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Reuters

Shell to join clean hydrogen project in Norway

July 12, 202110:43 AM

OSLO, July 12 (Reuters) – Shell (RDSa.L) will join a project in Norway to produce hydrogen from natural gas while capturing the emissions, Aker Clean Hydrogen (ACH) (ACH-ME.OL) said on Monday.

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REUTERS

Shell opens 10 MW hydrogen electrolyser at Wesseling site of German refinery

FRANKFURT, July 2 (Reuters) – Royal Dutch Shell (RDSa.L) on Friday launched Europe’s biggest hydrogen electrolysis plant of 10 megawatts (MW) called Refhyne at the Wesseling site of its Rheinland refinery after two years of construction, expanding further into alternative energies.

The plant will produce green fuels within a European Union-funded consortium which is already setting sights on a facility of 100 MW at the site near Cologne to scale up its commercial operations. read more

THE WASHINGTON POST

Opinion: A message to oil companies: Change or have change forced upon you

Opinion by the Editorial Board May 29, 2021 at 12:00 p.m. GMT+1

Change is coming, whether the industry likes it or not. 

In Royal Dutch Shell’s case, The Hague District Court declared that the company had contributed substantially to climate change and that its plan to address greenhouse emissions is insufficiently ambitious. Under the court’s order, Shell must ditch its strategy to cut its carbon intensity, which would not necessarily reduce the raw amount of emissions it releases into the atmosphere, and devise a way to nearly halve the emissions for which it is responsible by 2030. The decision could signal follow-on rulings against other big polluters subject to European courts. read more

THE CHRISTIAN SCIENCE MONITOR

‘Victory for our planet’: Royal Dutch Shell must cut emissions

The Hague District Court has ruled Royal Dutch Shell must cut its carbon emissions by 45% by 2030. The landmark case will likely set a global precedent for holding polluting multinational organizations accountable for curbing emissions.

May 27, 2021

By Mike Corder Associated Press

A Dutch court on Wednesday ordered Royal Dutch Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels in a landmark case brought by climate activism groups, which hailed the decision as a victory for the planet. read more

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The pace of emission reduction has to increase significantly at Shell, but how?

Energy giants’ lobbying fuels the rise of hydrogen

Shell and BP want the controversial gas in families’ boilers. They’re pushing hard. By John Collingridge

Sunday May 02 2021, 12.01am, The Sunday Times

EXTRACTS

Few parts of the UK have attracted as much government attention in recent months as northeast England. Although Conservative mayor Ben Houchen is favourite to win Thursday’s Tees Valley mayoral election, ministers have left nothing to chance.

The 34-year-old has hosted visits from Boris Johnson, chancellor Rishi Sunak and business secretary Kwasi Kwarteng. Nearby Hartlepool, where the Tories’ Jill Mortimer is the bookies’ favourite to grab the seat from Labour in this week’s by-election, has received a similar love-bombing.

Houchen’s campaign has had a distinctly green tinge. He has campaigned on a ticket of clean industrial rebirth in an area ravaged by the closures of steel and chemicals works.

Hydrogen has been at its heart — an element that in just a few years has propelled into the mainstream.

Huge vested interests lie behind the rise of hydrogen: oil giants such as Shell, BP and Norway’s Equinor have staked their futures on natural gas as a less-polluting alternative to oil. read more

Shell treads ‘narrow path’ as scrutiny of Big Oil’s climate targets intensifies

Author Yannic Rack: 22 April 2021

Oil and gas majors are under growing scrutiny to deliver on their climate pledges, with some investors and industry analysts still unconvinced that their transition can both deliver shareholder value and make a meaningful dent in reducing the pollution caused by their products.

Royal Dutch Shell PLC presented a strengthened climate plan to its shareholders in February, acknowledging for the first time that it will need to eliminate or offset all of its emissions — including those generated when its fuels are burned, which make up the bulk — to reach its 2050 net-zero goal. read more

Shell plays down risk of stranded oil and gas reserves

The disclosure is a rare admission by a major oil and gas company that some of its reserves may be worthless in a world shifting to renewable energy from fossil fuels in an effort to stem global warming.

The Anglo-Dutch company said in a document to investors summarising its climate strategy that around 75% of its proved oil and gas reserves will be produced by 2030, with an additional 3% produced after 2040.

Since late 2019, Shell has wiped out over $20 billion from the value of its oil and gas reserves after lowering the outlook for commodity prices because of the energy transition and the impact on demand of the COVID-19 pandemic. read more

Shell hunts for hydrogen opportunities in Australia in net zero push

Shell Australia Chair Tony Nunan said the company sees hydrogen and carbon capture and storage as essential to the company’s net zero ambitions, and Australia is well placed to be competitive in both of those technologies.

Australia, like its biggest coal and gas customers China, Japan and South Korea, has mapped out a hydrogen strategy, with plans to become an exporter by 2030, using its vast wind and solar resources to produce “green” hydrogen and natural gas and carbon capture for “blue” hydrogen. read more

Energy firms bet on hydrogen boom, but payday far away

By Ron Bousso, Stephanie Kelly: March 3, 2021: 4 MIN READ

“Without hydrogen by 2050 we cannot aim to be a net zero (carbon) economy,” Royal Dutch Shell CEO Ben van Beurden told the CERAWeek online conference this week.

The universe’s most abundant element, hydrogen has been touted for decades as an alternative to fossil fuels, but attempts to commercialise it for use in vehicles and industry have largely failed.

So far, commercial-scale production has been from natural gas or coal and it is a niche market used mainly in oil refining and heavy industry. read more

Shell in Germany seeks to speed up drive to go green

By Vera Eckert

FRANKFURT, Feb 26 (Reuters) – Royal Dutch Shell in Germany aims to produce aviation fuel and naphtha made from crops and renewable power and to increase to commercial scale an electrolysis plant that makes fossil-free hydrogen, as it seeks to move away from crude oil.

The energy major told an online conference on Friday it had applied for subsidies to carry out the work from the European Union and from German funds earmarked for decarbonisation. read more

Shell’s Strategy Is Satisfactory

Summary

• This article takes a close look at Shell’s Strategy Day 2021, which focused on a net-zero emissions target and the businesses that Shell plans to operate.
• Ultimately, Shell isn’t changing its strategy too much, sticking to its core oil and gas businesses.
• By focusing on oil and gas and value over volume, Shell is a safer bet than BP which is betting big on a risky corporate restructuring.

The purpose of this article is to analyze Shell’s recent and very important Strategy Day. Shell had promised to give a lot of detail on an organizational restructuring at this event and it had the potential to radically change Shell’s direction. This means the Strategy Day presentations had a possibility to change my bullish thesis on the company. In that article I also gave some of my expectations of what I expected to see in Shell’s Strategy Day, and here I review the key takeaways of the Strategy Day and what they mean for my bullish thesis. read more

Shell puts electric charge into green energy future

Royal Dutch Shell plans to operate as many as 2.5 million electric vehicle charging points globally by 2030 under a new emissions-reduction strategy that will see its oil output decline.

The Anglo-Dutch oil giant sought to flesh out its 2050 net zero emissions goal with a plan to focus on customer-facing business such as electricity sales, rather than power generation like its peers. It intends to operate half a million charging points by 2025, up from 60,000 today, and could increase this to 2.5 million by the end of the decade. read more

The Sunday Telegraph: Sunday 7 February 2021. Business Section Page 6

Rival BP is powering ahead with it renewable future, but despite first-mover advantage the Anglo-Dutch giant is yet to map out a path to sustainable returns, finds Rachel Millard

Shell’s boss Ben van Beurden says he hopes he will travel less even after the pandemic is over, having found it “really valuable” to spend more time with his family during 2020.

“Life will be different – how big and how much is hard to say;” he told staff via the corporate website last month. read more

Massive losses should be a warning to big oil that its bonanza is over

Covid has battered the industry, and the race for renewables is speeding up. We are at a tipping point

Sun 7 Feb 2021 07.00 GMT

The final months of 2020 were a tough end to a tough year, according to BP’s chief executive. But Bernard Looney’s verdict on the worst financial year in the industry’s history is a devastating understatement. It was a period marked by thousands of job cuts, battered dividend policies and record multibillion-dollar losses. read more

Shell targets power trading and hydrogen in climate drive

By Ron Bousso: FEBRUARY 1, 2021: 8 MIN READ

LONDON (Reuters) – Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company sources said.

Shell and its European rivals are seeking new business models to reduce their dependency on fossil fuels and appeal to investors concerned about the long-term outlook for an industry under intense pressure to slash greenhouse gas emissions. read more