Shell shareholders were met with a strong statement, “Welcome to hell,” as climate activists gathered outside the oil giant’s annual general meeting.
French gas reserves fall to lowest in Europe
France’s gas reserves have reached the lowest level in Europe after widespread strikes protesting President Emmanuel Macron’s proposed pension reforms impacted imports.
Shell reports unprecedented first-quarter earnings of nearly $10 billion
In the first quarter of this year, Royal Dutch Shell achieved an all-time high in profits, amassing over $9.6 billion (£7.6 billion) despite a decline in oil and gas prices
When concessions expire, Norway intends to nationalize gas pipelines.
The Norwegian Ministry of Oil and Energy announced on Friday that it plans to nationalize a majority of its gas pipeline network by the time many current concessions expire in
Synergia Energy Ltd – Update on Farm Out Process
Synergia Energy Ltd (the “Company” or “Synergia”) notes that it has received a non-binding expression of interest for the acquisition of up to 51 per cent. participating interest, and operatorship,
Shell has launched a redeveloped oil and gas field in the North Sea
Shell gas field in the North Sea has the potential to supply gas to one million homes. Previously, the Pierce field was solely used for oil production, with gas being
Energy suppliers have been instructed to ensure that body cameras are worn during visits to prepayment meters.
To safeguard vulnerable customers, the energy regulator has mandated that energy retailers wear body cameras during prepayment meter visits, as part of new measures.
Synergia Energy Ltd (AIM:SYN) Cambay Update
Synergia Energy Ltd (the “Company” or “Synergia”) is pleased to provide the following update concerning the Cambay PSC.
Could the UK be facing a ransom situation in the power market?
An investigation by Bloomberg News alleges that certain traders at firms such as Vitol, Uniper, and SSE have used a rather blunt approach to tackle the UK energy crisis: pay
Last year, energy companies in the UK installed 94,000 prepayment meters through mandatory measures
According to the government, Scottish Power, British Gas, and Ovo were accountable for 70% of the compulsory installations.
Despite facing criticism, the CEO of British Gas has been awarded a bonus of £3.7 million.
Centrica, the owner of British Gas, has announced that its CEO, Chris O’Shea, will receive bonuses totalling £3.7 million after the company achieved record profits in 2022.