Page 209 - Shell Plc News Today

Big Oil — a group that includes Shell Plc, TotalEnergies SE, BP Plc, Exxon Mobil Corp and Chevron Corp — is raking in historic amounts of cash, but the windfall isn’t being invested in new production to help displace Russian oil and gas. Instead, executives are rewarding shareholders — setting the world up for an even tighter energy market in the years ahead.

Author of the article: Bloomberg News Rachel Morison (Bloomberg) — Dan Loeb’s Third Point LLC has increased its $750 million stake in the energy giant Shell

The U.K. Treasury will get a boost from Big Oil's tax payments for the first time in years as high energy prices send companies' profits surging.

Shell Plc is reportedly in discussions over the sale of Shell Neft, its chain of retail fuel stations in Russia, as part of its exit plan

Investegate announcements from Shell plc, Transaction in Own Shares

Shell Plc is in talks to sell its fuel stations in Russia as it withdraws from the country in response to the invasion of Ukraine.

Oil headed for its first back-to-back weekly gain since early March on signs the market is tightening as the European Union moved toward banning Russian crude and the US said it would refill its strategic reserves. West Texas Intermediate rose toward $109 a barrel, and is up 4 percent this…

From pre-pandemic levels as domestic refineries close, according to energy consultant Citac.

/PRNewswire/ -- Rising use of naphthenic base oils in the making of metalworking fluids, greases, and industrial lubricants has contributed to the expansion of...

THE HAGUE (dpa-AFX) - Shell Plc (SHEL) reported that its first-quarter CCS earnings attributable to shareholders increased to $5.03 billion from $4.34 billion, prior year. Adjusted earnings per