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 […]
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 […]
(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 […]
(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 […]
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