Paramount says its board of directors followed “standard practice” in evaluating the conduct of President Jeff Shell before his exit from the company. In a statement Wednesday, Paramount said Shell has been a “valued advisor” to the company, having joined Skydance in 2024 before the company's eventual merger with Paramount.
Paramount President Jeff Shell is leaving his position after a lawsuit accused him of violating SEC rules. The company said in a statement that the claims were "baseless.
ExxonMobil CEO Darren Woods famously deemed Venezuela's energy sector to be “uninvestible” in his company's view during a White House meeting on January 9. On Monday, J.P.
BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) led UK energy stocks lower on Wednesday after oil prices slumped following news of a two-week ceasefire in the US-Iran conflict and signs that traffic through the Strait of Hormuz could resume.
Shell PLC (LSE:SHEL, NYSE:SHEL) revealed that first-quarter gas production will fall from the previous quarter after disruption linked to the war in the Middle East. Ahead of full first-quarter results early next month, the FTSE 100 oil and gas giant said integrated gas output is expected at 880,000 to 920,000 barrels of oil equivalent per day, down from 948,000 in the fourth quarter, reflecting the impact of fighting in the Gulf on volumes from its Qatar operations.
Shell trimmed the first-quarter outlook for its integrated gas production in a quarterly trading update published on Wednesday, reflecting the impact of the Middle East conflict on Qatari volumes.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
SHEL plans deeper investment in Egypt's gas sector, boosting LNG capacity and exports as the country pushes to become a key regional energy hub.
SHEL reportedly eyes major Venezuela gas expansion, targeting Dragon and nearby fields to boost LNG output via Trinidad and secure a stronger regional energy foothold.
Shell and BP shares are in a strong bull market and are trading at their all-time highs as Donald Trump's war against Iran continues, pushing crude oil and natural gas prices higher. BP and Shell shares have pumped to a record high BP soared to a record high of 607p on Thursday, up by 95% from its lowest level last year.
Shares in BP PLC (LSE:BP.), Shell PLC (LSE:SHEL, NYSE:SHEL) and Centrica PLC (LSE:CNA) were leading the small band of FTSE 100 risers on Thursday, as oil and gas prices rose after Donald Trump said the US "will hit Iran extremely hard" over the next few weeks to bring the war to an end.
Shell (SHEL) reached $92.03 at the closing of the latest trading day, reflecting a -1.04% change compared to its last close.