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Global Business Environment at Shell
Accelerating a global clean energy transition has never been more vital to curbing the worst impacts of climate change, but greenhouse gas emissions and the use of hydrocarbons continues to rise.
And even as several global fossil fuel giants announce clean energy initiatives, net zero timelines, and carbon capture projects, they continue to invest in oil and gas.
For a closer look at the role that legacy fossil fuel companies can and should play in the clean energy transition moving forward, Host Jason Bordoff spoke with Laszlo Varro — Vice President of Global Business Environment at Shell.
Before taking this position, he spent a decade at the IEA as Head of Gas, Coal and Electricity Markets and then as the organization’s Chief Economist.
They spoke about his take on the IEA’s outlook on the transition, natural gas as a bridge fuel and how traditional oil companies like Shell are responding to growing consumer demand for a clean transition.
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Saudi Arabia’s recent moves into the liquefied natural gas (LNG) market may be a sign the giant oil exporter is looking to expand into a rapidly growing and politically influential market it had long ignored.
Over the past few decades, liquified natural gas (LNG) trade has evolved from the initial point-to-point business model of the 1960s to become more flexible.
Calls to "Drill, baby drill" are back with Donald Trump's return to the White House, and for US natural gas production, the catchphrase might also be a necessity over the next three years if demand for the fuel grows as steeply as expected.