Shell
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Platform that once tested the limits of deep water will play new role closer to Louisiana coast.
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Royal Dutch Shell has spent more than $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points, cranking up its drive to expand beyond its oil and gas business and reduce its carbon footprint.
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The long-term decommissioning of the historic Brent field has necessitated redevelopment of the younger Penguins field in the North Sea, where the UK hopes to see more revival projects in the coming years.
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Bowing to pressure from shareholders and the Paris international climate accord, Royal Dutch Shell pledged on 28 November to increase its investment in renewable fuels and to cut its carbon emissions in half by 2050.
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Shell reported it has not observed any signs of oil on the water associated with a fire on the Enchilada platform, located in the US Gulf of Mexico.
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The world still needs oil and gas, but it is also making room for renewable energy which will change how upstream companies do business.
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Shell invested in a Singapore solar company and signed an agreement to purchase a Texas company with solar and other renewable assets. Along with its minority stake in a company that uses solar to generate steam for EOR in the Middle East, Shell catches some rays in the Asia Pacific, US, and Oman.
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The Prelude FLNG begins the 3,600-mile journey from South Korea to northwest Australia; expected to remain at final destination for 20–25 years.
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Royal Dutch Shell welcomes the final recommendations set out in a report published on 29 June by the Task Force on Climate-Related Financial Disclosures.
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Businesses increasingly conduct operations in remote areas where medical evacuation (medevac) carries more risk. Royal Dutch Shell developed a remote healthcare strategy whereby enhanced remote healthcare is made available to the patient through use of telemedicine and telemetry.