(Reuters) – Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan’s efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while […]
Oil and gas giant Shell plans to sell its household energy supply businesses in the UK, Germany and the Netherlands, the company announced in a press release on Tuesday. After a five-month review of its […]
The oil company CEO was practically giddy, she was so excited about its record earnings. On a call with shareholders and analysts on March 31, Occidental Petroleum’s Vicki Hollub bragged that the century-old oil giant was […]
Offshore drilling contractor Stena Drilling has secured a new drilling contract with Shell’s subsidiary – Shell Offshore – for operations in the U.S. Gulf of Mexico. This assignment will be undertaken by the newest addition […]
OPEC Lambasts Anti-Oil Sentiment, Warns of Underinvestment – OPEC+ compliance with its collective targets keeps on worsening with the 19 members underperforming by 2.6 million b/d, just as the oil alliance prepares for its June […]
Climate protesters dragged away from Shell shareholder meeting: ‘Go to hell!’ May 24, 2023 Mariel Alumit Climate change protesters were dragged away as they tried to storm the stage at Shell’s shareholder meeting Tuesday, while activist investors […]
Shell is bracing itself for an agonizing annual meeting next week, where it will attempt to juggle the demands for profits with the bothersome calls to address the climate crisis more forcefully. Shell, that paragon […]
Shell should ‘scale back or stop’ less successful ventures. Shell Plc executives are telling their renewable power business that it needs to become more profitable, not just deliver lower carbon emissions, and pull back from the […]
Welcome to Energy Daily, our guide to the energy and commodities powering the global economy. Today, Senior Reporter Kevin Crowley looks at the key reasons why Europe’s oil majors trade so far below their US counterparts. To get this newsletter […]
Investment firm Kestra Private Wealth Services LLC has increased its stock holdings in energy company Shell plc (NYSE:SHEL) by a staggering 74.8%. According to the Securities and Exchange Commission (SEC) filing, the firm now owns […]
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