Shell to continue search in renewables after losing Eneco tender

LONDON (Reuters) - Royal Dutch Shell said on Monday it was disappointed to lose a tender for Dutch renewable energy business Eneco which went to a group led by Japan's Mitsubishi Corp for 4.1 billion euros ($4.52 billion).The Anglo-Dutch oil and gas company said in a statement it "will continue to look for opportunities in the energy transition" and aims to invest $2 to $3 billion per year from 2021 onwards.