- Feb 11, 2021 1:27 pm GMT
Shell and the route to net zero.
Shell wants to expand its renewables, biofuels, and hydrogen businesses as it comes under increasing pressure from investors and creditors.
In particular, it is shifting its long-term focus from oil and gas to selling renewable energy, partly by taking stakes in renewable energy projects.
Shell will use its existing refineries to start to produce biofuels, but it will also use them to produce hydrogen.
Mr van Beurden said that the "growth potential is huge" in hydrogen, and Shell is aiming for a double-digit share of global hydrogen sales. Join me at the Oil and Gas to Hydrogen http://bit.ly/2Vbgpoi Professionals Group
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