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HomeShell

Shell

Shell
Big Oil Companies

Shell gets first cargo under new Oman LNG deal

January 8, 2025 Mariel Alumit

Oman LNG announced the shipment via social media on Tuesday. Howveher, the firm did not provide any further details regarding the shipment. The 2018-built 173,400-cbm, Magdala, was located on Wedesday at the LNG plant in […]

Shell
Big Oil Companies

Shell expects ‘significantly lower’ LNG trading results in Q4

January 8, 2025 Mariel Alumit

Shell announced this in its fourth-quarter update note on Wednesday. “Trading and optimization results are expected to be significantly lower than Q3 2024, driven by the (non-cash) impact of expiring hedging contracts,” the UK-based firm […]

Energy Policy

Trump Says He Wants No Wind Turbines Built During Administration

January 7, 2025 Clark Savage

President-elect Donald Trump said Tuesday he would seek to have a policy of having no wind farms constructed during his second term, threatening billions of dollars in planned wind projects. “We are going to have a policy […]

North Sea
Big Oil Companies

Shell and Equinor team up in North Sea

January 7, 2025 Mariel Alumit

Equinor UK and Shell UK are joining forces to create the UK North Sea’s largest independent oil and gas producer. Combining their offshore assets and expertise into a 50/50 joint venture, the new company will […]

US Drilling in the Permian, created by Grox on X
Big Oil Companies

The American Shale Patch Is All About Depletion Now

December 25, 2024 Clark Savage

ENB Pub Note: Michael and I will cover this on our next podcast. As I have said, there will be no “Drill Baby Drill”, it will be more like: “Drill Baby when fiscally responsible.” Goehring […]

oil
Big Oil Companies

Chevron Is Cutting Low-Carbon Spending by 25% Amid Belt Tightening

December 6, 2024 Clark Savage

Oil driller trims green budget to $1.5 billion from $2 billion Chevron is prioritizing profits over oil production next year Chevron Corp. is cutting low-carbon investments by one-fourth as the oil explorer trims spending across the […]

Big Oil Companies

Shell boosts European LNG bunkering business with new barge

November 20, 2024 Andy Del Prado

Energy giant Shell has boosted its LNG bunkering business in Europe by adding a new inland LNG bunkering barge. Türkiye’s RMK Marine recently delivered what it says is Europe’s largest inland waterway LNG bunkering barge. […]

Shell
LNG

Shell wins appeal against Dutch court order on carbon emissions

November 12, 2024 Mariel Alumit

The Hague District Court ordered Shell in a ruling in May 2021 to reduce its CO2 emissions by 45 percent by 2030 with respect to the level of 2019 for the company and its suppliers but also […]

Shell
LNG

Shell’s Q3 profit reaches $6 billion, LNG sales up

November 5, 2024 Mariel Alumit

The UK-based firm said its adjusted earnings reached $6.03 billion in the third quarter, down 3.1 compared to $6.22 billion in the comparable quarter last year. Adjusted earnings dropped 4 percent compared to $6.29 billion in the […]

LNG
LNG

Shell CEO on 2025 LNG market outlook: ‘I don’t have a crystal ball’

November 5, 2024 Mariel Alumit

Sawan was asked during Shell’s third-quarter earnings call on Thursday if he could share his views on the 2025 outlook for the European gas market and Shell’s global LNG earnings. “I don’t have a crystal […]

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