Why ExxonMobil, Shell, and ConocoPhillips Stocks Dropped Tuesday
Can you afford to wait another year for oil prices to rise? Can you afford not to buy oil stocks before they do?
Nigerian Communities Win Legal Battle Against Shell
The UK Court of Appeal rules against SHEL, paving the way for a full trial in the environmental justice case filed by two Nigerian communities.
Jeff Shell is about to lead Paramount. He may have runway to make bold changes he couldn't at NBC
Former NBCUniversal CEO Jeff Shell is primed to take over as president of Paramount Global after its merger with Skydance Media is complete. Shell developed a reputation at NBCUniversal for having big ideas and what one former coworker described as a "shoot first and aim later" mentality.
US regulator denies Shell's request for older Venture Global LNG's documents
Shell on Thursday lost a bid to have U.S. regulators allow it to view nonpublic commissioning documents related to Venture Global LNG's Calcasieu Pass facility, a setback in a broader dispute over access to cargoes from the plant.
Shell Issues Q3 Profit Warning Over Lower Refining Margins
SHEL's profit margin in the Refining segment has dropped 30% sequentially, mainly due to a decline in the demand for refined products globally.
Shell Signs Massive Naphtha Supply Agreement With QatarEnergy
The naphtha supply deal strengthens the long-standing partnership between SHEL and QatarEnergy. QatarEnergy will supply 18 million metric tons of naphtha to Shell for 20 years.
Should I 'buy' Shell or BP? Here's what a leading investment bank has to say
Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC face mixed forecasts as they prepare for third-quarter reports, according to JP Morgan's latest research on the oil and gas sector. Both companies are expected to see lower profits in the upcoming quarter, though Shell's outlook is seen as more stable than BP's, reinforcing its position as a preferred investment.
QatarEnergy signs 20-year naphtha supply deal with Shell
QatarEnergy has entered into a long-term naphtha supply agreement with Shell , supplying up to 18 million metric tons of naphtha to the London-listed company over 20 years from next April.
Shell: Remuneration And Consistency Are Key, Reiterating Buy
Iran's attack on Israel has escalated tensions, causing crude oil futures to jump. The country's crucial role in OPEC and potential sanctions could lead to sudden changes in oil prices. Shell is progressing well in lowering costs and improving FCF generation. Supportive shareholder remuneration and discounts to peers make SHEL a buy.
Shell (SHEL) Increases LNG Production Forecast Amid Declining Refining Margins
Shell (SHEL, Financial) saw its shares rise by 1.56%, reaching $69.58. The company announced expectations of a significant decline in refining margins for the third quarter due to reduced global demand, which also impacted oil product trading earnings.
Shell expects sharp drop in refining margins and higher liquid-natural-gas volumes
The energy giant said it expects to report a sharp drop in its refining margins when it posts its upcoming third quarter results on Oct. 31.
Shell follows Exxon as it hits the downgrade button
Shell PLC (LSE:SHEL, NYSE:SHEL) weighed in with what is likely to be part of a sectorwide rebasement of forecasts as it reported a sharp decline in refining profit margins for the third quarter due to weaker global demand. In a trading update ahead of its quarterly results, Shell noted that indicative refining margins fell by nearly 30%, dropping to $5.5 per barrel from $7.7 in the previous quarter.
