Shell is considering a potential sale of its chemicals assets in Europe and the United States, the Wall Street Journal reported on Sunday, citing sources familiar with the matter.
SHEL expects the global LNG demand to rise by 60% by 2040, primarily due to rising Asian demand.
As Shell and BP merger rumors swirl, industry giants are consolidating to stay competitive. A new wave of oil mergers is changing the future of global energy.
Trinidad and Tobago plans to ask U.S. President Donald Trump's administration to extend a license for Shell and Trinidad's National Gas Company (NGCTT.UL) to develop a key gas project in Venezuela, four sources close to the preparations said.
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.
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.
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.
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 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 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'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.
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.