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HomeShell

Shell

Exploration and Production

Valaris rig on its way to kick off its gig with Shell

April 11, 2023 Mariel Alumit

Offshore drilling contractor Valaris is preparing to start its contract with Brunei Shell Petroleum, a subsidiary of the UK-headquartered oil major Shell, as a jack-up rig, which was hired for this assignment, has embarked on […]

Price
Big Oil Companies

Shell Stock Crosses Winning Threshold; Q4 Profits Leapt 67%

April 4, 2023 Mariel Alumit

Prospects for Shell stock and other oil majors look good as Russia’s war in Ukraine crimps global energy supplies. One important metric to look for in a stock is an 80 or higher Relative Strength […]

Big Oil Companies

Chevron, ExxonMobil, BP and Shell among highest bidders in Gulf of Mexico oil and gas lease sale

March 31, 2023 Mariel Alumit

Home Fossil Energy Chevron, ExxonMobil, BP and Shell among highest bidders in Gulf of Mexico oil & gas lease sale The U.S. government agency Bureau of Ocean Energy Management (BOEM) has held an oil and […]

Shell
EnergyNews

Shell Splits Up Global Renewable Power Unit in New CEO’s Shakeup

March 31, 2023 Mariel Alumit

​Shell Plc is splitting up its global renewable power business as new Chief Executive Officer Wael Sawan puts his imprint on the energy giant. Sawan already reshaped his top management team in January — just […]

Exports

Shell and Mexico Pacific sign 20-year LNG sale and purchase agreement

March 27, 2023 Mariel Alumit

Home Clean fuel Shell and Mexico Pacific sign 20-year LNG sale and purchase agreement Energy major Shell Eastern Trading (Shell) and a subsidiary of Mexico Pacific have signed a 20-year sales and purchase agreement for […]

Shell
EnergyNews

Shell rules out more ambitious goal for end-user emissions

March 16, 2023 Mariel Alumit

​ A diesel fuel nozzle is seen attached to a car at a Shell petrol station in Berlin, Germany October 22, 2018. REUTERS/Fabrizio Bensch/ LONDON, March 16 (Reuters) – Shell (SHEL.L) has ruled out setting targets to […]

Big Oil Companies

Investors Start To Realize The Energy Transition Will Take Decades

March 10, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, Everyone in the oil and gas industry is now talking about decarbonization and net-zero emissions. Energy security and affordability have made their way to the top of the agenda. […]

Shell
Big Oil Companies

Shell Finalizes Nature Energy Acquisition

February 22, 2023 Mariel Alumit

Energy major, Shell, through its unit Shell Petroleum, has completed the acquisition of Europe’s largest producer of renewable natural gas (RNG), Nature Energy Biogas. Shell has acquired Nature Energy’s portfolio of operating plants, associated feedstock […]

Shell
International News

Shell closes $2bn acquisition of Danish firm Nature Energy Biogas

February 21, 2023 Mariel Alumit

Shell’s wholly-owned subsidiary Shell Petroleum has closed the acquisition of Danish renewable natural gas (RNG) producer Nature Energy Biogas in a deal worth approximately $2bn. Denmark-based Nature Energy has been acquired from a consortium of institutional investors comprising Pioneer Point […]

Shell
Big Oil Companies

Will Shell And BP Use Their Mammoth Profits For Green Energy?

February 20, 2023 Mariel Alumit

BP and Shell announced record annual profits of £23bn and £32bn respectively for 2022. BP and Shell have pledged to spend £18bn and £25bn respectively over the current decade on domestic low and zero-carbon energy […]

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