Shell Plc (LON:SHEL) expects as much as $2 billion of impairments in its second-quarter earnings related to a delayed biofuels plant under construction in the Netherlands and its chemicals facility in Singapore.
Statera Energy's plans to produce green hydrogen in Kintore puts the Aberdeenshire town in the same league as Saudi Arabia's Neom and the Port of Rotterdam, it has been claimed.
Shell has awarded a service contract to Australian engineering firm Worley for work on its green hydrogen project at the Port of Rotterdam, which is set to be Europe's largest.
European energy security faces a seemingly impossible task of meeting short-term demand with longer-term decarbonisation. Society does not have the luxury of declaring this to be impossible, though, so must take steps now to meet the challenges.
Global Energy Storage (GES) plans to develop an industrial site at Rotterdam to create storage and production capacity for a range of low-carbon fuels and chemicals.
Increased funding from the EU and national governments have boosted the prospects for carbon capture technologies in Europe. Three projects in the Netherlands, Norway and UK could be operational by 2024.
Heerema Marine Contractors, owner of two of the world’s largest offshore crane vessels, has announced plans to power them with energy produced by wind turbines.