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Beyond petroleum (aka peak oil matters)

dspp
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Beyond petroleum (aka peak oil matters)

#105592

Postby dspp » December 21st, 2017, 6:25 pm

... the Shell way .....
https://www.theguardian.com/business/2017/dec/21/shell-to-supply-energy-to-uk-households-after-takeover-of-first-utility

The Anglo-Dutch oil company Shell will soon be selling electricity and gas direct to householders in the UK for the first time after buying one of the county’s biggest energy suppliers, First Utility. The acquisition of the largest supplier outside of the “big six” compounds a year of upheaval in the UK energy market, which is already being transformed by the proposed merger of Npower and SSE and the imposition of price caps. Shell has bought First Utility outright for an undisclosed sum, and will be supplying 825,000 households if the deal completes as expected at the end of February. Industry figures said the price was likely in the region of £200m-£300m. The move is the latest in a buying spree by Shell, which has acquired two electric car infrastructure firms in recent months as it diversifies beyond oil and gas.

and of course the offshore wind bids it is involved in.

regards, dspp
(overweight RDSB fwiw )

dspp
Lemon Quarter
Posts: 2254
Joined: November 4th, 2016, 10:53 am
Has thanked: 1227 times
Been thanked: 379 times

Re: Beyond petroleum (aka peak oil matters)

#152638

Postby dspp » July 16th, 2018, 10:59 am

WoodMac forecasts peak oil demand in 2036 ..

"Long-term Outlook includes our forecast of price, supply, and demand as well as a series of themes that address the complexity of the oil market to 2040. We summarise the key takeaways from each theme and interpret what it means for oil price. In broad terms, we address the following supply themes: OPEC and geopolitics The growth in US tight oil Non-OPEC supply On demand, tectonic shifts in the transport sector lead to a peak in oil demand in 2036. Robust growth in petrochemical demand is insufficient to counter the decline in gasoline. "

paywalled at https://www.woodmac.com/reports/oil-mar ... -55741941/

- dspp


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