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North Sea gas: Government balancing on environmental tightrope as Shell plans drilling in Jackdaw field

sky news

North Sea gas: Government balancing on environmental tightrope as Shell plans drilling in Jackdaw field

: Climate change correspondent

Tuesday, 11 Jan 2022

Deep in the North Sea, 150 miles directly east of Aberdeen, lies an enormous and as yet undrilled gas field called Jackdaw.

Its owner Shell has described the field as “critical” to its North Sea strategy.

In October 2021 the government’s environmental regulator for the offshore fossil fuel industry rejected Shell’s plans to drill on as-yet unspecified environmental grounds.

But Europe’s largest oil and gas group isn’t giving up, submitting revised proposals and, as a spokesperson told Sky News, continuing to “work with the regulator to explore options around developing the Jackdaw field”. read more

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UK oil and gas giants raked in £10BILLION in just THREE months as energy bills soar

Mirror

UK oil and gas giants raked in £10BILLION in just THREE months as energy bills soar

By Ben Glaze Deputy Political Editor: Pippa Crerar Daily Mirror Political Editor: 7 Jan 2022

Shell and BP reported the combined profits, dividends and buybacks just as wholesale gas prices began to soar. The two firms have had £660 million in tax credits in the last five years

The UK’s biggest oil and gas companies raked in £10.2billion in just three months last year, figures reveal.

Shell and BP reported the combined profits, dividends and buybacks just as wholesale gas prices began to soar. 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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NGOs Say Refugees on Shell Oil Platform Returned to Tunisian Navy

The Maritime Executive

NGOs Say Refugees on Shell Oil Platform Returned to Tunisian Navy

Published Jan 4, 2022

Several NGOs operating rescue operations in the Mediterranean are accusing oil industry giant Shell and the government of Malta of a failure to properly safeguard approximately 70 refugees who had sought refuge in bad weather at a Shell-operated oil platform in the Mediterranean. The refugees were removed from the platform by a Tunisian naval vessel and according to the NGOs are being returned to unsafe circumstances in Africa. read more

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South Africa court rules against Shell, orders company halt seismic survey

FOX BUSINESS

South Africa court rules against Shell, orders company halt seismic survey

By  FOXBusiness: 29 Dec 2021

A South African court has blocked Shell’s seismic survey along the country’s eastern coastline, handing environmentalists a strong victory against the oil company.

The survey aimed to examine a 155-mile stretch of coastline in Eastern Cape Province. The seismic blasting process involves firing high-powered air guns every 10 seconds and measuring the echoes to detect cavities under the sea bed. read more

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Shell considers Russia important region of presence in energy transition period

Tass

Shell considers Russia important region of presence in energy transition period

MOSCOW, December 22. /TASS/. Shell considers it important to keep its oil and gas assets in Russia in the period of energy transition as the consumption of traditional energy resources globally will be rising in coming decades, Country Chair Shell Russia Ekaterina Grushetskaya said in an interview with TASS.

“In the era of energy transition Russia remains a very important country for Shell, both in the upstream and downstream segments,” she said. Shell is implementing the program for reaching carbon neutrality by 2050, Grushetskaya said, adding that the company believes “the necessity to produce traditional resources exists, and it will persist for decades.” 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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Shell joint venture Mayflower Wind granted right to power Massachusetts residents with additional renewable wind energy

CISION PR Newswire

Shell joint venture Mayflower Wind granted right to power Massachusetts residents with additional renewable wind energy

NEWS PROVIDED BY

Shell : Dec 17, 2021, 15:00 ET

HOUSTONDec. 17, 2021 /PRNewswire/ — Mayflower Wind Energy LLC (Mayflower), the 50-50 joint venture between Shell New Energies US LLC (Shell) and OW North America LLC, has been awarded the right to provide 400 MW of offshore wind energy by the Commonwealth of Massachusetts and its three biggest utilities as part of Massachusetts’ 83C III offshore wind energy procurement. Combined with its power purchase agreement of 804 MW awarded in 2019 from the 83C II procurement round, Mayflower could deliver more than 1200 MW of clean energy to electricity customers throughout Massachusetts and New England. That is enough energy each day to power over half a million homes and businesses. read more

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Shell expands U.S. solar footprint with Savion acquisition

HOUSTON CHRONICLE

Shell expands U.S. solar footprint with Savion acquisition

Dec. 14, 2021 Updated: Dec. 14, 2021 8:58 a.m.

Royal Dutch Shell plans to acquire solar and battery storage company Savion, expanding its renewable energy footprint in the U.S. as oil giants face mounting pressure to change their business models and address climate change.

Shell New Energies U.S. LLC, a subsidiary of the European oil major, on Tuesday said it will purchase Kansas City-based Savion from investment bank Macquarie’s Green Investment Group. The acquisition is expected to close by the end of the year. Financial terms were not immediately disclosed. read more

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Shell slapped with a fresh interdict over Wild Coast seismic survey

The Citizen

Shell slapped with a fresh interdict over Wild Coast seismic survey

The interdict application will be heard before Govindjee in the Makhanda High Court on 14 December. 

Petroleum giant Royal Dutch Shell is set to face another urgent interdict by a second batch of environmental organisations, in an attempt to halt the 3D seismic survey currently underway along the Wild Coast.

This time, the application is being brought forward by the Amadiba Crisis Committee (ACC) and Sustaining the Wild Coast.

The first application, which was dismissed in the Makhanda High Court last week, involved Natural Justice, Greenpeace Africa, Border Deep Sea Angling Association and Kei Mouth Ski Boat Club. read more

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Shell to go ahead with seismic tests in whale breeding grounds after court win

The Guardian

Shell to go ahead with seismic tests in whale breeding grounds after court win

Judgment rules company can blast sound waves in search for oil along South Africa’s eastern coastline

Jillian Ambrose Energy correspondent: Fri 3 Dec 2021 10.45 GMT

Royal Dutch Shell will move ahead with seismic tests to explore for oil in vital whale breeding grounds along South Africa’s eastern coastline after a court dismissed an 11th-hour legal challenge by environmental groups.

The judgment, by a South African high court, allows Shell to begin firing within days extremely loud sound waves through the relatively untouched marine environment of the Wild Coast, which is home to whales, dolphins and seals. read more

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Shell scraps plans to develop Cambo North Sea oilfield

CNN

Shell scraps plans to develop Cambo North Sea oilfield

Story by Reuters: Updated 2232 GMT (0632 HKT) December 2, 2021

Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oilfield in the British North Sea, which became a lightning rod for climate activists seeking to halt the development of new oil and gas resources.

Following “comprehensive screening” of the Cambo field, Shell “concluded the economic case for investment in this project is not strong enough at this time, as well as having the potential for delays,” the company said in a statement. read more

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Shell pulls out of Cambo oilfield project

The Guardian

Shell pulls out of Cambo oilfield project

Green campaigners welcome oil giant’s decision not to go ahead with controversial project off Shetland

Fiona Harvey Environment correspondent: Thu 2 Dec 2021

Shell has pulled out of a controversial new oilfield off the Shetland Islands, plunging the future of oil exploration in the area into doubt.

Shell, which was planning to exploit the field along with the private equity-backed fossil fuel explorer Siccar Point, cited a weak economic case as its reason for deciding not to go ahead with the project. read more

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Shell completes sale of its Permian business to ConocoPhillips

Shell completes sale of its Permian business to ConocoPhillips

NEWS PROVIDED BY

Shell 

Dec 01, 2021, 16:15 ET

HOUSTONDec. 1, 2021 /PRNewswire/ — Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plchas completed the sale of its interest in the Permian to ConocoPhillips for $9.5 billion in cash. The agreement covers the sale of Shell’s 225k net acres and existing production of around 175 thousand barrels equivalent per day.

As noted in the announcement of the agreement for the sale of Shell’s Permian business, this deal reflects Shell’s focus on value over volumes as well as disciplined stewardship of capital. This transaction was made possible by the Permian team’s outstanding operational performance and provides excellent value to our shareholders through accelerated cash delivery and additional distributions. read more

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Shell completes sale of its Permian business to ConocoPhillips

Shell completes sale of its Permian business to ConocoPhillips

Wed, December 1, 2021, 9:18 PM

HOUSTON (December 1, 2021) – Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plchas completed the sale of its interest in the Permian to ConocoPhillips for $9.5 billion in cash. The agreement covers the sale of Shell’s 225k net acres and existing production of around 175 thousand barrels equivalent per day.

As noted in the announcement of the agreement for the sale of Shell’s Permian business, this deal reflects Shell’s focus on value over volumes as well as disciplined stewardship of capital. This transaction was made possible by the Permian team’s outstanding operational performance and provides excellent value to our shareholders through accelerated cash delivery and additional distributions. 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 Seismic Surveying: What’s all the fuss about?

Shell Seismic Surveying: What’s all the fuss about?

By Dominic Naidoo: 28 Nov 2021  iol.co.za news

Dutch energy giant, Shell, will soon be embarking on four to five months of geographic seismic surveying off the coast of the Eastern Cape and parts of the Western Cape provinces.

Thousands of South Africans are protesting against the planned survey with demonstrations taking place around the country and an online petition which garnered around 286 000 signatures as of Thursday morning.

But what is all the fuss about? What exactly is seismic surveying and why is it bad for the marine environment? read more

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‘Disgusted’ Powershop customers abandon ship over Shell takeover

THE NEW DAILY

‘Disgusted’ Powershop customers abandon ship over Shell takeover

: November 23, 2021

When oil giant Shell announced it was buying renewable electricity provider Powershop Australia on Monday, many of its 185,000 customers instantly switched providers.

Powershop Australia launched in 2012 and had gained a reputation for being 100 per cent carbon neutral – a credential many now see as tainted by the Shell acquisition.

“I was just disgusted and amazed that they thought they could get away with that, without people caring or noticing,” former customer Kristen O’Connell told The New Daily. read more

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Shell buys 51% stake in Irish floating offshore wind project

RTE

Shell buys 51% stake in Irish floating offshore wind project

Updated / Thursday, 18 Nov 2021 15:38 Royal Dutch Shell said today it had acquired a 51% stake in an floating wind project off the west coast of Ireland aiming to develop up to 1.35 gigawatt in electricity capacity.

Shell bought the stake in the Western Star venture from Irish developer Simply Blue Group for an undisclosed sum.

Floating offshore wind technology is still in its infancy but has the potential to unlock vast power resources in deep waters.

The Western Star Project will be located at least 35km off the west coast of Co Clare and will have a total capacity of 1.35 GW, enough to power 1,145,000 homes in Ireland.

The floating technology proposed for this project will allow the turbines to be located far from shore and in waters over 100m deep. read more

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Pollution experts refuse to let Science Museum feature work over Shell links

The Guardian

Pollution experts refuse to let Science Museum feature work over Shell links

Matthew Taylor: Tue 16 Nov 2021 10.47 GMT

Two prominent scientists are refusing to allow their work to be included in the Science Museum’s collection because of the institution’s links to Shell.

Steve and Dee Allen, who have carried out some of the most important research into global plastic pollution, say the museum’s sponsorship deal with the fossil fuel company – and a subsequent “gagging clause” – meant it was no longer a credible scientific institution. read more

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Brexit Britain paves way for Frexit as French admit jealousy after Shell moves to UK

EXPRESS

Brexit Britain paves way for Frexit as French admit jealousy after Shell moves to UK

BREXIT BRITAIN may have just paved the way for Frexit and added momentum to calls for France to leave the European Union after the French admitted jealousy over oil giant Shell’s major shift to the UK.

By PAUL WITHERS: 11:42, Tue, Nov 16, 2021 | UPDATED: 16:58, Tue, Nov 16, 2021 In a huge win for Brexit Britain, Royal Dutch Shell is scrapping its dual share structure and moving its head office to Britain from the Netherlands. The company is dropping “Royal Dutch” from its name – part of its identity since 1907 – to become Shell Plc. The firm has been embroiled in a row with Dutch authorities over the country’s 15 percent dividend withholding tax on some of its shares, which makes them less attractive for investors.

The new single structure with all shares under British law means none of its shares would be under this tax and will also enable the oil giant to quickly strike sale and acquisition deals.

The Dutch government responded by saying it was “unpleasantly surprised” by Shell’s decision to move its head office from The Hague to London.

The move is seen as a huge vote of confidence in the City of London following the UK’s departure from the EU, which triggered a shift in billions of euros in daily share trading from the English capital to Amsterdam. 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
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Dutch government only has itself to blame for Shell move to UK

sky news

Dutch government only has itself to blame for Shell move to UK

Sky’s Ian King explains why shareholders are welcoming Shell’s decision to follow Unilever and RELX in moving away from Dutch controls, confirming the end of “royal” and “Dutch” in its name.

They’re only two little words – but they are symbolic of a huge shift at one of the world’s most important companies.

If its management gets its way, following a shareholder vote, Royal Dutch Shell will become plain Shell. read more

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Shell plans to move headquarters to the UK

BBC News

Shell plans to move headquarters to the UK

15 Nov 2021

Royal Dutch Shell has announced a plan to move its headquarters to the UK as part of proposals to simplify the company’s structure.

The oil giant will ask shareholders to vote on shifting its tax residence from the Netherlands to the UK.

It also wants to do away with its dual share structure in favour of just one class of shares to boost “the speed and flexibility” of shareholder payouts.

Shell’s chief executive, Ben van Beurden, will relocate to the UK. read more

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U.S. House panel subpoenas Big Oil in climate deception probe

U.S. House panel subpoenas Big Oil in climate deception probe

By 

WASHINGTON, Nov 2 (Reuters) – The head of a U.S. House panel on Tuesday subpoenaed four major oil companies and two lobbying groups for documents related to their actions on global warming as part of a year-long probe into potential climate deception by the energy industry.

Representative Carolyn Maloney, a Democrat and the chairwoman of the House Committee on Oversight and Reform, issued subpoenas to Exxon Mobil Corp (XOM.N), Chevron Corp (CVX.N), BP America (BP.L) and Shell Oil (RDSa.L), and to industry body the American Petroleum Institute (API) and the U.S. Chamber of Commerce. read more

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Shell completes sale of Washington Puget Sound refinery to HollyFrontier

CISION

Shell completes sale of Washington Puget Sound refinery to HollyFrontier

NEWS PROVIDED BY

Shell Oil Company 

Nov 01, 2021, 15:17 ET

HOUSTONNov. 1, 2021 /PRNewswire/ — Equilon Enterprises LLC d/b/a Shell Oil Products U.S. (Shell), a subsidiary of Royal Dutch Shell plc, has completed the sale of its Puget Sound Refinery near Anacortes, Washington to a subsidiary of HollyFrontier Corporation, an independent refiner headquartered in Texas (HollyFrontier), for $350 million in cash plus the value of the hydrocarbon inventory, subject to customary closing adjustments. The agreement covers the sale of Shell’s Puget Sound Refinery, the on-site cogeneration facility and the associated logistics infrastructure. Shell will retain product offtake agreements to support its existing retail marketing business in the Pacific Northwest. Shell’s off-site logistics assets are excluded from the sale. read more

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Shell: Splitting Up Oil, Renewables Won’t Work

OILPRICE.COM

Shell: Splitting Up Oil, Renewables Won’t Work

By Tom Kool – Oct 28, 2021, 8:30 AM CDT

Splitting up Shell’s oil and renewables divisions would not work as the supermajor’s strength is the integration and funding new energy solutions with the earnings from the legacy business, the company’s top executives said on Thursday, a day after an activist investor called for breaking up the major into separate companies.

Activist investor Third Point built a position in Shell in the second and third quarters, and said on Wednesday that it would be beneficial for Shell to split off its LNG and renewables divisions, leaving Shell’s upstream, refining, and chemicals operations to be separated from the greener divisions. read more

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Shell sets new goal to cut emissions

“Royal Dutch Shell has rejected calls to break itself up”

The Times

Shell sets new goal to cut emissions

Emily Gosden, Energy Editor: The Times

Royal Dutch Shell has rejected calls to break itself up as it set a new emissions reduction goal in an attempt to please environmental critics.

Ben van Beurden, chief executive of the Anglo-Dutch oil major, insisted that it was better able to serve the energy transition as an integrated company using its oil and gas profits to fund low-carbon investments. read more

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Nigerian President mulls posthumous pardon for Ogoni 9

…the group, which became known as Ogoni 9 were activists from the Ogoni region who opposed the operating practices of the Royal Dutch Shell oil corporation…

Vanguard

Buhari mulls posthumous pardon for Saro-Wiwa, 8 others

By Johnbosco Agbakwuru

PRESIDENT Muhammadu Buhari on Friday, hinted of a possible state posthumous pardon for the late environmental activist, Ken Saro Wiwa and others executed  in the height of the Ogoni crisis in the 1990s.

President Buhari has also assured of completion of segment of the East-West road traversing Ogoni land. read more

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Big Oil to attend U.S. House climate disinformation hearing

Reuters

Big Oil to attend U.S. House climate disinformation hearing

WASHINGTON, Oct 22 (Reuters) – Top executives from Exxon Mobil Corp, BP America, Chevron Corp and Shell Oil will testify on Oct. 28 at a congressional hearing examining whether the fossil fuel industry led an effort to mislead the public and prevent action to curb climate change warming, a House panel said on Friday.

Reporting Valerie Volcovici, Timothy Gardner and Doina Chiacu; Editing by Bill Berkrot read more

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Consumer Champion Joe Lycett vs the Oil Giant Shell

The consumer champion will release an hour-long Channel 4 special to mark the COP26  United Nations Climate Change Conference

By Steve Hughes Francesca Librae
  • 22:34, 18 OCT 2021

The outlandish star recently made headlines after he danced and showed a parody advert outside oil giant Shell’s offices in London to raise awareness about “greenwashing”.

The star, who is a regularly on British comedy panel shows such as, Never Mind the Buzzcocks and 8 Out of 10 Cats, arrived outside the offices in a yellow bus painted with a mural of a mock Shell advert featuring the caption “We’re turning our carbon emissions green for earth day”. read more

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Joe Lycett to tackle greenwashing for Channel 4

Joe Lycett to tackle greenwashing for Channel 4

By Harry Bennett: Monday, 11th October 2021

Lycett will focus on the energy giant Shell and their marketing as they continue to search for new oil reserves.

In May 2021, the International Energy Agency published a report that outlined a plan to reach net zero emissions by 2050, including a call for an end to the exploration and development of new oil fields.

That same month, the District Court in The Hague judged that Shell’s parent company, Royal Dutch Shell, currently “disregards its individual responsibility” to reduce its overall emissions. It ordered the group to start reducing them by 45% by 2030, but they confirmed in July 2021 that they will appeal the ruling. read more

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Shell starts production at Shell New Energies Junction City, its first US renewable natural gas facility

CISION

Shell starts production at Shell New Energies Junction City, its first US renewable natural gas facility

Tue, September 28, 2021

JUNCTION CITY, Ore.Sept. 28, 2021 /PRNewswire/ — Shell Oil Products US, a subsidiary of Royal Dutch Shell plc, has successfully achieved startup and production of renewable natural gas (RNG) at its first US biomethane facility, Shell New Energies Junction City in Oregon. The facility utilizes locally sourced cow manure and excess agricultural residues to produce an expected 736,000 MMBtu a year of RNG. This milestone is part of a growing portfolio of developing RNG production and distribution assets supporting low-carbon intensity renewable compressed natural gas (R-CNG) as fuel for heavy-duty, on-road transport.

Biomethane has a significant role to play in the energy transition, and this achievement advances our strategy as we work to reduce emissions from the fuels and other energy products we sell,” said Carlos Maurer, Executive Vice President Sectors and Decarbonization at Shell. “We are excited to offer renewable compressed natural gas as a low-carbon fuel choice for our customers.”

Shell is developing additional RNG production facilities to be located directly within operating dairies. Shell Downstream Galloway at the High Plains Ponderosa Dairy in Plains, Kansas and Shell Downstream Bovarius at the Bettencourt Dairies in Wendell, Idaho are part of this expanding biofuels portfolio utilizing cow manure as feedstock. Together, these two dairy RNG facilities can produce approximately 900,000 MMBtu a year of negative carbon intensity RNG.

Production from Shell New Energies Junction City, Shell Downstream Galloway and Shell Downstream Bovarius is expected to help supply Shell R-CNG fueling sites planned at the company’s product distribution complexes in CarsonVan NuysSignal Hill, and San Jose, California, and at a terminal in Portland, Oregon, owned by Shell Midstream Partners L.P. R-CNG offers an attractive alternative for fleets to lower their carbon footprint compared to conventional diesel fuel. Providing 100 percent R-CNG for customers would allow these fueling sites to substantially decarbonize product movements out of the terminals. read more

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Shell exits Permian with $9.5 bln Texas shale sale to ConocoPhillips

Shell exits Permian with $9.5 bln Texas shale sale to ConocoPhillips

Reuters

Royal Dutch Shell said on Monday it would sell its Permian Basin assets to ConocoPhillips for $9.5 billion in cash, an exit from the largest U.S. oilfield for the energy major shifting its focus to the clean energy transition.

For ConocoPhillips, it is the second sizable acquisition in a year in the heart of the U.S. shale industry, as American and European producers diverge in whether to focus on hydrocarbons going forward. read more

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

REUTERS:

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

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

LONDON — Royal Dutch Shell plans to start producing low-carbon jet fuel at scale by 2025, in an attempt to encourage the world’s airlines to reduce greenhouse gas emissions.

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

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Shell to build Dutch biofuels plant in net-zero push

Photo Credit: Photographic Services, Shell International Limited.

REUTERS

Shell to build Dutch biofuels plant in net-zero push

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.

Reporting by Siddarth S in Bengaluru; Editing by Aditya Soni FULL ARTICLE
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Vermont sues 4 oil companies, alleges false info on climate

The Washington Post:

Vermont sues 4 oil companies, alleges false info on climate

By Wilson Ring | AP: 14 Sept 2021 at 2:22 p.m. EDT

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

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Royal Dutch Shell to weigh vaccine mandate, firing staff on resistance

Seeking Alpha

Royal Dutch Shell to weigh vaccine mandate, firing staff on resistance

Sep. 09, 2021 11:22 AM ET Royal Dutch Shell plc (RDS.A)Royal Dutch Shell plc (RDS.B)By: Niloofer ShaikhSA News Editor 30 Comments

  • Royal Dutch Shell (RDS.A +0.2%) is considering whether to make it mandatory for workers in some operations to get COVID-19 vaccinations or fire them on refusal – Reuters.
  • The energy company, employing some 86,000 workers in more than 70 countries, will weigh the pros and cons of the policy at an executive committee meeting today.
  • The company is also actively exploring the introduction of the policy for offshore workers in the Gulf of Mexico.
  • The company has already adopted a “soft enforcement” vaccination policy in the Gulf of Mexico and in the onshore Permian shale basin operations under which employees and contractors must produce a negative COVID-19 test or proof of vaccination to access Shell sites.
  • read more

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    Code red for humanity?

    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

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    Extinction Rebellion activists glued to Science Museum site in Shell protest

    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

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    Merger Mania Is Over: Oil Deals To See Quietest Year In Decades

    OILPRICE.COM

    Merger Mania Is Over: Oil Deals To See Quietest Year In Decades

    Extracts

    Sir Winston Churchill once admonished leaders to never let a good crisis go to waste, and Big Oil has rarely failed to heed the advice. Under normal circumstances, energy downturns have created perfect opportunities for deep-pocketed oil and gas heavyweights to land prime assets on the cheap. A good case in point: the last oil bust of 2016 was followed by a sizable number of huge M&A deals in the sector including the $60B tie-up between Royal Dutch Shell (NYSE:RDS.A) and BG Group, Canadian Oil Sands and Suncor EnergyEnergy, as well as a handful that fell through including the proposed merger between Halliburton (NYSE:HAL) and Baker Hughes (NYSE:BKR). read more

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    Malabu Oil Scam: Groups hail appeals against acquittal of Shell, Eni

    Premium Times

    Malabu Oil Scam: Groups hail appeals against acquittal of Shell, Eni

    By Kunle Sanni: August 18, 2021

    Three anti-corruption groups have applauded the appeals lodged by Milan prosecutors against the acquittal of Shell, Eni and 13 other defendants accused of corruption in the acquisition of Nigeria’s OPL 245 offshore oilfield.

    Human and Environmental Development Agenda, (HEDA), Re: Common, and Corner House described the development as a welcome development in their joint statement on Tuesday.

    The statement was signed by Lanre Suraj of HEDA, Nicholas Hildyard of The Corner House, and Antonio Tricarico of Re: Common. read more

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    U.S. Gulf of Mexico oil producers consolidation accelerates

    REUTERS

    U.S. Gulf of Mexico oil producers consolidation accelerates

    HOUSTON (Reuters) – Oil and gas producers in U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government data shows, as crashing prices squeezed out smaller drillers who had been seen as the industry’s future.

    The top 10 producers – led by Royal Dutch Shell, BP Plc and Chevron – this year pumped 86% of the region’s 1.6 million barrels per day (bpd), up about 11 percentage points since 2017, data from regulator Bureau of Safety and Environmental Enforcement (BSEE) shows. read more

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    Nigeria: Oil Spillages – After 31 Years of Legal Battles Shell Agrees to Pay Ogoni N45bn

    12 August 2021

    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

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    Shell to pay $111m over decades-old oil spills in Nigeria

    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

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    UK Litigation Against Royal Dutch Shell Plc

    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

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    Science Museum under fire for signing a ‘gagging clause’ in Shell sponsorship deal

    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

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

    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

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    Shell greenlights Gulf of Mexico ‘Whale’ oilfield project

    Reuters

    Shell greenlights Gulf of Mexico ‘Whale’ oilfield project

    LONDON, July 26 (Reuters) – Royal Dutch Shell (RDSa.L) announced plans on Monday to develop a new oilfield in the Gulf of Mexico, its first major project to get the go-ahead since a Dutch court ordered the energy company to accelerate its carbon emissions reduction targets.

    Reporting by Ron Bousso; Editing by Edmund Blair and Barbara Lewis FULL ARTICLE
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    Shell CEO Says Company Will Appeal Climate Ruling

    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

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