Royal Dutch Shell provoked a furious backlash from campaigners yesterday when it announced plans to scale back its renewable energy business and focus purely on oil, gas and biofuels. Jeroen van der Veer, the chief executive, said that Shell, the worldโs second-largest non-state-controlled oil company, was planning to drop all new investment in wind, solar and hydrogenย energy.
Residents, activists, and a state commissioner critiqued the deals, approved under the top oil regulator, who is stepping down following a DeSmog investigation.
The Reform leader is set to trigger a by-election in his seat.
The GB News co-ownerโs hedge fund has multiplied its oil and gas holdings.
Investor call transcripts show that gas companies see the data centre build-out as their next growth sector, even as the energy transition accelerates.
