Main content | back to top
News and Media Releases
Shell blends second advanced biofuel into Scuderia Ferrari race fuel at South Korea Grand Prix
Since the start of the Formula One season in March, the fuel Shell supplied to Scuderia Ferrari has contained a biofuel component made from cellulosic ethanol, an advanced biofuel made from straw. For the remaining three races of the season, the Shell fuel will contain both advanced biofuels.
The Virent process uses catalysts to convert plant sugars directly into petrol and petrol blend components, like those produced at a petroleum refinery. The sugars can be sourced from more sustainable non-food raw materials such as corn stover, wheat straw and sugar cane residue, or from conventional biofuel feedstocks such as sugar beet, corn, wheat and sugar cane. The energy content of Virent’s ‘‘biogasoline’’ is the same as or better than premium petrol and can be blended seamlessly into conventional petrol. In the future this could eliminate the need for any specialised infrastructure, engine modifications or blending equipment for use by Shell’s customers.
Shell has been working closely together with Scuderia Ferrari all season to develop the fuel supplied, by leveraging the current FIA regulations and continuing to optimise fuel performance.
“We are delighted that the fuel we are supplying to Scuderia Ferrari this season contains a second advanced bio-component,” says Dr Lisa Lilley, Shell’s Technology Manager for Ferrari. “This announcement clearly demonstrates Shell’s leadership and commitment to the development of sustainable, lower-carbon fuels. At Shell, we are accelerating the research, development and demonstration of advanced biofuels and we are committed to technical innovation through our motorsport activities.”
“We are very pleased to be the first Formula One team to be using two advanced biofuel components in our racing fuel, developed and supplied by Shell,” says Luca Marmorini, Head of the Engine & Electronics Department, Scuderia Ferrari. “Ferrari is proud to share the same commitment as Shell, in developing a more sustainable future in Formula One.”
Shell Global Media Relations
+31 (0)70 377 3600
Virent Energy Systems, Wisconsin, US
+1 (608) 237-8615
Notes to editors
Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 90 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com
Shell is working to meet government mandates for biofuel and has become the world’s largest distributor of biofuels. The company is working with biofuel manufacturers to secure cost-effective supply with clear social and environmental standards. Shell is a leader in the development of advanced biofuels. In addition to its collaboration with Virent, Shell’s global programme includes collaborations with Iogen Energy (on the production of enzymatic cellulosic ethanol from agricultural waste), Codexis (on enzyme conversion) and a joint venture called Cellana (research of marine algae for vegetable oil).
Virent Energy Systems, Inc
Virent’s BioForming(R) process is a leading technology for the production of sustainable advanced biofuels, including ‘‘biogasoline’’, diesel, and jet fuel, and many chemicals. The process has won numerous technology and innovation awards including the U.S. Environmental Protection Agency’s Presidential Green Chemistry Challenge and the World Economic Forum’s Technology Pioneer awards. Virent has 95 employees and a state of the art catalytic biorefining development facility located in Madison, Wisconsin. Virent counts premier, global companies Cargill, Shell, and Honda, among its investors. The BioForming technology is based on the patented Aqueous Phase Reforming process. To learn more, visit: www.virent.com
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this press release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this press release refer to companies in which Royal Dutch Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence. The companies in which Shell has significant influence but not control are referred to as “associated companies” or “associates” and companies in which Shell has joint control are referred to as “jointly controlled entities”. In this press release, associates and jointly controlled entities are also referred to as “equity-accounted investments”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect (for example, through our 34% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.
This press release contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘intend’’, ‘‘may’’, ‘‘plan’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘probably’’, ‘‘project’’, ‘‘will’’, ‘‘seek’’, ‘‘target’’, ‘‘risks’’, ‘‘goals’’, ‘‘should’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2009 (available at www.shell.com/investor and www.sec.gov ). These factors also should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, 19/10/2010. Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.
The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We may have used certain terms in this press release that SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov . You can also obtain these forms from the SEC by calling 1-800-SEC-0330.