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January 7th, 2022:

Oil giant Shell returns $5.5bn to shareholders as profits rise after it cashes in on rising gas prices

This is Money

Oil giant Shell returns $5.5bn to shareholders as profits rise after it cashes in on rising gas prices

  • Profits at its gas trading division to be ‘significantly higher’ in the last quarter 
  • It will return remaining $5.5bn proceeds from the sale of its US shale business 
  • Shell due to report its results on 3 February, days before Ofgem announcement 

Royal Dutch Shell expects profits at its gas trading division to be ‘significantly higher’ in the last quarter of 2021 as it cashes in on rising prices.

The oil giant also said it would go ahead with its plan to return $5.5billion to shareholders through share buybacks after the sale of its US shale business. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Outrage as Shell announces ‘nauseating’ $5.5billion payout to shareholders

The Sun

Outrage as Shell announces ‘nauseating’ $5.5billion payout to shareholders amid cost of living crisis

FUEL giant and energy firm Shell has come under fire from experts for announcing a $5.5billion pay out to shareholders amid a growing cost of living crisis.

It comes as record wholesale gas prices and supply chain issues have put household finances under pressure, pushing up energy bills and petrol costs.

It means households have been plunged into a cost of living crisis in recent months – but Shell’s shareholders are set for a $5.5billion pay day. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Alarm Bells Still Ringing About Shell Prelude

By John Donovan

Printed below in italics is the content of an email sent earlier today to the Australian National Offshore Petroleum and Environmental Management Authority (NOPSEMA) by Bill Campbell, a retired senior Shell HSE expert and long-term Shell shareholder. Bill led Health, Safety and Environmental Audits for Shell worldwide. His credentials to comment on such specialist issues are impeccable.

Bill’s email to NOPSEMA is about an article published days ago by the Brisbane Times under the headline: Shell’s Prelude gas vessel faced ‘catastrophic failure’ from power outage. It was authored by a tenacious energy journalist Peter Milne who has been responsible for a series of revealing articles in recent years about the $24b Prelude vessel. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shockingly poor broadband service and even worse customer service. Unethical. A complete disgrace.

07 Jan 2022

The content below is sourced from current customer reviews of Shell Energy Broadband published on Trustpilot.

Not even worth one star

The worst I’ve ever seen. Wifi drops and won’t reconnect for up to an hour (so far) no matter what I do, you have to stand next to the router for a strong connection, calls made with wifi drop randomly and either don’t reconnect or reconnect and are then patchy and bad quality and you can’t use it for games or calls if another person in the house is doing the same. Absolutely terrible company and I’d advise anyone who’s thinking about getting with them to look literally anywhere else. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Trustpilot verdict on Shell Energy: Utterly incompetent, Utter shambles

07 Jan 2022

The content below is sourced from current customer reviews of Shell Energy published on Trustpilot.

“DO NOT switch to Shell Energy under any circumstances. They miss-sell their products and service; they clearly don’t honour the deals that they sell. They are woefully incompetent, not friendly, not helpful, certainly not professional.”

Utterly incompetent

Utterly incompetent worse than Green energy who went bust, now lumbered with this useless company who dont have a clue, and refuse to give readings information against the regulators code of buisness. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Avoid Shell Energy Slowband at all costs

Shell Energy Broadband Reviews recently posted on broadband.co.uk

“Unbelievably awful. Left without WiFi now for several days”

Reviewer s rashbrooke: Location – Tiverton: Date 2021-12-31

Comments

DREADFUL company, apparently switched by Uswitch, loads of agro as when I moved to my new property there was no landline & cottage needed rewire & refurb. This meant that shell could not & did not supply any service. Since then Ive been hounded for connection fees. Now with the Ombudsman. In my opinion this company is beyond belief in their lack of customer service. Advice dont touch. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Energy crisis drives Shell’s gas profits ‘significantly higher’

The Telegraph

Energy crisis drives Shell’s gas profits ‘significantly higher’

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Gas crisis could leave Shell CEO Ben van Beurden hot under the collar

EVENING STANDARD

City comment: Gas crisis could leave Shell CEO Ben van Beurden hot under the collar

 By Oscar Williams-Grut City Editor: 7 Jan 2022

John F Kennedy once said: “In a crisis, be aware of the danger — but recognise the opportunity.”

For Shell CEO Ben van Beurden and his colleagues, the opposite might be true: when grasping opportunity, be aware of the danger.

The oil major today told investors that profits from its gas trading business were set to be “significantly higher” thanks to surging prices. In the same update, Shell announced plans to return another $5.5 billion to investors through a buyback. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell benefits from energy crisis as soaring gas prices lift profits

The Guardian

Shell benefits from energy crisis as soaring gas prices lift profits

Mark Sweney: Fri 7 Jan 2022 12.48 GMT

Shell expects a significant boost in profits in its natural gas division, thanks to soaring prices, when it reports its latest results next month, as the oil and gas company said investors would benefit from the continuation “at pace” of its $7bn share buyback scheme this year.

Shell, the world’s largest producer and trader of liquified natural gas, expects trading results at its integrated gas business in the fourth quarter to be “significantly higher” year on year as the rocketing price of gas outweighs a drop in production volume because of unplanned maintenance works. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Pursues $7 Billion Buyback ‘At Pace’ Despite LNG Troubles

Reuters

Shell Pursues $7 Billion Buyback ‘At Pace’ Despite LNG Troubles

“Shell will later this month move its head office from The Hague to London, scrap its dual share structure and change its name to Shell Plc as part of a plan to simplify its structure and shift its tax residence from the Netherlands.”: “Shell said that its production and liquefaction volumes were impacted in the fourth quarter by unplanned maintenance, mainly in Australia, where its giant Prelude floating LNG vessel was hit by a power outage.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Exclusive-Shell’s Nigerian oil assets attract interest from local firms, sources say

Reuters

Exclusive-Shell’s Nigerian oil assets attract interest from local firms, sources say

Thu, 6 January 2022, 12:51 pm

LONDON (Reuters) – At least five Nigerian oil and gas companies are preparing to submit bids this month for Royal Dutch Shell’s onshore oilfields in a sale that could fetch up to $3 billion, three sources involved in the process told Reuters.

Shell started talks with the Nigerian government last year about selling its stake in the West African country’s onshore fields, where it has been active since the 1930s, as part of a global drive to reduce its carbon emissions. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell fourth quarter 2021 update note

GlobeNewswire

Shell fourth quarter 2021 update note

| Source: Shell International B.V.

The following is an update to the fourth quarter 2021 outlook. Impacts presented may vary from the actual results and are subject to finalisation of the fourth quarter 2021 results, published on February 3, 2022. Unless otherwise indicated, all outlook statements exclude identified items.

The remaining $5.5 billion of proceeds from the Permian divestment will be distributed in the form of share buybacks at pace. This decision was taken on December 31, 2021, at the first Board meeting held in the UK following the decision to implement the simplification of the company’s share structure. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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