Archive for November, 2010

Shell – Sustainable solutions to global energy development challenges

Global energy and petrochemicals company Shell has announced that it will implement a new enterprise-based model for tackling global development challenges.

The report entitled Enterprise Solutions to Scale was released by the Shell Foundation and charts its ten-year journey towards cost-effective, sustainable solutions whose impact can grow to a global level over time.

Shell Foundation has set out to share the lessons learned from their successes and failures over the past decade to deliver scale of impact through applying enterprise-based approaches.  The intention is that the foundation’s transparency, as well as the lessons learned, is of broad interest to their peers who equally seek to achieve scale and sustainability.

The approach, which focuses upon establishing pioneers with new ways of working that target scale of impact and financial viability from the outset, has evolved continuously since the Foundation’s creation in 2000.

Enterprise Solutions to Scale documents ten years of highs and lows in applying business thinking, models and disciplines to a host of development challenges. To illustrate the impact of working in this way Shell Foundation recounts the co-creation of four strategic partners, tackling markedly different development issues (sustainable transport, growing small enterprises in Africa, reducing indoor air pollution and promoting ethical trade), that have each successfully achieved scale.

Drawing from common features underpinning these partnerships, and also from what didn’t work along the way, the report offers a new model to deliver cost-effective, sustainable solutions that can have a global reach over time.

The key findings of the report include:  

  • The need to catalyse disruptive change: achieving scale by co-creating new entities, using new business models
  • The importance of building sectoral partners: large-scale change is hard, requiring “more than money”, time, patience and considerable investment
  • Moving from subsidy to earned income: targeting financial viability means less reliance on aid. Growth benefits more people and innovation means enterprises can provide customers with more affordable goods and services.

marcus evans Energy presents oil and gas energy events, created by experienced professionals and with information presented by industry experts. 

The key findings of the report include:

·    The need to catalyse disruptive change: achieving scale by co-creating new entities, using new business models

·    The importance of building sectoral partners: large-scale change is hard, requiring “more than money”, time, patience and considerable investment

·    Moving from subsidy to earned income: targeting financial viability means less reliance on aid. Growth benefits more people and innovation means enterprises can provide customers with more affordable goods and services.

marcus evans Energy presents oil and gas energy events, created by experienced professionals and with information presented by industry experts.

Oil giant announces profits jump

The substantial profits recorded by leading oil company, Royal Dutch Shell, will lead to new growth as the firm announce good results in the third quarter.

Shell has enjoyed profit rebounds and increasing production of late, which it says has presented the firm with a window of opportunity in which to expand.

Profit in quarter three rose by a factor of 18 per cent to reach $3.5 billion based on the cost of supply at present.

These results were further improved thanks to the rising price for oil and gas, alongside tactical economising.

Shell’s chief executive, Peter Voser, said the oil firm was making good progress against targets, and that there is more to come from Shell.

Marcus Evans presents oil and gas events, created by experienced professionals and with information presented by industry experts. ADNFCR-3554-ID-19946084-ADNFCR

Petrol causing further misery for Brits?

Britain’s motorists could be set for more bad news amid the ongoing spending cuts, as the cost of crude oil, rising fuel duty and French blockades mean petrol prices are set to rise.

Some reports say unleaded could reach record levels of £1.25 per litre, the peak of which wouldn’t be seen until the start of 2011.

Industry commentators have warned that such a mix of circumstances could push the UK further towards the grip of a double-dip recession – because the amount of income enjoyed by British homes is already diminished.

Oil prices globally have leapt by $10 a barrel up to $80 in the last month alone, and in January Britons can expect further hikes in duty and VAT hitting 20 per cent.

Marcus Evans presents oil and gas events, created by experienced professionals and with information presented by industry experts. ADNFCR-3554-ID-19945225-ADNFCR

Oil rises for second day

Oil rose for the second day this week amid speculation of economic stimulus in the US and the growth of manufacturing in China.

The world’s biggest consumer of utilities is said to be willing to pay between $70 and $90 a barrel, according to the Saudi oil minister Ali al-Naimi.

Crude increased in value to $83 per barrel yesterday ahead of the Federal Reserve meeting in the US.

It is expected the Reserve could agree to source $500 billion of investment for the purpose of long term security.

Investors are predicting that demand for fuel will rise as the global recovery endures.

Manufacturing in the US has performed strongly along with output in China, and the Institute for Supply Management’s US factory index, currently reflects this.

Marcus Evans presents oil and gas events, created by experienced professionals and with information presented by industry experts. ADNFCR-3554-ID-19946529-ADNFCR