Shell overhauls leadership structure
- Shell PLC (LSE:SHEL, NYSE:SHEL) said it is overhauling its leadership structure with integrated gas and upstream director Zoë Yujnovich stepping down from its executive committee. She is being replaced on the committee by Cederic Cremers, the newly titled president of the integrated gas division, and Peter Costello, president of the upstream arm.
- 03/04/2025
|
Shell overhauls executive team, integrated gas and upstream director to leave
- Shell's Director of Integrated Gas and Upstream, Zoe Yujnovich, will step down at the end of the month after more than a decade with the oil major, it said on Tuesday.
- 03/04/2025
|
Shell plc announces changes to the Executive Committee
- Shell plc announces changes to the Executive Committee London, March 4, 2025 − In line with its ongoing transformation, Shell announces further changes to its Executive Committee and leadership structure to support its strategy to deliver more value with less emissions. “We have made significant progress in the last two years building stability with a track record of strong performance and active portfolio management, while simplifying our business,” said Chief Executive Officer Wael Sawan.
- 03/04/2025
|
Transaction in Own Shares
- Transaction in Own Shares 03 March, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 03 March 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 03/03/2025 800,000 £ 26.8050 £ 26.5350 £ 26.6638 LSE GBP 03/03/2025 100,000 £ 26.8000 £ 26.5600 £ 26.6661 Chi-X (CXE) GBP 03/03/2025 100,000 £ 26.8000 £ 26.5500 £ 26.6673 BATS (BXE) GBP 03/03/2025 560,000 € 32.7050 € 32.4000 € 32.5539 XAMS EUR 03/03/2025 100,000 € 32.6900 € 32.4050 € 32.5489 CBOE DXE EUR 03/03/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 03/03/2025
|
Shell mulls sale of European, US chemicals assets, WSJ reports
- Shell is considering a potential sale of its chemicals assets in Europe and the United States, the Wall Street Journal reported on Sunday, citing sources familiar with the matter.
- 03/02/2025
|
Transaction in Own Shares
- Transaction in Own Shares 28 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 28 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 28/02/2025 769,444 £ 26.5050 £ 26.1700 £ 26.3260 LSE GBP 28/02/2025 127,529 £ 26.5200 £ 26.1800 £ 26.3202 Chi-X (CXE) GBP 28/02/2025 132,234 £ 26.5150 £ 26.1700 £ 26.3188 BATS (BXE) GBP 28/02/2025 574,436 € 32.3100 € 31.9150 € 32.1054 XAMS EUR 28/02/2025 116,644 € 32.3350 € 31.9500 € 32.1069 CBOE DXE EUR 28/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/28/2025
|
Not Just China: 3 European Stocks Gaining Investor Interest
- American investors are feeling the impact of tariff threats, as hedge funds funnel money away from domestic tech to international competitors. However, it isn't just Chinese competitors who are benefiting from the inflationary and tariff squeeze concerns facing the United States—investors are also taking a renewed interest in top European stocks.
- 02/28/2025
|
Transaction in Own Shares
- Transaction in Own Shares 27 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 27 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 27/02/2025 694,416 £ 26.6450 £ 26.3500 £ 26.4850 LSE GBP 27/02/2025 100,000 £ 26.6400 £ 26.3850 £ 26.4915 Chi-X (CXE) GBP 27/02/2025 100,000 £ 26.6500 £ 26.3900 £ 26.4939 BATS (BXE) GBP 27/02/2025 565,804 € 32.5200 € 32.1050 € 32.2734 XAMS EUR 27/02/2025 100,000 € 32.5250 € 32.1250 € 32.2801 CBOE DXE EUR 27/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/27/2025
|
Shell Forecasts a 60% Surge in Global LNG Demand by 2040
- SHEL expects the global LNG demand to rise by 60% by 2040, primarily due to rising Asian demand.
- 02/27/2025
|
Electric Guitar shell gets capital injection as it pursues deals
- Electric Guitar PLC (AIM:ELEG), which is currently a shell, announced a small injection of capital as it works toward pursue a new acquisition strategy. It has secured £45,000 from Sanderson Capital Partners, already a substantial shareholder, and £10,000 from non-executive director Grahame Cook via an issue of convertible (with the investors also granted warrants, and ‘first refusal' on any equity or debt raises by the company within 18 months).
- 02/27/2025
|
Transaction in Own Shares
- Transaction in Own Shares 26 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 26 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 26/02/2025 800,000 £ 26.4900 £ 26.2250 £ 26.3895 LSE GBP 26/02/2025 100,000 £ 26.4850 £ 26.2350 £ 26.3927 Chi-X (CXE) GBP 26/02/2025 106,485 £ 26.4850 £ 26.2300 £ 26.3835 BATS (BXE) GBP 26/02/2025 567,488 € 32.1600 € 31.8450 € 32.0507 XAMS EUR 26/02/2025 105,963 € 32.1650 € 31.8700 € 32.0540 CBOE DXE EUR 26/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/26/2025
|
Director/PDMR Shareholding
- NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES February 26, 2025 Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have received the number of shares as set out below. 50% of the PDMR's annual bonus is delivered in cash and 50% is delivered in shares.
- 02/26/2025
|
Adia Nutrition Announces Successful Removal of Shell Risk Designation by OTC Markets, Advancing Toward OTCQB Uplisting
- Winter Park, Florida--(Newsfile Corp. - February 26, 2025) - ADIA Nutrition Inc. (OTC Pink: ADIA), a leader in innovative nutritional products and regenerative medical treatments, is excited to announce that it has successfully removed its shell risk designation from OTC Markets, a pivotal achievement on its accelerated journey to uplist from the OTC Pink Sheets to the OTCQB Venture Market. The company extends its heartfelt gratitude to OTC Markets for their collaboration and swift action in facilitating this milestone, reinforcing Adia Nutrition's commitment to transparency, growth, and enhanced investor visibility.
- 02/26/2025
|
Transaction in Own Shares
- Transaction in Own Shares 25 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 25 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 25/02/2025 850,000 £ 26.5600 £ 26.2250 £ 26.4058 LSE GBP 25/02/2025 100,000 £ 26.5400 £ 26.2350 £ 26.4148 Chi-X (CXE) GBP 25/02/2025 150,000 £ 26.5600 £ 26.2250 £ 26.3767 BATS (BXE) GBP 25/02/2025 660,000 € 32.2750 € 31.8400 € 32.0701 XAMS EUR 25/02/2025 150,000 € 32.2750 € 31.8550 € 32.0324 CBOE DXE EUR 25/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/25/2025
|
Shell-BP Merger Buzz: A Trend Shaping the Future of Big Oil
- As Shell and BP merger rumors swirl, industry giants are consolidating to stay competitive. A new wave of oil mergers is changing the future of global energy.
- 02/25/2025
|
Exclusive: Trinidad to seek US extension for Shell's gas project in Venezuela
- Trinidad and Tobago plans to ask U.S. President Donald Trump's administration to extend a license for Shell and Trinidad's National Gas Company (NGCTT.UL) to develop a key gas project in Venezuela, four sources close to the preparations said.
- 02/25/2025
|
Shell expects 60% rise in global LNG demand by 2040
- Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday.
- 02/25/2025
|
Transaction in Own Shares
- Transaction in Own Shares 24 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 24 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 24/02/2025 950,000 £ 26.4650 £ 26.1850 £ 26.2987 LSE GBP 24/02/2025 100,000 £ 26.4650 £ 26.1950 £ 26.3092 Chi-X (CXE) GBP 24/02/2025 116,379 £ 26.4650 £ 26.1850 £ 26.2930 BATS (BXE) GBP 24/02/2025 590,000 € 32.1650 € 31.8400 € 31.9889 XAMS EUR 24/02/2025 136,169 € 32.1600 € 31.8450 € 31.9809 CBOE DXE EUR 24/02/2025 26,059 € 31.9900 € 31.8550 € 31.9290 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/24/2025
|
Transaction in Own Shares
- Transaction in Own Shares 21 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 21 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 21/02/2025 1,441,279 £ 26.7850 £ 26.3450 £ 26.4983 LSE GBP 21/02/2025 41,942 £ 26.7700 £ 26.3700 £ 26.5398 Chi-X (CXE) GBP 21/02/2025 41,655 £ 26.7850 £ 26.3800 £ 26.5447 BATS (BXE) GBP 21/02/2025 829,262 € 32.5250 € 32.0650 € 32.2438 XAMS EUR 21/02/2025 25,430 € 32.4950 € 32.1000 € 32.2807 CBOE DXE EUR 21/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/23/2025
|
Shell & Tube Heat Exchangers Market is Forecasted to Reach US$ 5.0 Billion in 2030, Says Stratview Research
- Detroit, Feb. 21, 2025 (GLOBE NEWSWIRE) -- The global Shell & Tube Heat Exchangers Market is projected to witness a growth rate of 4.3% annually from 2024 to 2030, with an anticipated size of US$ 5.0 billion by 2030, according to an analysis by Stratview Research.
- 02/21/2025
|
Transaction in Own Shares
- Transaction in Own Shares 20 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 20 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 20/02/2025 913,270 £ 26.9350 £ 26.7150 £ 26.8167 LSE GBP 20/02/2025 49,119 £ 26.8800 £ 26.7300 £ 26.8169 Chi-X (CXE) GBP 20/02/2025 48,425 £ 26.9150 £ 26.7150 £ 26.8199 BATS (BXE) GBP 20/02/2025 645,218 € 32.6500 € 32.3400 € 32.5356 XAMS EUR 20/02/2025 28,708 € 32.6000 € 32.4700 € 32.5450 CBOE DXE EUR 20/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/20/2025
|
Cash tap will continue to flow at Shell, says investment bank
- Berenberg has reiterated its 'buy' rating on Shell PLC (LSE:SHEL, NYSE:SHEL), raising its price target to 3,250p from 3,150p, citing expectations of continued strong free cash flow and shareholder returns. It expects Shell's strategy update on March 25 to maintain its focus on capital discipline and free cash flow per share growth.
- 02/20/2025
|
Wood Group CFO quits over incorrect CV but wins Shell UK contract extension
- Investors did not know what way to turn after a curious 24 hours for John Wood Group PLC (LSE:WG.), which parted company with its new chief financial officer with immediate effect after important elements of his CV were found to be untrue.
- 02/20/2025
|
Transaction in Own Shares
- Transaction in Own Shares 19 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 19 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 19/02/2025 844,693 £ 27.0150 £ 26.7900 £ 26.8832 LSE GBP 19/02/2025 47,852 £ 26.9950 £ 26.8150 £ 26.8892 Chi-X (CXE) GBP 19/02/2025 47,552 £ 27.0150 £ 26.8050 £ 26.8886 BATS (BXE) GBP 19/02/2025 572,334 € 32.7900 € 32.4900 € 32.6034 XAMS EUR 19/02/2025 27,449 € 32.7700 € 32.5250 € 32.6188 CBOE DXE EUR 19/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/19/2025
|
Transaction in Own Shares
- Transaction in Own Shares 18 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 18 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 18/02/2025 881,144 £ 26.9300 £ 26.6800 £ 26.8067 LSE GBP 18/02/2025 67,289 £ 26.9400 £ 26.6900 £ 26.8284 Chi-X (CXE) GBP 18/02/2025 68,289 £ 26.9400 £ 26.7000 £ 26.8255 BATS (BXE) GBP 18/02/2025 591,302 € 32.5750 € 32.3150 € 32.4597 XAMS EUR 18/02/2025 57,147 € 32.5750 € 32.3900 € 32.4750 CBOE DXE EUR 18/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/18/2025
|
Shell (SHEL) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shell (SHEL) have what it takes?
- 02/17/2025
|
Transaction in Own Shares
- Transaction in Own Shares 17 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 17 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 17/02/2025 715,974 £ 26.9450 £ 26.6750 £ 26.8699 LSE GBP 17/02/2025 98,513 £ 26.9450 £ 26.6900 £ 26.8718 Chi-X (CXE) GBP 17/02/2025 97,880 £ 26.9450 £ 26.6900 £ 26.8726 BATS (BXE) GBP 17/02/2025 513,299 € 32.5200 € 32.1800 € 32.4285 XAMS EUR 17/02/2025 87,529 € 32.5100 € 32.1950 € 32.4222 CBOE DXE EUR 17/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/17/2025
|
Transaction in Own Shares
- Transaction in Own Shares 14 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 14 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 14/02/2025 710,527 £ 26.9350 £ 26.4250 £ 26.6936 LSE GBP 14/02/2025 90,906 £ 26.9350 £ 26.4800 £ 26.7035 Chi-X (CXE) GBP 14/02/2025 90,552 £ 26.9150 £ 26.4800 £ 26.7038 BATS (BXE) GBP 14/02/2025 514,758 € 32.4900 € 31.8850 € 32.1967 XAMS EUR 14/02/2025 89,097 € 32.4650 € 31.9200 € 32.2010 CBOE DXE EUR 14/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/14/2025
|
Transaction in Own Shares
- Transaction in Own Shares 13 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 13 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 13/02/2025 1,094,760 £ 26.5700 £ 26.2550 £ 26.3662 LSE GBP 13/02/2025 100,000 £ 26.5250 £ 26.2750 £ 26.3742 Chi-X (CXE) GBP 13/02/2025 100,000 £ 26.5500 £ 26.2500 £ 26.3773 BATS (BXE) GBP 13/02/2025 695,922 € 32.0450 € 31.6900 € 31.8011 XAMS EUR 13/02/2025 100,000 € 32.0400 € 31.6900 € 31.8109 CBOE DXE EUR 13/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/13/2025
|
Shell in court over claims of oil pollution in Nigeria
- Shell is in court today facing allegations it is responsible for oil pollution in Nigeria that left thousands without clean water and ruined farming and fishing.
- 02/13/2025
|
Shell should take responsibility for oil spills, Nigerian community leader says before UK trial
- Shell should take responsibility for environmental damage in Nigeria caused by oil spills, a community leader said on Thursday as a pivotal hearing in lawsuits brought against the British oil major began at London's High Court.
- 02/13/2025
|
Transaction in Own Shares
- Transaction in Own Shares 12 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 12 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 12/02/2025 807,192 £ 27.0450 £ 26.7400 £ 26.8942 LSE GBP 12/02/2025 100,000 £ 27.0400 £ 26.7600 £ 26.8910 Chi-X (CXE) GBP 12/02/2025 100,000 £ 27.0350 £ 26.7550 £ 26.8913 BATS (BXE) GBP 12/02/2025 574,719 € 32.6150 € 32.2900 € 32.4458 XAMS EUR 12/02/2025 100,000 € 32.6150 € 32.3350 € 32.4467 CBOE DXE EUR 12/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/12/2025
|
Shell: 9/10 U.S. LNG Shipments Going To Europe, Still Not Enough To Balance The Market
- Shell's robust LNG segment makes it an attractive buy amid Europe's systemic energy crisis, with persistent supply-demand imbalances driving higher LNG prices. Despite a decline in overall earnings and revenues in 2024, Shell's LNG segment remains highly profitable, contributing significantly to net earnings. Shell's debt servicing costs increased, but the company is steadily reducing its total debt, enhancing its financial stability.
- 02/12/2025
|
Shell sees significant LNG growth in near term under its scenarios
- Global demand for liquefied natural gas will see a robust rise in the next few years, while gas will likely see a more gradual dynamic and oil may peak at the beginning of the next decade, scenarios published by Shell showed on Wednesday.
- 02/12/2025
|
Climate activists take Shell case to Dutch Supreme Court
- Climate activist group Friends of the Earth Netherlands is taking its court case against oil major Shell to the Netherlands' Supreme Court, as it continues to seek a specific carbon reduction target for the company and its products.
- 02/11/2025
|
Transaction in Own Shares
- Transaction in Own Shares 11 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 11 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 11/02/2025 720,000 £ 27.0700 £ 26.5150 £ 26.7603 LSE GBP 11/02/2025 90,000 £ 27.0550 £ 26.5500 £ 26.7608 Chi-X (CXE) GBP 11/02/2025 90,000 £ 27.0450 £ 26.5450 £ 26.7630 BATS (BXE) GBP 11/02/2025 508,500 € 32.6400 € 32.0500 € 32.3252 XAMS EUR 11/02/2025 90,000 € 32.6350 € 32.0850 € 32.3189 CBOE DXE EUR 11/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/11/2025
|
Elsight's Robust Connectivity Empowers Phoenix Air Unmanned's Successful 320-Mile Pipeline Patrol for Shell Pipeline
- OR YEHUDA, Israel , Feb. 11, 2025 /PRNewswire/ -- Elsight (ASX: ELS), the market leader in connectivity for unmanned and autonomous systems, announced its pivotal role in the Phoenix Air Unmanned (PAU) mission completing a 320-mile aerial pipeline patrol in just 7.6 hours using a single Unmanned Aircraft System (UAS) for Shell Pipeline Company (SPLC). This milestone achievement was made possible by Elsight's Halo, a lightweight, highly reliable communications system for BVLOS (beyond visible line-of-sight) missions.
- 02/11/2025
|
Transaction in Own Shares
- Transaction in Own Shares 10 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 10 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 10/02/2025 894,839 £ 26.5300 £ 26.1950 £ 26.4253 LSE GBP 10/02/2025 105,161 £ 26.5050 £ 26.2000 £ 26.4083 Chi-X (CXE) GBP 10/02/2025 100,000 £ 26.5050 £ 26.2100 £ 26.4171 BATS (BXE) GBP 10/02/2025 665,000 € 32.1400 € 31.7200 € 31.9601 XAMS EUR 10/02/2025 100,000 € 32.1200 € 31.7650 € 31.9863 CBOE DXE EUR 10/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/10/2025
|
The CEO of Accenture Song on why it's worth it to shell out big bucks for Super Bowl ads
- David Droga, the CEO of Accenture Song, discusses the two ads the firm created for this year's big game, and whether any commercials really gain traction with viewers.
- 02/10/2025
|
Shell Awards $70M Drilling Contract to Noble Corporation
- SHEL inks a major drilling contract with Noble Corporation for its Noble semisubmersible rigs, ensuring continued operations in the Americas.
- 02/10/2025
|
Transaction in Own Shares
- Transaction in Own Shares 07 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 07 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 07/02/2025 800,000 £ 26.5500 £ 26.3350 £ 26.4653 LSE GBP 07/02/2025 100,000 £ 26.5500 £ 26.3550 £ 26.4680 Chi-X (CXE) GBP 07/02/2025 100,000 £ 26.5450 £ 26.3400 £ 26.4676 BATS (BXE) GBP 07/02/2025 532,000 € 32.0250 € 31.7950 € 31.9485 XAMS EUR 07/02/2025 133,000 € 32.0100 € 31.8350 € 31.9538 CBOE DXE EUR 07/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/07/2025
|
Transaction in Own Shares
- Transaction in Own Shares 06 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 06 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 06/02/2025 850,000 £ 26.9350 £ 26.4250 £ 26.6456 LSE GBP 06/02/2025 100,000 £ 26.9300 £ 26.4450 £ 26.6479 Chi-X (CXE) GBP 06/02/2025 100,000 £ 26.9200 £ 26.4450 £ 26.6502 BATS (BXE) GBP 06/02/2025 572,000 € 32.4000 € 31.7950 € 32.1125 XAMS EUR 06/02/2025 133,000 € 32.3950 € 31.8450 € 32.1172 CBOE DXE EUR 06/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/06/2025
|
Shell Revives Production at North Sea's Penguins Field With a New FPSO
- SHEL is all set to restart production at the Penguins field, reducing emissions and securing domestic energy for the U.K.
- 02/06/2025
|
Transaction in Own Shares
- Transaction in Own Shares 05 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 05 February 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 05/02/2025 670,000 £ 26.7100 £ 26.3300 £ 26.4544 LSE GBP 05/02/2025 0 - - - Chi-X (CXE) GBP 05/02/2025 370,000 £ 26.6850 £ 26.3300 £ 26.4723 BATS (BXE) GBP 05/02/2025 540,000 € 32.2500 € 31.7950 € 31.9804 XAMS EUR 05/02/2025 140,000 € 32.2350 € 31.8050 € 32.0054 CBOE DXE EUR 05/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/05/2025
|
Shell CEO: Trade war between U.S. and China could result in an extended period of uncertainty
- Wael Sawan, Shell CEO, joins CNBC's 'Squawk on the Street' to discuss how trade tensions will impact oil prices and production, what he's seeing in energy demand, and more.
- 02/05/2025
|
Canadian Natural and Shell Announce Swap Deal for AOSP Assets
- CNQ is all set to strengthen its oil sands portfolio with an asset swap deal with Shell, increasing its AOSP mines stake to 100%.
- 02/05/2025
|
Shell Canada president departs company
- The head of oil multinational Shell's Canadian operations is leaving the company after four years at the helm.
- 02/04/2025
|
Transaction in Own Shares
- Transaction in Own Shares 04 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 04 February, 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 04/02/2025 600,000 £ 26.5550 £ 26.0150 £ 26.2811 LSE GBP 04/02/2025 0 - - - Chi-X (CXE) GBP 04/02/2025 440,000 £ 26.5550 £ 26.0150 £ 26.2847 BATS (BXE) GBP 04/02/2025 530,000 € 32.0700 € 31.3950 € 31.7173 XAMS EUR 04/02/2025 150,000 € 32.0700 € 31.4250 € 31.7173 CBOE DXE EUR 04/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/04/2025
|
Shell reports oil spill in Nigeria after saver pit overflows
- Shell reported an oil spill on Tuesday at Ogale, near Port Harcourt, after a saver pit overflowed during flushing operations in the Niger delta region.
- 02/04/2025
|
Director/PDMR Shareholding
- NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES February, 4 2025 Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have been made a conditional award of performance shares of Shell plc under the Shell Share Plan 2023, subject to performance conditions determined by the Remuneration Committee and Remuneration Committee discretion, as set out below. PDMR Date Acquired Share Type Number of shares awarded Wael Sawan 31 January 2025 SHEL (LSE) 162,964 Sinead Gorman 31 January 2025 SHEL (LSE) 96,871 Philippa Bounds 31 January 2025 SHEL (LSE) 34,608 Robin Mooldijk 31 January 2025 SHELL (AMS) 43,532 Rachel Solway 31 January 2025 SHEL (LSE) 34,608 Huibert Vigeveno 31 January 2025 SHELL (AMS) 58,457 Zoe Yujnovich 31 January 2025 SHELL (AMS) 56,398 The Notification of Dealing Form for each PDMR can be found below.
- 02/04/2025
|
Shell restarts production at Penguins field in UK North Sea
- Shell said on Tuesday it has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading (FPSO) facility.
- 02/04/2025
|
Transaction in Own Shares
- Transaction in Own Shares 03 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 03 February, 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 03/02/2025 600,000 £ 26.6450 £ 26.1600 £ 26.4010 LSE GBP 03/02/2025 0 - - - Chi-X (CXE) GBP 03/02/2025 440,000 £ 26.6450 £ 26.1700 £ 26.4011 BATS (BXE) GBP 03/02/2025 530,000 € 32.1650 € 31.6550 € 31.9138 XAMS EUR 03/02/2025 150,000 € 32.1700 € 31.6750 € 31.9272 CBOE DXE EUR 03/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 02/03/2025
|
Shell flags emerging markets opportunity ahead of investor day - Citi
- Shell PLC's leadership is said to have flagged scope to pursue further growth in emerging markets as US energy firms turn focus towards domestic operations. Chief executive Wael Sawan in a meeting cited “frustration from political leaders” in such countries over issues with accessing financing, according to Citi analysts.
- 02/03/2025
|
Sunrise Realty Trust, Inc. Commits $44.0 Million to a Senior Loan for Shell Plaza at the River District in New Orleans, Louisiana
- WEST PALM BEACH, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”) (Nasdaq: SUNS), a lender on the Tannenbaum Capital Group (“TCG”) | Real Estate platform, today announced that it closed on a $44.0 million commitment to a $74.5 million senior loan originated by the TCG Real Estate platform for the construction of Shell Plaza (the “Project” or “Shell Plaza”) in New Orleans. Located on Convention Center Boulevard and Henderson Street on a 1.6-acre parcel, the build-to-suit net lease property will serve as regional headquarters for Shell USA Inc. (the “Tenant”). The remaining $30.5 million of the loan was syndicated to two affiliates on the TCG Real Estate platform (comprising $20.5 million) and another affiliated lending partner (comprising $10.0 million). The sponsor is a partnership between Lauricella Land Company (“Lauricella”) and Cypress Equities (“Cypress”), leveraging Lauricella's long-standing relationships with the Shell team in New Orleans and Cypress' demonstrated expertise in large build-to-suit developments.
- 02/03/2025
|
US energy producer Talos set to name Shell's Goodfellow as next CEO, sources say
- Talos Energy , a mid-sized U.S. oil producer with operations in the Gulf of Mexico, is poised to name veteran Shell executive Paul Goodfellow as its next CEO, two people familiar with the matter said on Sunday.
- 02/02/2025
|
Shell Has Room To Continue Shareholder Returns
- Shell's strong 2024 performance includes $13.2 billion in CFFO, $7.5 billion in FCF, and a 4% dividend yield, with a new $3.5 billion buyback program. The company targets 30-40% of CFFO for shareholder distributions, expects 6% annualized FCF growth, and continues to reduce costs. Shell plans over $20 billion in capital expenditures, focusing on oil, LNG, gas, and low-carbon investments, driving future FCF growth.
- 02/02/2025
|
Shell to install Jackdaw gas platform in North Sea despite being blocked from drilling, Sky News understands
- Energy giant Shell is due to install a multi-billion pound gas platform in the North Sea this spring despite being blocked from drilling, Sky News understands.
- 01/31/2025
|
WRAPUP Big Oil bleak on refining profits going into 2025
- Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil and Shell all reported fourth-quarter earnings that were hit hard by a downturn in the margins for producing fuel.
- 01/31/2025
|
Transaction in Own Shares
- Transaction in Own Shares 31 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 31 January, 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 31/01/2025 440,000 £ 26.9500 £ 26.6150 £ 26.8069 LSE GBP 31/01/2025 180,000 £ 26.9500 £ 26.6100 £ 26.8086 Chi-X (CXE) GBP 31/01/2025 440,000 £ 26.9550 £ 26.6250 £ 26.8073 BATS (BXE) GBP 31/01/2025 440,000 € 32.3900 € 31.9850 € 32.2025 XAMS EUR 31/01/2025 260,000 € 32.3950 € 31.9800 € 32.2040 CBOE DXE EUR 31/01/2025 - € 0.0000 € 0.0000 € 0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 01/31/2025
|
Shell Q4 Earnings Miss on Lower Prices, Still Raises Dividend
- SHEL reported cash flow from operations of $13.2 billion in Q4, returned $2.1 billion to its shareholders through dividends and spent $6.5 billion on capital projects.
- 01/31/2025
|
Shell capital markets day draws focus after reassuring figures - analysts
- Shell PLC's upcoming capital markets day is now in full focus after fears of soft trading were largely mitigated with earnings on Thursday, analysts have said. Despite missing on earnings, better underlying cash flow from operations spelled results that were not as bad as fears, RBC analysts said in a note.
- 01/31/2025
|
Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off
- Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's first offshore wind project on Thursday, despite Shell's recent $1 billion write-off related to the venture.
- 01/30/2025
|
Transaction in Own Shares
- Transaction in Own Shares 30 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 30 January, 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 30/01/2025 850,000 £ 26.7200 £ 25.8700 £ 26.3686 LSE GBP 30/01/2025 100,000 £ 26.7150 £ 26.0150 £ 26.3772 Chi-X (CXE) GBP 30/01/2025 150,000 £ 26.7150 £ 25.9800 £ 26.3766 BATS (BXE) GBP 30/01/2025 600,000 € 32.0800 € 31.1000 € 31.6496 XAMS EUR 30/01/2025 100,000 € 32.0700 € 31.1500 € 31.6403 CBOE DXE EUR 30/01/2025 50,000 € 32.0700 € 31.2200 € 31.6267 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
- 01/30/2025
|
Shell, Equinor see Rosebank, Jackdaw consent overturned
- A Scottish court has revoked permission to exploit the UK's largest untapped oil reserve, Rosebank, and the smaller Jackdaw project. Having been granted under the previous government, a Court of Session hearing saw Equinor and Ithaca Energy's licenses to exploit the Rosebank field overturned.
- 01/30/2025
|
Shell sees 2024 oil and gas reserve replacement ratio at 85%
- Shell said on Thursday it expects its proved oil and gas reserve replacement ratio for last year to be 85%.
- 01/30/2025
|
UK must reconsider Shell and Equinor's North Sea gas, oil projects, court rules
- Britain's approvals for two vast North Sea oil and gas fields were overturned by a Scottish court on Thursday, in a significant win for environmental campaigners which casts doubt on the future of new fossil fuel projects in the UK.
- 01/30/2025
|
Shell unveils $3.5bn buyback and lifts dividend despite profit drop
- Shell PLC has ramped up shareholder rewards despite flagging lower profit for the fourth quarter on the likes of weaker oil prices and squeezed margins. A US$3.5 billion (£2.8 billion) buyback was unveiled in results on Thursday, alongside a 4% increase in dividends to US$0.3580 per share.
- 01/30/2025
|
Oil giant Shell posts larger-than-expected drop in full-year profit on lower crude prices
- British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.
- 01/30/2025
|
Shell's fourth-quarter profit falls to $3.66 billion
- Shell reported a smaller fourth-quarter profit on Thursday, as the oil major took a hit from lower refining margins and lower liquefied natural gas (LNG) trading.
- 01/30/2025
|
Shell announces commencement of a share buyback programme
- Shell plc Shell announces commencement of a share buyback programme January 30, 2025 Shell plc (the ‘Company') today announces the commencement of a $3.5 billion share buyback programme covering an aggregate contract term of approximately three months (the ‘programme'). The purpose of the programme is to reduce the issued share capital of the Company.
- 01/30/2025
|
Shell plc Fourth Quarter 2024 Interim Dividend
- London, January 30, 2025 − The Board of Shell plc (the “Company”) (XLON: SHEL, XNYS: SHEL, XAMS: SHELL) today announced an interim dividend in respect of the fourth quarter of 2024 of US$ 0.358 per ordinary share.
- 01/30/2025
|
Shell plc publishes fourth quarter 2024 press release
- London, January 30, 2025 "2024 was another year of strong financial performance across Shell. Despite the lower earnings this quarter, cash delivery remained solid and we generated free cash flow of $40 billion across the year, higher than 2023, in a lower price environment.
- 01/30/2025
|
Shell, BT and Apple feature on packed Thursday
- A packed Thursday will bring reports from BT, Shell, Sage, St James's Place, before the likes of Apple and GDP figures from across the Atlantic.
- 01/29/2025
|
Shell: Entering 2025 At A 16% FCF Yield, Top Pick Confirmed
- Despite Q4 previewed to be weaker than previously expected, we believe Shell looks well set to outperform during 2025, specifically in a weaker commodity price environment. Valuation has dropped to a ~16% FCF yield, giving Shell a record high ~50% discount vs the broader sector. Distributions also remain attractive, with shares offering a >11% total yield including buybacks, which we believe look well covered down to $65 Brent.
- 01/29/2025
|
Never seen better opportunities in the energy transition, infrastructure: Neuberger Berman's Rachlin
- Doug Rachlin, Neuberger Berman senior portfolio manager, joins 'Squawk on the Street' to discuss the opportunity set for the firm's energy transition and infrastructure strategy.
- 01/27/2025
|
Shell (SHEL) Declines More Than Market: Some Information for Investors
- In the latest trading session, Shell (SHEL) closed at $65.39, marking a -1.91% move from the previous day.
- 01/24/2025
|
Transaction in Own Shares
- Transaction in Own Shares 24 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 24 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 24/01/2025 1,259,747 £26.7400 £26.1950 £26.4950 LSE GBP 24/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 24/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 24/01/2025 801,736 €31.8400 €31.2500 €31.5724 XAMS EUR 24/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 24/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/24/2025
|
Shell Set to Report Q4 Earnings: What's in Store for the Stock?
- SHEL has warned of a sharp decline in earnings from its Integrated Gas division compared to the $2.87 billion reported in the third quarter of 2024.
- 01/24/2025
|
Transaction in Own Shares
- Transaction in Own Shares 23 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 23 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 23/01/2025 1,158,000 £27.0150 £26.7450 £26.9061 LSE GBP 23/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 23/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 23/01/2025 776,600 €32.1950 €31.8350 €32.0361 XAMS EUR 23/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 23/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/23/2025
|
Shell's full year update will be all about the cashflow, says analysts
- Shell PLC (LSE:SHEL, NYSE:SHEL) left City analysts underwhelmed with its fourth quarter production update on 8 January, with lower LNG earnings and trading income' significantly down'. While the share price has moved up since that is more to do with the rally in crude prices generally than any great enthusiasm for the oil and gas giant following the update.
- 01/23/2025
|
Shell sees another veteran depart as executive overhaul continues
- Shell PLC (LSE:SHEL, NYSE:SHEL) has announced more senior management changes with the head of renewables solutions and a thirty-year company veteran Huibert Vigeveno standing down. Vigeveno is leaving to pursue other opportunities, said the statement for the oil giant, with Machteld de Haan appointed to the role of Director, Downstream, Renewables and Energy Solutions from 1 April 2025.
- 01/23/2025
|
Shell says director of renewables and energy solutions to step down
- Shell said on Thursday Huibert Vigeveno, its director of Downstream, Renewables and Energy Solutions will step down after 30 years with the energy major, and be replaced by insider Machteld de Haan.
- 01/23/2025
|
Shell plc announces changes to the Executive Committee
- London, January 23, 2025 − Huibert Vigeveno, Downstream, Renewables and Energy Solutions Director, and a member of the Executive Committee since 1 January 2020, will step down after 30 years of distinguished service, effective 31 March 2025, to pursue other opportunities.
- 01/23/2025
|
Transaction in Own Shares
- Transaction in Own Shares 22 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 22 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 22/01/2025 1,172,900 £27.1100 £26.7600 £26.9336 LSE GBP 22/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 22/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 22/01/2025 820,000 €32.2850 €31.8550 €32.0690 XAMS EUR 22/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 22/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/22/2025
|
Transaction in Own Shares
- Transaction in Own Shares 21 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 21 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 21/01/2025 1,210,000 £27.2300 £26.9150 £27.0474 LSE GBP 21/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 21/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 21/01/2025 720,000 €32.4150 €32.0300 €32.2119 XAMS EUR 21/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 21/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/21/2025
|
NYC's Climate Lawsuit Dismissed: Is It a Relief for Big Oil?
- The dismissal of New York City's lawsuit against XOM, BP, and SHEL underscores the complexities of climate litigation.
- 01/21/2025
|
Transaction in Own Shares
- Transaction in Own Shares 20 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 20 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 20/01/2025 1,170,000 £27.4200 £27.1000 £27.2965 LSE GBP 20/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 20/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 20/01/2025 793,300 €32.6200 €32.3300 €32.4880 XAMS EUR 20/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 20/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/20/2025
|
Oil Near 5-Month Highs: 4 Strong Buy High-Yield Dividend Giants Wall Street Loves
- This time, a year ago, West Texas Intermediate (WTI) was trading in the $90 range, but since a peak of $83.57 in late April, the price for the benchmark giant has traded flat for the past five months until ripping higher recently to $79.80.
- 01/17/2025
|
The Zacks Analyst Blog Salesforce, Shell and Gilead Sciences
- Salesforce, Shell and Gilead Sciences are included in this Analyst Blog.
- 01/17/2025
|
Transaction in Own Shares
- Transaction in Own Shares 16 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 16 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 16/01/2025 1,058,500 £27.1200 £26.8200 £26.9480 LSE GBP 16/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 16/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 16/01/2025 695,500 €32.3900 €32.0850 €32.2110 XAMS EUR 16/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 16/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/16/2025
|
Shell-CNOOC JV to Expand its Petrochemical Complex in China
- SHEL has taken a final investment decision to expand its petrochemical complex in China through CSPC, a Shell-CNOOC joint venture.
- 01/16/2025
|
Jefferies Says Buy Large Cap High-Yield Dividend Energy Giants Hand-Over-Fist
- Investors love dividend stocks, especially the high-yield variety, because they offer a significant income stream and have massive total return potential.
- 01/15/2025
|
Is Big Oil Losing Ground in the Supreme Court Climate Fight?
- The likes of XOM and CVX face rising pressure to tackle climate deception claims and brace for the potential financial impact of ongoing lawsuits.
- 01/15/2025
|
Transaction in Own Shares
- Transaction in Own Shares 15 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 15 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 15/01/2025 1,115,600 £26.8800 £26.6400 £26.7825 LSE GBP 15/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 15/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 15/01/2025 737,700 €32.1700 €31.9150 €32.0560 XAMS EUR 15/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 15/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/15/2025
|
Shell finances give it edge over BP, broker suggests
- Shell PLC (LSE:SHEL, NYSE:SHEL) has the edge over BP PLC (LSE:BP.) going into 2025 due to their respective balance sheets, according to analysts at JP Morgan.
- 01/15/2025
|
Shell to halt Spain gas trading, relocate staff, Cinco Dias reports
- Shell plans to close its Madrid gas trading operations for tax reasons, Spanish newspaper Cinco Dias reported on Wednesday, citing unnamed sources close to the matter.
- 01/15/2025
|
Shell-CNOOC joint venture to expand south China petrochemical complex
- A joint venture of Shell and CNOOC plans to expand its petrochemical facility in south China's Guangdong province in a project targeted for completion in 2028, it said on Wednesday.
- 01/15/2025
|
Transaction in Own Shares
- Transaction in Own Shares 14 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 14 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 14/01/2025 1,168,772 £26.7200 £26.3000 £26.6132 LSE GBP 14/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 14/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 14/01/2025 769,000 €31.9850 €31.6050 €31.8487 XAMS EUR 14/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 14/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/14/2025
|
Transaction in Own Shares
- Transaction in Own Shares 13 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 13 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 13/01/2025 1,050,000 £26.7100 £26.3850 £26.5765 LSE GBP 13/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 13/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 13/01/2025 708,000 €32.0900 €31.6850 €31.9139 XAMS EUR 13/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 13/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/13/2025
|
'Drill, baby, drill' should allow US to 'keep a lid' on oil prices
- Oil (CL=F, BZ=F) prices are decreasing, with Exxon Mobil (XOM) and Shell (SHEL) shares ticking down as they respectively cite narrowing refining margins and slowing natural gas (NG=F) sales. On Market Domination, Tortoise senior portfolio manager and managing director Rob Thummel discusses the valuation of top energy companies while addressing the mantra behind Republican leaders and President-elect Donald Trump's stance on US oil, better known as "Drill, baby, drill.
- 01/11/2025
|
Transaction in Own Shares
- Transaction in Own Shares 10 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 10 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 10/01/2025 1,035,000 £26.7400 £26.0150 £26.3965 LSE GBP 10/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 10/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 10/01/2025 676,000 €32.2250 €31.3950 €31.8321 XAMS EUR 10/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 10/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/10/2025
|
BP, Shell tick up as oil prices surge on Russian sanction fears
- BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) shares ticked up on Friday in line with a surge in oil prices on fears around new US sanctions against Russia.
- 01/10/2025
|
Shell: Undeniably The Best Value Of The Super Majors
- Shell beats out XOM, CXV, and TTE in free cash flow per share growth over a three-year period by a mile. This is made possible by the company's steadfast commitment to buying back shares. Due to the company's extremely low valuation, this is likely the best possible use of cash for shareholders.
- 01/10/2025
|
Chevron Starts Oil Output at New Gulf of Mexico Field With Shell
- CVX and Shell begin oil production at the Whale project in the Gulf of Mexico, focusing on sustainability and efficiency while unlocking deepwater resources with advanced technology.
- 01/10/2025
|
Transaction in Own Shares
- Transaction in Own Shares 09 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 09 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 09/01/2025 1,040,000 £26.2900 £25.9900 £26.1688 LSE GBP 09/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 09/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 09/01/2025 700,000 €31.6600 €31.3050 €31.5480 XAMS EUR 09/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 09/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/09/2025
|
Shell Hits Snag Offshore Namibia, Records $400M Financial Write-Down
- SHEL deems the oil discovery located in Namibia's offshore block PEL 39 commercially infeasible for development.
- 01/09/2025
|
Shell begins production at Whale in US Gulf of Mexico
- Oil and gas major Shell said on Thursday it had started production at the offshore floating facility Whale located in the Gulf of Mexico.
- 01/09/2025
|
Shell upgraded to 'buy' with cash flow too compelling to ignore
- Shell PLC's (LSE:SHEL, NYSE:SHEL) free cash flow has become too compelling to ignore, according to UBS, which upgraded the energy giant to a 'buy' rating with a revised price target of 3,000p, up from 2,800p. Despite a 10% decline in Shell's share price since July, UBS believes the company's strong financial position and restructuring efforts make it an attractive opportunity in the energy sector.
- 01/09/2025
|
Shell writes down Namibia oil discovery
- Shell will write down around $400 million in its fourth quarter results relating mainly to an oil and gas discovery offshore Namibia, the company said on Wednesday.
- 01/08/2025
|
Shell Faces Heavy Investor Scrutiny Over LNG Expansion Plans
- SHEL faces investor backlash over concerns surrounding its LNG sales increase plan conflicting with its climate commitments.
- 01/08/2025
|
Transaction in Own Shares
- Transaction in Own Shares 08 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 08 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 08/01/2025 1,025,000 £25.9200 £25.5550 £25.7632 LSE GBP 08/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 08/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 08/01/2025 745,000 €31.5400 €30.9200 €31.2119 XAMS EUR 08/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 08/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/08/2025
|
Turkiye Lubricants Market Outlook to 2028 with Shell, Total, Castrol Dominating
- Dublin, Jan. 08, 2025 (GLOBE NEWSWIRE) -- The "Turkiye Lubricants Market Outlook to 2028" report has been added to ResearchAndMarkets.com's offering.
- 01/08/2025
|
Shell's mixed update pushes LNG to top of the agenda
- Is Shell PLC (LSE:SHEL, NYSE:SHEL)giving itself a potential headache from its determined push into liquified natural gas (LNG) Shell has said it wants to expand its LNG business by 20-30% by 2030, with it expected by then to account for nearly a third of the company's upstream output. Some shareholders have already started to question the wisdom of the move and the recent weakness flagged today by the oil giant is unlikely to quell the unease.
- 01/08/2025
|
Shell Stock Falls on Forecast of Q4 Integrated Gas Output Slump
- Shell (SHEL) shares are falling 2% in premarket trading Wednesday after the oil giant said it expects to post a large quarter-over-quarter production slump in its integrated gas division as its hedging contracts expire.
- 01/08/2025
|
Shell gives 'sketchy' update but has firepower to ride storms, analysts say
- An update from Shell PLC (LSE:SHEL, NYSE:SHEL) was "sketchy" on details and provided further evidence that the oil titan is facing challenges, analysts said. Consensus earnings could be cut by up to 10% from the current $5.4 billion, analysts at Jefferies said.
- 01/08/2025
|
Shell gives vague guidance for fourth quarter
- The Shell PLC update contains its headline third-quarter results and fourth-quarter outlook, and is sparse with full quarterly results set to be finalised by January 30. It sets out headline numbers for each division, including production and adjusted earnings, with Integrated Gas production expected to decline due to maintenance at the Pearl Gas to Liquids plant in Qatar and reduced liquid natural gas volumes, with adjusted earnings expected to be in a range of $1.2-1.6 billion compared to $1.4 billion in the third quarter.
- 01/08/2025
|
Shell trims Q4 LNG production outlook
- Shell on Wednesday trimmed its LNG production outlook for the fourth quarter and said trading results for its chemicals and oil products division are expected to be significantly lower than in the third quarter.
- 01/08/2025
|
Shell fourth quarter 2024 update note
- The following is an update to the fourth quarter 2024 outlook and gives an overview of our current expectations for the fourth quarter. Outlooks presented may vary from the actual fourth quarter 2024 results and are subject to finalisation of those results, which are scheduled to be published on January 30, 2025. Unless otherwise indicated, all outlook statements exclude identified items.
- 01/08/2025
|
Transaction in Own Shares
- Transaction in Own Shares 07 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 07 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 07/01/2025 850,000 £26.2500 £25.7700 £26.0670 LSE GBP 07/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 07/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 07/01/2025 620,000 €31.9000 €31.3500 €31.7037 XAMS EUR 07/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 07/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/07/2025
|
Shareholders' climate resolution challenges 'disconnect' in Shell's LNG strategy
- Shell's plans to increase sales of liquefied natural gas (LNG) have been called into question by a by major group of shareholders that has filed a resolution asking whether the strategy is compatible with a goal to cut carbon emissions.
- 01/07/2025
|
EzFill Holdings, Inc. Successfully Closes Acquisition of Shell Fleet, Accelerating Nationwide Mobile Fueling Expansion
- MIAMI, Jan. 07, 2025 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. (NASDAQ: EZFL), a leading mobile fueling company, today announced the completion of its purchase of a fleet of trucks from Shell Retail and Convenience Operations LLC (“Shell”), a wholly owned subsidiary of Shell Oil Products US. By integrating these trucks into its existing fleet, EzFill has significantly bolstered its operational capacity and expanded its service footprint in Texas while launching in Arizona and furthering its mission to provide efficient and reliable fueling solutions across its growing service areas.
- 01/07/2025
|
EzFill Holdings, Inc. Successfully Closes Acquisition of Shell Fleet, Accelerating Nationwide Mobile Fueling Expansion
- Following the Closing of its 2024 Transactions, EzFill is Now Operating in Miami, West Palm Beach, Orlando, Tampa, Jacksonville, Los Angeles, San Francisco, Nashville, Detroit, Dallas, Houston, Austin, San Antonio, and Phoenix MIAMI, January 07, 2025 – EzFill Holdings, Inc.
- 01/07/2025
|
Shell to give break from retail with fourth quarter update
- Shell PLC's (LSE:SHEL, NYSE:SHEL) fourth-quarter production update tomorrow should give some insight into how it is dealing with the steady drip down in oil prices. Even with a rally at the end of 2024 to $77 a barrel, crude prices have gone nowhere for a year, which might spur even greater emphasis on cost-cutting from chief executive Wael Sawan.
- 01/07/2025
|
Transaction in Own Shares
- Transaction in Own Shares 06 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 06 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 06/01/2025 910,000 £25.8500 £25.6150 £25.7676 LSE GBP 06/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 06/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 06/01/2025 600,000 €31.4700 €31.1950 €31.3460 XAMS EUR 06/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 06/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/06/2025
|
Transaction in Own Shares
- Transaction in Own Shares 03 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 03 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 03/01/2025 780,000 £25.7600 £25.3850 £25.6712 LSE GBP 03/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 03/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 03/01/2025 500,000 €31.4000 €30.9200 €31.3077 XAMS EUR 03/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 03/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/03/2025
|
Shell upgraded to Outperform at Wolfe Research on valuation
- Wolfe Research upgraded Shell to Outperform from Peer Perform with an $80 price target. The pullback in the shares is an attractive entry point ahead of the company's strategy update that should provide strategy targets through 2030, and Shell's now more-balanced strategy embraces its legacy oil and gas portfolio with the most immediate impact lower cash spending and structural cost savings, the analyst tells investors in a research note. The 2025 update has the potential to rebase Shell's free cashflow growth outlook beyond a view on "real" oil prices, the firm adds.
- 01/02/2025
|
Transaction in Own Shares
- Transaction in Own Shares 02 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 02 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 02/01/2025 685,226 £25.3350 £24.8000 £25.1131 LSE GBP 02/01/2025 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 02/01/2025 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 02/01/2025 471,931 €30.8000 €30.2350 €30.5331 XAMS EUR 02/01/2025 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 02/01/2025 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 01/02/2025
|
The Zacks Analyst Blog Shell, Equinor and BP plc's
- Shell, Equinor and BP plc's are included in this Analyst Blog.
- 01/02/2025
|
Is Shell Stock a Smart Investment Option for Next Year?
- SHEL's current valuation, reflected in a Zacks Value Score of A, underscores its appeal in a competitive market.
- 12/31/2024
|
Transaction in Own Shares
- Transaction in Own Shares 31 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 31 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 31/12/2024 830,000 £24.8450 £24.4300 £24.6844 LSE GBP 31/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 31/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 31/12/2024 530,000 €30.1900 €29.7550 €30.0543 XAMS EUR 31/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 31/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/31/2024
|
Transaction in Own Shares
- Transaction in Own Shares 30 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 30 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 30/12/2024 925,000 £24.4900 £24.2850 £24.4145 LSE GBP 30/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 30/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 30/12/2024 567,000 €29.8250 €29.5800 €29.7394 XAMS EUR 30/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 30/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/30/2024
|
Shell Halts Oil Processing at Pulau Bukom for Leak Investigation
- SHEL halts operations at its Pulau Bukom refinery in Singapore due to a suspected oil leak, ensuring minimal environmental impact.
- 12/30/2024
|
Shell's STCBL to be Acquired by Touchstone for $23 Million
- SHEL's STCBL acquisition to strengthen Touchstone's foothold in Trinidad and boost LNG production and sales.
- 12/30/2024
|
Shell (SHEL) Advances While Market Declines: Some Information for Investors
- In the most recent trading session, Shell (SHEL) closed at $61.69, indicating a +0.54% shift from the previous trading day.
- 12/27/2024
|
Transaction in Own Shares
- Transaction in Own Shares 27 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 27 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 27/12/2024 1,198,000 £24.4850 £24.2550 £24.3815 LSE GBP 27/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 27/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 27/12/2024 735,000 €29.8150 €29.5200 €29.6518 XAMS EUR 27/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 27/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/27/2024
|
RBC's Helima Croft gives her 2025 energy playbook under Trump
- Helima Croft, RBC Capital Markets head of commodity strategy, joins 'Squawk on the Street' to discuss her 2025 energy outlook under Trump's administration.
- 12/27/2024
|
Director/PDMR Shareholding
- NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES December 27, 2024 Shell plc (the "Company") has been notified that following the payment of the interim dividend on December 19, 2024 in respect of the third quarter of 2024, the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired dividend shares in respect of shares previously delivered to them under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Further information can be found in the Shell plc Annual Report and Form 20-F for the year ended December 31, 2023 (www.shell.com/annualreport).
- 12/27/2024
|
Shell shuts down oil processing unit to investigate leak, Singapore's port authority says
- Shell has shut down one of its oil processing units in Pulau Bukom to facilitate investigation into a suspected leak in the system, the Maritime and Port Authority of Singapore and National Environment Agency said on Friday.
- 12/27/2024
|
Oil majors like BP, Shell shift focus back to oil and gas, delaying clean energy goals
- Major energy companies in Europe focused on profits from oil and gas business in 2024, pushing back climate commitments, Reuters reported on Thursday. According to the report, the trend is likely to continue in 2025 as well.
- 12/27/2024
|
Shell Is A Great Integrated Oil Company
- Shell plc, known as Royal Dutch Shell, boasts a market cap of almost $200 billion, making it a significant player in the integrated oil sector. The company's impressive assets, diversification, and steady cash flow position SHEL stock as a valuable investment, even with a higher share price. A major risk is the uncertainty of returns from Shell's heavy investments in transitioning its portfolio, a critical factor for potential investors.
- 12/26/2024
|
Transaction in Own Shares
- Transaction in Own Shares 24 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 24 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 24/12/2024 1,045,000 £24.3700 £24.1950 £24.3179 LSE GBP 24/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 24/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 24/12/2024 658,000 €29.6600 €29.4550 €29.5978 XAMS EUR 24/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 24/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/24/2024
|
Shell Joins Forces With YPF on Argentina's $50B LNG Leap
- SHEL's venture in Argentina for a $50B LNG project, eyes 10 million tons/year, unlocking the vast potential of Vaca Muerta shale reserves.
- 12/24/2024
|
Transaction in Own Shares
- Transaction in Own Shares 23 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 23 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 23/12/2024 1,200,000 £24.0950 £23.8750 £23.9890 LSE GBP 23/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 23/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 23/12/2024 830,000 €29.2700 €29.0600 €29.1727 XAMS EUR 23/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 23/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/23/2024
|
Transaction in Own Shares
- Transaction in Own Shares 20 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 20 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 20/12/2024 1,221,509 £24.0700 £23.7500 £23.8946 LSE GBP 20/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 20/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 20/12/2024 930,000 €29.2200 €28.8750 €29.0246 XAMS EUR 20/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 20/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/20/2024
|
Prax and Shell call off deal on stake in PCK Schwedt oil refinery
- Prax and Shell have decided not to proceed with the sale of Shell's share in the PCK Schwedt oil refinery in Germany to Prax, they said on Friday.
- 12/20/2024
|
Transaction in Own Shares
- Transaction in Own Shares 19 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 19 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 19/12/2024 1,189,900 £24.2950 £24.0400 £24.1313 LSE GBP 19/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 19/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 19/12/2024 800,000 €29.6300 €29.2950 €29.4516 XAMS EUR 19/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 19/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/19/2024
|
Argentina's YPF signs agreement with Shell to develop Argentina LNG project
- Argentina's state-run oil company YPF and oil major Shell signed an agreement to develop the country's flagship liquefied natural gas (LNG) project, the companies said on Thursday.
- 12/19/2024
|
EzFill Holdings, Inc. Finalizes Letter of Understanding for Purchase of 78 Trucks from Shell
- EzFill to Utilize New Trucks to Begin Servicing Fleet of Large Retailer and Other Customers in Texas and Arizona Miami, FL, December 19, 2024 – PRISM MediaWire – EzFill Holdings, Inc.
- 12/19/2024
|
EzFill Holdings, Inc. Finalizes Letter of Understanding for Purchase of 78 Trucks from Shell
- MIAMI, Dec. 19, 2024 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. (NASDAQ: EZFL), a leading mobile fueling company, is pleased to announce the execution of a term sheet with Shell Retail and Convenience Operations LLC (“Shell”), a wholly owned subsidiary of Shell Oil Products US. This agreement facilitates the acquisition of 78 trucks from Shell's fleet and enables EzFill to immediately begin delivering fuel in the markets of Phoenix, San Antonio, Austin, Dallas, and Houston.
- 12/19/2024
|
AleAnna Announces Signing of Gas Sale Contract with Shell Energy Europe
- AleAnna Secures A Contract To Sell Its Gas To Shell Energy Europe Ltd, A Leading Natural Gas, Power And Environmental Trading Company Across European Markets AleAnna has signed a multi-year gas sales agreement with Shell Energy Europe Ltd for its share of the Longanesi production to ensure secure natural gas Longanesi production is expected to commence in Q1 2025 DALLAS and ROME, Dec. 19, 2024 (GLOBE NEWSWIRE) -- AleAnna (Nasdaq: ANNA), a leading energy company in Italy, has signed an exclusive gas supply agreement with Shell Energy Europe Ltd. This significant contract reinforces AleAnna's long-term commitment to Italy and its flagship Longanesi project.
- 12/19/2024
|
Transaction in Own Shares
- Transaction in Own Shares 18 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 18 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 18/12/2024 1,212,200 £24.3900 £24.1600 £24.2564 LSE GBP 18/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 18/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 18/12/2024 831,000 €29.7350 €29.4800 €29.6028 XAMS EUR 18/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 18/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/18/2024
|
Nigeria's oil minister approves Shell's $2.4 billion asset sale to Renaissance
- Nigeria's oil minister has granted consent to Shell's sale of $2.4 billion in assets to Renaissance Group, Renaissance said in a statement on Wednesday.
- 12/18/2024
|
Shell Announces FID in Bonga North Project to Sustain Oil Production
- SHEL's investment in Nigeria's Bonga North deep-water project is expected to deliver 300 million barrels of oil equivalent in recoverable resources.
- 12/18/2024
|
Transaction in Own Shares
- Transaction in Own Shares 17 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 17 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 17/12/2024 1,650,000 £24.2500 £24.0350 £24.1513 LSE GBP 17/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 17/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 17/12/2024 1,030,000 €29.6100 €29.3350 €29.4693 XAMS EUR 17/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 17/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/17/2024
|
Transaction in Own Shares
- Transaction in Own Shares 16 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 16 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 16/12/2024 1,500,000 £25.0200 £24.5850 £24.7539 LSE GBP 16/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 16/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 16/12/2024 950,000 €30.3650 €29.9750 €30.1345 XAMS EUR 16/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 16/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/16/2024
|
Here's Why North Sea Should Be on Every Investor's Radar in 2025
- The North Sea energy market, led by Shell, BP and Equinor, is poised for growth in 2025, driven by innovation and market stability.
- 12/16/2024
|
Shell invests in Nigeria's Bonga North deep-water project
- Shell said on Monday its Nigerian subsidiary has announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria.
- 12/16/2024
|
Transaction in Own Shares
- Transaction in Own Shares 13 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 13 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 13/12/2024 1,250,000 £25.1900 £24.9250 £25.0688 LSE GBP 13/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 13/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 13/12/2024 900,000 €30.6700 €30.2750 €30.4774 XAMS EUR 13/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 13/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/13/2024
|
Shell Partners With GATE for Sparta Commissioning Contract
- SHEL and GATE Energy join forces for the Sparta semisubmersible platform in the Gulf of Mexico to deliver commissioning and management execution services.
- 12/13/2024
|
Transaction in Own Shares
- Transaction in Own Shares 12 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 12 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 12/12/2024 1,020,000 £25.2250 £25.0000 £25.1038 LSE GBP 12/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 12/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 12/12/2024 725,000 €30.8850 €30.5250 €30.7007 XAMS EUR 12/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 12/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/12/2024
|
Shell plc - Outcome of audit tender process
- Shell plc Outcome of audit tender process December 12, 2024 Shell plc (the Company) announces that, following the conclusion of a competitive audit tender process led by the Audit and Risk Committee, the Board has approved the proposed re-appointment of Ernst & Young LLP (EY) as its external auditor to take effect from, and including, the financial year ending 31 December 2026. The re-appointment is subject to shareholder approval at the Company's 2026 Annual General Meeting.
- 12/12/2024
|
Shell Settles Lawsuit Against Greenpeace for Illegally Boarding FPSO
- SHEL and Greenpeace reach a settlement following a risky sea protest, emphasizing safety and lawful behavior in maritime operations.
- 12/12/2024
|
Transaction in Own Shares
- Transaction in Own Shares 11 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 11 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 11/12/2024 1,150,000 £25.1850 £24.8300 £24.9775 LSE GBP 11/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 11/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 11/12/2024 790,000 €30.7550 €30.4150 €30.5902 XAMS EUR 11/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 11/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/11/2024
|
Transaction in Own Shares
- Transaction in Own Shares 10 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 10 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 10/12/2024 1,115,000 £25.3050 £25.1550 £25.2266 LSE GBP 10/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 10/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 10/12/2024 715,000 €30.8350 €30.6900 €30.7669 XAMS EUR 10/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 10/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/10/2024
|
Chevron and Shell Eye Stake in Argentina's Vaca Muerta Project
- CVX and SHEL to buy stakes in Argentina's Vaca Muerta pipeline project to boost exports from its lucrative shale fields.
- 12/10/2024
|
Shell Awards $1.98 Billion Contracts to Nigeria's Local Firms in 2023
- SHEL boosts Nigeria's energy sector with $1.98 billion in contracts awarded to local firms in 2023, supporting business growth amid shifting operations.
- 12/10/2024
|
RNLI benefits as Shell and Greenpeace settle bitter climate protest case
- Shell and the environmental campaign group Greenpeace have settled a multimillion pound lawsuit brought over an at-sea protest.
- 12/10/2024
|
Transaction in Own Shares
- Transaction in Own Shares 09 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 09 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 09/12/2024 782,347 £25.4900 £24.8650 £25.1563 LSE GBP 09/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 09/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 09/12/2024 453,033 €31.0100 €30.2350 €30.6839 XAMS EUR 09/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 09/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/09/2024
|
Shell gets the thumbs up from leading US investment bank - here's why
- JP Morgan has reaffirmed its 'overweight' rating on Shell PLC (LSE:SHEL, NYSE:SHEL), highlighting the company's potential to lead a new phase of efficient energy investments. Looking at the wider sector, the bank predicts that European oil companies will begin focusing on more specialised low-carbon growth strategies by 2025, balancing near-term performance with long-term sustainability.
- 12/09/2024
|
Equinor, Shell Form JV to Secure UK Oil and Gas Production
- EQNR and Shell join forces to create the UK's largest independent oil and gas producer, ensuring energy security and revitalizing the North Sea's maturing resources.
- 12/09/2024
|
Shell plc Third Quarter 2024 Euro and GBP Equivalent Dividend Payments
- SHELL PLC THIRD QUARTER 2024 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS December 9, 2024 The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2024 interim dividend, which was announced on October 31, 2024 at US$0.344 per ordinary share. Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling.
- 12/09/2024
|
Transaction in Own Shares
- Transaction in Own Shares 06 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 06 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 06/12/2024 1,326,000 £25.1150 £24.6900 £24.9072 LSE GBP 06/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 06/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 06/12/2024 804,000 €30.5250 €30.0100 €30.2857 XAMS EUR 06/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 06/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/06/2024
|
Shell: UK Upstream Merger Is A Good Sign For Shell And A Bad One For The UK
- Shell and Equinor will merge their UK upstream assets into a 50/50 joint venture, creating the largest producer in the UK North Sea. The deal is the latest in the line of divestments by global majors which since 2017 have sold >$10B of UK assets. With the UK operating environment becoming increasingly challenging, we view the deal as key step for management to deliver on a more streamlined, higher value Shell.
- 12/06/2024
|
Transaction in Own Shares
- Transaction in Own Shares 05 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 05 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 05/12/2024 1,245,200 £25.2000 £24.9000 £25.0211 LSE GBP 05/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 05/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 05/12/2024 819,800 €30.7000 €30.3150 €30.4537 XAMS EUR 05/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 05/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/05/2024
|
Apple to shell out $1 billion on a manufacturing plant in Indonesia
- Negotiating with one of the largest companies in the world doesn't sound easy, but that's precisely what Indonesia has been doing for the past few weeks with iPhone maker Apple. The backstory here is that after the country required smartphones which are sold domestically to be made of at least 40% locally manufactured parts, Indonesia banned iPhone 16 sales.
- 12/05/2024
|
Deny, defend, depose: UnitedHealthcare CEO killing shell casings had words written on them
- Shell casings from the brazen slaying of UnitedHealthcare CEO Brian Thompson in midtown Manhattan had the words "deny," "defend," and "depose" written on them, NBC News reported. Those chilling words echo the title of a 2010 book, "Delay Deny Defend," whose subtitle is "Why insurance companies don't pay claims and what you can do about it.
- 12/05/2024
|
Words found on shell casings where UnitedHealthcare CEO was shot dead
- CNBC's Bertha Coombs joins 'Squawk on the Street' to discuss the latest developments in the fatal shooting of UnitedHealthcare CEO Brian Thompson.
- 12/05/2024
|
Combining Shell, Equinor portfolios, we will be much stronger: Equinor
- Camilla Salthe, senior vice president of UK head of upstream at Equinor, discusses the company's announcement to create a new U.K. oil and gas producer with Shell.
- 12/05/2024
|
Shell-Equinor tie-up ‘corporate tidying-up' as North Sea prospects wane
- Shell PLC (LSE:SHEL, NYSE:SHEL) and Equinor's North Sea merger plans will offer a string of benefits but come against a backdrop of the region's shift from an oil and gas to a renewable powerhouse. The duo on Thursday unveiled a deal to merge their UK North Sea assets to create Britain's largest independent oil firm with daily production of 140,000 barrels of oil equivalent.
- 12/05/2024
|
Shell Plans to Cut New Offshore Wind Spend, Split Power Division
- SHEL announces plans to scale back new offshore wind investments and restructure its power division, focusing on oil, gas and biofuels amid economic challenges.
- 12/05/2024
|
As U.K. clamps down on North Sea production, Shell and Equinor to merge operations there
- With the U.K. government clamping down on production from the North Sea, Shell and Equinor on Thursday said they would merge their oil and gas operations.
- 12/05/2024
|
Shell and Equinor join forces to make new UK North Sea business
- Shell PLC (LSE:SHEL, NYSE:SHEL) and Equinor have struck a deal to combine their respective UK North Sea assets into a new company, which will become Britain's largest independent oil company. The joint venture company, to be based in Aberdeen, will own Equinor's Mariner, Rosebank, and Buzzard, alongside Shell's Shearwater, Penguins operations as well as a portfolio of exploration and development assets.
- 12/05/2024
|
Equinor, Shell to Combine U.K. Assets
- The energy majors will create a joint venture they say will be the biggest independent producer in the North Sea to help sustain domestic oil-and-gas production and secure energy supply in the U.K.
- 12/05/2024
|
Shell and Equinor to create Britain's largest independent oil and gas company in joint venture
- Britain's Shell and Norway's Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company.
- 12/05/2024
|
Equinor, Shell to form jointly owned oil and gas producer in Britain
- Norway's Equinor and Shell will combine their British offshore oil and gas assets to create a new company owned 50% each, the Norwegian group said on Thursday.
- 12/05/2024
|
Equinor and Shell to create the UK's largest independent oil and gas company
- Equinor UK Ltd, a subsidiary of Equinor ASA (OSE: EQNR, NYSE: EQNR, “Equinor”) and Shell UK Limited, a subsidiary of Shell plc (LSE: SHEL, NYSE: ADR SHEL, AMS EURONEXT: SHELL, “Shell”) are to combine their UK offshore oil & gas assets and expertise to form a new company which will be the UK North Sea's biggest independent producer. The incorporated joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK.
- 12/05/2024
|
Transaction in Own Shares
- Transaction in Own Shares 04 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 04 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 04/12/2024 1,218,670 £25.7250 £25.2750 £25.5431 LSE GBP 04/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 04/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 04/12/2024 819,000 €31.3100 €30.7450 €31.0563 XAMS EUR 04/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 04/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/04/2024
|
Exclusive: Shell slows investments in offshore wind, splits power business
- Shell is stepping back from new investments in offshore wind projects and is splitting its power division following an extensive review of the business under CEO Wael Sawan's drive to boost the company's returns, the company told Reuters.
- 12/04/2024
|
Shell to Strengthen Its LNG Portfolio With New QatarEnergy Deal
- SHEL signs a deal with QatarEnergy to receive 3 million metric tons of LNG annually for delivery in China.
- 12/04/2024
|
Bangladesh's new LNG purchase policy draws Shell, BP, Glencore and Aramco
- Shell , BP , Aramco and Glencore are among nearly two dozen firms Bangladesh has approved as suppliers of spot liquefied natural gas (LNG) as it seeks to boost competition and cut costs, the country's top energy official told Reuters.
- 12/04/2024
|
Transaction in Own Shares
- Transaction in Own Shares 03 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 03 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 03/12/2024 835,000 £25.6950 £25.2700 £25.5497 LSE GBP 03/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 03/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 03/12/2024 550,000 €31.1850 €30.7100 €31.0094 XAMS EUR 03/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 03/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/03/2024
|
Cold Weather-Driven Demand Spurs Natural Gas Weekly Gain
- Investors would be wise to focus on resilient natural stocks such as LNG, RRC and SHEL.
- 12/03/2024
|
LNG Shipping Stocks: An Uncertain Future Amid Spot Rate Pressures
- The LNG shipping sector faces challenges with declining UPI TCE rates and pressured spot rates, exacerbated by rising gas prices and market uncertainties. Tankers are being diverted to Europe and potentially used for floating storage, which may stabilize or reverse spot rate declines. Key players like Tsakos Energy Navigation and Flex LNG experienced significant losses, while New Fortress Energy and Awilco LNG saw gains, indicating a mixed industry outlook.
- 12/03/2024
|
Transaction in Own Shares
- Transaction in Own Shares 02 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 02 December 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 02/12/2024 1,261,900 £25.3400 £25.0400 £25.1912 LSE GBP 02/12/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 02/12/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 02/12/2024 836,000 €30.8350 €30.4650 €30.6617 XAMS EUR 02/12/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 02/12/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 12/02/2024
|
QatarEnergy signs long-term LNG deal with Shell for delivery to China
- State-owned QatarEnergy (QATPE.UL) has signed a long-term sales and purchase agreement with oil and gas major Shell to supply it with liquefied natural gas (LNG) for delivery to China.
- 12/02/2024
|
3 Stocks That Can Thrive Through Trump's Pro-LNG Energy Policy
- Major LNG exporters, including Cheniere Energy, Shell, and Chevron are poised to benefit significantly from Trump's focus on reviving the sector.
- 11/29/2024
|
Transaction in Own Shares
- Transaction in Own Shares 29 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 29 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 29/11/2024 1,310,000 £25.4000 £25.2200 £25.3305 LSE GBP 29/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 29/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 29/11/2024 770,000 €30.7950 €30.5850 €30.7127 XAMS EUR 29/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 29/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/29/2024
|
Transaction in Own Shares
- Transaction in Own Shares 28 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 28 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 28/11/2024 999,400 £25.4100 £25.2450 £25.3022 LSE GBP 28/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 28/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 28/11/2024 776,700 €30.7700 €30.5700 €30.6521 XAMS EUR 28/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 28/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/28/2024
|
Transaction in Own Shares
- Transaction in Own Shares 27 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 27 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 27/11/2024 1,300,000 £25.5450 £25.2750 £25.4188 LSE GBP 27/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 27/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 27/11/2024 820,000 €30.8950 €30.5750 €30.7437 XAMS EUR 27/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 27/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/27/2024
|
Transaction in Own Shares
- Transaction in Own Shares 26 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 26 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 26/11/2024 1,400,000 £25.7600 £25.4700 £25.6076 LSE GBP 26/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 26/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 26/11/2024 867,000 €31.1500 €30.7700 €30.9344 XAMS EUR 26/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 26/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/26/2024
|
Transaction in Own Shares
- Transaction in Own Shares 25 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 25 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 25/11/2024 1,150,000 £26.1150 £25.7200 £25.9401 LSE GBP 25/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 25/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 25/11/2024 850,000 €31.6800 €31.0950 €31.3602 XAMS EUR 25/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 25/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/25/2024
|
Why is the Coal-to-Gas Transition a Boon for LNG, CVX & SHEL?
- As natural gas must be cooled to shrink its volume so it can be stored and shipped worldwide, LNG, CVX & SHEL are well-positioned to gain.
- 11/22/2024
|
Transaction in Own Shares
- Transaction in Own Shares 22 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 22 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 22/11/2024 1,023,000 £26.1800 £25.9300 £26.0541 LSE GBP 22/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 22/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 22/11/2024 650,000 €31.8050 €31.4600 €31.6149 XAMS EUR 22/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 22/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/22/2024
|
Franklin International Equity Fund Q3 2024 Commentary
- Jinda Noipho Performance Data Average Annual Total Returns 4(%) 1 Mth 3 Mths 1 Year 3 Year 5 Year 10 Year Since Inception Inception Date Class C (MUTF:LMGEX) - With Sales Charges a -1.46 4.15 21.61 5.98 7.49 4.70 4.22 02/17/1995 Class C - Without Sales Charges a -0.47 5.15 22.61 5.98 7.49 4.70 4.22 02/17/1995 Class A - With Sales Charges a -5.86 -0.42 16.85 4.77 7.09 4.90 6.80 02/03/2009 Class A - Without Sales Charges a -0.37 5.38 23.66 6.86 8.37 5.52 7.20 02/03/2009 MSCI EAFE Index-NR 0.92 7.26 24.77 5.48 8.20 5.71 - - Click to enlarge Share Class Details Sales Charges Expenses CUSIP Ticker Max CDSC Gross Net Class A 524686292 LMEAX 5.50% - 1.32% 1.28% Class C 524686284 LMGEX - 1.00% 2.17% 2.05% Click to enlarge Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns for periods of less than one year are not annualized. All classes of shares may not be available to all investors or through all distribution channels. For current month-end performance, please call Franklin Templeton at (800) DIAL BEN/(800) 342-5236 or visit www.franklintempleton.com. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Net Returns ('NR') include income net of tax withholding when dividends are paid. The MSCI EAFE Index is a free float-adjusted market capitalization-weighted index designed to measure developed market equity performance, excluding the U.S. and Canada. Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI. Click to enlarge Performance Review Global equities ended the third quarter of 2024 collectively higher as they recovered from bouts of heightened volatility, including a market selloff in early August following an interest-rate hike by the Bank of Japan, as well as the release of a weaker-than-expected employment report in the United States, which led to recession fears. However, stock markets rebounded as resilient economic reports and a continued disinflation trend reignited hopes for an economic soft landing. Interest-rate cuts by the European Central Bank (ECB), the People's Bank of China (PBoC) and other central banks further bolstered equities worldwide. On the economic front, global manufacturing activity contracted for the third consecutive month in September, while flash reports for the same month indicated services activity continued to expand across regions. In this environment, the MSCI EAFE Index of stocks returned 7.26% in US-dollar terms. Quarterly Key Performance Drivers Regions Sectors HELPED KONAMI Group Corporation (OTCPK:KNAMF) Japan Industrials (Stock Selection) Chugai Pharmaceutical Co., Ltd. (chcgf) European Banks (Stock Selection and Overweight) Shell Plc (SHEL) Japan Communication Services (Stock Selection) HURT Novo Nordisk A/S Class B (NVO) European Health Care (Stock Selection) Mazda Motor Corp. (OTCPK:MZDAY) Developed Asia ex Japan (Underweight) ASML Holding NV (ASML) Japan Consumer Discretionary (Stock Selection) Click to enlarge The fund underperformed the benchmark for the third quarter of 2024. Stock selection results were mixed across regions and was negative overall, especially in continental Europe where the health care sector was notably weak. Stock selection was more moderately negative in the smaller markets of Australia, New Zealand & Canada, and Developed Asia ex Japan. Selection added meaningful value in Japan, led by industrials and communication services, and in the United Kingdom. Allocation decisions detracted, due primarily to an underweight in Developed Asia ex Japan, which outperformed within the benchmark for the quarter. An allocation to emerging markets, which is not in the benchmark, also detracted. Our diversified 1, multifactor stock selection model results were negative for the quarter, led down by the sentiment and alternative dimensions. The quality and value dimensions had little impact. At quarter-end, the portfolio was attractively valued with a lower 12-month forward price-to-earnings ratio 2 than the benchmark. The portfolio was well diversified across regions and sectors when compared to the benchmark. At the region level, the largest overweight was to the United Kingdom, and the largest underweight was to the developed Asia ex Japan. Sector allocations were close to the benchmark, with a modest overweight to information technology and underweight to financials. Outlook & Strategy The outlook for global equities continues to improve, helped by a continued disinflation trend in major developed markets. We believe the probability of a recession in the United States is remote amid ongoing economic resilience, although we continue to be wary of elevated equity valuations. Interest-rate cuts by the Fed 3, ECB, PBoC and other central banks have bolstered equities worldwide. Summer market volatility tested investor conviction, but fundamentals prevailed and stocks quickly rebounded. In the near term we may see continued volatility in reaction to Central bank actions, as well as the impact of the US election. While we expect to see further interest-rate cuts, the expectation of these cuts may be fully reflected in current prices. Against this background, we are confident that investors will continue to reward stocks that are attractively valued and invest in companies that have solid growth prospects and the ability to generate cash for their shareholders. We believe that our well-diversified, disciplined strategy will serve investors well in this environment. Portfolio Diversification Top Holdings % Novo Nordisk A/S (NVO) 2.71 ASML Holding NV (ASML) 2.16 Novartis AG (NVS) 1.88 SAP SE (SAP) 1.56 Roche Holding AG (OTCQX:RHHBY) 1.47 Allianz SE (OTCPK:ALIZF) 1.18 Hitachi Ltd (OTCPK:HTHIY) 1.14 UniCredit SpA (OTCPK:UNCFF) 1.11 Nestle SA (OTCPK:NSRGY) 1.06 Deutsche Telekom AG (OTCQX:DTEGY) 1.05 Click to enlarge Footnotes 1 Diversification does not assure a profit or protect against loss. It is possible to lose money in a diversified portfolio. 2 Forward price to earnings (forward P/E) is a measure of the price-to-earnings (P/E) ratio using forecasted earnings for the P/E calculation. 3 The Federal Reserve ("Fed") is responsible for the formulation of policies designed to promote economic growth, full employment, stable prices, and a sustainable pattern of international trade and payments. 4 Periods shorter than one year are shown as cumulative total returns. Not FDIC Insured | No Bank Guarantee | May Lose Value Inception Date 12/31/1992 Benchmark MSCI EAFE Index-NR Click to enlarge Fund Details Fund Description Seeks maximum long-term total return by investing primarily in non-U.S. stocks. Uses a quantitative process that assesses stocks by relative attractiveness based on a variety of measures including value, cash flow, earnings growth and sentiment. Region, country and sector allocations are based on rankings generated by the subadviser's proprietary models. May invest up to 35% of its total assets in emerging markets. Investment Team Chris Floyd, CFA Years with Firm 24 Years Experience 25 Sundaram Chettiappan, CFA Years with Firm 5 Years Experience 18 Chandra Seethamraju, Ph.D. Years with Firm 11 Years Experience 24 Click to enlarge What Are The Risks? All investments involve risks, including possible loss of principal. Equity securities are subject to price fluctuation and possible loss of principal. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Active and frequent trading may increase a shareholder's tax liability and transaction costs. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. These and other risks are discussed in the fund's prospectus. Important Information The information provided is not a complete analysis of every material fact regarding any country, market, industry, security or fund. Because market and economic conditions are subject to change, comments, opinions and analyses are rendered as of the date of this material and may change without notice. A portfolio manager's assessment of a particular security, investment or strategy is not intended as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy; it is intended only to provide insight into the fund's portfolio selection process. Holdings are subject to change. Before investing, carefully consider a fund's investment objectives, risks, charges and expenses. You can find this and other information in each prospectus, or summary prospectus, if available, at www.franklintempleton.com. Please read it carefully. Franklin Distributors, LLC. Member FINRA/SIPC. Franklin Distributors, LLC and Franklin Templeton Investment Solutions are Franklin Templeton companies. CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute. Source: FactSet. Important data provider notices and terms available at www.franklintempletondatasources.com. a. Gross expenses are the fund's total annual operating expenses as of the fund's prospectus available at the time of publication. Actual expenses may be higher and may impact portfolio returns. Net expenses reflect contractual fee waivers, expense caps and/or reimbursements, which cannot be terminated prior to 12/31/2025 without Board consent. Additional amounts may be voluntarily waived and/or reimbursed and may be modified or discontinued at any time without notice. © 2024 Franklin Templeton. All rights reserved. Click to enlarge Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.
- 11/22/2024
|
Transaction in Own Shares
- Transaction in Own Shares 21 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 21 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 21/11/2024 910,000 £26.0050 £25.5350 £25.8102 LSE GBP 21/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 21/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 21/11/2024 640,000 €31.5350 €30.9500 €31.2976 XAMS EUR 21/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 21/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/21/2024
|
On The Brink Of A Potential Asia-Europe LNG Bidding War, I Am Buying Shell
- Europe's worsening natural gas supply situation and rising spot prices suggest an impending LNG bidding war, making Shell an attractive investment due to its robust LNG segment. The Dutch TTF spot price recently shot past the Japanese/Korean JKM spot price after trading lower for most of the year, signaling that a potential start to the bidding war. Shell's valuation and diversified portfolio offer lower downside risk compared to Cheniere, while the latter is a pure LNG play with a higher potential upside.
- 11/21/2024
|
Transaction in Own Shares
- Transaction in Own Shares 20 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 20 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 20/11/2024 1,135,000 £25.7500 £25.4800 £25.6041 LSE GBP 20/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 20/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 20/11/2024 774,000 €31.2350 €30.9600 €31.0937 XAMS EUR 20/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 20/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/20/2024
|
Shell Exits Carbon Offset Market: A Pivot for Strategic Shift
- SHEL plans to sell its carbon-based projects to prioritize profits by investing in high-return ventures.
- 11/20/2024
|
Transaction in Own Shares
- Transaction in Own Shares 19 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 19 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 19/11/2024 1,350,000 £26.0200 £25.6650 £25.7868 LSE GBP 19/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 19/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 19/11/2024 800,000 €31.4850 €31.0050 €31.1738 XAMS EUR 19/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 19/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/19/2024
|
Transaction in Own Shares
- Transaction in Own Shares 18 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 18 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 18/11/2024 1,150,000 £25.9900 £25.5200 £25.7597 LSE GBP 18/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 18/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 18/11/2024 850,000 €31.4050 €30.9250 €31.1502 XAMS EUR 18/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 18/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/18/2024
|
Transaction in Own Shares
- Transaction in Own Shares 15 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 15 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 15/11/2024 1,647,100 £25.7400 £25.2500 £25.5991 LSE GBP 15/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 15/11/2024 100,000 £25.7400 £25.2800 £25.5960 BATS (BXE) GBP 15/11/2024 1,130,000 €31.2300 €30.6700 €31.0514 XAMS EUR 15/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 15/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/15/2024
|
4 Integrated Energy Stocks to Watch Amid Industry Challenges
- Rising demand for renewable energy is adding uncertainty to the prospects of the Zacks Oil and Gas Integrated International industry's outlook. XOM, SHEL, BP & E will probably overcome market challenges.
- 11/15/2024
|
TotalEnergies, BP, Equinor and Shell commit $500 mln to boost energy access
- Leading energy companies TotalEnergies , BP , Shell and Equinor announced a $500-million joint investment commitment, aimed at increasing people's access to sustainable modern energy sources.
- 11/15/2024
|
Transaction in Own Shares
- Transaction in Own Shares 14 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 14 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 14/11/2024 1,637,700 £25.4500 £25.1300 £25.3326 LSE GBP 14/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 14/11/2024 500,000 £25.4500 £25.1300 £25.3327 BATS (BXE) GBP 14/11/2024 1,416,900 €30.9750 €30.6100 €30.8284 XAMS EUR 14/11/2024 10,544 €30.7150 €30.6150 €30.6667 CBOE DXE EUR 14/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/14/2024
|
Shell CEO Wael Sawan: Shell's transition is underway and underlying value can now be unlocked
- Wael Sawan, Shell CEO, joins 'Money Movers' to discuss Sawan's expectations for policy changes under the Trump administration, if the U.S. will apply more sanctions on Iran, and much more.
- 11/14/2024
|
Glut of oil predicted next year by key agency
- Oil supply will exceed demand by more than one million barrels a day next year, according to the latest forecast by the International Energy Agency. That amounts to a glut of around 1% of global output even with recent capacity reductions by major oil producers.
- 11/14/2024
|
Shell Wins Appeal Against Earlier Court Ruling to Cut Emissions
- The historic 2021 ruling against SHEL was dismissed by the Dutch Court, reversing its climate obligations to cut carbon emissions.
- 11/14/2024
|
Senior aide to Argentina's Milei says Shell eying LNG investment, according to report
- The cabinet chief to Argentine President Javier Milei cited oil major Shell as a potential investor in a future liquefied natural gas (LNG) project to be run by the country's state oil firm YPF , according to newspaper La Nacion.
- 11/13/2024
|
Transaction in Own Shares
- Transaction in Own Shares 13 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 13 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 13/11/2024 75,000 £25.3450 £25.0400 £25.1787 LSE GBP 13/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 13/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 13/11/2024 48,000 €30.8250 €30.4150 €30.6077 XAMS EUR 13/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 13/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/13/2024
|
Exclusive: Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say
- Glencore and Chandra Asri, gearing up to complete their takeover of Shell's landmark Singapore refinery, have set up a new operating company and will earmark roughly 20% of output for the plant's outgoing owner, sources familiar with the matter said.
- 11/13/2024
|
Oil giant Shell wins appeal against climate activists in landmark carbon-emissions case
- A court in the Netherlands has overturned a 2021 ruling ordering Shell to cut carbon emissions by 45% by 2030, dealing a blow to climate activist groups.
- 11/12/2024
|
Transaction in Own Shares
- Transaction in Own Shares 12 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 12 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 12/11/2024 572,000 £25.6000 £25.1300 £25.3235 LSE GBP 12/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 12/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 12/11/2024 375,000 €31.2350 €30.5650 €30.8892 XAMS EUR 12/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 12/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/12/2024
|
Shell and Equinor fight challenges to UK North Sea gas, oil projects
- Shell and Equinor on Tuesday urged a Scottish court to uphold Britain's approval for the development of two vast North Sea oil and gas fields, as environmental campaigners attempted to block the projects.
- 11/12/2024
|
Shell Wins Appeal Against Landmark Ruling That Ordered It To Slash 45% Of Its Emissions By 2030
- A Dutch appeals court on Tuesday ruled in favor of oil giant Shell and overturned a landmark 2021 ruling by a lower court, which had ordered the company to sharply reduce its carbon emissions by the end of this decade, a major blow to activists pursuing legal measures to force companies to act on climate change.
- 11/12/2024
|
Shell hails appeal win in landmark Dutch climate case
- Shell PLC (LSE:SHEL, NYSE:SHEL) has hailed its victory in overturning a landmark ruling requiring the oil giant to slash emissions. The Court of Appeal in the Netherlands on Tuesday overturned a 2021 district court decision which had ordered Shell to cut carbon emissions by 45% come 2030, including those produced through use of its fuel, known as scope three.
- 11/12/2024
|
Highlights from ruling in Shell's climate case
- A Dutch appeals court on Tuesday dismissed a landmark 2021 ruling, ordering oil and gas giant Shell to accelerate carbon reduction efforts that was seen as a turning point in climate litigation.
- 11/12/2024
|
Legal action starts over Shell's Jackdaw and Equinor's Rosebank North Sea fields
- Shell PLC (LSE:SHEL, NYSE:SHEL) is facing a big day in court as two highly contested legal cases in the UK and Netherlands come to a head. In Scotland, a legal challenge to the oil giant's proposed Jackdaw North Sea gas development gets underway.
- 11/12/2024
|
Oil giant Shell wins appeal against landmark Dutch climate ruling to slash emissions
- A Dutch court on Tuesday ruled to dismiss a landmark climate ruling against Shell, which in 2021 had ordered the oil giant to drastically reduce its global carbon emissions. The outcome, which comes during the opening days of the COP29 climate summit in Azerbaijan, marks the latest twist in a long-running and precedent-setting case.
- 11/12/2024
|
Shell welcomes Dutch Court of Appeal ruling
- Shell plc Shell welcomes Dutch Court of Appeal ruling November 12, 2024 Today, the Court of Appeal of The Hague overturned the District Court of The Hague's 2021 ruling in the case brought against Shell plc by Milieudefensie, other NGOs and a group of private individuals. “We are pleased with the court's decision, which we believe is the right one for the global energy transition, the Netherlands and our company,” said Shell plc Chief Executive Officer Wael Sawan.
- 11/12/2024
|
Shell wins appeal in landmark emissions case
- Shell has won its appeal against a climate court ruling that it must sharply reduce its carbon emissions.
- 11/12/2024
|
Shell wins appeal against landmark Dutch climate ruling
- Oil and gas company Shell on Tuesday won its appeal against a landmark climate ruling in the Netherlands, which in 2021 ordered the oil and gas company to sharply reduce greenhouse gas emissions.
- 11/12/2024
|
Transaction in Own Shares
- Transaction in Own Shares 11 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 11 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 11/11/2024 851,000 £25.7900 £25.4500 £25.6149 LSE GBP 11/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 11/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 11/11/2024 512,000 €31.4650 €31.1350 €31.3083 XAMS EUR 11/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 11/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/11/2024
|
AstraZeneca, Vodafone, Shell court ruling set the stage for busy Tuesday
- A busy Tuesday will see AstraZeneca, Vodafone and Flutter all report, while UK unemployment figures and Shell's court ruling in the Netherlands will also be in focus.
- 11/11/2024
|
Dutch court to rule on Shell appeal against landmark climate order
- A Dutch court will decide on Tuesday whether to uphold a landmark climate ruling against Shell , which in 2021 ordered the oil and gas company to sharply reduce greenhouse gas emissions.
- 11/11/2024
|
High Yield Oil And Gas Ranked By Relative Quality
- With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-factor relative value matrix and ranked from most to least favorable. Based on this evaluation, EQNR, VRN, MGYOY, PCCYF, and CHRD appear to be the best prospects.
- 11/10/2024
|
Shell Confirms Gas Discovery in the Southern North Sea Selene Well
- SHEL and Deltic Energy confirm significant gas discovery at the Selene prospect in the U.K. Southern North Sea, signaling development.
- 11/08/2024
|
Transaction in Own Shares
- Transaction in Own Shares 08 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 08 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 08/11/2024 1,100,000 £26.0200 £25.5850 £25.7808 LSE GBP 08/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 08/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 08/11/2024 715,000 €31.6250 €31.1450 €31.3496 XAMS EUR 08/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 08/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/08/2024
|
British Energy Majors May Lean More On Oil And Gas To Boost Profits
- A rather unsubtle change is afoot at the world's two British oil majors - BP (LON: BP) and Shell (LON: SHEL). Having pledged and burnt millions on renewable energy moves under their former bosses, both are now turning to traditional oil and gas plays to earn back more than few millions under current ones.
- 11/08/2024
|
Transaction in Own Shares
- Transaction in Own Shares 07 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 07 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 07/11/2024 1,034,291 £26.2900 £26.0050 £26.1342 LSE GBP 07/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 07/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 07/11/2024 676,000 €31.8900 €31.5650 €31.7236 XAMS EUR 07/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 07/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/07/2024
|
Shell's Dutch environmental battle reaches next stage Tuesday with appeal verdict
- Shell PLC's (LSE:SHEL, NYSE:SHEL) next round in its battle with Dutch environmentalists concludes on Tuesday when the verdict on its appeal against the 2021 ruling is announced. The Anglo-Dutch giant was stunned when it lost the original case, which has been cited though not confirmed as a reason for its domicile shift from its traditional home of the Netherlands to the UK.
- 11/07/2024
|
Shell's Rheinland Refinery to be Transformed to Produce Base Oils
- SHEL is all set to lead Europe's energy landscape by converting its Rheinland refinery in Germany: shifting from crude oil to premium base oils.
- 11/07/2024
|
Transaction in Own Shares
- Transaction in Own Shares 06 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 06 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 06/11/2024 1,065,000 £26.2350 £25.7650 £25.9304 LSE GBP 06/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 06/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 06/11/2024 688,000 €31.7850 €31.2350 €31.4428 XAMS EUR 06/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 06/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/06/2024
|
Shell: Smashing Estimates Again, Reiterating Top Pick
- Q3 earnings came in 12% ahead of consensus, as strong results in LNG and further progress in cost savings offset a weaker refining business. On both a Q3 and 9M 24 y/y basis, Shell significantly outperformed peers in earnings power, being the only major to deliver y/y EPS growth for both periods. Cash generation was another key highlight with $9.7B in FCF implying a ~$40B/year run-rate (~20% FCF yield) while buybacks continue at $3.5B/quarter (~7% yield).
- 11/05/2024
|
Transaction in Own Shares
- Transaction in Own Shares 05 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 05 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 05/11/2024 1,078,300 £26.1000 £25.8450 £26.0212 LSE GBP 05/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 05/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 05/11/2024 709,150 €31.4500 €31.1200 €31.3435 XAMS EUR 05/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 05/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/05/2024
|
Shell Q3 Earnings Beat as High LNG Sales Offset Refining Woes
- SHEL reported cash flow from operations of $14.7 billion in Q3, returned $2.2 billion to its shareholders through dividends and spent $4.7 billion on capital projects.
- 11/05/2024
|
Nauticus Robotics Completes Initial 2024 Gulf of Mexico Field Survey Work for Shell
- HOUSTON , Nov. 5, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, successfully completed its initial 2024 Gulf of Mexico (GOM) survey scope for Shell Exploration and Production Inc ("Shell"), a subsidiary of Shell plc (NYSE: SHEL), an international energy company based in the United Kingdom. The successful completion of this work combined with the submission of a final report completes the initial 2024 scope for the service contract awarded in 2023.
- 11/05/2024
|
Greece Data Center Colocation Market Supply & Demand Analysis 2024-2029: Core & Shell vs. Installed vs.
- Dublin, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The "Greece Data Center Colocation Market - Supply & Demand Analysis 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Greece Data Center Colocation Market was valued at USD 56 Billion in 2023, and is expected to reach USD 125 Billion by 2029, rising at a CAGR of 14.32%. The region has around 15 active colocation data centers, with a rising number of facilities. As an emerging market in Western Europe, Greece is seeing substantial growth in data center development. Furthermore, the average rack power density in Greece is around 3-12 kW in 2024, which is likely to increase to 8-10 kW by 2028 through increased deployment of big data, IoT, AI, and ML workloads and the entry of hyperscale/cloud operators in the market.
- 11/05/2024
|
Transaction in Own Shares
- Transaction in Own Shares 04 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 04 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 04/11/2024 1,200,000 £26.1850 £25.9650 £26.0547 LSE GBP 04/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 04/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 04/11/2024 667,500 €31.4600 €31.2100 €31.3259 XAMS EUR 04/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 04/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/04/2024
|
Shell plc (SHEL) Q3 2024 Earnings Call Transcript
- Shell plc (NYSE:SHEL ) Q3 2024 Earnings Conference Call October 31, 2024 9:30 AM ET Company Participants Wael Sawan - CEO Sinead Gorman - CFO Conference Call Participants Josh Stone - UBS Ryan Todd - Piper Sandler Lydia Rainforth - Barclays Biraj Borkhataria - Royal Bank of Canada Alastair Syme - Citi Rodger Reed - Wells Fargo Michele Della Vigna - Goldman Sachs Irene Himona - Bernstein Giacomo Romeo - Jefferies Lucas Herrmann - BNP Matt Lofting - JP Morgan Doug Leggate - Wolfe Research Kim Fustier - HSBC Christopher Kuplent - Bank of America Martijn Rats - Morgan Stanley Wael Sawan Thank you for joining us today. We hope that after watching this presentation, you've seen we delivered strong results in the quarter and how we are well-positioned to remain resilient throughout the cycle.
- 11/02/2024
|
Shell Reports Strong Q3: Analysts Highlight Robust Buybacks Amid Market Challenges
- Shell PLC SHEL shares are trading relatively flat on Friday.
- 11/01/2024
|
Transaction in Own Shares
- Transaction in Own Shares 01 November, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 01 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 01/11/2024 840,000 £26.2400 £25.8350 £25.9779 LSE GBP 01/11/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 01/11/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 01/11/2024 625,000 €31.4500 €31.0400 €31.2768 XAMS EUR 01/11/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 01/11/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 11/01/2024
|
Shell's 'fortress balance sheet' underlines its appeal, say City analysts
- Shell PLC (LSE:SHEL, NYSE:SHEL) is firmly entrenched as one of RBC's top thirty investment ideas after its third-quarter update, with its appeal underpinned by what the Canadian bank describes as a 'fortress balance sheet'. Notable in the latest numbers was that the earnings beat was not driven by a single division but broad-based, RBC adds.
- 11/01/2024
|
Shell: Take The Time To Consider This Given The Strong Earnings Report
- Shell should outperform the coming period of weak oil and gas prices. Mr. Market usually goes to extremes. Extreme pessimism often means a bargain price. The company will get its share of growth projects for a long-term growth rate in the single digits.
- 11/01/2024
|
Transaction in Own Shares
- Transaction in Own Shares 31 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 31 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 31/10/2024 840,000 £25.7650 £25.1600 £25.4658 LSE GBP 31/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 31/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 31/10/2024 625,000 €30.8650 €30.3650 €30.6160 XAMS EUR 31/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 31/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
- 10/31/2024
|
Higher Asian LNG prices boost Shell Q3 sales vs TotalEnergies
- Higher production and sales in Asia helped Shell's liquefied natural gas (LNG) business outshine TotalEnergies' in the third quarter, analysts and traders said, even as group profits at both were hit by a slump in oil refining.
- 10/31/2024
|
Shell Acquires a 609 MW Gas Turbine Power Plant in the United States
- SHEL's acquisition of the RISEC power plant reinforces its foothold in New England, enhancing energy supply security and supporting decarbonization.
- 10/31/2024
|
Shell shares rise as oil major brushes off impacts of global refining slump
- The British oil major beat forecasts in posting a 4% drop in its third-quarter profits to $6 billion in the face of a global slump in the market for refined products including diesel, jet fuel and gasoline
- 10/31/2024
|
Shell keeps up dividend and buyback pace as profits barely dented by lower oil prices
- Shell PLC (LSE:SHEL, NYSE:SHEL) unveiled a smaller decline in third-quarter profits than expected and announced a repeat of the same dividend and $3.5 billion share buyback from previous quarters. The oil and gas supermajor reported quarterly adjusted profits of just over $6 billion, down 4% from the second quarter and compared to a year ago, but around 12% better than the average analyst forecast.
- 10/31/2024
|
Shell Q3 profits of $6 bln 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 gas sales.
- 10/31/2024
|
Oil giant Shell posts small drop in third-quarter profit to $6 billion, beating expectations
- British oil giant Shell on Thursday posted stronger-than-expected third-quarter profit, partly owing to a sharp drop in crude prices.
- 10/31/2024
|
Shell Plc 2025 Interim Dividend Timetable
- SHELL PLC 2025 INTERIM DIVIDEND TIMETABLE London, October 31, 2024 The Board of Shell plc today announced the intended timetable for the 2025 quarterly interim dividends. 2025 Interim Dividend Timetable Event 4th Quarter 2024 1st Quarter 2025 2nd Quarter 2025 3rd Quarter 2025 Announcement date January 30, 2025 May 2, 2025 July 31, 2025 October 30, 2025 Ex- Dividend Date for ADSs February 14, 2025 May 16, 2025 August 15, 2025 November 14, 2025 Ex- Dividend Date for ordinary shares February 13, 2025 May 15, 2025 August 14, 2025 November 13, 2025 Record date February 14, 2025 May 16, 2025 August 15, 2025 November 14, 2025 Closing date for currency election (see Note below) February 28, 2025 June 2, 2025 September 1, 2025 November 28, 2025 Pounds sterling and euro equivalents announcement date March 10, 2025 June 9, 2025 September 8, 2025 December 8, 2025 Payment date March 24, 2025 June 23, 2025 September 22, 2025 December 18, 2025 Note A different currency election date may apply to shareholders holding shares in a securities account with a bank or financial institution ultimately holding through Euroclear Nederland.
- 10/31/2024
|
Shell announces commencement of a share buyback programme
- Shell plc Shell announces commencement of a share buyback programme October 31, 2024 Shell plc (the ‘Company') today announces the commencement of a $3.5 billion share buyback programme covering an aggregate contract term of approximately three months (the ‘programme'). The purpose of the programme is to reduce the issued share capital of the Company.
- 10/31/2024
|
Shell plc Third Quarter 2024 Interim Dividend
- Shell plc Third Quarter 2024 Interim Dividend London, October 31, 2024 − The Board of Shell plc (the “Company”) (XLON: SHEL, XNYS: SHEL, XAMS: SHELL) today announced an interim dividend in respect of the third quarter of 2024 of US$ 0.344 per ordinary share. Details relating to the third quarter 2024 interim dividend Per ordinary share (GB00BP6MXD84) Q3 2024 Shell Shares (US$) 0.344 Shareholders will be able to elect to receive their dividends in US dollars, euros or pounds sterling.
- 10/31/2024
|
Shell plc publishes third quarter 2024 press release
- London, October 31, 2024 "Shell delivered another set of strong results. We continue to deliver more value with less emissions, whilst enhancing the resilience of our balance sheet.
- 10/31/2024
|
Director/PDMR Shareholding
- NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES October 30, 2024 Shell plc (the "Company") announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have received the number of shares of the Company as set out below following the vesting of conditional awards granted on October 28, 2022 under the Shell Share Plan. PDMR Date Acquired Share Type Number of shares vested Philippa Bounds 28 October 2024 SHEL (LSE) 8404.91 Robertus Mooldijk 28 October 2024 SHELL (AMS) 8378.04 Rachel Solway 28 October 2024 SHEL (LSE) 8404.91 The Notification of Dealing Form for each PDMR can be found below.
- 10/30/2024
|
COPT Defense Acquires Land for Data Center Shell Development near Des Moines, IA and an 80,000 Square Foot Building in San Antonio, TX
- COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) acquired a 365-acre land parcel near Des Moines, Iowa in late September for $32 million to expand its data center shell program. The existing zoning on the land allows for data center development and initial plans indicate that the site can accommodate approximately 3.3 million square feet of development, supported by an estimated 1 gigawatt of power capacity. Also, late in the third quarter, t.
- 10/28/2024
|
Shell Set to Report Q3 Earnings: What's in Store for the Stock?
- SHEL beat the Zacks Consensus Estimate for earnings in each of the last four quarters, resulting in an earnings surprise of 12.6%, on average.
- 10/28/2024
|
Transaction in Own Shares
- Transaction in Own Shares 25 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 25 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 25/10/2024 569,895 £25.5700 £25.3350 £25.4558 LSE GBP 25/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 25/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 25/10/2024 650,741 €30.9750 €30.6650 €30.8302 XAMS EUR 25/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 25/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/25/2024
|
Shell's Upcoming Earnings: A Beat Seems Likely, Don't Expect A Surging Share Price
- Shell is expected to beat earnings and likely revenue, but this doesn't translate into a buy recommendation due to my expectation of a muted market response. Shell's earnings history under CEO Wael Sawan shows mixed results, with a rough start but a recent string of beats. The company continues to make significant buybacks, but oil and gas sector weakness and valuation concerns suggest holding rather than buying.
- 10/25/2024
|
Transaction in Own Shares
- Transaction in Own Shares 24 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 24 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 24/10/2024 956,930 £25.7250 £25.3800 £25.5256 LSE GBP 24/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 24/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 24/10/2024 907,870 €31.1850 €30.7550 €30.9489 XAMS EUR 24/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 24/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/24/2024
|
Shell set for low key third quarter after refining warning
- Shell PLC (LSE:SHEL, NYSE:SHEL) has already flagged a sharp decline in refining profit margins for the third quarter due to weaker global demand though it upgraded its LNG and upstream oil forecasts. Jefferies expects the Anglo-Dutch giant, which will release its results on October 31, to post a net income of $5.4 billion for the third quarter.
- 10/24/2024
|
Transaction in Own Shares
- Transaction in Own Shares 23 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 23 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 23/10/2024 944,000 £25.6200 £25.3750 £25.4845 LSE GBP 23/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 23/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 23/10/2024 870,000 €31.1350 €30.7500 €30.9375 XAMS EUR 23/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 23/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/23/2024
|
Shell setback upsets Nigeria's quest to lure investment
- Nigeria's decision this week to block Shell's $2.4 billion sale of its onshore assets has sent a negative signal to investors the country urgently needs to strengthen its all-important oil sector, analysts said.
- 10/23/2024
|
Shell enters deal to buy RISEC Holdings
- Shell plc said on Wednesday its unit, Shell Energy North America, has agreed to acquire 100% equity stake in RISEC Holdings, the owner of a 609-megawatt gas power plant in Rhode Island.
- 10/23/2024
|
German court rejects Rosneft's challenge to Shell's refinery stake sale
- A German court on Wednesday dismissed a complaint by Russian oil firm Rosneft against Shell's planned sale of a stake in Germany's Schwedt refinery, a spokesperson for the court said.
- 10/23/2024
|
Transaction in Own Shares
- Transaction in Own Shares 22 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 22 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 22/10/2024 826,600 £25.7250 £25.3850 £25.5758 LSE GBP 22/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 22/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 22/10/2024 803,370 €31.1550 €30.7900 €30.9850 XAMS EUR 22/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 22/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/22/2024
|
Transaction in Own Shares
- Transaction in Own Shares 21 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 21 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 21/10/2024 677,000 £25.6950 £25.5100 £25.6066 LSE GBP 21/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 21/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 21/10/2024 729,100 €31.1600 €30.9100 €31.0322 XAMS EUR 21/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 21/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/21/2024
|
Nigeria fails to approve Shell asset sale to Renaissance
- Nigeria has failed to approve the sale of Shell's entire onshore and shallow-water oil and gas in the Niger Delta region to Renaissance, the country's upstream regulator said on Monday.
- 10/21/2024
|
Shell's Onshore Oil Field Sale Worth $1.3B in Nigeria Suffers Setback
- SHEL's onshore oil market divestment gets stalled by the Nigerian oil regulator as the Renaissance Group is deemed unqualified to manage the assets.
- 10/21/2024
|
Shell and Singapore Port Authority contain pipeline leak
- Major energy company Shell and Singapore's Maritime and Port Authority deployed clean-up measures after a leak from a land-based pipeline, they said on Sunday.
- 10/20/2024
|
Transaction in Own Shares
- Transaction in Own Shares 18 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 18 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 18/10/2024 900,000 £25.7000 £25.2550 £25.4736 LSE GBP 18/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 18/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 18/10/2024 850,000 €31.2100 €30.6300 €30.9154 XAMS EUR 18/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 18/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/18/2024
|
Transaction in Own Shares
- Transaction in Own Shares 17 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 17 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 17/10/2024 750,000 £25.6450 £25.3150 £25.5127 LSE GBP 17/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 17/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 17/10/2024 778,000 €31.0850 €30.5850 €30.8870 XAMS EUR 17/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 17/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/17/2024
|
Former THG directors plan AIM float for shell company Selkirk Group
- Selkirk Group PLC, a shell company founded by two early backers of Hut Group owner THG and with funds from Kelso Group Holdings PLC (LSE:KLSO), is looking to raise £7.5 million in an AIM float in order to target the acquisition of a single company valued between £30 million and £1 billion. The company is led by executive chairman Iain McDonald, the former chair of THG and an early investor in ASOS PLC (LSE:ASC), Anatwine and Eagle Eye Solutions Group PLC (AIM:EYE), who also sits on the board of Boohoo Group PLC (AIM:BOO).
- 10/17/2024
|
Shell (SHEL) Beats Stock Market Upswing: What Investors Need to Know
- In the latest trading session, Shell (SHEL) closed at $66.64, marking a +0.85% move from the previous day.
- 10/16/2024
|
Transaction in Own Shares
- Transaction in Own Shares 16 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 16 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 16/10/2024 919,780 £25.4800 £25.2600 £25.3733 LSE GBP 16/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 16/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 16/10/2024 954,200 €30.7700 €30.5200 €30.6535 XAMS EUR 16/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 16/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/16/2024
|
Petrobras, Shell and CNOOC Sign Contracts to Expand in Brazil
- PBR signs contracts for offshore blocks in Brazil along with Shell and CNOOC, solidifying its diversification plan and boosting energy reserves for the future.
- 10/16/2024
|
Shell's $1.3bn Nigerian business sale reportedly blocked
- Shell PLC (LSE:SHEL, NYSE:SHEL) has reportedly seen proposals to sell its Nigerian business blocked by the country's oil regulator. Local newspaper ThisDay reported on Wednesday that the US$1.3 billion sale had not been approved since buyer Renaissance Group was not qualified to manage the projects.
- 10/16/2024
|
Nigeria rejects Shell's $1.3 billion oil asset sale, ThisDay reports
- Nigeria's oil regulator has rejected Shell's proposed $1.3 billion sale of its onshore oilfields to Renaissance group because the buyer is not qualified to manage the assets, Lagos-based ThisDay newspaper reported on Wednesday.
- 10/16/2024
|
NNPC-Shell JV Agrees to Supply Gas to $3.3 Billion Methanol Project
- SHEL and its partners, including NNPC, join hands to supply gas to Brass Fertilizer to start a $3.3 billion project.
- 10/15/2024
|
Transaction in Own Shares
- Transaction in Own Shares 15 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 15 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 15/10/2024 1,000,000 £25.3650 £24.9200 £25.0534 LSE GBP 15/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 15/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 15/10/2024 940,000 €30.7200 €30.2200 €30.3759 XAMS EUR 15/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 15/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/15/2024
|
Why ExxonMobil, Shell, and ConocoPhillips Stocks Dropped Tuesday
- Can you afford to wait another year for oil prices to rise? Can you afford not to buy oil stocks before they do?
- 10/15/2024
|
Transaction in Own Shares
- Transaction in Own Shares 14 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 14 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 14/10/2024 834,846 £25.9900 £25.8050 £25.8956 LSE GBP 14/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 14/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 14/10/2024 795,000 €31.3650 €31.1550 €31.2647 XAMS EUR 14/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 14/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/14/2024
|
Nigerian Communities Win Legal Battle Against Shell
- The UK Court of Appeal rules against SHEL, paving the way for a full trial in the environmental justice case filed by two Nigerian communities.
- 10/14/2024
|
Transaction in Own Shares
- Transaction in Own Shares 11 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 11 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 11/10/2024 816,000 £26.0500 £25.8200 £25.9815 LSE GBP 11/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 11/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 11/10/2024 816,000 €31.4350 €31.1050 €31.3426 XAMS EUR 11/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 11/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/11/2024
|
Jeff Shell is about to lead Paramount. He may have runway to make bold changes he couldn't at NBC
- Former NBCUniversal CEO Jeff Shell is primed to take over as president of Paramount Global after its merger with Skydance Media is complete. Shell developed a reputation at NBCUniversal for having big ideas and what one former coworker described as a "shoot first and aim later" mentality.
- 10/11/2024
|
US regulator denies Shell's request for older Venture Global LNG's documents
- Shell on Thursday lost a bid to have U.S. regulators allow it to view nonpublic commissioning documents related to Venture Global LNG's Calcasieu Pass facility, a setback in a broader dispute over access to cargoes from the plant.
- 10/10/2024
|
Transaction in Own Shares
- Transaction in Own Shares 10 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 10 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 10/10/2024 747,770 £26.1100 £25.7850 £25.9393 LSE GBP 10/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 10/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 10/10/2024 765,230 €31.4800 €31.1350 €31.2930 XAMS EUR 10/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 10/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/10/2024
|
Shell Issues Q3 Profit Warning Over Lower Refining Margins
- SHEL's profit margin in the Refining segment has dropped 30% sequentially, mainly due to a decline in the demand for refined products globally.
- 10/10/2024
|
3 Key Stocks Leading the Energy Transition Race: EQNR, SHEL, ENB
- There are abundant opportunities for energy firms with a footprint in oil & gas resources and renewable energy. Three such companies are EQNR, SHEL & ENB.
- 10/10/2024
|
Transaction in Own Shares
- Transaction in Own Shares 09 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 09 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 09/10/2024 950,000 £25.8900 £25.6300 £25.7633 LSE GBP 09/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 09/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 09/10/2024 922,000 €31.1900 €30.8800 €31.0512 XAMS EUR 09/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 09/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/09/2024
|
Shell Signs Massive Naphtha Supply Agreement With QatarEnergy
- The naphtha supply deal strengthens the long-standing partnership between SHEL and QatarEnergy. QatarEnergy will supply 18 million metric tons of naphtha to Shell for 20 years.
- 10/09/2024
|
Should I 'buy' Shell or BP? Here's what a leading investment bank has to say
- Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC face mixed forecasts as they prepare for third-quarter reports, according to JP Morgan's latest research on the oil and gas sector. Both companies are expected to see lower profits in the upcoming quarter, though Shell's outlook is seen as more stable than BP's, reinforcing its position as a preferred investment.
- 10/09/2024
|
Transaction in Own Shares
- Transaction in Own Shares 08 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 08 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 08/10/2024 1,000,000 £26.3350 £25.7200 £25.9778 LSE GBP 08/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 08/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 08/10/2024 935,000 €31.6800 €30.9900 €31.2828 XAMS EUR 08/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 08/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/08/2024
|
QatarEnergy signs 20-year naphtha supply deal with Shell
- QatarEnergy has entered into a long-term naphtha supply agreement with Shell , supplying up to 18 million metric tons of naphtha to the London-listed company over 20 years from next April.
- 10/08/2024
|
Shell: Remuneration And Consistency Are Key, Reiterating Buy
- Iran's attack on Israel has escalated tensions, causing crude oil futures to jump. The country's crucial role in OPEC and potential sanctions could lead to sudden changes in oil prices. Shell is progressing well in lowering costs and improving FCF generation. Supportive shareholder remuneration and discounts to peers make SHEL a buy.
- 10/08/2024
|
Transaction in Own Shares
- Transaction in Own Shares 07 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 07 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 07/10/2024 630,000 £26.4150 £25.8100 £26.1905 LSE GBP 07/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 07/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 07/10/2024 540,000 €31.7900 €31.2150 €31.5389 XAMS EUR 07/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 07/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/07/2024
|
Shell (SHEL) Increases LNG Production Forecast Amid Declining Refining Margins
- Shell (SHEL, Financial) saw its shares rise by 1.56%, reaching $69.58. The company announced expectations of a significant decline in refining margins for the third quarter due to reduced global demand, which also impacted oil product trading earnings.
- 10/07/2024
|
These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
- 10/07/2024
|
Shell expects sharp drop in refining margins and higher liquid-natural-gas volumes
- The energy giant said it expects to report a sharp drop in its refining margins when it posts its upcoming third quarter results on Oct. 31.
- 10/07/2024
|
Shell follows Exxon as it hits the downgrade button
- Shell PLC (LSE:SHEL, NYSE:SHEL) weighed in with what is likely to be part of a sectorwide rebasement of forecasts as it reported a sharp decline in refining profit margins for the third quarter due to weaker global demand. In a trading update ahead of its quarterly results, Shell noted that indicative refining margins fell by nearly 30%, dropping to $5.5 per barrel from $7.7 in the previous quarter.
- 10/07/2024
|
Shell says refining margins dropped sharply in third quarter
- Shell's refining profit margins dropped sharply in the third quarter from the previous three months, while oil product trading earnings also weakened, it said on Monday.
- 10/07/2024
|
Shell third quarter 2024 update note
- The following is an update to the third quarter 2024 outlook and gives an overview of our current expectations for the third quarter. Outlooks presented may vary from the actual third quarter 2024 results and are subject to finalisation of those results, which are scheduled to be published on October 31, 2024. Unless otherwise indicated, all outlook statements exclude identified items.
- 10/07/2024
|
Transaction in Own Shares
- Transaction in Own Shares 04 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 04 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 04/10/2024 650,000 £25.8950 £25.6100 £25.7747 LSE GBP 04/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 04/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 04/10/2024 800,000 €31.2750 €30.9300 €31.1141 XAMS EUR 04/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 04/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/04/2024
|
Shell's Atlantic Shores Wind Projects Receive Federal Approval
- SHEL's partnership project "Atlantic Shores" in New Jersey clears the federal barrier while environmental concerns persist.
- 10/04/2024
|
Shell plc Announces Final Results of Exchange Offers
- Press Release October 4, 2024 Shell plc Announces Final Results of Exchange Offers Shell plc (“Shell”) (LSE: SHEL) (NYSE: SHEL) (EAX: SHELL) today announced the final results of its previously announced offers to exchange (the “Exchange Offers” and each, an “Exchange Offer”) up to a maximum aggregate principal amount of $12 billion (the “Maximum Amount”) of any and all validly tendered (and not validly withdrawn) and accepted notes of twelve series issued by Shell International Finance B.V. (“Shell International Finance” and such notes, the “Old Notes”) for a combination of cash and a corresponding series of new notes to be issued by Shell Finance US Inc. (“Shell Finance US”) and fully and unconditionally guaranteed by Shell plc (the “New Notes”).
- 10/04/2024
|
Russia files lawsuit against Shell units, court documents show
- Russia's Prosecutor General has filed a lawsuit against a number of energy major Shell's units, court documents showed on Friday.
- 10/04/2024
|
Shell (SHEL) Ascends While Market Falls: Some Facts to Note
- The latest trading day saw Shell (SHEL) settling at $68.46, representing a +0.94% change from its previous close.
- 10/03/2024
|
Transaction in Own Shares
- Transaction in Own Shares 03 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 03 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 03/10/2024 625,000 £25.6850 £25.2800 £25.4756 LSE GBP 03/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 03/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 03/10/2024 585,000 €30.9300 €30.5150 €30.6700 XAMS EUR 03/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 03/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/03/2024
|
Crude oil holds near $75 a barrel as markets watch for Middle East escalation
- Oil prices remained elevated on Thursday as analysts said financial markets "remained on edge" as tensions in the Middle East are being watched carefully for potential escalation. Following the missle strike by Iran on Israel earlier in the week, Israeli prime minister Benjamin Netanyahu said the country intends to retaliate, warning that Iran "will pay" for its actions, though US president Joe Biden urged Israel not to attack nuclear facilities.
- 10/03/2024
|
Transaction in Own Shares
- Transaction in Own Shares 02 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 02 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 02/10/2024 400,000 £25.5250 £25.0900 £25.3460 LSE GBP 02/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 02/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 02/10/2024 550,000 €31.0350 €30.5400 €30.8273 XAMS EUR 02/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 02/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/02/2024
|
BP and Shell to benefit short-term top picks for leading American investment bank
- Citi has identified BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) as its top short-term picks in the oil sector, citing the potential for a rebound driven by rising demand, particularly from China's economic stimulus.
- 10/02/2024
|
Transaction in Own Shares
- Transaction in Own Shares 01 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 01 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 01/10/2024 560,262 £24.7550 £24.1500 £24.2617 LSE GBP 01/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 01/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 01/10/2024 721,632 €30.2000 €29.3700 €29.6650 XAMS EUR 01/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 01/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 10/01/2024
|
Oil and gold prices spike as Iran reported to prepare for Israel attack
- Prices of oil, gold and shares in defence companies jumped but most stock-market benchmarks tumbled, as financial markets reacted to US reports that Iran is preparing to launch an attack on Israel. "The United States has indications that Iran is preparing to imminently launch a ballistic missile attack against Israel," according to a statement from a senior White House official to US media.
- 10/01/2024
|
Big oil's big payouts under strain as energy prices fall
- Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share repurchases in the face of a drop in oil prices after more than two years of bumper profits, analysts said.
- 10/01/2024
|
Regional Winners of Shell Science Lab Regional Challenge Competition Announced
- MCLEAN, Va.--(BUSINESS WIRE)-- #NSTA--The Shell Science Lab Regional Challenge announced the 24 science teachers selected as regional winners in the annual competition.
- 10/01/2024
|
Jericho Wholesale and Shell Power Up for Pink Aid in October
- WESTPORT, Conn.--(BUSINESS WIRE)--Jericho Wholesale is collaborating with Shell for the launch of Power Up for Pink Aid in October, Breast Cancer Awareness Month. The campaign will benefit Pink Aid, the only national organization providing compassionate support and rapid emergency financial assistance to underserved breast cancer patients. 50 Shell gas stations across Connecticut, Long Island and New York City will participate in Power Up for Pink Aid by wrapping fuel pumps in pink and donating.
- 10/01/2024
|
Director/PDMR Shareholding
- NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES September 30, 2024 Shell plc (the "Company") has been notified that following the payment of the interim dividend on September 23, 2024 in respect of the second quarter of 2024, the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired dividend shares in respect of shares previously delivered to them under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Further information can be found in the Shell plc Annual Report and Form 20-F for the year ended December 31, 2023 (www.shell.com/annualreport).
- 09/30/2024
|
Transaction in Own Shares
- Transaction in Own Shares 30 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 30 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 30/09/2024 905,670 £24.5350 £24.1900 £24.3210 LSE GBP 30/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 30/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 30/09/2024 870,650 €29.7950 €29.3550 €29.5325 XAMS EUR 30/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 30/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/30/2024
|
Charge Your Curiosity With Shell Recharge's Collaboration With Curiosity Stream
- SILVER SPRING, Md. & LONDON--(BUSINESS WIRE)--Shell Recharge and Curiosity (Nasdaq: CURI), the global factual entertainment media company, are teaming up to help drivers stay engaged, educated, and entertained while they ‘charge smart.' The campaign kicks off from October 1st to November 24th, 2024, in the Netherlands. Shell Recharge is giving its app users in The Netherlands free access to Curiosity Stream. Courtesy of Shell, Recharge app users will have immediate access to Curiosity Stream's.
- 09/30/2024
|
Shell (SHEL) Advances While Market Declines: Some Information for Investors
- Shell (SHEL) closed at $66.11 in the latest trading session, marking a +1.18% move from the prior day.
- 09/27/2024
|
Transaction in Own Shares
- Transaction in Own Shares 27 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 27 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 27/09/2024 960,000 £24.3700 £24.1450 £24.2747 LSE GBP 27/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 27/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 27/09/2024 980,000 €29.5800 €29.3100 €29.4776 XAMS EUR 27/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 27/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/27/2024
|
Transaction in Own Shares
- Transaction in Own Shares 26 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 26 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 26/09/2024 1,644,000 £24.5750 £23.9650 £24.2101 LSE GBP 26/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 26/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 26/09/2024 980,000 €29.7350 €29.0500 €29.3659 XAMS EUR 26/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 26/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/26/2024
|
Shell Outbids Competitors to Secure Trinidad Shallow Water Block
- SHEL's victory to secure a key shallow water block in Trinidad and Tobago is significant for increasing gas supply to its majority-owned Atlantic LNG project.
- 09/26/2024
|
Why ExxonMobil, ConocoPhillips, and Shell Stocks Dropped Today
- Continued worries over the effects of a production boost at OPEC+ hurt crude oil prices on Thursday. Additionally, China's economy looks weaker than at any time in the last six months, implying weak demand on top of strong supply.
- 09/26/2024
|
Shell Halts Blue Hydrogen Project in Norway Due to Non-feasibility
- SHEL shelves its blue hydrogen project in Norway due to weak demand, highlighting challenges faced by the clean energy industries.
- 09/26/2024
|
Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility
- Shell , Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway's west coast is now completed and ready to receive CO2, with its first deliveries expected next year.
- 09/26/2024
|
Oil majors BP and Shell spooked by fuel price outlook
- A combination of low fuel pump prices and a dip in Brent crude oil forecasts is weighing on big-cap oil stocks this Thursday. BP plc is currently the biggest faller on the FTSE 100, having shed 4.3% from its share price, while Shell PLC (LSE:SHEL, NYSE:SHEL) is currently off 3.7%.
- 09/26/2024
|
Trinidad selects Shell as preferred bidder for shallow water block, sources say
- Trinidad and Tobago selected oil and gas producer Shell as the preferred bidder for a shallow water block, beating out bids from BP and EOG Resources , three people close to the process said.
- 09/25/2024
|
Transaction in Own Shares
- Transaction in Own Shares 25 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 25 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 25/09/2024 905,000 £25.7300 £25.2250 £25.4532 LSE GBP 25/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 25/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 25/09/2024 885,000 €31.0200 €30.4850 €30.7178 XAMS EUR 25/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 25/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/25/2024
|
Shell, Ithaca and Equinor to face Greenpeace judicial review over Rosebank and Jackdaw fields
- The legal case against Shell PLC (LSE:SHEL, NYSE:SHEL), Equinor and Ithaca Energy PLC (LSE:ITH) concerning two controversial North Sea oil and gas fields has been given permission to go ahead. Scottish courts today granted Greenpeace a judicial review after the environmental group challenged the oil companies with the argument that emissions from burning oil and gas extracted from these fields, situated 80 miles north-west of Shetland, were unlawfully ignored during the approval process.
- 09/25/2024
|
Shell Struggles to Divest Its Stake in German Schwedt Refinery
- SHEL's planned sale of a 37.5% stake in the Schwedt refinery encounters challenges owing to certain pending lawsuits by third parties.
- 09/24/2024
|
Shell starts the process of restoring production at its Stones platform in Gulf of Mexico
- Shell on Tuesday said it started the process of restoring production at its Stones platform while production at Appomattox continues to be curtailed.
- 09/24/2024
|
Transaction in Own Shares
- Transaction in Own Shares 24 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 24 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 24/09/2024 650,000 £25.9550 £25.7050 £25.7944 LSE GBP 24/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 24/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 24/09/2024 850,000 €31.3750 €31.1050 €31.2302 XAMS EUR 24/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 24/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/24/2024
|
Shell buybacks more secure than BP if oil price weakens, suggests US bank
- Shell PLC (LSE:SHEL, NYSE:SHEL) looks a more resilient bet than BP PLC (LSE:BP.) if the crude price remains at around US$70 a barrel, suggests US bank JP Morgan.
- 09/24/2024
|
Transaction in Own Shares
- Transaction in Own Shares 23 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 23 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 23/09/2024 900,000 £25.9050 £25.6250 £25.7559 LSE GBP 23/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 23/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 23/09/2024 847,000 €31.2950 €30.9050 €31.0907 XAMS EUR 23/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 23/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/23/2024
|
Shell to shut production at two oil facilities in Gulf of Mexico
- Shell said on Sunday that it would shut production at its Stones and Appomattox facilities in the Gulf of Mexico as a precautionary measure in response to a tropical disturbance.
- 09/22/2024
|
Scandal-Plagued Contributors Shell Out $102.5 Million to Kill Rent Control and Silence AHF
- LOS ANGELES--(BUSINESS WIRE)--Scandal-Plagued Contributors Shell Out $102.5 Million to Kill Rent Control and Silence AHF.
- 09/20/2024
|
Transaction in Own Shares
- Transaction in Own Shares 20 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 20 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 20/09/2024 898,705 £25.7950 £25.4950 £25.6351 LSE GBP 20/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 20/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 20/09/2024 847,100 €31.0600 €30.6300 €30.8210 XAMS EUR 20/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 20/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/20/2024
|
Publication of Prospectus Supplement
- Shell International Finance B.V. and Shell plc 20 September 2024 Publication of Prospectus Supplement The following documents (the “Documents”) are available for viewing: Prospectus Supplement dated 20 September 2024 Shell plc unaudited condensed consolidated interim financial report as at and for the six month period ended 30 June 2024 Shell plc's Annual Report for the year ended 31 December 2023 Shell plc's Form 20-F for the year ended 31 December 2023 Shell International Finance B.V.
- 09/20/2024
|
Shell (SHEL) Rises But Trails Market: What Investors Should Know
- Shell (SHEL) concluded the recent trading session at $69.17, signifying a +1.47% move from its prior day's close.
- 09/19/2024
|
Transaction in Own Shares
- Transaction in Own Shares 19 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 19 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 19/09/2024 710,831 £26.0050 £25.7950 £25.8998 LSE GBP 19/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 19/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 19/09/2024 585,684 €31.1900 €30.9200 €31.0923 XAMS EUR 19/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 19/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/19/2024
|
Exclusive: Shell faces delay in German refinery stake sale, sources say
- Shell's planned sale of a stake in the Schwedt refinery in Germany is being delayed by pending lawsuits by third parties, two people familiar with the matter said, stalling a divestment the company has waited years for.
- 09/19/2024
|
Shell plc Announces Early Participation Results and Increase in Maximum Amount of Old Notes that may be Accepted in the Previously Announced Exchange Offers
- Press Release September 19, 2024 Shell plc Announces Early Participation Results and Increase in Maximum Amount of Old Notes that may be Accepted in the Previously Announced Exchange Offers Early Participation Premium to be Offered to all Holders Shell plc (“Shell”) (LSE: SHEL) (NYSE: SHEL) (EAX: SHELL) today announced that, as of 5:00 p.m., New York City Time, on September 18, 2024 (the “Early Participation Deadline”), the aggregate principal amounts listed below of the twelve series of notes issued by Shell International Finance B.V.
- 09/19/2024
|
Transaction in Own Shares
- Transaction in Own Shares 18 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 18 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 18/09/2024 770,000 £25.6550 £25.4650 £25.5704 LSE GBP 18/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 18/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 18/09/2024 819,500 €30.8000 €30.5200 €30.6562 XAMS EUR 18/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 18/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/18/2024
|
Rosneft challenge to Shell's Schwedt stake sale unlikely to succeed, says German court
- A complaint by Russian oil firm Rosneft against the planned sale of a stake in Germany's Schwedt refinery by Shell is unlikely to succeed, a German court said on Wednesday, citing a preliminary assessment.
- 09/18/2024
|
Transaction in Own Shares
- Transaction in Own Shares 17 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 17 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 17/09/2024 910,996 £25.7150 £25.5050 £25.6057 LSE GBP 17/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 17/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 17/09/2024 912,920 €30.7950 €30.5400 €30.6424 XAMS EUR 17/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 17/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/17/2024
|
Transaction in Own Shares
- Transaction in Own Shares 16 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 16 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 16/09/2024 1,045,000 £25.5950 £25.3550 £25.4583 LSE GBP 16/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 16/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 16/09/2024 1,036,000 €30.6250 €30.3350 €30.4597 XAMS EUR 16/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 16/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/16/2024
|
Shell (SHEL) Surpasses Market Returns: Some Facts Worth Knowing
- In the latest trading session, Shell (SHEL) closed at $67.45, marking a +0.7% move from the previous day.
- 09/13/2024
|
Transaction in Own Shares
- Transaction in Own Shares 13 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 13 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 13/09/2024 1,501,400 £25.5750 £25.3200 £25.4809 LSE GBP 13/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 13/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 13/09/2024 1,288,000 €30.5950 €30.2850 €30.4655 XAMS EUR 13/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 13/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/13/2024
|
Nigerian communities seek $310 mln from Shell, want asset sale stopped
- Nigerian communities are claiming 505 billion naira ($310 million) in damages from Shell, which they accuse of breaching an existing court order by striking a deal to sell its onshore assets in the Niger Delta, court papers showed on Friday.
- 09/13/2024
|
Transaction in Own Shares
- Transaction in Own Shares 12 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 12 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 12/09/2024 867,504 £25.5400 £25.1100 £25.2714 LSE GBP 12/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 12/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 12/09/2024 846,295 €30.5550 €29.9750 €30.2120 XAMS EUR 12/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 12/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/12/2024
|
Shell now reaping rewards of last year's changes - broker
- Shell PLC (LSE:SHEL, NYSE:SHEL) management and strategy changes last year are now bearing fruit, that's according to analysts at Berenberg – which today repeated a ‘buy' recommendation. The European investment bank highlighted Shell's strong cash flow growth, helped by cost discipline.
- 09/12/2024
|
Transaction in Own Shares
- Transaction in Own Shares 11 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 11 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 11/09/2024 869,457 £25.4050 £25.0050 £25.2337 LSE GBP 11/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 11/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 11/09/2024 846,773 €30.4100 €29.8450 €30.1910 XAMS EUR 11/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 11/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/11/2024
|
Transaction in Own Shares
- Transaction in Own Shares 10 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 10 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 10/09/2024 865,088 £25.5300 £25.0250 £25.3126 LSE GBP 10/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 10/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 10/09/2024 840,785 €30.6000 €29.9450 €30.3194 XAMS EUR 10/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 10/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/10/2024
|
Shell Plans a 20% Cut in Its Workforce to Focus on Profitability
- SHEL's exploration & development and subsurface divisions are expected to undergo restructuring. Its layoff strategy is likely to adversely impact the workforce in Houston.
- 09/10/2024
|
Transaction in Own Shares
- Transaction in Own Shares 09 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 09 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 09/09/2024 857,347 £25.5000 £25.2900 £25.3927 LSE GBP 09/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 09/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 09/09/2024 835,632 €30.5250 €30.3150 €30.4210 XAMS EUR 09/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 09/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/09/2024
|
Shell pauses some oil drilling operations as Storm Francine approaches Texas coast
- Shell paused some drilling operations at its Perdido and Whale offshore platforms in the Gulf of Mexico on Monday, as Storm Francine approaches the Texas coast.
- 09/09/2024
|
Shell plc Second Quarter 2024 Euro and GBP Equivalent Dividend Payments
- SHELL PLC SECOND QUARTER 2024 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS September 9, 2024 The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the second quarter 2024 interim dividend, which was announced on August 1, 2024 at US$0.344 per ordinary share. Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling.
- 09/09/2024
|
3 Cheap Oil Stocks To Buy In September
- It's been a bad week for oil stocks. Even though OPEC+ nations delayed their production cuts scheduled to begin in October, global demand for oil weakened considerably.
- 09/07/2024
|
Transaction in Own Shares
- Transaction in Own Shares 06 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 06 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 06/09/2024 855,000 £25.5900 £25.2150 £25.3985 LSE GBP 06/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 06/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 06/09/2024 830,000 €30.7100 €30.2050 €30.4780 XAMS EUR 06/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 06/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/06/2024
|
Shell, BP slip as oil heads for worst week in a year
- Shares in FTSE 100 heavyweights Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC (LSE:BP.) slipped on Friday as oil prices appeared to head towards their largest weekly decline in almost a year.
- 09/06/2024
|
Transaction in Own Shares
- Transaction in Own Shares 05 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 05 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 05/09/2024 842,339 £25.9000 £25.7350 £25.8344 LSE GBP 05/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 05/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 05/09/2024 822,036 €31.0550 €30.8650 €30.9835 XAMS EUR 05/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 05/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/05/2024
|
Shell and Equinor to fight North Sea actions without government support
- Shell is to fight for its licence to develop the Jackdaw field in the North Sea even though the government has dropped its defence of the project. Greenpeace has lodged a legal action to halt the development of Jackdaw and another North Sea field, Rosebank, because the original go-ahead did not take Scope 3 or product user emissions into account.
- 09/05/2024
|
Shell plc Commences Any and All Exchange Offers of Up To Twelve Series of USD Notes Issued by Shell International Finance B.V.
- Press Release September 5, 2024 Shell plc Commences Any and All Exchange Offers of Up To Twelve Series of USD Notes Issued by Shell International Finance B.V. Shell plc (“Shell”) (LSE: SHEL) (NYSE: SHEL) (EAX: SHELL) today announced the commencement of offers to exchange (the “Exchange Offers” and each, an “Exchange Offer”) any and all validly tendered (and not validly withdrawn) and accepted notes up to a maximum aggregate principal amount of $10 billion (the “Maximum Amount”) of twelve series of notes issued by Shell International Finance B.V.
- 09/05/2024
|
Climate tech startup Mantel to use molten salt to capture factory flue CO2 with $30 mln funding from Shell, VCs
- European oil majors Shell and Eni have led an early stage funding round for climate technology start-up Mantel Capture, which aims to use molten salts to capture carbon dioxide emissions at refineries, factories and other industrial sites.
- 09/05/2024
|
Transaction in Own Shares
- Transaction in Own Shares 04 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 04 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 04/09/2024 844,835 £26.1200 £25.6550 £25.8899 LSE GBP 04/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 04/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 04/09/2024 819,939 €31.3000 €30.7750 €31.0529 XAMS EUR 04/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 04/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/04/2024
|
Shell to Supply LNG to Turkey, Strengthen Energy Security
- SHEL's supply agreement with Turkey should support its energy needs and make up for almost 8% of its current gas requirement.
- 09/04/2024
|
Transaction in Own Shares
- Transaction in Own Shares 03 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 03 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 03/09/24 825,698 £26.9100 £26.1250 £26.3721 LSE GBP 03/09/24 0 £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 03/09/24 0 £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 03/09/24 810,070 £32.2300 £31.3100 £31.6310 XAMS EUR 03/09/24 0 £0.0000 £0.0000 £0.0000 CBOE DXE EUR 03/09/24 0 £0.0000 £0.0000 £0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/03/2024
|
Transaction in Own Shares
- Transaction in Own Shares 02 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 02 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 02/09/2024 810,206 £26.9750 £26.8350 £26.8938 LSE GBP 02/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 02/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 02/09/2024 788,590 €32.3450 €32.1550 €32.2413 XAMS EUR 02/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 02/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 09/03/2024
|
Shell to Sell Sinco Pipeline and Colex Terminal to Edgewater
- SHEL's subsidiary plans to divest its Sinco pipeline and Colex terminal to Edgewater, simplifying its portfolio and focusing on lower-emission projects.
- 09/02/2024
|
Shell (SHEL) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shell (SHEL) have what it takes?
- 08/30/2024
|
Transaction in Own Shares
- Transaction in Own Shares 30 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 30 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 30/08/2024 806,365 £27.2900 £26.6900 £26.9993 LSE GBP 30/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 30/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 30/08/2024 783,685 €32.7350 €31.9800 €32.4205 XAMS EUR 30/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 30/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/30/2024
|
Transaction in Own Shares
- Transaction in Own Shares 29 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 29 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 29/08/2024 802,094 £27.1850 £26.7600 £27.0116 LSE GBP 29/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 29/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 29/08/2024 782,469 €32.6100 €32.1450 €32.3920 XAMS EUR 29/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 29/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/29/2024
|
Shell to axe fifth of exploration staff starting with Britain
- Shell PLC (LSE:SHEL, NYSE:SHEL) is to axe 20% of its exploration and development workforce as chief executive Wael Sawan accelerates his cost-cutting plans, according to Reuters. Hundreds of jobs will be cut around with Britain and the Netherlands to be hit hardest said the report.
- 08/29/2024
|
Exclusive: Shell plans wide cuts in oil exploration division, sources say
- Shell plans to scale back its oil and gas exploration and development workforce by 20% as CEO Wael Sawan widens his cost-saving drive to the highly profitable division after deep cuts in renewables and low-carbon businesses, company sources said.
- 08/29/2024
|
Rosebank, Jackdaw development defence dropped by government
- Britain's government will not defend legal challenges against the development of North Sea oil fields Rosebank and Jackdaw. Brought by Greenpeace and Uplift, the cases surround development at the sites, which are respectively west of Shetland and east of Aberdeen.
- 08/29/2024
|
Transaction in Own Shares
- Transaction in Own Shares 28 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 28 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 28/08/2024 802,222 £27.2250 £26.8100 £26.9747 LSE GBP 28/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 28/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 28/08/2024 777,127 €32.5400 €32.1350 €32.3019 XAMS EUR 28/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 28/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/28/2024
|
Shell's Nigerian Onshore Asset Sale Faces Regulatory Hurdles
- SHEL states that it is not selling its onshore assets directly to Renaissance. The transaction involves a transfer of shares, which means that it will only transfer the ownership of the assets.
- 08/28/2024
|
Petrol should be 6p cheaper a litre as drivers overcharged, RAC warns
- Forecourt prices should be slashed as petrol is sold for 6p more a litre than it should currently be worth, according to RAC. The motor group said an average price of 142p was far ahead of the 103p a litre wholesale value last week, with a coinciding drop in oil and strengthening of the pound meaning drivers should be paying less at the pump.
- 08/28/2024
|
Transaction in Own Shares
- Transaction in Own Shares 27 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 27 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 27/08/2024 793,184 £27.6050 £27.2150 £27.3689 LSE GBP 27/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 27/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 27/08/2024 770,608 €32.8450 €32.5050 €32.6523 XAMS EUR 27/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 27/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/27/2024
|
Shell's Zydeco Pipeline to Undergo Maintenance in September
- SHEL's Zydeco pipeline eases transportation bottlenecks for the crude that arrives in Houston from the prolific Eagle Ford shale, and the Permian and Bakken regions.
- 08/27/2024
|
NSTA Announces Call for Submissions: The 2024-2025 Shell Science Teaching Award and the Shell Urban Science Educators Development Award
- ARLINGTON, Va.--(BUSINESS WIRE)-- #Education--NSTA announces a call for nominations for the 2024-2025 Shell Science Teaching Award and the Shell Urban Science Educators Development Award.
- 08/27/2024
|
Royal Dutch Shell Has Strong Cash Flow That Justifies Its Valuation
- Royal Dutch Shell is a large oil company with a market capitalization of $225 billion, offering low valuation and substantial shareholder returns. The company had a strong second quarter with $13.5 billion in CFFO, $6.3 billion in adjusted earnings, and $10 billion in FCF, supporting hefty shareholder returns. Royal Dutch Shell is focusing on new projects worldwide to generate over 500 thousand barrels/day, with a strong presence in LNG and impressive capital allocation for shareholder returns.
- 08/26/2024
|
Transaction in Own Shares
- Transaction in Own Shares 26 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 26 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 26/08/2024 - £0.0000 £0.0000 £0.0000 LSE GBP 26/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 26/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 26/08/2024 777,288 €32.8700 €32.3250 €32.6124 XAMS EUR 26/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 26/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/26/2024
|
Zacks Industry Outlook Chevron, Shell, BP and Eni SpA
- Chevron, Shell, BP and Eni SpA have been highlighted in this Industry Outlook article.
- 08/26/2024
|
Transaction in Own Shares
- Transaction in Own Shares 23 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 23 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 23/08/2024 804,804 £27.2250 £27.0750 £27.1569 LSE GBP 23/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 23/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 23/08/2024 785,310 €32.3400 €32.1850 €32.2607 XAMS EUR 23/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 23/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/23/2024
|
4 Integrated Energy Stocks to Watch Amid Industry Turbulence
- Weak refining is hurting the Zacks Oil and Gas Integrated International industry's outlook. XOM, SHEL, BP & E will probably overcome market challenges.
- 08/23/2024
|
Transaction in Own Shares
- Transaction in Own Shares 22 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 22 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 22/08/2024 811,882 £27.1000 £26.8850 £27.0078 LSE GBP 22/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 22/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 22/08/2024 790,480 €32.1400 €31.9250 €32.0497 XAMS EUR 22/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 22/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/22/2024
|
Transaction in Own Shares
- Transaction in Own Shares 21 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 21 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 21/08/2024 808,888 £27.2700 £27.0100 £27.1608 LSE GBP 21/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 21/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 21/08/2024 789,603 €32.2400 €31.9100 €32.1258 XAMS EUR 21/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 21/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/21/2024
|
Shell Is Transitioning Back To Being An Oil And Gas Producer
- Shell plc is shifting focus towards maximizing shareholder value by emphasizing liquids and gas production, expanding LNG trading, and pausing less profitable biofuel projects. Despite the shift towards hydrocarbons, Shell remains open to renewable fuels and biofuels, with a focus on long-term strategy and potential government mandates to drive demand. Shell's financials show a flat production rate, with investments in oil & gas developments and LNG terminals, as well as a focus on high grading their portfolio for future energy transition.
- 08/21/2024
|
'MOST CORRUPT': Biden shell companies laundered 'tens of millions' from US enemies, Comer says
- Rep. James Comer, R-Ky., discusses whether President Biden's 'impeachable conduct' matters now that he's leaving the White House on 'Varney & Co.' #foxbusiness #varney
- 08/20/2024
|
Transaction in Own Shares
- Transaction in Own Shares 20 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 20 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 20/08/2024 800,653 £27.9350 £27.3400 £27.5479 LSE GBP 20/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 20/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 20/08/2024 783,270 €32.9650 €32.3300 €32.5586 XAMS EUR 20/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 20/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/20/2024
|
Gold, Bitcoin winners among cost of living inflation-beating investments
- Gold and bitcoin have emerged through the cost of living crisis as clear winners after soaring inflation left investors mulling over where to place funds, analysts say. Three years after living costs began to surge with inflation, AJ Bell said gold had trumped all other investments, as the likes of saving accounts generated negative returns.
- 08/20/2024
|
Transaction in Own Shares
- Transaction in Own Shares 19 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 19 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 19/08/2024 793,985 £28.1800 £27.7400 £27.9840 LSE GBP 19/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 19/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 19/08/2024 774,382 €33.2650 €32.7950 €33.0490 XAMS EUR 19/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 19/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/19/2024
|
Shell (SHEL) Approves Waterflood Project to Boost Output at Vito
- Shell (SHEL) believes that the waterflood project will contribute to additional production of high-margin, lower-carbon barrels and maximize the potential of the Vito field.
- 08/19/2024
|
Transaction in Own Shares
- Transaction in Own Shares 16 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 16 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 16/08/2024 796,250 £28.0750 £27.7900 £27.8748 LSE GBP 16/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 16/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 16/08/2024 777,488 €33.1550 €32.8300 €32.9384 XAMS EUR 16/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 16/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/16/2024
|
Shell (SHEL), PetroChina Surat Gas Project Expansion Underway
- This development aligns with Shell's (SHEL) broader strategy to grow its LNG business by 20-30% by 2030.
- 08/16/2024
|
Petrol prices at six-month low after falling back to February levels
- Petrol prices fell to their lowest since February this week, motor firm the AA reported on Friday. At an average of 143.0p per litre, petrol hit a six-month low, while diesel fell to levels not seen since January at 147.9p.
- 08/16/2024
|
Transaction in Own Shares
- Transaction in Own Shares 15 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 15 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 15/08/2024 812,007 £28.1200 £27.8600 £27.9775 LSE GBP 15/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 15/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 15/08/2024 789,515 €33.1650 €32.7950 €32.9630 XAMS EUR 15/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 15/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/15/2024
|
3 Major Integrated Firms Leading the Energy Transition
- There are abundant opportunities for energy companies with a footprint in oil and gas resources and the renewable energy space. Three such companies are BP, Shell (SHEL) and Eni (E).
- 08/15/2024
|
Are You Looking for a High-Growth Dividend Stock?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shell (SHEL) have what it takes?
- 08/14/2024
|
Transaction in Own Shares
- Transaction in Own Shares 14 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 14 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 14/08/2024 811,487 £28.1950 £28.0050 £28.0864 LSE GBP 14/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 14/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 14/08/2024 778,325 €33.1700 €32.9150 €33.0291 XAMS EUR 14/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 14/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/14/2024
|
Transaction in Own Shares
- Transaction in Own Shares 13 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 13 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 13/08/2024 806,010 £28.0700 £27.7350 £27.8591 LSE GBP 13/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 13/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 13/08/2024 783,555 €33.1700 €32.7400 €32.9157 XAMS EUR 13/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 13/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/13/2024
|
Oil glut on the way by year-end, IEA warns
- Oil production could be on course to outdo supply by the end of this year, the International Energy Agency has warned. Following warnings of a slowdown in global demand on weakness from China, the international agency said there could be surplus supply later this year and into next.
- 08/13/2024
|
LNG Shipping Stocks: Market Turbulence Affects Shippers With Mixed Results
- UPI experienced a 2.30% decline, closing at 160.97 points, while the S&P 500 remained stable. Global market downturn influenced by Japan's sharp decline, with some stocks like Capital Product Partners and Golar LNG showing resilience. New Fortress Energy suffered the most, but mostly due to internal challenges.
- 08/12/2024
|
Transaction in Own Shares
- Transaction in Own Shares 12 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 12 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 12/08/2024 802,626 £28.0900 £27.8600 £27.9765 LSE GBP 12/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 12/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 12/08/2024 781,634 €33.1450 €32.8600 €32.9966 XAMS EUR 12/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 12/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/12/2024
|
Badaam (Almond With Shell) Snack Market to Reach $5.2 Billion, Globally, by 2033 at 4.7% CAGR: Allied Market Research
- Wilmington, Delaware, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, " Badaam (Almond With Shell) Snack Market by Product Type (Roasted, Spicy, Salted and Others), and Distribution Channel (Supermarkets/hypermarkets, Franchised Stores, Online Stores and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the badaam (Almond with shell) snack market was valued at $3.3 billion in 2023, and is estimated to reach $5.2 billion by 2033, growing at a CAGR of 4.7% from 2024 to 2033.
- 08/12/2024
|
Shell to invest in Phase 2 of Surat Gas Project in Australia
- Shell plans to develop its joint venture Arrow Energy's Phase 2 of Surat Gas Project in Queensland, Australia, the global energy giant said on Monday.
- 08/11/2024
|
Shell: Well On Track To Deliver On CMD Sprint
- Promising H1 performance with ~2% sequential production growth from start-ups in Oman and Asia-Pacific. Earnings down 5% vs H1 23 as lower commodity prices were partially offset by stabilizing chemical margins and cost savings. EPS up 2% on lower share count. At $1.7B achieved as of H1, mgmt is well on track to deliver $2-3B in structural savings through YE25. Recent divestments should further improve cost base.
- 08/10/2024
|
Transaction in Own Shares
- Transaction in Own Shares 09 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 09 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 09/08/2024 813,150 £27.8500 £27.5850 £27.7187 LSE GBP 09/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 09/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 09/08/2024 792,279 €32.7900 €32.4450 €32.6459 XAMS EUR 09/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 09/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/09/2024
|
Transaction in Own Shares
- Transaction in Own Shares 08 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 08 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 08/08/2024 813,777 £27.8150 £27.4800 £27.6864 LSE GBP 08/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 08/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 08/08/2024 850,000 €32.7000 €32.1600 €32.4712 XAMS EUR 08/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 08/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/08/2024
|
Transaction in Own Shares
- Transaction in Own Shares 07 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 07 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 07/08/2024 821,397 £27.7300 £27.0900 £27.4635 LSE GBP 07/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 07/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 07/08/2024 800,979 €32.5350 €31.8350 €32.2449 XAMS EUR 07/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 07/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/07/2024
|
Transaction in Own Shares
- Transaction in Own Shares 06 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 06 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 06/08/2024 829,831 £27.2850 £26.7450 £27.0786 LSE GBP 06/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 06/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 06/08/2024 808,117 €32.0250 €31.3500 €31.7869 XAMS EUR 06/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 06/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/06/2024
|
Fuel prices too high but unlikely to fall, says RAC
- Motorists are still paying inflated prices for fuel at the forecourt according to the latest monthly data from the RAC with no signs they will fall soon. Prices are on average between 5p and 8p a litre more than they should be, according to the motoring lobby group.
- 08/06/2024
|
3 Energy Stocks to Sell in August Before They Crash & Burn
- The conflict in the Middle East is only getting worse. After an attack on Israel last week and a subsequent attack on Lebanese leaders, both in Lebanon and Iran, tensions have definitely risen.
- 08/06/2024
|
Transaction in Own Shares
- Transaction in Own Shares 05 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 05 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 05/08/2024 852,222 £27.0650 £26.6000 £26.8334 LSE GBP 05/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 05/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 05/08/2024 831,503 €31.8150 €31.1950 €31.5001 XAMS EUR 05/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 05/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/05/2024
|
Venture Global LNG sues Kiewit, alleges it shared confidential documents with Shell
- U.S. liquefied natural gas company Venture Global LNG sued construction contractor Kiewit on Friday, alleging it passed confidential documents to Shell Plc.
- 08/03/2024
|
Transaction in Own Shares
- Transaction in Own Shares 02 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 02 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 02/08/2024 811,113 £28.4300 £27.7000 £28.0665 LSE GBP 02/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 02/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 02/08/2024 799,212 €33.6800 €32.6950 €33.1940 XAMS EUR 02/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 02/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/02/2024
|
Director/PDMR Shareholding
- NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
- 08/02/2024
|
Shell Stock: Oil & Gas Giant Committed to Buybacks and Dividends
- Shell NYSE: SHEL, the world's fifth-largest oil and gas company, reported Q2 2024 financial results on Aug. 1, 2024. The company has delivered returns above its sector in 2024, with a total return of 13%.
- 08/02/2024
|
Shell plc (SHEL) Q2 2024 Earnings Call Transcript
- Shell plc (NYSE:SHEL ) Q2 2024 Results Conference Call August 1, 2024 9:30 AM ET Company Participants Wael Sawan - CEO Sinead Gorman - CFO Conference Call Participants Lydia Rainforth - Barclays Biraj Borkhataria - RBC Capital Markets Paul Cheng - Scotiabank Giacomo Romeo - Jefferies Roger Read - Wells Fargo Michele Della Vigna - Goldman Sachs Christopher Kuplent - Bank of America Matt Lofting - JPMorgan Lucas Hermann - BNP Irene Himona - Societe General Peter Low - Redburn Atlantic Josh Stone - UBS Kim Fustier - HSBC Operator Welcome to Shell's Second Quarter 2024 Financial Results Announcement. Shell's CEO, Wael Sawan will present the results, then host a Q&A session alongside Shell's CFO, Sinead Gorman.
- 08/01/2024
|
Transaction in Own Shares
- Transaction in Own Shares 01 August, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 01 August 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 01/08/2024 795,138 £28.9900 £28.1150 £28.6304 LSE GBP 01/08/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 01/08/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 01/08/2024 779,178 €34.4600 €33.4300 €34.0475 XAMS EUR 01/08/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 01/08/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.
- 08/01/2024
|
Shell Posts Q2 Adjusted Profit Beat Despite Declining Refining Margins
- Shell (SHEL) on Thursday reported higher-than-forecast second-quarter adjusted earnings, although refining margins at the energy giant dropped from the prior quarter.
- 08/01/2024
|
Shell CEO Wael Sawan on Q2 earnings
- Shell CEO Wael Sawan joins 'Money Movers' to discuss the gas company's earnings report after beating profit expectations, their share buyback program, and more.
- 08/01/2024
|
Shell underlines UK and greening no longer the priority
- Shell PLC (LSE:SHEL, NYSE:SHEL) today underlined how much it is investing in overseas projects just a day after divesting twelve fields in the North Sea and its Bacton gas terminal. The sign-off on the North Sea disposals came a day after Chancellor Rachel Reeves confirmed the windfall levy on North Sea profits would go up by three percentage points.
- 08/01/2024
|
Shell beats expectations as cost-cutting plans boost profitability
- Shell on Thursday beat expectations for the second-quarter in a row as it successfully boosted its profitability through cost-cutting initiatives, in the face of lower oil and natural gas prices.
- 08/01/2024
|
Shell Earnings Set Bar for Exxon, Chevron
- The company said it would buy back $3.5 billion of shares in the third quarter and kept its dividend of $0.344 per share.
- 08/01/2024
|
Here's why Barclays, Rolls-Royce, Next PLC, Shell shares popped
- It was a sea of green in London as investors waited for the upcoming Bank of England (BoE) interest rate decision and the ongoing corporate earnings. The FTSE 100 index rose slightly as some of its biggest constituent companies jumped.
- 08/01/2024
|
Shell launches new buyback as lower fuel prices hit earnings
- Shell PLC (LSE:SHEL, NYSE:SHEL) has unveiled another US$3.5 billion (£2.7 billion) share buyback as profits dipped over the first half of the year on lower gas prices. Following an identical buyback programme earlier in the year, Shell said the latest repurchase would be completed over the coming quarter in interim results on Thursday.
- 08/01/2024
|
Shell posts Q2 profit of $6.3 bln, beating forecasts
- Shell on Thursday reported a second-quarter profit of $6.3 billion, a 19% drop from the previous three months but above forecasts, as weaker refining and liquefied natural gas earnings weighed.
- 08/01/2024
|
Oil giant Shell beats second-quarter profit expectations, launches share buyback program
- Shell on Thursday posted stronger-than-expected second-quarter profit after issuing a warning over lower fossil fuel prices and refining margins.
- 08/01/2024
|
Shell announces commencement of a share buyback programme
- Shell plc Shell announces commencement of a share buyback programme August 1, 2024 Shell plc (the ‘Company') today announces the commencement of a $3.5 billion share buyback programme covering an aggregate contract term of approximately three months (the ‘programme'). The purpose of the programme is to reduce the issued share capital of the Company.
- 08/01/2024
|
Shell plc Second Quarter 2024 Interim Dividend
- London, August 1, 2024 − The Board of Shell plc (the “Company”) today announced an interim dividend in respect of the second quarter of 2024 of US$ 0.344 per ordinary share.
- 08/01/2024
|
Shell plc publishes second quarter 2024 press release
- London, August 1, 2024 "Shell delivered another strong quarter of operational and financial results. We further strengthened our leading LNG portfolio, and made good progress across our Capital Markets Day 2023 financial targets, including $1.7 billion of structural cost reductions since 2022.
- 08/01/2024
|
At boisterous Georgia rally, Kamala Harris says she'll show Trump ‘what real leadership looks like'
- ATLANTA — Vice President Kamala Harris told a cheering, boisterous, packed arena on Tuesday that the next few months would be a serious fight and acknowledged the Democrats were right now the underdogs — but assured the crowd they would win in November.
- 07/30/2024
|
Viaro to buy Shell, Exxon's North Sea assets
- Independent British oil producer Viaro Energy said on Tuesday it would buy UK Southern North Sea assets owned by Shell and Exxon Mobil
- 07/30/2024
|
Why Shell (SHEL) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shell (SHEL) have what it takes?
- 07/29/2024
|
Buy alert: 2 energy stocks with ‘strong buy' ratings for August 2024
- The energy sector has experienced a remarkable turnaround, driven by a confluence of factors, including post-pandemic recovery and geopolitical tensions. The combination of reduced investments during the pandemic and the Russia-Ukraine conflict has created a supply-demand imbalance, pushing oil and natural gas prices to new heights.
- 07/27/2024
|
Transaction in Own Shares
- Transaction in Own Shares 26 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 26 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 26/07/2024 454,535 £28.0300 £27.7800 £27.9141 LSE GBP 26/07/2024 123,909 £28.0300 £27.7950 £27.9033 BATS (BXE) GBP 26/07/2024 122,955 £28.0300 £27.7800 £27.9096 Chi-X (CXE) GBP These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/26/2024
|
Shell (SHEL) Q2 Earnings Coming Up: Here's What to Expect
- Shell (SHEL) beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed in the other, resulting in an earnings surprise of 9.2%, on average.
- 07/26/2024
|
Transaction in Own Shares
- Transaction in Own Shares 24 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 24 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 24/07/2024 463,833 £27.7150 £27.3350 £27.5701 LSE GBP 24/07/2024 119,632 £27.7000 £27.3600 £27.5801 BATS (BXE) GBP 24/07/2024 119,045 £27.7100 £27.3450 £27.5857 Chi-X (CXE) GBP 24/07/2024 550,325 €33.1650 €32.6750 €32.9931 XAMS EUR 24/07/2024 216,882 €33.1650 €32.6950 €32.9793 CBOE DXE EUR 24/07/2024 55,899 €33.1700 €32.7100 €32.9894 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/24/2024
|
Transaction in Own Shares
- Transaction in Own Shares 23 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 23 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 23/07/2024 637,472 £27.9750 £27.4550 £27.7058 LSE GBP 23/07/2024 160,123 £27.9700 £27.4550 £27.7657 Chi-X (CXE) GBP 23/07/2024 124,405 £27.9750 £27.4550 £27.8006 BATS (BXE) GBP 23/07/2024 700,124 €33.3800 €32.8350 €33.0556 XAMS EUR 23/07/2024 245,239 €33.3800 €32.8450 €33.1199 CBOE DXE EUR 23/07/2024 54,637 €33.3800 €33.0800 €33.2059 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/23/2024
|
24 Barron's Pro-Picked 2024 Mid-Year Dividend Dogs: Buy 2 In July
- Barron's Mid-Year 2024 Pro Picks revealed by panelists for potential investment opportunities. Barron's interviews of eleven financial industry Roundtable-pros tapped 48 predictions. Twelve non-ADR foreign stocks and six funds were dropped by YCharts screens, and six selections paid no dividends, leaving 24 in the final pool. The Barron's list tracked by YCharts as of 7/17/24 projected ten top analyst-estimated net gains from WST, ASML, PBR, RUSHA & topped by SLB ranging 19.46%-35.09%.
- 07/23/2024
|
Shell (SHEL) Stock Sinks As Market Gains: Here's Why
- Shell (SHEL) closed at $72.21 in the latest trading session, marking a -0.06% move from the prior day.
- 07/22/2024
|
Transaction in Own Shares
- Transaction in Own Shares 22 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 22 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 22/07/2024 1,217,749 £28.0450 £27.7050 £27.9262 LSE GBP 22/07/2024 297,376 £28.0100 £27.7150 £27.9127 BATS (BXE) GBP 22/07/2024 168,166 £28.0300 £27.7300 £27.9192 Chi-X (CXE) GBP 22/07/2024 261,339 €33.4400 €33.0700 €33.2652 XAMS EUR 22/07/2024 169,979 €33.4000 €33.0700 €33.2929 CBOE DXE EUR 22/07/2024 26,584 €33.3800 €33.0950 €33.2985 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/22/2024
|
Oil Majors' North Sea Exits Continue As Shell And Exxon Sell Dutch Assets
- The theme of oil and gas majors exiting the North Sea and independents stepping in to occupy the space is continuing unabated, with the latest example coming from the Dutch sector of the ageing and tax burdened hydrocarbon basin.
- 07/22/2024
|
7 Energy Stocks to Buy as Americans Prioritize Travel More Than Ever
- Here's the simple breakdown for why you need to consider energy stocks. Americans are going through a challenging time with the economy.
- 07/21/2024
|
Transaction in Own Shares
- Transaction in Own Shares 19 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 19 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 19/07/2024 385,000 £28.2950 £27.9150 £28.1231 BATS (BXE) GBP 19/07/2024 303,000 £28.2900 £27.9150 £28.1223 LSE GBP 19/07/2024 716,100 €33.7450 €33.2850 €33.4764 XAMS EUR 19/07/2024 228,993 €33.7450 €33.2850 €33.4705 CBOE DXE EUR 19/07/2024 54,907 €33.7450 €33.2900 €33.5000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/19/2024
|
Shell Stock Has A Nice European Discount
- Shell plc has surpassed pre-COVID-19 highs and a market cap of $200 billion, offering long-term shareholder returns. Strong 1Q 2024 earnings with $7.7 billion in adjusted earnings, $13.3 billion in CFFO, and aggressive share buybacks. Shell is poised for continued shareholder returns with strong operational performance, pipeline of projects, capital allocation, and minimal debt position.
- 07/19/2024
|
Transaction in Own Shares
- Transaction in Own Shares 18 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 18 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 18/07/2024 511,985 £28.4300 £28.2600 £28.3438 LSE GBP 18/07/2024 170,975 £28.4200 £28.2650 £28.3308 Chi-X (CXE) GBP 18/07/2024 123,040 £28.4250 £28.2600 £28.3173 BATS (BXE) GBP 18/07/2024 1,000 €33.9000 €33.7200 €33.7715 XAMS EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/18/2024
|
7 High-Yield Dividend Stocks to Help Pay Your Bills
- While active acquisition is perhaps the most common methodology of gaining wealth, it's not always the most efficient. For example, even if you trade your hours for a generous paycheck, there are only so many hours available: in a day, in a week, in a month, you get the idea.
- 07/17/2024
|
Transaction in Own Shares
- Transaction in Own Shares 17 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 17 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 17/07/2024 618,700 £27.9850 £27.7550 £27.9051 LSE GBP 17/07/2024 535,179 £28.1350 £27.8350 £28.0039 BATS (BXE) GBP 17/07/2024 147,480 £27.9850 £27.8300 £27.9126 Chi-X (CXE) GBP 17/07/2024 132,012 €33.4000 €33.1950 €33.3546 XAMS EUR 17/07/2024 57,053 €33.4000 €33.2500 €33.3654 CBOE DXE EUR 17/07/2024 26,796 €33.4000 €33.2150 €33.3591 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/17/2024
|
Rio Tinto appoints former Shell executive to head copper arm
- Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has appointed Katie Jackson, a former Shell executive as its new head of copper. Currently the president of UK-based energy infrastructure firm National Grid Ventures, Jackson will join Rio Tinto from the start of September taking over from Bold Baatar, who has been promoted to chief commercial officer.
- 07/17/2024
|
TGS Imaging AnyWare Software licensed to Shell in Four-year Deal
- OSLO, Norway (17 July 2024) – TGS, a global provider in energy data and intelligence, announces Shell Information Technology International B.V has signed a global multi-year agreement to license the TGS Imaging AnyWare software suite. This agreement provides opportunities for strategic collaboration and underscores TGS' commitment to harnessing advanced technology to elevate data processing and analytical capabilities for its clients.
- 07/17/2024
|
Shell (SHEL) Stock Drops Despite Market Gains: Important Facts to Note
- The latest trading day saw Shell (SHEL) settling at $72.68, representing a -0.38% change from its previous close.
- 07/16/2024
|
Transaction in Own Shares
- Transaction in Own Shares 16 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 16 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 16/07/2024 1,480,986 £28.1250 £27.6800 £27.9607 LSE GBP 16/07/2024 845,014 £28.1250 £27.6800 £27.9367 BATS (BXE) GBP 16/07/2024 214,000 £28.1250 £27.6800 £27.9717 Chi-X (CXE) GBP 16/07/2024 989,114 €33.5450 €33.0550 €33.3292 XAMS EUR 16/07/2024 349,999 €33.5450 €33.0500 €33.3348 CBOE DXE EUR 16/07/2024 59,418 €33.5450 €33.0500 €33.4264 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/16/2024
|
3 Energy Giants Team Up for Ruwais LNG Project in Abu Dhabi
- Three major European companies, Shell, BP & TotalEnergies, join ADNOC in the Ruwais LNG project to build one of the lowest-carbon LNG facilities.
- 07/16/2024
|
Latin America Colocation Data Center Portfolio Analysis 2024: Top 10 Market Operators Collectively Hold Around 80% of the Existing Core and Shell Capacity
- Dublin, July 16, 2024 (GLOBE NEWSWIRE) -- The "Latin America Existing & Upcoming Data Center Portfolio" database has been added to ResearchAndMarkets.com's offering.
- 07/16/2024
|
Transaction in Own Shares
- Transaction in Own Shares 15 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 15 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 15/07/2024 472,467 £28.2650 £27.9900 £28.1344 LSE GBP 15/07/2024 400,769 £28.2650 £27.9950 £28.1601 BATS (BXE) GBP 15/07/2024 51,123 £28.1600 £27.9950 £28.1029 Chi-X (CXE) GBP 15/07/2024 212,601 €33.6650 €33.4400 €33.5652 XAMS EUR 15/07/2024 72,620 €33.6650 €33.4450 €33.5722 CBOE DXE EUR 15/07/2024 24,616 €33.6700 €33.4550 €33.5904 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/15/2024
|
Why Shell (SHEL) is a Top Dividend Stock for Your Portfolio
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shell (SHEL) have what it takes?
- 07/12/2024
|
Transaction in Own Shares
- Transaction in Own Shares 12 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 12 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 12/07/2024 1,090,823 £28.3950 £28.0500 £28.1810 LSE GBP 12/07/2024 287,165 £28.3950 £28.0500 £28.2251 BATS (BXE) GBP 12/07/2024 153,294 £28.2450 £28.0500 £28.1371 Chi-X (CXE) GBP 12/07/2024 194,113 €33.6600 €33.4950 €33.5680 XAMS EUR 12/07/2024 85,466 €33.6600 €33.4950 €33.5662 CBOE DXE EUR 12/07/2024 19,375 €33.6600 €33.5000 €33.5918 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/12/2024
|
Shell's bet on gas boom takes shape with string of deals
- Shell has replaced liquefied natural gas (LNG) volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan's bet on growing demand for the fuel as he reduces the focus on renewable energy.
- 07/12/2024
|
Transaction in Own Shares
- Transaction in Own Shares 11 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 11 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 11/07/2024 1,481,283 £28.4200 £28.0550 £28.2390 LSE GBP 11/07/2024 171,491 £28.3900 £28.0550 £28.1942 Chi-X (CXE) GBP 11/07/2024 102,647 £28.3900 £28.0600 £28.2003 BATS (BXE) GBP 11/07/2024 738,868 €33.7850 €33.3600 €33.5435 XAMS EUR 11/07/2024 243,352 €33.7850 €33.3750 €33.5498 CBOE DXE EUR 11/07/2024 52,780 €33.7700 €33.4600 €33.6950 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/11/2024
|
Trading houses lure top talent from BP, Shell
- Several high-profile energy traders have in recent weeks quit oil majors for trading houses, multiple sources told Reuters on Thursday, as talent follows assets swapping hands and as trading houses ramp up bonuses.
- 07/11/2024
|
Workers at Shell's Scotford facility in Canada strike new wage deal
- Canada's Unifor union on Wednesday said its members at Shell's Scotford refinery in Alberta, Canada, have ratified a new four-year agreement that includes a 16% wage increase.
- 07/10/2024
|
Here's Why Shell (SHEL) Gained But Lagged the Market Today
- In the latest trading session, Shell (SHEL) closed at $72.93, marking a +0.48% move from the previous day.
- 07/10/2024
|
Transaction in Own Shares
- Transaction in Own Shares 10 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 10 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 10/07/2024 1,292,626 £28.4300 £28.2500 £28.3356 LSE GBP 10/07/2024 84,572 £28.4200 £28.2550 £28.3251 Chi-X (CXE) GBP 10/07/2024 59,133 £28.4150 £28.2550 £28.3227 BATS (BXE) GBP 10/07/2024 351,660 €33.7050 €33.4750 €33.6013 XAMS EUR 10/07/2024 111,154 €33.6850 €33.4800 €33.6065 CBOE DXE EUR 10/07/2024 31,597 €33.6800 €33.4850 €33.6073 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/10/2024
|
Shell (SHEL) to Grow LNG Output Capabilities With Manatee FID
- Shell's (SHEL) unit announces its final investment decision (FID) on the Manatee project to unlock new gas reserves in Trinidad and Tobago, boosting LNG production and meeting global energy demand.
- 07/10/2024
|
Transaction in Own Shares
- Transaction in Own Shares 9 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 9 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 09/07/2024 1,110,294 £28.4250 £28.0750 £28.3341 LSE GBP 09/07/2024 175,135 £28.4200 £28.1400 £28.3317 Chi-X (CXE) GBP 09/07/2024 106,757 £28.4100 £28.1000 £28.3331 BATS (BXE) GBP 09/07/2024 623,748 €33.7050 €33.2950 €33.5878 XAMS EUR 09/07/2024 209,351 €33.6950 €33.3250 €33.5915 CBOE DXE EUR 09/07/2024 54,377 €33.6850 €33.4300 €33.6220 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/09/2024
|
Oil Little Changed as Hurricane Beryl-Related Concerns Fade
- Energy operators, including Chevron (CVX), Marathon Petroleum (MPC), Shell (SHEL) and Phillips 66 (PSX), enacted comprehensive preparedness plans ahead of Hurricane Beryl.
- 07/09/2024
|
Shell boosts LNG business with Manatee FID in Trinidad and Tobago
- PORT-OF-SPAIN, Trinidad and Tobago , July 9, 2024 /PRNewswire/ -- Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell plc, today announced that it has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.
- 07/09/2024
|
Shell preferred over BP at JP Morgan
- Shell PLC (LSE:SHEL, NYSE:SHEL) is ‘a buy' and BP PLC (LSE:BP.) is ‘a sell', that's according to analysts at JP Morgan, who also see upside to the crude oil price in the near term.
- 07/09/2024
|
Wood Group lands contract for Shell's Prelude FLNG in WA
- John Wood Group PLC (LSE:WG.) has landed a major engineering contract, from Shell, for the Prelude Floating Liquified Natural Gas (FLNG) facility in Western Australia.
- 07/09/2024
|
Shell wants permission to drill off South Africa's west coast
- Shell is seeking government permission authorities to drill up to five offshore wells off the west coast of South Africa, a draft scoping report from environmental consultancy SLR showed on Tuesday.
- 07/09/2024
|
Skydance CEO David Ellison — and scandal-scarred media exec Jeff Shell — signal $2B in cost cuts for Paramount
- Ellison -- the son of tech tycoon Larry Ellison whose Hollywood production company is behind “Top Gun: Maverick” and “Mission: Impossible -Dead Reckoning” -- said Monday that he sees over $2 billion in cuts at Paramount, mostly in its linear media operations.
- 07/08/2024
|
Transaction in Own Shares
- Transaction in Own Shares 8 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 8 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 08/07/2024 1,239,564 £28.4650 £28.2800 £28.3927 LSE GBP 08/07/2024 171,989 £28.4550 £28.2800 £28.3971 Chi-X (CXE) GBP 08/07/2024 106,658 £28.4500 £28.3050 £28.4014 BATS (BXE) GBP 08/07/2024 710,168 €33.7500 €33.5450 €33.6779 XAMS EUR 08/07/2024 173,155 €33.7500 €33.5800 €33.6800 CBOE DXE EUR 08/07/2024 66,677 €33.7450 €33.6150 €33.6977 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/08/2024
|
Shell (SHEL) Provides Q2 Guidance: Warns of Up to $2B Hit
- Per Shell (SHEL), second-quarter LNG liquefaction volumes are expected to go down around 7.7% sequentially, but marketing sales volumes are scheduled to improve.
- 07/08/2024
|
Namibia Emerges as a New Frontier for Global Oil Giants
- Namibia's coastline hides a treasure trove of oil reserves. Chevron, ExxonMobil and Shell are eagerly poised to tap into this wealth, positioning themselves for strategic gains in Africa's new frontier.
- 07/05/2024
|
Transaction in Own Shares
- Transaction in Own Shares 5 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 5 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 05/07/2024 440,146 £29.1050 £28.5450 £28.7837 LSE GBP 05/07/2024 136,860 £29.1050 £28.5450 £28.7444 Chi-X (CXE) GBP 05/07/2024 106,494 £29.0750 £28.5550 £28.8023 BATS (BXE) GBP 05/07/2024 299,491 €34.4050 €33.8550 €33.9439 XAMS EUR 05/07/2024 97,786 €34.3050 €33.8550 €33.9224 CBOE DXE EUR 05/07/2024 30,812 €34.0950 €33.8600 €33.9245 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/05/2024
|
Shell Takes $2 Billion Hit Amid Green Energy Setback. It Fears Competition From U.S.
- The company is concerned about a possible glut of biofuels made in America after the Inflation Reduction Act.
- 07/05/2024
|
ADNOC's Ruwais LNG to earmark 40% stake to Shell, Total, BP, Mitsui, sources say
- Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors Shell , TotalEnergies , BP , and Japan's Mitsui , sources told Reuters.
- 07/05/2024
|
Shell to take billion-dollar hit from Rotterdam biofuel site
- Shell PLC (LSE:SHEL, NYSE:SHEL) is expected to write down up to $1 billion in impairment charges after pausing construction of its 820-000-tonne-per-year biofuels facility in Rotterdam, the Netherlands. Shell announced the on-site pause earlier this week, stating that it would undertake an impairment review of the plant.
- 07/05/2024
|
Oil giant Shell to take up to a $2 billion impairment hit on Rotterdam, Singapore plants
- This comes after Shell on Tuesday announced it would temporarily suspend on-site construction at its 820,000 metric tons a year biofuels facility in Rotterdam amid current market conditions. The company said it now expects the second-quarter performance of trading and optimization in the core gas division to come in line with the same period of last year but below the first quarter of 2024 "due to seasonality.
- 07/05/2024
|
Shell to take up to $2 bln writedown on Singapore and Rotterdam plants
- Shell will take an impairment charge of up to $2 billion after the sale of its Singapore refinery and pausing of construction of one of Europe's largest biofuel plants, it said on Friday.
- 07/05/2024
|
Shell second quarter 2024 update note
- The following is an update to the second quarter 2024 outlook and gives an overview of our current expectations for the second quarter. Outlooks presented may vary from the actual second quarter 2024 results and are subject to finalisation of those results, which are scheduled to be published on August 1, 2024. Unless otherwise indicated, all outlook statements exclude identified items.
- 07/05/2024
|
Transaction in Own Shares
- Transaction in Own Shares 4 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 4 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 04/07/2024 457,168 £29.0250 £28.5850 £28.8598 LSE GBP 04/07/2024 138,168 £29.0200 £28.6000 £28.8809 Chi-X (CXE) GBP 04/07/2024 87,964 £29.0200 £28.6050 £28.8765 BATS (BXE) GBP 04/07/2024 4,631 €34.2900 €33.9650 €34.1876 XAMS EUR 04/07/2024 369 €34.3650 €33.9800 €34.2204 CBOE DXE EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/04/2024
|
Shell (SHEL) Hits Pause on Major Biofuels Plant in Europe
- Shell (SHEL) remains committed to achieving its net-zero emissions target by 2050 despite abandoning several renewable projects to focus on its more profitable ventures, primarily in oil and gas.
- 07/04/2024
|
The 3 Best Oil & Gas Stocks to Buy in July 2024
- When it comes to investment sectors, the concept of best oil and gas stocks might seem to be sunsetting. After all, the ideological machinery appears to be favoring clean and renewable solutions.
- 07/04/2024
|
Transaction in Own Shares
- Transaction in Own Shares 3 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 3 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 03/07/2024 411,237 £28.8250 £28.5200 £28.6267 LSE GBP 03/07/2024 168,394 £28.8250 £28.5250 £28.6302 Chi-X (CXE) GBP 03/07/2024 110,369 £28.8150 £28.5250 £28.6341 BATS (BXE) GBP 03/07/2024 3,931 €34.1100 €33.8450 €33.9357 XAMS EUR 03/07/2024 1,069 €34.1100 €33.8450 €33.9223 CBOE DXE EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/03/2024
|
Shell cash generation underrated, suggests Canadian bank
- Shell PLC (LSE:SHEL, NYSE:SHEL) has been added to Canadian broker RBC's Energy Best Ideas list, reflecting clarity on the message from management, strong operational performance and a discounted valuation. Shell generates significant amounts of cash, notes RBC, supported by its oil leverage and number-one 1 presence in LNG.
- 07/03/2024
|
Transaction in Own Shares
- Transaction in Own Shares 2 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 2 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 02/07/2024 472,473 £28.9600 £28.6050 £28.7817 LSE GBP 02/07/2024 137,844 £28.9550 £28.6150 £28.8055 Chi-X (CXE) GBP 02/07/2024 79,683 £28.9550 £28.6150 £28.7943 BATS (BXE) GBP 02/07/2024 4,244 €34.2800 €33.9400 €34.1133 XAMS EUR 02/07/2024 756 €34.2800 €33.9550 €34.1148 CBOE DXE EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/02/2024
|
Shell halts construction of major biofuels facility in the Netherlands
- Shell on Tuesday said it had temporarily halted construction of a major biofuels production facility in the Netherlands, in a bid to ensure it is able to produce competitively in the face of an anticipated flood of sustainable fuels into the market from the U.S.
- 07/02/2024
|
Shell calls halt on Rotterdam green fuel facility
- Shell PLC (LSE:SHEL, NYSE:SHEL) said it has paused on-site construction work at a new 820,000 tonnes a year biofuels facility in Rotterdam to determine the commercial way forward for the project. Contractor numbers will reduce on site and activity will slow down, helping to control costs and optimise project sequencing, said the statement.
- 07/02/2024
|
Shell to pause construction of Dutch biofuels facility
- Shell said on Tuesday it will pause construction work at its biofuels facility in the Netherlands due to weak market conditions, the latest step under CEO Wael Sawan's drive to boost the energy company's returns.
- 07/02/2024
|
Transaction in Own Shares
- Transaction in Own Shares 1 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 1 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 01/07/2024 469,613 £28.7200 £28.4550 £28.5990 LSE GBP 01/07/2024 129,002 £28.7200 £28.5150 £28.6003 Chi-X (CXE) GBP 01/07/2024 101,385 £28.7200 £28.5100 £28.6031 BATS (BXE) GBP 01/07/2024 4,133 €33.9750 €33.7400 €33.8591 XAMS EUR 01/07/2024 867 €33.9400 €33.8050 €33.8600 CBOE DXE EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 07/01/2024
|
Director Declaration
- SHELL PLC DIRECTOR DECLARATION Pursuant to Listing Rule 9.6.14R(2), Shell plc (the "Company") confirms that Cyrus Taraporevala, Non-executive Director of the Company, was appointed to the Board of Pfizer Inc. on July 1, 2024. July 1, 2024 Sean AshleyCompany Secretary ENQUIRIES International, UK, European Press: +44 20 7934 5550 LEI number of Shell plc: 21380068P1DRHMJ8KU70 Classification: Additional regulated information required to be disclosed under the laws of a Member State.
- 07/01/2024
|
Director/PDMR Shareholding
- NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES July 1, 2024 Shell plc (the "Company") has been notified that following the payment of the interim dividend on June 24, 2024 in respect of the first quarter of 2024, the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired dividend shares in respect of shares previously delivered to them under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Further information can be found in the Shell plc Annual Report and Form 20-F for the year ended December 31, 2023 (www.shell.com/annualreport).
- 07/01/2024
|
Transaction in Own Shares
- Transaction in Own Shares 28 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 28 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 28/06/2024 5,000 £28.4950 £28.2950 £28.4014 LSE GBP 28/06/2024 3,737 €33.7850 €33.5350 €33.6790 XAMS EUR 28/06/2024 1,110 €33.7850 €33.5750 €33.6763 CBOE DXE EUR 28/06/2024 153 €33.7200 €33.7000 €33.7154 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/28/2024
|
Transaction in Own Shares
- Transaction in Own Shares 27 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 27 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 27/06/2024 4,652 £28.2700 £28.0900 £28.1850 LSE GBP 27/06/2024 234 £28.2350 £28.1350 £28.1863 BATS (BXE) GBP 27/06/2024 114 £28.0900 £28.0900 £28.0900 Chi-X (CXE) GBP 27/06/2024 3,695 €33.4600 €33.1400 €33.3554 XAMS EUR 27/06/2024 998 €33.4500 €33.2950 €33.4003 CBOE DXE EUR 27/06/2024 307 €33.4900 €33.3350 €33.3799 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/27/2024
|
Shell (SHEL) Advances Carbon Capture Initiatives in Canada
- Shell's (SHEL) Polaris project is being developed to capture an estimated 650,000 tons of carbon dioxide from Shell's refinery and chemical complex in Scotford, Alberta.
- 06/27/2024
|
The 3 Smartest Oil & Gas Stocks to Buy With $500 Right Now
- I'm going to let you in on a little secret (which isn't that much of a secret): the world runs on oil. Thanks to the energy density of hydrocarbons, global societies will probably run on oil for as long as we all shall live.
- 06/27/2024
|
Transaction in Own Shares
- Transaction in Own Shares 26 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 26 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 26/06/2024 568,214 £28.2550 £27.8000 £27.8908 LSE GBP 26/06/2024 160,955 £27.9700 £27.8000 £27.8892 Chi-X (CXE) GBP 26/06/2024 87,831 £27.9700 £27.8000 £27.8909 BATS (BXE) GBP 26/06/2024 199,755 €33.4850 €32.9850 €33.0691 XAMS EUR 26/06/2024 80,487 €33.5900 €32.9850 €33.0779 CBOE DXE EUR 26/06/2024 33,758 €33.1300 €32.9850 €33.0743 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/26/2024
|
Shell (SHEL) is a Top Dividend Stock Right Now: Should You Buy?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shell (SHEL) have what it takes?
- 06/26/2024
|
Shell (SHEL) Beats Stock Market Upswing: What Investors Need to Know
- Shell (SHEL) closed the most recent trading day at $71.55, moving +0.18% from the previous trading session.
- 06/25/2024
|
Transaction in Own Shares
- Transaction in Own Shares 25 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 25 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 25/06/2024 4,449 £28.1800 £28.0950 £28.1444 LSE GBP 25/06/2024 420 £28.1600 £28.1000 £28.1161 BATS (BXE) GBP 25/06/2024 131 £28.1600 £28.1600 £28.1600 Chi-X (CXE) GBP 25/06/2024 3,776 €33.4800 €33.3550 €33.4064 XAMS EUR 25/06/2024 872 €33.4050 €33.3600 €33.3905 CBOE DXE EUR 25/06/2024 352 €33.4000 €33.3950 €33.3980 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/25/2024
|
Transaction in Own Shares
- Transaction in Own Shares 24 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 24 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 24/06/2024 19,320 £27.7450 £27.6150 £27.6908 LSE GBP 24/06/2024 6,891 £28.0050 £27.6450 £27.7068 BATS (BXE) GBP 24/06/2024 5,489 £27.7500 £27.6400 £27.7201 Chi-X (CXE) GBP 24/06/2024 35,667 €32.8500 €32.7150 €32.7988 XAMS EUR 24/06/2024 14,518 €32.8500 €32.7200 €32.7923 CBOE DXE EUR 24/06/2024 6,215 €33.1900 €32.8050 €32.8281 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/24/2024
|
Didn't Buy Occidental Like Buffett? Look at These 3 Oil Stocks
- Over the past few weeks, Warren Buffett has been buying shares of Occidental Petroleum Co. NYSE: OXY to bring his net stake up to 29%, which is not Buffett's usual behavior. When the Oracle of Omaha invests this heavily—and this quickly—in a stock, there must be a good enough reason to justify these quick and aggressive decisions.
- 06/24/2024
|
Wall Street Favorites: 3 Long-Term Stocks With Strong Buy Ratings for June 2024
- With so much focus on innovative technologies such as artificial intelligence, it's easy to get tunnel vision. Certainly, the usual suspects in the equities sector deserve the attention they're receiving.
- 06/24/2024
|
LNG Shipping Stocks: Summer Season Is Near
- UP World LNG Shipping Index gained 1.17% last week, led by FLEX LNG and Golar LNG. UPI outperformed the S&P 500, indicating positive momentum for LNG shipping stocks. The summer season is approaching, potential rise in gas consumption in Asia, investors are advised to consider LNG sector opportunities.
- 06/24/2024
|
Bulgogi Tacos, Fire Pits and Tequila Bars: Concertgoers Shell Out for VIP Treatment
- Retired podiatrist Nicholas Sol doesn't want to stand at concerts.
- 06/23/2024
|
Transaction in Own Shares
- Transaction in Own Shares 21 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 21 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 21/06/2024 351,708 £27.7750 £27.4700 £27.5604 LSE GBP 21/06/2024 59,070 £27.6700 £27.4750 £27.5658 Chi-X (CXE) GBP 21/06/2024 47,222 £27.6650 £27.4750 £27.5829 BATS (BXE) GBP 21/06/2024 407,125 €32.8000 €32.5850 €32.7160 XAMS EUR 21/06/2024 103,017 €32.9350 €32.5900 €32.7230 CBOE DXE EUR 21/06/2024 29,858 €32.8000 €32.6100 €32.7287 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/21/2024
|
Shell preferred over BP as crude price tipped to return to $90 per barrel
- Analysts at JP Morgan prefer Shell PLC (LSE:SHEL, NYSE:SHEL) over BP PLC (LSE:BP.) whilst seeing upside for both of London's oil majors, with crude prices tipped to head back toward $90 per barrel in the third quarter.
- 06/21/2024
|
Transaction in Own Shares
- Transaction in Own Shares 20 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 20 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 20/06/2024 234,739 £27.6900 £27.4700 £27.5092 LSE GBP 20/06/2024 74,129 £27.5500 £27.4750 £27.5102 Chi-X (CXE) GBP 20/06/2024 71,132 £27.5500 £27.4750 £27.5053 BATS (BXE) GBP 20/06/2024 214,255 €32.8350 €32.6150 €32.6656 XAMS EUR 20/06/2024 125,674 €32.8350 €32.6100 €32.6655 CBOE DXE EUR 20/06/2024 50,071 €32.8350 €32.6300 €32.6706 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/20/2024
|
Shell worried about employee strike at Brazil's environmental agency
- Shell is "worried" about a strike by employees at Brazil's environmental agency Ibama that has been affecting licensing procedures, the head of the company's local unit said on Thursday.
- 06/20/2024
|
Wall Street Favorites: 3 Oil & Gas Stocks With Strong Buy Ratings for June 2024
- The World Bank has warned that escalating tensions in the Middle East could push oil prices above $100 per barrel, reversing the recent downward trend in global inflation. Even before the recent conflicts, commodity prices were stabilizing, complicating interest rate decisions for central banks.
- 06/19/2024
|
Wall Street Favorites: 3 Energy Stocks With Strong Buy Ratings for June 2024
- Oil and natural gas production in the U.S. is booming. Growth is particularly strong in the Permian Basin that straddles Texas and New Mexico.
- 06/19/2024
|
Transaction in Own Shares
- Transaction in Own Shares 19 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 19 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 19/06/2024 606,551 £27.5000 £27.3350 £27.4363 LSE GBP 19/06/2024 134,367 £27.5000 £27.3350 £27.4382 Chi-X (CXE) GBP 19/06/2024 127,977 £27.5000 £27.3100 £27.4298 BATS (BXE) GBP 19/06/2024 295,395 €32.6500 €32.5150 €32.6038 XAMS EUR 19/06/2024 128,839 €32.6500 €32.5500 €32.6033 CBOE DXE EUR 19/06/2024 41,954 €32.6500 €32.5550 €32.6057 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/19/2024
|
Brokers Suggest Investing in Shell (SHEL): Read This Before Placing a Bet
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 06/19/2024
|
Shell (SHEL) to Expand LNG Portfolio With Pavilion Energy Deal
- Shell's (SHEL) acquisition of Pavilion Energy from Temasek is poised to strengthen its overall LNG portfolio and allow access to key gas markets in Europe and Singapore.
- 06/19/2024
|
Shell (SHEL) Laps the Stock Market: Here's Why
- In the latest trading session, Shell (SHEL) closed at $69.53, marking a +0.55% move from the previous day.
- 06/18/2024
|
Shell Is On The Right Track
- Q1 results show solid earnings and operational performance. One year has passed since the Shell 2023 Capital Market Day presentation. The company's strategy, which focuses on capital discipline, cost reduction, and portfolio simplification, is progressing well. FCF yield supports Shell's remuneration, and there is also a deleveraging path to consider. This means a buy.
- 06/18/2024
|
Transaction in Own Shares
- Transaction in Own Shares 18 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 18 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 18/06/2024 449,733 £27.3750 £27.2000 £27.2959 LSE GBP 18/06/2024 99,790 £27.3750 £27.2000 £27.3069 Chi-X (CXE) GBP 18/06/2024 76,472 £27.3750 £27.2050 £27.2933 BATS (BXE) GBP 18/06/2024 384,196 €32.4950 €32.3100 €32.4174 XAMS EUR 18/06/2024 228,928 €32.4950 €32.3050 €32.4205 CBOE DXE EUR 18/06/2024 39,118 €32.4950 €32.3050 €32.3993 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/18/2024
|
Shell Expands LNG Portfolio by Purchasing Singapore-Based Pavilion Energy
- American depositary receipts (ADRs) of Shell Plc (SHEL) advanced Tuesday after the energy giant announced it had purchased Singapore-based liquefied natural gas (LNG) trader Pavilion Energy Pte. for an undisclosed amount.
- 06/18/2024
|
Shell strengthens LNG business with purchase from Singapore's Temasek
- Shell PLC (LSE:SHEL, NYSE:SHEL) has struck a deal with agreed to buy liquefied natural gas trading firm Pavilion Energy from Singapore's state-owned investment company Temasek for an undisclosed sum, thought to be in the hundreds of millions of dollars. Pavilion carries out LNG trading, shipping, natural gas supply and marketing activities in Asia and Europe.
- 06/18/2024
|
Singapore's Temasek to sell Pavilion Energy to Shell
- Singapore's global investment company Temasek said on Tuesday it has agreed to sell 100% of its shares in liquefied natural gas (LNG) trading firm Pavilion Energy to Shell.
- 06/18/2024
|
O'Leary slams Gavin Newsom as ‘a bad manager': CA ‘is a shell of what it used to be'
- O'Leary Ventures Chairman and 'Shark Tank' investor Kevin O'Leary on how raising corporate tax rates will cost companies, taxation on tips and remaining inflationary pressures. https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.
- 06/17/2024
|
Transaction in Own Shares
- Transaction in Own Shares 17 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 17 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 17/06/2024 703,896 £27.3300 £27.1150 £27.2221 LSE GBP 17/06/2024 139,079 £27.3200 £27.1250 £27.2244 Chi-X (CXE) GBP 17/06/2024 87,025 £27.3300 £27.1300 £27.2448 BATS (BXE) GBP 17/06/2024 607,637 €32.4350 €32.2100 €32.3229 XAMS EUR 17/06/2024 226,859 €32.4300 €32.2150 €32.3290 CBOE DXE EUR 17/06/2024 55,504 €32.4450 €32.2050 €32.3296 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/17/2024
|
Snowline Gold Announces Initial Mineral Resource at its Valley Gold Deposit
- Initial Mineral Resource Estimate defined for the Valley Gold Deposit, located on Snowline's 100% owned Rogue Project in the Yukon Territory, Canada: Indicated Mineral Resource: 76 Mt at 1.66 g/t Au for 4.05 million ounces Inferred Mineral Resource: 81 Mt at 1.25 g/t Au for an additional 3.26 million ounces Resource is constrained within a revenue factor 0.72 pit shell and reported above a 0.40 g/t Au cut-off grade Quality of discovery highlighted by continuous, non-refractory gold mineralization, with a significant component of higher-grade mineralization starting from bedrock surface (see Table 3) providing strength and optionality for potential future development scenarios Initial resource has clear potential for expansion, with open zones of 1-2 g/t Au mineralization across multiple broad edges of the deposit and with abundant mineralization encountered beyond the limits of the current pit shell The Valley Deposit sits on 0.40 g/t Gold) Within Internal Shells Incremental Pit Shells Mineral Resources and Waste Tonnage (t x 1000) Gold Grade (Au g/t) Contained Gold (ounces x 1000) Between Surface & Shell-1 Indicated Resources 25,463 2.45 2,006 Inferred Resources 13,533 2.16 939 Waste Material 3,304 Between Shell-1 & Shell-2 Indicated Resources 22,129 1.46 1,041 Inferred Resources 22,250 1.22 870 Waste Material 19,274 Between Shell-2 & Shell-3 Indicated Resources 13,916 1.25 559 Inferred Resources 25,291 1.03 837 Waste Material 48,450 Between Shell-3 & Shell-4 Indicated Resources 14,328 0.97 446 Inferred Resources 19,965 0.96 614 Waste Material 69,096 Mineral Resource Total Indicated Resources 75,836 1.66 4,052 Inferred Resources 81,039 1.25 3,260 Waste Material 140,124 Table 2 highlights the low sensitivity to cut-off grades in Valley's initial MRE, demonstrating a resilience to increases in cost assumptions and to decreases in the price of gold. Using the current cost assumptions, for example, the break-even price of gold for the 0.6 g/t Au cut-off would be US$1,350 per ounce.
- 06/17/2024
|
Transaction in Own Shares
- Transaction in Own Shares 14 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 14 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 14/06/2024 918,233 £27.3400 £27.0750 £27.1849 LSE GBP 14/06/2024 188,092 £27.3300 £27.0750 £27.1958 Chi-X (CXE) GBP 14/06/2024 127,834 £27.3400 £27.0750 £27.2042 BATS (BXE) GBP 14/06/2024 895,351 €32.5500 €32.2250 €32.3486 XAMS EUR 14/06/2024 319,253 €32.5500 €32.2250 €32.3481 CBOE DXE EUR 14/06/2024 65,315 €32.5350 €32.2250 €32.3650 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/14/2024
|
Payout Powerhouses: 7 Dividend Stocks to Buy Now
- Just like in arguably most sports, balance is everything. The same applies to dividend stocks to buy.
- 06/13/2024
|
Transaction in Own Shares
- Transaction in Own Shares 13 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 13 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 13/06/2024 1,369,759 £27.5350 £27.2000 £27.3243 LSE GBP 13/06/2024 191,046 £27.5350 £27.2300 £27.3774 Chi-X (CXE) GBP 13/06/2024 139,195 £27.5200 £27.2300 £27.3905 BATS (BXE) GBP 13/06/2024 1,270,000 €32.6800 €32.3350 €32.4785 XAMS EUR 13/06/2024 400,000 €32.6700 €32.3450 €32.4903 CBOE DXE EUR 13/06/2024 75,000 €32.6500 €32.3600 €32.5522 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/13/2024
|
Exclusive: Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say
- Singapore's Temasek Holdings is finalising the sale of some assets from liquefied natural gas (LNG) trading firm Pavilion Energy to Shell with a deal set to be completed in the coming days, two sources with knowledge of the matter said.
- 06/13/2024
|
Shell (SHEL) Advances But Underperforms Market: Key Facts
- In the most recent trading session, Shell (SHEL) closed at $70.41, indicating a +0.17% shift from the previous trading day.
- 06/12/2024
|
Transaction in Own Shares
- Transaction in Own Shares 12 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 12 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 12/06/2024 906,830 £27.7000 £27.4050 £27.5150 LSE GBP 12/06/2024 173,265 £27.7000 £27.4050 £27.5143 Chi-X (CXE) GBP 12/06/2024 119,905 £27.7000 £27.4050 £27.5175 BATS (BXE) GBP 12/06/2024 688,901 €32.9000 €32.5550 €32.6711 XAMS EUR 12/06/2024 343,285 €32.9000 €32.5550 €32.6887 CBOE DXE EUR 12/06/2024 67,814 €32.9000 €32.6250 €32.8265 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/12/2024
|
7 Blue-Chip Stocks That Will Truck Past Any Market Jitters
- While the soaring equity indices suggest a resounding economic recovery, those living in the real world face a different paradigm. With myriad headwinds such as elevated inflation and high borrowing costs imposing significant pain on consumers, investors may feel more comfortable considering blue-chip stocks.
- 06/11/2024
|
Transaction in Own Shares
- Transaction in Own Shares 11 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 11 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 11/06/2024 655,910 £27.6500 £27.3800 £27.4738 LSE GBP 11/06/2024 92,071 £27.6500 £27.3850 £27.4516 Chi-X (CXE) GBP 11/06/2024 56,019 £27.6500 £27.3850 £27.4639 BATS (BXE) GBP 11/06/2024 201,518 €32.7500 €32.5950 €32.6641 XAMS EUR 11/06/2024 90,189 €32.7450 €32.5950 €32.6655 CBOE DXE EUR 11/06/2024 35,293 €32.7500 €32.6000 €32.6657 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/11/2024
|
Shell (SHEL) and Ceres to Scale Up Green Hydrogen Production
- Shell (SHEL) and its partner Ceres Power are set to leverage the data and insights gained from the 1MW demonstration project to design the new solid oxide electrolyser (SOEC) module.
- 06/11/2024
|
3 Dividend Stocks Earning Praise From Top Wall Street Analysts
- While going after the top-tier growth plays may be the most enticing pathway, investors seeking consistent success in the market may want to consider the case for dividend stocks. No, these ideas aren't the sexiest opportunities available.
- 06/11/2024
|
Transaction in Own Shares
- Transaction in Own Shares 10 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 10 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 10/06/2024 556,186 £27.4700 £27.1250 £27.2981 LSE GBP 10/06/2024 141,706 £27.4750 £27.1400 £27.3068 Chi-X (CXE) GBP 10/06/2024 122,108 £27.4750 £27.1400 £27.2963 BATS (BXE) GBP 10/06/2024 262,544 €32.6600 €32.2400 €32.4292 XAMS EUR 10/06/2024 121,523 €32.6650 €32.2400 €32.4381 CBOE DXE EUR 10/06/2024 65,933 €32.6300 €32.2700 €32.3940 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/10/2024
|
Shell plc First Quarter 2024 Euro and GBP Equivalent Dividend Payments
- SHELL PLC FIRST QUARTER 2024 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS June 10, 2024 The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2024 interim dividend, which was announced on May 2, 2024 at US$0.344 per ordinary share. Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling.
- 06/10/2024
|
Transaction in Own Shares
- Transaction in Own Shares 7 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 7 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 07/06/2024 492,826 £27.4850 £27.2000 £27.3101 LSE GBP 07/06/2024 106,034 £27.4850 £27.2050 £27.3163 BATS (BXE) GBP 07/06/2024 101,140 £27.4850 £27.2000 £27.3178 Chi-X (CXE) GBP 07/06/2024 363,969 €32.4900 €32.1500 €32.2722 XAMS EUR 07/06/2024 190,616 €32.4900 €32.1500 €32.2662 CBOE DXE EUR 07/06/2024 65,415 €32.3900 €32.1800 €32.2582 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/07/2024
|
Transaction in Own Shares
- Transaction in Own Shares 6 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 6 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 06/06/2024 655,922 £27.3200 £27.1300 £27.2300 LSE GBP 06/06/2024 158,538 £27.3250 £27.1350 £27.2313 Chi-X (CXE) GBP 06/06/2024 135,540 £27.3050 £27.1350 £27.2193 BATS (BXE) GBP 06/06/2024 545,922 €32.2750 €32.0700 €32.1657 XAMS EUR 06/06/2024 228,968 €32.2650 €32.0700 €32.1711 CBOE DXE EUR 06/06/2024 65,110 €32.2450 €32.0850 €32.1505 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/06/2024
|
The 3 Most Undervalued Oil & Gas Stocks to Buy in June 2024
- The oil and gas industry just got a rude awakening. The Organization of the Petroleum Exporting Countries and their allied partners, including Russia (OPEC+), agreed to extend production cuts into 2025.
- 06/06/2024
|
Transaction in Own Shares
- Transaction in Own Shares 5 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 5 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 05/06/2024 453,995 £27.4050 £27.1300 £27.2677 LSE GBP 05/06/2024 99,107 £27.4050 £27.1450 £27.2781 BATS (BXE) GBP 05/06/2024 96,898 £27.4050 £27.1400 £27.2685 Chi-X (CXE) GBP 05/06/2024 1,245,072 €32.4000 €32.0350 €32.2145 XAMS EUR 05/06/2024 340,050 €32.4000 €32.0350 €32.2356 CBOE DXE EUR 05/06/2024 64,878 €32.3550 €32.0350 €32.1469 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/05/2024
|
Transaction in Own Shares
- Transaction in Own Shares 4 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 4 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 04/06/2024 1,470,000 £27.5100 £26.9650 £27.2143 LSE GBP 04/06/2024 974,000 £27.4150 £26.9650 £27.2181 BATS (BXE) GBP 04/06/2024 256,000 £27.4900 £26.9700 £27.2244 Chi-X (CXE) GBP 04/06/2024 1,245,848 €32.5150 €31.8550 €32.1457 XAMS EUR 04/06/2024 386,203 €32.4500 €31.8550 €32.1432 CBOE DXE EUR 04/06/2024 67,949 €32.4500 €31.8700 €32.1674 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/04/2024
|
Shell's (SHEL) Offshore Oil Appeal Gets Rejected in South Africa
- The Supreme Court of South Africa rejects Shell's (SHEL) appeal to continue oil exploration, highlighting environmental concerns and the company's lack of proper public consultation.
- 06/04/2024
|
German army to boost Rheinmetall artillery shell order by 200,000, document shows
- The German army intends to order 200,000 more artillery shells from armsmaker Rheinmetall than it had planned, a letter seen by Reuters on Tuesday from the Defence Ministry to parliament's budget committee.
- 06/04/2024
|
Ceres signs contract with Shell for green hydrogen
- HORSHAM, England--(BUSINESS WIRE)--Ceres has been awarded a further contract for the second phase of its collaboration with Shell, to cooperate in the design of a solid oxide electrolyser (“SOEC”) module, for use in large-scale industrial applications such as synthetic fuels, ammonia and green steel. Ceres has been working with Shell since 2022, leading to the deployment of a 1MW SOEC system at Shell's R&D facility in Bangalore, India. Building on this demonstration, the focus of this contr.
- 06/04/2024
|
Transaction in Own Shares
- Transaction in Own Shares 3 June, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 3 June, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 03/06/2024 1,064,139 £28.5650 £27.8650 £28.0573 LSE GBP 03/06/2024 173,735 £28.5550 £27.9250 £28.1101 Chi-X (CXE) GBP 03/06/2024 112,126 £28.5200 £27.8900 £28.0957 BATS (BXE) GBP 03/06/2024 838,336 €33.6850 €32.9200 €33.0935 XAMS EUR 03/06/2024 300,846 €33.6800 €32.9200 €33.0732 CBOE DXE EUR 03/06/2024 60,818 €33.6800 €32.9250 €33.2768 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 06/03/2024
|
South African appeal court suspends order halting Shell drilling
- A South African appeal court has suspended a previous ruling that halted offshore exploration by Shell along the Wild Coast, court documents showed on Monday.
- 06/03/2024
|
Shell (SHEL) Beats Stock Market Upswing: What Investors Need to Know
- Shell (SHEL) closed the most recent trading day at $72.78, moving +1.86% from the previous trading session.
- 05/31/2024
|
Transaction in Own Shares
- Transaction in Own Shares 31 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 31 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 31/05/2024 398,856 £28.2350 £27.9750 £28.1379 LSE GBP 31/05/2024 59,633 £28.2350 £27.9900 £28.1310 Chi-X (CXE) GBP 31/05/2024 51,511 £28.2300 £27.9900 £28.1206 BATS (BXE) GBP 31/05/2024 297,936 €33.2400 €32.9850 €33.1286 XAMS EUR 31/05/2024 176,741 €33.2350 €33.0150 €33.1276 CBOE DXE EUR 31/05/2024 45,323 €33.2250 €33.0150 €33.1340 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/31/2024
|
Shell (SHEL) to Cut Offshore Wind Jobs & Renew Focus on Oil & Gas
- Shell (SHEL) aims to focus on its most profitable ventures, which include fossil fuels, and move away from the costly renewable sector to drive increased shareholder value.
- 05/31/2024
|
Director/PDMR Shareholding
- NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
- 05/31/2024
|
Transaction in Own Shares
- Transaction in Own Shares 30 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 30 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 30/05/2024 615,374 £28.0050 £27.8250 £27.9050 LSE GBP 30/05/2024 174,642 £28.0050 £27.8250 £27.8978 Chi-X (CXE) GBP 30/05/2024 119,984 £28.0000 £27.8300 £27.9070 BATS (BXE) GBP 30/05/2024 517,664 €33.0400 €32.8100 €32.9158 XAMS EUR 30/05/2024 330,129 €33.0400 €32.8100 €32.9186 CBOE DXE EUR 30/05/2024 62,207 €33.0400 €32.8600 €32.9277 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/30/2024
|
Shell and Exxon near £394 million deal to sell North Sea gas fields
- Shell PLC (LSE:SHEL, NYSE:SHEL) and Exxon Mobil Corp (NYSE:XOM, ETR:XONA)are close to finalising a £394 million deal to sell their jointly-owned gas fields in the southern North Sea to British producer Viaro Energy. This potential sale includes the Clipper and Leman Alpha field clusters.
- 05/30/2024
|
Nikki Haley writes 'finish them' on IDF shell during Israel visit
- Nikki Haley wrote "finish them!" on the side of an IDF artillery shell during a visit to Israel.
- 05/29/2024
|
Shell Layoffs: What to Know About Shell's Latest Clean Energy Job Cuts
- The energy industry may not seem like a fast-moving place, but there's been a tremendous amount of innovation in this sector in recent years. Shell (NYSE: SHEL ) has been among the companies investing heavily in clean energy initiatives as the market moves toward these solutions over the long term.
- 05/29/2024
|
Transaction in Own Shares
- Transaction in Own Shares 29 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 29 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 29/05/2024 488,510 £28.3000 £27.9550 £28.0431 LSE GBP 29/05/2024 66,343 £28.2950 £27.9550 £28.0427 BATS (BXE) GBP 29/05/2024 65,147 £28.2950 £27.9550 £28.0457 Chi-X (CXE) GBP 29/05/2024 380,301 €33.3000 €32.9700 €33.0964 XAMS EUR 29/05/2024 152,927 €33.3000 €32.9800 €33.0936 CBOE DXE EUR 29/05/2024 56,772 €33.2950 €32.9850 €33.1044 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/29/2024
|
Shell, Exxon near deal to sell North Sea assets to Viaro, sources say
- Shell and Exxon Mobil are nearing an agreement to sell their jointly-owned gas fields in the southern North Sea to independent British producer Viaro Energy, three industry and banking sources said.
- 05/29/2024
|
Director/PDMR Shareholding
- NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
- 05/29/2024
|
Transaction in Own Shares
- Transaction in Own Shares 28 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 28 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 28/05/2024 605,844 £27.9100 £27.6225 £27.7175 LSE GBP 28/05/2024 160,423 £27.9100 £27.6250 £27.7167 Chi-X (CXE) GBP 28/05/2024 113,733 £27.9100 £27.6250 £27.7200 BATS (BXE) GBP 28/05/2024 584,899 €32.9450 €32.6250 €32.7447 XAMS EUR 28/05/2024 297,986 €32.9200 €32.6200 €32.7274 CBOE DXE EUR 28/05/2024 57,115 €32.9250 €32.6300 €32.7403 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/28/2024
|
Shareholders Divided Over Shell's (SHEL) Climate Plan at AGM
- Per its climate strategy, Shell (SHE)) aims for a 15-20% reduction in the net carbon intensity of its energy products by 2030 from the 2016 levels.
- 05/28/2024
|
BP, Shell and EOG vie for acreage in Trinidad's oil and gas auction
- Trinidad and Tobago received six bids from BP , Shell and US shale producer EOG Resources on four blocks to explore for oil and gas as its 2023 shallow water auction closed on Monday.
- 05/27/2024
|
Transaction in Own Shares
- Transaction in Own Shares 27 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 27 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 27/05/2024 489,020 €32.8950 €32.6900 €32.8231 XAMS EUR 27/05/2024 171,038 €32.8950 €32.7200 €32.8272 CBOE DXE EUR 27/05/2024 57,984 €32.8950 €32.7200 €32.7906 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/27/2024
|
Shell: Strong Q1 Blows Estimates Out Of The Water
- Shell delivered a strong Q1 with adj. earnings beating consensus by 18% as trading desks profited off market disruptions in refined products and operating performance improved. Portfolio high-grading continues with further $2.8B of divestments in non-core, underperforming businesses while management eyes a stake in Galp's 10Bboe Namibia find. Buyback pace to continue to $3.5B/quarter, implying a ~19% uplift to previous estimates and a >10% annual distribution yield for 2024.
- 05/27/2024
|
4 Energy Companies Announcing Aggressive Buyback Programs
- Energy companies Marathon Petroleum (MPC), BP plc (BP), TotalEnergies (TTE) and Shell plc (SHEL) have all unveiled additional or fresh buyback programs.
- 05/27/2024
|
Transaction in Own Shares
- Transaction in Own Shares 24 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 24 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 24/05/2024 663,784 £27.8050 £27.4800 £27.6787 LSE GBP 24/05/2024 171,308 £27.8000 £27.5050 £27.6624 Chi-X (CXE) GBP 24/05/2024 114,908 £27.7850 £27.5050 £27.6771 BATS (BXE) GBP 24/05/2024 629,101 €32.7800 €32.4250 €32.6283 XAMS EUR 24/05/2024 162,796 €32.7750 €32.4300 €32.6155 CBOE DXE EUR 24/05/2024 58,103 €32.7450 €32.4450 €32.6100 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/24/2024
|
Shell (SHEL) Eyes Rising LNG Demand in Emerging Asian Economies
- Shell (SHEL) highlights that it is competitively positioned to serve the Asian market and hopes to meet part of the demand surge with its highly reliable Australian LNG assets.
- 05/24/2024
|
Greening the Black Gold: 3 Energy Stocks to Gain From CCS Projects
- Investors may keep an eye on three major energy companies, ExxonMobil (XOM), Chevron (CVX), and Shell (SHEL), all actively participating in CCS endeavors.
- 05/24/2024
|
ADNOC, Aramco considering bids for Shell's South Africa assets, Bloomberg News reports
- Abu Dhabi National Oil Co and Saudi Aramco are among companies weighing bids for Shell's downstream assets in South Africa, Bloomberg News reported on Friday, citing people familiar with the matter.
- 05/24/2024
|
3 Oil & Gas Stocks to Buy Now: May 2024
- On the day I'm writing this, crude oil prices are falling on a surprise inventory build. This virtually assures that the OPEC+ nations will be maintaining their output cuts.
- 05/24/2024
|
Transaction in Own Shares
- Transaction in Own Shares 23 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 23 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 23/05/2024 532,328 £27.8400 £27.5250 £27.7069 LSE GBP 23/05/2024 161,841 £27.8400 £27.5600 £27.7096 Chi-X (CXE) GBP 23/05/2024 93,056 £27.8400 £27.5650 £27.7152 BATS (BXE) GBP 23/05/2024 514,226 €32.8250 €32.4900 €32.6855 XAMS EUR 23/05/2024 183,175 €32.8200 €32.4900 €32.6843 CBOE DXE EUR 23/05/2024 57,599 €32.7950 €32.5100 €32.6776 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/23/2024
|
Transaction in Own Shares
- Transaction in Own Shares 22 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 22 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 22/05/2024 1,073,437 £27.8850 £27.5250 £27.6634 LSE GBP 22/05/2024 166,856 £27.8850 £27.6850 £27.7908 Chi-X (CXE) GBP 22/05/2024 109,707 £27.8700 £27.6800 £27.7708 BATS (BXE) GBP 22/05/2024 874,192 €32.8750 €32.4850 €32.6564 XAMS EUR 22/05/2024 296,848 €32.8750 €32.4950 €32.6665 CBOE DXE EUR 22/05/2024 58,960 €32.8800 €32.5700 €32.7369 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/22/2024
|
Shell or BP moving to US listing 'counterproductive', says analyst
- European energy companies considering relocating their primary listing to the bright lights of New York may find it "counterproductive", UBS thinks, though undoubtedly there are some short-term valuation benefits. The US market "carries a lower discount on oil & gas assets, provides more access to capital with fewer ESG constraints", the Swiss bank acknowledged.
- 05/22/2024
|
AI & Big Data in Energy: 3 Oil & Gas Stocks to Keep an Eye On
- Investors are advised to monitor three leading energy stocks, namely Shell (SHEL), BP and Chevron Corporation (CVX), as they are leveraging AI and big data.
- 05/22/2024
|
Oyster Shell Launches to Safeguard Contractors and Employers From Misclassification
- Remote-First Company/SAN FRANCISCO--(BUSINESS WIRE)-- #HR--Oyster®, the global employment platform to hire, pay, and care for distributed teams, today launched Oyster Shell, giving companies an additional layer of protection from potential contractor misclassification risks. Now, when organizations hire contractors on the Oyster platform, they have the option to enroll in contractor misclassification insurance for coverage up to $500,000. Hiring contractors is a practical solution for businesses seek.
- 05/22/2024
|
Declining production a significant issue for Shell, says analyst
- Andrew Critchlow, head of EMEA news at S&P Global Platts, discusses Shell's AGM and explains why U.S. oil companies are trading at a premium.
- 05/21/2024
|
Transaction in Own Shares
- Transaction in Own Shares 21 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 21 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 21/05/2024 564,993 £28.1100 £27.7900 £27.9700 LSE GBP 21/05/2024 164,077 £27.9900 £27.7900 £27.8872 Chi-X (CXE) GBP 21/05/2024 115,930 £28.0700 £27.7900 £27.9027 BATS (BXE) GBP 21/05/2024 515,151 €33.0650 €32.6650 €32.8419 XAMS EUR 21/05/2024 202,252 €33.0650 €32.6650 €32.8572 CBOE DXE EUR 21/05/2024 57,597 €33.0350 €32.6650 €32.8017 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/21/2024
|
Result of AGM
- SHELL PLC RESULT OF ANNUAL GENERAL MEETING Shell plc announces the poll results on the resolutions at its Annual General Meeting held on Tuesday May 21, 2024 at the InterContinental London – The O2, 1 Waterview Drive, Greenwich Peninsula, London SE10 0TW. Resolutions 1-22 were carried and resolution 23 was not carried.
- 05/21/2024
|
Shell faces barrage of protests over climate at AGM
- Shell has faced another barrage of questions and protests at its AGM from climate change activists and lobby groups over its green policies. Chairman Andrew MacKenzie was interrupted by protesters chanting the Dolly Patron sung Jolene with the words changed while a small group of protestors chanted outside of the meeting.
- 05/21/2024
|
Shell shareholders reject investor climate resolution
- Shell shareholders on Tuesday rejected a resolution filed by a group of investors urging the energy company to set tighter climate targets.
- 05/21/2024
|
Africa-Paris Declaration on Energy Transition, Climate Justice and Energy Poverty
- The declaration aligns Africa's position on the global energy transition and climate justice debate, following the conclusion of the Invest in African Energy forum in ParisJOHANNESBURG, SOUTH AFRICA / ACCESSWIRE / May 20, 2024 / African civil society, human rights groups, environmental groups, governments and the private sector stand firm in their commitment to align Africa's efforts in combating energy poverty and fostering industrialization, all while advocating for a just energy transition and ensuring climate justice. This steadfast commitment was underscored by the conclusion of the Invest in African Energy forum held in Paris on May 15.Throughout the forum, key stakeholders from across the continent and beyond convened to address the pressing energy challenges facing Africa. Taking place in Paris - the city where the Paris Climate Agreement was signed in 2016 - discussions centered on strategies to attract investment, promote sustainable energy development and drive economic growth while prioritizing environmental responsibility, African civil society, human rights groups, environmental groups, governments and the private sector recognize the critical importance of addressing energy poverty, which continues to impede socio-economic progress in many African nations. By fostering an environment conducive to investment and innovation, we Africans aim to unlock the continent's vast energy potential and empower communities with access to reliable, affordable energy sources.The Paris Declaration calls for fruitful discussions and collaborations, highlighting the shared commitment of African nations, global investors and industry leaders to drive sustainable energy development across the continent.Moving forward, we remain dedicated to championing Africa's energy agenda, advocating for policies that balance economic growth with environmental stewardship, and empowering African nations to realize their energy potential while advancing climate goals.We recognize Africa's sovereign right to develop its energy resources - which include north of 125 billion barrels of oil and 620 trillion cubic feet of natural gas - in a balanced and sustainable manner. Ramping up energy investment, deploying continuous finance and advancing energy projects represent Africa's core priorities, as 600 million Africans lack access to reliable power and 900 million Africans lack access to clean cooking fuels. Projects like the TotalEnergies-led Mozambique LNG development and the East African Crude Oil Pipeline seek to maximize Africa's resources for the benefit of local communities. In West Africa, developments such as Perenco's Cap Lopez LNG Terminal and associated LPG facility, the Nigeria-Morocco Gas Pipeline and the Eni-led Congo LNG project will catalyze long-term economic growth and energy resilience, with natural gas, LNG and LPG set to play a critical role in the continent's energy poverty reduction strategy. The Southern African region is only just starting to realize the full potential of its oil and gas resources, with recent discoveries made in Zimbabwe's Cabora Bassa Basin by Invictus Energy and Namibia's prolific Orange Basin by Shell, TotalEnergies and Galp. Namibia is also home to the development of sub-Saharan Africa's largest green hydrogen project led by Hyphen Hydrogen Energy, while Mauritania is pioneering green hydrogen through Chariot's Project Nour and CWP Global's AMAN Project, coupled with expanded gas development from the bp-operated Greater Tortue Ahmeyim LNG project.Despite Africa's unmet energy requirements, global energy lending has only tightened, as major European and other Western banks exit the fossil fuels industry in Africa, while financing fossil fuels in Western countries. These institutions have not been equitable when it comes to facilitating adequate energy and climate finance for African countries, where local populations are disproportionately affected by both climate risks and restrictions on fossil fuel development. Europe has made repeated calls for natural gas and green finance, yet there is a considerable blockage on energy finance for African countries. This chokehold continues to inhibit Africa's industrial growth and the establishment of critical gas-driven industries like power, petrochemicals, fertilizers and mining, keeping the continent at a developmental lag.We Africans deplore the continuous polarization of the energy dialogue in Western countries and call on the demonization of African oil and gas to stop. We urge free market solutions to Africa, and not a continuous push for aid so that Africans pledge to leave their resources in the ground. More aid is not the answer. Investment is key. From Cape to Cairo, from Nairobi to Dakar, we stand united toward meeting our shared obligations to fight climate change, noting that wealthy nations need to decarbonize and Africa needs to industrialize.It is the position of African civil society, human rights groups, environmental groups, governments and the private sector that African countries must diversify available pools of capital and create financial instruments outside of traditional institutions - tapping into private equity and non-conventional bonds - to fund new exploration and energy initiatives. Moreover, African countries must put in place attractive regulatory and fiscal terms, thereby creating an enabling environment and removing all barriers to investment, such as incohesive regulation, excessive red tape or nationalistic policies. With competitive terms and incentives in place - followed by the integration of ESG principles and capacity building requirements - African energy projects will be able to compete effectively for global capital and work toward making energy poverty history across the continent.Distributed by APO Group on behalf of African Energy Chamber.Download image: https://apo-opa.co/4bI9YykSOURCE: African Energy Chamber
- 05/20/2024
|
Transaction in Own Shares
- Transaction in Own Shares 20 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 20 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 20/05/2024 641,832 £28.3200 £28.0100 £28.1426 LSE GBP 20/05/2024 153,995 £28.3200 £28.0250 £28.1547 Chi-X (CXE) GBP 20/05/2024 130,173 £28.3200 £28.0250 £28.1540 BATS (BXE) GBP 20/05/2024 601,659 €33.2150 €32.8900 €33.0268 XAMS EUR 20/05/2024 212,626 €33.2100 €32.8950 €33.0312 CBOE DXE EUR 20/05/2024 55,715 €33.2100 €32.9150 €33.0902 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/20/2024
|
Metal Casting Market size is set to grow by USD 12.15 bn from 2024-2028, growing adoption of x-ray casting increases efficiency in defect recognition to boost the market growth, Technavio
- NEW YORK, May 20, 2024 /PRNewswire/ -- The global metal casting market size is estimated to grow by USD 12.15 bn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.22% during the forecast period. For more insights on the forecast market size and historic data (2018 - 2022) - Download Free sample report in a minutes Key Market Trends Fueling Growth The metal casting market experiences significant growth due to advancements in X-ray technology, specifically automatic or assisted defect recognition systems. These systems, which use digital radiography technology, contribute to waste minimization, production of lightweight yet strong parts, and cost-effectiveness. Applications span various industries, including automotive, where the demand for recyclable materials and lightweight vehicles drives aluminum casting. Key materials, such as carbon, silicon, manganese, phosphorus, and sulphur, are melted and shaped into components like machines' pipes, gearbox cases, cylinder heads, and engine oil pans. Casting processes, including Die Casting, Shell Mold Casting, Gravity Casting, Vacuum Casting, sand casting, and blowers, benefit from these advancements. Additionally, wear-resistant parts like bearings, cams, gears, valves, screw nuts, wire rod, electrical sheets, and stainless steel are produced, adhering to regulations in various industries. Regional Analysis Research report provides comprehensive data on Market Segmentation analysis - Buy Report Segment Overview This metal casting market report extensively covers market segmentation by 1.1 Automotive- The global metal casting market experiences significant growth in the automotive sector, driven by the production of lightweight, maneuverable, and cost-effective components. Die casting, including Zinc and Aluminum die casting, is a prominent method used in automotive manufacturing. Other casting techniques, such as Shell Mold Casting, Gravity Casting, Vacuum Casting, and Sand Casting, are also employed in the production of various automotive parts, including blowers, bearings, cams, engine oil pans, gears, valves, screw nuts, and wire rods. Recyclable materials, like aluminum and cast iron (Grey iron metal), are utilized in the casting process to meet the increasing demand for sustainable and lightweight vehicle components. Regulations governing the use of specific metals and alloys in automotive manufacturing, such as stainless steel, further expand the market scope. Die casting, 3D metal shaping, and even 3D printing, are employed in the production of complex components like lamp poles, bus pedals, train wheels, and various vehicle parts. The metal casting industry caters to diverse sectors, including oil & gas, aerospace, railroad, healthcare, mining, and more, with die metal casting and flexible designing enabling rapid prototyping and innovation. Silicone and both metal and plastic materials are also used in casting processes to cater to the evolving needs of various industries. For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 - 2022) - Download a Sample Report Research Analysis The Metal Casting Market encompasses various processes, including die-casting and sand molding, for producing lightweight vehicles' components using recyclable materials such as aluminum and grey iron metal. Regulations mandate the use of cut-out moulds for 3D metal shape fabrication, ensuring flexible designing and waste minimization. Aluminum casting, a key process, offers strong parts with cost-effectiveness. Silicone and metal are commonly used in sand casting for lamp poles manufacturing. Rapid prototyping through 3D printing enhances innovation, while the use of plastic and sand in metal casting processes contributes to the industry's growth. Overall, the Metal Casting Market focuses on producing lightweight, strong parts with cost-effectiveness and adherence to regulations. Market Research Overview The Metal Casting Market encompasses the production of various metals through the process of casting. This involves pouring molten metal into a mold, which is then allowed to solidify and form the desired shape. The Metal Casting Market is driven by the demand for metals in various industries, including automotive, construction, and engineering. The process of metal casting is versatile, allowing for the production of complex shapes and large quantities. The use of advanced technologies, such as investment casting and sand casting, enhances the efficiency and precision of metal casting. The market for metal casting is expected to grow due to the increasing demand for metals in various sectors and the continuous advancements in casting technologies. The Metal Casting Market offers significant opportunities for growth and innovation. Table of Contents: 1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation 7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
- 05/20/2024
|
Shell Science Lab Regional Challenge Announces 2024 Grand-Prize Winners
- MCLEAN, Va.--(BUSINESS WIRE)-- #STEMEd--NSTA announces the grand prize winners of the 2024 Shell Science Lab Regional Challenge.
- 05/20/2024
|
Meridian Wealth Management LLC Sells 400 Shares of Teck Resources Limited (NYSE:TECK)
- Meridian Wealth Management LLC trimmed its position in shares of Teck Resources Limited (NYSE:TECK – Free Report) (TSE:TECK) by 5.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,104 shares of the basic materials company’s stock after selling 400 shares during the period. Meridian Wealth Management LLC’s holdings in Teck Resources were worth $301,000 at the end of the most recent reporting period. Other large investors also recently modified their holdings of the company. Wealthsource Partners LLC grew its position in shares of Teck Resources by 4.0% during the third quarter. Wealthsource Partners LLC now owns 7,747 shares of the basic materials company’s stock worth $334,000 after purchasing an additional 300 shares in the last quarter. Shell Asset Management Co. boosted its position in shares of Teck Resources by 2.9% during the third quarter. Shell Asset Management Co. now owns 13,649 shares of the basic materials company’s stock worth $590,000 after acquiring an additional 386 shares during the last quarter. Allworth Financial LP grew its stake in Teck Resources by 17.9% during the third quarter. Allworth Financial LP now owns 2,558 shares of the basic materials company’s stock valued at $110,000 after acquiring an additional 388 shares in the last quarter. Cigna Investments Inc. New increased its holdings in Teck Resources by 4.6% in the 4th quarter. Cigna Investments Inc. New now owns 8,800 shares of the basic materials company’s stock valued at $374,000 after acquiring an additional 391 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in Teck Resources by 4.1% in the 3rd quarter. Kestra Advisory Services LLC now owns 11,511 shares of the basic materials company’s stock worth $496,000 after purchasing an additional 455 shares in the last quarter. Hedge funds and other institutional investors own 78.06% of the company’s stock. Teck Resources Trading Up 3.8 % TECK opened at $53.79 on Monday. The company has a quick ratio of 0.86, a current ratio of 1.49 and a debt-to-equity ratio of 0.20. The stock’s fifty day moving average is $47.46 and its two-hundred day moving average is $41.76. The company has a market capitalization of $27.51 billion, a P/E ratio of 23.80, a PEG ratio of 11.92 and a beta of 1.12. Teck Resources Limited has a 52 week low of $34.38 and a 52 week high of $53.84. Teck Resources (NYSE:TECK – Get Free Report) (TSE:TECK) last posted its quarterly earnings results on Thursday, April 25th. The basic materials company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.31). Teck Resources had a net margin of 10.59% and a return on equity of 7.52%. The business had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $2.99 billion. Analysts forecast that Teck Resources Limited will post 2.18 earnings per share for the current year. Teck Resources Cuts Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 17th will be given a $0.0911 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Monday, June 17th. Teck Resources’s payout ratio is 16.37%. Analysts Set New Price Targets Several equities analysts have weighed in on the company. Benchmark raised their price target on Teck Resources from $50.00 to $52.00 and gave the company a “buy” rating in a report on Monday, April 8th. Morgan Stanley restated an “overweight” rating and issued a $55.00 price target on shares of Teck Resources in a research report on Thursday, April 11th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Teck Resources from $44.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 17th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $57.86. Get Our Latest Stock Report on Teck Resources Teck Resources Profile (Free Report) Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen.
- 05/20/2024
|
Transaction in Own Shares
- Transaction in Own Shares 17 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 17 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 17/05/2024 710,000 £28.3450 £27.9950 £28.0990 LSE GBP 17/05/2024 150,000 £28.3250 £27.9900 £28.1012 BATS (BXE) GBP 17/05/2024 100,000 £28.3300 £27.9900 £28.1009 Chi-X (CXE) GBP 17/05/2024 949,021 €33.1950 €32.8100 €32.9522 XAMS EUR 17/05/2024 200,979 €33.1850 €32.8200 €32.9455 CBOE DXE EUR 17/05/2024 50,000 €33.1950 €32.8150 €32.9461 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/17/2024
|
Norway wealth fund asks Shell for more climate policy disclosure
- Norway's $1.6 trillion sovereign wealth fund said on Thursday it had asked Shell to make additional disclosures regarding the company's revised climate targets.
- 05/17/2024
|
Transaction in Own Shares
- Transaction in Own Shares 16 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 16 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 16/05/2024 1,135,704 £28.4950 £27.9950 £28.2245 LSE GBP 16/05/2024 733,121 £28.5000 £28.0000 £28.2351 BATS (BXE) GBP 16/05/2024 164,175 £28.4800 £27.9950 £28.2013 Chi-X (CXE) GBP 16/05/2024 1,288,034 €33.4100 €32.8000 €33.0167 XAMS EUR 16/05/2024 280,812 €33.3950 €32.8000 €32.9873 CBOE DXE EUR 16/05/2024 58,154 €33.3900 €32.8000 €32.9862 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/16/2024
|
Buy the Big Oil dip with an emphasis on Shell, says JPMorgan
- In one of the more anti-woke stock recommendations of the week, analysts at JPMorgan have tipped Big Oil stocks, particularly British supermajor Shell PLC (LSE:SHEL, NYSE:SHEL). "Fundamentally, we believe oil and gas is significantly underrated and undervalued in the context of the need for a reality check on Energy Transition," they said.
- 05/16/2024
|
Transaction in Own Shares
- Transaction in Own Shares 15 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 15 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 15/05/2024 43,329 £29.2800 £28.4800 £28.8748 LSE GBP 15/05/2024 3,818 £29.1950 £28.5150 £28.9315 Chi-X (CXE) GBP 15/05/2024 2,853 £29.0000 £28.5500 £28.7703 BATS (BXE) GBP 15/05/2024 42,476 €34.2250 €33.3400 €33.7873 XAMS EUR 15/05/2024 6,062 €34.2250 €33.4000 €33.8710 CBOE DXE EUR 15/05/2024 1,156 €34.2050 €33.6200 €33.9726 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/15/2024
|
Wall Street Favorites: 3 Energy Stocks With Strong Buy Ratings for May 2024
- As oil prices rise, it's worth looking at the top energy stocks to buy in May. The energy sector, typically known for its volatility, was off to a strong start this year.
- 05/15/2024
|
Director/PDMR Shareholding
- NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
- 05/14/2024
|
Transaction in Own Shares
- Transaction in Own Shares 14 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 14 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 14/05/2024 604,105 £29.4450 £29.0100 £29.2259 LSE GBP 14/05/2024 223,895 £29.4450 £29.0050 £29.2391 BATS (BXE) GBP 14/05/2024 70,000 £29.4350 £29.0050 £29.2424 Chi-X (CXE) GBP 14/05/2024 760,000 €34.4300 €33.8950 €34.1599 XAMS EUR 14/05/2024 100,000 €34.4200 €33.9000 €34.1677 CBOE DXE EUR 14/05/2024 20,000 €34.4200 €33.9300 €34.1913 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/14/2024
|
NSTA Announce 2024 Shell Urban Science Educator Development Award Winners
- MCLEAN, Va.--(BUSINESS WIRE)-- #K12--NSTA announced the seven winners of the 2024 Shell Urban Science Educator Development Award.
- 05/14/2024
|
Transaction in Own Shares
- Shell plc (the ‘Company') announces that on 13 May, 2024 it purchased the following number of Shares for cancellation.
- 05/13/2024
|
Piersica Inc. Receives Shell GameChanger Grant to Help Bring its Solid-State Battery Technology to Market
- TALLAHASSEE, Fla.--(BUSINESS WIRE)-- #BatteryIndustry--Piersica has received a grant from Shell GameChanger to help accelerate the development of the company's innovative solid-state battery technology.
- 05/13/2024
|
Extruded Pharmaceuticals to make stock market debut after RTO deal with Amur cash shell
- Amur Minerals Corporation (AIM:AMC, OTC:AMMCF) PLC's 18-year association with the AIM market will come to an end later this month when it undergoes a corporate transformation to become CRISM Therapeutics Corporation. After disposing of its nickel-copper asset in Russia, Amur was turned into a cash shell.
- 05/13/2024
|
3 Reasons Shell Remains A Buy
- Shell's stock price has seen a healthy rise so far this year, and this can continue due to three supporting factors. An expected increase in oil prices can boost its earnings. The company's recent results haven't disappointed investors either, with a sequential earnings improvements. And its P/E is still attractive. There's a risk from a weakness in the US economy, which can slow down demand. But how big a risk this is remains to be seen.
- 05/12/2024
|
Transaction in Own Shares
- Transaction in Own Shares 10 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 10 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 10/05/2024 599,678 £29.4700 £29.2350 £29.4011 LSE GBP 10/05/2024 114,203 £29.4700 £29.2600 £29.3854 Chi-X (CXE) GBP 10/05/2024 96,119 £29.4600 £29.2750 £29.3796 BATS (BXE) GBP 10/05/2024 534,544 €34.4450 €34.1900 €34.3465 XAMS EUR 10/05/2024 172,173 €34.4450 €34.2200 €34.3530 CBOE DXE EUR 10/05/2024 36,283 €34.4300 €34.2200 €34.3516 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/10/2024
|
Passive Income Opportunity Alert: Shell Out Some Money for Shell Stock
- If there's one thing that Shell (NYSE: SHEL ) likes to do, it's return capital to the company's loyal shareholders. They do this through buybacks and dividends.
- 05/10/2024
|
Shell (SHEL) to Sell Off Its Singapore Refinery and Other Assets
- Shell's (SHEL) sale of its refinery and petrochemical assets can be linked with its plan to lower its overall carbon footprint while also focusing on its most profitable ventures.
- 05/09/2024
|
Transaction in Own Shares
- Transaction in Own Shares 9 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 9 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 09/05/2024 595,978 £29.2350 £28.9500 £29.0895 LSE GBP 09/05/2024 128,609 £29.2350 £28.9700 £29.0808 Chi-X (CXE) GBP 09/05/2024 100,413 £29.2400 £28.9750 £29.0602 BATS (BXE) GBP 09/05/2024 573,341 €34.1350 €33.8100 €33.9810 XAMS EUR 09/05/2024 189,968 €34.1300 €33.8100 €33.9871 CBOE DXE EUR 09/05/2024 41,691 €34.1100 €33.8400 €33.9108 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/09/2024
|
Investors Heavily Search Shell PLC Unsponsored ADR (SHEL): Here is What You Need to Know
- Shell (SHEL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 05/09/2024
|
Chandra Asri purchase of Shell Singapore refinery brings scale, risk
- While Chandra Asra's deal to buy Shell's Singapore refinery will see it join the ranks of Southeast Asia's largest petrochemicals players, it is taking on the risk of running an aging facility in a highly competitive sector.
- 05/09/2024
|
Shell, BNP Paribas Among Firms Exiting South Africa
- Bloomberg News' Jennifer Zabasajja discusses global firms exiting South Africa with Joumanna Bercetche on on Horizons Daybreak: Middle East & Africa. -------- More on Bloomberg Television and Markets Like this video?
- 05/09/2024
|
Shell and Total Talk of Moving to New York. It's No Cure-All.
- European energy companies are getting more serious about shifting their stocks to the U.S. in search of higher valuations.
- 05/09/2024
|
Shell (SHEL) Exits China's Power Market, Focuses on Fossil Fuels
- Shell (SHEL) cites its shift toward refocusing on its profitable ventures, including those associated with traditional fossil fuels, as the reason for its withdrawal from China's power business.
- 05/08/2024
|
Transaction in Own Shares
- Transaction in Own Shares 8 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 8 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 08/05/2024 598,291 £29.0350 £28.7100 £28.9122 LSE GBP 08/05/2024 139,646 £29.0400 £28.7100 £28.9238 Chi-X (CXE) GBP 08/05/2024 106,063 £29.0350 £28.7300 £28.9101 BATS (BXE) GBP 08/05/2024 577,346 €33.9250 €33.5150 €33.7574 XAMS EUR 08/05/2024 189,656 €33.9050 €33.5050 €33.7546 CBOE DXE EUR 08/05/2024 45,998 €33.8900 €33.6800 €33.7978 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.
- 05/08/2024
|
Explainer: Shell's Singapore refinery sale and its market significance
- Oil giant Shell said on Wednesday that it has agreed to sell its Bukom refinery in Singapore - one of the world's largest oil refining and trading centres - to a joint venture of Indonesian chemicals firm PT Chandra Asri and global trading house Glencore, culminating a process that began last year.
- 05/08/2024
|
Shell to sell Singapore refinery, petrochemical assets to Chandra Asri and Glencore
- Shell said on Wednesday it has agreed to sell its refinery and petrochemical assets in Singapore to a joint venture between Indonesia's Chandra Asri Capital and Glencore Asian Holdings.
- 05/08/2024
|
Motor fuel prices up 10p this year as margins soar
- Prices for petrol and diesel have risen by 10p a litre this year so far, according to the RAC, adding £5.50 to the cost of filling up a family car. Drivers are being “seriously overcharged for diesel” with retailers making “massive margins” added the monitoring organisation, which has again called on the UK's competition authority to clamp down on what it says is clear overcharging.
- 05/07/2024
|
LNG Shipping Stocks: Preparation For A Bullish Move
- LNG Shipping Stocks: Preparation For A Bullish Move
- 05/07/2024
|
Shell to exit South Africa's downstream businesses
- Oil major Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday.
- 05/06/2024
|
Shell in talks to sell Malaysian gas station business to Saudi Aramco in $1-billion deal: report
- Energy conglomerate Shell is currently negotiating the sale of its extensive gas station network in Malaysia to Saudi Arabia's state-owned oil company, Saudi Aramco, in a deal that industry insiders estimate could reach $1 billion, Reuters reported.
- 05/06/2024
|
Exclusive: Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say
- Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of the discussions said, and a deal could be worth up to $1 billion.
- 05/06/2024
|
Apple, Glencore, Sony, Novo Nordisk, Shell, Goldman Sach, GSK, Qualcomm, AMD, Starbucks, Amazon – Markets Defused
- Markets Defused aims to present an easy-to-understand and straightforward recap of the week's most engaging stock market news Apple impressed Wall Street, Cook promises AI growth Sony stepped in with $26bn bid to buy Paramount Ozempic and Wegovy gave more record results at Novo Nordisk Goldman Sachs ready to boost banker bonuses in London Qualcomm optimistic about future smartphone sales AMD fell short of high expectations Starbucks revenues disappointed Amazon's beat expectations Apple financials impressed Wall Street, Cook promises AI growth Apple Inc (NASDAQ:AAPL, ETR:APC) investors welcomed the iPhone maker's latest earnings report on Thursday, buying up the shares following Thursday's report. Revenues came in ahead of Wall Street expectations for Apple's first quarter driven by demand in its services businesses – iCloud, Apple TV+, and Apple Music – whilst iPhone sales declined.
- 05/04/2024
|
Shell switch to US not so straightforward, suggests bank
- Shell isn't the only European oil supermajor mulling switching its listing to the US. Total Energies, too, has said it has considered it is an option, but US broker Jefferies has looked at the evidence and does not think just switching where its shares are listed will be enough to close the gap on US rivals.
- 05/03/2024
|
Shell, INEOS granted licences in lasest North Sea allocation
- Shell PLC (LSE:SHEL, NYSE:SHEL) and INEOS are among 19 companies to have been awarded new licences to drill for oil and gas in the North Sea A new wave of 31 North Sea licences was awarded on Friday, marking the third and final set offered under the UK's 33rd offshore round. These covered 88 blocks across the southern North Sea, central North Sea and east Irish Sea.
- 05/03/2024
|
Stock Market Crash Alert: 3 Must-Buy Oil & Gas Stocks When Prices Plunge
- There are many worthwhile oil and gas stocks to buy currently available. Especially while the oil and gas sector enjoys several significant benefits.
- 05/03/2024
|
Shell to focus on share buybacks to boost stock over New York listing, CEO Wael Sawan says
- Shell is not currently working on plans to shift its listing from London to New York, but is instead seeking to boost its stock price by buying more of its shares back from shareholders, company CEO Wael Sawan said in a call with investors Tuesday.
- 05/02/2024
|
Shell attacked by activists over carbon emissions
- Shell PLC (LSE:SHEL, NYSE:SHEL)'s first quarter trading update faces backlash from activist investors and environmentalists over the oil major's carbon emissions. Shell reported an adjusted US$7.7 billion (£6.2 billion) profit for the first three months of the year on Thursday, driven by oil and gas sales.
- 05/02/2024
|
Shell Beat Expectations on Earnings, Buys Back Shares. The Stock Is Rising.
- Chief Executive Officer Wael Sawan is working to close the valuation gap between his company and American rivals Exxon and Chevron.
- 05/02/2024
|
Shell Keeps Up Buyback Pace, Profits Beat Estimates
- Shell maintained the pace of share buybacks as first-quarter profit dropped less than expected. The energy producer has made dividends and buybacks a priority as it seeks to close the valuation gap with its US peers.
- 05/02/2024
|
Shell launches $3.5 billion buyback after earning $7.7 billion
- Shell's first-quarter adjusted earnings fell by less than expected, buoyed by strong margins from crude and oil trading, while the energy giant kicked off a $3.5 billion share buyback program as it hurries to close the valuation gap between it and its U.S. rivals.
- 05/02/2024
|
Shell's Q1 report shows robust operational and financial performance, earning $7.7 billion
- Shell plc, the British multinational oil and gas company, just released its quarterly earnings today for the Q1 of FY24. The Q1 adjusted earnings were of $7.7 billion, reflecting a strong operational performance across the business.
- 05/02/2024
|
Shell loads up another share buyback as earnings beat forecasts
- Shell PLC (LSE:SHEL, NYSE:SHEL) unveiled a new $3.5 billion share buyback as it reported higher first-quarter profits than expected. Adjusted earnings from the oil supermajor came in at $7.7 billion for the first three months of 2024, which was down 10% year over year but up 6% from the final quarter of 2023 and better than the $6.25 billion average analyst forecast.
- 05/02/2024
|
Oil giant Shell beats first-quarter profit estimates despite weaker gas prices
- British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, despite a sharp downturn in natural gas prices in Europe.
- 05/02/2024
|
Shell beats expectations with $7.7 bln first-quarter profit
- Shell on Thursday reported first-quarter adjusted earnings of $7.7 billion, sharply beating expectations, on the back of strong oil trading and higher refining margins.
- 05/02/2024
|
Shell exits China power market businesses
- Shell decided to exit China's power generation, trading and marketing businesses effective from the end of 2023, the company said on Wednesday.
- 05/01/2024
|
Shell (SHEL) Q1 Earnings Coming Up: Here's What to Expect
- Shell (SHEL) beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed in the other, resulting in an earnings surprise of 7.6%, on average.
- 04/30/2024
|
Nigeria's regulator begins evaluation of Shell's onshore divestment in Niger Delta region
- Nigeria's oil regulator on Monday commenced the evaluation of the divestment processes of Shell's 75-year-old onshore assets to Renaissance company, the new investors.
- 04/29/2024
|
3 Stocks With Unusual Call Option Buying Activity
- Buying options is a way to increase the leverage on a trade, as it takes an investor less out-of-pocket money to gain significantly higher exposure to a stock's underlying direction. The caveat lies in the investor being right on both the direction and timing of the stock since options have an expiration date.
- 04/29/2024
|
Shell nets $1bn annually from US oil trading
- Shell PLC (LSE:SHEL, NYSE:SHEL) regularly earns around US$1 billion a year from oil trading in the US, a lawsuit from a former employee has revealed. Though Shell does not disclose financials from US crude oil trading, a deposition by one of the division's former bosses offered a glimpse of its contributions to the oil major.
- 04/29/2024
|
Shell earns $1 billion a year from US crude trading, court filing shows
- Financial details of Shell's vast oil and gas trading business are some of the company's closest-held secrets. Documents in a lawsuit filed by a former employee, however, revealed its U.S. crude trading regularly earns around $1 billion every year.
- 04/29/2024
|
The Top 7 Oil & Gas Stocks to Buy in April 2024
- The World Bank has warned that an escalation of tensions in the Middle East could push oil prices above $100 per barrel, reversing the recent downward trend in global inflation. The Bank stated that even before the recent missile strikes between Iran and Israel, the fall in commodity prices had been leveling off, making interest rate decisions more challenging for central banks.
- 04/27/2024
|
Will Shell make the Brexit case in first-quarter earnings?
- Shell PLC (LSE:SHEL, NYSE:SHEL) shareholders are on tenterhooks as they await the oil supermajor's first-quarter results, with the valuation question hanging heavy in the air. Although Shell was recently edged out by AstraZeneca as Britain's most valuable company, it's share price is still near allt-ime highs with a £185.1 billion market capitalisation.
- 04/26/2024
|
Crude Awakening: 3 Energy Plays Set to Strike Liquid Gold for Investors
- Oil prices have surged approximately 15% this year, hovering near $90 a barrel with expectations of remaining at elevated geopolitical tensions. This rise in oil prices was fueled by increasing tensions between Iran and Israel, raising concerns about broader conflicts in the Middle East.
- 04/25/2024
|
AstraZeneca overtakes Shell as Britain's most valuable company.
- AstraZeneca PLC (LSE:AZN)'s solid rally following Thursday's first-quarter earnings print has made the pharmaceuticals giant Britain's most valuable company, overtaking oil major Shell. AstraZeneca posted a robust set of financial results that sent its share price over 6% higher, meaning its valuation has increased by a quarter since mid-February.
- 04/25/2024
|
Shell (SHEL) Rises Higher Than Market: Key Facts
- Shell (SHEL) closed at $73.13 in the latest trading session, marking a +0.49% move from the prior day.
- 04/24/2024
|
Red Sea shipping traffic drops 66% due to attacks
- Traffic through the Red Sea has dropped dramatically since mid-December, as tensions boil in the Middle East. Official figures showed on Wednesday that ships passing through the Suez Canal began to decline from December and had fallen by two-thirds year on year by the first week of April.
- 04/24/2024
|
Shell (SHEL) and Exxon (XOM) Bid Farewell to Groningen Field
- Shell (SHEL) and Exxon Mobil's (XOM) Groningen field has been permanently closed, following a law passed by the Dutch Senate. However, the field still has substantial reserves remaining.
- 04/23/2024
|
Europe's supply of public equity is shrinking at fastest rate in history
- Large-cap companies across Europe and the UK are buying back shares at unprecedented rates, new research from Goldman Sachs reveals. This is leading to a situation where high buyback-yielding stocks are outperforming high dividend-yielding stocks.
- 04/23/2024
|
Here is What to Know Beyond Why Shell PLC Unsponsored ADR (SHEL) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to Shell (SHEL). This makes it worthwhile to examine what the stock has in store.
- 04/22/2024
|
Is $231 Billion Energy Giant Shell Calling Time On Its London Listing?
- The year 2024 was supposed to mark a rebound for the London Stock Exchange (LSE). Instead, it has turned out to be anything but so far, with the departures or looming exits of several high profile companies.
- 04/22/2024
|
Galp's Namibia discovery confirms commercial potential with high test flows
- Galp's new discovery offshore Namibia has been successfully tested, with flows from the Mopane-1X well hitting the maximum limit of 14,000 barrels oil equivalent per day in a test. The Portuguese oil major, in a statement on Sunday, described Mopane as ‘potentially an important commercial discovery'.
- 04/22/2024
|
3 UK oil stocks to invest in as Middle East tensions rise
- The year 2024 has faced many headwinds so far – but arguably the most devastating has been the ongoing conflict in the Middle East. With far-reaching implications, some of the markets most impacted are global oil prices.
- 04/18/2024
|
Nigeria strikes deal with Shell to supply $3.8 bln methanol project
- Nigeria has struck a deal for Shell to supply gas to its proposed $3.8 billion Brass methanol facility, resolving a major hurdle to a final investment decision on the project, the minister of state for gas said on Thursday.
- 04/18/2024
|
Shell & BP's Q1 Updates Lead Oil & Gas Stock Roundup
- SHEL, BP, XOM, PBR and CVX emerge as the energy headline makers during the week.
- 04/17/2024
|
Shell urges investors to reject shareholder group's climate demands
- Shell on Wednesday urged shareholders to vote against an independent resolution, co-filed by a group of 27 investors, urging the energy company to set tighter climate targets.
- 04/17/2024
|
Shell Stock's Breakout Bonanza: Why This Energy Giant Is Poised for Explosive Gains
- UK-based Shell plc (NYSE: SHEL ) continues to break out of its shell, so to speak. In 2023, Shell stock outperformed its stateside peers.
- 04/17/2024
|
Shell (SHEL) Collaborates With Seatrium to Enhance FPS Technology
- Shell (SHEL) and Seatrium plan to leverage their extensive experience and knowledge garnered from previous FPS-related projects to refine and enhance the benefits of replication.
- 04/16/2024
|
Don't Miss Out: 7 Hot Energy Stocks You Need to Own Now
- Energy stocks are again in fashion with investors. During the month of March, the energy sector was the strongest performer among the 11 stock market sectors.
- 04/16/2024
|
Final Trades: Shell, Freeport-McMoran and Steel Dynamics
- The Investment Committee give you their top stocks to watch for the second half.
- 04/15/2024
|
Final Trades: Shell, 2-YR T-Note and Amgen
- The Investment Committee give you their top stocks to watch for the second half.
- 04/12/2024
|
Shell, Friends of the Earth each say European climate ruling backs their view in Dutch case
- Shell told a Dutch court on Friday that a European climate ruling against the Swiss government supported their appeal against a Dutch climate ruling because it confirmed that states and not courts should set the rules on emissions reductions.
- 04/12/2024
|
Labour party to face ‘uphill struggle' in fight to boost U.K. economy, JPMorgan says
- The U.K.'s Labour party will cruise to victory but is set to face an “uphill struggle” in its fight to revive Britain's troubled economy, a JPMorgan analyst said Friday.
- 04/12/2024
|
Here are 3 Key Stocks Leading the Energy Transition Race
- There are opportunities for energy companies with a footprint in oil & gas resources or transporting commodities and the clean energy space. Three such firms are BP, Shell (SHEL) and Enbridge (ENB).
- 04/11/2024
|
Shell (SHEL) Rises As Market Takes a Dip: Key Facts
- The latest trading day saw Shell (SHEL) settling at $72.65, representing a +1.13% change from its previous close.
- 04/10/2024
|
Shell (SHEL) and Exxon (XOM) Seek Compensation Over Groningen
- Shell (SHEL) and Exxon (XOM)-operated Groningen gas field ceases production following years of output cut. This development aims to limit seismic activity related to gas extraction.
- 04/10/2024
|
Shell (SHEL), Aramco in Price Talks for Pavilion's Assets
- Shell (SHEL) and Aramco are in price discussions about purchasing Pavilion Energy's LNG trading assets, with SHEL seeking to strengthen its global market position.
- 04/10/2024
|
Shell's (SHEL) Outlook for Q1: Chemicals Division Shines
- Per Shell (SHEL), first-quarter LNG liquefaction volumes are expected to go up around 4.8% sequentially but marketing sales volumes are scheduled to deteriorate.
- 04/10/2024
|
Wall Street Favorites: 3 Oil & Gas Stocks With Strong Buy Ratings for April 2024
- Prices for crude oil have risen to their highest level in five months amid growing concerns of tighter supplies fueled by OPEC+ production cuts and turmoil in the Middle East. The price of Brent crude oil, the international standard, is currently at $90.19 per barrel, having risen more than 5% since the start of April.
- 04/09/2024
|
Former Shell boss makes case for London exit
- Former Shell PLC (LSE:SHEL, NYSE:SHEL) boss Ben van Beurden has given his verdict on the debate on whether the oil giant should move its listing from London to the US. Van Beurden said he believes rivals listed in the US benefit from higher multiples, wider access to cash and a more welcoming investor community.
- 04/09/2024
|
Still undervalued? Shell reaches an all-time high valuation
- Shell PLC (LSE:SHEL, NYSE:SHEL) shares hit a fresh all-time high of 2,835p on Tuesday, valuing the British oil major at a record £182.4 billion. It comes a day after boss Wael Sawan made some concerning comments about the state of Shell's London listing and the broader UK capital markets.
- 04/09/2024
|
Oil major Shell mulls New York listing, The Telegraph reports
- Oil major Shell is considering quitting the London Stock Exchange for New York as it looks at "all options" for its listing, the Telegraph reported on Monday, citing the company's top boss.
- 04/08/2024
|
Shell (SHEL) Seeks Long-Term License for Dragon Gas Project
- Shell (SHEL) seeks a long-term U.S. license for the Dragon gas project in Venezuela, which is crucial for supplying gas to the region.
- 04/08/2024
|
Shell threatens to quit its London listing for New York
- London could be set to experience its biggest hit in the exodus of listed companies after Shell PLC (LSE:SHEL, NYSE:SHEL) warned it may move its listing to the US. Wael Sawan, the boss of the largest company in the FTSE 100, said the oil giant was considering "all options" regarding listings.
- 04/08/2024
|
Shell update addresses gas trading concerns - broker
- Shell Plc's (LSE:SHEL, NYSE:SHEL) trading statement on Friday has been described as “overall a positive update”, as analysts at Jefferies repeated a ‘buy' recommendation for the London-listed oil major. Earlier today, Shell gave investors a first quarter update and forecast its integrated gas production to range between 960 to 1,000 thousand barrels of oil equivalent per day (kboe/d).
- 04/05/2024
|
Shell expects ‘significantly lower' gas trading results in Q1 following bumper performance in Q4
- Shell on Friday said it expects results from its gas and power trading business will be “significantly lower” in the first quarter of 2024 than the “exceptional” results it posted in the fourth quarter of 2023 that previously bolstered its bottom line.
- 04/05/2024
|
Shell increases production guidance, cautions on renewables losses
- Shell PLC (LSE:SHEL, NYSE:SHEL) forecasts its integrated gas production to range between 960 to 1,000 thousand barrels of oil equivalent per day (kboe/d), with liquefied natural gas (LNG) liquefaction volumes expected to lie between 7.2 to 7.6 million tonnes (MT) in the first quarter. This is up from the previous quarter's guidance of 901 kboe/d and 7.1 million tonnes in LNG volumes.
- 04/05/2024
|
Shell sees lower integrated gas performance in Q1
- Shell said on Friday that first-quarter trading results for its integrated gas division are expected to be significantly lower than the fourth quarter.
- 04/05/2024
|
Shell (SHEL) Tasks MODEC for FEED Contract Offshore Brazil
- Shell (SHEL) awards a Front-End Engineering and Design contract to MODEC Inc. for a new FPSO system to work on the Gato do Mato ultra-deepwater development.
- 04/04/2024
|
Shell tipped for downbeat update tomorrow
- Shell is slated to give the market its quarterly trading update on Friday, with analysts at Jefferies Investment Bank expecting a downbeat tone. “We see some downside for both Shell and BP ahead of their respective trading updates as the companies may warn about the challenges faced by their gas trading businesses during the quarter (falling volatility for most spreads),” Jefferies analyst Giacomo Romeo said.
- 04/04/2024
|
Shell (SHEL) Exceeds Market Returns: Some Facts to Consider
- Shell (SHEL) concluded the recent trading session at $70.09, signifying a +0.47% move from its prior day's close.
- 04/03/2024
|
Shell seeks longer US license before sanctioning Venezuela gas project
- Oil major Shell is seeking a long-term license from the U.S. before making a final investment decision on the Dragon natural gas project in Venezuela, four people familiar with the matter said.
- 04/03/2024
|
Should Value Investors Buy Shell (SHEL) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/03/2024
|
Wall Street Bulls Look Optimistic About Shell (SHEL): Should You Buy?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 04/03/2024
|
Here's why the Tullow Oil, Shell, and BP share prices are rising
- Energy stocks are jumping, helped by the strong performance of crude oil prices. In the UK, the Shell (LON: SHEL) share price surged to a high of 2,737p on Wednesday.
- 04/03/2024
|
Shell slammed by high-profile actors as landmark green appeal begins
- Shell PLC (LSE:SHEL, NYSE:SHEL) has emerged in the spotlight after facing heated criticism from the likes of actors and environmental groups on the eve of its appeal against a landmark Dutch ruling. Benedict Cumberbatch, Emma Thompson and Stephen Fry were among high profile names to slate the oil giant over its £1.7 million lawsuit against Greenpeace, launched last year.
- 04/02/2024
|
Dutch court hears Shell's appeal against landmark climate ruling
- A Dutch court will on Tuesday hear Shell's appeal against a landmark climate ruling which ordered it to drastically deepen planned greenhouse gas emission cuts.
- 04/02/2024
|
Shell (SHEL), Verdagy to Partner on Renewable H2 Projects
- Shell (SHEL) endorses Verdagy's eDynamic Electrolyzers, marking a major step forward in green hydrogen production and decarbonization.
- 04/01/2024
|
Shell (SHEL) Beats Stock Market Upswing: What Investors Need to Know
- Shell (SHEL) concluded the recent trading session at $67.04, signifying a +0.42% move from its prior day's close.
- 03/28/2024
|
Shell opponents confident ahead of Hague climate case appeal
- Next Tuesday, Shell PLC's (LSE:SHEL, NYSE:SHEL) appeal comes to court in the Hague over the decision to force it to reduce CO2 emissions by 45% of 2019 levels by 2030. The oil supermajor is challenging the 2021 court decision where it was ordered to cut emissions under international climate agreements, which seems counter to the company's recently announced watering down of its carbon reduction targets.
- 03/28/2024
|
BP and Shell fall as oil prices continue lower
- BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) shares faced losses on Wednesday as oil prices moved lower for a second consecutive day.
- 03/27/2024
|
Shell (SHEL) Sells 50% Stake in US Offshore Wind Project
- Shell's (SHEL) renewable energy subsidiary, Shell New Energies US LLC, sells its 50% stake in SouthCoast Wind Energy LLC to Ocean Winds North America LLC.
- 03/26/2024
|
After Golden Cross, Shell (SHEL)'s Technical Outlook is Bright
- Shell PLC Unsponsored ADR (SHEL) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, SHEL's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
- 03/26/2024
|
Why the Market Dipped But Shell (SHEL) Gained Today
- Shell (SHEL) reachead $66.92 at the closing of the latest trading day, reflecting a +0.1% change compared to its last close.
- 03/22/2024
|
Shell (SHEL) Plans to Divest Retail Sites to EV Charging
- Shell (SHEL) plans to divest 500 retail sites yearly for two years and focus on expanding electric vehicle chargers worldwide.
- 03/22/2024
|
Shell (SHEL) Rises But Trails Market: What Investors Should Know
- Shell (SHEL) closed at $66.93 in the latest trading session, marking a +0.69% move from the prior day.
- 03/20/2024
|
Shell sells stake in SouthCoast Wind Energy to Ocean Winds North America
- Energy firm Shell said on Wednesday it had sold its 50% stake in SouthCoast Wind Energy, established to develop wind projects off the coast of Massachusetts, to its joint venture partner Ocean Winds North America for an undisclosed sum.
- 03/20/2024
|
Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit
- Shell is offloading retail locations in a shift to B2B, as across the convenience retail industry, key players are feeling the impacts of ongoing economic challenges.
- 03/19/2024
|
A Reality Check on Big Oil's Energy Transition Challenges
- Achieving a balance between short-term returns and long-term sustainability remains a formidable challenge for oil companies like SHEL, BP and XOM amidst a rapidly evolving energy landscape.
- 03/19/2024
|
Shell (SHEL) Increases Despite Market Slip: Here's What You Need to Know
- Shell (SHEL) closed at $65.78 in the latest trading session, marking a +0.11% move from the prior day.
- 03/14/2024
|
Shell Moderates its Ambitions for Near-Term Emission Cuts
- Shell (SHEL) has moderated its plans for near-term emissions cuts, according to a strategy update released Thursday by the oil giant.
- 03/14/2024
|
Shell pays CEO $8m and waters down carbon emissions targets
- Shell PLC (LSE:SHEL, NYSE:SHEL) revealed the size of chief executive Wael Sawan's pay package in his first year and also that it has watered down its carbon emissions targets for the rest of the decade. Sawan, who on 1 January last year, received a total of £7.9 million, including an annual bonus of £2.7 million and a basic salary of £1.4 million.
- 03/14/2024
|
Oil giant Shell waters down its near-term emission cuts in strategy update
- British oil giant Shell on Thursday announced plans to moderate its near-term carbon emissions cuts.
- 03/14/2024
|
Shell loosens 2030 carbon emissions target
- Shell has lowered its target for reducing the intensity of its overall carbon emissions by 2030, it said on Thursday, citing expectations for lower power sales.
- 03/14/2024
|
Shell CEO Wael Sawan's total pay was $10 million in 2023
- British oil major Shell's CEO Wael Sawan's total pay package in 2023 was 7.9 million pounds ($10.11 million), including an annual bonus of 2.7 million pounds, its annual report showed on Thursday.
- 03/14/2024
|
Shell Layoffs 2024: What to Know About the Latest SHEL Job Cuts
- Many experts and talking heads have been discussing how a resurgence in mergers & acquisitions (M&A) activity could be on the rise this year. Unfortunately, it appears this isn't going to be the case for oil and gas giant Shell (NYSE: SHEL ), which announced today it will be cutting 20% of its team responsible for making deals.
- 03/13/2024
|
Passport to Profits: 7 Global Growth Gems to Diversify Your Holdings
- While the U.S. is the best block in the neighborhood, sometimes, the area could get a little crowded, which then may offer an opportunity for global growth stocks. No one's saying to avoid American securities – far from it.
- 03/13/2024
|
Shell (SHEL) Considers Adjusting Its Emission Reduction Strategy
- Shell (SHEL) considers slowing carbon emission cuts amid an energy strategy update and follows BP's similar move to prioritize shareholder returns.
- 03/13/2024
|
Shell expected to rein back green commitments further in update tomorrow
- Shell is to axe around a fifth of its mergers and acquisitions team ahead of an expected announcement that it is cutting back of its green commitments. According to the report in Bloomberg, Shell has told its M&A team to expect a significant reduction in headcount with the details to be released in April.
- 03/13/2024
|
Shell considers slowing its ambitious net-zero push: report
- Shell is reportedly considering slowing the pace of its transition toward net zero, in what would be a major reversal of the ambitious policies set out under former CEO, as the oil company looks to boost its investments in fossil fuels.
- 03/13/2024
|
Shell (SHEL) Joins Forces With Worley for Hydrogen Project
- Shell (SHEL) partners with Worley for Holland Hydrogen 1 facility in Rotterdam port, supporting net-zero emissions with sustainable energy solutions.
- 03/12/2024
|
Why the Market Dipped But Shell (SHEL) Gained Today
- Shell (SHEL) closed the most recent trading day at $64.32, moving +0.11% from the previous trading session.
- 03/08/2024
|
Here are 3 Integrated Majors Leading the Energy Transition Race
- There are abundant opportunities for energy companies with a footprint in oil and gas resources and the renewable energy space. Three such companies are BP, Shell (SHEL) and Eni (E).
- 03/08/2024
|
4 Integrated Energy Stocks Set to Escape Industry Weakness
- Refining business uncertainties and the energy market???s increasing focus on renewables are making the outlook for the Zacks Oil and Gas Integrated International industry dull.
- 03/07/2024
|
Shell faces calls to safely decommission old assets before Nigeria exit
- Nigeria needs to ensure that Shell safely dismantles its old infrastructure or pays to remove them from the Niger delta before its exit, says a report on the environmental impact of the activities of multinational companies.
- 03/06/2024
|
EU Majors: Prefer TotalEnergies Over Shell And BP
- I see TotalEnergies as uniquely positioned among the EU majors to benefit from a higher-for-longer scenario in oil prices due to its significantly deeper and liquids-heavier portfolio. At 12.5 years of current reserve coverage and ~113% 5-year average replacement ratio, Total can sustainably support 2-3% in annual production growth through 2030. At 7.2x forward EPS, Total trades ~20% below Shell and BP, a discount I do not find warranted given the company's best-in-class balance sheet and capital efficiency.
- 03/05/2024
|
Exclusive: Singapore's Temasek shortlists Saudi Aramco, Shell in sale of Pavilion Energy assets, sources say
- Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy, sources with knowledge of the matter said.
- 03/05/2024
|
Shell (SHEL) Faces Backlash for Leaving Niger Delta to Suffer
- Shell's (SHEL) decision to sell off its subsidiary, Shell Petroleum Development Corporation, meets widespread criticism for the company not taking the onus for extensive pollution in the region.
- 03/01/2024
|
20 GARP Blue-Chip Bargains To Buy Now
- Last week saw a rally in Nvidia stock, causing nervousness among value and income investors. There were opportunities to buy quality companies at good or even great valuations even during the tech bubble. Growth at a reasonable price (GARP) is one potential time-tested way to beat the market long term. Super GARP investing, combining GARP with quality screens, could be better.
- 03/01/2024
|
ExxonMobil, Shell to work with Singapore on carbon capture and storage project
- Global energy majors Exxon Mobil and Shell will work with Singapore to develop a cross-border carbon capture and storage (CCS) project, both companies said on Friday.
- 03/01/2024
|
Exclusive: Shell's US solar unit launches asset sale, sources say
- Shell's U.S. solar business Savion has put around a quarter of its assets up for sale, according to a marketing document and industry sources, as the oil major extends a retreat from owning renewables projects under CEO Wael Sawan.
- 02/28/2024
|
Shell (SHEL) Abandons Offshore Wind Project in South Korea
- Shell (SHEL) agrees to sell off its 80% stake in the MunmuBaram offshore wind project to Hexicon, who had 20% ownership in the same project.
- 02/28/2024
|
Exclusive: Glencore eyes Shell Singapore assets as CNOOC pulls out, sources say
- Swiss miner and commodities trader Glencore is looking at buying Shell's oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier suitors dropped out, several industry and trading sources said.
- 02/27/2024
|
Reabold Resources says Shell cash leaves it well positioned to fast-track key assets
- Reabold Resources PLC (AIM:RBD) said it is now "financially well positioned" to progress its two key assets following the payment of a final tranche of cash for the Victory gas project. The Anglo-Dutch paid £32 million for the North Sea assets, of which £12.7 million went to Reabold.
- 02/27/2024
|
What's Fueling Climate Lawsuits Against BP, Chevron, ConocoPhillips, ExxonMobil And Shell?
- The city of Chicago is the latest to file a climate lawsuit against BP, Chevron CVX , ConocoPhillips COP , ExxonMobil and Shell, alleging that the companies hid information regarding climate change from the public. Greenpeace Italy just filed a similarly themed lawsuit against Eni in Italy.
- 02/23/2024
|
BP and Shell Are Worth Less Than Exxon and Chevron. Here's Why.
- The European oil majors are valued at about a one-third discount to their American counterparts.
- 02/23/2024
|
Shell LNG trading brought huge profit late last year - report
- Shell PLC (LSE:SHEL, NYSE:SHEL) scored nearly one-third of its final quarter profit through the trading of liquified natural gas, according to reports. Some US$2.4 billion of the oil firm's US$7.1 billion net earnings for the three months to December came from such trades, Reuters reported on Friday, citing sources close to the company.
- 02/23/2024
|
Yü Group climbs as new Shell hedging facility unlocks cash
- Yü Group PLC (AIM:YU.) climbed over 11% on Friday morning after the gas supplier announced a new hedging facility had been agreed with Shell Energy.
- 02/23/2024
|
Shell's LNG trading makes $2.4 bln in final 2023 quarter, sources say
- Nearly a third of Shell's profit in the fourth quarter of 2023 came from the $2.4 billion it made in trading liquefied natural gas (LNG) as it captured strong demand ahead of winter, three sources close to the company told Reuters.
- 02/23/2024
|
Shell sees rising value in German biomethane market
- Shell expects growth in German biomethane markets where its client base seeks decarbonised energy and its fossil fuels activities could be transformed to support future profitability from a high-value segment, a top manager said.
- 02/20/2024
|
Shell (SHEL) Resumes Supply, Boosts Nigeria Crude Production
- Shell (SHEL) resumes the supply of crude oil to the Port Hartcourt refinery in Nigeria. Port Harcourt undergoes renovation after being shut down for several years.
- 02/16/2024
|
Gas has a key role to play in decarbonization, Shell EVP of LNG says
- Cederic Cremers, executive vice president of liquefied natural gas at Shell, discusses the energy giant's LNG Outlook for 2024, the momentum countries like China and India are having in decarbonization and what role gas plays in countries that are targeting net zero.
- 02/16/2024
|
Is Hydrogen Mobility at Crossroads After Shell's (SHEL) Strategy Shift?
- While Shell's (SHEL) move to shut hydrogen stations in California deals a blow to the passenger FCEV market, automakers' investments signal enduring interest in fuel cell tech despite the setback.
- 02/15/2024
|
Shares of automakers jump on buyback and dividend boost
- Shares of automakers led European stocks higher Thursday, after Renault sharply raised its dividend following a boost to sales and Stellantis proposed a €3 billion share buyback.
- 02/15/2024
|
Shell may drop Norway offshore wind bid on business case concerns
- Energy major Shell may yet pull out of an ongoing tender for Norway's first commercial offshore wind farm, with question marks remaining over the project's profitability, the company's country manager said.
- 02/15/2024
|
Global LNG consumption to increase by 50%, Shell forecasts
- Global demand for liquefied natural gas is on course to increase by more than 50% by 2040 as China and other Asian economies switch from more heavily polluting coal, according to a new report from Shell.
- 02/14/2024
|
Long-term US ban on new LNG export projects would have significant impact, Shell executive says
- An extended U.S. ban on new liquefied natural gas (LNG) export projects would have "quite an impact" on the fast-growing global market, a senior Shell executive said on Wednesday.
- 02/14/2024
|
Shell Sees LNG Demand Up at Least 50% by 2040
- Shell said it expected global demand for liquefied natural gas to grow beyond 2040, driven by industry in China and economic development in South and Southeast Asia.
- 02/14/2024
|
Global LNG demand seen rising more than 50% by 2040 -Shell
- Global demand for liquefied natural gas (LNG) is estimated to rise more than 50% by 2040, as China and South Asian countries use more LNG to support their economic growth, Shell said in an outlook report on Wednesday.
- 02/14/2024
|
Shell halts Iraqi chemical project amid global review
- Shell said on Tuesday it will not proceed with the Nebras petrochemical project in southern Iraq as part of its review of its operations in the sector that has seen a sharp drop in profits in recent years.
- 02/13/2024
|
Shell quits Iraqi petrochemicals plant talks, says state news agency
- Oil major Shell has withdrawn from talks on building a petrochemicals plant in the southern oil hub of Basra, Iraq's oil ministry said on Tuesday.
- 02/13/2024
|
California's Hydrogen Drive Dealt A Hammer Blow By Shell's Exit
- Rather suddenly and pretty ignominiously, if not entirely unexpectedly, global energy giant Shell (LON: SHEL) has called time on fueling hydrogen passenger cars in California, the only U.S. state where the fuel is widely available for realistic mid-to-long distance driving ranges.
- 02/11/2024
|
3 Doomed Energy Stocks to Dump Before They Dive: February 2024
- The energy market remains volatile, especially the trade in crude oil. After running up to $120 a barrel in 2022 after Russia invaded Ukraine, the price of Brent crude oil, the international standard, and West Texas Intermediate (WTI) crude, the U.S. benchmark, fell about 10% in 2023 during a difficult year.
- 02/09/2024
|
Shell (SHEL) Commits to the Development of Iseni Gas Field
- Shell (SHEL) invests in the development of a gas facility in Nigeria to supply gas from the Iseni field to the Dangote Fertiliser and Petroleum Plant for ten years.
- 02/09/2024
|
3 Hydrogen Stocks to Buy for the Next Bull Run: February 2024
- Hydrogen stocks are capturing the spotlight, heralded as a game-changer in the green energy sector. The enthusiasm is palpable, with industry titans like Bank of America forecasting an $11 trillion market potential.
- 02/09/2024
|
TotalEnergies looks to exit Nigerian onshore oil, following Shell
- French energy giant TotalEnergies is seeking to sell its minority share in a major Nigerian onshore oil joint venture, following Shell's divestment last month, CEO Patrick Pouyanne said.
- 02/08/2024
|
Pension fund sells BP and Shell stake over weak green push
- A pension fund managing more than £200 billion sold all its stakes in BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) as it believes the oil and gas giants aren't reducing emissions fast enough.
- 02/08/2024
|
Dutch fund leading climate talks with Shell quits most oil investments
- A Dutch pension fund leading climate talks with Shell has divested its holdings in Europe's top oil and gas companies, saying they are not moving fast enough to reduce emissions.
- 02/08/2024
|
Shell and BP's shareholder schism on green targets wider than ever
- Shareholder returns among the oil majors are back in the spotlight. By Jefferies' estimations, Shell is projected to buy back up to 50% of the company by 2030- that's £80 billion at current prices.
- 02/07/2024
|
J Mintzmyer On Red Sea Disruptions And 2 Key Shipping Segments
- J Mintzmyer discusses the shipping sector, disruptions in the Red Sea, and investment opportunities. Tankers and containerships are the most impacted sectors, with rates surging and potential for a multi-year supercycle.
- 02/06/2024
|
Shell can hand back £80bn over next six years, predicts Jefferies
- Shell can buy back 50% of its shares by 2030 or around £80bn-worth at the current price, analysts at Jefferies were predicting today. “On our numbers, by 2030 Shell will be able to repurchase close to 50% of the shares outstanding, bring DPS (dividend per share) back to 94% of pre-2020 levels while reducing gearing to 6%.
- 02/06/2024
|
5 Oil & Gas Stocks That Recently Announced Dividend Hikes
- CVX, WMB, MGY, HPK and SHEL are five energy companies that have pledged to raise their quarterly dividend payouts.
- 02/06/2024
|
Shell to keep going with buybacks at this share price, according to Barclays
- Shell's management believes buybacks are an obvious move with the share price so low, Barclays said after attending an analyst sit down with the oil group's chief executive and CFO. Other takeaways were that the focus will be on improvements from within, with the first objective being to build the credibility of the management team.
- 02/05/2024
|
Shell agrees to develop Nigeria gas field for Dangote fertiliser
- Shell Plc has made a final investment decision to build a gas supply facility in Nigeria to feed a fertiliser plant owned by Africa's richest man Aliko Dangote, the company said in a statement.
- 02/05/2024
|
Deltic Energy boosted as Shell signs up rig contractor for summer drilling
- Deltic Energy PLC (AIM:DELT) has confirmed a significant step forward with exploration and appraisal project in the Southern North Sea, with Shell securing a rig contract for two wells. Contractor Valaris has been signed up for the drilling of the Selene exploration well and the Pensacola appraisal well.
- 02/05/2024
|
Shell plc (SHEL) Q4 2023 Earnings Call Transcript
- Shell plc (SHEL) Q4 2023 Earnings Call Transcript
- 02/01/2024
|
Shell Announces $3.5 Billion Share Buyback, Better-Than-Expected Profit
- Energy giant Shell (SHEL) on Thursday reported a 2023 profit of $28 billion, down almost 30% from the previous year, but said it will raise its dividend and hand back $3.5 billion to shareholders.
- 02/01/2024
|
Shell hikes dividend as gas trading business boosts bottom line amid turn away from renewables
- Shell on Thursday hiked its dividend and vowed to buy back another $3.5 billion worth of its own shares after the company posted a less-than-expected drop in its adjusted earnings, in the face of falling commodity prices worldwide.
- 02/01/2024
|
Shell Stock Rises as Earnings Set High Bar for Exxon and Chevron
- Shell returned $23 billion to shareholders last year, said it was raising its dividend, and would continue its share buyback program.
- 02/01/2024
|
Shell CEO: We are pleased with the energy firm's progress in 2023
- Shell CEO Wael Sawan says he is pleased with the energy major's progress in 2023, but recognizes that “that there is more to go."
- 02/01/2024
|
Shell Wants to Keep Rewarding Shareholders, CEO Sawan Says
- Shell CEO Wael Sawan discusses shareholder payouts, oil prices and the outlook for liquefied natural gas supply and demand. He speaks with Bloomberg's Tom Mackenzie after the firm announced adjusted net income for the three months ended Dec. 31 of $7.31 billion, beating analyst estimates.
- 02/01/2024
|
Shell makes $3.5bn buy-back while lower profit tops City hopes
- Shell PLC (LSE:SHEL, NYSE:SHEL) on Thursday launched a $3.5 billion share buyback, and boosted the dividend 4%, despite reporting a big drop in fourth quarter profit. The FTSE 100-listed oil and gas producer said fourth quarter adjusted earnings were $7.31 billion, up from $6.22 billion from the third quarter, but down from $9.81 billion the year prior.
- 02/01/2024
|
Shell's 2023 profit falls 30% to $28 billion, dividend boosted
- Shell on Thursday reported a 2023 profit of $28 billion, down 30% from the previous year's record as oil and gas prices cooled, still allowing the firm to increase its dividend by 4% and extend its share repurchases.
- 02/01/2024
|
Oil giant Shell posts full-year profit beat, announces $3.5 billion share buyback
- British oil giant Shell on Thursday beat expectations for full-year profit and announced a $3.5 billion share buyback program of $3.5 billion.
- 02/01/2024
|
3 Popular Brands at Risk of ‘Red Sea' Shortages or Price Hikes
- Recent Red Sea diversions triggered a prolonged energy market impact. Despite U.S. and ally strikes on Houthi rebels, experts predict a months-long crisis causing a cargo container shortage.
- 01/31/2024
|
Shell's (SHEL) Wesseling Site Shifts Focus to Base Oils
- Shell's (SHEL) strategic shift transforms the Wesseling site into a cutting-edge base oil plant, aligning with its sustainability goals and positively impacting the European Union's demand.
- 01/29/2024
|
Nigeria oil enters unclear new era after Shell's onshore asset sale
- Shell's exit from Nigeria's onshore oil sector highlights risks oil majors face in Africa's biggest exporter but has raised hopes that local firms could reverse the output decline from the Niger Delta, industry officials and analysts said.
- 01/29/2024
|
3 Integrated Majors Leading the Energy Transition Race
- There are abundant opportunities for energy companies with a footprint in oil and gas resources and the renewable energy space. Three such companies are BP, Shell (SHEL) and Eni (E).
- 01/26/2024
|
Shell (SHEL) Q4 Earnings Coming Up: Here's What to Expect
- While Shell (SHEL) is optimistic about its integrated gas trading and production segments, it cautions that the chemicals and products segment is expected to report an adjusted earnings loss in Q4.
- 01/25/2024
|
Shell starting to 'sprint' under new leadership, says Barclays
- Barclays thinks while Shell's “first sprint” under the new leadership appears to be going well with an increased focus on competitiveness, discipline and costs, there is also more to do to close the performance gap. It believes two assets, Prelude LNG and the Pennsylvania cracker, could account for a c$3 billion earnings gap on its estimates.
- 01/23/2024
|
How Is the Red Sea Conflict Affecting the Oil Industry?
- Houthi attacks create waves of uncertainty in Red Sea shipping, prompting major companies to reassess routes and security measures. An unpredictable situation raises market concerns.
- 01/23/2024
|
Here's Why Shell (SHEL) Gained But Lagged the Market Today
- In the closing of the recent trading day, Shell (SHEL) stood at $61.18, denoting a +0.11% change from the preceding trading day.
- 01/22/2024
|
Shell (SHEL) Starts Job Cuts in a Push to Boost Performance
- Shell (SHEL) starts trimming its workforce to enhance operational efficiency and drive performance.
- 01/22/2024
|
Just How Safe Is Exxon Mobil Stock's Dividend?
- A key component of income investing is a portfolio that includes safe dividends, those that are unlikely to shrink or disappear.
- 01/21/2024
|
Nigeria's oil spills agency investigating Shell pipeline leak report
- A pipeline owned by Shell's subsidiary in Nigeria has spilled crude oil in the Niger Delta following a leak, the country's spills agency and an environmental group said on Saturday.
- 01/20/2024
|
Shell's (SHEL) Appeal Against Climate Ruling to Begin in April
- Shell (SHEL) gears up for an appeal hearing, slated for April, against a Dutch court ruling to reduce carbon emissions by 45% based on the 2019 level.
- 01/19/2024
|
Scirocco Energy confirms cash boost as Shell makes final Corallian payment
- Scirocco Energy PLC (AIM:SCIR) told investors it expects to receive a third and final payment, of £91,666, for its minor equity holding in Corallian Energy which was bought by Shell from Reabold Resources. It follows previous payments of £67,000 and £108,333, representing 80p and £1.30 per Corallian share respectively, and would mean that Scirocco will see a total per share return of £3.20 from its holding in Corallian.
- 01/19/2024
|
Reabold Resources set for final cash payment from Shell deal
- Reabold Resources PLC (AIM:RBD) is set for another cash boost, with Shell giving the AIM-quoted company notice of its final payment under the Victory asset sale. The final payment is for £4.4 million, which follows the £8.3 million of sale proceeds paid by Shell to date.
- 01/18/2024
|
Shell (SHEL) Registers a Bigger Fall Than the Market: Important Facts to Note
- Shell (SHEL) concluded the recent trading session at $61.04, signifying a -1.17% move from its prior day's close.
- 01/17/2024
|
Energy stocks are still attractive despite crude oil pressures, says top analyst Paul Sankey
- Paul Sankey, Sankey Research, joins 'Fast Money' to talk the energy sector, pressure on crude oil prices, where to invest in the space and more.
- 01/17/2024
|
Shell's Q4 Update & Sunoco's $1B Sale Lead the Oil & Gas Stock Roundup
- SHEL, SUN, E, TRP and VAL emerge as the energy headline makers during the week.
- 01/17/2024
|
Shell approves plan to develop North Sea gas field
- Shell has given the financial go-ahead for the development of the Victory gas field in the British North Sea, the latest development aimed at boosting the energy giant's production in the ageing basin.
- 01/17/2024
|
Shell downgraded as low-carbon transition lags behind peers
- Shell PLC (LSE:SHEL, NYSE:SHEL) has been downgraded by equity analysts at investment bank UBS, who predict it will take longer for the oil company to transition to low-carbon energy than its peers. UBS has downgraded its rating for the oil company from ‘buy' to ‘neutral', explaining that its low-carbon strategy will take years to have an impact.
- 01/17/2024
|
Shell (SHEL) Exits Nigeria's Onshore Oil Assets for $2.4B
- Shell (SHEL) reveals its plan to sell a Nigerian oil subsidiary for up to $2.4B, addressing historical challenges, boosting finances and realigning strategy toward deepwater and gas.
- 01/17/2024
|
Shell suspends all Red Sea shipments indefinitely amid Houthi attacks from Yemen: report
- British oil company Shell reportedly suspended shipments in the Red Sea amid Houthi attacks against commercial vessels and U.S.-led strikes in Yemen.
- 01/16/2024
|
Shell (SHEL) Investors Demand Aggressive Emission Reduction
- A coalition of 27 major investors unites with the activist group Follow This to challenge Shell's (SHEL) climate strategy, pushing for a credible Scope 3 emissions target.
- 01/16/2024
|
- Shell in Nigeria
- Shell pioneered Nigeria's oil and gas industry and remains a major investor in the West African country even after exiting its onshore operations. But over the decades the British company has come under fire over spills in the Delta region and struggles with oil theft, corruption and oil-fuelled violence.
- 01/16/2024
|
Shell offloads Nigeria onshore subsidiary, SPDC
- Shell PLC (LSE:SHEL, NYSE:SHEL) has struck a deal to sell its onshore business in Nigeria, SPDC, for $1.3 billion, plus additional cash payments of up to $1.1 billion. The oil and gas giant said the division has been acquired by a consortium called Renaissance, which includes oil firms ND Western, Aradel Energy, First E&P, Watersmith and Petrolin.
- 01/16/2024
|
Shell rebellion over climate target
- Shell PLC (LSE:SHEL, NYSE:SHEL) has shareholder rebellion on its hands which is different from the run-of-the-mill investor insurrection, which tends to focus on directors' pay and excessive bonuses. Holders of around 5% of the Anglo-Dutch oil giant's equity have teamed want to hold it to the 2015 Paris emissions agreement.
- 01/16/2024
|
Another Great Quarter And Year For LNG Shippers
- Another Great Quarter And Year For LNG Shippers
- 01/15/2024
|
SHEL Stock Forecast: Is It Time to Buy, Sell or Hold Shell?
- Oil and gas giant Shell (NYSE: SHEL ) has held up better than its bigger rivals over the past year. Its shares rose 8% compared to a 10% decline by Exxon Mobil (NYSE: XOM ) and a 17% drop by Chevron (NYSE: CVX ).
- 01/14/2024
|
Shell most expensive forecourt brand for petrol and diesel
- Shell PLC (LSE:SHEL, NYSE:SHEL)-branded forecourts are the most expensive in the UK for both petrol and diesel, according to latest data published by the RAC Foundation. Shell sites currently charge 142.6p per litre for petrol on average across 724 polled stations, with diel coming to 151.2p per litre.
- 01/12/2024
|
A Single Ukrainian Cluster Shell Swept A Whole Russian Assault Group Off The Tanks It Was Riding On
- A Russian assault group learned the hard way what the U.S. Army knew decades ago. It's dangerous for infantry to ride into battle on top of tanks.
- 01/11/2024
|
Shell: Lower Oil Prices Hurt, But Shares Still A Bargain With A High Yield
- I see Shell plc shares as undervalued despite weaker oil prices, with high free cash flow and potential for further upside. The high-yield company is engaged in various activities related to oil and natural gas, chemicals, power generation, renewable resources, and other businesses in over 135 countries. The company's outlook looks strong, particularly if there is an uptick in oil prices, but there are risks such as weakness in its Chemicals segment and the global macroeconomy.
- 01/11/2024
|
Shell (SHEL) Inks 20-Year Purchase Deal With Ksi Lisims LNG
- Shell (SHEL) secures 2M metric tons/year LNG deal with Ksi Lisims in a proposed Canadian project, aiming to meet Asia's rising natural gas demand.
- 01/09/2024
|
This is How U.S. Emerged as the Top LNG Exporter in 2023
- SHEL, CVX, LNG, KMI and ET are going to benefit from the increasing global demand for liquefied natural gas.
- 01/09/2024
|
This Dow Jones Stock Just Slashed Its Dividend By 48%. Here's Why It Could Benefit Investors
- Walgreens' dividend was unsustainable. There are cases of companies cutting the dividend and benefiting over time.
- 01/09/2024
|
Shell perks up as oil price rallies and City bulls make case
- Shell has perked up 0.9% today, after Monday's fall, with much of the movement dictated by a rally in the oil price. The price of Brent has rallied around 2.8% to $78.19/barrel after being as much as 4% lower on Monday after the Saudi price cuts.
- 01/09/2024
|
Shell (SHEL) Stock Dips While Market Gains: Key Facts
- Shell (SHEL) closed the most recent trading day at $64.62, moving -1.69% from the previous trading session.
- 01/08/2024
|
7 Blue-Chip Stocks to Snap Up at Can't-Miss Prices
- With the overall surge in the broader equity indices last year, you might think that cheap blue-chip stocks would be difficult to find. To be sure, it ain't easy.
- 01/08/2024
|
Shell's (SHEL) Appeal in Pollution Case Gets Top Court Nod
- Shell's (SHEL) Nigerian subsidiary wins Supreme Court appeal, unlocking potential asset sales after a pollution case setback. Ongoing legal challenges persist.
- 01/08/2024
|
Shell flags quarterly impairment charges of up to $4.5 bln
- Shell on Monday flagged impairment charges of about $2.5 billion to $4.5 billion for the fourth quarter, mainly related to the Singapore refining and chemicals hub the oil major is looking to sell.
- 01/08/2024
|
Shell sees significant lift to gas trading, dip in chemicals
- Shell PLC (LSE:SHEL, NYSE:SHEL) expects to report a "significantly" improved fourth quarter performance from gas trading but a downturn in chemicals. The FTSE 100-listed oil major forecast production of 880 to 920 kboe/d in its integrated gas division and said trading and optimisation is expected to be significantly" higher than the third quarter due to seasonality and increased optimisation opportunities.
- 01/08/2024
|
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
- Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
- 01/03/2024
|
Shell (SHEL) Resumes LNG Loading From Prelude Facility
- Shell (SHEL) resumes liquefied natural gas (LNG) cargo loading from the Prelude facility after major maintenance work, signaling a successful turnaround for offshore Australian FLNG production.
- 01/02/2024
|
Shell (SHEL) & QatarEnergy Ink a Major Five-Year Crude Oil Pact
- Shell (SHEL) and QatarEnergy sign a significant five-year crude oil supply deal, fortifying their global energy partnership.
- 12/29/2023
|
Shell Strengthens Strategic Ties With Qatar Via 5-Year Oil Supply Deal
- Energy major Shell (LON: SHEL) has strengthened its strategic ties with the hydrocarbon rich state of Qatar via a 5-year crude oil supply deal, hot on the heels of a 27-year liquefied natural gas (LNG) agreement.
- 12/29/2023
|
Shell and QatarEnergy ink 18 million-barrel-a-year deal
- State-owned oil company QatarEnergy has agreed to supply up to 18 million barrels each year of Qatar Land and Qatar Marine crude oils to Shell PLC (LSE:SHEL, NYSE:SHEL), starting in January. QatarEnergy said in a press release it had made the agreement with Shell International Eastern Trading Company.
- 12/28/2023
|
Shell (SHEL) Secures Natural Gas Production License in Venezuela
- Shell (SHEL) and Trinidad and Tobago's National Gas Company secure a 30-year license for the Dragon project, boosting economic prospects and LNG production.
- 12/27/2023
|
Shell, Trinidad, Venezuela To Exploit Dragon Gas Field
- On December 21st, the Venezuelan government signed a license for Shell plc and Trinidad and Tobago's National Gas Company (NGC) to operate and exploit the Dragon gas field.
- 12/22/2023
|
Shell (SHEL) Initiates Further Job Cuts in Cost-Cutting Effort
- Shell (SHEL) implements a leaner organizational structure, offering options amid division-by-division job cuts, per the CEO's cost-trimming plans.
- 12/22/2023
|
Shell cuts more staff than planned in low-carbon wing
- Shell PLC (LSE:SHEL, NYSE:SHEL) has reportedly made further job cuts within its low-carbon division outside of previously announced reductions. Staff have been offered redundancy packages or opportunities to apply for other jobs within the company, according to a Bloomberg-cited source.
- 12/22/2023
|
Chill Brands' Chill ZERO vapes heading to Shell, BP and Esso stores
- Chill Brands Group PLC (LSE:CHLL, OTCQB:CHBRF) has received a “substantial initial purchase order” for its Chill ZERO nicotine-free vapour products from a prominent UK petrol station operator trading under major brands including Shell, Esso and BP. Following the sale, Chill ZERO products will launch into 265 of the operator's forecourt convenience stores during in the first quarter of 2024.
- 12/22/2023
|
BP and Shell join in largest oil auction since 2015
- An auction for drilling rights in the Gulf of Mexico, spearheaded by the Biden administration, has successfully concluded, generating US$382 million in revenues. Oil firms such as Shell PLC (LSE:SHEL, NYSE:SHEL), Hess Corp. (NYSE:HES), BP PLC (LSE:BP.
- 12/21/2023
|
Oil companies offer $382 million for drilling rights in Gulf of Mexico in last offshore sale before 2025
- WASHINGTON — Oil companies offered $382 million for drilling rights in the Gulf of Mexico on Wednesday after courts rejected the Biden administration's plans to scale back the sale to protect an endangered whale species.
- 12/20/2023
|
Shell's (SHEL) Subsidiary Announces FID for Sparta Development
- Shell's (SHEL) 15th deep-water development project in the Gulf of Mexico, Sparta, is scheduled to commence production in 2028.
- 12/20/2023
|
Loncor provides estimates for significant quantities of mineralised material below established pit shell at Adumbi gold project
- Loncor Gold Inc has estimated that the exploration target below the US$1,600 per ounce pit shell at the Adumbi projet in the DRC is in a range of between 8.9mln tonnes to 9.6mln tonnes of material grading between 4.7 grams per tonne gold and 4.9 grams. "Between 2020 and November 2021 the relatively high-grade resource at Loncor's Adumbi deposit surged from 1.36mln ounces to 3.66mln ounces of gold, with 1.88mln ounces being converted from inferred into indicated at a conversion rate of 95%,” said Loncor's chief executive John Barker.
- 12/19/2023
|
Shell (SHEL) Resumes FLNG Operations Amid Gas Demand Surge
- Shell's (SHEL) Prelude FLNG, the world's largest offshore platform, resumes LNG production offshore Australia, strategically aligning with peak winter demand and showcasing the company's power of adaptability.
- 12/19/2023
|
Octopus Energy raises US$800 million after becoming largest UK supplier
- Octopus Energy has announced an US$800 million (£630 million) funraise, which it says will help to create 3,000 jobs in the UK next year. Existing shareholders participated in the raise, which valued the eight year-old energy company at US$7.8bn, Octopus said in a statement.
- 12/19/2023
|
'RUSSIAN OLIGARCHS': $24 million transferred into Biden shell companies, GOP rep says
- Rep. Mike Lawler, R-N.Y., discusses whether Biden's impeachment inquiry will rally the Democrat base on 'Cavuto: Coast to Coast.
- 12/15/2023
|
Shell (SHEL) Laps the Stock Market: Here's Why
- Shell (SHEL) reachead $65.49 at the closing of the latest trading day, reflecting a +1.98% change compared to its last close.
- 12/14/2023
|
Shell to boost production at Perdido's oil project in US Gulf of Mexico
- Shell PLC on Tuesday said it has made a final investment decision (FID) to boost production at the Perdido oil project in the U.S. Gulf of Mexico, starting in April 2025.
- 12/12/2023
|
Insight: How cybercriminals are using Wyoming shell companies for global hacks
- Somali reporter Abdalle Ahmed Mumin was doubly distressed when he heard that a colleague had been abducted by masked gunmen at the University of Mogadishu on the morning of Aug. 17.
- 12/12/2023
|
Shell (SHEL) Laps the Stock Market: Here's Why
- Shell (SHEL) reachead $64.14 at the closing of the latest trading day, reflecting a +1.38% change compared to its last close.
- 12/08/2023
|
Shell (SHEL) Plans Two-Well Drilling Campaign in the North Sea
- Shell's (SHEL) 2024 North Sea drilling targets Selene and Pensacola, showcasing its commitment to European energy security and innovation.
- 12/08/2023
|
Oil firms made ‘excess profits' over and above inflation, says IPPR
- Shell PLC (LSE:SHEL, NYSE:SHEL), Exxon Mobil Corporation (NYSE:XOM) and Glencore PLC (LSE:GLEN) are among the big corporations accused of raking in profits over and above the rate of inflation in the aftermath of Russia's war on Ukraine. A new report by the Institute for Public Policy Research has accused corporates of making ‘excess profits', which in turn drove inflation higher.
- 12/08/2023
|
Shell sees $6 billion oil, gas investments in Nigeria, presidency says
- Shell Plc sees a $5 billion offshore oil investment opportunity in Nigeria and pledged to spend a further $1 billion in five to 10 years to boost natural gas output for domestic supplies and exports, a presidential spokesperson said on Thursday, citing Shell's director of upstream operations.
- 12/07/2023
|
Exclusive: CNOOC, Vitol among those shortlisted for Shell Singapore assets, sources say
- Shell has shortlisted at least four companies including state-run China National Offshore Oil Corp (CNOOC) and top global energy trader Vitol as bidders for its Singapore refinery assets, sources with knowledge of the matter said.
- 12/06/2023
|
Shell (SHEL) Completes Sale of Its U.K. & German Retail Business
- Shell's (SHEL) subsidiary completes the sale of Shell Energy Retail in the U.K. and Germany to Octopus Energy.
- 12/05/2023
|
Reabold Resources cash boosted as Shell makes Victory payment
- Reabold Resources PLC (AIM:RBD) has received a £5.2 million cash boost, as Shell makes a milestone payment under its November 2022 acquisition deal for Corallian Energy. A year ago Reabold received £3.2 million in upfront cash, followed by today's £5.2 million and a further contingent £4.4 million payment will be due upon the NSTA granting development approval for the Victory gas field – Reabold expects this “within the coming months”.
- 12/05/2023
|
Motorists overcharged £5 for each full tank suggests RAC
- Motorists are still being overcharged for petrol and diesel despite warnings to the industry from the government, according to the RAC. The lobby group says that recent falls in wholesale petrol and diesel prices and also a 5p per litre reduction in fuel duty are not being passed through at the forecourt.
- 12/04/2023
|
Trinidad's Atlantic LNG restructuring to shrink Shell's stake, boost BP's -sources
- Shell's ownership in Trinidad and Tobago's Atlantic LNG facility will shrink, while BP and Trinidad's state-owned National Gas Co [RIC:RIC:NGCTT.UL] will increase their stakes in a restructuring agreement to be signed this week, according to three people familiar with the matter.
- 12/04/2023
|
Here are 3 Integrated Majors Leading the Energy Transition Race
- There are abundant opportunities for energy companies with a footprint in oil and gas resources and the renewable energy space. Three such companies are BP, Shell (SHEL) and Eni (E).
- 12/01/2023
|
Shell (SHEL) Permits McDermott to Work on Manatee Gas Field
- Shell (SHEL) allows McDermott to kickstart Manatee gas field development, a pivotal move for Trinidad and Tobago's energy landscape.
- 11/30/2023
|
Shell authorizes engineering, construction work on Manatee gas field
- Shell PLC has authorized contractor McDermott International Ltd to start engineering work on its Manatee gas field development project off Trinidad and Tobago's east coast, the contractor disclosed on Tuesday.
- 11/28/2023
|
Shell's (SHEL) Prelude LNG Facility to Restart in December
- Shell's (SHEL) Prelude LNG facility, nearing the completion of extensive maintenance, is poised for a strategic comeback, aiding the global LNG market.
- 11/28/2023
|
Former NBCUniversal chief Jeff Shell in talks to join private equity firm RedBird
- Former NBCUniversal Chief Executive Jeff Shell is in talks to join private equity firm RedBird Capital Partners, among others, he confirmed to Reuters on Monday.
- 11/27/2023
|
Shell (SHEL) Faces Human Rights Claims in UK Over Oil Pollution
- Shell (SHEL) faces human rights claims in the UK filed by thousands of Nigerian villagers over chronic oil pollution that has devastated their communities.
- 11/27/2023
|
Shell's Prelude LNG facility expected to resume exports next month
- Shell has almost finished extensive maintenance at its Prelude liquefied natural gas (LNG) facility off Australia and is set to resume exports next month, according to industry sources and shipping data.
- 11/27/2023
|
Shell and BP may need US$945 billion to become net zero energy major
- Shell PLC (LSE:SHEL, NYSE:SHEL) or BP PLC (LSE:BP.) may have to spend US$35 billion every year until 2050 if it wants to remain a ‘major' energy company.
- 11/23/2023
|
High Court approves Nigeria class action against Shell
- The UK High Court has ruled that Nigerian fishermen can pursue landmark human rights claims against Shell PLC (LSE:SHEL, NYSE:SHEL) relating to the alleged breach of the right to a clean environment under Nigerian constitutional law. Following the court's decision, 13,000 fishermen from the Ogale and Bille communities in the Niger Delta are one step closer to proceeding with the lawsuit, which is being handled by Leigh Day.
- 11/23/2023
|
Shell (SHEL) Discovers Natural Gas in the Mediterranean Sea
- Shell's (SHEL) natural gas discovery in the Mediterranean Sea enhances Egypt's energy landscape, which is in sync with the company's ambitious growth plans.
- 11/22/2023
|
Shell (SHEL) Picks Subsea 7 for Retiring Brazilian Project
- Shell (SHEL) partners with Subsea 7 for FPSO Fluminense decommissioning, showcasing its commitment to eco-friendly practices in the offshore oil and gas industry.
- 11/21/2023
|
Shell (SHEL) Settles $1.1 Billion Corruption Case in Nigeria
- Shell (SHEL) and Nigeria settle an oilfield corruption case, concluding a decade-long legal battle over the OPL 245 oilfield deal.
- 11/20/2023
|
OPEC mulling further oil production cuts - reports
- Oil prices edged up on Monday on reports that major oil-producing nations could deepen existing cuts to supply. The Organization of the Petroleum Exporting Countries (OPEC) is poised to discuss cuts over and above daily reductions already in place when it meets on Sunday, November 26, according to Reuters sources.
- 11/20/2023
|
Exclusive: Venezuela close to approving offshore gas license with Trinidad, Shell
- Venezuela is close to approving a license for Shell and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country, two people close to the matter said.
- 11/20/2023
|
Shell (SHEL) Goes After Greenpeace, Claims $2.1M in Damages
- Shell (SHEL) reportedly offered to reduce the damage claim to $1.4 million if Greenpeace agreed not to protest at any of its oil and gas infrastructure globally.
- 11/16/2023
|
BP Requests US and EU Help in Venture Global LNG Dispute
- The European energy groups, including BP and Shell, are actively pursuing measures to compel Venture Global LNG to fulfill the terms of the contracted cargo or face financial penalties.
- 11/15/2023
|
Why oil majors Shell and BP are combining solar energy and agricultural production
- Oil giants BP and Shell are investing in an emerging industry called agrivoltaics, which combines solar energy generation with agricultural activities.
- 11/14/2023
|
Energy looks to dominate markets with 3 oil and gas stocks
- They say that you should take analyst projections and ratings with a grain of salt and that the actual language of the market is read through valuation ratios and price action. You could follow this logic, but as often does, it will probably lead you down a rabbit hole of ideas and wasted brain power.
- 11/13/2023
|
BP, Edison, Shell ask US, EU to intervene in Venture Global LNG dispute
- BP , Edison and Shell pressed a U.S.-EU energy group to intervene in a dispute with liquefied natural gas exporter Venture Global LNG over the U.S. firm's failure to deliver contract supplies of the fuel.
- 11/11/2023
|
Strategic Portfolio Allocation With Risk/Reward Optimization: A Deep Dive Into My Dividend Portfolio
- In today's article, I will show you the current allocation of the 20 largest positions of my personal investment portfolio. I will demonstrate that the portfolio is relatively concentrated, with 5 positions accounting for 50.79% of the overall investment portfolio. I will explain in greater detail why the elevated risk level of this concentrated portfolio still aligns with my risk-tolerance.
- 11/11/2023
|
Shell Sues Greenpeace For $2 Million After Protest On Moving Oil Platform — The Latest Clash Between The Two
- Shell has sued the climate activism organization Greenpeace for $2.1 million after a handful of its protestors occupied a moving oil vessel for 13 days earlier this year.
- 11/09/2023
|
Shell sues Greenpeace over oil platform protest
- Shell PLC (LSE:SHEL, NYSE:SHEL) has filed a lawsuit against Greenpeace UK and Greenpeace International, seeking to stop the environmental organisation from protesting at its offshore and onshore facilities around the world. The company is demanding US$8.6 million in damages and an injunction from the High Court in London.
- 11/09/2023
|
Shell sues Greenpeace for $2.1 million after protests in the North Sea
- Oil giant Shell is suing Greenpeace for $2.1 million after activists boarded a ship transporting a platform to the North Sea in January.
- 11/09/2023
|
Shell sues Greenpeace for $2.1 million after boarding oil vessel
- Shell is suing Greenpeace for $2.1 million in damages after the environmental group's activists boarded the company's oil production vessel in transit at sea this year, according to Greenpeace and a document seen by Reuters.
- 11/09/2023
|
The 3 Best Oil Stocks for Income Investors to Buy Now
- Two things have become apparent regarding oil stocks. First, they have become incredibly cheap this year as share prices have retreated and given up much of the gains recorded in 2022.
- 11/07/2023
|
Ceres Power electrolyser is producing hydrogen ahead of shipping to Shell R&D centre
- Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) said its first-of-a-kind solid oxide electrolysis (SOEC) demonstrator is producing hydrogen and will be ready in coming weeks to be sent to Shell's R&D centre in India. The 1MW-scale SOEC demonstrator, which has been assembled at a site in Germany operated by partner AVL, is reported to be producing hydrogen at less than 40 kWh per kilogram.
- 11/07/2023
|
The Third Quarter Showed The Hidden Power Of LNG Shippers
- The LNG shipping sector strengthened in Q3, gaining 1.74% while the S&P 500 index lost 2.52%. UPI outperformed SPX with bigger gains and lower volatility. Japan's "K" line had double-digit returns in both Q2 and Q3, while Excelerate Energy experienced a decline.
- 11/06/2023
|
What To Make Of BP And Shell Dividends Following Latest Results?
- Both BP (LON: BP) and Shell (LON: SHEL) appear to be focused on enhanced shareholder returns over the near-term. So what should investors expect as 2024 approaches?
- 11/03/2023
|
The Importance of Brand Power: 3 Stocks to Consider
- Brand power is real. The brand that consumers associate with a company is quantifiable and something valued.
- 11/03/2023
|
Safestyle is now a cash shell on AIM
- Safestyle UK PLC (AIM:SFE) is now trading as a cash shell on the AIM market of the London Stock Exchange, according to a statement lodged on the bourse. The retailer and manufacturer of PVCu replacement windows and doors said on Friday that the listing of the business had fundamentally changed since appointing administrators in late October.
- 11/03/2023
|
Shell plans to drill two more wells offshore Namibia -CEO
- Shell plans to drill two more wells in Namibia over the next 6 to 9 months with the energy giant citing "encouraging data" for the possible development of a new oil basin in the southern African country, CEO Wael Sawan said on Thursday.
- 11/02/2023
|
Shell exits US SouthCoast wind farm contract, agrees to pay penalty
- Shell's finance chief said on Thursday the firm had exited a power purchase agreement (PPA) for the planned SouthCoast windfarm off the coast of Massachusetts, agreeing to pay a penalty rather than face rising costs for building the project.
- 11/02/2023
|
Shell launches $3.5 billion share buyback plan as buoyant oil prices bolster profits
- Shares in Shell PLC jumped 2% on Thursday after the U.K. oil group said it would buy back another $3.5 billion worth of its own shares from shareholders using third-quarter profits that were boosted by higher oil and chemicals prices.
- 11/02/2023
|
Shell Accelerates Pace of Share Buybacks as 3Q Profit Rises
- Shell Plc announced total buybacks of $6.5 billion in the second half as third-quarter profit rose on a combination of higher energy prices, strong gas trading and wider refining margins. Laura Hurst reports on Bloomberg Television.
- 11/02/2023
|
Shell Posts Solid Earnings. It Sees a Rise In Oil Output.
- The energy company reported earnings of $6.2 billion for the third quarter, up from $5.1 billion in the previous three months. It also said it would buy back $3.5 billion of shares in the fourth quarter.
- 11/02/2023
|
Shell hikes returns with another $3.5bn buyback despite fall in profits
- Shell PLC (LSE:SHEL, NYSE:SHEL) stepped up its share buyback programme with an extra US$3.5 billion payout and unveiled another $2.2 billion in quarterly dividends as third quarter profits fell year-on-year in line with expectations. The oil supermajor reported adjusted earnings of US$6.2 billion for the quarter ending 30 September, down 34% from a year earlier but up 23% on the second quarter of this year.
- 11/02/2023
|
Shell posts $6.2 billion third-quarter profit, announces $3.5 billion share buyback
- The oil giant announced a $3.5 billion share buyback to be carried out over the next three months.
- 11/02/2023
|
Shell reports $6.2 bln third-quarter profit, increases buybacks
- Shell on Thursday reported third-quarter earnings of $6.2 billion, in line with expectations, on higher refining margins and strong liquefied natural gas (LNG) trading.
- 11/02/2023
|
Exclusive: China's CNOOC, two chemical firms looking at Shell Singapore assets - sources
- At least three Chinese companies including state giant China National Offshore Oil Company (CNOOC) are evaluating Shell's Singapore assets and considering non-binding bids in coming weeks for the city-state's oldest refinery, according to several sources familiar with the matter.
- 10/31/2023
|
Shell gets largest share of new North Sea licences
- A further 27 North Sea licences awards were announced today as Rishi Sunak's retreat from the climate goals championed by his predecessors continued. Shell was awarded the most licences under this part of the 33rd round of North Sea licensing with Norwegian group Equinor, DNO, Aker BP, Ithaca, TotalEnergies and BP also picking up acreage.
- 10/30/2023
|
Shell's upward march tipped to continue with third quarter update
- Shell's new boss Wael Sawan has already endeared himself to City folk by showing he cares a lot less for the greening process started by his processor. Instead, it's back to oil and gas exploration and production basics with the reward thus far of a record high for the share price and fury from environmentalists.
- 10/27/2023
|
Shell cuts continue in low-carbon wing
- Shell PLC (LSE:SHEL, NYSE:SHEL) is poised to lay off hundreds of staff in its low-carbon wing as part of cuts being implemented by new chief executive Wael Sawan. Some 200 roles in the oil giant's roughly 1,300-strong low-carbon solutions team are set to face the axe, with a further 130 being put under review.
- 10/26/2023
|
SHEL or FUPBY: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Oil and Gas - Integrated - International sector might want to consider either Shell (SHEL) or Fuchs Petrolub SE Unsponsored ADR (FUPBY). But which of these two companies is the best option for those looking for undervalued stocks?
- 10/25/2023
|
Shell will cut 200 jobs in its low-carbon division
- Shell is planning to cut 200 jobs in 2024, in a move to downsize its low-carbon energy solutions unit.
- 10/25/2023
|
Exclusive: Shell cuts low carbon jobs, scales back hydrogen in CEO overhaul -sources
- Shell will cut around 15% of its low-carbon division workforce and scale back its hydrogen business as part of CEO Wael Sawan's drive to boost profits, the company told Reuters on Wednesday.
- 10/25/2023
|
As the BP and Shell share prices surge, are they still good buys?
- Shell (LON: SHEL) share price has surged to a record high, helped by the soaring crude oil price. The stock reached a high of 2,800p in London this month.
- 10/24/2023
|
What Makes Shell (SHEL) a Strong Momentum Stock: Buy Now?
- Does Shell (SHEL) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 10/20/2023
|
Shell cuts contractors as part of 'ruthless' cull
- Shell has let go hundreds of contractors in a bid to streamline its operations and save costs, according to a report today. Scores of contracts, mainly in IT, are being cancelled or not renewed, the Standard reported, with the cull extending to only permanent staff now being allowed to attend work social events.
- 10/20/2023
|
Shell, Total: European oil buybacks have hit $31bn this year; this is why there'll be more
- In the world of Big Oil, a significant transformation is unfolding. As major oil companies prepare to release their quarterly reports, a trend is becoming clear: share buybacks, not earnings, are becoming the primary driver of share prices, according to the latest research from Bank of America.
- 10/20/2023
|
BP and Shell still City favourites despite climate brickbats
- BP and Shell might be the bane of environmental protestors, but, in the City, the oil and gas duo can do no wrong currently. Two heavyweight brokers this week upgraded their forecasts for the duo, with a big chunk of the upgrade related to their shift (or not) towards greener fuels.
- 10/19/2023
|
Why the Market Dipped But Shell (SHEL) Gained Today
- Shell (SHEL) concluded the recent trading session at $68.49, signifying a +0.01% move from its prior day's close.
- 10/18/2023
|
Shell to complete maintenance at Prelude LNG by mid-November, sources say
- Shell is expected to complete maintenance at its flagship Prelude liquefied natural gas (LNG) facility off Australia by mid-November, two sources close to the project told Reuters on Wednesday.
- 10/18/2023
|
Energy stocks tipped as Israel/Hamas fighting keeps oil prices 'higher for longer'
- Oil and energy stocks are expected to see extended support from Middle East geopolitics, according to investment bank strategists, with Barclays saying the "geopolitical risk premium [is] unlikely to go away quickly". JPMorgan global quant and derivatives strategists said they believe geopolitical tension in the Middle East "will continue to keep prices of oil and by extension oil & gas stocks underpinned”.
- 10/18/2023
|
Shell (SHEL) Calls Off EPCI Deal for Project in Singapore
- Shell (SHEL) terminates a vital EPCI contract with Sapura Energy in Singapore's pipeline project, raising questions about its future.
- 10/18/2023
|
Shell and Qatar strike 27-year gas deal
- Shell has struck a deal with Qatar that will see the Gulf state supply gas to the Netherlands for the next 27 years. Agreements for its North Field gas project will see Qatar supply 3.5m tonnes of gas a year.
- 10/18/2023
|
Shell's court battle over S.Africa energy exploration delayed -lawyer
- A court case over whether to allow Shell to explore for oil and gas off South Africa's pristine Wild Coast has been delayed until next year, a lawyer for environmentalists said on Wednesday.
- 10/18/2023
|
QatarEnergy, Shell agree 27-year LNG supply
- Qatar has further expanded its long-term gas supply to Europe, reaching a supply deal with the Netherlands to provide 3.5 million metric tons of liquefied natural gas (LNG) a year for 27 years.
- 10/18/2023
|
Shell calls Energy Transfer reliable, supports LNG license application
- Shell PLC has submitted a letter to the U.S. Energy Department in support of Energy Transfer's request for a new license to export liquefied natural gas (LNG) to countries without free trade agreements with the U.S., saying the pipeline operator is a reliable gas supplier.
- 10/17/2023
|
7 Hidden Gems That Are Headed Towards All-Time Highs
- As the third-quarter earnings season gets underway, the market remains volatile and unpredictable. With war breaking out in the Middle East and bond yields remaining elevated, equities have been gyrating lately.
- 10/17/2023
|
Shell hits all-time high as Gaza fears boost crude price
- Shell shares hit a record high today on fears that an Israeli invasion of Gaza City could send crude prices soaring. Shares in the Anglo-Dutch giant hit 2,763p today, valuing it at around £182 billion, or twice as much as its UK rival BP, with its shares having risen by a quarter since June when new chief executive Wael Sawan dropped plans to cut production.
- 10/16/2023
|
Shell (SHEL), C3 AI Partner to Advance Predictive Maintenance
- Shell (SHEL) and C3 AI come together for AI-driven predictive maintenance, transforming industry standards with enhanced reliability, cost savings, efficiency and safety.
- 10/16/2023
|
Here's why Blue Line's Bill Baruch bought Shell and AMD
- Bill Baruch, Blue Line Capital founder, joins 'Halftime Report' to discuss rising energy markets today, tips for trading oil names, and AMD's software catching up with Nvidia.
- 10/13/2023
|
SLB Signs Deal to Provide Digital Subsurface Workflow Solutions
- The expansion of SLB's multi-platform strategy to encompass AWS underscores the platform's openness.
- 10/13/2023
|
Shell (SHEL) Stock Falls Amid Market Uptick: What Investors Need to Know
- Shell (SHEL) closed the most recent trading day at $66.35, moving -0.2% from the previous trading session.
- 10/11/2023
|
Shell (SHEL) Rises Higher Than Market: Key Facts
- Shell (SHEL) closed at $66.48 in the latest trading session, marking a +0.54% move from the prior day.
- 10/10/2023
|
Shell plc: Integrated Gas Expected To Drop In Q3 2023
- Shell plc reported a 47.4% decrease in adjusted earnings per ADS in Q2 2023 compared to the previous quarter. Revenues for Shell plc were down 26.3% in Q2 2023 compared to the same quarter last year. On October 6, 2023, Shell released its Q3 2023 outlook. Integrated Gas segment will be weaker sequentially while Upstream production increases slightly.
- 10/10/2023
|
What Did Shell (SHEL) Reveal in Its Update Pre Q3 Earnings?
- Per Shell (SHEL), third-quarter LNG liquefaction volumes are expected to go down around 5.2% sequentially but marketing sales volumes are scheduled to improve.
- 10/09/2023
|
These Oil Stocks Reign Supreme Over Their Rivals
- Exxon and TotalEneriges stand out for their peer-leading ROICs. They're earning higher investment returns than rivals.
- 10/08/2023
|
Shell Raises Its Q3 Guidance on Higher Energy Prices, LNG Demand
- British energy giant Shell PLC (SHEL) raised its Q3 earnings guidance on better-than-expected natural gas and chemicals trading volumes, probably due to surging oil and gas prices. Muted energy prices, dragged on the company's financials in the first half of the year.
- 10/06/2023
|
3 Energy Stocks Ready to Electrify Your Gains in 2024
- While still above the low for the year, crude oil prices continue to swing wildly. A little more than a week ago, crude prices were nearly $95 a barrel.
- 10/06/2023
|
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 10/06/2023
|
Shell expects natural gas profits to bounce back
- Energy giant Shell on Friday said it expects to see earnings from its natural gas business to rebound in the third quarter following a disappointing set of results in the second quarter.
- 10/06/2023
|
Shell reports improved earnings from gas trading in third quarter
- Shell PLC (LSE:SHEL, NYSE:SHEL) said its earnings from gas trading rebounded in the third quarter from the dip seen in the previous three-month period. In a statement the oil major said while production of liquid natural gas was affected by scheduled maintenance, trading and optimization performed better than it did from March to June.
- 10/06/2023
|
Shell (SHEL), Emirates Agree to SAF Supply at Dubai Airport
- Shell (SHEL) and Emirates join forces to lead the way in sustainable aviation with more than 300,000 gallons of SAF supply at DXB hub.
- 10/05/2023
|
UN report calls for end to oil & gas exploration this decade
- A UN report has called for fossil fuel exploration to cease globally by 2030. In the UN synthesis report published yesterday, part of the 'stocktake' to review global climate progress every five years, placed significant emphasis on the urgent need to reduce global greenhouse gas emissions.
- 10/05/2023
|
Shell (SHEL) Launches Renewable Diesel at 75 LA Stations
- Shell (SHEL) offers low-carbon renewable diesel at 75 Los Angeles stations that will help reduce emissions, improve air quality and support sustainability.
- 10/04/2023
|
Petrol ‘overpriced' as retailers clutch on to higher margins - RAC
- Petrol had become “overpriced” across Britain's forecourts come the end of September as retailers clung on to higher margins following growth in wholesale fuel costs, RAC reports. According to an analysis by the auto servicing company, the average petrol price of 157.01p per litre at the end of September was 7p more than needed based on wholesale prices.
- 10/04/2023
|
Opec head warns of energy crunch due to' underinvestment'
- Oil prices are not going to fall soon according to the head of producers cartel Opec despite predictions that demand for fossil fuels will peak this decade. Haitham Al Ghais, OPEC's secretary-general, warned that demand will continue to rise and that investment in the oil and gas sector of at least US$12 trillion is required to avoid an energy crunch in 2045.
- 10/03/2023
|
Oil price heading for 20% fall predicts Citi
- Crude oil prices to slump to as low as US$70 a barrel next year due to sluggish demand and as “peak transport fuel demand” looms, according to US bank Citigroup. Prices have been rising steadily (to US$92 currently) since the middle of the year as key producers Saudi Arabia and Russia have cut production.
- 10/02/2023
|
It is an 'incredibly complex transition,' Shell CEO says
- Shell CEO Wael Sawan talks about the company's "Powering Progress" net-zero strategy.
- 10/02/2023
|
Shell CEO says there is no change in company's strategy
- Shell has no plans to change direction in the oil major's strategy, Chief Executive Officer Wael Sawan told the ADIPEC energy conference in Abu Dhabi on Monday.
- 10/02/2023
|
Energy transition: It's the best of times and the worst of times, Shell CEO says
- Wael Sawan, Shell CEO, says "we're nowhere close where we need to be but
- 10/02/2023
|
Redwood Bank to list via a reverse merger with cash shell
- City financier Jonathan Rowland is planning to take Redwood Bank public through a reverse takeover of R8 Capital Investments, according to Sky News. The deal is expected to be announced on Monday and aims to secure approximately £20 million in new capital for the group's future growth, the report stated.
- 10/02/2023
|
Shell: Strong Cash Flow, Share Buybacks, Bullish Price Momentum Into Q4
- WTI had its best quarterly advance since Q1 2022, driven by a rising US dollar and higher interest rates. Energy sector stocks, including Shell, led the way last quarter. Shell has a low valuation, strong dividend, and robust momentum, making it an attractive investment.
- 10/01/2023
|
Ad spending for obesity, diabetes drugs is soaring this year, as drugmakers shell out nearly $500 million
- The data demonstrates the rush by companies to capture new customers after months of hype around Novo Nordisk's Ozempic and Wegovy.
- 09/29/2023
|
A Closer Look At Roundhill's Ground-Breaking ETF Tracking LNG
- The Roundhill Alerian LNG ETF's holdings include Cheniere Energy (LNG), NextDecade Corporation (NEXT) and Shell plc (SHEL).
- 09/27/2023
|
Shell (SHEL) in Talks to Sell Its Refinery Stake to Unimot
- Shell (SHEL) is in discussions to sell its 37.5% stake in Germany's PCK Schwedt refinery to Polish company Unimot, as part of its strategic shift toward renewable energy and upstream business.
- 09/27/2023
|
Exclusive: Shell CEO comes under pressure from within on renewables shift
- Shell CEO Wael Sawan has come under pressure over his strategy from within the energy company after two employees issued a rare open letter urging him not to scale back investments in renewable energy, sparking an internal debate.
- 09/27/2023
|
Exclusive: Poland's Unimot in talks to buy Shell's stake in German Schwedt refinery -sources
- Poland's Unimot has emerged as one of the possible buyers of a 37.5% stake oil major Shell owns in Germany's PCK Schwedt refinery, two people familiar with the matter said.
- 09/25/2023
|
Oil will hit triple digits if OPEC sustains cuts and demand holds up: BofA Securities' Blanch
- Francisco Blanch, global head of commodity & derivatives strategy at BofA Securities, and John Kilduff, Again Capital founding partner, join 'Squawk on the Street' to discuss the rising oil prices and their impact on the market.
- 09/25/2023
|
Shell (SHEL) Seeks Partners for Renewable Assets in India
- Shell (SHEL) plans to leverage Sprng Energy to expand its renewable portfolio in India while seeking strategic partnerships for sustainable growth.
- 09/25/2023
|
7 Value Stocks That Should Be on Every Investor's Radar This Fall
- As the year began, institutional investors fled growth stocks to the relative safety of value stocks. In the second quarter, some of that money moved back to growth stocks.
- 09/24/2023
|
JPMorgan warns of a continued surge in oil prices to $150
- Oil prices will continue to surge not just in the near term but over the next two to three years, says Christyan Malek. He's the Global Head of Energy Strategy at JPMorgan.
- 09/23/2023
|
Shell and Trinidad's National Gas Company sign new supply agreement
- Shell PLC on Friday signed an agreement to supply Trinidad and Tobago's National Gas Company (NGC) with natural gas through 2036, including from the yet-to-be developed Manatee offshore field, according to the state gas company.
- 09/22/2023
|
BP, Shell to Explore 3 Trinidad and Tobago Deepwater Blocks
- BP and Shell revise their initial bids to incorporate the drilling of at least three deepwater wells as part of a proposed work program, as well as acquiring 3D seismic data for the unexplored acreage.
- 09/22/2023
|
Shell's (SHEL) Pernis Plant Gas Leak Threatens Diesel Supply
- Shell's (SHEL) Pernis refinery gas leak disrupts diesel supply, impacting Europe's energy landscape and fuel prices amid ongoing challenges.
- 09/22/2023
|
Pay For Higher Gas Prices With These Oil Dividends
- Oil prices have steadily climbed over the past few months, resulting in higher gasoline prices for consumers. Three energy companies are highlighted as beneficiaries of higher oil prices. Their dividends can help offset the cost of expensive gasoline. Buying shares in these energy companies can serve as a hedge against high oil prices and their dividends can assist consumers in paying for more expensive fuel.
- 09/22/2023
|
BP, Shell near agreement with Trinidad to explore deepwater blocks
- A BP Plc and Shell Plc consortium is near to striking an agreement with Trinidad and Tobago to explore three deepwater blocks in the Caribbean country, the companies said.
- 09/21/2023
|
Shell (SHEL) Opens World's Largest EV Charging Station in China
- Shell (SHEL) launches the world's largest EV charging station in China with 258 charging points and solar panels with 300,000 KWh capacity, as part of a joint venture with BYD.
- 09/21/2023
|
How the Fed Finally Cracked Wall Street's Shell of Disbelief
- Stocks fell sharply on Wednesday afternoon. The Federal Reserve kept interest rates unchanged at its September meeting.
- 09/20/2023
|
California Goes After Oil Supermajors in Climate Lawsuit
- The likes of Chevron (CVX), Shell (SHEL) and ExxonMobil (XOM) have responded by arguing that climate policy should be a matter of congressional debate, not courtroom litigation.
- 09/20/2023
|
3 Energy Companies Set to Capitalize on North Sea Boom
- The North Sea oil and gas industry's resurgence presents opportunities for energy companies like SHEL, EQNR and HBRIY, with increased investments, production and new discoveries.
- 09/20/2023
|
7 Safe and Steady Dividend Stocks to Buy for Volatile Time
- Navigating the unpredictable waters of today's market, safe dividend stocks emerge as a beacon of reliability. Despite an optimistic kickoff this year, the broader market sentiment has chilled.
- 09/19/2023
|
Shell opens its largest EV charging station globally in China
- Shell said it has opened its largest electric vehicle (EV) charging station worldwide in Shenzhen, China.
- 09/19/2023
|
California sues Chevron, Exxon, Shell, others for public deception on climate change
- The state claims that big oil companies have intentionally covered up their role in exacerbating climate change since at least the 1970s.
- 09/18/2023
|
BP, Exxon, Shell, Chevron sued by California for decades of lies
- Exxon, BP, Shell, ConocoPhillips (NYSE:COP) and Chevron are being sued by the State of California, which claims they have lied for decades about the extent of the damage likely to be caused by using oil and gas. A civil suit filed in the state Superior Court in San Francisco wants the companies to pay into a fund to repair damage caused by wildfires and storms that have recently ravaged the region.
- 09/18/2023
|
Shell (SHEL) Awards an Offshore Contract to Nauticus Robotics
- Shell (SHEL) awards a contract to Nauticus Robotics for offshore services, covering inspections on a Shell subsea field development in the Gulf of Mexico.
- 09/18/2023
|
California Sues 5 Oil Giants: Here Are The Biggest Numbers Behind The Explosive Lawsuit
- California Attorney General Rob Bonta accuses several oil companies of lying to the public “to further their record-breaking profits.”
- 09/16/2023
|
California goes to war with oil and gas giants over climate change 'deception'
- The state of California has filed a lawsuit against major oil and gas companies, alleging the fossil fuel industry has lied about the harms of climate change for decades.
- 09/16/2023
|
Shell says Australian unit hit by MOVEit data breach
- Shell Plc said on Friday that it has identified a cyber security incident involving some employees who worked with the company's unit BG Group in Australia, before the merger, becoming the latest victim of the MOVEit hack.
- 09/14/2023
|
Shell greenlights development of Trinidad's Manatee offshore gas field
- Shell PLC has given financial approval for the development of the massive Manatee gas field offshore Trinidad and Tobago, the country's Prime Minister Keith Rowley said on Thursday.
- 09/14/2023
|
Nauticus Robotics stock rises on Shell tie-up in Gulf of Mexico
- Nauticus Robotics (NASDAQ:KITT) was up sharply on Thursday as it unveiled a new partnership with Shell PLC (LSE:SHEL, NYSE:SHEL), which will use the NASDAQ-listed firm's marine technology and AI systems to maintain its offshore installations. The automated robot systems will start by inspecting some of Shell's subsea infrastructure in the Gulf of Mexico.
- 09/14/2023
|
Shell (SHEL) to Boost Production Despite Macroeconomic Challenges
- Shell (SHEL) aims to boost oil production in Argentina's Vaca Muerta shale by 5,000 barrels per day (bpd) to reach 50,000 bpd by the end of 2023 despite macroeconomic challenges.
- 09/14/2023
|
Coco Gauff was asked if she'll use her $3 million US Open winnings to pay off debt. Here's what she said.
- That was newly minted US Open champion Coco Gauff on an Instagram Live stream this week talking about what she plans to do with her tournament winnings.
- 09/13/2023
|
Shell's 4.12% Dividend Yield: An Attractive Feature for Investors
- Shell plc NYSE: SHEL recently cleared price resistance above $63.69, trending higher in heavier-than-normal volume as the broader energy sector moves higher.
- 09/13/2023
|
Shell plans to boost oil production in Argentina despite price restrictions -executive
- Shell plans to increase its oil production by 5,000 barrels per day (bpd) in Argentina's Vaca Muerta shale formation to 50,000 bpd by the end of the year despite limitations on investment, its chief executive said on Tuesday.
- 09/12/2023
|
Ithaca Energy acquires Shell's stake in UK Cambo field
- Ithaca Energy agreed to acquire Shell's 30% stake to take full control of the undeveloped Cambo oil and gas field in the West of Shetland region of the British North Sea, the smaller oil producer said on Tuesday.
- 09/12/2023
|
Ithaca Energy takes full control of North Sea gas field in deal with Shell
- Ithaca Energy PLC (LSE:ITH) said it plans to acquire the remaining 30% stake in Cambo from Shell PLC (LSE:SHEL, NYSE:SHEL), subject to regulatory approval. The acquisition will give Ithaca Energy full control over Cambo, the second-largest undeveloped oil and gas discovery in the UK North Sea.
- 09/12/2023
|
Shell (SHEL) Opts for Quicker Prelude FLNG Facility Fix
- Shell's (SHEL) Prelude FLNG facility opts for shorter maintenance to meet rising gas demand, balancing operational hurdles in the evolving LNG industry.
- 09/11/2023
|
The 3 Best Energy Stocks to Buy Now: September 2023
- Here we go again. Crude oil prices are once again marching higher after Saudi Arabia and Russia extended their voluntary production cuts to the end of this year.
- 09/08/2023
|
Pelosi says she'll seek re-election to House seat in 2024
- WASHINGTON (AP) — Former House Speaker Nancy Pelosi said Friday she will run for reelection to another term in Congress as Democrats work to win back the majority in 2024.
- 09/08/2023
|
Shell (SHEL) Signs Solar PPA With HANSAINVEST Real Assets
- Shell (SHEL) secures 600MW solar capacity in Germany through a 15-year power purchase agreement with HANSAINVEST Real Assets at Witznitz Energy Park.
- 09/08/2023
|
Shell: Cheap Oil Major With High Capital Returns
- We are drawn by Shell's strong project pipeline, leadership in LNG, disciplined investment framework, cheap relative valuation, and capital returns. Q2 results were below consensus estimates, but factors leading to the miss are temporary. Shell's Capital Markets Day announcements and focus on value creation reinforced our positive outlook on the company.
- 09/08/2023
|
Billionaires in Florida shell out as much as $622K per year in home insurance
- Residents of Star Island, Miami's most expensive enclave, are paying six-figure home insurance costs to the tune of $622,000. Some homeowners are paying insurance costs that are as much as 800% higher than last year.
- 09/07/2023
|
Shell (SHEL) Eyes New LNG Projects to Meet Rising Demand
- Shell (SHEL) is considering multiple liquefied natural gas export projects in North America and Africa due to the anticipated strong demand for this fuel during the ongoing energy transition.
- 09/07/2023
|
Shell to sell German energy storage firm Sonnen -Handelsblatt
- British oil and gas giant Shell plans to put German solar storage system manufacturer Sonnen up for sale, German business daily Handelsblatt reported on Thursday, citing finance sources.
- 09/07/2023
|
Did Venture Global LNG Break Contracts With Shell, Edison, And BP?
- Has Venture Global LNG sold cargoes on the spot market rather than deliver them to Shell, Edison, and BP as required by offtake contracts.
- 09/06/2023
|
Exclusive: Shell ditched major works on giant LNG facility in favour of quick fix -sources
- Shell considered shutting its flagship Prelude liquefied natural gas facility off Australia for a year to fix issues that have plagued its operations, but instead opted for shorter maintenance period to allow it to capture strong gas demand, three industry sources said.
- 09/06/2023
|
Petrol prices to keep rising prompting warnings on inflation
- Prolonged cuts to oil production by the likes of Saudi Arabia means drivers could well be yet to face the worst of rising petrol and diesel prices. Despite recent price movements among the most rapid monthly hikes since 2000, motor group RAC warned the worst could be yet to come.
- 09/06/2023
|
GASTECH: LNG prices are much lower now but are still high on historical basis-Shell exec
- Global liquefied natural gas (LNG) prices have reduced significantly but are still high on a historical basis which is resulting in demand destruction, particularly in Asia, a senior executive of Shell said on Wednesday.
- 09/06/2023
|
US energy companies are likely short-term winners from carbon capture and storage, broker says
- US energy companies are the best placed to accelerate carbon capture and storage (CCS) projects in the short-term, according to analysts at RBC, though they note that funding in Europe and the UK is proving much slower to come through. Analysts from RBC Capital Markets compared the outlook for CO2 storage in the US and Europe, and highlighted the differences in permitting, availability, and incentives for CCS projects.
- 09/05/2023
|
Shell (SHEL) to Sell Its U.K. & Germany Business to Octopus Energy
- Shell (SHEL) plans to sell its home energy business in the U.K. and Germany to energy giant Octopus Energy, while also exploring a potential partnership on EV charging.
- 09/05/2023
|
GASTECH-Shell exec accuses Venture Global of 'deceitful actions' over contracts
- U.S. liquefied natural gas (LNG) developer Venture Global LNG was accused of "deceitful actions" by Shell Executive Vice President Steve Hill on Tuesday, who said failing to meet contracts was "damaging and dangerous to the industry".
- 09/05/2023
|
Exclusive: Shell, Trinidad weigh Venezuela's natural gas investment demands
- Shell and Trinidad and Tobago's National Gas Company (NGC) are close to agreeing to credit Venezuela's state-run oil firm for its $1 billion investment in a gas field the three want to jointly develop, four people close to the discussions said.
- 09/05/2023
|
Shell (SHEL) Ventures Invests in Value Group for CCUS
- Shell (SHEL) Ventures joins forces with Value Group to develop and commercialize carbon capture technology for the maritime sector, aiming for net-zero emissions by 2050.
- 09/04/2023
|
3 Oil Companies to Gain From Renewable Energy Investment
- There are abundant opportunities for energy companies with a footprint in oil and gas resources and the renewable energy space. Three such companies are Shell (SHEL), Eni (E) and Enbridge (ENB).
- 09/01/2023
|
Shell (SHEL) Withdraws Its $100 Million Carbon Offset Plan
- Shell (SHEL) suspends its $100 million yearly carbon credit plan, reshaping climate strategy under CEO Wael Sawan's leadership.
- 09/01/2023
|
Octopus Energy ramps up customer base with Shell Energy purchase
- Octopus Energy Group has bought Shell PLC (LSE:SHEL, NYSE:SHEL)'s household energy supply business in the UK and Germany, taking on two million new home energy and broadband customers, it said in a statement. The deal takes Octopus to nearly 6.5 million household customers in the UK, while its customer base in Germany will grow to almost 300,000.
- 09/01/2023
|
Shell's Namibia exploration well fails to discover oil and gas
- Shell's Cullinan-1X exploration well offshore Namibia did not make a commercial oil and gas discovery, the company said on Thursday.
- 08/31/2023
|
Shell (SHEL) Signs LOI With Seatrium for Sparta Project
- Shell (SHEL) and Seatrium sign a letter of intent to provide construction services for the Sparta project in the Gulf of Mexico.
- 08/30/2023
|
Shell (SHEL) Starts Gas Production at Timi Field in Malaysia
- Shell plc (SHEL) announces that its Malaysian subsidiary achieved its first gas production at the Timi platform.
- 08/29/2023
|
Shell's (SHEL) Bukom Oil Refinery May Be Sold to Sinopec
- Shell (SHEL) and China's Sinopec are currently in talks for the sale of Shell's Bukom oil refinery in Singapore.
- 08/28/2023
|
Sinopec says not interested in acquiring Shell's Singapore refinery, petchem plant
- China's Sinopec Corp is not interested in acquiring Shell's refinery or petrochemical plant in Singapore, Sinopec President Yu Baocai said on Monday.
- 08/28/2023
|
Octopus in the running for Shell Energy Retail says Sky
- Octopus Energy is in detailed talks to buy Shell PLC's household energy customer base - a deal that would edge the company closer to challenging British Gas as the UK's biggest domestic gas and electricity supplier, according to Sky. Sky said Octopus Energy, run by Greg Jackson, has emerged as the frontrunner to acquire Shell Energy Retail although other parties remain in the frame to buy the business.
- 08/25/2023
|
Shell (SHEL) Investigates Potential Oil Pipeline Leakage
- Shell's (SHEL) Trans Niger oil pipeline, a major export route for Nigeria's oil, is under investigation for a potential leak on Aug 18.
- 08/24/2023
|
The Refinery Sector May Be Poised For Pullback
- Refiners, companies that process energy commodities, have quietly outperformed the stock market this year. Bank of America downgraded the refinery sector, citing a shift in the risk-reward dynamic and unfavorable seasonal trends. The deteriorating Chinese economy and pullback in crude oil prices have contributed to declining confidence in the global economy and the refiners' outlook.
- 08/24/2023
|
U.K. Dividend Stocks Portfolio Review: Summer 2023
- The UK Dividend Stocks Portfolio invests exclusively in dividend-paying FTSE All-Share stocks. Short-term returns can be extremely misleading because they are driven by the emotional ups and downs of short-term investors rather than the real-world progress of the underlying companies. Over the ten years to the end of July, the UK Dividend Stocks Portfolio produced a total return of 76.8%.
- 08/23/2023
|
Shell and BP blasted again by Greenpeace over greenwashing
- A Greenpeace-commissioned study has accused twelve major oil firms, including Shell and BP, of greenwashing by exaggerating their renewable energy efforts. The research scrutinised the 2022 annual reports of the companies, evaluating their renewable electricity generation against their oil and gas production.
- 08/23/2023
|
Exclusive: Shell taps Goldman Sachs to explore Singapore refinery sale -sources
- Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a potential deal, said several sources close to the matter.
- 08/23/2023
|
Shell warns of gas price vulnerability on Australian strikes
- Shell PLC (LSE:SHEL, NYSE:SHEL) has pointed out that there could be short-term rises in the price of wholesale gas if Australian terminal workers opt to go on strike. Workers at major Chevron Corporation (NYSE:CVX) and Woodside Energy Group Ltd (ASX:WDS, LSE:WDS, OTC:WOPEF)-operated liquified natural gas sites have threatened strikes in recent weeks in a bid to secure better pay and conditions.
- 08/23/2023
|
Orcadian Energy shares spike 16% after Shell repayment respite
- Shares in Orcadian Energy PLC surged 16% following the announcement that its subsidiary has amended its repayment date with Shell International Trading and Shipping Company. The $1m loan, initially set for repayment on 23 August, has been extended to 13 September 2023.
- 08/23/2023
|
Australia strikes may impact short-term LNG prices -Shell
- Global gas prices could rise in the short term if strikes at Australia's liquefied natural gas (LNG) plants take place, but markets are well balanced now with inventory levels keeping high in North Asia and Europe, a Shell executive said on Wednesday.
- 08/23/2023
|
'Fragile Five' oil producers will have more oil in market than demand, says Citi's Edward Morse
- Ed Morse, Citi Research head of global commodities, joins 'Power Lunch' to discuss Morse's thoughts on the supply and demand picture for crude oil, why Morse isn't more concerned with the crude oil picture and much more.
- 08/22/2023
|
Shell (SHEL), Pemex May Face Penalty for Texas Plant Fire
- Fire at Shell's (SHEL) Texas facility in May allegedly caused air and water pollution, violating state laws and attracting more than $1 million in fines for the damages.
- 08/22/2023
|
Shell (SHEL) Accepts Final Bids for U.K. North Sea Gas Assets
- Shell (SHEL) selects Perenco SA, Ithaca Energy and Viaro Energy as the final three bidders for its southern North Sea gas fields, potentially worth $600-$800 million.
- 08/22/2023
|
Shell Nigeria investigates possible Trans Niger oil pipeline leak
- Shell Plc's local unit is investigating a possible leak on its Trans Niger oil pipeline that traverses Bodo community in Nigeria's River state following an Aug. 18 report, a spokesperson said on Monday.
- 08/21/2023
|
Falling energy prices re-spark debate over fixed tariffs
- An anticipated fall in Ofgem's energy price cap has once again sparked debate over fixing bills and whether the more competitive tariffs leave customers better off in the long run. Since wholesale prices have subsided in recent months, offers of fixed deals have made their way back onto the market.
- 08/21/2023
|
Deltic Energy up 4.5% after Shell begins site survey
- Shares of Deltic Energy PLC (AIM:DELT) rose by 4.5% in early trading after it announced that Shell UK has initiated site survey works for the Selene exploration well. Shell, which is the licence operator, has sent a geophysical site survey vessel to collect high-resolution 2D seismic data over the intended well site.
- 08/21/2023
|
Deltic Energy says Shell has begun site survey work for North Sea well
- Deltic Energy PLC (AIM:DELT), an AIM-listed natural resources investor with a portfolio centred on the Southern and Central North Sea, said licence operator Shell UK has started site survey works for the Selene exploration well. The oil giant has dispatched a geophysical site survey vessel to gather high-resolution 2D seismic data over the proposed well site.
- 08/21/2023
|
3 Sorry Energy Stocks to Sell in August Before It's Too Late
- The energy market is currently difficult to read, but finding energy stocks to sell is not challenging. On the one hand, investment banks are signaling that oil prices will increase for the remainder of 2023.
- 08/20/2023
|
Shell, Pemex face fines for Texas chemical plant fire in May
- Shell Plc and Pemex each could face more than $1 million in fines over a Deer Park, Texas, chemical plant fire in May under a lawsuit filed by the state's attorney general.
- 08/17/2023
|
Shell plc: A Buy For Multiple Reasons
- Energy sector has offered consistent income and solid total returns, with oil prices remaining high despite US rate hikes and growth slowdown. Shell plc has underperformed peers and broader indexes, but is now a buy with a clear turnaround plan, potential reduction in windfall profit tax, and undervalued stock. Shell's new CEO plans to focus on profitability and increase oil production, while also investing in lower carbon projects. The company has raised dividends and committed to buybacks.
- 08/16/2023
|
Oil demand hits record on China and air travel recovery
- Oil demand climbed to a record monthly high in June thanks to China's ongoing post-pandemic recovery and a boom in global aviation. Demand climbed to some 103 million barrels a day during the month, the International Energy Agency said in a report, with August poised to provide another peak.
- 08/15/2023
|
Texas Sues Shell Over Massive Fire at Houston Chemical Plant
- State officials allege that the multiday blaze caused ‘mass quantities' of airborne contaminants and illegal flows of wastewater into waterways.
- 08/13/2023
|
Analysis: Indonesia's gas ambition faces investor test with Shell, Chevron exits
- Indonesia hopes the recent exit of global giants Shell and Chevron from two long-delayed natural gas projects will jumpstart their development, as it races to more than double gas production by 2030.
- 08/10/2023
|
Shell (SHEL) Launches Fast EV Chargers at 3 Singapore Stations
- Shell (SHEL) introduces its fastest publicly available EV chargers at three service stations in Singapore. The idea is to assist the country in meeting its sustainable energy goals.
- 08/10/2023
|
DIVI: A Promising New ETF In An Old Shell
- Franklin International Core Dividend Tilt Index ETF holds about 500 dividend stocks from developed countries. It was reshuffled in August 2022, older data are irrelevant to the current strategy. The portfolio is well-diversified across countries, sectors and holdings.
- 08/06/2023
|
Wood Group awarded new project services contract by Shell
- Shell PLC (LSE:SHEL, NYSE:SHEL) has awarded Wood Group (John) PLC with a three-year contract to continue providing engineering and management expertise for its projects. Building on an already 70-year partnership, the enterprise framework agreement will see Wood support Shell's greenfield and brownfield projects across the world.
- 08/02/2023
|
Sell Alert: 3 Energy Stocks to Dump ASAP
- Although crude oil had a strong run in July and is now trading back above $80 a barrel, the price has been largely trending lower since peaking at $122 per barrel in June 2022 after Russia invaded Ukraine. The decline is starting to show up in energy companies' earnings.
- 08/01/2023
|
Shell (SHEL) to Divest Western Assets for Empire Deal Approval
- Shell (SHEL) has agreed to sell some western assets in order to advance its $100-million gas station buyout deal with Empire Co. Ltd.
- 08/01/2023
|
Labour government would keep new North Sea licences despite oil pledge
- A Labour government would not rid any oil and gas companies of new drilling licences promised on Monday by prime minister Rishi Sunak. Despite preaching a policy of no new oil, shadow House of Commons leader Thangam Debbonaire said the party would not cancel any new licences awarded to North Sea firms under Rishi Sunak's government if it were to win the next election.
- 08/01/2023
|
Shell agrees term lease of PipeChina's LNG receiving terminals
- Shell said on Friday it has agreed to lease liquefied natural gas (LNG) receiving terminals operated by state energy infrastructure firm PipeChina under a medium- and long-term basis.
- 07/28/2023
|
Cashing in on recruitment: Families shell out thousands for sorority rush coaching
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
- 07/27/2023
|
Shell's Profit Sinks on Oil and Gas Price Declines
- ADRs of Shell Plc dropped after the energy giant reported earnings fell by more than half, hurt by falling oil and gas prices.
- 07/27/2023
|
Wall Street Lunch: GDP Blows Past Forecasts
- Strong Q2 GDP +2.4% vs. 1.5% expected further undermines the recession narrative.
- 07/27/2023
|
Shell's Shrinking Profit Still Fills Investors' Pockets
- Earnings at Europe's biggest oil company fell 56% in its latest quarter. Energy prices would need to halve to potentially stem the flow of payouts.
- 07/27/2023
|
Centrica and Shell bumper payouts renew windfall tax calls, but shareholders 'not too bothered'
- Oil supermajor Shell PLC (LSE:SHEL, NYSE:SHEL) and British Gas owner Centrica PLC (LSE:CNA) were under pressure for "indefensible" rowing back on climate promises and profiting while families have struggled to power and heat their homes, with calls ramping up for higher windfall taxes on energy companies. While Shell reported a big fall in profits, it still generated masses of cash in order to hike its dividend and promise at least US$5.5bn of share buybacks for the six months, while fellow FTSE 100 constituent Centrica also lifted its buyback to £1bn as it swung back to profits.
- 07/27/2023
|
Shell CEO says Europe heading into next winter in 'a good place'
- Shell CEO Wael Sawan said on Thursday that Europe is heading into winter in good condition from an energy point of view with high storage levels and good renewables output, but achieving long-term energy security remained a challenge.
- 07/27/2023
|
Shell Profits Slump on Lower Energy Prices. Expect More Pain for Exxon, Chevron.
- The oil giant reported adjusted earnings of $5.07 billion in the second quarter. But when that's compared to the record $11.5 billion profit Shell posted in the year-ago period, at the height of the energy crisis, it's a steep 56% drop.
- 07/27/2023
|
Shell profits cut in half by lower oil prices
- Shell has reported a 56% drop in second-quarter profit, as oil and gas prices fell from record highs reached following Russia's full-scale invasion of Ukraine 17 months ago.
- 07/27/2023
|
Shell CEO: Focused on creating more value with fewer emissions
- Oil giant Shell CEO Wael Sawan says the company will be more disciplined with its capital.
- 07/27/2023
|
Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors
- The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic shift.
- 07/27/2023
|
Shell, TotalEnergies profits slump as oil, gas prices cool after bumper 2022
- Shell and TotalEnergies reported sharp falls in second-quarter profit from bumper 2022 earnings as oil and gas prices, refining margins and trading results all weakened.
- 07/27/2023
|
Shell launches $3 billion buyback as earnings slide to $5.1 billion
- Shell said Thursday that second-quarter earnings fell, and launched a $3 billion share buyback program.
- 07/27/2023
|
Shell Hikes Dividend, Raises Buybacks as Profit Falls
- Shell Chief Executive Officer Wael Sawan discusses second-quarter results on "Bloomberg Markets Today." --------
- 07/27/2023
|
Shell launches US$3bn share buyback despite earnings plunge
- Shell PLC (LSE:SHEL, NYSE:SHEL) is launching US$5.5bn of new share buybacks and increased its quarterly dividend 15% to US$0.33 even after earnings tumbled due to lower oil and gas prices. The oil supermajor reported second quarter post-tax profit, or income, of US$3.1bn, plunging 64% year on year, so that income for the first half more than halved to US$11.9bn.
- 07/27/2023
|
Shell Q2 profits drop to $5 bln after energy prices cool
- Shell reported on Thursday profits of $5 billion in the second quarter, dropping by 56% from a year earlier as oil and gas prices cooled after rallying on the back of Russia's invasion of Ukraine.
- 07/27/2023
|
Oil giant Shell misses expectations with $5.1 billion in second-quarter profit
- British oil giant Shell on Thursday reported a sharp year-on-year drop in second-quarter profit on weaker fossil fuel prices.
- 07/27/2023
|
Shell, BT, Centrica and Barclays results lead a busy Thursday
- Like its US counterpart, the ECB is expected to hike interest rates on Thursday, with president Christine Lagarde likely to suggest more increases are on their way. It's a FTSE 100-fest in terms of company news, led by Shell PLC (LSE:SHEL, NYSE:SHEL), which was recently tipped by one broker for having the strongest balance sheet of all the European integrated oil majors.
- 07/26/2023
|
Shell (SHEL) Wins a High Court Battle Against ClientEarth
- Shell (SHEL) receives support from the London High Court as it dismissed ClientEarth's second attempt to accuse the company of mismanaging climate risks.
- 07/25/2023
|
New North Sea oil back in court day after Shell beats activists
- Greenpeace will clash with the government in court on Tuesday over the latter's granting of new licenses for North Sea oil and gas companies. Campaigners and the North Sea Transition Authority will argue whether the UK's latest oil and gas licensing round was illegal during a judicial review in London's High Court.
- 07/25/2023
|
Pertamina, Petronas sign deal with Shell for Indonesia's Masela gas block stake
- Indonesia's Pertamina and Malaysia's Petronas signed an agreement with Shell on Tuesday to buy its 35% stake in Indonesia's giant gas project Masela.
- 07/24/2023
|
7 Blue-Chip Stocks That Are Screaming Buys Right Now: July 2023
- While it's usually the smaller enterprises that offer screaming buy opportunities for discerning speculators, sometimes even the best blue-chip stocks to buy don't get the attention they deserve. With thousands upon thousands of publicly traded securities available, it's inevitable that some ideas will slip through the cracks.
- 07/23/2023
|
Shell (SHEL) Q2 Earnings Coming Up: Here's What to Expect
- Per Shell (SHEL), second-quarter LNG liquefaction volumes are expected to go down around 1.4% sequentially, but marketing sales volumes are scheduled to improve.
- 07/21/2023
|
The Second Quarter Provided LNG Shippers With A Stable Base Of Growth
- The LNG market has stabilized, leading to a slowdown in the LNG shipping sector, with the UP World LNG Shipping Index declining 3.79% in Q2. Despite the slowdown, big investors are showing interest in the industry, with recent IPOs, merger deals, and takeovers, and investors maintaining faith in the sector's potential. The worst part of the year for LNG shippers is over, and positive expectations for the upcoming winter season could impact the UPI, potentially pushing it to cross the 155 mark in Q2.
- 07/20/2023
|
Shell offers better shareholder returns than oil major peers - broker
- Shell PLC (LSE:SHEL, NYSE:SHEL) has the strongest balance sheet of all the European integrated oil majors and warrants a ‘buy' recommendation, that's according to analysts at Berenberg, with a price target of £28.50 which sees 100p of upside from the current market price of around £27.50. “Shell released its second quarter update note on 4 July, pointing to a weaker quarter (as expected), which might be partially offset by working capital inflows,” Berenberg analyst Henry Tarr said in a note.
- 07/19/2023
|
Shell (SHEL) Halts Crude Oil Loading at Forcados Terminal
- Shell's (SHEL) subsidiary reportedly stops Nigeria's Forcados crude oil loading due to a leak at the terminal.
- 07/19/2023
|
The 3 Most Undervalued Oil Stocks to Buy Now: July 2023
- With the price of crude oil down 40% from a peak of $122 per barrel reached in June 2022, the good times look to be over for energy stocks. While the S&P 500 Energy Index is down nearly 10% this year, the broader benchmark S&P 500 index is up 18%.
- 07/18/2023
|
Shell: Juicy Yield, While Waiting For The Value Thesis To Unfold
- Shell is expected to report a 21% YoY top line contraction in Q2 2023 due to global economic weakness, despite ongoing inflationary pressures. Despite low expectations, Shell stock is considered undervalued and has outperformed the broader market, with shares up about 32% over the trailing twelve months. New CEO Wael Sawan's cost-disciplined approach could lead to margin expansion, and a resurgence in fuel demand and tightening oil markets could aid Shell's profitability.
- 07/18/2023
|
One Of Ukraine's Super-Upgraded M-55S Tanks Took A Russian Shell To The Turret—And Survived
- Incredibly, the Ukrainian M-55S tank that ate what appears to have been a Russian artillery round last week survived the blast with modest damage.
- 07/17/2023
|
Shell (SHEL) Considers Stake Sale for Renewable Operations
- Shell (SHEL) considers strategic moves for its renewable power operations, such as selling stake to external investors or establishing an independent unit.
- 07/17/2023
|
Shell share price forms a triangle as focus shifts to July 27
- Shell (LON: SHEL) share price is having a difficult year as investors watch the performance of crude oil and natural gas prices. The stock was trading at 2,320p on Monday, a few points below last week's high of 2,370p.
- 07/17/2023
|
Pakistan Refinery Limited, Air Link look to buy Shell Pakistan stake
- Pakistan Refinery Limited and Air Link Communication are seeking to buy a stake in Shell Pakistan , the companies said in a notice to the stock exchange (PSX).
- 07/17/2023
|
Shell: Could Be Identity Crisis, But I Can't Buy This
- Shell's new strategy, presented by CEO Wael Sawan, aims to increase shareholder returns and production while reducing investment in renewables. The strategy is seen as a return to the old normal and a revival of consensus-based decision-making, but it does not adequately prepare the company for the future. Despite increased returns to shareholders, the strategy does not address reasons for the company's undervaluation, suggesting the share price will revert to the mean once the initial joy of increased returns subsides.
- 07/16/2023
|
WeWork, Carl's Jr., Unilever and Shell among companies slammed by Yale over operations in Russia
- WeWork Inc., Carl's Jr., Unilever PLC, and Shell PLC are among around 400 Western companies slammed by Yale over their continuing presence in Russia, despite a major retreat from the country by more than 1,000 multinationals.
- 07/14/2023
|
Shell to supply Morocco with LNG in 12-year deal
- Shell will supply Morocco with an annual 0.5 billion cubic metres (bcm) of liquefied natural gas (LNG) under a 12-year deal, the North African country's energy ministry said on Friday.
- 07/14/2023
|
Shell (SHEL) Makes Fourth Oil Discovery Offshore Namibia
- Shell (SHEL) announces its fourth oil discovery offshore Namibia after successful drilling, which confirms hydrocarbon presence.
- 07/14/2023
|
Shell's rumoured renewables sale could fetch less than US$4 billion - broker
- Shell PLC (LSE:SHEL, NYSE:SHEL) is likely to drum up US$4 billion or less if it sells its renewable power business, that's according to an analyst at Citi. A report from Bloomberg on Thursday claimed the oil an gas firm, which in recent years has talked up plans to diversify and invest in renewable as part of an ESG push, was now exploring options for its global renewable power operations.
- 07/14/2023
|
Heineken, Shell, Carl's Jr. dubbed ‘wartime profiteers' for still operating in Russia despite vowing to leave
- “These companies are breaking their promises. They are functioning as wartime profiteers,” Yale professor Jeffrey Sonnenfeld said.
- 07/12/2023
|
Shell and BP start action against supplier over missing LNG
- Shell and BP have separately started arbitration against an LNG group for failure to supply contracted cargoes as prices for the gas started to soar. The two have accused Venture Global LNG of selling contracted cargoes to the customers as prices rose, meaning they missed out on millions of dollars of sales.
- 07/12/2023
|
Shell finds hydrocarbons in latest Namibia exploration well
- Shell said on Wednesday it had successfully completed drilling a fourth exploration well, Lesedi-1X, in Namibia that confirmed the presence of hydrocarbons.
- 07/12/2023
|
Exclusive: Shell, BP pursue arbitration claims against Venture Global LNG
- Top LNG traders Shell and BP have separately filed for arbitration against U.S. exporter Venture Global LNG for failing to supply contracted cargoes, even as it sold to non-contract customers as prices soared, four people familiar with the matter said.
- 07/12/2023
|
Gurus Like These 5 Energy Stocks
- Expanding its bet on energy infrastructure, Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway Energy disclosed on Monday it purchased a 50% stake in the Cove Point liquefied natural gas facility for $3.3 billion in cash.
- 07/11/2023
|
What Did Shell (SHEL) Reveal in Its Update Pre Q2 Earnings?
- Per Shell (SHEL), second-quarter LNG liquefaction volumes are expected to go down around 1.4% sequentially but marketing sales volumes are scheduled to improve.
- 07/10/2023
|
Shell poised for energy switch under “reinvigorated team” – analyst
- Shell PLC (LSE:SHEL, NYSE:SHEL) could be well positioned to embark on its shift towards becoming a net-zero emission company under new leadership, according to Deutsche Bank AG (NYSE:DB). The oil giant appointed Wael Sawan as chief executive officer at the start of 2023 along with a chief financial officer in May and a new head of upstream at the end of October.
- 07/10/2023
|
Shell's Production Outlook: Not as Bad as Expected?
- VanEck Oil Services ETF NYSEARCA: OIH has delivered investors a nearly 43.4% performance over the past 12 months, outperforming the broader market by as much as 21.2% during the same period.
- 07/10/2023
|
Shell expects impairments worth up to $3.0 billion in Q2
- Shell PLC (LON: SHEL) expects scheduled maintenance to result in a sequential decline in its upstream production in the second quarter. Shell will report Q2 results later this month On Friday, the energy giant also warned of post-tax impairments worth up to $3.0 billion in Q2.
- 07/07/2023
|
Shell Follows Exxon, Warning Profits Are Falling Amid Oil and Gas Slump
- The energy company's stock fell in early trading Friday. It is the world's biggest trader of liquefied natural gas.
- 07/07/2023
|
Shell to book up to $3 billion of 2Q impairments; upstream production fell on quarter
- Shell said Friday that it expects to book after-tax impairments of up to $3 billion for the second quarter of 2023, and that upstream production declined from the first three months of the year.
- 07/07/2023
|
Shell expects lower trading in gas business, takes US$3bn writedown
- Shell PLC said it expects second-quarter trading at its gas division to be "significantly lower" compared with the previous quarter, due to seasonal factors. In a trading update, the oil major also announced write downs of up to US$3bn for the quarter, primarily driven by a 1% increase in the discount rate used for impairment testing.
- 07/07/2023
|
Shell sees significantly lower trading in gas division for second quarter
- Shell , Europe's largest oil and gas company, said on Friday it expects second-quarter trading at its gas division to be "significantly lower" compared with the previous quarter.
- 07/07/2023
|
Shell's (SHEL) BSP Extends Wood Partnership Offshore Brunei
- Shell's (SHEL) unit BSP extends Wood's offshore contract until 2026, enhancing production and supporting sustainability.
- 07/06/2023
|
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
- Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
- 07/06/2023
|
Shell CEO says it would be irresponsible to cut oil and gas production
- LONDON (AP) — The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at a time when the world economy is still dependent on fossil fuels.
- 07/06/2023
|
Shell boss warns against cutting oil amid climate backlash
- Shell PLC (LSE:SHEL, NYSE:SHEL) boss Wael Sawan has bluntly warned that oil and gas companies should not be cutting production, claiming the move could be “dangerous”. Sawan argued the world still “desperately needed” oil and gas in response to backlash from climate activists over the company's backtracking on plans to cut production.
- 07/06/2023
|
Dividend Income Summary: Lanny's June 2023 Summary
- Investing as often, and early, as you can allows compound interest (aka dividends) to work it's magic. The retirement accounts brought in a total dividend income amount of $1,948.91 or 36% of the dividend income total. There were 9 dividend increases, including the exchange traded funds (ETFs) in the mix, such as VYM, VOO and VIG.
- 07/06/2023
|
Shell's (SHEL) Renewables Head Resigns Amid Strategy Shift
- Shell's (SHEL) renewables business suffers a setback as its head, Thomas Brostrom, resigns amid the company's renewed focus on oil and gas production.
- 07/04/2023
|
Shell (SHEL) Trades Russian Gas Despite Withdrawal Pledge
- Shell (SHEL) accounted for almost 12% of Russia's gas exports last year even after pledging to withdraw from the country's energy sector.
- 07/04/2023
|
The Best Performing Energy Stocks Of Q2 2023
- The second quarter and first half of 2023 have ended. Here were the best performing energy stocks of the quarter.
- 07/01/2023
|
Shell's renewables boss to leave after CEO strategy shift
- Shell's head of renewable generation Thomas Brostrom is leaving the energy giant, a spokesperson said on Friday, weeks after CEO Wael Sawan scaled back the company's energy transition plans.
- 06/30/2023
|
7 Safe Dividend Stocks for Investors to Buy Right Now: June 2023
- Although the idea of acquiring the highest-yielding enterprises seems lucrative, investors right now should arguably focus on safe dividend stocks to buy. These securities often undergird consistently profitable companies that enjoy revenue predictability.
- 06/29/2023
|
Shell (SHEL) Pipeline's Oil Spill Pollutes Niger Delta Farms
- Shell's (SHEL) oil pipeline spill in Nigeria, which lasted almost a week, severely contaminates the Niger Delta farms and rivers.
- 06/28/2023
|
Shell (SHEL) to Sell Its Masela Stake to Pertamina and Petronas
- Shell (SHEL) is set to sell its 35% stake in Indonesia's Masela project to Pertamina and Petronas. The deal is expected to close in a month.
- 06/27/2023
|
Shell (SHEL) Resumes Maintenance at Norway's Nyhamna Gas Plant
- Shell (SHEL) announces the resumption of maintenance work at Norway's Nyhamna gas processing plant after a brief shelving of the facility's operations due to a technical flaw.
- 06/27/2023
|
Shell: Don't Fear Declining Oil Prices
- Shell: Don't Fear Declining Oil Prices
- 06/26/2023
|
The AI gold rush could spark a 15% rally in tech stocks through the rest of the year as firms shell out $800 billion in the arms race, Wedbush says
- The wave of spending on artificial intelligence could spark a 15% rally for tech stocks, Wedbush said. Analysts predicted that tech firms could shell out as much as $800 billion for AI ventures.
- 06/26/2023
|
Indonesia's Pertamina, Malaysia's Petronas aim to take over Shell's Masela stake
- Indonesia's state energy company Pertamina and Malaysia's Petroliam Nasional (Petronas) plan to jointly take over Shell's participating interest in the Masela gas project, Indonesia's energy minister said on Monday.
- 06/25/2023
|
Shell restarts Norco, Louisiana, refinery after power outage, fire -sources
- Shell Plc began restarting its 227,900 barrel-per-day (bpd) Norco, Louisiana, refinery on Saturday following a power outage and brief fire, said people familiar with plant operations on Sunday.
- 06/25/2023
|
7 Oil Stocks to Sell as Demand Peaks and Interest in EVs Grows
- With oil prices hovering around $70 and some analysts believing they could go as high as $100. Therefore, it may seem like a waste of time to think about high-risk oil stocks.
- 06/25/2023
|
Oregon county sues oil, gas companies including Exxon, Shell, Chevron for deadly 2021 Pacific Northwest heat dome
- Multnomah County in Oregon has filed a lawsuit against oil and gas companies including Exxon, Shell, Chevron for the 2021 deadly heat dome.
- 06/23/2023
|
Sam Altman Says AI Will Make Businesses 30 Times More Productive: 2 Stocks Investors Will Want to Buy
- OpenAI co-founder Sam Altman is currently touring the world, meeting with government officials and business leaders regarding AI. The parties are discussing everything from the risks, benefits, and potential regulation for this new technology.
- 06/23/2023
|
Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit
- Japan's Mitsubishi Corp expects no operational problems at the Sakhalin-2 liquefied natural gas (LNG) project in Russia's Far East, including maintenance, even without Shell , its chief executive said on Friday.
- 06/23/2023
|
Shell resumes maintenance at key Norway gas terminal
- Shell has resumed maintenance work at Norway's Nyhamna gas processing plant, which had been postponed last week due to a problem with the facility's cooling systems, the company said in a statement late on Thursday.
- 06/23/2023
|
2 Dividend Stocks That Just Raised Their Payouts by More Than 10%
- UnitedHealth is a top dividend growth stock that has been generously increasing its payouts for years. Shell has performed exceptionally well, and with oil prices looking more stable, that should continue.
- 06/22/2023
|
7 Stocks to Buy as Companies Show Major Signs of Confidence
- When publicly traded companies are feeling confident and flush with cash, they tend to reward shareholders with increased dividend payments and stock buybacks. In April, CNBC noted that share repurchases in 2023 were nearing a record pace at close to $1 trillion.
- 06/22/2023
|
Shell's (SHEL) Dutch Wind Farm Generates its First Green Energy
- Shell (SHEL) and Mitsubishi subsidiary-led consortium, Holland Kust Noord wind farm, delivers its first green energy to the Dutch mainland.
- 06/21/2023
|
Shell (SHEL) to Sell Stake in Pakistan Amid Economic Crisis
- Shell (SHEL) exits Pakistan amid economic crisis, selling a majority of its stake in Shell Pakistan Ltd. and Pak-Arab Pipeline Co.
- 06/20/2023
|
Shell-led Dutch wind farm delivers first electricity
- The first electricity has been produced from the large Hollandse Kust Noord offshore wind farm, companies running the project said on Monday.
- 06/19/2023
|
Shell tells City what it wants to hear, mostly
- Shell largely gave the City it wanted to hear last week at its capital markets day, said analysts, even though the oil major enraged climate activists. UBS said the update overall was positive as the increase in shareholder returns is close to consensus expectations, capex guidance is lower for 2024-25, which was not expected we believe, and the company targets cost-cutting of US$2-3bn by the end of 2025.
- 06/19/2023
|
Shell (SHEL) Reviews Chemical Business for Improvement
- Shell (SHEL) initiates a review of its chemical business to address lagging performance. It also plans to maintain or slightly increase oil production until 2030, abandoning annual cuts.
- 06/19/2023
|
Situation at Norway's closed Nyhamna gas plant "complex", Shell says
- Investigations into cooling system problems at Norway's Nyhamna gas processing plant continue, amid a "complex situation", operator Shell said on Friday.
- 06/16/2023
|
Shell's Olympus Gulf of Mexico platform offline for maintenance
- Top U.S. Gulf of Mexico oil producer Shell on Thursday said its Olympus production platform in the U.S. Gulf of Mexico is offline for planned maintenance.
- 06/15/2023
|
Changes At Oil Titan Shell As Shareholder Dividend Skyrockets, Exits Pakistan And Retail Markets
- Shell's shareholder woes stem from its valuation, which trades lower than its US counterparts.
- 06/15/2023
|
Shell (SHEL) Focuses on Fossil Fuels, Expects to Raise Dividend
- Shell (SHEL) is set to boost its dividend rate by 15% while emphasizing on oil and gas production and cutting back on less profitable ventures.
- 06/15/2023
|
Shell Joins Fellow Majors In Refocus On Core Oil And Gas Business
- The major integrated oil companies are refocusing their budgets on the core business of oil and gas this year. What it means for the future is unclear.
- 06/15/2023
|
Shell CEO says EV charging stations in China are hot, predicts 'robust' oil and gas demand
- Shell CEO Wael Sawan said energy giant is boosting oil and gas production to book near-term profits, but it's also building EV charging stations in China.
- 06/14/2023
|
Shell enrages climate groups after scrapping oil reduction targets
- Climate groups have lashed out at Shell PLC (LSE:SHEL, NYSE:SHEL) after chief executive Wael Sawan unveiled the oil giant would backtrack on plans to cut annual oil production by up to 2% until 2030. According to Global Witness, the U-turn could see Shell produce an average of 29mln tonnes of extra carbon dioxide each year.
- 06/14/2023
|
Shell gives a boost to shareholder returns
- Shares of Shell PLC (LON: SHEL) are trading up this morning after the energy giant revealed plans of boosting returns to shareholders. Shell boosts dividend and buybacks Moving forward, the oil and gas behemoth said it will distribute up to 40% of cash flow from operations.
- 06/14/2023
|
Shell's New Strategy Avoids the Toughest Questions
- The European energy major promises stable oil and gas production this decade, but higher hurdles for investments in lower-carbon alternatives.
- 06/14/2023
|
Shell's New Dividend And Buyback Program, New Targets?
- Shares of Shell NYSE: SHEL are rallying by as much as 2.6% in the pre-market hours of Wednesday morning as investors and traders pile in to anticipate further price reactions stemming from the company's latest announcements. As most of the attention throughout markets seems to be headed toward decrypting where oil prices will be headed, Shell's management has turned its focus into retaining investor interest via capital allocation programs.
- 06/14/2023
|
Shell boosts dividend by 15%, maintains oil output through to 2030 in new CEO strategy
- "We will invest in the models that work – those with the highest returns that play to our strengths," Shell CEO Wael Sawan said in a statement.
- 06/14/2023
|
Energy Giant Shell Returns To ‘Crude' Basics, Hikes Dividend By 15%
- Shareholders of energy giant Shell – who have had to contend with dividend yields of less than 4% in recent quarters – are about to be greeted with welcome news.
- 06/14/2023
|
Shell looks after shareholders but at what cost?
- Shell PLC (LSE:SHEL, NYSE:SHEL)'s plans to boost shareholder returns and cut capex were broadly welcomed by the City but is it doing enough to address climate change? “Is it net zero or adding zeroes to earnings and cash flow for Shell?
- 06/14/2023
|
5 Things to Know Before Markets Open
- The Federal Reserve will announce its decision on interest rates and AMD is releasing a new GPU chip in a challenge to Nvidia. Here's what investors need to know today.
- 06/14/2023
|
Shell Boosts Dividend, Sets Buyback of $5 Billion
- The biggest European oil company is boosting distributions to 30% to 40% of cash flow, compared with current rates of 20% to 30%.
- 06/14/2023
|
Shell to lift dividend by 15%, launch $5 billion buyback
- Shell said Wednesday that it will increase shareholder distributions, while outlining plans for $5 billion in buybacks and a reduction in capital spending.
- 06/14/2023
|
Shell to sell its stake in Pakistan unit
- Shell Pakistan on Wednesday said that parent Shell has notified it of the group's intent to sell its shareholding in the business.
- 06/14/2023
|
Shell to Lift Dividend, Launch $5 Billion Buyback
- The energy major said it would increase shareholder distributions while outlining plans for buybacks and a reduction in capital spending.
- 06/14/2023
|
Shell says Singapore energy, chemicals assets under review
- Shell said on Wednesday it is conducting a strategic review of energy and chemicals assets on Bukom and Jurong Island in Singapore.
- 06/14/2023
|
Shell to raise dividends, boost buybacks and trim spending
- Shell PLC (LSE:SHEL, NYSE:SHEL) will raise dividends and boost share buybacks as it aims to deliver more value with less emissions alongside increased returns for shareholders. That was the message from the oil major ahead of its Capital Markets Day.
- 06/14/2023
|
Shell to sharply boost dividend in new CEO plan
- Shell will increase its dividend by 15%, starting in the second quarter of the year, and reduce capital spending as part of CEO Wael Sawan's efforts to regain investor confidence, the company said on Wednesday.
- 06/14/2023
|
US interest rates and Shell capital markets day on Wednesday
- The US Fed is the big news of the week, with the decision coming late on Wednesday. The Fed is not currently expected to join the ECB in further hiking interest rates next week, especially if US inflation figures cool.
- 06/13/2023
|
Shell extends Norway Nyhamna gas plant maintenance on cooling system issues
- A maintenance outage at Norway's Nyhamna gas processing plant has been extended by almost a month to mid-July due to problems with the plant's cooling system, operator Shell said on Tuesday.
- 06/13/2023
|
Does Shell need to quit London? A lot of brokers think so
- Shell Transport and Trading leave London? Unthinkable right?
- 06/12/2023
|
Shell Is Becoming A Green Energy Power House
- Shell is transitioning from fossil fuels to renewable energy and investing heavily in natural gas, green and blue hydrogen, and electricity production. The company currently has a low valuation, with a P/E ratio of 7, and offers a dividend yield of 3.7% with a 17% payout ratio. Despite risks including the need for investments in research and development, execution risks in new industries, and potentially leaving valuable fossil fuel assets behind, I believe it is a Buy.
- 06/10/2023
|
Exclusive: Shell pivots back to oil to win over investors -sources
- Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits are booming, company sources said.
- 06/09/2023
|
Shell (SHEL)-Led JV to Withdraw SouthCoast Wind Power Project
- Shell (SHEL) and Ocean Winds joint venture decides to petition the withdrawal of the SouthCoast wind power project due to financial constraints.
- 06/09/2023
|
Windfall tax update sparks mixed reactions from oil stocks
- Harbour Energy PLC (LSE:HBR), Enquest PLC (AIM:ENQ) and Serica Energy PLC (AIM:SQZ) shares started Friday on the front foot, after the Treasury announced the North Sea windfall tax could be cut as planned in 2028. North Sea firms would see taxes drop from 75% to 40% on the move, though any suspension of the levy would rely on oil and gas prices seeing sustained low levels, the Treasury said.
- 06/09/2023
|
Shell's (SHEL) Masela Project Stake to Be Acquired by Pertamina
- Shell's (SHEL) stake in the Masela Gas Project may be taken over by Pertamina, an Indonesia government-backed company, by the end of this month.
- 06/08/2023
|
Shell (SHEL) to Wind Down European Retail Power Business
- Shell's (SHEL) decision to withdraw its home energy retail unit from the UK, Netherlands and Germany comes following a comprehensive review undertaken in late January.
- 06/08/2023
|
Shell expected to commit to more cash hand-outs next week
- Another broker has predicted that Shell will make a commitment to hand more cash out to shareholders at its capital markets day next week. JP Morgan predicts chief executive Wael Swan will raise the proportion the oil and gas giant pays out of cash flow from operations (CFFO) to between 30-40 from 20-30% currently at the 14 June gathering.
- 06/08/2023
|
Shell's (SHEL) Pernis Refinery Shuts Down Owing to Leakage
- Shell (SHEL) temporarily shuts down Europe's largest oil refinery at Pernis, Rotterdam due to leakage.
- 06/07/2023
|
Shell (SHEL) Unveils Shell V-Power NiTRO+ Premium Gasoline
- Shell (SHEL) introduces advanced Shell V-Power NiTRO+ Premium Gasoline that boosts engine performance and sets a new industry standard.
- 06/07/2023
|
Oil giant Shell's UK ad campaign banned for being 'likely to mislead' consumers
- Campaign group AdFree Cities said the ruling "sends a powerful message" to energy companies that greenwashing ad campaigns would no longer be tolerated.
- 06/07/2023
|
UK watchdog bans some Shell renewable energy commercials
- Britain's advertising watchdog on Wednesday banned some advertising by energy giant Shell on posters, television and on YouTube, saying it gave a misleading impression of the size of the group's lower carbon business.
- 06/07/2023
|
Shell ads shunned over greenwashing claims
- Shell PLC (LSE:SHEL, NYSE:SHEL) has had several adverts banned in the UK after regulators ruled they failed to acknowledge the oil giant's impact on the climate when discussing clean energy production. Three adverts run in 2022, shown on television, YouTube and a poster in Bristol respectively, were banned by the Advertising Standards Authority (ASA) over misleading claims.
- 06/07/2023
|
Shell to sell energy supply arm over poor returns
- Shell PLC (LSE:SHEL, NYSE:SHEL) has confirmed its German, Dutch and British household energy supply businesses are up for sale and could be offloaded in the coming months after generating poor returns. "[A] review has now concluded and as a consequence, we intend to exit those businesses,” Shell said in a statement.
- 06/06/2023
|
Shell's profits versus environment dilemma in focus as capital.day approaches
- Shell's capital markets day on 14 June will spotlight how the group intends to balance its green aims against the huge profits currently being generated by its oil and gas businesses. Accusations of foot-dragging have grown louder among environmental activists, with more resolutions (defeated) at the recent AGM calling for it to bring its ‘greening' more visibly in line with the 2015 Paris Accord on climate change.
- 06/06/2023
|
Shell to exit European home retail energy businesses
- Shell said on Tuesday that it had decided to exit its home retail energy businesses in Britain, Germany and the Netherlands due to their poor returns.
- 06/06/2023
|
Indonesia Pertamina finalising takeover of Shell's Masela shares -CEO
- Indonesia state energy firm Pertamina is finalising an acquisition of Shell's shares in the country's Masela gas project, its chief executive officer said on Tuesday.
- 06/06/2023
|
Shell (SHEL) Division & Idekapital Invest $90M in Kongsberg
- Shell's (SHEL) division, along with Idekapital, invests $90 million in Kongsberg Digital, an industrial software firm.
- 06/05/2023
|
Oil cuts won't dramatically hit pumps just yet - analysts
- Oil production cuts announced by Saudi Arabia's energy minister on Sunday have led crude prices marginally higher while boosting shares in oil firms such as BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL).
- 06/05/2023
|
Shell acquires 1.1 GW of solar projects in Spain
- Shell has acquired 12 solar projects in Spain with a total capacity of 1.1 gigawatt from renewables developer Isemaren, its head of renewables generation Thomas Brostrom said on Wednesday.
- 05/31/2023
|
CHPT Stock Soars As EV Charging Network Called 'Best-In-Class' Ahead Of Earnings
- Bank of America analysts see line of sight to profitability. ChargePoint earnings Thursday follow Tesla-Ford EV charging pact.
- 05/30/2023
|
Carbon offset price rises prompt warnings over net zero targets
- Carbon offsetting costs could soar over 250% in the coming decade, leaving companies at risk of missing net-zero emissions targets, PwC analysts have warned.
- 05/30/2023
|
Indonesia presses Shell to expedite Masela project exit
- Indonesia has renewed its threat to take back Shell's stake in the gas-rich Masela block if it fails to sell it by next year, according to a senior government official, who confirmed Malaysia's state-run Petronas was a potential buyer.
- 05/30/2023
|
Shell (SHEL) Extends Deepsea Bollsta Drilling Rig Contract
- Shell's (SHEL) subsidiary, Shell Namibia, extends its contract with offshore drilling contractor Northern Ocean, for its Namibia operations.
- 05/29/2023
|
Proactive broker roundup: Shell, Endeavour Mining, Royal Mail, Aviva, BT and more
|
Shell to ‘convince investors' with dividend hike at capital markets day
- Shell PLC (LSE:SHEL, NYSE:SHEL)'s new chief executive Weal Sawan will have to convince investors over plans to make the company Europe's “premium sector name,” on June 14's capital markets day, analysts say. A material dividend hike, updates on operational and capital expenditure discipline and a renewed focus on growing high-return areas should win over investors, Jefferies noted.
- 05/26/2023
|
Shell expects Zydeco oil pipeline to restart on Friday
- A Shell Plc unit on Thursday said it will begin oil deliveries on the Houston to Nederland portion of its Zydeco pipeline on Friday, a month after a spill forced the line shut.
- 05/25/2023
|
Shell (SHEL) to Pay $10M Fine for Breaching Air Quality Laws
- Shell (SHEL) agrees to pay around $10 million penalty for numerous air permit violations at its petrochemical facility in Beaver County, PA.
- 05/25/2023
|
Solar investments to outdo oil for first time this year
- Solar investments will outdo oil for the first time in 2023, the International Energy Agency predicts, likely surpassing £1bn a day globally.
- 05/25/2023
|
Shell (SHEL) Shareholders Support Board at AGM Despite Protests
- Shell's (SHEL) AGM gets disrupted by climate activist group Follow This, in an effort to limit the production of fossil fuels. Shareholders, however, back the board.
- 05/24/2023
|
'Go to hell, Shell.' Climate protests disrupt oil company's shareholder meeting
- Chaotic scenes unfolded at Shell's annual shareholder meeting Tuesday as climate activists stormed the venue, calling for the oil company to be "shut down" and demanding that it stop investing in oil and gas extraction.
- 05/23/2023
|
Shell's AGM disrupted as activists try to storm the stage
- Shell PLC (LSE:SHEL, NYSE:SHEL)'s annual general meeting has finally got underway after climate protestors disrupted proceedings for more than one hour. After some initial shouting and jeering a group of activists headed towards the stage where the Shell board was assembled and launched into a chorus of “Go to hell, Shell”, to the tune of Hit the Road Jack by Ray Charles, trying to outdo protestors at the recent Barclays AGM who adapted a Spice Girls tune to make their opposition in song.
- 05/23/2023
|
Saudi minister warns oil short-sellers ahead of OPEC meeting
- Saudi Arabia's energy minister has warned oil speculators to “watch out” ahead of the latest meeting since OPEC+ members opted to slash output in early April. “I would just tell them to watch out,” Prince Abdulaziz bin Salman said on Tuesday, hinting that those betting against oil price rises could be left hurting after the meeting in Vienna on June 4.
- 05/23/2023
|
Oil giant Shell braces for shareholder revolt over climate plans after record profits
- Climate-focused investors are seeking to ramp up pressure on Shell at its annual meeting Tuesday, after an extraordinary run of record profits.
- 05/23/2023
|
Shell cuts oil imports at Singapore refinery amid mooring repairs
- Shell has cut crude oil imports at its Singapore refinery this month and is relying on smaller tankers after extending repairs at its single buoy mooring (SBM) facility to June, according to government notices and shipping data.
- 05/22/2023
|
Shell (SHEL), SparkCognition Collaborate for AI Technology
- Shell (SHEL) and SparkCognition announce a collaboration intended to use Generative AI technology to quicken the pace of oil and gas exploration.
- 05/22/2023
|
Dowlais and Avon Protection earnings lead the way on Tuesday
- Tuesday is a day for new starts. Dowlais Group PLC (LSE:DWL) will be presenting its maiden set of results as a separate company again after being spun out by Melrose earlier this year, five years after its hostile takeover of GKN.
- 05/22/2023
|
ExxonMobil, Shell Explode A Pair Of Energy Transition Myths
- In a pair of recent stories, publicly-held oil majors ExxonMobil and Shell exploded a pair of the most popular energy transition-related myths.
- 05/21/2023
|
Want a Printed Airline Boarding Pass? Be Ready to Shell Out $25
- All the travel nickel-and-diming tests the patience and pocketbooks of exasperated travelers. “I want to have that piece of paper.
- 05/21/2023
|
Artificial Intelligence Is Wading Into the Deep to Unlock More Oil
- Shell is using AI to help find and produce more oil from deepwater sources. It's one of a growing number of oil companies seeking to harness the technology to increase production and reduce costs.
- 05/21/2023
|
Equinor, Shell and Exxon agree LNG project with Tanzania
- Equinor , Shell and Exxon have reached agreement with the government of Tanzania for the development of a liquefied natural gas (LNG) export terminal, Equinor's manager in the East African country said on Friday.
- 05/19/2023
|
Shell activist group challenges High Court ruling on climate change writ
- Energy giant Shell PLC (LSE:SHEL, NYSE:SHEL) could face a renewed court battle with ClientEarth, an environmental charity turned activist investor of the energy giant. ClientEarth revealed it would be challenging a court decision to dismiss a lawsuit against the oil titan's board for not dealing with climate risks effectively.
- 05/19/2023
|
ClientEarth challenges UK court dismissal of Shell climate lawsuit
- ClientEarth, an environmental law charity turned activist Shell investor, said on Friday it was challenging a London court decision to dismiss its novel lawsuit against the energy giant's board over alleged climate risk mismanagement.
- 05/18/2023
|
Analysis: Shell faces tense shareholder meeting as profits and climate collide
- Shell will likely face one of its most acrimonious annual meetings next week as it struggles to balance investor pressure to capture profits from oil and gas and a vocal minority saying it must move faster to tackle climate change.
- 05/18/2023
|
North Sea carbon storage licenses awarded for first time
- Licenses have been offered for companies to inject captured carbon into thousands of square kilometres of depleted oil and gas fields in the North Sea for the first time. 20 licenses have been offered to 12 companies for sites totalling around 12,000 square kilometres, an area larger than Yorkshire, the North Sea Transition Authority (NSTA) said on Thursday, with the first injection potentially taking place within the next six years.
- 05/18/2023
|
Shell to use new AI technology in deep sea oil exploration
- Shell Plc will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies said on Wednesday.
- 05/17/2023
|
7 Oil Stocks to Snatch Up Before They Bounce Back
- Although many market experts expected the hydrocarbon industry sector to soar – thus sending oil stocks to buy higher – in reality, the segment has been conspicuously deflated. Still, according to a recent CNBC article, the plunge in fossil fuel prices may bottom out soon.
- 05/15/2023
|
Shell facing growing investor backlash over green credentials
- Shell PLC (LSE:SHEL, NYSE:SHEL) is facing a growing backlash from shareholders at its AGM due to dissatisfaction with the oil giant's climate efforts. Two more pension schemes, Nest and London CIV, have signalled their intention to vote against the firm's directors at the meeting, following similar moves by the Church of England Pensions Board and Brunel Pensions Partnership.
- 05/12/2023
|
Shell's US$40bn profits not good enough for RBC
- Shell might have posted an eyebrow-raising US$40bn profit in 2022, but that wasn't enough according to analysts at Royal Bank of Canada (TSX:RY). “Normalising for ‘mid-cycle' macro, we believe Shell's ROCE [return on capital] was a meagre 9% and on a comparable basis lagged many of its peers,” said the Canadian bank.
- 05/11/2023
|
Shell off the hook for devastating Nigeria oil spill, Supreme Court rules
- The UK Supreme Court has upheld two lower-court rulings that found British energy multinational Shell PLC (LSE:SHEL, NYSE:SHEL) was off the hook for a devastating spill of 40,000 barrels worth of crude oil in the Niger Delta in 2011. Two Shell subsidiaries were relieved of legal responsibility due to the Nigerian claimants exceeding the six-year time limit for initiating legal action against the oil giant.
- 05/10/2023
|
No Dating Game for Buffett
- Watching Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio) Saturday in Omaha caused us to think about a very popular 1960s TV show called, “The Dating Game.” Hosted by Jim Lange, the game was played with the host on one side of a wall with a male or female contestant.
- 05/09/2023
|
Shell: A Solid Oil Supermajor In A Tough Environment
- Shell plc's revenues were $89.02 billion, up 7% compared to the same quarter a year ago but down 12% sequentially. Upstream production was 2,847K Boep/d in the first quarter (including 970K Boep/d of Integrated gas), down 2.7% compared to a year ago and up 2.6% sequentially.
- 05/08/2023
|
Shell PLC (SHEL) Q1 2023 Earnings Call Transcript
- Shell PLC (NYSE:SHEL ) Q1 2023 Earnings Conference Call May 4, 2023 9:30 AM ET Company Participants Sinead Gorman - CFO & Director Wael Sawan - CEO & Director Conference Call Participants Oswald Clint - Sanford C. Bernstein & Co. Michele Vigna - Goldman Sachs Group Lydia Rainforth - Barclays Bank Christyan Malek - JPMorgan Chase & Co. Amy Wong - Crédit Suisse Irene Himona - Societe Generale Alastair Syme - Citigroup Biraj Borkhataria - RBC Capital Markets Paul Cheng - Scotiabank Henri Patricot - UBS Christopher Kuplent - Bank of America Merrill Lynch Lucas Herrmann - BNP Paribas Exane Henry Tarr - Berenberg Kim Fustier - HSBC Sinead Gorman Welcome to Shell's 2023 First Quarter Results Presentation.
- 05/08/2023
|
Shell and BP's Hidden Spark
- The European companies' energy traders generate huge profits, but investors are mostly in the dark.
- 05/08/2023
|
Oil & gas highlights: Shell, BP, Longboat, Chariot, Arrow and more
|
Proton Motor Power Systems climbs on Shell order
- Proton Motor Power Systems PLC (AIM:PPS) saw its shares jump 7.1% to 11.25p in early deals on Friday after the company revealed a contract from Shell PLC (LSE:SHEL, NYSE:SHEL) for a hydrogen-based power plant. The order, placed by Shell Deutschland Oil GmbH, is for two HyShelter 240 containerised hydrogen fuel cell hybrid systems, which are typically used for off-grid installations “to ensure a safe and clean energy supply where there is no or insufficient infrastructure”, the company said.
- 05/05/2023
|
Ithaca Energy strikes Shell stake sale agreement for Cambo gas field
- Ithaca Energy PLC (LSE:ITH) said Shell PLC (LSE:SHEL, NYSE:SHEL) has formally agreed to sell its 30% interest in Cambo, the second-largest undeveloped oil and gas discovery in the UK North Sea. Under the agreement, Shell can market and sell all or part of its stake.
- 05/05/2023
|
Should you buy Shell stock on solid Q1 profit?
- On Thursday, Shell PLC (LON: SHEL) said its profit in the fiscal first quarter was well above Street estimates. Its shares ended nearly 2.0% up.
- 05/04/2023
|
Shell Beats Earnings Estimates, Sets $4 Billion Buyback
- First-quarter earnings at Shell were $9.7 billion, slightly lower than the fourth quarter, but substantially higher than analysts' estimates of $8 billion.
- 05/04/2023
|
Tesco, Shell, BP slammed as diesel margins climb three times on average – RAC
- Fuel retailers have been accused of holding on to inflated diesel prices, despite the wholesale costs of the fuel sitting lower than petrol for the entirety of April. “Diesel drivers across the UK mainland continue to lose out badly at the pumps,” RAC spokesman Simon Williams said.
- 05/04/2023
|
Shell declares $4 billion buyback as first quarter earnings hit $9.65 billion.
- Shell PLC SHEL, -0.73% said Thursday that earnings fell on quarter for the first quarter of 2023 but beat market expectations, and declared a $4 billion share buyback program.
- 05/04/2023
|
Shell launches new US$4bn buyback as profit tops forecast
- Shell PLC (LSE:SHEL, NYSE:SHEL) launched a new US$4bn buyback as profits in the first quarter topped City expectations despite dropping from the previous quarter. The oil giant reported adjusted earnings in the three months to March of US$9.65bn, down 2% from US$9.81bn in the previous quarter, but 5.3% higher than US$9.13bn in the same quarter in 2022.
- 05/04/2023
|
Oil giant Shell beats expectations with $9.6 billion in first-quarter profit
- British oil giant Shell on Thursday posted stronger-than-anticipated first-quarter profit, extending a record run of bumper results.
- 05/04/2023
|
Shell, Next and Virgin Money earnings on Thursday plus AGMs
- Two days after its big local rival, Shell PLC (LSE:SHEL, NYSE:SHEL) reports but with more confidence among analysts that it has scope to up its shareholder returns. It is awash with cash and could easily afford a 25% hike in the dividend.
- 05/03/2023
|
The video that exposed relationship between Trump donor and CNBC anchor behind Jeff Shell ouster
- A nine-second video obtained by The Post shows Gamble attempting to shoo Barrack out of the shot.
- 04/28/2023
|
Fired NBCUniversal boss Jeff Shell forfeits $43M payout over Hadley Gamble scandal
- Jeff Shell, 57, was fired last Sunday after CNBC anchor Hadley Gamble filed a sexual harassment complaint.
- 04/28/2023
|
Comcast Sheds Light On NBCU CEO Jeff Shell's Surprising Exit
- As Comcast President Michael Cavanagh takes over, no major strategies will change, leadership says on first quarter earnings call. In other news, Peacock subscriptions were up but losses continue for the streamer.
- 04/27/2023
|
Jeff Shell's firing at NBCUniversal a ‘tough moment,' Comcast CEO admits
- Comcast's Brian Roberts touted the firm's "fabulous and tenured leadership team."
- 04/27/2023
|
Shell, BT, Virgin most complained about to broadcast watchdog
- Shell PLC (LSE:SHEL, NYSE:SHEL), BT Group PLC (LSE:BT.A) and Virgin Media O2 are among the most complained-about broadband, mobile and television providers, according to regulator Ofcom. Shell's 1.4mln-strong customer broadband wing, Shell Energy, faced the most complaints over broadband and landline coverage of any UK provider between October and December, Ofgem said on Thursday.
- 04/27/2023
|
3 Fast-Growing Companies Near Buy Points. How One Executive Hire Sent This Stock Soaring
- XPO Logistics stock soared on news it landed a new Chief Operating Officer. The post 3 Fast-Growing Companies Near Buy Points.
- 04/25/2023
|
NBCUniversal CEO Jeff Shell Steps Down Over ‘Inappropriate Relationship'
- Shell has led NBCUniversal since 2020.
- 04/23/2023
|
Jeff Shell out as CEO of NBCUniversal, effective immediately
|
NBCUniversal CEO Jeff Shell to Depart
- Shell is leaving his post effective immediately after an investigation into a complaint of inappropriate conduct, parent company Comcast said Sunday.
- 04/23/2023
|
Thoughts on Europe's Big Oil
- The world is on track to surpass the 1.5-degree target set out by the Paris Agreement within the next decade, indicating the need for a significant acceleration in low-carbon solutions. To ensure emission reduction by 2030 and reach net zero by 2050, companies and countries alike are setting and aiming to achieve ambitious targets.
- 04/21/2023
|
Shell (SHEL) Resumes Pierce as Upgrade Allows Gas Production
- Shell's (SHEL) subsidiary Shell UK Ltd. restarts Pierce field operations as redevelopment rendered gas production possibility, following years of producing only oil.
- 04/19/2023
|
Shell can easily afford 25% dividend hike says Barclays
- Shell has scope to up its dividend by 25% as early as its first-quarter results on 4 May, according to analysts at Barclays. The oil giant has a capital markets day (CMD) scheduled for 14 June, but Barclays does not see the need for it to wait until then to make a decision on the payout.
- 04/18/2023
|
7 Dividend Stocks to Sell Before They Face Regulatory Risks
- There are plenty of risky dividend-paying stocks with company-specific issues that make them clearly dividend stocks to avoid, but there are also some names in this category where the reason to stay away is not so apparent. One such example is with shares in companies facing possible regulatory scrutiny.
- 04/18/2023
|
Shell: Bullish Trading Update Supports Strong 2023 Outlook
- Shell: Bullish Trading Update Supports Strong 2023 Outlook
- 04/16/2023
|
Kazakhstan Files $16.5B Oilfield Arbitration Claim
- Kazakhstan launches a $16.5 billion arbitration case against a consortium developing its Kashagan and Karachaganak oilfields, alleging unauthorized spending and disputing profit-sharing deductions.
- 04/14/2023
|
7 Dividend Stocks to Buy That Are Benefiting from the Energy Boom
- Although society at large looked forward to a broader normalization cycle, the sudden interest in energy-related dividend stocks to buy signaled that the post-pandemic paradigm still has serious bite. Earlier this month, the Organization of the Petroleum Exporting Countries (OPEC) and non-member oil-producing nations — known as OPEC+ — surprised the world with a shock oil production cut.
- 04/12/2023
|
Does the EV Revolution Pose a Serious Threat to the Oil Industry?
- Does the electric vehicle (EV) revolution spell doom for the oil industry? Read on to find out how oil companies are adapting to this shift.
- 04/12/2023
|
Oil on the Rise: 5 Compelling Arguments Supporting a Bullish Market Outlook into Year End
- Since the pandemic lows, crude oil prices have soared, returning to levels not seen in nine years. The United States Oil Fund ETF ( USO ), a popular proxy for crude oil, has had a breathtaking march higher since reaching panic lows in April 2020.
- 04/10/2023
|
Digging Into Shell's (SHEL) Bright Earnings Outlook for Q1
- Per Shell (SHEL), first-quarter LNG liquefaction volumes are expected to go up around 6% sequentially on the back of more working time at its Australian facilities.
- 04/10/2023
|
Shell: 3 Bullish Factors to Consider for 2023 as Oil Prices Have Rallied
- The first quarter of 2023 is now behind us, and I have identified three main investment topics that will likely be of paramount importance for the rest of the year. Inflation in the U.S. and in Europe remains elevated despite all major central banks having raised their benchmark interest rates.
- 04/07/2023
|
Shell PLC expects up to $1.2 billion of corporate loss in Q1
- Shell PLC (LON: SHEL) ended in the green on Friday after the multinational said it expects higher gas output in the first quarter of 2023. Here's what Shell PLC expects for its Q1 On the downside, though, the oil giant now expects up to $1.
- 04/07/2023
|
Shell Issues an Upbeat Outlook. The Stock Rises.
- The oil-and-gas company says the performance of its oil products division in the first three months is expected to be 'significantly higher' than in the fourth quarter of 2022.
- 04/06/2023
|
Shell's trading update points to another bumper buyback
- Shell's trading update points to a good operational delivery during the quarter, falling opex and a strong contribution from trading, according to Jefferies. Lower than expected cash taxes and working capital unchanged at the mid-point of guidance should help Shell keep quarterly buybacks flat at US$4bn according to the broker.
- 04/06/2023
|
Shell sees first quarter gas output rising but corporate losses widening
- Shell PLC SHEL, +1.99% on Thursday forecast improved production from its integrated gas-and-oil products division in the first quarter of 2023 with higher liquid natural gas liquefaction volumes, though it expects corporate adjusted losses to widen.
- 04/06/2023
|
Shell forecasts flat upstream earnings, corporate hit by one-off tax charges
- Shell PLC (LSE:SHEL, NYSE:SHEL) has updated investors on trading in the first quarter forecasting upstream adjusted earnings between US$2.8bn to US$3.1bn compared to US$2.9bn in quarter four. The oil major said profit of joint ventures and associates and Exploration well write offs in the division are expected to be in line with the historical averages.
- 04/06/2023
|
Shell (SHEL) to Receive $1.2B in Exchange for Sakhalin Stake
- Shell (SHEL) to obtain $1.2 billion from Novatek for its 27.5% share in the Sakhalin-2 LNG project, following the approval of Russian president Vladimir Putin.
- 04/05/2023
|
Shell (SHEL) Halts Non-viable Singapore Biofuel Project
- Shell (SHEL) decides against pursuing two projects in Singapore, owing to the lack of a regulatory mandate, making the project commercially unfeasible.
- 04/04/2023
|
Shell Can Generate Strong Returns In A Transitioning Market
- Shell plc has a unique portfolio of assets and has continued to generate strong returns despite its investments in changing markets. The company is high-grading its core energy portfolio, and it has some substantial assets, especially in integrated natural gas and LNG, which will remain in high demand.
- 04/03/2023
|
Shell's $169 Million Volta Acquisition Highlights Uncertainty For Convenience Store Industry
- Convenience stores at gas stations are facing existential threats.
- 04/03/2023
|
BP, Shell, Harbour, Tullow shares jump as crude oil prices rebound
- Energy stocks were the best-performing stocks in London as investors cheered the latest crude oil news. Harbour Energy, Ithaca Energy, Tullow Oil, and Energean were the best-performing stocks in the mid-cap FTSE 250 index.
- 04/03/2023
|
BP and Shell each gain 4% as energy stocks in Europe rally
- Energy stocks rallied in early trade in Europe after the surprise cut in production announced by OPEC countries over the weekend. Of Stoxx Europe 600 components, Harbour Energy HBR, +7.87% rose 8%, Aker BP AKER, +5.06% added 7% and Galp Energies GALP, +5.93% gained 6%, and of the majors, TotalEnergies TTE, +4.29% , BP BP, +4.50% and Shell SHEL, +4.31% each rose 4%.
- 04/03/2023
|
Shell restructuring indicative of an industry change of tack
- Citi has provided its reaction to the reported restructuring of Shell PLC (LSE:SHEL, NYSE:SHEL)'s energy transition business. “The move looks like further confirmation of our view that European oil companies are moving away from renewables and focusing instead on industrial decarbonisation, a shift that we have termed Transition 2.0,” a note from American bank read.
- 03/31/2023
|
The Largest Global Energy Companies Ranked By Quality
- The eight largest energy companies in the world were evaluated for relative quality. Based on this analysis, ConocoPhillips appears to be the best prospect by a very thin margin.
- 03/30/2023
|
Here are 3 Integrated Majors Leading the Energy Transition Race
- There are abundant opportunities for energy companies with a footprint in oil and gas resources and the renewable energy space. Three such companies are BP, Shell plc (SHEL) and Equinor ASA (EQNR).
- 03/30/2023
|
Shell (SHEL) Faces Dilemma Over Climate Change & Oil Demand
- Shell's (SHEL) CEO, Wael Sawan, faces the dilemma over whether the company should ramp up its oil production or say no to fossil fuels for attaining climate-related goals
- 03/30/2023
|
Shell's (SHEL) Subsidiary Signs Merger Agreement With Volta
- Shell (SHEL) subsidiary gets the merger go-ahead from Volta stockholders at a special meeting in exchange for cash of 86 cents per share.
- 03/30/2023
|
Shell and Harbour windfall tax cut calls ignored on ‘Green Day'
- Calls from the UK's oil and gas industry were effectively ignored by the government on its “Green Day”, as it left its 35% windfall tax on North Sea firms untouched. CitiGroup analysts had been among those expecting the government to introduce a floor to the levy, which took the total tax on North Sea producers' profits to 75% from last May.
- 03/30/2023
|
Ovo Energy eyeing Shell's retail gas and energy business
- Ovo Energy is teeing up a bid for Shell's UK retail gas and electricity business and its 1.4mln customers according to reports today. A bid is expected to be tabled today (Wednesday) to meet an informal deadline set by Lazard, which is handling the sale, according to Sky News.
- 03/29/2023
|
Shell (SHEL) Inks Third Long-Term LNG Deal With Mexico Pacific
- Shell (SHEL) agrees to purchase 1.1 million tons of additional LNG per year from the Mexico Pacific export plant.
- 03/28/2023
|
Shell (SHEL) & Hartshead Collaborate on North Sea Gas Fields
- Shell plc (SHEL) and Hartshead have agreed on the terms of a deal to export gas from the North Sea, boosting the region's energy industry prospects.
- 03/28/2023
|
Shell (SHEL) Seeks Investors to Oppose Climate Resolution
- Shell (SHEL) claims that there is no realistic way to reduce emissions immediately. Recommends shareholders to vote against the climate resolution proposal.
- 03/27/2023
|
UK Oil & Gas Workers Demand Transition to Renewable Energy Jobs
- UK's oil & gas industry workers demand transition funding and training as SHEL, BP and FTI shift to sustainable energy.
- 03/24/2023
|
Shell (SHEL) Concludes the Sale of Baram Delta Offshore
- Shell's (SHEL) efforts to concentrate its upstream portfolio are consistent with this divestiture.
- 03/22/2023
|
FTSE 100 index forecast as Shell, BP and bank shares recoil
- The FTSE 100 index avoided moving into a correction area this week as UK stocks sell-off eased. The index of blue-chip UK companies was trading at £7,456, which was about 1.88% above the lowest point this week.
- 03/17/2023
|
Shell (SHEL) and JetBlue Join Forces for Sustainable Fuel
- Shell (SHEL) and JetBlue collaborate to replace traditional fossil fuels with SAF, which is a significant step toward reducing the aviation industry's environmental impact.
- 03/16/2023
|
Buy These 7 Blue-Chip Oil Dividend Stocks Now While Banks Melt Down the Stock Market
- The best-performing sector last year was energy, and with good reason, given that benchmark pricing in the summer of 2022 hit levels not seen in years.
- 03/16/2023
|
Shell and BP take a beating as bank woes hit crude prices
- Shares in BP PLC (LSE:BP.) and Royal Dutch Shell PLC (LSE:SHEL, NYSE:SHEL) tumbled more than 8% as they incurred collateral damage from the banking sector sell-off.
- 03/15/2023
|
Shell (SHEL) Finances Gulf Wind Technology for Offshore Hub
- Shell (SHEL) and Gulf Wind Technology join forces to establish an offshore wind energy hub in Louisiana.
- 03/15/2023
|
Shell: Uncertainties Keep Shareholders Guessing
- Despite the lower oil and gas prices towards the end of 2022, Shell still posted a massive result for their operating cash flow. This now leaves their net debt now at the lowest point in many years with their gearing ratio possibly reaching the bottom of their targeted range during 2023.
- 03/14/2023
|
Shell (SHEL) and Petrobras Join Forces for Energy Transition
- Shell (SHEL) and Petrobras (PBR) collaborate to explore new upstream and energy transition potential.
- 03/13/2023
|
Shell: The Energy Giant May Be About To Shrug
- Energy giant Shell plc is moving its focus away from the unfavorable business environment in Europe. A Shell transition from the U.K. to the U.S. was being discussed, and I think it makes sense.
- 03/09/2023
|
Shell CEO on Production Strategy, Share Price, Oil
- Shell CEO Wael Sawan discusses the firm's planned investments in energy production, efforts to boost shareholder returns, and outlook for oil prices on "Bloomberg Markets."
- 03/09/2023
|
Shell splashes millions on ex-boss, while female executives paid less
- Shell PLC (LSE:SHEL, NYSE:SHEL) ex-boss Ben van Beurden was paid £9.7mln in 2022, over 50% more than a year earlier, as the oil giant splashes the cash on its past and present leadership. Beurden was in charge of Shell between 2014 and 2022, before being replaced by Wael Sawan on 1 January this year.
- 03/09/2023
|
Shell (SHEL) Withdraws From Russia's Salym Petroleum Project
- Shell (SHEL) withdraws from the Salym Petroleum Development in Russia, in an attempt to streamline its global portfolio and focus on areas of higher value.
- 03/08/2023
|
Shell (SHEL) Makes Oil Discovery off the Coast of Namibia
- Shell (SHEL) makes its third oil discovery in Namibia, since February 2022, at the Jonker-1X Deepwater Exploration Well.
- 03/08/2023
|
Shell boss bags £1.7mln of bonus shares as share price soars
- Shell PLC (LSE:SHEL, NYSE:SHEL) said it had awarded its top executives hundreds of thousands of shares on Tuesday with a value of more than £8mln. Wael Sawan, chief executive, was the largest beneficiary receiving around 65,900 shares worth close to £1.7mln currently.
- 03/07/2023
|
7 Crude Oil Stocks to Buy as Tensions Rise
- Under normal circumstances involving geopolitical tensions between the U.S. and China, conflict tends to negatively affect crude oil stocks to buy. For instance, in 2019, China stated it would impose tariffs on U.S. crude oil imports, sending prices down sharply.
- 03/06/2023
|
Shell, Chevron and Petrobras weigh Guyana oil auction bids -sources
- Guyana's coming auction of offshore oil exploration blocks has lured at least 10 companies including Shell, Petrobras and Chevron, to consider the decade's hottest oil region, people close to the matter said.
- 03/06/2023
|
Shell Says Cutting Oil Production Is 'Not Healthy.' It's Catching Up With Exxon and Chevron.
- European peer BP said last month that it would start investing more in oil and gas production, slowing plans for the green energy transition.
- 03/03/2023
|
Energy stocks are ‘in the crosshairs' of Fed policy, analyst says
- The Energy Word Founder Daniel Dicker joins Yahoo Finance Live to discuss the rise in oil prices as traders weigh the optimism of increased demand from China, tightening monetary policy, and the outlook for oil.
- 03/02/2023
|
CRH goes first, Shell and FLutter might follow, but who else could make the switch to the US?
- CRH may have just lit the flame for London-listed firms making the switch to a primary listing in the US. The Dublin-based building material firm said it is making the switch as it would “bring increased commercial, operational and acquisition opportunities,” with more than 75% of the group's EBITDA derived in North America.
- 03/02/2023
|
Shell (SHEL) & Hapag-Lloyd Sign LNG Contract for New Vessels
- Shell (SHEL) and Hapag-Lloyd announce the signing of a multi-year agreement to supply LNG for Hapag-Lloyd's dual-fuel container vessels. This is expected to reduce CO2 intensity by up to 23%.
- 03/02/2023
|
How To Use A Cash-Secured Put Option Strategy
- A cash-secured put has a number benefits as an options strategy. It can pick up shares at a lower price or generate income.
- 02/28/2023
|
Shell upgraded to Buy at Goldman
- The "Halftime Report" traders debate the biggest analyst calls of the day.
- 02/27/2023
|
Shell stock could rally another 40% from here: Goldman Sachs
- It's still not too late to build a position in Shell PLC (LON: SHEL) even though it's already returned nearly 35% since late September, says Michele Della Vigna – Analyst at Goldman Sachs.
- 02/27/2023
|
The Top 7 Growth Stocks in the Hot Hydrogen Industry
- Although the recent soft sessions may have dampened investor sentiment, it's important to look ahead, particularly with the top hydrogen growth stocks. According to the International Energy Agency, hydrogen garnered significant interest.
- 02/26/2023
|
Shell's (SHEL) Vito Deep-Water Project Begins Production
- Shell's (SHEL) Vito development project demonstrates the company's commitment to deep-water exploration and meeting energy demands while aiming for net-zero emissions by 2050.
- 02/23/2023
|
3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth
- While the top-performing oil-and-gas giants such as Marathon Petroleum Corp. (NYSE: MPC), Exxon Mobil Corp. (NYSE: XOM), Shell plc (NYSE: SHEL), and oil services large cap Schlumberger Limited (NYSE: SLB) get the lion's share of attention, energy mid-caps NOV Inc. (NYSE: NOV), Weatherford International PLC (NASDAQ: WFRD), and HighPeak Energy Inc. (NASDAQ: HPK) are on track to grow earnings at triple-digit rates this year.
- 02/23/2023
|
Dividend Increases Are Flying In This Month!
- The dividend increases continue to roll in during February. A ton of companies have announced dividend increases. Dividend increases are a critical part of our dividend growth investing strategy. We focus on buying dividend stocks to build a growing passive income stream.
- 02/21/2023
|
Mormon Church used shell companies to hide $32B in investments, SEC says
- The SEC said the church and its nonprofit investment company, Ensign Peak Advisers Inc,, used shell companies to mask its growing investments in public companies.
- 02/21/2023
|
5 Attractive Dividend Stocks From An Emerging Markets Country
- When looking for ways to diversify your investment portfolio outside of the United States, there are plenty of other possibilities. One option is considering companies from emerging markets: in today's article, I will take a deep dive into the Brazilian stock market.
- 02/14/2023
|
ExxonMobil, Shell lead Big Oil's eye-watering $221 billion profit binge that Biden has slammed as 'outrageous'
- Oil majors have posted record profits for 2022, benefiting from the energy-market turmoil triggered by Russia's invasion of Ukraine.
- 02/12/2023
|
Charmaster: Oil prices heading higher?
- Carter Worth of Worth Charting looks at the technicals for oil. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Courtney Garcia and Jeff Mills.
- 02/10/2023
|
The 2023 Mercedes-Benz EQE is EV perfection in a humdrum shell
- The all-electric Mercedes-Benz EQS is among the most sublime cars on the road right now, an understated exterior wrapped around a sumptuous interior, featuring all the niceties you'd expect from an S-badged Merc with the effortless acceleration of an EV and stellar ride quality to boot. The flagship EV is, quite simply, very good.
- 02/10/2023
|
Twitter sees outage ahead of Super Bowl, Shell sued over climate risks, Fabuloso cleaner recalled
- Yahoo Finance anchor Julie Hyman reports the latest notable business headlines including Twitter users reporting a system outage ahead of Super Bowl weekend, Shell being sued over climate risks, and Colgate-Palmolive recalling its Fabuloso cleaning detergent.
- 02/09/2023
|
Shell board members sued for climate pushback
- Eleven of Shell's board members are being sued over allegedly mismanaging climate risks, intensifying scrutiny of big oil firms over their efforts to stem global warming. Environmental law firm and activist investor ClientEarth filed the legal claims in England's high court on Wednesday, claiming Shell's board was failing to implement policies in line with the 2015 Paris Agreement set at limiting global temperature rises to 1.5C.
- 02/09/2023
|
Shell board of directors sued over climate strategy in first-of-its-kind suit
- CNBC's Becky Quick reports on a lawsuit over a climate strategy.
- 02/09/2023
|
Investors sue Shell's board of directors over climate strategy in a first-of-its-kind lawsuit
- The case comes shortly after Shell reported its highest-ever annual profit of nearly $40 billion.
- 02/09/2023
|
Shell: A Tough Call This Year
- Shell plc reported fourth-quarter adjusted earnings per ADS of $2.76 or $9.814 billion, up 3.8% sequentially. Upstream production was 2,776K Boepd in the fourth quarter (including 916K Boepd of Integrated gas), down 10.1% compared to a year ago and up 2.3% sequentially.
- 02/08/2023
|
Shell is still the oil stock of choice for Jefferies
- Shell PLC (LSE:SHEL, NYSE:SHEL) is still the stock of choice in the oil sector, according to Jefferies, which whilst tweaking lower earnings forecasts says it is expecting another bumper shareholder payout. Jefferies snips its price target by around 3% to account for a 5% cut to 2023/24 earnings resulting from higher operating costs brought on by inflation.
- 02/07/2023
|
BP, Shell and Meta go large on share buybacks, but why are they controversial?
- Love them or hate them, share buybacks are all the rage right now. In the first month of 2023 alone, US corporations announced a colossal US$132bn in share repurchases, more than triple the amount announced in January 2022 for a new record, according to data compiled by Birinyi Associates.
- 02/07/2023
|
The 7 Best Hydrogen Stocks to Buy for February 2023
- In many ways, the case for the best hydrogen stocks to buy practically sells itself.
- 02/06/2023
|
These 2 global energy stocks look cheap now because of their ‘ESG discount' — but maybe not for long
- Some quality stocks are being heavily discounted now because environmental, social and governance (ESG) investors shun them. Consider the energy giants TotalEnergies TTE, +0.58% and Shell SHEL, +1.16%.
- 02/06/2023
|
Shell: Improvement In Several Areas And Prospects Looks Bright
- Shell continues to improve shareholder distribution together with improving their balance sheet. Positive projections for elevated prices of oil & gas bodes well for the company.
- 02/03/2023
|
Shell: Strong Dividend Growth Continues
- The macro-environment for energy companies is favorable. Shell is very profitable with oil in the $80s and generates massive cash flows.
- 02/02/2023
|
Shell PLC (SHEL) Q4 2022 Earnings Call Transcript
- Shell PLC (NYSE:SHEL ) Q4 2022 Earnings Conference Call February 2, 2023 9:30 AM ET Company Participants Wael Sawan - CEO & Director Sinead Gorman - CFO & Director Conference Call Participants Oswald Clint - Sanford C. Bernstein & Co. Biraj Borkhataria - RBC Capital Markets Christopher Kuplent - Bank of America Merrill Lynch Amy Wong - Crédit Suisse Irene Himona - Societe Generale Lucas Herrmann - BNP Paribas Exane Henri Patricot - UBS Peter Low - Redburn Alastair Syme - Citigroup Lydia Rainforth - Barclays Bank Giacomo Romeo - Jefferies Michele Vigna - Goldman Sachs Group Jason Gabelman - Cowen and Company Christyan Malek - JPMorgan Chase & Co. Paul Cheng - Scotiabank Operator Welcome to Shell's Fourth Quarter 2022 Financial Results Announcement.
- 02/02/2023
|
Shell posts highest profits in company history as oil, gas prices remain high following Ukraine invasion
- Shell Global, along with ExxonMobil and Chevron, have announced profits in excess of double their FY 2021 totals thanks to high gas prices after sanctions on Russia.
- 02/02/2023
|
No, Shell didn't make a record profit in 2022, if you drill into the numbers
- Shell on Thursday posted its fourth-quarter and annual numbers, and boy did the profits gusher out.
- 02/02/2023
|
Shell (SHEL) Beats Q4 Earnings on Higher Price, LNG Sales
- Shell (SHEL) generated cash flow from operations of $22.4 billion, returned $1.8 billion to its shareholders through dividends and spent $6.4 billion on capital projects.
- 02/02/2023
|
Oil earnings: ConocoPhillips misses, Shell profit skyrockets
- Yahoo Finance Live's Julie Hyman breaks down oil earnings.
- 02/02/2023
|
Oil giant Shell says it will spend $4 billion buying back shares, as it reports its highest ever annual profit
- The oil giant made its biggest annual profit ever last year as its natural-gas business boomed, thanks to sky-high energy prices.
- 02/02/2023
|
Shell Reports Record Profits As Oil Giants—Including Exxon, Chevron—Cash In On Sky-High Prices After Russian Invasion Of Ukraine
- Shell reported nearly $40 billion in profits last year, the highest in the company's 115-year history.
- 02/02/2023
|
More than 13,000 Nigerian residents take Shell to court over oil spills
- A combined 13,652 claims are asking Shell to take responsibility for the loss of their livelihoods.
- 02/02/2023
|
Shell Posts Annual Profit Record of $40 Billion and Launches $4 Billion Buyback
- The energy giant reported adjusted annual earnings of $39.9 billion, the highest in its 115-year history.
- 02/02/2023
|
It's a huge year for Shell — and a huge year to look back on, CEO says
- CEO Wael Sawan discusses the oil major's full-year earnings.
- 02/02/2023
|
Shell delivers record profits and launches new US$4bn buy-back
- Shell PLC (LSE:SHEL, NYSE:SHEL) has reported record fourth-quarter profits of US$9.8 bn driven by higher trading from its liquefied natural gas (LNG) operations and launched a new US$4bn buy-back programme. Annual earnings doubled to US$39.87bn, which is also a record, as the FTSE 100 listed oil major benefited from soaring energy prices inflamed by Russia's invasion of Ukraine.
- 02/02/2023
|
Shell Adds $41 Billion in Profit to Record Annual Haul From Oil Majors
- Shell became the latest oil giant to post a record annual profit last year, joining U.S. peers in surging back from early pandemic losses on soaring energy prices.
- 02/02/2023
|
Shell adjusted profit of $9.8 billion beats forecasts, boosted by soaring energy prices
- LONDON–Shell PLC became the latest oil giant to post record annual profit last year, joining U.S. peers in surging back from early pandemic losses on soaring energy prices.
- 02/02/2023
|
Oil giant Shell posts highest-ever annual profit of $40 billion
- The extraordinary scale of the industry's earnings has renewed criticism and sparked calls for a Big Oil windfall profit tax.
- 02/02/2023
|
Shell makes record $40 billion annual profit
- Shell delivered a record $40 billion profit in 2022, it said on Thursday, capping a tumultuous year in which a surge in energy prices after Russia's invasion of Ukraine allowed the energy giant to hand shareholders unprecedented returns.
- 02/02/2023
|
Shell, Amazon and Apple head busy day for results, Thursday's agenda
- Ahead of Thursday's Bank of England and ECB policy decisions, company results include finals from Shell PLC (LSE:SHEL, NYSE:SHEL) (Shell PLC (LSE:SHEL, NYSE:SHEL), Shell PLC (LSE:SHEL, NYSE:SHEL)) could provide more insight into the ongoing review of its residential energy wing, as well as windfall taxes. Shareholder returns and renewables intentions will be under the most intense investor scrutiny, with one set of analysts arguing the present plans to increase dividends by 15% and repurchase more than US$18bln of shares are not nearly enough.
- 02/01/2023
|
Shell's new boss streamlines senior executives
- Shell's new chief executive Wael Sawan has announced a streamlining of its executive committee, which going forward will comprise seven members as opposed to nine currently. Under the changes, Shell's integrated gas and upstream businesses will be combined to form a new integrated gas and upstream directorate led by the current upstream director, Zoe Yujnovich.
- 01/30/2023
|
Shell share price forms double-top ahead of earnings
- Shell (LON: SHEL) share price has moved sideways in the past few months as investors watch the price action of oil and gas. The stock was trading at 2,372p, where it has been in the past few days.
- 01/30/2023
|
Stocks to Watch: Philips, Unilever, Shell, Rio Tinto
- Bloomberg's Joe Easton has a rundown of the stocks to keep an eye on today, including Philips, Unilever, Shell and Rio Tinto. He speaks on Bloomberg Television.
- 01/30/2023
|
Shell to reduce size of executive committee from nine to seven members
- By Kyle Morris
- 01/30/2023
|
Shell dividend and other returns in focus in next week's results
- Shell PLC (LSE:SHEL, NYSE:SHEL) could provide an insight into an ongoing strategic review of its home energy and broadband wings when it posts final results on Thursday, 2 February. A review which could ultimately see the subsidiaries wound down, affecting 2mln customers, but barely touching the sides of the wider group's profits and cashflow.
- 01/27/2023
|
Shell mulls retreat from home energy and broadband after 'tough' year
- Shell is mulling the future of its retail energy business in Britain, the Netherlands and Germany putting thousands of jobs potentially at risk. A strategic review is underway of both its home energy arm and its UK broadband, which had just been slated by regulator Ofcom for the number of complaints received (read more).
- 01/27/2023
|
Shell told to 'get grip' on broadband arm by regulator
- Shell's broadband service is still the most complained about in the UK with telecoms regulator Ofcom telling the oil and gas giant ‘to get a grip' on its offshoot. BT and Virgin Mobile got the most complaints in pay monthly mobile while Virgin Media's pay-TV service filled the unwanted top spot in that category.
- 01/26/2023
|
Shell (SHEL), Partners Announce First Gas From Oman Asset
- Gas production from Block 10 is expected to meet Oman's gas shortage and reach 500 million standard cubic feet per day (bscf/d) by mid-2024.
- 01/24/2023
|
Shell USA to Buy EV Charger Firm Volta Inc. for $169 Million, an 18% Premium
- Shell Plc (GB:SHEL, NL:RDS.A) U.S.
- 01/23/2023
|
7 Stocks to Buy on the Fed's Climate Change Concerns
- As major political winds decisively turn green, investors may want to consider doubling down now on sector-relevant stocks to buy. Recently, CNBC published a report noting that “[t]he six largest banks in the U.S. have until the end of July to show the impact that climate change could have on their operations.
- 01/23/2023
|
Shell's (SHEL) Prelude FLNG Restarts First Cargo Since Fire
- After being suspended for almost a month, the oil and gas giant Shell (SHEL) has officially resumed LNG cargo operations at its Prelude FLNG facility.
- 01/23/2023
|
7 Investments To Avoid In 2023
- As is usual at the start of a new year, many Seeking Alpha contributors have shared their lists of where to put your money during 2023. But not losing money with your investments is almost as important as making money.
- 01/20/2023
|
5 Integrated Oil Stocks From the Promising Industry
- High oil price and mild recession expectations are making the outlook for the Zacks Oil & Gas Integrated International industry bright. ExxonMobil (XOM), Chevron (CVX), Shell (SHEL), BP and Eni (E) are well-positioned to make the most of the highly favorable business environment.
- 01/20/2023
|
Shell and SSE ranked lowest for customer satisfaction, says Which?
- Surveying more than 10,000 customers and covering 16 suppliers in Great Britain last October, the consumer choice researcher ranked Shell and SSE jointly next to the bottom in its assessment score. Shell scored 58%, as did SSE, while the lowest score came from Scottish Power, with 51%.
- 01/20/2023
|
Shell needs to pay out more in dividends, claims broker
- Shell's plan to increase dividends by 15% and repurchase more than US$18bln of shares isn't nearly enough to get its share price above rivals, Canadian bank RBC says. “We're not convinced competing on TSR [total shareholder return] is likely to drive material share price outperformance versus peers.
- 01/19/2023
|
Shell (SHEL) Makes Another Splash in the EV Charging Market
- Shell (SHEL) will pay 86 cents for each of Volta's outstanding class A common stock for a total sum of $169 million.
- 01/19/2023
|
Volta stock surges on Shell's acquisition of the EV charging company
- Yahoo Finance anchors Pras Subramanian, Dave Briggs and Seana Smith discuss EV charging company Volta being sold to Shell for $0.86 a share, sending Volta stock higher on the news.
- 01/18/2023
|
Shell snaps up EV charging operator Volta for $169 million
- A U.S.-based subsidiary of oil company Shell is buying EV charging network operator Volta in an all-cash transaction valued at $169 million. Under the terms of the merger agreement, Shell USA Inc. will acquire all outstanding shares of Class A common stock of Volta at $0.86 per share in cash upon completion of the merger.
- 01/18/2023
|
Shell unit to acquire EV charging firm Volta for about $169 mln
- Volta Inc said on Wednesday that a Shell Plc subsidiary would take over the electric vehicle (EV) charging network operator in an all-cash deal valued at about $169 million.
- 01/18/2023
|
Volta rallies after it agrees to be sold to Shell USA
- Volta Inc. VLTA, +9.01% stock jumped 4.5% in premarket trades after the electric vehicle charging network technology company agreed to be acquire by Shell USA SHELL, +0.78% SHEL, -0.35% SHEL, +0.14% for $169 million. Shell USA Inc. will acquire all outstanding shares of Volta for 86 cents a share, an 18% premium to the closing price of Volta stock on January 17 Volta went public in August, 2021, as part of its merger with special purpose acquisition company TortoiseCorp II.
- 01/18/2023
|
Shell and BP involved in UK's first oil and gas licensing round since 2019
- Over one hundred applications for new offshore oil and gas licences were received in the UK's most recent bidding round, according to the North Sea Transition Authority (NSTA). Some 76 different companies submitted 115 bids for North Sea projects, up from 104 applications in the last round in 2019, including from major players Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC (LSE:BP.
- 01/17/2023
|
Here are 3 Integrated Majors Leading the Energy Transition Race
- There are abundant opportunities for energy companies with a footprint in oil and gas resources and the renewable energy space. Three such companies are BP, Shell plc (SHEL) and Eni SpA (E).
- 01/13/2023
|
Beacon Energy posts half-yearly report for period during which the cash shell refocused its strategy
- Beacon Energy PLC (AIM:BCE) has announced its half-yearly report for the six months ended 31 October 2022, a period during which the cash shell company refocused its strategy and substantially reduced its cost base in order to preserve cash and assess its next steps following the disappointing outcome on the Buffalo well announced in January 2022.
- 01/13/2023
|
Shell and BP should pay for carbon emissions storage– report
- Shell and BP among firms called on to take more “responsibility” for emissions Energy firms, such as Shell and BP, should have to pay for carbon storage to help meet global net zero targets, according to a new report. Firms should face “take back” obligations for their emissions, argue scientists from the UK, Netherlands and the US, adding “a huge upscaling in carbon capture and storage” will be needed for targets to be met.
- 01/12/2023
|
Fired Goldman Sachs workers shell-shocked after ‘David's Demolition Day'
- Fired Goldman Sachs workers stumbled out in a daze from the firm's Manhattan headquarters Wednesday as CEO David Solomon brought down the axe on thousands of employees.
- 01/11/2023
|
Shell: Green For The Planet But Not Your Portfolio
- Shell plc has stepped up the pace of share repurchases and increased dividends to reward shareholders amid high oil prices. It is, however, the poorest-performing energy stock when compared with European majors like TTE, BP, and EQNR, and has a low valuation.
- 01/11/2023
|
Shell and BP to be winners from favourable long-term energy trends - JPM
- Oil and sas stocks provide a long-term opportunity according to US bank JP Morgan, despite the likelihood of short-term market corrections after prices shot up last year in the wake of the Ukraine war. Demand should increase this year “and beyond,” while supply risks, including from Russia, have not disappeared, outlined the brokers, suggesting inflated energy prices could reappear.
- 01/10/2023
|
Exclusive: Shell energy transition prompted talks to sell Norway business
- Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters.
- 01/10/2023
|
Dividend Income Summary: Lanny's December 2022 Summary
- A decade of investing is snowballing on its own, but we keep investing as much as we can. In December, we (my wife and I) received a dividend income total of $8,110.03.
- 01/07/2023
|
Shell: The Most Attractive Oil Major
- Shell is valued at the bottom of the range of Western oil majors. The company buys back shares like no tomorrow and pays a 3.57%.
- 01/06/2023
|
Shell warns of a $2.0 billion tax hit in the current quarter
- Shell plc (LON: SHEL) is in focus on Friday after it said the new levies in European Union and the United Kingdom could result in a $2.0 billion tax hit in its fourth quarter.
- 01/06/2023
|
Shell update a mixed bag with strong gas trading offset by weakness in Chemicals - UBS
- UBS analysts have been digesting Shell's trading update today which it described as mixed against its expectations. On the positive side, Shell flagged that Integrated Gas trading is expected to be significantly higher quarter on quarter with the comments suggesting the performance could have been better than UBS expected in the fourth quarter.
- 01/06/2023
|
Shell Expects Natural-Gas Profit Rebounded in Fourth Quarter
- The company projected its natural-gas profit was “significantly higher” than in the preceding three months and said the additional $2 billion impact from European Union and U.K. energy-profit taxes won't hurt quarterly adjusted earnings.
- 01/06/2023
|
Shell to pay out US$2bn in Eu and UK windfall taxes
- Shell PLC (LSE:SHEL, NYSE:SHEL) said it expects to fork out around US$2bn in additional taxes in the fourth quarter due to the windfall taxes imposed in the EU and the UK. But in a trading update the FTSE 100 index heavyweight noted these would be reported as identified items and therefore will not impact quarter four adjusted earnings and will have only a limited cash impact in the quarter given the expected timing of payments.
- 01/06/2023
|
Shell to take $2 billion tax hit for Q4 after integrated gas trading soared
|
Shell to pay $2 billion in additional EU, UK taxes for the fourth quarter
- Oil and gas major Shell said Friday it expects to pay an extra $2 billion in "recently announced additional taxes" for the fourth quarter in the EU and U.K.
- 01/06/2023
|
Shell to pay $2 bln in EU and UK windfall tax in Q4
- Shell expects to pay about $2 billion in additional taxes in the fourth quarter of 2022 related to the European Union and British windfall taxes imposed on the energy sector.
- 01/06/2023
|
Shell vs Chevron stock: One clear winner by far
- Shell (NYSE: SHEL) and Chevron (NYSE: CVX) are some of the biggest oil supermajors with a market cap of over $198 billion and $338 billion, respectively. The two are global operations with assets and partnerships in almost all continents.
- 01/04/2023
|
BP and Shell Are a Buy. Why They're Cheaper Than U.S. Oil Giants.
- The European companies are being punished for their ESG investments, one strategist says.
- 01/02/2023
|
These 20 energy stocks are worth a look if you think oil prices will soar in 2023
- Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the bull market would be sold off, and that oil prices would continue to rise through the end of 2022.
- 12/28/2022
|
Why Energy Stocks Are Moving Up After The Most Recent Slump
- Energy stocks fell sharply. Now they're headed back up.
- 12/25/2022
|
If Energy Stocks Are Undervalued, Is Now The Time To Buy?
- Tesla has been able to generate substantial profit from selling regulatory credits issued by the government.
- 12/23/2022
|
Shell (SHEL) Halts Production at Prelude FLNG Unit Due to Fire
- The output at Shell's (SHEL) Prelude FLNG facility has been disrupted on a few occasions in the past.
- 12/23/2022
|
Shell (SHEL), Eneco to Build 760MW Dutch Offshore Wind Farm
- Shell's (SHEL) joint venture with Eneco receives the permit to build a wind farm offshore the Netherlands.
- 12/20/2022
|
Shell and BP in firing line as institutions join call for big oil to cut emissions
- Shell and BP have again been called out to implement new emissions targets faster after investors managing €1.3trn of their shares joined activist group Follow This in criticising a lack of progress. Six fund managers have joined with the Netherlands-based lobbyist to file motions at the AGMS of BP, Shell and also US peers ExxonMobil and Chevron.
- 12/20/2022
|
Our 10 Favorite Stocks for 2023
- Our 10 favorites from last year handily beat the market. Why we now like Alphabet, Bank of America, Medtronic, and seven others.
- 12/16/2022
|
Shell (SHEL) to Sell Interest in Baram Delta Offshore Malaysia
- Shell (SHEL) agrees to sell its non-operated stake in two offshore production sharing contracts in the Baram Delta to Petroleum Sarawak Exploration & Production.
- 12/16/2022
|
Shell (SHEL) Signs MoU for the Supply of Sulfur to Ioneer
- Shell (SHEL) is set to supply sulfur for Ioneer's Rhyolite Ridge lithium-boron project in Nevada.
- 12/15/2022
|
Shell: An Attractive Way To Participate In The Energy Transition
- Shell has done a decent job in cutting down its debt and remains committed to return value to its shareholders. Its focus on clean energy could pave way for sustained growth in decades to come.
- 12/10/2022
|
Shell vs BP: Which is a better oil and gas stock?
- Shell (LON: SHEL) and BP (LON: BP) are the first and third-biggest oil and gas companies in Europe in terms of market capitalisation. The two have a market cap of over $199 billion and $102 billion, respectively.
- 12/09/2022
|
BP, Shell to Restructure Ownership Interest in Atlantic LNG
- BP and Shell (SHEL), the other members of the consortium, will remain owners of the project's three active liquefaction trains.
- 12/08/2022
|
Shell (SHEL), Ryanair Collaborate for Sustainable Aviation Fuel
- Ryanair is likely to be able to access 360,000 tons of Shell's (SHEL) SAF between 2025 and 2030.
- 12/07/2022
|
Shell: Finally! Proof Their Plan Is Benefiting Shareholders
- It was disappointing early in 2022 when Shell only increased their dividends by a meager 4%. They nevertheless have generated massive amounts of free cash flow thus far, as oil and gas prices reached levels not seen in many years.
- 12/06/2022
|
Shell: Transitioning To Net-Zero And Rewarding Shareholders
- Shell is making a strong energy transition, aiming for net zero emissions by 2050. In addition to fuels, Shell offers renewable energy such as solar, wind, hydrogen, biofuels and geothermal. A Russian oil price cap could boost oil prices, the pronouncement on a likely oil price cap for Russia is scheduled for Dec. 5.
- 12/04/2022
|
Shell (SHEL) To Take Over Nature Energy In $2B Acquisition
- Post this acquisition, Shell (SHEL) will become the owner of Europe's largest producer of RNG from agricultural, industrial and household wastes.
- 12/02/2022
|
SHEL to Review $30B UK Investments Due to the Windfall Tax
- SHEL is likely to review its plan to invest $30 billion (25 billion pounds) in the UK's energy system over the next decade.
- 12/01/2022
|
20 big oil companies expected to be cash gushers in 2023 despite short-term uncertainty
- The energy sector of the S&P 500 has been the year's best performer, yet oil stocks still appear to be inexpensive when compared with those in other industries.
- 11/30/2022
|
Shell to become Europe's largest renewable gas producer – although biogas criticisms remain
- Shell PLC (LSE:SHEL, NYSE:SHEL)'s US$1.9bn buyout of Denmark's Nature Energy will make it Europe's largest producer of renewable natural gas (RNG), marking a large step in the oil giant's transition away from fossil fuels. Operating 14 plants and with a development pipeline of around 30 more, Nature Energy Biogas, is a leader in biomethane and renewable energy production from organic waste and is the largest in Europe, according to Shell, which is set to acquire 100% of the company.
- 11/29/2022
|
Big Oil Is Betting Big Money on This Renewable Fuel
- Oil companies see a bright future for this lower-carbon fuel.
- 11/29/2022
|
Shell to buy leading European biomethane producer Nature Energy Biogas in US$2B deal
- Global energy titan Shell is set to buy Europe's largest renewable gas producer Nature Energy Biogas A/S in a deal worth US$2 billion, in a bid to accelerate the major's net-zero goal. The Denmark-headquartered group operates 14 industrial- scale biomethane plants and an international development pipeline of about 30 plants across Europe and North America.
- 11/28/2022
|
Shell to buy renewable natural-gas producer for $2 billion
- Shell PLC SHEL, +0.07% said Monday that its subsidiary Shell Petroleum NV has agreed to buy Denmark-based renewable natural-gas producer Nature Energy Biogas A/S for 1.9 billion euros, or about $2 billion. Nature Energy is Europe's largest producer of renewable natural gas, also known as biomethane, produced from agricultural, industrial, and household wastes.
- 11/28/2022
|
Shell share price analysis amid oil market woes
- Shell (LON: SHEL) share price has come under intense pressure as the crude oil market faces elevated risks. The stock plunged to a low of 2,300p, which was about 10% below the highest level this month.
- 11/28/2022
|
ESG-Focused Oil Majors Continue To Underperform, Unsurprisingly
- BP and Shell continue to underperform. Likely to continue until strategies change.
- 11/27/2022
|
3 Hydrogen Stocks to Buy Before the Market Starts to Soar in 2023
- Technology advancements have led to a drop in renewable energy costs, and have ushered in an era of green hydrogen production at a massive scale. With its incomparable energy density, hydrogen holds a substantial edge over battery electricity with respect to range, recharging, and emissions.
- 11/23/2022
|
Shell, British Gas and other energy suppliers failing vulnerable customers, says Ofgem
- Energy suppliers are not doing enough to help low-income and other vulnerable customers during what is expected to be an exceptionally difficult winter, according to regulator Ofgem, which found many showed signs of “severe weaknesses”. Ofgem's review included 17 energy firms, including Shell PLC (LSE:SHEL, NYSE:SHEL), which was found to display “moderate weaknesses,” as well as Centrica PLC (LSE:CNA) owned British Gas, Good Energy PLC, Scottish Power and Octopus Energy.
- 11/22/2022
|
Shell wants price guarantee and warns on investment plans after windfall tax hike
- Shell has called for a price backstop to give it a buffer in case oil and prices drop sharply while reviewing its £25bn North Sea investment plans after last week's windfall tax increase. The FTSE 100 giant has seen huge cash inflows due to the elevated prices of oil and gas and with its latest results announced a US$4bn share buyback and 15% dividend hike.
- 11/22/2022
|
Shell Is Doing Everything Right
- Shell is continuing to generate massive FCF as the company's business is buoyed by strong oil and natural gas demand. The company's most recent quarter's FCF has a 15% annualized yield and the company's debt load remains incredibly manageable.
- 11/21/2022
|
A Safe Harbor in Energy
- High oil prices are allowing Harbour Energy PLC ( LSE:HBR , Financial) to generate healthy levels of free cash flow, but the largest oil and gas producer in the U.K.'s North Sea is not getting any love from equity market investors.
- 11/17/2022
|
Is Now the Time to Buy Oil Stocks?
- Oil is down from recent highs, but up from 2020 lows. What is an investor to make of the current market?
- 11/17/2022
|
APA Stock Rises 11% After Q3 Earnings & Sales Top Estimates
- APA's share price goes up 11% after its third-quarter earnings and sales beat the consensus mark.
- 11/16/2022
|
2 Energy Stocks You Can Buy Right Now to Play the EV Boom
- Electric vehicles are on the way, and some big oil stocks look to capitalize on the race to build charging networks.
- 11/12/2022
|
SHEL vs. FUPBY: Which Stock Is the Better Value Option?
- SHEL vs. FUPBY: Which Stock Is the Better Value Option?
- 11/08/2022
|
7 No-Brainer Energy Stocks to Buy for 2023 and Beyond
- Given the dramatic paradigm shifts that occurred in the energy space, investors need to focus on no-brainer energy stocks to buy for 2023 and beyond. Fundamentally, Russia's brazen war in Ukraine poses arguably the biggest challenge due to its hydrocarbon outflow cuts.
- 11/08/2022
|
Goldman downgrades Shell over ‘relatively expensive' valuation versus competitors
- Shares in Shell dropped 2% on Monday as Goldman Sachs downgraded the big oil company as its period of “outperformance” led to “a relatively expensive valuation vs peers,” its analysts said.
- 11/07/2022
|
TotalEnergies leads Shell, BP in renewables race, but shares sag
- French energy giant TotalEnergies has pulled ahead of rivals Shell and BP in the race to build up a renewables business, data collected by Reuters shows.
- 11/07/2022
|
Shell to jointly study East China carbon project with Sinopec, Baowu and BASF
- Shell said on Friday it signed an agreement with Chinese state refiner Sinopec and steel group Baowu as well as German chemical giant BASF to study a carbon capture, utilisation and storage project (CCUS) in East China.
- 11/04/2022
|
Are Investors Undervaluing Shell (SHEL) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/03/2022
|
Shell: Raising The Dividend
- Shell had a solid third quarter. Profits and cash flows remained strong. The company offers a hefty buyback yield and will raise its dividend by double-digits.
- 11/01/2022
|
Shell buys Asia-based waste oil recycler to boost biofuels output
- Shell Eastern Petroleum, a unit of oil giant Shell , said on Tuesday it has acquired Asia-based waste oil recycling firm EcoOils to expand its biofuels production.
- 11/01/2022
|
Dow, energy stocks lead in October growth despite volatile month
- Yahoo Finance's Jared Blikre looks at some of the biggest market movers for the month of October.
- 10/31/2022
|
Can BP keep up shareholder returns to match Shell?
- BP PLC (LSE:BP.) will report third-quarter results tomorrow a week after rival Shell unveiled softer but still massive profits and shareholder returns.
- 10/31/2022
|
Shell: Making Loads Of Cash
- Shell delivered another strong quarter, with Q3 yet again beating analyst consensus. The value thesis for Shell remains strong as the energy giant continues to enjoy record profitability and distributes much of the 'windfall earnings' to shareholders.
- 10/30/2022
|
Shell plc (SHEL) Q3 2022 Earnings Call Transcript
- Shell plc (NYSE:SHEL ) Q3 2022 Results Conference Call October 27, 2022 9:30 AM ET Company Participants Ben van Beurden - CEO Sinead Gorman - CFO Conference Call Participants Irene Himona - Societe Generale Oswald Clint - Bernstein Biraj Borkhataria - RBC Capital Markets Lucas Herrmann - Exane Roger Read - Wells Fargo Giacomo Romeo - Jefferies Amy Wong - Credit Suisse Matt Lofting - JP Morgan Martijn Rats - Morgan Stanley Peter Low - Redburn Henri Patricot - UBS Christopher Kuplent - Bank of America Jason Gabelman - Cowen Alastair Syme - Citi Quirijn Mulder - ING Financial Markets Operator Welcome to Shell's Third Quarter 2022 Financial Results Announcement. Shell's CFO, Sinead Gorman will present the results, then host a Q&A session with CEO, Ben van Beurden.
- 10/27/2022
|
Samsung profit hit by chip decline, Shell to buy back shares, Unilever raises sales forecast
- Yahoo Finance's Julie Hyman breaks down today's leading business headlines as Samsung's earnings were hit by the chip slowdown, Shell reveals a buyback program and dividend hike, and Unilever raises its revenue forecast.
- 10/27/2022
|
4 Integrated Energy Stocks to Gain From the Promising Industry
- High oil price and handsome midstream & downstream businesses are making the outlook for the Zacks Oil & Gas Integrated International industry bright. ExxonMobil (XOM), Chevron (CVX), Shell (SHEL), and BP are well-positioned to make the most of the highly favorable business environment.
- 10/27/2022
|
Shell (SHEL) Wins 9.4% Stake in Qatar's LNG Expansion Project
- Shell (SHEL) obtains a 9.4% participating interest in Qatar's NFS project out of the 25% interest available for international partners.
- 10/27/2022
|
Lloyd's, Shell, 'Lost Year' for UK Pubs: Earnings Recap
- Bloomberg's Joe Easton examines market reaction to earnings from Lloyds Banking Group Plc and Shell Plc and looks at warning on UK pubs from Deutsche Bank AG on Bloomberg Television.
- 10/27/2022
|
'Obscene' profits from Shell leads to call for higher windfall tax
- Calls for Shell PLC (LSE:SHEL, NYSE:SHEL) and other oil and gas companies to pay a higher windfall tax grew louder after its dividend and share buyback announcements took shareholder distributions to US$26bn far the year so far. The FTSE 100-listed oil colossus posted underlying third-quarter profits of US$9.45mln, its second-highest ever, and announced a US$4bn share buyback, a US$0.25 interim dividend and plans for a bigger dividend in the fourth quarter.
- 10/27/2022
|
Shell announces $4 billion share buyback as profits double
- Shell will buy back $4 billion worth of shares and increase its dividend by 15% after posting another gigantic quarterly profit thanks to strong oil and gas prices.
- 10/27/2022
|
Shell, Awash With Cash, to Boost Dividend, Share Buybacks
- The oil giant said it plans to boost its dividend and buy back another $4 billion of its shares in the coming months, as it continues to benefit from strong demand for natural gas in difficult-to-navigate markets.
- 10/27/2022
|
Shell Q3 earnings fall 18% as it declares $4 billion share buyback
|
Shell earnings fall 18% as it kicks off $4 billion buyback
- Shell PLC SHEL, +0.44% on Thursday reported third-quarter earnings that fell 18% on quarter, citing lower trading and margins and higher expenses, and kicked off a $4 billion share-buyback program.
- 10/27/2022
|
Shell announces another US$4bn buyback and plans dividend increase
- Shell PLC (LSE:SHEL, NYSE:SHEL) today kicked off a new US$4bn share buyback announced a US$0.25 interim dividend and said it intends to increase the dividend for the fourth quarter 15% as it continues to reap the rewards of higher global energy prices. The buyback follows US$6bn of shareholder distributions in the third quarter, a period where the oil supermajor saw income attributable to shareholders fall 63% from the previous quarter to US$6.7bn.
- 10/27/2022
|
Oil giant Shell plans to raise dividend as it reports third-quarter profit
- Shell revealed plans to increase its dividend per share by around 15% for the fourth quarter, to be paid out in March 2023.
- 10/27/2022
|
Shell reports $9.5 bln profit, plans to boost dividend
- Shell on Thursday reported a third-quarter profit of $9.45 billion, easing from the previous quarter's record high due to weaker refining and gas trading, and announced plans to sharply boost its dividend by year end. Shell also extended its share repurchasing programme, announcing plans to buy $4 billion of stock over the next three months.
- 10/27/2022
|
Defendant in NJ deli stock fraud case makes $2,500 a month from similar shell company
- James Patten, a defendant in the case of the $100 million NJ deli, is making money from a deal with another shell company.
- 10/26/2022
|
SHEL's Subsidiary Concludes $1.96B Takeover of Shell Midstream
- SHEL's subsidiary, Shell USA, pays $15.85 in cash for each of the common units representing limited partner interests in Shell Midstream not held by Shell USA or its affiliates.
- 10/26/2022
|
Lloyds, Shell, Apple and Amazon on a jam-packed Thursday
- For Lloyds Banking Group PLC (LSE:LLOY), which is due to post a quarterly update on Thursday, an economic downturn is worse for business than for peers like Barclays and HSBC that have less of a focus on traditional banking in the UK. Investors and analysts will be keeping an eye on impairment charges as the bank prepares for more people defaulting on their loan repayments (read the Lloyds preview here), while the lender became the first in the industry to stop direct finance for new oil and gas development.
- 10/26/2022
|
Shell and BP tipped to pour more excess cash into share buy-backs
- Shell PLC (LSE:SHEL, NYSE:SHEL) will later this week spend up more of its excess cash to buy back more of its own equity, that's according to analysts at Jefferies. In order for Shell to meet its shareholder returns target, to pay out over 30% of cash flow from operations, it will need to increase its share buy-back programme by US$1-2bn, at the same time the US investment bank's analysts reckon dividends could increase.
- 10/24/2022
|
SHEL or FUPBY: Which Is the Better Value Stock Right Now?
- SHEL vs. FUPBY: Which Stock Is the Better Value Option?
- 10/21/2022
|
Will Lower Refining Margins Dent Shell (SHEL) Q3 Earnings?
- Per Shell (SHEL), the moderation of refining margins from their spectacular levels earlier in the year may have affected the Chemicals & Products unit's third-quarter results.
- 10/21/2022
|
7 Oil Stock Predictions for 2023
- When considering oil stock predictions for 2023, the arguably logical choice is that valuations for the sector will rise. Fundamentally, skyrocketing inflation this year imposed substantial burdens on consumers.
- 10/20/2022
|
SHEL Should Have Exited Dutch Gas Project Earlier Per CEO
- NAM, the SHEL and Exxon joint venture, cut production at the Groningen field more than a decade ago after realizing that the earthquakes it caused posed too great a threat to life and property.
- 10/18/2022
|
Shell advances to next round of bidding for Danish biogas maker Nature Energy -sources
- Shell is among a number of companies joining a second bidding round to acquire Danish biogas producer Nature Energy, three sources familiar with the matter said, as energy firms race to boost low-carbon businesses.
- 10/18/2022
|
Energy bill surge: Consumers could shell out $14B more this winter
- Cash-strapped consumers, already facing high inflation, may be forced to pay more than $14 billion more on heating and electricity costs this winter compared to last year.
- 10/14/2022
|
Shell (SHEL) Grants EPC Service Contract to Malaysia's MMHE
- A month after Shell's (SHEL) final investment decision to develop the Rosmari-Marjoram gas project offshore Malaysia, the company awards an EPC service contract to MMHE.
- 10/13/2022
|
7 Oil Stocks to Buy as Crude Prices Continue to Rocket
- With Organization of the Petroleum Exporting Countries (OPEC) cutting crude oil production by two million barrels per day, the fundamental framework for oil stocks to buy just turned positive. Naturally, the cut drew criticism from the U.S. as higher hydrocarbon prices helps Russia's military aggression in Ukraine.
- 10/13/2022
|
7 Natural Gas And Energy Stocks For Investors
- With the demand for natural gas increasing globally, we look at natural gas and energy stocks that investors should know about right now to take advantage of this in-demand sector.
- 10/13/2022
|
Oil & Gas Stocks Are Still Good Buys, For a Number of Reasons
- These stocks are likely to generate a significant amount of cash from relative strength in oil prices and return value to shareholders instead of making significant investments in the business.
- 10/12/2022
|
Dividend cover improves for London-listed companies thanks to Shell and BP
- London-listed companies are on average paying dividends with much better support from profits than before the pandemic, thanks to the oil industry, though UK dividend cover is lower than the global average, according to new research. UK dividend cover was below the global average in 2021, according to the dividend report from Henderson International Income Trust, but the likes of Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC (LSE:BP.
- 10/12/2022
|
Best Value Stocks to Buy for October 12th
- AINC, ADV and SHEL made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 12, 2022.
- 10/12/2022
|
Oil And Gas Deals Accelerate As Shell, ExxonMobil Exit California
- Mergers and acquisitions action in the oil patch accelerated during the 3rd quarter of 2022, thanks mainly to a flurry of deals announced during September, according to a report released today by Enverus.
- 10/12/2022
|
7 Energy Stocks to Buy on the Historic OPEC Production Cuts
- The Organization of the Petroleum Exporting Countries (OPEC) and its non-member allies (OPEC+) cut crude oil production by two million barrels per day. Naturally, this action imposes supply flow disruptions that sent prices higher.
- 10/10/2022
|
Is Shell (SHEL) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/10/2022
|
Shell (SHEL), Exxon Partner in Qatar's LNG Expansion Project
- Shell (SHEL) and Exxon are likely to be named as additional partners by Qatar for the second phase of its LNG expansion project in the upcoming weeks.
- 10/10/2022
|
All You Need to Know About Shell's (SHEL) Q3 Earnings Update
- Shell (SHEL) expects third-quarter refining profitability to fall sequentially and hurt earnings.
- 10/07/2022
|
Energy stocks make gains despite supply and demand imbalance
- Jenny Harrington, Jim Lebenthal, Joe Terranova, join 'Halftime Report' to discuss gains in energy stocks, geopolitical issues contributing to supply and demand vulnerabilities, and investment strategies for energy stocks.
- 10/07/2022
|
Shell's Slip Shows Oil and Gas Prices Aren't Everything
- The supermajor's lower trading profits highlight that energy stocks offer an indirect link to commodity markets.
- 10/06/2022
|
Shell (SHEL) Stock Slumps 5% Following Profit Warning
- Very early this morning, Shell (NYSE: SHEL ) released a third-quarter 2022 “update note.” There were plenty of numbers, but not much commentary.
- 10/06/2022
|
Oil & Gas Stock Roundup Headlined by Shell & Enbridge's Renewables Push
- Apart from Shell (SHEL) and Enbridge (ENB), TechnipFMC (FTI), Transocean (RIG) and VAALCO Energy (EGY) hogged the limelight during the week.
- 10/06/2022
|
Shares in Shell fall after warning of lower profits, UBS remains positive
- Shell PLC (LSE:SHEL, NYSE:SHEL) endured a tough on the markets today with shares falling 4.6% after it warned that third quarter profits would be hit by a near halving in refining margins, falling chemical margins and weaker trading in its Integrated Gas business. Broker UBS said the trading update points to a weaker third quarter than it expected primarily driven by results from its Integrated Gas (IG) division where Shell flagged that trading performance is expected to be much lower when compared to the second quarter as a result of seasonality and market volatility.
- 10/06/2022
|
Shell shares slump as integrated gas performance and refining margins fall
- Shares of Shell SHEL, -4.23% SHEL, +0.63% fell as much as 4% as the oil giant said its integrated gas division performance will be much lower than the second quarter, as it also flagged a decline in refining margins. Analysts at UBS said the combined impact is a quarter-on-quarter decline of $1.3 billion to $2 billion in adjusted earnings, versus consensus expectations for a $400 million fall.
- 10/06/2022
|
Shell says gas trading and refining margins to fall in the third quarter
- Shell PLC said Thursday that it expects integrated gas trading and optimization results to fall on quarter, along with refining margins, but for market results to rise.
- 10/06/2022
|
Shell's Q3 results to be hit by weaker refining margins and lower gas profits
- Shell PLC has cautioned that quarter three results, due for release on 27 October, will be dented by a sharp fall in refining margins while results from its Integrated Gas business are expected to be significantly lower compared to the second quarter. In a trading update the oil and gas giant said refining margins in its chemicals and products division were $15/bbl compared to $28bbl in the second quarter which is expected to take between $1.0 billion to $1.4 billion off adjusted EBITDA in quarter three.
- 10/06/2022
|
Weaker refining, gas trading to hit Shell's Q3 results
- Shell said on Thursday its third-quarter profits would be pressured by a near halving of oil refining margins, crumbling chemical margins and weaker natural gas trading.
- 10/06/2022
|
SHEL vs. FUPBY: Which Stock Is the Better Value Option?
- SHEL vs. FUPBY: Which Stock Is the Better Value Option?
- 10/05/2022
|
Shell (SHEL) Picks Japan's Yokogawa as MAC for Hydrogen project
- Shell (SHEL) selects Yokogawa Electric to be the main automation contractor for the construction of its Holland Hydrogen I plant in the Netherlands.
- 10/05/2022
|
Shell increases UK North Sea operation with acquisition of Victory gas discovery
- Shell PLC (LSE:SHEL, NYSE:SHEL) has again increased its footprint in the UK North Sea taking up control of the Victory discovery, a ‘development ready' project in the West of Shetland region. It was confirmed by AIM-quoted Reabold Resources PLC (AIM:RBD), in a statement this afternoon, that Shell was the previously un-named buyer in its £32mln deal to sell Corallian Energy (a vehicle part-owned by Reabold) which held the Victory project.
- 10/05/2022
|
5 Stocks Set to Thrive in the Booming LNG Export Environment
- Shell (SHEL), Chevron (CVX), Cheniere Energy (LNG), Kinder Morgan (KMI) and Energy Transfer (ET) are going to benefit from the increasing global demand for liquified natural gas.
- 10/05/2022
|
Shell share price outlook ahead of the OPEC+ meeting
- Shell (LON: SHEL) share price has one of the best performing stocks in the FTSE 100. It has risen by more than 40%, meaning it has outperformed the Vanguard Energy ETF, which has risen by over 30%.
- 10/05/2022
|
Shell (SHEL) Takes Over Nigerian Renewables Firm Daystar Power
- The acquisition of Daystar will mark Shell's (SHEL) first power sector purchase in Africa.
- 10/04/2022
|
We have the best studios and film products of any streamer, says NBCUniversal's Shell
- Jeff Shell, NBCUniversal CEO, joins 'Squawk on the Street' to discuss Comcast's recent Wall Street downgrade, how robust the Peacock service needs to be, and more.
- 10/04/2022
|
Shell's boss suggests tax on energy companies to help households
- Departing Shell PLC (LSE:SHEL, NYSE:SHEL) boss, Ben van Beurden, said the government should tax energy companies to help the poorest pay for bills. Speaking at an energy conference in London, van Beurden, who is set to leave his role at the end of this year said, “One way or another there needs to be government intervention.
- 10/04/2022
|
3 Integrated Majors Leading the Energy Transition Race
- There are abundant opportunities for energy companies with a footprint in oil and gas resources and the renewable energy space. Three such companies are BP, Shell plc (SHEL) and Eni SpA (E).
- 10/04/2022
|
A substantial production cut likely to come out of OPEC's Vienna meeting
- Bob McNally, president & founder of Rapidan Energy Group, and Helima Croft, head of global commodity strategy at RBC Capital Markets, join 'The Exchange' to discuss expectations for OPEC's upcoming meeting in Vienna, possible cuts to oil output, and the potential congressional response to changes in retail gasoline prices.
- 10/03/2022
|
Energy Firms Pledge to Cut Carbon Emissions to Zero by 2050
- BP plc (BP), Equinor (EQNR), Repsol (REPYY), Shell (SHEL) and Schlumberger (SLB) are some of the oil and gas companies outlining net-zero commitments by 2050.
- 10/03/2022
|
Let's See If Shell Cansolv The Carbon Capture Puzzle
- I discuss the markets for the CO2 sold by carbon capture technologies, including utilization technologies and enhanced oil recovery. Lessons learned from Shell's Boundary Dam capture plant.
- 10/03/2022
|
Best Value Stocks to Buy for October 3rd
- SHEL, JOB and HUBG made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 3, 2022.
- 10/03/2022
|
Shell invests in phase 4 of Gumusut-Kakap deepwater field project off Malaysia
- Sabah Shell Petroleum Co, a Malaysian unit of Shell PLC , on Monday took a final investment decision on phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater offshore development project along with its co-venturers.
- 10/02/2022
|
Shell Remains A Great Investment Opportunity
- Shell has been a great outperformer so far this year. Shell has massive potential over the next few years, supported by its dedication to being net-zero by 2050.
- 09/29/2022
|
Why Oil and Gas Stocks Plummeted Today
- Global recession fears are dragging down even the well-positioned energy sector today.
- 09/29/2022
|
ExxonMobil & Shell Initiate Sale of Offshore Gas Assets
- ExxonMobil (XOM) and Shell (SHEL) are also seeking to divest their stakes in the British southern North Sea gas hub, consisting of the Clipper Leman Alpha hubs and the Bacton terminal in eastern England.
- 09/28/2022
|
Shell (SHEL) Exits Offshore Wind Project With Simply Blue
- British energy major Shell (SHEL) has decided to pull out of its collaboration with Irish renewable energy developer Simply Blue Group for the construction of offshore wind projects in Ireland.
- 09/28/2022
|
Reabold Resources deals into Shell exploration project in North Sea
- Reabold Resources PLC (AIM:RBD) has agreed a low transaction cost acquisition of Simwell Resources Limited, a company which holds interests in four North Sea licences, including one operated by Shell PLC (LSE:SHEL, NYSE:SHEL) that has some near-term promise. Simwell owns 30% of licence P2332 which is operated by Shell and is positioned adjacent to the licence hosting the Pensacola well – where Shell and AIM-quoted Deltic Energy are testing a significant gas target.
- 09/28/2022
|
4 Low Price-Book Ratio Stocks
- Screening for stocks with market caps over $10 billion and price-book ratios near or below 1.5 could provide a good starting point for value investors as they seek to find opportunities among the myriad of U.S.-listed stocks. Thus, value investors may want to consider the following stocks, as they meet the above criteria and are recommended by Wall Street.
- 09/26/2022
|
Meet the Ukrainian executive who invited his country's military to shell his own Russian-occupied home
- That's Ukrainian businessman Andrey Stavnitser, in an interview Thursday with the MSNBC show “Morning Joe”; the “them” is the Ukrainian military; and the “one thing” he is referring to is volunteering his own home for destruction.
- 09/22/2022
|
Shell (SHEL) Resumes Shipments From Prelude FLNG Post Strike
- The cargo shipment is the first in two months for Shell's (SHEL) Prelude FLNG facility.
- 09/22/2022
|
GSK to shell out an initial US$75mln to gain rights to a next-generation antibiotic
- GSK PLC (LSE:GSK, NYSE:GSK) has inked a licensing deal with a Cambridge, Massachusetts, biotech that will give it access to an oral antibiotic for complicated urinary tract infections. The UK group is paying Spero Therapeutics Inc an initial US$66mln to licence the latter's tebipenem pivoxil hydrobromide, which is about to enter phase III clinical trials.
- 09/22/2022
|
Putin threat boosts FTSE 100 as BAE Systems, oil producers rise
- Defense contractor BAE Systems BA, +5.47% was the top performing FTSE 100 stock in midday trade, rallying over 5% after Russian President Vladimir Putin announced a partial mobilization of troops and threatened the west with nuclear weapons. Gains for Shell SHEL, +2.43% and BP, +1.89% also buoyed the U.K. index UKX, +0.86% , up 0.8%.
- 09/21/2022
|
Shell: The Cycle Is Turning
- The Shell share price has risen by 33% YoY, but since mid-2022, it has largely been trading flat, raising the question of whether the best is over for it. Its strong correlation with oil prices coupled with a poor macroeconomic outlook for 2023 suggests bad news, though elevated gas prices could sustain it a bit longer.
- 09/20/2022
|
Shell: Out For Superior Energy Portfolio Growth Through The Coming Century
- A friendly reminder that Shell will be reporting FQ3'22 earnings in October 2022. Shell is indeed embarking on an ambitious journey to remaining relevant in the energy market over the coming century, both in conventional and renewable industries.
- 09/20/2022
|
Shell (SHEL) to Extend Maersk Drillship Contract for 6 Months
- Shell (SHEL) takes a contract extension option for the ultra-deepwater Maersk Voyager drillship for work offshore Mexico.
- 09/20/2022
|
Shell: Trading At 4.7x Forward Earnings, Buying Back $6 Billion Shares, And A New CEO Incoming
- The CEO of Shell, Ben van Beurden, is stepping down at the end of 2022. Wael Sawan, head of integrated gas, renewables, and energy solutions, will become the new CEO.
- 09/20/2022
|
Shell (SHEL) to Replace Current CEO With Wael Sawan in 2023
- Ben van Beurden is likely to be succeeded by Wael Sawan as Shell's (SHEL) CEO from January 2023.
- 09/19/2022
|
Golar: A Cheap LNG Play
- Last week, I wrote about a cheap opportunity in the liquefied natural gas (LNG) space which is currently experiencing explosive growth thanks to growing demand from Europe and Asia: Dynagas LNG Partners LP ( DLNG , Financial), which was trading 40% below its book value.
- 09/16/2022
|
Governments urged to act after oil giants accused of misleading public
- Documents suggest Shell and BP staff privately downplayed public commitments on climate crisis
- 09/16/2022
|
For Shell's Priorities, Follow the Money
- A big, green step forward seems likely under the new CEO, but for the company's true priorities, investors should watch its spending.
- 09/15/2022
|
Shell taps new CEO, Disney looks to merge Hulu and Disney+, McDonald's CEO speaks on Chicago crime
- Yahoo Finance Julie Hyman reports the latest notable business headlines including Shell recruiting former employee Wael Sawan as the company's next CEO, Disney CEO Bob Chapek considering a Hulu-Disney+ merge, and McDonald's CEO Chris Kempczinski speaking out against the effects crime in Chicago is having on employees.
- 09/15/2022
|
Our 7 Favorite Oil Stocks Heading Into Q4
- When it comes to the overriding narrative of oil stocks to buy in 2022, the framework points to an obvious catalyst: Russia, Russia, Russia. With its invasion of neighboring Ukraine, the action tilted the energy market off kilter.
- 09/15/2022
|
Shell appoints from within, but why do giant companies love in-house recruitment?
- Shell PLC (LSE:SHEL, NYSE:SHEL) today confirmed the departure of Ben van Beurden, ending a 39-year association with the Anglo-Dutch oil major, nine of them as its chief executive. His replacement will be Wael Sawan, who runs its gas, renewables and energy solutions business, with effect from the start of next year.
- 09/15/2022
|
Shell Oil names Wael Sawan new CEO
- Shell has named 25 year company veteran Wael Sawany as CEO, taking over for Ben van Beurden at the end of the year.
- 09/15/2022
|
Shell CEO Steps Down. The Energy Giant's Renewables Boss Will Take Over.
- Shell's CEO Ben van Beurden will step down at the end of the year and be replaced by the energy giant's head of integrated gas and renewables Wael Sawan.
- 09/15/2022
|
Shell Plc Wael Sawan to be next CEO
- Shell PLC said Thursday that it has appointed Wael Sawan as its next chief executive, effective Jan. 1.
- 09/15/2022
|
Shell confirms the exit of CEO Ben van Beurden
- Shell PLC (LSE:SHEL, NYSE:SHEL) has confirmed the departure of Ben van Beurden, ending a 39-year association with Anglo-Dutch oil major, nine of them as chief executive. He will be replaced by Wael Sawan, who currently heads the company's gas, renewables and energy solutions business.
- 09/15/2022
|
Shell CEO Ben van Beurden to step down at the end of the year, Wael Sawan appointed as his successor
- Oil giant Shell on Thursday announced that CEO Ben van Beurden will step down at the end of the year after nearly a decade at the helm.
- 09/15/2022
|
3 Hydrogen Stocks to Buy for the $11 Trillion Breakout
- [Editor's note: “3 Hydrogen Stocks to Buy for the $11 Trillion Breakout ” was previously published in July 2022 . It has since been updated to include the most relevant information available.
- 09/14/2022
|
5 Energy Companies That Could Lift Shareholder Payouts
- Bigger dividends could boost the shares of TotalEnergies, Marathon Petroleum, Shell, HF Sinclair, and Darling Ingredients, says an analyst.
- 09/14/2022
|
Key questions remain around future oil supply, says RBC Capital's Helima Croft
- Helima Croft, head of global commodity strategy at RBC Capital Markets, joins CNBC's 'Squawk Box' to discuss moves in energy prices following August's inflation report, which showed a sharp decline in gasoline prices
- 09/14/2022
|
LNG Is Fueling Explosive Growth for This Dividend Stock
- The LNG company unveils its long-term vision.
- 09/14/2022
|
7 Energy Stock Picks to Beat the September Market Slump
- With myriad factors impacting the equities sector this month, investors may want to turn to relevant energy stock picks to beat what could be several tricky sessions in September. While not dismissing the pertinence of other segments, the energy market may rise on several key catalysts.
- 09/13/2022
|
The best FTSE 100 dividend stocks I'd buy today
- The FTSE 100 index has barely moved in 2022 as investors battle multiple concerns. For example, the British pound (GBP/USD) has crashed to the lowest level since the 1980s while inflation has soared to a four-decade high.
- 09/13/2022
|
Want a Tesla Solar Roof? You may need to shell out for a Powerwall first
- At Tesla, the company's stock price apparently isn't the only thing that's climbing lately. Powerwall sales are also poised to rise, now that the automaker's big batteries are reportedly a prerequisite for new Solar Roof installations.
- 09/12/2022
|
As Hydrogen Takes Off, Bet Early to Win Big
- Source: Audio und werbung / Shutterstock [Editor's note: “As Hydrogen Takes Off, Bet Early to Win Big ” was previously published in August 2022 . It has since been updated to include the most relevant information available.
- 09/12/2022
|
Should You Buy Liquefied Natural Gas Stocks Right Now?
- Russia's cutting the gas supply to Europe isn't the only risk -- or massive opportunity -- tied to investing in LNG stocks.
- 09/11/2022
|
Shell (SHEL) to Proceed With Gas Project in Offshore Malaysia
- Shell (SHEL) is likely to own an 80% ownership stake in the new project, the first gas of which is expected in 2026.
- 09/07/2022
|
Shell (SHEL) to Exit Major Russian LNG Project, Gain Nothing
- Shell (SHEL) is likely to be able to meet its LNG supply commitments irrespective of its participation in the Sakhalin-2 liquefied natural gas project.
- 09/06/2022
|
Exclusive-Shell, Exxon launch sale of major Dutch gas venture -document
- Shell and Exxon Mobil have put up for sale one of Europe's largest and oldest natural gas production ventures, betting on soaring energy prices amid tensions with Russia to attract buyers, according to a document and industry sources.
- 09/06/2022
|
Shell boss to step down next year - report
- Shell PLC (LSE:SHEL, NYSE:SHEL) chief executive Ben van Beurden is set to step down next year when he reaches 65, reports today indicated. At the helm of the oil and gas giant for ten years, van Beurden has endured a roller coaster ride including the company's first dividend cut since the Second World War, switching its HQ from the Netherlands to London and piloting Shell's transition away from fossil fuels towards renewables.
- 09/02/2022
|
Exclusive-Shell's CEO van Beurden prepares to step down next year -sources
- Shell has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the helm of the giant energy firm, two company sources told Reuters.
- 09/02/2022
|
Exxon, Shell sell California oil joint venture to asset manager IKAV
- HOUSTON (Reuters) -Exxon Mobil Corp and Shell PLC on Thursday confirmed the sale of their California oil joint-venture Aera to German asset manager IKAV, ending a 25-year-long partnership that was one of the largest oil producers in the state.
- 09/01/2022
|
Exxon, Shell close to selling California oil and gas venture Aera - sources
- Exxon Mobil Corp has joined Shell Plc in seeking to divest their Aera joint venture, and the duo are in advanced talks with a buyer for the California oil and gas producer, three people with knowledge of the matter said.
- 08/31/2022
|
Shell chief warns European gas shortages will last several winters
- Shell PLC (LSE:SHEL, NYSE:SHEL) chief executive Ben van Beurden has warned that energy shortages in Europe are likely to persist for several winters to come even as governments across the continent are seeking alternative energy sources to help alleviate shortages. Reductions in Russian gas supply since the invasion of Ukraine have plunged European countries into a devastating energy crisis, resulting in high wholesale prices and the highest inflation rates since the 1980s for consumers.
- 08/30/2022
|
2 Energy Companies Directly Benefiting From the Transition to Electric Vehicles
- You could try to find a niche name in the EV space -- or how about two companies with massive experience fueling autos?
- 08/28/2022
|
This Ultra-High-Yielding Dividend Stock Is Making Big Strides to Supercharge Growth
- The energy company continues to get closer to approving a big project.
- 08/26/2022
|
Oil Companies Focus On Buybacks Before Production Increases
- Oil companies are focusing on returning money to investors over increasing oil production. The post Oil Companies Focus On Buybacks Before Production Increases appeared first on Investor's Business Daily.
- 08/25/2022
|
Shell fined by UK energy watchdog for charging customers above the price cap
- The retail arm of Shell PLC (LSE:SHEL, NYSE:SHEL) has been fined by Ofgem, the UK's energy regulator, for charging 11,275 customers more than the price cap. A fine of £536,970 has been levied on Shell Energy Retail, which supplies gas, electricity and broadband, after its overcharged the prepayment customers due to “operational errors” for periods of time between January 2019 and September 2022.
- 08/25/2022
|
A Trillion-Dollar Opportunity
- Like investing in the smartphone market before the iPhone
- 08/23/2022
|
Shell: Strong Fundamentals Indicate 30% Upside
- Shell plc trades at an approximate 70%-100% discount to US oil majors and is valued at one year forward P/E of < x5. This discount is not justified, in my opinion, because European and US oil majors equally share exposure to the oil price.
- 08/19/2022
|
Shell: The Best Is Still Coming With $22B Of Hidden Value
- Thanks to their booming cash flow performance, Shell announced a very large $6b share buyback program for the third quarter of 2022. I would have preferred special dividends, although it was still positive to see management state that these share buybacks will increase their future dividend growth.
- 08/19/2022
|
Shell (SHEL) Withdraws Investment From Port Kembla Hydrogen Hub
- Shell plc (SHEL) pulls out from BlueScope's Port Kembla hydrogen hub project.
- 08/17/2022
|
Shell (SHEL) Postpones Prelude LNG Turnaround Until Next Year
- Shell plc (SHEL) has announced that it is deferring the planned maintenance work at the Prelude floating liquefied natural gas facility.
- 08/15/2022
|
Oil Price Fundamental Daily Forecast – Shell, Chevron to Ramp Up Production Following Last Week's Leak
- Crude oil prices fell on Friday after news broke that the two pipelines shutdown on Thursday would be brought back online before the weekend.
- 08/14/2022
|
Get Ready to Shell Out for the ‘iPhone Killer'
- Source: Led Gapline / Shutterstock [Editor's note: “Get Ready to Shell Out for the ‘iPhone Killer' ” was previously published in December 2021 . It has since been updated to include the most relevant information available.
- 08/12/2022
|
Why Hasn't TotalEnergies Boosted Its Dividend Like BP and Shell?
- The oil sector is doing great and European energy giants are rewarding investors with big dividend hikes. Why is TotalEnergies being stingy?
- 08/12/2022
|
Shell closes three Gulf of Mexico rigs after 'small' leak
- Shell and Chevron both closed deepwater oil rigs in the Gulf of Mexico following what they said was a leak that took two pipelines offline. Shell emphasised that the leak was small with the amount of oil released approximately two barrels and that it expected the pipelines to be back in service today.
- 08/12/2022
|
Shell and Chevron shut Gulf of Mexico oil platforms after leak halts pipelines
- Shell and Chevron both said on Thursday that the companies halted oil production at several platforms in the Gulf of Mexico following a leak that knocked a pair of pipelines offline.
- 08/11/2022
|
Shell says oil output halted at three Gulf of Mexico platforms on pipeline outage
- A leak shut pipelines in the Gulf of Mexico, causing Shell to halt production at three of its deepwater platforms.
- 08/11/2022
|
Shell says oil output halted at three Gulf of Mexico platforms on pipeline outage
- Oil major Shell said it had halted production at three of its U.S. Gulf of Mexico deep-water platforms after pipelines connecting the three were shut.
- 08/11/2022
|
Is Shell (SHEL) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/11/2022
|
Shell, BP, British Gas bosses summoned by government with talk of new windfall tax
- An increased windfall energy tax may be back on the agenda with energy bosses set for talks with the government on how they aim to tackle soaring bills. Education secretary James Cleverly told Sky News that chancellor Nadhim Zahawi and business secretary Kwasi Kwarteng will meet the leaders of energy companies, such as BP, Shell and Centrica, as analysts now forecast energy bills to break £4,500 next year.
- 08/10/2022
|
Energy Companies Report Impressive Earnings
- Energy earnings have come in fast and furious over the past two weeks – and their results have not disappointed. This shouldn't be too much of a surprise, as according to FactSet, the energy sector's blended earnings growth rate during this period increased to a whopping 290.3%.
- 08/06/2022
|
As Hydrogen Takes Off, Bet Early to Win Big
- Source: Audio und werbung / Shutterstock [Editor's note: “As Hydrogen Takes Off, Bet Early to Win Big ” was previously published in May 2022 . It has since been updated to include the most relevant information available.
- 08/04/2022
|
Shell to award staff for record profits with one-off bonus
- Shell PLC (LSE:SHEL, NYSE:SHEL) will give almost all staff a one-off bonus after the oil company reported record profits as energy prices continue to rocket. The oil and gas giant said 82,000 staff members are entitled to the 8% bonus – but the top brass are excluded.
- 08/04/2022
|
Midstream Weekly Recap: Midstream Equities Soar, Energy Sector Posts Record Earnings
- Midstream surged 7.3% higher during the week, with every midstream equity in our coverage universe posting a gain. Second-quarter energy sector earnings are hitting records.
- 08/03/2022
|
Climate Action 100+: Mega Activist Investors
- Climate Action 100+ is an institutional investor-led reporting framework focused primarily on the largest greenhouse gas emitting corporate issuers. Information can be found on the largest greenhouse gas emitting corporate issuers from 2017 to the present day.
- 08/02/2022
|
Shale Oil Stocks Drop Ahead Of Quarterly Earnings
- Shale oil producers will be reporting quarterly results this week, coming on the heels of energy giants Exxon Mobil, Chevron and Shell all posting record profits.
- 08/01/2022
|
Cramer explains why Big Oil is a buy as prices slump
- 'Mad Money' host Jim Cramer and the 'Squawk on the Street' team break down shares of big oil companies as oil prices slump and the energy sector lags.
- 08/01/2022
|
7 Oversold Energy Stocks to Buy Now
- With energy prices down from their multi-year highs, bullishness for stocks in the space has cooled recently. Shares that spiked in tandem with soaring crude oil and natural gas prices have pulled back.
- 08/01/2022
|
7 Oil Stocks to Buy on the Dip
- Although soaring gasoline prices represented one of the signature pain points of the year so far, the crippling inflation rate has finally seeped into the hydrocarbon energy sector's demand profile, thus leading to unusual weakness in pricing. Nevertheless, this favorable dynamic for consumers may not last that long — thus inviting a look at oil stocks to buy on the dip.
- 07/31/2022
|
Exxon, Chevron, Shell profits soar on oil's surge
- Energy firms ExxonMobil, Chevron and Shell all saw profits jump last quarter, when strong oil demand drove gas prices to the highest on record.
- 07/29/2022
|
Shell PLC (SHEL) CEO Ben Van Beurden on Q2 2022 Results - Earnings Call Transcript
- Shell PLC (NYSE:SHEL ) Q2 2022 Earnings Conference Call July 28, 2022 10:00 AM ET Company Participants Ben Van Beurden - CEO & Director Sinead Gorman - EVP, Finance Upstream, CFO & Director Conference Call Participants Lydia Rainforth - Barclays Bank Biraj Borkhataria - RBC Capital Markets Christyan Malek - JPMorgan Chase & Co. Jason Kenney - Banco Santander Christopher Kuplent - Bank of America Merrill Lynch Irene Himona - Societe Generale Henri Patricot - UBS Amy Wong - Crédit Suisse Lucas Herrmann - BNP Paribas Exane Martijn Rats - Morgan Stanley Peter Low - Redburn Roger Read - Wells Fargo Securities Giacomo Romeo - Jefferies Paul Cheng - Scotiabank Operator Welcome to Shell's Second Quarter 2022 Financial Results Announcement. Shell's CEO, Ben van Beurden; and CFO, Sinead Gorman, will present the results, then host a Q&A session.
- 07/28/2022
|
Jack Ma to relinquish Ant Group, Allergan settles opioid lawsuit, Shell posts record profits
- Yahoo Finance anchor Julie Hyman reports the latest notable business headlines include billionaire Jack Ma planning to relinquish control of fintech giant Ant Group, Pharmaceutical company Allergan settling a $2 billion opioid lawsuit, Barclays set to pay $200 million in penalties to U.S. regulators, and Shell continuing to benefit from rising oil and gas prices as the company posts record earnings.
- 07/28/2022
|
Shell (SHEL) Breezes Past Q2 Earnings Estimates, Ups Buyback
- Shell (SHEL) generated cash flow from operations of $18.7 billion, returned $1.9 billion to its shareholders through dividends and spent $6.7 billion on capital projects.
- 07/28/2022
|
Shell (SHEL) to Move Ahead With the Jackdaw Gas Field Project
- Shell's (SHEL) Jackdaw gas field, which is anticipated to come online by mid-decade, can provide 6% of the United Kingdom's total gas output.
- 07/28/2022
|
Shell Posts Record Quarterly Profit of $11.5 Billion
- Big oil has been a beneficiary of soaring energy prices.
- 07/28/2022
|
Shell CEO explains how the company is making record profits despite global strife
- Ben van Beurden, CEO of Shell, discusses the record $11.5 billion profit it made in the second quarter.
- 07/28/2022
|
Shell, Total continue buyback bonanza after record profits
- Europe's biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their second-quarter profits beat an already record-breaking previous quarter on the back of soaring crude, gas and oil product prices.
- 07/28/2022
|
Shell reveals 154% rise in Q2 income amid soaring fuel prices
- Shell PLC (LSE:SHEL, NYSE:SHEL) second quarter results, as expected, revealed the full heft of its earnings in the current environment of high oil and gas prices – with income attributable to shareholders reaching just over US$18bn for the second quarter, up from US$7.1bn in the prior three-month period. Year-on-year it represents a 154% rise, versus what now reads as a paltry US$3.42bn.
- 07/28/2022
|
Shell reports record profit of $11.5 billion
- Shell on Thursday reported a profit of $11.5 billion for the second quarter, beating expectations, lifted by strong refining profits and energy prices.
- 07/28/2022
|
Shell Midstream Partners Stock Spikes As Shell Announces Buyout
- Shell Midstream Partners stock climbed 10% Tuesday after Shell agreed Monday to acquire the company in a $2 billion buyout deal. The post Shell Midstream Partners Stock Spikes As Shell Announces Buyout appeared first on Investor's Business Daily.
- 07/26/2022
|
Shell share price outlook: should you buy this dip
- Shell (LON: SHELL) share price has dropped sharply in the past few weeks as the price of crude oil and natural gas pulled back. The stock has dropped from the year-to-date high of 2,460p to the current 2,025p, giving it a market cap to about £148 billion.
- 07/25/2022
|
7 Best Natural Gas Stocks to Buy Now
- Although headwinds have weighed on hydrocarbons recently, the best natural gas stocks to buy now are banking on longer-term catalysts. The post 7 Best Natural Gas Stocks to Buy Now appeared first on InvestorPlace.
- 07/24/2022
|
Will Shell (SHEL) Earnings Top Expectations Again in Q2?
- In the second quarter, Shell (SHEL) is expected to reverse $3.5-4.5 billion in impairment charges that it took during the pandemic.
- 07/22/2022
|
Big Oil set to open cash taps with another record quarter
- Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and gas prices.
- 07/21/2022
|
The Top-Rated Consumer Defensive Stocks With Yield Above 3.5%
- We like using stock screens to look for investing ideas, not so much to find new investments but to remind us (after all these years) of good investments and, more specifically, the right investments for the right times.
- 07/21/2022
|
Exclusive: Shell places U.S. Gulf of Mexico assets up for sale - sources
- Shell is exploring a sale of its stakes in two U.S. Gulf of Mexico oil and gas developments which could raise as much as $1.5 billion for the energy major, people familiar with the matter said on Wednesday.
- 07/20/2022
|
Shell: The Hyper-Growth, Green Energy Empire
- Shell is quietly building a green energy empire. Green hydrogen, renewables, and EV charging should scale rapidly on the back of government credits and industry tailwinds. The company's CEO recently called its shares "significantly underpriced" and is considering boosting shareholder returns as cash flow gushes in.
- 07/20/2022
|
Why Nobody Wants to "Drill, Baby, Drill"
- Gasoline prices are high for consumers, but why don't oil companies want to drill for more oil? There's a good reason.
- 07/20/2022
|
Shell to stop paying Prelude LNG workers from Monday, after industrial action extended
- Shell Plc has told workers at its Prelude floating liquefied natural gas (FLNG) facility it will stop paying them as of Monday if they are not on site, a Shell spokesperson said on Wednesday.
- 07/20/2022
|
Workers at Shell's Prelude LNG extend industrial action to Aug. 4 - Offshore Alliance
- Workers at Shell Plc's Prelude floating liquefied natural gas (FLNG) facility off northwestern Australia have extended industrial action to Aug. 4 over a prolonged pay fight, the Offshore Alliance said on Wednesday.
- 07/20/2022
|
Shell: The H2 'Will O' The Wisp'
- Shell is pursuing development of several large scale green hydrogen plants. Although they are experienced with big projects, there are pitfalls that could keep them from being profitable. We look at other key aspects of the company for an investment thesis at current prices.
- 07/19/2022
|
Shell: Monster Cash Returns Coming Next Week, Shares Should Rally
- Despite their solid financial performance and the very strong operating conditions in early 2022, Shell only provided a meager 4% dividend increase when reporting their first quarter results. In the lead-up to their second quarter results, their CEO recently talked about wanting to share more of their profits with shareholders.
- 07/18/2022
|
This Oil Stock Is Making a Massive Bet on Natural Gas
- The company sees a bright future for that cleaner-burning fuel.
- 07/17/2022
|
6 Stocks to Invest In for the Second Half of 2022
- After a wild start to 2022, here are some of the most compelling narratives that undergird the stocks to invest in for the second half. The post 6 Stocks to Invest In for the Second Half of 2022 appeared first on InvestorPlace.
- 07/17/2022
|
Here's Why Shell (SHEL) is Poised for a Turnaround After Losing 12% in 4 Weeks
- The heavy selling pressure might have exhausted for Shell (SHEL) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
- 07/15/2022
|
5 Energy Stocks From the Promising Integrated Oil Industry
- High oil price and mild recession expectations are making the outlook for the Zacks Oil & Gas Integrated International industry bright. ExxonMobil (XOM), Chevron (CVX), Shell (SHEL), BP and Eni (E) are well-positioned to make the most of the highly favorable business environment.
- 07/14/2022
|
Europe may have to ration energy as Vladimir Putin is able and willing to weaponize supplies, Shell CEO says
- "I think we will be facing a really tough winter in Europe," said Shell CEO Ben van Beurden.
- 07/14/2022
|
Shell (SHEL) to Shut Prelude FLNG Over Industrial Dispute
- Shell (SHEL) completely shuts down the Prelude FLNG facility as workers extend industrial action to Jul 21.
- 07/13/2022
|
Market check: Energy stocks in the red as dollar strengthens
- Yahoo Finance's Ines Ferré discusses energy stocks and semiconductor stocks in midday trading. Yahoo Finance's Ines Ferré discusses energy stocks and semiconductor stocks in midday trading.
- 07/12/2022
|
Forget Occidental Petroleum: Here Are 4 Better Oil Picks
- OXY has been a strong performer this year. But it is by far not the best energy investment out there. Buffett has been buying, but his reasoning may be different compared to what retail investors are focusing on.
- 07/12/2022
|
7 Blue-Chip Stocks to Buy After Last Month's Massive Beating
- These seven blue-chip stocks are among the most valuable and stable options on Wall Street right now. So investors should take a closer look.
- 07/11/2022
|
Shell: I Like Their Hydrogen Plan
- European majors (Shell, BP, etc.) are moving toward the clean energy transition much faster than their American counterparts (Exxon Mobil, Chevron, etc.). Shell announced plans to build Europe's largest renewable hydrogen plant, and I believe that is a great investment.
- 07/11/2022
|
Shell (SHEL) to Build Largest Hydrogen Plant in the Netherlands
- Shell's (SHEL) hydrogen plant in the Netherlands is likely to produce up to 60,000 kilograms of renewable hydrogen per day.
- 07/11/2022
|
Got $10,000? 2 Top Oil Stocks to Buy for the Long Term
- Here are two different ways to make a long-term play in the oil space.
- 07/08/2022
|
Shell (SHEL) to Take Part in Qatar's LNG Expansion Project
- Shell (SHEL) to take a 6.25% interest in the North Field East expansion megaproject for an undisclosed consideration.
- 07/08/2022
|
Shell (SHEL) Sees Soaring Margins in Preliminary Q2 Earnings
- Shell (SHEL) said that refining profitability should be quite strong in the second quarter, with margins surging due to global capacity shortage.
- 07/08/2022
|
Best Momentum Stocks to Buy for July 7th
- BANR and SHEL made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 7, 2022.
- 07/07/2022
|
Shell just reaped an extra $1 billion from oil refining in 3 months as gas prices at the pump skyrocketed
- Oil giant Shell was a major winner from the run-up in fuel prices, with refining margins almost tripling to $28 a barrel in the second quarter.
- 07/07/2022
|
Best Value Stocks to Buy for July 7th
- BP, SHEL, and CVGI made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 7, 2022.
- 07/07/2022
|
New Strong Buy Stocks for July 7th
- BP, ING, SHEL, BANR and TITN have been added to the Zacks Rank #1 (Strong Buy) List on July 7, 2022.
- 07/07/2022
|
Goldman Sachs Still Sees $140 Oil: 8 Dividend Energy Giants On Sale Now
- The big oil giants have been hit hard by recession fears. That is music to the ears of beleaguered consumers who have been paying $5 a gallon and more for gasoline in some parts of the country.
- 07/07/2022
|
Shell to build Europe's 'largest' renewable hydrogen plant to help power Dutch refinery
- Company says the facility will be "Europe's largest renewable hydrogen plant" when operations start in 2025.
- 07/07/2022
|
Shell says renewables generated US$400-900mln of earnings in Q2, investors made to wait for oil and gas earnings
- SShell PLC (LSE:SHEL, NYSE:SHEL) said it expects to generate adjusted earnings of between US$400mln and US$900mln from renewables and its energy solutions businesses for the second quarter, otherwise, the company's second quarter trading update (its second under a new scheme for guiding the market), is like a jig-saw without all the pieces. Whilst earnings guidance is being provided indirectly, based on expert consensus, later this month (July 21), the energy supermajor said that upstream oil and gas production for the quarter will amount to 1.85mln to 1.95mln barrels of oil equivalent per day along with integrated gas production of 0.93mln to 0.98mln boepd.
- 07/07/2022
|
Shell upgrades value of oil and gas assets by up to $4.5 billion
- Shell on Thursday said it will reverse up to $4.5 billion in writedowns on oil and gas assets after it raised its outlook for energy prices in the wake of Russia's invasion of Ukraine.
- 07/07/2022
|
Shell begins construction on 'Europe's largest renewable hydrogen plant'
- Shell PLC (LSE:SHEL, NYSE:SHEL) said it is starting construction on a renewable hydrogen plant in the Netherlands that will be Europe's largest once it is operational in 2025. Named Holland Hydrogen I, the energy giant said the 200-megawatt electrolyser in Rotterdam would be able to produce 60,000 kilograms of renewable hydrogen per day.
- 07/06/2022
|
Shell to start construction of renewable hydrogen plant in Netherlands
- Shell Plc said on Wednesday it would start building a renewable hydrogen plant, which it said would be Europe's largest once its operational in 2025, in the port of Rotterdam.
- 07/06/2022
|
Why Shell Shares Are Getting Hammered Today
- Shell PLC (NYSE: SHEL) shares are trading lower by 7.03% to $48.25 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns.
- 07/05/2022
|
3 Top Cyclical Stocks To Watch In The Stock Market This Week
- Check out these top cyclical stocks in the stock market today.
- 07/05/2022
|
Three Hydrogen Stocks to Buy for the $11 Trillion Breakout
- The clean energy revolution is about to kick into hypergrowth mode, and these three hydrogen stocks are ready to soar because of it. The post Three Hydrogen Stocks to Buy for the $11 Trillion Breakout appeared first on InvestorPlace.
- 07/05/2022
|
Industrial Action Disrupts Shell's (SHEL) FLNG Operations
- The interruption at Shell's (SHEL) Prelude FLNG facility due to industrial action is likely to add to the woes of the already troubled global LNG supply.
- 07/05/2022
|
Three (3) Top-Rated Dividend Payers Worth Your Attention
- If you are positioning yourself for the second half of 2022 and for 2023 we urge quality over quantity. While not all segments and industries are in peril, it is also true that not all companies within well-positioned groups will do well.
- 07/05/2022
|
Shell and BP to deliver even greater profits and shareholder returns for Q2 - analyst
- Soaring profits mean Shell PLC (LSE:SHEL, NYSE:SHEL) may possibly announce a ‘double-digit' percent dividend increase whilst BP PLC (LSE:BP.) may possibly boost the size of its US$2.5bn share buy-back programme by 50%, that's according to analysts at American investment bank Jefferies.
- 07/01/2022
|
3 Great Foreign Companies to Invest in Right Now
- If you are looking to add a bit of geographic diversification to your portfolio, this trio of dividend stocks should be on your radar today.
- 07/01/2022
|
Russia's swoop on Sakhalin-2 gas plant threatens to push out big stakeholder Shell
- Vladimir Putin's move to seize the liquefied natural gas (LNG) facility could push out foreign stakeholders including Shell, Mitsui, and Mitsubishi.
- 07/01/2022
|
Shell suspends sale of Nigerian onshore oil assets
- Shell has suspended plans to sell its onshore oil assets in Nigeria until the outcome of an appeal to a Supreme Court ruling over a 2019 oil spill, it said on Thursday.
- 06/30/2022
|
Shell set for September spud for North Sea exploration well
- A rig contractor has now been hired for Shell PLC's (LSE:SHEL) exploration well in the North Sea, the project's small-cap partner Deltic Energy PLC (AIM:DELT) has confirmed. Deltic, in a statement, told investors that a rig contract has been signed for the drilling of the Pensacola exploration well which is expected to kick off in September.
- 06/29/2022
|
Big Oil Is Betting Big on Hydrogen
- Hydrogen is ready to reshape the world's energy landscape with ultra-affordable, energy-dense, reliable and transportable clean energy. The post Big Oil Is Betting Big on Hydrogen appeared first on InvestorPlace.
- 06/28/2022
|
3 Energy Firms to Gain From Record Gulf Coast Oil Export
- Companies that may gain from record crude oil export from the Gulf Coast are BP, Hess (HES) and Shell (SHEL).
- 06/28/2022
|
Ceres Power's partnership with Shell a 'milestone' says Berenberg
- Ceres Power's electrolysis agreement with Shell is a significant milestone for the company, according to broker Berenberg (read more). A 1MW solid-oxide demonstrator will be delivered to Shell in 2023 through the partnership.
- 06/28/2022
|
These 2 Oil Companies Are Investing Heavily in Renewable Energy
- But should you buy their stocks?
- 06/28/2022
|
Ceres Power and Shell form green hydrogen partnership
- Ceres Power has agreed to deliver a megawatt-scale solid oxide electrolyser (SOEC) demonstrator to Shell next year, 2023, to produce green hydrogen. Shell will install the system at its research and development technology centre in Bangalore, India, where the hydrogen will be used in industrial processes on site.
- 06/28/2022
|
How Food Waste Will Propel IndyCar As Shell Switches To 100 Percent Renewable Fuel In 2023.
- Shell will introduce 100 percent renewable race fuel made from food waste, including sugar cane, that will make IndyCar the first United States motorsports series to use renewable fuel.
- 06/27/2022
|
Challenger Energy welcomes entry of Shell and APA into Uruguay
- Challenger Energy Group PLC (AIM:CEG, OTC:BSHPF) welcomed the entry of Shell PLC (LSE:SHEL, NYSE:SHEL) and APA Corp into Uruguay following the award of three offshore blocks in the country's latest licensing round. ANCAP, the Uruguayan state-owned petroleum company, announced the award of three of the six available blocks and noted the return to the country of leading companies after not receiving proposals of this type for 10 years.
- 06/27/2022
|
For Shell, AI and data is as critical as oil
- At Shell, there are plenty of reasons to turn to AI and data to transform their business.
- 06/24/2022
|
Shell's (SHEL) Nigerian Asset Sale Unaffected by Legal Issues
- Shell's (SHEL) 30% divestment plan of its Nigerian joint venture is not likely to be affected by the recent Supreme Court ruling.
- 06/24/2022
|
8 ‘Strong Buy' Oil Giants With Massive Dividends Are On Sale Right Now
- The demand for oil and other products that the integrated giants produce will continue to skyrocket.
- 06/24/2022
|
Big oil execs meet with Energy Sec. Jennifer Granholm
- CNBC's Eamon Javers joins Shep Smith to report on a meeting today between energy company executives and Energy Secretary Jennifer Granholm.
- 06/23/2022
|
Oil CEOs call for 'tone shift' from White House on finger-pointing over gas prices
- The oil industry pushed for an easing of tensions and a dialing back of finger-pointing from the White House during a Thursday meeting with the Energy Department as high gas prices continue to anger politicians and consumers.
- 06/23/2022
|
U.S. oil refinery execs meet with Biden over high gas prices
- Yahoo Finance's Jennifer Schonberger reports on the top takeaways from President Biden's meeting with seven oil refinery executives.
- 06/23/2022
|
What's Going On With Exxon Mobil, Marathon Oil, BP And Shell Shares Today?
- Exxon Mobil Corp (NYSE: XOM), Marathon Oil Corporation (NYSE: MRO), BP plc (NYSE: BP) and Shell PLC (NYSE: SHEL) are all trading lower Wednesday. Shares of energy companies at large are trading lower amid a dip in oil prices following reports President Biden may suspend the federal tax on gasoline.
- 06/22/2022
|
Jim Cramer: Oil is suddenly in a bear market
- 'Mad Money' host Jim Cramer and the 'Squawk on the Street' team discuss energy prices ahead of Federal Reserve Chair Jerome Powell's testimony on Capitol Hill. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis.
- 06/22/2022
|
Stay patient on energy stocks and look for opportunities, says Hightower's Stephanie Link
- Stephanie Link, Hightower Advisors chief investment strategist, joins CNBC's 'Squawk Box' to discuss how a gas tax holiday could impact oil stocks.
- 06/22/2022
|
7 Blue-Chip Stocks That Will Outlast Any Market Downturn
- With signs pointing to a possible recession on the horizon, here are the best blue-chip stocks to buy to protect your portfolio. The post 7 Blue-Chip Stocks That Will Outlast Any Market Downturn appeared first on InvestorPlace.
- 06/22/2022
|
Sarah Ketterer's 5 Favorite Energy Stocks
- Causeway Capital Management, the Los Angeles-based firm founded by Sarah Ketterer (Trades, Portfolio) and Harry Hartford in 2001, seeks to achieve superior risk-adjusted returns by investing in mispriced equities in both developed as well as emerging markets.
- 06/20/2022
|
Shell: Poor Management Decisions Make For A Steep Discount
- The energy sector is the only equity segment in the positive this year, but Shell plc has fallen back into the negative. Like most oil companies, Shell has spent very little on exploration over recent years and is keeping capital expenditures low despite solid profits.
- 06/17/2022
|
Biden threatens oil companies w/ 'emergency powers' if they don't boost supply amid inflation spike
- Rep. Ben Cline, R-Va., joined 'Kennedy' to weigh in on the Federal Reserve raising interest rates and Biden's letter to oil companies demanding they increase supply.
- 06/15/2022
|
Biden sends letter warning oil companies on historically high refinery profits
- President Biden today accused the oil industry of profiting from record-high gas prices. He did so in an open letter to seven of the biggest oil companies, including Chevron, ExxonMobile and Shell.
- 06/15/2022
|
Biden blasts refiners' profits as ‘not acceptable,' while Democratic senator targets Big Oil's ‘profiteering'
- Democratic-run Washington is continuing to make an effort to address high gasoline prices, with President Joe Biden targeting refiners and a top senator taking aim at oil companies' profits through an upcoming bill.
- 06/15/2022
|
Joe Biden orders oil companies to explain why they're cutting gasoline production as prices soar above $5 a gallon
- Joe Biden complained in his letter to companies including Exxon Mobil and Shell they are cutting back gas production purely to boost profits.
- 06/15/2022
|
Biden threatens oil companies with 'emergency powers' if they don't boost supply amid inflation spike
- President Biden is blaming American oil companies for the surging price of gas in a series of letters to CEOs on Wednesday, expanding beyond blaming Vladimir Putin.
- 06/15/2022
|
Plugin Overdraft fintech Fiinu to float in London via cash-shell deal
- Immediate Acquisition PLC, a cash-shell rebooted last month out of Immedia Group Plc, has raised £8mln and announced a deal-to-buy licenced banking fintech firm Fiinu. Fiinu has developed an FCA-approved banking product called ‘Plugin Overdraft' which will offer UK customers an overdraft facility decoupled from their current accounts via an app.
- 06/15/2022
|
Shell wants more government support for green energy ambitions
- Shell PLC (LSE:SHEl) has urged the government support it more to achieve its aim of becoming a major electricity supply business to UK households. As part of its plans to diversify away from oil and gas, the FTSE 100 company has committed to invest £25bn to supply clean power to 5mln households and electric vehicle drivers by 2030, up from the current 1.5mln.
- 06/14/2022
|
BlackRock Is Betting Big on a Company Working to Beat Out Gas
- Hydrogen is clean and cheap yet powerful and plentiful enough to fulfill the world's power demand. And it's primed to finally conquer gas.
- 06/13/2022
|
Shell fancied by Credit Suisse for energy transition “megatrend”
- The energy transition is set to be a “megatrend of our generation” and the incumbent majors are well positioned for it, that's according to Credit Suisse which today took a bullish view on Shell PLC (LSE:SHEL, NYSE:SHEL). Credit Suisse analyst Amy Wong, in a note, said that ‘big energy' is part of the climate solution, but there's pressure on them to accelerate towards renewables.
- 06/09/2022
|
Shell (SHEL) Receives Regulatory Nod to Develop Jackdaw Field
- After getting rejected by watchdogs last year, Shell (SHEL) finally gets the approval for the development of the Jackdaw gas field.
- 06/09/2022
|
Think It Is Too Late to Buy Oil Stocks? These 3 Stocks Still Look Great
- Oil prices have had a good run, and so have oil stocks, but this trio of energy companies still have a lot of dividends to give.
- 06/08/2022
|
Qatar picks Exxon, Total, Shell, Conoco for mega-LNG expansion - sources
- HOUSTON (Reuters) -Qatar has picked Exxon Mobil Corp, TotalEnergies SE, Shell and ConocoPhillips as partners in the expansion of the world's largest liquefied natural gas (LNG) project, people with knowledge of the matter said on Tuesday.
- 06/08/2022
|
Shell (SHEL) to Go Ahead With $2.5B Crux Project in Australia
- Shell (SHEL) has approved the Crux gas field development project, which is likely to commence production in 2027.
- 06/07/2022
|
Shell: A Changing Of The Tides
- Shell has a complex future. Many challenges lie ahead for management in the energy transition. Shell is still quantitatively cheap, especially compared to its U.S. competitors Chevron and Exxon. But, the company's oil reserves are in sharp decline.
- 06/03/2022
|
Billionaire Dan Loeb Is Betting Big on These 3 Stocks
- Dan Loeb is a veteran hedge fund manager and the CEO of Third Point. Let's take a look at his top three positions as of Q1.
- 06/02/2022
|
Shell CFO expects to pay incremental 'near-term' windfall tax
- Shell PLC (LSE:SHEL, NYSE:SHEL)'s new chief financial officer Sinead Gorman has said she expects the oil group to pay incremental taxes “in the near term” in connection with the new UK windfall tax. In a meeting with banking group RBC, Gorman charges under the scheme, which the UK Chancellor announced will introduce a new levy on oil and gas profits, are likely to hinder forthcoming hydrocarbon projects in the North Sea.
- 06/01/2022
|
Gazprom cuts gas supply to Orsted and Shell Energy
- Russian gas producer Gazprom has cut off gas supplies to Denmark's Orsted and to Shell Energy for its contract to supply gas to Germany, it said on Wednesday, citing the companies' failure to make payments in roubles.
- 06/01/2022
|
Which Energy Stock Could Continue to Fuel Higher Returns?
- Out of COP, XOM, and SLB, which energy stocks will continue to fuel higher returns in this volatile market environment? The post Which Energy Stock Could Continue to Fuel Higher Returns?
- 05/31/2022
|
How Do Shareholders View Shell's (SHEL) Climate Goals?
- Shell (SHEL), like its peers, is under increasing pressure from activists and investors surrounding climate change and the commitment to reduce emissions.
- 05/27/2022
|
Climate protestors disrupt Shell shareholder meeting
- A couple of dozen climate protestors disrupted Shell's annual general meeting (AGM) on Tuesday, chanting slogans and holding banners as Shell Chair Andrew Mckenzie tried to start the meeting.
- 05/24/2022
|
Shell investors to have their say on climate strategy
- At Shell PLC's (LSE:SHEL, NYSE:SHEL) annual shareholder meeting there will be two climate votes though activists say fears of energy shortages are leading environmental issues to be sidelined. The first vote is an advisory poll brought by the company on its energy transition strategy progress report, where the FTSE 100 oil company said it reduced absolute emissions from its operations by 18%, compared with a target of 50% by 2030 against 2016 levels.
- 05/23/2022
|
Analyst claims Shell could raise its dividend – Is SHEL a buy?
- Energy stocks have done particularly well this year, dominating some sectors in Q1 2022, by rising almost 200%. Still, there.
- 05/20/2022
|
Shell Is Bubbling Up, And That's A Good Thing
- The energy industry has trailed world markets for over a decade. Capital has exited as a result of pressure from ESG investors and as a consequence of the bursting of the energy bubble.
- 05/18/2022
|
Shell's chief executive faces revolt over pay package
- Shell PLC (LSE:SHEL, NYSE:SHEL)'s chief executive, Ben van Beurden, is reportedly facing an investor rebellion over his £13.5mln pay package. Investment adviser Pirc urged shareholders to vote against the pay at next week's AGM, according to the Guardian, calling it “excessive.
- 05/18/2022
|
Shell plc (SHEL) to Sell Its Retail Businesses in Russia
- Shell's (SHEL) sale of its Russian retail business to Lukoil is the most recent example of a western company finding a local buyer after planning to exit Russia.
- 05/17/2022
|
2 wild charts show how Big Oil profits are skyrocketing as prices at the pump rise
- Oil companies are raking in the largest quarterly profits in a decade, raising concerns that the sector is using high gas prices to gouge customers.
- 05/17/2022
|
Shell UK (SHEL) to Erect 100,000 EV Charging Points by 2030
- The oil supermajor Shell plc (SHEL) looks to boost the public electric charging infrastructure in the United Kingdom.
- 05/16/2022
|
Energy Giant Shell Still Looks Like a Bargain
- Shell trades at a discount to its U.S.-based peers, despite its attractive assets. A breakup or dividend hike could help to narrow the valuation gap.
- 05/14/2022
|
This Energy Giant Still Looks Like a Bargain
- Shell trades at a discount to its U.S.-based peers, despite its attractive assets. A breakup or dividend hike could help to narrow the valuation gap.
- 05/13/2022
|
Forbes Global 2000: Shell Becomes Europe's Top Public Company As Oil Price Boom Drives Profits
- Oil and gas giants are the big climbers in Europe on this year's list of the world's largest public companies.
- 05/12/2022
|
Lukoil says it's buying Shell downstream assets in Russia
- By Jaime Llinares Taboada
- 05/12/2022
|
Shell plans to increase installation of electric vehicle charging stations by 2030
- Shell PLC (LSE:SHEL, NYSE:SHEL) said it wants to install 100,000 electric vehicle charge points across UK by 2030. The company currently has 5,000 charging points and said last year it planned to increase this to 50,000.
- 05/11/2022
|
Shell Stock in Focus After Investor Adds to Stake
- Shell PLC (NYSE:SHEL) is in the spotlight this morning, after news that Third Point's Daniel Loeb has added to his $750 million stake in the oil and gas giant.
- 05/09/2022
|
Third Point's Loeb praises Shell moves, sticks by calls for breakup
- Activist investor Daniel Loeb, who wants Royal Dutch Shell Plc to break apart, applauded the energy giant's decision to move its headquarters even as he sticks to views that a different corporate structure would make it more successful.
- 05/07/2022
|
Five reasons not to slap BP and Shell with a windfall tax
- BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) this week revealed astonishing levels of cash-flow and profit, timidly offset by non-cash write-offs for leaving Russia.
- 05/06/2022
|
Shell boss calls for govt to approve for North Sea gas project
- Shell PLC (LSE:SHEL, NYSE:SHEL) is talking to the government to try and gain approval for a major North Sea gas project, arguing the country and Europe face a "tough winter" without supplies from Russia. The FTSE 100 group's new chief financial officer, Sinead Gorman, said the company is looking to engage with Downing Street to try and “get the approval processes going” for Jackdaw.
- 05/06/2022
|
Energy giant Shell says the world doesn't have systems to trace Russian oil refined overseas. This could undermine sanctions.
- Shell chief executive Ben van Beurden said once Russian oil has been refined elsewhere, it's impossible to identify, so sanctions won't work.
- 05/06/2022
|
Shell plc (SHEL) CEO Ben van Beurden on Q1 2022 Results - Earnings Call Transcript
- Shell plc (NYSE:SHEL ) Q1 2022 Results Conference Call May 5, 2022 9:00 AM ET Company Participants Ben van Beurden - CEO Sinead Gorman - CFO Wael Sawan - Integrated Gas, Renewables and Energy Solutions Director Conference Call Participants Oswald Clint - Bernstein Biraj Borkhataria - RBC Irene Himona - Societe Generale Lydia Rainforth - Barclays Michele Della Vigna - Goldman Sachs Henri Patricot - UBS Lucas Herrmann - Exane Paul Cheng - Scotiabank Peter Low - Redburn Christopher Kuplent - Bank of America Martijn Rats - Morgan Stanley Christyan Malek - JP Morgan Jason Gabelman - Cowen Henry Tarr - Berenberg Sinead Gorman Welcome to our first quarter 2022 results presentation. Before I look at our performance, I would like to thank Jessica Uhl, who is leaving Shell after 17 years.
- 05/05/2022
|
Best Oil And Gas Stocks To Buy Today? 3 Heating Up This Earnings Season
- Could these oil and gas stocks be worth jumping on now?
- 05/05/2022
|
3 Oil Stocks on Watch as Lockdowns Lower Demand
- Weakened demand is an obvious consequence of lockdowns, but the price charts and other factors in these oil stocks warn investors to be smart. The post 3 Oil Stocks on Watch as Lockdowns Lower Demand appeared first on InvestorPlace.
- 05/05/2022
|
Oil Stocks Shell, ConocoPhillips Edge Up On Earnings, As OPEC Sticks To Modest Output Increase
- Oil stocks Shell and ConocoPhillips edged higher after earnings reports Thursday, as OPEC prepared for its quarterly meeting. The post Oil Stocks Shell, ConocoPhillips Edge Up On Earnings, As OPEC Sticks To Modest Output Increase appeared first on Investor's Business Daily.
- 05/05/2022
|
Shell reports a sizable hit to Q1 bottom-line due to Russia exit
- Shares of Shell plc (LON: SHEL) are up 4.0% on Thursday after the British oil giant cited higher prices and lower expenses as it reported better-than-expected profit for its fiscal first quarter. Shell Q1 financial highlights Adjusted profit shot up 43% YoY to $9.13 billion versus $8.67 billion expected.
- 05/05/2022
|
Shell posts record quarterly profit, lifted by energy price surge
- Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices, stellar refining profits and the strong performance of its trading division.
- 05/05/2022
|
Shell posts record quarterly profit of $9 billion
- Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices, stellar refining profits and the strong performance of its trading division.
- 05/05/2022
|
Shell Reports Record $9 Billion Quarterly Profit As Oil And Gas Prices Surged
- The massive profit of $9 billion comes despite the company having to write down $3.9 billion for its decision to exit operations in Russia following the invasion.
- 05/05/2022
|
Shell's Profits Soar. But Its Earnings Beat Fuels Windfall Tax Debate.
- OPEC is expected to stick to plans for small increases in output when it meets on Thursday.
- 05/05/2022
|
Shell profits climb as oil price gains offset $3.9 billion in Russia exit charges
- Shell PLC on Thursday reported higher-than-expected profits for the first quarter of 2022, although the bottom-line result was hit by $3.9 billion of charges related to its exit from Russia.
- 05/05/2022
|
Shell boosts dividend as quarterly profits soar
- Shell PLC (LSE:SHEL, NYSE:SHEL) has unveiled record quarterly profits, with soaring oil prices leading to US$9.1bn of earnings for the three-month period. At US$9.1bn, earnings have almost trebled year-on-year and are up 50% on the prior quarter.
- 05/05/2022
|
Shell profit of $9.13B overshadowed by $3.9B in charges over Russia exit
- By Jaime Llinares Taboada
- 05/05/2022
|
Oil giant Shell reports soaring first-quarter profits, raises dividend
- Shell's bumper earnings follow soaring profits across the oil and gas industry, even as many energy majors incur costly write-downs from exiting Russia.
- 05/05/2022
|
Shell posts record profit on high energy prices and trading boost
- Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of its trading division.
- 05/05/2022
|
Shell (SHEL) Purchases Indian Renewable Company Sprng Energy
- Shell plc (SHEL) expands its renewable energy portfolio as it buys India-based Sprng Energy for $1.55 billion.
- 05/04/2022
|
Will Higher Oil Price Propel Shell's (SHEL) Q1 Earnings?
- Shell (SHEL) is expected to take a $4-5 billion hit in the first quarter after ceasing operations in Russia.
- 05/04/2022
|
Shell - windfall tax, BoE - Interest rates - BoE and Next - consumer squeeze - It's a super Thursday
- It will be a big few days for the Bank of England, with a monetary policy committee (MPC) meeting a day ahead of its 25-year independence anniversary. On the day that local elections are carried out around the UK, the MPC is expected to hike interest rates for the fourth consecutive meeting, with markets pricing in a 25 basis-point increase to 1%, though some policymakers might vote for a 50 bps (0.5%) increase.
- 05/04/2022
|
Shell share price forecast: rising wedge forms ahead of earnings
- The Shell (NYSE: SHEL, LON: RDSB) share price is in a tight range as investors wait for the company's quarterly results scheduled for Thursday this week. It is trading at 2,173p, where it has been in the past few days.
- 05/02/2022
|
3 Great Energy Stocks You Can Buy for Under $100
- There's a lot you can do with $100 on Wall Street, including buying each of these dividend-paying energy stocks.
- 04/29/2022
|
Activists Caution Shell (SHEL) Over Emission Target Liability
- The environmental activist group warns Shell (SHEL) about its inaction to implement the Dutch court's verdict to lower emissions.
- 04/27/2022
|
Shell directors face 'liability risks' for ignoring Hague climate change ruling
- Shell PLC (LSE:SHEL, NYSE:SHEL) directors and major shareholders have been reminded that the board can be held liable as the company's carbon emissions are on course to increase in violation of the climate court case verdict in The Hague a year ago. A letter has been sent to the oil producer's board by Friends of the Earth Netherlands, known as Milieudefensie, to remind them of their personal responsibility in not acting on the judge's verdict.
- 04/25/2022
|
Forget ExxonMobil: These Are the Energy Stocks of the Future
- These companies are focusing on the future of the energy market.
- 04/24/2022
|
Fuel Your Portfolio With These 3 Petroleum Stocks
- With gas prices reaching a new all-time high in March, should you consider these three petroleum stocks of Chevron Corp., Shell plc and Exxon Mobil Corp.? In recent years, petroleum companies have faced pressure due to the increased push toward clean energy.
- 04/21/2022
|
Energy Q1 Earnings Underway: Can Price Rise Quell Russia Woes?
- Halliburton (HAL) and Kinder Morgan (KMI) get things rolling on the energy earnings front this week and are viewed as an important read on the sector's outlook for the current year.
- 04/19/2022
|
Shell (SHEL), TTE Bag Deals in Brazil's Newest Oil Tender
- Oil majors Shell (SHEL) and TotalEnergies (TTE) are among the winning bidders at the latest oil auction in Brazil.
- 04/19/2022
|
Shell: Investing For The Future, May Suit Your Income Portfolio
- Shell is a supermajor energy company that is transforming to fit into a world with fewer carbon emissions. Significant investments by Shell will allow it to become a prominent player in a carbon-neutral world.
- 04/18/2022
|
Shell (SHEL) & BYD Partner for EV Charging in Europe & China
- The oil supermajor, Shell plc (SHEL), teams up with the Chinese manufacturer, BDY, as it enters into a strategic EV charging cooperation agreement.
- 04/18/2022
|
Are You Looking for a Top Momentum Pick? Why Shell (SHEL) is a Great Choice
- Does Shell (SHEL) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 04/14/2022
|
Shell's blue hydrogen deal highlights pivot towards 'carbon management'
- Shell's deal yesterday to produce hydrogen in a collaboration with German utility Uniper has underlined predictions that it will become a ‘carbon management' ‘ business in future. Uniper's Killingholme power station site will produce blue hydrogen to decarbonise industry, transport and power throughout the Humber region, said Shell.
- 04/13/2022
|
Stocks Inflate, But Then Reverse Lower; Shell, Devon Energy, Raytheon Technologies In Focus
- Stocks inflate, but then reverse lower; Shell, Devon Energy, Raytheon Technologies in focus. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.
- 04/12/2022
|
Oil & Gas Stock Roundup Headlined by ExxonMobil & Shell's Q1 Updates
- Apart from ExxonMobil (XOM) and Shell (SHEL), there was news regarding Murphy Oil (MUR), Equinor (EQNR) and Petrobras (PBR) during the week.
- 04/12/2022
|
Oil executives from Shell, BP and others gave their testimonies about the raised U.S. gas prices
- The Subcommittee on Oversight and Investigations of the Committee on Energy and Commerce held a hearing ‘Gouged at the Gas Station: Big Oil and America's Pain at the Pump' on April 6, 2022. Oil executives from BP, ExxonMobil, Chevron, Shell, and more give their testimonies about the raised U.S. gas prices.
- 04/09/2022
|
Shell is in a three-horse race for solar portfolio
- Shell PLC (LSE:SHEL, NYSE:SHEL) is rumoured to be part of a three-horse race to purchase renewable energy assets in Spain. Sources close to Reuters said Spanish utility company Naturgy and Austrian electricity firm Verbund are the other two interested parties.
- 04/08/2022
|
Shell in race for $1.1 billion Spanish green energy projects, sources say
- Oil major Shell and utilities Naturgy and Verbund are preparing binding bids to buy renewable energy assets in Spain valued at about 1 billion euros ($1.1 billion), three sources close to the matter told Reuters.
- 04/08/2022
|
Shell and BP can lead on decarbonisation and make big money, suggests broker
- Shell has received its first upgrade following yesterday's trading update. Barclays has upped its forecast for first-quarter net income by 8% to US$8.4bn, citing higher integrated gas production and trading and lower upstream costs and tax.
- 04/08/2022
|
Shell (SHEL) Flags Possible $5B Q1 Hit From Russia Business
- Shell (SHEL) said that surging commodity realizations will likely boost its first-quarter trading results, while its LNG unit is also set to benefit.
- 04/08/2022
|
Jim Cramer explains why he's a 'big bull' on oil stocks
- 'Mad Money' host Jim Cramer joins 'Squawk on the Street' to break down energy stocks after major oil executives were grilled by lawmakers on Capitol Hill on Wednesday over rising gas prices.
- 04/07/2022
|
Shell blames oil, gas margin calls for billions in cash outflows
- Shell said on Thursday it diverted $7 billion of its cash flows partly to cover hefty oil and gas margin calls, becoming the first company to publicly acknowledge the pressure commodities traders have faced in 2022 from extreme price rises and volatility.
- 04/07/2022
|
Oil giant Shell is writing off up to $5 billion in assets after it pulled its Russian operations
- Russia is the world's third largest oil producer, but the West is trying to ditch Russian supplies in response to its invasion of Ukraine.
- 04/07/2022
|
Shell could take $5 billion hit from Russia exit
- Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading activities in the first quarter, the company said on Thursday.
- 04/07/2022
|
Shell Faces $5 Billion Hit For Leaving Russia As Energy Sector Braces For Fallout Of Putin's Invasion Of Ukraine
- Shell said it would cut ties with Russia after it was revealed to have purchased a discounted consignment of Russian oil after it invaded Ukraine.
- 04/07/2022
|
Shell Expects Up to $5 Billion Hit Following Russia Exit
- Shell also warns that first-quarter cash flow would be negatively impacted by outflows of around $7 billion as a result of changes in the value of oil and gas inventories.
- 04/07/2022
|
Shell reportedly finds 2bn barrels of oil and gas in the Orange Basin; Eco Atlantic next cab off the block
- While Shell PLC (LSE:SHEL, NYSE:SHEL) was making waves Thursday with a dog's dinner of a trading update, a little news was starting to permeate about some success with the drill bit. It has reportedly identified the oil equivalent of the motherlode off the shores of Namibia.
- 04/07/2022
|
Dow Jones Newswires: Shell to book up to $5 billion in impairments on Russian operations
- By Jaime Llinares Taboada
- 04/07/2022
|
Shell: Russia exit to result in US$5bn hit as oil giant also warns of significant cash outflow in Q1
- Shell PLC (LSE:SHEL, NYSE:SHEL)'s decision to exit Russia will result in a hit of up to US$5bn in the first quarter, according to a warts-and-all update which also revealed the oil major has suffered very significant working capital outflows. In February Shell exited three joint ventures with Gazprom following the invasion of Ukraine.
- 04/07/2022
|
Oil major Shell to write off up to $5 billion in assets after exiting Russia
- Shell has announced that it will write off between $4 and $5 billion post-tax in assets after exiting Russia.
- 04/07/2022
|
Shell to write down up to $5 billion after Russia exit
- Shell said on Thursday it expects to write off $4 to $5 billion post-tax from the value of its assets in the first quarter of 2022 following its decision to exit Russia.
- 04/07/2022
|
Oil Stocks News: What Is Going on With XOM, CVX, BP, SHEL Stocks Today?
- Oil stocks are on watch today as executives headed to Washington to discuss the supply-demand imbalances weighing on crude prices. The post Oil Stocks News: What Is Going on With XOM, CVX, BP, SHEL Stocks Today?
- 04/06/2022
|
Shell Plc (SHEL) Sells Mobile Refinery to Vertex Energy
- The oil supermajor, Shell (SHEL), completes the sale of its refinery in Mobile, AL to Vertex Energy (VTNR).
- 04/06/2022
|
Why JetBlue is willing to shell out $3.6 billion for discount airline Spirit
- JetBlue's bid confounded some analysts.
- 04/06/2022
|
Big Oil to tell Congress markets, not companies, set fuel prices-testimony
- U.S. oil executives will tell Congress on Wednesday they are boosting energy output and no one company sets the price of gasoline, according to pre-released written testimony, as they defend charges by lawmakers of gouging with high fuel prices.
- 04/05/2022
|
Shell's (SHEL) Offshore Colibri Project Pumps First Gas
- The oil and gas giant, Shell plc (SHEL), has started production from the Colibri development located offshore Trinidad and Tobago.
- 04/05/2022
|
Shell (SHEL) Starts Deep-Water Production in the Gulf of Mexico
- Shell Offshore Inc., Shell plc's (SHEL) subsidiary, announces the commencement of production at the subsea oil field, PowerNap.
- 04/04/2022
|
A New Oil Boom Amid Energy's Changing Landscape
- We've seen the impact of Russia's invasion of Ukraine on oil prices. And if Big Oil exits Russia altogether, it would be a major shift.
- 04/01/2022
|
Shell's ex-finance chief gets £921,000 golden goodbye
- Jessica Uhl will receive a severance payment of £921,000 following her decision to step down as Shell's chief financial officer, the oil giant announced today. Uhl left her jobyesterday after five years in the role citing family reasons and not being able to settle in London following the shifting of the group's domicile to the UK.
- 04/01/2022
|
Shell-shocked residents emerge from Kyiv suburb
- Sky News' Alex Crawford joins Shep Smith to report on shell-shocked residents who've emerged from the wreckage of a suburb of Kyiv, knowing full well the Russians could return.
- 03/31/2022
|
US regulators tighten rules on deals with shell companies
- US securities regulators proposed Wednesday new rules for shell investment companies, tightening a pathway for businesses to go public that has been criticized for skimping on investor protections.
- 03/30/2022
|
Oil execs agree to testify before House lawmakers about rising gas prices, but key players left out
- Executives from some of the country's largest oil companies have agreed to testify before House lawmakers next week about record-high gas prices.
- 03/29/2022
|
7 Oil Stocks to Buy Heading Into April
- Oil markets are poised for additional upside with rising geopolitical tensions. MUR, TTE, and VER can make great investments heading into April.
- 03/29/2022
|
7 Oil and Gas Stocks With Good Yields That Value Investors Like Now
- These 7 energy stocks have good dividend yields, low price-to-earnings metrics and excellent earnings prospects. The post 7 Oil and Gas Stocks With Good Yields That Value Investors Like Now appeared first on InvestorPlace.
- 03/29/2022
|
BP Vs. Shell Stock: Which Is The Better Buy?
- The environment for oil and gas companies is strong. The supermajors will all be highly profitable this year.
- 03/29/2022
|
Shell (SHEL) to Import LNG From Future German Terminal
- Shell plc (SHEL), along with German LNG Terminal, pens agreements for the company to import liquified natural gas from the future terminal in Brunsbuttel, Germany.
- 03/29/2022
|
Shell (SHEL) Gets Nod to Restart Production at Prelude FLNG
- Shell plc (SHEL) gets the regulatory consent to restart operations at the Prelude floating liquefied natural gas facility in Australia.
- 03/28/2022
|
Need gas cash? Jack Dorsey and Fat Joe shell out $100K to help Americans pay for fuel
- Fat Joe teamed up with the Cash App, which is owned by Jack Dorsey's Block Inc, to hand out $100,000 to users of the app who need help filling up their cars.
- 03/25/2022
|
Ride the Multi-Year LNG Demand Wave With These 5 Stocks
- Shell (SHEL), Chevron (CVX), Cheniere Energy (LNG), Kinder Morgan (KMI) and Energy Transfer (ET) are going to benefit from the increasing global demand for liquefied natural gas.
- 03/25/2022
|
Oil Giant Shell Partners With Buffett-Backed EV Company, Offers Tesla Subscriptions In Germany
- A large oil company is pushing further into the electric vehicle sector with two recently announced initiatives. Here's the latest.
- 03/24/2022
|
Shell says it needs government support to invest more into UK energy
- Shell PLC (LSE:SHEL, NYSE:SHEL) said it intends to invest £20bn to £25bn into UK energy over the next decade, with 75% of that on low-carbon products including hydrogen and offshore wind, but only if there is sufficient political support. These investments have not yet appear to have been approved by the oil supermajor's board, however, according to a statement by Shell UK.
- 03/24/2022
|
Shell (SHEL) Plans to Build 6 Offshore Wind Farms in Brazil
- Shell (SHEL) bets big on renewable energy as it plans to develop six offshore wind farms, with a combined capacity of 17 gigawatts, in Brazil.
- 03/24/2022
|
Shell (SHEL) Files New Development Plan for North Sea Field
- Shell (SHEL) releases a modified environmental statement for its Jackdaw field development in the North Sea, which the U.K. officials disallowed last year.
- 03/23/2022
|
Oil prices to keep rising, buy Shell and BP says Deutsche Bank
- Oil prices are set to keep rising according to analysts at Deutsche Bank with the war in Ukraine stoking further what was already a tight market. In a note the bank said: “The Russian invasion of Ukraine has added risk and volatility to global and gas markets that were already showing clear signs of increasing underlying tightness.
- 03/23/2022
|
I Own The Gas Pump, With 10% Yield
- Gas prices are rising, and the summer travel season is fast approaching!
- 03/22/2022
|
Shell reportedly mulling reviving the Cambo oil field project
- Shell PLC (LSE:SHEL, NYSE:SHEL) is reconsidering its decision not to invest in the Cambo oil field off the west coast of the Shetlands, according to the BBC. In December, the FTSE 100 giant announced that it would drop plans to develop the controversial Cambo oil field in the North Sea on commercial grounds, saying the economic case for investment in the project was not strong enough “at this time”.
- 03/22/2022
|
Shell share price forecast after the remarkable comeback
- The Shell (LON: SHEL) share price is hovering near its all-time high as investors react to the demand and supply dynamics as the crisis in Ukraine escalates. The stock is trading at 2,020p, which is slightly below its all-time high of 2,330p.
- 03/22/2022
|
Final Trades: Home Depot, FedEx, UnitedHealth & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 03/21/2022
|
Shell among final bidders for Indian renewables group - report
- Shell PLC (LSE:SHEL, NYSE:SHEL) is reported to one of the final two bidders for an India-based renewable energy company thought to be valued at around US$2bn. The FTSE 100 oil supermajor submitted a binding offer for Sprng Energy this week, Bloomberg has reported, with private equity owner Actis now evaluating the offers.
- 03/16/2022
|
Shell's board of directors sued for 'failing to properly prepare' for the energy transition
- The case is thought to be the first time ever that a company's board has been challenged over its failure to adequately prepare for the energy transition.
- 03/15/2022
|
Shell board faces legal action from ClientEarth over alleged mismanagement of climate risk
- The board of Shell PLC (LSE:SHEL, NYSE:SHEL) is facing legal action from the environmental law organisation ClientEarth, which alleges that failure by the oil giant's directors “to properly prepare the company for net zero” puts them in breach of their legal duties. ClientEarth, a shareholder in Shell, is taking action against the company's 13 executive and non-executive directors.
- 03/15/2022
|
Shell: Look Past The Russia Exit, Their 10%+ Shareholder Yield For 2022 Is Still Coming
- Shell: Look Past The Russia Exit, Their 10%+ Shareholder Yield For 2022 Is Still Coming
- 03/14/2022
|
Shell stopped from selling Nigerian assets until $2 billion appeal decided
- A Nigerian court has stopped Shell Plc from selling any assets in Nigeria until a decision is reached on the company's appeal of a nearly $2 billion penalty for an alleged oil spill.
- 03/14/2022
|
Orange Basin Is The New Guyana: Buy Africa Oil Stock To Profit From The Basin Opening
- Orange Basin Is The New Guyana: Buy Africa Oil Stock To Profit From The Basin Opening
- 03/11/2022
|
Shell (SHEL) Withdraws From Russia, Halts Spot Purchases
- The oil supermajor, Shell plc (SHEL), to exit from Russian oil and gas and stop all its operations in the country.
- 03/10/2022
|
Shell and BP hold back from German diesel sales on shortage fears
- Oil majors BP and Shell have held back on offering spot diesel cargoes in the market for the past two weeks, two traders sources with direct knowledge of the matter said, fearing potential shortages in Germany.
- 03/10/2022
|
Shell faces $0.4 billion writedown on exit from Russian downstream business
- Shell faces further writedowns from exiting Russia over the country's invasion of Ukraine, it said on Thursday, flagging that it had $0.4 billion in Russian downstream assets as well as the $3 billion in other projects announced previously.
- 03/10/2022
|
Shell CEO's pay rose by a quarter in 2021 to $8.2 million
- Shell Chief Executive Ben van Beurden's pay package for last year rose by about a quarter to 7.4 million euros ($8.2 million), his first raise since receiving a bumper 20 million euros for 2018, Shell's annnual report showed.
- 03/10/2022
|
Here is why Shell is stopping crude oil purchases from Russia
- On Tuesday, Shell (LON: SHEL) apologized for purchasing a discounted Russian oil consignment. The company bought 100,000 metric tonnes of leading Urals crude from Russia at a considerable discount.
- 03/09/2022
|
Gas Giants Shell and ExxonMobil Exit Russia
- U.S.-based oil companies including Shell PLC (SHEL) and ExxonMobil (XOM) have decided to cut ties with Russia after the country's invasion of Ukraine. After announcing its intention to exit its joint ventures with Russian majority state-owned energy company Gazprom and related entities last week, today Shell revealed that it intends “to withdraw from its involvement [.
- 03/08/2022
|
BP And Shell Shares Step On The Gas: What's Fueling The Move?
- BP PLC (NYSE: BP) and Shell PLC (NYSE: SHEL), are trading higher Tuesday amid continued strength in oil prices in the wake of Russia's invasion of Ukraine. The United States and its European allies have been discussing banning Russian oil imports over the last week, which.
- 03/08/2022
|
Call Traders Target Rising Shell Stock
- After facing criticism, Shell PLC (NYSE:SHEL) released a statement today apologizing for buying a discounted shipment of Russian oil on Friday, and announced it is shutting down operations in Russia.
- 03/08/2022
|
Shell apologizes for buying Russian oil, will stop purchases over Ukraine war
- Shell apologized Tuesday after its purchase of a shipment of Russian oil at a steep discount sparked outrage – adding that it would wind down business dealings with the country.
- 03/08/2022
|
Shell to Stop All Purchases of Russian Crude
- The oil giant also plans to shut its service stations, aviation fuels and lubricants operations in Russia.
- 03/08/2022
|
Shell won't buy any more Russian oil and gas
- Russia is finding it ever harder to sell its oil and gas.
- 03/08/2022
|
Shell announces plan to exit Russian oil and gas industry and apologizes for buying Russian crude oil last week
- Shell's CEO apologized for buying Russian oil and back-tracked on the company's previous position of simply limiting business with Russia.
- 03/08/2022
|
Shell to stop buying Russian oil and gas, apologizes for recent purchase
- Oil giant Shell apologized on Tuesday for its purchase of Russian crude oil last week and announced it will withdraw from involvement in all Russian hydrocarbons.
- 03/08/2022
|
Shell Pledges To Stop Buying Russian Oil And Gas
- The energy giant also apologized for purchasing discounted crude oil from Russia last week.
- 03/08/2022
|
Dow Jones Newswires: Shell to halt spot purchases of Russian crude oil
|
Shell Says It Will Stop All Purchases of Russian Crude Oil
- The oil giant also plans to shut its service stations, aviation fuels and lubricants operations in Russia.
- 03/08/2022
|
Shell to withdraw from Russian oil and gas
- Shell plans to withdraw from Russian oil and gas and stop all spot purchases of Russian crude oil as a first immediate step, the British energy major announced on Tuesday.
- 03/08/2022
|
Shell apologizes for buying Russian oil; announces phased withdrawal of purchases
- Oil major Shell on Tuesday apologized for a buying a heavily discounted consignment of Russian oil last week, and announced its intent to withdraw from its involvement in all Russian hydrocarbons.
- 03/08/2022
|
Shell promises profits from trading Russian oil will go to charity
- Shell PLC said it would donate profits from purchases of Russian oil to efforts to alleviate the humanitarian crisis in Ukraine, after an outcry over the company's bid for a cargo of Russian crude.
- 03/06/2022
|
Shell defends decision to buy discounted oil from Russia
- It was reportedly bought at a record discount, with many firms shunning Russian oil due to Moscow's unprovoked invasion of its neighbor.
- 03/06/2022
|
Shell buys Russian oil days after saying it would limit business with the country for its 'senseless act of military aggression' against Ukraine
- Shell said in a statement it made the "difficult decision" to purchase the Russian oil, citing supply chain challenges and market interruptions.
- 03/05/2022
|
Shell to put profits from Russian oil trade into Ukraine aid fund
- Oil major Royal Dutch Shell will put profits from any Russian oil it purchases into a fund that will go towards humanitarian aid to Ukraine, the company said on Saturday.
- 03/05/2022
|
Investments Impacted By The Russian-Ukrainian Conflict
- The Russian/Ukrainian conflict rages - disrupting countless lives.
- 03/04/2022
|
Best Stocks To Invest In Right Now? 5 Energy Stocks To Note As Oil Prices Surge
- Could these energy stocks bring electrifying gains to your portfolio?
- 03/03/2022
|
Soaring oil prices to have the biggest impact on energy majors as they exit Russia, analyst says
- Sophie Lund-Yates, senior equity analyst at Hargreaves Lansdown, says the biggest fallout energy majors face from Russia's invasion of Ukraine is the spike in oil prices. She adds that their ongoing ESG plans are unlikely to be derailed by the current conflict.
- 03/02/2022
|
Ford joins Apple and Shell in issuing sanctions against Russia on Ukraine invasion
- Ford Motor Company (NYSE:F) said its suspended its operations in Russia until further notice due to the country's continued invasion of Ukraine. The car giant said late Tuesday it had informed its Russian joint venture partner, Sollers Avto PAO, of its decision, while adding it had few operations in Ukraine, Reuters reported.
- 03/02/2022
|
Should I Buy Oil Stocks Now? 3 Picks to Consider as Russia-Ukraine Impacts Play Out
- 2021 saw oil stocks turn around from their 2020 losses in a big way. As the world watches Russia and Ukraine, is now the time to buy?
- 03/01/2022
|
Shell CFO departs after oil giant's shift to London base
- Shell PLC (LSE:SHEL, NYSE:SHEL, EURONEXT:SHELL) said Tuesday Sinead Gorman will replace Jessica Uhl who is stepping down after five years in the role as chief financial officer on 1 April. Uhl, described as a “key architect” of the oil giant's recent strategic changes, is leaving for family reasons and was not able to commit to a long-term relocation in the UK, Reuters said, citing Shell.
- 03/01/2022
|
Shell severs Russian ties following Ukraine invasion
- Shell PLC (LSE:SHEL, NYSE:SHEL, EURONEXT:SHELL) has become the latest oil company to sever ties with Russia following the country's invasion of Ukraine, in a move affecting US$3bn worth of assets. The oil giant will drop its 27.5% stake in the flagship Sakhalin II natural gas facility, which is 50% owned and operated by Gazprom, as well as its 50% stakes in the Salym and Gydan fields.
- 03/01/2022
|
Big Oil continues its retreat from Russia as Shell condemns Putin's 'senseless act of military aggression'
- Shell will exit its joint ventures with Russian energy firm Gazprom. It will also pull out of the Nord Stream 2 pipeline project.
- 03/01/2022
|
Shell share price forecast after exiting its Gazprom partnership
- The Shell (LON: SHEL) share price will be in the spotlight on Tuesday as investors react to the rising crude oil and gas prices and the company's exit from Russia amid the Ukrainian invasion. The stock is trading at 1,972p, which is a few points below this year's high of 2,079p.
- 02/28/2022
|
BP and Shell Are Leaving Russia. The Risks of Selling Are High for Others, Too.
- Exxon, Chevron, and Schlumberger have exposure to Russia and could face pressure.
- 02/28/2022
|
SHEL, BP Stocks Dip as Oil Producers Dump Russian Stakes: 7 Things to Know
- Oil stocks are in the spotlight as giants like Shell and BP plan to divest their Russian stakes. Here's what to know about SHEL, BP stocks.
- 02/28/2022
|
SHEL Stock Continues to Fall as Shell Ends Partnership With Russia's Gazprom
- Here's the key news that's resulting in an impressive drop in SHEL stock today, amid surging oil prices and a bullish energy market. The post SHEL Stock Continues to Fall as Shell Ends Partnership With Russia's Gazprom appeared first on InvestorPlace.
- 02/28/2022
|
Microsoft keeps expanding ranks of climate leadership, announces new hire from Shell
- Microsoft is adding to its climate leadership ranks by hiring Elisabeth Brinton as corporate vice president of Sustainability.
- 02/28/2022
|
Shell is pulling out of Russia, dumping Gazprom deal
- Shell's CEO explained the move in an emotional statement.
- 02/28/2022
|
Big Oil: Shell follows BP out of Russia as UK oil companies abandon Putin
- Shell is getting out of Russia and ditching its joint ventures with Gazprom, including its involvement with the moribund Nord Stream 2 natural gas pipeline.
- 02/28/2022
|
Shell Is Leaving Joint Ventures With Russia's Gazprom
- The news comes a day after BP said it would divest its nearly 20% stake in the state-controlled oil producer Rosneft.
- 02/28/2022
|
Shell Joins BP—Abandons $3 Billion Russia Investments After 'Senseless' Ukraine Invasion
- “We are shocked by the loss of life in Ukraine," Shell's CEO said Monday.
- 02/28/2022
|
Energy giant Shell to end partnership with Russia's Gazprom as Ukraine conflict intensifies
- Shell said Monday it is ending an "equity partnership" with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues.
- 02/28/2022
|
Shell to offload stakes in Russia's Gazprom projects
- Shell PLC SHEL, +3.59% said Monday it would exit its joint ventures with Russia's state-owned natural-gas giant Gazprom and related entities, including stakes in a liquified natural gas facility and other oil and gas projects worth about $3 billion. "We are shocked by the loss of life in Ukraine, which we deplore, resulting from a senseless act of military aggression which threatens European security," Shell Chief Executive Officer Ben van Beurden said in a statement.
- 02/28/2022
|
Shell Midstream Partners LP (SHLX) CEO Steven Ledbetter on Q4 2021 Results - Earnings Call Transcript
- Shell Midstream Partners LP (SHLX) CEO Steven Ledbetter on Q4 2021 Results - Earnings Call Transcript
- 02/24/2022
|
US brands: How Exxon, BP and Shell help Russia pump oil and gas
- The West is promising "massive" sanctions on Moscow in response to Russia's invasion of Ukraine.
- 02/24/2022
|
BP and Shell shares fall as oil surpasses $100 on Russian invasion
- Oil prices surpassed US$100 reached their highest level since 2014 today as Russia invaded Ukraine. A barrel of brent crude rose 6.6% to US$103 as Russia piled troops into Ukraine, as the likelihood of war intensified.
- 02/24/2022
|
3 Great Foreign Companies to Invest in Right Now
- Looking to put some money to work outside of the U.S.? This trio of high-yield energy names could be just what you are looking for.
- 02/17/2022
|
Oil majors including Shell and BP accused of greenwashing over clean energy transition
- Shell PLC (LSE:SHEL, NYSE:SHEL, EURONEXT:SHELL), BP PLC (LSE:BP.) and other oil majors are “greenwashing” and not making the transition to clean energy they suggest, according to a new academic study.
- 02/17/2022
|
Exclusive-Shell moves to sell British North Sea southern gas fields -sources
- Shell is preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the ageing basin, industry sources told Reuters.
- 02/15/2022
|
Shell's (SHEL) Unit to Take Over Rest of Shell Midstream
- Shell Pipeline, a unit of Shell (SHEL), to buy stakes in Shell Midstream (SHLX), which it does not own, for $1.6 billion.
- 02/15/2022
|
Why Oil Companies Are Lush With Cash but Not Spending Much
- It may come down to a variety of factors.
- 02/13/2022
|
4 Strong Renewable Energy Growth Stocks
- If you like dividends, these could be worth taking a look at.
- 02/12/2022
|
Could This Be the Next Big Oil Trend?
- A different scenario may actually play out.
- 02/12/2022
|
Dow Jones Newswires: Shell, BP amassed cash in 2021 as energy shortage unfolded
- High oil and gas prices boosted forecast-beating 2021 profits for Shell and BP, and are expected to continue doing so this year, allowing both U.K. energy giants to strengthen their balance sheets for energy-transition investments.
- 02/11/2022
|
Shell Plc: On The Right Track
- Earnings and cash flow from various divisions were mixed in Q4. However, on year-over-year basis , Shell is still generating huge amounts of cash.
- 02/10/2022
|
7 Oil Stocks to Buy as Multiple Catalysts Converge
- With a return to normal boosting demand and the specter of armed conflict threatening supply chains, oil stocks are hot again. The post 7 Oil Stocks to Buy as Multiple Catalysts Converge appeared first on InvestorPlace.
- 02/10/2022
|
How a China-based dealmaker got shell company for Trump's deal off the ground
- A China-based financier, once reprimanded by U.S. regulators and barred from taking his company public, played a bigger role than is publicly known in the shell company that agreed to merge with former President Donald Trump's new social media venture, Reuters has learned.
- 02/10/2022
|
Shell CEO sells $5.2 million of shares -filing
- Shell Chief Executive Officer Ben van Beurden on Feb. 7 sold 3.9 million pounds ($5.16 million) worth of the company's shares, a company filing showed.
- 02/10/2022
|
Shell Oil (SHEL) is a Great Momentum Stock: Should You Buy?
- Does Shell Oil (SHEL) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 02/09/2022
|
Shared mobility company GoTo Global is going public through a shell company merger
- GoTo Global, an Israeli mobility company that offers shared micromobility and car sharing services in Spain, Israel, Malta and Germany, is going public on the Tel Aviv Stock Exchange through a merger with shell company Nera Tech Media. The merger is expected to close in early April, which will initially give GoTo access to the […]
- 02/08/2022
|
Bumper profits at BP and Shell revive calls for windfall tax to tackle fuel poverty
- News that Britain's biggest oil companies made $32 billion in profit last year is stoking calls for the UK government to impose a temporary tax on their earnings to help households pay soaring energy bills.
- 02/08/2022
|
Eco Atlantic Oil and Gas inks definitive deal to acquire projects near Shell's Graff discovery
- Eco (Atlantic) Oil & Gas Ltd (AIM:ECO, TSX-V:EOG) has now inked the definitive deal to acquire Azinam Group, significantly enhancing its exploration portfolio in Africa's Atlantic margin. The transaction – a share based deal that sees Azinam shareholders own 16.5% of the enlarged group – is now expected to complete in two to three weeks, subject to approval at the Toronto Stock Exchange.
- 02/08/2022
|
Shell discovery breathes new hope into juniors plugging away in Namibia
- Shell's announcement of a new discovery offshore Namibia promises to kickstart a whole new raft of exploration off the coast of the African country. The oil giant and its partners, Qatar Energy and Namcor (the National Petroleum Corporation of Namibia) struck oil in the Graff-1 exploration well in both primary and secondary targets Graff-1 well was drilled to a total depth of 5,376 metres in water depths of approximately 2,000 metres.
- 02/07/2022
|
Shell (SHEL) Stock: Why The Price Increased
- The stock price of Shell PLC (NYSE: SHEL) increased by 1.24% in the most recent trading session. This is why it happened.
- 02/04/2022
|
Oil giant Shell posts huge profit, airlines ask to drop COVID testing, Tesla recalls 817K cars
- Yahoo Finance's Julie Hyman highlights top business news as Shell posts highest quarterly profit in eight years, U.S. airlines urge the Biden administration to remove testing requirements, and Tesla recalls more than 817,000 vehicles over a seat belt alert.
- 02/03/2022
|
Shell's profits are embarrassingly large but calls for UK windfall tax are quite confused
- Shell PLC's (LSE:SHEL, NYSE:SHEL, EURONEXT:SHELL) bulging fourth-quarter results are terribly timed, revealing an embarrassment of cash slap bang in the centre of UK political circus over the fuel costs and growing calls for a ‘windfall' tax on energy companies. The UK domiciled producer – that actually produces most of its hydrocarbons abroad – revealed it generated nearly US$55bn of cash through 2021, in a results statement a mere three hours before British energy watchdog Ofgem lifted the ‘cap' for household energy bills by 54% to £1,917.
- 02/03/2022
|
Shell (SHEL) Q4 Earnings Beat Estimates on Soaring Oil
- Shell (SHEL) generated cash flow from operations of $8.2 billion, returned $1.8 billion to its shareholders through dividends and spent $6.2 billion on capital projects.
- 02/03/2022
|
Shell's burgeoning oil profits earmarked for US$8.5bn share buy-back programme
- Shell PLC (LSE:SHEL, NYSE:SHEL, EURONEXT:SHELL) will turn over most of its burgeoning profits to a bulked-up share buy-back programme which will now repurchase some US$8.5bn in the first half of 2022. The oil major reported US$6.4bn of earnings (adjusted EBITDA) or the fourth quarter whilst cash flow (excluding working capital) amounted to some US$55bn over 2021, after raking in US$11.1bn in Q4.
- 02/03/2022
|
Shell (SHEL) Q4 Earnings Beat Estimates, Boosts Buyback
- Shell's (SHEL) operating cash flow increased 30% from the year-earlier level to $8.2 billion.
- 02/03/2022
|
Shell's burgeoning oil profits earmarked for massive US$8.5bn share buy-back programme
- Shell PLC (LSE:SHEL, NYSE:SHEL, EURONEXT:SHELL) will turn over most of its burgeoning profits to a bulked up its share buy-back programme which will now seek to repurchase some US$8.5bn in the first half of 2022. The oil major reported US$6.4bn of earnings (adjusted EBITDA) or the fourth quarter whilst cash flow (excluding working capital) amounted to some US$55bn over 2021, after raking in US$11.1bn in Q4.
- 02/03/2022
|
Shell Q4 profits smash forecasts, lifted by oil and gas prices
- Shell reported on Thursday a sharp rise in fourth-quarter profits to $6.4 billion, beating forecasts, lifted by soaring oil and natural gas prices as global economic activity picked up.
- 02/03/2022
|
Oil major Shell reports sharp upswing in full-year profit as commodity prices soar
- Energy majors are seeking to reassure investors they have gained a more stable footing two years after Covid-19 first shook markets.
- 02/03/2022
|
Shell Midstream: Prime Assets, Subprime Valuation
- Shell Midstream: Prime Assets, Subprime Valuation
- 02/02/2022
|
