EnergyWatch

Shell's shipping chief sees hydrogen as the best contender for fuel of the future

Hydrogen looks like the best contender for ship fuel of the future, says Shell. The oil major's global head of shipping notes that other parts of the transport sector are also looking to hydrogen, which reduces costs related to infrastructure.

Photo: PR / Shell

Oil major Shell believes that hydrogen will be an important fuel on the path toward a greener shipping industry.

This summer, Shell announced that the company is aiming to become climate neutral by 2050. Part of this ambition is the development of a more climate friendly fuel that can be used by Shell's large fleet of tanker ships.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

The 'new' Seadrill estimated to be worth USD 1.2bn

SEB evaluates that the recently restructured Seadrill will have a fair equity value of about USD 1.2bn. Since the news of the restructuring broke over the weekend, the Seadrill stock price has only plummeted.

Higher revenue didn't save Subsea 7 from bottom-line loss

Subsea 7 increased its revenue with 59 percent compared to 2020, however, it was not enough to keep the balance sheet in the black on the bottom line. The offshore company states that delays and Covid-19 impacted business in the second quarter.

Equinor continues advance in Q2

After a year of seeing deficits in several quarters, Equinor now maintains the fine form the company came into during the first quarter 2021.

Further reading

Related articles

Trial banner

Latest News

See all jobs