Monday, 24 February 2025

Focus on Shell plc

FILE PHOTO: A Chevron gas station sign is seen in Austin, Texas, U.S., October 23, 2023. REUTERS/Brian Snyder/File Photo
BusinessNewsOil

Chevron prepares for North Sea exit after more than 55 years

Chevron is set to launch the sale of its remaining UK North Sea oil and gas assets, as it prepares for the $53bn...

Energy Minister Saad al-Kaabi sets out QatarEnergy's plans to boost LNG production capacity at the Qatar Economic Forum in Doha (AFP)
Liquefied Natural GasNatural GasNewsTrade

Qatar eyes more long-term gas supply deals this year

Energy Minister says Qatar LNG business is booming with 25m tonnes secured last year and 'huge demand' on the horizon.

FILE PHOTO: Iraqi Prime Minister Mohammed Shia al-Sudani attends the fifth plus and sixth licensing rounds for 29 oil and gas exploration blocks at the Oil Ministry's headquarters in Baghdad, Iraq, May 11, 2024. REUTERS/Thaier Al-Sudani/File Photo
BusinessFuelLiquefied Natural GasNewsOilPoliticsTrade

Chinese companies win licensing bids to explore Iraq oil and gas fields

Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for hydrocarbon exploration aimed at...

BusinessNatural GasNewsOil

Crescent Point reports Q1 loss due to non-cash impairment charge

Oil and gas producer Crescent Point Q1 results show a loss of nearly $412m.

Energy and Natural Resources Minister Jonathan Wilkinson speaks during a press conference at the National Press Theatre in Ottawa, Tuesday, May 7, 2024. Wilkinson says carbon capture technology is not too expensive or ineffective. Wilkinson is defending carbon sequestration systems after a high profile project in Alberta was abandoned over its price tag. THE CANADIAN PRESS/Sean Kilpatrick
Carbon ManagementEmissionsLegislationNewsPolitics

Canada’s energy minister defends carbon capture technology

Canada's Energy Minister Jonathan Wilkinson is defending carbon sequestration systems after a high-profile project in Alberta was abandoned over its price tag.

FILE PHOTO: A container ship passes Shell's Pulau Bukom refinery in Singapore November 17, 2020.  REUTERS/Edgar Su/ File Photo/File Photo
AnalysisBusinessIn-DepthIndustryNewsOil

Shell’s Singapore refinery sale and its market significance

Oil giant Shell said Wednesday it has agreed to sell its Bukom refinery – one of the world's largest oil refining and trading...

Octopus Energy recently overtook British Gas as the UK’s largest domestic electricity supplier (Danny Lawson/PA Wire)
BusinessElectricityFinanceNews

Octopus Energy valuation jumps to nine billion dollars as investors double down

Octopus Energy’s valuation has jumped nine billion US dollars (£7.2 billion) after two of its biggest investors increased their stakes in the business

Land-based wind turbines spin in Atlantic City. N.J., on Nov. 3, 2023. On Tuesday, April 30, 2024, New Jersey utility regulators opened a fourth round of solicitations for new offshore wind farm proposals to join the three that already have preliminary approval. (AP Photo/Wayne Parry)
CourtsNewsWind

Three groups are suing New Jersey to block an offshore wind farm

New Jersey wind power plans under threat after environmental approval questioned by lawsuit.

FILE PHOTO: The marine offloading facility at the LNG Canada site is pictured, in Kitimat, Canada, September 2022. LNG Canada/Handout/ File Photo
Liquefied Natural GasNewsTransmission

US stands to lose Canadian gas after LNG Canada terminal starts up

The start-up of LNG Canada is likely to strain its natural gas supplies and force producers to reduce US exports

Staff members work at the booth of Royal Dutch Shell at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017.    REUTERS/Toru Hanai/ File Photo
BusinessNews

Shell not looking at New York relisting at the moment, CEO says

Share buyback scheme is top of energy giant's agenda, claims CEO, as he denies Shell relisting on New York stock exchange.

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