Shell's full year update will be all about the cashflow, says analysts
Shell PLC (LSE:SHEL, NYSE:SHEL) left City analysts underwhelmed with its fourth quarter production update on 8 January, with lower LNG earnings and trading income' significantly down'. While the share price has moved up since that is more to do with the rally in crude prices generally than any great enthusiasm for the oil and gas giant following the update.
Shell sees another veteran depart as executive overhaul continues
Shell PLC (LSE:SHEL, NYSE:SHEL) has announced more senior management changes with the head of renewables solutions and a thirty-year company veteran Huibert Vigeveno standing down. Vigeveno is leaving to pursue other opportunities, said the statement for the oil giant, with Machteld de Haan appointed to the role of Director, Downstream, Renewables and Energy Solutions from 1 April 2025.
Shell says director of renewables and energy solutions to step down
Shell said on Thursday Huibert Vigeveno, its director of Downstream, Renewables and Energy Solutions will step down after 30 years with the energy major, and be replaced by insider Machteld de Haan.
Shell-CNOOC JV to Expand its Petrochemical Complex in China
SHEL has taken a final investment decision to expand its petrochemical complex in China through CSPC, a Shell-CNOOC joint venture.
Shell finances give it edge over BP, broker suggests
Shell PLC (LSE:SHEL, NYSE:SHEL) has the edge over BP PLC (LSE:BP.) going into 2025 due to their respective balance sheets, according to analysts at JP Morgan.
Shell to halt Spain gas trading, relocate staff, Cinco Dias reports
Shell plans to close its Madrid gas trading operations for tax reasons, Spanish newspaper Cinco Dias reported on Wednesday, citing unnamed sources close to the matter.
Shell-CNOOC joint venture to expand south China petrochemical complex
A joint venture of Shell and CNOOC plans to expand its petrochemical facility in south China's Guangdong province in a project targeted for completion in 2028, it said on Wednesday.
'Drill, baby, drill' should allow US to 'keep a lid' on oil prices
Oil (CL=F, BZ=F) prices are decreasing, with Exxon Mobil (XOM) and Shell (SHEL) shares ticking down as they respectively cite narrowing refining margins and slowing natural gas (NG=F) sales. On Market Domination, Tortoise senior portfolio manager and managing director Rob Thummel discusses the valuation of top energy companies while addressing the mantra behind Republican leaders and President-elect Donald Trump's stance on US oil, better known as "Drill, baby, drill.
BP, Shell tick up as oil prices surge on Russian sanction fears
BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) shares ticked up on Friday in line with a surge in oil prices on fears around new US sanctions against Russia.
Shell: Undeniably The Best Value Of The Super Majors
Shell beats out XOM, CXV, and TTE in free cash flow per share growth over a three-year period by a mile. This is made possible by the company's steadfast commitment to buying back shares. Due to the company's extremely low valuation, this is likely the best possible use of cash for shareholders.
Shell Hits Snag Offshore Namibia, Records $400M Financial Write-Down
SHEL deems the oil discovery located in Namibia's offshore block PEL 39 commercially infeasible for development.
Shell begins production at Whale in US Gulf of Mexico
Oil and gas major Shell said on Thursday it had started production at the offshore floating facility Whale located in the Gulf of Mexico.
