News and information on Shell Plc
Posted by John Donovan: 19 April 2024
Well, folks, gather ’round for another riveting episode of “Shell’s Great Aussie Adventure,” where the profits are plummeting faster than a kangaroo on a trampoline! In the latest saga, our beloved oil behemoth, Shell, has taken yet another hefty blow on its floating Prelude LNG project in sunny north-west WA. But fear not, mates, because the real kicker? They still managed to ship a cool $4 billion back to their global parent! Talk about priorities, right?
Posted by John Donovan: 19 April 2024
Well, folks, grab your popcorn because it’s time for another episode of “Shell Says What?” In today’s edition, our favorite fossil fuel giant is back at it again, telling shareholders that, hey, maybe we’re doing just fine with this whole climate change thing, thank you very much.
Shell is urging shareholders to give a big fat thumbs-down to a proposal that would actually push the company to step up its game in the fight against climate change. Because who needs tighter climate targets when you’ve got profits to chase, am I right?
Posted by John Donovan: 17 April 2024
Well, well, well, looks like the Netherlands is finally saying “buh-bye” to the Groningen gas field, leaving Shell scratching its head and counting its losses.
Yep, you heard it right. The Dutch Senate has slammed the door shut on Groningen, putting an end to decades of gas extraction in the region. No more tapping into Mother Earth for those sweet, sweet fossil fuels.
Why, you ask? Oh, just a little thing called seismic risks. Apparently, all that drilling was causing a bit of a ruckus underground, leading to earthquakes that made buildings shake like a leaf in a hurricane.
Posted by John Donovan: 17 April 2024
Well, folks, Shell just can’t resist the urge to poke the Arctic bear, and environmentalists are not having it. Cue the lawsuits, the drama, and the eye-rolling.
So, here’s the scoop: Shell wants to dive headfirst into drilling in the Arctic Ocean, and the U.S. government is giving them a thumbs-up. But guess who’s not clapping? Yep, you guessed it – environmentalists.
These green warriors are not about to let Shell turn the Arctic into their personal oil playground. Oh no, they’re taking the fight straight to the courts. The Sierra Club and their buddies have filed a lawsuit faster than you can say “polar ice caps.”
Posted by John Donovan: 17 April 2024
In what seems like a page ripped straight out of the corporate greed playbook, Shell is playing hardball with its shareholders over climate targets. Buckle up, folks, because this one’s a doozy.
So, there’s this resolution, right? A bunch of investors, with pockets so deep they practically touch the Earth’s core, want Shell to tighten its grip on climate goals. But what does Shell do? They tell their shareholders, “Nah, we’re good.”
“After decades of plundering the Niger Delta, Shell wants to tiptoe out the back door, leaving behind a trail of devastation and despair” Posted by John Donovan: 15 April 2024
In a move that could rival a circus act, Shell is attempting to pass off its Niger Delta business like a hot potato, but not without ruffling a few feathers. A coalition of 40 civil society organizations, led by the one and only Amnesty International, is sounding the alarm bells, demanding that the Nigerian government slam the brakes on this reckless sell-off unless some serious human rights protections are thrown into the mix.
The proposed sale of Shell Petroleum Development Company (SPDC) to Renaissance Africa Energy has raised more eyebrows than a magician pulling rabbits out of a hat. With the ink barely dry on the deal, concerns about the potential fallout are already swirling faster than a tornado in a teacup.
Posted by John Donovan: 8 April 2024
In a move that screams “Sayonara, London,” Shell is eyeing an escape to New York, leaving the UK stock market reeling and investors scratching their heads.
Wael Sawan, Shell’s big cheese, dropped the bombshell, hinting at the company’s dissatisfaction with its London listing. “I have a location that clearly seems to be undervalued,” he lamented, painting a picture of a company unappreciated and unloved.
But why the sudden urge to swap tea for coffee? Well, it seems Shell is tired of playing second fiddle to its American counterparts. With Exxon Mobil and Chevron strutting their stuff on Wall Street, Shell feels like the neglected stepchild stuck in dreary old London.
Posted by John Donovan 4 April 2024
In a move that surprises absolutely no one, Shell is angling for a long-term license from the US government for their latest gas project in Venezuela. Because apparently, when it comes to exploiting natural resources and wrecking the planet, Shell just can’t get enough.
Dubbed the “Dragon” field, this little venture is estimated to contain a whopping 4.2 trillion cubic feet of gas – because why settle for small-scale environmental destruction when you can go big, right?
Posted by John Donovan 3 April 2024
In a move that’s sure to leave you shaking your head and checking your wallet, it turns out that you – yes, you, the taxpayer – are footing the bill for Shell’s latest environmental mess in the North Sea. Because apparently, when it comes to cleaning up their own toxic waste, Shell thinks it’s more fun to stick you with the tab.
Despite Shell’s best efforts to keep their grimy oil rigs intact and avoid the costly cleanup, decision-makers under the Ospar Convention – the folks in charge of marine pollution – have put their foot down. And while Shell is busy squirming, environmental groups like Greenpeace are cheering from the sidelines.
Posted by John Donovan 2 April 2024
As a crucial climate case unfolded in The Hague, lawyers for Shell PLC pulled out all the stops with their jaw-dropping argument: If ordinary citizens can’t afford their energy bills, then forget about saving the planet. Because apparently, the only thing standing between us and climate catastrophe is the price of a monthly utility bill.
In what can only be described as a masterclass in corporate doublespeak, Shell’s lawyer, Daan Lunsingh Scheurleer, solemnly declared in court: “If people can no longer pay for their energy or that energy is no longer reliable… the support of people in the country… for the energy transition will be lost.” Translation: Sorry, folks, but saving the planet is just too damn expensive.
“…a move that left environmentalists scratching their heads and laughing hysterically…”: “And the punchline? We’re all the ones left laughing – or crying – as the world burns.”Posted by John Donovan 2 April 2024
In a stunning display of corporate audacity, Shell has taken to a Dutch court to argue that reducing greenhouse gas emissions would somehow hinder the noble cause of climate change. Because who needs a habitable planet when you can have record profits, am I right?
In a move that left environmentalists scratching their heads and laughing hysterically, a lower Dutch court had the audacity to order Shell to cut its planet-warming carbon emissions by a measly 45 percent by 2030. Shocking, I know. But fear not, for Shell is here to save the day with its ingenious argument: “This case has no legal basis.”
Posted by John Donovan 2 April 2024
In a move that could only be described as “bold,” Shell Oil has graciously gifted the world with its latest climate strategy, dubbed the “Shell Energy Transition Strategy 2024.” Oh, how we’ve been eagerly awaiting this gem from the fine folks who brought you oil spills and environmental devastation!
According to this masterpiece of corporate spin, Shell has decided to make a few tweaks to its climate goals. You know, nothing major. Just a slight downgrade of its 2030 target from a 20% reduction in net carbon intensity to a dazzling 15-20%. And who needs a target for 2035 anyway? Certainly not a titan of the fossil fuel industry like Shell.
Posted by John Donovan 2 April 2024
The audacious district court ruling in 2021, which Shell now dares to contest, ordered the company to slash its greenhouse gas emissions by a measly 45% by 2030 from 2019 levels. Apparently, that’s the equivalent of asking Godzilla to cut back on his stomping by 45% to preserve Tokyo.
Shell, the poster child for environmental negligence, has the gall to argue that such an order lacks a “legal base.” They even have the nerve to claim that they can’t be held responsible for the emissions caused by the very products they gleefully peddle to the masses.
Moreover, the letter condemns Shell’s recent strategic shift back toward increasing oil and gas production, deriding it as a profit-driven move that spells disaster for the planet. Posted by John Donovan 1st April 2024
In a scathing open letter, a coalition of Hollywood A-listers led by Emma Thompson, Stephen Fry, and Benedict Cumberbatch have slammed Shell for its “callous and vindictive” legal crusade against Greenpeace. The letter, signed by a slew of prominent figures including Greta Thunberg and supported by environmental groups like Extinction Rebellion, lambasts Shell’s CEO Wael Sawan for orchestrating “one of the biggest attacks on Greenpeace’s right to protest in the organisation’s 53-year history.”
Esther Kiobel and her legal team took on the big bad wolf known as Shell, accusing them of all sorts of nasty stuff like torture, killings, and basically being the baddies in Nigeria.Alright folks, let’s break this down in plain English because, let’s face it, the legal mumbo jumbo can make your head spin faster than a politician dodging questions.
So, here’s the deal: Esther Kiobel and her team took on the big bad wolf known as Shell, accusing them of all sorts of nasty stuff like torture, killings, and basically being the baddies in Nigeria. They thought, “Hey, let’s take these guys to court in the good ol’ US of A under the Alien Tort Statute.”
Another day, another dose of corporate greed and environmental destruction. Will these oil giants ever learn? Or will they continue to put profits over the planet?Posted by John Donovan 30 March 2024
Brace yourselves for another round of corporate shenanigans, this time starring none other than Shell, the world’s second-largest oil and gas company. In a move that surprises absolutely no one except maybe the most optimistic tree-hugger, Shell has decided to scale back its climate pledges. Saving the planet is just too darn risky for these fossil fuel titans.
Shell’s chief executive, Wael Sawan, voiced his concerns to Reuters, declaring it “perilous” to set emission reduction targets for 2035 due to the “uncertainty” in the energy transition trajectory. Translation: We’re not sure if we want to stop destroying the planet just yet, folks.
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