European oil giants such as BP, Royal Dutch Shell and Total have sharpened their focus on power, seeing it as the sector to build their businesses around as they reinvent themselves as clean energy suppliers. MILAN/MADRID: Europe’s biggest utilities Enel and Iberdrola saw the clean energy transition coming decades ago when others baulked at the […]
Shell hunts for hydrogen opportunities in Australia in net zero push
Royal Dutch Shell is scouring Australia for opportunities to develop its hydrogen business, so far focused on projects in Europe, in its drive to achieve net zero carbon emissions by 2050. Shell Australia Chair Tony Nunan said the company sees hydrogen and carbon capture and storage as essential to the company’s net zero ambitions, and […]
Royal Dutch Shell in Germany seeks to speed up drive to go green
The energy major told an online conference on Friday it had applied for subsidies to carry out the work from the European Union and from German funds earmarked for decarbonisation. FRANKFURT: Royal Dutch Shell in Germany aims to produce aviation fuel and naphtha made from crops and renewable power and to increase to commercial scale […]