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HomeShell

Shell

Shell
International News

EXCLUSIVE-Shell ditched major works on giant LNG facility in favour of quick fix -sources

September 7, 2023 Mariel Alumit

LONDON, Sept 7 (Reuters) – Shell considered shutting its flagship Prelude liquefied natural gas facility off Australia for a year to fix issues that have plagued its operations, but instead opted for shorter maintenance period to allow […]

Oil
Big Oil Companies

African Oil and Gas Exploration is Going Strong

September 5, 2023 Mariel Alumit

Despite the call heard ’round the world commanding the global business community to divest from fossil fuels and shrink their carbon footprints in the name of net zero, international oil companies (IOCs) still recognize Africa […]

Oil
International News

Big Oil’s Next Genius Moves to Save the Planet

August 31, 2023 Mariel Alumit

It seems the world’s most environmentally-conscious buddies, our friendly neighborhood oil giants like BP, Chevron, ExxonMobil, Shell, and TotalEnergies, are diving deep into the influencer market. Because when you think “innovation in renewable energy,” you […]

nuclear
Energy Transition

UK Energy Firms Meet Shapps to Discuss Security and Net Zero

August 2, 2023 Mariel Alumit

Focus on renewables, nuclear power, North Sea oil and gas Includes laws to protect key infrastructure from Just Stop Oil Britain’s energy industry will sit down with Energy Security Secretary Grant Shapps on Wednesday to discuss energy […]

Shell
Earnings

Shell’s profits tumble 56% to $5 billion as energy prices cool

July 27, 2023 Mariel Alumit

LONDON, July 27 (Reuters) – Shell (SHEL.L) on Thursday reported a 56% fall in second-quarter profit to $5 billion as oil and gas prices and refining profit margins fell, prompting the energy giant to slow its share […]

Shell
Exploration and Production

Shell Explores Selling Stake in Renewable Power Unit

July 17, 2023 Mariel Alumit

Shell Plc is exploring options for its global renewable power operations, including a potential stake sale to outside investors, people with knowledge of the matter said. The UK energy giant is working with advisers to […]

TotalEnergies
Crude Oil News

Iraq, TotalEnergies sign massive oil, gas, renewables deal

July 11, 2023 Mariel Alumit

BAGHDAD, July 10 (Reuters) – Iraq and French oil major TotalEnergies (TTEF.PA) on Monday signed a long-delayed $27 billion energy deal that aims to increase oil production and boost the country’s capacity to produce energy with four […]

Shell
Exploration and Production

Shell CEO Dreams of Leaving UK for Greener (Profitable) Pastures in the US

July 10, 2023 Mariel Alumit

In a truly heartwarming display of corporate compassion, Wael Sawan, the CEO of Shell, has openly mused about the possibility of abandoning the UK to make even more money elsewhere. It seems that pesky ‘windfall’ […]

Shell
Crude Oil News

Shell CEO Says Slashing Oil Output Would Be ‘Dangerous and Irresponsible’

July 10, 2023 Mariel Alumit

Reducing global oil and gas production would be “dangerous and irresponsible” as the world still desperately needs those hydrocarbons, Shell’s chief executive Wael Sawan has told the BBC. Last month, Shell unveiled its new strategy to continue investing […]

Shell
Crude Oil News

Shell Expects ‘Significantly Lower’ Earnings From Gas Trading

July 7, 2023 Mariel Alumit

Shell expects its gas trading business to have been significantly lower in the second quarter, compared to a strong first quarter, due to seasonality and fewer optimization opportunities, the UK-based supermajor said in its second […]

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