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 […]
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 […]
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