Speeches 2007

Wanted! Oil and Gas

18/10/2007

Speech given by Jeroen van der Veer, Chief Executive of Royal Dutch Shell plc at the Stockton Lecture Series, London Business School, 18 October 2007

Speech given by Jeroen van der Veer, Chief Executive of Royal Dutch Shell plc at the Stockton Lecture Series, London Business School, 18 October 2007

In this speech, Royal Dutch Shell’s Chief Executive, Jeroen van der Veer, explains why International Oil&Gas companies (IOCs) like Shell are part of a growth industry. The demand for hydrocarbons is growing. A company like Shell possesses the skills to open up new energy frontiers and help keep up the supplies of oil and gas that the world needs for economic development. At the same time, Shell wants to contribute to the gradual transition from a high-carbon to a low-carbon energy system. Shell is actively engaged in developing second-generation biofuels, is a large player in wind energy and invests in thin-film solar technology and hydrogen demonstration projects. And we believe that Carbon Capture and Storage is an indispensable element of an effective CO2 mitigation effort, but will require government support to take off.

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