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Posts on ‘July 1st, 2020’

Shell secures biogas supply as part low-carbon shift

Shell secures biogas supply as part low-carbon shift

JUNE 30, 2020 / 8:35 PM

COPENHAGEN (Reuters) – Royal Dutch Shell said on Tuesday it has agreed to buy renewable gas, known as biomethane, from Denmark’s Nature Energy, in what the smaller company termed the largest deal of its kind.

The gas will be supplied to Europe’s pipeline network from July 1. The size and financial details of the contract were not disclosed.

In April, Shell laid out the oil and gas sector’s most extensive strategy yet to reduce greenhouse gas emissions to net zero by 2050. read more

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