REUTERS:

Oil giant Shell sets sights on sustainable aviation fuel take-off

Reuters: Ron Bousso: Publishing date: Sep 19, 2021  

Aviation, accounting for 3% of the world’s carbon emissions, is considered one of the toughest sectors to tackle due to a lack of alternative technologies to jet fueled-engines.

Produced from waste cooking oil, plants and animal fats, SAF could cut up to 80% of aviation emissions, Shell said.

Anglo-Dutch Shell, which aims to reduce emissions from fuels it sells to net zero by 2050, is in the midst of a large overhaul aimed at producing more low-carbon fuels such as biodiesel and SAF, as well as hydrogen. read more

Photo Credit: Photographic Services, Shell International Limited.

REUTERS

Shell to build Dutch biofuels plant in net-zero push

September 16, 202111:20 AM BST

Sept 16 (Reuters) – Royal Dutch Shell (RDSa.L) plans to build a biofuels facility in the Netherlands to help achieve its target of net-zero carbon emissions by 2050, it said on Thursday.

The Washington Post:

Vermont sues 4 oil companies, alleges false info on climate

BURLINGTON, Vt. — Vermont on Tuesday became the latest state to sue some of the country’s top fossil fuel companies by alleging they misled the public about the impact their products have on climate change.

The suit names ExxonMobil Corporation, Shell Oil Company, Sunoco LP, CITGO Petroleum Corporation and other corporations.

“They have known for decades that the Earth’s climate has been changing because of emissions of CO2 and other greenhouse gases, and that the fossil fuels they sell are the primary source of those emissions,” the lawsuit said. read more

REUTERS

Japan’s Mitsubishi partners with Shell Canada in clean energy push

September 8, 20219:04 PM BST

Sept 8 (Reuters) – Japan’s Mitsubishi Corp (8058.T) and Shell Canada (RDSa.L) have signed a memorandum of understanding to produce low-carbon hydrogen to support Japan’s push for clean energy, the companies announced on Wednesday.

Mitsubishi plans to build and start up the low-carbon hydrogen facility near Shell’s Scotford, Alberta, facility toward the latter half of this decade, the companies said in a statement. read more

CITY A.M.com

Shell and BP: why we’re hopeful for a sensible transition to renewables

Sue Noffke: Monday 6 September 2021 9:13 am

The devastating effects of unchecked global warming were laid bare by this week’s landmark report from the Intergovernmental Panel on Climate Change (IPCC).

UN secretary-general António Guterres described the report’s findings as “a code red for humanity”.

The world’s major energy companies were already on the front line of the climate change battle, but following this week’s report public scrutiny of the industry can only intensify. read more

Photo Credit: Photographic Services, Shell International Limited.

REUTERS

Shell to vastly expand EV charging network in Britain

LONDON, Sept 1 (Reuters) – Royal Dutch Shell (RDSa.L) on Wednesday announced plans to vastly expand its network of electric vehicle charging points in Britain, aiming to install 50,000 on-street posts by 2025.

Shell will implement the plans through ubitricity, an on-street charging point company that it acquired in February which operates around 3,600 chargers in Britain. read more

HOUSTON CHRONICLE

Elevated flaring reported at Shell’s Louisiana refinery, chemical plant in Ida’s wake

Royal Dutch Shell on Tuesday said its Norco refinery and chemical plant in St. Charles Parish, La., was burning off more natural gas than usual after Hurricane Ida slammed the region Sunday.

Shell’s Norco manufacturing complex is without power, and photos on social media show flooding at the site. The Hague-based oil major said it is assessing the condition of its Louisiana facilities that were shut down in advance of the Category 4 hurricane, and doesn’t know when they will resume full operations. The Norco facility can refine 230,600 barrels per day. read more

Aug 30 (Reuters) – Royal Dutch Shell plc (RDSa.L) said on Monday its subsidiary Sarawak Shell Berhad (SSB) has taken a final investment decision on the Timi gas development project offshore Malaysia, which will powered by solar and wind sources.

The offshore wellhead project, developed with its partners Petronas Carigali and Brunei Energy Exploration, could see peak production of up to 50,000 barrels of oil equivalent per day (boe/d) and will move gas to the F23 production hub via an 80 kilometer-long pipeline, the company said in a release. read more

Extinction Rebellion activists glued to Science Museum site in Shell protest

Kevin Rawlinson and agency: Sun 29 Aug 2021 20.09 BST

Extinction Rebellion protesters have glued or locked themselves to the railings inside the Science Museum, in a protest against the oil firm Shell’s sponsorship of its exhibition about greenhouse gases.

They chanted, “Hey hey, ho ho, sponsor Shell has got to go” as those outside sang “No more petrol, no more diesel, funding fossil fuels is evil”, waved flags and banners, played drums and blew whistles. read more

12 August 2021

By Alex Enumah

Abuja — Shell Petroleum Development Company of Nigeria (SPDC), has finally agreed to pay compensation for oil spillages in the Ogoni community of Rivers State, to the tune of N45 billion, after over 31 years of legal battles.

The legal battle, which commenced in 1991, saw judgment in favour of the Ogoni community in 2010 by Justice Ibrahim Buba of the Lagos division of the Federal High Court.

But the oil giant declined payment and proceeded up to the Supreme Court twice; first in 2017 to appeal the judgment of the Court of Appeal, which had upheld the judgment of the trial court and in 2019, seeking a review of the apex court judgment dismissing its appeal. read more

Agence-France Presse: Thu 12 Aug 2021 00.46 BST

Royal Dutch Shell has agreed to pay around €95m (£80.4m/$111.6m) to communities in southern Nigeria over crude oil spills in 1970, lawyers involved in the case have said.

“The order for the payment of [$111m] to the claimants is for full and final satisfaction of the judgement,” a local spokesman for Shell Petroleum Development Company of Nigeria said on Wednesday.

Lucius Nwosa, a lawyer representing the Ejama-Ebubu community in Rivers state, confirmed the decision. read more

VOLTERRA FIETTA

UK Supreme Court issues new decision on parent company liability in Okpabi and others v. Royal Dutch Shell Plc and another

BRIEF EXTRACTS FROM E-NEWSLETTER 10 AUGUST 2021

On 12 February 2021, the Supreme Court issued its unanimous judgment in Okpabi and others v. Royal Dutch Shell Plc and another [2021] UKSC 3, declaring that a claim brought by over 40,000 residents of two communities in the Niger Delta against two Shell group companies over alleged oil spills could proceed to the merits stage. read more

Museums Association

SMG under fire for ‘gagging clause’ in Shell deal

Geraldine Kendall Adams: 30 July 2021

The Science Museum Group (SMG) has defended signing a “non-disparagement” agreement with the oil company Shell, the controversial sponsor of the Science Museum’s Our Future Planet exhibition on carbon capture technology.

The so-called “gagging clause” was part of a contract between the two parties obtained by the anti-oil campaign group Culture Unstained under the Freedom of Information Act, which was reported on Channel 4 News this week. read more

DW.COM

Shell’s Niger Delta cleanup: Ogoniland’s uncertain future

A Dutch court in January ruled that Shell had polluted the Niger Delta and ordered the energy giant to pay compensation. But many are now questioning whether it is enough to put right the misery suffered by the people.

The conflict between the indigenous people of Ogoni in Nigeria’s Niger Delta is a perennial one.

This year’s court ruling by an appeals court in the Netherlands — in favour of Milieudefensie/Friends of the Earth Netherlands and four Nigerian farmers — was heralded by some of them as justice. read more

Bloomberg

Shell CEO Says Company Will Appeal Climate Ruling

by Bloomberg| Laura Hurst & Diederik Baazil | Wednesday, July 21, 2021

(Bloomberg) — Royal Dutch Shell Plc said it will appeal a ruling by a Dutch court which ordered it to cut its carbon emissions by 45% over the next decade.

Shell has said it will speed up its energy transition plans in response to the order, but is looking to overturn it so it can stick to its own climate timetable. After intense pressure from investors, the May 26 ruling showed companies’ hands may increasingly be forced by courts, and result in far-reaching implications for the global energy industry. read more

The Guardian

Oil giant Shell set to appeal against ruling on carbon emissions

Company hopes to get Dutch court ruling overturned which called for it to cut emissions faster

Jillian Ambrose: Tue 20 Jul 2021 16.42 BST

Royal Dutch Shell has confirmed that it will appeal against the landmark Dutch court ruling calling for the oil giant to cut its carbon emissions faster.

A court in The Hague reached the milestone verdict in May this year after Friends of the Earth and over 17,000 co-plaintiffs successfully argued that Shell had been aware of the dangerous consequences of CO2 emissions for decades, and that its climate targets did not go far enough. read more

FORECOURTtrader

Shell starts trading power from Europe’s largest battery storage project

By John Wood 19 July 2021

Shell has started trading power from Europe’s largest battery storage project, the 100-megawatt system in Minety in Wiltshire, South West England.

Controlled and optimised by Shell-owned Limejump the battery, which is now fully operational, will help balance the UK’s electricity demand, providing electricity for up to 10,000 homes for a day before being recharged.

Shell Energy Europe signed a multi-year offtake agreement in early 2020 to trade all of the power from the battery, as part of Shell’s wider work to help accelerate the transition to cleaner energy sources. read more

FINANCIAL TIMES

Exxon and Shell join Scottish carbon capture project

David Sheppard, Energy Editor: 16 JULY 2021

The Acorn carbon capture and storage project in north-east Scotland has signed provisional deals with customers including ExxonMobil, Royal Dutch Shell and a company backed by Kuwait’s sovereign wealth fund, bringing together some of the largest operators in the UK North Sea.

The memorandums of understanding announced on Friday cover two of the three terminals at St Fergus, one of which is jointly owned by ExxonMobil and Shell. read more

channel4.com

Revealed: Fossil fuel companies lobby UK government for gas ‘compromise’ ahead of COP26  

Some of the world’s largest fossil fuel companies have lobbied the UK government to support a gas “compromise” ahead of the COP26 UN conference, Channel 4 News can reveal.

Last year, representatives from ExxonMobil, Shell, Chevron, Equinor and BP met with the then UK trade minister for a private dinner in Texas where natural gas was championed as a “vital part of the solution” to tackling climate change, according to a freedom of information request obtained by Greenpeace UK’s investigations unit Unearthed and shared exclusively with this programme. read more

OILPRICE.COM

Shell To Bow Out Of California Joint Venture With Exxon

By City A.M – Jul 06, 2021, 11:00 AM CDT

Shell (-2.37%) is reportedly planning to quit its California-based joint venture with fellow oil supermajor ExxonMobil (-3.56%) as it looks to accelerate its transition away from fossil fuels.

Four sources told Reuters that the FTSE blue chip had informed Exxon that it intended to exit subsidiary Aera Energy, in which it holds a 52 percent stake. The firm did not respond to a request for comment. read more

WHEN DEVELOPMENT BECOMES A CRIME: THE CASE OF BOMU COMMUNITY

PEMII BEN. B.

Ban Ki-Moon, the former secretary-general of the United Nations, once asserted that: “sustainable development is the pathway to the future we want for all. It offers a framework to generate economic growth, achieve social justice, exercise environmental stewardship and strengthen governance.”

Going by the dictates of the above quote, it becomes glaring that there is a nexus between development and social justice which, by extension, procreates social stability and mutual co-existence. The absence of “sustainable development” therefore portends danger, especially social unrest which emanates from neglect in every ramification. read more

FORBES

Renewable Energy Soars As Exxon, Shell Falter

As many know, Big Oil companies have suffered major losses as a result of the pandemic, as oil demand plummeted. Now, however, the prospects for the industry are looking more dismal than ever. As oil supermajors have faced increasing pressure to shift toward more sustainable business strategies, such pressure will certainly result in companies looking to renewables as the solution to this shift.

Recently, both Exxon Mobil and Royal Dutch Shell were hit with critical climate-related decisions. A Netherlands court ruled that Shell must drastically reduce its emissions this decade in what was “the first time a court ordered a private company to, in effect, change its business practice on climate grounds.” This was a seminal moment that will greatly benefit the clean technology space, leading it to become the norm, and no longer the alternative source for power in society. read more

OILPRICE.com

The Unintended Consequences Of Punishing Big Oil

By Tsvetana Paraskova – Jun 23, 2021, 12:00 PM CDT

The ‘day of reckoning’ for Big Oil, when events at boardrooms and courtrooms issued last month the starkest warning to oil majors’ license to operate yet, was hailed as a huge victory for climate activists. But the climate celebration may be a bit premature.

Rebel shareholder votes at Exxon and Chevron and a court ruling against Shell delivered a blow to Big Oil in a single day, and environmentalists are ecstatic. read more

The Guardian

Students protest at Science Museum over sponsorship by Shell

A group of activists who were threatened with arrest on Saturday evening after staging an “occupation” of the Science Museum in London have vowed to renew their fight on Sunday.

The London branch of the UK Student Climate Network (UKSCN) organised a demonstration at the museum in protest at its decision to accept sponsorship from fossil fuel giant Shell.

The museum in South Kensington has partnered with Shell to fund its Our Future Planet exhibition about carbon capture and storage and nature-based solutions to the climate crisis. read more

Argus Media

Shell Singapore eyes solar farm near Bukom refinery

Published date:17 June 2021

Shell and Singapore government agency JTC signed a non-binding initial agreement today to explore the development of a solar farm, as part of the oil major’s long-term plan to shift its core operations in the country towards lower carbon alternatives.

The solar farm will be based on part of the Semakau Landfill, close to Shell’s Pulau Bukom refining complex where capacity will be cut by 40pc next month as part of the firm’s strategic shift. read more

Reuters

Shell plans to bid in Norway’s 1st offshore wind tender

June 17, 20214:03 PM BST

OSLO, June 17 (Reuters) – Oil major Shell (RDSa.L) teamed up with Norwegian utilities BKK and Lyse to bid in the Nordic country’s first offshore wind tender expected next year, the companies said on Thursday.

Shell has been active in oil and gas extraction on the Norwegian continental shelf for several decades, and like many of its peers sees offshore wind as a cross-over technology in a bid to become carbon neutral in its operations. read more

CBS SF

Supreme Court Allows San Francisco, Oakland Lawsuits Against Big Oil Companies To Proceed

June 15, 2021 at 5:20 pm

SAN FRANCISCO (CBS SF) – Two more ambitious lawsuits would be hard to image: in 2017 the cities of Oakland and San Francisco filed separate public nuisance lawsuits against five of the world’s biggest energy companies, seeking to hold them responsible for the local effects of sea level rise.

On Monday, the U.S. Supreme Court declined to throw the suits out of court, although the cases still face many daunting obstacles ahead. read more

THE NEW YORK TIMES

Exxon’s defeat in a boardroom battle is a turning point for social activism.

An activist investor successfully waged a battle to install three directors on the board of Exxon Mobil last week with the goal of pushing the energy giant to reduce its carbon footprint. The investor, a hedge fund called Engine No. 1, was virtually unknown before the fight.

The tiny firm wouldn’t have had a chance were it not for an unusual twist: the support of some of Exxon’s biggest institutional investors. BlackRock, Vanguard and State Street voted against Exxon’s leadership and gave Engine No. 1 powerful support. These huge investment companies rarely side with activists on such issues. read more

Shell’s Australia boss says Big Oil faces a push for faster change

By Nick Toscano: June 9, 2021 — 5.09pm

The Australian boss of global energy giant Shell says society’s growing determination to speed up the shift to cleaner energy has driven a sharp escalation of climate pressure engulfing oil and gas producers this year.

In his first public comments since a Dutch court ordered Shell to set deeper and faster emissions cuts targeting a 45 per cent reduction by 2030, Shell Australia chairman Tony Nunan said he believed industry, governments and the public were becoming increasingly aligned on the need to achieve net-zero emissions by the middle of the century. read more

euronews.green

Shell climate case verdict: ‘A stark warning to any corporate polluter’

By Johnny White  •  Updated: 08/06/2021

Last week a Dutch court ruled that one of the world’s biggest oil companies, Royal Dutch Shell, must reduce its greenhouse gas emissions by almost half in the next nine years.

It’s no exaggeration to say this landmark verdict, which linked the need for the fossil fuel company to decarbonise to climate science and human rights, is a watershed moment for corporate climate accountability.

The case, brought by Friends of the Earth Netherlands and over 17,000 Dutch citizens, established that Shell was in breach of its duty of care under the Dutch Civil Code, informed by its human rights responsibilities, by contributing dangerously to climate change. read more

OilPrice.com

Forget Activism: Chronic Underperformance Is Big Oil’s Biggest Problem

By Alex Kimani – Jun 06, 2021, 7:00 PM CDT

Engine No. 1 has told the Financial Times that Exxon will need to cut fossil fuel production for the company to position itself for long-term success, “What we’re saying is, plan for a world where maybe the world doesn’t need your barrels,” Engine No.1 leader Charlie Penner has told FT.

Meanwhile, a Dutch court has ordered Royal Dutch Shell (NYSE:RDS.A) to cut its greenhouse gas emissions harder and faster than it had previously planned.

Whereas climate change issues are the presumptive reasons behind the latest wave of investor revolts at the oil and gas giants, lurking beneath the surface is a growing sense of apprehension about Big Oil’s strategy and failure to generate adequate returns for shareholders in recent decades. read more

REUTERS

OPEC, Russia seen gaining more power with Shell Dutch ruling

Dmitry Zhdannikov: June 1, 2021

Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia.

Defeats in the courtroom and boardroom mean Royal Dutch Shell (RDSa.L), ExxonMobil (XOM.N) and Chevron (CVX.N) are all under pressure to cut carbon emissions faster. That’s good news for the likes of Saudi Arabia’s national oil company Saudi Aramco… read more

Seeking Alpha

Big Oil’s Very Bad Wednesday

THE SUN

OPL 245 Saga: Anti-corruption groups applaud President’s stance

27 MAY 2021

By Henry Uche

Human & Environmental Development Agenda, HEDA, Re: Common, Corner House and Global Witness have applauded President Buhari’s insistence that the oil field could not be developed until corruption cases had concluded.

HEDA’s Chairman, Olarenwaju Suraj in a statement revealed that the license for Nigeria’s offshore OPL 245 oil block has expired, as Eni confirmed in response to questions at their 2021 annual general meeting. The expiry of the license returns control of the oil field to the Nigerian Government. read more

CNN

Court orders Shell to slash CO2 emissions in landmark climate ruling

“This is a turning point in history,” said Roger Cox, lawyer for Friends of the Earth Netherlands.

By Hanna Ziady, CNN Business

Updated 2000 GMT (0400 HKT) May 26, 2021

London (CNN Business)A Dutch court has ruled that Royal Dutch Shell must dramatically reduce its carbon emissions in a landmark climate decision that could have far reaching consequences for oil companies.

The company must slash its CO2 emissions by 45% by 2030 from 2019 levels, according to a judgment from a district court in The Hague on Wednesday. That includes emissions from its own operations and from the energy products it sells.

This is the first time that a court has ruled a company needs to reduce its emissions in line with global climate goals, according to Friends of the Earth Netherlands, an environmental campaigning group that brought the case against Shell (RDSA).

The verdict could pave the way for similar cases to be brought in other countries, forcing oil companies to reduce fossil fuel production. It comes just a week after the influential International Energy Agency told oil companies they need to stop drilling for oil and gas right now to prevent a climate catastrophe.

The Anglo-Dutch company announced plans in September to become a net zero emissions company by 2050, a target that includes emissions from its products. It is currently targeting a 20% reduction in carbon intensity by 2030, and 45% by 2035.

“This case is unique because it is the first time a judge has ordered a large polluting corporation to comply with the Paris Climate Agreement. This ruling may also have major consequences for other big polluters,” added Cox.

The impact of the decision will be amplified because the court relied on global human rights standards and international instruments on climate change in arriving at its decision, according to legal experts.

“I can imagine this will inspire a series of other cases against companies, especially those active in the oil extraction industries like Shell,” said Eric De Brabandere, a professor of international dispute settlement at Leiden University in the Netherlands. “It is a groundbreaking decision, it’s really a landmark.”

Mounting pressure

While Shell claims that its carbon intensity targets are aligned with the Paris Agreement — which aims to limit global temperature increases to 1.5 degrees Celsius — Friends of the Earth Netherlands argues that the company’s ongoing investments into oil and gas extraction show that it doesn’t take climate change seriously.

The court found that Shell’s carbon emissions pose a “very serious threat” to Dutch residents, and that the company has an “individual responsibility” to reduce emissions. The court said the company would have “total freedom” to comply with its order and to shape corporate policy.

Shell indicated it would appeal the ruling, which is immediately enforceable, according to De Brabandere.

“We are investing billions of dollars in low-carbon energy, including electric vehicle charging, hydrogen, renewables and biofuels. We want to grow demand for these products and scale up our new energy businesses even more quickly. We will continue to focus on these efforts and fully expect to appeal today’s disappointing court decision,” a Shell spokesperson said in a statement.

Oil companies are facing mounting pressure from shareholders and activists to ditch fossil fuels and invest into cleaner energy sources. The ruling handed down on Wednesday “may sound revolutionary, but, in fact, it is in line with what long term investors are increasingly asking companies to do anyway,” said Cees van Dam, a professor of international business and human rights at the Rotterdam School of Management.

almost a third read more

The Guardian

Court orders Royal Dutch Shell to cut carbon emissions by 45% by 2030

Daniel Boffey: Wed 26 May 2021 15.25 BST

A court in the Hague has ordered Royal Dutch Shell to cut its global carbon emissions by 45% by the end of 2030 compared to 2019 levels, in a landmark case brought by Friends of the Earth and over 17,000 co-plaintiffs.

The oil giant’s sustainability policy was found to be insufficiently “concrete” by the Dutch court in an unprecedented ruling that will have wide implications for the industry. read more

EnergyVoice.com

Shell faces Dutch court ruling on global emissions

By Ed Reed: 24 May 2021

A court in The Hague will rule on May 26 on a climate case against Shell, led by Friends of the Earth Netherlands (Milieudefensie).

The environmentalist case demands that Shell cut CO2 emissions by 45% by 2030. Success for the NGO would see the corporation ordered to “reduce its emissions in line with global climate goals”.

The outcome, it said, should “impact climate policy and corporate accountability globally”. It does not seek compensation, rather a change to Shell’s business plan. read more

Baton Rouge-based firm bids $1.25 bln for Shell’s idled Louisiana refinery

HOUSTON, May 24 (Reuters) – American Clean Energy Refining LLC (ACER) is bidding to buy an idled refinery of Royal Dutch Shell Plc RDSa.L in Convent, Louisiana, the chief executive of the Baton Rouge-based company said on Sunday night.

ACER has offered $1.25 billion for the idled 211,146 barrel-per-day (bpd) Convent refinery, which was shut in December 2020, Chief Executive Officer George Dabbs said.

A Shell spokesman was not immediately available for comment. read more

Shell Green Plans Under Scrutiny as Holders Seek More Action

Laura Hurst: Tue, May 18, 2021, 4:21 PM

(Bloomberg) — Royal Dutch Shell Plc has been under increasing pressure from investors to slash emissions and pivot toward cleaner energy, and the tension was on show at its shareholder meeting on Tuesday.

The company’s long-term energy transition plan, laid out to investors for the first time, received overwhelming support, but a competing resolution asking for stricter targets also garnered more votes than ever. Adding to the tension, shareholders were meeting as the International Energy Agency warned that all new oil and gas developments need to stop immediately for climate targets to be met. read more

REUTERS

Shell in talks with Nigeria to divest onshore oil stakes

May 18, 2021: Shell, the operator of the West African country’s onshore oil and gas joint venture SPDC, has struggled for years with spills in the Niger Delta as a result of pipeline theft and sabotage as well as operational issues. The spills have led to costly repair operations and high-profile lawsuits. Speaking at the company’s annual general meeting, CEO Ben van Beurden said that Shell can no longer be exposed to the risk of theft and sabotage.  read more

U.S. Supreme Court backs energy companies over Baltimore in climate case

By Lawrence Hurley: 3 MIN READ: MAY 17, 20213:41 PM

WASHINGTON (Reuters) – The U.S. Supreme Court on Monday ruled in favor of BP PLC, Chevron Corp, Exxon Mobil Corp, Royal Dutch Shell PLC and other energy companies contesting a lawsuit filed by the city of Baltimore seeking monetary damages from them due to costs caused by global climate change.

The 7-1 ruling, authored by conservative Justice Neil Gorsuch, came on a technical legal issue that could help the companies in their effort to have the case heard in federal court, as they would prefer, instead of state court, which the city favors as it is seen as a more amenable venue. read more

Vote against Shell’s energy transition strategy, Pirc urges investors

Hannah Godfrey: Tuesday 11 May 2021

Shareholder advisory PIRC has recommended investors vote against Shell’s non-binding resolution on its energy transition strategy at its annual meeting next week.

The Pensions & Investment Research Consultants (PIRC), a major proxy advisory, said Royal Dutch Shell’s strategy to cut emissions “does not seem to have a clear plan for the competitive aspects of the energy transition.” read more

Shell raises dividend for second time in six months after first-quarter earnings beat forecasts

Sam Meredith: PUBLISHED THU, APR 29 20212:09 AM EDT

• The Anglo-Dutch company reported adjusted earnings of $3.2 billion for the three months through to the end of March. Analysts had expected $3.1 billion, according to Refinitiv.
• Shell also raised its dividend by around 4%, its second increase in six months.
• It comes as energy majors seek to reassure investors that they have gained a more stable footing in recent months.

LONDON — Oil giant Royal Dutch Shell on Thursday reported slightly better-than-expected first-quarter earnings, amid stronger commodity prices and growing expectations of a fuel demand recovery.

Shell also raised its dividend by around 4%, its second increase in six months, as the oil major seeks to reassure investors it has gained a more stable footing. It comes after Shell slashed its payout for the first time since World War II in April last year. read more

Senior executive directors of Royal Dutch Shell Plc had advance sight some days ago of a draft of the article below. It is a follow-up article by a whistleblower whose identity is known to us.

Under Shell’s egregious stewardship, Iraq is literally burning billions of dollars in lost revenue, and the country’s power plants are being deprived of the much-needed fuel supply to end Iraq’s chronic power crisis.  The power outages have been the main destabilizing force in the country, which have also often led to mass protesting, civil unrest, and countless civilian casualties.    

By: The Iraqi Governance Revolt & Systemic Overhaul!

Introduction

Iraq holds the 12th largest natural gas reserve in the world, however, the country equally represents 12% of global gas flaring, “suggesting there may be systematic and structural barriers to reducing gas flaring practices,” according to the latest Global Gas Flaring Tracker Report produced by The World Bank Group.

Although officially signed in 2011, Royal Dutch Shell (Shell) formalized the establishment of its gas monopoly in Iraq, the $17 billion Basrah Gas Company (BGC), in May 2013, which also gave birth to the so called ‘world’s largest flare reduction program’. read more

New York City sues Exxon, BP, Shell in state court over climate change

By Reuters Staff: April 22, 2021

(Reuters) – New York City is suing three major oil companies and the top industry trade group in state court after a federal appeals court this month rejected its effort to hold the companies liable to help pay the costs of harm caused by global warming.

The lawsuit filed on Thursday said Exxon Mobil Corp, BP Plc, Royal Dutch Shell and industry group the American Petroleum Institute “have systematically and intentionally misled consumers” about “the central role their products play in causing the climate crisis.” read more

Will Big Oil’s Huge Carbon Capture Bet Pay Off?

By Tsvetana Paraskova – Apr 21, 2021, 1:00 PM CDT

“We’re sending carbon back where it came from,” Norway’s energy giant Equinor says, describing its efforts to make carbon capture and storage (CCS) commercially viable in a future decarbonized energy system. Equinor is a joint venture partner with two other oil majors, Shell and Total, in developing the Northern Lights project in Norway, which is planned to deliver carbon storage as a service to help third-party industries to reduce emissions. read more

Officials give notice to Shell refinery on emissions release

April 21, 2021Updated: April 21, 2021 7:02 a.m.

ANACORTES, Wash. (AP) — The Northwest Clean Air Agency issued Tuesday a violation notice against the Shell Puget Sound Refinery for the release of emissions in August and September.

The refinery, on March Point near Anacortes, may face a financial penalty because of the incidents, which impacted the surrounding community including the Swinomish Indian Tribal Community, the Skagit Valley Herald reported.

The notice said two flaring events exceeded allowable, visible emissions for more than 5 minutes. The first occurred on Aug. 19, and the second on Sept. 29. The air agency received 12 complaints and verified the presence of odors following the Sept. 29 incident, according to a news release. read more

Energy Giants Ditch Oil and Coal Projects. Smaller Rivals Want Them.

BP, Rio Tinto and others sell assets for financial and environmental reasons, in possible boon for those who still embrace fossil fuels

By David Hodari: April 21, 2021 5:30 am ET

For all the talk of a transition away from fossil fuels, players in the energy sector are still willing to bet there is more money to be made in oil and coal.

Major oil companies such as BP PLC and Royal Dutch Shell PLC are selling billions of dollars of assets to bolster their finances and reduce carbon emissions, while mining companies including Anglo American PLC and Rio Tinto PLC have exited coal projects. read more

Shell’s maiden trial for hydrogen fuel cell in ships to aid Singapore’s clean fuel ambitions

• Author Sambit Mohanty 
• Editor Wendy Wells 
• 21 Apr 2021 | 05:46 UTC
• Singapore

• Shell, SembCorp Marine Ltd, LMG Marin AS, Penguin International to collaborate on the project
• Trial to develop, install auxiliary power unit PEM fuel cell on existing roll-on/roll-off vessel
• Initiative part of Shell Singapore’s plan to cut its CO2 emissions by about a third within a decade.

Singapore — Shell said April 21 it would collaborate on a feasibility study to trial the use of hydrogen fuel cells for ships, the first of its kind for both Shell and in Singapore, paving the way for cleaner and hydrogen-powered shipping.

“This trial is an important step in demonstrating the applicability of hydrogen and fuel cells on ships,” the statement quoted Nick Potter, general manager of Shell Shipping and Maritime, Asia Pacific & Middle East, as saying. read more