Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

ITM Power gains permission to build Beaconsfield hydrogen station

Fri, 18th Nov 2016 08:06

(ShareCast News) - ITM Power, an energy storage and clean fuel company, has been granted planning permission from South Buckinghamshire District Council to construct a hydrogen refuelling station at oil behemoth Royal Dutch Shell's filling station in Beaconsfield.This will be the first hydrogen refuelling station in the UK to be integrated into the existing fuel forecourt, with the hydrogen dispenser under the main fuel forecourt canopy.The station is also part of the Hydrogen Mobility Europe project, an initiative to introduce hydrogen fuelled transport, and the hydrogen refuelling station infrastructure grant scheme by the Office for Low Emission Vehicles.It is co-funded by Fuel Cells and Hydrogen Joint Undertaking, an EU public-private partnership and the British government.The company was previously granted planning permission at the other Shell filling station at Gatwick, which together with motorway service areas at Shell filling stations off the M25 at Cobham and the A14 in Cambridge, it has four sites and agreements with the oil giant to build at three of these locations.Commissioning for the Cobham is currently underway following delivery of the electrolyser and buffer tank to the site earlier in the week, which will open in early 2017.Jane Lindsay-Green, Shell UK retail future fuels manager, said: "It is another example of Shell's commitment to providing low carbon fuels for the future and we hope will provide further encouragement to other stakeholders to support and invest in hydrogen."Shell's experience from partnerships in Germany and the US shows vehicle manufacturers, fuel suppliers and governments need to work together for hydrogen mobility to succeed."The company also announced that it had signed a sales contract with an engineering, procurement and construction firm to supply 1.25 megawatts of a 50-bar electrolyser unit, which will be used at an ethylene production plant.Shares in ITM Power were down 1.11% to 22.25p at 0846 GMT.
More News
28 Oct 2021 07:22

UPDATE 7-Shell says break-up of group would not work in real life

* Activist shareholder Loeb called for break-up of Shell* Q3 adj. earnings of $4.1 bln below analysts' forecast* New climate target is absolute, not intensity-based (Adds comments from top shareholder, updates price, adds graphic)By Shadia Nasralla...

Read more
28 Oct 2021 07:22

UPDATE 5-Shell says break-up of group would not work in real life

* Activist shareholder Loeb called for break-up of Shell* Q3 adj. earnings of $4.1 bln below analysts' forecast* $7 bln Permian shareholder payouts to start next year* New climate target is absolute, not intensity-based (Adds analyst, investor view ...

Read more
28 Oct 2021 07:22

UPDATE 4-Shell says break-up of group would not work in real life

* Activist shareholder Loeb called for break-up of Shell* Q3 adj. earnings of $4.1 bln below analysts' forecast* $7 bln Permian shareholder payouts to start next year* New climate target is absolute, not intensity-based (Releads with Shell comments ...

Read more
28 Oct 2021 07:22

UPDATE 3-Shell toughens climate targets as Q3 profit misses forecasts

* Q3 adj. earnings of $4.1 bln below analysts' forecast* $7 bln Permian shareholder payouts to start next year* New climate target is absolute, not intensity-based (Adds detail on cashflow and debt in quarter)By Shadia NasrallaLONDON, Oct 28 (Reuter...

Read more
28 Oct 2021 07:22

UPDATE 2-Shell sets tougher climate targets, Q3 profit below expectations

* Q3 adj. earnings of $4.1 bln below analysts' forecast* $7 bln Permian shareholder payouts to start next year* New climate target is absolute, not intensity-based (Adds graphic, detail on earnings, production volumes, outlook)By Shadia NasrallaLOND...

Read more
28 Oct 2021 07:22

UPDATE 1-Shell's third-quarter profit falls, hones climate targets

(Adds detail)LONDON, Oct 28 (Reuters) - Royal Dutch Shell set a new target for its direct operational greenhouse gas emissions on Thursday, reporting third-quarter profit down 25% to $4.13 billion from the previous quarter, below expectations.Shel...

Read more
28 Oct 2021 07:05

Shell's third-quarter profit falls to $4.1 bln, below expectations

LONDON, Oct 28 (Reuters) - Royal Dutch Shell's third-quarter adjusted earnings fell 25% to $4.13 billion from the previous quarter, it said on Thursday, below an average analyst forecast provided by the company for a $5.31 billion profit.That com...

Read more
28 Oct 2021 07:03

Shell Q2 profits hit by Hurricane Ida, sets new climate target

(Sharecast News) - Royal Dutch Shell reported lower-than-expected third-quarter adjusted earnings despite higher fuel prices as it took a $400m hit from Hurricane Ida on operations and said it was setting new targets for carbon emission cuts.

Read more
27 Oct 2021 20:46

UPDATE: Shell notes talks with Third Point as activist calls for split

UPDATE: Shell notes talks with Third Point as activist calls for split

Read more
27 Oct 2021 20:20

PRESS: Third Point builds massive Shell stake, pushes for split

PRESS: Third Point builds massive Shell stake, pushes for split

Read more
27 Oct 2021 18:26

North Sea Crude-Brent diffs fall, Equinor bids for Gullfaks

LONDON, Oct 27 (Reuters) - North Sea Brent crude differentials fell to a three-week low on Wednesday on the back of Gunvor selling a cheaper cargo to Mercuria, while the trading window also saw an extremely rare appearance of the Norwegian Gullfa...

Read more
27 Oct 2021 16:57

LONDON MARKET CLOSE: FTSE 100 dips but budget buoys homebuilders, pubs

LONDON MARKET CLOSE: FTSE 100 dips but budget buoys homebuilders, pubs

Read more
27 Oct 2021 16:57

UPDATE 4-Hedge fund Third Point buys stake in Shell, urges breakup

(New throughout, adds details from letter, Third Point history, activism in oil industry)By Arathy S Nair and Svea Herbst-BaylissOct 27 (Reuters) - Hedge fund Third Point has built a large stake in Royal Dutch Shell and called on the oil major to ...

Read more
27 Oct 2021 16:57

UPDATE 3-Third Point builds $750 mln stake in Shell, urges breakup

(Releads with source comment, letter from Third Point)By Arathy S NairOct 27 (Reuters) - Activist investor Daniel Loeb's Third Point has built a near $750 million stake in Royal Dutch Shell , a source close to the matter told Reuters on Wednesday,...

Read more
27 Oct 2021 16:57

UPDATE 2-Third Point takes big stake in Shell, urges breakup - WSJ

(Adds background on Shell, rivals' plans to spin off renewables businesses)Oct 27 (Reuters) - Activist investor Daniel Loeb's Third Point took a large stake in Royal Dutch Shell and has urged the European oil major to split into two separate comp...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.