Drilling and Drowning

Ben van Beurden feels no responsibility for Climate Change

Money still rules the oil business. But the world will drown if we pump too much oil, Ben van Beurden (Shell)!

“I will drill all the oil I can.”

This was said by Shell’s CEO Ben van Beurden. last weekend in an interview with News Hour. The boss of Shell responded to the question of whether his company – now there is a climate agreement – will pump less gas and oil?

No, was his answer. As long as the demand is there, Shell will pump all it can get.

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Shell continues to buy British Gas, despite doubts

acquisition, takeover, Shell, British Gas, shareholders, investment companies, shareholders, strategy, oil price, value

Cashing in: Investment bankers and advisers will enjoy Shell’s £36billion takeover of BG Group

As the oil price remains low, major shareholders are hesitating about the proposed acquisition of British Gas by Shell.

Shell thinks, in the long term, the deal will be highly.

Investment bankers and advisers will cash in on a multi-million-pound fee bonanza from Royal Dutch Shell’s £36billion takeover of BG Group.

As mentioned in ‘this is money’, £106 million in fees will be shared by advisors including Bank of America Merrill Lynch, Goldman Sachs and Rothschild.

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Shell cancelled billions project Canadian tar sands oil

tar sand, oil, fossil, renewables, Shell, shareholders, Alaska

Greenpeace campagned to shut down Shell oil sand production

Forced by the low oil prices, Shell stops the Carmon Creek project in Canada for the extraction of tar sands oil.

The proposed construction of the production plant has been canceled. Read More