Shell | Latest News & Updates - Nov 14, 2024 Release

Shell Brasil signed an agreement with FAPESP and several Brazilian universities to invest R$ 82.4 million in 15 new research projects for energy transition at the Center for Innovation in New Energies (CINE)...


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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 Brasil signed an agreement with FAPESP and several Brazilian universities to invest R$ 82.4 million in 15 new research projects for energy transition at the Center for Innovation in New Energies (CINE).
  • Shell won its appeal against a 2021 Dutch court ruling that would have required a 45% reduction in global carbon dioxide emissions by 2030.
  • Shell has appointed Haytham Yehia as Chairman and CEO of Shell Lubricants Egypt and Cluster General Manager for the Middle East and Central Asia.
  • Technip Energies and Shell Catalysts & Technologies have agreed to form an exclusive global alliance for carbon capture using Shell's CANSOLV COâ‚‚ Capture System.
  • A Dutch appeals court overturned a ruling that required Shell to cut its carbon emissions by 45% by 2030, citing insufficient consensus on the specific reduction percentage.
  • On November 12, 2024, a Dutch appeals court ruled that Shell is not required to significantly reduce its greenhouse gas emissions by 2030, overturning a previous order and marking a setback for environmental activists.
  • Shell signed concession contracts in the Pelotas Basin, expanding its oil and gas exploration and production portfolio in Brazil to 65 contracts.
  • Shell's CEO Wael Sawan expressed satisfaction with the Dutch court's ruling in favor of Shell in the appeal case filed by Milieudefensie and others, affirming the company's commitment to becoming a net-zero emissions energy business by 2050.
  • Shell has launched an innovative plant at Shell Chemicals Park Moerdijk to chemically recycle hard-to-recycle plastics, attended by Shell Nederland's president-director Frans Everts and government officials.
  • Shell hosted the Shell Energy Symposium on November 14, where discussions focused on AI's energy demands, grid stress, renewable energy impacts, and the importance of partnerships for low-carbon operations, according to Daniel Silva, Vice President - Strategic Enterprise Accounts.

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