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
5 December 2024
Completion of phase-one construction expected in 2027 as technology providers SLB and Linde take equity stakes in one of world’s largest CCS projects
5 December 2024
The new edition of Outlook, our annual publication about the year ahead for energy, produced in association with White & Case, is available now
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Agreements on how to operationalise both Article 6.2 and 6.4 will mean countries can start to trade emissions reductions as part of their contributions to the Paris Agreement
