For one powerful oil major, reinvention is the name of the game
A streamlined structure, lower taxes for its investors and distance from some of its critics make reinvention attractive
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A streamlined structure, lower taxes for its investors and distance from some of its critics make reinvention attractive
Press release content from Globe Newswire. The AP news staff was not involved in its creation. ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS Shell International B.V.April 29, 2021 GMT Note 2 D 1. Q1 on Q4 change. 2. Adjusted Earnings is defined as income/(loss) attributable to shareholders plus cost of supplies adjustment (see Note 2) and excluding identified items (see Reference A). First quarter 2021 income attributable to Royal Dutch Shell plc shareholders was $5.7 billion, which included net gains on sale of assets of $1.4 billion and g...
The natural gas storage report from the EIA for the week ending January 29th indicated that the amount of natural gas held in underground storage in the US fell by 192 billion cubic feet to 2,689 billion cubic feet by the end of the week, which left our gas supplies 41 billion cubic feet, or 1.5% higher than the 2,648 billion cubic feet that were in storage on January 29th of last year, and 198 billion cubic feet, or 7.9% above the five-year average of 2,491 billion cubic feet of natural gas that have been in storage as of the 29th of January in recent years....the 192 billion cubic feet that...
Oil major Shell reports sharp drop in full-year profit, raises dividend CNBC 4/02/2021 Sam Meredith Shell reported adjusted earnings of $4.85 billion for the full-year 2020. That compared with a profit of $16.5 billion for the full-year 2019. The company said it would raise its first-quarter dividend to $0.1735 per share, reflecting an increase of 4% from the previous quarter. The results come as energy giants seek to reassure investors about their future profitability, following a dreadful year for the global oil and gas industry by virtually every measure. © Provided by...
Shell Sees LNG Volumes and Upstream Results Slide in 2020, Along with Profits The pandemic discombobulated the timeline for the massive natural gas export project underway in British Columbia, but Royal Dutch Shell plc has been able to recoup some of the lost time because most of the construction is in Chinese yards, which are “back and running,” CEO Ben van Beurden said Thursday. The CEO and CFO Jessica Uhl updated investors about the progress for LNG Canada, the liquefied natural gas (LNG) export project that Shell is leading on the west coast in Kitimat. The executive team also provide...