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 […]
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. […]
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 […]
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 […]
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 […]
Weekly Daily Standup Top Stories Biden’s EV Mandate Is Backfiring As Consumers Rebel Against Electric Cars October 26, 2024 Mariel Alumit Biden’s strong-arm tactics to force Americans to buy EVs have only stiffened consumer resolve not […]
BP and Shell are expected to report lower profits this week due to weak oil prices and falling refining margins. Both companies are facing investor pressure, with BP scaling back its renewable energy plans and […]
LNG Canada previously said it would receive a cargo of refrigerants (liquefied petroleum gas) onboard the tanker Gaschem Atlantic. The ship began its voyage on the Delaware River in Pennsylvania and traveled to B.C.’s Pacific […]
Shell revealed this in its third-quarter update note on Monday. The company’s adjusted earnings reached $6.29 billion in the second quarter, a rise of 24 percent compared to the second quarter in 2023, while Shell’s […]
Weekly Daily Standup Top Stories Oil Majors and Traders Vye for Shell’s South African Assets September 8, 2024 Stu Turley Shell is divesting from its downstream operations in South Africa, attracting interest from major oil traders […]
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