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SHEL Shell Plc

16.50 (0.63%)
Last Updated: 09:12:42
Delayed by 15 minutes

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Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  16.50 0.63% 2,616.00 2,616.00 2,616.50 2,617.00 2,600.50 2,606.50 577,716 09:12:42
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Crude Petroleum & Natural Gs - - 604.1 301.8 176,193.12

Shell Meets 2022 Climate Targets as Net Carbon Emissions Fell 30% From 2016

16/03/2023 10:08am

Dow Jones News

Shell (LSE:SHEL)
Historical Stock Chart

From Sep 2022 to Sep 2023

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By Michael Susin


Shell PLC said Thursday that it has met its annual climate targets in 2022 as part of its energy transition strategy.

The multinational energy group said net carbon emissions from operations had a 30% reduction by the end of 2022 compared with 2016, while net carbon intensity of the energy products sold fell by 3.8%.

After the release of its 2022 energy transition progress report, the company said it has made significant investments in liquefied natural gas, which is expected to remain an important part of the energy mix for many years.

The company said that it has also invested $1.6 billion in the Indian renewable power developer Sprng Energy, and has made a final investment decision on the Holland Hydrogen 1 project in the Netherlands, which will be Europe's largest renewable hydrogen plant.


Write to Michael Susin at michael.susin@wsj.com


(END) Dow Jones Newswires

March 16, 2023 05:53 ET (09:53 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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