London, July 28, 2022 “With volatile energy markets and the ongoing need for action to tackle climate change, 2022 continues to present huge challenges for consumers, governments, and companies alike. Consequently, we are using our financial strength to invest in secure energy supplies which the world needs today, taking real, bold steps to cut carbon [...]
SEOUL, June 21 (Korea Bizwire) — Hanwha Solutions Corp., a chemical and energy unit of South Korean conglomerate Hanwha Group, said Tuesday it has won a deal to provide hydrogen tanks to global energy firm Shell PLC in the United States. Hanwha Cimarron, its wholly-owned U.S. subsidiary, will be supplying the Neptune hydrogen tanks, as [...]
London, May 5 (Korea Bizwire) – “The war in Ukraine is first and foremost a human tragedy, but it has also caused significant disruption to global energy markets and has shown that secure, reliable and affordable energy simply cannot be taken for granted. The impacts of this uncertainty and the higher cost that comes with it [...]
SEOUL, March 22 (Korea Bizwire) — Korea Line LNG Co., a midsized South Korean shipping company, and the state-run Korea Gas Corp. (KOGAS) have launched a liquefied natural gas (LNG) bunkering business in collaboration with Shell Plc, Europe’s biggest oil firm. The two companies announced on Monday that they had taken delivery of the LNG [...]
SEOUL, Feb. 25 (Korea Bizwire) — Hyundai Motor Co. said Friday it has signed an initial pact with Shell Plc for cooperation in electrification and carbon neutrality. Last week, Hyundai Motor signed a memorandum of understanding with Shell, Europe’s biggest oil firm, to collaborate on electric vehicle charging infrastructure, hydrogen fuel-cell electric vehicle supplies, and [...]
London, Feb. 3 (Korea Bizwire) – “2021 was a momentous year for Shell. We launched our Powering Progress strategy and simplified our share structure and organisation. Progress made in 2021 will enable us to be bolder and move faster. We have a compelling strategy, with customers at its core. We have ambitious plans to generate shareholder [...]
The Hague, Oct. 28 (Korea Bizwire) – “This quarter we’ve generated record cash flow, maintained capital discipline and announced our intention to distribute $7 billion to our shareholders from the sale of our Permian assets. Today, we also set a new 2030 target to halve the absolute emissions from our operations, compared to 2016 levels on [...]
The Hague, July 29 (Korea Bizwire) – “We are stepping up our shareholder distributions today, increasing dividends and starting share buybacks, while we continue to invest for the future of energy. The quality of Shell’s operational and financial delivery and strengthened balance sheet have given the Board confidence to rebase the dividend per share from Q2 [...]
The Hague, April 29 (Korea Bizwire) – “Shell has made a strong start to 2021, generating over $8 billion of cash in the quarter. Our integrated business model is ideally positioned to benefit from recovering demand. As previously announced, the first quarter 2021 dividend per share has been increased by around 4%, in line with our [...]
CHICAGO, April 6 (Korea Bizwire) — Our world is at an inflection point – one that requires action today, solutions that work, and meaningful progress toward decarbonizing industries and our society. LanzaJet, Inc., a leading sustainable fuels technology company and sustainable fuels producer, announced today that Shell joins as an investor in the company to advance [...]