Shell Plc News Today

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The Federal Court has found Active Super made misleading representations regarding its ESG credentials, specifically around excluding Russian investments at the time of the Ukraine invasion.

Nigeria aims to develop its lithium mining industry as a sustainable alternative to dwindling oil reserves, prioritizing local processing and tackling illegal mining practices.

Saudi Arabian Oil Co is looking to expand in natural gas.

Shares of Saudi Aramco slid to the lowest level in more than a year.

International Business News: Saudi Arabia is preparing to formally launch a secondary offering of shares in oil giant Aramco as soon as Sunday, a deal that could raise more than $.

The government plans to run a book-building process to take orders until next Thursday, people familiar with the matter said, asking not to be identified as the information is private.

Saudi Aramco plans to achieve net-zero emissions by 2050 without reducing oil and gas production, relying on technologies like carbon capture and blue ammonia.

Shell had been spending heavily in offshore wind, aiming to leverage its experience extracting oil and gas at sea to become a leader in the technology. But soaring costs in the sector and a renewed focus on driving returns for shareholders under CEO Wael Sawan has led the company to back away from the energy source.