Royal Dutch Shell Plc  .com Rotating Header Image

Total

Dutch Pension Fund Dumps Oil Stocks, including Shell, Like Hot Potatoes

Even the Church of England Pensions Board, known more for its hymns than its hardline stance on hydrocarbons, had already ghosted Shell over its “climate stance” last year.

Posted by John Donovan: 8 Feb 24

In a move that’s as shocking as finding out water is wet, a Dutch pension fund, PFZW, has finally decided that maybe, just maybe, holding onto stocks in oil and gas behemoths like Shell, BP, and TotalEnergies isn’t the greenest idea they’ve had. So, they’ve ditched their shares in 310 oil and gas companies, a divestment spree worth around €2.8 billion, because – surprise! – these companies are about as speedy as a snail on sedatives when it comes to cutting emissions. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil Magnates Celebrate Profits With A Rain of Cash, While the World Burns

Posted by John Donovan: 2 Jan 2024

Oh, what a time to be alive in the golden age of oil! As the world gasps in horror at climate change and energy crises, our heroic oil companies – BP, Shell, Chevron, ExxonMobil, and TotalEnergies – are set to dole out a staggering $100 billion in payouts to their beloved shareholders. It’s like a fairy tale, where the rich get richer while the planet heats up!

In 2022, these noble guardians of fossil fuels blessed their shareholders with $104 billion in dividends and buybacks, according to the Institute for Energy Economics and Financial Analysis (IEEFA). All this, after a year of record-breaking profits thanks to the turmoil in energy markets. Who knew that a global crisis could be so lucrative? read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Big Oil’s Next Genius Moves to Save the Planet

Posted by John Donovan 31 August 2023

Well, aren’t we in for a treat!

It seems the world’s most environmentally-conscious buddies, our friendly neighbourhood oil giants like BP, Chevron, ExxonMobil, Shell, and TotalEnergies, are diving deep into the influencer market. Because when you think “innovation in renewable energy,” you naturally think: “Instagram and TikTok!”

AFP has sniffed out a trend where icons of video game walkthroughs, doggo videos, and #VacationGoals are suddenly pivoting to plug gas stations and fuel rewards cards. Because, let’s be honest, who wouldn’t want a behind-the-scenes look at your favourite influencer’s exhilarating journey to the pump? read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell’s Climate Pledge Pivot: A Masterclass in Greenwashing and Shady Business Tactics

Shell’s actions demonstrate a clear disregard for the planet and its future, all in the name of maximizing short-term profits.

Posted by John Donovan July 17, 2023

Shell has left climate experts fuming with its latest admission, as the company backtracks on its 2050 net-zero pledge to prioritize shareholder returns and production. This move has sparked outrage and accusations of greenwashing, as Shell continues to profit from dirty energy while pretending to be a friend to the planet. The company’s actions are seen as pure climate vandalism, with critics highlighting the glaring gap between Shell’s rhetoric and its actual business practices. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Church of England Dumps Greedy Oil Giants, Refuses to Compromise on Climate Responsibility

The Church of England’s divestment is a powerful rebuke to the fossil fuel industry. It demonstrates that morality and environmental stewardship take precedence over short-term profit maximization.

Posted by John Donovan: 23 Jiune 2023

In a remarkable display of moral clarity, the Church of England has taken a decisive stand against the heartless oil and gas behemoths. The Church, recognizing its duty to protect God’s creation, has decided to sell its investments in BP, Shell, Total, and other major polluters. Finally, the faithful have declared that fossil fuels have no place in their mission to safeguard the planet.

The Church’s divestment from oil and gas companies is a direct response to their abysmal failure in taking meaningful action toward achieving net-zero emissions and combating global warming. In 2018, the General Synod, the Church’s lawmaking body, voted to disinvest from fossil fuel companies that demonstrated a lack of commitment to addressing climate change. Additionally, the Synod set a target in 2020 for the Church to achieve carbon neutrality by 2030. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell, Total continue buyback bonanza after record profits

CNBC

Shell, Total continue buyback bonanza after record profits

KEY POINTS

  • Europe’s oil giants Shell and TotalEnergies extended share buybacks after their second-quarter profits beat an already record-breaking previous quarter.

  • The two companies combined are buying back $8 billion in shares in the third quarter.

  • Benchmark Brent crude oil futures have risen more than 140% in the past twelve months, averaging around $114 a barrel in the quarter.

Europe’s biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their second-quarter profits beat an already record-breaking previous quarter on the back of soaring crude, gas and oil product prices.

The two companies combined are buying back $8 billion in shares in the third quarter after recording their respective highest quarterly profits while keeping their dividends steady, which might disappoint some investors. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Big Oil braces for shareholder revolt over climate plans in proxy voting season

CNBC

Big Oil braces for shareholder revolt over climate plans in proxy voting season

Sam Meredith@SMEREDITH19

  • Oil and gas majors on both sides of the Atlantic are scheduled to hold their annual general meetings in the coming weeks.
  • The forthcoming proxy season comes amid intensifying pressure on Big Oil to set short- and medium-term targets in line with the landmark Paris Agreement.
  • At present, not a single oil and gas major is aligned with the Paris Agreement’s goal of curbing global heating to 1.5 degrees Celsius above pre-industrial levels.

LONDON — Some of the world’s largest corporate emitters face the prospect of a shareholder rebellion this month, with climate-related votes poised to spike throughout the proxy season.

Oil and gas majors on both sides of the Atlantic are scheduled to hold their annual general meetings in the coming weeks. Existing climate strategies are up for votes alongside a range of investor-led resolutions targeting emissions reductions. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil Giants Sell Dirty Wells to Buyers With Looser Climate Goals, Study Finds

Oil Giants Sell Dirty Wells to Buyers With Looser Climate Goals, Study Finds

The transactions can help major oil and gas companies clean up their own production by transferring polluting assets to a different firm, the analysis said.

: May 10, 2022

When Royal Dutch Shell sold off its stake in the Umuechem oil field in Nigeria last year, it was, on paper, a step forward for the company’s climate ambitions: Shell could clean up its holdings, raise money to invest in cleaner technologies, and move toward its goal of net zero emissions by 2050. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Fossil fuel companies like Shell and BP are raking in massive profits, and this could be just the beginning

FORTUNE

Fossil fuel companies like Shell and BP are raking in massive profits, and this could be just the beginning

BY TRISTAN BOVE: May 5, 2022 8:33 PM GMT+1 Oil prices have been soaring this year, as Western sanctions hit the Russian economy hard, disrupting the global oil supply from one of the world’s largest producers. But while high gasoline prices at the pump make life difficult for consumers, fossil fuel companies are making a killing.Since the Russian invasion of Ukraine over two months ago, Brent crude, an international benchmark for oil pricing, has surged past $100 a barrel, the highest oil has sold for since 2012.

According to the latest round of quarterly reports from the world’s largest oil and gas companies, the fossil fuel industry has been benefiting massively from this surge. Demand for energy this year has soared as economies rebound from historically low demand during the pandemic, and coupled with a constrained supply from Russia, one of the world’s largest fuel exporters, the rest of 2022 could be just as profitable for fossil fuel companies. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Want To Stop Climate Change? Buy Big Oil Stock

Forbes:

Want To Stop Climate Change?

Buy Big Oil Stock

Jeroen Kraaijenbrink: Contributor: Leadership Strategy: 3 JAN 2022

EXTRACTS

In an age in which stock trading is no longer reserved to Wall-Street and a climate crisis is becoming a reality, sustainability-driven shareholder activism was bound to happen. And we see it happening, with increasing impact—especially in Big Oil, responsible for the largest share of the world’s greenhouse gas emissions.

“Thanks to the votes of institutional investors for the Follow This climate resolutions, Shell, Equinor, BP, Phillips 66, and Chevron have reluctantly set climate ambitions covering Scope 3 already.” And, as Follow This announced in their recent investor briefing, they will file no less than eight climate resolutions in 2022, at Shell, BP, Chevron, ConocoPhillips, Phillips 66, Occidental Petroleum, ExxonMobil, and Marathon Petroleum. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Governments and Big Oil were first. The next wave of climate lawsuits will target banks and boards

CNBC

Governments and Big Oil were first. The next wave of climate lawsuits will target banks and boards

Sam Meredith@SMEREDITH19 :PUBLISHED THU, NOV 11 20212:26 AM EST

GLASGOW, Scotland — Financial institutions and individual board members could be the next targets of climate litigation cases, according to the campaigners who helped to secure a landmark courtroom victory against oil giant Royal Dutch Shell.

It comes at a time when countries are scrambling to reach consensus in the final days of the COP26 climate summit. Negotiators from 197 countries are taking part in discussions with the goal of keeping the all-important global target of 1.5 degrees Celsius alive. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Bill Gates predicts oil companies ‘will be worth very little’ in 30 years — here’s why

CNBC

Bill Gates predicts oil companies ‘will be worth very little’ in 30 years — here’s why

Tom Huddleston Jr: Published Sat, Nov 6 20219:30 AM EDT

If you’re looking for an extremely long-term stock pick from billionaire Bill Gates, here it is: Avoid Big Oil.

As the world moves away from fossil fuels and adopts more clean and renewable energy sources, oil giants that have dominated markets for more than a century could be in trouble, the Microsoft co-founder said in a briefing at the COP26 climate summit in Glasgow, Scotland, on Thursday. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Britain’s fossil fuel dilemma in the spotlight as climate talks near

Britain’s fossil fuel dilemma in the spotlight as climate talks near

By Shadia Nasralla: Oct 19, 2021

EXTRACTS

LONDON (Reuters) – Britain faces a fossil fuel dilemma: it can burnish its green credentials by halting new oil and gas development in the North Sea, yet doing so will leave it more reliant on imported fuel.

Britain’s Oil and Gas Authority said gas extracted from the British North Sea had an average emission intensity of 22 kg carbon dioxide equivalent per barrel of oil equivalent, while imported LNG had an average intensity of 59 kg. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Democrats call on oil companies to testify on climate disinformation

CNBC

Democrats call on oil companies to testify on climate disinformation

PUBLISHED THU, SEP 16 20212:54 PM EDT UPDATED THU, SEP 16 20213:59 PM EDT Emma Newburger@EMMA_NEWBURGER KEY POINTS
  • The committee called on top executives at ExxonMobil, BP, Chevron, Shell and lobbying groups American Petroleum Institute and the U.S. Chamber of Commerce to testify before Congress next month.
  • The committee also requested documents on the reported role of the oil and gas industry in a long-term campaign to spread climate disinformation and undermine climate policy.

The House Oversight Committee on Thursday expanded its investigation into the fossil fuel industry’s involvement in spreading disinformation about the role fossil fuels play in causing climate change.

Committee Chairwoman Carolyn Maloney, D-N.Y., and Subcommittee on the Environment Chairman Ro Khanna, D-Calif., called on top executives at ExxonMobilBPChevron, Shell and lobbying groups American Petroleum Institute and the U.S. Chamber of Commerce to testify before Congress next month. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Exxon helped cause the climate crisis. It’s time they owned up

The Guardian:

Exxon helped cause the climate crisis. It’s time they owned up

Mark Hertsgaard: Thursday 16 Sept 2021

EXTRACTS

Royal Dutch Shell even anticipated the current wave of lawsuits: an internal study in 1998 forecast a scenario in which environmental groups would band together to file “a class action lawsuit on the grounds of neglecting what scientists, including [the industry’s] own, have been saying for years”.

Indeed, last May the Netherlands branch of the advocacy group Friends of the Earth won a landmark case against Shell. A Dutch court ordered Shell to bring its global operations in line with the Paris agreement goal of limiting temperature rise to 1.5C above pre-industrial levels. This will require Shell to reduce both its own and its customers’ emissions by a staggering 45% from 2019 levels by 2030. Shell is appealing the ruling. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Trustpilot Verdict on Shell Energy: Poor, pathetic, ignorant, liars and that’s just the start

Content sourced from recent customer reviews of Shell Energy published on Trustpilot.

6 Sept 2021

Poor Pathetic Incompetent

Poor, pathetic, ignorant, liars and that’s just the start.

My DD was increased without my knowledge and also first utility was taken over by shell energy and when I try to log in , I am being told I have no energy supplied by Dhell when I am clearly paying £250+ a month!!!! I called on Wednesday 1 September 3 times twice being put through to Bosnia first to Amar, then a very bored woman and then Ahmed in the UK. I’m was promised by Ahmed in the Uk that the service received in Vpsnia was appalling and he would clarify all my issues , he even took my mobile number in case we get cut off, after 36 mins of hold and in total ( whilst working ) an hour and a half on calls I was cut off , 72 hours later still waiting for a call back from Ahmed who will call me back straight away if we get cut off, I didn’t get cut off accidentally I was cut off on purpose!!
Today Saturday 4 september 2021 I rang again got through to Bosnia and another Baltic state who coudnt deal with my complaint even though I had a reference number. I got a bog standard email stating they have let the customer down this time and will do everything to rectify yet no idea what they are going to do?
I’m going to take my credit and my DD to another supplier albeit slightly expensive who can provide a service and assure the customer of promises made. No wonder the chief executive starts the call with a recording “ be nice to our staff etc etc” but the issue is they are incompetent
Monday is going to be the day when I tell them to get lost and the money I pay then over £2000 a year can go to a better supplier.
You want to make the customer second next well there is no loyalty anymore
Thd customer goes where the service is ! read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.