News and information on Shell PLC
Vote against Shell’s energy transition strategy, Pirc urges investors
Hannah Godfrey: Tuesday 11 May 2021
Shareholder advisory PIRC has recommended investors vote against Shell’s non-binding resolution on its energy transition strategy at its annual meeting next week.
The Pensions & Investment Research Consultants (PIRC), a major proxy advisory, said Royal Dutch Shell’s strategy to cut emissions “does not seem to have a clear plan for the competitive aspects of the energy transition.”
Shell raises dividend for second time in six months after first-quarter earnings beat forecasts
Sam Meredith: PUBLISHED THU, APR 29 20212:09 AM EDT
KEY POINTSLONDON — Oil giant Royal Dutch Shell on Thursday reported slightly better-than-expected first-quarter earnings, amid stronger commodity prices and growing expectations of a fuel demand recovery.
Shell also raised its dividend by around 4%, its second increase in six months, as the oil major seeks to reassure investors it has gained a more stable footing. It comes after Shell slashed its payout for the first time since World War II in April last year.
New York City sues Exxon, BP, Shell in state court over climate change
By Reuters Staff: April 22, 2021
(Reuters) – New York City is suing three major oil companies and the top industry trade group in state court after a federal appeals court this month rejected its effort to hold the companies liable to help pay the costs of harm caused by global warming.
The lawsuit filed on Thursday said Exxon Mobil Corp, BP Plc, Royal Dutch Shell and industry group the American Petroleum Institute “have systematically and intentionally misled consumers” about “the central role their products play in causing the climate crisis.”
Will Big Oil’s Huge Carbon Capture Bet Pay Off?
By Tsvetana Paraskova – Apr 21, 2021, 1:00 PM CDT
“We’re sending carbon back where it came from,” Norway’s energy giant Equinor says, describing its efforts to make carbon capture and storage (CCS) commercially viable in a future decarbonized energy system. Equinor is a joint venture partner with two other oil majors, Shell and Total, in developing the Northern Lights project in Norway, which is planned to deliver carbon storage as a service to help third-party industries to reduce emissions.
Shell’s maiden trial for hydrogen fuel cell in ships to aid Singapore’s clean fuel ambitions
Singapore — Shell said April 21 it would collaborate on a feasibility study to trial the use of hydrogen fuel cells for ships, the first of its kind for both Shell and in Singapore, paving the way for cleaner and hydrogen-powered shipping.
“This trial is an important step in demonstrating the applicability of hydrogen and fuel cells on ships,” the statement quoted Nick Potter, general manager of Shell Shipping and Maritime, Asia Pacific & Middle East, as saying.
Shell to trial use of hydrogen fuel cells for ships in Singapore
Jessica Jaganathan: April 21, 2021
Royal Dutch Shell (RDSa.L) said on Wednesday it was conducting a feasibility study with partners to trial the use of hydrogen fuel cells for ships in Singapore, the first such move for the oil major.
If successful, the trial will pave the way for cleaner, hydrogen-powered shipping, the company said, adding that its analysis points to hydrogen with fuel cells as the zero-emissions technology having the greatest potential to help the shipping sector achieve net-zero emissions by 2050.
Spring is the season for annual general meetings and this year they provide a test of environmental credentials. Activist non-government organisations (NGOs) have tabled ambitious resolutions to several UK-listed companies and they are keen to remind asset managers with voting rights of their stewardship responsibilities to investors and the planet.
Barclays (BARC), Rio Tinto (RIO), BP (BP.) and Royal Dutch Shell (RDSB) are subject to resolutions from NGOs seeking ambitious commitments in keeping with the Paris Climate Agreement. Its objective is to limit global temperature increases to two degrees Celsius above pre-industrial levels, with strenuous efforts to keep the rise to just one-and-a-half degrees.
Jillian Ambrose: Thu 15 Apr 2021 13.58 BST
Royal Dutch Shell has urged investors to vote for its strategy to shift the business towards cleaner energy sources, despite warnings that the plan does not go far enough to meet the Paris climate agreement goals.
The oil company set out its energy transition plan before its annual shareholder meeting in May, when investors will be able to take part in an advisory vote on Shell’s climate plans for the first time. The vote will not be binding.
Shell Outlines Plans for Reducing Its Own Carbon Footprint
The energy giant has high hopes for sustainable aviation fuel
While energy giant Shell may not be the first name that comes to mind when you think of sustainability, it’s looking to change that by “reduc[ing] the carbon intensity of all the energy that we sell by 2050.”
That’s according to Dean Aragón, CEO of Shell Brands International AG, who said the company has set milestones toward becoming a net-zero emissions energy business for the years 2023, 2030 and 2035 that are “very clear, measurable and quantifiable targets on the decarbonization journey.” He did not provide specifics.
Shell invests in LanzaJet in bid to produce more green jet fuel
London — Shell has invested in bio-jet producer LanzaJet as the energy major looks to increase its presence in the production of renewable fuels.
LanzaJet, which is a spin-off of US-based biotech company LanzaTech, said on April 6 said that Shell’s involvement will “further accelerate commercialization” of its “Alcohol-to-Jet” technology as the aviation sector takes steps to reduce its carbon footprint.
ZeroAvia raises fresh cash for zero-emission hydrogen planes
Other existing investors, including Bill Gates’ Breakthrough Energy Ventures and energy giant Royal Dutch Shell also joined this funding round…
By Nick Carey: 2 MIN READ: MARCH 31, 2021 / 11:19 AM
LONDON (Reuters) – Hydrogen plane startup ZeroAvia said on Wednesday it had secured $24.3 million in a third funding round from investors, including British Airways, which it will use to develop a regional zero-emissions aircraft that can seat more than 50 people.
Shell To Tie Executive Bonus Pays With Energy Transition Goals
By Tsvetana Paraskova – Mar 29, 2021, 11:30 AM CDT
Oil and gas supermajor Shell is set to tie the bonuses for its top executive directors more closely to the group’s performance in reaching its net-zero goals, if shareholders approve the plan at the annual general meeting in May, Reuters reported on Monday.
Two years ago, Shell became the first supermajor to set short-term emission reduction targets and link these targets with executive pay, yielding to growing investor pressure about establishing short-term emission goals.
Big Oil Clashes Over Fossil Fuel Future
By Charles Kennedy – Mar 02, 2021, 9:00 AM CST
Executives from major oil companies clashed over the prospects of oil and gas for the future at the first virtual edition of the CERAWeek conference in Houston.
While BP’s Bernard Looney and Shell’s Ben van Beurden boasted about their shift away from their core business and into renewable energy, Baker Hughes, Hess Corp., and Spain’s Repsol were among those believing that fossil fuels have yet to leave the scene for good, the Houston Chronicle’s Paul Takahashi reports.
Shell Canada employing ‘agile teams’ to power energy transition and reduce emissions
Wed., March 3, 2021, 9:15 p.m.
CALGARY — The president and country head for Shell Canada says its transition into a provider of cleaner energy is being driven by a network of “agile teams” of employees who are examining between 30 and 40 project ideas at a time.
Michael Crothers says the teams formed from employees brought in from various parts of the company are looking at proposals that include the use of hydrogen, biofuels, and wind and solar energy to help the company reduce its environmental impact.
Shell plans bio power-to-liquids project at Rheinland refinery
London — Shell is planning to build the first commercial bio-PTL (power-to-liquid) at its Rheinland refinery in Germany, which will involve expanding its electrolyzer project at the site to 100 MW.
Construction of the PTL unit, which would produce 100,000 mt/year of synthetic kerosene and raw gasoline (naphtha) using green hydrogen generated in the electrolyzer as well as biomass (waste wood), could start in 2023, with a view to commercial operations beginning in 2025, Shell said in a statement Feb. 26.
By Ron Bousso and Shadia Nasralla
LONDON (Reuters) – Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, raising its ambition from previous targets, as its oil output declines from a 2019 peak.
The Anglo-Dutch company is in the midst of its largest overhaul yet as it prepares to expand its renewables and low-carbon business in the face of growing investor pressure on the oil and gas sector to battle climate change.
Shell last year laid out a plan to reach net zero by 2050, in line with the Paris climate agreement and European Union ambitions, but it said the goal depended on its customers.
Hydrogen Council members – including Royal Dutch Shell Plc, BMW, Microsoft Corp and Sinopec – plan to increase hydrogen investments six-fold through 2025, from 2019 levels.
Europe pulls ahead in race for hydrogen, as global project pipeline grows: report
FILE PHOTO: The new Febus hydrogen bus is seen before a presentation in Pau, France, January 14, 2020. REUTERS/Regis Duvignau/File Photo
By Kate Abnett: FEBRUARY 17, 2021
BRUSSELS (Reuters) – Most of the world’s planned hydrogen projects and the biggest chunk of related investments this decade are expected to be in Europe, an industry report said on Wednesday, as the continent races to scale up the low-carbon fuel to meet climate goals.
Jillian Ambrose: Thu 11 Feb 2021 09.40 GMT
Shell has set new carbon emissions goals to become a net zero carbon energy company by 2050, but will continue to grow its gas business by more than 20% in the next few years.
Shell’s goal is to be net zero carbon company within 30 years, including the emissions from burning its fossil fuels. But the plans have raised concerns among green campaigners that Shell may still increase its emissions in the coming decade, which is considered a crucial period to avoid a climate catastrophe.
Oil major Shell reports sharp drop in full-year profit, raises dividend
LONDON — Oil giant Royal Dutch Shell on Thursday reported a sharp drop in full-year profit as the coronavirus pandemic took a heavy toll on the global oil and gas industry.
Shell reported adjusted earnings of $4.85 billion for the full-year 2020. That compared with a profit of $16.5 billion for the full-year 2019, reflecting a drop of 71%. Analysts polled by Refinitiv had expected full-year 2020 net profit to come in $5.15 billion.
Shell’s departure was by mutual consent, and the project would continue “according to its existing development plan”, the three parties behind the project said. Immingham could begin supplying its first aviation fuel from non-recyclable household waste within five years.
But Shell’s decision to exit the UK’s burgeoning green fuels industry is likely to compound scepticism over Johnson’s promise that Britain would be in the “vanguard of green innovation” by pioneering zero-emission transatlantic flight.
SHELL INVESTS IN QUEBEC’S FIRST WASTE TO LOW-CARBON FUELS PLANT
Jan. 05, 2021
Shell Canada Limited, an affiliate of Royal Dutch Shell plc (“Shell”), today announced the signing of commercial agreements to invest in Varennes Carbon Recycling, the first waste to low-carbon fuels plant in Québec, Canada.
Calgary, AB – Shell will have a 40% interest in the plant using technology developed by Enerkem, a leading Canadian clean tech company. Enerkem announced the project in December 2020, subject to finalization of commercial agreements.
“Fossil fuel companies, like tobacco companies before them, have allowed governments to pay for the harms caused by their products“…
5 legal tactics environmentalists are using to fight climate change
Activists are increasingly using litigation as a tool to influence climate action worldwide. Here’s a look at some of the main tactics they’re wielding to force change on fossil fuel firms and weak government policies.
More than 700 climate lawsuits have been filed around the world since 2015, according to the Climate Change Litigation Databases. That’s a huge increase, considering there have only been about 1,700 of these types of cases since the late 1980s, most of them in the US.
Shell: Regaining Dividend Respectability And Shifting Toward Green Hydrogen
The Daily Drilling Report: 10 November 2020
SummaryThe question is, is the dividend safe? The answer here is yes, as it has just been raised. It seems Uncle Ben has heard the hue and cry of outraged shareholders, and is restoring some of what he took away just last quarter.
Ben Van Beurden, CEO Shell:
So we are announcing an increase of 4% in our dividends this quarter. But we’re also announcing a target milestone for our net debt of $65 billion for the near term. And once we have achieved this milestone, we target to further increase shareholder distribution. So we are not offering the promise of future growth, but also increasing shareholder distributions for the near term.
Shell hires Orsted’s Brostrom to lead global renewables unit
By Reuters Staff: October 23, 2020
The Big Oil Side Hustle: Where ‘Renewable’ Money Is Really Going
By Alex Kimani – Oct 20, 2020, 6:00 PM CDT
In 2016, Shell set an ambitious goal to invest $4bn to $6bn in clean energy projects by 2020, though the Guardian recently reported that it was unlikely to meet that target. So, why is Big Oil still dragging its feet…
Every time an oil and gas major announces a major foray into renewable energy, the skeptics come out like clockwork and lambast the sector for merely trying to burnish its green credentials.
Oil Majors Stuck Between A Rock And A Hard Place
By Andreas De Vries – Oct 18, 2020, 6:00 PM CDT
Extracts
The past few years have been historic for as far as crude oil forecasts are concerned. Back in 2015 the view that crude oil demand could peak during the 2020s or 2030s was still met with disbelief (and some ridicule…). Economic growth had been pushing crude oil demand up ever year for decades already, so why would things become different, so the reasoning went. Today, however, essentially all major energy forecasters, including BP, Shell, Total, DNV-GL, the IEA and even OPEC, have come round and acknowledge Peak Oil Demand as a realistic possibility.
INSIGHT- In the run-up to U.S. election, drilling lobby promotes natural gas as “clean”
By Valerie Volcovici, Andrew R.C. Marshall and Matthew Green: AUGUST 18, 2020
WASHINGTON/LONDON, Aug 18 (Reuters) – America’s biggest oil and gas lobby group is ramping up its advertising spending ahead of the November election to persuade voters that natural gas is a climate-friendly fuel, according to ad buying data.
The campaign by the American Petroleum Institute (API), targeted at younger voters and some tight congressional races, is part of a global battle by the drilling industry to assuage growing fears over the role of natural gas in driving climate change.
Shell Energy has launched a new Solar Storage tariff as part of its partnership with German battery storage system manufacturer sonnen.
Customers with solar panels installed on their homes will be able to earn solar credits in the summer, when they are generating excess power that can be exported to the grid. These credits can then be used come winter to save money on bills.
In the UK, a home will typically use about 30% of the electricity produced by their solar panels, but by combining it with a sonnenBatterie this can grow to 75% of their annual energy produced. Adding Shell’s new tariff increases this even further the company stated.
(Bloomberg) — On particularly cold winter days, the vast majority of the U.K.’s energy comes from burning natural gas. That arrangement will have to change radically–and soon–if the country is to hit its legally mandated target of net-zero emissions by 2050. As other countries adopt similar targets to align with the Paris climate agreement, they too will have to find an alternative to natural gas. That leaves fossil fuel companies with a ticking clock.
Hydrogen burns cleanly, leaving only water behind. That’s made it an attractive alternative fuel source–not just for governments looking to satisfy climate mandates, but also for oil companies trying to ensure their continued relevance. Oil-and-gas majors such as Shell, Equinor, and BP have spent tens of millions of dollars on pilot projects. Now in the face of record-low oil prices, frozen international travel, and growing shareholder unease over greenhouse gas emissions, investing in hydrogen has taken on a new urgency.
Shell boss ‘bothered’ by depiction of firm as ‘unwelcome player’ in energy transition
Royal Dutch Shell Plc had been turning out about 2.7 million barrels of oil each day until the novel coronavirus took hold of the world.By Bloomberg: 09/06/2020
Demand for oil, the company’s core product, dropped almost a third in April, and the price of West Texas Intermediate briefly dipped into negative numbers for the first time.
It’s not easy to run an oil major when people suddenly stop needing oil.
Chief Executive Officer Ben van Beurden responded by slashing spending and cutting Shell’s dividend for the first time since World War II.
Royal Dutch Shell Plc plans to eliminate all net emissions from its own operations and the bulk of greenhouse gases from fuel it sells to customers by 2050.
The energy giant is following in the footsteps of its peers BP Plc and Repsol SA, which have already set similar targets. Shell’s move indicates that, despite the turmoil caused in the industry by the coronavirus, major oil and gas companies aren’t abandoning the transition to cleaner energy.
Yuri Sebregts, the top scientist for the energy giant, said long-term solutions need to be “investible” and the move to a lower-carbon energy system “cannot happen based entirely on goodwill-funded developments”.
The Shell boss, speaking to EV at the Baker Hughes conference in Florence last month, said Shell’s near-term goals are to invest $2-3 billion annually on development of low-carbon technologies which could make an 8-12% return on investment and later be scaled up.
BP Plc and Royal Dutch Shell Plc are exploring adding more ethanol in gasoline in top corn state Iowa to take advantage of how cheap the biofuel has become.
The oil majors are gauging driver interest at a small number of stations in 15% ethanol blends, up from the current state standard of 10%, after the Trump administration in May allowed an increase nationwide.
Adding more ethanol to gasoline may help Midwest farmers who have been struggling to find markets for corn after biofuels demand plateaued last year. Ethanol futures slumped to the lowest in more than a decade in 2019, making it unprofitable to make the biofuel that accounts for about a third of demand for the U.S. corn crop. But cheap ethanol won’t save drivers much money: At current prices, filling up a Ford-F150 would only cost about a quarter less.
ROYAL Dutch Shell boss Ben van Beurden has said he sees no reason for the oil giant to curb investment in the North Sea amid concern about climate change insisting it has a key role to play in tackling the problem.
The Anglo-Dutch firm has come under attack from climate change campaigners who have disrupted operations off Scotland and blockaded the company’s North Sea headquarters in Aberdeen.
However, Mr van Beurden said the transition to net zero carbon emissions could not be achieved without the expertise of oil and gas giants such as Shell.The company reckons it can support the development of clean energy systems while helping reduce emissions associated with the production and consumption of oil and gas that will be required to meet the needs of consumers and industry.
At a service station just outside Gatwick, Royal Dutch Shell is experimenting with an alternative vision of the green motoring future. Beyond the main forecourt, where cars queue for petrol and diesel, lies another, smaller canopy that houses one of Britain’s first hydrogen refuelling pumps. While electric vehicles dominate the discussion about decarbonising transport, the term has become synonymous with batteries that must be plugged in and recharged.
Yet a significant number of heavyweight players — from carmakers such as Toyota, oil giants such as Shell and miners including Anglo American — are continuing to make a case for another type of electric vehicle, powered not by batteries but hydrogen.
Shell thinks aviation fuel will be one of the critical growth areas to explore, as ground vehicle transportation fuel and other segments are expected to decline over time. One of these expected growth segments will be sustainable aviation fuel (SAF), where a project with Lufthansa and World Energy is starting up in California.
Shell Aviation and Boston-based World Energy will help Lufthansa meet carbon emissions reduction targets by supplying the SAF on three routes operated by Deutsche Lufthansa and Swiss International Air Lines from San Francisco International Airport (SFO) to Frankfurt, Munich, and Zurich. The project is expected to supply up to one million gallons of SAF to Lufthansa over the duration of the agreement.
In Germany, Daimler formed a joint venture with Linde, Royal Dutch Shell and Total to develop a network of hydrogen fueling stations.Lithium ion battery chemistry currently struggles to deliver the range long-haul trucks require, Schäfer said.
Malcolm Latarche · 16 December 2019: French liner operator CMA CGM has announced a partnership with Shell to supply tens of thousands of tonnes of marine biofuel to its fleet. This quantity, which is unique in the industry, will allow the group’s ships to make over 80 round-trips between Rotterdam and New York.
CMA CGM Group became the first shipowner in the world this year to successfully test the use of a marine biofuel onboard the container ships CMA CGM White Shark and CMA CGM Alexander von Humboldt. Now it is accelerating and expanding the use of biofuel in the shipping industry.
We have to decarbonize planet earth in the coming decades.
That’s what Ed Daniels, head of strategy at Shell, stated during a presentation at Web Summit on Tuesday in Lisbon, Portugal, which was attended by Rigzone.
“I feel an immense amount of responsibility that our company along with governments and society has to do,” Daniels told audience members during the presentation, which included a Q&A session with Neanda Salvaterra, an energy reporter at The Wall Street Journal.
“I’m simultaneously energized and frightened by the scale of the challenge,” Daniels added.
By Timothy Abington and Kelly Gilblom: 4 September 2019, 07:00 BST: Updated on 4 September 2019, 11:11 BST
Major oil companies are poised to do a record number of clean-energy deals this year, with Royal Dutch Shell Plc leading a group of European companies that are well ahead of their U.S. rivals.
The data compiled by BloombergNEF underscore the quickening pace of the transition to low-carbon energy among the world’s largest fossil fuel producers, and the scale of the trans-Atlantic divide. European majors closed seven times as many deals with renewable-electricity and storage companies as their U.S. counterparts since 2010.
AUG 30, 2019
Shell India has made a $7.7 million (€6.9 million) investment in a local biomass firm. Punjab Renewable Energy, backed by Neev Fund and responsibility, will use the fresh investment to expand its business in the bioenergy sector.
The company was established in 2011 and is involved in the collection, processing, storage and supply of biomass including paddy straw, cotton stalk, soya husk, maize cob and mustard stalk, which it provides to clients for energy or conversion into biofuels, according to a report by VCCircle.
Steve Phimister, Shell’s UK vice president for upstream, said yesterday during Oil and Gas UK’s (OGUK) industry conference that he thinks the country needs to take decisive action on the issue of climate change.
But he added that it did not include “abandoning” oil and gas.
Mr Phimister claimed he “agrees with the view from the climate protestors” of the need to move to a net zero carbon target “quickly”.
He added: “I understand why these activists were calling for this change, and it would be easy to assume that we all and those folk are on the opposite side of the conversation, but I don’t see it that way.
By CAMILLA CANOCCHI FOR THISISMONEY.CO.UK
Shares in Royal Dutch Shell fell despite the oil and gas giant revealing plans to return $125billion (£99billion) to shareholders over five years through dividends and share buybacks.
This is more than double the $52million (£41billion) handed to shareholders between 2011 and 2015.
Shell said it expects to pay for that with money from new projects, which it expects will generate $35billion, assuming oil remains priced at $60 per barrel.
APRIL 7, 2019
LONDON (Reuters) – An activist group said it has withdrawn a shareholder resolution calling on Royal Dutch Shell to change its climate policy after the oil and gas company reached a broad agreement with investors on the issue.
The Anglo-Dutch energy company drew rare praise from investors and environmental activists in December when it set out plans to introduce industry-leading targets to reduce greenhouse gas emissions and link them to executive pay.
Nevertheless, Dutch activist group Follow This tabled several days later a resolution urging Shell to drastically reduce its spending on fossil fuel.
by Josh Siegel: April 04, 2019 12:00 AM
Shell’s move to leave a trade group because of its climate change position is being met with skepticism from fossil fuel critics and energy producers alike, because Shell remains in other groups that oppose policies to address climate change.
Sen. Sheldon Whitehouse, D-R.I., perhaps the harshest critic of the oil and gas industry, said that Shell’s decision to leave American Fuel & Petrochemical Manufacturers “begs the question as to how Shell justifies continued membership in the much larger lobbying behemoths that spend millions opposing the climate action Shell claims to support.”
* Shell to leave AFPM in 2020 over climate “misalignment”
* Shell releases first report on links with industry groups
* Investor welcomes report as “industry first”
LONDON, April 2 (Reuters) – Royal Dutch Shell Plc on Tuesday became the first major oil and gas company to announce plans to leave a leading U.S. refining lobby due to disagreement on climate policies, citing its support for the goals of the Paris climate agreement.
In its first review of its association with 19 key industry groups, Shell said it had found “material misalignment” over climate policy with the American Fuel & Petrochemical Manufacturers (AFPM) and would quit the body in 2020.
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.
Exxon Mobil Corp., Royal Dutch Shell, Chevron, Total and BP together have spent more than $1 billion on public relations since the Paris Agreement.The world’s five largest publicly traded oil companies are increasing their investments in oil and gas, putting a combined $110 billion in new fossil-fuel production.
Meanwhile, those firms are projected to spend just $3.6 billion on low-carbon investments, such as biofuels and renewables, according to a new analysis that Influence Map, a British nonprofit that analyzes corporate influence on climate policy, derived from industry data and numbers buried in company disclosures.
The reckless disparity comes just months after the United Nations warned that the world must rapidly phase out fossil fuel use over the next decade or face catastrophic global warming of at least 2.7 degrees Fahrenheit.
By Kevin Crowley and Alix Steel: 11 March 2019, 20:09 GMT: Updated on 11 March 2019, 21:38 GMT
Royal Dutch Shell Plc plans to become the world’s biggest power company despite electricity’s historically narrow margins.
The world’s second-largest oil explorer by market value is spending up to $2 billion a year on its new energies division, mainly to grow in a power sector it envisions delivering 8 percent to 12 percent annual returns, according to Maarten Wetselaar, director of Shell’s integrated gas new energies unit.
Royal Dutch Shell plans to become the world’s biggest power company despite electricity’s historically narrow margins.The world’s second-largest oil explorer by market value is spending up to $2 billion a year on its new energies division, mainly to grow in a power sector it envisions delivering 8-12% annual returns, according to Maarten Wetselaar, director of Shell’s integrated gas new energies unit.
“We believe we can be the largest electricity power company in the world in the early 2030s,” Wetselaar said.
“We are not interested in the power business because we like what we saw in the last 20 years.
“We are interested because we think we like what we see in the next 20 years.”
This is not a Shell website. That fact should be abundantly plain from the overall content of this home page and our sister Shell-focussed websites, including shellnazihistory.com. Click on the Disclaimer link at top of this page for more information. You Can Be Sure Shell does not endorse or approve of this website. There are no subscription charges nor do we solicit or accept donations. It is an entirely free to use website drawing attention to the negative side of Shell while also publishing positive news about the company. The Shell logo image with the white text used on this website, as per the above example, is in the public domain because its copyright has expired and its author is anonymous. It can be found on WIKIMEDIA COMMONS. Our shellenergy.website publishes Shell Energy customer complaints posted on Trustpilot where there is an ample supply. Use this link for Shell’s own website.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA – HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
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: 
MORE DETAILS:
MORE DETAILS: After a solicitor acting for Shell threatened to make the litigation "drawn out and difficult" with the intention of draining the resources of a financially weaker opponent, my late father (Alfred Donovan) and I decided to mount a wide-ranging campaign as a counter-measure. We jointly founded the Shell Corporate Conscience Pressure Group, which nearly 15% of Shell UK retailers joined. We regularly conducted ethical surveys involving up to 1500 Shell petrol stations. All responses were opened and authenticated by an independent solicitor who supplied Affidavits confirming the results. In whole page announcements in trade magazines (examples above) we challenged Shell to commission and publish the resuits of independent research asking the same questions and offering respondents GUARANTEED anonymity. Shell never took up the invitation. Instead it asked the UK Advertising Standards Authority to investigate our Shell surveys. No problems were found. The head-cut image of Alfred Donovan appears courtesy of The Wall Street Journal. 
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission website etc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our websites and/or our activities.
John Donovan, the website owner
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
Activists gear up for a fight over green-washing at AGMs
