Shell beats forecasts with $6.3 billion second quarter profit
Shell reported second-quarter profit of $6.3 billion, a drop of 19% from the previous three months as refining margins and oil and gas trading weakened, though still
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Shell reported second-quarter profit of $6.3 billion, a drop of 19% from the previous three months as refining margins and oil and gas trading weakened, though still
August 01, 2024Shell will take an impairment charge of up to $2 billion after the sale of its Singapore refinery and pausing of construction of one of Europe's largest biofuel plants,
July 05, 2024Spain's Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry sources said, the latest consolidation
June 28, 2024BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor
June 27, 2024Carlyle will form a new Mediterranean-focused oil and gas company led by former BP CEO Tony Hayward after the private equity fund agreed to acquire Energean's assets
July 02, 2024Carlyle has appointed Goldman Sachs' former head of commodities research Jeff Currie to lead the private equity giant's energy transition analysis, it said on Tuesday.
April 26, 2024Gabon's national oil company has agreed to acquire Carlyle's Assala Energy after it used its right to preempt the sale of the business for $1.3 billion to France's
April 26, 2024Big Oil firms are handing shareholders more money than ever and are promising more going forward in an attempt to reassure investors of their discipline and resilience
April 26, 2024Chevron is negotiating contracts to supply liquefied natural gas (LNG) into Europe for up to 15 years as buyers expect the region to rely on imports for longer than
July 02, 2024The prospect of Exxon Mobil or Chevron buying European majors has receded after the two leading U.S. oil companies announced major acquisitions focused on the Americas
July 02, 2024Shell and Exxon Mobil are nearing an agreement to sell their jointly-owned gas fields in the southern North Sea to independent British producer Viaro Energy, three
June 12, 2024Chevron said it is set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the U.S. energy giant's exit from the ageing basin
May 16, 2024BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure
May 22, 2024Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and
May 18, 2024Shell shareholders should vote against a resolution filed by a group of 27 investors urging the energy company to set tighter climate targets, proxy advisory Glass
May 17, 2024British finance minister Jeremy Hunt said on Wednesday he would extend by one year a windfall levy on North Sea oil and gas firms' profits.
April 26, 2024