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Oil Giant Shell Rumored To Ditch Renewable Energy Investments And Refocus On Fossil Fuels

winepressnews.com

by Jacob M. Thompson

 

“What would be dangerous and irresponsible is cutting oil and gas production so that the cost of living, as we saw last year, starts to shoot up again.”

The following report is by Just The News:

Amid multiple leadership changes, the massive oil and gas company Shell is looking to dilute its green energy operations as part of its recent shift back towards fossil fuels, according to a report from The Telegraph.

Days after the company’s renewable generation head, Thomas Brostrom, was revealed to be leaving the company, The Telegraph reported that Shell was seeking third parties to sell off much of its renewable energy investments.

Brostrom was appointed to lead Shell’s renewable energy division after inheriting it from Elisabeth Brinton in February 2022. He “elected to leave Shell to pursue an external opportunity,” a spokesperson for the company is reported to have said…

READ FULL ARTICLE HERE… (winepressnews.com)

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