Posts under ‘United States’

Shell launches residential power brand Shell Energy, enters Texas market with 100% renewable electricity plans

NEWS PROVIDED BY Shell USA, Inc. : Jun 07, 2022, 10:00 ET

HOUSTON, June 7, 2022 /PRNewswire/ — Shell today announced the launch of the Shell Energy brand into the residential power market in the United States. Through Shell Energy Solutions (“Shell Energy”) the company now offers 100% renewable electricity plans to eligible customers in Texas, expanding its portfolio of offerings and giving residential customers access to renewable electricity plans while building on the trusted relationships the company has built with Texans over decades. read more

The New York Times

Shell, the Oil Giant, Will Sell Renewable Energy to Texans

The European oil company has been expanding into green energy even as many U.S. energy giants have kept their focus on fossil fuels.

By Clifford Krauss and Ivan Penn: June 7, 2022 Updated 3:13 p.m. ET

HOUSTON — Shell said on Tuesday that it would begin selling electricity generated from renewable sources to residents and businesses in Texas, a move that brings the European oil company’s shift to green energy to the U.S. market.

The announcement underscores a widening gulf between the strategies of European and U.S. oil companies as elected leaders and consumers demand that the energy industry do more to tackle climate change. European businesses including Shell, BP and TotalEnergies are seeking to expand into renewable energy, electric vehicle charging and other fast-growing businesses as U.S. companies like Exxon Mobil and Chevron mostly keep their focus on oil and gas while investing in capturing carbon from industrial plants and biofuels.

Shell, which already has electricity businesses in nine countries, plans to double the amount of electricity it sells by 2030. The company, which is based in London, is Europe’s largest oil and gas business by revenue and has operations in more than 70 countries, including gas stations, refineries and oil and gas fields. read more

Shell completes acquisition of Landmark fuel and convenience network

Jun 1, 2022

Shell Retail and Convenience Operations LLC, a wholly owned subsidiary of Shell Oil Products US (Shell), has completed the acquisition of certain company-owned fuel and convenience retail sites from the Landmark group of companies (Landmark). The acquisition also includes supply agreements for the independently operated fuel and convenience sites.

Building on the strength of its existing networks, this acquisition brings Shell closer to its customers and enhances Shell’s market presence by growing its mobility footprint in a key region in the U.S., which is one of the largest fuels and convenience retail markets in the world. read more

Shell completes acquisition of Landmark fuel and convenience network

Wed, June 1, 2022

HOUSTON, June 1, 2022 /PRNewswire/ — Shell Retail and Convenience Operations LLC, a wholly owned subsidiary of Shell Oil Products US (Shell), has completed the acquisition of certain company-owned fuel and convenience retail sites from the Landmark group of companies (Landmark). The acquisition also includes supply agreements for the independently operated fuel and convenience sites.

Building on the strength of its existing networks, this acquisition brings Shell closer to its customers and enhances Shell’s market presence by growing its mobility footprint in a key region in the U.S., which is one of the largest fuels and convenience retail markets in the world. read more

Fortune

Shell CEO points out loopholes in Russian oil sanctions after announcing record profits

Planned embargoes on Russian oil may be thwarted due to the way the global crude supply chain works, Shell’s CEO explained on Thursday.

Speaking after Shell reported record quarterly profits, Ben van Beurden, the oil giant boss, told reporters that the framework of the world’s crude network left loopholes open in Western government bans on Russian oil.

This is because imported fuels like gasoline, which might have been made from Russian oil but refined outside of Russia, cannot always be traced back to their natural source. read more

Shell tightens restrictions on Russian oil buying

April 27 (Reuters) – Shell SHEL.L on Wednesday tightened its restrictions on buying Russian oil, saying it would no longer accept refined products with any Russian content, including blended fuels.

Shell last month said it would phase out buying Russian crude and its involvement in all Russian hydrocarbons from oil to natural gas, after facing an uproar over buying a Russian crude cargo in the days following Moscow’s invasion of Ukraine. read more

Ukraine brands Shell ‘deplorable’ after accusing it of using an ‘accounting trick’ to keep buying Russian oil

By LUCY WHITE FOR THE DAILY MAIL

PUBLISHED: 21:54, 22 April 2022 | UPDATED: 09:52, 23 April 2022

Ukraine’s government has branded Shell ‘deplorable’ after accusing it of using an ‘accounting trick’ to keep buying Russian oil.

Officials in Kyiv said Western companies were continuing to ‘bankroll Putin’s war machine’ despite promising to cut ties with the Kremlin. read more

The Telegraph

‘Latvian blend’: How Russia bends the rules to keep its oil flowing

There is a growing gap between rhetoric and reality on the vast trade of Russian oil

CITYA.M. 

Ukraine’s government writes to Shell, accusing it of ‘bankrolling Putin’s war with an accounting trick’

JACK MENDEL:  22 April 2022

Ukraine has accused energy giant Shell of continuing to “bankroll Putin’s war machine” buy buying oil through an “accounting trick.”

In an angry letter sent to the oil company’s boss, Kyiv branded it “deplorable” that firm was still buying fuel linked to the Kremlin indirectly.

According to the Telegraph, despite a commitment to stop purchasing energy, Shell considers refined oil products as not being Russian if less than half of the blend is from the country. read more

The Telegraph

Shell accused of using ‘accounting trick’ to keep buying Russian oil

The Ukrainian government has accused Shell of using an “accounting trick” to allow the oil giant to keep buying Russian crude despite promising to cut ties with the Kremlin.

A letter sent by Kyiv to Shell boss Ben van Beurden said it was “deplorable” that companies are continuing to “bankroll Putin’s war machine” amid concerns Russian oil is still being bought through backdoor routes.

The FTSE 100 oil major committed to stop purchasing Russian crude in the spot market and said it is legally obliged to accept oil deliveries from contracts sealed before the invasion of Ukraine. However, it defines refined oil products, such as diesel, as not being of Russian origin if less than 50pc of the blend is from the country. read more

Reuters

Shell resumes shipping LNG from Prelude off Australia

MELBOURNE, April 11 (Reuters) – Shell Plc (SHEL.L) said on Monday it has resumed shipping liquefied natural gas (LNG) from its Prelude floating LNG facility off northwest Australia after a four-month shutdown due to a major power failure.

A cargo completed loading and left the site on Sunday night, a Shell spokesperson said, declining to disclose the destination.

“Our focus at Prelude remains on the long-term and delivering safe, sustained and reliable performance into the future,” Shell said in a statement. read more

Current litigation in Florida where Shell has allegedly engaged in a “false, deceptive, and unlawful advertising scheme”

THE ABOVE IMAGE IS FROM THE FLORIDA LEGAL DOCUMENT

EXTRACTS FROM A FLORIDA LEGAL DOCUMENT IN WHICH SHELL OIL COMPANY IS THE DEFENDANT: To drive sales and increase their own revenue, Defendant has engaged in a deceptive pricing scheme which misleads consumers into believing they will be charged a lower price for gasoline purchases made with debit cards, when in reality consumers are charged a higher “credit” price for these transactions. By this action, Plaintiff seeks damages on behalf of the Class as defined herein arising from Shell’s false, deceptive, and unlawful advertising scheme, as well as injunctive and equitable relief to end Shell’s scheme. read more

By John Donovan

Printed below is a Google Review of the employment attorney law firm Oberti Sullivan LLP fast gaining a reputation for successfully suing the unscrupulous oil giant Shell, multiple times.

It was posted by Michael Oliveri, the former senior U.S. military officer who sued Shell for age discrimination and retaliation after the energy giant revoked his job offer. His posting seems to confirm, as previously stated online, that Shell settled his claim. 

HIS POSTING

Shell Terminated Executive After Stage 4 Cancer Diagnosis

NEWS PROVIDED BY Oberti Sullivan : Mar 31, 2022, 08:33 ET

HOUSTON, March 31, 2022 /PRNewswire/ — An amended petition was filed this week in the lawsuit against Shell alleging disability, pregnancy and sex discrimination.

Julia Shur, 47, an employee of Shell was diagnosed with Stage 4 colon cancer in June 2019. A year later, she was terminated for alleged performance reasons despite having led two transactions which resulted in more than $160 million in revenue for Shell that year. read more

S&PG Global

Platts

Shell expects new US petrochemical complex to start up by year-end: CFO

• Author Kristen Hays 
• Editor Benjamin Morse 
• Commodity Petrochemicals

Shell Chemicals expects its new petrochemical complex in southwest Pennsylvania to come online by year-end, Royal Dutch Shell CFO Jessica Uhl said Feb. 3.

She said during the company’s Q4 2021 earnings call that the company was finishing up the project in 2022, “which should hopefully be up and running by the end of the year.”

The project also will mark Shell’s re-entry into polyolefins. In 2017, CEO Ben Van Beurden said during a company earnings call that Shell has been in polyolefins “through a very difficult convoluted way in the past through a number of joint ventures,” but the new complex “will be a re-entry in a way that will sustain our position as a polyolefins player.” read more

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