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Shell renewables head steps down after CEO shifts company focus back to oil and gas

Shell oil

Less than two years into his tenure as head of Shell’s renewables business, Thomas Brostrøm is exiting the company to “pursue an external opportunity,” according to a spokesperson for the company. Brostrøm’s exit follows Shell CEO Wael Sawan’s highly criticized strategy to shift back to more oil and gas production, investing less into renewable energy.

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BYD and Shell partner up to expand energy and charging solutions in China and Europe

BYD Shell

Chinese EV automaker BYD announced it has found an unlikely partner in Shell to expand and promote a good deal of energy and charging technologies together throughout Europe and China. This includes EV charging network services, integrated home energy solutions, electric vehicle service centers, and more.

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Court orders Royal Dutch Shell to cut emissions in historic first

Shell

A court in the Netherlands today ordered Royal Dutch Shell to cut its carbon emissions by 45% by 2030 from 2019 levels. Previous to the ruling, Shell’s emissions reduction target was 20% by 2030.

It’s the first time activists have taken a major energy company to court to get it to overhaul its climate strategy, and they were successful.

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Shell buys Ubitricity, UK’s largest EV charging network

Shell EV charging

Royal Dutch Shell said today that it is acquiring 100% of Ubitricity, the UK’s largest public electric vehicle charging network. The amount of the acquisition is undisclosed, and the deal is expected to close later in 2021.

But Shell’s true road map to net zero by 2050 won’t become more clear until next month’s strategy update.

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Oil giant Shell accelerates electric vehicle effort with acquisition of network with over 30,000 chargers

Shell has been making a push to expand its services to electric vehicles over the last year. They announced that they would start deploying electric car charging stations in Britain and the Netherlands and we even saw their first Shell-branded charging station last month.

But the oil giant is really accelerating its electric vehicle effort this week with the acquisition of a major charging network.
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Shell to start deploying fast-charging EV stations with Allego at its gas stations

Some oil companies are well aware of the world’s car fleet fast transition to electric vehicles and they are looking to adapt. As electric cars increase in popularity, gas stations will be forcefully downgraded to simple convenience stores and consequently, they will lose a significant revenue stream.

Shell aims to not be left out in this transition by installing electric vehicle chargers at their gas stations.
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