Shell | Jotup

Shell sells interest in SouthCoast Wind to existing joint venture partner, Ocean Winds

Retrieved on:

Wednesday, March 20, 2024

Wind, ENGIE, Farm, Natural gas, Shell, EDP, EDP Renováveis, Partnership, Gasoline, Senior, Progress, Shell plc, Hydrogen, Lubricant, Subsidiary, Renewable energy

HOUSTON, March 20, 2024 /PRNewswire/ -- Shell New Energies US LLC (Shell), a subsidiary of Shell plc, has sold its 50% equity share in SouthCoast Wind Energy LLC (SouthCoast Wind) to joint venture partner Ocean Winds North America LLC (Ocean Winds).

Key Points:

HOUSTON, March 20, 2024 /PRNewswire/ -- Shell New Energies US LLC (Shell), a subsidiary of Shell plc, has sold its 50% equity share in SouthCoast Wind Energy LLC (SouthCoast Wind) to joint venture partner Ocean Winds North America LLC (Ocean Winds).
SouthCoast Wind is a 50-50 joint venture between Shell and Ocean Winds, established to develop offshore wind projects off the coast of Massachusetts.
Ocean Winds is a 50-50 offshore wind joint venture owned by EDP Renewables and ENGIE.
In the U.S., Shell is a 50-50 partner in an additional offshore wind joint venture, Atlantic Shores Offshore Wind LLC (Atlantic Shores), with EDF-RE Offshore Development, LLC.

Grease Market Projected to Reach $8.77 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on:

Monday, March 18, 2024

Several key factors, including the surge in industrial automation, infrastructural developments, and advancements in vehicular technology, significantly drive the demand for grease.

Key Points:

Several key factors, including the surge in industrial automation, infrastructural developments, and advancements in vehicular technology, significantly drive the demand for grease.
The market spans numerous applications, from heavy machinery to personal vehicles, each requiring specific lubrication solutions that are efficient, durable, and eco-friendly.
This evolving landscape emphasizes the vital role of the grease market in global industries, poised for progress through innovation and sustainability.
"Dive into the Grease Market Landscape: Explore 198 Pages of Insights, 396 Tables, and 24 Figures"

Grease Market Projected to Reach $8.77 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on:

Monday, March 18, 2024

Several key factors, including the surge in industrial automation, infrastructural developments, and advancements in vehicular technology, significantly drive the demand for grease.

Key Points:

Several key factors, including the surge in industrial automation, infrastructural developments, and advancements in vehicular technology, significantly drive the demand for grease.
The market spans numerous applications, from heavy machinery to personal vehicles, each requiring specific lubrication solutions that are efficient, durable, and eco-friendly.
This evolving landscape emphasizes the vital role of the grease market in global industries, poised for progress through innovation and sustainability.
"Dive into the Grease Market Landscape: Explore 198 Pages of Insights, 396 Tables, and 24 Figures"

Hydrotreated Vegetable Oil Market Gains Momentum - HVO Market to Reach $46.5 Billion in 2028 at a CAGR of 16%

Retrieved on:

Wednesday, March 13, 2024

Shell, Environment, Agriculture, GHG, HVO, Aviation, Deutsche Bahn, Transport, Biofuel, ASTM, Investment, Government, Legislation, Biomass, Renewable energy

The HVO market is projected to grow from $19.4 billion in 2022 to $46.5 billion in 2028 at a compound annual growth rate (CAGR) of 16% during the forecast period.

Key Points:

The HVO market is projected to grow from $19.4 billion in 2022 to $46.5 billion in 2028 at a compound annual growth rate (CAGR) of 16% during the forecast period.
Hydrotreated vegetable oil (HVO) can assist enterprises in adhering to sustainable rules and bolster their reputations for sustainability.
The major HVO producers constantly struggle to become more sustainable to maintain dominance in the growing market for sustainable fuels.
By source, the market is classified into vegetable oil, crude palm oil, used cooking oil, animal fat, and others (including biomass).

Red Canary Detects Spike in Cloud Account Compromises and Email Forwarding Rule Abuse

Retrieved on:

Wednesday, March 13, 2024

Cloud, Microsoft, Organization, PowerShell, HTML, MFA, Software as a service, Shell, Apple, RMM, Distribution, Poisoning, Prevalence, Environment, Risk, ATT, MacOS, Research, Red, MITRE, Container, Insurance, Human, Telemetry, Investment, Adversary, API, Media, AppleScript, Risk management

DENVER, March 13, 2024 /PRNewswire/ -- Red Canary today unveiled its sixth annual Threat Detection Report, examining the trends, threats, and adversary techniques that organizations ought to prioritize in the coming months and years. The report tracks MITRE ATT&CK® techniques that adversaries abuse most frequently throughout the year, and two new and notable entries soared to the top 10 in 2023: Email Forwarding Rule and Cloud Accounts.

Key Points:

The report tracks MITRE ATT&CK® techniques that adversaries abuse most frequently throughout the year, and two new and notable entries soared to the top 10 in 2023: Email Forwarding Rule and Cloud Accounts.
Uptick in macOS threats–in 2023 Red Canary detected more stealer activity in macOS environments than ever before, along with instances of reflective code loading and AppleScript abuse .
The rise of cloud account compromises from 46 to number 4 is unprecedented in our dataset–and it's a similar story with email forwarding rules," said Keith McCammon, Chief Security Officer, Red Canary.
Education: Email forwarding and hiding rules were more common, likely due to a heavy reliance on email.

Pension Risk Transfer Market Continues to Heat Up, According to Agilis

Retrieved on:

Tuesday, March 12, 2024

Transfer, Organization, Congress, Shell, Risk management, Growth, PRT, Agilis, Environment, Prudential, Risk, RGA, History, News, Record, Overalls, Investment, Economics, Insurance

On the heels of the latest news that Verizon Communications Inc. has completed a $5.9 billion pension risk transfer, Agilis is preparing for a very busy PRT marketplace into 2024.

Key Points:

On the heels of the latest news that Verizon Communications Inc. has completed a $5.9 billion pension risk transfer, Agilis is preparing for a very busy PRT marketplace into 2024.
"More and more companies that are analyzing the overall risk profile of maintaining pension plan benefits are realizing that the economics work in their favor to offload these to insurers," says Michael Clark, Managing Director at Agilis.
Agilis partners with organizations to design and implement custom solutions for their investments and liabilities while properly managing risk.
For more information about Agilis and Pension Risk Transfer, please visit https://agilis.llc/services/retirement-benefits/pension-risk-transfer/ .

ADS-TEC Energy continues to advance in the Netherlands: joint venture as part of NXT Mobility / GP Groot wins tender for the northwest of the country

Retrieved on:

Wednesday, March 13, 2024

NXT, Shell, Telephone numbers in Hungary, TotalEnergies, Electricity, Rail transport

This is the first time that municipalities in the Netherlands have come together to launch a joint tender for rapid charging stations.

Key Points:

This is the first time that municipalities in the Netherlands have come together to launch a joint tender for rapid charging stations.
More than three-quarters of the 74 communities in the northwest region are involved in this new milestone in the implementation of a nationwide rapid charging network for electric vehicles.
NXT 50five’s success demonstrates the benefits of battery-buffered rapid charging solutions from ADS-TEC Energy, as unlike conventional rapid charging stations, they are suitable for many more locations and can be connected anywhere with minimal effort.
The ultra-fast platform solutions from ADS-TEC Energy are battery-buffered and enable rapid charging speeds even on limited grids.

Transaction in Own Shares

Retrieved on:

Monday, March 11, 2024

Withdrawal, Financial Services Act, Listing Rules, European, Shell, Market abuse

These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 February 2024.

Key Points:

These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 February 2024.
In respect of this programme, Citigroup Global Markets Limited will make trading decisions in relation to the securities independently of the Company for a period from 1 February 2024 up to and including 26 April 2024.
The on-market limb will be effected within certain pre-set parameters and in accordance with the Company’s general authority to repurchase shares on-market.
The off-market limb will be effected in accordance with the Company’s general authority to repurchase shares off-market pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein.

Shell Plc Fourth Quarter 2023 Euro and Gbp Equivalent Dividend Payments

Retrieved on:

Monday, March 11, 2024

Name, CREST, Member, Shell, Shell plc, Person, Security (finance)

The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2023 interim dividend, which was announced on February 1, 2024 at US$0.344 per ordinary share.

Key Points:

The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2023 interim dividend, which was announced on February 1, 2024 at US$0.344 per ordinary share.
The companies in which Shell plc directly and indirectly owns investments are separate legal entities.
In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general.
‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Shell plc either directly or indirectly has control.

Driving Sustainable Transportation: ACT Expo Unveils Impressive Speaker Lineup for 13th Annual Event

Retrieved on:

Friday, March 8, 2024

SANTA MONICA, Calif., March 08, 2024 (GLOBE NEWSWIRE) -- Organizers of the Advanced Clean Transportation (ACT) Expo , the largest clean advanced commercial vehicle technology event, announced its roster of confirmed speakers for the 13th annual fleet-focused event.

Key Points:

SANTA MONICA, Calif., March 08, 2024 (GLOBE NEWSWIRE) -- Organizers of the Advanced Clean Transportation (ACT) Expo , the largest clean advanced commercial vehicle technology event, announced its roster of confirmed speakers for the 13th annual fleet-focused event.
The massive expo hall – twice the size of last year – will highlight more than 350 exhibitors and sponsors displaying more than 200 advanced commercial vehicles.
The expo hall will highlight more than 350 exhibitors and sponsors displaying new, advanced commercial vehicle technologies.
The 2023 event drew more than 12,000 attendees, with participation this year forecasted to significantly increase based on early registration numbers.