LONDON (Reuters) – The number of years of production left in Royal Dutch Shell’s oil and gas reserves fell for the sixth year in a row in 2019 to below eight. But there was little […]
LONDON/SINGAPORE, April 5 (Reuters) – Shell (SHEL.L), and Saudi Aramco (2222.SE), which are competing to buy the assets of Temasek-owned liquefied natural gas (LNG) trading firm Pavilion Energy, are now locked in price negotiations after completing the […]
LNG giant Shell is expecting “strong” trading and optimization results for its integrated gas business in the first quarter of this year. However, the results will be “significantly” lower compared to an “exceptional” fourth quarter […]
(Bloomberg) – Support for the energy transition will wane if ordinary citizens aren’t able to keep the lights on, a lawyer for Shell Plc argued as a crucial climate case got underway. Lawyers for Shell […]
Russian state-owned oil and gas major Gazprom has acquired a 27.5% stake in Russian liquefied natural gas (LNG) producer Sakhalin Energy for approximately $1bn (Rbs91.89bn), according to a government order. The stake was previously held […]
Russia has approved the sale of a 27.5 percent stake, previously owned by LNG giant Shell, in the new operator of the Sakhalin LNG plant to a unit of state-owned Gazprom, according to a government […]
Daily Standup Top Stories Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude March 25, 2024 Mariel Alumit The world is using more oil than ever and demand is outpacing expectations again this year, raising questions […]
(WO) – Shell New Energies US LLC has sold its 50% equity share in SouthCoast Wind Energy LLC to joint venture partner Ocean Winds North America LLC. SouthCoast Wind is a 50-50 joint venture between […]
Introduces new target, but eliminates 2035 goal due to energy transition “uncertainty” Energy giant Shell announced today the release of “Energy Transition Strategy 2024,” the first update to its “Powering Progress” strategy, launched in 2021, […]
Shell Plc plans to divest 500 retail sites annually over the next two years, responding to a growing demand for electric vehicle chargers. “We are upgrading our retail network, with expanded electric vehicle charging and […]
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