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 […]
Klein said in the newest project update on Thursday that 35,000-plus individual Canadians have worked on the LNG Canada project to date. “Lately, we’ve welcomed hundreds more Canadians to the LNG Canada asset team–highly-skilled individuals […]
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 and […]
Shell is divesting from its downstream operations in South Africa, attracting interest from major oil traders and national oil companies. Saudi Aramco, ADNOC, Trafigura, and other major players are in the race to acquire Shell’s […]
Türkiye’s Energy Minister Alparslan Bayraktar announced the deal during a ceremony held in Ankara on Monday. Under the 10-year deal, Botas will receive 40 LNG cargoes per year, or up to 4 billion cubic meters […]
London’s old-school oil stocks are no longer moving in tandem, as BP Plc underperforms Shell Plc due to concerns over the former’s green-energy transition and the outlook for earnings and shareholder payouts. August is set to mark the fifth-straight […]
A unit of LNG giant Shell has completed the first operations with Crowley’s recently delivered LNG bunkering barge, Progress. Last week, the 12,000-cbm LNG bunkering barge, the largest US Jones Act-compliant vessel of its kind, […]
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