Oil giant Shell vows to become carbon neutral by 2050

MG News | April 16, 2020 at 11:45 AM GMT+05:00

0:00

April 16, 2020: Anglo-Dutch oil giant Royal Dutch Shell on Thursday pledged to become carbon neutral by 2050, matching a commitment by rival BP.

"Society's expectations have shifted quickly in the debate around climate change. Shell now needs to go further with our own ambitions, which is why we aim to be a net-zero emissions energy business by 2050 or sooner. Society, and our customers, expect nothing less," Chief Executive Ben van Beurden said in a statement.

APP

Related News

Oil prices slip as fed rate cut sparks economic concerns

Asia markets diverge with Nikkei at record, fed signals more cuts

Fed delivers 25 basis-point rate cut

Name	Price/Vol	%Chg/NChg
KSE100	157,953.47 555.47M	1.14% 1775.65
ALLSHR	96,741.22 1,957.60M	1.16% 1110.83
KSE30	48,198.94 249.79M	1.09% 520.47
KMI30	232,694.17 290.89M	1.31% 3011.94
KMIALLSHR	65,027.13 1,019.78M	1.03% 660.37
BKTi	42,489.56 84.10M	1.35% 566.75
OGTi	31,779.36 15.21M	0.14% 43.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,420.00	117,795.00 116,905.00	-350.00 -0.30%
BRENT CRUDE	67.39	67.57 67.34	-0.05 -0.07%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	94.00	94.50 94.00	0.45 0.48%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.15	63.35 63.14	-0.11 -0.17%
SUGAR #11 WORLD	16.13	16.27 15.89	-0.14 -0.86%