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HomeShell

Shell

BP
Big Oil Companies

How BP’s Strategy Stacks Up Against the Supermajors

September 20, 2023 Mariel Alumit

BP’s strategy is under the microscope following the departure of CEO Bernard Looney, who resigned after failing to disclose the extent of personal relationships with company staff. Wholesale changes — whether embracing the renewables-free approach of its US competitors […]

Climate Crisis

States Beg Biden to Bolster Offshore Wind While Projects Flounder

September 16, 2023 Mariel Alumit

Six US governors have implored President Joe Biden to boost support for the fledgling offshore wind industry amid growing concerns that surging costs imperil multi-billion dollar projects planned for coastal Atlantic waters — and the nation’s climate […]

Chevron
Exports

Explainer-Chevron Australia LNG workers start strike. What happens now?

September 8, 2023 Mariel Alumit

SINGAPORE/SYDNEY (Reuters) – Workers at Chevron’s liquefied natural gas (LNG) projects in Australia, which produce 5.1% of the world’s supply of the super-chilled fuel, went on strike on Friday after mediation talks ended without a […]

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 […]

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