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 […]
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 […]
Shell today published its Energy Transition Progress Report 2021 detailing the company’s progress over the past year. This report will be put to shareholders for an advisory vote at the Annual General Meeting on 24 May 2022. “In a time of great uncertainty, it is vital that our long-term energy transition strategy remains on track,” […]
Partners ink seabed agreements for two offshore wind projects totalling 5GW ScottishPower Renewables and Shell have signed their options to lease agreements for two ScotWind projects projects totalling 5GW. The signatures reserve the seabed rights for their MarramWind and CampionWind floating offshore wind farms off the east and north-east coasts of Scotland. The signing of […]
The portfolio includes developing projects with the combined capacity to generate around 3.6GW of clean energy. British oil and gas company Shell is reportedly preparing binding bids to acquire renewable energy assets located in Spain, which are worth €1bn ($1.1bn) in total, from Q-Energy. Reuters reported that in addition to Shell, Naturgy and Austrian electricity […]
MADRID : Oil major Shell and utilities Naturgy and Verbund are preparing binding bids to buy renewable energy assets in Spain valued at about 1 billion euros ($1.1 billion), three sources close to the matter told Reuters. Spanish fund manager Q-Energy is selling the portfolio, taking advantage of strong appetite among European energy companies feeling […]
Shell plc has published its 2021 Sustainability Report, its 2022 Industry Associations Climate Review Update and its 2021 Payments to Governments Report. Shell has been formally reporting on sustainability-related performance for 25 years, with the aim of being transparent about activities that are important to investors, governments, and civil society. The 2021 Shell Sustainability Report […]
Shell Plc is among the final bidders competing to acquire Indian renewable power producer Sprng Energy, people with knowledge of the matter said. Indian conglomerate Adani Group and renewable energy firm Greenko also submitted binding offers by this week’s deadline, the people said. Singapore’s Sembcorp Industries Ltd. and some financial investors have also expressed interest […]
Atlantic Shores Offshore Wind Bight, LLC, the bidding entity representing Atlantic Shores Offshore Wind (Atlantic Shores), a 50-50 joint venture between Shell New Energies US LLC (Shell) and EDF-RE Offshore Development, LLC (EDF), is the provisional winner of block OCS-0541 in the New York Bight offshore wind auction. This area, subject to a future investment […]