Shell, one of the global oil and gas companies, will establish a biofuel facility in the Netherlands with a capacity to produce 820,000 tons of clean fuel per year.

In the Netherlands, one of the largest biofuel facilities in Europe will be established by Royal Dutch Shell in order to help its target of reducing carbon emissions to net zero by 2050.

While the biofuel facility is planned to start production in 2024, the facility will produce aviation fuel (SAF) and renewable diesel from oil waste, and the facility will also prevent the emission of approximately 2,800,000 tons of carbon dioxide per year.

Biofuel Plant to be Established in the Netherlands by Shell | Devamı>>>

Shell completed the sale of its oil assets located in the Western Sahara Desert location to Cheiron Petroleuim and Cairn Energy for $926 million.

Royal Dutch Shell announced that it has completed the sale of its oil and gas assets in Egypt’s Western Sahara Desert location, while Egypt-based Cheiron Petroleuim and UK-based Cairn Energy together with Shell Egypt’s share of 13 land licenses for $926 million in the business’ Badr El-Din Petroleum. Company’s (BAPETCO) 50% shares were acquired.

Sale of ‘Shell’ Assets in Egypt Completed | Devamı>>>

9.5 billion shares of Permian Basin, America’s largest oil field, to ConocoPhilips by Shell
Sold for dollars.

In line with Royal Dutch Shell’s goal of reducing carbon emissions and turning to environmental solutions, the assets purchased by the American energy company ConocoPhilips include 600 miles of oil, natural gas and water pipelines.

7 billion dollars of the revenue to be provided by Shell from the sale will be directed to the shareholders and the balance sheet will be supported with the remaining amount.

‘Shell’ Sells Its Permian Shares To ConocoPhilips | Devamı>>>

Oil major Royal Dutch Shell on Thursday outlined the details of its near-term and long-term plans to transition to cleaner energy, saying its oil production and total carbon emissions have already peaked.

Shell said it aims to reduce net carbon emissions by between 6% to 8% by 2023 when compared to 2016 levels. The target jumps up to 20% by 2030, 45% by 2035, and 100% by 2050.

‘Shell’s Carbon Emissions and Oil Production Have Peaked | Devamı>>>

Calls for cleaner air and cuts in carbon emissions should boost global demand for natural gas over the next few decades, says Royal Dutch Shell.

The Anglo-Dutch energy company expects gas to account for more than 40 per cent of total energy growth until 2035, according to the company’s annual outlook for liquefied natural gas. This makes gas the largest source of growth in global energy usage over that period.

The predictions from the world’s largest buyer and seller of gas come as global trade in LNG, the super-cooled fuel, rose 10 per cent in 2018 to 319m tonnes, thanks to strong demand from Asia, particularly China.

Shell Sketches Bright Future for Liquefied Natural Gas | Devamı>>>

For the global energy industry, China’s importance is hard to overstate. It is the world’s largest oil importer and is on course to be the largest gas importer this year. It accounts for about half the world’s coal consumption and almost a third of global investment in “clean” energy. If the Chinese economy were to go into a downturn, producers of energy commodities and technologies all around the world would be affected. China accounted for just over a quarter of the increase in world oil demand last year, according to Opec, and is expected to make about the same contribution this year, with its own consumption growth slowing in tandem with the global total.

The Week in Energy: China’s Slowdown | Devamı>>>

Royal Dutch Shell is heavily investing in research and development of artificial intelligence (AI), which it hopes will provide solutions to some of its most pressing challenges.

From meeting the demands of a transitioning energy market, urgently in need of cleaner and more efficient power, to improving safety on the forecourts of its service stations, AI is at the top of the agenda. I have been working with Shell over the past months to help create a data strategy, which gave me a thorough insight into Shell’s AI priorities and initiatives.

Shell Uses Artificial Intelligence To Help Transform The Oil And Gas Giant | Devamı>>>

Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world’s largest floating production structure and the last of a wave of eight LNG projects built in the country over the last decade.

Though the project started up later and cost more than originally estimated, it is expected to further cement Australia’s lead as the world’s biggest LNG exporter, after the country took the crown in November.

World’s Largest Floating LNG Platform Starts Production in Australia | Devamı>>>

In addressing the threat of global warming, capturing and storing the carbon dioxide emissions from fossil fuel power plants is widely seen as a necessity. Back in 2009, John Ashton, then the UK foreign secretary’s special representative for climate change, argued: “There is no credible climate strategy that doesn’t include a strategy to get very quickly to the point where carbon capture and storage becomes the universal standard for all new coal and indeed all new gas-fired power generation.”

Nine years on, the plunging costs of renewable energy and battery storage have changed the debate somewhat.

Carbon Capture and Storage | Devamı>>>