Royal Dutch Shell

Unlike countries like China, India is not yet prepared to extract minerals from the ocean's depths due to a lack of seabed mining expertise, experts say

Energy giant Shell has dropped from its name the 'Royal Dutch' part, which it had carried for 130 years, following plans of a major overhaul announced recently

The Dutch wing of environmental group Friends of the Earth, which won a landmark court victory against Royal Dutch Shell last year, is targeting 30 major corporate emitters in a campaign

LONDON (Reuters) - Royal Dutch Shell plans to start producing low-carbon jet fuel at scale by 2025, in an attempt to encourage the world's airlines to reduce greenhouse gas emissions.

The firm is launching Implied Temperature Rise scores, which estimate whether a firm's activities and plans are consistent with keeping global warming below 2 degrees Celsius

BP Plc and Equinor ASA have already made incremental dividend increases and announced more modest buyback plans

The oil and gas giant still expects to appeal the verdict and believes it has been unjustly singled out, Chief Executive Ben van Beurden said in a statement posted on LinkedIn.

Defeats in the courtroom and boardroom mean Royal Dutch Shell, ExxonMobil and Chevron are all under pressure to cut carbon emissions faster

Investor support for climate concerns could force oil and gas companies to rethink how fast they pivot to other forms of energy

The Hague court did not say how Royal Dutch Shell should achieve the ordered cutback

Sales of oil and gas assets in countries including Nigeria, Canada and Egypt added $1.4 billion to first-quarter profits

Shell's oil trading operations, known internally as Trading & Supply, accounted for 43% of the Oil Products division's total earnings of $5.995 billion in 2020

Royal Dutch Shell said it will write down $3.5 to $4.5 billion in the value of oil and gas assets in 2021, the latest in a string of impairments this year as it adjusts to a weaker outlook

The Covid crisis has hastened a seismic shift in the global refining industry as demand for plastics and fuels grows in China and the rest of Asia

Royal Dutch Shell to cut 9,000 jobs, seven US airlines get stimulus loans, Saudi economy shrinks 7% in Q2 and other pandemic-related news across the globe

According to the Fortune, this year, Global 500 companies employ 69.9 million people. Check out the list to know more

Global oil majors are looking at expanding foothold in the vast Indian market, where local refiners are investing billions of dollars to boost their petrochemical capacities

Shell has a complex Anglo-Dutch holding structure with a tax residency and headquarters in the Netherlands and a registered office in Britain

The writedown announcement came after Shell cut its forecast for energy prices into 2023 on expectations that sales will only recover slowly after the pandemic

European competitor Royal Dutch Shell Plc is said to be offering voluntary redundancies in a bid to become leaner, and US rivals Chevron Corp. and Marathon Oil Corp. are among others laying off staff