Royal Dutch Shell Group .com Rotating Header Image

August, 2022:

European gas shortages likely to last several winters, says Shell chief

The Guardian

European gas shortages likely to last several winters, says Shell chief

Warning raises prospect of continued rationing, as Total boss says Europe has to plan for future without Russian supplies

Gwyn Topham: Mon 29 Aug 2022 18.47 BST

Gas shortages across Europe are likely to last for several winters to come, the chief executive of Shell has said, raising the prospect of continued energy rationing as governments across the continent push to develop alternative supplies.

Cuts to the supply of Russian gas since the invasion of Ukraine have plunged European countries into a devastating energy crisis, driving up wholesale prices to leave consumers facing huge bills and the highest rates of inflation since the 1980s. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Energy pays out more than £500,000 for price cap overcharging

skynews

Shell Energy pays out more than £500,000 for price cap overcharging

Industry regulator Ofgem says the supplier will refund and compensate 11,275 prepayment customers as well as pay into a fund to support vulnerable people for the breach, noting the hardship faced by consumers as energy prices surge.

Shell Energy is to pay out more than half a million pounds for overcharging thousands of households above the permitted price cap.

Industry regulator Ofgem said the supplier would refund and compensate 11,275 prepayment customers as well as pay into a fund to support vulnerable people. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell, unions reach wage deal to end industrial action at Prelude FLNG

REUTERS

Shell, unions reach wage deal to end industrial action at Prelude FLNG

Sonali Paul: PUBLISHED AUG 23, 2022 09:48PM EDT

MELBOURNE — Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and restart production at the site off northwest Australia, they said on Wednesday.

Shell shut the 3.6 million-tonnes-a-year Prelude facility in July and told customers it would be unable to supply LNG for the duration of the protected industrial action, or strikes approved by Australia’s Fair Work Commission, over a wage dispute. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell and BP’s plans to reduce carbon emissions will overshoot 1.5°C warming limit in the Paris Agreement by a ‘significant margin’

Daily Mail

Shell and BP’s plans to reduce carbon emissions will still overshoot the 1.5°C warming limit in the Paris Agreement by a ‘significant margin’, study warns

  • Fossil fuel firms’ projections don’t fit with Paris Agreement targets, study claims

  • Projections from the firms show ‘delayed reductions in fossil fuel consumption’ 

  • The Paris Agreement is a legally binding international treaty on climate change 

Fossil fuel companies’ plans to reduce carbon emissions will still overshoot the 1.5°C warming limit in the Paris Agreement by a ‘significant margin’, a new study warns.

Researchers have studied the ‘decarbonisation scenarios’ outlined by vast energy companies Shell, BP and Equinor. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell to give staff 8% bonus after record profits

Shell to give staff 8% bonus after record profits

Shell said the award reflects the company’s current financial success but has no link to the rising cost of living challenges ANNA WISE, PA BUSINESS REPORTER

Shell employees will get a one-off 8% bonus after the energy company reported record profits from massive energy price hikes.

Most staff at the oil giant – which employs around 82,000 people worldwide – will be eligible for the pay boost.

Just those at executive vice president level or higher will be excluded from the taxable payout.

Shell said the award reflects the company’s current financial success but has no link to the rising cost of living challenges.

A Shell spokesperson said: “In recognition of the contribution our people have made to Shell’s strong operational performance against a recent challenging backdrop, our executive committee has decided to make a Special Recognition Award of 8% of salary to all eligible staff across the world. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.