SOURCE MSN/Independent
I worked at Shell for 33 years – the government is wrong on North Sea oil
Posts under ‘China’
I worked at Shell for 33 years – the government is wrong on North Sea oil
By Grahame Buss
: 27 May 2022Three Chinese energy firms are in talks to buy Shell’s stake in a huge Russian natural gas export project, a report says
Three Chinese energy firms are in talks to buy Shell’s stake in a huge Russian natural gas export project, a report says
Three Chinese state-run energy companies are in talks to buy Shell’s 27.5% stake in a huge Russian natural gas export project, Bloomberg reported, citing people with knowledge of the matter.
Shell in talks to offload Russian business to China
The Telegraph
Shell in talks to offload Russian business to China
Shell is said to be turning to Beijing as it looks to offload its stake in a major Russian gas project.
The FTSE 100 energy giant is in joint talks with Chinese state-run firms Cnooc, CNPC and Sinopec over its 27.5pc holding in the Sakhalin-2 liquefied natural gas venture.
The discussions include the potential sale of the stake to one, two or all three of the Chinese companies, though Shell is said to be open to talks with other potential buyers outside China.
How Shell helps Russia pump oil and gas
CNN
How Shell helps Russia pump oil and gas
: Updated 1559 GMT (2359 HKT) February 24, 2022
London (CNN Business)The West is promising “massive” sanctions on Moscow in response to Russia’s invasion of Ukraine.
French President Emmanuel Macron said Thursday that European sanctions would target Russia’s military, economy and energy, and Germany’s decision this week to halt certification of the Nord Stream 2 pipeline built by Russia’s Gazprom shows that the vast oil and gas sector isn’t off limits.
Shell’s ‘next phase’ in Australia includes drilling 145 new gas wells
The Sydney Morning Herald
Shell’s ‘next phase’ in Australia includes drilling 145 new gas wells
By Nick Toscano and Mike Foley
Energy giant Shell has set out plans to drill 145 new gas wells in Queensland over the next three years to supply local consumers and liquefied-gas export markets.
Shell, Tokyo Gas and China National Offshore Oil Corporation (CNOOC) said their QGC joint venture would develop the wells in Queensland’s Western Downs, which will feed existing gas-processing plants and bring an extra 210 petajoules of gas to market in the next 15 years.
Energy giant Shell posts ‘momentous’ £12BILLION profits as millions face soaring bills and cost-of-living crisis
Daily Mail: MailOnline
Energy giant Shell posts ‘momentous’ £12BILLION profits as millions face soaring bills and cost-of-living crisis
Shell has increased its profits nearly fourteen-fold to £12billion amid soaring oil and gas prices – with the energy giant revealing a bumper three months on the same day that the UK price cap is set to rise by around £650.
Shell says one of the largest hydrogen electrolyzers in the world is now up and running in China
CNBC
Shell says one of the largest hydrogen electrolyzers in the world is now up and running in China
PUBLISHED FRI, JAN 28 20227:39 AM EST
Anmar Frangoul KEY POINTS- Located in Zhangjiakou, Hebei Province, China, the electrolyzer will produce green hydrogen for fuel cell vehicles during the Winter Olympics.
- Wael Sawan, Shell’s integrated gas, renewable and energy solutions director, says electrolyzer is “the largest in our portfolio to date.”
- While there is excitement in some quarters about green hydrogen’s potential, the vast majority of hydrogen generation is currently based on fossil fuels.
A 20 megawatt hydrogen electrolyzer described as “one of the world’s largest” has begun operations, energy major Shell said Friday.
Located in Zhangjiakou, Hebei Province, China, the electrolyzer will produce green hydrogen for fuel cell vehicles being used at Zhangjiakou’s competition zone during the Winter Olympics, which are due to open on Feb. 4. Once the Games finish, commercial and public transport will use the hydrogen.
Shell says electricity to meet 60% of China’s energy use by 2060
REUTERS
Shell says electricity to meet 60% of China’s energy use by 2060
SINGAPORE (Reuters) – China may triple electricity generation to supply 60% of the country’s total energy under Beijing’s carbon-neutral goal by 2060, up from the current 23%, Royal Dutch Shell said on Monday.
Shell is one of the largest global investors in China’s energy sector, with business covering gas production, petrochemicals and a retail fuel network. A leading supplier of liquefied natural gas, it has recently expanded into low-carbon business such as hydrogen power and electric vehicle charging.
Shell plans to open new hydrogen refuelling sites in Europe, China and the US
The National
Shell plans to open new hydrogen refuelling sites in Europe, China and the US
Hydrogen sales at every site have ‘doubled’ year-on-year on the back of higher demand from cars and lorries, a senior company executive says
Fareed Rahman: Nov 19, 2021 Global energy giant Shell plans to open a number of hydrogen refuelling sites in Europe, the US and China as demand for clean fuel increases amid growing concern on climate change.The company is building hydrogen refuelling sites in China, Netherlands, Germany and in California, Paul Bogers, vice president for Hydrogen at Shell, told The National in an interview on the sidelines of Abu Dhabi International Petroleum Exhibition and Conference.
China Wants Huge New Green Hydrogen Plant Operational In 2023
Photo Credit: Photographic Services, Shell International Limited.
China Wants Huge New Green Hydrogen Plant Operational In 2023
Sun, August 22, 2021, 4:00 PMEXTRACTS
China offers promise for clean energy in a world dominated by fossil fuel-driven hydrogen projects through its new green hydrogen mega-plant.
China is planning a huge green hydrogen project using solar and wind power for its Inner Mongolia region. A cluster of plants will be constructed in the cities of Ordos and Baotou, expected to use 1.85 GW of solar power and 370 MW of wind power to produce approximately 66,900 tonnes of green hydrogen every year, according to the Hydrogen Energy Industry Promotion Association.
Shell starts selling power from giant battery in Wiltshire
The Telegraph
Shell starts selling power from giant battery in Wiltshire
Britain’s electricity grid is now balancing supply and demand with the help of a giant battery in Wiltshire funded by Chinese investment.
The 100 megawatt system has been developed by UK company Penso Power with funding from China’s state-owned Huaneng Group utility and CNIC Corporation.
Shell, the FTSE 100 oil and gas giant, has a deal to trade all of the power from the battery, which is now fully operational.
Editorial: Big oil confronts climate change – not a minute too soon
Editorial: Big oil confronts climate change – not a minute too soon
The Editorial Board
On Thursday, one of the world’s largest oil companies — Royal Dutch Shell — confirmed it will never again produce as much oil as it did in 2019. Peak oil production at Shell, said CEO Ben van Beurden, has come and gone.
The week before, ExxonMobil had made a similarly telling announcement: It is spending billions on a subsidiary formed to advance technologies to reduce the company’s carbon emissions and develop new products to help its customers do the same.
Hydrogen seen as green way forward
Hydrogen seen as green way forward
By ZHENG XIN | China Daily Global | Updated: 2021-01-06 00:00
Global energy giant Royal Dutch Shell is also betting big on China’s hydrogen development while further involving itself in the country’s hydrogen projects after it unveiled its first commercial hydrogen project in China in November, which includes a 20-megawatt electrolyzer that will produce hydrogen and supply refueling stations in Zhangjiakou, one of the co-hosts of the Beijing 2022 Winter Olympics.
Shell Wants Its Oil Refineries to Make Things You Don’t Burn
Shell Wants Its Oil Refineries to Make Things You Don’t Burn
Bloomberg News: 2 December 2020, 07:51 GMT
- Energy giant to focus on chemicals, lubricants and bitumen
- Producer to eventually lower number of refineries from 14 to 6
Royal Dutch Shell Plc has a plan to reduce its carbon emissions — sell fewer products its customers can burn.
The European energy giant is reconfiguring — and shrinking — its refining and petrochemicals business to focus less on fuel that is combusted and emits greenhouse gases, and more on the chemicals, lubricants and bitumen that keep carbon trapped inside them, Huibert Vigeveno, the company’s downstream director, said in an interview at the BloombergNEF summit in Shanghai.
Shell Acquires Full Control of Chinese Gas Station Joint Venture
Shell Acquires Full Control of Chinese Gas Station Joint Venture
Royal Dutch Shell Plc has acquired full control of one of its gas station joint ventures in China as the oil major doubles down on the fuel retailing market in the world’s second-largest economy.
Shell has agreed to buy the stake it didn’t already own in Chongqing Doyen Shell Petroleum & Chemical Co. and completed the deal on Oct. 19, a company representative said following a Bloomberg inquiry.
The oil major paid about 1 billion yuan ($149 million) for 51% of the joint venture, according to a person familiar with the matter. That marked the full exit of Chongqing Doyen Shuorun Petrochemical Group Ltd. in the gas station chain, which was founded in 2006.
Should you ditch energy giants as the age of oil ends?
Should you ditch energy giants as the age of oil ends? Or try to clean up as they go green?
There has been talk of the demise of oil and gas for decades. But you know that things are getting serious when even the boss of oil giant BP, Bernard Looney, warns that demand for oil may peak in the next few years and then decline.
The so-called energy transition from fossil fuels to renewables is gaining momentum.
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