2023-03-27
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New Energy Security Scenarios explore how the world could evolve

New Energy Security Scenarios explore how the world could evolve
03/21/2023

Shell plc has today published its latest scenarios: the Energy Security Scenarios. The two new scenarios explore how the world could evolve following Russia’s invasion of Ukraine. Specifically, they look into the possible energy and climate outcomes that could result from a world that has security as its dominant concern.

Shell reports good progress on journey to net-zero emissions

Shell reports good progress on journey to net-zero emissions
03/16/2023

Shell plc has published its Energy Transition Progress Report 2022, which shows it has again met its climate targets as part of its energy transition strategy. The report will be put to shareholders for an advisory vote at Shell’s Annual General Meeting on May 23, 2023.

European LNG demand to drive competition for new supply and dominate trade in the long term

European LNG demand to drive competition for new supply and dominate trade in the long term
02/16/2023

Europe’s increased need for liquefied natural gas (LNG) looks set to intensify competition with Asia for limited new supply available over the next two years and may dominate LNG trade over the longer term, according to Shell’s LNG Outlook 2023.

Shell plc announces Executive Committee and Directorate changes

Shell plc announces Executive Committee and Directorate changes
01/30/2023

Shell plc is to reduce the size of its Executive Committee (EC) from nine to seven members in a decisive move designed to simplify the organisation further and improve performance as we deliver our Powering Progress strategy

Shell and Eneco win bid to develop 760 MW offshore wind power in the Netherlands at Hollandse Kust (west) VI

Shell and Eneco win bid to develop 760 MW offshore wind power in the Netherlands at Hollandse Kust (west) VI
12/16/2022

Joint venture Ecowende to build and operate offshore wind farm in Dutch waters / Wind farm will generate enough renewable power to decarbonise about 3% of current Dutch electricity demand / Wind farm to have focus on ecology

Shell to acquire renewable natural gas producer Nature Energy

Shell to acquire renewable natural gas producer Nature Energy
11/30/2022

Shell Petroleum NV, a wholly owned subsidiary of Shell plc (Shell), has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners and Sampension to acquire 100% shareholding of Nature Energy Biogas A/S (Nature Energy) for nearly USD $2 billion (€ 1.9 billion). The acquisition will be absorbed within Shell’s current capital range, which remains unchanged.

Shell and Simply Blue Group confirm that Shell will end its involvement in the Western Star and Emerald offshore wind projects in Ireland

Shell and Simply Blue Group confirm that Shell will end its involvement in the Western Star and Emerald offshore wind projects in Ireland
09/28/2022

Shell and Simply Blue Group confirm that Shell will end its involvement in the Western Star and Emerald offshore wind projects in Ireland.

Shell Chief Executive Officer Ben van Beurden to step down, Wael Sawan appointed as his successor

Shell Chief Executive Officer Ben van Beurden to step down, Wael Sawan appointed as his successor
09/16/2022

Shell plc (“Shell”) today announced that Ben van Beurden will step down as Chief Executive Officer (CEO) at the end of 2022, and that his successor will be Wael Sawan. Wael’s appointment is effective January 1, 2023*, when he will also join Shell’s Board of Directors. Ben van Beurden will continue working as adviser to the Board until June 30, 2023, after which he will leave the group.

Shell plc second quarter 2022 Euro and GBP equivalent dividend payments

Shell plc second quarter 2022 Euro and GBP equivalent dividend payments
09/05/2022

The Board of Shell plc (“Shell”) today announced the pounds sterling and euro equivalent dividend payments in respect of the second quarter 2022 interim dividend, which was announced on July 28, 2022 at US$0.25 per ordinary share.

Shell completes acquisition of renewables platform Sprng Energy group

Shell completes acquisition of renewables platform Sprng Energy group
08/09/2022

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited and with it, the Sprng Energy group of companies from Actis Solenergi Limited (Actis).

Shell to start building Europe’s largest renewable hydrogen plant

Shell to start building Europe’s largest renewable hydrogen plant
07/13/2022

Shell Nederland B.V. and Shell Overseas Investments B.V., subsidiaries of Shell plc, have taken the final investment decision to build Holland Hydrogen I, which will be Europe’s largest renewable hydrogen plant once operational in 2025.

Shell bids to bring offshore wind power to the Polish Baltic Sea

Shell bids to bring offshore wind power to the Polish Baltic Sea
06/15/2022

Amber Baltic Wind Ltd, a wholly owned subsidiary of Shell plc ("Shell"), has submitted proposals for new offshore wind locations in the Polish Baltic Sea zone as part of the latest government's tender. The sites included in the tender will help deliver Poland’s ambition of reaching 11 GW of installed offshore wind capacity by 2040.

Shell UK aims to invest up to £25 billion in the UK energy system

Shell UK aims to invest up to £25 billion in the UK energy system
03/29/2022

More than 75% intended for low-carbon and renewable products and services, including offshore wind, hydrogen and electric mobility / Investments subject to board approval and supporting policy

Shell intends to exit equity partnerships held with Gazprom entities

Shell intends to exit equity partnerships held with Gazprom entities
03/01/2022

The Board of Shell plc (“Shell”) today announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture. Shell also intends to end its involvement in the Nord Stream 2 pipeline project.

Shell starts up hydrogen electrolyser in China with 20 MW production capacity

Shell starts up hydrogen electrolyser in China with 20 MW production capacity
01/31/2022

Shell has started operations at the power-to-hydrogen electrolyser in Zhangjiakou, a joint venture between Shell (China) Limited and Zhangjiakou City Transport Construction Investment Holding Group Co. Ltd.

Shell and ScottishPower win bids to develop 5 GW of floating wind power in the UK

Shell and ScottishPower win bids to develop 5 GW of floating wind power in the UK
01/18/2022

Joint ventures plan to build and operate two of the world’s first large-scale floating offshore wind farms in UK waters / Partners will use innovative technology to install turbines further from shore to catch more powerful winds as part of Crown Estate Scotland’s ScotWind leasing / As the global economy transitions to a low-carbon future, Scotland has the opportunity to pioneer expertise to develop a new global centre of excellence for offshore wind

’MunmuBaram’ Joint Venture is formally established by Shell and CoensHexicon for floating offshore wind project in South Korea

’MunmuBaram’ Joint Venture is formally established by Shell and CoensHexicon for floating offshore wind project in South Korea
09/09/2021

Joint Venture aims to develop and operate a 1.4 gigawatt floating offshore wind farm in South Korea. The proposed wind farm will help in South Korea’s energy transition and decarbonization journey.

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