Shell Moves Ahead With Field Survey in Venezuela Amid Looming Deadline
SHEL plans to complete the survey at Venezuela's Dragon gas field before the U.S. license expires, keeping the hopes high for future LNG exports to Trinidad.
Shell Signs Deal to Explore Bulgaria's Black Sea for Oil and Gas
SHEL signs an exploration deal with Bulgaria's government for oil and gas in the Black Sea, taking a step forward toward the nation's energy independence.
Shell (SHEL) Rises As Market Takes a Dip: Key Facts
In the most recent trading session, Shell (SHEL) closed at $62.78, indicating a +0.38% shift from the previous trading day.
Brent crude climbs 1% as BP and Shell track gains; OPEC trims demand outlook
Brent crude rose 1% on Monday, lifting shares in UK oil majors BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL), even as OPEC lowered its forecast for global oil demand growth in 2025 and cut its economic outlook.
Parsing European Supermajors: Shell Reigns Supreme
Shell plc is the best risk-adjusted play among European supermajors due to its strong balance sheet, high credit quality, and natural gas-focused production mix. Shell and Equinor have the best credit ratings (Aa2) and lowest gearing, providing a cushion during market volatility. Shell's earnings sensitivity is lower than peers, thanks to its strategic pivot to natural gas, making it more resilient in fluctuating markets.
Trump Revokes Shell, BP Gas Licenses for Offshore Venezuela
The Trump administration has revoked Shell and BP's Venezuela gas licenses, escalating a crackdown that began with Chevron and now threatens Trinidad's energy security.
Shell's Subsidiary Starts Production at Dover in Gulf of Mexico
SHEL's Dover project in the Gulf of Mexico starts production, adding 20,000 boepd to the company's output and advancing its deepwater strategy.
Shell Taps Stena DrillMAX for Drilling Campaign Offshore Suriname
SHEL expects the drilling campaign to commence offshore Suriname in the second half of this year. The contract has been awarded to Stena Drilling via SHEL's subsidiaries.
Shell outlook trimmed at UBS on LNG dispruption
Shell Plc's first quarter earnings forecast has been trimmed by analysts at UBS, due to unexpected disruption to its liquefied natural gas operations. The Swiss bank now expects Shell to report net income of US$5 billion, down 1% from a prior estimate, and 4% below broader market consensus.
Shell Cuts Q1 LNG Production Outlook Ahead of Financial Results
SHEL revises its first-quarter LNG production estimate to 6.4-6.8 million tons, reflecting a reduction ahead of its financial results release on May 2.
Shell Cuts Q1 Gas Production Outlook
Shell (SHEL) on Monday said it lowered its first-quarter integrated gas production estimate, citing a hit to volumes from unplanned maintenance.
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.
