Posted by John Donovan: 25 July 2024
In a move that can only be described as Shell saying, “Green energy? Never heard of her,” the oil giant has flatly denied ditching the green energy revolution. This denial comes hot on the heels of Labour’s ambitious £8 billion plan to launch a public energy company in Scotland, aimed at setting the country on a path to renewable glory.
Shell, fresh from raking in a casual £22.3 billion profit last year, is reportedly looking to offload its two floating wind projects, MarramWind and CampionWind, won through the ScotWind auction alongside Scottish Power. This, despite just receiving funding from SNP ministers for the Acorn carbon capture scheme. Because why invest in clean energy when you can just pay lip service and move on?
Royal Dutch Shell Plc and BP Plc agreed annual deals to buy Libyan crude, underscoring how the North African country’s recovering production and improving security are enticing some of the world’s largest oil companies. Shell’s deal with Libya’s National Oil Corp. was the first of its kind since 2013 and Europe’s biggest oil company will load its first cargo under the contract within days, according to people familiar with the matter, who asked not to be identified because they’re not authorized to talk to the media. BP, which didn’t have a term deal in 2017, also reached an agreement for this year, the people said. 
OPINION ARTICLE BY DANIEL YERGIN PUBLISHED IN PRINT BY THE NEW YORK TIMES ON SATURDAY 25 JAN 2015
Major Opec nations, Russia and US shale oil drillers now appear on the brink of a price war as these three giant producing blocs fight for a greater share of global demand. (Potentially 
