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May 26th, 2017:

Saudi Aramco to spend $18 billion on growth in the Americas: Motiva

FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/File Photo

Saudi Aramco plans to spend $18 billion in the next five years to expand its operations in the Americas, focusing on its U.S. oil refining subsidiary Motiva Enterprises, Motiva said on Thursday.

Motiva [MOTIV.UL] called the $18 billion estimate “a general framework of opportunities” to increase refining capacity, branch into chemicals, and expand its commercial operations, marketing and branded presence in the next five years. read more

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Royal Dutch Shell develops smart charging for electric cars to prevent blackouts

Shell plans to install ten rapid-charging points for electric vehicles on its British petrol station forecourts this year: SHELL

Royal Dutch Shell is stepping up its drive into the electric vehicle market by developing smart charging technology to prevent battery-powered cars causing blackouts.

The oil major said it had tested the service, which intelligently controls when cars draw electricity from the grid, in London, Hamburg and San Diego, and was drawing up plans for its commercial deployment.

An increasing number of companies are looking at the issue because of concerns that power grids cannot cope with the demand from even modest numbers of electric vehicles charging at the same time. read more

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