Sweet 16: The key North Sea projects due to come onstream before 2027
A host of major oil and gas projects dotted around the North Sea are due to start-up production in the next few years.
Shell
Bechtel to decarbonise Shell’s Idku under unified power plan
The agreement follows a memorandum of understanding (MoU) signed at the same conference in 2022.
From love letters to relationship advice, activists share the love this Valentine’s Day
The 14th of February is all about sharing the love and letting those closest to you know how you feel, and activist groups have not held back in sharing their views this Valentine's Day.
Activists disembark Shell Penguins FPSO as vessel arrives in Norway
Activists from the climate group Greenpeace have left the Shell (LON: SHEL) Penguins FPSO after almost a fortnight onboard.
Shell board hit with investor lawsuit over lack of climate ambition
Shell (LON: SHEL) faces a new front in climate litigation as a group of frustrated shareholders launch a lawsuit against the oil giant’s board in the UK.
Shell Pensacola discovery opens ‘new play fairway’ in North Sea
The largest discovery in a decade for the region will now open up more than a dozen other prospects in the Southern North Sea.
Shell Penguins FPSO takes shelter ‘due to deteriorating weather conditions’
That is despite claims from environmental group Greenpeace that protestors on-board have “interrupted” Shell’s “business as usual”.
Shell hits region’s largest gas find in a decade at Pensacola
Deltic Energy has reported a significant gas and oil discovery at the Shell-operated Pensacola prospect in the Southern North Sea.
Shell hits Greenpeace protestors on Penguins FPSO with injunction
Shell (LON: SHEL) has filed an injunction against two Greenpeace vessels in a bid to deter protestors who have now been on board its Penguins FPSO for 100 hours.
$24bn subsea spend eyed in Asia Pacific over next five years
Some $24 billion is expected to be spent on subsea and offshore pipelines in Asia Pacific over the next five years, data from energy research firm Wood Mackenzie shows.
‘Stability through thick and thin’ key to future investments, says Shell CEO
Shell’s (LON: SHEL) top boss has made a plea for “stability” as calls for an escalation to the North Sea windfall tax continue to circle.
More climate litigation coming for directors
“Personal claims against directors may be a potential area of growth. Directors will have to take the threat seriously, as they have an impact on their professional and personal lives,” Calvert warned.
Shell profits could ‘come at a cost’ in form of ‘further windfall taxes’, warn analysts
News of Shell (LON: SHEL) recording record annual profits could come back to bite the oil and gas giant, as well as its counterparts.
Start-up confirmed Shell Pierce North Sea gas project
Production at the Pierce gas expansion project in the UK North Sea is now underway, Shell (LON: SHEL) has confirmed.
Shell faces additional Niger Delta environmental claims
“It is high time that it addressed the ongoing pollution caused to these communities by its operations. The question must be asked whether Shell simply plans to leave the Niger Delta without addressing the environmental disaster which has unfolded under its watch?”
Shell sets new record as annual profits more than double to $40bn
Shell (LON: SHEL) has hit a new all-time earnings high after the supermajor more than doubled its year-on-year profits.
‘High interest’ in Hartshead’s Southern North Sea gas plays
Hartshead Resources says it has received “high interest” from parties keen to partner up on a pair of UK gas fields.
Shell is selling ‘carbon neutral’ fossil fuels again
Emboldened by new industry guidelines, natural gas companies are renewing their efforts to sell “carbon neutral” fossil fuels, a controversial practice of offsetting a shipment’s emissions to shrink its environmental impact.
Upstream M&A in Southeast Asia: will the oil and gas majors divest in 2023?
Will 2023 see the majors, including ExxonMobil, Chevron, Shell, BP, ConocoPhillips, TotalEnergies, and Eni, divest upstream oil and gas assets in Southeast Asia?
Watch: Protestors board North Sea-bound Shell Penguins FPSO
Greenpeace protestors have boarded a Shell (LON: SHEL) FPSO – destined for the North Sea - in the Atlantic Ocean, just north of the Canary Islands.
Norway’s wealth fund cuts big oil holdings in profit taking move
Norway’s $1.3 trillion sovereign wealth fund took profit on the world’s biggest oil and gas companies after a run up in energy prices in 2022.
Brunei set to expand long-term LNG supply to Japan
Brunei LNG will start supplying liquefied natural gas (LNG) to Japan Petroleum Exploration Co. (JAPEX) from April as the company seeks to stabilise finances by boosting shipments to its largest export destination, reported Nikkei Asia.
Shell profits expected to dip from recent highs after gas price drop
New chief executive Wael Sawan is unlikely to be introduced to shareholders alongside another set of record profits, but Shell (LON: SHEL) will have continued to benefit from massively high energy prices in the last months of 2022.
Shell to combine business units as Sawan shakes up top team
Oil and gas giant Shell (LON: SHEL) has announced plans to shrink its executive committee in a bid to simplify “how the organisation works”.
Shell, Total appraisals under way off Namibia
Shell spudded the Jonker well in December. “I’m not saying anything apart from to say it is going well, it is going very well,” Shino said to applause.