Shell Abandons Huge Biofuel Project in Netherlands

Shell Stops Work On Rotterdam Biofuels Facility - CleanTechnica

Shell has decided to abandon a biofuel refinery in Rotterdam, claiming market conditions make it a bad business bet. The post Shell Stops Work On Rotterdam Biofuels Facility appeared first on CleanTechnica.

Shell says it will not restart construction of Netherlands biofuels plant

British oil giant Shell announced Wednesday it has abandoned construction of one of Europe's largest biofuel plants in the Netherlands, as it focuses on its fossil fuels business.

Shell Abandons Rotterdam Biofuels Project

Shell has abandoned plans to proceed with the construction of a biofuels facility at its Shell Energy and Chemicals Park in Rotterdam, amid challenging market conditions that makes the project uncompetitive.  Shell’s subsidiary Shell Nederland Raffinaderij B.V. has decided not to restart construction of the plant, the UK-based supermajor said on Wednesday, in the latest setback in the alternative fuels industry globally.   Last year, Shell said …

Oil giant Shell abandons huge biofuel project in the Netherlands

Shell and rival UK energy giant BP have been walking back various climate objectives and focusing more on oil and gas to raise their profits

Shell Shelves Dutch Biofuels Plant in Shift Toward Higher Profit

Shell Plc has shelved its biofuels plant in the Netherlands as it continues to shed low-carbon businesses to boost profitability.