Shell focuses energy on green fuels, car charging
It expects an accelerating transition to clean energy over the coming decade as demand picks up
London
ROYAL Dutch Shell wants 20 per cent of income from its retail forecourts to come from vehicles that don't burn diesel or petrol, as the company anticipates an accelerating transition to clean energy over the coming decade.
Shell set up its first hydrogen refuelling station in the UK earlier this year and will install its first electric car charging point later this month, said John Abbott, the top executive of its downstream business, which includes refining, marketing, retail, trading and chemicals.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Sri Lanka approves power deal with India's Adani Group
BP profits drop to US$2.7 billion, refinery outage offsets higher output
Aramco to pay US$31 billion dividend as Saudi posts budget deficit
PetroVietnam announces new oil discoveries with initial reserves of 100.5 million barrels
European oil giants consider shifting their listings to the US
ExxonMobil sees Hess arbitration dragging into 2025, CEO says