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Posts under ‘Maarten Wetselaar’

Gazprom and Shell review progress of joint LNG projects

Published by Will Owen, Editorial Assistant Monday 19 March 2018

Shell and Gazprom representatives have held a working meeting in St Petersburg to discuss the state and prospects of their strategic cooperation in the gas sector.

Alexey Miller, Chairman of the Gazprom Management Committee, led the Gazprom delegation; and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, and his associates represented Shell.

During the meeting, particular attention was paid to joint efforts in the LNG industry, especially the construction of the third train of the LNG plant within the Sakhalin II project. read more and its sister websites, and are all owned by John Donovan

Shell’s electrifying prediction

Extracts from FT article by , Energy Editor, published Sunday 18 February 2018:

Oil majors see their chance in staid world of utilities

Maarten Wetselaar, head of Shell’s “new energy” strategy, predicts the proportion of worldwide energy consumption met by electricity would increase from less than 20 per cent today to about half in coming decades. Mr Wetselaar declines to comment on speculation that Shell’s next target could be the Dutch utility Eneco. But he says: “If we’re going to build a power business that is meaningful to Shell — a real fourth pillar alongside oil, gas and chemicals — we will need to do more of these deals.” read more and its sister websites, and are all owned by John Donovan

Shell takes on Big Six energy giants

Shell said its UK energy would be “significantly organised around solar and wind”CHRISTOPHER FURLONG/GETTY IMAGES

Royal Dutch Shell’s plans to take on the Big Six energy suppliers include buying gas-fired power plants and building wind and solar farms in Britain.

The Anglo-Dutch oil company will use its network of 1,000 petrol stations to market the venture and sign up household and business energy customers, Maarten Wetselaar, an executive director of Shell, said. It aims eventually to offer related services, such as electric car charging in homes. read more and its sister websites, and are all owned by John Donovan

Shell damps down Prelude LNG expectations

by Angela Macdonald-Smith: Nov 29, 2017

Royal Dutch Shell has sewn doubt in the market about an early 2018 start-up of the oil major’s innovative Prelude floating LNG project off the coast of north-west Australia, with chief executive Ben van Beurden signalling that the project will only start contributing noticeably to cash flow in 2019.

While the ramp-up of the $US54 billion (71 billion) Gorgon LNG project in Western Australia was named by Mr van Beurden as among projects named to help grow cash flows next year, Prelude was included in the later batch. read more and its sister websites, and are all owned by John Donovan

Gazprom and Shell Discuss LNG projects and Nord Stream 2

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, took place in St. Petersburg today. read more and its sister websites, and are all owned by John Donovan

Shell Expects Australia Gas Shortage to Trigger Export Restriction

Shell has also formed a trading unit, Shell Energy Australia, that’s already active in the domestic gas market and plans to become involved in electricity to “make this market more competitive and connect supply and demand in the most efficient way possible,” Maarten Wetselaar, the company’s integrated gas and new energies director said at the same Wednesday event. FULL ARTICLE and its sister websites, and are all owned by John Donovan

Shell Invests to Boost Global Gas Demand

Europe’s biggest energy company is investing in projects to boost global gas demand and aims to continue feeding the market it’s nurturing with new liquefied natural gas export plants.

Royal Dutch Shell Plc is supporting the development of gas use in heavy transport such as shipping and is also helping smaller and less credit worthy customers begin importing LNG, Maarten Wetselaar, the company’s director of integrated gas and new energies, said at an event at Bloomberg’s Sydney office Wednesday. As new LNG customers enter the market, that will open a window for Shell and others to develop new low-cost export plants. “I want to create shorts that we can build projects against,” Wetselaar said. “As we develop the market, we’ll need new supply. We will build new LNG projects to serve that market, but as for where, I would be wrong to tell you.” FULL ARTICLE read more and its sister websites, and are all owned by John Donovan

Shell Gas Director Says World Isn’t Oversupplied With LNG Yet

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By Lynn Doan: June 10, 2016 – 10.52 PM BST

Screen Shot 2016-06-06 at 10.26.15For months, banks including Citigroup Inc. have talked about a massive oversupply in the global market for liquefied natural gas. The head of natural gas at Royal Dutch Shell Plc, one of the world’s biggest producers of the fuel, would beg to differ.

“There isn’t really yet the kind of oversupply that people talk about,” Maarten Wetselaar, Shell’s integrated gas and new energies director, said on Friday in an interview in Palo Alto, California. For proof, he said, look at Europe, where natural gas demand gained last year and LNG imports from overseas were little changed. read more and its sister websites, and are all owned by John Donovan

Shell Australia chairman Smith urges LNG industry to drop ego and collaborate

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Angela Macdonald-SmithEnergy Reporter: 15 April 2016

Shell Australia chairman Andrew Smith is set to call on LNG industry leaders to drop their egos and get serious about collaboration to reduce costs, deliver better returns and improve competitiveness.

“We must put collaboration ahead of our industry’s natural desire to immortalise our own activities in concrete and steel,” Mr Smith will tell the LNG18 conference in Perth on Friday.

“Australia’s LNG industry will deliver greater economic value and better international competitiveness when we get better at the sharing of infrastructure on commercial terms.” read more and its sister websites, and are all owned by John Donovan

HERE FIRST TEN DAYS AGO: Lorraine Mitchelmore Fired

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Michael Crothers at Shell E&P Ireland Limited

By John Donovan

On 7 November, we published the first news of the firing of Lorraine Mitchelmore, the President and Country Chair of Shell Canada.

The information, which came from a Shell insider source, was posted on our Shell Blog under the alias of “Manny”

The departure of Lorraine Mitchelmore has been confirmed today by the mainstream media, 10 days later.

She claims that she was not sacked, but stepped down to spend more time with her children.  read more and its sister websites, and are all owned by John Donovan

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Screen Shot 2015-11-04 at 07.57.03Angela Macdonald-Smith: November 4, 2015

Royal Dutch Shell remains unequivocally bullish on prospects for liquefied natural gas despite the current market glut, pointing to several options for new supply projects after its planned $US70 billion ($97 billion) takeover of BG Group and plenty of new markets opening up around the world.

“The fundamentals of this market look as robust now as in the past to us,” chief financial officer Simon Henry told investors overnight Australian time, spelling out Shell’s expectation that global LNG demand will expand at 5 per cent a year to 2030, only modestly lower than the 8 per cent annual growth seen since 2000. read more and its sister websites, and are all owned by John Donovan

Shell Steams Ahead With BG Takeover With Promise of More Savings

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Rakteem Katakey: November 3, 2015:

  • Raises estimates of savings after combination to $3.5 billion

  • Gas business becomes stand-alone unit under Maarten Wetselaar

Royal Dutch Shell Plc said its record takeover of BG Group Plc will still deliver value to investors even in a prolonged oil-industry downturn and reshaped its business in preparation for the acquisition.

Europe’s biggest oil company will save an addition $1 billion in operating costs from the combination with BG, bringing the total estimate of synergies from the deal to $3.5 billion, Shell said in a statement on Tuesday. The takeover will still add to the company’s earnings per share and cash flow from operations even after the outlook for Brent crude prices to 2018 dropped by $10 to $15 a barrel since the deal was announced in April. read more and its sister websites, and are all owned by John Donovan

Appointment of Maarten Wetselaar as Integrated Gas Director

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Maarten Wetselaar, Integrated Gas Director, Royal Dutch Shell Plc

THE HAGUE, the Netherlands, November 3, 2015 /PRNewswire/ —

Royal Dutch Shell plc (“Shell”, NYSE: RDS.A, NYSE: RDS.B)) today announces the appointment of Maarten Wetselaar Integrated Gas Director with effect from January 1st, 2016.

Integrated Gas in Shell has grown into a business that generated $11 billion of cash flow per year average over the last three years, compared to $2 billion in 2009. Integrated Gas is now being established as stand-alone organisation in Shell, reflecting both its enlarged scale and investment potential. In this new role, Maarten will become a member of the Executive Committee of Shell. read more and its sister websites, and are all owned by John Donovan
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