“As political and policy volatility becomes a feature of the operating landscape, even private companies with a high risk appetite could be facing binding constraints when seeking to invest in Vaca Muerta and offshore plays,” the analyst said.
Shell’s recent crossover with the popular video game Fortnite has sparked controversy around the advertisement of hydrocarbons to children.
Shell agreed to buy liquefied natural gas from Qatar for 27 years to the Netherlands, marking the Gulf nation’s second major contract to supply fossil fuel to Europe beyond 2050.
Shell Plc (LON: SHEL) chief executive officer Wael Sawan told the company’s staff that he “believes in urgent climate action,” despite shifting focus toward its core oil and gas businesses.
Shell shares hit a record high as rising energy prices and the new CEO’s stronger focus on the core oil and gas business attracted investors.
The union is set to ballot 140 Kaefer contractors at Shell's Mossmorran gas plant in Cowdenbeath as part of a pay dispute.
“I hope this marks the beginning of Sarawak’s very own venture into oil and gas production – by Sarawak, for Sarawak,” the premier said. He called for the companies to rename the field as the “Grand New Lady of Sarawak”.
Shell reduced the scope of the contract “for cause” in March this year, alleging breaches of contract by Sapura Offshore.
Shell’s UK arm has acquired two fluid manufacturing brands in a bid to expand its offering to the renewable electricity, battery and electric vehicle sectors.
Shell (LON: SHEL) said its earnings from gas trading rebounded in the third quarter from the dip seen in the prior period.
Opportunities for M&A in the North Sea have opened up through a series of deals, an asset exit and a firm entering administration.
“I’ll be unequivocal here, we are fundamentally leaning in to develop the energy system of the future and we will do it profitably.”
Shell (LON: SHEL) CEO Wael Sawan has come under pressure from within his own company urging him not to scale back renewables investment.
From Ithaca's Cambo to Shell's Victory, and everything in between…
Young said his country would work with Venezuela “to advance the development and production of Venezuelan natural gas for export and utilisation in Trinidad and Tobago. We have reached a significant agreement and milestone.”
“This new partnership in Block 3 empowers KUFPEC to boost its offshore assets and exploration activities in Egypt.”
Shell (LON:SHEL) has been forced to halt a unit at Europe’s biggest oil refinery, potentially curbing supply of diesel in a tight market.
It’s touted by some as possibly the world’s biggest-ever deep-water oil find.
The demolition of the huge former Shell HQ in Aberdeen is estimated to cost £10 million.
It comes weeks after the firm received final bids for its SNS gas fields, and after exiting the Northern Endurance carbon capture and storage project.
Dozens of North Sea oil and gas workers have ceased a long-running union dispute after securing a pay rise of up to £9,000 each.
North-East Scotland College (Nescol) is receiving millions of pounds in private and government investment to help people into energy transition jobs.
Shell (LON: SHEL) has commenced drilling at its 100% owned Jackdaw field in the Central North Sea with the Valaris 122 jack-up rig.
The Acorn CCS project in Aberdeenshire is to expand after being awarded fresh carbon storage licences in the North Sea.
Ithaca Energy CEO Alan Bruce discusses the farm-out, work on the Cambo FID and why the UK should be a bit more Norway. . .