9 OCTOBER 2018 • 3:35PM
The energy giant’s chief executive Ben Van Beurden has warned the industry not to be swayed by the flurry of headlines marking Shell’s steps towards cleaner energy.
“Even headlines that are true can be misleading,” he told delegates at a London conference.
“They might even make people think we have gone soft on the future of oil and gas. If they did think that, they would be wrong,” he said.
Speaking one day after the UN’s landmark climate report warned that more must be done to reduce greenhouse gas emissions, Mr Van Beurden said Shell still “means business” on oil and gas.
Shell plans to invest between $1bn to $2bn every year on building a foothold in the electricity sector by investing in renewable electricity, home energy supply and electric vehicle charging.
But the investment pot is still dwarfed by its $25bn annual budget for Shell’s traditional activities exploring and producing oil and gas.
“Shell’s core business is, and will be for the foreseeable future, very much in oil and gas and particularly in natural gas. Oil is going to be needed by this world for a long time to come,” Mr Van Beurden said.
Although Shell is already shifting its fossil fuel focus from oil towards gas, the FTSE 100 energy giant’s pace of change “will be linked to the pace of change in society”, he added.
“I believe it is right to be spending up to $2bn on areas like renewables, new fuels and supplying electricity because that is what our customers will want over the long term and Shell intends to stay with our customers over the long term,” he said.
“But we also intend to stay with them right now, next year and for all the years to come until this long-term future becomes reality,” he added.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
