Royal Dutch Shell plans to start producing low-carbon jet fuel at scale by 2025, in an attempt to encourage the world's airlines to reduce greenhouse gas emissions. Aviation, accounting for 3% of the world's carbon emissions, is considered one of the toughest sectors to tackle due to a lack of alternative technologies to jet fueled-engines. Shell, one of the world's largest oil traders, said it aims to produce 2 million tonnes of sustainable aviation fuel (SAF) by 2025, a ten-fold increase from today's total global output.
Transaction in Own Shares 17 September 2021 • • • • • • • • • • • • • • • • Royal Dutch Shell plc (the ‘Company’) announces that on 17 September 2021 it purchased the following number of 'B' Shares for cancellation. Aggregated information on “B” shares purchased according to trading venues: Date of purchaseNumber of “B” shares purchasedHighest price paid (GBP)Lowest price paid (GBP)Volume weighted average price paid per share (GBP)Venue 17/09/20211,050,00014.75214.38414.557LSE 17/09/202190,00014
Shell's (RDS.A) 820,000-tonne-per-year biofuels facility in Rotterdam is anticipated to start producing in 2024.