Shell plc SHEL has withdrawn its ambitious plan to allocate $100 million annually for carbon credits, effectively suspending what was once deemed the world's largest corporate offset program. The ...

Shell weakened its 2030 carbon reduction target and scrapped a 2035 objective, citing expectations for lower power sales and strong demand for gas in the energy transition, even as it affirmed a plan ...

CALGARY, Alberta, July 13 (Reuters) - Royal Dutch Shell (RDSa.L), opens new tab said on Tuesday it plans to build a large-scale carbon capture and storage (CCS) project near Edmonton, Alberta, joining ...

Shell plc SHEL, a British integrated oil and gas company, has formally entered into a definitive agreement to acquire ARC Resources Ltd, a prominent energy company operating in the Montney shale basin ...

Analysis shows the oil giant sharply increased its use of carbon credits to offset its emissions as the voluntary market faced criticism. As the world’s voluntary carbon market has faced doubts about ...

British oil giant Shell won a major court victory on Tuesday when a Dutch appeals court overturned a landmark 2021 case brought by green groups that found the company partially responsible for climate ...

Shell Bitumen CarbonSink is a new bio-component binder that locks carbon within roads instead of releasing it back into the atmosphere. Shell Bitumen CarbonSink is a new bio-component binder that ...

Mantel Capture, Inc. has raised $30 million in Series A funding co-led by Shell Ventures and Eni Next. Shell plc and Eni SPA are investing in a new carbon capture firm with technology that uses molten ...

Six months after becoming the chief executive at Shell Plc, Wael Sawan quietly ended the world’s biggest corporate plan to develop carbon offsets, the environmental projects designed to counteract the ...

Oct 26 (Reuters) - Shell Eastern Petroleum, an unit of global oil and gas major Shell Plc (SHEL.L), opens new tab said on Wednesday it had signed a memorandum of understanding (MoU) with Brunei Shell ...