Oil prices slipped on Tuesday as a deepening global market sell-off piled onto an already heavy mix of supply concerns and geopolitical pressure.
Oil prices slipped on Tuesday as a deepening global market sell-off piled onto an already heavy mix of supply concerns and geopolitical pressure.
FTSE 100 Closes at Record High as Energy Stocks Surge on New Russia Sanctions
Russian Stocks Slide as US Sanctions Hit Rosneft and Lukoil
FTSE 100 Hits Record High as Energy and Corporate Earnings Drive Gains
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
The company posted a record $39.9bn annual profit (£32.2bn), beating the previous record of $28.4bn, (£22.9bn), set in 2008.
Shell Energy is threatening up to 2,000 jobs in the UK after it announced that it was looking at quitting the energy industry.
According to Bloomberg News marketing materials, Shell Plc has decided to sell its stakes in North Sea oil fields.
This could signal that the record-breaking earnings run by the energy giant may be over.
Germany has taken control of a Russian-owned major oil refinery. Moscow may retaliate as Berlin tries to boost energy supplies and fulfil its European Union commitment to end Russian oil
Angus Energy (AIM: ANGS) is pleased to announce the appointment of Krzysztof Zielicki as a Non-Executive Director on the Board of the Company. Krzysztof brings over 40 years of experience
Putin’s attempt to take over industry brings the country back to its Soviet-era command economy.