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Shell AGM - Securing the comforts of the present generation at the expense of the next

Shell AGM – Securing the comforts of the present generation at the expense of the next

Last week I headed home from the Netherlands, crossing the North Sea from the delta of the Rhine to the delta of the Thames, after having attended the Shell AGM in Den Haag with friends and allies from Greenpeace, ShareAction, Observatorio Petrolero Sur, Milieudefensie and Global Witness. This year’s Shell AGM was a quieter affair...
Stolen dreams and the small people - BP, Russia & Deepwater Horizon

Stolen dreams and the small people – BP, Russia & Deepwater Horizon

I’d wanted to to attend the BP AGM, but confined to my sick bed I had to make do with following it online. Watching the company webcast, reading the transcripts of the speeches and, most vitally, following the brilliant live-tweets of my colleagues Louise Rouse of ShareAction and Charlie Kronick of Greenpeace UK. In part...

Shell’s new direction needs to address Arctic investor risk and Niger Delta clean up

Thurs 13th March 2014 ** For immediate release ** Commenting on today’s Shell Management Meeting where CEO Ben van Beurden sets out new directions for the company, Sarah Shoraka, an oil and human rights campaigner from Platform said: Shell’s profit warning in January was exactly a decade on from the Shell Reserves Scandal of 2004....
Frozen Future: Shell's ongoing gamble in the US Arctic

Frozen Future: Shell’s ongoing gamble in the US Arctic

Royal Dutch Shell stands at a strategic crossroads. Its response to the reserves scandal in 2004 has been a global reserves replacement hunt through a programme of relentless capital expenditure, including an investment in US Arctic Ocean leases in the mid-2000s that dwarfed other companies’ spending. Shell’s US offshore Arctic plans have been a failure...

Shell shareholders urged to force Arctic retreat

In the wake of plummeting profits, spiralling exploration costs and increasing scepticism among other oil majors about commercial prospects in the US Arctic, pension savers across the UK are urging Shell shareholders to call on the company to abandon plans for high-cost, high-risk drilling projects in the US Arctic Ocean. The project is a shareholder...
Drilling the pre-salt - is Brazil still a "land of opportunity" for BP and Shell?

Drilling the pre-salt – is Brazil still a “land of opportunity” for BP and Shell?

We are just days away from the fourth anniversary of BP’s announcement in 2010 that it was boldly going into the Brazilian offshore oil province, known in the industry as the ‘pre-salt’. Tony Hayward, BP CEO at the time proclaimed: “This strategic opportunity fits well with BP’s operating strengths and key interests around the world,...
Shell cancels 2014 Arctic drilling - Arctic Ocean & Inupiat rights reality check

Shell cancels 2014 Arctic drilling – Arctic Ocean & Inupiat rights reality check

Today Shell announced it was canceling its 2014 drilling in the Alaskan Arctic. This is a guest blog by Faith Gemmill, Executive Director of Resisting Environmental Destruction on Indigenous Lands (REDOIL), on the court decision that forced Shell’s hand, and the Indigenous rights context behind it. Last week the Court of Appeals for the Ninth Circuit...
Court rules against Alaska Arctic drilling

Court rules against Alaska Arctic drilling

Yesterday a coalition of Alaska Native and environmental groups won against Arctic oil drilling in a Court of Appeals in the US. The Court ruled that the US government sold leases in the Chukchi Sea in 2008 illegally. Here’s a quick review of the history of the case and what the decision might mean. What...
As Shell issues profit warning, new CEO needs a change of Arctic direction

As Shell issues profit warning, new CEO needs a change of Arctic direction

At 07.00 this morning Shell issued a profit warning. Just twelve working days since taking up his post as new CEO of Shell, Ben van Beurden has had to say “Our 2013 performance was not what I expect from Shell”. The company made $27.2bn in 2012, it looks likely to make only $16.8bn in 2013 – this...
The Arctic in New York - shareholders scrutinise Shell’s next move

The Arctic in New York – shareholders scrutinise Shell’s next move

Mika Minio-Paluello, Anna Galkina and James Marriott travelled in North America as part of a tour over September and October to promote The Oil Road – Journeys from the Caspian to the City of London. The eighth of a series of blogs on the journey comes from New York… It was Maurice Bridgeman who really...
Gazprom polar bear ‘gift’ seeks to gloss over the reality of Arctic drilling

Gazprom polar bear ‘gift’ seeks to gloss over the reality of Arctic drilling

NB This blog post was part of an internet hoax instigated by Greenpeace and The Yes Men. You can read more about it here. Check out this ‘video news release’ from the giant Russian energy  company Gazprom, celebrating its new partnership with Shell to drill for  oil in the Arctic. The bear in the film...

Greenpeace sounds alarm on oil groups after sinking of platform, featuring our report ‘Russian Roulette’

Guy Chazan. Piece made homepage of FT website