Shell puts building of biofuel plant in Rotterdam on hold

Oil giant Shell has temporarily halted the construction of a biofuel factory in Pernis, near Rotterdam (Netherlands) – one of Europe’s largest biofuel plants. The pause should give the company space to assess the best commercial path forward for the project. It is the latest low-carbon energy project to be shelved by an energy giant as firms increasingly pivot back toward their most lucrative operations – oil and gas – to boost profits. Continue reading at newmobility.news.

Shell to take hit of up to $2bn on Rotterdam and Singapore sites

theguardian.com - 09:25

Oil firm’s warning comes after it had to halt work on Europe’s largest biofuel project and sell refinery in Asia

Shell to temporarily pause on-site construction of European biofuels facility

worldstagenews.com - 02/Jul 11:44

Shell Nederland Raffinaderij B.V., a subsidiary of Shell plc, is to temporarily pause on-site construction work at its 820,000 tonnes a year biofuels...

Shell temporarily pause on-site construction of European biofuels facility

cyprusshippingnews.com - 04/Jul 06:26

Shell Nederland Raffinaderij B.V., a subsidiary of Shell , is to temporarily pause on-site construction work at its 820,000 tonnes a year biofuels...

Shell Pauses Rotterdam Biofuel Plant: Sign of Shifting Renewable Priorities?

thedeepdive.ca - 03/Jul 15:53

Shell (LON: SHEL) has announced a temporary pause in the construction of one of Europe’s largest biofuel facilities in Rotterdam, The post Shell...

U.S. drillers cut oil and gas rigs to 581

poandpo.com - 28/Jun 15:23

U.S. energy firms this week cut the number of oil and natural gas rigs, Baker Hughes said. The oil and gas rig count fell by seven to 581 in...

Negative bidding continues to burden offshore wind development

evwind.es - 26/Jun 17:31

Germany and the Netherlands have recently issued the results of their latest offshore wind auction. They awarded a total capacity of 6.5 GW. That’s...

Serbian lithium mining project provokes heavy protests

newmobility.news - 01/Jul 10:25

Last week, heavy protests arose again against a large lithium project in western Serbia. Rio Tinto, the Australian mining giant, wants to exploit the...

US drillers cut oil and gas rigs for 4th week to lowest since Dec 2021 according to Baker Hughes

cyprusshippingnews.com - 02/Jul 06:26

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fourth week in a row to the lowest since December 2021,energy...