Feb 11, 2021 2:45:pm
Summary
by: Joe Murphy & William Powell
(Adds comment from UK upstream industry group)
Shell plans to rebalance its investments to focus more on achieving net-zero emissions by 2050, and has also announced intermediary targets for reaching the goal.
Under its Powering Progress strategy, published on February 11, the Anglo-Dutch major will organise its investments into three pillars of Growth, Transition and Upstream. It will invest $5.
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