Shell | Latest News & Updates - Nov 28, 2024 Release

Shell, in collaboration with Accenture and Amex GBT, has expanded its blockchain platform Avelia to support sustainable aviation fuel solutions in air freight, as announced on November 27, 2024...


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, in collaboration with Accenture and Amex GBT, has expanded its blockchain platform Avelia to support sustainable aviation fuel solutions in air freight, as announced on November 27, 2024.
  • Shell's new SEAM organization integrates Safety, Environment, and Asset Management activities globally to support its business and assets.
  • Prax Group is still working toward buying Shell's minority stake in the Schwedt refinery in east Germany.
  • Shell and DHL Express have partnered to deliver 25,000 tonnes of sustainable aviation fuel at Brussels Airport, aiming to reduce carbon emissions by 80,000 tonnes CO2 equivalent.
  • Shell's Energy and Chemicals Park Rotterdam will reduce nitrogen oxide emissions by 200 tonnes annually from the end of November, equivalent to removing 330,000 cars from the road, by installing 24 new ultra-low emission burners.
  • On November 25, Shell Falcon Pipeline LP pleaded no contest to three criminal charges for violating the state Clean Streams Law and will pay $300,000 in penalties.
  • Shell Pipeline Co. pleaded no contest to violating waterway regulations during the Falcon pipeline construction and agreed to pay a $275,000 donation to the Raccoon Creek Watershed.
  • Shell Energy partnered with The GPT Group to implement a Smart Energy Hub at Chirnside Park Shopping Centre in Melbourne, featuring a 2 MWh battery energy storage system and a 650 kW solar array.
  • Shell announced a new $3.5 billion share buyback program to be completed by the Q4 results announcement in January.
  • Shell CEO Wael Sawan announced that the company is starting arbitration hearings over liquefied natural gas supply issues with Venture Global's Calcasieu Pass facility, claiming wrongful earnings of $3.5 billion.

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.