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HomeShell

Shell

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 […]

Crude Oil News

First oil flows from Shell’s deepwater project in U.S. Gulf of Mexico

February 18, 2023 Mariel Alumit

Home Fossil Energy First oil flows from Shell’s deepwater project in U.S. Gulf of Mexico UK-headquartered energy giant Shell has brought on stream a deepwater project in the U.S. Gulf of Mexico (GOM), which has […]

LNG
Imports

Shell: Europe’s LNG demand to intensify competition and dominate trade in the long term

February 16, 2023 Mariel Alumit

Home Clean fuel Shell: Europe’s LNG demand to intensify competition and dominate trade in the long term Europes’s increased need for liquefied natural gas (LNG) will likely intensify competition with Asia for limited new supply […]

League
Big Oil Companies

Fantasy League Matchmaking Between Oil Majors and Transition Upstarts

February 12, 2023 Mariel Alumit

​LITTLETON, Colo., Feb 9 (Reuters) – This weekend’s Super Bowl is the annual showpiece for American football’s top professional teams, and marks the end of the fantasy league season where amateur fans select their own […]

Big Oil Companies

ESG Investing Failure and Major Setback: Exxon Retreats From Major Climate Effort to Make Biofuels From Algae –

February 11, 2023 Mariel Alumit

​After advertising its efforts to produce environmentally friendly fuels from algae for over a decade, Exxon Mobil Corp. is now quietly walking away from its most heavily publicized climate solution.  Exxon has slashed its support for Viridos Inc., […]

Big Oil Companies

Oil majors hit record profits, green investments tell a different story

February 7, 2023 Mariel Alumit

Some of the world’s largest oil and gas companies have declared the highest-ever profits since people started using petroleum, rewarding shareholders with higher dividends and share buybacks while spending relatively little of it on renewable […]

Nigerian
Aljazeera International

Nigerian communities file damages claim against Shell in UK court

February 2, 2023 Mariel Alumit

NewsOil and Gas More than 11,000 Nigerians from the oil-producing Niger Delta region have filed a compensation claim against Shell at the London High Court. The case filed on Thursday by UK law firm Leigh […]

Shell
Big Oil Companies

Shell CEO Sees a World ‘Desperately in Need’ of Natural Gas

February 2, 2023 Mariel Alumit

Shell Plc’s natural gas business can continue to grow after making record profits in 2022, as the global thirst for the fuel no signs of slowing, said Chief Executive Officer Wael Sawan. After years of questions over […]

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