Shell

Shell PLC (NYSE:SHEL) is reportedly initiating the sale of a significant portion of its U.S. solar business, Savion. The decision is in line with the company’s broader strategy under CEO Wael Sawan. What Happened: Shell’s U.S. solar business, Savion, is selling off approximately a...

In a recent announcement, Shell (NYSE:SHEL) revealed its decision to cease the operation of hydrogen light-duty passenger fueling stations in California. The move is attributed to supply chain issues and other external market factors, dealing a significant setback to the state’s hydrogen...

OPEC+, a consortium comprising 22 oil-producing nations, announced Sunday an unexpected production cut that will likely give a further boost to oil prices bouncing off their recent lows. What Happened: The combined cut announced by the oil consortium will be around 1.16 million...

Royal Dutch Shell (NYSE: RDS-A) is building on its sustainable transition goals with an ambition to produce 2 million metric tons of sustainable aviation fuel (SAF) per year by 2025. "Currently, sustainable aviation fuel accounts for less than 0.1% of the world's use of aviation fuel. We want to...

The District Court of The Hague in the Netherlands on Wednesday ordered Royal Dutch Shell (NYSE: RDS-A) to reduce its carbon dioxide emissions by a net 45% compared to 2019 levels by the end of 2030. Friends of the Earth Netherlands (Milieudefensie), six other organizations and more than 17,000 co...

National Hurricane Center (NHC) issued storm warnings for Tropical Storm Marco and Laura which is expected to make landfalls on the U.S. Gulf Coast. Tropical storm Laura is conditioned to stay across portions of the northern Leeward Islands, the Virgin Islands and Puerto Rico through today. As per...

2019 set quite a few records when it comes to stock market growth. And this is despite the tensions caused by Brexit and and the USA-China trade war saga. But the energy industry suffered some dramatic movements due to all this drama. And by energy industry, we mean the total of all companies...

Lately, there have been some big decisions in the circle of traditional fossil fuel producers, all related to their long-term plans and investment direction switch to renewable energy. And it may be said that those are some significant amounts of capital. The final plan is a carbon-free future. In...

Good day, In its annual LNG Outlook report, Shell stated that the worldwide demand for liquefied natural gas (LNG) has shot up by 12.5% to touch 359 million tons in 2019. The oil major expects to see demand double by 2040 because LNG is playing a growing role in shaping a lower-carbon energy...

Royal Dutch Shell PLC (NYSE: RDS) announced net income of $5.3 billion for the first quarter of 2019, a decrease of 2 percent from the same quarter last year, reflective of the crude oil market, but a significant improvement on the $4.5 billion expected by analysts. The report, released prior to...

LOUISVILLE, Kentucky. Shell Lubricants is hoping it can leverage its Rotella brand of diesel truck oils to successfully bite into the consumer market with a Rotella gas truck full synthetic engine oil. The Rotella Gas oil, first introduced late last year, is now in stores and Megan Pino, Rotella...

Featured stories this weekend in Barron's ponder the prospects for public sports team owner and a global health services company. The prospects for a commercial property owner are also examined in the wake of the Brexit vote. This week's cover story takes a closer look at the...