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Shell plc

Shell, Equinor to create UK’s largest independent oil and gas company

by Merchant Moller
Shell, Equinor to create UK’s largest independent oil and gas company

The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea off the coast of Norway, on Monday, Feb. 13, 2023. Bloomberg | Bloomberg | …

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Shell wins appeal against Dutch climate ruling to slash emissions

by Merchant Moller
Shell wins appeal against Dutch climate ruling to slash emissions

Oil storage silos beyond waterlogged land at the Shell Plc Pernis refinery in Rotterdam, Netherlands, on Sunday, Feb. 11, 2024. Bloomberg | Bloomberg | Getty Images A Dutch court on …

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Oil giant Shell posts small drop in third-quarter profit to $6 billion

by Shen Ridenbaugh
Oil giant Shell posts small drop in third-quarter profit to  billion

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy | Getty Images News | Getty Images British oil giant …

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British oil giant BP posts $2.3 billion in third-quarter profit

by Shen Ridenbaugh
British oil giant BP posts .3 billion in third-quarter profit

British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British oil major BP on Tuesday reported its …

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Global sell-off, FTSE 100, Bank of England rate cut

by Merchant Moller
Global sell-off, FTSE 100, Bank of England rate cut

The lights of Frankfurt am Main’s banking skyline glow in the last light of day. Boris Roessler | Picture Alliance | Getty Images LONDON — European stocks extended losses on …

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Bank of England, Fed decisions; tech rally

by Merchant Moller
Bank of England, Fed decisions; tech rally

General view of the Bank of England building in London. Sopa Images | Lightrocket | Getty Images LONDON — European markets closed lower on Thursday as investors processed a raft …

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BP beats profit expectations after warning of weaker oil refining

by Merchant Moller
BP beats profit expectations after warning of weaker oil refining

A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images British …

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BP expects up to $2 billion impairment in 2Q on weak refining margins

by Shen Ridenbaugh
BP expects up to  billion impairment in 2Q on weak refining margins

BP in 2020 set out its ambition to become a net zero company “by 2050 or sooner.” Matt Cardy | Getty Images News | Getty Images BP shares dropped on …

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WTI falls as market tracks Hurricane Beryl

by Merchant Moller
WTI falls as market tracks Hurricane Beryl

U.S. crude oil futures fell nearly 1% Monday as traders monitored the impact of Hurricane Beryl on Gulf Coast refining, production and export infrastructure. Beryl made landfall near Matagorda, Texas, …

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Shell to take up to $2 billion impairment hit on Rotterdam, Singapore plants

by Shen Ridenbaugh
Shell to take up to  billion impairment hit on Rotterdam, Singapore plants

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy | Getty Images News | Getty Images Energy giant Shell …

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