Shell

(IN BRIEF) The European Investment Bank has granted a €260 million loan to Stockholm Exergi to construct Sweden’s first large-scale BECCS facility at Värtaverket, expected to be operational by 2028. The project, Beccs Stockholm, will capture up to 800,000 tonnes … Read the full press release →

(IN BRIEF) Shell has launched its new Shell MIDEL brand, integrating its range of ester-based transformer insulating liquids into a comprehensive portfolio alongside Shell Diala GTL. This expanded offering is designed to improve energy efficiency, reliability, and environmental protection across … Read the full press release →

(IN BRIEF) Shell Eastern Trading Pte. Ltd. has completed its acquisition of Pavilion Energy Pte. Ltd., a Singapore-headquartered company with a global LNG trading portfolio of approximately 6.5 mtpa. The deal, which includes LNG supply contracts, regasification capacity, and bunkering … Read the full press release →

(IN BRIEF) Shell Singapore Pte Ltd has finalized the sale of its Energy and Chemicals Park to CAPGC Pte. Ltd., through the sale of shares in Aster Chemicals and Energy Pte. Ltd. This move supports Shell’s strategy to refine its … Read the full press release →

(IN BRIEF) TotalEnergies, Equinor, and Shell have confirmed phase two of the Northern Lights project, which will increase its CO₂ transport and storage capacity from 1.5 million to over 5 million tons per year by 2028. The project, which is … Read the full press release →

(IN BRIEF) Holcim has taken a significant step towards the planned spin-off of its North American business, Amrize, by appointing its future executive leadership team. This newly designated team includes seasoned leaders from Holcim alongside industry experts from top U.S. … Read the full press release →

(IN BRIEF) DNV has issued an approval in principle for a newly developed LCO₂ carrier design, a project undertaken by Shell and Brevik Engineering. The vessel design has been rigorously evaluated and is recognized for meeting the stringent safety, technical, … Read the full press release →

(IN BRIEF) Shell Offshore Inc. and Shell Pipeline Company (SPLC) have entered into an agreement to increase their stake in the Ursa platform and its associated fields in the Gulf of America. This move will raise Shell’s working interest from … Read the full press release →

(IN BRIEF) Wood Group has been awarded a $120 million contract extension by Shell UK, continuing to provide brownfield engineering, procurement, and construction services for onshore and offshore assets in the UK. The extension includes new responsibilities at the Penguins … Read the full press release →

(IN BRIEF) Huibert Vigeveno, a long-serving Shell executive, will step down from his role as Director of Downstream, Renewables, and Energy Solutions, effective 31 March 2025, after a remarkable 30-year career. CEO Wael Sawan thanked Huibert for his contributions, highlighting … Read the full press release →

(IN BRIEF) The Troll field in the North Sea reached a historic production milestone in 2024, producing 42.5 billion standard cubic meters of natural gas, a nearly 10% increase from the previous record in 2022. This growth is attributed to … Read the full press release →