph, head of gas and power analytics at S&P Global Platts. “The whole market is really oversupplied.”read more
LONDON (Reuters) – Royal Dutch Shell said on Thursday it is planning a major maintenance turnaround at its Pernis oil refinery in the Netherlands starting on May 4.
A video posted on the company’s Dutch website said the major maintenance will take place in May and June and involve cleaning towers and heat exchangers as well as replacing others.
The major maintenance means Shell will not have to do another maintenance of the same scale for another 3 to 6 years at the refinery, which is Europe’s largest with a capacity to process 404,000 barrels per day of crude.read more
NEW YORK, Feb 5 (Reuters) – Royal Dutch Shell has banned business travel to and from China’s Hubei province due to the coronavirus, the company said in a statement.
Shell has restricted non-essential business travel to mainland China, Hong Kong, Macau and Taiwan.
(Reuters) – Royal Dutch Shell, which plans billions of dollars in spending on shale drilling projects, boosted output in the top U.S. shale field to 250,000 barrels per day in December, the company’s Permian Basin head said on Wednesday.
Shell plans to spend about $3 billion per year for the next five years on shale projects, said Amir Gerges, vice president of Permian assets for Shell, at the Argus Americas Crude Summit in Houston. Its Permian Basin production rose more than 100,000 barrels per day in the last year.read more
NEW YORK, Feb 5 (Reuters) – Royal Dutch Shell has banned business travel to and from China’s Hubei province due to the coronavirus, the company said in a statement.
Shell has restricted non-essential business travel to mainland China, Hong Kong, Macau and Taiwan.
MARTINEZ, Calif. – After 105 years of Shell ownership, the Martinez Refining Co., LLC is, as of Saturday, the new owner of the refinery on the Carquinez Strait just west of Interstate Highway 680.
PBF Energy Inc., headquartered in New Jersey, will now operate the facility under the name Martinez Refining Co. LLC, and the $1 billion acquisition became official Saturday. The deal was struck in mid-2019.
The Martinez refinery employs approximately 700 people. It produces gasoline, jet fuel, diesel fuel, petroleum coke, industrial fuel oils, liquefied petroleum gas, asphalt and sulfur. It also has a “coker” unit for processing heavy crude.read more
Equinor (NYSE:EQNR) and partner Royal Dutch Shell (RDS.A, RDS.B) say they have paid a combined $355M to jointly acquire Schlumberger’s (NYSE:SLB) 49% interest in Argentina’s onshore Bandurria Sur block.
Each partner bought a 24.5% interest in the block that covers ~56K gross acres in the central area of the Vaca Muerta play.
The two companies also reached a preliminary agreement with 51%-owner YPF to acquire an additional 11% interest, which would give Equinor and Shell each a 30% non-operated interest and YPF owning 40% interest and continuing as operator.read more
Feb 1st, 2020
by John Donovan.
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ROYAL Dutch Shell boss Ben van Beurden has said he sees no reason for the oil giant to curb investment in the North Sea amid concern about climate change insisting it has a key role to play in tackling the problem.
The Anglo-Dutch firm has come under attack from climate change campaigners who have disrupted operations off Scotland and blockaded the company’s North Sea headquarters in Aberdeen.
However, Mr van Beurden said the transition to net zero carbon emissions could not be achieved without the expertise of oil and gas giants such as Shell.
The company reckons it can support the development of clean energy systems while helping reduce emissions associated with the production and consumption of oil and gas that will be required to meet the needs of consumers and industry.read more
HOUSTON, Feb. 1, 2020 /PRNewswire/ — Equilon Enterprises LLC d/b/a Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell plc announced today that it has formally closed on the sale of Shell’s Martinez Refinery in California to PBF Holding Company LLC (PBF), a subsidiary of PBF Energy, Inc., in exchange for $1.2 billion which includes the refinery and inventory. The deal also includes crude oil supply and product offtake agreements, and other adjustments.read more
Net income attributable to shareholders on a current cost of supplies (CCS) basis and excluding identified items, used as a proxy for net profit, came in at $16.462 billion for full-year 2019.
That compared with a profit of $21.404 billion for full-year 2018, reflecting a year-on-year drop of 23%.
The Anglo-Dutch energy giant warned last month that it would book additional charges against its income in the fourth quarter.
Oil giant Royal Dutch Shellreported a sharp fall in full-year net profit on Thursday, citing challenging macroeconomic conditions and lower oil and gas prices.
Net income attributable to shareholders on a current cost of supplies (CCS) basis and excluding identified items, which is used as a proxy for net profit, came in at $16.462 billion for the full-year 2019. That compared with a profit of $21.404 billion for full-year 2018, reflecting a year-on-year drop of 23%.
Analysts had expected full-year 2019 net income attributable to shareholders on a CCS basis, and excluding identified items, to come in at $17.770 billion, according to data from Refinitiv.read more
Participants in a Shell Oil Co. 401(k) plan sued the company and plan fiduciaries alleging multiple violations of their fiduciary duties for selecting investment options, monitoring the plan, setting fees and dealing with the plan’s record keeper.
The participants also sued the record keeper, Fidelity Investments, plus its parent company, FMR LLC, and several other Fidelity units, claiming that Fidelity also violated guidelines outlined in the Employee Income Retirement Security Act. They accused Fidelity of exploiting its role as a record keeper to cross-sell products to participants that weren’t part of the Shell DC plan.read more
Jan 29th, 2020
by John Donovan.
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| Source: Royal Dutch Shell
ROYAL DUTCH SHELL PLC
DIRECTOR CHANGES, APPOINTMENT OF DEPUTY CHAIR AND SENIOR INDEPENDENT DIRECTOR AND BOARD COMMITTEE CHANGES
Royal Dutch Shell plc (the “Company”) announces the following:
DIRECTOR CHANGE
Linda Stuntz, Non-executive Director, and Gerard Kleisterlee, Deputy Chair and Senior Independent Director, will not stand for re-election as Directors of the Company at the 2020 Annual General Meeting (AGM), having served as Directors for nine years.read more
Jan 29th, 2020
by John Donovan.
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JANUARY 29, 2020
Yusuf Alli, Managing Editor, Abuja
THE Economic and Financial Crimes Commission (EFCC) has asked the High Court of the Federal Capital Territory for a warrant of arrest to enable it extradite a former Minister of Petroleum Resources, Dauzia Loya (Dan) Etete and two others.
The others are Munamuna Seidougha and Amaran Joseph.
The anti-graft agency has preferred charges against the three suspects before the High Court over the $1.09billion Malabu Oil Block (OPL 245) Settlement Agreement.
The EFCC alleged that Rasky Gbinigie, Munamuna Seidougha (at large), Amaran Joseph sometime in 2013, in Abuja “dishonestly used as genuine the forged form CAC 7 and Board Resolution of Malabu Oil and Gas Limited and the letter of resignation of one Mohammed Sani, which they then knew to be forged documents, to open a bank account No. 2018288005 to receive $401,540,000.00 .read more
Jan 24th, 2020
by John Donovan.
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January 24, 2020 12:10 PM: Source: WBRZ: By: WBRZ Staf
GEISMAR – An incident involving hazardous materials has prompted law enforcement to close off multiple intersections near a chemical plant in Ascension Parish.
The sheriff’s office says a situation at the Shell plant along LA 75 prompted them to shut down several roadways nearby. The department says the closures are precautionary, and there appears to be no off-site impact at this time.
A Shell spokesperson response stemmed from a hydrocarbon leak that was first noticed around 8 a.m. The plant’s deluge system was activated to reduce the vapors and a response team was immediately dispatched.read more
Shell says that it has successfully made “high-end” chemicals using a liquid feedstock made from plastic waste using a pyrolysis process that is considered a breakthrough for hard-to-recycle plastics. The initiative advances Shell’s ambition to use one million tonnes of plastic waste a year in its global chemical plants by 2025.
Atlanta-based Nexus Fuels LLC recently supplied its first cargo of pyrolysis liquid to Shell’s chemical plant in Norco, Louisiana, where it was made into chemicals that are the raw materials for everyday items. Shell Chemicals manufactures ethylene, propylene, and butadiene at the site.read more
Jan 21st, 2020
by John Donovan.
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Nord Stream 2 Pins Hope on Germany to Clear EU Gas Rule Hurdle
Brian Parkin: Jan 21 2020, 9:30 AM
(Bloomberg) — Nord Stream 2 expects regulators to decide by May whether its contested natural gas pipeline linking Germany to Russia will be able to operate as planned.
Already suffering U.S. sanctions, the project led by Gazprom PJSC is pinning its hopes on Germany’s Bnetza regulator to help it clear hurdles erected by European Union competition authorities.
The consortium is being financed by Royal Dutch Shell Plc; Uniper SE and Wintershall AG in Germany; France’s Engie SA; and Austria’s OMV AG.read more
The unusually large streak of fire visible recently in the sky over St. Charles Parish should be gone within the next few days, according to a spokesman for Shell Oil Co.
For more than a week, the company’s Shell Norco complex has been in a state of “elevated flaring,” creating what at times has been a flare over its facility large enough that it can be seen for miles.
Shell has said the flaring — which can also be accompanied by loud rumbling noises — was necessary after the complex experienced a series of power dips as a line of storms moved through the area on Jan. 11.read more
Royal Dutch Shell, to give it its full name, has more than 80,000 employees spread across the globe. A large chunk of that workforce is based here in Asia, an exciting and rapidly-growing collection of markets for Shell. Singapore is the regional headquarters for the oil company and Leslie Hayward is its head of HR.
Hayward oversees a region for Shell that employs around 13,000 people, and that’s excluding the huge markets of India and China. It’s a role he’s held for eight years, although he’s been working in HR at Shell for 30 years. He has two portfolios – Singapore and the region. The ‘’region’’ isn’t the typical APAC but covers Pakistan to Japan excluding India and China. Across this region, he manages about 90 people within various HR teams. In Singapore, he oversees 3,000 employees spread across in its west Singapore headquarters, and its plants in Bukom, Jurong Island and Tuas and terminal in Pandan.read more
Jan 20th, 2020
by John Donovan.
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Research into the geothermal port of Rotterdam is entering the next phase, as reported by the Port of Rotterdam Authority.
Shell Geothermal BV and the Port of Rotterdam Authority are jointly investigating the options for geothermal energy in the western part of the port of Rotterdam. The two companies have received an exploration permit from the Ministry of Economic Affairs.
In recent years, the subsurface has been well mapped out, partly as part of the UDG green deal. Obtaining the exploration permit means that Shell and the Port Authority will have time in the coming years to further develop their plan with the aim of developing geothermal heat projects in the western part of the port. Over the next two years, the emphasis will be on making agreements with potential geothermal energy buyers, working out the costs, determining a possible location for a test drilling and figuring out what the infrastructure can look like. It is also essential that geothermal heat can compete with energy from other sources. For the time being, doing a (test) drilling is not yet an issue.read more
Jan 18th, 2020
by John Donovan.
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HOUSTON — Shell Oil Co. is launching a nationwide in-vehicle payment platform. Shell-branded gas stations across the United States will now accept payment through Uconnect Market, Fiat Chrysler Automobiles’ (FCA) new in-vehicle commerce platform.
This makes Shell the only vendor in Uconnect Market that allows consumers to find the nearest gas station, purchase fuel and services and save money on Shell fuel purchases from the comfort of their vehicles, the company said.
Customers who fuel eligible Chrysler, Dodge, Jeep and Ram brand vehicles at participating Shell stations will be able to use Shell Pay & Save within Uconnect Market to pay for their fuel directly from their in-vehicle touchscreens, earn and redeem valuable Fuel Rewards savings and quickly get back on the road.read more
Jan 17th, 2020
by John Donovan.
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JANUARY 17, 2020
MOSCOW (Reuters) – Gazprom Neft, Russia’s third largest oil producer, believes Moscow’s cooperation with OPEC on output will continue into the long term, Deputy Chief Executive Vadim Yakovlev told reporters on Friday.
He praised the decision by OPEC and non-OPEC nations, a group known as OPEC+, to exclude Russian gas condensate from Moscow’s quotas under their latest agreement to curb output, a move that allows Gazprom Neft to expand its condensate production.read more
Jan 17th, 2020
by John Donovan.
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At a service station just outside Gatwick, Royal Dutch Shell is experimenting with an alternative vision of the green motoring future. Beyond the main forecourt, where cars queue for petrol and diesel, lies another, smaller canopy that houses one of Britain’s first hydrogen refuelling pumps. While electric vehicles dominate the discussion about decarbonising transport, the term has become synonymous with batteries that must be plugged in and recharged.
Yet a significant number of heavyweight players — from carmakers such as Toyota, oil giants such as Shell and miners including Anglo American — are continuing to make a case for another type of electric vehicle, powered not by batteries but hydrogen.read more
Jan 17th, 2020
by John Donovan.
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JANUARY 17, 2020
MOSCOW (Reuters) – Shell and Russia’s Gazprom Neft have expanded their Russian joint venture by acquiring a license for exploration and production of conventional hydrocarbon reserves in West Siberia, the two companies said on Friday.
The JV, Salym Petroleum Development (SPD), will get the Salymsky 2 block in the Khanty Mansiisk Autonomous Region.
There are no field-specific infrastructure facilities at the site, the companies said.
“However, close proximity to the areas which are being developed by SPD will have a synergistic effect, allowing efficient use of the existing SPD production facilities,” they said.read more
Jan 16th, 2020
by John Donovan.
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Lucinda Cameron | 16th January 2020
Extinction Rebellion: The more successful fossil fuel companies like Shell are, the worse our future is going to be.
Climate change activists have blocked the entrance to the headquarters of oil giant Shell in Aberdeen.
Extinction Rebellion Scotland members began their protest at the premises on Altens Farm Road at 6.30am on Thursday and said they plan to stay there all day.
The group say they have secured the entrances with lock-on equipment and the main entrance with XR Scotland’s big purple boat, named Amal Gous.
Harm
They said they plan to shut the building down to disrupt business and hold Shell to account for its role in the climate crisis.read more
Jan 16th, 2020
by John Donovan.
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BEIJING/GUANGZHOU, Jan 16 (Reuters) – Royal Dutch Shell signed a memorandum of understanding (MoU) with China National Offshore Oil Corp (CNOOC) to build its first commercial-scale polycarbonate production plant in southern city of Huizhou in China.
Polycarbonate is a transparent and impact-resistant polymer, widely used to make vehicle headlights and LED spotlights.
“(Huizhou city government) is in touch with Shell and CNOOC for detailed investment and production plans,” said Liu Ji, mayor of Huizhou, on the sideline of a conference in Guangzhou on Thursday.read more
Partnership with regenerative agriculture enlists grassfed livestock to turn the dirt under solar panels and the surrounding land into a carbon sink
BLUFFTON, Ga., Jan. 15, 2020 /PRNewswire/ — What if renewable energy was not just sustainable but was also regenerative? This is the goal of a partnership between White Oak Pastures and Silicon Ranch Corporation, one of the nation’s largest independent solar power producers and the U.S. solar platform for Shell. In 2020 alone, this partnership will bring holistic planned livestock grazing and regenerative land management practices to nearly 2,400 solar farm acres in Southwest Georgia to create carbon sinks, restore biodiversity and soil health, and add to the environmental, social, and economic benefits of these clean energy projects.read more
Jan 14th, 2020
by John Donovan.
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Shell thinks aviation fuel will be one of the critical growth areas to explore, as ground vehicle transportation fuel and other segments are expected to decline over time. One of these expected growth segments will be sustainable aviation fuel (SAF), where a project with Lufthansa and World Energy is starting up in California.
Shell Aviation and Boston-based World Energy will help Lufthansa meet carbon emissions reduction targets by supplying the SAF on three routes operated by Deutsche Lufthansa and Swiss International Air Lines from San Francisco International Airport (SFO) to Frankfurt, Munich, and Zurich. The project is expected to supply up to one million gallons of SAF to Lufthansa over the duration of the agreement.read more
LAS VEGAS — Daimler, the world’s largest truck manufacturer, could commercialize a hydrogen-powered city bus in the next two to three years, r&d boss Markus Schäfer told reporters at CES last week.
While electrification is sweeping the passenger-car side of the industry, fuel cells are a more promising option for larger vehicles because they have better energy density than battery-electric vehicles.
Lithium ion battery chemistry currently struggles to deliver the range long-haul trucks require, Schäfer said.read more
Mark Gainsborough, Executive Vice President at Shell New Energies, has revealed that he is stepping down from his role after being involved with the company for 39 years. Gainsborough is to be replaced from 1st April by Elisabeth Brinton, who has been serving as Global VP Strategy & Portfolio for Shell New Energies.
Mark Gainsborough commented on LinkedIn: “It is time for a transition of a different kind! After an amazing 39 years with Shell and almost four years leading our New Energies business, I will end my Shell career later this year. I’m looking forward to contributing to the energy transition in new ways in the next few years. Congratulations to Elisabeth Brinton, who takes the reins from April 1st, and a huge thank you to everyone for all we have achieved together.”read more
Jan 10th, 2020
by John Donovan.
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Jessica Resnick-Ault, Laura Sanicola: 10 JANUARY 2020
NEW YORK (Reuters) – From coast to coast, U.S. refineries are available for the taking, but nobody is buying.
With the news that Royal Dutch Shell Plc is looking to unload its Anacortes, Washington, facility, there are seven different U.S. refineries on the block now, accounting for about 5% of U.S. crude oil processing capacity, according to data compiled by Reuters.
Even with U.S. energy production at an all-time record, these properties, located from Washington state to Pennsylvania, are having trouble finding bidders because of unfavorable locales, worries about falling margins, and the coming restart of nearby facilities in the Caribbean that will add to competition, bankers and analysts said.read more
Jan 8th, 2020
by John Donovan.
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Shell pays £0 corporation tax and plans huge hike in fossil output
Michael Johnson, Leeds Socialist Party:
Faced with increasing scrutiny worldwide, oil giant Shell has revealed it paid no UK corporation tax in 2018. This is despite Shell also earning nearly £557 million in pre-tax profits in the UK over that year, with global pre-tax profits being $35.6 billion.
This has come about due to Shell receiving huge tax refunds for decommissioning its North Sea oil platforms. To help balance the expenses of plugging and abandoning their (highly profitable) oil wells and removing their equipment, the government lets energy companies deduct costs from their taxable profits or claim back tax they had previously paid!read more
Jan 8th, 2020
by John Donovan.
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Rod Nickel: JAN 7, 2020
Jan 7 (Reuters) – Construction of the C$6.6-billion Coastal GasLink pipeline in western Canada resumed on Tuesday, after an indigenous group that opposes the project had ordered its workers off their territory.
Coastal GasLink, to be operated by TC Energy Corp, will move gas from northeast British Columbia to the Pacific Coast, where the Royal Dutch Shell-led LNG Canada export facility is under construction.
While less contentious than oil pipelines, Coastal GasLink faces opposition from some leaders of the Wet’suwet’en people, who say the project interferes with their hunting and trapping rights.read more
Climate activists have boarded a gas mining rig in Dundee in an attempt to stop it from heading out to the North Sea.
Extinction Rebellion (XR) Scotland has said three of its members had climbed aboard the Valaris 122 rig and intended to there for as long as possible to prevent it from operating.
The environmental group added that the trio had taken all necessary safety precautions and informed police of their “peaceful occupation”.read more
Jan 6th, 2020
by John Donovan.
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Zacks Equity Research: January 6, 2020
Royal Dutch Shell RDS.A along with another supermajor Chevron Corporation CVX and a state-owned entity Mubadala Petroleum clinched oil and gas exploration concessions in Egypt’s Red Sea. In its first ever round of licensing in the Red Sea, Egypt awarded Block 1 and Block 2 to Chevron and Shell, respectively. The third block was jointly conferred on Shell and Abu Dhabi’s Mubadala Petroleum.
The exploration concession wins were in line with Shell’s growth commitment to cement its position offshore Egypt, mainly in the marine concession and deep-water regions, thereby supporting the government’s energy hub vision and increasing the LNG value chain.read more
Power Hedge: Macro, energy, alternative energy, contrarian
Summary
Shell Midstream’s performance was similar to what it had seen last quarter, although Hurricane Barry had a negative impact because of the shutdowns it caused.
The company’s onshore pipelines continue to perform well, with Zydeco a very notable example.
There is some very real growth potential offshore as Shell ramps up Appomattox and other companies in the region do the same and pump oil into the Mars pipeline.
The company generated an adequate distribution coverage, although it was not as high in this quarter as I would normally like to see.
The financial structure is still concerning, as it does not have sufficient assets to cover its debt.
Dec 31st, 2019
by John Donovan.
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Royal Dutch Shell is officially moving out of the gassy Haynesville shale after selling its last package of acreage to a private Houston firm.
Houston-based Castleton Resources, which primarily focuses on the Haynesville in East Texas and Louisiana, will scoop up about 55,000 net acres from Shell that’s currently producing more than 100,000 cubic feet of natural gas per day. The companies are not revealing the sale price.
Shell previously sold most of its Haynesville position five years ago, but still had some piecemeal remaining acreage.read more
Dec 29th, 2019
by John Donovan.
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December 29, 2019
CAIRO (Reuters) – Egypt said on Sunday that it awarded oil and gas exploration concessions in the Red Sea to Chevron (CVX.N), Royal Dutch Shell (RDSa.L) and Mubadala MUDEV.UL in an international tender.
Chevron was awarded the first block, Shell a second block, and a third block was awarded jointly to Shell and Mubadala with a total exploration area of around 10,000 square km (3,860 square miles) and with a minimum investment of $326 million, the petroleum ministry said in a statement.read more
Dec 29th, 2019
by John Donovan.
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Russia is not forcing Shell to buy its gas. Shell is also a big investor in solar power and is a 50% owner in offshore wind farms Atlantic Shores in New Jersey and the Mayflower Consortium in Massachusetts.
Last week’s announcement from the White House of a cease and desist order for the foreign firms building the Russia-to-Germany natural gas line may come about a year too late.
Nord Stream 2 was always seen as a slap in the face to Ukraine, once a main route into Europe for Gazprom’s natural gas from Russia. But Russia and Ukraine have since gone their separate ways, pulled closer into Europe and the U.S.’s orbit by both Washington and Brussels, and now Russia has opted to look for alternatives.read more
On Friday, Royal Dutch Shell announced that it would take a $1.7-$2.3 billion write down for the fourth quarter, another financial blow to an industry dealing with oversupply and low prices.
The write down is the result of the bad “macro outlook,” Shell said in a press release, which refers to the slowdown in the global economy, weak demand growth and relatively low prices for gas, oil and for refining margins. “Additional well write-offs in the range of $100-200 million are expected compared to the fourth quarter 2018. No cash impact is expected,” Shell said in a statement. The company’s share price in London fell 1 percent on the news.read more
Dec 23rd, 2019
by John Donovan.
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Shell Makes Significant Find Offshore Australia
by Andreas Exarheas: Rigzone Staff: Monday, December 23, 2019
Shell Australia has announced a “significant” gas and condensate discovery in the Browse Basin off the North West Coast of Western Australia.
The find was made through the Bratwurst-1 exploration well, which was said to be successfully concluded after a 78-day campaign. The discovery is located 99 miles north east of the Shell operated Prelude FLNG facility and presents an opportunity for a future tie-back to Prelude, according to Shell.
No figures were released in connection with the discovery, but it was said to support Shell’s growth plans for “more and cleaner energy, with LNG being the predominant focus for Shell in Australia”.read more
Coronavirus Is Making The U.S. Oil And Gas Sectors Even Sicker 17 Feb 2020 13:44 Forbes Pedestrians wearing protective masks walk along a road in Hong Kong, China, on Friday, Jan. 31, … [+] 2020. The U.S. and Japanese governments advised their citizens to avoid travel to China as the spread of the coronavirus showed few signs of abating. …
Big Read: Can the world kick its oil habit? 14 Feb 2020 01:42 The New Zealand Herald A 45-minute helicopter ride over aquamarine waters, 240km west of Abu Dhabi, brings you to the Ruwais refinery. Perched along the coast, the labyrinth of pipes and columns that form the vast oil processing complex seems to emerge directly out of the sand. …
RCMP prepares to crack down on Wet'suwet'en Nation as bottom falls out of LNG market in Asia 06 Feb 2020 00:11 Straight.com There may not be a peaceful conclusion to the ongoing dispute over the Coastal GasLink pipeline in British Columbia.
That's because Wet’suwet’en hereditary chiefs didn’t reach agreement with the B.C. government in their 11th-hour talks to de-escalate …
Shell boosts crude output in top U.S. shale field to 250,000 bpd 05 Feb 2020 20:00 Investing.com (Reuters) – Royal Dutch Shell (LON:RDSa), which plans billions of dollars in spending on shale drilling projects, boosted output in the top U.S. shale field to 250,000 barrels per day in December, the company's Permian Basin head said on Wednesday. …
Permian Basin output for Royal Dutch Shell reaches 250,000 barrels per day 05 Feb 2020 18:08 Investing.com (Reuters) – Royal Dutch Shell's output in the top U.S. shale field reached 250,000 barrels per day in December, the company's Permian head said on Wednesday.
Shell (LON:RDSa) plans to spend about $3 billion per year for the next five years on shale …
500 EXTERNAL PUBLICATIONS CITING OUR WEBSITES
See our link list of 477 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission websiteetc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of 64 books also containing references to our websites and/or our activities.
John Donovan, the website owner Head-cut image of Alfred Donovan appears courtesy of The Wall Street Journal.
ROYAL DUTCH SHELL PLC FAT CAT CEO, BEN VAN BEURDEN, PAID $30 MILLION IN 2014
DISCLAIMER
This is not a Shell website, nor is it officially endorsed by or affiliated with Royal Dutch Shell.
There are no subscription charges nor do we solicit or accept donations.
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?
Bloomberg News: China LNG Force Majeure Rejected (6:29 p.m. HK) 
Teresa Waddington, natural gas liquids plant manager for Shell in Fife, said operators and contractors wanting to be diverse and inclusive should target people who might not ordinarily apply and were currently “invisible” to employers.
FEBRUARY 6, 2020
NEW YORK, Feb 5 (Reuters) – Royal Dutch Shell has banned business travel to and from China’s Hubei province due to the coronavirus, the company said in a statement.
NEWS PROVIDED BY 
Brian Parkin: Jan 21 2020, 9:30 AM
Lucinda Cameron 
In Germany, Daimler formed a joint venture with Linde, Royal Dutch Shell and Total to develop a network of hydrogen fueling stations.
Jessica Resnick-Ault
Russia is not forcing Shell to buy its gas. Shell is also a big investor in solar power and is a 50% owner in offshore wind farms Atlantic Shores in New Jersey and the Mayflower Consortium in Massachusetts.
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:
