Royal Dutch Shell plc .com Rotating Header Image

Posts under ‘Alternative Fuels’

VW and Shell try to block EU push for electric cars

Screen Shot 2016-04-28 at 20.52.02

Arthur NeslenThursday 28 April 2016 

VW and Shell have united to try to block Europe’s push for electric cars and more efficient cars, saying biofuels should be at heart of efforts to green the industry instead.

The EU is planning two new fuel efficiency targets for 2025 and 2030 to help meet promises made at the Paris climate summit last December.

But executives from the two industrial giants launched a study on Wednesday night proposing greater use of biofuels, CO2 car labelling, and the EU’s emissions trading system (ETS) instead.

read more

Shell chairman joins new climate group involving NGOs

Screen Shot 2016-03-27 at 17.12.46

Screen Shot 2016-04-28 at 20.29.09

Pilita Clark, Environment Correspondent: April 28, 2016

The chairman of Royal Dutch Shell, Charles Holliday, has joined executives from BHP Billiton and other big energy companies on a new body exploring whether some of the fossil fuels that businesses such as theirs produce should stay in the ground.

The chief executive of Germany’s RWE, Peter Terium, has also joined the Energy Transitions Commission, which was set up by certain energy companies, investors and non-governmental organisations…

read more

Shell sidesteps electric bandwagon with petrol-powered concept car

Screen Shot 2016-04-22 at 11.55.13

BEIJING | BY JAKE SPRING: Fri Apr 22, 2016

Royal Dutch Shell PLC (RDSa.L) unveiled a high-efficiency petrol-burning concept car in China on Friday, to show the world’s biggest electric vehicle (EV) market that there is a lot of mileage left in conventional internal combustion engines.

Shell, one of the largest producers of automotive fuel, said it could take decades before EVs help arrest a rise in exhaust emissions, and that its concept car – which it has no intention of mass producing – demonstrates what can be done now.

read more

Shell CEO van Beurden sees a global carbon price as inevitable

Screen Shot 2016-04-13 at 08.38.47
ABC.Net.Au: by Babs McHugh: 13 April 2016

The head of one of the world’s largest oil and gas companies says market forces will eventually result in a global price on carbon.

Royal Dutch Shell CEO Ben van Beurden made the call at the 18th International LNG Conference underway in Perth.

Mr van Beurden also championed the need for greater innovation in accessing new oil and gas reservoirs at acceptable costs, while acknowledging the tough position producers faced.

“Market conditions are pretty challenging,” he said.

“But at the same time new markets are opening up, like Thailand, Pakistan and even Poland.

read more

Exxon and Shell Double Down to Defeat Climate Change Legislation

Screen Shot 2016-04-08 at 15.47.36

Screen Shot 2016-04-08 at 15.48.19

Screen Shot 2016-04-08 at 15.55.29Nika Knight, Common Dreams: April 8, 2016

The dark channels through which corporations influence legislation are notoriously hard to trace, but a new detailed report estimates that the world’s largest fossil fuel companies are spending upwards of $500 million per year to obstruct climate laws.

Published Thursday by the UK-based non-profit InfluenceMap, the report looked at two fossil fuel giants (ExxonMobil and Royal Dutch Shell) and three trade lobbying groups, discovering that all together the five companies spend $114 million dollars a year to defeat climate change legislation.

More significantly, InfluenceMap says, “Extrapolated over the entire fossil fuel and other industrial sectors beyond, it is not hard to consider that this obstructive climate policy lobbying spending may be in the order of $500m annually.”

read more

Sideways moves

Screen Shot 2016-04-03 at 17.07.11

By Ed Crooks: April 1, 2016

Oil prices went sideways all week, with Brent crude edging up above $40 on Thursday.  Hedge funds have made record bets on rising crude prices, but everyone is still watching prospects for the scheduled meeting of Opec and non-Opec oil producers in Doha, Qatar on April 17. Qatar’s oil minister said 12 countries had so far agreed to attend, including most Opec members and Russia. Reuters provided a useful factbox on the countries that could be present at the meeting.  Ecuador is one of the Opec members trying to persuade non-member countries to join in a commitment to freeze production.

read more

Shell hospitality tour for EU diplomats branded ‘PR exercise’ by campaigners

Screen Shot 2016-03-18 at 17.57.26

Arthur NeslenFriday 18 March 2016 

An email seen by the Guardian invites energy attaches from the EU’s 28 countries to visit the Shell technology Centre, take an ‘oil majors and oil paintings’ tour of the Van Gogh Museum, and have lunch with Shell’s president in the Netherlands.

Brook Riley, a spokesman for Friends of the Earth Europe said: “It is disgraceful to see Shell splurging profits from dirty, dangerous gas extraction on a blatant PR exercise, with the full support of the Dutch government. It is no wonder the EU’s energy plans are assuming zero improvements in efficiency or renewables. They are acting as though climate change does not exist.”

read more

Shell worries about climate change, but decides to continue making it worse

Screen Shot 2016-03-15 at 10.32.22

Screen Shot 2016-03-15 at 10.31.31

Screen Shot 2016-02-17 at 08.47.47By Katie Herzog on 14 Mar 2016

Shell Oil released its 2015 annual review last week, and the most surprising thing in it may be how concerned the company is with climate change. It’s hardly what you’d expect from Big Oil, and yet the words “climate change” occur 15 times in the 228 page report. While this may seem minor, it’s a hell of a lot more than climate change is discussed by most other oil monsters (Looking at you, Exxon). Shell, unlike many oil giants, actively acknowledges and even embraces climate action — at least, on paper. “It was encouraging to see governments reach a global climate agreement in Paris in December,” the report reads. “The agreement should now encourage countries to develop policies that balance environmental concerns with enabling a decent quality of life for more people.”

read more

An oilman’s $7 billion refresher course in the economics of drilling and climate change

Screen Shot 2016-03-11 at 20.51.13

To many analysts, it looked like Odum was pushed into leaving.

Steven Mufson March 11, 2016

Marvin Odum, president of Shell Oil, was attending a meeting of the parent company’s executive committee in Singapore when word trickled in that an exploration well drilled in Alaska’s Chukchi Sea — the crowning step in a multi-year $7 billion quest — was a dry hole.

Maybe not bone dry. In a recent interview, Odum wouldn’t say. But in the oil business glossary, a dry hole is one that can’t pay off commercially, and Shell’s hole definitely qualified. The parent company, Royal Dutch Shell, abruptly dropped any further drilling — a setback for the industry, though a relief for environmentalists.

For years, they had fought a vigorous, litigious and politically intense battle over the Chukchi. Meanwhile Shell, lured by potentially rich rewards, had overcome a couple of embarrassing rig mishaps at sea and patiently navigated the courts and the Obama administration’s permitting process. Now, geology had rendered its verdict.

read more

Arctic Was a Bet That Didn’t Pay Off, Departing Shell Chief Says

Screen Shot 2016-02-24 at 23.33.34

Jennifer A Dlouhy: Bloomberg.com: 24 FEB 2016

The departing chief of Royal Dutch Shell Plc’s U.S. division, who presided over its failed quest to find crude in Arctic waters off Alaska, said the effort was still a point of pride because it demonstrated the company’s technical expertise.

Marvin Odum, 57, is leaving the company in a reorganization announced Wednesday. He has been with the company for 34 years and held the post atop its U.S. division, Shell Oil Co., since oil prices were at record highs.

The Arctic was “a big bet,” Odum said in a telephone interview Wednesday. 

read more

Shell replaces U.S. chief, splits unconventionals unit

Screen Shot 2016-02-24 at 23.17.20

HOUSTON | BY KRISTEN HAYS AND RON BOUSSO: Wed Feb 24, 2016 3:42pm EST

Royal Dutch Shell’s U.S. head Marvin Odum will step down after the company abandoned a troubled drilling project offshore Alaska, and the global oil company said on Wednesday it will split up its U.S. shale and Canadian oil sands unit.

Stung by a 70 percent slide in crude prices since mid-2014, Shell this month reported its lowest annual income in more than a decade and pledged further cost saving measures.

The Anglo-Dutch company said on Wednesday its shale resources unit would become part of the global upstream business led by Andy Brown, and its Athabasca Oil Sands Project and Scotford Upgrader in Canada would be folded into the global downstream unit, headed by John Abbott.

read more

We’re drowning in cheap oil – yet still taxpayers prop up this toxic industry

Screen Shot 2016-02-03 at 09.09.42

Screen Shot 2016-02-03 at 09.07.23George Monbiot: 3 February 2016

Those of us who predicted, during the first years of this century, an imminent peak in global oil supplies could not have been more wrong. People like the energy consultant Daniel Yergin, with whom I disputed the topic, appear to have been right: growth, he said, would continue for many years, unless governments intervened. Instead of a collapse in the supply of oil, we confront the opposite crisis: we’re drowning in the stuff.

FULL ARTICLE

Corrib Gas: Was it worth it? Yes.

Screen Shot 2016-01-24 at 20.31.27

Corrib Gas: Was it worth it? Yes.

Screen Shot 2016-01-27 at 09.46.05

Brendan Cafferty: 27 JAN 2016

As the gas starts to flow a member of the pro gas lobby reflects on the controversy

Who is to blame for the delay?

The gas was due ashore in 2002 at a cost of €800 million. It finally arrives at the start of 2016 at a cost of €3.5 billion-€4 billion. Planning such a huge project was, of course, protracted, with EPA and An Bord Pleanála hearings. Kevin Moore, the board’s planning inspector, did at the outset recommend that planning not be granted for the terminal at Ballinaboy, but the board of An Bord Pleanála did not agree with him – something that is not unusual.

read more

Climate Deal’s First Big Hurdle: The Draw of Cheap Oil

Screen Shot 2016-01-26 at 08.04.15

By CLIFFORD KRAUSS and DIANE CARDWELLA version of this article appears in print on January 26, 2016, on page A1 of the New York edition

Barely a month after world leaders signed a sweeping agreement to reduce carbon emissions, the global commitment to renewable energy sources faces its first big test as the price of oil collapses.

Buoyed by low gas prices, Americans are largely eschewing electric cars in favor of lower-mileage trucks and sport utility vehicles. Yet the Obama administration has shown no signs of backing off its requirement that automakers nearly double the fuel economy of their vehicles by 2025.

read more

Despite Climate Concerns, OPEC Plans to Keep Pumping Oil While It Can

Screen Shot 2015-10-15 at 10.33.51

Screen Shot 2015-12-05 at 09.06.23

By STANLEY REED and SARA HAMDANA version of this article appears in print on December 5, 2015, on page B1 of the New York edition

VIENNA — Even as United Nations climate-conference delegates met near Paris on Friday seeking ways to reduce the globe’s dependence on high-carbon fuels like oil, some of the world’s biggest petroleum producers vowed to keep pumping flat out.

The Organization of the Petroleum Exporting Countries said on Friday that it would keep producing oil at current levels, which are estimated to exceed 31 million barrels a day.

read more

BP plc, Royal Dutch Shell and Others up in Arms against Coal

Screen Shot 2015-12-02 at 14.47.20

Screen Shot 2015-12-02 at 14.48.44

Screen Shot 2015-12-02 at 15.19.33

By Micheal Kaufman on Dec 2, 2015

Environmentalists are winning the race against energy companies, as the world tries to adopt environmental-friendlier ways of energy generation. World leaders from over 19 countries and prominent personalities such as Bill Gates and Mark Zuckerberg are at the UN Climate Summit in Paris, which has been ongoing from November 30 and will continue until December 11.

Energy Companies Coming in Front

The growing concern over global warming and rising temperatures has lined up global energy companies such as Royal Dutch Shell, BP plc. (ADR) (NYSE:BP) and Total SA (ADR) (NYSE:TOT). These companies have recently teamed up to support climate change and asked authorities to consider a carbon tax.

read more

Royal Dutch Shell, Exxon Mobil and Glencore: Energy companies risk wasting trillions on uneconomic projects

Screen Shot 2015-11-25 at 12.13.31

Screen Shot 2015-11-25 at 12.17.24

Screen Shot 2015-10-26 at 21.23.40

By Jessica Morris: 25 November 2015

Energy companies risk wasting $2.2 trillion (£1.46 trillion) on uneconomic projects over the next 10 years, according to a new report.

Think tank the Carbon Tracker Initiative’s (CTI) report how fossil fuel firms risk destroying investor returns says energy companies’ focus on fossil fuels at the expense of emerging clean technologies could put them out of kilter with environmental regulation, which will eventually dampen demand.

It comes ahead of next week’s Paris Climate Change Conference (COP21) which is expected to result in, or at least pave the way for, more climate change legislation.

read more

Chad Holliday on the zero-carbon economy

Screen Shot 2015-10-26 at 20.41.37

Screen Shot 2015-10-26 at 20.44.04

Screen Shot 2015-10-05 at 14.03.31Shell’s Chairman Chad Holliday at Fortune’s Brainstorm E

Photo: Stuart Isett—Fortune Brainstorm E

Shell chairman Chad Holliday made news at Brainstorm E, held Sept. 28 and 29, by announcing the creation of a new commission to help the U.S. move to a zero-carbon economy. Why would one of the world’s largest oil and gas companies want to decarbonize? Holliday argued that the U.S. needs to find ways to provide energy to a growing global population without damaging the environment beyond repair: “Shell believes society needs to be net zero carbon by the end of this century.”

He also stressed that fossil fuels will remain part of the mix with the help of, say, carbon-capture technologies. The new Energy Transitions Commission, whose members include Statoil STOHF -1.89% , Dow Chemical DOW 0.28% , and GE GE 0.25% , will act, he said, as a trusted source of information for leaders trying to make their countries and companies more sustainable. —Brian Dumaine

read more

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

Shell to open 400 hydrogen fuelling stations in Germany by 2023

Screen Shot 2015-10-13 at 12.21.31

Shell to open 400 hydrogen fuelling stations in Germany by 2023

Screen Shot 2015-09-17 at 07.55.40by Veselin ValchevWednesday, 14 Oct 2015

Royal Dutch Shell Plc (LON:RDSA) announced yesterday that it has signed a declaration of intent with its H2 Mobility Germany joint venture partners and Germany’s federal transport minister over plans to roll out 400 hydrogen fuel stations by 2023.

The pumps, three of which the venture has already opened and operates, refuel hydrogen fuel cell electric cars – environmentally neutral vehicles, which, however, have struggled to make headway into consumer markets.

“Hydrogen-fuelled electric vehicles could play a key part in a low-carbon, low-emission, future,” said Oliver Bishop, General Manager of Hydrogen at Shell. “H2 Mobility Germany shows what we can achieve through close collaboration between governments and business. The next step is for consumers to embrace this opportunity and consider buying hydrogen vehicles as they become available.”

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

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

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 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

%d bloggers like this: