Royal Dutch Shell Group .com Rotating Header Image

Shell

Energy giant Shell to end partnership with Russia’s Gazprom as Ukraine conflict intensifies

CNBC

Energy giant Shell to end partnership with Russia’s Gazprom as Ukraine conflict intensifies

Fred Imbert@FOIMBERT KEY POINTS
  • Shell said it’s selling a 27.5% stake in Sakhalin-II, an integrated oil and gas project located on the Sakhalin island in Russia, as well as a 50% interest in Salym Petroleum Development N.V.
  • “We are shocked by the loss of life in Ukraine, which we deplore, resulting from a senseless act of military aggression which threatens European security,” Shell CEO Ben van Beurden said in a statement.
  • The company said that it had about $3 billion in “noncurrent assets” through its Gazprom ventures at the end of 2021.

Shell said Monday it is ending an “equity partnership” with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues.

Shell said it’s selling a 27.5% stake in Sakhalin-II, an integrated oil and gas project located on the Sakhalin island in Russia, as well as a 50% interest in Salym Petroleum Development N.V., “a joint venture with Gazprom Neft that is developing the Salym fields in the Khanty-Mansiysk Autonomous District of western Siberia.” The company also said it’s ending its involvement in the Nord Stream 2 pipeline project. read more

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

JP Morgan under fire for dubious $1.3bn Nigeria oil deal

CITYA.M.

JP Morgan under fire for dubious $1.3bn Nigeria oil deal

: 20 Feb 2022

A bitter legal dispute between the Nigerian state and banking giant JP Morgan is due to be heard in the UK’s High Court this week.

JP Morgan is being sued by the Nigerian government over allegations it negligently allowed corrupt officials to pilfer more than three quarters of a $1.3bn oil investment, the Telegraph first reported. Court filings reportedly state that JP Morgan should have been aware that the transactions it was asked to perform, transferring hundreds of millions of dollars to foreign bank accounts controlled by Nigerian oil minister Dan Etete, were potentially fraudulent. read more

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

U.N. pact may restrict plastic production. Big Oil aims to stop it

REUTERS

U.N. pact may restrict plastic production. Big Oil aims to stop it

By John Geddie, Valerie Volcovici and Joe Brock: Fri., February 18, 2022

A global explosion of disposable plastic, which is made from oil and gas, is increasing carbon emissions, despoiling the world’s oceans, harming wildlife and contaminating the food chain. More than 50 countries, including all 27 members of the European Union, are calling for the pact to include measures targeting plastic production.

That’s a problem for big oil and chemical companies. The industry is projected to double plastic output worldwide within two decades. read more

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

Shell’s QGC JV plans for new gas drilling phase in Australia

February 9, 2022

OFFSHORE TECHNOLOGY

Shell’s QGC JV plans for new gas drilling phase in Australia

Shell has announced that its Queensland Gas Co. (QGC) joint venture (JV) plans to enter a new drilling phase for natural gas, onshore Queensland, Australia.

The work will be carried out together with JV partners China National Offshore Oil Corporation (CNOOC), and Japan’s Tokyo Gas. Shell is the operator and holds a majority interest in the QGC venture.

Between 2022 and 2024, the QGC will drill approximately 145 new gas wells in the Western Downs region of Queensland. read more

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

Shell joins maritime SOFC development project with Doosan Fuel Cell and Hyundai shipbuilding group

Aju Business Daily

Shell joins maritime SOFC development project with Doosan Fuel Cell and Hyundai shipbuilding group

Lim Chang-won Reporter() | Posted : Febuary 7, 2022, 15:02 | Updated : Febuary 7, 2022, 15:02

SEOUL — Shell, a global energy and petrochemical group, teamed up with Doosan Fuel Cell and South Korea’s Hyundai shipbuilding group to develop a solid oxide fuel cell system for commercial use by ships in 2025. For optimization, the tripartite consortium aims to test a 600-kilowatt system as an auxiliary power unit on actual trade routes for more than a year. read more

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

New calls for windfall tax as Shell unveils highest quarterly profit in eight years

The Guardian

New calls for windfall tax as Shell unveils highest quarterly profit in eight years

Jillian Ambrose and agency: Thu 3 Feb 2022 12.13 GMT

Shell has cashed in on rocketing oil and gas markets by quadrupling its profits to historic highs, fuelling fresh calls for a windfall tax on fossil fuel giants to help hard-pressed households cope with record energy bills.

The UK’s Labour party has called for the government to fund measures to help British households weather the cost of living crisis by imposing a windfall tax on North Sea oil and gas producers. read more

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

Shell delays expansion work at Nigeria’s Bonga oil field by two years: sources

S&P Global/Platts

Shell delays expansion work at Nigeria’s Bonga oil field by two years: sources

Shell has delayed expansion work at its Nigerian offshore Bonga field by another two years, dealing a major blow to the West African country’s quest to grow its crude production after a series of technical and operational setbacks, sources close to the project said Feb. 2.

t was only in May 2021 that Shell, along with its partners, signed a deal with state oil company Nigerian National Petroleum Company Ltd (NNPC) in the deepwater oil block Oil Mining Lease 118, clearing the path to a major expansion of the country’s Bonga oil and gas field. read more

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

Shell to hand £6bn to shareholders as oil and gas prices soar

London Evening Standard

Shell to hand £6bn to shareholders as oil and gas prices soar

The business said profits have risen dramatically in the last few months.

By August Graham: 3 Feb 2022

It has been a bumper three months for energy giant Shell, which managed to increase its profits nearly fourteen-fold amid soaring oil and gas prices.

As prices surged, the company’s upstream unit was able to collect 8.88 dollars for every thousand cubic feet of gas it sold to customers over the last quarter of 2021.

Just six months earlier gas had been selling for 4.31 dollars, less than half of its most recent level. read more

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

Shell Is Betting Big On Namibia’s Oil Boom

OILPRICE.COM

Shell Is Betting Big On Namibia’s Oil Boom

While all recent oil exploration attention has been on Exxon’s (NYSE:XOM) massive string of discoveries in Guyana, another giant player and a junior explorer are shifting to focus toward what may be the next up-and-coming oil hotspot …

It’s Namibia–a country that’s never produced a barrel of oil.

We don’t hear much about new oil discoveries these days. Onshore discoveries are almost unheard of because nearly everything except the African final frontier has been explored. Offshore discoveries are few and far between. read more

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

Shell Starts Up 20MW Hydrogen Electrolyzer In China

RIGZONE

Shell Starts Up 20MW Hydrogen Electrolyzer In China

by Bojan Lepic: Rigzone Staff: Friday, January 28, 2022

Energy major Shell has started operations at the power-to-hydrogen electrolyzer in Zhangjiakou, a joint venture between Shell China and Zhangjiakou City Transport Construction Investment Holding Group.

One of the world’s largest hydrogen electrolyzers will provide about half of the total green hydrogen supply for fuel cell vehicles at the Zhangjiakou competition zone during the Winter Olympic Games, set to begin on February 4, 2022.

“The electrolyzer is the largest in our portfolio to date and is in line with Shell’s Powering Progress strategy, which includes plans to build on our leading position in hydrogen,” said Wael Sawan, Shell’s Integrated Gas, Renewable, and Energy Solutions Director. “We see opportunities across the hydrogen supply chain in China, including its production, storage, and shipping. We want to be the trusted partner for our customers from different sectors as we help them decarbonize in China.” read more

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

Shell Makes Significant Oil & Gas Discovery Offshore Namibia

OILPRICE.COM

Shell Makes Significant Oil & Gas Discovery Offshore Namibia

By Tsvetana Paraskova – Jan 25, 2022, 12:30 PM CST

Shell has made a significant oil and gas discovery offshore Namibia, one of the expected hotspots for exploration this year, Reuters reported on Tuesday, quoting three sources in the industry.

Shell, which started drilling the Graff-1 well in Namibia’s waters in December, has found resources estimated at 250-300 million barrels of oil and gas equivalent, one of the sources told Reuters. read more

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

Shell Officially Drops ‘Royal Dutch’ From Name After Relocation

Bloomberg

Shell Officially Drops ‘Royal Dutch’ From Name After Relocation

By Laura Hurst: 21 January 2022, 17:28 GMT

Shell Plc has dropped “Royal Dutch” from its name, part of a major overhaul of its legal and tax structure announced in December.

The energy giant officially changed its name on Friday, according to a statement, following earlier approvals from its shareholders and board of directors.

Shell’s overhaul involves integrating its dual-share structure into a single line of shares and relocating its headquarters to London. The changes will only involve about a dozen executives – including Chief Executive Officer Ben van Beurden and Chief Financial Officer Jessica Uhl — moving to the U.K. capital. read more

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

Shell secures Scottish wind farm bids with Iberdrola’s ScottishPower

Alliance News

Shell secures Scottish wind farm bids with Iberdrola’s ScottishPower

Mon, 17th Jan 2022 11:55

Alliance News) – Royal Dutch Shell PLC said Monday its joint ventures with Iberdrola SA’s ScottishPower have won multiple bids to develop 5 gigawatts of floating wind power in Scotland.

Shell and ScottishPower won two sites representing a total of 5 GW off the east and north-east coast of Scotland.

Wael Sawan, Integrated Gas & Renewables and Energy Solutions Director at Shell, said: “Shell and ScottishPower can now look forward to generating floating wind power at significant scale in the UK to accelerate the country’s transition towards net zero. read more

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

Campaign Behind Landmark Case Against Shell Targets More Energy Groups

OilPrice.com

Campaign Behind Landmark Case Against Shell Targets More Energy Groups

By Tsvetana Paraskova – Jan 13, 2022, 10:30 AM CST

Milieudefensie, the Dutch chapter of Friends of the Earth activists who won a landmark climate case against Shell in 2021, now urge more than two dozen other multinationals, including BP, Exxon, Vitol, and LyondellBasell, to implement plans to slash emissions by at least 45 percent by 2030 from 2019 levels.

In a letter sent on Thursday to 29 “big polluters”, including Shell, BP, Exxon, Vitol, LyondellBasell, RWE, Unilever, Uniper, Stellantis, Schiphol, ABN AMRO, and others, Milieudefensie asks the companies to respond how they plan to cut their Scope 1, 2, and 3 emissions by at least 45 percent by 2030. read more

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

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

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

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

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

Shell’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

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

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

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

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

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

Court halts Shell’s seismic survey along the Wild Coast

iol.co.za

Court halts Shell’s seismic survey along the Wild Coast

By Brenda Masilela : 28 Dec 2021

PRETORIA – The Grahamstown High Court in Makhanda on Tuesday granted an interdict against Shell’s seismic survey along the Wild Coast

This a second application made in the same court to stop oil multinational Shell’s seismic survey along South Africa’s Wild Coast.

Three weeks ago, Judge Avinash Govindjee dismissed the application by activists – including Greenpeace – to stop the survey on the basis that “irreparable harm” to marine species had not been proved. read more

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

Australia’s Prelude LNG faces indefinite shutdown

ArgusMedia

Australia’s Prelude LNG faces indefinite shutdown

Published date: 28 December 2021

Production at the 3.6mn t/yr Prelude floating LNG project in the Browse basin offshore Western Australia (WA) will be halted until Shell demonstrates that its facility is able to operate safely in the event of power loss, Australia’s offshore security regulator said.

The National Offshore Petroleum Safety and Environmental Management Authority (Nopsema) issued a notice to project owner and operator Shell on 23 December, instructing it to investigate the “incidents and associated consequences” that took place at the Prelude facility early this month and present a plan for all necessary corrective actions. read more

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

Shell 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

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

Shell to 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

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

Shell 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

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

Shell Taps Cow Dung to Power German Trucks, Cut CO2

Shell Taps Cow Dung to Power German Trucks, Cut CO2

by Bloomberg:  Rachel Graham: Wednesday, December 15, 2021

Trucks in Germany could soon be running on fuel that’s made partly from manure at one of Europe’s biggest oil refineries.

Royal Dutch Shell Plc is aiming to produce liquefied natural gas with a bio-component for use in heavy vehicles within about two years. Trucks using the fuel can travel for 1,500 kilometers without refilling, according to Shell, which will make the new product at Rheinland, the biggest oil-processing complex in Germany. read more

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

Shell 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

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

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

The Times

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

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

losing “Royal Dutch” from its name read more

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

Shell 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

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

Shell to 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

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

Shell 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

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

Shell 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

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

Shell 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

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

Shell questions ‘urgency’ of bid to block seismic survey, says it may lose millions of dollars

fin24

Shell questions ‘urgency’ of bid to block seismic survey, says it may lose millions of dollars

Lameez Omarjee: 2 Dec 2021

Environmental and human rights organisations seeking to block oil and gas company Shell from proceeding with a seismic survey in December have failed to make a case on urgency, a high court has heard.

The Eastern Cape Division of the Makhanda High Court on Wednesday heard the case brought before it by four environmental and human rights organisations, which are seeking an interim-interdict of the seismic survey. read more

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

Shell 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

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

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

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

Shell 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

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

‘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

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

Shell increases stake in Australia’s electricity market with Powershop takeover

The Guardian

Shell increases stake in Australia’s electricity market with Powershop takeover

Peter Hannam: Mon 22 Nov 2021 06.19 GMT Energy giant Royal Dutch Shell has expanded its presence in Australia’s electricity market, buying retailer Powershop from NZ’s Meridian Group as part of a $729m deal that may irk some customers who have tried to avoid fossil fuel companies.

A Meridian spokesperson defended the sale of the retailing arm to one of the world’s biggest fossil fuel companies, saying the company’s commitment “to do good by our customers and the planet is stronger than ever”.

“We consider this sale as a positive for both, knowing customers will get the same great service and knowing Shell Energy and its partner ICG’s vision is to significantly invest in a transition to a cleaner energy future,” the spokesperson said. “We are proud of that.” read more

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

Switch to London is not the only big decision for Shell

The Times

Switch to London is not the only big decision for Shell

Moving headquarters has pleased investors, but they want to see more from the oil group

Emily Gosden, Energy Editor The Times

When Ben van Beurden, Royal Dutch Shell’s chief executive, phoned Mark Rutte on Sunday afternoon to warn the Dutch prime minister that the company planned to move its headquarters from the Hague to London, he set off a political backlash in the Netherlands.

Yet the oil group’s plans, which were revealed to stock markets on Monday and will also result in Shell unifying its dual shares, moving its tax base to Britain and losing its “Royal Dutch” name, appear less divisive with investors. read more

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

Shell 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

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

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

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

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

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

Shell shake-up leaves Dutch royally hacked off

REUTERS

Shell shake-up leaves Dutch royally hacked off

By AMSTERDAM, Nov 15 (Reuters) – Royal Dutch Shell’s decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige. Reporting by Toby Sterling, Anthony Deutsch and Stephanie van den Berg; Editing by Edmund Blair FULL ARTICLE
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

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

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

Shell 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

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

Shell Proposes Single-Share Structure, UK Tax Residence

Shell Proposes Single-Share Structure, UK Tax Residence

By Jaime Llinares Taboada

Royal Dutch Shell PLC on Monday proposed to shareholders to establish a single line of shares and to move its tax residency to the U.K.

The energy company has been incorporated in the U.K. with Dutch tax residence and an A/B dual share structure since its unification in 2005.

Shell is now asking shareholders to approve the simplification of the company’s structure at a general meeting to be held on Dec. 10 in Rotterdam. read more

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

Shell to pave roads with plastic-enhanced asphalt

Shell to pave roads with plastic-enhanced asphalt

POTTER TWP. — Shell Polymers will partner with a chemical recycling company to pave roads at its petrochemical site with asphalt enhanced with recycled plastic additive.

Shell on Thursday announced plans to pave nearly six miles of site roads and 47,000 square yards of parking lots with the mix at its Beaver County site, which will begin turning natural gas into plastic pellets next year.

Hilary Mercer, Shell Polymers senior vice president, called the move a “win-win” for the environment and the cracker plant project “by using materials that would otherwise have been plastic waste.” read more

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

There are no calls to break up BP’s ‘cash machine’, says Bernard Looney

The Times

There are no calls to break up BP’s ‘cash machine’, says Bernard Looney

Emily Gosden: Wednesday, November 03 2021, 12.01 am

BP is not facing calls to break itself up, such as those aimed at Royal Dutch Shell, its boss has said.

Bernard Looney said that the energy transition required integrated companies that could use oil profits to fund green investment.

He said that BP was a “cash machine” after the oil price soared in the third quarter, helping it to deliver underlying net profits of $3.3billion, up from only $86 million in the same period last year and beating forecasts of $3.1 billion. read more

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

Shell and Norsk Hydro team up for green hydrogen

REUTERS

Shell and Norsk Hydro team up for green hydrogen

OSLO, Nov 9 (Reuters) – Royal Dutch Shell (RDSa.L) and Norsk Hydro (NHY.OL) are looking into jointly producing hydrogen from renewable electricity in a push to decarbonise their own operations as well as supply heavy industry and transport customers, Hydro said on Tuesday.

The Anglo-Dutch oil giant and the Norwegian aluminium maker’s green hydrogen unit, Hydro Havrand, have signed a memorandum of understanding (MoU) and begun initial work to identify opportunities to produce and supply renewable hydrogen. read more

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

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

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