Unions at Shell Plc’s Prelude floating liquefied natural gas (FLNG) site off Australia have extended industrial action to Sept. 1 over a long-running pay dispute, the company said on Thursday. Shell shut down the 3.6-million-tonne-a-year […]
(Reuters) – Shell said it plans to shut for two weeks in September a key crude oil pipeline in Gulf of Mexico that supplies oil to Louisiana refineries. The Odyssey and Delta crude pipelines in September […]
Shell (NYSE: SHEL) reported on Thursday another record in quarterly earnings—its second record-setting quarter in a row–as oil and gas prices surged and refining margins spiked. Shell booked adjusted earnings—the measure most closely watched by analysts—of $11.472 […]
Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and […]
Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and […]
Shell is planning to divest its stakes in two oil and gas development projects located in the US Gulf of Mexico for as much as $1.5bn, Reuters reported, citing people familiar with the development. The firm is […]
Today’s news includes the threat that Russia will continue the recent cuts in gas supplies that Gazprom, the state gas company, has imposed. Moscow may not fully reconnect the Nord Stream 1 pipeline that carries gas under […]
(Bloomberg) — Shell Plc said soaring margins from fuel production may have added more than $1 billion to the earnings of its refining business last quarter, when gasoline prices broke records in several countries. The […]
An explosion at a giant oilfield in Kazakhstan, the country’s largest, killed on Thursday two workers and left at least three others wounded, local reports say. The blast at the Tengiz oilfield occurred during a test […]
The North Field East LNG project will expand Qatar’s LNG export capacity from the current 77 million tons per annum (mtpa) to 110 mtpa. A $28.75 billion investment, NFE is to start production before the end of […]
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