Will BP and Shell be able to close the gap with US peers Exxon and Chevron in 2024? December 23, 2023 ExxonMobil boasts the second largest oil company market cap in the world
Private sector AI forum to launch in January, No10 announce December 20, 2023 A new artificial intelligence (AI) opportunity forum to explore private sector adoption of the technologies will launch in the new year, No10 have confirmed.
TalkTalk buys Shell UK’s former broadband customers in Octopus Energy deal December 14, 2023 TalkTalk will gain the retail margin from the new additions, but will not get a wider customer base as the company already serves the former Shell customers through its wholesale platform, Sky reported.
Venture Global CEO: Shell and BP’s actions ‘not sporting’ December 6, 2023 Venture Global's chief executive has hit out at oil majors including BP and Shell for politicising a dispute over liquefied natural gas (LNG) contracts.
Shell retail energy arm slapped with second fine this month for ‘serious overcharging’ November 29, 2023 The probe found that on average customers were overcharged by more than £1,800, with some not receiving their money back for seven months.
Shell’s floating LNG plant to restart next month November 28, 2023 Shell is set to restart export operations at its giant floating LNG facility in Australia next month following an extended closure.
A tale of two oil giants: BP struggles to keep up with Shell, but net zero scrutiny is coming November 6, 2023 Energy giants unveiled sharp downturns in their usual earnings last week, but BP is struggling compared to its rival Shell.
Shell sweetens shareholders with chunky buybacks even as profits fall November 2, 2023 Shell joined its rivals in posting a year-on-year decline in profits over the third quarter this year but has kept its share price high.
Shell offers £2.8bn in share buybacks as profits slide to £5.1bn as commodity boom eases November 2, 2023 Shell is the latest energy giant to post a sharp downturn in profits, unveiling £5.1bn earnings over the third quarter — a 40 per cent decline year-on-year.
BP and Shell to receive boost from rising oil prices, analysts forecast October 29, 2023 Oil and gas giants BP and Shell are set to reap the benefits of climbing oil prices, according to analysts, as both prepare their third-quarter results.