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Shell Sells Washington Refinery

Royal Dutch Shell’s (NYSE: RDS.A) subsidiary, Equilon Enterprises LLC d/b/a Shell Oil Products U.S., has reached an agreement for the sale of its Puget Sound…

Shell pays down debt as profit surges by more than expected

(Bloomberg) — Royal Dutch Shell Plc took the opportunity to pay down its heavy debt burden as profit surged by more than expected in the…

Gulf Of Mexico Drillers Shut In More Than 80% Of Production Ahead Of Hurricane

Shell said on Thursday that it had shut in production at all nine of its platforms in the U.S. Gulf of Mexico and evacuated all…

Shell To Cut Up To 9,000 Jobs

Anglo-Dutch Shell will slash its workforce by between 7,000 and 9,000 as part of cost-cutting efforts, with the cuts to take place until the end…

Rosneft warns BP and Shell creating ‘existential crisis’ for oil supplies

Russian group says shift towards renewables could lead to supply shortages and higher crude prices   Russia’s Kremlin-controlled oil company has warned that BP and Royal…

Shell Set To Load First Oil From One Of Libya’s Open Ports

Supermajor Shell has provisionally chartered an oil tanker to load crude from one of Libya’s three open ports at the end of next week in…

Supermajor Era Ends for BP

(Bloomberg) — In the late 1990s, BP Plc boss John Browne used an oil-price slump to usher in the age of the supermajor, buying U.S….

UK could ban non-electric new car sales by 2030, says Shell

Royal Dutch Shell expects the UK can end the sale of gasoline and diesel vehicles in just a decade, as the nation attempts to eliminate…

Shell CEO: Don’t Expect V-Shaped Oil Demand Recovery

The global economy and oil demand are most likely not headed for a V-shaped recovery as the pandemic will have a knock on energy demand…

Record High U.S. Crude Inventories Threaten Oil Rally

Anyone connected or exposed to the dynamics of the oil price must be wondering if the recovery in the oil price is sustainable and, indeed,…

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