Speed Reading — Oil Production - Level 6 — 500 wpm

Now do this put-the-text-back-together activity.

This is the text (if you need help).

The energy giant Royal Dutch Shell has announced it has passed its peak production of oil. The days of increasing oil production are over and the decline in output has started. Shell said in a press release that, "oil production peaked in 2019". The "high point" of Shell's oil production reached around 1.7 million barrels per day. It now expects an annual drop of up to two per cent per year. The fall comes a year ahead of Shell's initial forecasts. In 2015, the company predicted the peak of global oil demand would be in 2020. The announcement included news that Shell would reduce the number of its oil refineries from 14 sites to six. This means the loss of around 9,000 jobs, or more than 10 per cent of its workforce.

Shell said it is shifting its focus onto renewables and reducing its carbon footprint. It pledged to achieve net-zero carbon emissions by 2050. The company said it wants to diversify into becoming an energy provider rather than relying on fossil fuels. It has been actively exploring new, green technologies such as carbon capture. It has also been buying companies that provide electric vehicle charging stations. Shell CEO Ben van Beurden vowed to create half a million EV charging points by 2025. He said: "We must give our customers the products and services they want - products that have the lowest environmental impact. We will...grow in markets where demand for cleaner products and services is strongest."

Comprehension questions
  1. What is the full name of the Shell oil company?
  2. When did Shell say it had passed peak production?
  3. How many barrels a day did Shell produce at its peak?
  4. In what year did Shell expect to hit peak demand?
  5. How many oil refineries will Shell close?
  6. What does Shell want to shift its focus to?
  7. By when does Shell want to achieve net-zero carbon emissions?
  8. What does Shell hope to do with carbon?
  9. How many EV charging points does Shell want to create?
  10. What does Shell want to have the lowest impact on?

Back to the oil production lesson.

More Activities