Business Times (Malaysia)
LONDON, Wed: World energy companies have plenty of remaining sources to tap for oil, natural gas and other fuels, yet tapping them will take big investments, Jeroen van der Veer, the chief executive officer of Royal Dutch Shell plc said today.
Writing in the Financial Times, van der Veer cited an International Energy Agency estimate that meeting global needs would take a US$17 trillion (US$1 = RM3.75) investment by 2030.
Companies are seeking to draw more oil out of existing reservoirs, the executive said. They will be drilling for natural gas, and trying to unlock more oil and gas from sand and shale, van der Veer said.
Coal gasification and other techniques can be used if problems of carbon dioxide emissions are minimised, the Shell official said.
The high levels of investment needed over the next few decades make government suggestions of levying windfall taxes “counterproductive” he said. – Bloomberg
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SHELL PROPPED UP APARTHEID
ARTICLE: U.S. unions urge boycott of Shell to fight apartheid: 19 Jan 1986
ARTICLE: Shell, South Africa and Apartheid: 16 Oct 2012
ARTICLE: Shell propped up racist apartheid regime in South Africa: 24 Nov 2012
ARTICLE: The Neptune Strategy:Shell, propped up Apartheid in South Africa: 26 Nov 2012
ARTICLE: Shell accused of benefiting from South African apartheid-era land law: 21 March 2013
ARTICLE: THE CAMPAIGN TO END APARTHEID: 12 Dec 2013
RELEVANT PAGES FROM "A HISTORY OF ROYAL DUTCH SHELL, VOLUME 3, PUBLISHED IN 2007. PREPARED BY SHELL'S PAID HISTORIANS. DEALS WITH SHELL'S SUPPORT FOR APARTHEID
SHELL TOXIC BRANDS
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