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Europe’s biggest oil company quietly shelves a radical plan to shrink its carbon footprint

Por: Portland Press Herald World August 31, 2023

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Fire burns from a flare stack at the PCK Schwedt oil refinery, formerly owned by Rosneft PJSC and now controlled by the German government, beyond a Shell gas station in Schwedt, Germany, on Monday, March 20. Krisztian Bocsi/Bloomberg file Six months after becoming the chief executive at Shell, Wael Sawan quietly ended the world’s biggest corporate plan to develop carbon offsets, the environmental projects designed to counteract the warming... + full article



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