Shell Awards a Contract to Subsea 7 for its Sparta Deepwater Project
SHEL awards a contract to Subsea 7 for its Sparta project in the Gulf of Mexico, aiming for 90,000 boe/d with production slated to commence in 2028.
BP and Shell slide 8% as oil slump and tariff fears hammer energy stocks
Shares in BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) fell 8% on Monday, as the oil majors faced a double blow from collapsing crude prices and mounting fears of a global recession triggered by President Trump's sweeping tariffs.
Shell Lowers Gas Production Guidance After Unplanned Maintenance Hit Volumes
Shell lowered its integrated gas production estimate for the first quarter as volumes were hit by unplanned maintenance.
Shell shares production show volumes down but margins up
Shell PLC (LSE:SHEL, NYSE:SHEL) said it expects slightly higher gas production but that oil production could be lower in the first quarter compared to the final three months of last year. The supermajor shared some details on production, depreciation and opex for each of its divisions for the first quarter of 2025, ahead of the full quarterly results announcement scheduled for 2 May.
Shell lowers first-quarter LNG production outlook
Shell lowered its first-quarter liquefied natural gas (LNG) production outlook in a trading update on Monday before it publishes results on May 2.
Shell (SHEL) Stock Dips While Market Gains: Key Facts
Shell (SHEL) closed at $72.72 in the latest trading session, marking a -0.45% move from the prior day.
Shell Wraps Up Sale of Refining and Chemicals Facility in Singapore
SHEL mentions that the new company has entered into crude supply deals and product offtake agreements, which will be realized following the deal's closure.
Shell: Poised To Continue Outperformance With LNG Growth, Capex Discipline, And Higher Payouts
Shell has outperformed European and American peers since 2023 as its Sprint 1 delivered on higher payouts, lower costs, and capex discipline. The recent CMD 2025 doubles down on those points with structural growth in LNG supported by lower capex, more cost savings, and a raised distribution target. We view current SHEL as the strongest it's ever been and see ample scope for continued outperformance, confirming it as our top pick among global oils.
Shell offloads Singapore refinery to Chandra Asri-Glencore joint venture
Shell plc has successfully finalised the sale of its Singapore refinery and associated refining assets to a joint venture formed by Chandra Asri and Glencore, according to a Reuters report. This transaction marks a significant shift in ownership for the refinery and its assets.
Shell completes sale of Singapore refining assets to Chandra Asri-Glencore group
Shell has closed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, following its announcement of the deal last year, the company said in a statement on Tuesday.
Shell warns Australia's gas reservation plan could worsen shortages
Shell warned on Tuesday that a proposal in Australia to force more export gas into the domestic market could end up deterring investment and exacerbating shortages.
Shell and Partners to Drive $700M Phase 2 of Northern Lights Project
SHEL, Equinor and TotalEnergies commit $700M to progress phase 2 of the Northern Lights CCS project to boost CO2 storage capacity.
