Shell sheds light on New Energies strategy amid energy transition

April 12 (Renewables Now) - Oil and gas giant Royal Dutch Shell Plc (AMS:RDSA) on Thursday published a report that outlines the different paths the world could take to achieve carbon neutrality and Shell’s planned contribution towards that goal, including future actions by its New Energies division.

As part of an ongoing reshaping of its portfolio, Shell plans to expand in the power market as it projects that the energy system will increasingly electrify in the coming decades. The group noted that it will continue to sell oil and gas, but will also move into lower-carbon energy.

Read more...