Page 18 - Shell Plc News Today

(Bloomberg) -- The formidable task of refilling the world’s largest government oil stockpile is like mixing oil and vinegar. Only in this case, the vinegar is actually just more oil — a super-thin crude from South Texas.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyEpstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings ClaimBonds Fall After $25 Billion Sale as...

The global energy major has reached out to investors such as KKR and Brookfield for the stake sale. Shell is open to a part or full sale of the unit, which is expected to fetch an enterprise value of $1.6-1.8 billion

(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildWall Street Snubs China for India in a Historic Markets Shift‘Money Dysmorphia’ Traps Millennials and Gen ZersNYCB’s Credi...

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Shell Plc is looking to sell part of its stake in a wind farm it built off the coast of the Netherlands as the company aims to drive more value for shareholders. ...Under Chief Executive Officer Wael Sawan, Shell is focused on delivering returns for its investors. That means a change in tactics for its renewable energy business.

(Bloomberg) -- Oil producer California Resources Corp. will buy Aera Energy LLC in a deal that values the company at about $2.1 billion, including debt, building its drilling portfolio in the Western state.Most Read from BloombergChina Replaces Top Markets Regulator as Xi Tries to End RoutHaley Loses Nevada Primary to ‘None of These Candidates’ OptionTesla Asks Which Jobs Are Critical, Stoking Layoff FearsTrump Denied Immunity in DC Election Case by Appeals CourtUS Commercial Real ...

(Bloomberg) -- Oil supermajors returned more cash to shareholders than ever before last year as management teams reined in spending on new projects to free up cash for dividends and buybacks. There may be more to come. Most Read from BloombergTesla Asks Which Jobs Are Critical, Stoking Layoff FearsHaley Loses Nevada Primary to ‘None of These Candidates’ OptionChina Replaces Top Markets Regulator as Xi Tries to End RoutUS Commercial Real Estate Contagion Is Now Moving to EuropeCitad...

The No. 2 U.S. oil and gas operator incurred $3.7 billion of charges stemming mostly from assets in its home state of California and the dismantling of decades-old infrastructure in the Gulf of Mexico. Annual production climbed 4%, primarily boosted by rising output in the Permian basin and other U.S. fields.

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