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HomeShell

Shell

Shell
Big Oil Companies

Shell’s LNG trading makes $2.4 billion in final 2023 quarter, sources say

February 24, 2024 Stu Turley

Shell’s LNG trading accounted for third of Shell’s Q4 profit Trading was boosted by East-West arbitrage, CEO said LONDON, Feb 23 (Reuters) – Nearly a third of Shell’s (SHEL.L), opens new tab profit in the fourth quarter […]

wind farm
Energy Transition

Shell and Simply Blue exit floating wind projects

February 22, 2024 Mariel Alumit

Simply Blue Energy major Shell and Irish offshore renewables developer Simply Blue have opted to exit floating wind joint ventures to better focus on other markets. Shell signed a sales and purchase agreement with Hexicon […]

Big Oil Companies

Chicago sues oil companies for causing climate change, points to 1995 heat wave

February 21, 2024 Stu Turley

ENB Pub Note: This is a total weaponization of the legal system for fraudulent reasons. Facts, fiscal responsibility and physics matter when dealing with the cost of energy. The city of Chicago filed a sprawling lawsuit against […]

Hindenburg
Big Oil Companies

DAVID BLACKMON: Another Green Vehicle Pipe Dream Explodes Like The Hindenburg

February 16, 2024 Mariel Alumit

It would be impossible to estimate the number of stories we’ve seen over the last 30 years loudly proclaiming that hydrogen cars are the real future in the transportation space. And hey, you must admit […]

Shell
Big Oil Companies

Shell Sees Global LNG Demand Rising Over 50 Percent by 2040

February 16, 2024 Mariel Alumit

Global demand for liquefied natural gas (LNG) is set to grow more than 50 percent against the current level driven by China’s shift from coal to gas and economic development in South and Southeast Asia, […]

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 […]

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