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Posts Tagged ‘Solar Power’

Why doesn’t Shell learn from Exxon?

FROM A SHELL INSIDER

Shell now growing in biofuels? A few years ago Shell was going to corner the solar cell business. That has been closed down. Then Shell was growing the hot air of the windmill business. They also withdrew from a huge UK project. Shell needed reserves so expanded in the tarsand business. The (negative) environmental impact is beyond belief. So that project is scaling down as well for some obscure reason. Of late oilshale is becoming popular again, Shell even recruited a corrupt US official for it so they must be serious. But I predict this will also soon fizzle out. And now strong growth in the biofuel. This will destroy Brazilian rainforests, pressure from environmentalists will be mounting and before too long this will also be scaled down. Billions of capital destruction and no consequences for the people at the top. They resemble exactly like modern day politicians, only good at surviving and reaping personal benefits while it lasts.

Why doesn’t Shell learn from Exxon: remain focused on producing oil and gas and do it profitable. Every year a bit better than the year before. Steady and relentless. But I fear the internal know-how has been replaced by woolly language, political correctness and dependence on contractors who will steal Shell blind because if you cannot do it yourself anymore, you also cannot manage it. There has been no coherent policy for future business for years.

About time Voser wraps it up and sells off Shell in large parcels and get it over and done with.

Showa Shell, Saudi Aramco to form solar power JV

(Reuters) – Japanese oil distributor Showa Shell Sekiyu KK and Saudi Aramco Oil Co plan to jointly set up small-scale solar power facilities in Saudi Arabia next year, the Nikkei business daily reported without citing sources.

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The race is on to create a new world of energy

AN ARTICLE BY JEROEN VAN DER VEER

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A Clean Energy Machine That Works Like the Sun

The goal is to prove that energy can be generated through nuclear fusion — a process akin to how light and heat are produced by the sun. The promise is virtually unlimited amounts of energy from abundantly available sources.

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Solar power companies in plea to maintain green jobs

Several major energy companies, including Shell, BP and Centrica, have said they will axe or reconsider investment in “low carbon” energy such as wind and solar power and carbon capture for coal-fired power stations.

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Sunshine Solution For Showa Shell

Showa Shell Sekiyu has grand designs for its fledgling clean energy business.

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Nikkei reports Showa Shell Sekiyu plans to build one of the world’s biggest solar panel plants

Showa Shell Sekiyu KK leapt 6.1 percent to 1,251 yen after the Nikkei business daily reported the oil refiner plans to build one of the world’s biggest solar panel plants at a cost of more than 100 billion yen ($940 million).

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Showa Shell Shares Gain Most in 4 Months on Solar-Plant Report

Showa Shell Sekiyu K.K., the Japanese unit of Royal Dutch Shell Plc, gained the most in four months in Tokyo trading after a report said it will build a solar-panel plant at a cost of more than 100 billion-yen ($944 million).

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Japan’s Showa Shell to build solar cell plant – report

Showa Shell Sekiyu KK plans to build one of the world’s biggest solar panel plants at a cost of more than 100 billion yen ($940 million), Wednesday’s online edition of Nihon Keizai Shimbun newspaper reported.

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Total outlines post-oil strategy

Mr de Margerie said that though the group was confident about its future as an oil producer, “we must have the courage to say that there will be no more oil by the end of the century”. Total intended to develop activities in three key areas of renewable energy: solar and nuclear power and clean coal.

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