Ben van Beurden, Shell CEO
Shell targets new hydrogen and CCS projects in 2022
Oil major must be a pace setter in energy transition with a bolder strategy, CEO Ben van Beurden says
Shell aims to push ahead with significant new investments in hydrogen production and in carbon capture and storage (CCS) in 2022, according to CEO Ben van Beurden. The oil major needs to be a leader in the transition and must take risks by investing in low-carbon technologies even before markets have fully developed, he says in comments published by Shell this week. “We must create a culture where people are prepared to take more risks by providing low-carbon products in the expectation that we can sell them,” he says. “I am comfortable investing in the first hydrogen plant in the Netherlands without the first hydrogen trucks being on the road, for example, because we can see that it is a sp
Also in this section
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30
3 July 2025
European Commission introduces new flexibilities for member states to ease compliance with headline goal
1 July 2025
Supportive government policy, deforestation threat and economic opportunity drive forward the region’s monetisation of forest carbon
