Shell drops investment in advanced biofuels developer Choren: sells stake to VW, Daimler, Hamburg investors

In Germany, advanced biofuels developer Choren announced that Shell Oil has divested its stake in the company, selling its shares to Volkswagen, Daimler and a consortium of Hamburg-area investors.
Shell, which will continue to provide technical support to the advanced biofuels project, did not give a reason for the divestiture, although the other shareholders, according to [...]

November 06, 2009 | Jim Lane | Comments 0

Ottawa Shell station first in Canada to deliver branded E10 wheat straw cellulosic ethanol; Shell, Iogen partnership on the move

In Canada, a Shell station in Ottawa became the first in the country to serve cars with cellulosic ethanol, offering a 10 percent blend of gasoline and wheat straw ethanol manufactured at a demonstration-scale cellulosic ethanol plan jointly owned by Shell and Iogen.
The Iogen technology has been operating at a 480,000 gallon per year capacity [...]

June 11, 2009 | Jim Lane | Comments 0

Shell acquires Brazilian aviation fuel unit from Cosan for $73.8 million

In Brazil, Shell has acquired the aviation fuel distribution unit from Cosan for $73.8 million. Cosan acquired the unit when it purchased the retail distribution unit of ExxonMobil for $1 billion. Shell said that it has sold more than 400 million gallons of aviation fuel in 2008 at more than 50 Brazilian airports.
Cosan has said [...]

May 22, 2009 | Jim Lane | Comments 0

Codexis CEO: “We’re hitting escape velocity” as Shell deepens ties to enzymes pioneer

At WBM 2009, Codexis CEO Alan Shaw offered more details on the company’s expansion, including a new investment from Shell Oil rumored to be on the $30 million scale. “In a way, Shell is like IBM and we’re Microsoft,” he said, “in that we have a partner that gives us a channel for massive adoption.”
Shaw [...]

March 16, 2009 | Jim Lane | Comments 0

Florida boat owner lawsuit against oil companies over E10 damage survives dismissal attempt

In Florida, a move by Chevron, ExxonMobil, BP, Shell Oil, Tower Energy and ConocoPhillips to dismiss a class-action negligence lawsuit regarding the implementation of E10 has been turned back by the US District Court in Miami.The suit alleges that the companies failed to warn boat owners of the potential harmful effects of E10 ethanol on [...]

January 22, 2009 | Jim Lane | Comments 0

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