Royal Dutch Shell said Thursday it is starting a new era of dividend growth, as it announced a portfolio reshape to meet cleaner energy needs, Kallanish Energy reports. The supermajor decided to raise its dividend by 4% to 16.65 cents in the third quarter and annually thereafter. In April, it had slashed the payout by
Read More...China’s Sinopec is said to be ready to push development and investments towards the hydrogen supply chain, seeking leadership in future energy sources, Kallanish Energy reports. The giant oil refiner reportedly said on Thursday, during its earnings call, that it would “reallocate some of our resources all along the hydrogen chain.” The strategy is “a
Read More...Polish oil and gas company PGNiG has expanded its hydrogen development project through a new partnership with Toyota Motor Poland, Kallanish Energy reports. The two companies will cooperate on the advancement of hydrogen technologies in Poland, including the construction of a new pilot hydrogen refuelling station. PGNiG’s hydrogen research programme, which was launched in May
Read More...EU’s commissioner for energy, Kadri Simson, told the bloc’s energy ministers on Monday that there is a strong link between technology, recovery, and climate-neutral ambition. Simson discussed Europe’s €750 ($846.3) billion coronavirus recovery fund and the role of clean energy technologies for the future low carbon economy. She described it as a “sizeable, balanced plan,
Read More...Germany announced it will invest €9 billion ($10.2 billion) to boost its hydrogen strategy, aimed at becoming a global supplier of “state-of-the-art” hydrogen technology, Kallanish Energy reports. The coalition government agreed late on Wednesday a €130 billion ($147.3 billion) coronavirus recovery stimulus package. The program is geared to climate change mitigation and promoting the technologies
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) … American ingenuity and new technology now promises to produce both water and electricity from natural gas with zero CO2 emissions. What will fractivists do? Good old American ingenuity has done it again. A company in Oklahoma called Newpoint Gas has, using existing technology, developed a process to produce
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