Shell retreats from renewables but sees a green future
Shell is retreating from renewables and doubling down on fossil fuels – even as its own scenarios see a clean-energy future.
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Shell Scales Back Renewables in Brazil, Readjusts Power Portfolio
Shell plc SHEL has announced that it is scrapping its solar and onshore wind projects in Brazil. Its decision to discontinue these projects was likely influenced by a challenging environment for ...
Why did activist investor Elliott build a short position in Shell stock?
Elliott has built a more than $1 billion position against Shell. The activist investor is using Shell as a hedge for its BP ...
Shell’s revamped strategy is a ‘successful failure’
In 1970, the National Aeronautics and Space Administration (NASA) described the Apollo 13 mission as "successful failure" ...
Shell raises shareholder distributions and LNG sales target, trims spending
Shell on Tuesday pledged to return more cash to shareholders on the back of higher LNG sales, mainly via buybacks, trimmed ...
EXCLUSIVE: Eco Wave Power Rides New Wave With LA Permit To Launch US Pilot Project
Eco Wave Power Global AB (NASDAQ:WAVE), an onshore wave energy technology player, announced on Monday that it received a Revocable Permit from the Port of Los Angeles to construct and demonstrate its ...
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Shell to dump renewable energy assets in Brazil
Supermajor still owns 44% of sugarcane ethanol powerhouse Raizen, but Brazilian renewables ambitions are waning ...
Shell increases shareholder returns and doubles down on LNG
Shell recently revamped its focus on oil and gas output, a move which has been greatly welcomed by shareholders, due to the ...
Shell halves green investment and boosts gas sales
Shell will halve investment in green energy and ramp up gas sales as it massively increase shareholder payouts. The company ...