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Shell Abandons Rotterdam Biofuels Project Amid Challenging Market Conditions
ByAinvest
Wednesday, Sep 3, 2025 10:17 am ET1min read
Shell has abandoned plans to build a biofuels facility in Rotterdam due to challenging market conditions that make the project uncompetitive. The decision comes as European majors Shell and BP have scaled back billions of dollars of investment in renewables and are prioritizing oil and gas reserves. Shell's chief executive has stated that reducing global oil and gas production would be "dangerous and irresponsible."
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