Posts from ‘January, 2022’

The Telegraph

Oil and gas trade body drops ‘oil and gas’ from its name

By Matt Oliver: 31 January 2022 • 4:20pm

The trade group that represents UK oil and gas companies is dropping the words “oil and gas” from its name to reflect the ongoing rise of green energy.

Oil and Gas UK will be renamed Offshore Energies UK from February 14, the body said on Monday.

It follows a year-long strategic review by the group, which said the change reflects “the evolving nature of the industry”.

OGUK said its members, which include BP, British Gas owner Centrica, Shell and Chevron approved the name change in December. read more

REUTERS

Shell to begin trading under simpler, single-line share structure

By Syndicated ContentJan 31, 2022 | 2:46 AM

(Reuters) – Oil major Shell said it would begin trading with a single line of shares on Monday, confirming the assimilation of its A and B shares over the weekend as part of plans to simplify its dual share structure.The group, which ditched “Royal Dutch” from its name earlier this month after moving its head office to Britain from the Netherlands, said its shares would start dealings on Euronext Amsterdam, the London Stock Exchange and New York Stock Exchange. read more

This is MONEY

Experts warn Shell and BP could find it ‘impossible’ to work in Russia if it invades Ukraine

• Western countries have threatened to impose crippling sanctions on Moscow 

• US, UK and EU are drawing up plans to hit Russian gas projects with curbs

By FRANCESCA WASHTELL FOR THE DAILY MAIL

PUBLISHED: 22:01, 28 January 2022 | UPDATED: 08:18, 29 January 2022

Shell and BP could find it ‘impossible’ to work in Russia if it invades Ukraine, experts have warned.

Western countries have threatened to impose crippling sanctions on Moscow after it began building up troops on the Ukrainian border.

 Analysts said soaring oil prices could cushion the blow for Shell, BP and other firms affected by the rules.

Shell works in Russia with energy giant Gazprom and BP with state-backed oil firm Rosneft, in which the British group owns an almost 20 per cent stake. read more

MIRROR EXCLUSIVE: Oil giants BP & Shell rake in £7billion profits as Brits facing energy bills rise shiver

According to analysis, Shell could reveal profits of almost £4.3billion and BP of almost £3billion in the final three months of last year. Meanwhile, ordinary families are struggling to pay their bills

By Graham HiscottHead of Business

• 19:02, 28 Jan 2022
• UPDATED 19:14, 28 Jan 2022

Oil goliaths Shell and BP are set to spark fury by raking in more than £7billion profit between them in just three months, while households are reeling from a cost of living crisis.

The bumper haul will reignite calls for a windfall tax on firms making a packet out of the surge in wholesale energy prices. read more

28 Jan 2022

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

HOPELESS

BROADBAND. JUST DON’T DO IT FOLKS.
I’ve been trying for 17 days to transfer service to a new address and it’s proving impossible:
Calls are deferred with no promised callback.
Webchat requests are deferred, or the webchat isn’t even manned – so you wait in queue position 1 for an hour for nothing.
Emails, even COMPLAINT emails are ignored.
I’ve now cancelled but even getting that confirmed is proving impossible because I’m unable to get a response. read more

28 Jan 2022

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

Absolutely chronic customer service…

Absolutely chronic customer service coupled with consistent harassment and threats. Impossible to speak to anything other than a bot (currently I am no 70 awaiting “chat” service). This company should be investigated by the ombudsman, it is simply not fit to trade

What customer service?

No immediate option when moved across from Green, but its fair to say they couldn’t organise the proverbial in a brewery. Two ‘tickets’ lodged for tech problems 10 days ago now and simply heard nothing from them since. The nature of the problems are costing them so in no hurry to chase them up! read more

Shell Energy Broadband Reviews recently posted on broadband.co.uk

Reviewer Terence Coleman: Location Cheltenham: Date 2022-01-28

Comments

Waste of space. They give you a 3rd hand refurbished router that doesn’t meet current standards. When you complain they offer to upgrade you (5 times during a 30 minute call), to a package that costs the same as the one you have just switched from.

Reviewer Charles: Location Birmingham: Date 2022-01-22

Comments

Broadband speed is generally acceptable, but reliability is pathetic. What is good about speed when the connection keeps dropping off? Cheap broadband but not worth the stress alongside. Avoid. read more

Independent.ie

Shell to rejig renewables department after head announces departure

Elisabeth Brinton will leave her position as executive vice president for renewables and energy solutions

Laura Hurst: Bloomberg.com: January 26 2022 02:30 AM

Shell is reshuffling its renewables unit after the department’s head said she will step down.

Elisabeth Brinton will leave her position as executive vice president for renewables and energy solutions.

Her role won’t be directly replaced, with Thomas Brostrom, being appointed EVP of renewable generation and Steve Hill to be put in charge of energy marketing. read more

CNBC

Shell says one of the largest hydrogen electrolyzers in the world is now up and running in China

PUBLISHED FRI, JAN 28 20227:39 AM EST

• Located in Zhangjiakou, Hebei Province, China, the electrolyzer will produce green hydrogen for fuel cell vehicles during the Winter Olympics.
• Wael Sawan, Shell’s integrated gas, renewable and energy solutions director, says electrolyzer is “the largest in our portfolio to date.”
• While there is excitement in some quarters about green hydrogen’s potential, the vast majority of hydrogen generation is currently based on fossil fuels.

A 20 megawatt hydrogen electrolyzer described as “one of the world’s largest” has begun operations, energy major Shell said Friday.

Located in Zhangjiakou, Hebei Province, China, the electrolyzer will produce green hydrogen for fuel cell vehicles being used at Zhangjiakou’s competition zone during the Winter Olympics, which are due to open on Feb. 4. Once the Games finish, commercial and public transport will use the hydrogen. read more

Goodbye Royal Dutch Shell Plc

Pennsylvania ethylene cracker plant more than 95% built as Shell prepares for operation

Shell Chemicals on Monday confirmed the company’s multi-billion dollar Potter Township complex, long considered one of the largest construction projects in the nation, is now more than 95% complete. 

The company has yet to announce a firm opening date, but crews began start-up activities early last year around the time Shell CEO Ben Van Beurden announced the chemical plant will be “fully operational” in 2022. read more

REUTERS

EXCLUSIVE Shell hits oil and gas in Namibian offshore well

CNBC

Shell’s massive carbon capture facility in Canada emits far more than it captures, study says

• The “Quest” plant in Alberta, Canada, owned by oil giant Shell, has previously been touted as a “thriving example” of how CCS is working to significantly reduce carbon emissions.
• However, an investigation by watchdog group Global Witness, showed that while 5 million tons of carbon dioxide had been prevented from escaping into the atmosphere at the plant since 2015, it released a further 7.5 million tons of greenhouse gases over the same period.
• In response, a spokesperson for Shell told CNBC via email that the analysis was “simply wrong.”

One of the only facilities in the world that uses carbon capture and storage technology (CCS) to reduce the emissions of hydrogen production has been found to emit far more greenhouse gas emissions than it captures.

The Quest plant in Alberta, Canada, owned by oil giant Shell and designed to capture carbon emissions from oil sands operations and safely store them underground, has previously been touted as a “thriving example” of how CCS is working to significantly reduce carbon emissions. read more

skynews

Embattled Johnson assembles new slate of business advisors

Mark Kleinman: City editor @MarkKleinmanSky: Monday 24 January 2022 17:03, UK

The bosses of some of Britain’s biggest companies have been invited to advise Boris Johnson amid suggestions that some executives are taking a more cautious approach to an affiliation with the embattled prime minister.

Among those sounded out about joining the new council are Ben van Beurden, the Shell chief executive; Dawid Konotey-Ahulu, the founder of Redington, a pensions and insurance advisory firm; and Anita Frew, the Rolls-Royce chair. read more

“Shell Broadband Erratic speeds, Constant drop outs and disconnections, Abhorrent customer service”

24 Jan 2022

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

Broadband Review – Simply Terrible

Shell might be slightly cheaper but my god do you get what you pay for….

– Erratic speeds, very rarely as advertised
– Constant drop outs and disconnections
– Abhorrent customer service read more

24 Jan 2022

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

Can’t fix their own mistakes

I moved home and left Shell. My bill has been incorrect for 6 weeks. I explained I would not pay my final bill until it is corrected.

I have phoned multiple times, spent hours of my personal time to proactively solve this. Despite several promises from multiple agents my bill has never been updated.

I am now being threatened with debt collectors and damage to my credit rating. I have ran out of time and energy and am just going to pay the bill. Terrible performance and a company I will never go with again no matter the cost. read more