A group of investors has tabled resolutions urging four of the world’s top oil and gas companies to set broad climate targets for 2030, reviving pressure on the sector after a year that saw governments […]
Analysts are saying it may be time to sell Exxon Mobil (XOM) as the stock continues to rise, and oil prices have begun what appears to be a longer-term decline on an oversupply and reducing […]
NewsOil and Gas An appeals court in Milan has rejected Nigeria’s $1.1bn compensation request against Italian energy group Eni and British oil and gas company Shell in civil proceedings relating to a $1.3bn oilfield deal. […]
Oil and gas supermajor Shell has completed the sale of its 100 percent shareholding in its Philippines subsidiary to Malampaya Energy XP (MEXP), a subsidiary of Prime Infrastructure Capital. Shell said that this sale completion […]
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive stories in your inbox every week. The price of oil produced in California this […]
The collective profits of Exxon, Chevron, Shell, BP, and TotalEnergies for the last quarter would come in at $50.7 billion. Big oil firms are expected to earn less than in the blockbuster quarter that was […]
ENB Pub Note: Sources; Bloomberg, CNBC, Reuters, EDGAR. An interesting week coming around the corner. Tax Credits and investor sentiment drive decisions to invest in renewable energy rather than increase drilling programs. The short answer […]
The lack of fungibility of the gas market is set to pose a major challenge for Europe in the near term, the heads of Saudi Aramco and Shell agreed today. Aramco’s Amin Nasser was relatively sanguine on […]
Oil giant Shell will purchase African solar provider Daystar Power as it expands its global renewables portfolio, the companies said on Sept. 28. Shell is one of the most influential oil producers in Africa, but the Daystar purchase […]
Governments around the world – including Canada – must accelerate sluggish permitting processes for renewable power and carbon-reduction projects in order to meet crucial climate goals, and address an “unresolved crisis” that is delaying the projects that will be […]
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