Shell

Seven environment activist groups including Milieudefensie, Greenpeace, Friends of the Earth (Netherlands) and 17,000 Dutch citizens have won a landmark case against Royal Dutch Shell to cut its carbon emissions by 45% by the end of this decade. This target is far steeper than Shell’s current aim to reduce the carbon footprint of its products by 20% over the next ten years.
  • May 27, 2021
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Shell has recently agreed to sell its stake of 45% in an offshore gas field in the Philippines to Udenna, a local conglomerate that deals in petroleum and shipping. The deal was finalized for $460 million and in addition to stock ownership, including a deepwater license (Service Contract 38) that Shell acquired for exploration and development of natural gas resources.
  • May 22, 2021
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