FEBRUARY 27, 2020 / 10:26 AM

AMSTERDAM (Reuters) – Oil and gas company Royal Dutch Shell and Dutch gas company Gasunie [GSUNI.UL] plan to build a massive green hydrogen plant in the northern Netherlands in the next decade, the companies said on Thursday, to cut emissions.

Fueled by a large new wind farm off the coast of Groningen province, the plant would ultimately be able to produce 800,000 tonnes of hydrogen by 2040, the companies said, cutting the Netherlands’ CO2 emissions by about 7 megaton per year. read more

February 27, 2020

Oil giant Shell, gas group Gasunie and Groningen’s port authority are joining forces to build a massive offshore wind farm and hydrogen plant in the northern province, Dutch media reported on Thursday.

The plan, dubbed NortH2, will be formally presented on Thursday afternoon but will, the companies say, be one of the ‘biggest renewable energy projects in the world’.

The project is still at the planning stage and definitive investment decisions still have to be taken. read more

Published by Industry Global News24: 06 Jan 2020

The Anglo-Dutch company had promised its investors in 2017 that, it will spend $1 bn to $2 bn per year. The fund will be invested in developing a clean energy project till the end of 2020. The company is falling short of the planned $4 billion-$6 billion to be invested between 2016 to end of 2020. This slow progress is likely to raise concerns from environmental groups that oil companies are not contributing to environmental conservation.

Since setting up the “new energies” division, the country has spent approximately $2 billion in setting up a low-carbon energy and electricity production facility. With only a year left to go, the company is far behind the set investment target of $4 bn-$6 bn. read more

Why energy companies are still investing gasoline in the age of the electric vehicle

Marissa Luck July 30, 2019

Why energy companies are still investing gasoline in the age of the electric vehicle

Tucked away off a Houston highway and behind a tightly-secured check point, Royal Dutch Shell’s tree-lined campus is packed with hundreds of researchers working on the next technological breakthroughs that could transform how the Anglo-Dutch oil major powers the world economy through the energy transition.

As Shell’s largest research and development center, the 200-acre Houston campus has 1,500 employees and hundreds of contractors. They’re working on everything from formulating new biodiesel to advancing liquefied natural gas into transportation fuels. Their research also extends into something more tangible in the near term: how to improve gasoline. read more

Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad.

Shell is looking for a green future in silence

How should Shell still make money if the role of fossil fuels becomes smaller and smaller? The company is sorting out with investments in green start-ups.

Beeldbewerking FD studio

Bert van Dijk

The construction of a large wind farm in the North Sea, an offer for Eneco and the acquisition of the charging station company NewMotion; it is the big steps that everyone can see that oil and gas multinational Shell is putting to a little less fossil. But under the bonnet of Shell and out of view of the general public, many smaller investments in start-ups give at least as interesting an insight into Shell’s view of the future. A search for the green future of Shell. read more

Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad. 

Maarten Wetselaar: ‘There has been a period of thirty years in which the industry and we also only talked about the largest oil platforms that were built and the deepest wells that were drilled.’ Photo: Michel de Groot

‘The energy transition gives power back to the customer’

Bert van Dijk: Energy: 12 Sept 2018

ShellRDSA € 27.85 + 1.05% is still an oil and gas multinational, but is sorting for a future in which it will become one of the largest electricity companies. ‘We are faced with a revolution’, says Maarten Wetselaar, member of the Executive Board of Shell in an interview with the FD. He is responsible, among other things, for the New Energies division that was established two years ago. read more

Ben Marlow, executive business editor: 9 SEPTEMBER 2018 • 8:39PM

Like a pair of mysterious soothsayers, Maarten Wetselaar and John Abbott are peering into the future. The world they see is almost unrecognisable from the one we inhabit today, and yet it is only just around the corner. In the west, the petrol car has become obsolete. Lorries are powered by liquid natural gas. Freight liners criss-cross the oceans fuelled by hydrogen. Solar and wind provide the energy to our homes. And the petrol station has been reimagined as an unlikely retail hotspot where people routinely gather to do their food shopping, pick up parcels, and sip artisan coffee. A convoy of vehicles are being rebooted at one of many charging points on the forecourt. FULL ARTICLE read more

Aristofanis Papadatos: 25 August 2018

Summary

Shell closed a deal to buy First Utility, a British energy company that owns neither power plants nor gas pipelines, in March. CreditTom Jamieson for The New York Times

By Stanley Reed

May 15, 2018

COVENTRY, England — There seems to be little about the scrappy energy company in central England that would appeal to Royal Dutch Shell, the button-down oil giant. The little company, First Utility, is an upstart challenger. It offers friendly customer service, and low prices on electricity and natural gas. But it doesn’t own any power plants or gas pipelines; First Utility is a virtual energy company — the product of technological advancement and deregulation. read more

Sinead Lynch, UK country chair for Shell, said yesterday that the oil giant knows that it “needs to change” in the coming energy transition, and “that is what Shell is going to do”.

Written by David McPhee – 03/05/2018

As part of a panel at the All-Energy conference in Glasgow, Ms Lynch said that Shell was part of a movement within the industry which was recognising the energy transition and that Shell was “beginning that change”. She said: “Shell has a deep history and deep roots across Scotland, in our upstream business where we have been investing in and producing from the North Sea for 50 years. But also in our downstream business where we have been producing a number of downstream products to our customers here for almost a 100 years, and that’s a range of products that’s beginning to change. FULL ARTICLE read more

By Daniel J. Graeber  |  April 12, 2018

April 12 (UPI) — A transition to a cleaner economy is underway as evidenced by a rate of decline in global oil demand, but it’s a long journey, Royal Dutch Shell said Thursday. The Dutch supermajor has committed to reducing its carbon footprint in half by 2050 and said it would invest about $2 billion per year on alternative energy solutions until the end of the decade. CEO Ben van Beurden said that Shell would play its part in meeting global energy demand with cleaner options. The company last year signed on to a transparency measure on climate steered by former New York Mayor Michael Bloomberg, who steered efforts through the multilateral Task Force on Climate-related Financial Disclosures. The task force estimated the transition to a low-carbon economy could require as much as $1 trillion in net investments per year. FULL ARTICLE read more

FILE PHOTO: Electric car chargers are seen at the Holloway Road Shell station where Shell is launching its first fast electric vehicle charging station in London, Britain October 18, 2017. REUTERS/Mary Turner/File Photo

LONDON (Reuters) – Royal Dutch Shell said on Thursday it saw little risk of having “stranded assets” in its portfolio as the world shifts to low carbon energy because the oil major will have four-fifths of its current oil and gas reserves extracted before 2030 anyway.  read more

A consortium including energy giant Shell has won a multi-million pound government grant to improve use of hydrogen vehicles in the UK.

Written by Allister Thomas – 26/03/2018 10:48 am

The Department for Transport has awarded £8.8million in funding, with £4.3million going to clean energy firm ITM Power. It will use the funds to create four new hydrogen refuelling stations in the UK, and upgrade five existing ones to help support a larger fleet of hydrogen fuel cell electric vehicles. ITM Power is joined by Shell, Toyota, Honda and Hyundai in the consortium. The government funding will be also be used to create nearly 200 clean energy vehicles which will be used by taxi drivers and the police. FULL ARTICLE read more

The hydrogen pump at Beaconsfield is the first in Britain to be located ‘under the canopy’ with the fossil fuels CREDIT: ED ROBINSON 

Ed Wiseman: 26 MARCH 2018 • 12:42PM

A new hydrogen pump has been installed at Beaconsfield services on the M40, the second on Britain’s motorway network and the first to be built ‘under the canopy’ at an existing petrol station. The machine has been supplied to Shell by Sheffield-based energy company ITM Power. It can be used by motorists to refuell hydrogen fuel cell cars such as the Toyota Mirai, Hyundai Nexo and Honda Clarity. FULL ARTICLE read more