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HomeShell

Shell

Shell
Big Oil Companies

Shell Sets 2030 Goal to Reduce Emissions from Customers’ Use of Gasoline and Diesel

March 19, 2024 Mariel Alumit

Introduces new target, but eliminates 2035 goal due to energy transition “uncertainty” Energy giant Shell announced today the release of “Energy Transition Strategy 2024,” the first update to its “Powering Progress” strategy, launched in 2021, […]

Shell
Electric Vehicles

Shell Plans to Divest 1K Retail Sites in Shift to EV Charging

March 18, 2024 Mariel Alumit

Shell Plc plans to divest 500 retail sites annually over the next two years, responding to a growing demand for electric vehicle chargers. “We are upgrading our retail network, with expanded electric vehicle charging and […]

Big Oil Companies

Daily Energy Standup Episode #329 – California Prices Surge, Biden Budget Impact, Shell’s Shift, and Currency Changes

March 14, 2024 Andy Del Prado

Daily Standup Top Stories Exploding Energy Prices in California March 13, 2024 Mariel Alumit “California leaders know that rising prices are a huge problem. The state is now considering a plan to tie utility rates to personal income […]

Shell
Crude Oil News

Shell Plans to Cut 20% of Jobs in Its M&A Unit

March 13, 2024 Mariel Alumit

The ongoing job cuts at Shell are extending to the team handling mergers and acquisitions for the supermajor as the oil and gas giant is looking to eliminate around 20% of several hundred positions in […]

Shell
Big Oil Companies

Shell considers slowing pace of carbon emissions cuts as CEO refocuses on oil and gas

March 13, 2024 Mariel Alumit

(Bloomberg) – Shell Plc has been considering slowing the pace of its carbon-emissions cuts as it updates its energy-transition strategy, according to people familiar with the matter. Any changes to the company’s climate targets could […]

Shell
Exports

With natural gas in high demand, Shell forecasts global LNG growth will top 50% by 2040

March 1, 2024 Mariel Alumit

As the energy transition gathers speed, the UK-headquartered energy giant Shell has revealed its latest outlook on the global demand for liquefied natural gas (LNG), predicting a rise in demand of more than 50% by […]

Big Oil Companies

Daily Energy Standup Episode #316 – Navigating Uncertainty: Challenges and Doubts on the Path to Net Zero

February 26, 2024 Andy Del Prado

Daily Standup Top Stories Net Zero’s days are numbered February 24, 2024 Stu Turley If a week is a long time in politics, then 2023 belongs to a different age in the politics of Net Zero. […]

Shell
Big Oil Companies

Shell’s LNG trading makes $2.4 billion in final 2023 quarter, sources say

February 24, 2024 Stu Turley

Shell’s LNG trading accounted for third of Shell’s Q4 profit Trading was boosted by East-West arbitrage, CEO said LONDON, Feb 23 (Reuters) – Nearly a third of Shell’s (SHEL.L), opens new tab profit in the fourth quarter […]

wind farm
Energy Transition

Shell and Simply Blue exit floating wind projects

February 22, 2024 Mariel Alumit

Simply Blue Energy major Shell and Irish offshore renewables developer Simply Blue have opted to exit floating wind joint ventures to better focus on other markets. Shell signed a sales and purchase agreement with Hexicon […]

Big Oil Companies

Chicago sues oil companies for causing climate change, points to 1995 heat wave

February 21, 2024 Stu Turley

ENB Pub Note: This is a total weaponization of the legal system for fraudulent reasons. Facts, fiscal responsibility and physics matter when dealing with the cost of energy. The city of Chicago filed a sprawling lawsuit against […]

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