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Damning report slams state, oil companies for Groningen gas failures

DutchNews.nl

Damning report slams state, oil companies for Groningen gas failures

February 24, 2023 – By Robin Pascoe

The interests of the people of Groningen were systematically ignored by both the government and oil companies, and making money remained the dominant concern when natural gas extraction started causing earthquakes, according to the parliamentary commission set up to investigate.

The worlds of those making the decisions and the locals were ‘miles apart’, commission chief Tom van der Lee said at the presentation of the report into the problems, which has taken two years and hundreds of interviews to complete.

Gas extraction has become an ‘unprecedented system failure’ and both the public and private sector have failed in their duties, Van der Lee said.

Ministers were not properly informed and that meant that MPs could not fulfill their role as guardians of the public interest. The damage, both material and mental, suffered by locals was consistently underestimated and the maximalisation of profit was the guiding force. read more

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Dutch gov’t, Shell and Exxon ignored Groningen risks for years, inquiry finds

“Gas extraction in Groningen was so successful and lucrative for the Dutch government, Shell and Exxon Mobil that they hardly took any notion of the long-term risks and the ever-clearer signs of the detrimental effects for the people in Groningen…” 

REUTERS

Dutch gov’t, Shell and Exxon ignored Groningen risks for years, inquiry finds

AMSTERDAM, Feb 24 (Reuters) – The Dutch government and energy companies Shell (SHEL.L) and Exxon Mobil (XOM.N) ignored the risks of gas production in Groningen for years, to the detriment of people living in the province, a parliamentary inquiry concluded on Friday.

Prime Minister Mark Rutte and others involved “gravely underestimated” the urgency of the problems in Groningen, said the committee set up to investigate the decades of lucrative gas extraction that caused tremors damaging thousands of houses and buildings in the region.

The massive Groningen field is operated by Shell and Exxon joint venture NAM and was one of Europe’s major suppliers of natural gas for decades.

“These are hard and painful conclusions,” Rutte told a news conference. “They make clear there is a lot to do to help the region and to hopefully restore trust.”

The government will take time provide a full response to the report, he said without indicating how long that would take.

A statement from NAM director Johan Atema said: “It is clear that we need to have a better eye for the society in which we work. It is up to us to show that we as a company have learned from this.” read more

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After winning lawsuit against Shell: Milieudefensie announces new climate case

NL TIMES

After winning lawsuit against Shell: Milieudefensie announces new climate case

Sunday 29 Jan 2023

After the case against Shell in 2021, Dutch climate organization Milieudefensie will start a new climate case against a company that emits a lot of greenhouse gasses at the end of this year, without naming the company involved. This was announced by the director of Milieudefensie, Donald Pols, on Sunday morning in the NPO Radio 1 program Vroege Vogels. Which company it is, he could not yet say. read more

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Nigerian widows end their case in the Netherlands against Shell

REUTERS

Nigerian widows end their case in the Netherlands against Shell

AMSTERDAM (Reuters) – A group of four widows who had sought to hold Shell liable for damages in the Netherlands after their anti-oil activist husbands were executed by the Nigerian government in 1995 have cancelled further legal proceedings, their lawyer said on Monday.

“Obviously this is not without disappointment and frustration,” said lawyer Channa Samkalden in statement announcing that the widows have cancelled an appeal launched after the Hague District Court rejected their case earlier this year. read more

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Exxon And Shell Look To Sell $1.5 Billion Natural Gas Venture

OILPRICE.COM

Exxon And Shell Look To Sell $1.5 Billion Natural Gas Venture

Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5 billion, Reuters reported on Tuesday, citing industry sources and a document it had seen.

Shell and Esso set up the NAM joint venture in the 1950s and started producing gas from the giant Groningen field in the Netherlands in the 1960s. According to NAM’s website, the company supplies 75% of the natural gas required by Dutch households and businesses. A total of 93% of all Dutch households use natural gas and gas accounts for 45% of all the energy that is used in the Netherlands.

Shell and Exxon’s decision to sell one of the oldest gas-producing ventures would be part of both companies’ plans to divest aging assets they no longer consider core to their respective operations, Reuters notes.

According to Reuters’ sources, NAM’s assets up for sale – including three gas processing plants, pipeline networks, and offshore gas fields – could be valued at between $1 billion and $1.5 billion.

The two international majors expect that the current dire need for gas supply in Europe and the high natural gas prices could make those assets attractive to prospective buyers, the sources told Reuters. read more

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Shell safety consultant quits over ‘double-talk on climate’

UPI

Shell safety consultant quits over ‘double-talk on climate’

By Sheri Walsh: 23 MAY 2022

May 23 (UPI) — A Shell safety consultant has resigned over what she calls the oil company’s “extreme harms” to the environment and “disregard for climate change risks.”

Caroline Dennett submitted her resignation to Shell executives and 1,400 employees Monday in an email and public video, accusing the U.S. company of “failing on a massive planetary scale” and blasting the oil giant’s plans to expand fossil fuel extraction. read more

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Shell’s gas profits ‘significantly’ boosted by energy crisis

The National

Shell’s gas profits ‘significantly’ boosted by energy crisis

Alice Haine: London Jan 7, 2022

Royal Dutch Shell said its natural gas trading business overcame supply disruptions to post “significantly higher” earnings for the fourth quarter compared with the previous three months amid record gas prices – but oil product sales were less buoyant.

The energy company said the “high liquid natural gas spot price environment” gave the company a boost, according to a trading update ahead of its fourth-quarter results on February 3, making it one of the few winners during the energy crisis gripping Britain and wider Europe. read more

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Shell to Proceed With Share Simplification; Will Change Name in January

DOW JONES NEWSWIRES

Shell to Proceed With Share Simplification; Will Change Name in January

Royal Dutch Shell PLC said Monday that it has decided to proceed with simplifying its share structure, shifting its tax residence to the U.K., and it will change its name to Shell PLC in January.

The energy company said it expects to change its name in the week beginning Jan. 24.

Shareholders in the company approved the amendment of the group’s articles of association on Dec. 10, after Shell proposed in November to collapse its current dual-share class and move its tax residency to the U.K. from the Netherlands. read more

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Royal Dutch Shell shareholders vote to drop dual structure and move to London

The Times

Royal Dutch Shell shareholders vote to drop dual structure and move to London

Emily Gosden, Energy Editor:   Shareholders in Royal Dutch Shell have overwhelmingly approved changes that will allow it to collapse its dual share structure and move its headquarters and tax base from the Netherlands to Britain.   The changes, which are also expected to include Shell 

losing “Royal Dutch” from its name read more

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As Shell relocates to the UK, Project Fear reveals four major warnings that Remainers missed.

Brinkwire

As Shell relocates to the UK, Project Fear reveals four major warnings that Remainers missed.

BY  ON 

As Shell relocates to the UK, Project Fear reveals four major warnings that Remainers got wrong.

BREXIT BRITAIN’S most recent victory, which will see oil giant Shell relocate its headquarters to the UK, has sparked new Frexit calls, with one leading campaigner insisting that it once again proves Project Fear was “wrong on everything.”

Royal Dutch Shell is scrapping its dual share structure and relocating its headquarters from the Netherlands to the United Kingdom, a major victory for Brexit Britain. read more

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Shell shake-up leaves Dutch royally hacked off

REUTERS

Shell shake-up leaves Dutch royally hacked off

By AMSTERDAM, Nov 15 (Reuters) – Royal Dutch Shell’s decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige. Reporting by Toby Sterling, Anthony Deutsch and Stephanie van den Berg; Editing by Edmund Blair FULL ARTICLE
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.