Investors hail Shell’s net-zero emissions pledge
Environmentally-minded investor groups have commended Anglo-Dutch oil and gas major Shell for committing to cut emissions to net-zero by 2050…
European markets closed on Monday at the lowest level in the last eight months
European markets have closed at the lowest level in the past eight months, after a significant decline in oil prices…
Exxon eyes UK North Sea exit after 50-year presence
Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and…
Exxon, Shell feel the pain of natural gas glut in Q2 results
The world’s oil majors are feeling the heat from steadily shifting their investments toward natural gas, as weak gas pricing…
Sarasin cuts Shell stake, criticising its climate strategy
London-based asset manager Sarasin & Partners has sold nearly 20% of its holdings in Royal Dutch Shell, saying the oil…
Shell plans to boost returns and become a force in power
Royal Dutch Shell outlined plans on Tuesday to boost shareholder returns after 2020, while also increasing spending on oil, gas…
Bulgaria OKs transfer of 20% of offshore block exploration rights from Shell to Repsol
Bulgaria’s government said on Wednesday it approved the transfer of 20% of the exploration rights on offshore Block 1-14 Khan…
Shell teams up with Dutch pension fund to bid for Eneco
Royal Dutch Shell and Dutch pension fund manager PGGM are considering a joint bid for Dutch energy company Eneco, which…
Gazprom shares fell after EU parliament seeked to block pipeline
Shares in Russian gas producer Gazprom fell on Thursday morning after the European Parliament voted to condemn its under-construction Nord…
Shell says talks over asset swap with Gazprom are suspended: Kommersant
Talks about a possible asset swap deal between Royal Dutch Shell and Gazprom have been suspended, Kommersant business daily reported…
Shell sets emissions targets, plans to link them to executive pay
Oil and gas major Shell has announced plans for carbon emissions targets linked to remuneration. Shell’s announcement was made at…
Shell bets on shale for flexibility in energy transition
Growing oil and gas production from shale fields will act as a “balance” for deepwater projects, the new head of…
Shell to ”turbocharge” its clean energy drive
Royal Dutch Shell is preparing to “turbocharge” its bid to become a global leader in clean energy in the coming…
Gazprom, Shell sign design concept pact for Baltic LNG project
Russian gas giant Gazprom and Anglo-Dutch oil major Shell have signed a framework agreement on the joint design concept for a planned Baltic LNG project, Kallanish Energy reports.…
Weak Turkish lira may favour SOCAR expansion plan
SOCAR wants to reach a 20% share of Turkey’s gas market, and the country’s recent economic woes are likely to…
Saudi Aramco signs preliminary gas deal with Shell
State oil giant Saudi Aramco signed a preliminary deal to pursue international gas opportunities with Royal Dutch Shell on Thursday…
Shell: LNG markets may need USD 200 bln. in investments by 2030
Shell projects that the global liquefied natural gas (LNG) markets may need up to $200 billion in investments by the…
Austrian energy group eyes blockchain with Vienna test
Wien Energie, the largest energy supplier in Austria, is testing a range of blockchain use cases in anticipation of rolling…