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Shell renewables and energy solutions division spending declined by 23% last year, Reuters reported. A wave of layoffs also impacted the company’s low-carbon business, among other areas.
BP and Shell made eye-catching promises to invest in renewable energy. If you're shocked that they're already backing off, you haven't been paying attention. ... Shell's capital spending on low ...
Shell failed to meet its own target in 2020 to spend $6 billion on renewable energy. It is also estimated that Shell is not on track to meet its own investment target for 2025, and that the company needs to direct over half of its capital expenditures (nearly $10 billion per year) to zero carbon investments to meet its long-term net-zero ...
Shell PLC is an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United ... Renewables. Energy Solutions. It explores and extracts crude oil, natural gas, ...
Valero Energy Corporation is an American-based fuels producer mostly involved in manufacturing and marketing transportation fuels and other related products. It is headquartered in San Antonio , Texas , United States . [ 2 ]
Shell Energy Retail Limited was a British consumer gas, electricity and broadband provider. [1] Formerly a subsidiary of Shell , the business was acquired by Octopus Energy in December 2023. The company purchased gas and electricity from international markets for resale to consumers.
General Motors (GM) and Royal Dutch Shell’s (RDS.A) MP2 Energy have joined forces to offer GM customers and supply chain partners renewable energy solutions in Texas. As part of the program, the ...
The Shell Martinez Refinery in Martinez, California, the first Shell refinery in the United States, supplied Shell and Texaco stations in the West and Midwest [12] until its sale to PBF Energy in 2020. [13] Shell fuel previously included the RU2000 and SU2000 lines (later there was a SU2000E) but they have been superseded by the V-Power line. [14]