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All Stories: Shell

Shell to add up to 12 million tons of additional LNG capacity

Shell, the world's largest trader of liquefied natural gas, will add up to 12 million metric tons of additional capacity between now and the...

Shell announces $3.5 billion share buyback

Shell reported a drop in fourth-quarter profit on Thursday, missing estimates due to lower refining margins and LNG trading, while announcing a $3.5...

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...

Shell to shut-in portions of Zydeco oil pipeline

Oil major Shell on Monday said it plans to shut-in different portions of its Zydeco pipeline system for maintenance for three to four days...

Shell profit surprises all analysts

Shell reported second-quarter profit of $6.3 billion, a drop of 19% from the previous three months as refining margins and oil and gas trading...

Shell in talks to sell fuel stations to Saudi Aramco

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...

Shell earns $1 billion a year from US crude trading

HOUSTON: 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...

Shell posts $28 billion 2023 profit, boosts dividend

Shell on Thursday reported a 2023 profit of $28 billion, a 30% drop from the previous year's record as energy prices and demand cooled,...

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...

Shell to exit Nigeria’s troubled onshore oil

Shell is set to conclude nearly a century of operations in Nigeria's onshore oil and gas after agreeing to sell its subsidiary there to...

Court says Shell’s appeal should be heard

Nigeria's Supreme Court on Friday ruled that Shell should be granted a hearing over an alleged oil spill in the Niger Delta after the...

Shell cuts low-carbon jobs

Shell will cut around 15% of the workforce at its low-carbon solutions division and scale back its hydrogen business as part of CEO Wael...

Shell, QatarEnergy 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...

Shell CEO comes under pressure over strategy

Shell CEO Wael Sawan has come under pressure over his strategy from within the energy company after two employees issued a rare open letter...

Sinopec not interested in acquiring Shell’s assets

Asia's top refiner, Sinopec, is not interested in acquiring Shell's refinery or petrochemical plant in Singapore although it is keen on participating in a...

Shell investigates possible oil pipeline leak

Shell's Nigeria business is investigating a possible leak on its Trans Niger oil pipeline, which passes through the Bodo community in Rivers state, after...

Shell’s renewables boss to leave after CEO strategy shift

LONDON: Shell's (SHEL.L) head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on Friday, weeks after CEO Wael Sawan scaled back its energy...

FAYSAL QURESHI COLLABORATES WITH SHELL TO END BIKE STRADDLING

Shell Pakistan has announced its collaboration with renowned Pakistani actor and influencer, Faysal Qureshi. The collaboration aims to highlight the significance of safe fuelling...

Shell considers exiting energy retail businesses

Shell is considering exiting its home energy retail businesses in Britain, the Netherlands and Germany in the wake of "tough market conditions", it said...

Shell to pay 15 mln euros in settlement over Nigerian oil spills

Shell will pay 15 million euros ($15.9 million) to communities in Nigeria that were affected by multiple oil pipeline leaks in the Niger Delta,...
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