Tag Archives: Royal Dutch Shell

The oil giant says this was achieved in less than five years of the plant’s operations and it is equivalent to the annual emissions from about 1.25m cars.

Royal Dutch Shell Plc, the world’s biggest liquefied natural gas merchant, is making a bet on the trade’s digital future by taking a minority investment in the online platform developer GLX Digital. GLX is among a handful of companies using web-based trading to modernize the world of physical commodities and …

Oil and gas companies have looked beyond their own sector to diversify revenue streams, most notably in power. Now they are using digital technology expertise as another way to build new revenue. Shell and BP are two leading examples. Shell estimates that digital tools will contribute to one-fifth of its …

LNG giant Shell said it recently signed a deal to supply carbon-neutral liquefied natural gas cargoes to CNOOC Gas & Power Group, a unit of China National Offshore Oil Corporation. Hague-based Shell said on Monday that these shipments will be the first carbon-neutral LNG cargoes to Chinese Mainland. The cargoes …

Asian spot prices for liquefied natural gas (LNG) have jumped by at least 20% in a week as supply of the super-chilled fuel tightens amid fewer cargoes arriving from the United States and as demand rebounds in the region, several traders said. Several cargoes have changed hands at $2.40 to …

Saudi Arabia will emerge as the victor of the oil price war that sent global crude markets into a spin last month, according to two experts in the energy industry. Jason Bordoff, professor and founding director of the Center for Global Energy policy at New York’s Columbia University, said: “While …

Arrow Energy’s Surat Gas Project will generate 90bn cubic feet of new gas annually for local and export market.

Royal Dutch Shell on Thursday announced plans to deepen its greenhouse gas emissions reduction “ambitions”, including offsetting emissions from oil and gas production by 2050. Shell also expanded its broader aim to cut the total carbon emission footprint from energy products its sells by around 65% by 2050, and by …

Before the coronavirus pandemic, Big Oil was under significant pressure to speed up their transitions to cleaner forms of energy — from politicians, financiers and climate activists alike. This pressure may have receded from view amid Covid-19 lock downs and massive slumps in oil prices, but there is no reason …

British oil major Shell joined other companies in the sector in lowering capital expenditure for the current year by about $5 billion and suspended the next tranche of its share buyback plan to weather a hit from the recent oil price crash. The company said it would reduce 2020 cash …