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Posts on ‘March 30th, 2019’

Are Shell finally recognising the need to tackle climate change?

28 March 2019

Few people would associate Royal Dutch Shell – oil and gas mega-company and the sixth largest enterprise in the world – with taking a lead in tackling climate change.

However, Shell is making a serious attempt to show it is walking the green walk with commitment and enthusiasm. This week it revealed its utility arm First Utility, acquired a year ago, has rebranded as Shell Energy and switched all of its 700,000 UK residential customers to power generated by renewables. 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

Shell seen expanding acquisitions to become world’s biggest power company

Mar. 29, 2019 10:21 AM ET|About: Royal Dutch Shell plc (RDS.A)| By: , SA News Editor

Royal Dutch Shell (RDS.A +0.3%) could ramp up acquisitions of electricity producers to achieve its target of becoming the world’s biggest power company by the 2030s, Bernstein analysts say.

Shell must produce 214 terawatt hours of clean power every year by 2035 to become the biggest low-carbon electricity provider, which Bernstein says could be achieved through organic growth, ultimately managing 61 GW of power capacity, but the company probably will want to move faster and expand acquisitions of electricity producers. 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

Shell Seen Increasing M&A to Become World’s Top Power Company

By Kelly Gilblom: 29 March 2019, 11:13 GMT

*Company likely to expand acquisitions of electricity producers

*Shell must manage 61 gigawatts of clean power in 2030s

Royal Dutch Shell Plc could ramp up acquisitions of electricity producers to achieve its target of becoming the world’s biggest power company by the 2030s, according to analysis by Sanford C Bernstein Ltd.

To become the biggest low-carbon electricity provider, the company must produce 214 terawatt-hours of clean power every year by 2035, the analysis shows. That’s 11 percent more than Egypt, a country of nearly 100 million people, generated last year, according to data from BP Plc. 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

Strike to cut output at Shell’s Pernis oil refinery from April 8 – union

29 March 2019

AMSTERDAM/LONDON (Reuters) – Workers at Royal Dutch Shell’s Pernis oil refinery, Europe’s largest, and the Moerdijk chemical plant in the Netherlands will go on strike and reduce output from April 8 in a bid for higher wages, Dutch labour union CNV said on Friday.

Production at the 400,000 barrel per day refinery and the chemical plant will be reduced and kept lower until an agreement is reached, CNV spokesman Piet Verburg said.

The exact reduction in output is not yet clear. 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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