Dec 27th, 2018
by John Donovan.


Dec. 27 (UPI) — Shell Argentina, which two months ago sold a refinery and fuel stations, said Thursday it will move to develop unconventional oil fields in the Vaca Muerta basin, aiming at 70,000 barrels of oil equivalent per day by 2025.
The decision includes developing the Sierras Blancas, Cruz de Lorena and Coiron Amargo southwest blocks, the company told UPI in a statement sent by email on Thursday.
“Vaca Muerta makes up an important part of our global shale portfolio and we see substantial long-term growth potential there,” said Andy Brown, Shell Global Upstream Director. read more
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Dec 27th, 2018
by John Donovan.


Spreadsheet-analysing investors in control of trillion-dollar funds are forcing polluters to change
When an activist shareholder group last year launched a campaign to force Royal Dutch Shell to set hard targets for cutting carbon emissions, just 6 per cent of those eligible to vote backed the plan. Yet within months Shell had announced an “ambition” to halve its carbon footprint by 2050… This December it pledged to set firm short-term emissions targets from 2020 that will be tied to executive pay. “If we don’t meet them there will be consequences to my salary and others,” said Ben van Beurden, Shell’s chief executive. FULL FT ARTICLE read more
shellplc.website and its sister non-profit websites
royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by
John Donovan. There is also a
Wikipedia feature.