Shell

Shell CEO Sees Covid-19 as Opportunity for ‘Green Recovery,’ as Net-Zero Emissions Goals Advance

Shell CEO Sees Covid-19 as Opportunity for ‘Green Recovery,’ as Net-Zero Emissions Goals Advance

Royal Dutch Shell plc is not backing off its ambition to become a net-zero emissions energy operator by 2050, and in fact, management expects Covid-19 to accelerate the energy transition. In a recorded video for the global workforce, CEO Ben van Beurden said Tuesday there was an “opportunity of a green recovery” as the world…

June 24, 2020
Goldboro LNG Hits Regulatory Snag in Alberta Related to Supply Acquisition

Goldboro LNG Hits Regulatory Snag in Alberta Related to Supply Acquisition

A second attempt is under way to fulfill environmental rules for a supply deal for the Goldboro liquefied natural gas export facility proposed for Canada’s east coast after the Alberta Energy Regulator (AER) rejected the first transaction plan.

May 20, 2020
Shell CEO Says Covid-19 May ‘Capitalize Society’ to Reduce Long-Term Oil, Natural Gas Demand

Shell CEO Says Covid-19 May ‘Capitalize Society’ to Reduce Long-Term Oil, Natural Gas Demand

Royal Dutch Shell plc is buttressing against an uncertain outlook for global oil and natural gas demand this year after profits were decimated in the first quarter by the impact of Covid-19.

April 30, 2020
In Bright Spot, Some Jobs Returning at Shell Pennsylvania Cracker

In Bright Spot, Some Jobs Returning at Shell Pennsylvania Cracker

More workers are back at Royal Dutch Shell plc’s ethane cracker site in Western Pennsylvania this week after the state said they were exempt from an order last month shutting down nonessential businesses to curb the spread of Covid-19.

April 22, 2020
Shell Sanctions Australian Natural Gas Project to Feed Domestic Demand, LNG Exports

Shell Sanctions Australian Natural Gas Project to Feed Domestic Demand, LNG Exports

An affiliate of Royal Dutch Shell plc has made a final investment decision (FID) to move ahead with the first phase of a multi-billion dollar project to expand natural gas production in the Surat Basin of Eastern Australia to supply domestic and export markets.

April 20, 2020
Shell Boosts Carbon Reduction Goals, Aims for Net-Zero Emissions by 2050

Shell Boosts Carbon Reduction Goals, Aims for Net-Zero Emissions by 2050

Royal Dutch Shell plc is joining the parade of energy operators in setting its sights to become a net-zero emissions energy business by 2050, or even sooner.

April 17, 2020
Shell Says Liquidity Remains Strong, Guides to Lower LNG Volumes in 1Q2020

Shell Says Liquidity Remains Strong, Guides to Lower LNG Volumes in 1Q2020

Royal Dutch Shell plc warned Tuesday of “significant uncertainty” regarding commodity prices and demand for oil and natural gas because of Covid-19, but it reiterated that liquidity remains strong.

March 31, 2020
Shell Says Liquidity Remains Strong, Guides to Lower LNG Volumes in 1Q2020

Shell Says Liquidity Remains Strong, Guides to Lower LNG Volumes in 1Q2020

Royal Dutch Shell plc warned Tuesday of “significant uncertainty” regarding commodity prices and demand for oil and natural gas because of Covid-19, but it reiterated that liquidity remains strong.

March 31, 2020
Shell to Dump Stake in Lake Charles LNG as Market Falters

Shell to Dump Stake in Lake Charles LNG as Market Falters

Royal Dutch Shell plc said Monday that it was backing out of the Lake Charles liquefied natural gas (LNG) export project under development in Calcasieu Parish, LA, due to deteriorating market conditions, leaving Energy Transfer LP (ET) to move ahead on its own.

March 30, 2020
Shell to Dump Stake in Lake Charles LNG as Market Falters

Shell to Dump Stake in Lake Charles LNG as Market Falters

Royal Dutch Shell plc said Monday that it was backing out of the Lake Charles liquefied natural gas (LNG) export project under development in Calcasieu Parish, LA, due to deteriorating market conditions, leaving Energy Transfer LP (ET) to move ahead on its own.

March 30, 2020
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