Friday, 4 April 2025

Focus on Shell plc

FILE PHOTO: A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo
BusinessNewsOil

Shell earns $1 billion a year from US crude trading, court filing shows

In Texas court case brought by former employee, Shell earnings revealed for annual crude training in the United States.

The trading floor of Norges Bank Investment Management, the Nordic countryÕs sovereign wealth fund in Oslo, Norway, June 2, 2017. REUTERS/Ints Kalnins/File Photo
BusinessEconomyFinanceNews

Norway wealth fund falls short on climate ambitions, NGO says

'Misalignment' reported between Norway wealth fund's push for net zero and actual voting record at oil major AGMs.

FILE PHOTO: The Swiss National Bank (SNB) building is seen near the Limmat river in Zurich, Switzerland March 23, 2023. REUTERS/Denis Balibouse/File Photo
ClimateEnvironmentNewsOil

Climate groups picket Swiss National Bank’s shareholder meeting

The picket follows a decision by Europe's top human rights court that Bern was not doing enough to protect its citizens from climate...

The sun sets behind spinning land-based wind turbines in Atlantic City, N.J., on Dec. 13, 2023. On April 24, 2024, eight Jersey Shore towns wrote to New Jersey utility regulators saying that a proposed wind farm off Long Beach Island will be costlier than expected. (AP Photo/Wayne Parry)
ElectricityNewsOffshore WindPoliticsRegulationsWind

Gusts of activity underway by friends, foes of offshore wind energy projects in NJ, NY

Shore towns spanning much of New Jersey's 127-mile coastline wrote to the state's Board of Public Utilities, saying the proposed Atlantic Shores wind...

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
FuelLiquefied Natural GasNatural GasNews

Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan

Gas prices to come down as growth in output will boost efforts to transition industries away from coal, says report.

FILE PHOTO: Equinor's logo is seen next to the company's headquarters in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo
BusinessClimateNewsOil

Investors push Equinor to align strategy with global climate goal

Norwegian oil company majority-owned by government under fire after minority investors push for spending in line with Paris Agreement.

FILE PHOTO: Galp Energia logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Galp says field off Namibia could contain 10 billion barrels of oil

Portuguese company finds high potential for oil extraction after exploring Mopane field oil wells.

BusinessCarbon ManagementNatural GasNews

BP cuts size of executive team, names new head of gas & low carbon energy

The British company said it would reduce the size of its executive leadership team to 10 members from 12, in a bid to...

BusinessEmissionsFuelNews

Shell urges investors to reject shareholder group’s climate demands

A resolution, filed by a group of investors with around $4 trillion under management, urges Shell to align its medium-term carbon reduction targets...

LegislationNatural GasNewsPolitics

Dutch Senate approves law to permanently close Groningen gas field

The Dutch Senate has approved a law to permanently close the Groningen gas field in the north of the Netherlands.

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