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Shell is taking on Tesla with batteries for homes

Updated 1819 GMT (0219 HKT) February 15, 2019

London (CNN Business)Royal Dutch Shell is making a bet on home battery storage as it tries to boost its sustainable energy business.

The oil giant announced Friday that it has purchased Sonnen, a German startup that makes residential battery systems that store energy generated from solar panels.

The move puts Shell in direct competition with companies such as Samsung (SSNLF), LG (LPL) and Tesla (TSLA), which makes a home battery system called the Powerwall. read more

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Shell buys German solar battery maker sonnen

FEBRUARY 15, 2019

FRANKFURT (Reuters) – Royal Dutch Shell has agreed to buy German residential solar battery maker sonnen, as the oil and gas major expands its electricity business in its bid for a bigger role in the global transition to low-carbon energy.

Sonnen, which has 40,000 battery systems worldwide and in 2017 had sales of 65 million euros ($73 million), is the German market leader in home storage batteries and has expanded into electric vehicle charging systems.

Regulatory approval and completion of the transaction, involving Shell New Energies, was expected in the first quarter of 2019, a sonnen spokesman said, without giving a value. read more

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Shell plans 120MW solar farm, says Sonnen has sold 3,000 units in Australia

The Australian arm of global oil major, Royal Dutch Shell, has firmed up plans to build a 120MW solar farm in Queensland’s Western Downs region, which it describes as one of many “great opportunities” to evolve and grow the business in the Australian market.

In an address to the Melbourne Mining Club on Wednesday, Shell Australia chair Zoe Yujnovich said the “well-advanced plans” for the company’s first solar farm proposed building the 400,000 panel project on land adjacent to its QGC onshore natural gas business near Wandoan. read more

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Shell plans floating wind project off the Norwegian coast

13 FEBRUARY 2019 

Royal Dutch Shell will join forces with renewable energy developers to build an €18m (£15.7m) floating wind project off the coast of Norway by next year.

The Anglo-Dutch fossil fuel giant will take a majority stake in the development company that hopes to prove that the cost of floating wind projects could fall significantly using innovating approaches.

Shell has increased its share of the project from an initial one third stake to almost two thirds, alongside German renewables company Innogy and Denmark’s Stiesdal Offshore Technologies. read more

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Shell buys up controlling stake in floating wind project

Shell buys up controlling stake in floating wind project

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Energy giant Shell has bought a controlling stake in a floating wind project planned for 2020.

Originally investing 33% in the ‘TetraSpar’ floating foundation demonstrator turbine last year, Shell will now own 66% of the project.

The development project is a partnership between Shell, Innogy and Stiesdal Offshore Technologies (SOT).

It has a project budget of almost £16 million.

The demonstrator will also utilise a Siemens Gamesa 3.6 megawatt (MW) direct drive turbine.

Testing is due to begin in 2020 at the Marine Energy Test Centre (Metcentre) near Stavanger in Norway.

James Cotter, project manager at Shell, said: “Shell is working to grow our renewable power business and sees great promise in floating wind technologies that could change the face of the offshore wind industry over the next decade. read more

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Shell and Innogy agree investment on €18m floating wind project

Energy giants Shell and Innogy have teamed up with Stiesdal Offshore Technologies (SOT) to invest in an €18m demonstration project they hope could slash the costs of installing floating wind turbines.

The trio yesterday announced the final investment decision on the TetraSpar floating wind project, firing the starter gun on work to install a turbine with a floating foundation off the Norwegian coast.

The plan is to create a turbine foundation featuring a modular structure, which would be constructed from tubular steel and incorporate a suspended keel. The companies said that because the design can be assembled on land and towed fully constructed out to sea, it should deliver significant cost savings compared to current designs for floating turbines. read more

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Shell backs Alphabet’s power-generating kites in latest renewable bet

Makani could become a player in offshore wind power.

Jon Fingas, @jonfingas: 13 Feb 2019

Alphabet is turning yet another one of its X projects into a business, but this time it’s enlisting the help of an unusual ally. Makani Power, a venture making electricity-generating kites (see above), has become a full-fledged subsidiary of Alphabet thanks in part to a minority investment from Shell — yes, the fossil fuel giant. The two hope to shift the technology from the land to offshore, where winds are stronger. They’re betting that the kites will be easier to deploy than conventional wind farms, since they could deploy with floating buoys instead of requiring platforms that reach down to the ocean bed. read more

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Shell unveils 120 MW Queensland PV project, to supply QGC onshore gas operations

Shell Australia has “well advanced” plans for a 120 MW utility scale PV array to supply its QGC onshore gas operations in northern Queensland. The announcement was made Shell Australia Chairman Zoe Yujnovich during a speech today, in which she pointed to an Australian “energy transition” in which “electrons will play a bigger role”.

The QGC operations sprawl across a landmass the size of Belgium and is Shell’s largest LNG project globally. Image: Shell

Fossil fuel giant Shell’s largest liquefied natural gas (LNG) operations globally is set to be partly supplied by PV power. Shell Australia announced the move today, which will come in the form of a 120 MW solar farm to be developed on land that forms some of its QGC fracking operations in Queensland. The gas is liquefied, in an energy intensive process, at the 8.5 million tonne Curtis Island export facility near Gladstone – the company’s biggest LNG operation globally. read more

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‘Backflips and turmoil’: Shell CEO urges business to take lead on climate

Shell Australia chairman Zoe Yujnovich said industry must help to direct government to create a durable energy policy after more than a decade of failed energy and climate policies. CREDIT: BEN RUSHTON

By Cole Latimer: 

Shell has blasted the federal government over climate and energy policies saying business needs to take the lead on climate action, and the Coalition blaming high gas prices on exports “cannot go unchallenged”.

In a speech, Australia chief Zoe Yujnovich lashed the government’s performance on climate change and threats to cut off gas exports, saying industry needs to take the lead on climate and energy as governments are unable to “sell” their constantly changing policies. read more

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Climate groups threaten lawsuit to force Shell to ditch oil

Updated 0832 GMT (1632 HKT) February 12, 2019

London (CNN Business)Climate activists are preparing legal action aimed at forcing Royal Dutch Shell to exit the oil business.

A coalition of environmental groups in the Netherlands said Tuesday that they will hand over a court summons on April 5 if Shell does not change its business model to comply with the Paris climate accord. read more

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Shell inks renewable diesel deal in Oregon

Shell inks renewable diesel deal in Oregon

Feb. 5, 2019

Royal Dutch Shell has inked a long-term deal to purchase renewable diesel from a proposed $1 billion renewable project in Oregon.

Shell Trading Co. said it would purchase renewable diesel from NEXT Renewable Fuels Inc.’s proposed 12.3 million barrel (600 million gallon) project in Port Westward on the Columbia River in northern Oregon, according to an announcement from NEXT. The company will supply Shell and other partners with its alternative liquid fuels once the project opens in 2021. read more

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Shell executive balances two energy worlds

Shell has named Gretchen Watkins as the new president of its North American operations in Houston. Watkins is the former CEO of Maersk Oil. Friday, Jan. 4, 2019, in Houston. Photo: Marie D. De Jesús, Houston Chronicle / Staff photographer

Gretchen Watkins’ family was living an idyllic life in Copenhagen, where bicycles outnumber cars on many the city’s roadways. The oil industry veteran said it was the norm for her kids to take public transportation to commute.

That was less than a year ago. Now her family has moved from one of the most bicycle-friendly cities in the world to a city dominated by highways and traffic congestion. Watkins, 50, went from living in a country whose leaders are debating ambitious new climate laws to a city whose fate is tied to the proliferation of fossil fuels.

It’s been almost a year since Watkins relocated her family to Houston so she could prepare to take over in one of Shell Oil Co.’s most iconic positions: She officially started as Shell’s president of U.S. operations in January, the first female in a position typically filled internally by longtime male employees. read more

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Shell open to carmaker partners in EV charging expansion

Shell open to carmaker partners in EV charging expansion

FEBRUARY 1, 2019

STOCKHOLM (Reuters) – Shell is open to partnerships with carmakers to expand electric vehicle (EV) charging beyond its petrol stations, one of the oil major’s executives said on Friday.

As part of efforts to compete with rival BP in the growing EV sector, Shell this week bought U.S. charger provider Greenlots – a supplier for Volvo and Volkswagen’s U.S. subsidiary as well as for utilities and residential sites – for an undisclosed sum. read more

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Shell ‘leading the way’ on climate change

Shell ‘leading the way’ on climate change

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Oil super major Shell is “ahead of the curve” on facing up to climate change responsibilities, its boss said today.

Green investor groups have been putting increasing pressure on oil companies to clean up their acts in recent times.

In December, Shell revealed plans to link pay for its top brass to the achievement of emissions targets.

Shell said it would start setting targets for shorter periods in an effort to cut the net carbon footprint of its energy products by around half by 2050, and 20% by 2035. read more

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Shell chairman says clean energy moving too slow to meet UN climate goals

by John Siciliano | January 17, 2019 11:47 AM

The chairman of oil giant Shell said Thursday that he doubts clean energy can move fast enough to meet the United Nations climate warnings without a substantial policy push, despite the technology being readily at hand.

“Our analysis says we could solve this problem with the technology we have, but there is not enough pull to get it over in the kind of time frame that the scientists say we really need to avoid that,” said Chad Holliday, chairman of Royal Dutch Shell, speaking at an energy innovation forum in Washington. read more

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Jamie Oliver defends controversial £5m food deal with oil giant Shell

EXCLUSIVE: TV chef who previously campaigned for green causes is facing a major backlash

The TV chef has launched Jamie Oliver deli by Shell (Image: PA)

Shell, whose profits hit £4.3billion last year, is in the top 10 global carbon dioxide emitters. It is also involved in a corruption trial over dealings in Nigeria.

By Tom Bryant: Head Of Showbiz: 20:54, 15 JAN 2019

Jamie Oliver has sparked fresh fury after trying to defend his £5million food-to-go deal with Shell.

The TV chef, 43, yesterday launched his range for the oil giant, despite campaigning for action on climate change.

He said he had “thought a lot” before agreeing to it, adding: “There are pitfalls working for any client, they all have their own baggage.”

But campaigners hit out at his reasoning, which comes after Jamie told of a cash crisis at his company.

Shell, whose profits hit £4.3billion last year, is in the top 10 global carbon dioxide emitters. It is also involved in a corruption trial over dealings in Nigeria. 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

Oliver defends ‘hypocritical’ Shell deal

January 15, 2019

Jamie Oliver has defended his decision to sign a reported £5 million deal with Royal Dutch Shell despite years of campaigning for action on climate change. The television chef said that he had anticipated the accusations of hypocrisy that he has faced since news leaked of his agreement to design a range of deli food for the oil major’s British petrol stations. Oliver said that he had “thought a lot” before signing the deal, but had reached the conclusion that “there are pitfalls working for any client and they all have their own baggage”. He argued that the partnership “was absolutely worth it” if it meant that people had access to better-quality food. The chef, who was named an “environmental champion” by the UN Environment… read more

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Shell teams up with Dutch pension fund to bid for Eneco

JANUARY 14, 2019

AMSTERDAM (Reuters) – Royal Dutch Shell and Dutch pension fund manager PGGM are considering a joint bid for Dutch energy company Eneco [ENECO.UL], which analysts estimate to be worth around 3 billion euros ($3.4 billion).

The 53 municipalities that own Eneco, which is heavily invested in sustainable energy projects, said in December they will sell it via an auction later this year.

Shell and PGGM, who gave no financial details, said they were looking for “a long term commitment” with Eneco, which is expected to appeal to energy companies that want to increase their exposure to renewable energy production. read more

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When it comes to puff pieces, each to his own

Ben van Beurden has marked five years as chief executive of Royal Dutch Shell by giving a “wide-ranging interview” on climate change, his leadership style and “Shell’s biggest financial transformation” — an interview given to, erm, Royal Dutch Shell’s website. But rest assured, the oil group’s in-house journalists weren’t letting their boss off lightly. The transcript published yesterday features such hard-hitting questions as: “Who do you turn to for advice and support?” (answer: his wife, Stacey); “What are you most proud of when you look back at 2018?”; and “Why is trust so important for Shell?” A real zinger, that one. read more

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Wind farms are back on Shell’s horizon

Shell’s wind development division considers Britain, including the North Sea, to be a key offshore market: ARTERRA/UIG/GETTY IMAGES

Royal Dutch Shell is considering bidding for rights to develop offshore wind farms in British waters as the Anglo-Dutch oil major seeks to re-enter the UK sector after a ten-year absence.

Dorine Bosman, Shell’s vice-president of wind development, said that the company was interested in seabed leases that are due to be awarded this year by the Crown Estate. read more

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Money managers: the new warriors of climate change

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

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Shell Doubles Renewables Investment

By Irina Slav – Dec 26, 2018, 10:00 AM CST

Shell plans to increase the annual amount of money it invests in renewable energy to US$4 billion, the supermajor’s head of gas and new energy, Maarten Wetselaar told The Guardian in an interview.

The figure is double the maximum current annual investment Shell has allocated for cleaner energy initiatives but the increase will only materialize if these initial investments prove to make financial sense.

“I would like my current business to be financially credible enough for not only the company, but shareholders, to want to double it and look at more,” Wetselaar told The Guardian. read more

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Shell says it wants to double green energy investment

Company already committed to spend $1bn-$2bn annually in the next two years on low carbon energy read more

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Shell rollout flicks switch on electric car revolution

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REVVY, STEADY, GO: The Shell Recharge initiative is being brought to Scotland after it met with great success south of the border

Energy giant Shell has announced it is throwing its weight behind renewable energy in Scotland with the introduction of three electric charge points at locations around the country.

Charging docks will be placed at service stations in Aberdeen, Glasgow and Dunblane in a move which rolls out an already well established initiative, Shell Recharge, north of the border following its success in England. Jane Lindsay-Green, Shell UK future fuels manager, said the sites were chosen because of their proximity to main driving routes, and where there is an opportunity to reach more EV drivers. read more

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Shell splashes out $175m to crack US wind market

Royal Dutch Shell has boosted its expansion into the offshore wind sector with two deals to establish a significant position in the nascent US industry.

The Anglo-Dutch energy group has splashed out $175 million over the past week on the rights to develop hundreds of turbines in the waters off New Jersey and Massachusetts, which could power more than 1.5 million homes.

Dorine Bosman, vice-president for wind development at Shell, below, said its expertise from developing offshore oil and gas fields should help it to compete against established offshore wind players to secure subsidy contracts needed for the proposed wind farms to go ahead. read more

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Shell to acquire 49% stake in Cleantech Solar

December 20, 2018

MUMBAI: Royal Dutch Shell Plc has picked up 49% stake in Cleantech Solar, a Southeast Asia and India-focused solar energy systems developer, for $100 million in what could be the British energy giant’s first investment in the alternate energy space in Asia.

The transaction is expected to get concluded in January 2019, the two companies said on Wednesday. Headquartered in Singapore, Cleantech Solar owns and operates more than 120 solar power plants across Southeast Asia, representing ove .. read more

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Jamie Oliver accused of hypocrisy over £5m deal with Shell – after campaigning on climate change

18th December 2018

JAMIE Oliver has been slammed after agreeing a £5million business deal with oil giant Shell – despite his green campaigning.

The TV chef has been hired to revamp the food offering at Shell service stations.

It comes after his business empire lost £20million last year, forcing him to close a further 12 of his 37 remaining Jamie’s Italian restaurants and making 600 staff redundant.

But his latest venture has been heavily criticised, leading to accusations he is “not taking seriously” the threat of climate change. read more

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Jamie Oliver’s £5million deal with Shell despite years of green campaigning

By Tom Bryant Head Of Showbiz: 17 December 2018

Jamie Oliver has agreed a £5million tie-up with Shell – despite his green campaigning.

The TV chef’s £5million deal with the oil giant comes after his business empire lost £20million last year – and despite years of him campaigning for action on climate change.

The arrangement will see him update food at Shell service stations.

Labour’s Anna McMorrin, who is on the Commons’ Environmental Audit Committee, said the move sent out the wrong message given that “he has a lot of support from young people”.

The Cardiff North MP, who visited the Arctic recently to see the ravages of global warming first-hand, said: “ Climate change is the major issue facing all of us. read more

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The detail in Shell’s pledge is Paris-defiant

While it is true that Royal Dutch Shell gave shareholder activists on climate an early Christmas present, agreeing to reduce its carbon footprint by 20 per cent by 2035 and 50 per cent by 2050 ( FT View, December 7), a closer look reveals that the commitment is a cynical game.

FULL FT ARTICLE

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BP, Shell to Face New Shareholder Challenge Over Climate in 2019

  • Dutch group Follow This may also target Exxon Mobil, Chevron
  • Resolutions ask companies to align business with Paris accord

The activists who rankled Royal Dutch Shell Plc by filing climate-change resolutions for three straight years now are targeting other oil majors.

Follow This, a Dutch group that accumulates shares in oil companies in order to press them over greenhouse gas emissions, has filed another resolution against Shell for 2019. It also filed its first resolution against BP Plc and may target Chevron Corp. and Exxon Mobil Corp. in the same way.

The group, led by former journalist Mark van Baal, has been a source of frustration for Shell management, even though its resolutions have gone down to defeat. Van Baal stood up at the Anglo-Dutch supermajor’s May 2018 shareholder meeting and said Shell was misleading its investors by saying it was on track to meet global climate targets, prompting CEO Ben van Beurden to angrily retort that wasn’t the case. read more

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Government to encourage oil firms to follow Shell on climate and exec pay

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The UK Government has said it will encourage other oil and gas firms to follow Shell in linking executives’ pay packs to climate targets.

Earlier this week the energy major announced an unprecedented move to link remuneration to reducing its carbon footprint.

Climate groups widely welcomed the action, as Shell aims to make a 20% reduction by 20135 and 50% by 2050.

Starting in 2020, Shell will set the target each year, for the following three or five-year period.

In the House of Lords yesterday, the Bishop of St Albans,  Alan Smith, asked about efforts to encourage more oil and gas firms to follow suit. read more

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Shell News 5 Dec 2018: Includes latest on OPL 245 graft case

DECEMBER 5, 2018

MILAN (Reuters) – The Russian government has asked Italy to be “reasonable” over a Russian citizen caught up in a Nigerian graft case in Milan and drop the charges against him, according to legal documents seen by Reuters.

Ednan Tofik ogly Agaev, a former Russian ambassador in Colombia, is charged with international corruption in a case revolving around the 2011 purchase by oil majors Eni and Shell of Nigeria’s OPL 245 oilfield.

Milan prosecutors allege bribes totalling around $1.1 billion (£862.4 million) were paid to win the licence to explore the field. read more

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Carl Mortished: Shell’s great incentive is to oil the wheels of transition

Ben van Beurden

The linkage of carbon reduction targets to bonuses will not just apply to the top team but to a thousand or more senior Shell managers.

CARL MORTISHED: 5 Dec 2018

It’s tough setting pay incentives for the boss. You want him to have an eye on the big prize — more profits, more dividends. But you also want him to invest well, to run a tight ship and not sacrifice the long-term in pursuit of a quick buck. But what incentive is right when you worry that the core business might be banned within several decades?

Big oil companies wrestle with this. Investors adore the cash dividend from crude. But many want to know what the oil majors will do if petroleum-based fuels are phased out in order to reduce carbon emissions. Shell has been playing cat and mouse with some saintly shareholders who want their dividends free of soot and CO2. In order to achieve that, these investors want carbon-reduction targets embedded in the bosses’ bonus plans. read more

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A ‘Greener’ Shell Means Richer Executives? That’s the Oil Giants Radical New Plan

By DAVID MEYER A year ago, Royal Dutch Shell said it was going to halve the carbon intensity of its operations and products by the middle of the century. That followed investor pressure, and now the energy giant’s shareholders have scored another major win.

Shell issued a big announcement Monday: Not only will it be setting short-term targets in line with its longer-term “Net Carbon Footprint” ambition, but it will also be linking these targets with executive remuneration. Greener Shell = richer executives, or at least that’s the plan — the link will be subject to a shareholder vote at the company’s 2020 AGM.

The move is not entirely unprecedented — Statoil’s head of Norwegian production and development gets more money when absolute carbon emissions fall — but the scale of Shell’s proposal, which reverses a previous aversion to hard targets, is something else. According to the Financial Times, the link between long-term financial incentives and emissions reductions could affect up to 1,200 Shell executives. read more

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Shell sets carbon cutting targets after investor pressure

Ron Bousso: DECEMBER 3, 2018 * Shell, investors make joint statement on targets

* Shell to link short-term targets to executive pay

* CEO van Beurden had called targets ‘foolhardy’

LONDON, Dec 3 (Reuters) – Royal Dutch Shell caved in to growing investor pressure over climate change on Monday with plans to set short-term targets for reducing its carbon footprint.

BP and Total have already set short-term targets, but Shell Chief Executive Officer Ben van Beurden had previously resisted setting hard goals, saying it would be “foolhardy” to expose Shell to legal challenges. read more

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Shell joins Dunkirk offshore wind project consortium for French tender

London — Oil major Shell’s new energy unit has joined a consortium for the 500 MW offshore wind project at Dunkirk to be tendered by the French government in H1 2019.

Shell is already part of a successful consortium that was awarded the 730 MW Borselle 3 and 4 offshore wind tender in the Netherlands at Eur54.60/MWh.

Shell’s New Energy unit plans to invest an average $1 billion-$2 billion per year until 2020 in mainly renewable energy projects, it said.

–Andreas Franke, [email protected] read more

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Shell Oil’s plan to ease global warming will be presented in Aspen Tuesday

 

David Hone, chief climate advisor for Shell International

A key figure in Shell Oil Co.’s surprising emergence as a world leader in demonstrating how to reduce fossil fuel use and prevent global warming from reaching catastrophic levels will outline his company’s work in Aspen this week.

David Hone, Shell International’s chief climate adviser, is attending a workshop on industrial de-carbonization at the Aspen Global Change Institute and will give a public presentation Tuesday night at the Limelight Hotel in Aspen. It’s titled, “How Society Can Meet the Goals of the Paris Agreement.” read more

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Shell starts rollout of ultrafast electric car chargers in Europe

First in network of chargers three times faster than current models installed near Paris read more

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Shell’s greener future is a matter of survival

The Anglo-Dutch energy giant may “turbo-charge” its drive into renewable power and electric vehicles within five years

Jillian Ambrose, energy editor: 13 OCTOBER 2018 • 5:30PM

‘We’re not an oil company,” says Ben van Beurden from across the table. It is an affable, but pointed intervention typical of the man leading the FTSE 100’s highest-valued business.

“I don’t want to be facetious or pedantic,” he continues good-naturedly. “But we are a much broader and more sophisticated company than one that produces oil. We produce much more gas than we do oil, for a start.”

For the boss of Royal Dutch Shell, the distinction is one that rings at the heart of a personal mission to transform a company which for over a hundred years has fuelled the development of the modern world. read more

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Shell launching new retail fuel pilot programs in U.S.

Royal Dutch Shell is the U.S. leader in retail fuel sales and now Shell is launching new American pilot programs so people can fill up almost anywhere or charge their electric vehicles.

First Shell will pilot its new “Shell TapUp” app-based program in Houston where it will take fueling trucks to its customers to fill their tanks. The program started in the Netherlands and is now coming to the U.S.

Shell will start offering the service to its employees and to other businesses so vehicles are filled up in their company parking lots. Then, Shell aims to eventually expand to all customers so people can get fuel while they’re shopping at the grocery or dining at a restaurant. Shell won’t come to your house; the goal is to service multiple customers at a time in larger parking lot or garage settings. read more

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Shell boss says mass reforestation needed to limit temperature rises to 1.5C

Royal Dutch Shell CEO Ben van Beurden

: Tue 9 Oct 2018

The boss of Shell has said a huge tree-planting project the size of the Amazon rainforest would be needed to meet a tougher global warming target, as he argued more renewable energy alone would not be enough. Ben van Beurden said it would be a major challenge to limit temperature rises to 1.5C (equivalent to a rise of 2.7F), which a landmark report from the UN’s climate science panel has said will be necessary to avoid dangerous warming. FULL ARTICLE read more

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Shell not ‘going soft’ on fossil fuel future, says boss

9 OCTOBER 2018 • 3:35PM

Royal Dutch Shell may be spending billions of dollars on renewable energy and electric cars, but the oil major is not straying far from its fossil fuel roots just yet.

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. read more

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Shell pension fund challenged to disclose response to climate risk

: 7 October 2018

Shell’s largest UK pension fund is under pressure from a member who says it is failing to disclose how it deals with climate risk, in what is regarded as a test case for other UK pension funds. The £16bn Shell Contributory Pension Fund was contacted last week by Christoph Harwood and ClientEarth, the legal environmental campaign group. They requested proof of how it is dealing with the issue of climate change…

FULL FT ARTICLE

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Shell CEO: Support a price on carbon — but not at any cost

Jennifer Luxton / The Seattle Times: 

Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden

 Special to The Times

Can an oil and gas company favor a price on carbon emissions while not endorsing every attempt to achieve one? Yes — but Initiative 1631 has some serious flaws.

It may seem counterintuitive for an oil and gas company to favor a scheme that would potentially make doing business more expensive. But Shell’s longstanding support for a government-led carbon price is based on our belief that a well-crafted policy would benefit all of us — society and industry. read more

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Shell boost for electric car owners

The “Shell Recharge” network will make use of rapid 50kW chargersTONG YU/VCG

More petrol stations will be fitted with electric car charge points under a new nationwide plan.

Shell says that 30 new forecourts will have rapid chargers by the end of March, with a “significant” further expansion planned by the end of next year.

It is the biggest introduction of chargers in urban petrol stations and comes after fuel retailers have faced criticism for being too slow to adapt to the technology. Companies have been reluctant to provide chargers because of concerns that it takes up valuable space that could be used for petrol and diesel pumps. 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

Customers quit First Utility, the supplier Shell bought to take on the Big Six

The electricity and gas supplier had to deal with almost 40,000 complaints in the second quarter of this year: GARETH FULLER/PA

The UK energy supplier acquired by Royal Dutch Shell as a vehicle for growth has lost tens of thousands of customers since agreeing the deal.

First Utility supplied gas and electricity to 805,000 UK households when it agreed in December to be taken over by the Anglo-Dutch energy giant, which said it would use it to challenge the Big Six suppliers. read more

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Greenwashing is an elusive CSR attempt

Greenwashing is a phrase used in advertising to describe initiatives taken by organisations to preserve the environment; this they do to improve their public image.

Published: October 1, 2018 3:05 AM

Greenwashing is a phrase used in advertising to describe initiatives taken by organisations to preserve the environment; this they do to improve their public image. The term ‘greenwashing’ is in use since the 1960s, but became famous in the 1990s when environmental awareness became a movement across the world. Organisations struggle to get public attention and customers’ mind share; pretending to be environment-friendly is one such attention-seeking measure.

One of the huge corporations, Royal Dutch Shell, has been frequently accused and penalised for its greenwashing campaigns. Its most famous ad campaign—“Don’t throw anything away; there is no away”—highlights the claim of growing flora and fauna out of carbon dioxide emissions, but it was found to be misleading and heavily criticised. In January 2017, a UK High Court ruled out a claim against Dutch Shell’s Nigerian subsidiary’s oil spill, in which two Niger Delta communities were shattered completely. The Court’s order clearly showcased robbing of justice and allowing the UK multinational to commit abuses overseas with impunity. Law is, indeed, blind. read more

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Shell, BP go separate ways as Washington voters consider fee on greenhouse-gas polluters

Royal Dutch Shell opts to sit on the sidelines while BP shovels money into opposing Initiative 1631.

 Seattle Times staff reporter: September 30, 2018 

In speeches, reports and online posts, BP and Royal Dutch Shell leaders proclaim support for government rules that put a price on greenhouse-gas pollution resulting from the combustion of oil, natural gas and coal.

But as Washington voters head toward a November vote on an initiative to impose a carbon fee on fossil fuels, the two oil giants have gone their separate ways.

Shell, which operates the state’s second largest refinery, in Anacortes, has opted to sit on the sidelines of what has emerged as one of the most expensive initiative battles in Washington history. If approved, Initiative 1631 could serve as a model for other states. read more

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Shell selects E.ON to operate Texas wind farm

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Brazos Wind Ventures, LLC, a subsidiary of Shell Wind Energy (Shell), has signed an operations and maintenance contract with E.ON Energy Services LLC (EES) for its site near Fluvanna, Texas. E.ON will perform scheduled maintenance services on the 160-MW site.

Shell owns and operates the Brazos Wind Farm, which uses Mitsubishi 1000A turbines. E.ON will perform scheduled maintenance and troubleshooting for the site in daily coordination with Brazos. read more

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Oil industry group pledges to cut methane emissions

By: , SA News Editor

  • The Oil and Gas Climate Initiative, which U.S. giants Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) joined just last week, commits to cutting methane emissions to an intensity of 0.25% of all fossil fuel the group of 13 member companies produces by 2025.
  • The pledge could be cut further to 0.2% intensity, which would echo targets set individually by group members BP, Royal Dutch Shell (RDS.A, RDS.B) and XOM to reduce methane emissions.
  • “Our aim is to work towards near zero methane emissions from the full gas value chain in support of achieving the goals of the Paris [Climate] Agreement,” the heads of the OGCI members say.
  • The OGCI represents nearly a third of global oil and gas production and also includes France’s Total (NYSE:TOT) as well as national oil companies of China, Mexico, Brazil and Saudi Arabia.
  • 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