Monday, 24 February 2025

Focus on Shell plc

Octopus Energy took over Bulb in 2022 with a package of Government support (Leon Neal/PA)
BusinessFinanceInfrastructureNewsUtilities

Octopus Energy to repay £3bn of UK taxpayer money used for Bulb takeover

Octopus Energy will pay the Government nearly £3bn to reimburse the public money it received to take over collapsed energy supplier Bulb

FILE PHOTO: The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFuelLiquefied Natural GasMaritimeNewsOilTransport

Singapore’s Temasek to sell Pavilion Energy to Shell

Shell hopes the deal with Temasek will strengthen its position in the liquefied natural gas market.

FILE PHOTO: Holding tanks are pictured at Colonial Pipeline's Linden Junction Tank Farm in Woodbridge, New Jersey, U.S., May 10, 2021. REUTERS/Hussein Waaile/File Photo
BusinessFinanceFuelNewsOilTransmission

Some Colonial Pipeline owners eye stake sales at $10 billion-plus company valuation, sources say

Some of Colonial Pipeline's owners are exploring divesting their stakes, hoping they can fetch prices that would value the largest U.S. fuel transportation...

AnalysisClimateCoalElectionsEmissionsFuelNatural GasOilOpinionPolitics

Opinion: The world no longer needs new fossil fuels – and the UK could lead the way in making them taboo

Opinion: If governments stop new projects, the production and consumption of fossil fuel will gradually decline over coming decades as existing assets reach...

FILE PHOTO: The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessCarbon ManagementLabourNewsOil

Workers at Shell’s Scotford facility in Canada move to set up strike vote

The union representing workers at Shell's Scotford refinery in Canada says members have applied to the Alberta labor regulator for a strike vote...

Labour will have £4.7 billion in annual funding for green policies, according to its manifesto (Andrew Milligan/PA)
ClimateElectionsElectricityFuelNewsPolitics

Labour to borrow £3.5bn a year to help fund green policies

At its manifesto launch on Thursday, the party said the extra money will go towards setting up its previously announced state-owned energy investment...

FILE PHOTO: Temasek logo is seen in this illustration taken November 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFuelLiquefied Natural GasNews

Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say

The deal will provide Shell, already the world's top LNG trader, with access to gas markets in Europe and Singapore.

FILE PHOTO: Semi trucks drive past a giant U.S. flag displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
BusinessClimateCourtsEmissionsNewsOilPolitics

California seeks company profits in Big Oil climate lawsuit

California's attorney general on Monday sought to force the world's biggest oil companies to give up profits the state alleges they made while...

FILE PHOTO: People are pictured at Waikiki Beach in Honolulu, Hawaii August 25, 2015. REUTERS/Marco Garcia
ClimateCourtsEmissionsNatural GasNewsOilPolitics

Supreme Court seeks US government views on Honolulu climate suit against oil companies

The U.S. Supreme Court on Monday asked President Joe Biden's administration to offer its views on a bid by Sunoco and other oil...

A flare stack lights the sky from an oil refinery in Edmonton on Friday December 28, 2018. Executives of some of Canada's largest oil and gas companies are expected to testify before a parliamentary committee Thursday about their efforts to reduce their sector's greenhouse gas emissions.  THE CANADIAN PRESS/Jason Frans
BusinessCarbon ManagementEmissionsFuelNatural GasNewsOilPoliticsWeather

Canadian oil and gas CEOs testify before Commons environment committee

Canada's federal government has proposed a legislated cap on emissions from the oil and gas sector, something the industry opposes.

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