Shell | Latest News & Updates - Nov 07, 2024 Release

Shell opened its first LNG fueling station in Slovakia on the D2 highway near Lozorno, marking a significant step in decarbonizing freight transport...


Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡


Shell

🌎 shell.com

Shell is a global group of energy and petrochemical companies headquartered in London, England. With operations in over 70 countries and employing 103,000 people, Shell serves more than 1 million commercial and industrial customers, as well as around 33 million retail customers daily at its service stations. The company focuses on providing cleaner energy solutions and powering progress through innovation in energy supply, including oil, natural gas, and renewable energy.


Shell - Latest News and Updates

  • Shell opened its first LNG fueling station in Slovakia on the D2 highway near Lozorno, marking a significant step in decarbonizing freight transport.
  • The Nigerian regulator NUPRC has withheld approval for the Shell/Renaissance transaction, citing unmet criteria.
  • Shell Malaysia is partnering with Progressture Solar to install up to 20 MWp of solar capacity across more than 600 retail stations to cut emissions by 50% by 2030.
  • Shell is transforming its largest German refinery, Rheinland, from crude oil processing to producing high-grade lubricants, with the overhaul starting next quarter and aiming for completion by 2025.
  • Shell will offer MIDEL ester-based transformer fluids in the Middle East starting summer 2025, addressing the region's demand for advanced transformer oils.
  • Shell has started production at a new deep-water facility off the coast of Brazil.
  • Shell is struggling to get approval for the $1.3 billion sale of its onshore oil and gas business in Nigeria due to regulatory concerns, with ongoing discussions led by Shell's chief executive Wael Sawan.
  • On October 23, 2024, the Clean Air Council and the Environment Integrity Project filed a notice of intent to sue the Shell Petrochemical Plant in Beaver County for air pollution violations.
  • Wafi Energy becomes the majority shareholder of Shell Pakistan Limited, the exclusive licensee for Shell in Pakistan.
  • Shell has started building the Bioenergy Center in Piracicaba, SP, in partnership with Raízen and Senai, to develop decarbonization solutions from sugarcane, with completion expected in 2026.

Sign up to receive regular updates


If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.