shell oil

Shell revealed that it has partnered with six different academic institutions in order to both research and expand biofuel development. The partnerships are expected to last between two and five years, and will be conducted at the actual institutions. The Massachusetts Institute of Technology is one of the participants, along with the University of Campinas (Brazil), and the Institute of Microbiology, Chinese Academy of Sciences.

Showa Shell Sekiyu, a Royal Dutch Shell subsidiary, the one of Japan largest oil company will invest 100 billion yen($938 mil) in a giant solar panel powered plant, AFP says.