Serica Energy plc (AIM: SQZ) has agreed a recommended acquisition of Pharos Energy plc (LON: PHAR) through a scheme of arrangement, valuing Pharos at £145.7 million.
Trump condemns Labour’s move to abandon North Sea oil
Donald Trump has called on Sir Keir Starmer to “open up” the North Sea and “eliminate windmills” as the incoming president criticised the UK Government’s energy strategy.
Shell’s profits soared to $14 billion as the company pivoted back to oil and gas.
Shell reported $14 billion (£10.9 billion) in profits for the first half of the year, driven by its strategic shift from renewables back to oil and gas.
Shell to incur $1bn loss after stopping work on biofuels plant
Shell anticipates a financial impact of up to $2 billion (£1.6 billion) after pausing construction on one of Europe’s largest planned biofuel plants and selling a refinery in Singapore.
At a contentious AGM, a fifth of Shell’s investors challenge the company’s climate policy.
At Shell’s tense annual general meeting held in London today, more than a fifth of the shareholders voted against the company’s climate strategy.
Shell exceeds expectations with a £6.1 billion profit.
Shell exceeded market forecasts with a profit of $7.7 billion (£6.1 billion) in the first three months of the year, surpassing expectations and declaring additional shareholder returns.
Shell Considers Moving Its Listing from London to New York
London might face a significant impact from the departure of listed companies, as Shell PLC’s (LSE:SHEL, NYSE:SHEL) leader Wael Sawan hinted at a potential move of its listing to the
Coro Energy PLC – Duyung PSC – Update re Mako Gas Field Resources
Coro Energy PLC, the South East Asian energy company with a natural gas and clean energy portfolio, notes the announcement released by Conrad Asia Energy Ltd (“Conrad” or the “Operator”),
Shell Allegedly Engaged in Covert Advocacy in Developing Nations
Shell is facing allegations of not being transparent about its associations with influential pro-fossil fuel advocacy groups in developing countries, including India, Vietnam, China, and the Philippines, as reported by
Coro Energy PLC (AIM:CORO) Vietnam Renewables Restructuring
Coro Energy PLC, the South East Asian energy company with a natural gas and clean energy portfolio announces, in anticipation of and in preparation for the rollout of the recently
Wood Group and Harbour Energy Collaborate on North Sea Agreement
Engineering consultancy Wood has secured a contract valued at $330m (£262m) with Harbour Energy, the leading oil and gas producer in the UK’s North Sea, as per the official announcement.
Coro Energy PLC (AIM:CORO) Receipt of ion Sale Proceeds & Philippines Update
Receipt of ion Sale Proceeds; Philippines Meteorological Mast Procurement