Shell profits fall as oil, gas prices decline
27th Jul 2023 07:20
(Sharecast News) - Shell on Thursday posted a sharp fall in second-quarter profits as oil and gas prices declined a year after Russia's unprovoked invasion of Ukraine sparked a surge in the cost of energy.
Read moreThursday preview: ECB, Shell in focus
26th Jul 2023 14:43
(Sharecast News) - Investors' attention on Thursday would be on the European Central Bank.
Read moreShell exploring stake sale in renewable power unit - report
13th Jul 2023 16:03
(Sharecast News) - Shell is reportedly exploring options for its global renewable power operations, including a potential stake sale to outside investors.
Read moreShell to up dividend as it commits to oil production
14th Jun 2023 10:25
(Sharecast News) - Shell is to increase dividend payouts, reduce spending and maintain oil production, the energy giant confirmed on Wednesday as it looks to bolster shareholder support.
Read moreShell puts retail energy arm up for sale
6th Jun 2023 13:18
(Sharecast News) - Shell on Tuesday put its household energy supply business up for sale after poor returns in the UK, Germany and Netherlands.
Read moreSector movers: Big Oil drops amid caution around US debt ceiling, soft Chinese data
30th May 2023 17:06
(Sharecast News) - Big Oil was the main drag on the FTSE 350 at the start of the week as investors showed caution ahead of a key vote scheduled for the next day in the US House of Representatives on raising the government's debt ceiling deal.
Read moreSupreme Court rules in favour of Shell over Nigeria oil spill
10th May 2023 10:15
(Sharecast News) - The UK's highest court has ruled in favour of energy giant Shell in a dispute over a 2011 oil spill in Nigeria.
Read moreIthaca, Shell strike deal on Cambo stake sale
5th May 2023 07:04
(Sharecast News) - Ithaca Energy on Friday said it had struck a deal with Shell to market the latter's 30% stake in the giant Cambo North Sea oil and gas prospect.
Read moreShell Q1 $9.6bn profit beats expectation
4th May 2023 07:17
(Sharecast News) - Shell beat forecasts to post a first quarter net profit of $9.65bn (£7.6bn), boosted by strong returns from its trading division and higher liquefied natural gas, which offset lower oil and gas prices
Read moreThursday preview: ECB, Shell in the spotlight
3rd May 2023 18:23
(Sharecast News) - All eyes on Thursday would be on the European Central Bank as policymakers in Frankfurt met to decide on rates.
Read moreG7 Russian and Australia to keep Russian oil price cap at $60 per barrel
17th Apr 2023 13:43
(Sharecast News) - G7 countries and Australia decided to maintain the current $60 a barrel price cap for seaborne crude oil supplies from Russia.
Read moreShell reveals mixed outlook for first quarter
6th Apr 2023 07:33
(Sharecast News) - Shell shares were in the green on Thursday morning, after it took the wraps off a mixed first quarter outlook.
Read moreOil prices spike following shock Opec cut
3rd Apr 2023 08:53
(Sharecast News) - Oil prices surged on Monday after a surprise decision by Opec+ nations to voluntarily cut production.
Read moreOvo Energy plotting takeover of Shell Energy Retail - report
29th Mar 2023 11:00
(Sharecast News) - Ovo Energy is reportedly plotting a takeover of Shell's UK domestic gas and electricity business in a move that would see it reclaim the number two slot in the British market.
Read moreBP chief sees pay double to £10m
10th Mar 2023 11:34
(Sharecast News) - BP's chief executive saw his pay more than double to £10m last year, the energy giant confirmed on Friday.
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