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HomeShell

Shell

Shell
International News

Nigeria to investigate Shell permits after $200 million loss

June 23, 2022 Mariel Alumit

(Bloomberg) — Nigeria’s Senate will investigate Shell Plc’s historic license renewals in the West African state to determine whether they were extended unlawfully and cost the government up to $200 million. Senate President Ahmad Lawan […]

Biden
Political

Biden seeks helps from US refiners to increase gasoline, diesel supply

June 16, 2022 Mariel Alumit

Responding to record-high US gasoline and diesel prices, President Joe Biden has asked US refiners for their assistance in adding refining capacity to increase supply of gasoline and diesel. “I understand that many factors contributed […]

Tanzania
Exploration and Production

Tanzania signs LNG framework agreement with Equinor and Shell

June 13, 2022 Mariel Alumit

DAR ES SALAAM, June 11 (Reuters) – Tanzania signed a framework agreement on Saturday with Norway’s Equinor (EQNR.OL) and Britain’s Shell that will bring closer the start of construction of a $30 billion liquefied natural gas (LNG) […]

Shell
M & A

Shell Buys Fuel Retail Sites From Landmark Industries

June 2, 2022 Mariel Alumit

Shell Retail and Convenience Operations, a wholly owned subsidiary of oil supermajor Shell, has completed the acquisition of certain company-owned fuel and convenience retail sites from Landmark Industries. Shell said that the acquisition also included […]

UK
International News

Shell warns UK North Sea tax levy bad for oil, gas, renewables supply investment

May 30, 2022 Mariel Alumit

HIGHLIGHTS Shell ratchets up pressure following unplanned 25% levy Reliefs don’t extend to renewables investment, Shell notes Shell a major North Sea investor with projects in pipeline Shell May 27 warned the UK’s new ‘energy […]

Shell
International News

New Shell Gas Project To Boost Prelude FLNG Supplies

May 30, 2022 Mariel Alumit

Oil and gas supermajor Shell and its joint venture partner SGH Energy have taken a final investment decision to approve the development of the Crux natural gas field, off the coast of Western Australia. Crux […]

Shell
International News

Shell Arm To Assist With Fleet Decarbonization

May 30, 2022 Mariel Alumit

Shell Fleet Solutions has formally launched its Accelerate to Zero program, to support fleets in meeting their sustainability targets. It brings together a mix of solutions Shell has developed to drive decarbonization and integrates like-minded […]

International News

Shell: ‘We understand worry for millions – but windfall tax creates uncertainty’

May 28, 2022 Stu Turley

Shell has slammed the government’s windfall tax, saying while it “understands the worry for million” about the cost of living it will creates “uncertainty” about investment. This follows Chancellor Rishi Sunak announcing a so-called Energy […]

Shell
Crude Oil News

Big oil consultant resigns with scathing email to 1,400 executives asking them all to ‘look in the mirror’

May 26, 2022 Mariel Alumit

A safety consultant resigned from Shell in a blaze of glory when she told executives they needed to admit that the oil giant is “failing on a planetary scale.” U.K.-based Caroline Dennett took to social media following […]

Shell joins Exxon
Crude Oil News

Shell joins Exxon with $1 billion Brazil exploration setback

May 18, 2022 Mariel Alumit

(Bloomberg) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans to turn Brazil into a profit center. In the past three […]

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