In a shareholder message posted on Twitter this morning, Shell CEO Ben van Beurden said the Anglo-Dutch energy giant is “moving at pace” with its transition to net-zero-emissions and that the company had “unmatched” cash flows for the second quarter of the year.
Van Beurden also announced the start-up of Europe’s largest hydrogen electrolyser in Germany and its “intentions” for carbon capture projects in Canada and the United Kingdom.
The tweet was not well received by the handful of people who commented. They were critical of the company’s continued investment in hydrocarbons extraction. Their criticisms were shared by a Dutch court, which in May ordered the company to cut its carbon dioxide emissions by 45% by 2030.
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Shell had another strong set of results this quarter. The resilience of our operations and unmatched cash flows show we are delivering on our strategy.
— Shell (@Shell) July 29, 2021
📺 Hear from Shell CEO Ben van Beurden. #ShellResults #PoweringProgress
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