Page 224 - Shell Plc News Today

OPEC and its allies signaled that they still see no need to adapt their oil-supply plans even as the Russia-Ukraine conflict threatens the biggest market disruption in decades.

Londons FTSE 100 ended lower on Monday, as gains in consumer staples on the back of weaker pound were countered by weaker energy stocks as oil prices fell on China demand worries. After... | March 28, 2022

Only a handful of nations -- including the U.S. and the U.K. -- have imposed explicit bans on imports of Russian oil. Still, many of the country’s traditional customers have undertaken a self-imposed buyers’ strike in response to the war.

“I will not give them for free to Mr. Putin,” TotalEnergies CEO says of the company’s Russian assets.

(Bloomberg) -- The trading arm of Russia’s gas giant Gazprom PJSC is under increasing pressure as clients and peers flee in response to the war in Ukraine, posing a risk for energy markets from the U.K. to Germany and Singapore.

Shell Plc announced strategic cooperation with BYD on Thursday to help accelerate China's energy transition and improve charging experience of BYD customers who use battery-powered electric vehicles and plug-in hybrids in the fast-expanding new energy vehicle sector.

(Bloomberg) -- Canada will increase oil and gas exports by the equivalent of 300,000 barrels a day to help nations that are trying to shift away from Russian supplies, the country’s resources minister said.

(Bloomberg) -- There’s growing anxiety that Europe might run out of diesel following Russia’s invasion of Ukraine -- and little wonder given that the continent has historically taken about 20% of its imports from the country.

Meanwhile, Canada vows to help Europe decrease dependency on Russian oil.

Chevron Corp., Exxon Mobil Corp., Shell Plc, TotalEnergies SE and Italy’s Eni SpA are among international companies with stakes in Kazakhstan’s oil fields.