Shell has ‘right to alter ownership structures’ on ScotWind
Reports have surfaced that Shell is looking to sell off its ScotWind leases after spending more than any other firm in the offshore wind leasing round.
Reports have surfaced that Shell is looking to sell off its ScotWind leases after spending more than any other firm in the offshore wind leasing round.
Shell (LON: SHEL) plans to sell leases it won to develop floating wind farms off the coast of Scotland, as the oil major continues to roll back a once-ambitious expansion into renewable power.
Shell has mobilised its Valaris 123 drilling unit to drill 2024’s first well at Deltic Energy’s (AIM:DELT) Selene prospect in in licence P2437.
The Scottish government has announced £2 million in funding for the Acorn carbon capture and storage (CCS) project centred on the St Fergus gas terminal.
The rumour mill has kicked into overdrive amid discussion that Repsol is considering the acquisition of NEO Energy, even while politics has overshadowed the energy sector. While some companies are moving away from the North Sea, others are choosing to stick it out, Ryan explains, on the basis that it can’t get any worse.
Aberdeen-based engineering firm Wood has secured a contract with Shell for work on the Prelude floating liquified natural gas (FLNG) facility in Western Australia.
Shell Plc (LON:SHEL) expects as much as $2 billion of impairments in its second-quarter earnings related to a delayed biofuels plant under construction in the Netherlands and its chemicals facility in Singapore.
Shell Plc (LON:SHEL) has temporarily paused construction of a biofuels plant in the Netherlands in order to seek ways to cut the cost of the project.
North Sea operator Orcadian Energy (AIM:ORCA) has announced an agreement for a further extension to its $1.4 million loan repayment to a Shell subsidiary.
Aberdeen's Mermaid Subsea Services UK has secured a multi-year decommissioning contract with North Sea operator Shell.
After a turbulent journey from China and more than a year in Norway, Shell's Penguins FPSO has now reached its position at its namesake field east of Shetland.
The Supreme Court's decision in the Finch case could have implications for North Sea oil and gas firms including Shell and Equinor.
A group of protesters set up banners outside of Shell's Aberdeen office to "expose the greenwash".
A senior executive at Shell's aircraft division has suggested the H225 Super Puma helicopter could return to the operator's list of approved aircraft later this year.
Shell (LON:SHEL) has put multiple contracts out to tender as it looks to decommission several of its North Sea projects.
Deltic Energy (AIM: DELT) has been granted an extension to progress discussions with potential buyers of its share in the UK’s Pensacola project.
Independent energy producer Viaro Energy is reportedly nearing a deal to buy Shell and ExxonMobil’s jointly-owned gas fields in the southern North Sea.
The latest images show how the iconic frontage of Shell's Tullos HQ has been dismantled.
Shell (LON: SHEL) is preparing to cut staff from its offshore wind business as Chief Executive Officer Wael Sawan moves the company away from the capital-intensive renewable energy sector.
Democrats are asking the US Department of Justice to investigate major oil companies and their trade groups following a congressional probe that concluded the industry spent decades deceiving the public about climate change.
Exxon Mobil Corp. and Shell Plc are among energy giants evaluating bids for a stake in Galp Energia SGPS SA’s major oil field offshore Namibia, according to people familiar with the matter.
Shell Plc shareholders approved the company’s new energy transition plan with weaker carbon-emissions targets, while rejecting a resolution asking the oil and gas giant to align itself with the goals of the Paris Climate Agreement.
More than 980 tonnes of material have been recycled or reused since workers began clearing out the Altens site in February.
To achieve a just transition workers in traditional energy sectors such as oil and gas must see a pathway to greener employment.
Parminder Kohli will replace David Bunch as the next UK country chair of Shell (LON: SHEL), the energy giant has announced.