An expected drop in Shell’s net greenhouse gas emissions is not aligned with the Paris Agreement and with a Dutch court order for the now UK-based supermajor to slash emissions much more by 2030, activist investor Follow This …
LONDON – Europe’s biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their second-quarter profits beat an already record-breaking previous quarter on the back of soaring crude, gas and oil product prices.
The two companies …
OXFORD, England – Shell is considering boosting shareholder returns on the back of bumper profits from soaring energy prices, while the extra cash will also help it shift more swiftly towards renewables and low-carbon energy, the chief executive said …
(Bloomberg) — Shell Plc said soaring margins from fuel production may have added more than $1 billion to the earnings of its refining business last quarter, when gasoline prices broke records in several countries.
The trading update from …
(Bloomberg) — Shell Plc is set to follow other Western energy majors by taking a stake in a $29 billion project to boost Qatar’s exports of liquefied natural gas, just as Europe races to shore up new supplies …
HOUSTON – Italian producer Eni has been picked, along with another four oil majors, by Qatar as partners in the near $30 billion expansion of the world’s largest liquefied natural gas (LNG) project, people with knowledge of the
Shell Australia and its joint venture partner, SGH Energy, have taken a final investment decision to approve the development of the Crux natural gas field, off the coast of Western Australia. Crux will provide further supplies of natural …
(Bloomberg) — Shell Plc won official consent to develop the Jackdaw natural gas field in the UK’s North Sea, eight months after the country’s regulator blocked the project on environmental concerns.
The move marks a change in government …
LONDON – Shell said on Tuesday it has not agreed to set up a rouble account under new payment terms by Russian gas giant Gazprom to continue supplying Europe.
“Shell has not agreed to new payment terms set …
(Bloomberg) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans to turn Brazil into a profit center.
In the past three years, Shell has …
(Bloomberg) — TotalEnergies SE took a $4.1 billion writedown on its flagship Russian gas project and indicated that it may belatedly join its peers in pulling back from the country two months after the invasion of Ukraine.
The …
Shell Trinidad and Tobago (through BG International, a subsidiary of Shell plc) announced that production has started on Block 22 and NCMA-4 in the North Coast Marine Area (NCMA) in Trinidad and Tobago.
The start-up of Colibri follows …
LONDON, March 29 – Energy major Shell SHEL.L has filed its appeal against a Dutch court ruling that ordered the oil, gas and fuel producer to cut its emissions faster in a landmark win for activists turning to courts …
March 24 – Shell SHEL.L will invest up to 25 billion pounds ($33 billion)into the energy system in Britain over the next decade, a senior executive at the oil major said, and over 75% of which will be funnelled …
(Bloomberg) — U.S. refiners Valero Energy Corp and Marathon Petroleum Corp., along with Shell Plc’s trading unit Shell Western Supply and Trading, are rushing to secure Ecuadorian barrels after America banned imports of Russian crude.
Ecuador’s state oil …
(Bloomberg) — Shell Plc and Eni SpA both declared force majeure on key oil flows from Nigeria, threatening to disrupt supplies in a market that’s already fretting about the impact of Russia’s invasion of Ukraine.
Shell’s measure has …
(Bloomberg) — Shell Plc’s sale of a multibillion-dollar stake in a joint venture that operates oil fields in Nigeria has attracted bids from four local companies, according to people familiar with the negotiations.
Seplat Energy Plc, Sahara Group …
LONDON – Shell again boosted its dividend and share repurchases on Thursday after fourth quarter profits hit their highest in eight years, fuelled by higher oil and gas prices and strong gas trading performance.
The strong results cap …
Shell began trading with a single line of shares on Monday after the British oil major confirmed the assimilation of its A and B shares over the weekend as part of plans to simplify its two-tier structure.
The
MEXICO CITY, Jan 13 – Mexican state oil company Petroleos Mexicanos will take control of the Deer Park refinery in Houston, Texas on Jan. 20, three sources with knowledge of the matter said on Thursday.
Royal Dutch Shell RDSa.L…
Royal Dutch Shell said it will pursue its $7 billion share buyback program after selling its U.S. shale business “at pace” as its liquefied natural gas (LNG) production was hit once again by unplanned outages.
Fuel sales were also …
(Bloomberg) – The vessel hired by Royal Dutch Shell Plc to look for potential oil and gas fields is on course to leave South African waters after community groups won a court case to temporarily halt the activity.…
Shell Integrated Gas Oman BV, a subsidiary of Royal Dutch Shell plc, along with its partners, OQ and Marsa Liquefied Natural Gas LLC, have signed a concession agreement with the Ministry of Energy and Minerals on behalf of …
Shell New Energies US, a subsidiary of Royal Dutch Shell, has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. …
LONDON — Shareholders of oil giant Royal Dutch Shell on Friday voted to approve plans for the company to overhaul its legal and tax structure and move its headquarters to the U.K. from the Netherlands.
The Anglo-Dutch company has …
(Bloomberg) –Royal Dutch Shell Plc has evacuated non-essential staff from its floating liquefied natural gas facility in northwest Australia as the operator struggled to restore power that knocked out operations earlier in the week, according to people familiar …
(Bloomberg) –A South African court has ruled that Royal Dutch Shell Plc can proceed with a seismic survey offshore the East Coast, after dismissing a legal application by activist groups.
Greenpeace was among organizations that filed an urgent …
LONDON, Dec 2 – Royal Dutch Shell RDSa.L said on Thursday it had scrapped plans to develop the Cambo North Sea oilfield, which became a lightning rod for climate activists seeking to halt Britain’s development of new oil and …
