Shell has Eyes on More Hydrogen and CCS projects
Royal Dutch Shell (Shell) has set a goal to cut the carbon intensity of its emissions by 20 percent by 2030 and 45 percent in 2035 before reaching net-zero emissions by 2050. The company has chosen a strategy of reducing the carbon intensity of its operations. It has focused more on natural gas and Liquefied Natural Gas (LNG) as a transition fuel and reduced its refining presence down to just six refineries. This approach differs to Equinor, BP, Repsol and TotalEnergies who have chosen to invest in renewable energies such as wind and solar. July 2021 has been a busy month for Shell with several announcements regarding various hydrogen and Carbon Capture Storage
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