Shell Share Discussion Threads

[waldron] 09/2/2020 07:17

• Motto Ewch yn Uwch
(Go Higher)

[xxxxxy] 08/2/2020 19:26

miami.modePosted February 5, 2020 at 6:03 pm | Permalink.....The aviation industry...plant based fuel.....What are we going to eat?

[xxxxxy] 08/2/2020 19:24

NormanPosted February 5, 2020 at 8:46 pm | PermalinkThe more I think about these proposals (electrification and automation of personal transport) the crazier it seems. This is typical SUBURBAN nonsense.Due to my life's work in rural areas, I cannot envisage how any of these new ideas would work. I think of all the farmers in the beautiful county of Shropshire. It would surely be well nigh impossible to get to so many remote locations along single-track roads in a self-driving car, let alone having to charge-up beforehand. I just remember the end of the horse transport era – a ride in a pony and trap was delightful on a sunny spring day! And of course in many countries, the horse is still the best way to get around off-road. Is that where we're headed? And would we need to drive livestock to market on the hoof?? Oops, no livestock except horses – everyone living on veggie-burgers (and vitamin B12 pills). With the carbon and nitrogen cycle disrupted, as well as soil structure, sounds like a recipe for famine, and then lawlessness. Is that what the Extinction Rebellion co-leader meant about 'wilding' and becoming feral? Never mind, call for the locusts – they make tasty fare! Is it just me, or is the cuckoo arriving earlier these days

[maywillow] 08/2/2020 18:44

xxxxxy
8 Feb '20 - 18:21 - 9554 of 9557
0 0 0
Photosynthesis.
Bed time reading and education for some.


xxxxxy
8 Feb '20 - 18:26 - 9555 of 9557
0 0 0
Oxygen levels over time.

[xxxxxy] 08/2/2020 18:26

Where did the water come from.

[xxxxxy] 08/2/2020 18:26

Oxygen levels over time.htTps://www.google.com/amp/s/www.livescience.com/amp/56219-earth-atmospheric-oxygen-levels-declining.html

[xxxxxy] 08/2/2020 18:21

Photosynthesis.Bed time reading and education for some.htTps://en.m.wikipedia.org/wiki/Photosynthesis

[pvb] 08/2/2020 18:06

xxxxxy 8 Feb '20 - 16:21 - 9550 of 9552

Carbon dioxide is good. Carbon dioxide is very good.
Photosynthesis is good.
Without it all life dies.

Carbon dioxide is essential for life on Planet Earth as we know it.

"Dihydrogen oxide is good. Dihydrogen oxide is very good.
Photosynthesis is good.
Without it all life dies.

Dihydrogen is essential for life on Planet Earth as we know it."

So, if we were all 10 feet deep in water (H2O) - everything would be even better than it is today! But...



Likewise:

"Oxygen is good. Oxygen is very good.
Photosynthesis is good.
Without it all life dies.

Oxygen is essential for life on Planet Earth as we know it."

So, if the atmosphere was 100% oxygen, we'd 'obviously' all be better off than now!

If you ignore the fact that oxygen is a dangerous poison... ;-(



It's that "common sense" thinking again, innit? :-)

[maywillow] 08/2/2020 17:06

Could This Be The Decade Of Green Hydrogen?
By Tsvetana Paraskova - Feb 08, 2020, 10:00 AM CST
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hydrogen

The pressure on the energy industry to curb carbon emissions while simultaneously meeting growing global demand has drawn attention to alternatives to fossil fuels.
Remaining Time -2:02

Of those alternatives, renewable energy is already making steady progress in electricity generation capacity, while another source of energy—hydrogen—is also gaining momentum and is being touted as a key fuel in the energy transition.

Hydrogen has the potential to become a key clean fuel source in the future that could help reduce greenhouse gas emissions—this could be the perfect solution to supplying growing amounts of low-carbon fuel and energy.

But not all hydrogen is created equal. There’s the so-called ‘grey’ hydrogen made from coal and natural gas, and this is nearly all the hydrogen currently produced in the world. Hydrogen production from natural gas emits CO2 every year equivalent to the CO2 emissions of the United Kingdom and Indonesia combined.

Then there’s ‘blue’ hydrogen, produced from natural gas with carbon capture and storage (CCS). Oil and gas supermajor BP says that blue hydrogen is currently the lowest-cost source of low carbon hydrogen at scale.

And finally, there’s the zero-emission hydrogen, the so-called ‘green’ hydrogen, produced using renewable energy with water electrolysis.

This is the hydrogen of the future and its development is set for a massive uptake in the next decade, enabled by ambitious climate goals and actions across major economies and by the continuously declining costs of renewables, proponents of the green hydrogen say.

Yet, massive investments and unprecedented policy support will be necessary to scale up green hydrogen production and make it cost-efficient.

According to the Hydrogen Council, a global CEO-level advisory body, the continuous scale up of hydrogen production and distribution could lead to a 50-percent decline in costs by 2030 for many hydrogen applications, making green hydrogen competitive with other low-carbon alternatives and, in some cases, even conventional options.

However, US$70 billion of investment will be needed to make hydrogen cost-competitive, the council says.

“Realising this ambitious vision for hydrogen’s role in the future of energy is far from automatic and requires investment above and beyond current commitments,” the Hydrogen Council said in its ‘Path to hydrogen competitiveness̵7; report last month.

In hydrogen production alone, achieving cost-competitive green hydrogen from electrolysis requires the deployment of aggregated 70 GW of electrolyser capacity, with an implied cumulative funding gap with ‘grey’ hydrogen production of U$20 billion. In transport and in heating for buildings and industry the investments needed are US$30 billion and US$17 billion, respectively, the report notes.

The cost of hydrogen is expected to drop drastically and imminently, and it’s up to policy-makers and investors to jump start this transition now, Hydrogen Council co-chairs Benoît Potier and Euisun Chung wrote last month.

While the US$70-billion investment in making hydrogen competitive looks huge, it is just a fraction of annual global spending on energy, accounting for less than 5 percent of that, Potier and Chung say.

A recent analysis by Wood Makenzie showed that green hydrogen costs could reach parity by 2030 in Australia, Germany, and Japan based on US$30 per megawatt-hour for renewables.

Globally, over US$3.5 billion worth of projects are in the pipeline for commissioning by 2025, WoodMac has estimated.

“Green hydrogen is a clean energy carrier and can decarbonise ‘difficult sectors’ such as steel, cement, chemicals, heating and heavy-duty trucking. It can also tackle the intermittency of renewables by diverting excess supply during the day to produce hydrogen that can be stored for use in the evening when demand is high,” Prakash Sharma, Head of Markets and Transitions in Asia Pacific at Wood Mackenzie, says.

The International Renewable Energy Agency (IRENA) believes that green hydrogen could play a central role in the global energy system and estimates that it could account for 8 percent of global energy consumption by 2050.

“Falling renewable power cost and falling capital cost for electrolyzers is creating an economic case for green hydrogen,” IRENA says.

Declining renewables costs and growing pressure for climate action could help the green hydrogen momentum going, but it will take a lot of investment and policy support to make green hydrogen a scaled-up competitive source of zero-emission energy.

By Tsvetana Paraskova for Oilprice.com

[xxxxxy] 08/2/2020 16:22

And those spent batteries. Big problems.

[xxxxxy] 08/2/2020 16:21

Carbon dioxide is good. Carbon dioxide is very good. Photosynthesis is good.Without it all life dies. Carbon dioxide is essential for life on Planet Earth as we know it.

[maywillow] 08/2/2020 16:19

xxxxxy
8 Feb '20 - 16:11 - 9547 of 9547

What has been decided today can be changed tomorrow

Changes take longer than first anticipated

ev cars are not the pancea perhaps and the energy charging industry will continue to pollute and be inefficient

By then steam cars will be all the rage

[xxxxxy] 08/2/2020 16:18

Ian WilsonPosted February 8, 2020 at 6:46 am | PermalinkSo-called "green" policies are often nothing of the kind.At the risk of repetition from recent days, wind turbines must be one of the most environmentally damaging means of energy production, may well not save CO2 over their life cycles (if that matters), are very costly with damage to households and industry alike and are hopelessly unreliable. A million turbines would not have kept Britain supplied in January's anticyclone. In Germany protests against new wind turbines are gathering pace – perhaps we need to follow suit.Likewise ministers are sweeping under the carpet the dirty side of electric cars, notably damaging mining and dangerous child labour.We are paying heavily for supposedly green initiatives which damage both the economy and environment, all to solve a probably non-problem. I have asked many parties and individuals why CO2 is so damaging at present levels when it clearly wasn't at between 4,000 and 8,000 ppm in prehistory, between 10 and 20 times present levels. I have yet to receive a cogent reply.

[neilyb675] 08/2/2020 13:35

EQT

Suggest you guys take a look this weekend.

[xxxxxy] 08/2/2020 09:10

The price of green policiesBy JOHNREDWOOD | Published: FEBRUARY 8, 2020Yesterday I heard a short discussion on the media about the rising cost of renewables on the typical electricity bill. Some think it unfair that  low income consumers have to pay the renewable surcharge alongside better off consumers. Others think it right as we are all users of power, and the cost has risen thanks to the renewable surcharge. Those who want to take the surcharge off lower income consumers either want the whole charge put onto general taxation as a subsidy to the power industry, or want means testing of the bills with reductions for low incomes.This raises the bigger question of how much are people prepared to pay to go green. In Chile there were riots over higher charges that led to the last global climate change conference having to move to a different country to avoid the protests. In France the jilets jaune movement started as a protest over high fuel taxes imposed for green policy reasons. In the UK it was popular politics to suspend or cancel  planned fuel tax increases.As governments consider new tough targets for the next fifteen years they start to have more reality. They do mean according to their advocates the end of all diesel and petrol cars, the wholesale replacement of all conventional heating systems in people's homes, the complete electrification of the railways and the total greening of the electricity generation system within a few years. Given the increasing reliance on electrical power it will also require a substantial increase in generating capacity.I would be interested to hear views on how much of these  big investment and spending programmes should be paid for by the users and consumers, and how much from  higher taxes on those same consumers. The polling points to a tension between the numbers who think we should do all these things, and  the numbers who think they should help pay for it. This also has a bearing on the pace of change people want.

[la forge] 07/2/2020 19:17

Shell to buy operating stakes in three oil blocks offshore Colombia
Feb. 7, 2020 10:46 AM ET|About: Ecopetrol S.A. (EC)|By: Carl Surran, SA News Editor

Ecopetrol (EC -0.3%) and Royal Dutch Shell (RDS.A -0.5%) will team up to develop three blocks in the Caribbean, the Colombian state-owned oil company says.

Under the deal, Shell will acquire a 50% operating stake in the Fuerte Sur, Purple Angel and COL-5 blocks in the deepwater Colombian Caribbean Sea; financial terms are not disclosed.

The blocks cover a recent gas discovery, and Ecopetrol says the two companies plan to drill a new appraisal well near the end of 2021.

Ecopetrol CEO Felipe Bayon said Shell's deepwater experience will help in verifying the production capacity of the reservoirs and their potential for future development.

[waldron] 07/2/2020 17:43

Oil Prices Swing as Investors Weigh Coronavirus Fallout
Print
Alert

By Sarah Toy

Oil prices seesawed this week as investors tried to gauge the fallout from the coronavirus that has sickened thousands in China and tamped down demand in the world's largest importer of oil.

Crude slid into a bear market on Monday, falling 20% from a recent peak hit in January, on worries about the coronavirus's effect on the global economy in a world flooded with oil. Prices then rose Wednesday amid unconfirmed reports that researchers at a Chinese university had found a treatment for the virus.

The rebound continued Thursday as the Organization of the Petroleum Exporting Countries and its allies met for a third day to debate a possible reduction in crude output. However, the cartel hit a snag when Russia rejected the Saudi-led effort to deepen OPEC's oil-production cuts.

U.S. crude futures fell 0.8% to $50.54 a barrel in Friday morning trade, while Brent, the global gauge of prices, fell 0.4% to $54.73 a barrel.

Analysts are forecasting sizable cuts to oil-demand growth as a result of the coronavirus, with JPMorgan slashing its global forecasts for the first quarter to 500,000 barrels a day from 1.15 million barrels a day. Investors are hoping the cartel and its allies will come to an agreement sometime next week.

"Overall, our neutral trading bias of this week is keeping us in a frame of mind in which we can construct a case for a WTI advance to about the $54 mark next week as easily as we can build an argument for a drop into fresh lows to around the $46 area," analysts at Ritterbusch & Associates wrote in a Friday note.

Elsewhere in commodities, natural-gas futures rose 1% to $1.881 per million British thermal units after hitting four-year lows earlier this week. A mild winter has weighed on prices of the commodity, and analysts have little hope for a weather-driven recovery as the season wanes and models continue to predict warmer temperatures.

Write to Sarah Toy at [e-mail]



(END) Dow Jones Newswires

February 07, 2020 12:08 ET (17:08 GMT)

[waldron] 07/2/2020 17:42

Brent Crude Oil NYMEX 54.76 -0.31%
Gasoline NYMEX 1.68 +0.68%
Natural Gas NYMEX 1.89 +0.32%
WTI 50.68 USD -1.46%

FTSE 100
7,466.7 -0.51%
Dow Jones
29,214.18 -0.56%
CAC 40
6,029.75 -0.14%
SBF 120
4,759.04 -0.16%
Euro STOXX 50
3,798.49 -0.14%
DAX
13,513.81 -0.45%
Ftse Mib
24,483.76 -0.03%


Eni
12.906 -0.49%

Total
45.26 -1.39%

Engie
15.64 -0.45%

Bp
470 -1.05%

Vodafone
153.04 +1.34%

Royal Dutch Shell A
1,996.6 -0.64%

Royal Dutch Shell B
1,986 -0.72%


Oh well still hanging on in to the 1975 to 2075p box

[waldron] 07/2/2020 17:22

Price (GBX) 1,986.00 Var % (+/-) -0.72% (Down -14.50)
High 2,002.50 Low 1,970.60
Volume 6,682,009 Last close 1,986.00 on 07-Feb-2020
Bid 1,988.40 Offer 1,988.80
Trading status Post-Close Special conditions NONE