Page 80 - Shell Plc News Today

At a time when global recession concerns have depressed global oil prices to pre-Ukraine war levels, prices of Middle Eastern oil have skyrocketed...

Middle Eastern oil prices have dramatically surged due to an unexpected increase in demand from Chinese and Asian refiners, shaking the global oil markets.

Shell may struggle to attract and retain talent in low-carbon businesses as it pivots back to fossil fuels. Read more 

Shells pivot back to oil and gas was too much for one of its power traders.

Tanzania wants to launch an oil and gas licensing round in the first quarter of 2024 to bring in more investors as European nations move to diversify energy sources and cut reliance on Russian gas

(Bloomberg) -- The Church of England Pensions Board will offload its stake in Shell Plc as part of a total exit from oil and gas, as the influential investor turns its back on companies it says are failing to address climate risks.Most Read from BloombergTitanic Sub Search Chases Mystery Noises as Air Runs LowModi Meets With Elon Musk and Ray Dalio as Global Money Flocks to IndiaChina Says Biden Calling Xi a Dictator Is ‘Provocation’Modi’s Yoga Mastery Shows Indian Democracy...

Chinas Cnooc Ltd is planning offshore oil and gas exploration with state-owned Tanzania Petroleum Development Corp.

Chinas Cnooc Ltd is planning offshore oil and gas exploration with state-owned Tanzania Petroleum Development Corp.

(Bloomberg) -- A criminal hacking gang has added more names to its lists of alleged victims from a recent campaign that exploited a vulnerability in a popular file-transfer product. Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionUS Navy Detected Titanic Submersible’s Implosion Days AgoFive-Star Hotel Guest Leaves Without Paying After 603-Night StayThe Big Names That Got Backstop for Billions in Uninsured SVB DepositsThese Are the World’s M...

China agreed another decades-long liquefied natural gas deal with Qatar in a further move to safeguard its energy security, reports Bloomberg. China National Petroleum signed a 27-year LNG purchase agreement for 4 million tons annually with QatarEnergy on Tuesday. Supply will begin in 2026 and CNPC will take a 5% equity stake in a production…