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
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.
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
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
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
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
