{"organism":"Page","children":[{"organism":"Container.Raw","children":[{"organism":"Metadata","model":{"title":"Adapting trading strategies to support lower carbon products and profitability","text":"\u003Cp\u003EShell Trading and Supply plays a critical role in ensuring that energy reaches where it’s needed – efficiently, reliably, and responsibly.\u003C/p\u003E\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n","links":[{"name":"Adapting trading strategies to support lower carbon products and profitability","value":"https://www.shell.com.sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business.html"}],"image":{"src":"https://www.shell.com.sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/_jcr_content/root/metadata.shellimg.png/1750148287926/andrew-smith-shell-singapore.png","alt":"Adapting trading strategies to support lower carbon products and profitability.","width":3798,"height":2145}},"id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/metadata"},{"organism":"ContentOwner","model":{},"id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/contentowner"},{"organism":"Container.Header","children":[{"organism":"Container.Raw","ref":"https://www.shell.com.sg/about-us/_jcr_content/root/header/inherited.model.json","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/header/inherited","model":{}},{"organism":"Breadcrumb","model":{"links":[{"name":"Home","value":"https://www.shell.com.sg/"},{"name":"About us","value":"https://www.shell.com.sg/about-us.html"},{"name":"News & Insights","value":"https://www.shell.com.sg/about-us/news-and-insights.html"},{"name":"Content hub","value":"https://www.shell.com.sg/about-us/news-and-insights/content-hub.html"},{"name":"Singapore Stories and Articles","value":"https://www.shell.com.sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles.html"},{"name":"Adapting trading strategies to support lower carbon products and profitability","value":"https://www.shell.com.sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business.html"}]},"id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/header/breadcrumb"}],"id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/header","model":{}},{"organism":"Container.Main","children":[{"organism":"Container.Section","children":[{"organism":"PageHeaderBanner","color":"semitransparent","model":{"title":"5-minute Q&A with Andrew Smith","image":{"src":"https://www.shell.com.sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/_jcr_content/root/main/section/page_header.shellimg.png/1750239388495/andrew-smith-shell-singapore.png","alt":"Adapting trading strategies to support lower carbon products and profitability.","width":3831,"height":1677}},"id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section/page_header"},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section/text","model":{"text":"\u003Cp\u003ESingapore has long been a strategic hub for global energy markets. This short Q&A session will explore key insights from Andrew Smith, President of Trading and Supply, and a member of Shell Executive Committee, interviewed by Harvonne Yap, VP Products Freight, Trading and Supply where Andrew break down what we do in Shell trading and supply and how Shell Singapore will play a pivotal role.\u003C/p\u003E\r\n\u003Cp\u003EAlso watch \u003Cb\u003E\u003Ca href=\"https://www.youtube.com/watch?v=M1BmahLFaAA&list=PLEPIVJVCFQH38FIcR3OXyJBy5SsRvtdKo&index=4\"\u003Evideo\u003C/a\u003E \u003C/b\u003Eto hear their insights on how SG's expertise, connectivity and world-class capabilities will shape Shell's future in global energy trading.\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"brand1-subtle","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section/text_1150098653","model":{"title":"Will you share with us your journey towards being appointed as President of Trading and Supply and a member of the Shell Executive Committee?"}},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section/text_807588284","model":{"text":"\u003Cp\u003EIt's been quite a journey to get here and quite a bit of involvement in Singapore on the way through to that journey. I started studying chemical engineering, joined Shell and spent my first 10 or 11 years doing really technical work. Indeed, in my 11th year, I designed the catalyst cracker reactor that is in Singapore.\u003C/p\u003E\r\n\u003Cp\u003EAnd then I moved to the commercial side of Shell. I ran Shell's marketing companies in the South Pacific before I joined Trading the first time to look after the African product trading activity, and I loved that. So I've spent probably 15, 20 years working on the trading side of Shell, but been lucky enough to work in different parts of Shell - on the upstream, the marketing side, the refining side, trading side, a little bit with chemicals, and this had given me a set of experiences, and was really helpful for doing my job.\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"brand1-subtle","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section/text_288641996","model":{"title":"What does Trading and Supply do?"}},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section/text_2136481753","model":{"text":"\u003Cp\u003ETrading and Supply does a wonderful variety of different activities. On one hand, we are the central nervous system for Shell. We market all the equity production of crude oil, gas, LNG (Liquefied Natural Gas) and electricity for Shell. We take care of working with the refining business to optimise the way that we run refineries and we supply the marketing arms of Shell wherever they are with cost competitive, quality supply. We're one of the world's largest energy traders.\u003C/p\u003E\r\n\u003Cp\u003EBut in addition to that, we also take care of the transportation activities that involve moving fuels around the world, whether that be trucking, terminal, moving fuels by pipeline or by rail. And we run a number of commodity marketing companies and we take care of Shell's marine activities. So whether that be designing a new ship to move liquid CO\u003Csub\u003E2\u003C/sub\u003E or helping supervise moving oil rigs around the world, Trading and Supply is involved in all these things.\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"brand1-subtle","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section/text_1485643102","model":{"title":"With the energy transition reshaping industries, how is Shell adapting its trading strategies to support lower carbon products and profitability?"}},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section/text_288511890","model":{"text":"\u003Cp\u003EI think the energy transition represents both challenges and opportunities for Trading and Supply. It starts by listening to our customers and what they're trying to achieve. We also have to understand what governments are trying to achieve.\u003C/p\u003E\r\n\u003Cp\u003EAnd if I think about the different things that we do - we are one of the world's largest supplier, marketer and blender of biofuels and whether that be ethanol or biodiesel, and increasingly sustainable aviation fuel. We are also very active in the power markets. Last year, we sold around 306 terawatt hours of power, which increasingly comes from renewables. That's about five times the power consumption of Singapore.\u003C/p\u003E\r\n\u003Cp\u003EBut with that comes this challenge with intermittency, which we look to address to things like batteries. And we are investing into a number of flexible assets. And then there's the role of gas in the energy transition. We are the world's largest marketer and trader of LNG. Getting even larger with the acquisition of Pavilion Energy right here in Singapore and gas will have a very large role and it's probably our key contribution to the energy transition.\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"brand1-subtle","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section/text_536792068","model":{"title":"Since you mentioned Pavilion Energy, what do you see as Singapore's role in the Shell Trading and Supply business?"}},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section/text_988713306","model":{"text":"\u003Cp\u003ETrading has been an important part of Shell's DNA ever since Shell started, and the trading activity that Shell does in Singapore has been a big part of its activities ever since and it's going to remain so. Singapore is one of our key trading hubs around the world, along with London, Houston, Rotterdam, and Dubai.\u003C/p\u003E\r\n\u003Cp\u003EWe have talents here to run such a sophisticated market and the right infrastructure around, what you need to run a trading business is right here in Singapore. We've been growing our LNG bunkering business here and we are the largest LNG bunker in the world and Singapore is a really important part of that.\u003C/p\u003E\r\n\u003Cp\u003EAnd also, Singapore is a terrific place to run our Asia Pacific trading activities from this very integrated region and there is a continuing growth of energy demand - it’s really important to be here to grow this business.\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"brand1-subtle","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section/text_948790814","model":{"title":"Is there one thing you would like to us to takeaway?"}},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section/text_683258589","model":{"text":"\u003Cp\u003ELife and work is an adventure. It's what you make of it. I think it's really important to keep pushing yourself to develop and grow. With the world being as complicated as it is, it's really important to learn to collaborate and become good at collaborating.\u003C/p\u003E\r\n"}}],"id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main/section","model":{}}],"id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/main","model":{}},{"organism":"Container.Footer","children":[{"organism":"Breadcrumb.Large","model":{"links":[{"name":"Home","value":"https://www.shell.com.sg/"},{"name":"About us","value":"https://www.shell.com.sg/about-us.html"},{"name":"News & Insights","value":"https://www.shell.com.sg/about-us/news-and-insights.html"},{"name":"Content hub","value":"https://www.shell.com.sg/about-us/news-and-insights/content-hub.html"},{"name":"Singapore Stories and Articles","value":"https://www.shell.com.sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles.html"},{"name":"Adapting trading strategies to support lower carbon products and profitability","value":"https://www.shell.com.sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business.html"}]},"id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/footer/breadcrumb"},{"organism":"Container.Raw","ref":"https://www.shell.com.sg/about-us/_jcr_content/root/footer/inherited.model.json","id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/footer/inherited","model":{}}],"id":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business/jcr_content/root/footer","model":{}}],"id":"/conf/shell/settings/wcm/templates/base/structure/jcr_content/root","model":{}}],"model":{"title":"Adapting trading strategies to support lower carbon products and profitability","text":"The energy transition represents both challenges, but a great set of opportunities for Trading and Supply. It starts by listening to our customers and what they're trying to achieve. But also we have to understand what governments are trying to achieve.","links":[{"name":"canonical","value":"https://www.shell.com.sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business.html"},{"name":"hierarchy","value":"en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business"},{"name":"homeTitle","value":"About us"},{"name":"homeUrl","value":"https://www.shell.com.sg/about-us.html"},{"name":"locale","value":"en-SG"},{"name":"title","value":"Adapting trading strategies to support lower carbon products and profitability | About us"},{"name":"textDirection","value":"ltr"},{"name":"template","value":"base"},{"name":"contentPath","value":"/content/shell/countries/singapore/en_sg/about-us/news-and-insights/content-hub/singapore-stories-and-articles/understanding-shell-trading-and-supply-business"},{"name":"externalDisclaimerText","value":"Shell plc Legal Disclaimer\r\n\r\nYou are now leaving the Shell website.\r\n\r\nThe link you have selected will direct you to a website that is not controlled by Shell plc or any member of the Shell Group. 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