Shell plc SHEL has withdrawn its ambitious plan to allocate $100 million annually for carbon credits, effectively suspending what was once deemed the world's largest corporate offset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 had planned to invest $100 million annually in developing carbon sinks that would generate 120 million carbon credits annually from 2030; the company has now abandoned these plans. A media ...

LONDON, March 14 (Reuters) - Shell SHEL.L 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 ...

LONDON, Oct 25 (Reuters) - Shell (SHEL.L), opens new tab will cut at least 15% of the workforce at its low-carbon solutions division and scale back its hydrogen business as part of CEO Wael Sawan's ...

LONDON, March 14 (Reuters) - Shell (SHEL.L), opens new tab weakened a 2030 carbon reduction target and scrapped a "perilous" 2035 objective, citing expectations for strong gas demand and uncertainty ...

European oil companies Shell, Equinor and TotalEnergies have announced a final investment decision (FID) of the second phase of the Northern Lights carbon capture project offshore Norway. The joint ...

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 ...