Shell Plc .website

The Biggest of the Biggest: Prelude FLNG, the Largest Floating Edifice of All Time

A project of oil and gas giant Shell, the Prelude is simultaneously a stellar engineering achievement and a financial black hole.

13 Aug 2022, 16:11 UTC: by Razvan Calin

Over 530 yards long, 80 yards wide, more than 300 feet tall, and 660,000 tones heavy. The largest floating structure the world has ever put out to see is the Prelude offshore natural gas facility. Completed in under five years, the colossal ship-looking titan is made to work a quarter of a century in rough South Pacific waters. read more

COMMENT SENT TO JOHN DONOVAN ABOUT THE  ILL-FATED SHELL PRELUDE PROJECT BY BILL CAMPBELL, RETIRED HSE GROUP AUDITOR, SHELL INTERNATIONAL

Seems such a long time ago since we watched the Hollywood quality videos of a happy bunch of comrades in arms assembled in a circle on the helideck. Halcyon days indeed.

The future then was so  hopefull, and filled with promise.

Almost hidden in the article re the industrial dispute was the report of a loss of LNG during transfer operations, I have stressed and explained many times why this simply cannot be allowed to happen and as you publish repeatedly, in your Prelude banner against my name, I predicted many moons ago that loss of hydrocarbons from Prelude was almost inevitable. read more

The Sun

PURE GREED: How fatcat energy bosses will bank a staggering £15 MILLION as terrified hard-up Brits choose heating or eating

• Emma Pietras
• 22:37, 10 Aug 2022
• Updated: 9:09, 11 Aug 2022

IT is High Noon for the energy fatcats today as they drag their expensively-dressed behinds into showdown talks with the Chancellor.

As The Sun revealed yesterday, Nadhim Zahawi has summoned gas and electricity bosses in to explain just how much cash they are making out of the energy crisis.

It comes as energy experts at Auxilione revealed energy bills could reach over £5,000 next year and Martin Lewis warned the crisis could put lives at risk.

Zahawi and Business Secretary Kwasi Kwarteng wil also demand to know what investment they plan to make with their soaring profits. read more

If I could leave no stars I would. Please avoid this company, I wish id have known just how awful they were but I thought being owned by Shell they would be trustworthy. They are unprofessional incompetent and worst of all unscrupulous. You anyone but SHELL ENERGY

Energy Broadband Reviews recently posted on broadband.co.uk

Reviewer Little Old Lady: Location BOLTON: Date  2022-07-18

Comments

ex Post Office, still got PO router NO Customer service online or phone, incomprehensible bill/cust svc reply SORRY NOT AVAILABLE (since takeover, apparently) Why energy co thinks it can run BB anyway. THE WORST EVER read more

11 August 2022

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

AVOID at all costs

AVOID at all costs. The most shocking customer service ever. Never answer phone, online help payments, help etc all unavailable. Will change ASAP

CHARGING CUSTOMERS TO PHONE THEM

Phoned there Free Phone after nearly 40 min phoned another number which transferred me and now there charging me £7 to get my broadband working, the attitude from call centre is shocking read more

Shell completes acquisition of renewables platform Sprng Energy group

Aug 9, 2022

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited and with it, the Sprng Energy group of companies from Actis Solenergi Limited (Actis).

Sprng Energy, set up in 2017 by Actis, is a renewable energy platform based in Pune, India, and develops and manages renewable energy facilities such as solar and wind farms and infrastructure assets.

The solar and wind assets Shell acquires through the deal will triple Shell’s present renewable capacity in operation and help deliver its Powering Progress strategy. An important part of Powering Progress is to develop an integrated power business, which will help Shell reach its target of becoming a profitable net-zero emissions energy business by 2050.

Notes to editors

• On April 29, 2022, Shell announced the signing of an agreement to purchase Solenergi Power Private Limited and the Sprng Group of Companies.
• Subject to closing adjustments, about half of the previously announced transaction value ($1.55 billion) will be reported as cash capex and the remainder assumed as debt obligations.
• In February 2021, Shell announced its Powering Progress strategy, including details of how it expects to achieve its target to be a net-zero emissions energy business by 2050. For more, visit http://www.shell.com/poweringprogress.
• Actis is a leading global investor in sustainable infrastructure. For more, visit https://www.act.is/

Cautionary note

The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this announcement, “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 announcement 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

The Sydney Morning Herald

Shell Prelude’s two-month $500m strike delays major maintenance

By Peter Milne: August 9, 2022

Shell has delayed major maintenance on its troubled Prelude floating gas facility after negotiations over the weekend failed to end two months of industrial action.

The delay is another setback for Shell, which spent about $US17 billion ($24 billion) to build the world’s largest vessel that has suffered a multitude of production outages and serious safety issues since it arrived in West Australian waters five years ago. read more

Extracted from pages 18 & 19 of Shell Sustainability Report 2020

SHELL PLC BUSINESS ETHICS AND TRANSPARENCY

ETHICAL LEADERSHIP

Our core values of honesty, integrity and respect for people underpin our work with employees, customers, investors, contractors, suppliers, non-governmental organisations and others. The Shell General Business Principles, introduced more than 40 years ago, describe our core values, our responsibilities and the principles and behaviours that guide how we do business. read more

This is MONEY.co.uk

Shell and BP to share in huge giveaway that will blow hole in gains from windfall tax: £7.5bn taxpayer handout for oil titans

• Energy giants already receive Treasury incentives to invest in the North Sea 

• Fresh changes have been ushered in that will turbocharge the subsidies 

• Plans introduced at same time as Government’s £5bn ‘windfall tax’ 

• City sources describe exceptionally high incentives as ‘beyond believable’ 

By LUKE BARR, FINANCIAL MAIL ON SUNDAY

PUBLISHED: 21:50, 6 August 2022 | UPDATED: 08:56, 7 August 2022

Oil and gas titans are set to reap a mammoth taxpayer giveaway of up to £7.5billion despite making record profits.

BP and Shell are among the firms that will benefit from new tax breaks, despite BP boss Bernard Looney comparing his firm to a ‘cash machine’.

Energy giants already receive Treasury incentives to invest in the North Sea, but fresh changes have been ushered in that will turbocharge the subsidies. The plans have been introduced at the same time as the Government’s £5billion ‘windfall tax’ – billed as taxing energy firms to help pay for the cost-of-living crisis. read more

This is MONEY.co.uk

Shell staff land bonus windfall equating to 8% of their salary as profits surge to £9.5bn

• The oil giant has awarded most of its 82,000 staff a bonus equal to 8 per cent of their annual salary 

• Executive vice-presidents or higher will not receive the bonus

• The average salary for Shell UK employees is around £52,000 per year, meaning a British worker will get £4,200

By CALUM MUIRHEAD, CITY CORRESPONDENT FOR THE DAILY MAIL

PUBLISHED: 22:01, 3 August 2022 | UPDATED: 22:09, 3 August 2022

Shell has handed out a bonus to its employees following bumper profits amid surging energy prices.

The oil giant has awarded most of its 82,000 staff a bonus equal to 8 per cent of their annual salary after reporting a record profit of £9.5bn in the second quarter of this year as it cashed in on higher oil and gas prices.

Executive vice-presidents or higher will not receive the bonus. The average salary for Shell UK employees is around £52,000 per year, meaning a British worker will get £4,200. read more

The Guardian

Shell to give staff 8% bonus after record profits

Julia Kollewe: Wed 3 Aug 2022 16.50 BST

Payout comes after oil firm reported $11.5bn second-quarter profits amid soaring energy prices

Shell is handing nearly all its 82,000 staff a bonus equivalent to 8% of their salary after the oil company reported record profits amid soaring energy prices.

The British multinational is making the one-off payment to the vast majority of its employees around the world, only excluding those on its executive committee, executive vice-presidents and contractors.

The oil firm 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

BBC NEWS

Shell staff get profits bonus as energy bills soar

• Immoral oil and gas profits must be taxed – UN

4 August 2022

Energy giant Shell is to give its workers a one-off 8% bonus after the company reported record profits from high oil and gas prices.

Most of the 82,000 staff it employs worldwide will get the pay boost but top executives will be excluded.

Shell said the award reflected its financial success and was “not a response” to the rising cost of living.

Energy firms’ bumper profits have prompted calls for tougher taxes to help families with rising bills. read more

EXPRESS

Shell dishes out bonuses after huge profits while energy crisis hits Britons’ pockets

SHELL is passing on some of its record profits to its staff in a one-off bonus, but claimed it was “not a response” to cost of living crisis spurred on by high energy prices.

UN Secretary General Antonio Guterres said that it was “immoral” for oil and gas firms to profit from the invasion of Ukraine, adding that the “grotesque greed is punishing the poorest”.

By ALEKS PHILLIPS

09:59, Thu, Aug 4, 2022 | UPDATED: 11:55, Thu, Aug 4, 2022

Most of the energy giant’s 82,000 staff worldwide will get an 8 percent boost, after the company doubled its profits in the past three months alone to £9.4billion. Fossil fuel companies have been accused of profiteering from a crisis.

It comes as energy bills are expected to soar to well over £3,000 this winter, with the increase in energy costs being seen as the “main driver” of inflation.

Shell said top executives will be excluded. Its CEO, Ben van Beurden, currently makes an estimated £6.2million.

In the first three months of the year, Shell made $9.1billion (£7.4billion) as the commodity price shot up amid Russia’s invasion of Ukraine. read more

2 August 2022

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

I’ve been with no internet during 5…

I’ve been with no internet during 5 days. They do not answer emails and if you try to contact them you will need to wait minimum one hour and they will just tell you wait untill midnight and if it does not work after that call back…

the worst broadband providers in the UK

These are the worst broadband providers in the UK. A total shambles in every department. Threatening letters to pensioners are something companies did back in the 70’s. Check social media for many more customers regretting ever switching over. Awful people. Terrible service. Download speeds from the days of dial up. read more

IN THE USA

On August 1, Shell unveils The Giving Pump at 6.500 Shell gas stations nationwide. Proceeds from The Giving Pump will support 527 local charities making a positive impact on the lives of children. In 2021, Shell raised over $1.5 million for local non-profits through The Giving Pump initiative. In 2022, The Giving Pump expands to over 100 more charities and adds another month to the campaign, ending on October 31.

“The Giving Pump” Launches at More than 6,500 Shell Stations Nationwide to Offer Consumers the Opportunity to Fill-Up for Good

NEWS PROVIDED BY Shell  Aug 01, 2022, 14:06 ET

Consumers can fill up at designated fueling pumps across the US to help kids in their community

HOUSTON, Aug. 1, 2022 /PRNewswire/ — Driven by the success of its first year, Shell Oil Products US (“Shell”)  is proud to announce the return of The Giving Pump initiative, benefiting non-profits across the nation. Starting today and running through Oct. 31, a portion of the purchases made by consumers who use the designated pump at select Shell stations will support local children’s charities. For the second year, The Giving Pump can be found across 48 states as part of Shell’s Force For Good initiative to give back and drive positive change in local communities. read more

Court filing confirms that Shell settled a claim from Crockett Oaks III involving serious allegations against Shell and Shell Spymaster James W.D. Hall

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. read more