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Shell Abandons Dutch Biofuels Plant Amid Shift Towards Higher Profitability
ByAinvest
Wednesday, Sep 3, 2025 5:40 am ET1min read
Shell has shelved its biofuels plant in the Netherlands, prioritizing projects that deliver value for shareholders. The decision comes as the company exits low-carbon projects and under-performing units, following a trend among industry peers like BP and TotalEnergies. Shell has been focused on boosting profitability under CEO Wael Sawan, who took over in 2023.
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