‘We need to try’: Aberdonians call to reuse Shell building to save carbon emissions from demolition
Activists have banded together to demand a rethink on plans to demolish a prominent landmark – for the sake of the environment.
Shell
Shell, Total flag Namibia as a major work in progress
“In September we’ll have the results of the first test, which is very important. Productivity per well is important, if it’s 15,000 barrels per day it’s fine, if it’s five, it’s not fine.”
Shell waiting on regulator to approve next stage of Brent decom plan
The boss of Shell (LON: SHEL) has given an update on the supermajor’s plans for decommissioning the iconic Brent Charlie platform.
Oil majors keep buybacks at the forefront even as profits plunge
Shell, TotalEnergies and Repsol announced combined buybacks of almost $6 billion on Thursday.
Penguins FPSO unlikely to head for North Sea before next year, says Shell CEO
Those eagerly awaiting the arrival of Shell’s (LON: SHEL) first new manned vessel in the UK for 30 years will have to wait a little longer after a delay to sailaway was confirmed.
Shell seeks Bonga drilling unit
It is aiming to award the contract and start the work somewhere between the third quarter of 2025 and the second quarter of 2026.
Shell profits cut by half as oil and gas prices cool
Supermajor Shell (LON: SHEL) is the latest oil and gas producer to see its profits diminish year-on-year after the heady heights of 2022.
Hot plays: Four upcoming UK North Sea exploration targets
We take a look at four North Sea exploration targets and hotspots from firms including NEO Energy, Shell, Harbour and Horizon Energy
Brent decommissioning: End of an era ‘quickly approaching’
With the Charlie platform being the only installation still in the famous Brent field, Shell’s (LON: SHEL) decommissioning construction manager says, “the end of an era is now quickly approaching".
Shell strikes deal to sell stake in slow-moving Abadi
"The decision to sell our participation in the Masela PSC is in line with our focus on disciplined capital allocation,” said Zoë Yujnovich, Shell’s Integrated Gas and Upstream Director.
Big Oil’s weak chemical margins add to pain of cheaper crude
Plunging margins for petrochemicals are set to take a bite out of Big Oil’s quarterly profits, adding to the pain companies are feeling from lower oil and gas prices.
ClientEarth loses suit targeting Shell directors
The Shell official went on to say the “claim is utterly misconceived and a clear misuse of the English courts. Should ClientEarth seek permission to appeal, we remain confident that the court will stand by its rulings.”
Shell HQ demolition will not save Doonies farm
With Shell announcing the demolition of its former Aberdeen base, some are calling for ETZ to change its plans and spare Doonie's Farm.
Assala’s up for grabs, but the model is proven
“That’s not cutting costs with a machete and being unsafe. We’re doing more with safe facilities. It’s not just good to cut costs and allocate that cash to other areas but it also facilitates financing of the company.”
Investors to run rule on Shell as ‘sin stocks’ prepare for H1 results
Investors are expected to put Shell “under the microscope”, says financial services firm Hargreaves Lansdown, amid questions about the oil giant's broader strategy.
‘Iconic building’ or ‘eyesore’? Readers react to Shell Aberdeen HQ demolition
News that Shell (LON: SHEL) will demolish its former Aberdeen HQ has sparked debate from readers on the legacy of the building - and rumours on its history.
Shell and SSE bosses join PM’s business council
The chief executives of Shell and SSE have been named as two of the 14 members of Rishi Sunak’s business council.
Shell reveals plans to demolish famous former Aberdeen HQ
The building has been a prominent landmark for decades.
Shell explores sale of stake in renewables unit
The deliberations come as CEO Wael Sawan focuses the company’s investments on fossil fuels.
Exclusive: Apache plans end to giant Forties oilfield with £200m spending cut
Apache has brought forward plans to end Forties, a foundation of North Sea production since the 70s, by 11 years.
Shell hands back licence next to major Pensacola find – in blow for Reabold
Shell (LON: SHEL) has given up on a Southern North Sea prospect, despite it being located directly next to the region’s largest find in a decade.
Shell, PTTEP dial up Sarawak drilling with Noble rig
One of those wells has been transferred to PTTEP for the Rotan NFE appraisal well, offshore Sabah. The drillship should begin this well in December 2023, with work taking 21 days.
Shell expects gas trading earnings slide in Q2 results
Shell reported steady performance ahead of its Q2 results, though expects “significantly less” trading revenues from its gas unit and slim profitability for its renewables business.
Shell, Petronas commit to Phase 10 at Egypt’s WDDM
Shell has a 25% stake in the Burullus Gas joint venture, which is the operator of WDDM. This supplies gas to the domestic market and to Egyptian LNG, at Idku.
McDermott wins Shell pipelay work in Sarawak
McDermott will carry out project management and engineering in Malysia. The company’s DLV2000 heavy lift and pipelay vessel will carry out the offshore installation.