Shell urges investors to vote down activist’s climate resolution
Shell has urged shareholders to reject a climate change resolution filed by an activist investor at its annual general meeting next month.
Shell
Shell releases energy transition strategy ahead of AGM vote
British-Dutch oil major Shell published its Energy Transition Strategy today.
Shell, Equinor call for LNG progress from Tanzania
Shell and Equinor executives in Tanzania have issued a plea for the country to support the proposed LNG project in Lindi.
Shell North Sea boss Phimister takes job with Petroleum Development Oman
Shell North Sea boss Steve Phimister is moving to the Middle East as part of a new role with Petroleum Development Oman (PDO).
Shell hires rig for seven Malaysia wells
Shell is gearing up to drill seven wells off the East Malaysian states of Sabah and Sarawak after awarding a $17.68 million contract to Velesto Drilling.
Shell threatens to leave US trade groups over climate disagreements
European oil major Royal Dutch Shell on Wednesday urged U.S. oil and gas trade groups to take stronger positions in the fight against climate change under the threat of leaving them.
Updated: Watchdog criticises Harbour Energy over Armada platform condition
Safety watchdogs have criticised Harbour Energy over the condition of caissons on the Armada platform in the UK North Sea.
Shell receives £76m refund as part of UK Government tax scheme
Shell received a refund from the UK Government of around $100 million in 2020, according to new figures.
Texas storm to cost Shell up to $200million
The effects of the Texas storm are expected to cost Shell up to $200million (£144.7m), according to analysis issued by the oil giant.
Maersk Drilling lands £25million contract with Shell Malaysia
Maersk Drilling has won a contract worth $34million (£24.6m) with Shell Malaysia.
Shell brings in QP to Orange Basin
Qatar Petroleum (QP) has struck a deal to work with Shell at two blocks offshore Namibia.
BW wins FSRU deal for Philippines’ maiden LNG imports
First Gen has awarded a five-year deal that will see Norway’s BW Gas Limited supply a floating storage regasification unit (FSRU) to support its Interim Offshore LNG Terminal project in the Philippines.
Malaysia-Brunei unitisation pact bodes well for Shell
Malaysia and Brunei have finally formalised a previously stalled unitisation agreement for the Gumusut-Kakap and Geronggong-Jagus East fields that straddle the international maritime boundary between the two countries. The about turn bodes well for Anglo-Dutch supermajor Shell, which has stitched up most of the acreage in Brunei’s offshore.
Shell signs MoU with Sonatrach
Shell signed a memorandum of understanding (MoU) with Sonatrach last week, looking at potential trading opportunities.
Oil giants win climate suit as judges push for political fix
New York City suffered another setback in its effort to make Exxon Mobil Corp., BP Plc and other energy companies help cover the public costs of dealing with climate change, as a federal appeals court ruled the global problem demands political rather than legal action.
Number of Covid cases linked to Safe Zephyrus outbreak doubles
Further Covid-19 cases have been recorded on a North Sea accommodation vessel following outbreak earlier this week.
Chevron’s Australian business is least resilient among big upstream players
Rystad Energy estimates that Chevron, based on the gas reserves of its discovered fields in Australia, holds the top position in terms of non-producing assets, totalling 21 trillion cubic feet (Tcf), among the major upstream companies operating in the country.
Twist of irony as East Timor eyes LNG imports
East Timor is considering building a liquefied natural gas (LNG) import terminal and converting oil-fired power plants to gas in an effort to slash energy supply costs and cut greenhouse gas emissions. The move seems slightly ironic given the country advocated developing an LNG export complex for much of the past decade.
China’s mega-refineries are throttling other Asia oil processors
The rise of China’s mega-refineries was always going to make life tougher for their competitors across Asia. But the fallout from Covid-19 is hastening the impact and accelerating consolidation across the region.
Covid-19 cases confirmed aboard North Sea accommodation vessel
Shell has said it is taking “all appropriate precautions” after a handful of Covid-19 cases were detected aboard an accommodation vessel stationed on one of its North Sea fields.
Shell seeks foothold in Philippines LNG market
Anglo-Dutch supermajor Shell has received a notice to proceed (NTP) for a proposed liquefied natural gas (LNG) import scheme in the Philippines.
Shell and Deltic to drill ‘vital’ southern North Sea prospect in 2022
Shell and partner Deltic Energy have confirmed plans to drill the “high-impact” Pensacola prospect in the UK southern North Sea.
Strong Asian LNG demand set to tighten mid-term market
Analysts at Bernstein see tighter liquefied natural gas (LNG) markets ahead as limited supply growth meets strong demand, particularly from Asia, which could push prices higher.
Shell looking at options for new Aberdeen headquarters
Oil major Shell is on the hunt for new headquarters for its Aberdeen workforce.
Milan court clears Eni, Shell of OPL 245 wrongdoing
A Milan court has acquitted Shell and Eni, and their executives, of allegations of wrongdoing around Nigeria’s OPL 245 licence.