In the Netherlands, Shell’s CEO says it would take an unprecedented level of investment by oil and gas companies of around $1 trillion per year in renewable energy to achieve the climate change goals agreed to during COP21 in Paris in December but that growing demand for fossil fuels in emerging economies would require a […]
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In Belgium, Volkswagen has teamed with Shell on a new report by Roland Berger promoting a policy path forward towards a European transport market that achieves environmental and GHG goals set at the COP21 meeting in Paris through the use of biofuels rather than the current trend towards electric vehicles. The integrated roadmap for 2030 […]
In Nigeria, Shell Nigeria Exploration and Production Company (SNEPCo) has signed an agreement with Project Gaia Prospects Limited (PGPL) for the conduct of a pilot study on the use of Ethanol clean cookstoves, a cleaner and safer way of cooking. SNEPCo will provide 2,5000 clean cookstoves and 15,000 canisters for distribution to households in Lagos […]
In the Netherlands, Royal Dutch Shell announced 6500 job cuts and slashed 2015 capex by $3 billion from the April forecast and $7 billion from 2014, as it reported Q2 earnings of $3.4 billion compared with $5.1 billion for the same quarter a year ago. The company said “Compared with the second quarter 2014, earnings […]
In Brussels, a new interactive website “www.BiofuelsforEurope.eu” launched today in the European Parliament to summarize the latest science on key biofuels issues using fact-based, understandable information. BP, Novozymes, Scania and Shell have sponsored the initiative in the common view that biofuels, when sustainably produced, have a positive role to play in decarbonizing the transport sector in […]
In Florida, Royal Dutch Shell has booked 30,000 metric tons of ethanol from Raizen and Louis Dreyfus Commodities’ Biosev for shipment with end of March delivery. Brazil imported nearly the same amount in December. The trade is a result of the weakening real mixed with need to sell old crop ethanol as the new crush […]
In Hong Kong, Shell is the first oil major to launch B5 retail sales in the city, but it is only available for commercial customers and won’t be available at its retail gas stations. The company claims uncertain demand and lack of storage capacity has limited its retail exposure to biodiesel at the moment.
Shell VP Matthew Tipper, at ABLCNext: “We will likely begin manufacture in the southeast United States. We plan to be operational by late this decade. “We believe our best bet is woody biomass and energy crops as feedstocks. We plan to do this with a scale-up of smaller plants with widespread feedstock availability.” “The RFS […]
In the Philippines, the winners of Shell Eco-Marathon Asia were a team of Thai students who traveled 2,730.83 km on a single liter of ethanol. Team How Much Ethanol from Panjavidhya Technological College basically traveled the distance between Manila and Jakarta in their vehicle that won the race. The was the first time the race […]
What could be more alluring than a colossal opportunity in the biggest game of all — energy investing? So goes the siren song. But in the real world of chasing black swans, we may be overlooking the wonders of the white ones. In the world of venture capital, black swans are a big deal. For […]