Royal Dutch Shell Plc  .com Rotating Header Image

Posts Tagged ‘Alternative Energy’

THE SUNDAY TIMES: You can be sure of Shell, if you dare

Thanks to Greta Thunberg — who last week took her campaign to business leaders gathered in Davos for the annual World Economic Forum — the climate-change debate should have reached every boardroom.

The implications are greatest in the oil and gas sector, which is wrangling with the imminent shift to low-carbon businesses.

“There are some investors who would be concerned that the capital being deployed in low-carbon businesses will not earn returns that would be as good as in the base businesses of these companies,” says Jason Gammel at Jefferies. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Forbes: Energy Stocks Are This Generation’s Big Tobacco, Says Economist Peter Sainsbury

Jan 24, 2020

The fossil fuel industry faces a dilemma similar to what confounded big tobacco a generation ago, according to economist and energy specialist Peter Sainsbury.

Speaking on the Contrarian Investor Podcast, Sainsbury says oil companies in particular are starting to be seen as “sin stocks,” with institutions divesting themselves on ethical grounds. But therein lies the opportunity. Much like tobacco companies reinvented themselves in the 1990s, energy companies can undergo a similar renaissance. Indeed the process of oil companies divesting harmful assets is already underway. This causes opportunities for investors. But first, headwinds can be expected. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

OilPrice.com: Behind Closed Doors: Big Oil Talks Broader Emission Cuts

By Tsvetana Paraskova – Jan 22, 2020, 2:00 PM CST

Several of the world’s largest oil companies talked behind closed doors on Wednesday about the potential adoption of more stringent emission reduction targets that could include emissions from the products they sell to end consumers, sources with knowledge of the matter told Bloomberg.

At the World Economic Forum in Davos, where climate change and the urgency to act has taken center stage this year, the top executives of oil companies Chevron, BP, Shell, Total, and Saudi Aramco, among others,  met to discuss whether the industry should start accounting for and drafting emission reduction targets not only for their respective oil production, but also for emissions ‘at the pump’, or the emissions from the fuels they sell. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Motley Fool: Ethical investors can avoid energy stocks, but should they?

James J. McCombie | Wednesday, 22nd January, 2020

There is plenty of evidence that human activity is causing climate change and the Global Risks Report 2020 from the World Economic Forum has revealed that it is the number one long-term concern of the interviewed stakeholders.

Willingness to do more to safeguard the environment, particularly encouraging the slashing of emissions seems to be growing among the investment community.

BlackRock, a US-based global investment manager, will be offering more sustainable investment funds, and some individual investors globally are shunning the shares of polluters. Putting your capital in ‘green’ companies supports the efforts of those firms to make a difference and could mean that ‘dirty’ companies change their ways in response, or suffer if they do not change. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Real reasons Trump left the Paris Climate Summit?

Letter to the editor published by the News Tribune

Jan 22, 2020

From Mike Barnhill

Ashland

Dear Editor:

Time Magazine’s recent article on “Can the oil-and-gas industry survive the climate-change fall-out?” may explain why President Trump left the Paris Climate Summit.

The Netherlands oil giant, Royal Dutch Shell, is the country’s biggest business. As oil flirts with the prospect of decline, Shell is diversifying by expanding its plastics business and diversifying into electrical power. Some firms such as America’s ExxonMobil, are positioning themselves to squeeze the last lucrative years from the oil economy while attempting to convince shareholders that they will be able to sell all their oil. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Fool.co.uk: Could climate change cause the Shell share price plunge to 1,300p?

At first glance, the Royal Dutch Shell (LSE: RDSB) share price looks like a desirable investment. The stock is trading at a price-to-earnings (P/E) ratio of 13.3. It also offers a dividend yield of 6.3%.

However, the oil and gas major is facing one major challenge in the years ahead that could hurt its growth. It could also render billions of pounds of investment defunct. This is the threat of climate change.

Global warming

Investors all around the world are starting to wake up to the threat of climate change and the impact it could have on industries. For most companies, re-focusing their businesses to be more green is relatively easy. Unfortunately, for Shell, it isn’t. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

CNN: Oil and gas companies will only survive the climate crisis if they spend more now

By : Published 11:46 pm

By Hanna Ziady, CNN Business

The oil and gas industry needs to work harder and faster to tackle the climate crisis if it wants to remain profitable, a leading energy group says.

The oil and gas industry needs to work harder and faster to tackle the climate crisis if it wants to remain profitable, a leading energy group says.

Oil and gas companies should do much more to respond to the threat of climate change, and cannot rely on fossil fuels to keep driving returns, the International Energy Agency said in a report Monday.

Since 2015, the industry has directed less than 1% of its annual capital expenditure towards low-carbon businesses, according to the report.

Some companies have spent up to 5% but “there are few signs of the large-scale change in capital allocation needed to put the world on a more sustainable path,” it said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

thenational.scot: Environmental group takes legal action against Shell

By Karin Goodwin Reporter: 19 Jan 2020

A GROUNDBREAKING legal case being taken against oil company Shell could have dramatic consequences for the Dutch company’s Scottish North Sea operations, it has been claimed by environmental organisations.

The legal action, being led by Friends of the Earth (FOE) Netherlands on behalf of more than 30,000 people from 70 countries, aims to compel the company to “cease its destruction of the climate”.

Plaintiffs in the case argue that Shell is violating its duty of care and threatening human rights by knowingly undermining the world’s chances to stay below 1.5C, the level agreed to be critical by the 2018 Intergovernmental Panel on Climate Change report. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BBC News:Climate change: Extinction Rebellion end blockade at Shell’s Aberdeen HQ

Governments and corporations like Shell all agree that my children are facing a catastrophic climate and ecological collapse yet are doing next to nothing to prevent this.”

16 Jan 2020

Extinction Rebellion protesters have ended a blockade at the entrances to Shell’s Aberdeen headquarters.

Activists arrived at the Altens base at about 06:30 and remained at the site until 19:30 in a bid to “hold Shell to account”.

The group said the protest was part of its two-week long campaign targeting the fossil fuel industry.

Shell said it was addressing its emissions and helping customers to reduce theirs.

And industry body Oil and Gas UK (OGUK) said climate change would not be solved by “stunts”. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Washington Post: We live in an age of climate disaster. Now what?

By Ishaan Tharoor with Ruby Mellen

This week, U.S. scientists confirmed what anyone who has been paying attention would probably already know. The 2010s were the hottest decade ever recorded on the planet. 2019 was the second-hottest year ever measured, and the evidence was brutally on show: We saw swaths of Greenland’s ice cap melt into the sea, heat waves blaze through northern Europe, extreme storms and floods batter vulnerable islands and coasts, and epic wildfires scorch vast drought-ridden stretches of the globe. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

CityAM: Channel 4 under fire over BP Paralympics sponsorship

Sunday 12 Jan 2020

Channel 4 has come under fire from climate activists after it announced that BP will sponsor its coverage of the 2020 Paralympic Games in Tokyo.

Environmental evangelists have taken aim at the broadcaster for accepting money from the oil giant, which is one of the world’s largest contributors to fossil fuel emissions.

Read more: Boris Johnson complaint over Channel 4 melting ice sculpture rejected by Ofcom

The deal means Channel 4 will carry BP branding on its coverage of the Paralympics across live TV, online viewing and social media. Toyota is the other main sponsor of the event. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Times: BP and Shell won’t be abandoning fossil fuels any time soon.

The oil majors, particularly in Europe, are ploughing billions into green energy projects. However, their efforts to reduce emissions often look like window dressing.

Royal Dutch Shell spends about $3 billion on its low carbon and electricity businesses, which is roughly a tenth of its research and development budget.

BP said this week it hoped to create five billion-dollar green energy businesses by 2025. But many of its green initiatives are designed to prolong the life of its oil and gasfields, by boosting productivity at wells and managing carbon more efficiently. BP and Shell won’t be abandoning fossil fuels any time soon. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

EnergyVoice.com: Equinor, Shell part of new group preparing ocean renewables plan

by 

Equinor and Orsted will lead a new group formed to tackle climate change by accelerating the deployment of offshore renewable energy technology.

Other members of the Ocean Renewable Energy Action Coalition include CWind, Global Marine Group, JERA, MHI Vestas, Mainstream Renewable Power, Shell, Siemens Gamesa, TenneT and The Crown Estate.

The coalition was formed in response to the September 2019 Call for Ocean-Based Climate Action made by the High-Level Panel for a Sustainable Ocean Economy. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BBC NEWS: Seven arrests after activists occupy drilling rig in Dundee harbour

06 Jan 2020

Seven people have been arrested after environmental activists took part in an “extended occupation” of a drilling rig in Dundee harbour.

Three female protesters from Extinction Rebellion Scotland climbed onto Valaris’s Ensco 122 from the River Tay.

They climbed halfway up one of the legs of the rig to try to prevent it leaving.

The women came down about five hours later due to deteriorating weather conditions.

Police said seven people had been arrested in total. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

FD: Why did Shell miss out on the sale of Eneco?

English translation of an article published today by the Dutch FT: Why did Shell miss out on the sale of Eneco?

In retrospect, Shell’s bid was fairly hopeless.

Carel Grol

“We respect this outcome,” said Maarten Wetselaar, CEO of Shell New Energies, after missing out on Eneco. Photo: Peter Kovalev / ANP

In brief

  • Mitsubishi and Chubu have been the new owner of energy supplier Eneco since the end of November.
  • Counter-bidder Shell hoped to take a ‘green blow’ with the acquisition of Eneco.
  • High oil efficiency requirements may have been detrimental to the oil company.

‘Shell must become a greener company? Well here we are. ”

Halfway through January 2019, Maarten Wetselaar, director of Integrated Gas & New Energies at Shell, is confident. The oil and gas company, together with pension fund PGGM, started bidding for Eneco. Even before the energy company is officially for sale. “Eneco is almost a model for what we want to achieve with our renewable energy division,” says Wetselaar.

Many Eneco followers thought the announcement was a smart move. Although Eneco generates a substantial part of its turnover from the gas trade, the company profiles itself as a sustainability champion. It has, rather than most energy companies, invested in wind and solar energy. And Eneco has an oiled marketing device. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

SHELL DOUBTFUL OF ACHIEVING CLEAN ENERGY TARGETS

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

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
%d bloggers like this: