Tag Archives: Royal Dutch Shell

Global energy giant Shell will foray into retailing LNG for long-haul transportation like trucks, with its first filling station coming up in Gujarat this year as it bets big on the Indian gas market, a senior company official said. Shell operates a 5 million tonnes a year liquefied natural gas …

U.S. natural gas can easily replace Russian gas in Europe, the chief executive of EQT, the country’s largest producer of gas, told the BBC in an interview. “We’ve got the ability to do more, the desire to do more,” Toby Rice told the BBC, estimating that the United States had …

Energy giant Shell says it will stop buying Russian oil and natural gas as well as shut down its service stations and other operations in the country amid international pressure for companies to sever ties over the invasion of Ukraine. Shell says in a statement Tuesday that it would withdraw …

Russian liquefied natural gas will remain an important factor to support energy security of the Asia-Pacific Region for coming decades, chief executive of Shell in Russia Ekaterina Grushetskaya told TASS. “Forecast indicators contained in the Shell’s report on LNG global market development prospects posted today will certainly be a good …

Europe’s Big Oil companies are planning to spend their windfall from high energy prices on becoming Small Oil. Surging oil and gas prices in 2021 delivered billions of dollars in profits to top oil companies, in stark contrast to the previous year when energy prices collapsed as the coronavirus pandemic …

The global upstream sector is set for a rebound next year, when overall investment in exploration and production is expected to exceed $400 billion for the first time in three years. Yet, despite record high cash flows and oil at over $70 a barrel, reinvestment rates will stay at near …

While TotalEnergies, Qatar Energy and Petronas won the rights to develop the coveted Sepia field, Brazil’s state-run Petrobras, formally Petroleo Brasileiro SA, later entered the consortium by exercising preference rights. Petrobras, Total and Shell secured the nearby Atapu field. The auction was widely seen as a test of Brazil’s investment …

Shell has ended a century of history as a dual-national company by approving a proposal to base itself in London. During an extraordinary meeting of shareholders in Ahoy in Rotterdam, 99.77% voted in favour of relocating the company’s headquarters. Shell was founded in 1833 as an import-export business of tropical …

Several international oil supermajors are planning to boost production while also promising to decrease their greenhouse gas emissions over the next decade and beyond. This seemingly counterintuitive strategy is the result of pressure from international organizations to decarbonize and the continued climb of energy demand around the world. Royal Dutch …

Royal Dutch Shell is considering a return to Libya with a plan to develop new oil and gas fields and infrastructure, as well as a solar project, two sources said, a decade after exiting the North African country because of unrest. The plan, details of which were seen by Reuters, …