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Shell and Toyota move forward with hydrogen facility for freight at Port of Long Beach

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The funding, which is contingent upon the approval of the project at an upcoming CEC meeting, forms part of the CEC’s Alternative and Renewable Fuel and Vehicle Technology Program, which helps develop hydrogen and electric infrastructure at ports, warehousing and distribution centers in California. Shell and Toyota expect the facility to encourage the use of zero-emission hydrogen fuel cell electric trucks in and around Long Beach, one of the world’s largest freight hubs. “This station will help the hydrogen-fueled freight sector to flour... Read More »

Shell sells stake in Dutch wind farm to Switzerland’s Partners Group

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Terms of Partners Group’s participation in the “Blauwwind II” consortium were not disclosed. Project leader Shell, which last month put together a 13-bank consortium to provide 1 billion euros in funding to build it, cut its stake to 20 percent from 40 percent. Eneco, which disclosed on Monday it had agreed to buy 50 percent of the output from Borssele 3 and 4, cut its stake in ownership of the project to 10 percent from 20 percent. Shell has said it intended to continue investing in major offshore wind projects, arranging the highest-risk f... Read More »

Shell and Barclays ‘lose’ £2bn in US tax changes

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Barclays is facing a larger full-year loss than expected because it told investors that the tax changes would initially cost it about £1 billion. At the same time, Royal Dutch Shell said in a statement to the stock market that the tax cut would lead it to take a hit to its earnings of between $2 billion and $2.5 billion.   ... Read More »

First gas flows from Shell’s Corrib gas field in Ireland

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Located 83 kilometres off Ireland’s northwest coast in water depths of almost 350 metres, the Corrib gas field lies approximately 3,000 metres below the seabed. At peak annual production, the Corrib gas field is expected to produce around 260 MMscf/d of gas, which is 45,000 barrels of oil equivalent per day.“Today’s announcement is a positive step for our gas portfolio,” said Andy Brown, Shell’s Upstream International Director. “It is also good news for Ireland as the provision of Corrib gas improves security of supply for the Irish energy mark... Read More »

BP: Oil and gas CEOs jointly declare action on climate change

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CEOs of 10 global oil and gas companies make collaborative declaration on climate change: Call for an effective climate change agreement at COP21. Strengthen actions and investments to contribute to reducing the GHG intensity of the global energy mix. Support the implementation of clear stable policy frameworks consistent with a 2°C future; these will help our companies to take informed decisions and make effective and sustainable contributions to addressing climate change. Collaborate in a number of areas such as efficiency, natural ga... Read More »

BASF to sell shares in ELLBA Eastern to joint venture partner Shell

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BASF remains globally committed to propylene oxide and its respective value chains. Therefore, as part of the agreement, BASF and Shell have signed a supply contract to provide BASF with the necessary volumes of propylene oxide. ELLBA Eastern started production in 2002. The plant is fully integrated into the Shell site on Jurong Island, Singapore, and has an annual capacity of 250,000 metric tons of propylene oxide and 550,000 metric tons of styrene monomer. The ELLBA joint venture between Shell and BASF in Moerdijk, the Netherlands, is not ... Read More »

Vitol completes acquisition of Shell’s Australian downstream business; launches Viva Energy Australia

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Viva Energy comprises Shell’s Geelong refinery and 870-site retail business, along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses in Australia. Viva Energy will be the exclusive distributor of Shell branded fuels and lubricants in Australia. The majority of Shell’s downstream staff in Australia will remain with Viva Energy. In February 2014, Vitol announced it had reached a binding agreement with Shell to acquire its Australian downstream business (excluding Aviation) for a total consideration of A$2.9 billion ... Read More »

Amnesty International: Nigerian government and Shell continue to ignore horrendous pollution in Niger Delta

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A damning report, released today by Friends of Earth Europe, Amnesty International, Environmental Rights Action, Platform and the Centre for Environment, Human Rights and Development (CEHRD), exposes a shocking lack of action by Shell and the Nigerian Government to clean up pollution in Ogoniland, despite recommendations made by a major UN study three years ago today. The UN Environment Programme published a scientific study on the Ogoniland region of the Niger Delta in 2011, exposing widespread oil pollution, severe health risks for the pop... Read More »

Time to face the music – Dirty oil’s bid for respectability exposed

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A 100 foot banner reading ‘Love Jazz Fest – Hate Oil Spills’ tailed a light plane atop of the tens of thousands people attending the festival in New Orleans today. Volunteers distributed fans with the now famous rebranding of the Shell logo featuring devil horns and a polar bear, as well as stickers and information on Shell’s corporate irresponsibility. “Shell utilizes its comparatively small sponsorship of the Festival to earn goodwill, gain credibility as a good community member, and distance itself from the disastrous recent headlines aro... Read More »

Shell announces Malaysia deep-water gas discovery

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The well encountered more than 450 metres of gas column. With further exploration planned, the finding is a positive indicator of the gas potential in an area of strategic interest for Shell. “Rosmari-1 is a testament to our ability to successfully drill and build understanding of new geology within our existing exploration heartlands, adding value to our existing assets in Malaysia,” said Andy Brown, Director Shell Upstream International. “We are expanding and rejuvenating heartlands across our exploration portfolio, including in Brunei, Au... Read More »

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