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 […]
Strong progress toward net zero for Shell – EQ Mag Pro
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,” […]
SPR, Shell sign ScotWind leases – EQ Mag Pro
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 […]
Shell to offer to acquire renewable projects in Spain from Q-Energy – EQ Mag Pro
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 […]
Shell in race for $1.1 bln Spanish green energy projects, sources say – EQ Mag Pro
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 publishes reports on Sustainability, Industry Associations, and Payments to Governments – EQ Mag Pro
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 […]
JointVenture between #EKI (India) and #Shell (The Netherlands) – EQ Mag Pro
JointVenture between #EKI (India) and #Shell (The Netherlands). For more information please see below link:
Shell Vies With Adani, Greenko for Actis’s Sprng Energy – EQ Mag Pro
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 […]
Shell joint venture Atlantic Shores wins acreage in New York Bight, expanding offshore wind market share – EQ Mag Pro
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 […]
Energy Giant Shell, Venture Capitalists Ankur Capital and APVC invest in Offgrid Energy Labs’ pathbreaking energy storage ‘ZincGel’ technology – EQ Mag Pro
Offgrid Energy Labs announces unveiling of innovative ZincGel® Technology for Sustainable & Efficient batteries, providing energy storage solutions for Stationary & Mobile applications. Shell Ventures, Ankur Capital, APVC Singapore invest in Offgrid Energy Labs to deliver first-of-its-kind ZincGel Technology for batteries Offgrid Energy Labs is supported by: Indian Institute of Technology – Kanpur, Department of […]