Hints and tips:
Related Special Reports
...Top oil industry executives have hit out at US President Joe Biden’s decision to pause approvals for new liquefied natural gas export terminals, with Shell’s CEO warning it will “erode confidence” in an...
...British oil and gas giants Shell and BP have jointly given at least £19.7mn to the university in philanthropic and research funding between 2016 and 2023, according to FT analysis of university data, which...
...Gas and power trading has overtaken oil as the biggest source of profits in the sector, contributing almost half of the industry’s gross earnings in 2022, according to Oliver Wyman....
...A separate letter from BP concurred with Shell’s position....
...The valuation gap between US and European oil groups is a “major issue” making it more likely that companies will consider moving their listings to New York, said former Shell chief executive Ben van Beurden...
...On Tuesday, Shell’s former chief executive, Ben van Beurden, decried the growing gap with US-listed companies, saying the oil giant was “massively undervalued” in London....
...Candidates include Shell, Total and Chevron, which are all drilling, or planning to drill, in the same Orange oil basin....
...“The knowledge that this has partly been the result of Shell’s activities of pumping and burning oil and gas . . . for our argument towards the Dutch court, that is indeed favourable,” he said.Shell recently...
...oil sector....
...The former head of Shell has said the oil major is “massively undervalued” in London and may benefit from switching its listing to the US, in another blow to sentiment surrounding the UK stock market....
...“He really led Shell’s work during his tenure as CEO on transitioning it across oil and gas, renewables, sustainable aviation and transportation.”...
...Shell on Thursday introduced a new ambition to cut the absolute emissions from the oil products it sells by 15-20 per cent from 2021 levels by 2030, but it intentionally excluded gas as a “critical fuel...
...Shell’s chief executive warned that Europe’s decline in industrial activity following Russia’s war in Ukraine was an “unsustainable” energy security strategy and urged the continent to keep the import of...
...Rather than a commitment to cut the absolute emissions, carbon intensity is an accounting treatment that allows Shell to offset the carbon produced by its oil and gas business against its growing sales of...
...Shell’s oil division also performed well, generating profits of $3bn underpinned by higher production than the previous quarter, but its refining operations suffered....
...Sluggishness in refining at Shell chimes with what other oil producers are seeing....
...The oil major added that demand for natural gas “has peaked in some regions and globally is set to peak after 2040”. LNG is natural gas liquefied by cooling it to minus 162C....
...Europe’s largest oil and gas company said on Thursday that adjusted earnings were $28.3bn, down about a third from the record set in 2022 but higher than any other year since 2011....
...Shell has agreed to sell its onshore oil production business in Nigeria following a flood of other international groups seeking to withdraw from the country’s restive Niger Delta region....
...The oil company Shell has been on trial repeatedly in recent years — in court, in the theatre and now on the opera stage....
...faced by the oil and gas group....
...Last month, a group of 27 investors filed a shareholder resolution at Shell, calling on the oil and gas company to set a medium-term target to cut its greenhouse gas emissions....
...Shareholders have rejected Australian oil and gas company Woodside’s climate plan with a record 58 per cent voting against it....
...“This is another important milestone,” said Machteld de Haan, executive vice-president for chemicals and products at Shell....
International Edition