China-europe energy storage box shell processing

Will Royal Dutch Shell expand its presence in China?

The booth of Royal Dutch Shell during an expo in Shanghai. [Photo provided to China Daily] Eyeing huge potential in the carbon-storage sector in China, global energy giant Royal Dutch Shell vowed to further expand its presence in the country to tap the potential of carbon capture and storage sector in the country with local partners.

Why does shell need CCS in China?

"The surging demand for CCS in China provides Shell with a substantial opportunity to grow its sectoral decarbonization business," said Anna Mascolo, executive vice-president of Shell Emerging Energy Solutions.

Does China have a potential for storing carbon?

China, with an estimated 2,400 gigatons in storage capacity, has significant geological potential for storing carbon, second only to the United States.