Shell shareholders were met with a strong statement, “Welcome to hell,” as climate activists gathered outside the oil giant’s annual general meeting.
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
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
Shell profits possibly largest ever by UK-domiciled company
The company posted a record $39.9bn annual profit (£32.2bn), beating the previous record of $28.4bn, (£22.9bn), set in 2008.
Europe’s Fossil Fuel Use Is Set to Plummet in 2023
As the European Union focuses on renewable energy sources to replace Russia’s energy supply, the amount of electricity generated from fossil fuels is expected to plummet.
Shell considers quitting the energy market, threatening up to 2,000 jobs in the UK
Shell Energy is threatening up to 2,000 jobs in the UK after it announced that it was looking at quitting the energy industry.
Households will pay £500 less than feared on their energy bills in the second half of this year
After the war in Ukraine, gas prices fell to their lowest level since before then.
By 2026, natural gas-only boilers could be banned
According to government consultation, the transition to hydrogen-ready models could be accelerated.
Shell Is Selling Stakes in UK North Sea Oil Fields
According to Bloomberg News marketing materials, Shell Plc has decided to sell its stakes in North Sea oil fields.
Diversified Energy (AIM:DEC) Third Quarter 2022 Trading Statement
Diversified Energy Company PLC (LSE:DEC) is pleased to announce it is trading in line with expectations and provided the following operations and trading update for the quarter ended 30 September