An unprecedented fight over who should sit on the board of Exxon Mobil Corp. is turning into a referendum on Chief Executive Officer Darren Woods as a decades-long struggle by climate campaigners comes to a […]
n more than five years since the world agreed to limit warming temperatures, banks have poured more than $3.6 trillion into fossil fuel—almost three times more than total bonds and loans backing green projects, according […]
Royal Dutch Shell Plc reduced its debt burden in the first quarter, with profit rising by more than expected due to the recovery in global oil and gas markets. As investors demand higher returns, Shell […]
Japanese refiners plan to sell assets and speed structural reform and overseas expansion as fuel demand is expected to fall at a faster pace due to a prolonged impact from the COVID-19 pandemic and an […]
Shell Offshore Inc. (“Shell”), a subsidiary of Royal Dutch Shell plc, today announced a significant discovery at the Leopard prospect in the deep-water U.S. Gulf of Mexico (GoM). The Leopard well encountered more than 600 feet (183 meters) net oil pay […]
Energy News Beat Publishers Note (ENB): This is a great first step by Shell. But any ship that is a Ro-Ro has opened itself for Scobby Do memes and jokes. Shell has announced its entry into […]
Major oil producers, for decades the natural resource industry’s top earners, are being eclipsed by once-smaller mining peers who are churning out record profits thanks to red-hot metals markets. The mining windfall is the latest […]
Big Oil has enjoyed more favorable conditions this year thanks to rising crude prices and recovering fuel demand, but Total is in a better position than many of its peers. While BP Plc and Royal Dutch Shell Plc are […]
Prelude or finale, that’s a question some observers are starting to ask about a $12 billion ship called Prelude which was supposed to revolutionize the liquefied natural gas (LNG) industry. Built by Royal Dutch Shell, […]
(The Center Square) – Chesapeake Energy said this week that it has installed continuous emission monitors at select well pads in northeast Pennsylvania in response to investor demands for more responsibly sourced natural gas. Through a partnership with […]
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