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Shell ready to invest several hundred million dollars in promising technology companies

partner

Gerald Schotman, Executive Vice President Innovation, R&D and Shell Chief Technology Officer, said: “Ideas from outside the organisation are critical to our open innovation approach to R&D. We want to enable the brightest and the best to develop their ideas, and benefit from Shell’s expertise and global reach, so that we can get these technologies up and running in our projects as fast as we can.” As well as promising technology companies, Shell is looking to invest in technology spin-outs and externally-managed venture capita... Read More »

Shell announces Geelong Refinery for sale

oil

The announcement underpins Shell’s local strategy to grow its retail and bulk fuels business, along with terminals and pipelines. Shell’s announcement recognises that other parties, with a different portfolio, may have a different strategy and want to enter or expand in the Australian refining market. Shell will be seeking a buyer who will show due care for employees, provide reliable supply for the company and its customers, and run the facility safely with respect for the environment and the Geelong community. The company’s efforts are tow... Read More »

TomTom nominates Toine van Laack as new Supervisory Board Member

supervision

 The Supervisory Board will also propose to the AGM the reappointment of Harold Goddijn and Marina Wyatt as members of the Management Board and the reappointment of Peter Wakkie as member of the Supervisory Board. In accordance with the Dutch corporate governance code, the term of the appointments will be four years. The appointments should become effective as of 23 April 2013. The Management Board will propose to the AGM to grant to the Stichting Continuïteit TomTom the right to subscribe for additional preferred shares up to 100% (currently ... Read More »

TomTom opens up its fleet management technology to integrated mobile applications

navigation

TomTom Business Solutions allows third-party developers to create new applications for use in and around the vehicle. This is enabled by granting access to the Bluetooth channel on TomTom's in-vehicle LINK device. By integrating a wide range of mobile hardware devices TomTom Business Solutions expands the functionalities of its connected car technology. New applications will allow businesses to enrich data from hardware, such as tire pressure sensors and temperature control units, with comprehensive information from their vehicle fleet. TomTom... Read More »

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