Agreement with Shell for development and licensing of SBI BioEnergy patented renewable drop-in biofuels. Calgary, June 26, 2017 - Royal Dutch Shell plc, through its subsidiary Shell International Exploration and Production B.V. (“Shell”), and SBI BioEnergy Inc. have reached an agreement with Shell for development and licensing SBI’s biofuel technology. Edmonton-based SBI has a patented process that can convert a wide range of waste oils, greases and sustainable vegetable oil