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SHELL OIL NEWS
With Lebanon ceasefire set, Trump envoy heads to Switzerland for US-Iran talksUS envoy Steve Witkoff and Iran's Foreign Minister Abbas Araqchi are in Switzerland for crucial talks aimed at solidifying a regional peace...- Airline miles may not go as far as the Iran war drives up fuel costs and summer faresAirline ticket prices and baggage fees have surged, impacting the value of travel rewards for summer trips. While dynamic pricing makes awa...
- Sales shift to state fuel retailers as Nayara, Shell cut lossesPrivate fuel sellers Nayara Energy and Shell saw sales drop significantly in April. They increased prices after the Iran war began. Consume...
- Shell’s Profit Surge: How Iran Tensions Powered Q1 EarningsShell reported its strongest quarterly profit in nearly two years, driven by gains in refining and energy trading amid Iran-related geopoli...
- UK's FTSE 100 slips as losses in energy stocks and AstraZeneca weighLondon’s FTSE 100 edged lower as losses in energy majors and AstraZeneca weighed on the index amid thin holiday trading. Weak crude prices ...
- Chevron, Shell to sign agreements for oil, gas areas in Venezuela, sources sayChevron is set to sign agreements to return a gas field in Venezuela and expand operations in the Orinoco heavy crude belt, while Shell pre...
- Shell denies it is in takeover talks with BPShell has refuted reports of takeover discussions with BP, emphasizing its focus on internal value capture through performance, discipline,...
- BP stock soars 7% as Shell eyes major takeover — could this be the biggest energy deal of the year?BP shares jumped 7% after news broke that BP is in early-stage talks with Shell for a possible acquisition. According to The Wall Street Jo...
- India explores to expand footprints in oil fields in far East RussiaAccording to reports, ONGC’s overseas investment arm OVL has offered to send more personnel with suitable expertise to partially fill the v...
- Shell to sell Russian retail and lubricants business to LukoilEnergy giant, Shell has announced the selling off its retail and lubricants business to Lukoil as the effect of the Russian invasion of Ukr...
- Shell says it will stop buying Russian oil, natural gasThe company said in a statement that it would withdraw from all Russian hydrocarbons, including crude oil, petroleum products, natural gas ...
- Shell to shift tax base to UK, ditch dual share structureThe Dutch government said on Monday it was "unpleasantly surprised" by Shell's plans to move to London from The Hague.
- Shell says to invest $5-6 billion annually in green energyThe energy major outlined extra cash for biofuels, electric car charging and renewables and said the group's crude oil production was gradu...
- BP, Shell, Total seek Norwegian green power for oil platformsOffshore installations at BP's Eastern Trough Area Project (ETAP), Shell's Shearwater and Total's Elgin-Franklin in the British sector of t...
- World to stay reliant on fossil fuel until 2050: Shell CEOThe world will remain heavily reliant on fossil fuels for the next 40 years, Shell's chief executive said Tuesday, as a massive US oil spil...
- Oil jumps on unexpected drop in US supplyOil prices rallied after an unexpected drop in crude stockpiles in the US.
- Essar submits formal bids for Shell’s 3 UK refineriesEssar Energy has officially entered the race to acquire three refineries from Royal Dutch Shell, pitting itself against US firm Valero, Lib...
- Shell may invest up to $300 mn in PeruA company official says that Royal Dutch Shell may invest up to US$300 million in oil and natural gas exploration in northern Peru.
- Oil prices up on word US ship fired on boats in Persian GulfOil prices rose sharply on Friday on news that a ship under contract to the U.S. Defense Department fired warning shots at two boats in the...
- Oil crosses $75 on supply fearsOIL rose more than $1 to above $75 on Thursday after Shell said it could give no timeline for restoring lost Nigerian output and a steep dr...
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