Shell Buys Nature Energy in $2 Billion Push Into Biogas
Shell Plc will buy Nature Energy Biogas A/S from hedge fund Davidson Kempner Capital Management for nearly $2 billion as the oil major expands its transition from fossil fuels.
Bloomberg News: William Mathis:
Publishing date: Nov 28, 2022
(Bloomberg) — Shell Plc will buy Nature Energy Biogas A/S from hedge fund Davidson Kempner Capital Management for nearly $2 billion as the oil major expands its transition from fossil fuels.
Biogas is chemically the same as conventional natural gas, but is made from decomposing organic material like agricultural waste. It’s a platform primed for growth, with the US, through the Inflation Reduction Act, and the European Union both identifying the renewable fuel as a way to boost energy supplies and cut emissions in the coming years.
Shell Energy Broadband Reviews recently posted on 
The Telegraph
Shell Energy Broadband Reviews recently posted on 
Shell Energy Broadband Reviews recently posted on 
Shell Energy Broadband Reviews recently posted on 
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After years of construction, Shell ethane cracker starts up
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