Exxon Mobil Corp (XOM.N) and Shell Plc (SHEL.L) on Thursday confirmed the sale of their California oil joint-venture Aera to German asset manager IKAV for $4 billion, ending a 25-year-long Continue Reading
Shell Plc will walk away from Russia’s Sakhalin-2 liquefied natural gas project with nothing after President Vladimir Putin transferred the major facility to a new operating company. The London-based firm’s Continue Reading
Europe could continue scrambling for gas supply for a number of winters due to low gas flows from Russia, according to the chief executive officer of supermajor Shell. “It may Continue Reading
Shell CEO van Beurden: there is more upside than downside for crude oil prices. Van Beurden sees ongoing tightness in crude oil supply. TotalEnergies CEO Pouyanne also stated that he Continue Reading
Shell on Monday told customers it would be unable to supply liquefied natural gas (LNG) cargoes from its Prelude facility off northwestern Australia due to industrial action over a pay Continue Reading
Political uncertainty is clouding prospects for new drilling in the Gulf of Mexico, but Shell SHEL -1.21%▼ PLC—the Gulf’s biggest producer—is still investing billions of dollars in its waters to Continue Reading
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 Continue Reading
Shell CEO van Beurden: spare capacity is running very, very low. van Beurden: demand for oil and gas is still recovering despite the current economic and pandemic challenges. Shell: it Continue Reading
Europe’s biggest oil firms are rushing to diversify their portfolios while expanding into green energy. Shell announced this week that it will begin selling electricity generated from renewable sources directly Continue Reading
Shell won official consent to develop the Jackdaw natural gas field in the UK North Sea, eight months after the country’s regulator blocked the project on environmental concerns. Shell Plc Continue Reading
Oil major Shell and utilities Naturgy (NTGY.MC) and Verbund (VERB.VI) are preparing binding bids to buy renewable energy assets in Spain valued at about 1 billion euros ($1.1 billion), three Continue Reading
Russia’s attack on Ukraine helped push the price of oil to over $100 a barrel for the first time since 2014. Here’s how rising oil costs could further boost inflation Continue Reading
The SCF Timmerman LNG tanker. Photographer: V. Tonic/Marine Traffic. Shell Plc decided to idle two liquefied natural gas vessels chartered from a Russian company, in the latest example of an Continue Reading
Shell (SHEL.L) faces further writedowns from exiting Russia over the country’s invasion of Ukraine, it said on Thursday, flagging that it had $0.4 billion in Russian downstream assets as well Continue Reading
Highlights Traders, refiners shunning Russian oil over Ukraine Shell lifts cargo at record low level in Platts MOC Shell promises to commit profits from Urals to humanitarian fund Shell explained Continue Reading
Shell will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the latest major Western energy company to quit the oil-rich country Continue Reading
Warns of more volatility if Russia hit by sanctions Calls on Europe to be ‘proactive’ on supply security LNG cargoes likely to continue to come to Europe Shell is prepared Continue Reading
Global trade in liquefied natural gas (LNG) in 2021 grew 6% year on year to 380 million tonnes as economies recovered from the economic impact of the COVID-19 pandemic, Shell Continue Reading
LNG trade rose 6% to 380 mil mt in 2021 China now world’s largest LNG importer US set to become world’s biggest exporter in 2022 Shell on Feb. 21 called Continue Reading
A cyber attack on a German oil storage and logistics firm has impacted Shell’s oil supply chain in Germany, where it is rerouting supplies to alternative depots, the supermajor said Continue Reading
Shell began trading with a single line of shares on Monday after the British oil major confirmed the assimilation of its A and B shares over the weekend as part Continue Reading
Royal Dutch Shell is aiming to produce liquefied natural gas with a bio-component for use in heavy vehicles within about two years. Trucks in Germany could soon be running on Continue Reading
Savion operates more than130 projects across US Purchase dips into Shell’s renewable fund In pursuit of achieving net-zero emissions by 2050, Shell plans to expand its global solar portfolio with Continue Reading
Royal Dutch Shell PLC (RDSa.L) shareholders are expected to vote on Friday to approve a plan to end the company’s dual share structure and move its headquarters to London from Continue Reading
Royal Dutch Shell PLC (RDSa.L) shareholders are expected to vote on Friday to approve a plan to end the company’s dual share structure and move its headquarters to London from Continue Reading
Proxy advisory firm Institutional Shareholder Service (ISS) recommended shareholders support Royal Dutch Shell’s (RDSa.L) plan to move its head office from the Netherlands to Britain, according to a document seen Continue Reading
Royal Dutch Shell (RDSa.L) has launched talks with investors to secure support for its plan to relocate its headquarters from the Netherlands to Britain, sources said, as a leading advisory Continue Reading
Shell has been threatened with an exit penalty by Dutch opposition parties after the energy company’s decision to end its dual share structure and move its tax base to the Continue Reading
Royal Dutch Shell Plc announced a major overhaul of its legal and tax structure that will see the company walk away from the Netherlands amid deteriorating relations with what’s been Continue Reading
On the eve of a pivotal global climate summit, the world’s oil giants have been swamped by calls from activists, investors and lawmakers to move faster to transform their businesses, cut Continue Reading
Royal Dutch Shell is on track to miss its own emission reduction targets in the coming decades, a new study shows. Royal Dutch Shell Plc is on track to miss Continue Reading
Royal Dutch Shell said on Friday it was seeing more demand at some of its fuel stations in Britain as worries about lorry driver shortages prompted drivers to fill up Continue Reading
The Brazilian subsidiary of Royal Dutch Shell (RDSa.L) will invest 3 billion reais ($565 million) in renewable energy in the country through 2025, executives said on Tuesday. Most of the Continue Reading
Royal Dutch Shell announced its ambition to produce around 2 million tonnes of sustainable aviation fuel (SAF) a year by 2025. It also aims to have at least 10% of Continue Reading
Royal Dutch Shell will build an 820,000-tonnes-a-year biofuels facility at the Shell Energy and Chemicals Park Rotterdam, the Netherlands, formerly known as the Pernis refinery. Once built, the facility will Continue Reading
Royal Dutch Shell is considering making it mandatory for workers in some operations to get COVID-19 vaccinations or risk being fired, an internal company document seen by Reuters shows. The Continue Reading
The Netherlands’ advertising watchdog ruled that a Royal Dutch Shell Plc advertising campaign that said customers can offset the carbon emissions from their fuel purchases is misleading. Shell offers customers Continue Reading
Royal Dutch Shell (RDSa.L) announced plans on Monday to develop a new oilfield in the Gulf of Mexico, its first major project to get the go-ahead since a Dutch court Continue Reading
Shell has today confirmed that it will appeal against a landmark court ruling requiring the oil giant to cut emissions faster than it had planned to. The Anglo-Dutch firm said Continue Reading
Shell to boost returns to 20%-30% of free cashflow Company to “retire” $65 bln net debt target Spending to stay below $22 billion in 2021 as planned Second quarter LNG Continue Reading
By the end of 2021, Royal Dutch Shell Plc (RDSa.L) will have just one operating crude oil refinery in the United States: The 227,400 barrel-per-day (bpd) refinery in Norco, Louisiana. Continue Reading
Royal Dutch Shell Plc (RDSa.L) plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp (XOM.N) , four people familiar with the talks told Reuters. Continue Reading
Royal Dutch Shell Plc hired a team of pricey lawyers for its defense against environmental activists in a Dutch court, and lost. A decade-old, $22 book might have upped their Continue Reading
A cadre of oil companies, seeing continued profits in shale, are mulling Royal Dutch Shell’s (RDSa.L) holdings in the largest U.S. oil field as the European giant considers an exit Continue Reading
Shell may put up for sale all of its acreage in the Permian in the latest step of a low-carbon push that was most recently spurred by a court ruling Continue Reading
Oil giant Royal Dutch Shell is reviewing its holdings in the largest oil field in the United States for a possible sale as the company looks to focus on its Continue Reading
Royal Dutch Shell PLC said it would accelerate its efforts to cut its carbon emissions in the wake of a Dutch court ruling last month ordering the oil giant to take Continue Reading
Climate lawyers are preparing to take on more fossil-fuel companies after a Dutch court ordered Royal Dutch Shell Plc to cut its emissions faster than planned, on the grounds that Continue Reading
Highlights Third refinery sale in a month Shell retains one US refinery Tighter EU ETS system in effect Shell on May 27 said it reached an agreement to sell its Continue Reading
Global oil and gas companies could be facing a major legal threat if the Dutch court ruling on Royal Dutch Shell sets an international precedent. In a case by Dutch Continue Reading
