(Bloomberg) — Boris Johnson urged the oil majors BP Plc and Shell Plc to invest “massively” in renewables to shore up the U.K.’s energy security, as soaring prices squeeze household budgets. The prime minister told […]
Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij – subsidiaries of oil and gas supermajor Shell – have signed an agreement to sell Shell’s retail and lubricants business in Russia Shell Neft to Lukoil. […]
Big Oil is raking in historic amounts of cash, but the windfall isn’t being invested in new production to help displace Russian oil and gas. Instead, executives are rewarding shareholders — setting the world up […]
The transaction is expected to close later in 2022 New Delhi: Global energy giant,Shell, on Friday said it is set to acquireSprng Energy, a Pune-basedrenewableenergy company, for $1.55 billion. According to the official press release, […]
First, let me say thank you to Mark LaCour for his leadership in the oil & gas industry thought leadership and for taking on the most critical aspect facing oil companies today. The past failure […]
The western world shakes its fist in anger. “No more Russian energy! We will not fund this conflict!” is cried by world leaders all over Europe. What has been the effect so far? To answer […]
ENB Publishers Note: This is dependent on the Norwegian gas program maintaining production. While they are great reserves, they had been shutting down production for the last several years, and have the same problem as […]
Bloomberg) — Questioned by U.S. lawmakers this week, chief executives from the nation’s biggest oil companies took great pains to explain why they haven’t raised production fast enough to tame skyrocketing energy prices. For Shell […]
LONDON, April 7 (Reuters) – Shell said on Thursday it diverted $7 billion of its cash flows partly to cover hefty oil and gas margin calls, becoming the first company to publicly acknowledge the pressure […]
New Delhi: Global energy giant Shell will foray into retailing LNG for long-haul transportation like trucks, with its first filling station coming up in Gujarat this year as it bets big on the Indian gas […]
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