Shell & Petrobras Expand Equity in Brazil's Two Pre-Salt Fields
SHEL and PBR strengthen their position in Brazil's prolific Santos Basin by increasing equity in the Atapu and Mero fields, enhancing long-term output.
Shell Strengthens Brazil Energy Strategy With New Santos Basin Blocks
SHEL deepens its Santos Basin presence with four new exploration blocks, reinforcing its long-term deepwater and energy security strategy in Brazil.
Shell Partners With ADES for Major Offshore Drilling Contract
SHEL deepens its Southeast Asia presence as Brunei Shell Petroleum awards ADES a major offshore drilling contract in Brunei.
Shell ready to invest more in Italy if drilling permits unlocked
Shell is ready to invest more in Italy to boost hydrocarbon production, the head of the energy group's Italian unit said on Wednesday, urging the government to allow new drilling.
Shell Signs Long-Term Renewable Energy Deal With Ferrari
SHEL's long-term renewable energy deal with Ferrari aims to cut emissions and power nearly half of the automaker's Maranello plant through 2034.
Leading investment bank downgrades Shell after strong run
UBS has taken Shell PLC (LSE:SHEL, NYSE:SHEL)down a peg, cutting its rating from buy to neutral and trimming its price target to 3,000p a share. The bank thinks the stock has lost some of its shine after a 12% rise this year and no longer looks cheap enough to warrant a more bullish call.
Shell & Ithaca to Boost West of Shetland Growth With Tobermory Deal
SHEL's farm-out of a 50% Tobermory stake to Ithaca strengthens their partnership and advances long-term development across the West of Shetland basin.
Shell Signs PPAs for Renewable Power to Fuel REFHYNE 2 Project
SHEL secures major wind and solar PPAs in Germany to power its REFHYNE 2 electrolyzer and advance large-scale green hydrogen production.
Ithaca Energy deals into Shell's West of Shetland gas project
Ithaca Energy PLC (LSE:ITH) has struck a deal to acquire 50% of Shell's Tobermory gas discovery, offshore Scotland, and also reported higher production for the nine months to 30 September. The Shell deal covers licences P2629 and P2630 in the West of Shetland basin, where the company is expanding its gas strategy.
Shell challenges Venture Global arbitration decision in New York Supreme Court
Shell told Reuters on Tuesday it has challenged an arbitration outcome it lost against Venture Global, alleging Venture Global withheld information from Shell and the arbitration tribunal.
Renewable energy stocks outpace fossil fuel counterparts despite Trump opposition
Renewable energy stocks have outpaced their fossil fuel counterparts over the past 12 months, returning twelve times more than oil, gas and mining companies, despite Donald Trump's "Drill Baby Drill" advocacy of oil and gas and his opposidtion to clean energy. According to new analysis by IG, an equal-weighted basket of leading renewable stocks rose 24% in the year to November, compared with a 2% gain for a comparable set of traditional energy firms.
Shell Q3 Earnings Beat Forecasts Despite Softer Oil Prices
SHEL's Q3 profit topped forecasts at $1.86 per ADS as cost cuts and strong oil volumes offset weaker prices and softer revenues.
