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For instance, Shell's pledge in its 2019 annual report to reduce the net carbon footprint of its own emissions and those of its customers using its products "by around 20% in 2035 and by around 50 ...
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.
French energy giant TotalEnergies has pulled ahead of rivals Shell and BP in the race to build up a renewables business, data collected by Reuters shows. TotalEnergie's shares have also ...
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 ...
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 ...
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.