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February 3, 2022
TOP NEWS: Shell boosts shareholder returns as earnings gusher in 2021 | Financial News
February 3, 2022
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
July 29, 2021
LONDON BRIEFING: Lloyds Banking to Embark on wealth management drive Thu, 29th Jul 2021 08:23 (Alliance News) - Lloyds Bankings on Thursday followed peer Barclays in announcing a big improvement to second-quarter results, while also restoring its payout and announcing an acquisition to accelerate its push into wealth management. Lloyds said it swung to a GBP3.91 billion pretax profit in the first half of 2021, from a GBP602 million loss a year earlier. The lenders net income rose 2.0% to GBP7.5...
May 18, 2021
By Jaime Llinares Taboada Royal Dutch Shell PLC shareholders on Tuesday backed the companys energy transition strategy at the annual general meeting. An advisory vote on Shells energy transition strategy received 88.74% of support at the meeting, the Anglo-Dutch energy major said. Meanwhile, a shareholder proposal urging Shell to set and publish targets consistent with the goals of the Paris Climate Agreement, and to report on the strategy, policies and progress made at least on an a...
April 15, 2021
3 Min Read LONDON (Reuters) -Royal Dutch Shell said on Thursday the majority of its oil and gas reserves will be produced by 2050, playing down the risk of stranded assets as it prepares to reduce its greenhouse gas emissions in the coming decades. Slideshow ( 2 images ) The disclosure is a rare admission by a major oil and gas company that some of its reserves may be worthless in a world shifting to renewable energy from fossil fuels in an effort to stem global warming. The Anglo-Dutch company...
February 17, 2021
Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company sources said.
February 11, 2021
LONDON (AP) — Royal Dutch Shell, one of the multinationals that has defined the oil...
February 11, 2021
LONDON (AP) — Royal Dutch Shell, one of the multinationals that has defined the oil industry, is slowly turning away from the fossil fuel that made its fortune over the
February 11, 2021
Shell plans to boost nature-based offsets and carbon-capture technology to mitigate emissions Ron Bousso and Shadia Nasralla LONDON Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Benoit Tessier/Reuters Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, raising its ambition fro...
February 11, 2021
The company plans to close seven refineries and reduce production of gasoline and diesel fuel by 55% over the next decade.