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Posts Tagged ‘Renewables’

Will the hoped-for green jobs materialise?

Although BP and Shell have pulled out of the UK offshore market, others such as Masdar, the Abu Dhabi government’s investment vehicle for sustainable energy, moved to fill the gap. Masdar acquired a 20 per cent stake in in the £2bn London Array offshore wind project after Shell walked away.

Stranded but not sunk amid a deepening financial storm

In May, Shell provoked uproar when it withdrew from the world’s largest offshore windfarm – the London Array in the Thames Estuary – after the costs allegedly had risen from £1 billion in 2003 to £3 billion.

Government offers discount royalty rates on shale

Shell is experimenting with a plan to heat oil shale in situ — in place underground — and then extract high quality oil suitable for uses such as jet fuel.

Oil multinationals in “Renewable Energy” – it makes no sense.

We continue to be deluged with corporate advertising claiming that the multinational oil companies are in the vanguard in promoting the benefits of renewable energy. The latest ads from BP, the “beyond petroleum” company, are a case in point. They say that a combination of Oil+Gas+Wind+Solar+Biofuels will give the world a “dependable energy future”. True [...]

Shell’s technology chief has his eye on innovation

Jan van der Eijk, Royal Dutch Shell’s chief technology officer, oversees the oil major’s technology initiatives, such as use of seismic imaging to map out possible oil deposits beneath the sea floor, mining Canada’s oil sands and squeezing more oil from existing wells.

Biodiesel breakthrough comes at £13m cost to BP-backed firm

“We are pleased to have demonstrated through the delivery of our first crude vegetable oil the potential of jatropha as a biofuel crop,” said Lord Oxburgh, the former chairman of Shell who is now chairman of D1.

Chris Osborne: water and fuel. . . who will arbitrate in scramble for resources?

Isn’t the professed devotion of Shell and BP today to renewables mere greenwash, though? “Greenwash is a pejorative term. I’m not sure that’s warranted. These are companies like any other companies and they exist to make money.”

The majors: The older oil giants move into a new and troubled world

…at every turn the oil majors risk coming up against competitors that are more expert than they are.

Another science blog sponsored by Shell, greenwash champions

Shell exec speaks on carbon dioxide capture and storage Earth & Sky Radio Series with hosts DEBORAH BYRD, JOEL BLOCK, LINDSAY PATTERSON and JORGE SALAZAR.Discuss Download Photo: Hamad Saber John Barry: We know that the C02 concentration in the atmosphere has gone up measurably in recent years. We also know that it’s not what’s happened so far that is the problem. It’s [...]

Former Shell Exec Paddy Briggs comments on Shell’s sale of its stake in the London Array Wind Farm

By Paddy Briggs This is important news. These two major companies would not have made this investment if they did not think that the project was viable. So Shell’s withdrawal has nothing to do with the inherent merits of the project but with their continued aversion to activities away form their core hydrocarbon business. As [...]

OPEC ministers meet amid market turmoil

With prices skyrocketing and supply fears growing, energy ministers from the world’s major producing nations and multinational oil company heads face unprecedented challenges at this year’s World Petroleum Congress.

Shell CEO, like OPEC, sees no oil shortages now

Van der Veer, who is due to retire next year after almost four decades with the company, is in Malaysia to meet top Shell executives.

Energy boss with the wind in his sails

Shell has pulled out of the world’s biggest offshore wind farm, the London Array, off the Kent and Essex coasts, amid soaring costs;

He does accept that Shell’s decision to concentrate on the US, where the biggest and most attractive opportunities in the wind business exist, is part of a wider trend.

Gordon Brown in a hurry to get nowhere

No matter what the Government says, there is no solution to the problem of dear energy. Nuclear power is expensive and will not be here for at least a decade; renewables are also very expensive – Shell has pulled out of a big scheme in England which made no economic sense; and the Russians have all the gas.

Green business boom is set to face trial by economic downturn

There was a nervy response to Shell’s decision this month to pull out of the giant London Array wind farm, although the company insisted it was a business decision and not down to dwindling interest in renewable energy.