Shell's critics have said the supermajor is "backtracking" on its climate targets in its updated Energy Transition Strategy for 2024. Shell published on Thursday its first updated energy transition ...
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BP and Shell scale back transition
Shell has streamlined its low-carbon businesses, scaling back hydrogen for transport in certain markets and refocusing power ...
ExxonMobil and Shell have canceled the planned sale of their joint UK Southern North Sea gas assets, including the critical Bacton gas terminal, to Viaro Energy after completion conditions were not ...
BP PLC said it expects to take as much as US$5 billion in writedowns from its energy transition business, just weeks after a ...
While wind and solar energy led in investments globally, liquefied natural gas is also booming. A former climate envoy for ...
The oil and gas industry must work on the energy transition “with urgency”, despite the continued need for fossil fuels for the foreseeable future, a Shell executive told audience members at an energy ...
Shell will use its advanced trading capabilities to manage a renewable power portfolio for Google that addresses the intermittency of renewable generation through access to battery energy storage ...
Power Purchase Agreements (“PPA”) have become an integral tool in the renewable energy sector, especially in Italy. These long-term contracts enable businesses to purchase electricity directly from ...
The global energy transition stands at a critical point. Around the world, economies are striving to cut carbon emissions while keeping energy affordable and secure. Yet progress remains uneven.
Shares of Shell PLC (NYSE:SHEL) are trading lower while BP PLC (NYSE:BP) shares are surging Wednesday afternoon following a Wall Street Journal report that the two British energy giants are in ...
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