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

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

Reuters

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

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

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell offloads Permian Basin assets to ConocoPhillips for $9.5bn

The Times

Shell offloads Permian Basin assets to ConocoPhillips for $9.5bn

Callum Jones, US Business Correspondent: Tuesday September 21 2021

Royal Dutch Shell pledged to return more than £5 billion to shareholders after selling out of America’s largest oilfield.

The Anglo-Dutch oil company has agreed to offload its operations in the Permian Basin to ConocoPhillips for $9.5 billion in cash.

The energy group had spent the summer considering its future in what has been deemed the world’s most important oil and gas site, having pledged to take bold action to reduce carbon emissions amid mounting pressure from campaigners. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

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

REUTERS:

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

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

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

Aviation, accounting for 3% of the world’s carbon emissions, is considered one of the toughest sectors to tackle due to a lack of alternative technologies to jet fueled-engines.

Produced from waste cooking oil, plants and animal fats, SAF could cut up to 80% of aviation emissions, Shell said.

Anglo-Dutch Shell, which aims to reduce emissions from fuels it sells to net zero by 2050, is in the midst of a large overhaul aimed at producing more low-carbon fuels such as biodiesel and SAF, as well as hydrogen. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell to build Dutch biofuels plant in net-zero push

Photo Credit: Photographic Services, Shell International Limited.

REUTERS

Shell to build Dutch biofuels plant in net-zero push

Sept 16 (Reuters) – Royal Dutch Shell (RDSa.L) plans to build a biofuels facility in the Netherlands to help achieve its target of net-zero carbon emissions by 2050, it said on Thursday.

Reporting by Siddarth S in Bengaluru; Editing by Aditya Soni FULL ARTICLE
royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Vermont sues 4 oil companies, alleges false info on climate

The Washington Post:

Vermont sues 4 oil companies, alleges false info on climate

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

BURLINGTON, Vt. — Vermont on Tuesday became the latest state to sue some of the country’s top fossil fuel companies by alleging they misled the public about the impact their products have on climate change.

The suit names ExxonMobil Corporation, Shell Oil Company, Sunoco LP, CITGO Petroleum Corporation and other corporations.

“They have known for decades that the Earth’s climate has been changing because of emissions of CO2 and other greenhouse gases, and that the fossil fuels they sell are the primary source of those emissions,” the lawsuit said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

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

Seeking Alpha

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

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

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

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Japan’s Mitsubishi partners with Shell Canada in clean energy push

    REUTERS

    Japan’s Mitsubishi partners with Shell Canada in clean energy push

    Sept 8 (Reuters) – Japan’s Mitsubishi Corp (8058.T) and Shell Canada (RDSa.L) have signed a memorandum of understanding to produce low-carbon hydrogen to support Japan’s push for clean energy, the companies announced on Wednesday.

    Mitsubishi plans to build and start up the low-carbon hydrogen facility near Shell’s Scotford, Alberta, facility toward the latter half of this decade, the companies said in a statement. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Code red for humanity?

    CITY A.M.com

    Shell and BP: why we’re hopeful for a sensible transition to renewables

    Sue Noffke: Monday 6 September 2021 9:13 am

    The devastating effects of unchecked global warming were laid bare by this week’s landmark report from the Intergovernmental Panel on Climate Change (IPCC).

    UN secretary-general António Guterres described the report’s findings as “a code red for humanity”.

    The world’s major energy companies were already on the front line of the climate change battle, but following this week’s report public scrutiny of the industry can only intensify. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell to vastly expand EV charging network in Britain

    Photo Credit: Photographic Services, Shell International Limited.

    REUTERS

    Shell to vastly expand EV charging network in Britain

    By 

    LONDON, Sept 1 (Reuters) – Royal Dutch Shell (RDSa.L) on Wednesday announced plans to vastly expand its network of electric vehicle charging points in Britain, aiming to install 50,000 on-street posts by 2025.

    Shell will implement the plans through ubitricity, an on-street charging point company that it acquired in February which operates around 3,600 chargers in Britain. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Elevated flaring reported at Shell’s Louisiana refinery, chemical plant in Ida’s wake

    HOUSTON CHRONICLE

    Elevated flaring reported at Shell’s Louisiana refinery, chemical plant in Ida’s wake

    Aug. 31, 2021

    Royal Dutch Shell on Tuesday said its Norco refinery and chemical plant in St. Charles Parish, La., was burning off more natural gas than usual after Hurricane Ida slammed the region Sunday.

    Shell’s Norco manufacturing complex is without power, and photos on social media show flooding at the site. The Hague-based oil major said it is assessing the condition of its Louisiana facilities that were shut down in advance of the Category 4 hurricane, and doesn’t know when they will resume full operations. The Norco facility can refine 230,600 barrels per day. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell unit commits to renewable-powered Timi gas project offshore Malaysia

    Reuters Shell unit commits to renewable-powered Timi gas project offshore Malaysia

    Aug 30 (Reuters) – Royal Dutch Shell plc (RDSa.L) said on Monday its subsidiary Sarawak Shell Berhad (SSB) has taken a final investment decision on the Timi gas development project offshore Malaysia, which will powered by solar and wind sources.

    The offshore wellhead project, developed with its partners Petronas Carigali and Brunei Energy Exploration, could see peak production of up to 50,000 barrels of oil equivalent per day (boe/d) and will move gas to the F23 production hub via an 80 kilometer-long pipeline, the company said in a release. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Extinction Rebellion activists glued to Science Museum site in Shell protest

    Extinction Rebellion activists glued to Science Museum site in Shell protest

    Kevin Rawlinson and agency: Sun 29 Aug 2021 20.09 BST

    Extinction Rebellion protesters have glued or locked themselves to the railings inside the Science Museum, in a protest against the oil firm Shell’s sponsorship of its exhibition about greenhouse gases.

    They chanted, “Hey hey, ho ho, sponsor Shell has got to go” as those outside sang “No more petrol, no more diesel, funding fossil fuels is evil”, waved flags and banners, played drums and blew whistles. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Kroger and Shell enter partnership agreement in Tampa

    CATALYST

    Kroger and Shell enter partnership agreement in Tampa

    August 26, 2021 – Kroger.com and Shell have announced a new partnership in Tampa that will allow customers to order groceries online at Kroger.com, have them delivered to their home and earn Fuel Points at Shell.

    By shopping at Kroger.com and earning Fuel Points, customers can save up to $1 per gallon by redeeming Fuel Points at Shell, according to Kroger’s announcement. There are 280 participating Shell stations throughout Jacksonville, Orlando and Tampa.  read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

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

    OILPRICE.COM

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

    Extracts

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

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

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

    Premium Times

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

    By Kunle Sanni: August 18, 2021

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

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

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

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    U.S. Gulf of Mexico oil producers consolidation accelerates

    REUTERS

    U.S. Gulf of Mexico oil producers consolidation accelerates

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

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

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

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

    12 August 2021

    Abuja — Shell Petroleum Development Company of Nigeria (SPDC), has finally agreed to pay compensation for oil spillages in the Ogoni community of Rivers State, to the tune of N45 billion, after over 31 years of legal battles.

    The legal battle, which commenced in 1991, saw judgment in favour of the Ogoni community in 2010 by Justice Ibrahim Buba of the Lagos division of the Federal High Court.

    But the oil giant declined payment and proceeded up to the Supreme Court twice; first in 2017 to appeal the judgment of the Court of Appeal, which had upheld the judgment of the trial court and in 2019, seeking a review of the apex court judgment dismissing its appeal. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Germany: Shell to fit 300 stations with AdBlue by the end of 2022

    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.

    FULL ARTICLE

    RELATED

    Shell commissions 100 fast-charging stations in Germany

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

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

    Agence-France Presse: Thu 12 Aug 2021 00.46 BST

    Royal Dutch Shell has agreed to pay around €95m (£80.4m/$111.6m) to communities in southern Nigeria over crude oil spills in 1970, lawyers involved in the case have said.

    “The order for the payment of [$111m] to the claimants is for full and final satisfaction of the judgement,” a local spokesman for Shell Petroleum Development Company of Nigeria said on Wednesday.

    Lucius Nwosa, a lawyer representing the Ejama-Ebubu community in Rivers state, confirmed the decision. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    UK Litigation Against Royal Dutch Shell Plc

    VOLTERRA FIETTA

    UK Supreme Court issues new decision on parent company liability in Okpabi and others v. Royal Dutch Shell Plc and another

    BRIEF EXTRACTS FROM E-NEWSLETTER 10 AUGUST 2021

    On 12 February 2021, the Supreme Court issued its unanimous judgment in Okpabi and others v. Royal Dutch Shell Plc and another [2021] UKSC 3, declaring that a claim brought by over 40,000 residents of two communities in the Niger Delta against two Shell group companies over alleged oil spills could proceed to the merits stage. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

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

    Museums Association

    SMG under fire for ‘gagging clause’ in Shell deal

    Geraldine Kendall Adams: 30 July 2021

    The Science Museum Group (SMG) has defended signing a “non-disparagement” agreement with the oil company Shell, the controversial sponsor of the Science Museum’s Our Future Planet exhibition on carbon capture technology.

    The so-called “gagging clause” was part of a contract between the two parties obtained by the anti-oil campaign group Culture Unstained under the Freedom of Information Act, which was reported on Channel 4 News this week. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

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

    DW.COM

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

    A Dutch court in January ruled that Shell had polluted the Niger Delta and ordered the energy giant to pay compensation. But many are now questioning whether it is enough to put right the misery suffered by the people.

    The conflict between the indigenous people of Ogoni in Nigeria’s Niger Delta is a perennial one.

    This year’s court ruling by an appeals court in the Netherlands — in favour of Milieudefensie/Friends of the Earth Netherlands and four Nigerian farmers — was heralded by some of them as justice. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell greenlights Gulf of Mexico ‘Whale’ oilfield project

    Reuters

    Shell greenlights Gulf of Mexico ‘Whale’ oilfield project

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

    Reporting by Ron Bousso; Editing by Edmund Blair and Barbara Lewis FULL ARTICLE
    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell CEO Says Company Will Appeal Climate Ruling

    Bloomberg

    Shell CEO Says Company Will Appeal Climate Ruling

    by Bloomberg| Laura Hurst & Diederik Baazil | Wednesday, July 21, 2021

    (Bloomberg) — Royal Dutch Shell Plc said it will appeal a ruling by a Dutch court which ordered it to cut its carbon emissions by 45% over the next decade.

    Shell has said it will speed up its energy transition plans in response to the order, but is looking to overturn it so it can stick to its own climate timetable. After intense pressure from investors, the May 26 ruling showed companies’ hands may increasingly be forced by courts, and result in far-reaching implications for the global energy industry. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Oil giant Shell set to appeal against ruling on carbon emissions

    The Guardian

    Oil giant Shell set to appeal against ruling on carbon emissions

    Company hopes to get Dutch court ruling overturned which called for it to cut emissions faster

    Jillian Ambrose: Tue 20 Jul 2021 16.42 BST

    Royal Dutch Shell has confirmed that it will appeal against the landmark Dutch court ruling calling for the oil giant to cut its carbon emissions faster.

    A court in The Hague reached the milestone verdict in May this year after Friends of the Earth and over 17,000 co-plaintiffs successfully argued that Shell had been aware of the dangerous consequences of CO2 emissions for decades, and that its climate targets did not go far enough. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell starts trading power from Europe’s largest battery storage project

    FORECOURTtrader

    Shell starts trading power from Europe’s largest battery storage project

    Shell has started trading power from Europe’s largest battery storage project, the 100-megawatt system in Minety in Wiltshire, South West England.

    Controlled and optimised by Shell-owned Limejump the battery, which is now fully operational, will help balance the UK’s electricity demand, providing electricity for up to 10,000 homes for a day before being recharged.

    Shell Energy Europe signed a multi-year offtake agreement in early 2020 to trade all of the power from the battery, as part of Shell’s wider work to help accelerate the transition to cleaner energy sources. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell and Scottish Power plot giant, floating offshore wind farm

    The Telegraph

    Shell and Scottish Power plot giant, floating offshore wind farm

    Shell and Scottish Power are joining forces to develop what could be the world’s first large-scale floating wind farms off Scotland’s north-east coast.

    The FTSE 100 oil and gas giant and the subsidiary of Spain’s Iberdrola have jointly submitted “multiple proposals” to Scotland’s first offshore wind leasing round in a decade. 

    Shell and Scottish Power are keen to boost their presence in a booming renewable power market as economies around the world try to slash carbon emissions. Shell is also under acute pressure to show it is cutting its reliance on fossil fuels.  read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Exxon and Shell join Scottish carbon capture project

    FINANCIAL TIMES

    Exxon and Shell join Scottish carbon capture project

    , Energy Editor: 16 JULY 2021

    The Acorn carbon capture and storage project in north-east Scotland has signed provisional deals with customers including ExxonMobil, Royal Dutch Shell and a company backed by Kuwait’s sovereign wealth fund, bringing together some of the largest operators in the UK North Sea.

    The memorandums of understanding announced on Friday cover two of the three terminals at St Fergus, one of which is jointly owned by ExxonMobil and Shell. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell signs five-year contract to supply PetroChina with carbon neutral LNG

    Reuters

    Shell signs five-year contract to supply PetroChina with carbon neutral LNG

    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 Heavens FULL ARTICLE
    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell issues £60 penalty after woman stops to breastfeed baby

    Guardian Money reported in 2019 on how both BP and Shell were quietly signing up parking firms to install CCTV cameras at the entrances and exits to petrol stations, which are then used to enforce a maximum stay limit. At the time, we found that it could be as little as 20 minutes at some Shell stations – although your letter suggests it is now just 15.

    Miles Brignall: Mon 12 Jul 2021 07.00 BST

    I have been sent a £60 parking penalty for spending more than 15 minutes in a Shell petrol station while I breastfed my 12-week-old baby. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell announce new pensions measure as rising oil prices boost fortunes

    EXPRESS

    Shell announce new pensions measure as rising oil prices boost fortunes

    Royal Dutch Shell has cheered pension funds and other investors by bringing forward plans to hand back billions. The global energy giant has announced the measure as the rising oil price boosts its fortunes. It plans to start returning 20 to 30 percent of its cash flow from operations to investors in dividend payments and share buybacks after its half-year results later this month, having cut its debts to £45billion. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Revealed: Fossil fuel companies lobby UK government for gas ‘compromise’ ahead of COP26

    channel4.com

    Revealed: Fossil fuel companies lobby UK government for gas ‘compromise’ ahead of COP26  

    Washington Correspondent: 7 July 2021

    Some of the world’s largest fossil fuel companies have lobbied the UK government to support a gas “compromise” ahead of the COP26 UN conference, Channel 4 News can reveal.

    Last year, representatives from ExxonMobil, Shell, Chevron, Equinor and BP met with the then UK trade minister for a private dinner in Texas where natural gas was championed as a “vital part of the solution” to tackling climate change, according to a freedom of information request obtained by Greenpeace UK’s investigations unit Unearthed and shared exclusively with this programme. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell to boost dividend as profits rise

    The Telegraph

    Shell to boost dividend as profits rise

    Royal Dutch Shell plans to increase payouts to shareholders amid the recovery in the global economy.

    The oil giant will raise dividends to within the range of 20pc to 30pc of cash flow from operations, starting from its second quarter results on July 29.

    It said the move comes on the back of a “strong operational and financial delivery, combined with an improved macro-economic outlook”.

    Oil prices have been rebounding as demand for crude has begun to recover, with many countries now emerging out of coronavirus lockdowns thanks to vaccination programmes. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell to Boost Shareholder Returns as Business Gets Stronger

    Bloomberg

    Shell to Boost Shareholder Returns as Business Gets Stronger

    By Laura Hurst: 7 July 2021, 07:15 BST Updated on 7 July 2021, 08:08 BST

    • Energy giant will distribute 20-30% of operational cash flow
    • Company to further reduce its net debt, keep lid on capex

    Royal Dutch Shell Plc will boost returns to investors later this month, while still paying down debt, as its core businesses get stronger due to a recovery in energy demand and rising prices.

    The Anglo-Dutch giant will raise total distributions to shareholders to between 20% and 30% of cash flow from its operations, starting when it announces second-quarter results on July 29, the company said in a statement on Wednesday. It didn’t specify whether they would take the form of dividends or share buybacks. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    Shell To Bow Out Of California Joint Venture With Exxon

    OILPRICE.COM

    Shell To Bow Out Of California Joint Venture With Exxon

    Shell (-2.37%) is reportedly planning to quit its California-based joint venture with fellow oil supermajor ExxonMobil (-3.56%) as it looks to accelerate its transition away from fossil fuels.

    Four sources told Reuters that the FTSE blue chip had informed Exxon that it intended to exit subsidiary Aera Energy, in which it holds a 52 percent stake. The firm did not respond to a request for comment. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

    WHEN DEVELOPMENT BECOMES A CRIME: THE CASE OF BOMU COMMUNITY

    WHEN DEVELOPMENT BECOMES A CRIME: THE CASE OF BOMU COMMUNITY

    PEMII BEN. B.

    Ban Ki-Moon, the former secretary-general of the United Nations, once asserted that: “sustainable development is the pathway to the future we want for all. It offers a framework to generate economic growth, achieve social justice, exercise environmental stewardship and strengthen governance.”

    Going by the dictates of the above quote, it becomes glaring that there is a nexus between development and social justice which, by extension, procreates social stability and mutual co-existence. The absence of “sustainable development” therefore portends danger, especially social unrest which emanates from neglect in every ramification. read more

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    Chevron, partners go ahead with $4 bln project at Gorgon LNG

    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.

    Chevron is the operator of Gorgon LNG and owns 47% of the project. Its partners are Exxon Mobil Corp (XOM.N), Royal Dutch Shell (RDSa.L), Osaka Gas (9532.T), Tokyo Gas (9531.T) and JERA (9501.T)(9502.T). read more

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    Rolls-Royce, Shell Deepen Sustainable Jet-Fuel Partnership

    Bloomberg

    Rolls-Royce, Shell Deepen Sustainable Jet-Fuel Partnership

    Charlotte Ryan: Published Jun 30 2021, 5:00 PM Last Updated: Jun 30 2021, 8:12 PM

    (Bloomberg) — Rolls-Royce Holdings Plc and Royal Dutch Shell Plc said they’ll deepen their cooperation on sustainable aviation fuels as part of the push to achieve net-zero carbon emissions.

    At the heart of the agreement are plans to explore opportunities for bringing 100% SAF to certification, the companies said Wednesday. Such fuels can currently be blended with kerosene in concentrations of no more than 50%. read more

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    Renewable Energy Soars As Exxon, Shell Falter

    FORBES

    Renewable Energy Soars As Exxon, Shell Falter

    Miriam TuerkInvesting

    As many know, Big Oil companies have suffered major losses as a result of the pandemic, as oil demand plummeted. Now, however, the prospects for the industry are looking more dismal than ever. As oil supermajors have faced increasing pressure to shift toward more sustainable business strategies, such pressure will certainly result in companies looking to renewables as the solution to this shift.

    Recently, both Exxon Mobil and Royal Dutch Shell were hit with critical climate-related decisions. A Netherlands court ruled that Shell must drastically reduce its emissions this decade in what was “the first time a court ordered a private company to, in effect, change its business practice on climate grounds.” This was a seminal moment that will greatly benefit the clean technology space, leading it to become the norm, and no longer the alternative source for power in society. read more

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    Shell buys BP’s stake in North Sea field, scrapping previous deal

    REUTERS

    Shell buys BP’s stake in North Sea field, scrapping previous deal

    LONDON, June 25 (Reuters) – Royal Dutch Shell (RDSa.L) said on Friday it had agreed to acquire BP’s (BP.L) 27.5% stake in the Shearwater North Sea gas field, raising its stake in the field to 55.5%.

    Reporting by Ron Bousso, editing by Louise Heavens SOURCE
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    The Unintended Consequences Of Punishing Big Oil

    OILPRICE.com

    The Unintended Consequences Of Punishing Big Oil

    By Tsvetana Paraskova – Jun 23, 2021, 12:00 PM CDT

    The ‘day of reckoning’ for Big Oil, when events at boardrooms and courtrooms issued last month the starkest warning to oil majors’ license to operate yet, was hailed as a huge victory for climate activists. But the climate celebration may be a bit premature.

    Rebel shareholder votes at Exxon and Chevron and a court ruling against Shell delivered a blow to Big Oil in a single day, and environmentalists are ecstatic. read more

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    Students protest at Science Museum over sponsorship by Shell

    The Guardian

    Students protest at Science Museum over sponsorship by Shell

    PA Media: Sat 19 Jun 2021 23.45 BST

    A group of activists who were threatened with arrest on Saturday evening after staging an “occupation” of the Science Museum in London have vowed to renew their fight on Sunday.

    The London branch of the UK Student Climate Network (UKSCN) organised a demonstration at the museum in protest at its decision to accept sponsorship from fossil fuel giant Shell.

    The museum in South Kensington has partnered with Shell to fund its Our Future Planet exhibition about carbon capture and storage and nature-based solutions to the climate crisis. read more

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    Shell Singapore eyes solar farm near Bukom refinery

    Argus Media

    Shell Singapore eyes solar farm near Bukom refinery

    Published date:17 June 2021

    Shell and Singapore government agency JTC signed a non-binding initial agreement today to explore the development of a solar farm, as part of the oil major’s long-term plan to shift its core operations in the country towards lower carbon alternatives.

    The solar farm will be based on part of the Semakau Landfill, close to Shell’s Pulau Bukom refining complex where capacity will be cut by 40pc next month as part of the firm’s strategic shift. read more

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    Shell plans to bid in Norway’s 1st offshore wind tender

    Reuters

    Shell plans to bid in Norway’s 1st offshore wind tender

    OSLO, June 17 (Reuters) – Oil major Shell (RDSa.L) teamed up with Norwegian utilities BKK and Lyse to bid in the Nordic country’s first offshore wind tender expected next year, the companies said on Thursday.

    Shell has been active in oil and gas extraction on the Norwegian continental shelf for several decades, and like many of its peers sees offshore wind as a cross-over technology in a bid to become carbon neutral in its operations. read more

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    Supreme Court Allows San Francisco, Oakland Lawsuits Against Big Oil Companies To Proceed

    CBS SF

    Supreme Court Allows San Francisco, Oakland Lawsuits Against Big Oil Companies To Proceed

    SAN FRANCISCO (CBS SF) – Two more ambitious lawsuits would be hard to image: in 2017 the cities of Oakland and San Francisco filed separate public nuisance lawsuits against five of the world’s biggest energy companies, seeking to hold them responsible for the local effects of sea level rise.

    On Monday, the U.S. Supreme Court declined to throw the suits out of court, although the cases still face many daunting obstacles ahead. read more

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    Shell is said to evaluate sale of holdings in largest U.S. oil field valued at as much as $10B

    Seeking Alpha

    Shell is said to evaluate sale of holdings in largest U.S. oil field valued at as much as $10B

    Jun. 13, 2021 7:19 PM ET Royal Dutch Shell plc (RDS.A)RDS.BBy: Josh FinemanSA News Editor

  • Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B) is said to be considering selling its holdings in the largest U.S. oil field, holdings that may be worth as much as $10B.
  • The oil major is said to be evaluating selling all of part of its about 260,000 acres (105,200 hectares) in the Permian Basin, located mostly in Texas, according to media reports earlier.
  • CNBC reported that a sale is not imminent, though talks with a buyer or multiple acquirers are ongoing.
  • Last week, Shell to speed up emissions cuts following Dutch court ruling, CEO says.
  • Also see, Watch out for the next ‘oil crisis’: Sector Watch.
  • read more

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    OPL 245: Groups Urge Nigeria’s Public Prosecutor To Appeal Judgement Favouring Shell, APC

    OPL 245: Groups Urge Nigeria’s Public Prosecutor To Appeal Judgement Favouring Shell, APC

    In a statement on Wednesday, spokesperson for the campaign groups noted that the judges have set a terrible precedent for the global fight against corruption involving fossil fuel companies.

    BY SAHARAREPORTERS, NEW YORK JUN 10, 2021

    Human Rights Groups, Global Witness, Human and Environmental Development Agenda, have urged the Nigerian public prosecutor to appeal the judgement of the Milan Tribunal which acquitted Eni, Shell and others for international corruption related to the acquisition of the OPL 245 oil field in Nigeria. read more

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    Exxon’s defeat in a boardroom battle is a turning point for social activism.

    Exxon’s defeat in a boardroom battle is a turning point for social activism.

    June 10, 2021, 4:59 a.m. ET

    An activist investor successfully waged a battle to install three directors on the board of Exxon Mobil last week with the goal of pushing the energy giant to reduce its carbon footprint. The investor, a hedge fund called Engine No. 1, was virtually unknown before the fight.

    The tiny firm wouldn’t have had a chance were it not for an unusual twist: the support of some of Exxon’s biggest institutional investors. BlackRock, Vanguard and State Street voted against Exxon’s leadership and gave Engine No. 1 powerful support. These huge investment companies rarely side with activists on such issues. read more

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    Shell’s Australia boss says Big Oil faces a push for faster change

    Shell’s Australia boss says Big Oil faces a push for faster change

    By Nick Toscano

    The Australian boss of global energy giant Shell says society’s growing determination to speed up the shift to cleaner energy has driven a sharp escalation of climate pressure engulfing oil and gas producers this year.

    In his first public comments since a Dutch court ordered Shell to set deeper and faster emissions cuts targeting a 45 per cent reduction by 2030, Shell Australia chairman Tony Nunan said he believed industry, governments and the public were becoming increasingly aligned on the need to achieve net-zero emissions by the middle of the century. read more

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    Former Shell U.S. President John Hofmeister dies at 73

    REUTERS

    Former Shell U.S. President John Hofmeister dies at 73

    : June 7, 2021

    Former Shell Oil President John Hofmeister, who led the oil major’s U.S. efforts to help restore investor confidence after an accounting scandal nearly two decades ago and later set up an energy advocacy group, has died. read more

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