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HomeShell

Shell

European Oil Giants Consider Shifting Their Listings to the U.S.
Big Oil Companies

European Oil Giants Consider Shifting Their Listings to the U.S.

May 7, 2024 Stu Turley

Two European energy giants, TotalEnergies of France and Shell of Britain, are considering moving their stock listings to New York, as pressure mounts for them to improve their valuations, which lag their American counterparts. Shifting […]

Shell
Big Oil Companies

Shell sold millions of ‘phantom’ carbon credits

May 7, 2024 Stu Turley

“Shell sold millions of carbon credits tied to CO₂ removal that never took place to Canada’s largest oil sands companies, raising new doubts about a technology seen as crucial to mitigating greenhouse gas emissions. As […]

Shell
Downstream

Saudi Aramco in Talks to Buy Shell Gas Stations in Malaysia

May 6, 2024 Mariel Alumit

Four unnamed sources have told Reuters that Saudi state-run oil giant Aramco is in talks to potentially acquire Shell’s billion-dollar gas station business in Malaysia, where the Dutch supergiant owns a network of nearly 1,000 […]

ENB Podcast

ENB #207 Rethinking Green: The Unseen Impact of ESG on Energy and Finance

May 3, 2024 Stu Turley

The world is in a financial crisis and it is intentionally been implemented. Today I sit down with Paul Tice and we talk about his new book: “The Race to Zero: How ESG Investing will […]

Shell Plc
Big Oil Companies

Shell Plc 1st Quarter 2024 Unaudited Results

May 2, 2024 Mariel Alumit

SHELL PLC 1st QUARTER 2024 UNAUDITED RESULTS   SUMMARY OF UNAUDITED RESULTS Quarters $ million Q1 2024 Q4 2023 Q1 2023 % Reference 7,358 474 8,709 +1,453 Income/(loss) attributable to Shell plc shareholders 7,734 7,306 […]

Shell
Big Oil Companies

Shell’s first quarter profits beat expectations at $7.7bn

May 2, 2024 Mariel Alumit

Shell, Europe’s largest oil and gas company, reported a first-quarter profit of $7.7 billion (£6.1bn), exceeding analysts’ expectations by more than $1 billion (£800m). However, this figure represents a decrease from the $9.7 billion (£7.7bn) […]

Shell
Crude Oil News

Shell earns $1 billion a year from US crude trading, court filing shows

April 29, 2024 Mariel Alumit

HOUSTON (Reuters) – Financial details of Shell’s vast oil and gas trading business are some of the company’s closest-held secrets. Documents in a lawsuit filed by a former employee, however, revealed its U.S. crude trading […]

Big Oil Companies

How and why big oil is strengthening its oil and gas exposure

April 28, 2024 Stu Turley

Size usually matters in oil and gas. Eight of the sector’s biggest companies feature in WoodMac’s benchmarking analysis – the five Supermajors and Saudi Aramco, ADNOC and Qatar Energy. These Middle East NOCs are stepping beyond their […]

New LNG Export Project
Big Oil Companies

Oil Giants Seek Stakes in the UAE’s New LNG Export Project

April 23, 2024 Mariel Alumit

Large international oil and gas companies, including top LNG traders Shell and TotalEnergies, are in discussions to buy stakes in the new LNG export project of the United Arab Emirates (UAE), anonymous sources familiar with […]

Shell
Earnings

Shell Australia returns $4 billion to global parent despite another hit on Prelude LNG project

April 19, 2024 Mariel Alumit

Shell has taken another hit on its floating Prelude LNG project in north-west WA as its Australian profits were savaged by nearly $2 billion of new writedowns last year. The oil and gas giant’s Australian […]

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