158 articles
Shell acquires 30% stake in Equinor's Bay du Nord offshore oil project in Canada, advancing the project toward an investment decision targeted for early 2027.
Canadian oil and gas M&A exceeds $30 billion CAD this year, driven by high prices and conflict. Shell's $16.4 billion ARC acquisition leads a healthy consolidation wave expected to surpass 2017 totals
Aditya Birla Renewables aims to secure $1.5 billion in rupee loans to fund the $1.8 billion acquisition of Shell's Indian renewable energy arm Solenergi, avoiding costlier bridge debt.
Australia plans to legislate a Domestic Gas Reservation Scheme requiring LNG producers to reserve up to 20% of output for local buyers amid projected domestic shortfalls. The policy impacts major proj
Oil prices surged 5% to $105.3 per barrel amid escalating Middle East tensions and Hurricane Isaias disrupting Gulf of Mexico production. Shell and Chevron halted operations, raising inflation concern
Shell partially restarted its Pearl gas-to-liquids plant in Qatar to test facilities and build inventory after March damage, with full repairs expected by Q1 next year pending regional security condit
Shell and Chevron are curtailing offshore Gulf of Mexico operations and evacuating personnel as Tropical Storm Isaias approaches, with specific assets like Mars and Olympus being shut in ahead of the
Shell forecasts record refining margins of $42 per barrel in Q3 due to global fuel shortages, boosting Q2 profits to nearly $10 billion. The company also raised its gas production outlook following it
Shell CEO Wael Sawan states Middle East oil flows are near 80% of prewar levels, highlighting supply resilience amidst regional conflict. He cautions that prolonged war risks future disruptions, leadi
Shell CEO Wael Sawan identifies a competitive advantage in Venezuelan gas over heavy oil, citing five new agreements including participation in the 7-trillion-cubic-feet Loran offshore gas field.
TotalEnergies CEO Patrick Pouyanne stated he prefers a disruptive world for business opportunities, noting integrated energy firms benefit during conflicts. Profits surged alongside rivals Shell and B
Venture Global requests FERC authorization to commission Phase 1 of its Plaquemines LNG plant, aiming for commercial operations by October 31 for customers including Shell amidst high global LNG price
Kazakhstan resumed enforcement to collect a $5.2 billion fine from the Kashagan oilfield consortium over alleged sulphur-storage violations. Major operators including Shell and ExxonMobil dispute the
Shell and partners approved Phase 2 of the LNG Canada project, doubling export capacity to 28 million tonnes per annum with operations targeted for the early 2030s. This expansion positions Canada amo
Shareholders approved Shell's plan to double LNG Canada's export capacity to 28 million metric tons annually amid global supply shortages. The expansion targets Asian demand following Middle East geop
Record-low Rhine water levels have triggered a 15% surge in diesel shipping costs, threatening supply chains for major European chemical and energy producers. Companies including BASF and Shell face o
A Kazakh court dismissed NCOC's lawsuit to block a $5 billion environmental fine over sulphur storage violations. Major operators including Shell and Exxon Mobil face enforcement while the case procee
Shareholders including Shell are set to approve doubling LNG Canada's capacity to 28 million metric tons annually following a final investment decision. The expansion aims to meet global energy demand
Abu Dhabi’s XRG is exploring an acquisition of a stake in the Shell-led LNG Canada project to expand its natural gas portfolio amid regional supply disruptions. While discussions with partners like Pe
Qatar Energy Minister Al-Kaabi confirmed the North Field East LNG phase will start in H1 2027 due to Strait of Hormuz disruptions. Shell’s Pearl GTL facility aims to resume production next year as Qat
Shell has received the first electrolyzer stacks for its 100-MW Refhyne II green hydrogen plant in Germany, supplied by ITM Power. The facility aims to produce 16,000 metric tons of renewable hydrogen
Shell-led LNG Canada partners may reach a final investment decision on Phase 2 expansion by October, doubling total export capacity to 28 million metric tons annually amidst rising global energy secur
Shell, Axens, and Schneider Electric installed Europe's first industrial electric heater at a German base oil project. The technology replaces flame heaters to achieve zero direct CO2 and NOx emission
British Prime Minister Andy Burnham will meet CEOs of major firms, including oil majors BP and Shell, to discuss economic growth and infrastructure. The agenda covers the pending Jackdaw gas field dec
The UK government has postponed approval for the Shell and Equinor-backed Jackdaw gas field until after the October by-election, citing the need to consider environmental assessments and public repres
Wison Clean Energy partners with Shell to integrate Shell's Dual Mixed Refrigerant (DMR) liquefaction technology into its Floating Liquefied Natural Gas (FLNG) solutions. This collaboration makes the
Shell agreed to sell its RISEC Holdings interest to Constellation Energy for $715 million and acquire Hunlock Creek Generating's 169 MW natural gas capacity, with transactions closing in Q1 2027.
Australia relaxed its East Coast gas reservation rule for LNG exporters, replacing a fixed 20% quota with flexible production limits to ensure domestic supply. Major projects by Shell, Santos, and Ori
Kazakhstan suspended enforcement proceedings to recover $5 billion from the North Caspian Operating Company (NCOC) over alleged environmental violations at the Kashagan oil field. The move impacts maj
Shell and Engie signed a licensing deal for the KerEAUzen project in Le Havre, targeting 70,000 tons of sustainable aviation fuel annually by 2030 using green hydrogen and captured CO2. This €1.2–1.7
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