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GLOBAL SHELL PLANS TO DOUBLE DOWN ON RETAILER STRENGTHS IN NEW NET-ZERO WORLD Royal Dutch Shell unveiled its plan to reach net zero emissions by 2050. The plan focuses heavily on selling low-carbon electricity, biofuels and hydrogen directly to households and electric vehicle owners. HYUNDAI REVEALS ULTRA-FAST EV CHARGING South Korean auto group Hyundai is set to roll out an electric vehicle charging service platform called E-pit that will become part of the carmaker’s future ecosystem of clean energy vehicles. The new platform will charge 80 percent of a vehicle’s battery in just 18 minutes.
RUSSIA PIPELINE PIVOTS TO HYDROGEN
While the future of Russia’s NordStream 2 pipeline is still uncertain, sources are reporting that Moscow has been investing in the production of hydrogen, potentially aiming to make it flow through the pipeline. This pivot could be in response to the European Commission putting hydrogen at the forefront of its recovery agenda.
Canadian Independent Petroleum Marketers Association | Connection 2021 |
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