Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5 billion, Reuters reported on Tuesday, citing industry sources and a document it had seen.
Shell and Esso set up the NAM joint venture in the 1950s and started producing gas from the giant Groningen field in the Netherlands in the 1960s. According to NAM’s website, the company supplies 75% of the natural gas required by Dutch households and businesses. A total of 93% of all Dutch households use natural gas and gas accounts for 45% of all the energy that is used in the Netherlands.
Shell and Exxon’s decision to sell one of the oldest gas-producing ventures would be part of both companies’ plans to divest aging assets they no longer consider core to their respective operations, Reuters notes.
According to Reuters’ sources, NAM’s assets up for sale – including three gas processing plants, pipeline networks, and offshore gas fields – could be valued at between $1 billion and $1.5 billion.
The two international majors expect that the current dire need for gas supply in Europe and the high natural gas prices could make those assets attractive to prospective buyers, the sources told Reuters.read more
Sep 8th, 2022
by John Donovan.
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Shell to Proceed With Gas Project in Offshore Malaysia
Zacks Equity Research
Shell plc SHEL recently announced that it has taken a final investment decision to go ahead with the development of the Rosmari-Marjoram gas fields situated off the southeast coast of Malaysia.
The British energy major stated that the project is intended to produce 800 million standard cubic feet of gas per day, with the first gas output anticipated in 2026.
A subsidiary of SHEL — Sarawak Shell Berhad — owns an 80% stake and is the operator of the project. Meanwhile, the remaining 20% interest is held by Malaysian state-owned Petronas.
Discovered in 2014, the Rosmari-Marjoram fields are located approximately 220 kilometers (136.7 miles) off the coast of Bintulu in the Malaysian state of Sarawak. The development of this deepwater sour gas field will consist of a subsea tie-back, an unmanned wellhead platform, a 207 km pipeline to the shore and an onshore gas plant at Bintulu.read more
Aug 30th, 2022
by John Donovan.
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The Guardian
European gas shortages likely to last several winters, says Shell chief
Warning raises prospect of continued rationing, as Total boss says Europe has to plan for future without Russian supplies
Gwyn Topham: Mon 29 Aug 2022 18.47 BST
Gas shortages across Europe are likely to last for several winters to come, the chief executive of Shell has said, raising the prospect of continued energy rationing as governments across the continent push to develop alternative supplies.
Cuts to the supply of Russian gas since the invasion of Ukraine have plunged European countries into a devastating energy crisis, driving up wholesale prices to leave consumers facing huge bills and the highest rates of inflation since the 1980s.read more
Aug 25th, 2022
by John Donovan.
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skynews
Shell Energy pays out more than £500,000 for price cap overcharging
Industry regulator Ofgem says the supplier will refund and compensate 11,275 prepayment customers as well as pay into a fund to support vulnerable people for the breach, noting the hardship faced by consumers as energy prices surge.
Thursday 25 August 2022 10:29, UK
Shell Energy is to pay out more than half a million pounds for overcharging thousands of households above the permitted price cap.
Industry regulator Ofgem said the supplier would refund and compensate 11,275 prepayment customers as well as pay into a fund to support vulnerable people.read more
Aug 24th, 2022
by John Donovan.
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REUTERS
Shell, unions reach wage deal to end industrial action at Prelude FLNG
Sonali Paul: PUBLISHED AUG 23, 2022 09:48PM EDT
MELBOURNE — Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and restart production at the site off northwest Australia, they said on Wednesday.
Shell shut the 3.6 million-tonnes-a-year Prelude facility in July and told customers it would be unable to supply LNG for the duration of the protected industrial action, or strikes approved by Australia’s Fair Work Commission, over a wage dispute.read more
Aug 18th, 2022
by John Donovan.
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Daily Mail
Shell and BP’s plans to reduce carbon emissions will still overshoot the 1.5°C warming limit in the Paris Agreement by a ‘significant margin’, study warns
Fossil fuel firms’ projections don’t fit with Paris Agreement targets, study claims
Projections from the firms show ‘delayed reductions in fossil fuel consumption’
The Paris Agreement is a legally binding international treaty on climate change
Fossil fuel companies’ plans to reduce carbon emissions will still overshoot the 1.5°C warming limit in the Paris Agreement by a ‘significant margin’, a new study warns.
Researchers have studied the ‘decarbonisation scenarios’ outlined by vast energy companies Shell, BP and Equinor.read more
Aug 4th, 2022
by John Donovan.
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Shell to give staff 8% bonus after record profits
Shell said the award reflects the company’s current financial success but has no link to the rising cost of living challenges
WED, 03 AUG, 2022 – 15:58
ANNA WISE, PA BUSINESS REPORTER
Shell employees will get a one-off 8% bonus after the energy company reported record profits from massive energy price hikes.
Most staff at the oil giant – which employs around 82,000 people worldwide – will be eligible for the pay boost.
Just those at executive vice president level or higher will be excluded from the taxable payout.
Shell said the award reflects the company’s current financial success but has no link to the rising cost of living challenges.
A Shell spokesperson said: “In recognition of the contribution our people have made to Shell’s strong operational performance against a recent challenging backdrop, our executive committee has decided to make a Special Recognition Award of 8% of salary to all eligible staff across the world.read more
Shell and the owner of British Gas are handing billions of pounds back to shareholders as Russia’s war in Ukraine drives record-breaking profits.
Shell will repurchase a further $6bn (£4.9bn) of shares in the third quarter, having already bought back $8.5bn of stock in the first half of the year.
It came after the FTSE 100 company’s profit jumped to $11.5bn in the three months to the end of June – its second consecutive quarter of record profits – as it cashed in on high oil and gas prices.read more
Greenpeace has been accused of making Britain more vulnerable to Russian blackmail by urging a judge to block drilling at a major North Sea gas field.
The eco campaign group claims Shell was wrongly granted a development licence for the Jackdaw field without proper environment checks last month, in defiance of the UK’s climate commitments.
It has brought a legal challenge against the Government and is vowing to frustrate other schemes brought forward in the North Sea as well.read more
MELBOURNE (Reuters) – Shell Plc has told workers at its Prelude floating liquefied natural gas (FLNG) facility it will stop paying them as of Monday if they are not on site, a Shell spokesperson said on Wednesday. Shell was meeting with workers after their combined union, the Offshore Alliance, extended protected industrial action, which began 40 days ago, to Aug. 4, the spokesperson said.read more
Shell has been forced to shut its troubled Prelude floating liquefied natural gas plant as workers escalate a strike over pay.
The oil and gas group was yesterday in the process of halting production at the plant off the coast of Australia after informing customers it would be unable to offload cargoes.
Shell had already been forced to reduce output from Prelude after workers at the floating plant went on strike last month.
The latest strike plans effectively prevent tankers being moored alongside the plant to offload cargoes and, with storage facilities on the plant nearing capacity, Shell was forced to shut down production. Strike action is expected to continue until July 21.read more
Shell has announced it will reverse up to $4.5bn in write-downs taken on the value of its oil and gas assets after raising its energy prices outlook following Russia’s invasion of Ukraine and subsequent disruption to fossil fuel trading across the world.
In an update ahead of its second quarter results on July 28, the energy giant revealed its refining margins almost tripled over the three-month period.read more
Jul 1st, 2022
by John Donovan.
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The Guardian
Shell may have to abandon £3bn stake in Russian gas plant
Kremlin sets up new firm to own Sakhalin-2 plant, with stakeholders given a month to sign up or they could lose money
Alex Lawson Energy correspondent: Fri 1 Jul 2022: 12.50 BST
Shell could be forced to abandon a £3bn investment in a huge Russian gas plant after Vladimir Putin threatened to seize the rights to the project.
The Kremlin has said it plans to transfer the rights to the Sakhalin-2 plant in the far east of Russia to a new Russian company, citing economic security and national interests.read more
Jun 29th, 2022
by John Donovan.
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abc.net.au
Shell, Australian Workers Union in stalemate over Prelude dispute
ABC Kimberley / by Taylor Thompson- Fuller: 29 June 2022
Key points:
A fresh round of industrial actions are set to hit Shell’s offshore gas facility Prelude next month
Workers set to be transported to the facility on Wednesday were told to stand down
A pay dispute between unions and the Anglo-Dutch company are at a stalemate
Shell has cancelled gas shipments from its offshore facility Prelude as an industrial dispute between unions and the Anglo-Dutch resources company come to a head.
Contractors set to fly out to the resources rig on Wednesday were told to stand down in response to the disagreement over pay increases, rostering and job security.
The dispute has also caused Shell to advise their customers they will be cancelling some gas shipments from the facility until mid-July.read more
Jun 23rd, 2022
by John Donovan.
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Bloomberg UK
Shell Permits Probed Over Loss of $200 Million in Nigeria
Motion argues state lost revenue through 30-year licenses
Investigation targets joint venture operated by Shell
By William Clowes: 23 June 2022, 13:04 BST
Nigeria’s Senate will investigate Shell Plc’s historic license renewals in the West African state to determine whether they were extended unlawfully and cost the government up to $200 million.
Senate President Ahmad Lawan formed a committee on Wednesday to probe the oil major’s permits that expired in 1989 and 2019, according to a statement emailed by his spokesman. The decision followed a motion submitted by Senator George Sekibo who said the duration of the licenses should have been 20 years rather than 30 years under Nigerian law.
A spokesman for Shell didn’t immediately respond to a request for comment.read more
Shell said Tuesday it is entering the residential power market in Texas, offering renewable power to Texans under a new branch of the company.
The launch of Shell Energy Solutions, a Texas power retailer, marks Shell’s entry into the U.S. power market. Its power plans will offer perks for electric vehicle drivers and homeowners with solar panels.
The move is the latest in a series of steps by the oil giant to reach net-zero emissions by 2050 and reposition itself more broadly as an energy provider as the energy transition accelerates. It follows an announcement last week that it had bought a Houston-based gas station and convenience store chain Landmark as the global oil giant positions itself to provide charging stations and motor fuels of the future.read more
May 31st, 2022
by John Donovan.
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The Guardian
Russia cuts gas supplies to Netherlands and firms in Denmark and Germany
Gazprom raises stakes in sanctions war after EU move to embargo most Russian oil imports and companies miss deadline to pay in roubles
Joanna Partridge: Tue 31 May 2022 19.25 BST
Russia has further cut off gas supplies to Europe, after state energy giant Gazprom turned off the taps to a top Dutch trader and halted flows to some companies in Denmark and Germany.
It later said it would also cut off gas flows to the Danish energy firm Ørsted and to Shell Energy for its contract to supply gas to Germany, after both companies failed to make payments in roubles.read more
May 25th, 2022
by John Donovan.
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BBC News
Shell consultant quits and accuses firm of ‘extreme harms’
By Annabelle Liang: Business reporter: 25 May 2022
A safety consultant at oil and gas giant Shell has stopped working for the firm, as she accused its top executives of failing to protect the environment.
In a post on the professional networking platform LinkedIn, Caroline Dennett said the company is “causing extreme harms to our climate, environment, nature and to people”.
It has drawn over 10,000 likes and has been shared more than 1,200 times.read more
May 24th, 2022
by John Donovan.
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UPI
Shell safety consultant quits over ‘double-talk on climate’
By Sheri Walsh: 23 MAY 2022
May 23 (UPI) — A Shell safety consultant has resigned over what she calls the oil company’s “extreme harms” to the environment and “disregard for climate change risks.”
Caroline Dennett submitted her resignation to Shell executives and 1,400 employees Monday in an email and public video, accusing the U.S. company of “failing on a massive planetary scale” and blasting the oil giant’s plans to expand fossil fuel extraction.read more
Shell has reported a record quarterly profit of $9.1bn (£7.3bn) for the first three months of the year, piling more pressure on the government to implement a windfall tax to fund measures to tackle soaring household energy bills.
The first-quarter profit was boosted by a sharp rise in oil and gas prices, and compared with $6.3bn of profits in the final three months of 2021 and $3.2bn during the first quarter of last year. It was above analysts’ expectations of first-quarter adjusted earnings of $8.7bn.
Campaigners have called for a one-off levy on companies benefiting from soaring oil and gas prices to fund government initiatives to reduce the burden of rising bills.
Shell’s update comes after BP reported its highest quarterly profit in more than a decade on Tuesday. Its profits more than doubled to $6.2bn, and sparked a clamour for a windfall tax.
The government has resisted calls for such a levy. Boris Johnson has said it would discourage oil and gas producers from making investments into domestic energy.
But BP’s chief executive, Bernard Looney, has admitted none of the £18bn UK investments the company is planning would be dropped if a windfall tax were imposed.read more
May 1st, 2022
by John Donovan.
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THE SUNDAY TIMES
Shell and BP set for bumper payouts despite windfall tax threat
01 May 2022
BP and Shell are set to unveil bumper payouts for shareholders this week as the government threatens to levy a windfall tax if the oil giants do not reinvest profits into the North Sea and clean energy projects.
At BP’s first quarter results this Tuesday, analysts from RBC expect the £77 billion company to announce a $1.5 billion (£1.2 billion) share buyback off the back of first-quarter profits of $5.1 billion. RBC said political pressure meant BP would likely wait until later in the year to ramp up payouts, forecasting share buybacks of $4.75 billion over the following two quarters.read more
A mob of Extinction Rebellion protesters have swamped London’s Marble Arch, glueing themselves to a limousine and bringing traffic to a standstill.
The eco-fanatic rabble have once again brought chaos to the streets of the capital as they launched a series of ‘disruptions’ on a sixteenth days of protests alongside Just Stop Oil activists.
XR members convened in Hyde Park earlier today before one group – which included two former Olympians – climbed onto a Shell oil tanker at nearby Bayswater, leading to six arrests.read more
Shell has teamed up with Uniper to develop a proposed new facility to make “blue hydrogen” from natural gas on Humberside. The British oil giant said it had signed an agreement with the German utility group to work on its Humber Hub Blue project at Uniper’s Killingholme power station site.
The plant would separate natural gas into clean-burning hydrogen and waste carbon dioxide, which would be disposed of under the sea via the proposed East Coast Cluster carbon capture and storage facility. Hydrogen burns cleanly and is seen as a crucial part of Britain’s decarbonisation plans, especially for heavy industry and transport as well as potentially for power generation.read more
Energy stalwart Shell (SHEL.L) has warned that its exit from Russia could cost it as much as $5bn (£3.8bn) in the first three months of this year.
Shell will write off between $4bn and $5bn in the value of its assets, but the post-tax impairments will not impact the company’s earnings, it said in an update ahead of its earnings announcement in May.
Thursday’s announcement offers a first glimpse of the potential financial hit to western oil companies withdrawing from the country following its invasion of Ukraine.read more
The following is an update to the first quarter 2022 outlook. Impacts presented may vary from the actual results and are subject to finalisation of the first quarter 2022 results, published on May 5, 2022. Unless otherwise indicated, all outlook statements exclude identified items.
The prevailing volatility in commodity prices has led to larger ranges in the financial guidance for the quarter. Adjusted Earnings and Adjusted EBITDA updates are provided at a segment level while the CFFO update is provided at a Shell Group level.read more
Apr 6th, 2022
by John Donovan.
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Global&Mail
Shell eyes major expansion of B.C. natural gas project
Brent Jang: 6 April 2022
Shell PLC SHEL-N is studying the feasibility of a major expansion for the LNG Canada joint venture in British Columbia, citing a surge in global demand for liquefied natural gas and the need for reliable new supplies.
Europe has been scrambling to reduce its dependence on natural gas from Russia since the invasion of Ukraine nearly six weeks ago, and countries in Asia want cleaner alternatives to coal.read more
Apr 1st, 2022
by John Donovan.
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Shell Trinidad and Tobago delivers first gas from Colibri Project
Mar 31, 2022
Shell Trinidad and Tobago (through BG International, a subsidiary of Shell plc), today announces that production has started on Block 22 and NCMA-4 in the North Coast Marine Area (NCMA) in Trinidad and Tobago.
The start-up of Colibri follows the amendment to the Block 6 Production Sharing Contract for the Manatee field, marking yet another significant milestone in Shell’s growth strategy in country. This will allow for the delivery of gas both domestically and internationally through Atlantic LNG.read more
Mar 22nd, 2022
by John Donovan.
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The Guardian
Shell U-turn on Cambo oilfield would threaten green targets, say campaigners
Company is reviewing decision to withdraw from North Sea project because of high oil price, report claims
Jasper Jolly: Tue 22 Mar 2022 09.41 GMT
Climate activists have reacted with concern to reports that Shell is reconsidering its decision to abandon development of the Cambo oilfield, warning that such a reversal would further threaten emissions reductions targets.
The fossil fuel producer could U-turn on a decision to pull out of the North Sea project because the “economic, political and regulatory environment had changed enormously since the decision was announced just three months ago”, according to sources cited by the BBC.read more
Mar 19th, 2022
by John Donovan.
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Argus Media
Australia’s Prelude LNG cleared for restart
Published date: 18 March 2022
Production at the 3.6mn t/yr Prelude floating LNG project in the Browse basin offshore Western Australia (WA) has been granted approval to restart, Australia’s offshore security regulator said.
The National Offshore Petroleum Safety and Environmental Management Authority (Nopsema) has closed a direction issued to project owner and operator Shell on 23 December 2021, instructing it to “demonstrate that the facility can operate safely in the event of power loss before production can commence”. Shell also confirmed that the direction has closed, but has no further comment at this stage.read more
Mar 16th, 2022
by John Donovan.
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Nasdaq.com
Shell’s Board Of Directors Sued For Not Doing Enough For Climate Change
RTTNews.com RTTNews: PUBLISHED MAR 15, 2022 3:54PM EDT
(RTTNews) – Shell’s Board of Directors sued for not doing enough for climate change The Board of British energy company Shell Plc (SHEL) is being sued for not taking enough steps to help the company make the transition away from fossil fuels.
Environmental law firm ClientEarth, which is also a Shell shareholder, said on Tuesday that it had notified the company of its lawsuit against Shell’s 13 executive and non-executive directors. The law firm has said that the Board’s failure to put in place a climate plan, which aligns with the Paris Agreement must be considered a breach of their duties as per British law.read more
Mar 10th, 2022
by John Donovan.
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sky news
Shell boss bags 26% leap in annual pay package after COVID oil price recovery
Ben van Beurden took home 57 times more than the median Shell worker in 2021 but will be facing pressure to temper awards for the current year as surging oil and gas prices bring misery to households and business alike.
The chief executive of Shell’s pay package rose by 26% to €7.4bn (£6.2m) last year amid a recovery in oil prices from COVID crisis lows, according to the company’s annual report.read more
Mar 8th, 2022
by John Donovan.
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AP
Shell says it will stop buying Russian oil, natural gas
By DANICA KIRKA: 8 MARCH 2022
LONDON (AP) — Energy giant Shell said Tuesday that it will stop buying Russian oil and natural gas and shut down its service stations, aviation fuels and other operations in the country amid international pressure for companies to sever ties over the invasion of Ukraine.
The company said in a statement that it would withdraw from all Russian hydrocarbons, including crude oil, petroleum products, natural gas and liquefied natural gas, “in a phased manner.”read more
Shell oil company released a statement Saturday saying it is “appalled” by Russia’s invasion of Ukraine and will do what it can to avoid purchasing oil from Russia while acknowledging that it recently did purchase crude oil from the country.
“We are appalled by the war in Ukraine and have already made clear our intention to exit joint ventures with Gazprom – which is majority-owned by the Russian government – and related entities, as well as intending to end our involvement with a significant project to pipe gas from Russia to Europe.”read more
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
Feb 9th, 2022
by John Donovan.
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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
Feb 4th, 2022
by John Donovan.
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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
Jan 28th, 2022
by John Donovan.
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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
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
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
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
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
Dec 24th, 2021
by John Donovan.
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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
Dec 16th, 2021
by John Donovan.
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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
Dec 10th, 2021
by John Donovan.
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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
Dec 3rd, 2021
by John Donovan.
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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
Dec 3rd, 2021
by John Donovan.
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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
Dec 3rd, 2021
by John Donovan.
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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
Dec 2nd, 2021
by John Donovan.
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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
OVER 500 EXTERNAL PUBLICATIONS CITING OUR SHELL WEBSITES
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission websiteetc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our websites and/or our activities.
John Donovan, the website owner A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
JOHN DONOVAN, THE OWNER OF THIS AND SEVERAL OTHER SHELL FOCUSSED WEBSITES
SHELL PRELUDE TO DISASTER
The links below are to a series of articles, many triggered by a well-placed whistleblower directly involved in the pioneering Royal Dutch Shell Prelude project. Includes articles by Mr Bill Campbell above, the retired distinguished HSE Group Auditor of Shell International and another retired Shell guru with a track record of spotting potential pitfalls in major Shell projects.
The campaign waged on this website by John Donovan to persuade Edward Heerema to rename the worlds biggest ship, The Pieter Schelte - which he named after his late father, Pieter Schelte Heerema, a former Officer in the German Waffen-SS - has been successful. On Friday 6 February 2015, Allseas announced that it was changing the ships name, and on 9 February announced the new name - Pioneering Spirit.
GLOBAL NEWS COVERAGE: FEBRUARY 2010
MORE INFORMATION: Contact details for over 176,000 employees and contractors of Royal Dutch Shell reached John Donovan and some environmental and human rights groups, ostensibly from disaffected Shell staff calling for a “peaceful corporate revolution” at the company. The database, from Shell’s internal directory, contained names and telephone numbers for all the company’s work force worldwide, including some home numbers. It was supplied with a 170 page covering note, explaining that it was being circulated by “116 concerned employees of Shell dispersed throughout the USA, the UK, and the Netherlands”, to highlight the harm done by the company’s operations in Nigeria. John Donovan brought the leak to the attention of Shell. Tests proved that the data was authentic and he destroyed the database after being informed by Mr. Richard Wiseman, the then Chief Ethics & Compliance Officer of Royal Dutch Shell Plc, that the confidential information if publicly disclosed, could put Shell employees and contractors in real danger.
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Oil companies’ lawsuit pressure Nigeria to extend contract termsSeptember 8, 2022 07:10Kaieteur NewsSep 08, 2022
News
Kaieteur News – In order to put an end to a US multi- billion lawsuit with accrued interests, brought against them by four major oil companies, Nigeria’s state owned oil company was forced to sign a contract extending the Production …
"paralyze" You expect an energy crisis in Europe for yearsAugust 30, 2022 07:12Asume TechThe head of the international oil and gas company Royal Dutch Shell, Ben van Beurden, said that European countries will face gas shortages for several winters in light of the reduction in gas supplies from Russia.
“It is very likely that we will see …
Oil CEO Makes Grim Prediction About The Duration Of Europe’s Energy CrisisAugust 29, 2022 19:21EIN PresswireRoyal Dutch Shell CEO Ben van Beurden warned reporters at a Monday press conference that Europe’s crisis, which is leading to skyrocketing prices and fuel rationing, could last for years, according to the Financial Times.
Van Beurden said that Europe’s gas …
Meet Britain's 10 highest paid fat cats who pocketed more than £100m last yearAugust 27, 2022 19:49Daily MirrorExclusive:
That means they are now getting 109 times more in their wage slips than the typical British worker - up from 79 times in the previous year
Royal Dutch Shell CEO Ben Van Beurden (
Image: AFP/Getty Images)
Britain’s ten highest paid fat cats …
SHELL’S ROLE IN NIGERIAN OPL 245 BRIBERY SCANDAL
Whatever fig leaves they might be trying to use to hide the truth, Shell and Eni paid over $1bn to a company called Malabu for the OPL 245 licence. Even though the payment was channelled through the Nigerian government, it was clear that Shell knew that the ultimate beneficiary was Dan Etete, the former minister of petroleum. Etete is the owner of Malabu, to whom he awarded the licence when he was Nigerian Minister of Petroleum.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
MORE INFORMATION
Shell appeased and collaborated with the Nazis. The oil giant instructed its employees in the Netherlands to complete a form giving particulars about their descent, which for some, amounted to a self-declared death warrant. Shell used slave labor and was a close business partner in Germany of I.G. Farben, the notorious Nazi run chemical giant that also used slave labor and supplied the Zyklon-B gas used during the Holocaust to exterminate millions of people, including children. Shell continued the partnership with the Nazis in the years after the retirement of Sir Henri and even after his death. It was money generated on Shell forecourts around the world, profiteering from cartel oil prices, that funded the Nazi party and saved it from financial collapse. Evidence about Shell's Nazi connections can be found in extracts from "A History of Royal Dutch Shell" Volumes 1 and 2 authored by historians paid by Shell, who had unrestricted access to Shell archives. There are 67 pages in total, so takes some time to download.
Photograph (full size here) shows a Swastika flag flying at the head office of Royal Dutch Petroleum, 30 Carel van Bylandtlaan, The Hague, during the Nazi occupation of the in World War II (From Image Database Hague Municipal)
Sir Henri Deterding, the founder of the Royal Dutch Shell Group - known as "The Most Powerful Man in the World" - who became an ardent Nazi and financial supporter of Hitler and the Nazi party.
Reading between the lines in various legal documents, it seems that the allegations are that after the technology in question had been disclosed to a Shell company in the USA, the information was passed to Shell in the Netherlands in breach of confidentiality. And Royal Dutch Shell subsequently exploited the technology without payment or credit to the company holding the rights; Newton Research Partners. The inference seems to be that Twister B.V. was founded by Shell partly on trade secrets stolen from Bloom/Newton.
DISCLAIMER: This is not a Shell website nor is it officially endorsed by or affiliated with Royal Dutch Shell Plc. Originally co-founded by the late Alfred Donovan and his son John, it is now operated by John, Shell's "No.1 Enemy", aided by an expert team, with invaluable support from retired Shell senior executives and officials as guest contributors and leaked information from Shell insiders. (JOHN DONOVAN, WEBSITE OWNER) For nearly a decade, we have operated globally under the Royal Dutch Shell Plc top level domain name, dealing on Shell’s reluctant behalf with job applications, business proposals, Shell pension enquiries, shareholder enquiries, complaints, invitations to speak at conferences, an approach from the Dutch Defence Ministry and even terrorist threats. All meant for Shell. Prospect magazine has aptly described this website as being:"An open wound for Shell": WIPO proceedings by Shell to seize the domain name failed. NO SUBSCRIPTION CHARGES: All of our watchdog activities monitoring Royal Dutch Shell, including operating this website, are carried out on a non-profit basis. Any advertising revenues generated are used to recover and/or defray operational costs. We are a news aggregator and original content website. All information is available free for educational and research purposes. SHELL TACIT ENDORSEMENT: WHAT A WELL INFORMED SHELL OFFICIAL SAID ABOUT US:
"John and Alfred Donovan well known in UK/Hague. They perceive Shell played them and so have made it their mission to embarrass,belittle and criticize Shell, which they do quite well. Their website, royaldutchshellplc.com is an excellent source of group news and comment and I recommend it far above what our own group internal comms puts out."
WARNING TO SHELL EMPLOYEES: Shell Global Affairs Security "CAS") is spying on Shell employees globally trying to trace who is visiting, posting, or leaking information to this website from Shell premises. Threats, including death threats, have allegedly been made against conscience driven Shell whistleblowers supplying us with information. The worlds biggest leak of employee details as part of a claimed corporate revolution by 116 Shell employees, suggest the espionage operation, threats and draconian litigation have not been entirely successful in cutting off the supply of information to this website. The insider leaks had already cost Shell billions on the Sakhalin Energy project and the loss of SEIC Deputy Chairman, David Greer. We publish our own carefully researched articles about Shell e.g. "How Royal Dutch Shell saved Hitler and the Nazi Party". MEDIA COVERAGE: Prospect Magazine, The Sunday Times, and The Guardian, have all published major articles about us: "Rise of the Gripe Site";"Two men and a website mount vendetta against Shell' and "92-year-old's website leaves oil giant Shell-shocked”. SHELL PETROL STATION images displayed in the website header panel are licensed under the GNU Free Documentation License.
COPYRIGHT NOTICE: Information on copyright issues here.
John Donovan can be contacted at [email protected]
SHELL’S $500,000 WEDDING GIFT TO CORRUPT BRUNEI ROYAL FAMILY
EXTRACT FROM ASIAN JOURNAL ARTICLE IN LIST OF LINKS BELOW: "Fireworks will light up the sky for three nights. The local unit of oil giant Royal Dutch Shell has donated 500,000 Brunei dollars (US$292,400; euro 243,700) for the display, and for cultural events to be hosted by popular performers from Malaysia."
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:
THIS IS WHAT IT SAID:
Subject: This could be the most important whistleblower email you have ever received.
Some unfortunate Royal Dutch Shell workers have already lost their lives. More lives are at stake.
My name is Bill Campbell. I am a former Group Auditor of Shell International. I am writing to you on a matter of conscience in an effort to avert the inevitability of another major accident in the North Sea. The consequences could potentially impact on families in many constituencies, including your own.
As Royal Dutch Shell and the Health & Safety Executive would acknowledge, I am an expert on safety matters relating to offshore oil and gas platforms. In 1999, I was appointed by Shell to lead a safety audit on the Brent Bravo platform. The audit revealed a platform management culture that basically gave a higher priority to production than the safety of Shell employees. To our astonishment we discovered that a "Touch F*** All" policy was in place. Worse still, safety records were routinely falsified and repairs bodged.
I personally brought the shocking situation to the attention of senior management including Malcolm Brinded, the then Managing Director of Shell Exploration & Production. I revealed that ESDV leak-off tests were purposely falsified, not once but many times and that Brent Bravo platform management had admitted responsibility for the dangerous practices being followed. In response to my team ringing alarm bells, management pledged to rectify the serious problems which had been uncovered.
When I later complained that the pledges were not being kept, I was removed from my oversight function.
Four years later, a massive gas leak occurred on the platform. Two workers lost their lives. I have no doubt at all that the inaction of the relevant Asset Manager, the General Manager, the Oil Director and Malcolm Brinded, contributed in some part to the unlawful killing of two persons on Brent Bravo in September 2003.
Shell subsequently pleaded guilty to breaches of the HSE regulations and a record-breaking £900,000 fine was imposed. I thought this would bring about a real change in policy to put the emphasis on safety.
Unfortunately I was wrong. Although I supplied the evidence related to 1999, and the fact that there had been a collapse in controls of integrity from 1999 to 2003 on all 16 of Shell's North Sea offshore installations covered in a post fatality integrity review to the HSE for review by the Procurator Fiscal, none of this evidence was presented before the Sheriff at the subsequent Inquiry. The situation is explained in a letter to the Procurator Fiscal and the Sheriff (on 24th February 2007).
Shell management has engaged in spin to try to pretend that it is getting to grips with its safety problem. However, its atrocious safety record - the worst in the North Sea in terms of accidental deaths and absolute number of enforcement actions – tells a different story. This fact has resulted in a number of newspaper articles.
I have had meetings with senior Shell people including its CEO Mr. Jeroen van der Veer. I regret to say that I have found him to be economical with the truth. He prefers to support cover-up and deceit rather than confronting the underlying problems. Brinded is now Executive Director of Shell Exploration & Production. He believes in burying evidence.
My family and friends would probably prefer me to give up on this matter and enjoy my retirement after so many years working for Shell.
However, by writing to every MP in the UK, no one can ever say that I did not do my best to avert an inevitable further major accident event in the North Sea. When it happens (I pray that I am wrong) I will make this warning communication available to the media together with the vast amount of evidence in my possession.
At least my conscience is clear. I have done everything possible to ring the alarm bells about Shell management and its unscrupulous attitude to the safety of its employees.
Yours sincerely
Bill Campbell
ENDS
(Malcolm Brinded and Jeroen van der Veer are no longer with Shell. The Oil Director referred to in the email is Chris Finlayson, who left Shell to become Chief Executive of British Gas before being fired - his photo immediately below)
SIR PHILIP WATTS, THE GROUP CHAIRMAN OF ROYAL DUTCH SHELL GROUP, FORCED TO RESIGN IN 2004
Shell’s reputation was destroyed in 2004 after FIVE consecutive cuts to its hydrocarbon reserves covering 55% of its total reserves. US and UK financial regulators imposed $150 million in fines on Shell for securities fraud. Shell was also rocked by class action lawsuits. Sir Philip Watts
and Walter van de Vijver (whose headcut images appear courtesy of The Wall Street Journal) were among the Shell executives forced to resign. More details at the foot of this column.
MORE DETAILS: The Shell reserves scandal brought about
the end of the Royal Dutch Shell Group in its original form as an Anglo-Dutch partnership.
Shell Transport & Trading Co and Royal Dutch Petroleum were unified into a single Dutch owned company - Royal Dutch Shell Plc.
Sir Philip turned to religion and is now a very wealthy priest after receiving a payoff/pension package from Shell reportedly worth $18.5 million. Walter van de Vijver in contrast was the victim of a sadistic sacking by his Shell senior management backstabbing colleagues.
Displayed below are some of the spectacular promotional campaigns my company Don Marketing created for Shell in the 1980s and 1990s. This was before the series of SIX high court actions we brought against Shell for stealing ideas (4) and for defamation (2) - all settled by Shell. This website is a permanent response by me to the malicious underhand tactics, including treachery, espionage and intimidation, used by Shell during and after the bouts of litigation. More information is printed at the foot of this column.
MORE DETAILS: After a solicitor acting for Shell threatened to make the litigation "drawn out and difficult" with the intention of draining the resources of a financially weaker opponent, my late father (Alfred Donovan) and I decided to mount a wide-ranging campaign as a counter-measure. We jointly founded the Shell Corporate Conscience Pressure Group, which nearly 15% of Shell UK retailers joined. We regularly conducted ethical surveys involving up to 1500 Shell petrol stations. All responses were opened and authenticated by an independent solicitor who supplied Affidavits confirming the results. In whole page announcements in trade magazines (examples above) we challenged Shell to commission and publish the resuits of independent research asking the same questions and offering respondents GUARANTEED anonymity. Shell never took up the invitation. Instead it asked the UK Advertising Standards Authority to investigate our Shell surveys. No problems were found. The head-cut image of Alfred Donovan appears courtesy of The Wall Street Journal.
SHELL CONTROVERSIES
selection of memorable warnings/articles/images associated with the controversial track record of Royal Dutch Shell.
WARNING: DO NOT DISCLOSE YOUR IDEAS TO SHELL GameChanger OR SHELL Ideas360 WITHOUT TAKING EVERY POSSIBLE PRECAUTION. Shell management has ample funds to pay for intellectual property but prefers to steal it from small businesses and in our experience, gives its full backing to dishonest managers willing to do its bidding. We have sued Shell repeatedly in the High Court for the theft of our Intellectual Property. It is doubtful if anyone can match our dire experience in dealing with this ruthless unscrupulous serial poacher of other parties ideas. Expect threats, legal machinations and sinister action from Shell and its spooks if you object to having your ideas stolen.
Some years ago extensive documentary evidence was brought to the attention of Malcolm Brinded above, when he was Chairman of Shell UK, proving beyond any doubt that Shell executives had conspired to rig a tender for a major contract. A number of innocent firms were deliberately lured into signing confidentiality agreements and disclosing Intellectual Property to Shell under false pretences, in a carefully contrived plot. The firm which was awarded the contract never took part in the tender. One objective of the Machiavellian plan was to stop/delay IP trade secrets owned by the participants in the tender from being disclosed to Shell's rivals. This was achieved by outright deception, without paying a cent to the firms involved, who wrongly believed they were participating in an honest tender. Instead of sacking the ring leader, AJL - who had a personal relationship with the firm which miraculously won the race in which it never ran - Shell senior directors, including Brinded, gave AJL their full backing. Some of the Shell executives involved, including for example, Tim Hannagan, still hold high positions inside Shell - in his case, Global Brand and Visual Identity Manager. If Shell does not accept that this is a true, provable account of what happened, then it should sue for libel. How on earth is such predatory conduct compatible with Shell's claimed business principles?
OILPRICE.COM
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
