Shell Energy provides electricity that helps you power your home smarter and simpler throughout Texas.
So far, these are tiny moves in the context of the Shell behemoth. The company says it plans by 2020 to raise annual spending on what it calls “new energies” to between $1 billion and $2 billion—a sum that, assuming it materialized, would account for between 4% and 8% of the $...
And in 2016, Shell created its New Energies business to focus on exploring and developing commercial opportunities in renewable energy, such as wind and solar.. Shell’s Prelude is the world’s largest floating liquefied natural gas facility Present day Looking forward Looking back over 185 years...
Oil and gas giant Shell has announced the agreement of a new $10 billion revolving credit facility to help progress the firm towards its net-zero target. Shell said the new facility replaces its existing $8.84 billion revolving credit facility and is provided by a syndicate of 25 banks. The...
It is currently spending about $1-2 billion per year on a segment called “new energies”. While its Energy Transition Report seems unrealistic, raising potential concerns in regards to Shell’s investment strategy, there are valid reasons to diversify, such as low oil & gas discovery levels....
In a PR move so brazen it could make even the most hardened spin doctor blush, Shell has teamed up with BP, Equinor, and TotalEnergies to graciously save the planet. How? By throwing a measly $500 million at the world’s energy access crisis. Yes, the same Shell that rakes in tens ...
Royal Dutch Shell Product Strategy: The Royal Dutch Shell company has 3 major operations 1) upstream – which involves exploration of new liquids and natural gas reserves. 2) Integrated Gas and New Energies – natural gas is cooled to provide liquefied natural gas (LNG) which is shipped to ma...
Shell and TotalEnergies Eye Greener Pastures: The Big Apple’s Stock Exchange: 7 May 2024 Shell’s Shell Game: Selling Smoke and Mirrors with ‘Phantom’ Carbon Credits!: 5 May 2024 Shell to Bid Farewell to South Africa?: 5 May 2024 Shell’s Seafaring Carnival of Fossil Fools: A Master...
“There isn’t really yet the kind of oversupply that people talk about,” Maarten Wetselaar, Shell’s integrated gas and new energies director, said on Friday in an interview in Palo Alto, California. For proof, he said, look at Europe, where natural gas demand gained last year and LNG...
In December 2021 in the Transfer of Rights auction, Shell along with partners Petrobras (52.5%, operator) and TotalEnergies (22.5%) acquired the rights to volumes from the Atapu field. Atapu is a pre-salt oil field in the Santos Basin located in waters depths of about 2,000 meters. Pro...