Latest news and articles about Shell from NEX English
Shell has announced record profits of $9.5 billion in the third quarter of 2023, driven by rising global oil prices. This comes at a time when risks associated with liquefied natural gas production from Qatar are increasing.
Shell has announced a robust profit of <strong>$6.9 billion</strong> in the third quarter, exceeding expectations. The company also declared a <strong>5%</strong> increase in dividends, reflecting its financial stability amidst significant changes in the energy sector.
British energy company Shell announced adjusted profits of <strong>$6.92 billion</strong> in the first quarter of the year, surpassing analysts' expectations. This strong performance comes amid rising oil prices due to geopolitical tensions in the region.
Shell has announced a profit of <strong>$6.92 billion</strong> in the first quarter of the year, driven by soaring oil prices due to the war in Iran. This increase comes at a time of unprecedented disruptions in the global energy market.
Shell, one of the world's largest energy companies, announced record profits amidst rising tensions in the Gulf region due to the war in Iran. The company indicated that damage to its facilities could lead to a projected decline in gas production.
Shell's CEO, Wael Sawan, has indicated that shortages in oil and gas supplies could persist into next year, raising concerns about global market stability. Current challenges include geopolitical disruptions and rising demand.
British company Shell has announced its acquisition of Canadian ARC Resources, reflecting Prime Minister Mark Carney's confidence in expanding the country's hydrocarbon exports. This move comes as Canada aims to strengthen its position in the global energy market.
Shell has announced that its refineries in Europe, including the Pernis refinery in Rotterdam, are operating at full capacity to meet the rising demand for jet fuel. This decision comes in light of the ongoing energy supply crisis affecting the continent.
Exxon Mobil and Shell have reported that the ongoing war in Iran has negatively impacted their oil production during the first quarter of the year. This comes amid rising tensions in the region, raising concerns about the stability of global oil markets.
The Danish shipping group Maersk announced that the ceasefire between the United States and Iran may allow ships to transit the Strait of Hormuz. However, the company emphasized that this situation does not yet provide complete maritime guarantees.
Shell has announced significant impacts from the U.S.-Israeli war on Iran, lowering its gas production forecasts for the first quarter while seeing a notable rise in oil trading profits.
Shell, the British-Dutch oil giant, announced its first-quarter results, revealing a notable increase in its oil trading operations. This comes as the company faces challenges in the Middle East due to ongoing conflicts in Iran.
A Singapore court has sentenced Richard Goh, a former Shell employee, to 21 years in prison for his significant role in a fuel theft scheme worth $100 million. Goh illegally profited approximately $1.5 million from this crime.
Shell's CEO, Wael Sawan, warns that Europe will soon face fuel supply disruptions similar to those recently experienced in Asia due to ongoing tensions in Iran. This comes as global energy markets are directly impacted by escalating Middle Eastern conflicts.
Shell's CEO, Wael Sawan, announced that the British company may decide on investing in two natural gas projects in Venezuela by the end of this year. This announcement was made during a discussion at CERAWeek in Houston.
Oil giant Shell has warned of eroding trust in the natural gas market due to the ongoing war on Iran, sparking concerns over consumers' ability to bear costs and ensure supply security.