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
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
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
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
Apr 28th, 2022
by John Donovan.
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Shell Signs Production Sharing Contract for Atapu Field in Brazil
Apr 27, 2022
Today, Shell Brasil Petróleo Ltda.(Shell Brasil), a subsidiary of Shell plc, signed the Production Sharing Contract (PSC) to formally acquire a 25 percent stake of the Atapu field. Shell paid $ 1.1 billion to Petrobras for the increased stake in the field. With the contract now signed, Shell will start receiving its additional share of oil from the field.
Notes to editors
Shell Brasil Petroleo is a subsidiary of Shell plc.
In December 2021 in the Transfer of Rights auction, Shell along with partners Petrobras (52.5%, operator) and TotalEnergies (22.5%) acquired the rights to volumes from the Atapu field.
Atapu is a pre-salt oil field in the Santos Basin located in waters depths of about 2,000 meters. Production started in 2020 through the P-70 Floating, Production, Storage and Offloading unit (FPSO) which has the capacity to produce 150,000 barrels of oil equivalent (boe) per day.
The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this press release, “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this press release refer to entities over which Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. “Joint ventures” and “joint operations” are collectively referred to as “joint arrangements”. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.read more
Apr 20th, 2022
by John Donovan.
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Strong progress towards net zero for Shell
Apr 20, 2022
Shell today published its Energy Transition Progress Report 2021 detailing the company’s progress over the past year. This report will be put to shareholders for an advisory vote at the Annual General Meeting on 24 May 2022.
“In a time of great uncertainty, it is vital that our long-term energy transition strategy remains on track,” said Ben van Beurden, Shell’s Chief Executive Officer. “This report shows the strong progress we have made towards our target to become a net-zero emissions energy business by 2050.”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
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 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’s chief financial officer is to stand down after deciding that her family could not follow the oil giant in its move to Britain.
Jessica Uhl, 54, has held the role since March 2017 and was a “key architect” of Shell’s decision to simplify its share structure and move its headquarters and the roles of chief executive and chief financial officer from the Hague to London.read more
A bitter legal dispute between the Nigerian state and banking giant JP Morgan is due to be heard in the UK’s High Court this week.
JP Morgan is being sued by the Nigerian government over allegations it negligently allowed corrupt officials to pilfer more than three quarters of a $1.3bn oil investment, the Telegraph first reported. Court filings reportedly state that JP Morgan should have been aware that the transactions it was asked to perform, transferring hundreds of millions of dollars to foreign bank accounts controlled by Nigerian oil minister Dan Etete, were potentially fraudulent.read more
Feb 20th, 2022
by John Donovan.
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REUTERS
U.N. pact may restrict plastic production. Big Oil aims to stop it
By John Geddie, Valerie Volcovici and Joe Brock: Fri., February 18, 2022
A global explosion of disposable plastic, which is made from oil and gas, is increasing carbon emissions, despoiling the world’s oceans, harming wildlife and contaminating the food chain. More than 50 countries, including all 27 members of the European Union, are calling for the pact to include measures targeting plastic production.
That’s a problem for big oil and chemical companies. The industry is projected to double plastic output worldwide within two decades.read more
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
Shell has delayed expansion work at its Nigerian offshore Bonga field by another two years, dealing a major blow to the West African country’s quest to grow its crude production after a series of technical and operational setbacks, sources close to the project said Feb. 2.
t was only in May 2021 that Shell, along with its partners, signed a deal with state oil company Nigerian National Petroleum Company Ltd (NNPC) in the deepwater oil block Oil Mining Lease 118, clearing the path to a major expansion of the country’s Bonga oil and gas field.read more
It has been a bumper three months for energy giant Shell, which managed to increase its profits nearly fourteen-fold amid soaring oil and gas prices.
As prices surged, the company’s upstream unit was able to collect 8.88 dollars for every thousand cubic feet of gas it sold to customers over the last quarter of 2021.
Just six months earlier gas had been selling for 4.31 dollars, less than half of its most recent level.read more
While all recent oil exploration attention has been on Exxon’s (NYSE:XOM) massive string of discoveries in Guyana, another giant player and a junior explorer are shifting to focus toward what may be the next up-and-coming oil hotspot …
It’s Namibia–a country that’s never produced a barrel of oil.
We don’t hear much about new oil discoveries these days. Onshore discoveries are almost unheard of because nearly everything except the African final frontier has been explored. Offshore discoveries are few and far between.read more
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
Jan 21st, 2022
by John Donovan.
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Bloomberg
Shell Officially Drops ‘Royal Dutch’ From Name After Relocation
By Laura Hurst: 21 January 2022, 17:28 GMT
Shell Plc has dropped “Royal Dutch” from its name, part of a major overhaul of its legal and tax structure announced in December.
The energy giant officially changed its name on Friday, according to a statement, following earlier approvals from its shareholders and board of directors.
Shell’s overhaul involves integrating its dual-share structure into a single line of shares and relocating its headquarters to London. The changes will only involve about a dozen executives – including Chief Executive Officer Ben van Beurden and Chief Financial Officer Jessica Uhl — moving to the U.K. capital.read more
Milieudefensie, the Dutch chapter of Friends of the Earth activists who won a landmark climate case against Shell in 2021, now urge more than two dozen other multinationals, including BP, Exxon, Vitol, and LyondellBasell, to implement plans to slash emissions by at least 45 percent by 2030 from 2019 levels.
In a letter sent on Thursday to 29 “big polluters”, including Shell, BP, Exxon, Vitol, LyondellBasell, RWE, Unilever, Uniper, Stellantis, Schiphol, ABN AMRO, and others, Milieudefensie asks the companies to respond how they plan to cut their Scope 1, 2, and 3 emissions by at least 45 percent by 2030.read more
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
Jan 5th, 2022
by John Donovan.
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The Maritime Executive
NGOs Say Refugees on Shell Oil Platform Returned to Tunisian Navy
Published Jan 4, 2022
Several NGOs operating rescue operations in the Mediterranean are accusing oil industry giant Shell and the government of Malta of a failure to properly safeguard approximately 70 refugees who had sought refuge in bad weather at a Shell-operated oil platform in the Mediterranean. The refugees were removed from the platform by a Tunisian naval vessel and according to the NGOs are being returned to unsafe circumstances in Africa.read more
A South African court has blocked Shell’s seismic survey along the country’s eastern coastline, handing environmentalists a strong victory against the oil company.
The survey aimed to examine a 155-mile stretch of coastline in Eastern Cape Province. The seismic blasting process involves firing high-powered air guns every 10 seconds and measuring the echoes to detect cavities under the sea bed.read more
Dec 28th, 2021
by John Donovan.
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iol.co.za
Court halts Shell’s seismic survey along the Wild Coast
By Brenda Masilela : 28 Dec 2021
PRETORIA – The Grahamstown High Court in Makhanda on Tuesday granted an interdict against Shell’s seismic survey along the Wild Coast
This a second application made in the same court to stop oil multinational Shell’s seismic survey along South Africa’s Wild Coast.
Three weeks ago, Judge Avinash Govindjee dismissed the application by activists – including Greenpeace – to stop the survey on the basis that “irreparable harm” to marine species had not been proved.read more
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 20th, 2021
by John Donovan.
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DOW JONES NEWSWIRES
Shell to Proceed With Share Simplification; Will Change Name in January
Royal Dutch Shell PLC said Monday that it has decided to proceed with simplifying its share structure, shifting its tax residence to the U.K., and it will change its name to Shell PLC in January.
The energy company said it expects to change its name in the week beginning Jan. 24.
Shareholders in the company approved the amendment of the group’s articles of association on Dec. 10, after Shell proposed in November to collapse its current dual-share class and move its tax residency to the U.K. from the Netherlands.read more
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 8th, 2021
by John Donovan.
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The Citizen
Shell slapped with a fresh interdict over Wild Coast seismic survey
The interdict application will be heard before Govindjee in the Makhanda High Court on 14 December.
Petroleum giant Royal Dutch Shell is set to face another urgent interdict by a second batch of environmental organisations, in an attempt to halt the 3D seismic survey currently underway along the Wild Coast.
This time, the application is being brought forward by the Amadiba Crisis Committee (ACC) and Sustaining the Wild Coast.
The first application, which was dismissed in the Makhanda High Court last week, involved Natural Justice, Greenpeace Africa, Border Deep Sea Angling Association and Kei Mouth Ski Boat Club.read more
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
HOUSTON, Dec. 1, 2021 /PRNewswire/ — Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has completed the sale of its interest in the Permian to ConocoPhillips for $9.5 billion in cash. The agreement covers the sale of Shell’s 225k net acres and existing production of around 175 thousand barrels equivalent per day.
As noted in the announcement of the agreement for the sale of Shell’s Permian business, this deal reflects Shell’s focus on value over volumes as well as disciplined stewardship of capital. This transaction was made possible by the Permian team’s outstanding operational performance and provides excellent value to our shareholders through accelerated cash delivery and additional distributions.read more
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
Dec 1st, 2021
by John Donovan.
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Shell completes sale of its Permian business to ConocoPhillips
Shell International B.V.
Wed, December 1, 2021, 9:18 PM
HOUSTON (December 1, 2021) – Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has completed the sale of its interest in the Permian to ConocoPhillips for $9.5 billion in cash. The agreement covers the sale of Shell’s 225k net acres and existing production of around 175 thousand barrels equivalent per day.
As noted in the announcement of the agreement for the sale of Shell’s Permian business, this deal reflects Shell’s focus on value over volumes as well as disciplined stewardship of capital. This transaction was made possible by the Permian team’s outstanding operational performance and provides excellent value to our shareholders through accelerated cash delivery and additional distributions.read more
As Shell relocates to the UK, Project Fear reveals four major warnings that Remainers got wrong.
BREXIT BRITAIN’S most recent victory, which will see oil giant Shell relocate its headquarters to the UK, has sparked new Frexit calls, with one leading campaigner insisting that it once again proves Project Fear was “wrong on everything.”
Royal Dutch Shell is scrapping its dual share structure and relocating its headquarters from the Netherlands to the United Kingdom, a major victory for Brexit Britain.read more
Nov 28th, 2021
by John Donovan.
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Shell Seismic Surveying: What’s all the fuss about?
By Dominic Naidoo: 28 Nov 2021 iol.co.za news
Dutch energy giant, Shell, will soon be embarking on four to five months of geographic seismic surveying off the coast of the Eastern Cape and parts of the Western Cape provinces.
Thousands of South Africans are protesting against the planned survey with demonstrations taking place around the country and an online petition which garnered around 286 000 signatures as of Thursday morning.
But what is all the fuss about? What exactly is seismic surveying and why is it bad for the marine environment?read more
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.
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.
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?
Daily Mail
The Telegraph
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By Annabelle Liang: Business reporter: 25 May 2022
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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:
