Page 230 - Shell Plc News Today

The case is thought to be the first time ever that a company’s board has been challenged over its failure to adequately prepare for the energy transition.

(Bloomberg) -- Away from the public eye. That’s where Russian crude is going as buyers tread carefully in their dealings with the pariah producer.  The market is waiting to see if Russian firms such as Surgutneftegas PJSC proceed with monthly sell tenders for ESPO crude this week.

Russian oil may end up stored in tankers off nations such as Singapore and Malaysia awaiting buyers as consumers assess the repercussions of taking the nation’s crude, according to an analyst at PetroChina Co.

Investegate announcements from Shell plc, Transaction in Own Shares

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.

Russia’s 40-year effort to create a Western-style market economy is one more casualty of Putin’s invasion of Ukraine.

Shell Plc and Eni SpA both declared force majeure on key oil flows from Nigeria, threatening to disrupt supplies in a market that’s already fretting about the impact of Russia’s invasion of Ukraine.

Ominous signs are showing that more turmoil is still coming

Even after one of the worst starts to an equity trading year in history, the market upheaval might just be getting started. Ominous signs are piling up that more turmoil is still coming, as key indicators point towards a potential recession.

Senator Sheldon Whitehouse is pitching a steep new tax.