Shell sells Singapore refinery to Glencore joint venture
8th May 2024 14:29
(Sharecast News) - Energy giant Shell has announced that it is selling its interest in Singapore's Energy and Chemicals Park, the company's largest petrochemical production and export centre in Asia Pacific.
Read moreLondon close: Stocks jump on return from long weekend
7th May 2024 16:32
(Sharecast News) - London markets closed on a high note on Tuesday, as the top-flight index surged to record highs, buoyed by positive momentum from the US and European markets.
Read moreShell's Q1 performance "encouraging", says RBC
3rd May 2024 11:44
(Sharecast News) - RBC Capital Markets has raised its forecasts for Shell and kept an 'outperform' rating, saying the business was "firing on most cylinders" in the quarter.
Read moreLondon close: Stocks rise on back of well-received earnings
2nd May 2024 16:07
(Sharecast News) - London's stocks finished with gains on Thursday, fuelled by strong performances from key players like Standard Chartered and Smurfit Kappa.
Read moreShell Q1 beats estimates as profit hits $7.7bn, launches $3.5bn buyback
2nd May 2024 07:04
(Sharecast News) - Oil and gas giant Shell on Thursday reported much better-than-expected first-quarter earnings on the back of higher margins from crude and oil products trading and also unveiled a new $3.5bn share buyback.
Read moreSector movers: Oil, Autos drag on FTSE 350
1st May 2024 18:30
(Sharecast News) - Weakness in the oil patch and among select cyclicals dragged on the FTSE 350 in the middle of the week.
Read moreLondon close: Stocks slip on renewed geopolitical tensions
15th Apr 2024 15:39
(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.
Read moreLondon close: Stocks finish lower as US payrolls top forecasts
5th Apr 2024 15:22
(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.
Read moreShell lifts production guidance for first quarter
5th Apr 2024 07:13
(Sharecast News) - Oil and gas titan Shell has raised its short-term production forecasts and said it expects an increase in margins as it updated its guidance for the first quarter on Friday.
Read moreLondon close: Stocks turn red on return from Easter break
2nd Apr 2024 15:22
(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
Read moreShell CEO paid £7.9m in first year, makes changes to climate pledge
14th Mar 2024 08:02
(Sharecast News) - Energy giant Shell switched up its climate pledge on Thursday and revealed that chief executive Wael Sawan was paid a total of £7.94m in his first year on the job.
Read moreShell to cut 20% of jobs in deals team - report
13th Mar 2024 10:02
(Sharecast News) - Shell will reportedly cut at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs.
Read moreLondon close: Stocks manage gains despite UK recession news
15th Feb 2024 14:55
(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.
Read moreAnnual profits top $36bn at ExxonMobil
2nd Feb 2024 10:30
(Sharecast News) - ExxonMobil posted above-forecast earnings on Friday, as increased production helped offset a decline in energy prices.
Read moreLondon close: Stocks turn lower as BoE keeps rates on hold
1st Feb 2024 16:48
(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.
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