Shell announces $4bn share buyback as Q3 profits beat expectations
27th Oct 2022 07:30
(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.
Read moreShell turning to China to offload Russian business - report
21st Apr 2022 11:53
(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.
Read moreShell preparing to sell North Sea gas fields - report
15th Feb 2022 15:54
(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the ageing basin.
Read moreBerenberg nudges up target price on Shell
7th Feb 2022 10:52
(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating the firm was "on a roll".
Read moreShell to proceed with share buyback 'at pace' despite weaker oil performance
7th Jan 2022 07:49
(Sharecast News) - Royal Dutch Shell said its $7bn share buyback programme would continue "at pace" despite weaker oil product sales due to the Omicron Covid variant and forex headwinds in Turkey.
Read moreShell launches $1.5bn buyback from Permian sale
2nd Dec 2021 07:03
(Sharecast News) - Royal Dutch Shell has launched a $1.5bn share buyback as the first stage of returning cash to shareholders from the sale of its Permian business in the US.
Read moreShell to move head office to the UK, drop dual share structure
15th Nov 2021 12:16
(Sharecast News) - Royal Dutch Shell is to overhaul its complex corporate structure, including shifting its headquarters to the UK and changing its name.
Read moreShell Q2 profits hit by Hurricane Ida, sets new climate target
28th Oct 2021 07:03
(Sharecast News) - Royal Dutch Shell reported lower-than-expected third-quarter adjusted earnings despite higher fuel prices as it took a $400m hit from Hurricane Ida on operations and said it was setting new targets for carbon emission cuts.
Read moreUK petrol prices hit record highs as Brent crude reaches $86
25th Oct 2021 12:32
(Sharecast News) - UK petrol prices hit a new record high in the UK as global oil prices continue to soar, placing further inflationary pressure on hard-pressed Britons already struggling with surging energy costs and a tax rise.
Read moreSeeing Machines to provide driver distraction tech for Shell fleet
11th Oct 2021 08:16
(Sharecast News) - Seeing Machines said it had signed an agreement with oil giant Shell to supply its driver distraction and fatigue technology.
Read moreOil passes $80 per barrel for first time in three years
28th Sep 2021 11:39
(Sharecast News) - Benchmark oil prices have pushed past $80 a barrel for the first time in three years, as concerns about possible shortages grow.
Read moreRedundancies 'likely' at People's Energy, says administrator
27th Sep 2021 14:26
(Sharecast News) - Administrators have been appointed to gas and electricity supplier People's Energy after it collapsed in the wake of soaring wholesale gas prices, with redundancies 'likely', officials said on Monday.
Read moreShell agrees $9.5bn Permian Basin deal with ConocoPhillips
21st Sep 2021 11:23
(Sharecast News) - Royal Dutch Shell is to exit the Permian Basin after striking a $9.5bn deal with US major ConocoPhillips.
Read moreShell beats on Q2 profits, announces $2.0bn share buyback
29th Jul 2021 07:56
(Sharecast News) - All of Royal Dutch Shell's key financial metrics headed in the right direction over the second quarter, with the company announcing a dividend increase and share buyback programme as a result.
Read moreBP, EnBW, oil majors join Scottish windpower lease auction
19th Jul 2021 11:12
(Sharecast News) - BP and Germany's EnBW have put in a joint bid for Scottish offshore wind acreage which could support wind projects with 2.9 gigawatts of capacity, the two companies said on Monday.
Read more