Shell has been operating in wind energy with 9 projects in North America and Europa, together 500MW of installed capacity.
Last May, Shell launched a new division for renewable energy, Martin Wetselaar, now responsible for integrated gas (including LNG), will lead the division ‘New Energy‘. Is Shell moving towards renewables?
The new division will be transferred to the existing activities in hydrogen, biofuels and renewable power generation. It will also be used as a basis for new activities in wind energy. Read More
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.
Protest Greenpeace ‘Save the Arctic’ with LEGO For the last few years Shell has been using LEGOs brand to clean up its image as an Arctic oil driller. 16 million Shell branded LEGO sets have been sold or given away at petrol stations in 26 countries.
Shell has surprised the world, ceasing the oil exploration in the Chukchi Sea above Alaska.
The decision was announced last Monday at 7 am: the last day of the exploration permit in the Arctic.
The decision has been made by 3 arguments:
very disappointing results of exploratory drilling
low oil prices
‘uncertainties’ from future governments and lawmakers
The last two sound the most convincing. The first argument ain’t. What’s going on?
There is a huge global movement towards renewable energy. Climate change disasters already cause grieve to millions around the world. This stimulates initiatives that will change the world in unpredictable ways. The directors of the oil and gas companies can not deny the changes.
Oil and gas companies such as Shell have the unique expertise to help with the construction of the future energy supplies.
Yet they do not. According to Kamp – former Shell manager – the strategy of oil and gas companies is doomed to fail.
“Like the bank, oil and gas companies won’t change their strategies. They are earning still too much money with fossil fuels.”