SlideShare a Scribd company logo
David Lawrence, Shell
Fuel Diversity Adds Stability to
Energy Companies
Introduction
 David Lawrence worked with Shell for almost three decades, ultimately
retiring from his post as executive vice president, exploration and
commercial of Shell Upstream Americas in 2013. Since retiring from
Shell, he has founded Lawrence Energy Group LLC, an energy
investment and advisory firm pursuing a variety of global plays. David
Lawrence stresses the importance of application of technology, unique
insights and operational excellence as well as a diverse energy
portfolio, which helps add stability to investors, energy companies, and
national economies.
A benefit of diverse portfolio to energy companies centers on flexibility.
Global energy markets are in a constant state of flux. If an energy
company invests exclusively in only one types of play or commodity, it
may gain the benefit of focus and concentration of expertise and
operational knowledge but it runs the risk of decreasing in value when
those energy sources dip in price. Energy companies with diverse
portfolios can respond to changes in local and global markets by shifting
resources away from away from one source and reallocating them to a
more profitable energy type.
From a consumer perspective, in the power sector this flexibility
translates to more reliable electricity for homes and businesses in the
United States. Stable energy also has broad effects on the economy as
a whole, making fuel diversity essential in ensuring a thriving economy.

More Related Content

Similar to Fuel Diversity Adds Stability to Energy Companies

P2 Solar Presentation
P2 Solar PresentationP2 Solar Presentation
P2 Solar Presentation
p2solar
 
Real Holdings Nuclear Energy
Real Holdings Nuclear Energy Real Holdings Nuclear Energy
Real Holdings Nuclear Energy
Real Holdings International Inc
 
Opportunities For Energy Efficiency Developments and Improvements
Opportunities For Energy Efficiency Developments and ImprovementsOpportunities For Energy Efficiency Developments and Improvements
Opportunities For Energy Efficiency Developments and Improvements
TNenergy
 
Opportunities For Energy Efficiency Developments and Improvements
Opportunities For Energy Efficiency Developments and ImprovementsOpportunities For Energy Efficiency Developments and Improvements
Opportunities For Energy Efficiency Developments and Improvements
TNenergy
 
Power to the People: Community Shared Solar
Power to the People: Community Shared SolarPower to the People: Community Shared Solar
Power to the People: Community Shared Solar
MCSaatchiNY
 
The what why and who of led
The what why and who of ledThe what why and who of led
The what why and who of led
Joondalup Business Association
 
News pub sar-2012
News pub sar-2012News pub sar-2012
News pub sar-2012
Dr Lendy Spires
 
Corporate Communication & Reputation Audit of Exelon
Corporate Communication & Reputation Audit of ExelonCorporate Communication & Reputation Audit of Exelon
Corporate Communication & Reputation Audit of Exelon
DePaul University
 
Power Forward- Why the World's Largest Companies Are Investing in Renewable E...
Power Forward- Why the World's Largest Companies Are Investing in Renewable E...Power Forward- Why the World's Largest Companies Are Investing in Renewable E...
Power Forward- Why the World's Largest Companies Are Investing in Renewable E...
Mark Molitor
 
Daniela Resume_2016
Daniela Resume_2016Daniela Resume_2016
Daniela Resume_2016
Daniela Manna
 
The ScottMadden Energy Industry Update – Winter 2013-2014
The ScottMadden Energy Industry Update – Winter 2013-2014The ScottMadden Energy Industry Update – Winter 2013-2014
The ScottMadden Energy Industry Update – Winter 2013-2014
ScottMadden, Inc.
 
RENEWABLE-ENERGY-SUN.pptx
RENEWABLE-ENERGY-SUN.pptxRENEWABLE-ENERGY-SUN.pptx
RENEWABLE-ENERGY-SUN.pptx
AbhijeetShingote
 
Scalable Hydrogen Energy Platform (SHEP).pdf
Scalable Hydrogen Energy Platform (SHEP).pdfScalable Hydrogen Energy Platform (SHEP).pdf
Scalable Hydrogen Energy Platform (SHEP).pdf
HNO International
 
The Positive Impact of Solar Energy on People and Countries
The Positive Impact of Solar Energy on People and CountriesThe Positive Impact of Solar Energy on People and Countries
The Positive Impact of Solar Energy on People and Countries
Reon Energy
 
The ScottMadden Energy Industry Update – August 2014
The ScottMadden Energy Industry Update – August 2014The ScottMadden Energy Industry Update – August 2014
The ScottMadden Energy Industry Update – August 2014
ScottMadden, Inc.
 

Similar to Fuel Diversity Adds Stability to Energy Companies (15)

P2 Solar Presentation
P2 Solar PresentationP2 Solar Presentation
P2 Solar Presentation
 
Real Holdings Nuclear Energy
Real Holdings Nuclear Energy Real Holdings Nuclear Energy
Real Holdings Nuclear Energy
 
Opportunities For Energy Efficiency Developments and Improvements
Opportunities For Energy Efficiency Developments and ImprovementsOpportunities For Energy Efficiency Developments and Improvements
Opportunities For Energy Efficiency Developments and Improvements
 
Opportunities For Energy Efficiency Developments and Improvements
Opportunities For Energy Efficiency Developments and ImprovementsOpportunities For Energy Efficiency Developments and Improvements
Opportunities For Energy Efficiency Developments and Improvements
 
Power to the People: Community Shared Solar
Power to the People: Community Shared SolarPower to the People: Community Shared Solar
Power to the People: Community Shared Solar
 
The what why and who of led
The what why and who of ledThe what why and who of led
The what why and who of led
 
News pub sar-2012
News pub sar-2012News pub sar-2012
News pub sar-2012
 
Corporate Communication & Reputation Audit of Exelon
Corporate Communication & Reputation Audit of ExelonCorporate Communication & Reputation Audit of Exelon
Corporate Communication & Reputation Audit of Exelon
 
Power Forward- Why the World's Largest Companies Are Investing in Renewable E...
Power Forward- Why the World's Largest Companies Are Investing in Renewable E...Power Forward- Why the World's Largest Companies Are Investing in Renewable E...
Power Forward- Why the World's Largest Companies Are Investing in Renewable E...
 
Daniela Resume_2016
Daniela Resume_2016Daniela Resume_2016
Daniela Resume_2016
 
The ScottMadden Energy Industry Update – Winter 2013-2014
The ScottMadden Energy Industry Update – Winter 2013-2014The ScottMadden Energy Industry Update – Winter 2013-2014
The ScottMadden Energy Industry Update – Winter 2013-2014
 
RENEWABLE-ENERGY-SUN.pptx
RENEWABLE-ENERGY-SUN.pptxRENEWABLE-ENERGY-SUN.pptx
RENEWABLE-ENERGY-SUN.pptx
 
Scalable Hydrogen Energy Platform (SHEP).pdf
Scalable Hydrogen Energy Platform (SHEP).pdfScalable Hydrogen Energy Platform (SHEP).pdf
Scalable Hydrogen Energy Platform (SHEP).pdf
 
The Positive Impact of Solar Energy on People and Countries
The Positive Impact of Solar Energy on People and CountriesThe Positive Impact of Solar Energy on People and Countries
The Positive Impact of Solar Energy on People and Countries
 
The ScottMadden Energy Industry Update – August 2014
The ScottMadden Energy Industry Update – August 2014The ScottMadden Energy Industry Update – August 2014
The ScottMadden Energy Industry Update – August 2014
 

More from David Lawrence (Shell)

As Renewables Make Gains, Global Fossil Fuel Consumption Increases
As Renewables Make Gains, Global Fossil Fuel Consumption IncreasesAs Renewables Make Gains, Global Fossil Fuel Consumption Increases
As Renewables Make Gains, Global Fossil Fuel Consumption Increases
David Lawrence (Shell)
 
AAPG’s Military Veterans Scholarship Program Helps Veterans in Need
AAPG’s Military Veterans Scholarship Program Helps Veterans in NeedAAPG’s Military Veterans Scholarship Program Helps Veterans in Need
AAPG’s Military Veterans Scholarship Program Helps Veterans in Need
David Lawrence (Shell)
 
AAPG’s 2017 Annual Convention
AAPG’s 2017 Annual ConventionAAPG’s 2017 Annual Convention
AAPG’s 2017 Annual Convention
David Lawrence (Shell)
 
Methods of Mining Uranium
Methods of Mining Uranium Methods of Mining Uranium
Methods of Mining Uranium
David Lawrence (Shell)
 
2016 Symposium on Post-Paris COP 21 Carbon Policy Takes Place at UW
2016 Symposium on Post-Paris COP 21 Carbon Policy Takes Place at UW 2016 Symposium on Post-Paris COP 21 Carbon Policy Takes Place at UW
2016 Symposium on Post-Paris COP 21 Carbon Policy Takes Place at UW
David Lawrence (Shell)
 
Dr. David Lawrence Discusses Delivering the World’s Energy Needs
Dr. David Lawrence Discusses Delivering the World’s Energy NeedsDr. David Lawrence Discusses Delivering the World’s Energy Needs
Dr. David Lawrence Discusses Delivering the World’s Energy Needs
David Lawrence (Shell)
 
Energy Poverty and Some of Its Impacts
Energy Poverty and Some of Its Impacts Energy Poverty and Some of Its Impacts
Energy Poverty and Some of Its Impacts
David Lawrence (Shell)
 
YCEI Seed Grant Stipulations
YCEI Seed Grant Stipulations YCEI Seed Grant Stipulations
YCEI Seed Grant Stipulations
David Lawrence (Shell)
 
Energy Industry Prepares for the 2016 Offshore Technology Conference
Energy Industry Prepares for the 2016 Offshore Technology ConferenceEnergy Industry Prepares for the 2016 Offshore Technology Conference
Energy Industry Prepares for the 2016 Offshore Technology Conference
David Lawrence (Shell)
 
Lawrence yae presentation
Lawrence yae presentationLawrence yae presentation
Lawrence yae presentation
David Lawrence (Shell)
 
Calculating and Reducing Your Carbon Footprint
Calculating and Reducing Your Carbon FootprintCalculating and Reducing Your Carbon Footprint
Calculating and Reducing Your Carbon Footprint
David Lawrence (Shell)
 

More from David Lawrence (Shell) (11)

As Renewables Make Gains, Global Fossil Fuel Consumption Increases
As Renewables Make Gains, Global Fossil Fuel Consumption IncreasesAs Renewables Make Gains, Global Fossil Fuel Consumption Increases
As Renewables Make Gains, Global Fossil Fuel Consumption Increases
 
AAPG’s Military Veterans Scholarship Program Helps Veterans in Need
AAPG’s Military Veterans Scholarship Program Helps Veterans in NeedAAPG’s Military Veterans Scholarship Program Helps Veterans in Need
AAPG’s Military Veterans Scholarship Program Helps Veterans in Need
 
AAPG’s 2017 Annual Convention
AAPG’s 2017 Annual ConventionAAPG’s 2017 Annual Convention
AAPG’s 2017 Annual Convention
 
Methods of Mining Uranium
Methods of Mining Uranium Methods of Mining Uranium
Methods of Mining Uranium
 
2016 Symposium on Post-Paris COP 21 Carbon Policy Takes Place at UW
2016 Symposium on Post-Paris COP 21 Carbon Policy Takes Place at UW 2016 Symposium on Post-Paris COP 21 Carbon Policy Takes Place at UW
2016 Symposium on Post-Paris COP 21 Carbon Policy Takes Place at UW
 
Dr. David Lawrence Discusses Delivering the World’s Energy Needs
Dr. David Lawrence Discusses Delivering the World’s Energy NeedsDr. David Lawrence Discusses Delivering the World’s Energy Needs
Dr. David Lawrence Discusses Delivering the World’s Energy Needs
 
Energy Poverty and Some of Its Impacts
Energy Poverty and Some of Its Impacts Energy Poverty and Some of Its Impacts
Energy Poverty and Some of Its Impacts
 
YCEI Seed Grant Stipulations
YCEI Seed Grant Stipulations YCEI Seed Grant Stipulations
YCEI Seed Grant Stipulations
 
Energy Industry Prepares for the 2016 Offshore Technology Conference
Energy Industry Prepares for the 2016 Offshore Technology ConferenceEnergy Industry Prepares for the 2016 Offshore Technology Conference
Energy Industry Prepares for the 2016 Offshore Technology Conference
 
Lawrence yae presentation
Lawrence yae presentationLawrence yae presentation
Lawrence yae presentation
 
Calculating and Reducing Your Carbon Footprint
Calculating and Reducing Your Carbon FootprintCalculating and Reducing Your Carbon Footprint
Calculating and Reducing Your Carbon Footprint
 

Recently uploaded

BRAIN TUMOR DETECTION for seminar ppt.pdf
BRAIN TUMOR DETECTION for seminar ppt.pdfBRAIN TUMOR DETECTION for seminar ppt.pdf
BRAIN TUMOR DETECTION for seminar ppt.pdf
LAXMAREDDY22
 
Data Driven Maintenance | UReason Webinar
Data Driven Maintenance | UReason WebinarData Driven Maintenance | UReason Webinar
Data Driven Maintenance | UReason Webinar
UReason
 
cnn.pptx Convolutional neural network used for image classication
cnn.pptx Convolutional neural network used for image classicationcnn.pptx Convolutional neural network used for image classication
cnn.pptx Convolutional neural network used for image classication
SakkaravarthiShanmug
 
Software Engineering and Project Management - Introduction, Modeling Concepts...
Software Engineering and Project Management - Introduction, Modeling Concepts...Software Engineering and Project Management - Introduction, Modeling Concepts...
Software Engineering and Project Management - Introduction, Modeling Concepts...
Prakhyath Rai
 
People as resource Grade IX.pdf minimala
People as resource Grade IX.pdf minimalaPeople as resource Grade IX.pdf minimala
People as resource Grade IX.pdf minimala
riddhimaagrawal986
 
ITSM Integration with MuleSoft.pptx
ITSM  Integration with MuleSoft.pptxITSM  Integration with MuleSoft.pptx
ITSM Integration with MuleSoft.pptx
VANDANAMOHANGOUDA
 
官方认证美国密歇根州立大学毕业证学位证书原版一模一样
官方认证美国密歇根州立大学毕业证学位证书原版一模一样官方认证美国密歇根州立大学毕业证学位证书原版一模一样
官方认证美国密歇根州立大学毕业证学位证书原版一模一样
171ticu
 
Curve Fitting in Numerical Methods Regression
Curve Fitting in Numerical Methods RegressionCurve Fitting in Numerical Methods Regression
Curve Fitting in Numerical Methods Regression
Nada Hikmah
 
Properties Railway Sleepers and Test.pptx
Properties Railway Sleepers and Test.pptxProperties Railway Sleepers and Test.pptx
Properties Railway Sleepers and Test.pptx
MDSABBIROJJAMANPAYEL
 
Unit-III-ELECTROCHEMICAL STORAGE DEVICES.ppt
Unit-III-ELECTROCHEMICAL STORAGE DEVICES.pptUnit-III-ELECTROCHEMICAL STORAGE DEVICES.ppt
Unit-III-ELECTROCHEMICAL STORAGE DEVICES.ppt
KrishnaveniKrishnara1
 
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...
IJECEIAES
 
integral complex analysis chapter 06 .pdf
integral complex analysis chapter 06 .pdfintegral complex analysis chapter 06 .pdf
integral complex analysis chapter 06 .pdf
gaafergoudaay7aga
 
IEEE Aerospace and Electronic Systems Society as a Graduate Student Member
IEEE Aerospace and Electronic Systems Society as a Graduate Student MemberIEEE Aerospace and Electronic Systems Society as a Graduate Student Member
IEEE Aerospace and Electronic Systems Society as a Graduate Student Member
VICTOR MAESTRE RAMIREZ
 
4. Mosca vol I -Fisica-Tipler-5ta-Edicion-Vol-1.pdf
4. Mosca vol I -Fisica-Tipler-5ta-Edicion-Vol-1.pdf4. Mosca vol I -Fisica-Tipler-5ta-Edicion-Vol-1.pdf
4. Mosca vol I -Fisica-Tipler-5ta-Edicion-Vol-1.pdf
Gino153088
 
Welding Metallurgy Ferrous Materials.pdf
Welding Metallurgy Ferrous Materials.pdfWelding Metallurgy Ferrous Materials.pdf
Welding Metallurgy Ferrous Materials.pdf
AjmalKhan50578
 
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...
shadow0702a
 
artificial intelligence and data science contents.pptx
artificial intelligence and data science contents.pptxartificial intelligence and data science contents.pptx
artificial intelligence and data science contents.pptx
GauravCar
 
Design and optimization of ion propulsion drone
Design and optimization of ion propulsion droneDesign and optimization of ion propulsion drone
Design and optimization of ion propulsion drone
bjmsejournal
 
Null Bangalore | Pentesters Approach to AWS IAM
Null Bangalore | Pentesters Approach to AWS IAMNull Bangalore | Pentesters Approach to AWS IAM
Null Bangalore | Pentesters Approach to AWS IAM
Divyanshu
 
LLM Fine Tuning with QLoRA Cassandra Lunch 4, presented by Anant
LLM Fine Tuning with QLoRA Cassandra Lunch 4, presented by AnantLLM Fine Tuning with QLoRA Cassandra Lunch 4, presented by Anant
LLM Fine Tuning with QLoRA Cassandra Lunch 4, presented by Anant
Anant Corporation
 

Recently uploaded (20)

BRAIN TUMOR DETECTION for seminar ppt.pdf
BRAIN TUMOR DETECTION for seminar ppt.pdfBRAIN TUMOR DETECTION for seminar ppt.pdf
BRAIN TUMOR DETECTION for seminar ppt.pdf
 
Data Driven Maintenance | UReason Webinar
Data Driven Maintenance | UReason WebinarData Driven Maintenance | UReason Webinar
Data Driven Maintenance | UReason Webinar
 
cnn.pptx Convolutional neural network used for image classication
cnn.pptx Convolutional neural network used for image classicationcnn.pptx Convolutional neural network used for image classication
cnn.pptx Convolutional neural network used for image classication
 
Software Engineering and Project Management - Introduction, Modeling Concepts...
Software Engineering and Project Management - Introduction, Modeling Concepts...Software Engineering and Project Management - Introduction, Modeling Concepts...
Software Engineering and Project Management - Introduction, Modeling Concepts...
 
People as resource Grade IX.pdf minimala
People as resource Grade IX.pdf minimalaPeople as resource Grade IX.pdf minimala
People as resource Grade IX.pdf minimala
 
ITSM Integration with MuleSoft.pptx
ITSM  Integration with MuleSoft.pptxITSM  Integration with MuleSoft.pptx
ITSM Integration with MuleSoft.pptx
 
官方认证美国密歇根州立大学毕业证学位证书原版一模一样
官方认证美国密歇根州立大学毕业证学位证书原版一模一样官方认证美国密歇根州立大学毕业证学位证书原版一模一样
官方认证美国密歇根州立大学毕业证学位证书原版一模一样
 
Curve Fitting in Numerical Methods Regression
Curve Fitting in Numerical Methods RegressionCurve Fitting in Numerical Methods Regression
Curve Fitting in Numerical Methods Regression
 
Properties Railway Sleepers and Test.pptx
Properties Railway Sleepers and Test.pptxProperties Railway Sleepers and Test.pptx
Properties Railway Sleepers and Test.pptx
 
Unit-III-ELECTROCHEMICAL STORAGE DEVICES.ppt
Unit-III-ELECTROCHEMICAL STORAGE DEVICES.pptUnit-III-ELECTROCHEMICAL STORAGE DEVICES.ppt
Unit-III-ELECTROCHEMICAL STORAGE DEVICES.ppt
 
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...
 
integral complex analysis chapter 06 .pdf
integral complex analysis chapter 06 .pdfintegral complex analysis chapter 06 .pdf
integral complex analysis chapter 06 .pdf
 
IEEE Aerospace and Electronic Systems Society as a Graduate Student Member
IEEE Aerospace and Electronic Systems Society as a Graduate Student MemberIEEE Aerospace and Electronic Systems Society as a Graduate Student Member
IEEE Aerospace and Electronic Systems Society as a Graduate Student Member
 
4. Mosca vol I -Fisica-Tipler-5ta-Edicion-Vol-1.pdf
4. Mosca vol I -Fisica-Tipler-5ta-Edicion-Vol-1.pdf4. Mosca vol I -Fisica-Tipler-5ta-Edicion-Vol-1.pdf
4. Mosca vol I -Fisica-Tipler-5ta-Edicion-Vol-1.pdf
 
Welding Metallurgy Ferrous Materials.pdf
Welding Metallurgy Ferrous Materials.pdfWelding Metallurgy Ferrous Materials.pdf
Welding Metallurgy Ferrous Materials.pdf
 
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...
 
artificial intelligence and data science contents.pptx
artificial intelligence and data science contents.pptxartificial intelligence and data science contents.pptx
artificial intelligence and data science contents.pptx
 
Design and optimization of ion propulsion drone
Design and optimization of ion propulsion droneDesign and optimization of ion propulsion drone
Design and optimization of ion propulsion drone
 
Null Bangalore | Pentesters Approach to AWS IAM
Null Bangalore | Pentesters Approach to AWS IAMNull Bangalore | Pentesters Approach to AWS IAM
Null Bangalore | Pentesters Approach to AWS IAM
 
LLM Fine Tuning with QLoRA Cassandra Lunch 4, presented by Anant
LLM Fine Tuning with QLoRA Cassandra Lunch 4, presented by AnantLLM Fine Tuning with QLoRA Cassandra Lunch 4, presented by Anant
LLM Fine Tuning with QLoRA Cassandra Lunch 4, presented by Anant
 

Fuel Diversity Adds Stability to Energy Companies

  • 1. David Lawrence, Shell Fuel Diversity Adds Stability to Energy Companies
  • 2. Introduction  David Lawrence worked with Shell for almost three decades, ultimately retiring from his post as executive vice president, exploration and commercial of Shell Upstream Americas in 2013. Since retiring from Shell, he has founded Lawrence Energy Group LLC, an energy investment and advisory firm pursuing a variety of global plays. David Lawrence stresses the importance of application of technology, unique insights and operational excellence as well as a diverse energy portfolio, which helps add stability to investors, energy companies, and national economies. A benefit of diverse portfolio to energy companies centers on flexibility. Global energy markets are in a constant state of flux. If an energy company invests exclusively in only one types of play or commodity, it may gain the benefit of focus and concentration of expertise and operational knowledge but it runs the risk of decreasing in value when those energy sources dip in price. Energy companies with diverse portfolios can respond to changes in local and global markets by shifting resources away from away from one source and reallocating them to a more profitable energy type. From a consumer perspective, in the power sector this flexibility translates to more reliable electricity for homes and businesses in the United States. Stable energy also has broad effects on the economy as a whole, making fuel diversity essential in ensuring a thriving economy.