Shell hopes to woo regulator with fresh plans for major North Sea gas field March 19, 2022 Shell has revived its efforts to develop a major North Sea gas field after previous attempts were shut down by regulators over environmental concerns. The fossil fuel firm has published an amended plan for the development of the Jackdaw field, at the Shearwater hub in the central North Sea. It is hoping to launch production [...]
Shell announces pounds sterling dividend payments after oil firm slashes ties with Russia March 14, 2022 Shell has announced the pounds sterling and euro equivalent dividend payments for its latest interim dividend. The London-listed fossil fuel giant announced its fourth quarter 2021 interim dividend on 3 February at $0.24 per ordinary share. Shareholders will be entitled to €0.2181 or 18.28p per ordinary share, providing they had validly submitted US dollars, euros [...]
Energy giants pump £75m into offshore wind schemes following UK ban on Russian oil imports March 9, 2022 Two energy giants will pump £75m into offshore wind projects, which could light 8.5m homes, as Britain looks to wean itself on dependence for Russian oil. ScottishPower and Shell have set aside the cash stimulus for initiatives to improve clean energy, after the duo were awarded rights to develop floating wind projects off the country’s [...]
UK’s biggest energy port confirms restrictions on Russian ships March 1, 2022 The UK's biggest energy port will not allow entry to any ships owned, registered or controlled by Russia - or flying the country's flag.
Shell announces new CFO following London HQ move March 1, 2022 Shell has appointed Sinead Gorman as its new chief financial officer with Jessica Uhl stepping down following the firm's HQ move to London.
Editorial: Businesses deserve credit for what are very big decisions February 28, 2022 Politicians sometimes resemble managers of struggling football teams; bad results are often written off as bad luck and outside of one’s control, but when the ball bounces in off somebody’s backside for a much-needed 90th minute winner they are, per the man in charge, often the result of some training ground masterstroke. So it is [...]
Shell announces exit from Russian assets following Downing Street pressure February 28, 2022 Shell will exit is joint ventures with Gazprom following intense government pressure to divest from Kremlin-backed assets.
Shell reveals LNG trade grew six per cent amid rebounding post-lockdown demand February 21, 2022 Shell has revealed the LNG trade grew six per cent year on year, as economies recovered from the COVID-19 pandemic.
Shell becomes Singapore’s first supplier of sustainable aviation fuel February 17, 2022 Shell has become Singapore’s first supplier of sustainable aviation fuel (SAF), the company announced today during the Singapore Airshow. “We have delivered some (SAF) to our customers SIA Engineering Company and the Republic of Singapore Air Force,” said Shell’s head of aviation Asia Pacific and Middle East Doris Tan. While the first batch of SAF was blended [...]
Shell’s profits boom as high oil prices drive up earnings February 3, 2022 Shell reported soaring profits yesterday, powered by hefty revenues amid tightening markets and rebounding demand.