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Oil & Gas Trade
Oil Trader Faces Lawsuit Over Company Hit by US-Iran Sanctions
The energy trader seeking to buy UK gas assets from Shell Plc and Exxon Mobil Corp. was sued over allegations that he diverted money from an Iranian petrochemic…
Oil & Gas Trade
Shell Wins Appeal in Dutch Climate Suit
The Hague Court of Appeal on Tuesday agreed with Shell PLC that the company could not be legally forced to set a specific emissions target, overturning a 2021 r…
Hydrogen Storage
Tno: Dutch Consortium Participates in EU Research Project on Large-Scale Hydrogen Storage in Depleted Gas Fields
In the future energy system, which is primarily going to rely on wind and solar power, large-scale underground hydrogen storage will be essential to ensure the …
Wind Power Project
Philippine Company Acquires Shell’s Stake in 3 Offshore Wind Projects, Becomes Sole Owner
Philippine renewable energy holding company Alternergy Holdings Corporation (ALTER) has acquired full ownership of three offshore wind projects in the Philippin…
Russian Federation
Concreting Completed Of Outer Containment Dome At Akkuyu-1
Akkuyu-1Construction workers at the Akkuyu nuclear power station being built by Russia’s state nuclear corporation in Turkey have completed the concreting…
Oil & Gas Trade
Saudi Arabia’s Wafi Energy Holding buys majority stakes in Shell Pakistan
Dubai: Saudi Arabia’s Wafi Energy Holding acquires a majority stake in Shell Pakistan following Shell Petroleum Co., a subsidiary of global Shell plc, com…
Oil & Gas Trade
Shell Q3 Profits Of $6 Billion Beat Forecast As Gas Offsets Weak Refining
Shell reported on Thursday third quarter profits of $6 billion that exceeded forecast by 12% as weaker refining and oil trading results were offset by higher ga…
Oil & Gas Trade
Nigeria Sees Objections to Shell Oil Asset Sale Resolved Soon
Nigeria’s upstream oil regulator found some issues with Shell’s proposed sale of its onshore assets to a consortium of local companies but they shou…
United States
Shell To Acquire 609mw CCGT Power Plant Owner RISEC In US
Shell to buy a 609MW CCGT power plant in the US. (Credit: Jason Mavrommatis on Unsplash)Shell Energy North America (SENA), a subsidiary of Shell, has agreed to …
Oil & Gas Trade
Nigeria Halts Shell Asset Sale, Approves Exxon-Seplat Deal
Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil , opens new tab, the cou…
United Kingdom
UK’s Largest PPA to Date Signed for 373 MW Solar Park
Quinbrook Infrastructure Partners announces two long-term agreements covering 100% of solar power generation at Cleve Hill Solar Park. British supermarket retai…
Photovoltaic (PV)
Quinbrook Signs UK Power Offtake Agreements With Tesco and Shell
The solar park will supply renewable energy to 102,000 homes annually.Quinbrook Infrastructure Partners has secured two significant offtake agreements for its 3…
LNG
Russia Seeks Over $1 Billion in Damages From Shell, Report Says
The Russian General Prosecutor's office was seeking to collect more than 1 billion euro ($1.09 billion) in damages from international energy major Shell (SH…
Oil & Gas Trade
US Regulator Denies Shell’s Request for Older Venture Global LNG’s Documents
A Shell logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 23, 2022. REUTERS/Denis Balibouse/Fil…
Floating Offshore Wind
South Korean Floating Wind Project Inks Transmission Agreement With KEPCO
The 1,125 MW MunmuBaram floating offshore wind farm, being developed by Hexicon and Shell in South Korea, has entered into a Transmission Service Agreement (TSA…
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