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Shell agrees to sell partial ownership stake in two U.S.-based renewable energy projects to InfraRed Capital Partners – EQ

In Short : Shell has reached an agreement to sell a partial ownership stake in two U.S.-based renewable energy projects to InfraRed Capital Partners. This transaction reflects Shell’s ongoing efforts to optimize its portfolio and align with strategic priorities, potentially supporting the growth of renewable energy initiatives through collaboration with InfraRed Capital Partners. In Detail […]

EIB approves €4.3 bn in transition funding, including €805 mn for clean power – EQ

Shell seeks partners for renewable assets in India – EQ

LONDON : Shell is seeking partners to invest in renewable assets developed and operated by its Indian business Sprng Energy, the oil major said in a statement to Reuters on Thursday. The move is part of Shell CEO Wael Sawan’s plan to improve the British energy company’s performance and improve the returns of its assets. […]

EIB approves €4.3 bn in transition funding, including €805 mn for clean power – EQ

Shell to invest $10-15 bn to develop low-carbon energy solutions – EQ Mag

Shell is set to provide an update to investors regarding its strategy aimed at generating more value while minimizing emissions. The company aims to deliver higher returns to shareholders through a balanced energy transition. Shell’s CEO, Wael Sawan, emphasized their commitment to investing in secure energy supplies for the present and future, while simultaneously positioning […]

EIB approves €4.3 bn in transition funding, including €805 mn for clean power – EQ

Shell boosts dividend, steadies oil output in new CEO plan – EQ Mag

Shell (SHEL.L) will ramp up its dividend and share buybacks while keeping oil output steady into 2030, it said on Wednesday, as CEO Wael Sawan moved to regain investor confidence that wavered over its energy transition plan. In a new financial framework announced ahead of an investor conference in New York starting at 1230 GMT, […]

Hydrogen storages important foundation for solar PV expansion in Europe – German govt scenarios -EQ

Shell to use new AI technology in deep sea oil exploration – EQ Mag

NEW YORK : Shell Plc will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies said on Wednesday. SparkCognition’s AI algorithms will process and analyze large amounts of seismic data in the hunt for new oil reservoirs by Shell, the largest oil […]

Hydrogen storages important foundation for solar PV expansion in Europe – German govt scenarios -EQ

India To Be Key Destination For Energy Transition Gear In 5 Years – EQ Mag

Shell, India will become a key location for sourcing energy transition equipment in five years. As the businesses expand, the country will also employ the most Shell workers globally. Throughout its gasoline retail, petrol, lubricant, and technology divisions, Shell employs 11,000 people in India. Employees at the IT centre are trying to create digital twins […]

Jindal Stainless ropes in UK-based SBTi to help reduce carbon footprint – EQ

Energy major Shell says it’s ahead of the curve in terms of carbon intensity – EQ Mag

Multinational energy company Shell said Thursday it met its 2022 target for emissions, which were down about 30% relative to a 2016 benchmark. Shell in a progress report on its energy transition strategies showed it met its goals in its progress toward becoming a “net-zero emissions energy business” by 2050. “I am especially proud of […]

Hydrogen storages important foundation for solar PV expansion in Europe – German govt scenarios -EQ

Pilipinas Shell, SUN Mobility to Bring Advanced Battery Swapping Technology for Electric Mobility to the Philippines – EQ Mag

SUN Mobility, a leading provider of energy infrastructure and services for electric vehicles (EVs), has announced that it has recently signed a strategic agreement with the Pilipinas Shell Petroleum Corporation. The partnership will explore the pilot deployment of SUN Mobility’s advanced battery-swapping technology in the Philippines for 2 and 3-wheel electric vehicles. The partnership supports […]

Ather Energy ties up with BPCL to expand charging infrastructure

Shell is acquiring EV charging network Volta for $169 million – EQ Mag

Shell USA, best known for its gasoline fill-up stations, is acquiring electric vehicle charging network Volta through a full cash purchase of all its common stock. The transaction, worth $169 million, is set to close in the first half of 2023. Volta is the second US EV charging company to come under the Shell brand […]

Maharashtra has highest number of public EV charging stations, followed by Delhi

Shell unit to acquire EV charging firm Volta for about $169 million – EQ Mag

Volta Inc said on Wednesday that a Shell Plc subsidiary would take over the electric vehicle (EV) charging network operator in an all-cash deal valued at about $169 million. Shell USA Inc will acquire all outstanding shares of Class A common stock of Volta for 86 cents apiece in cash in a deal that is […]

EIB approves €4.3 bn in transition funding, including €805 mn for clean power – EQ