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Posts on ‘September 29th, 2017’

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.
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    Gas insiders get first look at Pa. Shell plant

    The Dominion Post: THURSDAY, SEPTEMBER, 2017

    PITTSBURGH — Gas industry insiders got their first close look at the $6 billion Shell cracker plant beginning to take shape on the banks of the Ohio River during the second day of the Shale Insight conference.

    While considering that pending economic bounty, they also got a look at parts of the world that lack basic, reliable electricity and pondered how natural gas might help those poor nations advance.

    The $6 billion Shell plant in Beaver County, 30 miles northwest of Pittsburgh, will produce 6,000 construction jobs and 600 permanent jobs, said Michael Marr, Shell’s business integration leader. read more

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    Executive: Shell cracker will ‘change the skyline’ next year

    By Michael Bradwell: September 28, 2017

    PITTSBURGH – Within the next two to three years, the region should start to see additional plastics manufacturers arriving in the region to take advantage of cheap polyethylene pellets being produced here, an economic development official said Thursday.

    Pittsburgh Regional Alliance President David Ruppersberger made the comment while participating in a panel discussion during the second day of the annual Shale Insight conference at the David L. Lawrence Convention Center.

    The conference is sponsored by the Marcellus Shale Coalition, Ohio Oil and Gas Association and West Virginia Oil & Natural Gas Association. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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