Royal Dutch Shell plc .com Rotating Header Image

Posts under ‘Alternative Energy’

Big Oil’s Murky Climate

Screen Shot 2015-10-17 at 09.17.27

Screen Shot 2015-10-16 at 22.05.20

Big Oil truly is facing a conundrum of biblical proportions

Liam Denning: Bloomberg.com: October 16, 2015

Big Oil is getting religion — sort of.

Ten major oil companies including Royal Dutch Shell, BP and Saudi Aramco declared on Friday that they totally get the climate change thing and would support measures aimed at preventing it. 

Yet, without committing to the most obvious measure to encourage fundamental change — namely, widespread carbon pricing — you could say the Oil and Gas Climate Initiative has taken a leaf from St. Augustine: yearning to be pure, just not quite yet.

The announcement comes ahead of December’s UN climate conference in Paris and not long after a more modern cleric, Pope Francis, took his call for greater efforts to curb carbon emissions directly to Congress.

read more

BP plc, Royal Dutch Shell And Others Declare Joint Action On Climate Change

Screen Shot 2015-10-16 at 21.55.58

Screen Shot 2015-10-16 at 22.24.26

Screen Shot 2015-10-16 at 22.05.20By: Micheal Kaufman: Oct 16, 2015 

Global warming over the past few years has become a major issue. Companies around the world keep on pumping and burning record levels of conventional fossil fuels. Burning of fossil fuels leads to carbon emissions, which are highly detrimental for the environment. Activists have now have taken a stern hand regarding pollution and are urging companies to adopt safer cleaner fuels. President Barack Obama recently also stressed upon the importance of using alternatives, such as natural gas, which are safer for the environment.

read more

Will Shell-funded Energy Transitions Commission help or hinder the low carbon economy?

Screen Shot 2015-09-25 at 13.43.44

Screen Shot 2015-08-13 at 11.35.25By Jessica Shankleman  |  25 Sep 2015

Will Shell-funded Energy Transitions Commission help or hinder the low carbon economy?

Oil giant Shell is backing a new organisation that is being set up to lobby governments to step up their investments in low carbon technologies, with the twin aims of boosting economic growth and tackling climate change.

But the new Energy Transitions Commission, which is due to launch on Monday with €5m to €7m of funding, has already come under fire from some green groups who fear Shell may be using the initiative to further its own aims, particularly its controversial Arctic drilling programme.

read more

Shell, Statoil among energy companies forging climate advice group

Screen Shot 2015-09-09 at 08.07.52

Screen Shot 2015-09-25 at 08.15.31

Screen Shot 2015-08-27 at 14.29.46Green Business | Thu Sep 24, 2015 

Representatives from energy companies including oil heavyweights Shell and Statoil have joined forces to advise on making cleaner energy decisions, the latest push by energy firms to become more pro-active on climate issues.

Shell Chairman Chad Holliday, Statoil Vice-President Bjorn Otto Sverdrup and RWE Chief Executive Peter Terium are among a list of commissioners acting in a personal capacity to advise governments on how to change their energy markets without damaging the environment.

read more

Shell to advise governments on climate change!!!

Screen Shot 2015-08-14 at 22.00.17

Screen Shot 2015-09-24 at 18.03.12

Screen Shot 2015-09-01 at 23.33.36Sep 24 2015, 11:59 ET | By: Carl Surran, SA News Editor

Royal Dutch Shell (RDS.A, RDS.B), BHP Billiton (NYSE:BHP) and GE are teaming up with the McKinsey consultancy and other large companies to advise governments on how to combat global warming without weakening their economies, Financial Times reports.

The companies also are backing a $6M “energy transitions commission” to create a blueprint for a greener global economy in the next 15 years.

But the commission, due to be formally unveiled at a conference in Texas on Monday, already is under fire from some environmental groups who ask if a body supported by fossil fuel companies can offer objective guidance on global warming.

read more

Volatile’ oil price hard to predict, says Shell boss

Screen Shot 2015-07-02 at 20.32.37

Screen Shot 2015-09-17 at 08.01.41

Screen Shot 2015-07-30 at 08.23.47

Royal Dutch Shell chief executive Ben van Beurden has told the BBC a recovery in the price of oil is hard to foresee.

“It is a very, very volatile business in terms of supply and demand. The oil price responds to very small mismatches between supply and demand,” he told BBC Radio 4’s Today programme.

The price of oil has roughly halved in the past year, to just under $50 (£32) per barrel.

Goldman Sachs predicted earlier this month it could fall as low as $20.

When asked where oil prices may go next, he told the BBC: “The honest answer to that is I don’t know.”

read more

Jewell says ‘Keep It in the Ground’ movement simplistic, country too reliant on fossil fuels

Screen Shot 2015-09-16 at 15.00.32

Screen Shot 2015-09-16 at 14.58.29

The Kulluk is an Arctic drill rig owned by Royal Dutch Shell. In 2012, the rig ran aground off Sitkalidak Island near Kodiak Island. The highly publicized incident was used by drilling opponents as an example of Shell’s lack of qualifications to drill in the Arctic. (Photo by Petty Officer 1st Class Sara Francis/U.S. Coast Guard)

By Liz Ruskin, APRN-WashingtonSeptember 16, 2015

Hundreds of environmental groups are uniting under a new banner to curtail greenhouse gas emissions. It’s called: “Keep It in the Ground.”

They’re asking President Obama to stop new petroleum leases on public lands. Interior Secretary Sally Jewell rejected the idea in a meeting with reporters today.

read more

Shell’s big gamble: Oil wrangling at the far reaches of the Arctic frontier

Screen Shot 2015-09-07 at 10.56.20

Screen Shot 2015-09-11 at 17.56.00

Screen Shot 2015-09-11 at 18.06.44

By Steven Mufson September 11

Shell Oil Co.’s president Marvin Odum made the trip on Sept. 2 from Houston to this northern-most town in the United States, a spot whose traditional name, Ukpeagvik, means “place where snowy owls are hunted.”

Odum is here hunting, too, for oil offshore and political support from Alaska Natives living in Barrow, a ramshackle town of muddy streets, littered with all-terrain vehicles and guarded by snow fences on one side and on the other a four-foot-high earthen berm to protect against high winds and seas.

read more

Mr. Obama’s Urgent Arctic Message

Screen Shot 2015-06-26 at 22.33.13

Screen Shot 2015-09-02 at 08.10.03

Screen Shot 2015-09-01 at 23.33.36By THE EDITORIAL BOARD SEPT. 1, 2015

A version of this editorial appears in print on September 2, 2015, on page A24 of the New York edition

A presidential trip has enormous power to focus attention on a place and an issue, and President Obama’s trip to Alaska has been minutely choreographed with visits to glaciers, threatened Inuit villages and the like to provide a stunning and alarming context to his message on the urgent need to address climate change.

Four times in a 24-minute speech in Anchorage he declared that “we’re not acting fast enough,” a message especially true in the countdown to December’s United Nations climate conference in Paris. This will be the most ambitious effort by the world’s nations to produce an equitable deal on reducing greenhouse gases, and the United States, as the world’s second-largest emitter of carbon gases (after China), must be at the forefront of the effort.

read more

Alaska seeks balanced energy agenda

Screen Shot 2015-09-02 at 08.01.51

Screen Shot 2015-09-02 at 08.00.13

Screen Shot 2015-09-01 at 23.33.36State leader sees the oil era ending, but development still vital to Alaska’s economy.

By Daniel J. Graeber     |   Sept. 1, 2015 

ANCHORAGE, Alaska, Sept. 1 (UPI) — Alaska needs to exploit its vast natural resources, but do so in a way that heeds the growing threats of climate changes, the state’s lieutenant governor said.

President Barack Obama is in Alaska touting the dual agenda of taking the steps needed to slow the impacts of climate change while ensuring state revenue from the oil and gas industry remains durable. Obama’s plan to cut greenhouse gas emissions while at the same time signing off on arctic drilling permits for Royal Dutch Shell has earned both praise and condemnation.

read more

Obama defends Shell Arctic drilling decision

Screen Shot 2015-08-29 at 14.41.46

Screen Shot 2015-08-29 at 14.42.20

Screen Shot 2015-08-13 at 11.35.25By AFP 29 August 2015

Two days before heading to Alaska to raise climate change awareness, US President Barack Obama on Saturday defended his controversial decision to allow Shell to drill in the Arctic’s Chukchi Sea.

The Obama administration’s green light for the Anglo-Dutch oil giant angered environmental groups which have decried the “hypocrisy” of the president, who in recent months has stressed the need for aggressive actions against climate change.

Opponents note how the decision comes in the run-up to the UN climate conference in Paris in December. The meeting is seen as crucial in efforts to forge an agreement to curb international emissions.

read more

The usual dubious antics of Greenpeace

Posting on our Shell Blog by a Long Term Regular Contributor, “LondonLad,” a retired Shell Executive: Aug 28th, 2015 

Screen Shot 2015-07-31 at 19.23.29

Found the following on Greenpeace and their usual dubious antics (much more on them in the article at :
https://www.activistfacts.com/organizations/131-greenpeace/

Greenpeace is the largest environmental organization in the world, with an international membership of over 3 million and offices in over 40 countries. Forbes magazine once described it as “a skillfully managed business” with full command of “the tools of direct mail and image manipulation — and tactics that would bring instant condemnation if practiced by a for-profit corporation.” But Greenpeace has escaped public censure by hiding behind the mask of its “non-profit” status and its U.S. tax exemption. In other countries, however, Greenpeace has not been as lucky: Both Canada and New Zealand have revoked the organization’s non-profit status, noting that the group’s overly politicized agenda no longer has any “public benefit.”

read more

Shell Leaves ALEC, Is Still Terrible

Screen Shot 2015-08-27 at 13.56.22

Screen Shot 2015-08-27 at 14.10.33

Screen Shot 2015-08-27 at 13.59.54

Shell remains one of the dirtiest, corrupt and dangerous companies ever known, and no amount of green-washing can hide that simple fact.

Derrick Crowe: 27 August, 2015

Earlier this month, Royal Dutch Shell announced it would allow its membership in the American Legislative Exchange Council, or ALEC, to expire. ALEC is a major force behind the scenes in the effort to stall official policies that would combat climate change. Shell’s extraction from ALEC is part of a larger ongoing effort to position the company as concerned about the environment, responsible, and supportive of efforts to mitigate climate change.

Don’t believe it for a second.

read more

Former BP chief exec warns Shell about Arctic drilling

Former BP chief exec warns Shell about Arctic drilling

Screen Shot 2015-08-14 at 09.31.18Kamala KelkarAugust 13, 2015

The former chief executive of BP, who headed the company during a spate of nasty disasters including the biggest ever pipeline spill in the North Slope, warned Shell that drilling in the Arctic could hurt its reputation.

Former BP CEO Lord Browne told BBC News that he’s never been a supporter of “right-on-the-margin development” and that Arctic drilling is expensive.

Browne was head of BP in 2006, when the company pipeline spilled more than 200,000 gallons of crude oil in Prudhoe Bay resulting in a fine of $25 million. He was also in charge when a Texas City refinery exploded in 2005 and killed 15 people, and during the propane-market-manipulation case that resulted in civil and criminal penalties and a $303 million settlement.

read more

Green groups warn Shell boss over ‘reckless’ pursuit of Arctic oil

Screen Shot 2015-08-14 at 08.18.38

Green groups warn Shell boss over ‘reckless’ pursuit of Arctic oil

Screen Shot 2015-08-13 at 11.35.25EXCLUSIVE: WWF chief executives write to Ben Van Beurden as Greenpeace and Oil International unveil new report highlighting Arctic drilling risks

By Jessica Shankleman  |  14 Aug 2015

Green groups have stepped up pressure on Shell over its plans to drill for oil in the Arctic, with WWF leaders writing directly to the oil giant’s chief executive to express their “profound alarm” at the project.

In a letter sent on Wednesday and seen by BusinessGreen, David Nussbaum and Johan van de Gronden, chief executives of the UK and Netherlands branches of WWF, warned Shell chief executive Ben Van Beurden Arctic drilling would derail efforts to reduce greenhouse gas emissions.

read more

Shell backs plans to fire giant bullets into ground to reach geothermal energy

Screen Shot 2015-07-25 at 09.13.56

Screen Shot 2015-07-25 at 09.22.52

  • Screen Shot 2015-06-11 at 19.31.15HyperSciences has been awarded a $1 million grant from Shell
  • It has a patent on a new type of ram accelerator for geothermal energy
  • ‘Gun’ will repeatedly fire projectiles at 4,500mph (2 km/s) to blast holes
  • Company claims the technique is ten times faster than traditional drilling

By ELLIE ZOLFAGHARIFARD FOR DAILYMAIL.COM: 25 July 2015

Screen Shot 2015-07-25 at 09.15.29

Pictured is a head-on view of the projectile HyperSciences will use to bore into the Earth’s crust

The answer to Earth’s energy crisis could lie a few thousand feet beneath the planet’s surface.

Here, scientists are hoping a nearly limitless amount of geothermal power will provide enough energy to replace Earth’s rapidly depleting fossil fuel resources.

But harnessing this renewable energy source is currently a slow and expensive process, with costs ranging from $5 million to $20 million.

Now one company believes it has a solution; repeatedly firing projectiles at 4,500mph (2 km/s) to blast deep holes in the ground. 

read more

Shell’s Positioning For Better Russia And Iran Relations Is Part Of Its Global Gas Strategy

Screen Shot 2015-07-24 at 09.09.16

Screen Shot 2015-07-24 at 09.10.10

Screen Shot 2015-06-18 at 22.09.48Zoltan Ban: 23 July 2015

Summary

  • Shell has been showing long-term interest in moving more towards natural gas for a while, with natural gas production surpassing its oil production in 2013.
  • Aside from its major acquisition of BG group, it is forming an alliance with Gazprom and is looking to be among the first in Iran.
  • The overall big picture suggests that Shell is giving up on North American shale gas and focusing on being a major player in conventional gas and LNG.

Before Royal Dutch Shell (RDS.A, RDS.B) acquired BG Group, it was already a major player in the gas industry. Its upstream production has been more than half natural gas since 2013 already. It is constantly looking to expand its downstream presence, with plans such as the ethylene plant it wants to build in Pennsylvania, in order to take advantage of the cheap gas in the North-Eastern part of the United States. It also has a gas to liquids plant in Qatar, which is the world’s biggest. It should be no surprise then to see Shell actively involved in setting up a tighter partnership with both Russia and Iran.

read more

Shell to drop ‘Oil’ from its name? Um, no.

Screen Shot 2015-07-16 at 08.37.18

Screen Shot 2015-07-16 at 08.38.17

By Tony Dokoupil: 15 July 2015

It seemed like a hopeful sign of the times: News that Shell Oil might soon drop the word “oil” from its name. British Petroleum made a similar move not long ago, rechristening itself as BP, a company with a vision “beyond petroleum.”

But alas, Shell is not changing its name. “We are not,” Shell spokesperson Curtis Smith told msnbc in a brief statement, the company’s first definitive denial of the rumor.   

As if to prove the point, Shell Oil—the U.S. unit of Royal Dutch Shell, Europe’s biggest oil company—is right now amassing a multi-billion dollar team in Alaska. In the days to come, it plans to drill in the icy waters offshore, opening the largest untapped oil reserve on the planet. While in the area, it will not be putting up solar panels and praying to the sun gods.

read more

Shell U.S. Unit May Drop ‘Oil’ From Name in Sign of Times

Screen Shot 2015-07-10 at 08.10.33

by Gerrit De Vynck: 9 July 2015

The U.S. unit of Royal Dutch Shell Plc may soon drop the word “oil” from its name in a move that would symbolize its transition to other sources of energy, an executive said.

With Shell Oil Co.’s parent focusing more on natural gas and looking at other energy alternatives, the oil in the name “is a little old-fashioned, I’d say, and at one point we’ll probably do something about that,” Marvin Odum, director of the company’s upstream Americas business, said Thursday at the Toronto Global Forum.

read more

Royal Dutch Shell Seeks Funding For Carbon Capture Project

Screen Shot 2015-06-13 at 09.25.05

Screen Shot 2015-06-29 at 15.57.33

By: MICHEAL KAUFMAN: Jun 29, 2015 

Global warming concerns have been receiving more and more media attention, as major oil companies also plan to address the issue, considering its potentially adverse effect on the environment.

Goldeneye, an abandoned offshore natural gas production platform that is connected to the Scottish coast via a 100 kilometer long pipeline, could soon be used to deposit carbon dioxide well below the Earth’s surface. Once operated by Royal Dutch Shell plc (ADR) (NYSE:RDS.A), the project could become the world’s first carbon capture and storage (CCS) project that uses a power station, fuelled by natural gas. The European energy major is looking to the UK government to release one billion GBP in funds for the company to develop the project, the Financial Times has reported.

read more

Malcolm Brinded still connected with Shell

Screen Shot 2015-06-27 at 12.49.35

Screen Shot 2015-06-27 at 12.55.27Brinded speaks out on sustainable and accessible energy

Written by  OE Staff: Friday 26 June 2015

Speaking this week as the 2015 recipient of the Energy Institute (EI)’s Cadman Award, Malcolm Brinded, chairman of Shell Foundation, has called for increased focus on breakthrough technology and business innovations to respond to the challenges of international development, climate change and urbanization – while meeting the world’s growing demand for energy.

“Today five billion people consume less than one third of the world’s energy, whilst two billion of us consume more than two thirds,” said Brinded, while addressing 180 energy professionals in London. “Two billion poor are completely without reliable and affordable energy. And 1.2 billion live entirely without electricity.”

read more

Shell and The Science Museum’s toxic relationship has just been exposed

Screen Shot 2015-06-08 at 11.49.21

Screen Shot 2015-06-08 at 11.50.41

Screen Shot 2015-05-18 at 09.56.22The true nature of big oil sponsorships was exposed last week, after it was discovered that Shell had sought to influence the content of the climate change exhibition “Atmosphere”, which it sponsors at the Science Museum.

Emails obtained via Freedom of Information requests show how the company positioned its own staff as advisors: “Regarding the gallery update, can I check whether you have touched base with David Hone to see if he would like to participate in the content refresh?” read one email from May last year.

read more

Shell’s Former Chairman Made a Startling Comment About Climate Change

Screen Shot 2015-06-05 at 21.18.34

Chris Matthews/Fortune

Screen Shot 2015-06-05 at 21.20.48

Screen Shot 2015-06-05 at 21.29.09Sir Mark Moody-Stuart calls for divestment in fossil-fuel companies

When the oilmen themselves are arguing for stronger action to fight climate change, it’s probably time to start acting.

Sir Mark Moody-Stuart, the former chairman of oil giant Royal Dutch Shell, said that the lack of progress the world has made on climate change is, “distressing,” and that it was “rational” for investors to start divesting their money from companies that extract fossil fuels, according to a report in The Guardian.

According to the paper, “His striking remarks are the most supportive of divestment made by any senior figure in the fossil fuel business.”

read more

Shell’s former chair calls fossil fuel divestment ‘rational’

Screen Shot 2015-06-05 at 08.35.50

Shell’s former chair calls fossil fuel divestment ‘rational’

By Steve Hargreaves: 4 June 2015

The former chairman of Royal Dutch Shell said selling oil stocks is a “rational” response to the failure of the oil industry to take meaningful action on climate change.

He is the latest to lend support to the growing campaign for investors to dump shares of fossil fuel companies.

“Divestment is a rational approach,” Mark Moody-Stuart was quoted by the Guardian as saying during a recent dinner in London. “If you think your money can be used somewhere else, you should switch it. Selective divestment or portfolio-switching is actually what investors should be doing.”

read more

Fossil fuel divestment is rational, says former Shell chairman

Screen Shot 2015-05-12 at 22.10.00

Screen Shot 2015-06-04 at 12.24.56Fossil fuel divestment is rational, says former Shell chairman

read more

European Big Oil Opens Schism on Climate With U.S. Rivals

Screen Shot 2015-06-02 at 09.38.51

Article by Tara Patel and Javier Blas published 1 June 2015 by Bloomberg.com 

The heads of Europe’s largest oil and gas companies joined together for the first time to call for governments to agree on carbon pricing at a United Nations climate summit, opening a schism with their American rivals.

“It’s clear that the subject isn’t viewed in the same way on both sides of the Atlantic,” Total SA Chief Executive Officer Patrick Pouyanne, one of the signatories, said on Monday at a press conference in Paris. “We are working with those who come forward.”

The banding together on climate-change policy by BP Plc, Eni SpA, Royal Dutch Shell Plc, Statoil ASA, Total and BG Group Plc is unprecedented and follows comments by some of their CEOs calling for the industry to be part of the debate on a deal limiting greenhouse gases. It also highlights division within the sector as the top American companies, Exxon Mobil Corp. and Chevron Corp., decided to stay out of the European initiative.

read more

Did Royal Dutch Shell Try To Manipulate Science Museum Climate Program?

Screen Shot 2015-05-26 at 22.57.51

Screen Shot 2015-06-01 at 21.52.05

By: MICHEAL KAUFMANPublished: Jun 1, 2015

According to internal documents seen by The Guardian, questions are raised over whether Royal Dutch Shell plc (ADR) (NYSE:RDS.A) attempted to steer the course of the presentation of a climate change program that the oil giant was sponsoring at the Science Museum in London. The company questioned the museum over a section of the project that provides non-governmental organizations (NGOs) a chance to highlight issues that are of concern to them pertaining to Shell’s operations.

read more

Royal Dutch Shell, BP plc Seek UN Support Over Carbon Pricing

Screen Shot 2015-05-26 at 22.57.51

Screen Shot 2015-06-01 at 14.13.15

By: MICHEAL KAUFMAN: Published: Jun 1, 2015

Major oil exploration and production companies in Europe are coming together to seek the United Nations’ support for the first time, in putting forward a plan that will apply brakes to global warming.

As pressure mounts on oil companies over concerns of climate change, company executives have moved to hold direct talks with government officials ahead of a UN meeting, scheduled to take place in December this year in Paris, the Financial Times (FT) reported on Sunday.

read more

Shell Has Got Its Climate Policy Wrong: Economist Nick Stern

Screen Shot 2015-05-26 at 22.57.51

Screen Shot 2015-05-30 at 09.58.35

By: MICHEAL KAUFMANPublished: May 29, 2015 

At the Guardian Business debate on divestment in Kings Place, London, prominent Economist Nick Stern said that Royal Dutch Shell plc (ADR) (NYSE:RDS.A) wants investors to bet against the world taking action on climate change. He said that the oil giant and other hydrocarbon companies were pulling in the wrong direction, on the progress that will be made in renewable technology in the coming two-three decades.

He was of the view that despite hydrocarbon companies like Shell saying that the policies that will keep global warming to 2C will not be adhered to, they had to tell those energy companies that their forecasts were wrong. He said that they had to try to get the people to make sure that those policies will be implemented.

read more

Shell CEO backs fossil fuels, climate change warnings -Guardian

Screen Shot 2015-05-11 at 21.08.07

Screen Shot 2015-05-22 at 21.49.34Markets | Fri May 22, 2015 7:35pm EDT

Shell CEO backs fossil fuels, climate change warnings -Guardian

The world’s fossil fuel reserves cannot be burned unless some way is found to capture their carbon emissions, Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden said on Friday.

In an interview published in Britain’s Guardian newspaper, Van Beurden forecast that global energy use would produce “zero carbon” by the end of the century, and that his group would get a “very large segment” of its earnings from renewable power.

The interview came a day after Van Beurden slammed as a “red herring” calls to divest from energy companies as part of the fight against climate change, in particular the “Keep it in the Ground” campaign led by the Guardian.

read more

Shell boss endorses warnings about fossil fuels and climate change

Screen Shot 2015-05-12 at 22.10.00

Screen Shot 2015-05-22 at 21.47.18

Screen Shot 2015-05-22 at 21.49.34

Ben van Beurden, chief executive of Shell, acknowledges that we cannot burn all the world’s fossil fuel reserves without risking a breach of the 2C limit needed to prevent catastrophic climate change. Photograph: Bloomberg/Getty

Terry Macalister and Damian CarringtonFriday 22 May 2015 

read more

Shell, climate change and a question of reality

Screen Shot 2015-05-18 at 09.56.22By John Donovan

Royal Dutch Shell CEO Ben van Beurden is said to have lambasted fossil fuel critics at the Shell AGM yesterday, accusing them of ignoring reality.

Two days earlier, Terry Macalister of The Guardian, who has always been scrupulously fair in his comments and reporting in relation to Shell, seemed to suggest that it is Mr Van Beurden who is having a problem in relation to the reality of climate change. 

Extract from his excellent article “The real story behind Shell’s climate change rhetoric”

read more

SHELL CLUELESS IN SEATTLE

Screen Shot 2015-05-19 at 18.01.34SHELL DOESN’T HAVE A CLUE ABOUT THE ENERGY OF THE FUTURE, NOT A CLUE!!

SOLAR IS THE ENERGY OF THE FUTURE.

PRODUCING ENERGY FROM OIL IS STONE AGE TECHNOLOGY. A SOLAR ENERGY REVOLUTION IS WELL UNDER WAY NOW.  YOU ARE RUNNING OUT OF TIME. INVEST NOW IN SOLAR AND WIND ENERGY PRODUCTION. OH, AND GET YOUR RIG THE HELL OUT OF SEATTLE. YOU ARE NOT WANTED THERE!!

AND ONE MORE THING, IF SHELL HAD ANY BRAINS, YOU WOULD AT LEAST BE BUYING STOCKS IN THE TESLA CORPORATION.

read more

Shell Lobbied EU To Favour Gas Over Renewables – The Guardian

Screen Shot 2015-04-27 at 12.33.30Article by Joshua Warner published Monday 27April 2015 by Alliance News

PRESS: Shell Lobbied EU To Favour Gas Over Renewables – The Guardian

LONDON (Alliance News) – Royal Dutch Shell PLC successfully lobbied to undermine European renewable energy targets, in favour of the expanded use of gas, ahead of a key agreement on emissions cuts reached in October last year, according to newly released documents obtained by The Guardian newspaper.

Citing documents it received under the Freedom of Information Act, the newspaper said Shell began lobbying the then European Commission president, Jose Manuel Barroso, since 2011 to scrap the European Union’s formula for linking carbon-cutting goals with binding renewable energy laws.

read more

Guardian Media Group to divest its £800m fund from fossil fuels

Screen Shot 2015-04-02 at 09.56.26

From an article by Damian Carrington  published Wednesday 1 April 2015  by The Guardian newspaper

Guardian Media Group to divest its £800m fund from fossil fuels

The Guardian Media Group (GMG) is to sell all the fossil fuel assets in its investment fund of over £800m, making it the largest yet known to pull out of coal, oil and gas companies.

The decision was justified on both financial and ethical grounds…

FULL ARTICLE

Why The Oil Price Could Fall Even Further

Screen Shot 2015-01-12 at 08.45.23From an article by Prabhat Sakya published 24 March 2015 by The Motley Fool under the headline:

BP plc And Royal Dutch Shell plc: Why The Oil Price Could Fall Even Further

The oil price has fallen dramatically since last summer. This has meant difficult times for the oil producers, including companies such as BP and Royal Dutch Shell.

…people have been buying more fuel-efficient cars, and there has been huge investment in technologies such as hybrid, electric and fuel cell vehicles.

So supply has been steadily increasing, and demand has been falling, and the world now has too much oil. Oil prices have begun a downtrend; and I don’t think that this fall will just last a few months, before bouncing back.

read more

The credibility of Royal Dutch Shell oil demand forecasts

By John Donovan

Forecasts of future oil demand and oil prices made by Royal Dutch Shell CEO Ben van Beurden have been widely reported.

See syndicated Reuters article.

He is not exactly a disinterested independent observer, as his personal income and the well-being and profitability of the oil company he leads, depends on these issues.

Some might consider his forecasts to be wishful thinking.

It is an appropriate moment to look back on directly related forecasts made 7 years ago by one of his predecessors.

read more

Oil Prices Start Week in Negative Territory

Screen Shot 2015-01-13 at 09.23.28From an article by Georgi Kantchev published by the Wall Street Journal 19 Jan 2015 unde the headline:

“Oil Prices Start Week in Negative Territory”

Extract

LONDON—Oil prices started the week in negative territory on expectations that a sustained recovery is still a long way off. …analysts said they see little evidence that the combination of oversupply and sluggish demand that has pummeled prices since last summer is abating. “Despite a nearly 60% fall in oil prices since mid-2014, oil market balances remain weak, with prospects of a recovery looking dim until the latter months of 2015…”

FULL ARTICLE

From an article by Ladane Nasseri published by Bloomberg on 19 Jan 2015 under the headline: 

“Iran Blames Oil-Price Plunge for Delay in Saudi Visit”

Extract

A meeting between the foreign ministers of OPEC’s Iran and Saudi Arabia was delayed in part due to discord over falling crude prices, said Hossein Amir-Abdollahian, Iran’s deputy foreign minister for Arab and African affairs.

read more

Oil prices continued their collapse on Friday

Screen Shot 2014-12-13 at 09.19.40Oil prices continued their collapse on Friday… The new rout began Friday morning… Gas prices will continue to be in a free fall as long as crude oil is searching for a bottom,” the AAA motor club reported on Friday.

From an article published by The New York Times on page B1 of the New York edition dated 13 December 2014

Oil Prices Fall Again, and Stocks Follow Suit

Extracts

Oil prices continued their collapse on Friday as evidence mounted that the frenzy of American oil production would continue well into 2015 even while growth in global demand was declining.

The global benchmark for crude approached $60 a barrel — down more than 3 percent on the day and roughly 45 percent since the summer. And the American benchmark continued its free fall as well, to below $58 a barrel, down around 4 percent. A day earlier, it sagged below $60 a barrel in the United States for the first time since 2009.

read more

EXXONMOBIL TAKE ON GLOBAL ENERGY OUTLOOK

Screen Shot 2014-11-17 at 15.01.44

Screen Shot 2014-12-12 at 00.04.28

By: MICHEAL KAUFMAN
Published: Dec 10, 2014 at 10:02 am EST

Exxon Mobil Corporation(NYSE:XOM) revealed its annual energy outlook yesterday and maintained its stance despite the fact that crude price has declined 40% since its peak in late-June. This has resulted in energy companies slashing down their capital spending plans and slowing down growth in production. Furthermore, countries that have heavily relied on revenue generated by exporting crude oil have also come under immense pressure due to significant decline in proceeds generated from the exports.

read more

How Church’s Leaning Toward Renewable Energy Will Affect BP and Shell

Screen Shot 2014-11-17 at 15.01.44

Screen Shot 2014-12-05 at 21.48.03

By: MICHEAL KAUFMAN
Published: Dec 5, 2014 at 10:29 am EST

Companies engaged in the oil businesses are increasingly in the limelight and under pressure to adopt techniques that will assure minimum carbon emissions into the environment. In a recent development, the Church of England (COE) has urged BP plc. (ADR) (NYSE:BP) and Royal Dutch Shell plc. (ADR) (NYSE:RDS.A) to cut carbon emission levels and invest more in renewable energy. The COE, along with church commissioners, that manage a $9.5 billion investment portfolio, and the Church of England’s pension board that manages a $2.34 billion fund, both plan to file shareholder resolutions on climatic change in the next four weeks.

read more

Shell’s Soccer Field Greenwash

Screen Shot 2014-10-30 at 09.22.43From a Forbes article by Alex Epstein: Shell’s “Footstep-Powered” Soccer Field Will Never Work

Oil giant Shell claims in its #makethefuture campaign that it is promoting renewable energy and helping a poor community in Brazil by bringing it “the world’s first football pitch powered by footsteps.” It has told 1.6 million YouTube viewers and counting that this an idea “that could change the world.”

Don’t believe it.

FULL ARTICLE

Declining coal production in the U.S.

From a Regular Contributor

The following link is about the approaching end of cheap and easy coal from the surface mines in the Western part of the US, specifically Wyoming. These reserves are approaching depletion. That is good for the planet but not necessarily good for electricity consumers in the US, China, and Europe.

The end of cheap easy coal? – Mountain Town News

However, the cost of renewable energy keeps dropping and is now almost cost competitive with coal, given that the price per ton of coal has doubled in the last 10 years.

read more

‘Solar’ jet fuel made out of thin air

Screen Shot 2014-02-10 at 16.29.29Extract from a Chemistry World article by Jon Cartwright published 2 May 2014

The dream of producing hydrocarbon fuels from carbon dioxide and sunlight is one step closer thanks to chemists in Europe who have made jet fuel from scratch in a solar reactor for the first time. Although the chemists only produced enough kerosene to fill a glass jar, they believe a full-scale solar concentrator could produce 20,000 litres of jet fuel a day.

Various methods have been tried to effectively remove oxygen from syngas, but the one settled on by the Solar-Jet team was the use of cerium oxide, or ceria.

read more

Oil giant says profits are assured

Screen Shot 2014-04-09 at 00.23.56Extracts from an article published by Eco-Business 28 May 2014

Shell, the world’s largest oil company, believes that governments will not damage its business by taking rapid action on climate change, and says all its oil reserves will be needed and sold at a profit.

In a robust reply to a recent report by the Carbon Tracker Initiative, Shell explains the company reasoning for investing in tar sands and other high cost and difficult-to-extract oil reserves. It says that an ever-expanding global economy, fuelled by population growth and great prosperity, will need more and more oil and gas at least until 2050. This will support high prices.

read more

BT, Shell and corporates call for trillion tonnes of carbon to stay in the ground

Screen Shot 2014-04-09 at 00.23.56Extract from an article published Tuesday 8 April 2014 by The Guardian newspaper

Unilever, Shell, BT, and EDF Energy are among 70 leading companies today calling on governments across the globe to step up efforts to tackle climate change.

The companies, which have a combined turnover of $90bn, say the world needs a “rapid and focused response” to the threat of rising global carbon emissions and the “disruptive climate impacts” associated with their growth.

FULL ARTICLE

Showa Shell Solar Unit to Invest 13 Billion Yen in Panel Plant

Screen Shot 2013-12-11 at 00.15.23

By Chisaki Watanabe Dec 19, 2013 7:13 AM GMT

Solar Frontier K.K., a unit of Japan’s Showa Shell Sekiyu K.K. (5002), will invest 13 billion yen ($125 million) to build a solar panel plant north of Tokyo.

The plant in Miyagi prefecture will have annual production capacity of 150 megawatts and will begin operating by March 2015, the company said in a statement today.

Solar Frontier’s largest plant, which can produce 900 megawatts per year, is in the southwestern prefecture of Miyazaki. The company makes panels using copper, indium, gallium and selenium, known as CIGS.

read more

%d bloggers like this: