“These companies are breaking their promises. They are functioning as wartime profiteers,” Yale professor Jeffrey Sonnenfeld said.
Shell and  BP have separately started arbitration against an LNG group for failure to supply contracted cargoes as prices for the gas started to soar. The two have accused Venture Global LNG of selli
Shell said on Wednesday it had successfully completed drilling a fourth exploration well, Lesedi-1X, in Namibia that confirmed the presence of hydrocarbons.
Top LNG traders Shell and BP have separately filed for arbitration against U.S. exporter Venture Global LNG for failing to supply contracted cargoes, even as it sold to non-contract customers as price

Gurus Like These 5 Energy Stocks

12:30pm, Tuesday, 11'th Jul 2023
Expanding its bet on energy infrastructure, Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway Energy disclosed on Monday it purchased a 50% stake in the Cove Point liquefied natural gas facility
Per Shell (SHEL), second-quarter LNG liquefaction volumes are expected to go down around 1.4% sequentially but marketing sales volumes are scheduled to improve.
Shell PLC (LSE:SHEL, NYSE:SHEL) could be well positioned to embark on its shift towards becoming a net-zero emission company under new leadership, according to Deutsche Bank AG (NYSE:DB). The oil gian
VanEck Oil Services ETF NYSEARCA: OIH has delivered investors a nearly 43.4% performance over the past 12 months, outperforming the broader market by as much as 21.2% during the same period.
Shell PLC (LON: SHEL) expects scheduled maintenance to result in a sequential decline in its upstream production in the second quarter. Shell will report Q2 results later this month On Friday, the ene
The energy company's stock fell in early trading Friday. It is the world's biggest trader of liquefied natural gas.
Shell said Friday that it expects to book after-tax impairments of up to $3 billion for the second quarter of 2023, and that upstream production declined from the first three months of the year.
Shell PLC said it expects second-quarter trading at its gas division to be "significantly lower" compared with the previous quarter, due to seasonal factors. In a trading update, the oil major also a
Shell , Europe's largest oil and gas company, said on Friday it expects second-quarter trading at its gas division to be "significantly lower" compared with the previous quarter.
Shell's (SHEL) unit BSP extends Wood's offshore contract until 2026, enhancing production and supporting sustainability.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
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