Shell has appointed Felix Farber as Executive Vice President for Low-Carbon Solutions amid a reduction in green assets. He will be responsible for developing the company’s hydrogen, biofuel, and carbon capture initiatives.
The Italian company Saipem has signed two major contracts with Eni for the implementation of an underwater project off the coast of Côte d’Ivoire and the construction of a facility in Italy. These projects will significantly increase oil and gas production, as well as expand biofuel manufacturing.
Scientists have developed a biofuel cell that uses glucose and riboflavin instead of expensive metals, making batteries more affordable and environmentally friendly. This new technology delivers record-breaking power and opens up promising opportunities for industrial applications.