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Shell Posts $9.5 Bln Profit, Plans to Boost Dividend
Shell on Thursday posted a third-quarter profit of $9.45 billion, easing from the previous quarter's record high due to weaker refining and gas trading, as it a…
Oil&Gas Drilling
Liz Truss Resigns, Becomes the Shortest Serving Prime Minister in History
New UK PM Liz Truss, the former oil economist for Shell, tendered her resignation on Thursday, just days after putting forward a budget that wreaked havoc in th…
Australia
ARENA and Shell Energy to Demonstrate Commercial Flexibility in Australia
Shell Energy’s ‘Commercialising Smart Energy Hubs’ project will recruit at least 40 commercial and industrial (C&I) customer sites to demonstrate flexible de…
Australia
Shell, Foresight Enter Joint Venture to Develop 370MW RE Projects in Australia
The projects include wind and solar farms, and battery storage.
Oil Pipeline
Shell Investigates in Nigeria After Report of Nine-Year Oil Theft
Oil major Shell's Nigerian subsidiary is investigating reports that an illegal oil tap ran for nine years on a pipeline it operates, a spokesperson said on Wedn…
Natural Gas
Shell Warns Weak Earnings From Gas Trading Could Impact Profits
Shell warned that third-quarter profits would be dented after it weathered a sharp rise in refining costs and weaker earnings from natural gas trading.
Oil Giant Shell Snaps up African Solar Provider Daystar Power
Oil giant Royal Dutch Shell will purchase African solar provider Daystar Power as it expands its global renewables portfolio, the companies said on Wednesday.
CCS
Shell Leads Push for Carbon Capture
The company is in pole position for CCS projects out of the fossil fuel companies, a report states.
Coal Mine
Can South Africa Kick Its Coal Addiction?
A South African court has ruled that Shell will not be allowed to go ahead with its offshore oil and gas exploration project off the Indian Ocean Coast.
Natural Gas
Exxon and Shell Look To Sell $1.5 Billion Natural Gas Venture
Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5…
Natural Gas
Shell Greenlights Malaysian Giant Offshore Gas Project
Production start-up for Sarawak scheme is expected in 2026
United Kingdom
UK Energy Market Regulator Says Shell to Refund Overcharged Customers
Shell Plc's UK consumer gas, electricity and broadband operations business will pay 536,970 pounds ($635,181.81) to customers it has overcharged on its default …
LNG
Shell, Unions Reach Deal to End Strike at Prelude FLNG off Australia
Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and re…
Oil Refinery
Shell Cuts Output at German Refinery as Rhine Is Drying up
The company has cited the “low water level” of Rhine as the reason for its decision
Paris Climate Agreement
Decarbonization Scenarios Outlined by Energy Companies Incompatible With Paris Agreement Goals
Decarbonisation scenarios produced by BP, Royal Dutch Shell and Equinor are incompatible with Paris Agreement goals for a safe and habitable planet.
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