Peter Voser, CEO of Shell, discusses innovation and the future of energy, one of the most timely and important topics to be discussed at the Churchill Club this year. Population growth; massive and growing demands for energy/water/food; climate stresses; low levels of trust among business, governments and individuals; and other factors conspire to create a complex ecosystem that is both challenging and ripe with opportunity.
Rich Karlgaard is the publisher of Forbes, the nation's highest-circulation business publication, and editor of Forbes ASAP, a magazine covering the major developments, trends and implications of the Information Age. Before starting ASAP, Karlgaard co-founded and edited Upside magazine, a monthly publication covering the computer industry and high-tech investments. Karlgaard also co-founded the 2,500 member Churchill Club, a nonprofit public affairs organization in Silicon Valley. For this effort, he was named a Northern California winner of the 1997 Ernst & Young "Entrepreneur of the Year" award. In 1997, Karlgaard co-founded garage.com, a leading Web-based startup capital firm. He is a regular guest on CNN/FN's "Digital Jam" and has written several Manager's Journal columns for The Wall Street Journal. He earned his degree at Stanford.
Peter Voser became Chief Executive Officer on July 1, 2009.
Before his appointment as CEO, Peter had been Chief Financial Officer (CFO) and an Executive Director of Royal Dutch Shell since 2004. He was CFO of the Royal Dutch/Shell Group of Companies from October 2004 to July 2005.
CEO of Royal Dutch Shell Peter Voser explains what economic factors drive the highly volatile price of oil. Although Voser believes that gas prices are too high, he doesn't expect them to fall greatly considering current geopolitical issues.
Multinational corporation comprising two founding companies, Royal Dutch Petroleum Co. of The Hague, Neth., and Shell Transport and Trading Co., PLC, of London, Eng. The two companies began as rivals. In London in 1878, Marcus Samuel took over his father's import-export business (which included Oriental shells) and started selling kerosene; he later entered the oil business in East Asia, and in 1897 he founded Shell Transport and Trading Co., Ltd. Meanwhile, in 1890 a group of Dutch businessmen founded the Royal Dutch Co. for the Exploitation of Oil Wells in the Dutch Indies, which built its first refinery in Sumatra in 1892. In 1907 the two companies merged into the Royal Dutch/Shell Group, which acquired producing concerns in Egypt, Iraq, Romania, Russia, Mexico, Venezuela, California, and Oklahoma. The group, commonly referred to as Shell, has used the scallop shell as its logo since the early 1900s. With interests in liquefied natural gas and petrochemicals as well as aviation, shipping, and automotive fuels, Royal Dutch Shell ranks among the largest oil companies in the world.
Scary to think that energy demands could possibly triple if we don't make changes and look for alternative energy sources.
An interesting article on climate change and our future: http://regenerativeramblings.tumblr....ability-matter