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Shell says its Nigeria asset sale not affected by court ruling

REUTERS

Shell says its Nigeria asset sale not affected by court ruling

ABUJA, June 21 (Reuters) – Shell Plc (SHEL.L) has said its planned sale of onshore assets in Nigeria will go ahead and was not affected by a Supreme Court ruling in a case in which a Niger Delta community is seeking compensation for a 2019 oil spill.

Bamidele Odugbesan, spokesman for Shell in Nigeria, said the June 16 Supreme Court ruling was in response to an appeal launched by Shell against a contempt ruling linked to the dispute with the Niger Delta community.

The lawyer for the community said the ruling, which was made public on Monday, barred Shell from disposing its assets as ordered by a lower court in March.

“The Supreme Court ruling on 16 June was with respect to the contempt proceedings and not related to (the) onshore portfolio review,” Odugbesan said.

Shell has invited bids for its onshore assets. Odugbesan did not say how many bids had been received.

Eighty-eight communities in Rivers state were awarded $1.95 billion compensation for an oil spill they blamed on Shell and which damaged their farms and waterways. Shell denies causing the spill. read more 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 plans to expand amid energy market chaos

The Telegraph

Shell plans to expand amid energy market chaos

The FTSE 100 company plans to invest £20bn-£25bn in the UK

By Rachel Millard: 13 June 2022 • 7:27pm

Shell is pursuing a significant expansion of its business supplying electricity to UK households amid intense volatility in energy markets.

The FTSE 100 company wants to supply clean power to five million households and electric car drivers by 2030, up from about 1.5m today, as part of plans to diversify away from oil and gas.

Shell plans to invest £20bn-£25bn in the UK over the decade, more than 75pc of which will go towards low carbon energy such as wind turbines and electric car charging points. 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 launches residential power brand Shell Energy, enters Texas market with 100% renewable electricity plans

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

HOUSTONJune 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

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.

South Africa court to rule on Shell offshore oil exploration

AP NEWS

South Africa court to rule on Shell offshore oil exploration

JOHANNESBURG (AP) — A South African court is to rule on efforts to stop British oil giant Shell from conducting any further seismic surveys in the country’s Indian Ocean waters to explore for offshore oil and gas deposits.

Environmental and community groups in South Africa’s Eastern Cape province won an urgent interdict to stop the surveys in December last year and are now asking the court to permanently halt the operations. 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.

New gas field in North Sea finally given thumbs up by regulators in move Business Secretary Kwasi Kwarteng claims will ‘protect energy security’

DAILY MAIL

New gas field in North Sea finally given thumbs up by regulators in move Business Secretary Kwasi Kwarteng claims will ‘protect energy security’

A new gas field in the North Sea has finally been given the thumbs up by regulators in a move Business Secretary Kwasi Kwarteng claimed will ‘protect energy security’.

The Jackdaw field, east of Aberdeen, is owned by Shell and was originally licensed in 1970.

Last year the Government refused permission to develop it amid opposition from green activists who were pressuring ministers to reduce Britain’s reliance on fossil fuels.

But that decision was called into question following Russia’s brutal invasion of Ukraine, which has caused gas prices to soar as countries shun supplies from the Kremlin. 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.

Judgment reserved in case against Shell’s seismic survey along the Wild Coast

DAILY MAVERICK

Judgment reserved in case against Shell’s seismic survey along the Wild Coast

By Tembile Sgqolana: 31 May 2022

The second day of the three-day court case between Shell, Impact Africa and environmental activists kicked off at the Gqeberha High Court on Tuesday following arguments from advocate Tembeka Ngcukaitobi SC and advocate Nick Ferreira on Monday.

The judges adjourned the matter, reserving judgment in both granting the joinder application put forward by Natural Justice and Greenpeace Africa (represented by the environmental law firm Cullinan & Associates) and the declarator that Shell required an environmental authorisation under the National Environmental Management Act (Nema), and if their exploration rights had been lawfully awarded by the Department of Mineral Resources and Energy (DMRE).

On Monday, Judge President Selby Mbenenge, Deputy Judge President Zamani Nhlangulela and Judge Thandi Norman heard the merits of the joinder application.

On Tuesday, Jeremy Gauntlett SC, representing Impact Africa, argued against the joinder application sought by Natural Justice and Greenpeace Africa, saying the two organisations added nothing new to the case and had decided to attach themselves like a “cuckoo in a nest”.

During the second day, Gauntlett argued that the applicants were using a legal “knobkerrie” via interdict to undermine Minister Gwede Mantashe’s  authority to decide the matter, laying blame on imperfect legislation rather than the decision-maker. 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.

The Nigerian village that stood up to Shell and won

The Guardian

The village that stood up to big oil – and won

The fossil fuel industry faces a reckoning in the Niger Delta after a disaster left families ‘eating, drinking, breathing the oil’

Wednesday 1 June 2022

Today, the oil industry in Nigeria faces a reckoning with Shell at the helm. According to Amnesty International, the oil company has come under “unprecedented legal scrutiny” in recent years for its negligent and criminal practices in the Niger Delta. Several lawsuits are ongoing while others have culminated in courts ordering Shell to pay plaintiffs billions of dollars in damages. The mounting pressure has Shell considering a rapid departure from the region’s oil market. In early August 2021, the company announced it would sell off all remaining onshore oilfields in Nigeria, citing challenges with community unrest, sabotage and a company-wide refocus on promoting green energy. But locals and lawyers see the move as Shell ducking its responsibility to clean up after itself. A court in March barred Shell from selling any more assets in Nigeria while the company appeals against a ruling in which it was found liable for a 2019 oil spill and ordered to pay affected communities nearly $2bn in damages. 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 Jackdaw gas field given go-ahead by regulators

BBC NEWS

Shell’s Jackdaw gas field given go-ahead by regulators

By Justin Rowlatt: Climate editor:

June 1st, 2022

The development of a major North Sea gas field has been approved by regulators.

The Jackdaw field, east of Aberdeen, has the potential to produce 6.5% of Britain’s gas output.

The regulatory approval comes as the UK government seeks to boost domestic energy output following Russia’s invasion of Ukraine.

Shell’s proposals were initially rejected on environmental grounds in October. 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 Court Case Prompts Climate Protest in Cape Town

Bloomberg News

Shell Court Case Prompts Climate Protest in Cape Town

Bloomberg News: Paul Burkhardt: May 28, 2022

Protesters rallied in Cape Town on Saturday ahead of a court ruling on oil and gas exploration by Shell Plc.

Community groups in December won a temporary halt to the company’s seismic survey off South Africa, pending a decision on whether further environmental authorization is needed for the work to proceed. The case will reopen on Monday.

Demonstrators held signs that showed the Shell logo and read “stop all seismic blasting,” activity that they argue will harm local marine life and disrupt fishing, while the company maintains the practice has been well established and in line with industry standards. 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.

Exclusive-Shell in talks with Indian consortium to sell Russian LNG plant stake -sources

Reuters

Exclusive-Shell in talks with Indian consortium to sell Russian LNG plant stake -sources

LONDON (Reuters) -Shell is in talks with a consortium of Indian energy companies to sell its stake in a major liquefied natural gas plant in Russia, three sources told Reuters, highlighting India’s willingness to step into the space left by Western companies following Moscow’s invasion of Ukraine.

The world’s third-largest oil importer and consumer has already stepped up purchases of Russian supplies since the conflict began in February, taking advantage of big discounts at a time when global oil prices have surged.

The sources said Shell has recently entered into talks with a group of Indian companies, including ONGC Videsh and Gail, over its 27.5% stake in the Sakhalin-2 LNG plant on Russia’s eastern flank.

Shell declined to comment. ONGC, Gail and other state-run Indian companies did not respond to Reuters’ request for comment.

The talks follow the British company’s plans to exit all its Russian operations, amid an exodus of Western companies from the country in response to sanctions over the Ukraine conflict. India has not explicitly condemned Moscow’s actions there.

India has snapped up cheap Russian oil, taking its share of Russian oil exports to around 10% from zero since the start of this year, according to the International Energy Agency. 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 Bukom heist: Former technician gets over 15 years’ jail for helping to steal S$60 million of gasoil

Shell Bukom heist: Former technician gets over 15 years’ jail for helping to steal S$60 million of gasoil

· Senior Reporter:

SINGAPORE — A former Shell employee who helped siphoned gas oil in a massive heist from Pulau Bukom in Singapore was jailed for 15 years and four months on Thursday (26 May).

Muhamad Farhan Mohamed Rashid, 34, was part of a syndicate which misappropriated S$128 million in gasoil from Shell’s largest petrochemical production and export centre in Asia Pacific.

For his role, Farhan helped to misappropriate around US$44 million (S$59.6 million) in gasoil to sell on the black market between 2014 and 2016, and received around S$735,331.

Farhan pleaded guilty to 13 out of 27 charges of engaging in a conspiracy to commit criminal breach of trust as a servant, five out of 13 charges of converting or transferring criminal proceeds, and one charge of consuming methamphetamine in September last year. The remaining charges, including two related to drugs, were considered for his sentencing. 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.

Climate pressure from employees, shareholders rattles Big Oil

The Washington Post

Climate pressure from employees, shareholders rattles Big Oil

By : May 27, 2022 at 9:09 a.m. EDT

Five years ago, Shell chief executive Ben van Beurden sat down for an interview with The Washington Post and said “we believe that climate change is real. We believe that the threat of climate change is real. And we believe that action is needed.”

Then he added: “It doesn’t mean we have to kiss hydrocarbons goodbye. In fact, we can’t. But it does mean that we have to make more intelligent choices.”

Today, however, Shell and other oil companies are under fire from those who don’t believe industry leaders are making intelligent choices. Dissident shareholders sought to use annual meetings to press their cases this week. And at Shell’s annual meeting in London on Tuesday, dozens of climate activists wore “Christian Climate Action” T-shirts and rhythmically chanted “we will, we will stop you,” forcing the company’s chairman to halt the proceedings for over an hour. 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: ‘We understand worry for millions – but windfall tax creates uncertainty’

CITYA.M.

Shell: ‘We understand worry for millions – but windfall tax creates uncertainty’

 and : FRIDAY 27 MAY 2022

Shell has slammed the government’s windfall tax, saying while it “understands the worry for million” about the cost of living it will creates “uncertainty” about investment.

This follows Chancellor Rishi Sunak announcing a so-called Energy Profits Levy, a 25 per cent surcharge on North Sea oil and gas sector profits, which could last for up to three years.

The Treasury expects the tax will raise around £5bn over the next 12 months – which will help fund a £15bn package to save the country’s most vulnerable households £1,200 this year.

After BP said the tax may force it to reconsider its UK investment plans, Shell is the latest energy giant to come out against the levy.

A spokesperson told City A.M. : “We understand the worry for millions of people about how high energy costs are challenging their household budgets – and the need for support to help make ends meet.” 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 escaped liability for oil spills in Nigeria for years. Then four farmers took them to court — and won

CNN

Shell escaped liability for oil spills in Nigeria for years. Then four farmers took them to court — and won

Nigeria (CNN)When Nigerian environmental lawyer Chima Williams launched a lawsuit against oil giant Shell plc, he did not envisage a 13-year battle that would lead to a landmark ruling and land him a prestigious environmental award.

Williams, who is the executive director of the Environmental Rights Action/Friends of the Earth Nigeria, successfully convinced the Court of Appeal in the Hague that Shell plc was responsible for the activities of its subsidiary in Nigeria — Shell Petroleum Development Company of Nigeria (SPDC) — and for oil spills that ravaged local farmlands.

The suit against Shell Nigeria was brought by four farmers from the Goi and Oruma communities in the country’s oil-rich but impoverished Niger Delta region, who said their farms were left in ruins after major spills from underground pipelines.

The decision to allow Shell plc, formerly known as Royal Dutch Shell plc, to be sued in this jurisdiction set a precedent as it was the first time the Dutch parent company was sued in its home country for the actions of its foreign subsidiary, SPDC.

Environmental lawyer Chima Williams is the 2022 Africa Goldman Prize winner for his efforts in holding oil giant Shell accountable for oil spills.

Shell Nigeria (SPDC) was eventually held liable for the oil spills and ordered to pay damages to the farmers in a January 29, 2021, ruling by the Court of Appeal of the Hague. SPDC was also ordered to carry out an intensive clean-up of the damage to the communities.

Williams was on Wednesday awarded the Goldman Environmental Prize for his work in holding the company accountable for the environmental damage. 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.

Safety consultant goes viral for leaving Shell after a decade, says ‘core business’ is dangerous

CNBC

Safety consultant goes viral for leaving Shell after a decade, says ‘core business’ is dangerous

Catherine Clifford: @IN/CATCLIFFORD/@CATCLIFFORD: PUBLISHED TUE, MAY 24 20224:30 PM EDT

EY POINTS
  • At 8:27 a.m. on Monday morning Caroline Dennett emailed 1,400 executives at the oil and gas conglomerate, Shell, to announce her resignation after 11 years doing safety consulting for the company through her firm, .
  • Shell’s internal safety program is dubbed “Goal Zero” and its aim is to have “no harm and no leaks,” Dennett said. “The Goal Zero is honorable, but they don’t equate that to the harms that are being done on a massive scale,” she told CNBC.

At 8:27 a.m. on Monday morning, May 23, Caroline Dennett emailed 1,400 executives at the oil and gas conglomerate, Shell, to announce her resignation after 11 years working as a safety consultant.

Dennett, who is based near London, asked executives and management at Shell “to look in the mirror and ask themselves if they really believe their vision for more oil and gas extraction secures a safe future for humanity.” 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.

Climate protesters block start of Shell shareholder meeting

Reuters

Climate protesters block start of Shell shareholder meeting

By Shadia Nasralla and Ron Bousso:

LONDON, May 24 (Reuters) – A couple of dozen climate protesters disrupted Shell’s (SHEL.L) annual general meeting (AGM) on Tuesday, chanting slogans and holding banners as Shell Chair Andrew Mckenzie tried to start the meeting.

Shell is due to ask its shareholders to vote on a resolution supporting its climate strategy and rebuff a climate resolution from activists, another iteration of which garnered 30% of votes at last year’s AGM. 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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