Shell Offshore Inc., a subsidiary of Shell plc, has agreed to sell its 100% interest in Shell Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV for a total consideration of approximately $2 billion in cash with additional contingent payments based on future oil prices, subject to regulatory approval. […]
Shell confirms plans to purchase a 100MW portfolio of new build solar capacity in the UK from Anesco – EQ Mag Pro
Shell is in the process of purchasing four solar farm projects currently being developed by Anesco, to help meet growing demand for renewable power in the UK. Shell is working towards the purchase of four solar farm projects with a total capacity of 100MW, currently being developed by Anesco. Located in North Wales, Chester, South […]
Shell completes acquisition of renewables platform Sprng Energy group – EQ Mag Pro
National : Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited and with it, the Sprng Energy group of companies from Actis Solenergi Limited (Actis). Sprng Energy, set up in 2017 by Actis, is a renewable energy platform based in Pune, India, […]
Shell to start construction of renewable hydrogen plant in Netherlands – EQ Mag Pro
Shell Plc said on Wednesday it would start building a renewable hydrogen plant in the Netherlands, which according to the energy giant will be Europe’s largest once it is operational in 2025. Shell said the 200 megawatt electrolyser, named Holland Hydrogen I, in the port of Rotterdam would produce up to 60,000 kilograms of renewable […]
Emerging Power Inc. forges joint venture with Shell to raise renewable energy capacity – EQ Mag Pro
Emerging Power Inc. (EPI), the renewable energy subsidiary of natural resources development company Nickel Asia Corp. (NAC), signed an agreement with Shell Overseas Investments B.V. (Shell) to jointly develop, own, operate, and maintain onshore renewable energy projects in the Philippines. Emerging Power, Incorporated (EPI) and Shell officially form a partnership to develop renewable energy projects […]
Shell Will Invest USD 1.5 Billion to Develop Five PV Projects in Southeastern Brazil – EQ Mag Pro
Shell Energy Brasil, a subsidiary of oil and gas giant Shell, signed a protocol of intent with the government of Minas Gerais in early June for the development of five PV projects. Minas Gerais is a state in Brazil. This news was first reported by local news media and other renewable energy news websites. The […]
Shell launches residential power brand Shell Energy, enters Texas market with 100% renewable electricity plans
HOUSTON: Shell today announced the launch of the Shell Energy brand into the residential power market in the United States. Through Shell Energy Solutions (“Shell Energy”) the company now offers 100% renewable electricity plans to eligible customers in Texas, expanding its portfolio of offerings and giving residential customers access to renewable electricity plans while building on the […]
Shell to partner with Brazil’s Açu to build green hydrogen plant – EQ Mag Pro
Shell (SHEL.L) and Brazil’s Porto do Açu have agreed to jointly build a green hydrogen plant, executives told Reuters, a deal that could result in the debut of the up-and-coming technology in South America’s largest nation. Under the terms of a memorandum of understanding signed on Thursday and first disclosed to the news agency, the […]
Air Liquide and Shell sign a ten-year agreement for renewable electricity in Italy – EQ Mag Pro
Air Liquide has signed a ten-year contract with Shell Energy Europe Limited (SEEL) for the purchase of renewable energy to power industrial and medical gas production operations in the North East of Italy. From 2023, and for ten years, Air Liquide will purchase 52 gigawatt-hours per year of solar photovoltaic renewable energy from Shell Energy […]
If Chevron, Exxon, and Shell can’t get carbon capture right at Gorgon, who can? – EQ Mag Pro
At a cost of more than $3 billion, Gorgon, the largest carbon capture and storage (CCS) project in the world has failed to deliver, underperforming its targets for the first five years of operation by about 50%. Carbon capture technology has historically been used as a method of enhanced oil recovery – selling captured carbon […]