SHEL Shell Plc

2,858.50

-14.50 (-0.50%)

03 May 2024 - Closed

Delayed by 15 minutes

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
	-14.50	-0.50%	2,858.50	2,855.50	2,856.50	2,881.50	2,846.00	2,872.00	5,507,824	16:35:05

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Crude Petroleum & Natural Gs	316.62B	19.36B	2.9802	9.58	185.55B

Storegga, Shell, Harbour Energy Sign Deal to Develop Acorn CCS, Hydrogen Project

16/04/2021 8:12am

Dow Jones News

Shell (LSE:SHEL)
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From May 2019 to May 2024

By Jaime Llinares Taboada

Storegga Geotechnologies, Royal Dutch Shell PLC and Harbour Energy PLC said Friday they have signed an agreement for the development of the Acorn CCS and hydrogen project in Scotland.

The companies said they have become equal partners and will develop the carbon-capture and hydrogen project through to final investment decision, construction, operation and beyond.

Acorn is expected to be storing at least 5 million metric tons a year of carbon dioxide by 2030, half the emissions set out in the U.K. Government's targets for 2030.

In addition, Acorn could be reforming North Sea natural gas into hydrogen by the middle of the decade, with associated emissions being captured and stored under the sea.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

April 16, 2021 02:57 ET (06:57 GMT)