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HomeShell

Shell

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 […]

bio-LNG
Biofuel

Shell launches largest bio-LNG plant in Germany

April 19, 2024 Mariel Alumit

A unit of LNG giant Shell has launched what it says is the largest bio-LNG production plant in Germany. The new bio-LNG plant is located at Shell’s Energy and Chemicals Park Rheinland near the German […]

Shell
Finance

Oman LNG inks 10-year SPA with Shell

April 17, 2024 Mariel Alumit

State-owned producer Oman LNG has signed a 10-year sales and purchase agreement with a unit of LNG giant Shell. Under the SPA, Oman LNG will supply Shell International Trading Middle East (SITME) with 1.6 million […]

Shell
Big Oil Companies

Why ‘the dam would break’ if Shell quit the FTSE

April 15, 2024 Mariel Alumit

Endless hours have been spent imagining a world without oil as net zero looms decades in the future. In London, however, stock exchange chiefs face the prospect of a more immediate – and more worrying […]

Tanzania
Big Oil Companies

Tanzania seeks partners for its $40B LNG project, gas prospects

April 15, 2024 Mariel Alumit

With estimated recoverable gas resources of around 57 trillion cubic feet (tcf), Tanzania will feature as part of an East African regional spotlight at Invest in African Energy (IAE) 2024, as the country seeks partners […]

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