Shell (LON: SHEL) will eliminate at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs, according to people with knowledge of the matter.
Shell (LON: SHEL) has been considering slowing the pace of its carbon emissions cuts as it updates its energy-transition strategy, according to people familiar with the matter.
Shell has awarded a service contract to Australian engineering firm Worley for work on its green hydrogen project at the Port of Rotterdam, which is set to be Europe's largest.
The Shell Pierce project in the UK North Sea is due to restart production later in March after a six-month outage.
A new report suggests Big Oil continues to link executive pay to increased fossil fuel production, even if this conflicts with energy transition targets and climate policies.
Woodside Energy Group Ltd. (ASX:WDS), Australia’s top liquefied natural gas exporter, expects consumption of the fuel to rise 50% over the next decade, pushing the supplier to consider further expansions.
The distinctive Altens building has been a prominent part of the city skyline for decades.
There are several “deals to watch” in the UK North Sea in 2024 as a general election looms and companies reshuffle their positions.
Onshore operations in Nigeria have long been a challenge for operators, with a laundry list of problems including political challenges, sabotage, bunkering and foreign exchange.
Valaris has revealed a number of contracts in UK waters in its latest fleet status report as it boasts a $3.9 billion backlog.
“Two or three years ago all you would hear about [from policymakers] was decarbonisation. Now, I think there’s much more balanced conversation around security of supply, affordability and decarbonisation,” Hill said.
Shell Plc (LON:SHEL) is looking to sell part of its stake in a wind farm it built off the coast of the Netherlands as the company aims to drive more value for shareholders.
Shell has confirmed a drilling contract for the Valaris 123 jackup rig for the Selene exploration well and Pensacola appraisal well.
Energy giant Shell has become the latest major firm to join an innovative wave power subsea project off Orkney.
A Norwegian project to bury carbon under the seas is getting backing from Germany
Shell Plc (LON:SHEL) maintained the pace of its share buybacks after a strong performance from its gas traders offset the impact of lower commodity prices in Q4.
“We are making ongoing evaluations to determine the exact size of these fields and continuously improve our estimates to determine commerciality.”
Tax incentives associated with the Energy Profits Levy may have encouraged Shell to move its Victory plans forward.
It intends to acquire 3D streamer seismic in addition to ocean bottom node (OBN) data. The latter provides “cleaner” data than that gathered by traditional seismic.
Dozens of contractors are today launching a fresh round of strikes at the Mossmorran Natural Gas Liquids plant in Fife.
An analyst firm has put Deltic Energy’s stake in the Shell-operated Pensacola discovery in the North Sea at $200m.
Shell has started to make hundreds of job cuts, with positions in its low-carbon solutions unit among the first to be eliminated, said people familiar with the matter.
The Shell appeal will be heard in The Netherlands beginning on April 2
Shell's Victory field has an estimated recoverable resource of 179 billion cubic feet of gas, equivalent to 7% of the UK’s annual natural gas consumption
Harbour Energy’s legal team has said their recent court case against Shell has underscored the “far reaching” impact of sanctions on Russia.