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Go faster, be bolder”: setting the pace at Shell

Go faster, be bolder”: setting the pace at Shell

CEO Ben van Beurden talks about the year just gone, the year to come and why Shell must speed up its transformation.

By Joanna Wrighton and Rob van’t Wel on Jan 20, 2022

It was another extraordinary year for Shell. What were the highlights of 2021 for you?

The launch of our Powering Progress strategy was a huge moment. It’s the most complete and clearest articulation of our strategy in Shell’s recent history. It includes ambitious goals for shareholders, for action on carbon emissions, for people and for the environment. Powering Progress also sets the most ambitious targets in our industry to reduce emissions. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell CEO Ben Van Beurden: Carbon emissions court ruling was ‘body blow’

London Evening Standard

Shell CEO Ben Van Beurden: Carbon emissions court ruling was ‘body blow’

By Simon Freeman: 20 Jan 2022
ROYAL DUTCH SHELL’s CEO Ben van Beurden today described a court ruling from The Hague ordering faster, deeper cuts to the company’s carbon emissions as a “body blow”.

In comments likely to provoke controversy among green activists, he said: “I was listening at home as the judge gave her verdict. It felt like a body blow.

“I found it deeply troubling that Shell as a single business should be held accountable for how the world produces and uses energy.” read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Thousands of Groningen gas opponents demand earthquake damage compensation

NL TIMES

Thousands of Groningen gas opponents demand earthquake damage compensation

SUNDAY, JANUARY 16, 2022

An estimated eight to ten thousand people in Groningen took part in a torchlight procession against gas extraction in the province. The municipality was satisfied with the protest, which drew attention to the people living in the earthquake area.

The protest was organized in response to the Cabinet’s decision to double gas production. Protesters were also upset at the poor organization of subsidies for homeowners to strengthen their homes and make them more sustainable. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Dutch Cabinet increases funding for Groningen earthquake victims after chaos

DutchNews.nl

Dutch Cabinet increases funding for Groningen earthquake victims after chaos

January 15, 2022

The cabinet has agreed to allocate an extra €250m to improve homes in parts of Groningen affected by earthquakes after the initial €220m fund ran dry on the first day following a flood of applications.

Long queues formed in towns and villages in the northern province on Monday at council offices where people could claim up to €10,000 per household for renovations.

Hans Vijlbrief, the junior minister charged with sorting out the Groningen gas problems, told MPs on Friday that the new allocation of cash will allow everyone entitled to the grant to make a claim. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Germany ‘putting citizens at risk by extra gas order from Groningen field’

The Times

Germany ‘putting citizens at risk by extra gas order from Groningen field

Oliver Moody, Berlin | Bruno Waterfield, Brussels The Times

The Netherlands has sharply rebuked Germany for ordering extra gas from a vast Dutch field that was supposed to be shut down because extraction has caused a series of earthquakes.

Stef Blok, the outgoing Dutch economy minister, said he was “seriously concerned” about the unexpected additional strain on the Groningen field, which could further destabilise the region’s geology.

The local government has threatened to sue over the decision and one MP in the provincial parliament said the German order was a threat to the population’s safety. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Funding pot for quake-hit Groningen houses emptied on first day

DutchNews.nl

Funding pot for quake-hit Groningen houses emptied on first day

January 11, 2022

A €220m funding pot to strengthen homes weakened by gas production in Groningen ran dry on the first day following a flood of applications.

Long queues formed in towns and villages in the northern province on Monday at council offices where people could claim up to €10,000 per household for renovations.

The money is intended to help people in the northern province improve their homes, many of which have been damaged by earth movements caused by 50 years of gas extraction in the Slochteren gas field. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell benefits from energy crisis as soaring gas prices lift profits

The Guardian

Shell benefits from energy crisis as soaring gas prices lift profits

Mark Sweney: Fri 7 Jan 2022 12.48 GMT

Shell expects a significant boost in profits in its natural gas division, thanks to soaring prices, when it reports its latest results next month, as the oil and gas company said investors would benefit from the continuation “at pace” of its $7bn share buyback scheme this year.

Shell, the world’s largest producer and trader of liquified natural gas, expects trading results at its integrated gas business in the fourth quarter to be “significantly higher” year on year as the rocketing price of gas outweighs a drop in production volume because of unplanned maintenance works. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Lawyer who defeated Shell predicts ‘avalanche’ of climate cases

FINANCIAL POST

Lawyer who defeated Shell predicts ‘avalanche’ of climate cases

Financial Times: Tom Wilson in London: 29 Dec 2021

Seven months after his landmark victory against Royal Dutch Shell, Roger Cox has never been busier.

Little known outside his native Netherlands, Cox is probably the world’s most successful climate litigator. His win against Shell in May, when a judge in The Hague ordered the Anglo-Dutch energy supermajor to cut its carbon emissions by 45 per cent by 2030, rippled around the world.

He is now preparing to respond to Shell’s appeal next year, petitioning the Belgian government to comply with another of his court victories and consulting on half a dozen climate cases in other countries. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Anti-fossil sentiment in the Netherlands

fd

Anti-fossil sentiment in the Netherlands

Earlier this year, oil and gas multinational Shell announced to move its headquarters from The Hague to London…

Bert van Dijk 28 Dec 18:17

The Dutch offshore sector is very concerned about the business climate in the Netherlands. 

The increasing anti-fossil sentiment is a thorn in the side of the sector. 

Anti-fossil sentiment

Earlier this year, oil and gas multinational Shell announced to move its headquarters from The Hague to London . The move may have been prompted by the desire to simplify the share structure, but many see that anti-fossil sentiment also plays an important role in that move. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell’s arch critic John Donovan has secured the website domain name for Shell Plc

Shell’s arch critic John Donovan has secured the website domain name for Shell PLC

The shellplc.website will become operational in January to coincide with the implementation of the new name for Royal Dutch Shell Plc: Shell PLC. 

Shell has dropped the Dutch Royal Family link and ditched the Dutch part of the former Anglo-Dutch multinational company, which will now be solely a British company with its HQ solely in London, paying UK taxes. 

The Royal Dutch Shell Group self-evidently was not well disposed to the taxes imposed by the Dutch left-wing government or its support for climate change policies and parties suing Shell.  read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell shareholders vote to delist from Netherlands

yahoo!finance

Shell shareholders vote to delist from Netherlands

: Fri, December 10, 2021, 3:20 PM Shareholders in oil giant Shell (RDSB.L) have overwhelmingly voted to switch its headquarters from the Netherlands to the UK, ending the company’s dual share structure, and drop “Royal Dutch” from the name.

The move, planned for early 2022, “will enable a simplification of the company’s share structure and an increase in the speed and flexibility of capital and portfolio actions”, said Shell’s chair Sir Andrew Mackenzie said.

He said the board believes “the simplification will strengthen Shell’s competitiveness and accelerate both shareholder distributions and delivery of its strategy to become a net-zero emissions energy business by 2050”. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shareholders of oil giant Shell vote in favor of London move

CNBC

Shareholders of oil giant Shell vote in favor of London move

Sam Meredith: FRI, DEC 10 20217:07 AM EST

KEY POINTS

  • The Anglo-Dutch company has said the simplification of its dual tax structure is designed to strengthen its competitiveness, accelerate its energy transition plans and help to make distributing profits to shareholders more straightforward.
  • A final tally of results showed 99.8% of shareholders backed the special resolution, according to Reuters.
  • Critics of the move argue Shell’s proposed relocation is partly motivated by a landmark courtroom defeat earlier this year, a decision the company is appealing.

LONDON — Shareholders of oil giant Royal Dutch Shell on Friday voted to approve plans for the company to overhaul its legal and tax structure and move its headquarters to the U.K. from the Netherlands.

The Anglo-Dutch company has said the simplification of its dual tax structure is designed to strengthen its competitiveness, accelerate its energy transition plans and help to make distributing profits to shareholders more straightforward.

A final tally of results showed 99.8% of shareholders backed the special resolution, according to Reuters. The motion had required the approval of at least 75% of the votes cast to pass.

The proposal will likely see the company drop the “Royal Dutch” from its name to become “Shell PLC.” A move to London from The Hague is expected sometime early next year.

Critics of the move argue Shell’s proposed relocation is partly motivated by a landmark courtroom defeat earlier this year, a decision the company is appealing. A Dutch court ruled in May that Shell must reduce its global carbon emissions by 45% by the end of 2030, compared with 2019 levels.

The verdict marked the first time in history that a company had been legally obliged to align its policies with the Paris Agreement and reflected a watershed moment in the climate battle. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Op-Ed: Will Shell’s oil future outlast its ocean namesakes?

Los Angeles Times

Op-Ed: Will Shell’s oil future outlast its ocean namesakes?

CYNTHIA BARNETT

When Royal Dutch Shell’s new chairman, Andrew Mackenzie, asks shareholders on Friday for their vote to move the global oil giant’s headquarters from the Netherlands to Britain and drop the “Royal Dutch,” he will also be asking to return the company home.

In a history better suited to fairy tales than the financial pages, Shell rose from a small seashell shop in the East End of London. In the 1830s, a Jewish curio seller named Marcus Samuel began importing tropical seashells from the Far East. His shop sold “small Shells for Ladies’ work,” along with large, shining specimens such as conchs and nautiluses for still-life drawing. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Groningen residents received 1.2 billion euros in earthquake damage compensation

DutchNews. 27 Oct 2021: NL

The Nederlandse Aardolie Maatschappij (NAM) set up in 1947 by Shell and Esso, is being dismantled, ending 75 years of Dutch gas extraction

The company, which is now 50% owned by Shell and 50% by ExxonMobil, is being chopped into four separate limited companies which will be sold off, including all its Dutch oil and gas interests, apart from the Groningen field which is being wound down.

SOURCE

Nederlandse Aardolie Maatschappij BV (NAM), a joint venture between Royal Dutch Shell and ExxonMobil each owning a 50% share in the company responsible for the earthquake blighted Groningen Gas Field and consequential potential bill for untold billions in damages to affected residences. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Is this the €6.5 million Dutch mansion Shell CEO BvB has placed on the market?

Is this the €6.5 million Dutch mansion Shell CEO Ben van Beurden has placed on the market?

Full property information plus fab photos here

I have heard that he is on the move…

For that money, he can buy a two-bedroom flat in London.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Forget Shell

Bloomberg

Forget Shell. Amsterdam Stock Market’s Having a Knock-Out Year

2nd Dec 2021

(Bloomberg) — At a time when Royal Dutch Shell Plc is moving its headquarters out of the Netherlands, Amsterdam might fear losing some of the momentum that’s made it continental Europe’s pre-eminent stock trading centre.

Shell said on Nov. 15 that as part of a plan to simplify the oil giant’s structure, it will relocate its tax residence to the U.K. and move top executives from The Hague to London. The announcement came a year after Unilever Plc, the Anglo-Dutch owner of household products such as Omo and Lifebuoy soap, also opted to become a solely British company. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.
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