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.
Shell rakes in hefty profits as it announces $8.5bn buyback plan February 3, 2022 Shell has raked in $6.4bn in profits over its fourth quarter, while completing $1.7bn of share buybacks following its move to London.
Shell: What to expect from the energy giant’s upcoming fourth-quarter results January 31, 2022 Shell is set provide investors with a key update on its massive $7bn share buyback scheme during its fourth-quarter results later this week.
Proxy firm backs Shell’s plans to move HQ to London November 28, 2021 Institutional Shareholder Service (ISS) has recommended shareholders support Shell’s plan to move its headquarters to London.
Shell boss resists activist’s break-up plan and says oil giant still need fossil fuels November 4, 2021 Shell’s chief executive Ben van Beurden will not split the oil giant into multiple companies, going against what is being pushed for by majority shareholder Third Point. Van Beurden told the BBC the oil giant’s green transition can only be funded by fossil fuels. “At this point in time [the cash] comes from our legacy [...]
Third Point calls to break up Shell after acquiring a $750m stake October 27, 2021 Wall Street hedge fund Third Point has called to break up Royal Dutch Shell after acquiring a $750m majority stake in it. Third Point is urging the oil giant to split up into multiple companies to increase its performance and market value, accusing Shell of having an “incoherent” set of strategies for its businesses, a [...]