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Barrett hears climate case against her father’s ex-employer Shell

Barrett hears climate case against her father’s ex-employer Shell

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Investors see splits among energy company climate efforts

Investors see splits among energy company climate efforts

(Reuters) – Investors are judging how well energy companies have reoriented their businesses to cut emissions as they weigh activists’ calls for divestment, climate finance specialists said on Thursday.

Growing differences between oil majors have clarified when companies are positioned to achieve “net-zero” emissions, becoming more focused on renewable power and offsetting remaining greenhouse gas emissions with measures like carbon sequestration or conservation efforts, specialists said at a Reuters Next panel held online. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Research on external factors (suppliers, customers, competition, environment, etc) influencing Royal Dutch Shell

AskWonder.com: Research on external factors (suppliers, customers, competition, environment, etc) that are influencing Royal Dutch Shell at the moment. Delivered January 30th, 2017.

Links to royaldutchshellplc.com and royaldutchshellgroup.com as reference sources.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Aberdeen job cuts loom as Shell retrenches in North Sea

Aberdeen job cuts loom as Shell retrenches in North Sea

By Mark Williamson : Group Business Correspondent

ROYAL Dutch Shell has announced plans to cut around 330 jobs in its UK North Sea oil and gas business which is run from Aberdeen.

The cuts will reduce total employee numbers in the Anglo-Dutch giant’s North Sea business to around 1,000.

It is understood the bulk of the cuts will affect office-based roles in Aberdeen.

The cuts are being made under a programme initiated by Shell amid the oil price plunge that was triggered by the coronavirus crisis. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Fishermen lose out as oil giant Shell delays survey on gasfields off Whitby and Scarborough

Fishermen lose out as oil giant Shell delays survey on gasfields off Whitby and Scarborough

Anglo-Dutch oil giant Shell has postponed a seismic survey on two gasfields off the North Yorkshire coast, disappointing fishermen who were in line for tens of thousands of pounds of compensation.

By Alexandra Wood: Saturday, 9th January 2021, 6:00 am

The energy firm had been looking to conduct the 3D survey on the Resolution – first discovered in 1966 – and Endeavour gasfields in the first quarter of this year, but said it needed more time to “conclude agreements with commercial and other stakeholders in the area”. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell postpones North Sea seismic job due to fishing, environmental concerns

Shell postpones North Sea seismic job due to fishing, environmental concerns

Shell has postponed a 3D seismic survey in the UK North Sea after weighing up the impacts on fishing businesses and the environment. By Mark Lammey: 06/01/2021, 7:45 am Partner Egdon Resources said the survey of the Resolution and Endeavour gas discoveries would take place in February 2022, rather than in the first quarter of this year.

Operator Shell made the decision following “extensive stakeholder engagement” and the revision of the environmental impact assessment.

The oil giant concluded that the commercial impact on local fishing businesses, along with potential impacts on marine mammalian movements, the breeding season for sea birds and tourism, meant it would be better to do the work in February.

The survey had originally been scheduled for March or April 2021. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

SHELL INVESTS IN QUEBEC’S FIRST WASTE TO LOW-CARBON FUELS PLANT

SHELL INVESTS IN QUEBEC’S FIRST WASTE TO LOW-CARBON FUELS PLANT

Jan. 05, 2021

Shell Canada Limited, an affiliate of Royal Dutch Shell plc (“Shell”), today announced the signing of commercial agreements to invest in Varennes Carbon Recycling, the first waste to low-carbon fuels plant in Québec, Canada.

Calgary, AB – Shell will have a 40% interest in the plant using technology developed by Enerkem, a leading Canadian clean tech company. Enerkem announced the project in December 2020, subject to finalization of commercial agreements. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Fuel for Thought: Singapore looks to next energy transition, this time away from oil

Fuel for Thought: Singapore looks to next energy transition, this time away from oil

Eric Yep: 29 December 2020

SHELL RELATED EXTRACTS

Shell, which started out as M. Samuel & Co. and built the first fuel depot in Singapore in the 1890s, said in November it was shutting half of its refining capacity on Singapore’s Pulau Bukom island, a move signaling the start of one era and the beginning of another for the energy hub.

Shell said Pulau Bukom will become one of its roughly six energy and chemicals parks and part of a “pivot from a crude-oil, fuels-based product slate towards new low-carbon value chains.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell details its layoff of hundreds at Convent site in 2021; full shutdown set for August

Shell details its layoff of hundreds at Convent site in 2021; full shutdown set for August

Shell plans to begin layoffs for nearly 700 workers in March at its Convent oil refinery, which it expects to fully shut down in August.

The Louisiana subsidiary of Royal Dutch Shell, Equilon Enterprises LLC, previously had announced layoffs but has now filed an official notice with the Louisiana Workforce Commission outlining its plans. 

Shell looks to lay off all 698 workers at the refinery, 340 of whom are represented by a union, according to the letter. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

2020 Was One of the Worst-Ever Years for Oil Write-Downs

2020 Was One of the Worst-Ever Years for Oil Write-Downs

Royal Dutch Shell’s Prelude floating facility has struggled to deliver income. PHOTO: ROYAL DUTCH SHELL AUSTRALIA/REUTERS

By Collin Eaton and Sarah McFarlane: Dec. 27, 2020 9:00 am ET

The pandemic has triggered the largest revision to the value of the oil industry’s assets in at least a decade, as companies sour on costly projects amid the prospect of low prices for years.

Oil-and-gas companies in North America and Europe wrote down roughly $145 billion combined in the first three quarters of 2020, the most for that nine-month period since at least 2010, according to a Wall Street Journal analysis. That total significantly surpassed write-downs taken over the same periods in 2015 and 2016, during the last oil bust, and is equivalent to roughly 10% of the companies’ collective market value. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Nigeria oil site seized over unpaid damages

Shell Nigeria oil site seized over unpaid damages

Dec. 24, 2020 10:57 AM ET Royal Dutch Shell plc (RDS.A)By: Carl SurranSA News Editor

  • An oil site operated by Royal Dutch Shell’s (RDS.ARDS.B) Nigerian unit has been seized by a state government in a dispute over an oil spill that occurred decades ago.
  • The government of Rivers state in the Niger Delta sealed off the Kidney Island base located in the Port Harcourt oil hub, saying the facility and Shell’s 30% stake in nearby Oil Mining Lease 11 were “lawfully purchased through public auction ordered by the court.”
  • Shell says the state government’s statement is “premature and prejudicial,” as the transfer of the oil license requires the approval of Nigeria’s federal minister of petroleum resources, which has not been granted.
  • Shell has been involved in a long-running legal battle with a local community in Rivers state which has successfully sued the company for millions of dollars in damages for allegedly polluting its land during a civil war in the late 1960s.
  • Nigeria’s federal government also has been involved in a dispute with Shell over damages related to alleged corruption linked to the company’s 2011 purchase of the OPL 245 offshore oilfield.
  • read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell to Provide Over One Million Pieces of PPE to U.S. Communities

    Shell to Provide Over One Million Pieces of PPE to U.S. Communities

    NEWS PROVIDED BY Shell Oil Company Dec 22, 2020, 09:00 ET

    HOUSTONDec. 22, 2020 /PRNewswire/ — As the number of COVID-19 cases surges across the country, Shell Oil Company (Shell) has announced it will contribute more than one million pieces of PPE to communities and medical care facilities from coast to coast. Extra face shields, non-medical masks and nitrile gloves are now arriving in some of the hardest hit areas of the country. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell warns of flaring at Dutch Pernis oil refinery due to ‘malfunctioning’ unit

    Shell warns of flaring at Dutch Pernis oil refinery due to ‘malfunctioning’ unit

    By Reuters Staff: DECEMBER 21, 2020

    LONDON (Reuters) – Royal Dutch Shell warned on Twitter on Monday of increased flaring at its 400,000 barrel per day Dutch Pernis oil refinery, Europe’s largest, due to a “malfunctioning” unit which it did not name.

    Reporting by Ahmad Ghaddar and Shadia Nasralla; editing by David Evans

    SOURCE

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell fourth quarter 2020 update note

    Shell fourth quarter 2020 update note

    | Source: Shell International B.V.

    The Hague, December 21, 2020 − This is an update to the fourth quarter 2020 outlook provided in the third quarter results announcement on October 29, 2020. The impacts presented here may vary from the actual results and are subject to finalisation of the fourth quarter 2020 results.

    This update note is presented based on prevailing commodity prices and forward curves, further movements and volatility till the end of the year are likely to impact earnings and CFFO. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Layoffs at shuttered Shell Convent, Louisiana, refinery to begin in late Feb -sources

    Layoffs at shuttered Shell Convent, Louisiana, refinery to begin in late Feb -sources

    By Reuters Staff: DECEMBER 18, 2020

    HOUSTON (Reuters) -Layoffs of hourly workers at Royal Dutch Shell Plc’s shuttered Convent, Louisiana, refinery are scheduled to begin on the last day of February, said sources familiar with plant operations.

    The next round of layoffs is scheduled for March 31, the sources said.

    A Shell spokesman did not reply to a request for comment.

    About 350 hourly workers will leave jobs they have performed for years at the 211,146 barrel-per-day (bpd) refinery located 46 miles (74 km) west of New Orleans. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell climate lawsuit: Dutch activists push courts for steeper emissions cuts

    Shell climate lawsuit: Dutch activists push courts for steeper emissions cuts

    Companies that make money selling coal, oil and gas could be held more accountable if judges in the Hague order fossil fuel giant Shell to cut its emissions.

    Backed by 17,000 Dutch citizens, climate activists are wrestling fossil fuel giant Royal Dutch Shell in court over its responsibility to cut emissions to levels that comply with global treaties.

    On the last of four days of hearings in the District Court of the Hague, seven environmental groups led by Friends of the Earth Netherlands pressed the court to force the oil major to commit to the Paris Agreement target of keeping warming to 1.5C. This would mean cutting net carbon emissions by 45% from today’s levels in a decade, the campaigners say, at a time where Shell is still investing heavily in fossil fuels. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    New York Becomes The First State To Divest From Oil And Gas

    New York Becomes The First State To Divest From Oil And Gas

    09/12/2020 13:10 GMT | Updated 09/12/2020 14:54 GMT

    The Empire State’s pension fund is the largest to dump fossil fuel investments ― ever, in the entire world.

    New York state announced plans on Wednesday to eject oil and gas stocks from its $226 billion financial portfolio, becoming the first U.S. state and the biggest pension fund anywhere to divest from fossil fuels.

    By 2025, the New York State Common Retirement Fund, which disburses some $1 billion in benefits to retirees each year, will sell off its “riskiest” oil and gas stocks, following a review. The state aims to completely eliminate carbon polluters from its portfolio by 2040. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell Nigeria Employees Vandalize Oil Pipelines

    Shell Nigeria Employees Vandalize Oil Pipelines

    By Charles Kennedy – Dec 10, 2020, 9:30 AM CST

    Employees of Shell’s Nigeria subsidiary SPDC ordered the deliberate vandalization of oil pipelines to profit from them, according to a Dutch TV documentary, done in partnership with environmentalist organization Milieudefensie.

    Aljazeera reports that the program, to be aired today, cites witnesses who said pipeline leaks were caused by SPDC employees.

    “According to sources, Shell employees profit from these intentional oil leaks by pocketing money from clean up budgets,” the program, Zembla, said. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    World’s top oil trader retiring from Shell

    World’s top oil trader retiring from Shell

    Javier Blas and Laura Hurst, Bloomberg News: 9 Dec 2020

    Royal Dutch Shell Plc is shaking up its mighty in-house trading unit, with the retirement of Mark Quartermain as head of crude — a job widely seen as the most powerful in the global oil-trading industry.

    The Anglo-Dutch oil major used the reshuffle to promote at least three women to top positions in trading, a rarity for an industry still dominated by men.

    Quartermain will retire in the summer of 2021, less than four years after taking the job, having led the team through one of the most turbulent and profitable periods in history. He will be replaced by Stacie Pitts, who becomes the most influential woman in the oil-trading business. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Communities in oil-rich Niger Delta pin hopes on Shell climate case

    Communities in oil-rich Niger Delta pin hopes on Shell climate case

    DAKAR, Dec 1 (Thomson Reuters Foundation) – As a legal case over energy giant Shell’s planet-heating emissions kicked off in the Netherlands, activists said the health and livelihoods of people in Nigeria’s oil-producing region would hinge on its outcome.

    Royal Dutch Shell faced its first court hearing on Tuesday in a lawsuit brought by environmental and human rights groups in The Hague, the company’s headquarters. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Oil majors wipe $80 billion off books as epidemic, energy transition bite

    Oil majors wipe $80 billion off books as epidemic, energy transition bite

    By Ron Bousso:

    By Ron Bousso

    LONDON (Reuters) – The world’s top energy companies have slashed the value of their oil and gas assets by around $80 billion (60.05 billion pounds) in recent months after revising lower the long-term outlook for fuel prices in the wake of the coronavirus epidemic and the energy transition.

    Exxon Mobil, the largest U.S. oil company, announced on Monday it would write down the value of natural gas properties by $17 billion to $20 billion, its biggest ever impairment following the sharp drop in energy prices this year. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Multinationals Seem Too Big For Accountability. Switzerland May Change That

    Amnesty International has been challenging Shell for decades about the devastating impact that pollution and environmental damage, associated with the company’s operation, have had on the human rights of people in the Niger Delta, Nigeria. Shell has, however, tried to delegate its responsibility for the damage to its Nigerian subsidiary, SPDC, making it more difficult even for victims to seek justice. Today, there is a case pending in the UK which seeks to hold the company accountable.

    Multinationals Seem Too Big For Accountability. Switzerland May Change That read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Royal Dutch Shell paid no corporation tax in Britain

    Royal Dutch Shell paid no corporation tax in Britain

    Robert Miller:

    The Anglo-Dutch oil major paid a total of $7.8 billion in corporate income tax globally last year, but in Britain it received $116 million from the government

    Royal Dutch Shell paid no corporation tax in Britain last year, despite paying billions of dollars in other jurisdictions.

    The Anglo-Dutch oil major paid a total of $7.8 billion in corporate income tax and $5.9 billion in royalties last year on a pre-tax profit of $25.5 billion, according to its annual report, which was published yesterday. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    5 legal tactics environmentalists are using to fight climate change

    “Fossil fuel companies, like tobacco companies before them, have allowed governments to pay for the harms caused by their products“…

    5 legal tactics environmentalists are using to fight climate change

    Activists are increasingly using litigation as a tool to influence climate action worldwide. Here’s a look at some of the main tactics they’re wielding to force change on fossil fuel firms and weak government policies.

    More than 700 climate lawsuits have been filed around the world since 2015, according to the Climate Change Litigation Databases. That’s a huge increase, considering there have only been about 1,700 of these types of cases since the late 1980s, most of them in the US. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell Canada gives customers option to offset their carbon emissions for two cents per litre

    Shell Canada gives customers option to offset their carbon emissions for two cents per litre

      Posted November 12, 2020 10:03 am: Updated November 12, 2020 6:14 pm A customer fills her full-size sport-utility vehicle at a Shell station in Mississauga, Ont. in this September 28, 2004 photo. The Sobeys grocery store chain is expanding its gasoline retailing business with the purchase of 250 gas stations in Atlantic Canada and Quebec from Shell Canada. THE CANADIAN PRESS/J.P. Moczulski. THE CANADIAN PRESS/J.P. Moczulski

    Shell Canada is letting carbon-conscious customers get their two cents in for the environment while filling up at one of its 1,400 stations across Canada.

    The Canadian branch of Royal Dutch Shell is launching its Drive Carbon Neutral program  on Thursday to allow customers to help it buy offset credits to reduce net carbon dioxide emissions from the production, refining and burning of fossil fuels. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell: Regaining Dividend Respectability And Shifting Toward Green Hydrogen

    Shell: Regaining Dividend Respectability And Shifting Toward Green Hydrogen

    The Daily Drilling Report: 10 November 2020

    Summary
    • Shell is taking a healthy approach toward energy transition and balancing capital projects in terms of energy source.
    • It’s also forging a leadership position in two key fuels that have been identified as being crucial to meeting Paris Climate goals – natural gas and hydrogen.
    • Shell is back in our good grades with its recent dividend raise and strong earnings prospects going forward.
    • At its recent price in the mid-$20s it represents a nice risk reward profile.

    The question is, is the dividend safe? The answer here is yes, as it has just been raised. It seems Uncle Ben has heard the hue and cry of outraged shareholders, and is restoring some of what he took away just last quarter.

    Ben Van Beurden, CEO Shell:

    So we are announcing an increase of 4% in our dividends this quarter. But we’re also announcing a target milestone for our net debt of $65 billion for the near term. And once we have achieved this milestone, we target to further increase shareholder distribution. So we are not offering the promise of future growth, but also increasing shareholder distributions for the near term. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell Singapore to cut 500 jobs in next three years as it downsizes Pulau Bukom operations

    Shell Singapore to cut 500 jobs in next three years as it downsizes Pulau Bukom operations

    Ovais Subhani: NOVEMBER 10, 2020

    The transition at Bukom has been planned in consultation with all the stakeholders including the Government and the trade union.

    SINGAPORE – Royal Dutch Shell’s pivot away from crude oil towards a low-carbon slate of fuels will cost Singapore 500 jobs and half of the processing capacity on Pulau Bukom in the next three years. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    BP And Shell’s Renewables Plans – Go Woke Go Broke

    BP And Shell’s Renewables Plans – Go Woke Go Broke

    : Nov 2, 2020

    Summary

    • No, I’m not suggesting that BP and Shell are about to go broke as a result of their plans in to renewables – that’s rhetorical use of a current trope.
    • The move does though entirely change the way we should be viewing those stocks. They become as with other companies, things to evaluate on single year horizons.
    • They used to be known as “widows and orphans” stocks, regular dividend payers safe to be held for decades – this is what has changed.

    Going green is just fine

    The idea of the world going green is just fine. Climate change is a real problem, we’re causing it, we need to do something about it. I’m one of the few on that free market right who has been saying this for the past decade or so and don’t I get stick for it too.

    The idea of companies investing in doing that going green is just fine too. As someone on that free market right I would insist that this is the only way we will go green too. The capitalist way, people making a buck out of what people desire to be done. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell Explores Plans for North Slope Development

    Shell Explores Plans for North Slope Development

    01 November 2020

    Dutch oil major Shell is looking to further develop its North Slope oil position in Alaska. The company’s offshore unit applied to form the West Harrison Bay Unit offshore from the National Petroleum Reserve–Alaska with plans for drilling and exploration.

    The proposed West Harrison Bay Unit comprises 18 leases in West ­Harrison Bay approximately 34 miles northwest of the Colville River Unit. Shell holds 100% working interest in those 18 leases, covering more than 78,000 acres in the proposed unit. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell to axe refining plants and focus on dividends and debt reduction

    Shell to axe refining plants and focus on dividends and debt reduction

    Philip Whiterow: 07:31 Thu 29 Oct 2020

    Royal Dutch Shell PLC (LON:RDSB) has unveiled a huge restructuring of its refining and chemical operations as part of a strategic overhaul that places dividends at its centre.

    The Anglo-Dutch giant said its fourteen refining sites will be reduced to six integrated chemical parks, with a switch in focus to performance chemicals and recycled feedstocks.

    Shell’s marketing arm will also be strengthened with the development of the integrated power business and hydrogen and biofuels. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell Sabah Meltdown

    Shell’s decision to check in, check out unfair Photo Credit: Borneo360.com

    Published on: Sunday, October 25, 2020

    SHELL announced on Oct 15, 2020 that the Plaza Shell Office in Kota Kinabalu will be closed with a relocation of all Sabah staff to Miri new Headquarters in 2021.

    The Kota Kinabalu office was set up in November 2015 with promises of Shell’s significance presence, strategic partnership and offer of measurable progress for Sabah. This change of commitments, a sad truth on change of event draws much reservation, suspicion and unveils unprecedented break of promises from Shell to Sabah, its people and communities. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    OPL 245: Nigeria hires London-based firm to lead dispute with Eni

    OPL 245: Nigeria hires London-based firm to lead dispute with Eni

    Nigeria has hired the services of Franklin Wyatt, a London-based consultancy company, to provide legal advice in a dispute with Eni, an Italian oil and gas company.

    Franklin Wyatt, according to information on its website, specialises in dispute consultancy by providing advise beyond legal perspectives.

    There is an age-long dispute between Eni and Nigeria over oil prospecting licence (OPL) 245 deal.

    The oil deal dates back to 2011, when Shell and Eni acquired the massively rich OPL 245 for over $1.3 billion — paying $1.1 billion to take over 100 percent of Malabu’s interest and $210 million to the federal government as signature bonus. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell hires Orsted’s Brostrom to lead global renewables unit

    Shell hires Orsted’s Brostrom to lead global renewables unit

    By Reuters Staff: October 23, 2020 read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    The Big Oil Side Hustle: Where ‘Renewable’ Money Is Really Going

    The Big Oil Side Hustle: Where ‘Renewable’ Money Is Really Going

    By Alex Kimani – Oct 20, 2020, 6:00 PM CDT

    In 2016, Shell set an ambitious goal to invest $4bn to $6bn in clean energy projects by 2020, though the Guardian recently reported that it was unlikely to meet that target. So, why is Big Oil still dragging its feet…

    Every time an oil and gas major announces a major foray into renewable energy, the skeptics come out like clockwork and lambast the sector for merely trying to burnish its green credentials. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Nigeria Repays Dues To Oil Majors

    Nigeria Repays Dues To Oil Majors

    By Tsvetana Paraskova – Oct 20, 2020, 12:30 PM CDT

    The Nigerian National Petroleum Corporation (NNPC) has repaid most of the arrears it owes to international oil companies for joint venture operating expenses, recently repaying US$3 billion to Exxon and Shell, Bloomberg reported on Tuesday, citing a statement from the Nigerian state oil firm.

    NNPC works in joint ventures with the major international oil producers in Nigeria, including ExxonMobil, Chevron, Shell, Total, and Eni. However, the stretched finances of the Nigerian company has led to arrears in its payments for contributions to the operating expenses of those joint ventures. read more

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    Oil Majors Stuck Between A Rock And A Hard Place

    Oil Majors Stuck Between A Rock And A Hard Place

    By Andreas De Vries – Oct 18, 2020, 6:00 PM CDT

    Extracts

    The past few years have been historic for as far as crude oil forecasts are concerned. Back in 2015 the view that crude oil demand could peak during the 2020s or 2030s was still met with disbelief (and some ridicule…). Economic growth had been pushing crude oil demand up ever year for decades already, so why would things become different, so the reasoning went. Today, however, essentially all major energy forecasters, including BPShellTotalDNV-GL, the IEA and even OPEC, have come round and acknowledge Peak Oil Demand as a realistic possibility. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell takes Sarnia Manufacturing Centre off the market

    Shell takes Sarnia Manufacturing Centre off the market

    Shell Canada is no longer actively pursuing the sale of its Sarnia Manufacturing Centre.

    Media Relations Manager Tara Lemay made the announcement in a news release Thursday.

    “We have decided to stop actively marketing the Sarnia Manufacturing Centre and its associated infrastructure which includes the refinery, chemicals plant, Sarnia and Hamilton Distribution terminals and Shell’s 45 per cent interest in Sun-Canadian Pipeline” said Lemay. “Shell will continue to operate these assets while maintaining our marketing presence in Ontario and continuing to honour branded supply and wholesale agreements.” read more

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    Workers removed from North Sea platform after colleague tests positive for Covid-19

    Workers removed from North Sea platform after colleague tests positive for Covid-19

    More than a dozen workers have been removed from a North Sea platform after a colleague tested positive for Covid-19.

    Energy giant Shell confirmed that a crew member, who was demobilised from the Nelson platform on Friday, subsequently tested positive for the virus.

    Contact tracing then found another 14 people had come into close contact with the individual, who were all removed from the installation on Sunday as a precaution. read more

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    FROM LEADER TO LAGGARD

    FINANCIAL TIMES

    Shell slims down to shape up for the energy transition

    …the Anglo-Dutch group has been forced into previously unthinkable moves, change and scrutiny of its capital allocation plans mount, is scrambling to come up with an updated plan. In the meantime, it is cutting costs and streamlining.

    On Wednesday it offered a glimpse into Project Reshape, its organisational restructuring in which up to 9,000 jobs will be cut from its 83,000-strong workforce to save $2.5bn a year.

    All Shell is thinking about is how do we maintain our position as a market leader in every sense — from climate action to staying competitive in the oil and gas space,”one company insider said. “The fear is that we go from being a leader to a laggard. read more

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    Shell Plans to Divest Oil Drilling Rights off North Alaska Coast

    Shell Plans to Divest Oil Drilling Rights off North Alaska Coast

    Sept. 24, 2020, 10:40 PM Jennifer A. Dlouhy: Bloomberg News

    Shell Oil is planning to divest — not drill — an oil prospect in shallow state waters off Alaska’s northern coast, despite a recent filing with regulators, spokesman Curtis Smith said.

    Shell Offshore Inc. had asked state regulators to combine 18 shallow-water leases and create the West Harrison Bay Unit “in order to pursue a commercial agreement with an alternative operator,” Smith said by email

    “Shell has no intention to operate these leases, which were originally purchased in 2012 and are due to expire in 2022” read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    U.S. and European Oil Giants Go Different Ways on Climate Change

    U.S. and European Oil Giants Go Different Ways on Climate Change

    While BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.

    By Sept. 21, 2020, 5:00 a.m. ET 

    HOUSTON — As oil prices plunge and concerns about climate change grow, BP, Royal Dutch Shell and other European energy companies are selling off oil fields, planning a sharp reduction in emissions and investing billions in renewable energy.

    The American oil giants Chevron and Exxon Mobil are going in a far different direction. They are doubling down on oil and natural gas and investing what amounts to pocket change in innovative climate-oriented efforts like small nuclear power plants and devices that suck carbon out of the air. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell files offshore drilling plans for Alaska’s North Slope

    Shell files offshore drilling plans for Alaska’s North Slope

    17 Sept 2020

    ANCHORAGE, Alaska (AP) — Shell Offshore Inc. has submitted plans to plans to drill for oil in the waters along the National Petroleum Reserve-Alaska in the coming years.

    The Dutch oil industry giant applied to form the West Harrison Bay Unit to explore in state waters off the North Slope region, The Alaska Journal of Commerce reported Wednesday.

    Documents submitted to the state Division of Oil and Gas said Shell has attempted to find a partner to work on the West Harrison Bay leases for at least a year. read more

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    Kosmos Energy to sell some exploration assets to Shell

    COMMODITIES: SEPTEMBER 9, 2020 / 8:01 AM

    Kosmos Energy to sell some exploration assets to Shell

    (Reuters) – Oil and gas producer Kosmos Energy said on Wednesday it agreed to sell certain exploration assets in Africa and South America to a unit of Royal Dutch Shell for up to $200 million.

    Shell will acquire the company’s participating interest in blocks offshore São Tomé and Príncipe, Suriname, Namibia and South Africa, Kosmos said in a statement.

    Kosmos said it plans to use up to one-third of the initial sale proceeds of $100 million to test two high-quality infrastructure-led exploration prospects in the Gulf of Mexico. read more

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    Ken Saro Wiwa Resurrection: Spirit of the Ogoni

    Press release 7th September 2020

    Ken Saro Wiwa Resurrection: Spirit of the Ogoni

    November the 10th 2020 is the commemoration of the 25th anniversary of the execution of the environmentalist, author Ken Saro Wiwa and 8 others who became known as the Ogoni 9.

    More than 25 years ago Filmmaker Nathan Achim Sheppard filmed and conducted an in-depth interview at Ken’s home in London about his life, work and struggle.

    Literally a few hours before his final journey to Nigeria never to return.

    In this interview Ken also directs his daughter reading a moving passage from one of his books. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Malabu Oil Deal: Canadian judge dismisses suit challenging Nigeria’s grounding of Etete’s jet

    Malabu Oil Deal: Canadian judge dismisses suit challenging Nigeria’s grounding of Etete’s jet

    A Canadian judge on Thursday dismissed an application seeking leave to appeal the judgement that confirmed the grounding of a luxury private jet purchased by a former Nigerian oil minister, Dan Etete, with some of the alleged proceeds of the controversial $1.3 billion Malabu OPL245 oil deal.

    The suit was filed before the court by Tibit Limited, an anonymously owned company incorporated in the British Virgin Islands (BVI), claiming ownership of the jet. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    A Glut of Refineries Is the Oil Industry’s Next Problem

    A Glut of Refineries Is the Oil Industry’s Next Problem

    New capacity in the developing world is making European plants that turn oil into gasoline and other products obsolete

    By Rochelle Toplensky: Sept. 3, 2020 5:03 am ET

    This year’s oil glut is already receding. It is a shame that can’t be said of the global glut of oil refineries, which is only getting worse.

    Europe in particular has long had too many oil refineries, but the pandemic-induced fall in energy demand has ramped up pressure to resolve the problem. For the region’s big oil producers—already reeling after a flood of excess oil pushed some prices below zero in April—a few aging assets are likely in line for a makeover. Others could be destined for the scrap heap. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell to raise investment plan for Mexican ultra-deepwater field to $345M

    Shell to raise investment plan for Mexican ultra-deepwater field to $345M

    Aug. 28, 2020 5:43 PM ET|About: Royal Dutch Shell plc (RDS.A)|By: , SA News Editor

    Mexico’s National Hydrocarbons Commission approves Royal Dutch Shell’s (RDS.ARDS.B) request to carry out all permitted activities in its exploration plan for the ultra-deepwater Xochicalco oilfield in the Gulf of Mexico.

    Shell will drill a well at depths of five miles trying to reach a Wilcox formation, with prospective reserves of as much as 562M boe, boosting its investment in the play to $345.8M from $104M in the original exploration plan, which was first approved in June 2019. read more

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    Libra Consortium takes final investment decision on Mero-3 FPSO in Brazil’s pre-salt

    Libra Consortium takes final investment decision on Mero-3 FPSO in Brazil’s pre-salt

    RIO DE JANEIROAug. 25, 2020 /PRNewswire/ — Shell announced today a final investment decision taken by the Libra Consortium, operated by Petrobras, to contract the Mero-3 floating production, storage and offloading (FPSO) vessel to be deployed at the Mero field within the offshore Santos Basin in Brazil.

    This is the third production system to be deployed in the Mero field, with final investment decisions to contract the Mero-1 and Mero-2 FPSOs already taken.  Each unit has a daily operational capacity rate of 180,000 barrels of oil equivalent, with production coming online over the next four years. The Pioneiro de Libra FPSO (50,000 barrels of oil equivalent/day) has been producing at Mero since 2017 and is a key source of information for the consortium to aid further development and productivity of the field, reservoir and wells. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell to begin seismic work on North Sea gas discoveries next year

    Shell to begin seismic work on North Sea gas discoveries next year

    :

    It comes as the energy giant took over operatorship of the licences from Egdon Resources, farming in with 70% interest in both.

    Under the deal, Shell will pay 85% of the costs for acquiring and processing the 3D seismic survey, which needs to completed by May 31 2021 under the terms of the licenses.

    Shell will meet these costs up to $5million, at which point Egdon will be responsible for 30% of survey. read more

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    INSIGHT- In the run-up to U.S. election, drilling lobby promotes natural gas as ‘clean’

    INSIGHT- In the run-up to U.S. election, drilling lobby promotes natural gas as “clean”

    By Valerie Volcovici, Andrew R.C. Marshall and Matthew Green: AUGUST 18, 2020

    WASHINGTON/LONDON, Aug 18 (Reuters) – America’s biggest oil and gas lobby group is ramping up its advertising spending ahead of the November election to persuade voters that natural gas is a climate-friendly fuel, according to ad buying data.

    The campaign by the American Petroleum Institute (API), targeted at younger voters and some tight congressional races, is part of a global battle by the drilling industry to assuage growing fears over the role of natural gas in driving climate change. read more

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