Shell is an energy powerhouse with a robust LNG business, $30 / barrel breakeven, hyper-growth renewables arm, double A credit rating, and low valuation. In the next oil downturn, Shell may fare ...
Shell plc has a unique portfolio of assets and has continued to generate strong returns despite its investments in changing markets. The company is high-grading its core energy portfolio, and it has ...
Shell PLC (NYSE:SHEL) reportedly plans to invest around $1 billion in new oil blocks in Angola. The chairman of the oil regulator stated that the move reflects the southern African nation’s aim to ...
Port Harcourt, NIGERIA — On a sweltering afternoon in October, a group of farmers arrived by boat to Bodo, a fishing and farming community in Nigeria's oil-producing region of the Niger Delta. The ...
Shell and INEOS Energy have struck oil at a deepwater exploration well in the U.S. Gulf of Mexico, confirming a new discovery in the high-pressure Norphlet formation ...
ABUJA, Nigeria (AP) — A new oil spill at a Shell facility in Nigeria has contaminated farmland and a river, upending livelihoods in the fishing and farming communities in part of the Niger Delta, ...
Reuters: Shell plans to reduce its oil and gas exploration and development staff by 20%. The new cuts follow Shell’s earlier moves to reduce its workforce in the renewable and low-carbon segment.
LONDON, March 3 (Reuters) - Shell (SHEL.L), opens new tab is reviewing its current plan to reduce oil output by 1% to 2% per year by 2030, Chief Executive Officer Wael Sawan told the Times, against ...
British oil giant Shell won a major court victory on Tuesday when a Dutch appeals court overturned a landmark 2021 case brought by green groups that found the company partially responsible for climate ...
Shell is suing Greenpeace for $2.1 million in damages after the environmental group’s activists boarded the company’s oil production vessel in transit at sea this year, according to Greenpeace and a ...
The two European companies reported earnings totaling nearly $20 billion, partly on higher energy prices as Russia’s war in Ukraine continues. By Stanley Reed Gargantuan profits continue to roll in at ...