Source: Shell Global
“Our accelerated strategy will drive down carbon emissions and will deliver value for our shareholders, our customers and wider society,” said Royal Dutch Shell Chief Executive Officer, Ben van Beurden.
“We must give our customers the products and services they want and need – products that have the lowest environmental impact. At the same time, we will use our established strengths to build on our competitive portfolio as we make the transition to be a net-zero emissions business in step with society.
“Whether our customers are motorists, households or businesses, we will use our global scale and trusted brand to grow in markets where demand for cleaner products and services is strongest, delivering more predictable cash flows and generating higher returns.”
The Hague, February 11, 2021 − Shell today set out its strategy to accelerate its transformation into a provider of net-zero emissions energy products and services, powered by growth in its customer-facing businesses. A disciplined cash allocation framework and rigorous approach to driving down carbon emissions will deliver value for shareholders, customers and wider society. Shell also confirmed its expectation that total carbon emissions for the company peaked in 2018, and oil production peaked in 2019.
“Our accelerated strategy will drive down carbon emissions and will deliver value for our shareholders, our customers and wider society,” said Royal Dutch Shell Chief Executive Officer, Ben van Beurden.
Within CSX’s NetOps center in Jacksonville, Fla., is a Fuel Conservation Desk that operates 24/7. Supported by multiple vendors and utilizing technology developed in-house, it monitors all active CSX linehaul locomotives in real time. (CSX photograph)
RAILWAY AGE, FEBRUARY 2021 ISSUE: CSX and MBTA’s commuter rail operation are improving locomotive performance and availability through precision monitoring and analysis of fuel and lube oil, respectively.
Fuel and lube oil are literally the lifeblood of a diesel-electric locomotive. Fuel is the second-largest railroad operating cost, after labor. And lube oil is far more complex than it may seem, as its chemistry is an accurate indicator of how well an engine is performing, and when a failure may be imminent. CSX and the MBTA’s commuter rail operation are using analytics and artificial intelligence (AI)-driven technology to optimize and analyze fuel and lube oil, respectively.
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Date: 27 May 2021