Shell expects 60% rise in global LNG demand by 2040
Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday.
Cash tap will continue to flow at Shell, says investment bank
Berenberg has reiterated its 'buy' rating on Shell PLC (LSE:SHEL, NYSE:SHEL), raising its price target to 3,250p from 3,150p, citing expectations of continued strong free cash flow and shareholder returns. It expects Shell's strategy update on March 25 to maintain its focus on capital discipline and free cash flow per share growth.
Wood Group CFO quits over incorrect CV but wins Shell UK contract extension
Investors did not know what way to turn after a curious 24 hours for John Wood Group PLC (LSE:WG.), which parted company with its new chief financial officer with immediate effect after important elements of his CV were found to be untrue.
Shell (SHEL) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shell (SHEL) have what it takes?
Shell in court over claims of oil pollution in Nigeria
Shell is in court today facing allegations it is responsible for oil pollution in Nigeria that left thousands without clean water and ruined farming and fishing.
Shell should take responsibility for oil spills, Nigerian community leader says before UK trial
Shell should take responsibility for environmental damage in Nigeria caused by oil spills, a community leader said on Thursday as a pivotal hearing in lawsuits brought against the British oil major began at London's High Court.
Shell: 9/10 U.S. LNG Shipments Going To Europe, Still Not Enough To Balance The Market
Shell's robust LNG segment makes it an attractive buy amid Europe's systemic energy crisis, with persistent supply-demand imbalances driving higher LNG prices. Despite a decline in overall earnings and revenues in 2024, Shell's LNG segment remains highly profitable, contributing significantly to net earnings. Shell's debt servicing costs increased, but the company is steadily reducing its total debt, enhancing its financial stability.
Shell sees significant LNG growth in near term under its scenarios
Global demand for liquefied natural gas will see a robust rise in the next few years, while gas will likely see a more gradual dynamic and oil may peak at the beginning of the next decade, scenarios published by Shell showed on Wednesday.
Climate activists take Shell case to Dutch Supreme Court
Climate activist group Friends of the Earth Netherlands is taking its court case against oil major Shell to the Netherlands' Supreme Court, as it continues to seek a specific carbon reduction target for the company and its products.
Shell Awards $70M Drilling Contract to Noble Corporation
SHEL inks a major drilling contract with Noble Corporation for its Noble semisubmersible rigs, ensuring continued operations in the Americas.
Shell Revives Production at North Sea's Penguins Field With a New FPSO
SHEL is all set to restart production at the Penguins field, reducing emissions and securing domestic energy for the U.K.
Shell CEO: Trade war between U.S. and China could result in an extended period of uncertainty
Wael Sawan, Shell CEO, joins CNBC's 'Squawk on the Street' to discuss how trade tensions will impact oil prices and production, what he's seeing in energy demand, and more.
