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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
