Offshore drilling contractor Stena Drilling has secured a new drilling contract with Shell’s subsidiary – Shell Offshore – for operations in the U.S. Gulf of Mexico. This assignment will be undertaken by the newest addition […]
OPEC Lambasts Anti-Oil Sentiment, Warns of Underinvestment – OPEC+ compliance with its collective targets keeps on worsening with the 19 members underperforming by 2.6 million b/d, just as the oil alliance prepares for its June […]
Climate protesters dragged away from Shell shareholder meeting: ‘Go to hell!’ May 24, 2023 Mariel Alumit Climate change protesters were dragged away as they tried to storm the stage at Shell’s shareholder meeting Tuesday, while activist investors […]
Shell is bracing itself for an agonizing annual meeting next week, where it will attempt to juggle the demands for profits with the bothersome calls to address the climate crisis more forcefully. Shell, that paragon […]
Shell should ‘scale back or stop’ less successful ventures. Shell Plc executives are telling their renewable power business that it needs to become more profitable, not just deliver lower carbon emissions, and pull back from the […]
Welcome to Energy Daily, our guide to the energy and commodities powering the global economy. Today, Senior Reporter Kevin Crowley looks at the key reasons why Europe’s oil majors trade so far below their US counterparts. To get this newsletter […]
Investment firm Kestra Private Wealth Services LLC has increased its stock holdings in energy company Shell plc (NYSE:SHEL) by a staggering 74.8%. According to the Securities and Exchange Commission (SEC) filing, the firm now owns […]
Offshore drilling contractor Valaris is preparing to start its contract with Brunei Shell Petroleum, a subsidiary of the UK-headquartered oil major Shell, as a jack-up rig, which was hired for this assignment, has embarked on […]
Prospects for Shell stock and other oil majors look good as Russia’s war in Ukraine crimps global energy supplies. One important metric to look for in a stock is an 80 or higher Relative Strength […]
Home Fossil Energy Chevron, ExxonMobil, BP and Shell among highest bidders in Gulf of Mexico oil & gas lease sale The U.S. government agency Bureau of Ocean Energy Management (BOEM) has held an oil and […]
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