Shell Oil CEO says his next car will be electric

July 31, 2017 by  
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You know the electric vehicle era has arrived when even oil execs are giving up their gas-powered cars for battery-powered cars. Royal Dutch Shell CEO Ben Van Beurden just announced that his next car will be an electric Mercedes-Benz S550e. Beurden will be ditching his diesel car when he purchases the plug-in hybrid this September. When Beurden goes electric, he will be joining Chief Financial Officer Jessica Uhl, who already drives a BMW i3. “The whole move to electrify the economy, electrify mobility in places like northwest Europe, in the U.S., even in China, is a good thing,” Van Beurden said on Bloomberg TV. “We need to be at a much higher degree of electric vehicle penetration — or hydrogen vehicles or gas vehicles — if we want to stay within the 2-degrees Celsius outcome.” Related: Electric cars could reach cost parity with conventional cars by next year Shell is moving into the EV market, announcing in February that it will start installing chargers at its gas stations this year. Britain and the Netherlands are the first two countries that will see electric vehicle chargers at Shell gas stations with the battery charging infrastructure eventually being deployed at all of the 25,000 Shell-branded gas stations in the world. Bloomberg New Energy Finance predicts that a third of the world’s cars will be plug-in by 2040, the same year that both Britain and France  plan to ban the sale of new diesel and petrol cars. Via Autoblog Image via Flickr

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Shell Oil CEO says his next car will be electric

Shell to Stop Drilling for Alaskan Oil Due to Falling Profits

January 30, 2014 by  
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Alaska oil pipeline / Shutterstock Shell’s incoming CEO Ben van Beurden recently announced that a court ruling has placed “significant obstacles” in the way of oil exploitation in Alaska . Europe’s largest energy company also announced that it will cut capital spending by around $10 billion this year and sell many of its assets in an effort to become more efficient. As old oil fields fade faster than new ones can be tapped into, Shell plans to shift its focus towards liquefied natural gas projects in places such as the Gulf of Mexico and Brazil. Read the rest of Shell to Stop Drilling for Alaskan Oil Due to Falling Profits Permalink | Add to del.icio.us | digg Post tags: Arctic Drilling , Ben van Beurden , fossil fuel , liquefied natural gas projects in Brazil , liquefied natural gas projects in Mexico , natural gas , oil drilling in Alaska , oil exploitation in Alaska , renewable energy , Shell , Shell in Alaska , Shell’s new CEO , Voser’s watch oil drilling        

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Shell to Stop Drilling for Alaskan Oil Due to Falling Profits

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