Ben van Beurden, CEO of Shell
Energy transition a ‘massively complex’ challenge – van Beurden
Shift to clean energy will take decades, but Shell has the skills to make it happen, outgoing CEO says
The energy transition presents oil majors with a “massively complex” challenge over several decades, with multiple risks for their businesses, outgoing Shell CEO Ben van Beurden has warned. The process will demand “very significant” risk management, global reach and much closer engagement with customers, which have declared their aim to reach net-zero without knowing how to achieve it, van Beurden told the Energy Intelligence Forum in London this week. “The challenge is, how to go to this valley of change, which can turn into a valley of death if you are not very careful,” he says. “The challenge is, how to go to this valley of change, which can turn into a valley of death if you are n
Also in this section
22 July 2025
Africa’s most populous nation puts cap-and-trade and voluntary markets at the centre of its emerging strategy to achieve net zero by 2060
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
