Royal dutch shell news

Here are some recent news articles and updates about Royal Dutch Shell:

Recent News

  1. Shell to invest $1 billion in renewable energy in 2023: Royal Dutch Shell has announced plans to invest $1 billion in renewable energy projects in 2023, as part of its efforts to reduce carbon emissions and transition to a low-carbon future. (Source: Reuters)
  2. Shell to buy out minority stake in Canadian oil sands project: Shell has agreed to buy out the minority stake held by Canadian Natural Resources Limited in the Athabasca oil sands project in Alberta, Canada. (Source: Bloomberg)
  3. Shell to cut 9,000 jobs globally: Royal Dutch Shell has announced plans to cut 9,000 jobs globally as part of its efforts to reduce costs and adapt to the changing energy landscape. (Source: Financial Times)
  4. Shell to invest in hydrogen production in Germany: Shell has announced plans to invest in the production of hydrogen in Germany, as part of its efforts to reduce carbon emissions and support the transition to a low-carbon economy. (Source: Shell News)

Recent Financial Results

  1. Shell reports 2022 profit of $14.8 billion: Royal Dutch Shell reported a profit of $14.8 billion for 2022, down from $21.4 billion in 2021. (Source: Shell News)
  2. Shell's 2022 dividend payout to increase by 4%: Shell's board of directors has announced a 4% increase in the company's dividend payout for 2022, to 51 cents per share. (Source: Shell News)

Sustainability and ESG

  1. Shell sets new targets for reducing carbon emissions: Royal Dutch Shell has set new targets for reducing its carbon emissions, including a goal to reduce its net carbon footprint by 20% by 2035. (Source: Shell News)
  2. Shell to invest in carbon capture and storage: Shell has announced plans to invest in carbon capture and storage (CCS) technology, as part of its efforts to reduce carbon emissions and support the transition to a low-carbon economy. (Source: Shell News)

Other News

  1. Shell to sell stake in Nigerian oil block: Royal Dutch Shell has agreed to sell its 30% stake in the Oil Mining Lease (OML) 17 oil block in Nigeria to the Nigerian National Petroleum Corporation (NNPC). (Source: Bloomberg)
  2. Shell to invest in electric vehicle charging infrastructure: Shell has announced plans to invest in electric vehicle charging infrastructure, as part of its efforts to support the transition to a low-carbon economy. (Source: Shell News)