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Royal Dutch Shell is a vertically integrated Anglo–Dutch multinational oil and gas company and is one of the biggest oil and gas groups in the world. It also has invested extensively in renewable energy.
Acting for Friends of the Earth, lawyer Roger Cox won a ruling against Shell last year requiring the energy giant to cut its carbon emissions by net 45 per cent by 2030.
It’s no longer taboo for climate defenders to call for the end of crude oil extraction. But the world economy’s deep dependence on hydrocarbons isn’t going away any time soon.
Activists say Shell’s plans to search for oil and gas deposits off South Africa’s Wild Coast – a key tourist attraction – pose a danger to marine animals.
Storms Marco and Laura are poised to enter the Gulf early next week.
China National Machinery Industry Corporation (Sinomach), the country’s largest industrial machinery company, has signed a framework agreement with the Huizhou municipal government to build a “world-class” industrial estate for modern equipment manufacturing.
Study conducted by watchdog finds gap between retail and import prices of fuel has doubled over past seven years.
Analysts now see a US$1.5 trillion valuation for Aramco as more realistic, down from US$2 trillion as desired by Saudi Crown Prince Mohammed bin Salman.
Court documents show US$150 million worth of gas oil was stolen from the company’s Pulau Bukom site
Nigerian farmers began a landmark compensation case against Shell in a Dutch court on Thursday, asking judges to order a clean-up of environmental damage.