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BBC News

Shell boss says taxing energy firms to help the poor is ‘inevitable’

By Tom Espiner: Business reporter, BBC News: 4 Oct 2022

Taxes on firms within the oil and gas industry are “inevitable” to help the poorest people, the outgoing boss of Shell has said.

Ben van Beurden said that energy markets cannot behave in a way that “damage a significant part of society”.

Households in the UK have been under pressure from rising energy bills as gas prices have soared.

The UK government under Liz Truss has pushed back against extending a windfall tax on oil and gas firms.

Last week, the EU agreed emergency measures to charge energy firms on record profits. read more

04 Oct 2022

The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.

After long last they decided to call me…

After long last they decided to call me about long loss of internet, to say were going to rub this in your face, it’s tough we dont pay for loss of internet. What a utter discrace of customer care, through this, from first reported. Words cannott describe the behavior of this company.

Date of experience: 03 October 2022

Joke of a company read more

REUTERS

‘Tax people in this room’ to help the poor, Shell CEO tells energy conference

Published 04 Oct 2022

European governments should tax the wealthy to help weaker parts of society weather soaring energy costs but not intervene to cap gas prices, Shell Chief Executive Officer Ben van Beurden said on Tuesday.

Speaking before the Energy Intelligence Forum in London, Van Beurden said that European energy prices and the huge volatility in the markets threatened broader social instability.

“You cannot have a market that behaves in such a way … that is going to damage a significant part of society.”

“One way or another there needs to be government intervention” in the face of soaring energy prices, Van Beurden said. read more

The Guardian

Shell chief: governments may need to tax energy firms more to help the poor

Ben van Beurden also warns against EU moves to cap price of gas and electricity to protect consumers

Alex Lawson Energy correspondent: Tue 4 Oct 2022 12.35 BST: Last modified on Tue 4 Oct 2022 12.48 BST

The chief executive of Shell has said governments may need to tax energy companies further to fund efforts to protect the “poorest” people from soaring bills.

Ben van Beurden, the outgoing boss of the oil and gas company, told an energy conference in London: “One way or another there needs to be government intervention. Protecting the poorest, that probably may then mean that governments need to tax people in this room to pay for it.

“I think we just have to accept as a society – it can be done smartly and not so smartly. There is a discussion to be had about it but I think it’s inevitable.” read more

Bloomberg

Shell CEO Says Governments Need to Tax Energy Firms to Help Poor

Governments need to tax energy producers to help the poorest people deal with the soaring cost of fuel, said the boss of Shell Plc.

Bloomberg News: William Mathis: Oct 4, 2022

(Bloomberg) — Governments need to tax energy producers to help the poorest people deal with the soaring cost of fuel, said the boss of Shell Plc.“

One way or another there needs to be government intervention,” Shell Chief Executive Officer Ben van Beurden said at the Energy Intelligence Forum, a major conference for oil and gas producers in London on Tuesday. “Protecting the poorest, that probably may then mean that governments need to tax people in this room to pay for it.” read more

1 Oct 2022

The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.

Absolutely appalling service

Absolutely appalling service, I have been with them a little over a month and I am counting the days left in my contract, service constantly cutting out. Cannot imagine a provider any worse, actually has me missing AOL dial-up

Date of experience: 01 October 2022

Shell Energy Phone & Broadband

Shell Energy recently purchased the Post Office phone and broadband. The service from this company is poor to be polite. No phone or broadband for 5 days Compensation offered £10 when I eventually spoke to someone and said about the Ombudsman service and compensation rates he said we don’t believe in that and not signed up to it. What a sham for such a large company. My advice to anyone thinking of moving to them is don’t find someone else. Just waiting for a fibre connection and then goodbye to this awful company. read more

OILPRICE.COM

Activist Investor: Shell Must Do More To Curb Emissions

By Charles Kennedy – Sep 30, 2022, 5:00 AM CDT

An expected drop in Shell’s net greenhouse gas emissions is not aligned with the Paris Agreement and with a Dutch court order for the now UK-based supermajor to slash emissions much more by 2030, activist investor Follow This says.

A recent report from Australia-based Global Climate Insights showed that Shell’s net emissions, after CCUS and offsets, are forecast to be 6% lower in 2030 compared to 2019, assuming it is on track to achieve its targets for CCUS and offsets. read more

British Spies, British Lies (James Hall vs Walied Shater)

I have never before seen a court document containing so many allegations of repeated lies by a top-level Shell official, supported by copious similar fact evidence of his alleged deceit.

By John Donovan

I reported in August 1917 that Mr Crockett Oaks III, Shell security manager for the Americas, received a ‘big bucks’ court case settlement from Shell.

The litigation arose from an alleged pattern of discrimination in favour of ‘White Brits’ by Shell and Shell Corporate Security VP James WD Hall, a British national.

Mr Hall is a security professional who worked in an undisclosed position purportedly in the British Foreign Office (MI6?) before his long career at Shell. 

Mr Hall has faced a succession of accusers on the same race/national origin grounds starting with Crockett Oaks III. 

The second case was brought by Mr Mike Oliveri, another gentleman with a military/security affairs background. Mr Oliveri is a decorated war veteran – a Colonel in the U.S. Army Reserve.

Mr Hall’s current accuser is Mr Walied Shater a former US Secret Service agent.  read more

Herald-Star

Environmental groups preparing for production at Shell’s cracker plant

MIKE JONES: Staff writer: SEP 30, 2022

MONACA — Environmental groups are mobilizing to monitor air and water quality around Royal Dutch Shell’s soon-to-open petrochemical cracker plant in Beaver County.

Several groups held a joint video conference Tuesday night that attracted more than 200 people who listened how various organizations have already begun testing air and water samples to set a baseline before the plant along the Ohio River near Monaca officially opens later this year.

While most people knew little about Marcellus Shale when the natural gas drilling boom began in Western Pennsylvania and the Tri-State Area in the late 2000s, Environmental Health Project Executive Director Alison Steele said groups like hers are working to educate the public on what to expect from the cracker plant. read more

Reuters

Shell to buy African solar firm Daystar

STORY: Royal Dutch Shell will buy African solar provide Daystar Power, the two companies said on Wednesday (September 28).

That’s as the oil giant pursues a mandate of cutting its greenhouse gas emissions in half by 2030.

Shell is one of the most influential oil producers in Africa but the Daystar purchase is its first power acquisition on the continent.

Thomas Brostrom, Shell’s vice president for renewable generation, said in a statement that Shell was helping to address a “critical energy gap for many who rely on diesel generators for backup power”. read more

Reuters

Shell, Exxon launch joint sale of UK, Dutch North Sea assets -sources

Ron Bousso: Tue, September 27, 2022 at 4:16 PM

LONDON, Sept 27 (Reuters) – Shell and Exxon Mobil have launched a joint sale process of a large package of offshore natural gas assets in the southern UK and Dutch North Sea, three industry and banking sources said.

The two companies have hired investment bank Jefferies to run the sale, which could raise over $2 billion, the sources said.

Launched earlier this month, the sale comes after Shell and Exxon independently ran initial sales processes for their British and Dutch assets.

Shell declined to comment. Jefferies declined to comment. Exxon did not immediately reply to a request for comment.

In July, Shell and Exxon launched the sale of the 50-50 NAM joint venture in the Netherlands, operator of the Groningen gas field and one of Europe’s largest and oldest natural gas production companies.

The two companies have also separately put up for sale their stakes in their British southern North Sea gas hub, which include the Clipper Leman Alpha hubs as well as the Bacton terminal in eastern England, the sources said. read more

Dutch limit Groningen gas production despite energy crisis

By Reuters  •  Updated: 26/09/2022 – 16:25

AMSTERDAM -Gas production at the Groningen field in the Netherlands will be lowered to the minimal amount needed to keep wells operational in the coming year, as extraction is expected to end by 2024 at the latest, the Dutch government said on Monday.

Production at Groningen, once one of Europe’s major suppliers of natural gas, will be capped at 2.8 billion cubic metres (bcm) in the year starting Oct. 1, the government said, down from 4.5 bcm in the current year.

The Groningen field, operated by a joint venture of Shell and Exxon Mobil, still holds massive reserves of natural gas.

But extraction has been almost completely wound down in the past 10 years as tremors blamed on drilling damaged buildings and prompted protests by residents and campaigners.

An unusually strong earthquake in 2018 saw the goverment promise a rapid end to all production, which is now expected to take place in the fall of 2023 or by 2024 at the latest. read more

Snippets from broadband.co.uk reviews:

“I can’t give 0 so I give 1 star in all categories. Shocking, dreadful, awful service and they don’t seem to care!! Really dreadful broadband service too.”

“DO NOT TRANSFER TO THIS COMPANY!!
The most appalling broad band ever. Moved because jt was cheaper but couldn’t watch anything in catch up so then upgraded and still cant watch anything without it buffering. Please do not sign up it is absolutely awful. I am counting the months till i can go back to talk talk!” read more

27 Sept 2022

The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.

DO NOT USE

DO NOT USE! I can’t begin to go intro the nightmare of this company. Save your self a lot of money hassle and headache and never use shell energy for anything including broadband.

Date of experience: 26 September 2022

Still not got broadband should have…

Still not got broadband should have started the 5 September and still not got it is the 26 September at 20 -10 it a complete joke

Date of experience: 26 September 2022 read more

yahoo!

Oil giant Shell is leading the way on this $4 trillion climate change solution some say won’t work

Marianna Cerini: Mon, September 26, 2022 at 6:00 PM

Fossil fuel companies are leading the way when it comes to a climate change solution that, despite its backing from multiple governments, has faced criticism as an ineffective way to reach net zero.

Carbon capture and storage (CCS) allows industries that burn fossil fuels to trap carbon emissions and transport them via pipelines, trucks, or ships for geological storage. The carbon dioxide is injected underground into rock formations, usually at depths of one kilometer or more. read more

The Telegraph

For Western energy giants, escaping Russia has become the longest goodbye

Not long ago oil and gas companies were scrambling to get into Russia, rather than out

By Rachel Millard: 25 September 2022 • 10:00am

Shell has had ties to Russia since 1912 after buying the Rothschild family’s interests there. More recently, its partnership with Russia’s state gas giant Gazprom has helped it access vast gas reserves in Russia’s far east.

It, too, hung on even after having to cede control of the $22bn [£19bn] Sakhalin-2 gas facility to Russia in 2006 following months of Kremlin pressure.

Shell’s boss, Ben van Beurden, met Putin in April 2014, shortly after Russia’s annexation of Crimea, to tell him they wanted to expand the project. Equinor, meanwhile, entered Russia in the 1990s and ten years ago struck a major exploration deal with Rosneft as the two Arctic powers forged closer ties.

By the start of the war, foreign companies covered about 11pc of Russia’s oil and gas production, according to James Henderson, at the Oxford Institute for Energy Studies. BP, TotalEnergies, Wintershall Dea, Shell and India’s Oil and Natural Gas Corporation were the largest. read more