LONDON, Jan 8 (Reuters) - Shell (SHEL.L), opens new tab trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected ...
LONDON, Jan 8 (Reuters) - Shell (SHEL.L), opens new tab will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern ...
The field’s recoverable reserves are estimated at some 480 million barrels of oil equivalent. The Whale field was discovered back in 2017 but production was delayed because Shell and Chevron ...
Shell has determined that an oil discovery off the coast of Namibia is not commercially viable, leading to a projected write-down of around $400m (£325.52m), reported Reuters. This decision is a ...
Along with rival BP, Shell has scaled back various climate objectives to focus more on oil and gas in order to raise profits, drawing criticism from environmental activists. "Shell and its ...
These companies have seen their share prices increase by 53 per cent and 22 per cent respectively over the last five years, while BP has seen double-digit falls and Shell was in the red last year ...