(Bloomberg) — Shell Plc, Europe’s largest oil company, bought a cargo of Russia’s flagship crude at a record discount, underscoring the company’s decision to keep buying supplies from the countr...
Tag: Shell
Will Attempts To ‘Self-Sanction’ Russia Be Enough To Tame Putin Without Oil-Mageddon?
Kremlin handout photo of Putin, March 3, 2022. Anadolu Agency via Getty Images It’s shocking to see western oil giants abandon tens of billions of dollars of investment in Russia — stakes in projects ...
Shell share price forecast after exiting its Gazprom partnership
The Shell (LON: SHEL) share price will be in the spotlight on Tuesday as investors react to the rising crude oil and gas prices and the company’s exit from Russia amid the Ukrainian invasion. The stoc...
Shell Joins BP—Abandons $3 Billion Russia Investments After ‘Senseless’ Ukraine Invasion
Topline Oil giant Shell on Monday announced it intends to exit joint ventures with Russian state-owned gas company Gazprom, becoming the latest firm to divest interests based out of Russia after the n...
Energy giant Shell to end partnership with Russia’s Gazprom as Ukraine conflict intensifies
The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell sa...
Where to buy Shell stock: it is up 2% today as gas prices hit the highest level in 7 years
The price of Shell stock is on the rise despite the current turmoil in Eastern Europe between Russia and Ukraine. The current price hike is attributed to the increased demand for gas and the subsequen...
Europe Looks Beyond Russia for Natural Gas. These Companies May Benefit.
The European Union will look to cuts it dependence on Russian natural gas. Andrey Rudakov/Bloomberg Text size It takes a brave investor to bet on the outcome of Vladimir Putin’s saber rattling around ...
Microsoft, Shell invest in LanzaJet, sustainable jet fuel start-up
The LanzaJet Freedom Pines Fuels plant in Soperton, Ga., is expected to begin producing 10 million gallons of SAF and renewable diesel per year from sustainable ethanol in 2023. Photo courtesy LanzaJe...
Royal Dutch Shell Changes Name
Royal Dutch Shell Changes Name This article was first published on Rigzone here Shell has confirmed that it has changed its name from Royal Dutch Shell plc to Shell plc. The company noted that Euronex...
Thai companies shell out millions to join the Bitcoin mining bandwagon
China might have labeled Bitcoin and cryptocurrency mining “obsolete” in the country. But its exit from the sector has proven to be a boon for countries like the USA, Russia, and Kazakhstan where most...
As BP Exits Russia, Other Oil Companies Face Risks Too
Text size Shell has a big stake in a Russian liquefied natural gas project. Jeff J Mitchell/Getty Images Oil companies haven’t been this financially strong in decades. They also haven’t been as politi...