|Bid||1,425.00 x 0|
|Ask||1,460.00 x 0|
|Day's range||1,436.40 - 1,475.20|
|52-week range||845.10 - 1,523.00|
|Beta (5Y monthly)||1.08|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.54 (3.67%)|
|Ex-dividend date||12 Aug 2021|
|1y target est||N/A|
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.
Shell's (RDS.A) 820,000-tonne-per-year biofuels facility in Rotterdam is anticipated to start producing in 2024.
Shell (RDS.A) emerges as the biggest liquefied natural gas (LNG) producer post the BG purchase and as a major supplier of LNG, it will likely meet the fuel's high demand and better its cash flow.