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Shell Delivered Record Amount of Marine LNG to Ships in 2024
Shell Plc said it delivered record volumes of liquefied natural gas to power ships last year, boosting the use of a fuel that’s become crucial to the energy transition. The company’s deliveries reached 1.1 million tons, according to the supermajor, which is one of the largest LNG shipping operators. The shipping industry spews hundreds of millions of tons of greenhouse gases into the atmosphere each year and is under mounting pressure to decarbonize. LNG, emitting less carbon than oil-derived ship propellant, has been touted as a key bridge fuel during the switch to cleaner energy. Yet it still releases ... (full story)
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- Posted: Mar 14, 3:16am (30 hr ago)
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 71
