One of The Netherlands’ largest pension funds said it will continue to invest in nine oil and gas companies — including Shell and BP — while dropping dozens of others.
Ithaca Energy has completed its acquisition of Shell’s remaining 30% stake in the Cambo field, as it now looks to bring in a new venture partner ahead of investment sanction.
"At COP 28, governments should make them stop drilling and start paying for the damage their operations cause.”
Around 150 Kaefer contractors have started a week of strikes at a pair of Scottish gas plants operated by Shell (LON: SHEL).
Operators are waiting years for decisions on the contentious topic of whether they can leave structures in the sea.
It bolsters “our growth aspirations and ongoing commitment as a key partner in Egypt’s energy landscape. Successful delivery of our current exploration campaign is part of Shell Egypt’s growth strategy.”
Without the government’s new Energy Profits Levy, Shell said it wouldn’t have had to pay corporate tax in the UK.
“Two decades later, we’re proud to be one of Shell’s chosen contractors to take part in the completion of this field’s life cycle.”
“If we have another supply disruption from the US, from Norway or from the North Sea we will see more volatility,” he said.
If agreed, the settlement would help to open the way for an expansion of the Kashagan oil development, including construction of new gas-processing plants needed by the government, the people said.
UK Court of Appeal refuses to hear appeal from ClientEarth after its lawsuit against Shell's board of directors was dismissed in July
A French rule targeting ESG funds has the potential to force oil and gas divestments of €7 billion ($7.6 billion), according to an analysis by Morningstar Inc (NYSE: MORN).
Operator Bluewater Energy said it had made a precautionary shutdown of the Haewene Brim FPSO prior to the HSE warning and is now addressing the issues.
Updated: 150 Kaefer contractors at Shell operated Mossmorran and St Fergus energy plants set to strike
Unite members working as contractors for Kaefer at Shell operated plants vote to take a week of strike action between 27 November and 4 December.
“More than 20 months after their first cargo, Venture Global’s claim to still be commissioning a facility that, according to publicly available data, has been producing at around nameplate capacity for more than a year is simply unbelievable and increasingly untenable.”
More than 200 young women gathered in Aberdeen last week to discuss innovative solutions to global food, water and energy sector challenges as part of the annual Girls In Energy conference.
Shell (LON: SHEL) will need as much as one trillion cubic feet of gas from exploration licences in the West of Shetland to "truly whet its appetite", according to analysis by Wood Mackenzie.
A Greenpeace activist risked being “dragged under” the Shell (LON: SHEL) Penguins FPSO when they fell in the water during a protest this year, a legal document has revealed.
Shell (LON: SHEL) has threatened Greenpeace with a multi-million-dollar lawsuit over a protest held on one of its UK North Sea assets this year.
As such, the crude is a good fit for major buyers in Europe, NNPC said, and commands a premium to Brent. The crude has an API of 29 degrees.
Shell expects its Penguins FPSO to arrive in the UK North Sea in 2024 with start-up expected the same year, a spokesperson told Energy Voice.
The Athena team has been involved in the discovery of more than 10 billion barrels in the North Sea and West Africa.
Small and medium-sized enterprises, from two to 149 employees, are invited to apply.
Shell’s chief executive has said his firm will not “pretend to lead” on areas of the energy transition that it does not already have a foothold in.
Shell (LON: SHEL) expects to receive approval for its plans to decommission the legs of the Brent oilfield in 2024, a spokesperson has told Energy Voice.