21 Oct 2024
Meet Irina Woodhead, the brave whistleblower who dared to speak out against the greedy, ruthless, and incompetent oil giant we know as Shell. For those not keeping track of Shell’s ever-expanding portfolio of environmental disasters and corporate scandals, Irina was employed by the company as a technical and process safety advisor from July 2019 to May 2023. And boy, did she have a front-row seat to Shell’s handling of one of its most embarrassing failures: the Prelude FLNG project. read more
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Posted in: Australia, Australian National Offshore Petroleum and Environmental Management Authority, BlackRock, BlackRock Advisors UK, BlackRock Fund Advisors, Fossil Fuels, Gas, Irina Woodhead, John Donovan, LNG, Prelude FLNG Project.
21 Oct 2024
Oh, Shell, you poor, misunderstood oil giant, trying so hard to make a clean getaway from the toxic mess you’ve left in Nigeria’s Niger Delta. But what’s this? Nigeria rejected your grand $1.3 billion deal to sell off your onshore oil production unit. The local consortium, Renaissance Africa Energy, wasn’t up to snuff. Even in a landscape ravaged by pollution, oil theft, and violence (mostly thanks to companies like Shell), the regulators still have some standards. Who knew? read more
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Posted in: Africa, Big Oil, BlackRock, BlackRock Advisors UK, BlackRock Fund Advisors, Bribery, Business ethics, Business Principles, Environment, Fossil Fuels, GoogleNews, Greenwash, Greenwashing, Hakluyt & Co, Hakluyt & Company, Human Rights, John Donovan, Ken Saro-Wiwa, Niger Delta, Nigeria, Ogoni, Ogoni 9, Oil, Oil Spill, Pollution, Royal Dutch Shell Plc, Shell, Shell Business Principles, Shell PLC, Shell Spying, Sin Stocks.
Tagged: Environment · Niger Delta · Nigeria · Oil · Royal Dutch Shell Plc · Shell
19 Oct 2024
Ah, Shell, ever the master of hypocrisy. In a move that surprises no one, Shell Energy Solutions—the little offshoot of the British oil behemoth—announced it’s axing over 100 Houston-area employees just in time for the holidays. Because nothing says “Merry Christmas” like a pink slip from one of the world’s richest, most polluting corporations. And, naturally, this was slipped out through a WARN notice filed with the Texas Workforce Commission. Classy.
So, what’s the excuse this time? Shell’s PR wizards claim it’s all about “anticipated ongoing and future operations.” Translation: Shell’s figured out how to screw over more people with fewer resources. The cuts range from business analysts to engineering and project managers, but don’t worry—Shell promises there will be “no current impact” on customers. That’s right, folks, business as usual. Nothing to see here except a multinational corporation tightening its belt after decades of profiting from environmental destruction. read more
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Posted in: Big Oil, BlackRock, BlackRock Advisors UK, BlackRock Fund Advisors, Business ethics, Business Principles, Climate Change, Environment, Fossil Fuels, GoogleNews, Greenwash, Shell Greenwash, Shell Job Cuts, Shell Oil, Shell Oil Company, Shell PLC, Sin Stocks.
Tagged: Environment · Royal Dutch Shell Plc · Shell · Shell Job Cuts
17 Oct 2024
Oh, poor Netherlands, it seems like shutting down a gas field that was literally causing earthquakes has finally caught up with them. Who could’ve seen this coming? Groningen, the gas field operated by the environmental saints at Shell and ExxonMobil (under the cutesy name NAM, because nothing says trust us like an acronym), was pumping gas and shaking houses for 60 years. But when the earthquakes got too hard to ignore, the Dutch government dared to prioritize people’s safety over profits. The nerve, right? read more
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Posted in: Business ethics, Business Principles, Dutch, Environment, Exxon, Exxon Mobil, Gas, GoogleNews, Groningen Earthquakes, Groningen risks, John Donovan, NAM, Netherlands, Royal Dutch Shell Plc, Shell Business Principles, Shell PLC, Sin Stocks.
Tagged: Environment · ExxonMobil · Gas · LNG · Royal Dutch Shell Plc · Shell
17 Oct 2024
Well, this is rich. The UK’s largest solar farm, Cleve Hill, was supposed to be the shining beacon of green energy, destined to power more than 100,000 homes. But instead, in a twist of fate that surprises absolutely no one, Tesco and Shell have swooped in to claim the whole thing for themselves. Yep, that’s right. What was sold to the public as a game-changer for household energy is now going to power Tesco supermarkets and Shell’s ever-growing network of electric vehicle (EV) charging stations. The irony is almost too painful to watch. read more
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Posted in: Alternative Energy, Big Oil, Business ethics, Electric Vehicles, Fossil Fuels, GoogleNews, Greenwash, Royal Dutch Shell Plc, Shell PLC, Shell Solar.
Tagged: Alternative Energy · Canada · Environment · Royal Dutch Shell Plc
17 Oct 2024
Oh, Shell, always finding new ways to trip over its own oily feet. This time, they’ve managed to fumble a $1.3 billion sale of their onshore oilfields in Nigeria. Yes, you heard that right. The almighty Shell, which practically wrote the book on ruthless exploitation, can’t even offload its pollution-ridden assets without causing another mess. Nigeria’s oil regulator took one look at their proposed buyer, Renaissance Group, and said, “Yeah, no thanks. These guys aren’t remotely qualified to run this operation.” read more
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Posted in: Africa, Big Oil, BlackRock, BlackRock Advisors UK, BlackRock Fund Advisors, Business ethics, Business Principles, Environment, Fossil Fuels, GoogleNews, Human Rights, IG Farben, Immoral, John Donovan, Ken Saro-Wiwa, Michael Crothers, Niger Delta, Ogoni, Ogoni 9, Ogoniland, Oil Spill, Pollution, Royal Dutch Shell Plc, Saudi Aramco, Shell, Shell PLC, Sin Stocks, Toxic contamination, Vanguard Global Advisers LLC, Vanguard Group.
Tagged: Ken Saro-Wiwa · Niger Delta · Nigeria · Shell
15 Oct 2024
Well, well, well—look who’s crying foul! Shell, the lovable oil giant with a heart of, well, pure carbon, is now throwing a hissy fit because gasp Russia did something shady. After Vladimir Putin decided to invade Ukraine (as one does), Shell bolted from its Russian investments like a thief in the night. Now, the Kremlin is coming after them for a cool €1 billion, and Shell, bless its greedy little heart, just can’t believe this is happening.
Here’s the scoop: Shell had a 27.5% stake in the Sakhalin-2 oil and gas field, a cozy arrangement with Gazprom (Russia’s state-owned gas company) and a couple of Japanese firms like Mitsui and Mitsubishi. But after Russia basically swiped the joint venture and handed it over to a homegrown entity, Shell decided it wasn’t playing along. Did they think Putin would care? Of course not! Russia casually sold off Shell’s stake—because why not—passing it to Novatek and Gazprom. read more
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Posted in: BlackRock, BlackRock Advisors UK, BlackRock Fund Advisors, Bully-boy tactics, Business ethics, Business Principles, Environment, Gazprom, GoogleNews, LNG, Royal Dutch Shell Plc, Russia, Sakhalin, Sakhalin 2, Shell PLC, Sin Stocks.
Tagged: Environment · Gas · Gazprom · Royal Dutch Shell Plc · Russia · Shell
Posted by John Donovan: 13 Oct 2024
In today’s edition of “What the Actual Fu**?”, Varun Chandra, the former head honcho of Hakluyt—yes, that shady spy firm founded by ex-MI6 agents—has sauntered into a cushy role as one of Keir Starmer’s senior advisers. And wouldn’t you know it, Chandra’s still got his greasy fingers in Hakluyt’s AI investment fund, which coincidentally backs several AI firms with multimillion-pound contracts, including a cozy deal with the NHS. But don’t worry, folks, no conflict of interest here! It’s all just business as usual when you’re operating in Shell’s morally bankrupt universe of corruption and cover-ups. read more
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Posted in: Big Oil, BlackRock, BlackRock Advisors UK, BlackRock Fund Advisors, Business ethics, Business Principles, Fossil Fuels, GoogleNews, Greenpeace, Hakluyt & Co, Hakluyt & Company, Immoral, John Donovan, Royal Dutch Shell Plc, RoyalDutchShellPlc.com, Shell Business Principles, Shell PLC, Shell Spies, Shell Spying, Sin Stocks, Sir Peter Holmes, Sir William Purves.
Tagged: John Donovan · Royal Dutch Shell Plc · Shell
Shell Loses Landmark Case Because Apparently, Destroying Nigerian Communities for Profit Isn’t Enough—They Tried to Weasel Out of Responsibility Too
Posted by John Donovan: 12 Oct 2024
In a stunning twist that absolutely no one saw coming, oil behemoth Shell, the model of corporate ethics (wink), has lost yet another court battle. This time, the UK Court of Appeal has handed down a major ruling in favor of two Nigerian communities, the Bille and Ogale, whose land, water, and livelihoods have been systematically obliterated by oil pollution—allegedly caused by none other than Shell’s Nigerian subsidiary, SPDC.
The Bille and Ogale communities have been living in an environmental nightmare for years, courtesy of around 100 oil spills from Shell’s crumbling infrastructure. These spills have rendered their land uninhabitable, poisoned their water, and left them unable to farm or fish. But Shell—because why accept responsibility when you can stall, deflect, and confuse—managed to string this case out for ten years, while thousands of people suffered, and many even died waiting for justice. read more
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Posted in: Africa, Big Oil, BlackRock, BlackRock Advisors UK, BlackRock Fund Advisors, Business ethics, Business Principles, Class-action, Environment, Fossil Fuels, GoogleNews, Human Rights, John Donovan, Leigh Day, Litigation, Nigeria, Oil, Oil Spill, Royal Dutch Shell Plc, Shell, Shell Business Principles, Shell PLC, Sin Stocks, Toxic contamination.
Tagged: Environment · Litigation · Nigeria · Oil · Royal Dutch Shell Plc · Shell
Shell CEO Cuts Jobs, But Don’t Worry—Shareholders Are Totally Thrilled While Employees Watch the Ship Sink
Posted by John Donovan: 11 Oct 2024
In today’s episode of “Corporate Greed Gone Wild,” Shell employees are shocked—shocked, I tell you—that their CEO, Wael Sawan, is gutting the company left, right, and centre, all to make a few extra bucks for their beloved shareholders. In an annual survey where employees got the rare chance to vent their frustrations without being immediately escorted out of the building, the results were exactly what you’d expect when a CEO slashes jobs like they’re going out of style. read more
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Posted in: BlackRock, BlackRock Advisors UK, BlackRock Fund Advisors, Bloomberg, Business ethics, Business Principles, Royal Dutch Shell Plc, Shell, Shell Job Cuts, Shell Leaked Emails, Shell PLC, Sin Stocks, Wael Sawan.
Tagged: Royal Dutch Shell Plc · Shell
Shell and ExxonMobil Throw Tantrum Over Dutch Gas Field Closure, Because Destroying Homes and Causing Earthquakes Just Isn’t Profitable Enough
In the latest episode of “Oil Giants Throw a Fit,” Shell and ExxonMobil, ever the champions of corporate compassion, are up in arms about—wait for it—the Dutch government having the audacity to shut down the gas field that’s been wrecking homes and sparking earthquakes. Yes, the Nederlandse Aardolie Maatschappij (NAM), the dynamic duo’s beloved 50/50 joint venture, is finally winding down after a humble 60 years of profiting from the Groningen gas field, the literal ground zero of Dutch seismic misery. And now, these poor multi-billion-dollar corporations are crying foul because they won’t be able to squeeze out every last drop of profit before their time is up. read more
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Posted in: Big Oil, BlackRock, Business ethics, Business Principles, Dutch, Exxon, Exxon Mobil, Fossil Fuels, Gas, GoogleNews, Groningen Earthquakes, Human Rights, Litigation, LNG, Netherlands, Royal Dutch Shell Plc, Shell PLC, Sin Stocks.
Tagged: Environment · ExxonMobil · Gas · Royal Dutch Shell Plc · Shell
11 Oct 2024
Ah, Shell. The world’s paragon of corporate virtue is at it again, tirelessly working in the interest of humanity—or at least, humanity’s wealthiest elite. The oil and gas behemoth, whose ecological footprint can only be measured in extinction events, is currently devastated by a ruling from a U.S. regulator. Apparently, they won’t get to comb through all the juicy internal documents of Venture Global LNG that Shell so graciously funded. It’s almost like the U.S. courts have this crazy thing called “rules” about what documents can be demanded. read more
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Posted in: Big Oil, BlackRock, BlackRock Advisors UK, BlackRock Fund Advisors, Business ethics, Business Principles, Gas, GoogleNews, Litigation, LNG, Royal Dutch Shell Plc, Shell, Shell PLC.
Tagged: Corrib Gas Project · Litigation · LNG · Royal Dutch Shell Plc · Shell
19 Oct 2024
Oh no! Poor Shell. The oil behemoth that never seems to stop polluting is now facing—wait for it—a drop in refining margins. Yes, you heard that right, the same company that has practically printed money from destroying the planet is now crying over a 30% profit drop in the third quarter. Let’s all shed a tear, shall we?
Shell’s latest pity party involves their refining margins dropping from $7.7 per barrel to a mere $5.5. Gasp! How ever will they survive? The demand for refined products is down because—get this—global economic activity is slowing. Apparently, even endless pollution and profits can’t outrun a little thing like competition and an oversupplied market. Refineries are popping up everywhere, which is really putting a damper on Shell’s ability to squeeze every last penny from its fossil-fueled empire. read more
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Posted in: Big Oil, BlackRock, BlackRock Advisors UK, BlackRock Fund Advisors, Business ethics, Business Principles, Climate Change, Environment, Fossil Fuels, Gas, GoogleNews, Greenpeace, Greenwash, Greenwashing, LNG, Oil, Oil Company Profits, Pollution, Royal Dutch Shell Plc, Shell Business Principles, Shell PLC, Shell Profit Warning, Sin Stocks, Vanguard Global Advisers LLC, Vanguard Group.
9 Oct 2024
Washington DC – Ah yes, Shell. The oil-soaked villain of the century, responsible for more destruction than we can count, is at it again—this time helping fuel Hurricane Helene, which claimed 227 lives across six states. No big deal, right? After all, it’s just another day in the office for Shell and its oily cronies, spewing profits while the planet burns.
According to a rapid analysis by World Weather Attribution, Helene’s deadly rampage has been supercharged by—wait for it—climate change! Who knew?! Well, Greenpeace sure did, and they’re calling out Big Oil for the catastrophic mess it’s created. Rolf Skar, Greenpeace USA National Campaigns Director, lays it out: read more
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Posted in: Big Oil, BP, Business ethics, Business Principles, Chevron, Climate Change, Conoco Phillips, Environment, Exxon, GoogleNews, Greenhouse gas, Greenpeace, Greenwashing, Litigation, Oil, Pollution, Royal Dutch Shell Plc, Shell PLC, Sin Stocks.
Tagged: BP · Chevron · Environment · ExxonMobil · Oil · Royal Dutch Shell Plc · Shell
Italian Prosecutors Convicted for Not Helping the Oil Giants Enough!
8 Oct 2024
Ah, Italy. Where corruption cases involving billion-dollar oil deals come with a side of courtroom theatrics, and now—get this—a slap on the wrist for prosecutors who didn’t help Shell and Eni get off easy enough. Yes, you read that right: Two Milan prosecutors were convicted and sentenced to eight months in prison because they failed to file documents that might have made the defense teams of these global pollution factories look better. What a heartwarming turn of events for corporate accountability. read more
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Posted in: Africa, Big Oil, Business ethics, Business Principles, Corruption, Eni, Environment, GoogleNews, Litigation, Nigeria, Oil, Royal Dutch Shell Plc, Shell, Shell PLC, Sin Stocks.
Tagged: Environment · Litigation · Nigeria · Royal Dutch Shell Plc · Shell
8 Oct 2024
In yet another jaw-dropping display of corporate acrobatics, Shell—the planet’s most prolific polluter with a conscience as black as the oil it spills—is back in court, twisting itself into legal knots to avoid responsibility for decimating Nigerian communities. This time, the British oil giant has managed to turn a simple quest for justice into an impossible scavenger hunt where the prize is… well, more injustice. Welcome to Shell’s sick new game: “Pin the Spill on the Disaster!” read more
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Posted in: Africa, ANDY ROWELL, Business ethics, Business Principles, Fossil Fuels, GoogleNews, Leigh Day, Litigation, Niger Delta, Nigeria, Oil, Oil Company Profits, Oil Spill, Pollution, Royal Dutch Shell Plc, Shell, Shell PLC, Sin Stocks.
Tagged: Corruption · Environment · Litigation · Nigeria · Oil · Royal Dutch Shell Plc · Shell