Reabold Requisition group pledges to stop ‘knee jerk’ decision making
One of the individuals hoping to takeover control of oil and gas firm Reabold Resources (LON: RBD) say they plan to “stop the knee jerk” decision making.
Shell
Ceres looks to hydrogen ‘gigafactories’ to aid global decarbonisation
Hydrogen will unquestionably play a key role in the energy transition – but to do so will require the rapid expansion of equipment to produce, store, transport and consume it.
Nigeria loses bid for OPL 245 damages from Shell, Eni
An appeals court in Milan has rejected Nigeria’s claims for damages stemming from the OPL 245 scandal, ordering the government to pay costs.
Watch: Decommissioning of Shell Curlew FPSO gets underway in Norway
Work to break up and recycle a massive vessel, which served the UK North Sea for more than 20 years, has begun in Norway.
New Shell HQ won’t have canteen to encourage spending in Aberdeen city centre cafes
Energy giant Shell (LON: SHEL) has revealed its Union Street office won’t have a gym or canteen – encouraging staff to inject cash into the city centre.
Shell non-exec and former Nexen boss joins board of drilling contractor Valaris
A senior figure at oil giant Shell (LON: SHEL) has been appointed to the board of offshore drilling contractor Valaris (NYSE: VAL).
Watch: Boxing legend Amir Khan urges shareholders to deliver knockout blow to board of North Sea firm
A rebel investor group - that is hoping to oust the board of a North Sea oil and gas company - has secured backing from an unlikely supporter.
Sunak urged to scrap ‘absurd’ windfall tax ‘giveaway’
Rishi Sunak has come under fire over a windfall tax on oil and gas firms enacted during his time as Chancellor, as Shell confirms it made no additional payments thanks to generous investment rebates.
Reabold bosses pledge to ‘start addressing’ low share price ahead of crunch vote
Bosses at Reabold Resources (LON: RBD) have pleaded with shareholders to “stick with” them ahead of a crunch vote next week.
Shell, BP, TotalEnergies face many pitfalls on decarbonisation journey, says Moody’s
Oil and gas investments by Europe’s three largest integrate energy companies are likely to remain significant through to 2030.
Oil majors’ share of UK production poised to grow, boosted by Jackdaw and Rosebank
Oil and gas majors’ share of production in the UK is tipped to rise dramatically in the coming years, putting an end to a period of flux.
UK well-slot: Could Orlov be a hero for Shell?
As of 27 October, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS and two in the NNS. One appraisal well is currently active in the CNS. One well completed at Serenity.
Shell explores joint venture for open-source CCUS in China
Shell (LON:SHEL) has signed a memorandum of understanding (MoU) with Sinopec, Baowu and BASF to explore the feasibility of developing an open-source carbon capture, utilisation and storage (CCUS) project in the East China region.
Shell on road to Victory as it completes takeover of Corallian from Reabold
Supermajor Shell (LON: SHEL) has formally completed the acquisition of West of Shetland operator Corallian Energy.
‘Lifesavers’: The importance of allies for underrepresented people
The importance of allies for underrepresented people in the energy sector was a key takeaway from SPE Aberdeen's 'You & I and Our Workplace' event.
Shell completes Malampaya gas divestment in Philippines
Shell (LON:SHEL) has completed the sale of its Malampaya gas field in the Philippines to Prime Infrastructure Capital following regulatory approvals and consent from joint venture partners.
Reabold to farm into Shell North Sea licence near Pensacola target
Reabold Resources (LON: RBD) has announced plans to farm-in to a Shell North Sea licence near the hotly-tipped Pensacola prospect to be drilled next month.
NSTA investigation launched as oil firm suspected of licence breach
An investigation has been launched into whether a North Sea operator has reneged on its licence commitments after failing to drill a well.
‘Wasn’t that tough?’: Ben van Beurden reflects on nearly a decade as Shell CEO
Outgoing Shell (LON:SHEL) chief executive, Ben van Beurden, hosted his final quarterly results media presentation yesterday, reflecting on his time at the helm of the supermajor.
Biden urges oil companies to cut prices after Shell’s profit doubled
President Joe Biden criticised record energy company profits after Shell announced its second-highest earnings ever while raising its dividend and expanding buybacks.
Shell paid nothing in Q3 windfall tax due to investment in North Sea
Shell (LON: SHEL) paid nothing in UK Government windfall tax during Q3 as a result of its investment in the North Sea, the oil giant has confirmed.
Shell confirms delay to Pierce North Sea project but first gas expected by year-end
Shell (LON:SHEL) is now targeting first gas from its Pierce redevelopment by the end of the year after confirming more delays at the North Sea project.
Despite pipeline woes, Seplat on the up
Seplat Energy has recorded a strong increase in financial metrics, even while the company struggled to export production in the face of pipeline interruptions.
Shell earnings slide on Q2 amid lower crude, higher gas prices
Shell (LON:SHEL) reported quarterly results below the bumper levels of the last quarter, but said it would hike its dividend and launch another $4 billion buyback programme.
New questions arise on decom fate for controversial Shell Brent legs
Fresh questions have risen on whether Shell will be allowed to leave the huge legs of the Brent field in the North Sea.