Jan 24th, 2023
by John Donovan.
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The most recent incident happened only a year after a similar fire forced the vessel to go down for nearly five months.
Shell’s Prelude FLNG Restarts First Cargo Since Fire
Zacks Equity Research:
Shell SHEL recently announced the restart of liquefied natural gas LNG cargoes from its Prelude floating LNG FLNG facility offshore Australia, following a temporary fire-related technical outage in December.
According to Shell, the fire was promptly put out and the area was declared safe; it also stated that no one was hurt and all of the facility’s workers were safe and well.
Following a small fire at the 3.6M metric tons/year facility, Prelude, the largest floating plant for natural gas liquefaction in the world, had paused its gas production last month due to an ongoing investigation.read more
Jan 18th, 2023
by John Donovan.
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RIGZONE
Prelude FLNG Loads Out First Cargo Since Fire
by Bojan Lepic| Rigzone Staff| Wednesday, January 18, 2023
Even though Shell has not confirmed any restart on its massive Prelude FLNG, Reuters reported that the Methane Becki Anne LNG tanker has begun loading.
The Methane Becki Anne was the first LNG tanker to berth at Shell’s Prelude floating LNG site off Western Australia since it was shut down after a fire.
According to Reuters, the LNG carrier vessel berthed at the Prelude plant on January 17, Refinitiv ship-tracking data showed. Refinitiv’s data also showed that LNG has already begun loading.read more
Jan 6th, 2023
by John Donovan.
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cnbc
Shell to take $2 billion fourth-quarter tax hit after new EU, UK levies
KEY POINTS
Shell expects a fourth-quarter tax hit of $2 billion, following additional levies in the U.K. and European Union.
The company expects “significantly higher” results from its liquefied natural gas trading performance in the fourth quarter, compared with July-September.
Shell will release its final fourth-quarter results on Feb. 2.
Oil and gas major Shell said Friday it expects to take a $2 billion hit for the fourth quarter as a result of new taxes in the European Union and U.K.
“The Q4′22 earnings impact of recently announced additional taxes in the EU (the solidarity contribution) and the deferred tax impact from the increased UK Energy Profits Levy is expected to be around $2 billion,” the company said in a trading update.
The EU agreed in September that oil and gas companies will pay a levy on surplus profits made in 2022 or 2023. The “solidarity contribution” will see firms pay 33% of profits above their average taxable profits.read more
Dec 22nd, 2022
by John Donovan.
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Report: Output from Shell’s Prelude FLNG Shut Again
BY Bartolomej Tomic, managing editor of Offshore Engineer.
December 22, 2022
Shell has stopped production at its Prelude floating LNG plant off Western Australia after a fire.
A Shell spokesperson told Reuters on Thursday that the fire at the giant FLNG unit “was rapidly extinguished.”
The 488-meter-long, Shell-operated, Prelude FLNG unit forms part of an offshore development that produces natural gas from the remote namesake field, located approximately 475 km north-northeast of Broome in Western Australia. The Prelude is the world’s largest FLNG unit.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
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
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
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
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 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
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
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 28th, 2021
by John Donovan.
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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
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
Oct 5th, 2021
by John Donovan.
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Gas market turbulence will pass, says Shell executive
October 5, 20215:18 PM BST
LONDON, Oct 5 (Reuters) – The gas market has faced a “perfect storm” of cold weather, supply concerns and increased demand but it will stabilise eventually, an executive at Royal Dutch Shell (RDSa.L) said on Tuesday.
“This turbulence will pass. It might take a while, but the market will stabilise at sensible levels,” De la Rey Venter, executive vice president at LNG West, which handles Shell’s natural gas assets in Canada, Europe Africa and Latin America, told a virtual conference.read more
Aug 12th, 2021
by John Donovan.
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August 11, 2021
Shell has moved forward its target to install AdBlue dispensers for passenger cars at 500 of its 2,000 gas stations in Germany by two years, reports Argus Media.
Shell had installed AdBlue dispensers at 200 sites in Germany as of July. It now plans to have 300 more available to drivers by the end of 2022.
LONDON, July 12 (Reuters) – Oil major Shell (RDSa.L) has signed a five-year contract with PetroChina (601857.SS) to supply the Chinese company with carbon-neutral liquefied natural gas (LNG) cargos, Shell said on Monday.
Reporting by Susanna Twidale, editing by Louise HeavensFULL ARTICLE
Jul 2nd, 2021
by John Donovan.
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REUTERS
Chevron, partners go ahead with $4 bln project at Gorgon LNG
MELBOURNE, July 2 (Reuters) – Chevron Corp (CVX.N) and its partners in the Gorgon LNG project off Western Australia have agreed to go ahead with a $4 billion project to improve gas recovery from offshore wells and keep the huge liquefied natural gas plant filled for 40 years.
May 7th, 2021
by John Donovan.
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NAM director calls for rethink on Groningen earthquake damage
Just 50 not 26,000 homes in the Groningen earthquake area need strengthening to comply with the latest safety standards, according to Johan Atema, director of gas company NAM in the NRC.
So far 2,000 homes have been strengthened because they are vulnerable to the quakes, caused by the ground settling after natural gas has been extracted. And only half the 26,000 homes identified as being problematic have actually been inspected.read more
May 5th, 2021
by John Donovan.
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Cheniere and Shell deliver carbon-neutral U.S. LNG to Europe
Sabrina Valle:
U.S. liquefied natural gas company Cheniere Energy Inc (LNG.A)said Tuesday it supplied a carbon neutral cargo to Royal Dutch Shell (RDSa.L) as part of a long-term agreement, joining a list of sellers neutralizing emissions as more buyers commit to environmental targets.
“I think offering climate solutions to our customers is going to be a bigger and bigger portion of our business,” Cheniere Chief Executive Jack Fusco said during the company’s first quarter earnings call.read more
The Australian boss of global energy giant Shell sees demand for liquefied natural gas exports continuing to grow until at least the late 2030s even as COVID-19 hastens the shift away from planet-warming fossil fuels.
Shell, which believes its oil output may have hit a peak in 2019 and is now likely to gradually decline, has revealed a brighter outlook for its liquefied natural gas (LNG) assets including those in Queensland and off Western Australia.read more
QGC Common Facilities Company Pty Ltd, a wholly-owned subsidiary of Shell, today announced it has completed the sale of a 26.25% interest in the Queensland Curtis LNG (QCLNG) Common Facilities to Global Infrastructure Partners Australia for US$2.5 billion, following the receipt of regulatory approval.
The sale was announced on December 21, 2020, and is consistent with Shell’s strategy of selling non-core assets in order to further high-grade and simplify Shell’s portfolio. The transaction has an economic reference date of January 1, 2021.read more
Mar 11th, 2021
by John Donovan.
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Shell to Charter 10 New Dual-Fuel Crude Tankers
March 11, 2021
Oil major Shell has signed agreements to charter ten new crude tankers powered by dual-fuel liquefied natural gas (LNG) engines, with the company planning to halve half of the long-term chartered crude tankers run on LNG in 2023.
Four of the very large crude carriers (VLCCs) have been chartered from Advantage Tankers, three from AET, and three from International Seaways. All 10 ships will be built in South Korea by DSME, the first operational from 2022, and be on charter to Shell for seven years.read more
Feb 12th, 2021
by John Donovan.
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Shell LNG Canada’s coronavirus restart plan approved
·
Feb 12 (Reuters) – Royal Dutch Shell’s LNG Canada export project in British Columbia has won approval from health officials for construction to ramp back up with improved coronavirus protection measures.
Work at the site was curtailed last month by an order from the Provincial Health Officer which applied to five major industrial projects in British Columbia, including LNG Canada.
“Our approved restart and measured workforce increase at the project site will continue over the coming months,” LNG Canada and JGC I Fluor, the engineering joint venture building the project, said in a statement on Thursday.read more
Jan 16th, 2021
by John Donovan.
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Shell resumes production at massive floating LNG plant
Article by Adam Duckett: 14JAN 2021
SHELL has resumed production of LNG from its huge floating processing plant – Prelude – following a series of project setbacks that halted output for almost a year.
The oil major said this week: “LNG cargoes have resumed from Shell’s Prelude FLNG facility.”
Shell repeated the statement it has made in response to a series of setbacks at the project, which at 488 m long is the largest ship ever built: “Prelude is a multi-decade project, and our focus remains on delivering sustained performance over the long-term.”read more
Royal Dutch Shell (RDS.A-0.8%) says cargo shipments have resumed at its 3.6M mt/yr Prelude floating LNG offshore Western Australia, 11 months after it went offline because of technical issues.
Prelude FLNG in the Browse basin has been plagued by technical issues since it started shipments in June 2019.
The Symphonic Breeze LNG carrier is scheduled to arrive at Japan’s Himeji port on Jan. 16 after leaving Prelude on Jan. 9, and the Gaslog Glasgow is scheduled to arrive at Prelude on Jan. 21, Argus reports.
Prelude’s restart follows a spike in prices for northeast Asian spot liquefied natural gas as colder than expected weather in northeast Asia has fueled urgent demand for cargoes.
Jan 9th, 2021
by John Donovan.
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Fishermen lose out as oil giant Shell delays survey on gasfields off Whitby and Scarborough
Anglo-Dutch oil giant Shell has postponed a seismic survey on two gasfields off the North Yorkshire coast, disappointing fishermen who were in line for tens of thousands of pounds of compensation.
The energy firm had been looking to conduct the 3D survey on the Resolution – first discovered in 1966 – and Endeavour gasfields in the first quarter of this year, but said it needed more time to “conclude agreements with commercial and other stakeholders in the area”.read more
Dec 27th, 2020
by John Donovan.
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2020 Was One of the Worst-Ever Years for Oil Write-Downs
Royal Dutch Shell’s Prelude floating facility has struggled to deliver income. PHOTO: ROYAL DUTCH SHELL AUSTRALIA/REUTERS
By Collin Eaton and Sarah McFarlane: Dec. 27, 2020 9:00 am ET
The pandemic has triggered the largest revision to the value of the oil industry’s assets in at least a decade, as companies sour on costly projects amid the prospect of low prices for years.
Oil-and-gas companies in North America and Europe wrote down roughly $145 billion combined in the first three quarters of 2020, the most for that nine-month period since at least 2010, according to a Wall Street Journal analysis. That total significantly surpassed write-downs taken over the same periods in 2015 and 2016, during the last oil bust, and is equivalent to roughly 10% of the companies’ collective market value.read more
The Empire State’s pension fund is the largest to dump fossil fuel investments ― ever, in the entire world.
New York state announced plans on Wednesday to eject oil and gas stocks from its $226 billion financial portfolio, becoming the first U.S. state and the biggest pension fund anywhere to divest from fossil fuels.
By 2025, the New York State Common Retirement Fund, which disburses some $1 billion in benefits to retirees each year, will sell off its “riskiest” oil and gas stocks, following a review. The state aims to completely eliminate carbon polluters from its portfolio by 2040.read more
Dec 3rd, 2020
by John Donovan.
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Shell to double LNG bunkering fleet by 2025
Published date: 03 December 2020
Shell plans to “more than double” its LNG bunkering vessel fleet by 2025, the firm’s executive vice-president Steve Hill said at the virtual CWC World LNG summit.
The firm has six LNG bunkering vessels already in operation or about to start service, Hill said.
LNG is set to sharply increase its share of the bunkering market in the coming years, also thanks to its global availability, he added. LNG is already available “in all major ports”, and a widespread use as a marine fuel only requires “those last mile investments” to make it available for bunkering operations, he said.read more
Nov 13th, 2020
by John Donovan.
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Shell Canada gives customers option to offset their carbon emissions for two cents per litre
ByDan Healing The Canadian Press: Posted November 12, 2020 10:03 am: Updated November 12, 2020 6:14 pmA customer fills her full-size sport-utility vehicle at a Shell station in Mississauga, Ont. in this September 28, 2004 photo. The Sobeys grocery store chain is expanding its gasoline retailing business with the purchase of 250 gas stations in Atlantic Canada and Quebec from Shell Canada. THE CANADIAN PRESS/J.P. Moczulski. THE CANADIAN PRESS/J.P. Moczulski
Shell Canada is letting carbon-conscious customers get their two cents in for the environment while filling up at one of its 1,400 stations across Canada.
The Canadian branch of Royal Dutch Shell is launching its Drive Carbon Neutral program on Thursday to allow customers to help it buy offset credits to reduce net carbon dioxide emissions from the production, refining and burning of fossil fuels.read more
Oct 29th, 2020
by John Donovan.
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Shell to axe refining plants and focus on dividends and debt reduction
Philip Whiterow: 07:31 Thu 29 Oct 2020
Royal Dutch Shell PLC (LON:RDSB) has unveiled a huge restructuring of its refining and chemical operations as part of a strategic overhaul that places dividends at its centre.
The Anglo-Dutch giant said its fourteen refining sites will be reduced to six integrated chemical parks, with a switch in focus to performance chemicals and recycled feedstocks.
Shell’s marketing arm will also be strengthened with the development of the integrated power business and hydrogen and biofuels.read more
Two years after a Royal Dutch Shell PLC-led consortium gave the commercial go-ahead for the massive LNG Canada export terminal in British Columbia — dubbed the single largest private sector investment in Canadian history — construction delays have clouded the LNG supply picture and raised the prospect of cost overruns.
The project was likely about four months behind schedule in February because of factors that included delays in engineering and making equipment for the terminal off-site, according to analysts at the investment research firm Webber Research & Advisory. Now the project is probably around six months behind, which is enough to suggest the potential for significant cost overruns and pressure on a planned expansion, the firm said.read more
Sydney — Australia has cut forecasts for the country’s LNG exports for 2020-2021 (July-June) by some 6% to 75.6 million mt, citing the expected impacts of both the COVID-19 pandemic and domestic technical issues.
If realized, the forecast for the current fiscal would see volumes fall by 3.7 million mt year on year. They are expected to recover in 2021-2022 to 80.1 million mt, the Department of Industry, Science, Energy and Resources said Sept. 28 in a report.read more
Aug 12th, 2020
by John Donovan.
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LNG revenues smashed on price slump
Angela Macdonald-Smith, Senior resources writer:12 Aug 2020
Australia’s revenues from LNG exports slumped a massive 52 per cent in July compared with a year earlier as export prices followed crude oil prices into the basement, cementing prospects for a big dip in export earnings from the commodity this financial year.
LNG export revenues for the country were likely about $1.98 billion last month, sinking from north of $4 billion a year earlier, according to an analysis released on Wednesday by consultancy EnergyQuest.read more
Aug 7th, 2020
by John Donovan.
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Shell to change-up FIFO roster at Australian operations
Paul Hunt: Senior Journalist: Oil & Gas, Policy. 07 August 2020
SHELL is urging its staff to move to a new fly-in, fly-out, roster, a move that has been described by unions as “unsafe.”
Currently FIFO staff work three weeks on, four weeks off, then three weeks on and five weeks off but under the new proposed agreement, employees would simply do a four week on, four week off roster.
In a power-point presentation leaked to Energy News this week, Shell Australia said a new roster was needed due to interstate travel restrictions, and the combined impact of a 14-day quarantine requirement for FIFO staff.read more
Aug 5th, 2020
by John Donovan.
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Shell gets green light for huge Crux backfill project
SHELL Australia has been granted approval by the national oil and gas regulator for development of its massive Crux field offshore Western Australia, though the company earlier flagged a delay to the development thanks to pandemic and oil price concerns.
Paul Hunt: Senior Journalist: Oil & Gas, Policy. 05 August 2020
The 2 trillion cubic feet Crux gas field project will be the source of backfill for the Prelude floating LNG vessel, which has not sent a cargo since February.
The development will consist of five subsea production wells tapping into the northern Browse Basin, which will then be tied back to an unmanned platform.read more
Shell Tankers (Singapore) Private Limited (“Shell”) has agreed long-term charter contracts for six newbuild liquefied natural gas (LNG) carriers.
Shell has signed separate agreements for two LNG ships each with affiliates of Knutsen LNG, Korea Line Corporation, and ICBC Financial Leasing and institutional investors advised by J.P. Morgan Asset Management.
The state-of-the-art 174,000 cbm LNG ships will be built by Hyundai Heavy Industries and Hyundai Samho Heavy Industries. They will all be equipped with efficient dual-fuel X-DF engines, boil-off management plants, air lubrication systems and shaft generators for auxiliary power. The design and addition of energy efficiency technologies will give these ships the best emissions performance in their class.read more
Jul 9th, 2020
by John Donovan.
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Shell eyes $2.2 billion divestment from giant Indonesia gas project
by Damon Evans:09/07/2020, 3:40 pmShell is pushing ahead with plans to divest its share of the giant Abadi LNG project in the Masela Block offshore Indonesia.
Its 35% stake is valued at $2.2 billion, data from Rystad Energy shows. But, despite the block’s close proximity to Asian demand markets, it will be tough to find buyers for one of the world’s largest undeveloped gas resources, potentially leaving the project in limbo.A spokesperson for Indonesian upstream regulator SKK Migas told local media on 6 July that the Anglo-Dutch supermajor had decided to exit the proposed project due to the low oil price environment and development delays caused by the COVID-19 pandemic.
Similar rumours about Shell’s exit emerged in early 2019, but Inpex, the Japanese operator of the Masela Block, subsequently won approval for a new development plan, including additional fiscal incentives to enhance the project’s economics, Andrew Harwood, Asia Pacific research director at Wood Mackenzie, told Energy Voice.
However, “there is more substance behind the news this time, with Shell’s recent decision to write-down the value of its upstream portfolio perhaps signaling a wider portfolio review,” added Harwood.read more
Royal Dutch Shell (RDS.A, RDS.B) says all conditions have been met for the final investment decision on a new liquefied natural gas processing unit at Nigeria LNG, including a formal commitment from the groups expected to provide financing for the project.
Nigeria LNG is a joint venture, with 49% owned by Nigerian National Petroleum, 26% by Shell, 15% by Total (NYSE:TOT) and 10% by Eni (NYSE:E).
Once operational, the new unit Train 7 will add 8M metric tons/year of capacity to the Bonny Island facility, taking the total to ~30M mt/year.read more
May 13th, 2020
by John Donovan.
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Sakhalin-2 LNG postpones part of maintenance to 2021 -source
13/05/2020
Russia’s Sakhalin-2 liquefied natural gas (LNG) plant will postpone some annual maintenance work to 2021 due to logistic difficulties over the spread of the coronavirus, a source familiar with the plans told Reuters on Tuesday.
Russia’s second-largest LNG plant after Novatek-led Yamal LNG had initially planned to complete the work this summer.
However, the source said the maintenance would be done gradually, at one of two lines and start in June. The first stage of the maintenance would last about a month, the source said.read more
Apr 14th, 2020
by John Donovan.
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SINGAPORE, April 14 (Reuters) – GCL Oil& Natural Gas Co Ltd has entered a framework agreement with Royal Dutch Shell to explore setting up a joint venture based in eastern China to market and trade liquefied natural gas (LNG), the privately owned Chinese company said on Tuesday.
The proposed JV would secure LNG supplies from Shell and market the fuel to a receiving terminal which GCL is planning in Jiangsu province, GCL said in a statement.
A Shell spokeswoman confirmed the agreement.read more
Apr 13th, 2020
by John Donovan.
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APRIL 13, 2020 / 7:53 AM /
SINGAPORE (Reuters) – Shell has, in an unusual move, offered liquefied natural gas (LNG) cargoes for loading from 2021 onwards for a period of at least five years through a tender, three traders said on Monday.
The firm has issued a five-year strip tender offering four cargoes a year from 2021 onwards with an option to extend for another five years, two of them said.
The tender closes on May 18, they added.
The cargoes are likely for loading from Australia, one of them said.read more
— Royal Dutch Shell Plc’s greenhouse gas emissions edged lower last year due to asset sales, while the amount of natural gas burned off wastefully from its facilities — known as flaring — increased.
Shell’s direct emissions fell to 70 million tons of carbon dioxide equivalent in 2019 from 71 million a year earlier, it said Tuesday in a report. That’s the lowest since 2016.
“The main reasons for the decrease were divestments (for example, in Argentina, Canada, Iraq, Malaysia, Norway and the U.K.),” the report said. “These decreases were partly offset by the startup of the Prelude floating liquefied natural gas facility in Australia.”read more
(RTTNews) – Royal Dutch Shell plc (RDS-B, RDSB.L, RDSA.L, RDS-A) Tuesday said it expects to record post-tax impairment charges in the range of $400 million to $800 million for the first quarter, based on changes to oil price outlook for 2020.
In its first-quarter trading update, the company said it expects Integrated Gas production to be between 920 and 970 thousand barrels of oil equivalent per day. LNG liquefaction volumes are expected to be between 8.8 and 9.2 million tonnes.
In the Upstream, production for the quarter is expected to be between 2,650 and 2,720 thousand barrels of oil equivalent per day.read more
* Energy Transfer delays FID from late 2020 to early 2021
* Shell relinquishes 50% stake amid spending cuts
* Decision comes after collapse in oil prices
By Ron Bousso and Shradha Singh
March 30 (Reuters) – Royal Dutch Shell Plc pulled out of a major liquefied natural gas (LNG) export plant under development in Louisiana following the recent crash in oil and natural gas prices that has forced the company to make deep spending cuts.
Energy Transfer LP, which was developing the project with Shell, said it remains focused on the commercial development of Lake Charles and is working toward making an early 2021 final investment decision (FID) to build the plant.read more
Canada’s C$40 billion ($30 billion) inaugural natural gas export project on the west coast has remained on schedule despite the global Covid-19 outbreak, project managers said in an update.
The executives overseeing the Royal Dutch Shell plc-led LNG Canada project said the British Columbia (BC) construction labor force of more than 2,000 had so far remained sealed against the pandemic. Crews of 1,200 building the liquefied natural gas (LNG) export terminal’s supply pipeline, Coastal GasLink (CGL), had also to date evaded the pandemic.read more
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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.
This is not a Shell website. That fact should be abundantly plain from the overall content of this home page and our sister Shell focussed websites, including shellnazihistory.com. Click on the Disclaimer link at top of this page for more information. You Can Be Sure Shell does not endorse or approve of this website. There are no subscription charges nor do we solicit or accept donations. It is an entirely free to use website drawing attention to the negative side of Shell while also publishing positive news about the company. The Shell logo image with the white text used on this website, as per the above example, is in the public domain because its copyright has expired and its author is anonymous. It can be found on WIKIMEDIA COMMONS. Our shellenergy.websitepublishes Shell Energy customer complaints posted on Trustpilot where there is an ample supply. Use this link for Shell’s own website.
Shell Breaking News
Shell Renewables Head to Leave Amid Fossil Fuel ShiftJune 30, 2023 14:49Financial PostBreadcrumb Trail Links PMN Business Shell Plc’s European renewable power boss Thomas Brostrom has decided to leave the company as the oil supermajor revises its strategy to focus more investment into fossil fuels. Author of the article: Bloomberg News …
Shell and BP take a beating as bank woes hit crude pricesMarch 15, 2023 17:36Proactive InvestorsBP PLC (LSE:BP.) and Royal Dutch Shell PLC (LSE:SHEL, NYSE:SHEL) shares have taken a hit, dropping over 8%, due to a sell-off in the banking sector.
The natural resources market has been volatile, with Brent Crude and West Texas Intermediate falling by 4- …
Shell CEO Pay Up 50%March 9, 2023 21:23Manufacturing Business TechnologyCEO of Royal Dutch Shell Ben van Beurden speaks at a meeting with Russian President Vladimir Putin in Moscow, Russia, Wednesday, June 21, 2017. Shell paid outgoing Chief Executive Ben van Beurden a total of 9.7 million pounds ($11.5 million) in 2022 as the …
Former Shell CEO's pay jumped 53% to $11.5m in 2022March 9, 2023 11:17Gulf NewsBen van Beurden, chief executive officer of Royal Dutch Shell, speaks during the 26th World Gas Conference in Paris, France, June 2, 2015
Image Credit: Reuters
London: Shell's former chief executive, Ben van Beurden, received a pay package of 9.7 …
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?