Posts under ‘Low Carbon’

Breaking News: Security Fiasco at Shell AGM. 

11.15 am 24 May 2022

Shell Plc Chairman Sir Andrew Mackenzie announced to assembled shareholders that the AGM meeting is halted because protestors have superglued themselves to seats. 

Does the question, therefore, arise of how the activists managed to smuggle superglue into the AGM? The possibility must have been considered bearing in mind that the same superglue tactics have been used previously on a number of occasions by protestors at the Shell Centre building and reported extensively by the news media? read more

Shell boss Ben van Beurden slammed for reaping more than £18m ahead of possible shareholder rebellion

By FRANCESCA WASHTELL, FINANCIAL MAIL ON SUNDAY

PUBLISHED: 21:51, 21 May 2022 | UPDATED: 11:34, 22 May 2022

Shell boss Ben van Beurden has been slammed for reaping more than £18million ahead of a possible shareholder rebellion this week. 

Calculations by The Mail on Sunday show that the Dutch businessman – who has led Shell since 2014 – has seen the valuations of his shares and other payments soar.  read more

Extinction Rebellion activists have glued themselves to the reception desk of Shell’s London HQ.

Members of the group gained access to the building, on London’s Southbank, this afternoon and are occupying it and telling passing workers to change careers.

The protest is part of Extinction Rebellion’s “April rebellion”, which began on Saturday and has included mass roadblocks in the capital.

Speaking on a livestream from inside the building, one activist said: “We’re here to ask you to really think about what you’re doing. Do you really want to be part of this planetary destruction?” read more

Independent.ie

Shell to rejig renewables department after head announces departure

Elisabeth Brinton will leave her position as executive vice president for renewables and energy solutions

Laura Hurst: Bloomberg.com: January 26 2022 02:30 AM

Shell is reshuffling its renewables unit after the department’s head said she will step down.

Elisabeth Brinton will leave her position as executive vice president for renewables and energy solutions.

Her role won’t be directly replaced, with Thomas Brostrom, being appointed EVP of renewable generation and Steve Hill to be put in charge of energy marketing. read more

CNBC

Shell’s massive carbon capture facility in Canada emits far more than it captures, study says

• The “Quest” plant in Alberta, Canada, owned by oil giant Shell, has previously been touted as a “thriving example” of how CCS is working to significantly reduce carbon emissions.
• However, an investigation by watchdog group Global Witness, showed that while 5 million tons of carbon dioxide had been prevented from escaping into the atmosphere at the plant since 2015, it released a further 7.5 million tons of greenhouse gases over the same period.
• In response, a spokesperson for Shell told CNBC via email that the analysis was “simply wrong.”

One of the only facilities in the world that uses carbon capture and storage technology (CCS) to reduce the emissions of hydrogen production has been found to emit far more greenhouse gas emissions than it captures.

The Quest plant in Alberta, Canada, owned by oil giant Shell and designed to capture carbon emissions from oil sands operations and safely store them underground, has previously been touted as a “thriving example” of how CCS is working to significantly reduce carbon emissions. read more

Photo Credit: Photographic Services, Shell International Limited.

Shell to Build Biofuels Facility in Rotterdam

Dow Jones NEWSWIRES: Sept. 16, 2021 at 6:10 a.m. ET

By Jaime Llinares Taboada

Royal Dutch Shell PLC said Thursday that it will build a 820,000 metric ton-a-year biofuels facility at its Energy and Chemicals Park in Rotterdam, the Netherlands.

The energy company said it has reached a final investment decision on the project, which is expected to start production of low-carbon fuels in 2024. read more