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HomeShell

Shell

Shell
Big Oil Companies

Shell: global LNG demand to rise more than 50 percent by 2040

February 14, 2024 Mariel Alumit

Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50 percent by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more […]

Shell
Exports

Shell CEO: LNG Canada to start commissioning later this year

February 5, 2024 Mariel Alumit

Shell’s LNG Canada terminal is more than 90 percent complete and the project is preparing to launch commissioning activities later this year, according to Shell’s CEO, Wael Sawan. This is the first large LNG export […]

Shell’s Q4 profit
Big Oil Companies

Shell’s Q4 profit down to $7.3 billion, LNG sales up

February 1, 2024 Mariel Alumit

LNG giant Shell reported a drop in its adjusted earnings in the fourth quarter last year, while its LNG sales rose compared to the same period in 2022. The UK-based firm said its adjusted earnings […]

Shell’s QGC business
Exploration and Production

Shell’s QGC business to drill more wells

January 22, 2024 Mariel Alumit

Shell’s QGC business in Australia revealed plans to drill more wells as it looks to boost gas supply to its Queensland Curtis LNG export plant and the domestic market. Shell Australia said in a statement […]

Shell
LNG

Shell sells Nigerian onshore unit

January 16, 2024 Mariel Alumit

LNG giant Shell has agreed to sell its Nigerian onshore subsidiary SPDC to Renaissance for up to $2.4 billion. Renaissance is a consortium of five companies comprising four exploration and production companies based in Nigeria […]

International News

Ksi Lisims LNG, Shell seal 20-year SPA

January 9, 2024 Stu Turley

The partners behind the Ksi Lisims floating LNG project in Canada have signed the first long-term offtake deal with a unit of LNG giant Shell. Under the 20-year SPA, Ksi Lisims will supply 2 million […]

Shell
International News

Shell expects ‘significantly’ higher LNG trading results in Q4

January 8, 2024 Stu Turley

LNG giant Shell is expecting “significantly” higher trading and optimization results for its integrated gas business in the fourth quarter of 2023 compared to the previous quarter. The UK-based firm revealed this in its fourth-quarter […]

Exploration and Production

Takeover talk triggers rally at beleaguered BP

January 7, 2024 Stu Turley

Takeover chatter dominated trading rooms as speculation swirled that BP could be a target this year amid chaos at the oil giant. Rumours that rival energy major Shell could be a candidate for a mega-merger with […]

Shell
Crude Oil News

QatarEnergy to supply crude oil to Shell for five years in “first ever” contract agreement

December 30, 2023 Stu Turley

World Oil (WO) – QatarEnergy has announced a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore (Shell). Source: World Oil The agreement stipulates the supply of up to 18 MMbbl per […]

International News

Shell’s Prelude FLNG to ship first cargo after maintenance

December 27, 2023 Stu Turley

Shell’s huge Prelude FLNG located offshore Western Australia has welcomed its first LNG tanker since August this year when it started scheduled maintenance, according to shipping data. The UK-based LNG giant shut down the FLNG in […]

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