Shell is committing $666 million to ethanol producer Raizen to help address Raizen's financial pressures. The company is also open to a potential restructuring of Raizen's core operations with partner ...

Shell and Brazilian conglomerate Cosan each hold 44 per cent of Raízen after a 2021 initial public offering that raised more than $1bn. The two companies and Cosan shareholder BTG Pactual this week ...

The Raizen sugar and ethanol ​joint venture between Shell and Cosan reached an out-of-court debt restructuring agreement ...

In today’s newsletter, Michael Pooler reports from São Paulo on a debt crisis at Brazilian biofuels group Raízen, one of Shell’s biggest bets on clean energy. If a solution can be reached, the ethanol ...

On Wednesday, Shell PLC (NYSE:SHEL) disclosed that its subsidiary, Shell Nederland Raffinaderij B.V., has opted to halt plans to resume construction of its biofuels facility at the Shell Energy and ...

Shell has abandoned plans to proceed with the construction of a biofuels facility at its Shell Energy and Chemicals Park in Rotterdam, amid challenging market conditions that makes the project ...

Shell plc’s SHEL subsidiary, Shell Nederland Raffinaderij B.V., has scrapped its plan to restart construction of a biofuels facility at the Shell Energy and Chemicals Park in Rotterdam. The company ...

London-listed oil giant Shell has committed to investing 3.5 billion Brazilian reais (approximately $667.84 million) in ...

British oil giant Shell announced Wednesday it has abandoned construction of one of Europe's largest biofuel plants in the Netherlands, as it focuses on its fossil fuels business. Faced with weak ...

Shell Plc has shelved its biofuels plant in the Netherlands as it continues to shed low-carbon businesses to boost profitability. The project in Rotterdam, which was put on hold last year pending a ...