Royal Dutch Shell Plc  .com Rotating Header Image

Posts under ‘Alternative Fuels’

The Oil Price Tug Of War

By Tom Kool – Aug 15, 2017, 3:00 PM CDT

Oil prices remain in a game of tug of war as conflicting news sends both the bears and the bulls to the sidelines.

• In 2015, the U.S. spent the least on energy in over a decade, largely due to the collapse of oil prices.

• In real terms, the U.S. spent $1.27 trillion on energy in 2015, down 20 percent from a year earlier.

• In inflation-adjusted terms, as well as in terms of percentage of GDP, the expenditures were the lowest since 2004.

SOURCE

Shell and Exxon face censure over claim gas was ‘cleanest fossil fuel’

The Dutch advertising watchdog will on Tuesday censure Shell and Exxon for claiming that natural gas was “the cleanest of all fossil fuels” in an advert earlier this year. It will be the second time this summer that the Netherlands advertising standards board has ruled against the fossil fuels industry… FULL ARTICLE 

Big Oil Follows Silicon Valley Into Backing Green Energy Firms

Major oil companies are joining Silicon Valley in backing energy-technology start-ups, a signal that that those with the deepest pockets in the industry are casting around for a new strategy. From Royal Dutch Shell Plc to Total SA and Exxon Mobil Corp., the biggest investor-owned oil companies are dribbling money into ventures probing the edge of energy technologies. The investments go beyond wind and solar power into projects that improve electricity grids and brew new fuels from renewable resources. read more

Shell Prepares For A Different Energy Reality

: 14 August 2017

Summary

  • This summer has seen the governments of several of the world’s major economies propose to eliminate internal combustion engine vehicles over the next 10-30 years.
  • At the same time, Royal Dutch Shell announced several major clean energy investments over the summer in anticipation of a drop-off in petroleum demand.
  • This article looks at how Shell’s clean energy investments fit into its energy profile forecasts compared to its peers. MAIN ARTICLE
  • read more

    Rise of electric cars challenges the world’s thirst for oil

    by: , Energy Editor: 8 Aug 2017

    Ben van Beurden, chief executive of Royal Dutch Shell, made no attempt to disguise the challenge facing “Big Oil”. Companies must become more discriminating about which oilfields to develop, he said, with only the most low-cost and productive likely to remain competitive. “We have to have projects that are resilient in a world where demand has peaked and will be declining,” he said. “When will this happen? We do not know. But will it happen? We are certain.” FULL FT ARTICLE read more

    In Good Company: Coal miner’s son Jeremy Bentham of Shell comes clean

    Shell sees itself as an energy services company rather than an oil and gas operation, he explains. While it has a strong base in oil and gas, it also has a deep understanding of the chemicals business. Meanwhile, other business streams are constantly evaluated for viability. “We have a very, very strong oil and gas base and that part of the company will remain important for many years ahead,” Mr Bentham says. “But new business developments will go on top of that as these areas eventually diminish. So, we will be a part of broader transitions.” Already, the business has changed. The gas side of the equation overtook oil some time ago. Likewise, the chemicals side will only strengthen as the world ceaselessly seeks efficiencies requiring lightweight solutions and more insulation. In time, there will be solar. Shell is already one of the top marketers of biofuels. It is for reasons such as these that Shell Wind Energy was founded in the 1990s. FULL TIMES read more

    The electric jolt that roused Big Oil

    Jillian Ambrose: 

    Identifying a tipping point is not always easy. But when one of the world’s most powerful oil bosses says he is in the market for an electric car, there can be little doubt. Ben van Beurden, the Royal Dutch Shell boss, last week delivered the clearest indication yet that the burgeoning electric vehicle industry is already hastening the decline of global oil demand. “When that will be is not certain. But that it will happen, we are certain,” he told investors. It was not so much a foil to the group trebling second quarter profits as a statement of intent: for “Big Oil” it is time to adapt or die, and Shell intends to adapt. READ MORE read more

    Shell preparing for world economy that shifts away from oil

    By DANICA KIRKA Associated Press

    Royal Dutch Shell is planning for the day when demand for oil starts fading as major economies move away from oil and increasingly turn to electric-powered cars, Chief Executive Ben van Beurden said Thursday. Van Beurden welcomed recent proposals to phase out passenger vehicles powered by fossil fuels in Britain and France, saying they are needed to combat global warming. Shell is looking at “very aggressive scenarios” as it makes plans to remain competitive in a world that gets more of its energy from renewable sources and less from crude oil, or “liquids,” he said. “The most aggressive scenario – much more aggressive than what we are seeing at the moment, by the way – with maximum policy effect, with maximum innovation effect, can see us peaking in liquids consumption somewhere in the early thirties,” he said as Shell reported second-quarter earnings. FULL ARTICLE read more

    Shell Wakes Up and Smells the Coffee (and Burgers)

    July 27, 2017 12:23 PM EDT

    The image of a driver slurping an iced latte while pulling a Mustang up to the drive-in window of a fast-food joint is either your idea of a capitalist apotheosis or civilization’s decadent demise.

    Or … it’s what flashed through your mind as you listened to Royal Dutch Shell Plc’s earnings call on Thursday.

    Jessica Uhl, Shell’s chief financial officer, at one point talked up the oil major’s marketing business:

    We’re the world’s largest fuel retailer. Every day, Shell serves more than 30 million customers across our 43,000 sites in close to 80 countries. That is more sites than Starbucks; it is more than McDonald’s. read more

    Shell launching its new V-Power with Dynaflex fuels

    Andreas Schaefer, fuel scientist for Shell international. Picture: MARK SMYTH

    Detergents mask fuel quality issues

    Shell is launching its new V-Power with Dynaflex fuels and detergents around the world — but is it just marketing hype in SA, asks Mark Smyth

    27 JULY 2017 – 05:51 MARK SMYTH

    Shell put on a huge show for the launch of its new V-Power with Dynaflex fuels. And not just in SA, because it is rolling out the new fuels to 23 markets around the world this year.

    The company brought in fuel retailers, the media, technology pundits and even petrol attendants from all over SA. It had giant screens, new fuel trucks, demonstration modules, food stalls and lots of leather chairs and couches. It even hired the Kyalami racetrack and its conference centre for the day. read more

    Shell sees oil demand peaking by late 2020s as electric car sales grow

    The prospect of a decline in oil consumption after more than a century of growth as the world switches to burning cleaner fuels is gathering pace. On Wednesday Britain announced plans to ban diesel and gasoline vehicles by 2040, following a similar move by France. “I think they are very welcome announcements, they are also very needed announcements,” van Beurden told reporters after Europe’s biggest oil company reported a sharp rise in quarterly profits. Under the Anglo-Dutch company’s most aggressive scenario of battery-powered vehicles replacing traditional internal combustion engines, consumption of oil will peak in the early 2030s, he said. FULL ARTICLE read more

    Report: Gas could be sidelined by renewables in parts of Australia

    By Daniel J. Graeber: 26 July 2017

    July 26 (UPI) — With Australia monitoring natural gas demand, a consultant group found gas-fired power could get squeezed out in parts of the country as renewables get cheaper.

    FULL ARTICLE

    Shell News Update 10 July 2017

    ‘Big oil’ dismisses predictions of collapse in demand: Financial Times: 10 July 2017

    Saudi Aramco and Royal Dutch Shell acknowledged that a shift towards renewable energy — including battery-powered cars — was under way but said oil and gas would remain indispensable for decades to come. Ben van Beurden of Shell said the transition to low-carbon technologies would “take place over generations” rather than as a rapid “revolution”. READ MORE

    Qatar LNG flows unaffected by crisis: Shell: Reuters: 10 July 2017

    Qatari exports of liquefied natural gas (LNG) remain stable amid ongoing tension between the world’s biggest LNG exporter and its neighbors, an executive for Royal Dutch Shell said on Monday. READ MORE read more

    More Shell News 10 July 2017

    Shell Plans to Spend $1 Billion a Year on Clean Energy by 2020: Bloomberg: 10 July 2017

    Royal Dutch Shell Plc plans to spend as much as $1 billion a year on its New Energies division as the transition toward renewable power and electric cars accelerates. READ MORE

    Shell No.9 in Top 100 greenhouse gas emitters since 1988 read more

    Shell News Update 8 July 2017

    It’s a world of worry for oil companies: Houston Chronicle: 8 July 2017

    Some oil companies have made moves to brace for a future in which oil plays a diminishing role. Many are increasing investments in the production of natural gas, the fuel of choice for generating electricity, and some are investing in renewables. BP, for example, operates a wind farm in West Texas. In June, Royal Dutch Shell announced it plans to acquire MP2 Energy…  Read More

    Nigeria Delta Communities Demand Stake in Ex-Shell Oil Block: Bloomberg: 8 July 2017

    A group of communities in Nigeria’s Niger River delta demanded a stake in an oil block it said it was promised when Royal Dutch Shell Plc sold its share to a local company six years ago. Read More read more

    More Shell News 27 June 2017

    Shell Signs Agreement for Biofuel Technology: CISION: 27 June 2017

    CALGARY, June 27, 2017 /CNW/ – Royal Dutch Shell plc, through its subsidiary Shell International Exploration and Production B.V. (“Shell”), and SBI BioEnergy Inc. have reached an agreement granting Shell exclusive development and licensing rights for SBI’s biofuel technology. Edmonton-based SBI has a patented process that can convert a wide range of waste oils, greases and sustainable vegetable oils into lower carbon drop-ins for diesel, jet fuel and gasoline.

    Russia’s Pipeline Play Has Eastern Europe On Edge: OilPrice.com: 27 June 2017

    If completed, the pipeline would give Russia more than fifty percent of the Germany gas market and potentially increase its share of markets throughout Central and Western Europe. The pipeline is set to be completed in 2019 and is supported by joint-funding from five European energy companies, including Royal Dutch/Shell, Uniper and ENGIE. read more

    %d bloggers like this: