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Shell Canada’s SEEL Program Fund provides learning experiences beyond the classroom 0

Shell Canada’s SEEL Program Fund provides learning experiences beyond the classroom

Undergraduate students and representatives recognized at annual luncheon

By University Relations Staff: December 18, 2017

On Nov. 30, the University of Calgary hosted the 10th annual celebratory luncheon for a diverse group of students who participated in activities funded by the Shell Experiential Energy Learning (SEEL) Program.

Having just completed its 11th year, the SEEL Program at UCalgary provides funding to undergraduate students and groups for field trips, conferences, special projects and other activities focused on sustainable energy, environment and economy, with a priority placed on hands-on learning experiences. read more

A decisive step to a cleaner energy future

Chief Executive Officer at Shell

It’s time for Shell to accelerate its efforts in the transition to a lower-carbon world. This is how I plan to drive change through the company.

How will a future CEO of Shell judge what I have just announced? Will they look back to the end of 2017 and consider it a turning point? In 20 years? 30 years? If things move as I expect, they probably will.

By then, I believe Shell will be at least as profitable and successful as today but it will be a very different company.

We will still have plenty of oil and gas in our energy mix but other areas of the business, which are small today, will have grown. read more

Corbyn backs call for MPs’ pension fund to divest fossil fuels

John McDonnell and Jeremy Corbyn support Divest Parliament, a group trying to force the parliamentary pension fund to drop fossil fuel investments © AFP

, Chief Political Correspondent

The Labour leader and shadow chancellor have swung their support behind Divest Parliament, a group trying to force the Parliamentary Contributory Pension Fund to drop investments in fossil fuels, including a £5.6m stake in BP and £5m of shares in Royal Dutch Shell. FULL FT ARTICLE read more

U.S. oil majors fall behind on climate, European lead

Major European oil companies are making major efforts to reduce greenhouse gas emissions to fight climate change. American majors are dragging their behinds.

Royal Dutch Shell pledged Tuesday to slash carbon emission by 50 percent and boost investment in clean, renewable energy. CEO Ben van Beurden promised to spend at least $2 billion on on wind power, biofuels and electric cars, about the same amount it will spend on shale oil.

“It is making sure that the products within society have an overall lower carbon footprint,” Beurden told investors, according to the Guardian newspaper. “That is the long-term way of making sure our business remains a relevant business in the face of the energy transition.” read more

Only collaboration will solve the global warming puzzle

BEN VAN BEURDEN: 30 NOVEMBER 2017

The world has a puzzle to solve, a jigsaw with a spectacular number of pieces to place. If it can succeed it will win a priceless prize: it will achieve the goal of the Paris Agreement, to limit global warming to under 2C. It is the puzzle of the energy transition.

Piecing together a solution is going to be tricky and we at Shell have been trying to make progress as a company. We have a way forward now and I am going to share it with you. But first, the jigsaw. read more

Shell, to Cut Carbon Output, Will Be Less of an Oil Company

By Nov. 28, 2017

Bowing to pressure from shareholders and the Paris international climate accord, Royal Dutch Shell pledged on Tuesday to increase its investment in renewable fuels and to cut its carbon emissions in half by 2050.

Shell and other big oil companies have moved only sporadically over the last decade toward greater production of wind and solar energy. Now there are signs of a commitment to take climate change more seriously.

In comments to investors, Ben van Beurden, Shell’s chief executive, said that from 2018 to 2020, the company’s new-energies division would spend up to $2 billion a year on renewable energy sources like wind, solar and hydrogen power and on electric-car charging stations. read more

Shell doubles up on green spending and vows to halve carbon footprint

Anglo-Dutch giant to spend $2bn on wind power, biofuels and electric cars as it bows to shareholder pressure by setting new company climate change target 

Shell has doubled its spending on clean power and bowed to shareholder pressure by promising to halve the carbon footprint of the energy it sells by 2050, as the oil giant said it was stepping up its ambitions on green energy.

FULL ARTICLE

Shell signals return to pure cash dividend, focus on renewables

FILE PHOTO: Ben van Beurden, chief executive officer of Royal Dutch Shell, speaks during a news conference in Rio de Janeiro, Brazil, February 15, 2016. REUTERS/Sergio Moraes /File Photo

Ron Bousso: NOVEMBER 18, 2017

LONDON (Reuters) – Royal Dutch Shell (RDSa.L) will return to paying pure cash dividends and step up its investment in cleaner energy as it turns a corner after more than two years of cost cuts and disposals prompted by weak oil prices.

Shell Chief Executive Officer Ben van Beurden sought to strike a balance between reassuring investors it can increase returns in its core fossil fuel business during an “era of volatility” in oil prices while preparing to step up investments in renewables. read more

Shell Updates Company Strategy and Financial Outlook

NEWS PROVIDED BY: Royal Dutch Shell plc

THE HAGUE, Netherlands, November 28, 2017 /PRNewswire/ —

  • Scrip dividend programme to be cancelled with effect from the fourth quarter 2017 dividend
  • Annual organic free cash flow outlook increased to $25 to $30 billionby 2020, at $60 per barrel (real terms 2016)
  • Company sets ambition to reduce the net carbon footprint of its energy products in step with societys drive to align with the Paris Agreement goals

Royal Dutch Shell plc (Shell) (NYSE: RDS.A) (NYSE: RDS.B) Chief Executive Officer, Ben van Beurden, today updated investors on the company’s strategy, setting out plans to grow returns and free cash flow, and outlining its ambition to reduce the net carbon footprint of its energy products.

“Our next steps as we re-shape Shell into a world-class investment aim to ensure that our company can continue to thrive, not just in the short and medium term but for many decades to come,” said van Beurden. “These steps build on the foundations of Shell’s strong operational and financial performance, and my confidence in our strategy and our ability to deliver on the promises we make.” read more

Shell petrol stations to charge up electric cars in just five minutes

Shell has teamed up with Ionity, which is backed by major carmakers, to roll out high-speed charging across 80 of Shell’s biggest European petrol stations CREDIT: PETER BYRNE/PA

Jillian Ambrose: 

Royal Dutch Shell has accelerated its drive into the electric vehicle market by teaming up with Europe’s fastest charging network.

The collaboration with Ionity, which is backed by major carmakers, will roll out across 80 of Shell’s biggest European petrol stations to allow drivers of the latest generation of electric cars to charge up in as little as five to 10 minutes. read more

WSJ: Oil companies, automakers seek lifeline for internal combustion engine

Nov. 20, 2017 12:42 PM ET|By: , SA News Editor

Exxon Mobil (NYSE:XOM), BP, Royal Dutch Shell (RDS.A, RDS.B) and other oil companies are spending millions of dollars per year working with automakers including Ford (NYSE:F) and Fiat Chrysler (NYSE:FCAU) to improve the internal combustion engine and help it compete with electric vehicles, WSJreports.

The companies are hoping new, thinner lubricants will help squeeze even more efficiency out of traditional car engines, allowing them to comply with stricter environmental rules and remain relevant as new technologies such as zero-emission electric vehicles emerge. read more

Shell coffee collaboration brewing on biofuel to help power London buses

Oil giant Shell has announced that it is working in collaboration with bio-bean and the coffee drinkers of London to power some of the city’s buses.

The B20 biofuel is partly made from waste coffee grounds and has been added to the London bus fuel supply chain without any great need for vehicle modification.

The fuel provides a cleaner, sustainable energy solution which will lower bus emissions in the UK capitol.

The average Londoner drinks 2.3 cups of coffee a day, producing over 200,000cubic tonnes of waste a year, much of which would otherwise end in landfill with the potential to emit 126million kg of CO24.

Arthur Kay, bio-bean’s founder, said: “Our Coffee Logs have already become the fuel of choice for households looking for a high-performance, sustainable way to heat their homes – and now, with the support of Shell, bio-bean and Argent Energy have created thousands of litres of coffee-derived B20 biodiesel which will help power London buses for the first time. It’s a great example of what can be done when we start to reimagine waste as an untapped resource.” read more

Shift to Hydrogen Could Meet 20% of World Energy Needs by 2050

Shell, Statoil and BMW among companies urging support for fuel

Transition requires investment of up to $25 billion a year

The most abundant element may supply almost a fifth of global energy by 2050 and eliminate enough emissions to cancel out all the pollution in the U.S., according to a group of industrial companies from Royal Dutch Shell Plc to Toyota Motor Corp.

Fuel-cell vehicles running on hydrogen, extracted from water using wind and solar power, may be used to power everything from cars to factories, according to the Hydrogen Council, a group that also includes the German automaker BMW AG, the mining giant Anglo American Plc and the French energy company Engie SA. The group estimated hydrogen has the potential to reduce carbon dioxide emissions by about 6 gigatons a year, more than the 5.5 gigatons the U.S. released in 2016. read more

Shell Brazil looking for partnerships in new energy

Reuters Staff: NOVEMBER 13, 2017

RIO DE JANEIRO, Nov 13 (Reuters) – Royal Dutch Shell PLC’s Brazil chief said on Monday the company is seeking partnerships in new energy.

Shell Brazil Chief Executive Andre Araujo made the remarks at an event in Rio de Janeiro. (Reporting by Alexandra Alper, writing by Jake Spring; Editing by Alden Bentley)

SOURCE

Peak oil? Majors aren’t buying into the threat from renewables

Ernest Scheyder, Ron Bousso: NOVEMBER 8, 2017 HOUSTON/LONDON (Reuters) – Two decades ago, BP set out to transcend oil, adopting a sunburst logo to convey its plans to pour $8 billion over a decade into renewable technologies, even promising to power its gas stations with the sun.

That transformation – marketed as “Beyond Petroleum” – led to manufacturing solar panels in Australia, Spain and the United States and erecting wind farms in the United States and the Netherlands.

Today, BP (BP.L) might be more aptly branded “Back to Petroleum” after exiting or scaling back its renewable energy investments. Lower-cost Chinese components upended its solar panel business, which the firm shed in 2011. A year later, BP tried to sell its U.S. wind power business but couldn’t get a buyer. read more

Shell Gears Up For Peak Gasoline

By Jon LeSage – Nov 07, 2017, 3:00 PM CST

Royal Dutch Shell is hedging its bets over the next two decades with expectations that motor fuel consumption will be diminishing and other markets rising.

Since the oil price plummet it 2014, Shell has transitioned its business model over to refining oil, offering other refined oil products, and producing petrochemicals. The oil giant will produce well beyond gasoline to serve other growing economic sectors, and to offset the role EVs will play by the 2030s. read more

BP and Shell planning for catastrophic 5°C global warming despite publicly backing Paris Climate Agreement

Neither company sets targets to reduce emissions and BP’s total investment in renewable and clean technologies has actually shrunk since 2005, the report said Getty Images

Companies are trying to ‘have their oil and eat it’ by committing to 2°C in public while planning for much higher temerpature rises, says shareholder campaign group, ShareAction

Oil giants Shell and BP are planning for global temperatures to rise as much as 5°C by the middle of the century. The level is more than double the upper limit committed to by most countries in the world under the Paris Climate Agreement, which both companies publicly support.

The discrepancy demonstrates that the companies are keeping shareholders in the dark about the risks posed to their businesses by climate change, according to two new reports published by investment campaign group Share Action. Many climate scientists say that a temperature rise of 5°C would be catastrophic for the planet. read more

Clock ticking down on deadline for Shell Springboard entries

Written by

Entrants will be competing for a green cash pot containing £350,000, with the national winner to receive £150,000.

A further five regional winners will each get £40,000 of no-strings attached funding.

They will also be given access to academics and investors whose advice can help grow their enterprises.

The cut-off date for applications falls on November 6.

Former winners include Edinburgh-based tidal energy technology developer Nova Innovation. read more

Planning for a green future

Zhang Xinsheng, executive chairman of Shell Companies in China. [Photo provided to China Daily]

Editor’s Note:

The Communist Party of China has just concluded its 19th National Congress in Beijing. In the runup to the meeting, China Daily asked business leaders from major multinational companies for their views on economic developments here and the country’s global leadership role.

China Daily: 27 October 2017

Zhang Xinsheng is executive chairman of Shell Companies in China, a subsidiary of Royal Dutch Shell Plc, the global energy group.

How can China achieve stable and sustainable economic growth? read more

BP, Shell Put Oil Ahead of Earth, ESG Group Warns Investors

Oil giants focus excessively on fossil fuel production, a green advocacy group concluded, and urged investors to demand clear plans for controlling climate change.

Joe McGrath: October 25, 2017

Performance targets of energy companies Royal Dutch Shell and BP remain too heavily biased towards hydrocarbon production, a report has warned.

ShareAction — a U.K. charity that promotes environment, social, and governance-oriented investing — looked at BP and Shell’s greenhouse emissions management policies, asset portfolio resilience, corporate key performance indicators, executive incentive structures, and influences on public policy. The group concluded that the oil giants prioritize the production of fossil fuels, which could incentivize management behavior “misaligned” with shareholder interest, as defined by ShareAction. read more

Big Oil Is Investing Billions to Gain a Foothold in Clean Energy

The world’s biggest oil companies are closing more clean energy deals as pressure to diversify their businesses mounts and growth accelerates among green technologies.

Oil majors more than doubled the number of acquisitions, project investments and venture capital stakes, to 44 in 2016 from 21 the year before, according to research published Tuesday by Bloomberg New Energy Finance. In the last 15 years, they’ve completed 428 transactions and spent $6.2 billion building stakes in clean energy companies. read more

Shell has seen the future – and it’s several shades of green

Ben Van Beurden, chief executive officer of Royal Dutch Shell, sees a future dominated by gas and renewables, with gas the clear winner. Photo: Bloomberg

By Ben Marlow: 

If there is one subject that divides energy producers it’s the question of when oil demand will peak.

Indeed, it is such a controversial topic that some senior figures like Saudi Arabia’s Energy Minister, Khalid al-Falih, prefer not to discuss it at all.

He claims talk of peak demand is dangerous. It threatens to reduce vital investment, “compromising” energy security, al-Falih said earlier this year.

John Watson, boss of American oil giant Chevron, recently dismissed the idea of peak demand as “wishful thinking”. read more

Shell plans $1B/year toward electric vehicle charging, energy management

|By: , SA News Editor

  • Royal Dutch Shell (RDS.A, RDS.B) is working on developing new energy technologies such as smart electric vehicle charging and models to reduce customers’ energy use, says Mark Gainsborough, head of the company’s New Energies division.
  • Goldman Sachs has predicted that oil demand could peak as early as 2024 due to the rollout of electric vehicles and rising fuel prices, and Shell says it plans to invest up to $1B/year through the New Energies division by the end of the decade as it seeks to ramp up involvement in technologies that are changing the market.
  • Gainsborough says Shell already has started to provide fast-charging for electric vehicles at its gasoline stations and is working on developing “smart charging” to help even out demand on the electricity grid.
  • read more

    Shell explores electric vehicle charging, energy management businesses

    SEPTEMBER 28, 2017 / 8:20 AM

    AMSTERDAM, Sept 28 (Reuters) – Royal Dutch Shell is working on developing new energy technologies like ‘smart’ electric vehicle charging and models to reduce customers’ energy use, the head of the oil company’s new energies division is set to say on Thursday.

    Shell intends to invest up to $1 billion a year through its New Energies division by the end of the decade as the oil company adjusts to an energy market that is moving towards more electrification, decentralised energy use and cleaner fuels. read more

    Surging Diesel Demand Is Underpinning Crude Oil’s Bull Market

    Step aside OPEC, diesel is now driving up oil prices.

    With industrial activity surging worldwide, the fuel — known in the industry as ultra-low sulfur diesel or ULSD — is enjoying strong demand, accelerating total oil consumption growth in 2017 well above the 10-year average. 

    And just as demand rose faster than expected, diesel supply was hit, prompting a rapid tightening. First in Europe: the Pernis refinery, owned by Royal Dutch Shell Plc and considered one of the region’s diesel machines, suffered a fire in July and shut down for several weeks. And then in the U.S., where hurricane Harvey in late August temporarily knocked out a dozen refineries, disrupting both domestic supplies and distant export markets.

    “The oil market is currently driven by four letters: It’s ULSD, not OPEC,” said Olivier Jakob, managing director of consultant Petromatrix GmbH. read more

    It’s Not Just The CEO’s Car: Shell Converts Corporate Fleet To Plug-In Hybrids

    ,

    Shell CEO Ben van Beurden made headlines worldwide when he told an interviewer in July that his next car would be an electric vehicle, but he stopped short of a full disclosure: van Beurden’s new car is part of a company-wide conversion of the corporate fleet.

    Shell Technology Director Harry Brekelmans clarified this month that he too is getting a plug-in vehicle, though it’s a hybrid:

    “Indeed Ben’s next car is electrical, but what he also says time and again is that fossil fuels will remain a part of the energy mix for decades to come, so his next car’s a hybrid, not a full EV,” Brekelmans said in appearance at the Massachusetts Institute of Technology. “And I know because my next car also will be a hybrid, because we’re changing the corporate fleet.” read more

    Shell plans UK’s first ‘no-petrol’ station as journey towards clean motoring continues

    Jillian Ambrose: 

    Royal Dutch Shell is preparing to open Britain’s first “no-petrol” service station in the capital next year as part of its drive towards cleaner motoring.

    The forecourt is expected to offer motorists biofuels, electric vehicle charge points and hydrogen cell refuelling instead of traditional petrol and diesel pumps. Meanwhile, the buildings are due to be powered by ­renewable energy from solar panels on the forecourt roof.

    Sources close to the Anglo-Dutch oil giant told The Telegraph that a central London site had been chosen, but the project was still at a very early stage. A spokesman for Shell declined to comment. read more

    Economic storm on the horizon

    The rise of battery-powered cars threatens disaster for Houston’s oil and gas economy.

    Halfway around the globe, a storm is brewing that will pose a greater threat to our oil and gas industry than Hurricanes Harvey or Ike, or even a massive storm surge right up Houston Ship Channel.

    The danger: China wants to stop buying gasoline. Specifically, at an automotive conference in Tianjin, the nation’s vice minister of industry and information technology stated that the government is planning on a total phaseout of vehicles powered by fossil fuels. This announcement follows similar plans from Britain and France to ban sales of diesel and gasoline cars by 2040. That’s decades away, but the world is undeniably moving towards a future where the internal combustion engine is a thing of the past. read more

    Shell to Expand Presence in Asia and Alternative Fuel Market

    September 20, 2017, 01:35:00 PM EDT By Zacks Equity Research,

    Per Reuters, integrated oil and gas company, Royal Dutch Shell plc RDS.Aintends to increase its marketing operations in Asia region. The company’s effort to de-carbonize the energy system was reconfirmed as it targets to attain 20% of its global fuel station sales from electric vehicles recharging and fuels with a lower level of carbon by 2025.

    Expanding Asia Operations

    The oil major has 43,000 fuel stations in 80 countries and is now trying to reach the fuel markets of China and India, the two most populous countries in the world with high demand for energy. Shell is also eyeing the Indonesian fuel market. The company believes there will be continued growth in the Asian market over the next decade. read more

    Big Oil Becomes Greener With Cuts to Greenhouse Gas Pollution

    It’s no secret that oil majors are among the biggest corporate emitters of pollution. What may be surprising is that they’re reducing their greenhouse-gas footprints every year, actively participating in a trend that’s swept up most corporate behemoths.

    Sixty-two of the world’s 100 largest companies consistently cut their emissions on an annual basis between 2010 and 2015, with an overall 12 percent decline during that period, according to a report from Bloomberg New Energy Finance released ahead of its conference in London on Monday. read more

    Oil Majors Cut Greenhouse Gas Pollution

    By Foster Wong: 18 September 2017

    Big Oil had started fighting climate change before President Donald Trump took office read more

    Shell Sees Opportunity in Clean Hydrogen Production

    A large hydrogen plant could be a step toward a clean energy future.

    Travis Hoium (TMFFlushDraw) Sep 13, 2017 at 7:06AM The dream for those of us following renewable energy is to someday be able to produce 100% of the world’s energy from renewable sources. Wind and solar power could easily provide enough energy to replace every power plant and barrel of oil in the world, if only there were a cheap, easy way to store it. Batteries are expensive and chemically intensive, so hydrogen was always seen as a top-option for long-term energy storage.

    Royal Dutch Shell (NYSE:RDS-A) (NYSE:RDS-B) and ITM Power (NASDAQOTH: ITMPF) may have taken a small step toward building a hydrogen-fueled renewable future earlier this month by announcing a 10-megawatt  electrolyzer complex in Germany that will supply hydrogen to its refining plant. The hydrogen could also be used to help balance the grid or be sold to customers for their own uses.

    A big deal for hydrogen

    Hydrogen has incredible potential to disrupt the energy industry, but it has been rendered all but obsolete in most of the auto industry, pushed aside in favor of rapidly improving batteries. There’s no point in building a hydrogen vehicleor the necessary infrastructure if batteries can charge quickly and are cost-effective. read more

    Shell Targets Alternative Fuel Stations

    By Tsvetana Paraskova – Sep 12, 2017, 12:30 PM CDT

    Shell—one of the oil majors that is increasingly betting on natural gas and low-carbon fuels—is targeting 20 percent of its global fuel station sales to come from electric vehicles recharging and low-carbon fuels by 2025, John Abbott, Downstream Director at Shell, told Reuters in an interview published on Tuesday.

    While Shell plans to expand fuel stations in China, India, and Mexico—where it sees growth in this market over the next decade—it would continue to focus on meeting demand for cars running on fuels alternative to gasoline and diesel, Abbott said. read more

    Shell’s defence of big oil is too hopeful

    September 11, 2017, 11:40:00 AM EDT By Reuters

    By Andy Critchlow

    LONDON, Sept 11 (Reuters Breakingviews) – Royal Dutch Shell, looking deeply into its crystal ball, sees a future that’s still heavily dependent on oil. The Anglo-Dutch giant expects crude will continue to play a major role in global energy supply for decades, even in its less oil-friendly scenario. That optimism goes someway to justifying the billions of dollars it continues to invest in exploiting new reserves and expanding its fuel network. But it’s also a view that may place too much faith in the combustion engine – and China staying with its current strategy. read more

    General Motors, Disney, Shell and 1,200 other companies are taking steps to fight climate change, report says

    September 12 at 12:01 AM

    More than 1,200 global businesses, including U.S. companies such as Disney, Shell and General Motors, are moving to embrace a carbon price — even if President Trump isn’t, according to a new report by a Washington climate think tank.

    While the president has suggested that tackling climate change will undermine the economy and hamstring  businesses, chief executives have been busy voluntarily putting a price on their own carbon dioxide emissions. read more

    Shell Retail Looks to the Future With Car Charging, Clean Fuels

    A Mirai hydrogen fuel powered automobile, manufactured by Toyota Motor Corp., sits on the forecourt at Royal Dutch Shell Plc’s first U.K. hydrogen refueling station in Cobham, U.K., on Wednesday, Feb. 22, 2017. Shell, crafting a strategy to wean itself off oil, is expanding its operations in the refueling market for hydrogen cars. Photographer: Chris Ratcliffe/Bloomberg Rakteem Katakey, Javier Blas: BloombergSeptember 11, 2017

    Royal Dutch Shell Plc wants 20 percent of income from its retail forecourts to come from vehicles that don’t burn diesel or gasoline, as the company anticipates an accelerating transition to clean energy over the coming decade. 

    Shell set up its first hydrogen refueling station in the U.K. earlier this year and will install its first electric car charging point later this month, said John Abbott, the top executive of its downstream business, which includes refining, marketing, retail, trading and chemicals. By 2025, he expects these new operations supplying cleaner fuels, including natural gas, to make up a fifth of retail earnings. read more

    Shell’s long view

    By Ed Crooks: Sunday September 10, 2017

    Royal Dutch Shell this week set out its views on the outlook over the next few decades, in presentations to investors in New York and London. Shell has been thinking deeply for decades about how to model the future. The scenarios it sets out are more explicit about the uncertainties involved than other projections, which sometimes seem to imply that we can be confident oil consumption in 2040 will be 110.8m barrels per day, or with other overly precise figures. read more

    Global shockwaves from electric cars will be here sooner rather than later

    Shift in power. Illustration: David Simonds/Observer

    Governments, the oil industry and car makers are waking up to the profound changes battery-powered cars will bring

    Sunday 10 September 2017

    Last week, Shell argued that the fuel savings from the efficiency improvements in internal combustion engines would outweigh those from electric vehicles threefold. The Anglo-Dutch company believes oil demand will not peak until the mid-2030s, despite expecting electric and plug-in hybrids cars to make up 35% of new car sales by then, up from 1% now. “To come radically earlier than the early 2030s [peak oil demand], there has to somehow be a demand change, and it’s not going to come from electric cars,” said Guy Outen, Shell’s executive vice-president of strategy and portfolio. But the company’s actions may tell a different story… FULL ARTICLE read more

    Shell criticises proposed future bans of non-electric cars

    by: Andrew Ward, Energy Editor: 8 Sept 2017

    A ban on petrol and diesel vehicles would be counterproductive if it undermines the development of more fuel-efficient engines, Royal Dutch Shell has said, while urging policymakers to let markets determine the best way to tackle climate change. Guy Outen, head of strategy for Shell, said the Anglo-Dutch oil and gas group supported those aims but said governments should not “pick winners” among green technologies.
    Shell’s argument will be seen by many as self-serving… FT ARTICLE read more

    Shell Expects Australia Gas Shortage to Trigger Export Restriction

    The world’s second-biggest liquefied natural gas exporting nation will probably curb shipments next year to avoid a domestic shortfall of the fuel, according to the Australian head of Royal Dutch Shell Plc.

    The Australian Energy Market Operator will probably declare a shortage for eastern states in the next two to four weeks, Shell Australia Chairwoman Zoe Yujnovich said at a Bloomberg event Wednesday in Sydney. That would trigger the country’s domestic gas security mechanism, a policy announced in June that could limit LNG exports from plants that draw more gas from local markets than they supply. read more

    Shell Invests to Boost Global Gas Demand

    Europe’s biggest energy company is investing in projects to boost global gas demand and aims to continue feeding the market it’s nurturing with new liquefied natural gas export plants.

    Royal Dutch Shell Plc is supporting the development of gas use in heavy transport such as shipping and is also helping smaller and less credit worthy customers begin importing LNG, Maarten Wetselaar, the company’s director of integrated gas and new energies, said at an event at Bloomberg’s Sydney office Wednesday. As new LNG customers enter the market, that will open a window for Shell and others to develop new low-cost export plants. read more

    Shell’s Ben van Beurden: Oil vs Uber in the battle of reputations

    In a throwaway comment, Ben van Beurden found himself front and centre on the national media’s radar. “It wasn’t a planned remark, it just came out,” he said.

    Written by

    But it wasn’t oil price, or strategy that landed him prime time interviews.

    Instead, it was the comment that his next car would be electric.

    “It wasn’t a planned remark, it just came out,” he said.

    “But it shows how charismatic renewables and electricity is at the moment, much more charismatic than gas and definitely much more charismatic than oil.”

    A perception that oil and gas have a shrinking role to play is one the industry needs to address head-on. read more

    INTERVIEW-Electric cars and renewables not enough to meet Paris climate goal – consultant

    Despite the rise in renewable energy, it is gas that will overtake oil as the world’s biggest energy source by 2034… This thinking underpinned, for example, Royal Dutch Shell’s $54 billion takeover of BG Group last year.

    * World will miss Paris target under current projections

    * Energy demand seen peaking around 2030

    * Electricity output to rise 140 pct by 2050 

    * Gas to overtake oil as main energy source by 2034

    By Karolin Schaps

    ARNHEM, The Netherlands, Sept 5 (Reuters) – The cost of electric vehicles (EVs) will fall to match those running on combustion engines by 2022, a key trigger that will mean by 2035 half of all passenger vehicles sold globally will be electric, according to the head of a top energy consultancy. read more

    Big Oil to be usurped by gas in little more than a decade, experts warn

    Jillian Ambrose: 

    THE dominance of Big Oil will be usurped in less than two decades by the dawn of a golden age for natural gas lasting at least until the middle of the century.

    One of the world’s biggest risk assurance experts in the global energy ­industry has predicted that gas will emerge as the world’s most important source of energy by the mid 2030s ­after a slow descent for oil which will peak within ten years and the ongoing decline of coal. read more

    Is it game over for BP plc and Royal Dutch Shell plc?

    By  1 Sep 2017, 18:12 Do you drive an electric car? For most of you the answer will be a resounding NO. Do you think more people should drive electric vehicles to help protect the environment? I’m guessing the answer will be an emphatic YES. And therein lies the problem.

    The end is nigh?

    I’m sure most drivers stuck on the world’s largest car park, the M25, would agree that more people should use public transport. But few are prepared to make the change themselves. I think by now you’re probably getting my point. Most of us want to live in a better world, but we look to others to make the necessary sacrifices.

    It’s for this reason that I don’t believe the end is nigh for fossil fuels. That really matters to companies like  and Royal Dutch Shell. In fact I’ve been listening to experts harping on about the end of our reliance on fossil fuels ever since I was a child. And believe me, that was a very long time ago. read more

    Shell to build world’s largest hydrogen plant of its kind in Germany

    Written by

    The project, with ITM Power, will take shape at the Wesseling site of the Rhineland refinery.

    With a capacity of ten megawatts, it would be the largest plant of its kind in Germany and the largest PEM (polymer electrolyte membrane) electrolysis in the world.

    In addition to the production of hydrogen, the technology could also contribute to the stabilization of the electricity grid with an increasing share of irregularly available renewable energies in the energy mix. read more

    What You Missed in Royal Dutch Shell plc’s Quarterly Report

    Global energy giant Royal Dutch Shell hinted at how one number, over time, could change the future of the company

    Reuben Gregg Brewer: (TMFReubenGBrewer): Sep 1, 2017 at 9:16AM Royal Dutch Shell plc (NYSE:RDS-A) (NYSE:RDS-B) is one of the world’s largest integrated oil majors. It competes with the likes of ExxonMobil, Chevron, and Total. It recently doubled down on the energy business with a $50 billion acquisition. But while it’s working to pay off the debt it took on to get that deal done, CEO Ben van Beurden made an interesting statement about the future that you may have missed in the numbers of Shell’s quarterly report.

    What Shell looks like now

    There’s no question about how Royal Dutch Shell makes money. It is one of the world’s largest oil and natural gas drillers, with a large footprint in liquified natural gas. Oil and gas have been the driving force, broadly speaking, throughout all of the company’s over 100-years of existence. Investor questions generally focus on what management is doing to support and grow its core operations.

    In the first half of the year that included capital spending of roughly $11.5 billion. The goal for the year is for capital spending of between $25 and $30 billion. Right now management expects to be toward the low-end of that range. That range, meanwhile, is the goal every year from now until 2020. read more

    Big Oil Follows Silicon Valley Into Backing Green Energy Firms

    Oil majors quietly investing into new technology start-ups

    ‘Disruptive power’ from small companies prompts Shell to move

    Major oil companies are joining Silicon Valley in backing energy-technology start-ups, a signal that that those with the deepest pockets in the industry are casting around for a new strategy.

    From Royal Dutch Shell Plc to Total SA and Exxon Mobil Corp., the biggest investor-owned oil companies are dribbling money into ventures probing the edge of energy technologies. The investments go beyond wind and solar power into projects that improve electricity grids and brew new fuels from renewable resources. read more

    Shell and Exxon face censure over claim gas was ‘cleanest fossil fuel’

    The Dutch advertising watchdog will on Tuesday censure Shell and Exxon for claiming that natural gas was “the cleanest of all fossil fuels” in an advert earlier this year. It will be the second time this summer that the Netherlands advertising standards board has ruled against the fossil fuels industry… FULL ARTICLE 

    Shell Prepares For A Different Energy Reality

    : 14 August 2017

    Summary

    • This summer has seen the governments of several of the world’s major economies propose to eliminate internal combustion engine vehicles over the next 10-30 years.
    • At the same time, Royal Dutch Shell announced several major clean energy investments over the summer in anticipation of a drop-off in petroleum demand.
    • This article looks at how Shell’s clean energy investments fit into its energy profile forecasts compared to its peers.

    This summer has been filled with the sort of headlines that can give strategic planners in the petroleum & gas sector heartburn. One-upping Germany’s earlier non-binding pledge to ban new internal combustion engine [ICE] vehicles by 2030, the government of France’s new centrist president Emmanuel Macron announced in early July that the country will end sales of ICE vehicles by 2040. This move, which is part of that country’s efforts to comply with its greenhouse gas emission reduction target under 2015’s Paris Climate Agreement, would eliminate gasoline- and diesel-only engines and is aimed at reducing the country’s air pollution as it is at mitigating climate change. Britain intends to do the same by 2050. Even China and India, which have long been posited as important future sources of petroleum demand, are moving to electrify their vehicle fleets: China recently announced that it wants 25% of the country’s vehicles to be “alternative fuel” by 2025, while India is drafting plans to electrify all of its vehicles by 2030. read more

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