January Shell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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ROYAL Dutch Shell has announced plans to increase payouts to shareholders as it feel the benefit of the increase in oil prices fuelled by the rollout of coronavirus vaccines. The Anglo-Dutch giant said it planned to increase total shareholder distributions to within the range of 20 to 30 per cent of the cash flow it generates from operations. Shell said the increase is expected to start from the company’s second quarter results announcement, which is scheduled for July 29. The decision to increase payouts underlines Shell’s confidence in the outlook for the market, amid growing ho...

Shell plans to invest heavily in reducing the carbon content of the fuels and lubricants it produces. It also intends to ramp up its presence in the market to supply low carbon power generated from windfarms and the like to customers. The company thinks it is being particularly ambitious because its target includes Scope 3 emissions. It notes these include emissions from the oil and gas that others produce and Shell then sells as products to customers. Shell chief executive Ben van Beurden said meeting the net zero target will involve Shell working hard with companies in the supply ch...

ROYAL Dutch Shell chief executive Ben van Beurden has hammered home his view that the oil and gas giant has lots of ‘running room’ in the North…