Global energy major Royal Dutch Shell plans to add new clean energy projects in Oman and boost its renewables portfolio as the sultanate aims to generate 30 per cent of its electricity from green sources by 2030. The company launched the 25-megawatt Qabas solar plant in Sohar in January, which …
Read More »Shell to Buy Renewable Energy Company
The Royal Dutch Shell oil and gas company will buy a renewable energy company as part of its goal of achieving net-zero emissions by 2050. The oil company’s Shell New Energies U.S. LLC unit is set to purchase Inspire Energy Capital LLC, a renewable energy company that serves around 235,000 …
Read More »Shell Starts Trading Power from Europe’s Largest Battery
Shell announced yesterday that it has switched on a 100MW battery system in a village in Wiltshire that it claims is the largest in Europe. The oil and gas major said the grid-connected storage system will play a significant role in helping to balance UK electricity demand, and would be …
Read More »Shell to Join Clean Hydrogen Project in Norway
Shell will join a project in Norway to produce hydrogen from natural gas while capturing the emissions, Aker Clean Hydrogen (ACH) said on Monday. Countries across Europe are looking at ways to produce emissions-free hydrogen to help reduce carbon emissions and avert global warming. Clean hydrogen can be produced from …
Read More »Iraq Oil Minister Says Lukoil Considers Selling Stake in Field
Iraq’s Oil Minister Ihsan Abdul said Lukoil PJSC sent him a notification to sell its stake in the West Qurna-2 field to Chinese companies, and that BP Plc wants to pull out of the giant Rumaila field. In a video posted on a Facebook page under his name, the minister …
Read More »Big Oil’s Digital Pivot Marks the Beginning of a New Era for the Industry
The oil and gas industry is embracing new technologies to save time and costs and, most recently, to reduce the carbon footprint of its supply chain as the energy sector is under increased pressure to reward shareholders while helping to fight climate change. Along with artificial intelligence, machine learning, digital …
Read More »QP Signs Pact with Shell to Supply China with 1mpta LNG for Ten Years
Qatar Petroleum (QP) on Wednesday entered into a long-term Sale and Purchase Agreement (SPA) with Shell for the supply of 1 million tons per annum (MTPA) of LNG to the People’s Republic of China for ten years. LNG deliveries will commence in January 2022 to various LNG terminals in China, …
Read More »Oman LNG and Shell Join in on Carbon-Neutral LNG
State-owned Oman LNG has signed an agreement with Royal Dutch Shell to deliver the Middle East’s first shipment of carbon-neutral LNG. The carbon-neutral LNG cargo will be delivered from the terminal in Qalhat near Sur, in the Ash Sharqiyah Region of northeastern Oman. Oman LNG explains that nature-based projects aim …
Read More »Shell Makes Significant Oil Find in U.S. Gulf of Mexico
Shell Offshore, a subsidiary of supermajor Shell, has made a ‘significant’ oil discovery in the deepwater region of the U.S. Gulf of Mexico. Shell said on Tuesday that it made a discovery of more than 600 feet (183 meters) net oil pay at multiple levels at the Leopard prospect. The …
Read More »CNOOC and Shell Start Up New Petrochemicals Units
CNOOC Oil & Petrochemicals Co. Ltd (CNOOC) and Shell Nanhai B.V. (Shell) have announced the start-up by their 50:50 joint venture, CNOOC and Shell Petrochemicals Co. (CSPC), of new units to supply the Chinese market with essential petrochemicals. One new unit is the largest of its type in China, producing …
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