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 […]
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 […]
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 […]
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 […]
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