Shell will cut 200 jobs in its low-carbon division

11:36am, Wednesday, 25'th Oct 2023
Shell is planning to cut 200 jobs in 2024, in a move to downsize its low-carbon energy solutions unit.
Shell will cut around 15% of its low-carbon division workforce and scale back its hydrogen business as part of CEO Wael Sawan's drive to boost profits, the company told Reuters on Wednesday.
Shell (LON: SHEL) share price has surged to a record high, helped by the soaring crude oil price. The stock reached a high of 2,800p in London this month.
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Shell has let go hundreds of contractors in a bid to streamline its operations and save costs, according to a report today. Scores of contracts, mainly in IT, are being cancelled or not renewed, the S
In the world of Big Oil, a significant transformation is unfolding. As major oil companies prepare to release their quarterly reports, a trend is becoming clear: share buybacks, not earnings, are beco
BP and Shell might be the bane of environmental protestors, but, in the City, the oil and gas duo can do no wrong currently. Two heavyweight brokers this week upgraded their forecasts for the duo, wit
Shell (SHEL) concluded the recent trading session at $68.49, signifying a +0.01% move from its prior day's close.
Shell is expected to complete maintenance at its flagship Prelude liquefied natural gas (LNG) facility off Australia by mid-November, two sources close to the project told Reuters on Wednesday.
Oil and energy stocks are expected to see extended support from Middle East geopolitics, according to investment bank strategists, with Barclays saying the "geopolitical risk premium [is] unlikely to
Shell (SHEL) terminates a vital EPCI contract with Sapura Energy in Singapore's pipeline project, raising questions about its future.

Shell and Qatar strike 27-year gas deal

08:02am, Wednesday, 18'th Oct 2023
Shell has struck a deal with Qatar that will see the Gulf state supply gas to the Netherlands for the next 27 years. Agreements for its North Field gas project will see Qatar supply 3.5m tonnes of gas
A court case over whether to allow Shell to explore for oil and gas off South Africa's pristine Wild Coast has been delayed until next year, a lawyer for environmentalists said on Wednesday.

QatarEnergy, Shell agree 27-year LNG supply

04:01am, Wednesday, 18'th Oct 2023
Qatar has further expanded its long-term gas supply to Europe, reaching a supply deal with the Netherlands to provide 3.5 million metric tons of liquefied natural gas (LNG) a year for 27 years.
Shell PLC has submitted a letter to the U.S. Energy Department in support of Energy Transfer's request for a new license to export liquefied natural gas (LNG) to countries without free trade agreement
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