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The world’s oil and gas supermajors have been managing lots of headwinds these days not only from the market, but also rising social pressures to move more urgently to address the threat of climate change. Some oil majors have been exploring low-carbon sources of energy, expanding their businesses into power and other parts of the energy sector even as most of their capital expenditures remain in their traditional businesses. As such, the role of the oil and gas industry in the energy transition is a timely and increasingly important topic.
This week on the Columbia Energy Exchange podcast, host Jason Bordoff is joined by Maarten Wetselaar, Director of Integrated Gas & New Energies and Member of the Executive Committee of Royal Dutch Shell. He’s responsible for Shell’s gas business, including its industry-leading liquefied natural gas and gas-to-liquids businesses. He also leads the new energies business, including Shell’s investment in new fuels, new energy carriers, and new business models for a low-carbon future.
Jason and Maarten discuss the role of the oil and gas industry in the energy transition, and prospects for addressing climate change and reducing emissions, while meeting the growing demand for energy.
In passing and signing the Inflation Reduction Act in 2022, Congress and the Biden administration infused hundreds of billions of dollars into the energy transition. It was the...
In 1953, the New York Yankees beat the Brooklyn Dodgers in the World Series, “From Here to Eternity” won the Academy Award for Best Motion Picture. And on...
Emerging markets and developing economies are set to account for the largest source of emissions growth in the coming decades, according to the International Energy Agency. As population...
The artificial intelligence boom is fueling a massive uptick in energy demand globally.
ICEF develops roadmaps on how key innovative technologies can contribute to a transition to clean energy. Roadmaps consider industrial, academic and governmental perspectives to identify a realistic, fact-based pathway and meaningfully inform the work of all stakeholders.
Also in today’s newsletter, why private capital will not suffice for Africa’s climate needs
China’s demand for oil, long an important driver of global oil demand growth, slowed dramatically during January–September 2024. Between 2000 and 2023, China accounted for 50 percent of...