The sale process could begin later this year, with completion reportedly targeted for 2027. ・The move reflects Shell’s broader strategic shift away from renewable energy investments toward core oil ...
LONDON, June 10 (Reuters) - Restoring a balanced crude oil market amid heavy inventory drawdowns will take a year and ...
Shell Plc is preparing to launch a sale of its offshore wind farms in the oil major’s latest move away from renewable energy to focus on its higher-returning fossil fuel business.
Shell may sell offshore wind assets worth more than $1 billion as the oil giant continues shifting capital to LNG.
Firm benefits from conflict to rake in $6.9bn as higher energy prices turbocharge profits ...
The oil market hopes the U.S. and Iran will strike a deal that could reopen the Strait of Hormuz and restore energy shipments.
LONDON, Oct 7 (Reuters) - Shell (SHEL.L), opens new tab expects to report a $600 million hit in the third quarter after abandoning its biofuels project in Rotterdam, bringing total impairments and ...
A central piece of a closed crude oil refinery in Convent recently came crashing down as Shell Oil shifts the nearly 60-year-old complex toward making renewable fuels, company officials confirmed. The ...
British energy giant Shell announced Thursday rising net profits for the first quarter as the Middle East war sent oil and gas prices soaring in volatile trading. Profit after tax increased 19 percent ...
JAKARTA, Jan 29 (Reuters) - Shell said on Thursday that it is working closely with the Indonesian government regarding its 2026 import quota, following reports that some of its fuel products were ...
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