Page 38 - Powering Progress News Today

Advertisement Shell has said that it will appeal a ruling issued by the District Court in The Hague in May 2021 that Shell must reduce its global net carbon emissions by 45% by 2030 compared to 2019 levels. Shell said that the court did not consider the details of its Powering Progress strategy, which was published in April 2021, because the hearings that led to the ruling took place several months earlier. “We agree urgent action is needed and we will accelerate our transition to net zero,...

Engine No. 1s "Reenergize Exxon" campaign received strong shareholder support. It successfully placed three new directors on the companys board. ExxonMobil now has the opportunity to develop a bold new strategy that will support shareholder returns and the transition to a low carbon economy.

Royal Dutch Shell (A Shares) (RDS.A) Q1 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. Royal Dutch Shell (A Shares) (NYSE: RDS.A) Q1 2021 Earnings Call Welcome, everyone, to our first-quarter 2021 presentation. In 2020, we adapted to extraordinary circumstances. We took the decisive measures that were needed to create value today and set us up to create value tomorrow. And in February, at our Strategy Day, we...

30 Apr 2021 (Last Updated April 30th, 2021 09:53) Royal Dutch Shell has recorded adjusted earnings of $3.2bn for the first quarter of 2021, an increase of nearly 10% compared with $2.9bn over the same period a year ago. Share Article Shell reduced its debt by $4.1bn in the first quarter. Credit: P.L. van Till on Wikipedia. Royal Dutch Shell has recorded adjusted earnings of $3.2bn for the first quarter of 2021, an increase of nearly 10% compared w...

Shell Malaysia Continues Commitment To Reduce Carbon Emissions From Retail Operations Shell Malaysia Continues Commitment To Reduce Carbon Emissions From Retail Operations May 3, 2021 L-R: Ahmad Nizam Amirudin, Business Development Manager, Cleantech Solar (Malaysia) Sdn Bhd; Ar. Serina Hijjas, Chairman, Green Building Index (GBI) Accreditation Panel; Shairan Huzani Husain, Managing Director, Shell Malaysia Trading Sdn Bhd & Shell Timur Sdn Bhd; Ariff Shahbudin Abu Salim, Shell Malaysia Network...

29 April 2021 | 07:28am StockMarketWire.com - Royal Dutch Shell has confirmed a 4% increase on its dividend per share payment to 17.35 cents for the first quarter of 2021, having made a strong start to the year. The oil giant said earnings rose to $3.2 billion, up from $393 million in the final quarter of 2020. It has also generated more than $8 billion of cash in the first three months of the year, while reducing net debt by over $4billion to $71.3 billion during the same time period. It is ...

Shell returns to profit and slashes debt in ‘strong start’ for Q1 Shell hailed a “strong start” to 2021 as recovering demand saw the oil giant cut debt and return to pre-tax profit in Q1. Updated: 29/04/2021, 8:15 am Shell CEO Ben van Beurden Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later. Sign Up Shell hailed a...

Shares in the firm rose 1.3 per cent on the back of the announcement. The much improved performance came as the firm tries to put the horrors of 2020, which saw oil prices crash to historic lows, to one side. Oil prices are now hovering around $67, close to pre-pandemic levels, helping Shell follow BP to a much better quarter. That was despite the historic winter storm that blanketed Texas in February, which the firm had warned would cost it $200m. Shell said the financial impact of the storm h...

Shell International B.V.: ROYAL DUTCH SHELL PLC PUBLISHES FIRST QUARTER 2021 PRESS RELEASE The Hague, April 29, 2021 "Shell has made a strong start to 2021, generating over $8 billion of cash in the quarter. Our integrated business model is ideally positioned to benefit from recovering demand. As previously announced, the first quarter 2021 dividend per share has been increased by around 4%, in line with our progressive dividend policy. We have reduced net debt by more than $4 billion this quar...

ALTERNATIVE PERFORMANCE (NON-GAAP) MEASURES This announcement includes certain measures that are not defined by generally accepted accounting principles (GAAP) such as IFRS, including Adjusted Earnings, Adjusted EBITDA, CFFO excluding working capital movements, Cash capital expenditure, free cash flow, Divestment proceeds and Net debt. This information, along with comparable GAAP measures, is useful to investors because it provides a basis for measuring Royal Dutch Shell plc’s operating perfo...