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July 29, 2021
ROYAL DUTCH SHELL PLC PUBLISHES SECOND QUARTER 2021 PRESS RELEASE The Hague, July 29, 2021 "We are stepping up our shareholder distributions today, increasing dividends and starting share buybacks, while we continue to invest for the future of energy. The quality of Shell’s operational and financial delivery and strengthened balance sheet have given the Board confidence to rebase the dividend per share from Q2 2021 onwards to 24 US cents. We are also launching $2 billion of share buybacks, w...
July 29, 2021
Note A different currency election date may apply to shareholders holding shares in a securities account with a bank or financial institution ultimately holding through Euroclear Nederland. This may also apply to other shareholders who do not hold their shares either directly on the Register of Members or in the corporate sponsored nominee arrangement. Shareholders can contact their broker, financial intermediary, bank or financial institution for the election deadline that applies. Taxation - ...
July 29, 2021
Shell announces commencement of share buybacks July 29, 2021 Royal Dutch Shell plc (the ‘company’) today announces the commencement of share buybacks as part of its move to the next phase of its capital allocation framework, which includes shareholder distributions in a range of 20-30% of CFFO. The company has entered into an irrevocable, non-discretionary arrangement with a broker to enable the purchase of A ordinary shares and/or B ordinary shares for a period up to and including December...
June 29, 2021
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June 27, 2021
The Insurgency Against Big Oil The Insurgency Against Big Oil While Australian politicians languish in a world blotched by climate change scepticism and fossil fuel love-ins, global oil and gas companies have been shaken. Three titans of oil fame – Shell, ExxonMobil and Chevron – faced a range of decisions in May that promise to dramatically shape their future operations. The point is not negligible, given that this triarchy produced, between 1988 and 2015, 5% of total global scope 1 an...
June 25, 2021
While Australian politicians languish in a world blotched by climate change scepticism and fossil fuel love-ins, global oil and gas companies have been shaken. Three titans of oil fame – Shell, ExxonMobil and Chevron – faced a range of decisions in May that promise to dramatically shape their future operations. The point is not negligible, given that this triarchy produced, between 1988 and 2015, 5% of total global scope 1 and 3 emissions. Royal Dutch Shell was the first giant humbled by a ...
June 12, 2021
Global Regenerated Catalyst Market Key Players, Business Approaches And Geographical Analysis Amid COVID-19 Pandemic The report on “Regenerated
June 2, 2021
Shell Sells Alabama Refinery To Vertex Energy Houston, TX /PRNewswire/ - Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP, subsidiaries of Royal Dutch Shell plc (Shell), have reached an agreement for the sale of the Mobile Chemical LP Refinery in Mobile, AL, to Vertex Energy Operating LLC (Vertex Energy). Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products. The divestmen...
June 1, 2021
Milieudefensie, the Court put particular emphasis on the “ policy-setting influence RDS has over the companies in the Shell group” in ordering that an “obligation of results” (i.e. to reduce direct emissions) extended also to the Shell Group. It remains to be seen whether climate change lawyers will seek to bring to cases based on a ‘standard of care’ with respect to climate change in other jurisdictions. However, the Court’s judgment extends even beyond t...
May 29, 2021
A new book reveals the extent to which the oil company played a key role in Hitler’s war effort