Shell Awards $1.98 Billion Contracts to Nigeria's Local Firms in 2023
SHEL boosts Nigeria's energy sector with $1.98 billion in contracts awarded to local firms in 2023, supporting business growth amid shifting operations.
RNLI benefits as Shell and Greenpeace settle bitter climate protest case
Shell and the environmental campaign group Greenpeace have settled a multimillion pound lawsuit brought over an at-sea protest.
Shell gets the thumbs up from leading US investment bank - here's why
JP Morgan has reaffirmed its 'overweight' rating on Shell PLC (LSE:SHEL, NYSE:SHEL), highlighting the company's potential to lead a new phase of efficient energy investments. Looking at the wider sector, the bank predicts that European oil companies will begin focusing on more specialised low-carbon growth strategies by 2025, balancing near-term performance with long-term sustainability.
Equinor, Shell Form JV to Secure UK Oil and Gas Production
EQNR and Shell join forces to create the UK's largest independent oil and gas producer, ensuring energy security and revitalizing the North Sea's maturing resources.
Shell: UK Upstream Merger Is A Good Sign For Shell And A Bad One For The UK
Shell and Equinor will merge their UK upstream assets into a 50/50 joint venture, creating the largest producer in the UK North Sea. The deal is the latest in the line of divestments by global majors which since 2017 have sold >$10B of UK assets. With the UK operating environment becoming increasingly challenging, we view the deal as key step for management to deliver on a more streamlined, higher value Shell.
Deny, defend, depose: UnitedHealthcare CEO killing shell casings had words written on them
Shell casings from the brazen slaying of UnitedHealthcare CEO Brian Thompson in midtown Manhattan had the words "deny," "defend," and "depose" written on them, NBC News reported. Those chilling words echo the title of a 2010 book, "Delay Deny Defend," whose subtitle is "Why insurance companies don't pay claims and what you can do about it.
Words found on shell casings where UnitedHealthcare CEO was shot dead
CNBC's Bertha Coombs joins 'Squawk on the Street' to discuss the latest developments in the fatal shooting of UnitedHealthcare CEO Brian Thompson.
Combining Shell, Equinor portfolios, we will be much stronger: Equinor
Camilla Salthe, senior vice president of UK head of upstream at Equinor, discusses the company's announcement to create a new U.K. oil and gas producer with Shell.
Shell-Equinor tie-up ‘corporate tidying-up' as North Sea prospects wane
Shell PLC (LSE:SHEL, NYSE:SHEL) and Equinor's North Sea merger plans will offer a string of benefits but come against a backdrop of the region's shift from an oil and gas to a renewable powerhouse. The duo on Thursday unveiled a deal to merge their UK North Sea assets to create Britain's largest independent oil firm with daily production of 140,000 barrels of oil equivalent.
Shell Plans to Cut New Offshore Wind Spend, Split Power Division
SHEL announces plans to scale back new offshore wind investments and restructure its power division, focusing on oil, gas and biofuels amid economic challenges.
Shell and Equinor join forces to make new UK North Sea business
Shell PLC (LSE:SHEL, NYSE:SHEL) and Equinor have struck a deal to combine their respective UK North Sea assets into a new company, which will become Britain's largest independent oil company. The joint venture company, to be based in Aberdeen, will own Equinor's Mariner, Rosebank, and Buzzard, alongside Shell's Shearwater, Penguins operations as well as a portfolio of exploration and development assets.
Equinor, Shell to Combine U.K. Assets
The energy majors will create a joint venture they say will be the biggest independent producer in the North Sea to help sustain domestic oil-and-gas production and secure energy supply in the U.K.
