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April 7th, 2022:

Shell broadband never worked & terrible customer service

7 APRIL 2022

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

Broadband never worked & terrible customer service

My broadband got bought by shell from the post office. When they made the switch it has never worked since, despite me calling them countless times. It takes an hour at least on hold to wait for someone to answer. I have had enough and want to cancel my contract and I’m struggling to get she’ll to pick up the phone and speak to me. Terrible service 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 says it expects to lose up to $5 billion for pulling out of Russia.

The New York Times

Shell says it expects to lose up to $5 billion for pulling out of Russia.

In an update to investors, the oil company projected a huge financial hit from its exposure to Russia.

Marie Solis and : April 7, 2022, 8:09 a.m. ET

The British oil giant Shell said on Thursday that its decision to pull out of its projects in Russia will slash its quarterly profit by $4 billion to $5 billion.

The estimate, detailed in an update to Shell shareholders, is among the largest publicly announced financial hits by any of the hundreds of companies that have curtailed their operations in Russia or withdrawn entirely since its invasion of Ukraine. 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 says Russia exit has already cost $5 billion

Shell says Russia exit has already cost $5 billion

LONDON (AP) — Shell says its decision to pull out of Russia in response to the country’s invasion of Ukraine has already cost the international energy giant as much as $5 billion.

The reduced value of Russian assets, credit losses and “onerous” contract terms will cut earnings for the first three months of the year by between $4 billion and $5 billion, London-based Shell said Thursday. The estimate was part of an update released before publication of complete first-quarter earnings on May 5. 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 Energy, probably one of the worst broadband providers on the planet

7 APRIL 2022

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

Probably one of the worst on the planet.

On transferring from The Post Office to ShellEnergy Broadband on 20th Feb’22 I immediately lost the ability to receive phone calls. All attempts to make contact via phone, email and on line chat (not available) failed to get any response so several days later, I decided to migrate elsewhere. which was scheduled for 4th March’22 but delayed until 7th March’22. Openreach finally managed to get my phone line working on 9th March’22. Once this happened, I made one final attempt to contact via The Post Office which resulted in a phone conversation with a Shellenergy agent who confirmed that I would not be required to pay any early termination charge and that I would not be required to return my router. I then received a letter from ShellEnergy asking for the router to be returned without any means as to how or where to send it. 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.

Oil major Shell to write off up to $5 billion in assets after exiting Russia

CNBC

Oil major Shell to write off up to $5 billion in assets after exiting Russia

Elliot Smith@ELLIOTSMITHCNBC

Shell has announced that it will write off between $4 and $5 billion in the value of its assets after pulling out of Russia following the country’s unprecedented invasion of Ukraine.

Thursday’s announcement offers a first glimpse at the potential financial impact to Western oil majors of exiting Russia.

“For the first quarter 2022 results, the post-tax impact from impairment of non-current assets and additional charges (e.g. write-downs of receivable, expected credit losses, and onerous contracts) relating to Russia activities are expected to be $4 to $5 billion,” Shell said in a statement Thursday.

“These charges are expected to be identified and therefore will not impact Adjusted Earnings.”

Further details of the impact of ongoing developments in Ukraine will be set out in Shell’s first-quarter earnings report on May 5, the company said.

Shell was forced to apologize on March 8 for buying a heavily discounted consignment of Russian oil two weeks after Russia’s invasion. It subsequently announced that it was withdrawing from its involvement in all Russian hydrocarbons. 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.

Quitting Russia is set to cost oil giant Shell up to $5bn

Guardian

Quitting Russia is set to cost oil giant Shell up to $5bn

Quitting Russia is set to cost oil giant Shell up to $5bn, but the surge in oil prices will cushion the blow.

Shell reported this morning that it will write off between $4bn and $5bn (£3bn-£3.8bn) post-tax in asset values after deciding to exit Russia following the invasion of Ukraine.

The bill covers the “impairment of non-current assets” and additional charges such as writing down debts owed by customers and credit losses. 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, Mitsubishi wind power consortium to produce ‘green hydrogen’ -Yomiuri

Shell, Mitsubishi wind power consortium to produce ‘green hydrogen’ -Yomiuri

By Syndicated Content: Apr 6, 2022 | 10:09 PM TOKYO (Reuters) – Japan’s Mitsubishi Corp and Shell Plc aim to produce 400,000 tonnes of “green hydrogen” in 2030 through the companies’ European offshore wind power project, the Yomiuri newspaper reported on Thursday.

Dutch renewable energy firm Eneco, owned by Mitsubishi and Japan’s Chubu Electric Power Co, has decided to invest 10% in a joint venture that includes Shell, Norway’s Equinor and others, for the project, the paper said.

The hydrogen would be produced through wind power instead of natural gas in a bid to reduce the fuel’s carbon footprint, the Yomiuri said.

($1 = 123.6800 yen)

(Reporting by Kantaro Komiya; Editing by Chang-Ran Kim) 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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