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: Jail sentences recommended for top Shell executives. The 'Core Team' is Dutch, the 'Supervisory Board is Dutch ' the advisory panel is made up of maily NL employees, very little diversty despite claiming and using COVID as an excuse for non diversity ! This website is a permanent response by me to the malicious underhand tactics, including treachery, espionage and intimidation, used by Shell during and after the bouts of litigation.

Details remain sparse as to the root cause of the total power outage. to allow licenses for sour gas wells, pipelines and other facilities to be transferred to Pieridae Energy from Shell Canada, saying the deal appeared to reduce Shell’s responsibility for cleaning up the sites, adding that the extent of contamination at the hundreds of facilities is unknown.


Geert, very easy to pass judgments without knowing full facts and in hindsight. Sorry, your blog cannot share posts by email. : Geert Vermeulen (Ethics & Compliance Officer) posted an article on Linkedin about the Shell OPL 45 debacle and all that surrounds it. This was a response to the article by Adam Bennett: More information is printed at the foot of this column. Is Royal Dutch Shell a good buy? I think that AR is Anca Rusu. My sole concern re Prelude from the start was not that it technically would fail to adequately produce with an eventual return on huge capital invested, after all Shell has a well-deserved record of being technically ahead of the game re LNG process design, my concern was that in risk terms it was much more risky a project with regards to health and safety of employees than the overegged statements made during its early development by folks who were either incompetent to understand offshore installations residual risks or were purposefully misleading propagandists re the true risk levels. Post was not sent - check your email addresses! selection of memorable warnings/articles/images associated with the controversial track record of Royal Dutch Shell. Demand for oil has collapsed, partly from a lapse in overall demand due to the pandemic, but also because airlines aren’t flying and fuel sales have plunged. Oil Giants Have Contrasting Approaches To The CrisisThe oil industry was already under pressure due to the climate crisis and increasing regulation from governments to cut emissions. Shell has become a global leader in LNG, after the BG merger. Can’t we just move helpless & hopeless leaders out of the organization?

WTF? Senator Ted Cruz, one of the sponsors of the legislation, says the pipeline poses “a critical threat to America’s national security and must not be completed.”The bill would expand sanctions to companies that provide “underwriting services or insurance or reinsurance” for vessels working on the pipeline as well as those that provide “services or facilities for technology upgrades or installation of welding equipment for, or retrofitting or tethering” of vessels.They’re also paring capex, reducing costs, pausing stock buybacks, and delaying project approvals.Besides the bond sales, Shell and BP have also obtained new multibillion-dollar credit facilities.Aside from LNG Canada – which is 40%-owned by Shell – and the Groundbirch gas production complex in British Columbia that will partly supply it, the company has some light oil production, the Scotford refinery, two chemicals plants and a carbon capture facility in Alberta, plus the Sarnia refinery and a lubricants plant in Ontario.Shell also still owns a 10% stake in the Athabasca oil sands after selling most of its holdings in 2017; Crothers says the company has no plans to sell the rest because it is a core asset which provides feedstock for the Scotford complex.Much has been made lately of the deep dive into shale that the likes of oil majors such as Chevron (NYSE:The world’s five largest publicly traded oil companies are increasing their investments in oil and gas, putting a combined $110 billion in new fossil-fuel production.Meanwhile, those firms are projected to spend just $3.6 billion on low-carbon investments, such as biofuels and renewables, according to a The reckless disparity comes just months after the United Nations warned that the world must rapidly phase out fossil fuel use over the next decade or face catastrophic global warming of at least 2.7 degrees Fahrenheit.A characteristic throughout has been a quest to lead.Driving Shell forward is VP Upstream President Steve Phimister who, by coincidence, was born the same year as Shell’s UKCS odyssey began 50 years ago.The super-major has lived through boom times followed by harsh periods when commodity prices were in the basement and, from the late 1990s, speculation grew as to whether such companies had a future in the North Sea.Our Website uses cookies to improve your experience.

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