News and information on Shell Plc
Shell’s head of gas and renewables to leave company after 25 years
Tom Wilson in London: OCTOBER 15 2021
Royal Dutch Shell’s head of gas and renewable energy is leaving the business after 25 years, the latest shake-up in the teams leading the transition towards cleaner fuels at Europe’s energy majors. Maarten Wetselaar will be replaced as director of integrated gas and renewable and energy solutions by the current head of upstream Wael Sawan, the company said on Friday.
Shell Forecasts Rising LNG Demand as Global Economies Recover, with Supply Shortfall Looming
Royal Dutch Shell plc, one of the leading natural gas traders in the world, said Thursday consumption held steady in 2020 despite Covid-19 and is on course to expand as economies recover. However, a dearth in sanctioned projects is forecast to create a supply gap.
According to Shell’s annual global liquefied natural gas (LNG) trade report, consumption increased to 360 million metric tons (mmt) in 2020, versus 358 mmt in 2019.
XR activists protest Prelude “death machine”
The $12 billion vessel started up production in July last year, only to be shut in in February as it was plagued with technical problems and has been in lighthouse mode ever since, with frequent clashes between unions, Shell management and contractors like Sodexo about conditions on the vessel. Last week the company posted an impairment post-tax charge of A$924 million…
A GROUP of Extinction Rebellion protestors descended on Shell’s Perth headquarters over the weekend, defacing the entrance and writing chalk on the pavement in protest of Shell’s Prelude FLNG vessel, describing it as a “death machine”.
Police were called to the scene by Shell security, however no arrests or move on notices were made and by Monday morning all evidence of the protest had been removed.
Shell doesn’t intend to “get into an arms race” with peer supermajor BP over goals to reduce its carbon footprint, Maarten Wetselaar, Shell’s Integrated Gas & New Energies Director, told The Times a week after BP joined the pack of oil majors that have set carbon-reducing goals.
In December 2018, in an industry first, Shell said that it plans to set short-term targets for reducing the net carbon footprint of the energy products it sells, and to link those targets with executive remuneration.
Anjli Raval in London
Global demand for liquefied natural gas is expected to double to 700m tonnes by 2040 as energy consumption, particularly in Asia, rises and as the world shifts away from dirtier burning fuels, Royal Dutch Shell said on Thursday.
“The global LNG market continued to evolve in 2019, with demand increasing for LNG and natural gas in power and non-power sectors,” said Maarten Wetselaar, Shell’s head of gas and new energies. “Record supply investments will meet people’s growing need for the most flexible and cleanest-burning fossil fuel.”
January 22, 2020
As the fight against climate change continues, it gets easy to view the issue as a direct two-sided conflict. It seems to be the idea of many that fossil fuel companies are trying to keep oil, coal and other nonrenewable resources, which have been the mainstay of the American power network, firmly in place at the top of energy production. However, this doesn’t seem to be the case. The real fight isn’t over whether or not the world goes green, it’s about when it does and who gets to hold or gain power in the revolutionized world that is fast-approaching. The green revolution is inevitable.
The Times
Royal Dutch Shell has suffered a setback in its push into green energy after losing out to Mitsubishi in the €4 billion battle for a Dutch power utility.
The Anglo-Dutch energy group had been pursuing the acquisition of Eneco in a joint bid with PGGM, a Dutch pension fund service provider, but it was beaten yesterday by the Japanese conglomerate.
Maarten Wetselaar, head of Shell’s “new energies” division, said that he was “disappointed” but would continue to look for other opportunities in the transition to greener energy.
Sonali Paul: 11 JUNE 2019
* Prelude seals Australia as world’s top LNG exporter
* Prelude marks last of Australia’s $200 bln LNG construction boom
* Start-up comes amid glut in LNG market
* Rival Ichthys LNG could sap some Prelude gas reserves (Adds comment on Prelude gas sources)
By Sonali Paul
MELBOURNE, June 11 (Reuters) – Royal Dutch Shell on Monday shipped the long-awaited first cargo of liquefied natural gas from its massive Prelude floating LNG plant off northwest Australia, sealing the nation’s position as the world’s top exporter of the fuel.
LATEST FROM BLOOMBERG NEWS: 
By Kelly Gilblom, Jonathan Browning, and Chiara Albanese
7 May 2019, 12:29 BST
Royal Dutch Shell Plc and Eni SpA face additional corruption allegations over a Nigerian oil deal, after the West African country’s government said in a London lawsuit that it believes a handful of executives, including CEOs, were tied to more than $1 billion in bribery payments.
In court documents filed in early April, the Nigerian government said the oil companies’ senior managers agreed in 2011 to make a large payment for an offshore oil block, understanding the money would trickle down to government officials and senior executives from both companies. The filing singles out individuals who haven’t previously been caught up in the scandal, including former Shell Chief Executive Officer Peter Voser and Maarten Wetselaar, the current head of its large natural gas business.
NICK BUTLER
|About: Royal Dutch Shell plc (RDS.A)| By: Carl Surran, SA News Editor
Colombia’s government says it signed two offshore exploration and production contracts with Royal Dutch Shell (RDS.A, RDS.B) that will require the company to make $100M in initial investments.
Shell’s investment could surpass $650M if exploration continues, according to the president of Colombia’s National Hydrocarbons Agency.
The government recently modified contractual terms for offshore exploration and launched a new process that allows companies to apply to explore in areas of interest, offering 20 blocks as part of a strategy to boost the oil sector.
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Shell Offshore to pay $2.2 million fine for 2016 Gulf spill
By Mark Schleifstein, NOLA.com | The Times-Picayune*****************************************************
ROYAL Dutch Shell boss Ben van Beurden has underlined the fact the company wants to grow in the UK North Sea even as he expressed concern about the prospect of a no-deal Brexit. Speaking after Shell posted a 36 per cent increase in annual profits to a four year high of $21.4 billion (£16.3bn), from $15.8bn, Mr van Beurden said the oil giant believed a no deal Brexit would be “a very bad outcome” but had prepared for the possibility. FULL ARTICLE************************************************
By CYRIL DIXONExecutives at the British-Dutch company were jubilant after reporting a £4.3billion surplus for the final quarter of last year. But critics pointed out that the “strong financial performance” came at the expense of millions of drivers. Campaigners are demanding a new watchdog for pump prices after they rose more than 11 percent year-on-year. FULL ARTICLE
Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad.
Beeldbewerking FD studio
The construction of a large wind farm in the North Sea, an offer for Eneco and the acquisition of the charging station company NewMotion; it is the big steps that everyone can see that oil and gas multinational Shell is putting to a little less fossil. But under the bonnet of Shell and out of view of the general public, many smaller investments in start-ups give at least as interesting an insight into Shell’s view of the future. A search for the green future of Shell.
Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad.
Maarten Wetselaar (l) and Frank Roeters of Lennep: ‘We do not intend to buy Eneco with a load of debt and then strip it.’ Photo: Peter Boer
Eneco does not have to worry about losing its sustainable character when it comes to selling to Shell and pension provider PGGM. That is what the two potential buyers of the Dutch energy company say to the FD. Some of the shareholders and staff are afraid that a sale will put an end to Eneco’s sustainable strategy.
Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad. 
Maarten Wetselaar: ‘There has been a period of thirty years in which the industry and we also only talked about the largest oil platforms that were built and the deepest wells that were drilled.’ Photo: Michel de Groot
ShellRDSA € 27.85 + 1.05% is still an oil and gas multinational, but is sorting for a future in which it will become one of the largest electricity companies. ‘We are faced with a revolution’, says Maarten Wetselaar, member of the Executive Board of Shell in an interview with the FD. He is responsible, among other things, for the New Energies division that was established two years ago.
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