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 […]
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 […]
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 […]
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 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 […]
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