Tag: Shell

New Collaboration for Zero Emission Hydrogen Trucking at Mass-Market Scale

Stuart Mitchell

IVECO, Daimler Truck AG, OMV, Shell and the Volvo Group have committed to work together to help create the conditions for the mass-market roll-out of hydrogen trucks in Europe called H2Accelerate. As a growing number of governments and businesses align on a common vision of a net-zero emissions energy system, the H2Accelerate participants believe that hydrogen is an essential fuel for the complete decarbonisation of the truck sector. Achieving a large-scale roll-out of hydrogen fuelled trucks is expected to create new industries: zero-carbon hydrogen production facilities, large-scale hydrogen distribution systems,…

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Leading energy companies form partnership to accelerate the development of offshore ‎transport and storage infrastructure for carbon emissions in UK North Sea‎

Stuart Mitchell

bp, Eni, Equinor, National Grid, Shell and Total have confirmed they have formed ‎a new partnership, the Northern Endurance Partnership (NEP), to develop offshore carbon dioxide ‎‎(CO2) transport and storage infrastructure in the UK North Sea, with bp as operator. This ‎infrastructure will serve the proposed Net Zero Teesside (NZT) and Zero Carbon Humber (ZCH) ‎projects that aim to establish decarbonized industrial clusters in Teesside and Humberside.‎ NZT and ZCH are at-scale decarbonization projects that will kick start decarbonization of industry and ‎power in two of the UK’s largest industrial…

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Shell and Microsoft form alliance to help address carbon emissions

Stuart Mitchell

Shell International Petroleum Company Limited and Microsoft Corporation, building on a history of three decades of working together, are embarking on a new strategic alliance to support progress towards a world with net-zero emissions. This builds on the strong foundation of decades of technology collaboration between the two companies. This type of strategic alliance is a model for how companies can work together to achieve their net-zero ambitions. “Microsoft and Shell both have rich histories of innovation and bold ambitions to decarbonise,” said Huibert Vigeveno, Downstream Director of Shell. “We…

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Shell updates investors on plans to become net-zero by 2050

Stuart Mitchell

Royal Dutch Shell plc (Shell) has updated investors on plans to become a net-zero emissions energy business by 2050 or sooner (covering scope one, two and three emissions). The detailed steps, were outlined at Shell’s Responsible Investment Annual Briefing, included: An ambition to be net zero on all the emissions from the manufacture of all our products (scope one and two) by 2050 at the latest; Accelerating Shell’s Net Carbon Footprint ambition to be in step with society’s aim to limit the average temperature rise to 1.5 degrees Celsius in…

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Shell makes major step toward tax transparency, combating oil sector secrecy says Oxfam

Stuart Mitchell

Oxfam welcomes new disclosures from Royal Dutch Shell Plc (“Shell”), the British-Dutch oil and gas company, that are part of a broader move toward corporate tax transparency. Global tax dodging by multinational corporations fuels economic inequality and undermines investments in poverty-reducing social services. Tax transparency can help shine a light on whether companies are paying what they should. Oxfam encourages governments to require publication of companies’ country-by-country tax reports and for companies to disclose their profit and tax payments. In a new report recently released, Shell went beyond its legal…

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