Shell predicts free gas forever from Gorgon and Prelude LNG projects

by Peter Milne | Mar 31, 2021 | Energy & Environment

Shell’s accountants predict the Dutch giant will never pay Australia for gas extracted at the Gorgon and Prelude LNG projects that it can sell for up to about $4 billion a year. Peter Milne from independent energy and climate news site Boiling Cold has the story.

Dutch giant Shell forecasts it will never pay Australia for oil and gas extracted for the Gorgon and Prelude LNG projects that it can sell for up to almost $4 billion a year. read more

Shell takes control of first Dutch offshore wind farm

30 March 2021

Shell has acquired Vattenfall’s 50% share in the 108MW Egmond aan Zee offshore wind farm, one of the first to be built.

Following the transaction Shell is the 100% owner of NoordzeeWind that manages the asset.

Vattenfall head of asset management Kasper Simonsen said: “The lessons we have learned from the first Dutch offshore wind farm can be applied in the construction of Hollandse Kust Zuid and other future offshore wind farms. read more

Extracts from current Shell Energy customer reviews posted on Trustpilot in the last 24 hours: “They ripped me off”: “I would not recommend company to an enemy”: “Shell, your customers are HUMANS and we want to talk to HUMANS not machines”: “Awful customer service.”: “Good riddance shell”

Featured below are extracts from negative customer reviews about Shell Energy posted in the last 24 hours on Trustpilot. Visit the Shell Energy page on Trustpilot to view all reviews in their entirety, positive and negative (and Shell Energy responses). Watch out for any fake reviews. Note the reoccurring themes in the negative reviews, including difficulty in communicating with the company. This article posted on 30 March 2021. read more

As a climate activist, I object to the Post Office selling me to Shell Energy

Miles Brignall: Tue 30 Mar 2021 07.00 BST

I am among the 465,000 Post Office home phone and broadband users who have been collectively sold to Shell Energy, and are to become the firm’s customers.

As a climate activist, I most definitely do not want to become a customer of Shell Energy, something that I did not, and would never have, agreed to.

The Post Office has told me I will have to pay an £88 penalty if I wish to cancel my contract and leave. read more

Shell to link executive pay more closely to group’s climate performance

By Reuters Staff: Mon, March 29, 2021, 10:33 AM

LONDON (Reuters) – Royal Dutch Shell has proposed linking its directors’ pay more closely to the group’s climate performance and severing the link between bonuses and liquefied natural gas (LNG) production volumes, it said on Monday.

The weighting of Shell’s energy transition performance on its targeted path to net zero emissions by 2050 would double to 20% of the directors’ long-term incentive plan calculation if shareholders vote for the plan at a meeting on May 18. read more

Shell Plans To Double Down On Strengths As A Retailer In New Net-Zero World

Anglo-Dutch oil giant Royal Dutch Shell’s plan to reach net zero emissions by 2050, unveiled last month, focuses heavily on selling low-carbon electricity, biofuels and hydrogen directly to households and electric vehicle owners.

The strategy marks a contrast with that of other European oil majors, who in their own plans to reach net-zero emissions have vowed to accumulate vast amounts of renewable power generation capacity in the form of wind and solar assets. read more

OPL 245: Eni, Shell must face corruption charges in Nigeria, CSOs tell FG 

A coalition of civil society organisations has urged the federal government to press corruption charges against Eni, Shell, and other defendants involved in the OPL 245 deal.

This comes after an Italian court acquitted Shell, Eni and other defendants of corruption charges in the OPL 245 deal.

In a letter addressed to President Muhammadu Buhari, the CSOs said there would be no risk of double jeopardy due to the differences between legal systems in Italy and Nigeria. read more

Daniel Jones: 27 Mar 2021, 22:15

BRITAIN’S biggest energy firms are set for a £1billion windfall as they hike prices for hard-pressed loyal customers from Thursday.

Around ten million families on standard tariffs — many already with money struggles as a result of Covid — face bill rises of almost £100.

It comes after energy regulator Ofgem raised the price cap on standard variable tariffs.

They are the contracts that most people will be on if they have not switched supplier in the past year or so. read more

Extracts from a current Shell Energy customer review posted on Trustpilot: “Don’t use this company – Shell Energy Broadband. Their customer service is appalling. If you have any problems or issues they won’t help you. As soon as you’ve signed their contract, that’s it, they are not interested. They got my order wrong and I ended up with the lowest broadband speed and not the ‘plus’ service. The standard broadband is awful”

Featured below are extracts from negative customer reviews about Shell Energy posted in the last few days on Trustpilot. Visit the Shell Energy page on Trustpilot to view all reviews in their entirety, positive and negative (and Shell Energy responses). Watch out for any fake reviews. Note the reoccurring themes in the negative reviews, including difficulty in communicating with the company. This article posted on 28 March 2021. read more

Shell Energy Broadband Scraps Controversial Switching Exit Fee

Saturday, March 27th, 2021

Energy provider and UK ISP Shell Energy has announced that they will scrap the £15 “cease fee” that was being charged to home broadband customers who wanted to switch away to a different provider, including those who were now outside their minimum contract term.

Technically speaking Shell, or any ISP for that matter, can charge a post-contract cease fee and the one mentioned above does in fact appear in their T&C’s. In shells’ case it’s apparently a hang over from when they gobbled First Utility’s broadband base some years back, and sometimes wholesale providers can also charge ISPs such a fee too (i.e. the provider is allowed to recover these from consumers). read more

Shell has written down the value of some of its gas assets, including its Queensland Curtis project in Australia.

As the Shift to Green Energy Speeds Up, Shell’s Big Natural-Gas Bet Is at Risk. The fuel faces growing environmental scrutiny and competition from cleaner energy sources

By Sarah McFarlane: March 27, 2021 5:30 am ET

LONDON— Royal Dutch Shell PLC bet big on natural gas as the energy source of the future when it bought BG Group for $54 billion. Five years later, it appears the gas era won’t last long. read more

No evidence of NAM criminal intent in Groningen gas scandal, public prosecutor says

MARCH 26, 2021

The public prosecution department said on Friday it had not found evidence that the lives of people living in parts of Groningen hit by subsidence-related earthquakes were actually at risk.

And despite an ‘intensive investigation’ there is no evidence that NAM, the company charged with extracting natural gas from under the province, had acted in a ‘deliberately criminal way’, the department said in a statement. read more

Tunisia faces exodus of Western oil giants

By Ron Bousso, Shadia Nasralla: 3 MIN READ: MARCH 26, 2021

LONDON (Reuters) – Royal Dutch Shell and Italy’s Eni are seeking to sell their oil and gas operations in Tunisia, industry sources said, as the North African country struggles to attract new investments following years of political instability.

Shell has hired investment bank Rothschild & Co. to sell its Tunisian assets, which include two offshore gas fields and an onshore production facility the Anglo-Dutch company acquired as part of its 2016 $53 billion takeover of BG Group, the sources told Reuters. read more

Extract from current Shell Energy customer review posted on Trustpilot: “Vile company with zero ethics or thought for their bullying actions. We got conned into having a smart meter fitted.. smart for shell not for us..”

Featured below are extracts from negative customer reviews about Shell Energy posted today on Trustpilot. Visit the Shell Energy page on Trustpilot to view all reviews in their entirety, positive and negative (and Shell Energy responses). Watch out for any fake reviews. Note the reoccurring themes in the negative reviews, including difficulty in communicating with the company. This article posted on 25 March 2021. read more

Extract from current Shell Energy customer review posted on Trustpilot: “Awful for broadband. Based on my experience as a broadband customer, I would give Shell 0 stars if it was an option. Not sure any of the staff know what is going on and if they do, they don’t communicate it to anyone. They are completely incompetent at installing and providing internet.”

Featured below are extracts from negative customer reviews about Shell Energy posted over the past 24 hours on Trustpilot. Visit the Shell Energy page on Trustpilot to view all reviews in their entirety, positive and negative (and Shell Energy responses). Watch out for any fake reviews. Note the reoccurring themes in the negative reviews, including difficulty in communicating with the company. This article posted on 25 March 2021. read more

Shell hunts for hydrogen opportunities in Australia in net zero push

Shell Australia Chair Tony Nunan said the company sees hydrogen and carbon capture and storage as essential to the company’s net zero ambitions, and Australia is well placed to be competitive in both of those technologies.

Australia, like its biggest coal and gas customers China, Japan and South Korea, has mapped out a hydrogen strategy, with plans to become an exporter by 2030, using its vast wind and solar resources to produce “green” hydrogen and natural gas and carbon capture for “blue” hydrogen. read more